Tue.May 21, 2019

What Your Consulting Firm Needs Most: Perspective

David A Fields

What’s the heaviest chain restraining your consulting firm’s growth (in revenue or margin, lifestyle, or all three)? You already know the answer, because it’s in the article’s title: your perspective.

3 Best No Foreign Transaction Fee Credit Cards

Management Consulted

We’ve all been there at one point or another. You’re traveling abroad and haven’t planned to use a credit card or forgot to bring the right one. But then, emergency strikes, and cash is no longer an option. You pull … Continue Reading.

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Twenty-five years of digitization: Ten insights into how to play it right

McKinsey

The world that has been radically transformed since the commercial internet emerged a quarter century ago. Ten insights help frame the digital journey. Digital Insights

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Learning From Each Other

Women in Consulting

By: WIC Blog Admin. :: Who says old dogs can’t learn new tricks? A few years ago, the Women In Consulting Annual Best Practices Survey unveiled some tricks by top consultants that helped improved my business’ profitability and my work/life balance. Here’s one: I learned top consultants out-source the administration of their company so they can maximize their time on generating revenue. I added a bookkeeper and a virtual assistant to the Stage2 network and could not be happier.

Assessing the Five Styles of Enterprise Business Intelligence

The world of BI and analytics has evolved. Discover the five styles of reporting and analysis, and learn the pros and cons of each in an enterprise scenario.

A technology blueprint for personalization at scale

McKinsey

Personalization at scale requires companies to take on the challenges of technology and business in tandem, starting in the C-suite. Marketing & Sales Insights

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Bubbles pop, downturns stop

McKinsey

Economic downturns are impossible to predict and sure as sunrise. Build resilience now, because when the sun comes up, you’d better be moving. Strategy & Corporate Finance Insights

Drawing a Line

CaseInterview.com

A question came up the other day during the office hours I held for my members of my Inner Circle mentorship program. The question was, "Do you take on a well paying client engagement when you disagree partly with the scope of the project?". The ensuing conversation reminded me of McKinsey’s unofficial policy of turning down multi-million dollar client work when the firm didn’t feel the engagement was in the client's best interest.

Building resilient operations

McKinsey

In the face of rising uncertainty, get ready for the unexpected. To build resilience, accelerate productivity improvement and operational flexibility. Insights on Operations

4 Ways to Be More Buyer-Centric to Increase Sales

LSA Global

Top Sales Reps are Buyer-Centric. The secret to increasing your sales is not to push harder; it is to be more buyer-centric.

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Overcoming limiting mind-sets to improve safety

McKinsey

Companies looking to improve workplace safety have a number of methods at their disposal. But to embed a sustainable safety culture, they must overcome the mind-sets that underlie unsafe behaviors. Insights on Organization

Your Company Needs a Process for Offboarding Employees Gracefully

Harvard Business

Listen, show appreciation, and stay in touch. Employee retention Talent management Firing Digital Article

Getting beyond gridlock in cities

McKinsey

With more than half the world’s population living in cities, congestion and pollution are worsening. Technology may hold the solution—but only if city governments and companies collaborate. Insights on Sustainability

Using Data to Provide Better Health Care to New York’s Homeless

Harvard Business

Helping the largest homeless population in the U.S. Demographics Social responsibility Health Data IT Healthcare Digital Article

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It’s all horizontal (and books went first)

Seth Godin Blog

With enough top-down energy, it feels like the creator of an idea can broadcast it, anytime and anywhere. That enough hype/promo/media/leverage ought to allow a major publisher or network or candidate to bend the culture simply by yelling. If you follow this road, you’re going to be sorely disappointed. For 500 years, this hasn’t been true for books. And now it’s not true for anything. Ideas spread from person to person. Horizontally.

Why It’s Time to Finally Worry about ESG

Harvard Business

Robert Eccles, a visiting professor of management practice at Saïd Business School at the University of Oxford, says that the global investment community’s interest in environmental, social, and governance (ESG) issues has finally reached a tipping point. Large asset management firms and pensions funds are now pressuring corporate leaders to improve sustainability practices in material ways that both benefit their firms’ bottom line and create broader impact.

Does Your Company Really Need a Chatbot?

Harvard Business

Here’s when the answer is no. Internet Customer service Security & privacy Digital Article

Are You Ready to Go Freelance?

Harvard Business

The skills you need to work for yourself. Professional transitions Talent management Productivity Work-life balance Labor Digital Article

If the Key to Business Success Is Focus, Why Does Amazon Work?

Harvard Business

Harvard Business School professor Sunil Gupta explores the infiltration of Amazon into dozens of industries including web services, grocery, online video streaming, content creation and, oh, did we mention physical bookstores? What’s the big plan? Is the company spread too thin, or poised for astronomical success? Gupta is the author of the case study, “Amazon 2019.” ” Business models Growth strategy Operations Audio