Five reasons some zero-based-budgeting transformations greatly outperform others

McKinsey

A few basic practices, as our downloadable infographic shows, make a significant difference in helping changes stick. Insights on Operations

#9: 5 Reasons To Love Corporate Politics

Consulting Matters

Download Episode Transcript. I was asked to lead a massive initiative at Disney to help the operations executives redefine the guest/cast and cast/leader experience. I'll never forget the moment when I first fell in love with corporate politics.

How AI Is Already Changing Business

Harvard Business

Download this podcast. Technology Operations management AudioErik Brynjolfsson, MIT Sloan School professor, explains how rapid advances in machine learning are presenting new opportunities for businesses. He breaks down how the technology works and what it can and can’t do (yet). He also discusses the potential impact of AI on the economy, how workforces will interact with it in the future, and suggests managers start experimenting now.

#8: 5 Reasons Why EVERY Consultant Needs Systems Thinking

Consulting Matters

Download Episode Transcript. You may have found your way to consulting as a result of developing an expertise within a specific functional area like marketing, sales or operations and now are being invited to contribute towards projects that affect the entire enterprise.

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How NASA Uses Telemedicine to Care for Astronauts in Space

Harvard Business

Astronauts, doctors, nurses, and Mission Control personnel learn to acquire good operational communication skills through classes, practice, and scenario-based simulations. Ultrasound imaging, for the time being, is the only medical visualization device that can be flown and operated on a spacecraft. After reviewing the full set of imagery (downloaded from the ISS within the hour by the BME), the radiologist confirmed the problem.

Selling to Government: Understand the basic rules of engagement

Jacq Hackett Consulting

I can download a PDF of the policy and there in the table of contents is 4.8.2 – Engagement of consultants. These sites will also have project specifications to download, and you also upload your proposal and quote. Make sure your proposal demonstrates clear understanding of the client’s operating environment. In my experience, my clients in the government sector have tended to be smart, highly experienced operators with high expectations and a take no prisoner attitude.

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.

Seth's Blog: Memo to the modern COO

Seth Godin Blog

More than 3,000,000 copies downloaded, perhaps the most important book to read about creating ideas that spread. Instead of measuring the call center on calls answered per minute, he insisted that the operators be trained and rewarded to take their time and actually be human, to connect and make a difference instead of merely processing the incoming. In the industrial era, the job of the chief operating officer revolved around two related functions: Decrease costs.

Value Chain Analysis

Tom Spencer

It can be used to analyse the cost structure of a company as part of a declining profitability case, or to analyse the supply chain as part of an operations case. For more information on consulting interviews, please download “ The HUB’s Guide to Consulting Interviews “ ].

Thinking about becoming a consultant? You’ll need to get used to being outside your comfort zone

Jacq Hackett Consulting

Yes, you’re providing services within the sector/s you know; you understand the policy and operating environment and bring a wealth of experience drawn from working in that sector. Because as a consultant what we bring is expertise in solving system problems, in addressing complex issues in organisations, in the application of policy, in issues management, in strategic and operational planning. We all remember starting a new job.

Overcoming the fear of marketing yourself

Jacq Hackett Consulting

My own Capability Statement is available from my website so feel free to download and replicate something similar. You need to get your name out there because it’s all about establishing your credibility as someone who absolutely understands your potential clients’ operating environment. When you first start out as a consultant the prospect of having to sell your services can be daunting.

Overcoming the fear of marketing yourself

Jacq Hackett Consulting

My own Capability Statement is available from my website so feel free to download and replicate something similar. You need to get your name out there because it’s all about establishing your credibility as someone who absolutely understands your potential clients’ operating environment. When you first start out as a consultant the prospect of having to sell your services can be daunting.

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). Operations: While strategy consultants give recommendations about what a client “should” do, operations consultants help clients actually improve existing operations. (Source: Flickr ).

McKinsey 7 S Model

Tom Spencer

For more information on the consulting interview, download “ The HUB’s Guide to the Consulting Interview “ ]. (Source: Flickr ).

Sales Growth Myths to Overcome for Success

LSA Global

There are three major paths to growing your business: through (1) Creation of new products or services, (2) Investment in potential growth areas, and 93) Performance through improved operations. Growing Your Business Faster. How often do you scan your business for growth opportunities?

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Consulting Firms in Old Blighty

Tom Spencer

This week’s guidebook profiles the most prominent consulting firms operating in Old Blighty. You can download the guidebook here. Another week, another guidebook for you, dear reader. Where is Old Blighty you ask? Well, if you need to ask, then this week’s guidebook is probably not for you.

Profitability Framework

Tom Spencer

Value chain analysis: Consider value chain activities: access to raw materials; operating capacity; inventory handling and distribution. To what extent do the activities contribute to operational performance? Operations.

The Importance of Business Acumen for High Performance

LSA Global

We believe that employees need to better understand the key factors that affect a company’s operations and financial strength to improve decision-making and strategy execution. Operating income. Operating Expenses. The Importance of Business Acumen.

