Wealth Management 101: The Hidden World of Private Banking
Tom Spencer
JUNE 30, 2023
The financial services industry comprises firms that operate across a range of sectors: Asset & Wealth Management, Banking & Capital Markets, and Insurance.
Development Operations Recruitment Retail 
Holiday Human-Capital Culling Could Cost
Harmonious Workplaces
DECEMBER 5, 2023
In-person, low-paying positions in retail, hospitality, restaurants, and healthcare remain in strong demand, though they may not attract highly skilled talent with college degrees or advanced credentials. This enables leaders to make informed decisions and develop plans to go from here and now to excellence.
Recruiting 
96
96 Join 76,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Trending Sources
How do MBA Programs Prepare you for Consulting?
Tom Spencer
NOVEMBER 14, 2020
We relied on marketing professors to learn current market analysis techniques and tools, online retail platforms for data, and customer surveys to generate a majority of our insights. With a team of five, we delved into 3+ years of sales data and operational costs to create an effective final presentation.
Consulting 142
142 
Oliver Wyman interview preparation: the inside story
Management Consulted
AUGUST 1, 2013
After building a successful model in financial services, Oliver Wyman expanded to offer pure strategy consulting services to non-financial services groups and now has 2 internal divisions that operate relatively independently. Retail and Consumer Products. Retail and Business Banking. Oliver Wyman became own firm again.
Oliver Wyman 201
201 
Lead to the future: leadership imperatives for success
Brimstone Consulting
DECEMBER 15, 2020
To take advantage of this opportunity place focus on building agility, aligning the organization, operating as a team of teams, and developing your people. Retailers, grocery stores, and restaurants launched curbside pick-up. Develop a Team of Teams. Build Agility. Breweries pivoted to making hand sanitizers.
Leadership 62
62 
Brews, News and Booz & Company: Interview and Culture Insights
Management Consulted
AUGUST 28, 2013
After he graduated from Northwestern University (Chicago, IL), he developed the idea that companies would become more successful if they called on someone outside of their organization to offer expert, unbiased advice. This idea became a theory, and he developed a practice. Operations and Logistics. Organization and Change.
Interviews 181
181 
BearingPoint Interview Preparation – Mystery or History?
Management Consulted
JANUARY 20, 2014
However, today BearingPoint is emerging as a player in the operations and technology scene, especially in Europe, and has re-established an impressive growth trajectory. Now, BearingPoint is operated as a Netherlands-based partnership which consisted of 120 partners in 14 countries throughout Europe. International Development.
BearingPoint 139
139 
AlixPartners Interviews and Culture
Management Consulted
JANUARY 25, 2016
Popular fields for AlixPartners alum include venture capital, private equity, financial services, investment management and retail. Here’s a list of notable AlixPartners alumni (okay, none of them are brand-name or famous but all are impressive) include: Reid MacInnes Cuming – Founder – Platform Development LLC.
Interviews 100
100 
Infosys Consulting Interviews & Culture
Management Consulted
NOVEMBER 27, 2016
Birthed in 2004 as a spin-off of Indian tech outsourcing behemoth Infosys Technologies, Infosys Consulting is quickly climbing the charts as an industry leader in IT Operations and Strategy consulting. IT Operations. Supply Chain and Operations Processes. SAP Operational Excellence. INFOSYS CONSULTING. IT Strategy.
Interviews 100
100 
Kalypso Interviews & Culture
Management Consulted
JANUARY 15, 2017
Currently, Kalypso LP operates as a subsidiary of Palladius Inc. Kalypso’s day-to-day operations are run by George Young (Chairman), Mick Broekhof (Founding Partner, Head of Kalypso Europe), and Bill Poston (Founding Partner, Managing Director). New Product Development (NPD) Execution. KALYPSO ORGANIZATION. Practice Areas.
Interviews 100
100 
Top 10 Consulting Firms in Washington, DC
Management Consulted
MARCH 26, 2017
Although historically not known for consulting services (unless you were consulting – ahem, lobbying – government officials), strategy, operations, and even tech consulting have exploded inside and outside the Beltway in the last 10 years. – Washington, DC.
