David A Fields
MAY 18, 2016
We like to pretend (almost) all of our pursuits end in success. Every project yields a delighted client. Every speech inspires the audience to a standing ovation. Every breakaway culminates without an embarrassing fall to the ice with a goal scored. But, of course, it ain’t so. Consultants often crow, “Once I’m in front of a prospect, I virtually always close!
Management Consulted
MAY 29, 2016
Welcome to yet another opportunity to gain valuable insights from a book review, written by Preeti Vemu, MC intern, MC events organizer extraordinary, and an ex-Deloitte consultant. Enjoy! Boston Consulting Group on Strategy is a compilation of 82 valuable articles called Perspectives, 4 Harvard-reviewed business articles and 8 other articles written by various members of The Boston Consulting group between 1968 to 2005.
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Melissa Agnes
MAY 2, 2016
I often get asked the following question: What should we include in our organization’s crisis management plan? While a crisis preparedness program is far more extensive than simply the plan (the plan being but one component – albeit a very important component – of the program), following are 5 sections I highly recommend should be included within any organization’s crisis management plan or playbook. 5 important elements to include in your crisis plan. 1- Activation guidelines.
Tom Spencer
MAY 22, 2016
(Source: Flickr ). We have commented on consulting jargon before, but we will do it again. Organisations hire management consultants to provide advice on their most challenging business problems. Senior management are busy people, and so consultants need to communicate as clearly as possible. The need for clarity, however, has not prevented consultants from developing an industry jargon all of their own, which can sometimes be pretty incomprehensible to industry outsiders.
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BCG
MAY 19, 2016
Focus Thursday, May 19, 2016. Throughout the world, companies recognize that their success depends on adopting the new digital industrial technologies that are collectively known as Industry 4.0. To assess how quickly this fourth wave of technological advances is gaining momentum, The Boston Consulting Group recently studied the status of adoption in Germany and the US.
Management Consulting Connection brings together the best content for management consulting professionals from the widest variety of industry thought leaders.
David A Fields
MAY 25, 2016
Consultants often want to know what resources I recommend to build a thriving practice. In addition to chocolate. Below are 10.5 resources I recommend. 10.5 Resources to Help Consulting Firms Thrive (in no particular order) Are there other resources you’ve found invaluable? Let me know in the comments below. Text and images are © 2016 David A. Fields, all rights reserved.
Management Consulted
MAY 22, 2016
ARCHSTONE CONSULTING. Today we highlight Archstone Consulting, a new firm on the block that is quickly making a name for itself in the consulting neighborhood. Founded in 2003 by two former Deloitte partners, Archstone Consulting specializes in helping companies eliminate operational inefficiencies, cut costs and invest resulting savings back in to the growth of the firm.
Melissa Agnes
MAY 23, 2016
Your crisis management governance model serves as one of the foundational elements of your entire crisis management program. It defines everything from the structure, roles and responsibilities of your crisis team, straight through to your internal escalation process. When working with clients to develop a scalable crisis management program, their governance structure is one of the first things I focus on developing.
Tom Spencer
MAY 29, 2016
I am currently living in Beijing, lecturing strategy and finance courses to undergraduates. One observation I’ve made is that the people here are good at identifying opportunities for profit. And I use the word profit not in a financial sense, but with the broader meaning of the French verb profiter, which means “to make the most advantage of” This can have positive, negative and hilarious consequences.
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Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr
BCG
MAY 18, 2016
Focus Wednesday, May 18, 2016. In many ways, digital technologies have had polar-opposite impacts for consumers and companies: For consumers, life has been simplified and empowered by devices such as smartphones and innovations such as social media. For companies, on the other hand, business has been made more complex by the need to manage many more channels and points of interaction—in-store, on the phone, online, e-mail, social media, and mobile apps, to name a few.
Chad Barr
MAY 25, 2016
This week’s reflection point: We all know that the Internet is the world’s best tool—right at our fingertips—to transform our lives and improve our businesses. But the web is also the world’s biggest distraction, and one of the worst enemies of productivity. Do you leverage the web to its full potential? Or are you one of the scores of people “caught” in the web, mostly distracted by it rather than empowered by it?
Strategy+Business
MAY 17, 2016
A 2015 PwC study of 6,000 senior executives reveals that "strategic leaders" -- those equipped to manage large-scale transformation -- are in short supply. Fortunately, companies can build the capacity for this type of leadership by implementing 10 fundamental principles. These principles represent a combination of organizational systems and individual capabilities; taken together, they can unlock the potential strategic leadership in your enterprise.
Management Consulted
MAY 15, 2016
You’ve been asking, we’ve been working, and now it’s finally here. The Consulting Bible is now available in Kindle and in print! Our biggest seller – The Consulting Bible – is now available as an ebook for all you Kindle owners (you know who you are) and in print for those of you hands-on learners who like to take notes on your practice cases.
