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Types of Consulting

Tom Spencer

Here are five (5) of the main types of consulting that might interest you: Strategy: Think BCG , McKinsey and Bain (although it is worth noting that these firms are doing less and less “pure” strategy work and more operations, implementation and restructuring).

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Our Physical World Has Changed: Augmented Reality in Tourism

Tom Spencer

Augmented reality operates by transforming data and analytics into information and images which are overlaid on the real world. Augmented reality has been designed for enterprise and consumer devices such as smart phones and tablets, and can be delivered via software applications downloaded onto a device or hosted in the cloud.

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Outsourcing Matrix

Tom Spencer

To what extent do the activities contribute to operational performance? If the activity has a low contribution to operational performance it can be eliminated, and if it has a high contribution to operational performance it should be outsourced. Operations. Common cost reduction techniques include: 1. Procurement.

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The Consulting Value Proposition

Tom Spencer

In an apparent attempt to stop McKinsey poaching key talent, AlixPartners sued its former employees (Eric Thompson, managing director of AlixPartners’ Hong Kong office, and Ivo Naumann, head of its Shanghai branch) on claims that they misappropriated trade secrets before they left the firm’s Asian operations. Independent Advice.

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Profitability Framework

Tom Spencer

Value chain analysis: Consider value chain activities: access to raw materials; operating capacity; inventory handling and distribution. This might be done by segmenting costs into value chain activities: inbound logistics, operations, outbound logistics, sales & marketing, customer service. Operations. Declining prices.

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How to Help Teams Become Comfortable with Uncertainty

LSA Global

According to recent McKinsey research, successful agile transformations deliver almost 30% improvements in efficiency, customer satisfaction, employee engagement, and operational performance. To learn more about how to help teams become comfortable with uncertainty, download Change Agility – A New Leadership Mindset.

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How to Learn New Skills Faster

LSA Global

Josh Waitzkin, chess whiz, martial arts expert and author of The Art of Learning , puts it this way, “The more present we are at practice, the more present we will be in competition, in the boardroom, at the exam, the operating table, the big stage.”. The post How to Learn New Skills Faster appeared first on LSA Global.

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