Sat.Nov 16, 2013 - Fri.Nov 22, 2013

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Case Interview Foundations: 6 Types of Case Interviews

Management Consulted

'So, after writing the perfect resume and cover letter, and preparing at least 6 Hero Stories, it’s time to face the music. Consulting firms rely heavily on case interviews to find the right candidate and, therefore, you should practice them – practice them well, start practicing them early (2-3 months prior to the interview), and then keep practicing them often.

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Best German Words you'll learn today

Consultant Ninja

'Fingerspitzengefühl : a German term, literally meaning "finger tips feeling" and meaning intuitive flair or instinct, which has been appropriated by the English language as a loanword. In German, it describes a great situational awareness, and the ability to respond most appropriately and tactfully. It can be applied well to diplomats, bearers of bad news, or to describe a superior ability to respond to an escalated situation.

Culture 100
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New Editor: Shishir Pandit

Tom Spencer

'I NTRODUCING Shishir Pandit. We are delighted to welcome Shishir to join the Consulting Blog as an Editor for 2013/14. Currently based in Melbourne, Shishir is a Management Consultant at Deloitte and a Strategic Advisor at the Global Consulting Group (a non-profit consulting organisation). He was a finalist in the Victorian Young Business Person of the Year Awards, and holds a combined Commerce/Law (Hons) degree from Monash University.

Deloitte 107
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How To Leave the Blues Behind

Women in Consulting

'By: Mary Beth Deans OK, big topic. Everybody has bad days–sometimes bad weeks or months. It can seem like nothing is going right, that everything is dark, that there’s no point in going on. I’ve got four ideas for you, they’re all tips I’ve used when I’ve been down in the dumps. They’ve worked for me, and I hope you’ll find them useful. Assuming you don’t need professional help, try these four little things shift your perspective: 1.

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PowerPoint Best Practices for Creating Stellar Presentations

Mastering data visualization in PowerPoint will help accelerate your career because it positions you as someone who can present data that drives business decisions forward. think-cell's PowerPoint Best Practices eBook was created specifically for professionals aiming to master the art and science of data-driven storytelling. What’s inside: Practical Insights: Uncover valuable tips for crafting engaging and persuasive presentations.

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Mish Fined 8,000 Euros for Quoting French Blog

MishTalk

'A few days ago I learned, via a French blog, that I was fined 8,000 euros for quoting a French blogger. I would have known earlier, but the letter notifying me of the fine was sent in French. In an earlier express letter packet, I could make out a few of the words, in particular noting a summons to appear before a tribunal in France. Needless to say, I did not go.

More Trending

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In Conversation: Eric Ries on How to be Entrepreneurial Inside a Big Company

Strategy+Business

'In the first video interview of this five-part series, Eric Ries, author of The Lean Startup, tells Paul Michelman, executive editor at strategy+business, that entrepreneurs exist everywhere--and discusses what that means for innovation at big companies.

Company 53
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#BlackFriday = media trap

Seth Godin Blog

'Black Friday was a deliberate invention of the National Association of Retailers. It was not only the perfect way to promote stores during a super slow news day, but had the side benefit of creating a new cultural norm. Any media outlet that talks about Black Friday as an actually important phenomenon is either ignorant or working hard to please their advertisers.

Media 55
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No Money to Retire the New American Nightmare; Retirement at 80 the New Norm?

MishTalk

'Except for public union workers with pensions that ultimately will not be met, retirement age for most keeps inching up. People need to work longer or go back to work after a few years of retirement because they have insufficient savings. This creates competition between those over 60 and those under 20 for low-paying jobs. I have been discussing this for years.

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Beyond Technology

Chad Barr

This week’s reflection point: I am here in Hong Kong with eight successful global consultants, attending Alan Weiss’s yearly Million Dollar Club gathering. Among the many great topics we have explored, the one that resonated most with me at the conclusion of the first day was the need for us to create trends. In order to create new trends it is critical to identify key shifts or movements, combine them, and develop a substantial new direction for your clients to recognize and follow.

Trends 40
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How to Stay Competitive in the Evolving State of Martech

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

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The Psychology of Pricing: Customers Prefer Round Numbers

Strategy+Business

'Business managers may think they''re fooling customers with a $4.99 price tag, but a new study shows most consumers would rather pay $5.00.

Study 53
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"How deep is this water?"

Seth Godin Blog

'If it''s over your head, does it really matter? At some point, when the stakes are high enough and your skills and desires are ready, you will swim. And when you swim, who cares how deep the water is? [You might find that deeper water is actually calmer and easier to swim in.].

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California Business Owner with 600 Employees Chimes in on Obamacare Effect; Clown to the Left, Jokers to the Right, Musical Tribute

MishTalk

'Yesterday I received an email from a California Business Owner with 600 employees. Let''s tune in to how Obamacare affected him, as well as his employees. Dear Mish My company, based in California, employs 600. We used to insure about 250 of our employees. The rest opted out. The company paid 50% of their premiums for about $750,000/yr. Under Obamacare, no one can opt out without penalty, and the rates are double or triple, depending upon the plan.

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Win By a Nose – Lose It All

Martinka Consulting

'Your business and your eventual exit are not like a horse race, are they? The horse that wins by a nose wins five, ten or more times as much money as the horse that loses by a nose. It’s pretty much all or nothing. When it comes to exiting your business there is no such thing as winning by a nose (and getting ten times as much). You get what (a buyer perceives) it’s worth and you can increase that value by addressing some key areas.

