June, 2019

Google Analytics for Consultants, Part 1: Why It’s Important (& How To Install)

Tsavo Neal

Your consulting website is a marketing tool. You don’t know how it’s actually performing without analytics. Google Analytics is a (free) analytics product that shows you how your website is performing.

Tools 78

Coach Employees to Strengthen their Emotional Intelligence

Gina Abudi

Not every employee who joins the organization has strong emotional intelligence. Some employees tend to be reactive and don’t handle stress or conflict well. They are easily “triggered” by others and may not collaborate or communicate in the best way.

Accountability and Responsibility… What’s the difference?

Peter Stark

This is going to sound contrarian for those who know me…I have never considered myself to be a leader who has needed to be focused on team member accountability.

Using Equity Deals As A Consultant To Build Wealth with Roland Frasier: Podcast #93

Consulting Success

Investing money, time, and strategy in a company are the fundamentals you can apply to any industry. Founder of War Room Mastermind, Roland Frasier, shares how combining these three to equity deals can help build wealth.

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.

PWC CEO Survey 2019: What 1,300 CEOs think

Consultants Mind

PWC surveys CEOs every year and publishes the results at Davos (nice timing, right?). PWC believes that CEOS’ confidence – broadly speaking – on the economy, and business climate can be a leading indicator of actual GDP growth. Seems plausible, in my mind.

Survey 204

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McKinsey PEI: Personal Experience Interview

Management Consulted

If you interview for McKinsey, you may come across the McKinsey Personal Experience Interview (PEI). The McKinsey PEI is a separate behavioral portion of the interview process on top of standard behavioral questions you can expect to see. Years ago, … Continue Reading.

The drumbeat of digital: How winning teams play

McKinsey

Pace and power go hand in hand for digital leaders, which typically run four times faster and pull critical strategic levers two times harder than other companies do. Digital Insights

Statistics 101 – Multivariate Regression and Interpreting Regression Results (Part 3 of 3)

Tom Spencer

Simple linear regression is an important tool for understanding relationships between quantitative data, but it has its limitations.

3 Time-Tested Keys To Get Consulting Clients: Podcast #94

Consulting Success

Every entrepreneur says that marketing is the heart and soul of the business. They’re always looking for the latest and best applications or tools that will allow them to see better results in a short period of time.

Deloitte: Pivoting to Digital Maturity

Consultants Mind

Deloitte recently published Pivoting to Digital Maturity: 7 Capabilities Central to Digital Transformation here. They surveyed 1,200 executives (74% C-level executives, remainders VPs) and identified 7 PIVOTS that can help organizations push the digital transformation ball forward.

What Your Consulting Firm’s Clients Really Want

David A Fields

You’re a problem solver, synthesizer, connect-the-dotter. Yep, you’re a cerebral, smarty-pants consultant, and you use your mega-intellect to set your clients on the path to success.

Case Interview Examples: Master List

Management Consulted

The case interview is the biggest challenge consulting candidates must overcome to receive an offer. Most aspiring consultants are coveting an offer from the likes of McKinsey, Bain, BCG, and Deloitte. Though some are blessed with the innate talent to … Continue Reading.

The evolution of the CFO

McKinsey

CFOs are playing an increasingly pivotal role in driving change in their companies. How should they balance their traditional responsibilities with the new CFO mandate? Strategy & Corporate Finance Insights

Health Economics Part III – Organ Donations

Tom Spencer

I’ve mostly looked at demand driven components of health economics in previous articles. Now though, I will look at an aspect of health economics that flips the equation on its head.

Publishing Articles To Grow Your Consulting Business with Ryan Gottfredson: Podcast #92

Consulting Success

Our mindsets are the foundation of our thinking, learning, and behavior. Awakening our mindsets will empower us to improve and enhance our success. Ryan Gottfredson, a Professor at CSU-Fullerton and Mindset Consultant, dives deep and gather his wisdom on how mindset works and applies to everything.