Oliver Wyman 100
100 
A.T. Kearney Interview & Culture
Management Consulted
JANUARY 18, 2015
Now known to be THE best sourcing, procurement and operations consulting firm in the world, A.T. 1997 – First Global Prize, an annual business school case study competition for potential recruits, awarded. Operations. KEARNEY INTERVIEW AND CULTURE. Kearney is impressive on multiple fronts. Firm hires 2,000th employee.
Interviews 100
100 
Conversation with Marakon
Tom Spencer
JUNE 7, 2015
Alex Formstone is a Principal in Marakon ’s London office, and heads up recruiting in the UK for graduates and MBAs. I recently had the good fortune to talk briefly with Alex about his career, Marakon and its recruitment process. Once you join the firm you will be assigned a coach, who helps you with your professional development.
The Secret to Leading Organizational Change Is Empathy
Harvard Business
DECEMBER 20, 2018
These are major changes that will affect every aspect of how the firm operates — from the services it offers to the structure of her organization. A large European retail bank modeled this well during an organizational overhaul. Involve Individuals at All Levels. A transformation won’t succeed without broad involvement.
Banking 53
53 
5 Ways to Help Employees Keep Up with Digital Transformation
Harvard Business
SEPTEMBER 27, 2017
At L’Oréal, CEO Jean-Paul Agon signaled the company’s digital transformation when he recruited Lubomira Rochet to be the chief digital officer and a member of the executive team. The team was structured to operate like a startup, with a particular focus on user research, feedback, and a commitment to lean operations.
Media 44
44 FTI Consulting Interviews and Culture
Management Consulted
FEBRUARY 15, 2015
In 2005, the firm developed their first 5-year plan with a goal to double revenues from approximately $427M to $1B in 5 years. They did much of the work piecing together Mr. Madoff’s money trail and just recently flew over to Puerto Rico for the Puerto Rico Government, who hired FTI to improve operations of utilities and highway units (2014).
Interviews 100
100 What the Companies on the Right Side of the Digital Business Divide Have in Common
Harvard Business
JANUARY 31, 2017
While some have invested significantly in technology, operational, and cultural changes, others are lagging behind. billion, including most major firms in the manufacturing, consumer packaged goods, financial services, and retail industries. Other financial and operating indicators showed similar disparities.
Company 28
28 
A Commercial Pilot’s 2-Year Plan to Break into Consulting
Management Consulted
SEPTEMBER 24, 2014
I got a part-time job in a retail store, and in my downtime I just started a learning a lot of the tools necessary in order to be a producer/project manager in media. So I started searching for programs that consulting firms recruit from. Georgia Tech is a program that two firms recruit from that I would be interested in.
Consulting 125
125 
Alvarez & Marsal Interviews and Culture
Management Consulted
DECEMBER 6, 2015
Combining their industry experience, the pair were forerunners in what became a specialty area in professional services: turnaround management, corporate restructuring and operational performance improvement for companies and stakeholders. As such, some junior players in the firm feel like their career development is limited.
Interviews 100
100 Innovation Should Be a Top Priority for Boards. So Why Isn’t It?
Harvard Business
SEPTEMBER 21, 2018
This isn’t all that surprising given the level of innovation activity in these sectors, but directors operating in similarly disrupted sectors should take note. Director Recruitment and Skills. Recruiting directors with technological expertise is one avenue through which boards can boost their innovative capabilities.
Hay Group Interviews and Culture
Management Consulted
MAY 10, 2015
A global firm with a very interesting history, they’re known for motivating, developing and training their clients’ staff as well as the for research they carry out on the companies they work with. The Hay Group carried on growing for the next 20 years, expanding its operations and its global reach. Retail services. Industries
Groups 100
100 
What Platforms Do Differently than Traditional Businesses
Harvard Business
MAY 11, 2016
They operate platforms that make it easy and efficient for participants to connect and exchange value. Instead, they recruit participants, and then sell each group of participants access to the other group of participants. Westfield Malls operates shopping malls that help retailers and shoppers to get together.