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Savings Consultants Are Needed in Today's Market More Than Ever

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.

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Achieve Business Success Through Project Management Strategy

Gina Abudi

'When leaders look at project management from a strategic viewpoint, they are better able to meet the goals and objectives of their business. Project management enables us to take a step-by-step approach to getting to the end result. Use a project management approach to: prioritize the initiatives we have to accomplish to meet organizational goals [.].

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Extinguishing the tantrum cycle

Seth Godin Blog

'Tantrums are frightening. Whether it''s an employee, a customer or a dog out of control, tantrum behavior is so visceral, self-defeating and unpredictable, rational participants want nothing more than to make it go away. And so the customer service rep or boss works to placate the tantrum thrower, which does nothing but reinforce the behavior, setting the stage for ever more tantrums.

System 51
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Congratulations to Illinois: Most Government Bodies, Most Convicted Governors, Lowest Credit Rating

MishTalk

'Illinois tries harder. According to the Illinois Policy Institute Illinoisans suffer from the second-highest property tax rates in the nation. Illinois is the third most corrupt state in the nation. But Illinois is solidly in first place in other categories. Most Convicted Governors For example, Illinois is at the top of the list in imprisoned governors.

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Consultants – Expand Your Vision and Your Business

Martinka Consulting

'Reason one on why it’s important to have a mentor to get your consulting business to the next level. So you can expand your vision, see the big picture and see it clearer. A good mentor will frame things down to essence of the idea and help you get rid of the clutter. Isn’t this what we do for our clients? We provide ideas, solutions and alternatives.

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TOOLS and METHODOLOGIES for developing DECISION SUPPORT PACKAGES

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.

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Providing a Seamless Customer Experience is a 2013 Holiday Shopping Essential

1 to 1

'Each year it seems as though the holiday shopping season starts earlier and earlier. This year is no exception. Given that it''s the shortest shopping season with only 27 days between Thanksgiving and Christmas, many consumers have already been hitting the malls and browsing online for deals. There’s more… To read the rest of this blog posting click here or visit www.1to1Media.com/weblog.

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Who is this marketing for?

Seth Godin Blog

'Before you spend a minute or a dollar on marketing, perhaps you could answer some questions: Who, precisely, are you trying to reach? What change are you trying to make? How will you know if it''s working? How long before you will lose patience? How long before someone on your team gets to change the mission? How much time and money are you prepared to spend?

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57,730 Washington State Obamacare Sign-Ups, 51,368 of Them for Medicaid; Obamashock Theory and Practice

MishTalk

'It is quite amazing as to what state and federal officials tout as Obamacare "success" stories. For example, in the state of Washington, of the 57,730 who have signed up, a whopping 51,368 were for "free" Medicaid services. Given that Medicaid is jointly funded by the state and federal government, this is bound to put a hole in the state budget. Nonetheless, state officials are pleased with the result as noted by the Peninsula Daily News.

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Consultants and Advisors – Why Have a Mentor (or Coach)

Martinka Consulting

'This is the first in a series of posts on why solo consultants should consider a mentor. The CEO of a 64,000-employee organization said that he has a personal cabinet around him. These are people he can consult with on a regular basis. Others call this their inner circle or advisory board. When it’s one person, not a group, providing the advice it’s known as a coach or mentor (and there is a difference).

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Why You Need to Use Case Studies in Sales and Marketing (and How to Start Now)

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

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Are You Building Relationships in Your HR Role?

Gina Abudi

'If not…you better start! If you are in a human resources role – whether an administrator, training specialist, manager, director or in a senior leadership human resources position – and you are not investing the time each week to build relationships throughout the organization, you cannot be successful over the long term. Human resources is [.].

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Looking for patterns (where they don't exist)

Seth Godin Blog

'What do Yahoo, Google, Facebook and Twitter all have in common? That''s right: They have brand names that revolve around repeating a letter. Two "o"s in the first three and a double "t" in the last. Human beings are pattern-making machines. That''s a key to our survival instinct--we seek out patterns and use them to predict the future. Which is great, except when the pattern isn''t there, when our pattern-making machinery is busy picking things out that truly don''t matter.

Meeting 48
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U.S. Crushes 6 Tons of Ivory, Some of it Exquisitely Carved, to "Send Message" to Poachers; Does This Make Sense?

MishTalk

'Here''s an interesting video of the US taking 6 tons of confiscated ivory to Africa to crush it. The purpose was to "send a message" to poachers. The entire worldwide elephant population is 500,000. They are vanishing at a rate of 50,000 per year, just for their ivory. A couple of people sent me this video, Reader Michael was first. Link if video does not play: U.S. crushes 6 tons of confiscated ivory to send message to poachers Africa''s elephants are being slaughtered at a record pace by poac

Video 76
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4 Tips for Overcoming Big Data Dilemmas in Retail

1 to 1

'Big Data continues to befuddle marketers, and those in the retail sphere are no exception. With consumer information constantly flowing into the organization, it can be rather difficult to keep everything under control and remain vigilant in case concerns arise. But, as Don Patrick, president of Infogroup Targeting Solutions, says, without proper data hygiene practices and analytics, Big Data is no more valuable than the sum of its parts.

Retail 43
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ABM Evolution: How Top Marketers Are Using Account-Based Strategies

In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.