Elon Musk: “Walk out of a meeting. “

Consultants Mind

In April 2018, Tesla was at a critical juncture – oh wait, that’s redundant – Tesla’s always at a critical juncture. Well, at the time, they had only produced 30K cars (as of June 2019, they’ve produced 420K+), and wanted to improve their precision, profitability, and productivity. Elon Musk sent an email out to Tesla, verified […]. The post Elon Musk: “Walk out of a meeting. “ appeared first on Consultant's Mind. Team Leadership

A Simple Question to Boost Your Consulting Firm’s Close Rate

David A Fields

A couple of decades ago in Pittsburgh, a small group of onlookers (including me) collectively gasped as the slender, young man we were watching wobbled at the top of his ladder.

Top 25 Consulting Firms

Management Consulted

Management consulting firms exist in every corner of the planet and serve virtually every industry niche.

Confronting overconfidence in talent strategy, management, and development

McKinsey

Best practices are well understood. But are companies following them as closely as their leaders claim? Future of Work

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Statistics 101 – Covariance and Linear Regression (Part 2 of 3)

Tom Spencer

Statistical inference helps us understand the data, and hypothesis testing helps us understand if the data is different from another set of data. These techniques are important when exploring data sets, as they help guide our analysis. However, these techniques are not enough.

Data 78

The Secrets To Generating Leads For An SEO Consulting Business with Glen Allsopp: Podcast #91

Consulting Success

SEO or Search Engine Optimization is a way to increase the visibility and the ranking of a website with keywords.

CNBC 16 min video on McKinsey & Company

Consultants Mind

Recently read The Firm: The Story of McKinsey, by Duff McDonald (affiliate link). Before I do a write up, please find a 16 min video by CNBC which highlights some of the strengths (reputation, history, alumni, 17,000 over-achiever consultants), and controversies (Enron, Valeant, MIO, South Africa) In the end, McKinsey excels at what it does. The post CNBC 16 min video on McKinsey & Company appeared first on Consultant's Mind. Consulting McKinsey

3 Tips to Gain 2 Extra Hours a Day

David A Fields

As a consulting firm leader, you’re constantly wrestling with the clock. You somehow have to balance project work with finding clients and annoying administrivia. Oh, and your family would like a minute here or there with you. Aaaack! Look, if finding extra time were as easy chunking your day into time blocks, or starting with … Continued. The post 3 Tips to Gain 2 Extra Hours a Day appeared first on David A. Fields. All Articles Consulting Consultants

Case Interview: What To Wear

Management Consulted

What to wear to a case interview should not be overlooked! We actually get a fair number of questions about this. When you think about how many applicants consulting firms get, and how many they actually give offers to, you … Continue Reading.

Promoting an overdue digital transformation in healthcare

McKinsey

Research from over 30 countries offers insight into providing digital healthcare, including practical steps for key stakeholders. Insights on Healthcare Systems & Services

Health Economics Part II – Insurance

Tom Spencer

In part one of my series about health economics I gave an overview of the drivers of demand in the medical care market. In this post, I will go beyond a general interpretation of demand and give you an in-depth overview of a specific and expensive issue: the rising cost of public liability insurance.

A Client Attraction Thought Experiment

The More Clients Blog

Imagine this: You are parachuted into a city where you’re a stranger. And you have one mission: Find some clients to work with. You have a few tools: A phone, a laptop, email, the Internet, your marketing message, and even a website. And you have some limitations: You can only find clients locally.

Who is Naval Ravikant?

Consultants Mind

Naval Ravikant is an angel investor, creator of AngelList, billionaire, and philosopher. After recently listening to a few interviews, my wife and I have been mesmerized. 1) What he says makes massive sense. “Yeah, totally.” ” 2) He’s got a strong point of view, which I like. 3) It’s direct, clear, and unencumbered. 4) A lot […]. The post Who is Naval Ravikant? appeared first on Consultant's Mind.

The five dimensions of value

The Source

There was a time, not so very long ago, when “value” was a word you rarely heard senior partners at consulting firms use—at least, not of their own volition.

Case Interview: Questions to Ask at the End of an Interview

Management Consulted

You’ve just gone through a grueling case interview and there are a few minutes left before you part ways with your interviewer. The tables have now turned, and it’s your turn to put your interviewer on the spot. But you … Continue Reading.