Operations 28
28 Here’s Why Strategy Chiefs Succeed or Fail
Harvard Business
JANUARY 19, 2018
Consider Staples, the office-supplies retailer, which had tumbled from being the market leader to being a third of the new leader’s size by 1992. A central reason is it is hard to identify and recruit good candidates who fit on all dimensions. Here’s what we learned.
Strategy 28
28 Top 10 Consulting Firms in Boston
Management Consulted
JULY 2, 2017
BCG’s clients typically include many of the world’s 500 largest companies – BCG Boston is no exception, but in this office the focus is on healthcare, financial services, industrial goods, retail, and high tech. If these areas are of interest to you, this will be a great place to learn and grow in your career.
Oliver Wyman 72
72 How to Navigate a Digital Transformation
Harvard Business
JUNE 22, 2016
For example, do you make and sell things, hire skilled employees and provide services, develop and new IP like software or pharmaceuticals, or build and manage digital networks, be they transactional, informational, or social? That includes identifying your current mix of assets and the business model that your asset portfolio creates.
How To 34
34 
Growth Needs to Come from the Entire Company
Harvard Business
JUNE 17, 2016
Its goals are extremely ambitious; it is not just a pioneer in developing new fabrics for active wear, but in developing wearable electronics. Starbucks, for example, has a strong presence because CEO Howard Schultz, deliberately developed a growth plan grounded in its capabilities.
Company 28
28 What Airbnb and Strava Know About Building Emotional Connections with Customers
Harvard Business
MAY 3, 2018
There was no need to make a telephone call to a distant operator; all the farmer needed to do was log in and order. Farmers, alone for hours on end in the fields driving their tractors, looked forward to calling the operator to place their orders. AgriCo’s online platform failed dramatically. They enjoyed the company.
Don’t Acquire a Company Before You’ve Asked These Questions
Harvard Business
MAY 28, 2018
Large companies in industries ranging from retail, to aerospace, to financial services are buying talent and technology to develop new digital capabilities and reinvent themselves quickly. Julian Watt/Getty Images. million.
Company 28
28 
Robo-Advisers Are Coming to Consulting and Corporate Strategy
Harvard Business
JANUARY 12, 2018
This would represent between 10% and 15% of total retail financial assets under management. Marketing and sales, manufacturing, recruiting (including people assessment), customer service, and support are all fields that can benefit from artificial intelligence according to McKinsey’s recent research. will grow to U.S. $5
Strategy 28
28 
Change Management Is Becoming Increasingly Data-Driven. Companies Aren’t Ready
Harvard Business
OCTOBER 23, 2017
At EY, where some of us work, we have developed a tool for social media analytics called SMAART that is able to understand sentiment within consumer and influencer groups. Organizations often seem obsessed by measuring fractional shifts in operational performance, capturing data on sales, inventory turns, and manufacturing efficiency.
Before Automating Your Company?s Processes, Find Ways to Improve Them
Harvard Business
JUNE 13, 2018
What sets RPA apart from other automation technologies is that its ability to imitate a human user of one or more information systems reduces development time and extends the range of functions that can be automated across a much wider range of business activities. It operates at the task level and not the end-to-end process level.”
Company 42
42 
What Spinning Off a GE Business Taught Me About Managing Ultra-Fast Change
Harvard Business
JULY 24, 2017
So four years ago, when I was CEO of GE Capital Retail Finance and tapped to lead a mega change initiative — splitting off our unit into a new, publicly traded company, Synchrony Financial — I’ll admit I viewed it as a huge challenge. We have hired more than 5,000 new employees since beginning the effort in late 2013.)
Management 37
37 
What the Best Transformational Leaders Do
Harvard Business
MAY 8, 2017
Some companies that made the list were obvious choices; for example, the biggest online retailer now gets most of its profit from cloud services (Amazon). He got the top job because of that, and then as CEO he accelerated cloud-business development to make it the company’s primary strategy.