The Manager Employee Retention Myth

LSA Global

19% lower operating income. To learn more about how to engage and retain your top talent, download The Only 16-Step Employee Retention Strategy You Need. The Manager Employee Retention Myth about Managers’ Importance.

How to Decrease Organizational Complexity

LSA Global

Different from institutional complexity related to business model decisions such as geographic reach, product scope, and operational scale, organizational complexity makes it difficult, frustrating, and confusing to get important work done in a way that makes sense.

How to Encourage Employee Feedback in Your Culture

LSA Global

And it is your employer’s job to see that you are operating in a healthy corporate culture that encourages open communication and dissenting opinions. To learn more about how to encourage employee feedback, download 8 Reasons Why Leaders Need 360 Feedback.

Consulting Exit Options

Tom Spencer

Former consultants can land themselves strategy, marketing, operations, business development or management roles in large corporations like Amazon, Apple, Coca-Cola or Procter & Gamble. For more information on the management consulting industry, please download our “ Guide to Management Consulting “ ]. One of the benefits of starting your career in the management consulting industry is that it provides many favorable exit opportunities.

The High Cost of Employee Turnover

LSA Global

HR/People Operations employees are 37% more likely to leave than average. To learn more about how to engage and retain your top talent, download 2 Steps for Every CHRO to Retain Top Performers. The Revolving Door.

How the U.S. Navy is Responding to Climate Change

Harvard Business

Forest Reinhardt and Michael Toffel, Harvard Business School professors, talk about how a giant, global enterprise that operates and owns assets at sea level is fighting climate change—and adapting to it. Download this podcast. They discuss what the private sector can learn from the U.S. Navy’s scientific and sober view of the world. Reinhardt and Toffel are the authors of “ Managing Climate Change: Lessons from the U.S.

Revenue Roadblock

Joellyn Sargent

There are lots of ways that aspects of a business’s operations can interfere with the customer experience, preventing or inhibiting growth. Meet the business prevention department. It’s the place great opportunities go to die.

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How to Decrease Organizational Complexity

LSA Global

Leaders are apt to consider complexity from a broader point of view – the number of employees, the number of divisions, the number of facilities, the number of countries they operate in, etc. Can you justify operating in as many countries as you currently do?

The Power of Strategic Alignment

LSA Global

Our research found that team members are half as clear as their leaders about the team’s goals, roles, success metrics and operating norms. To learn more about avoiding the traps associated with unclear business strategies, download 7 Ways to Stress Test Your Strategic Clarity.

The 3 R’s of Building a Team of Top Performers

LSA Global

Their abilities are a near perfect match for their job function; they are a seamless fit for the culture in which they operate; and they are in a position to make a significant positive difference. What Does It Take to Be a Top Performer?

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The 3 R’s of Building a Team of Top Performers

LSA Global

Their abilities are a near perfect match for their job function; they are a seamless fit for the culture in which they operate; and they are in a position to make a significant positive difference. What Does It Take to Be a Top Performer?

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Do Your Corporate Values Keep You on the Right Path?

LSA Global

To operate at your peak, you need corporate values that truly define your workplace culture. To learn more about how corporate values keep you on the right path, download A Purposeful and Aligned Organizational Culture – Your DNA for Success.

4 Essentials for Leading Change Successfully

LSA Global

In our experience of nearly three decades leading change projects in the field, we have observed that organizations are generally better at the tactical and operational side of change compared to the strategic and people side of change. Leading Change. It seems that change is inevitable.

To Move Faster Create Strategic Clarity “Game-by-Game”

LSA Global

They can operate just the way a small boat or battleship would to dash here and there to clear obstacles in the path of the larger cruise ship. To learn more, download, Fast Track Your Leaders with Just-in-Time Leadership Development.

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Are Leadership Gaps Threatening Your Strategy?

LSA Global

Bold strategies require bold leaders who operate at many levels, deliver on challenging goals and inspire the best from their colleagues. To learn more about how to beat the strategy execution odds, download 7 Strategic Clarity Warning Signs to Pay Attention To.

Top 10 Strategy Answers that Employees Must Have

LSA Global

In the military, it is the plan that sets up an operation for success. If you liked the Top 10 Strategy Answers that Employees Must Have, download 3 Big Mistakes to Avoid When Cascading Your Corporate Strategy. What Is Business Strategy?

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. A firm may find this appealing because implementation may be a dedicated project unrelated to the firm’s ongoing operations. Why do organisations hire consultants?

64 Proven Ways Consultants Can Generate Leads Online (Consulting Lead Generation)

Tsavo Neal

Downloadable, Educational Content. You can download my free high-converting Consultant Homepage Template that comes with my free email course on how to build a system for getting more consulting clients online. Downloadable, Educational Content. Downloadable, Educational Content.

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How to Find Weak Links in Your Corporate Culture

LSA Global

Identify the cultural aspects that matter most in terms of customers, market approach, brand positioning, risk tolerance, operational variances, decision making, work atmosphere, people and results. Weak Links in Your Corporate Culture Can Derail Performance.