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Savings Consultants are needed in today’s market more than ever. With an increase in expenses, businesses are looking for opportunities to save. Often unknown to businesses are savings in expense reduction, specialized tax savings, specialized savings including medical underpayments, health benefits cost reduction, zero cost processing, and more. Blue Coast Savings, with over 20 years in business, assists Savings Consultants in helping these companies move toward more profitable businesses.
freshminds
MAY 24, 2016
At a TEDX talk in Sydney in 2010, Rachel Botsman, author of the book 'The Rise of Collaborative Consumption', asked the audience the question - 'How many of you use a power drill?' When nearly everyone raised their hand, Rachel continued by saying that as the power drill will only be used for about 12 to 15 minutes in its entire lifetime, why don't you rent the drill from someone, or even rent out your own drill to make some money?
Tom Spencer
MAY 15, 2016
If you have recently been placed in a leadership or managerial position in your company, then you may need to change the way you approach work each day. The five most common mistakes discussed below are made by those in management in virtually every sector of the business world. Learning how to avoid them can help your team to thrive! 1. Goals – A team without goals is a huge problem.
BCG
MAY 17, 2016
Report Tuesday, May 17, 2016. Unfavorable economic conditions, escalating capital requirements, and stubbornly high costs continue to depress the performance of many investment banks. Their collective 6% ROE in 2015 capped off five years of dismal revenue results. Yet the same cannot be said for the capital markets industry as a whole—the ecosystem that includes buy-side firms, sell-side firms, information service providers, and exchanges.
Chad Barr
MAY 18, 2016
This week’s reflection point: Far too many people have a tremendous amount of knowledge, but fail to share it with the world. Don’t be one of them! It’s incredibly important to “digitize” your intellectual property, manifesting your ideas in podcasts, articles, blogs, videos, e-books, newsletters, and other online media. If you don’t showcase your unique wisdom in this way, it’s a disservice to yourself, to your business, and to those around you.
This White Paper targets opportunities for Management to develop proficiency in the Decision Framing and Analyses element of input to Decision, & Risk Analyses for Major Project Funding Decisions.
Consultants' Consultant
MAY 30, 2016
Consultants Consultant: Make meetings effective: set an outcome! When every meeting has an outcome then every meeting is focused. You can make meetings shorter, and you can feel a sense of achievement when they are done. Meeting outcomes are specific to the meeting, the client, and where you’re up to in the project. Choose just 1 outcome […].
Melissa Agnes
MAY 17, 2016
Welcome to episode #057 of The Crisis Intelligence Podcast, with Melissa Agnes and Garth Rowan. The wildfires in Fort McMurray, Alberta, Canada have been blazing since the start of May and have so far destroyed over 2400 buildings , including homes and businesses, and have resulted in an evacuation of approximately 90,000 citizens. Having yet to be completely tamed by fire fighters, the truly exceptional part is that, of the approximate 90,000 evacuees, not one person has died on account of the
freshminds
MAY 11, 2016
As we continue to upload, type, share and work on digital spaces, a digital trail is laid of our movements. We have looked at how big data analytics are important tools for consultants [1] in order to predict customer behaviour and improve supply chain management. But can big data also be used within companies themselves? For consultants making recommendations to business organisations about how to make them more effective, change in the digital sphere does not necessarily have to be focused on
Strategy+Business
MAY 16, 2016
People committed to common purposes and goals can change key elements of a company's culture when they set strong ground rules that allow people to feel confident.
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Case studies are proof of successful client relations and a verifiable product or service. They persuade buyers by highlighting your customers' experiences with your company and its solution. In sales, case studies are crucial pieces of content that can be tailored to prospects' pain points and used throughout the buyer's journey. In marketing, case studies are versatile assets for generating business, providing reusable elements for ad and social media content, website material, and marketing c
BCG
MAY 25, 2016
Article Wednesday, May 25, 2016. This article is the second in the 2016 BCG Value Creators series. In May 2016, we released the 2016 Value Creators rankings, which track the top performers worldwide and in 28 industry sectors on the basis of their total shareholder return (TSR) from 2011 through 2015. Recent volatility in global equity markets has led to an uptick in bearishness among investors.
Chad Barr
MAY 10, 2016
This week’s reflection point: I lost my Mom 14 years ago and there is not a day that goes by that I don’t think of her and miss her. As we just celebrated Mother’s day I reflected on some of the greatest lessons I learned from her. Risk taker – She stood in lines at the age of 7 in Poland waiting to get bread for her family and then fled on foot into the forest to escape holocaust.
MishTalk
MAY 17, 2016
Not satisfied with economic distortions resulting from the redefinition of full-time employment to 30 hours for Obamacare purposes but 32 … Continue reading →
Harvard Business
MAY 18, 2016
For many of us, working simply feels good. But just because it feeds your ego or makes you feel important, that doesn’t mean it’s actually good for you. How do you break the cycle of working long hours at the office and constantly checking email at home? How do you persuade those around you — similarly work-obsessed colleagues or a demanding boss — that working all the time isn’t healthy?
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Just because we're working with a distributed team doesn't mean we have to abandon time-tested tools and methods like whiteboarding. Digital look-alikes often cramp creativity and all but eliminate the humanity of shared interactions. Hardware solutions are also limiting and, of course, expensive and immobile. In an increasingly digital and remote-first world, it’s important for us to select tools and processes that allow us to mitigate if not eliminate the above problems.
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