To Go Digital, Leaders Have to Change Some Core Beliefs
Harvard Business
JUNE 1, 2016
Digital transformation halts, or fails, for many reasons—but most often it’s because minor changes at the surface level do nothing to affect the fundamental operations of a company. In retailing, leaders worry about customer retention and dollar per square foot. Changing mental model is the important first step.
Industry 28
28 
Consulting Case Interviews at Non-Consulting Firms
Tom Spencer
NOVEMBER 30, 2019
As such, I’ve increasingly seen case interviews being used to recruit for corporate strategy roles in all sectors and business operation (“BizOps”) roles at startups. If you are applying to retail, you will have a retail case. Now, case interviews for non-consulting industries tend to really intimidate candidates.
ZS Associates Firm Profile
Management Consulted
NOVEMBER 6, 2016
In the 90s, ZS evolved by developing a new sales force effectiveness and productivity framework, data warehouses for clients, as well as a range of analytical services, data-handling capabilities, and rigorous analytics to the marketing research function. 16 Retail Consulting. #27 Business Operations. Software Development.
Case Interview 100
100 IBM Consulting Interviews: Navigating the IBM GBS Maze
Management Consulted
OCTOBER 18, 2013
IBM was founded in 1911 and has a rich history of ingenuity, deep convictions, premier research and development, and trend setting. Recognizing client’s needs for help managing IT operations and resources, IBM Vice President Robert M. Operations and Supply Chain. Revenue: $20B+ (2011). IBM GBS HISTORY. Finance Risk.
IBM GBS 203
203 The Cambridge Group: Interviews & Culture
Management Consulted
AUGUST 7, 2016
Rick Kash developed an inverted, but extraordinarily effective, ideology of “demand and supply” and applied it to all aspects of The Cambridge Group. One problem, however, with tossing traditional practice to the wind is that it takes a significant amount of success to prove that you’re operating on more than just blind luck.
Groups 100
100 Buck Consultants Firm Profile
Management Consulted
SEPTEMBER 11, 2016
started with only two employees and developed several revolutionary human resource concepts. Some of these include establishing the first global employee stock ownership plan, developing the first fully integrated health savings account and offering innovative severance solutions. Retail & Consumer Products. Transportation.
Consulting 100
100 How Amazon Adapted Its Business Model to India
Harvard Business
JULY 20, 2016
Thanks to Bezos’s vision and a highly successful, user-friendly website, by 1997 Amazon.com was the first online retailer to boast one million customers. And, determined to protect its own, India enacted a rigid FDI policy restricting foreign multibrand retailers from selling directly to consumers online. and to other countries.
Retail 28
28 How Unilever Reaches Rural Consumers in Emerging Markets
Harvard Business
DECEMBER 14, 2016
Consumer markets in the developing world are an enormous but still-untapped opportunity for companies seeking new sources of growth. billion rural consumers and about 3 billion of them live in developing countries in Asia and Africa. The Philippines is a nation of small retailers. By its sheer size, it has huge potential.
Marketing 28
28 
We Can’t Always Control What Makes Us Successful
Harvard Business
SEPTEMBER 8, 2014
It’s now done by economists, data engineers, IT operatives, and anyone who has access to the data. These tools are especially attractive to retail and service companies because they have so many employees and such high turnover, which means they are hiring all the time. But a few things have changed with the rise of big data.
Study 28
28 
KPMG Consulting Interviews and Culture
Management Consulted
NOVEMBER 2, 2015
However, not all of its resources are pointed towards consulting, as it offers three lines of services, Audit, Tax and Advisory, with the Advisory arm of its operations (where consulting lives) generating $9.09 Within the US, KPMG LLP operates from 87 offices with more than 23,000 employees. Operating Effectiveness. Outsourcing.
Interviews 100
100 
3 Major Forces Disrupting and Transforming the Professional Services Landscape
Progressus
OCTOBER 25, 2023
You know, those same disruptive forces redefining all sectors from manufacturing and retail to healthcare and tech. For example, finance teams must be able to draw on information from the entire business – projects, operations, sales, marketing, HR, along with external sources that put internal data in context – to make decisions quickly.
Data 52
52 
Let's personalize your content