Sat.May 07, 2016 - Fri.May 13, 2016

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5 Consulting Clients to Avoid (No Matter How Big the Project)

David A Fields

Independent consulting can feel like a trip down class V rapids in a flimsy, eight-person raft. Turbulent ups and downs, and moments of panic interspersed with general exhilaration. While most of our raft-mates are helpful (or at least fun to watch scream), if you spend enough time rushing down the roiling river you’ll encounter at least a few individuals you’d like to push out of the boat.

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Advanced Case Tactics: Interviewer- vs. Interviewee-Led Case Interviews

Management Consulted

Last month, we reviewed the nuances of case interview anatomy , emphasizing how interviewer- and interviewee-led interviews have similar case anatomy. If you’re new to the world of management consulting, or if you haven’t been around it for very long, you’ve probably noticed you have a lot to learn. Fit interviews, case interviews, frameworks, and 80/20: there are a whole heap of words that don’t mean a lot to a lot of people outside of our world.

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Customers Steer Digital Trends Driving Retail Bank Transformation

BCG

Article Tuesday, May 10, 2016. The return of economic growth to many of the world's markets, albeit at different rates, should help to boost the overall outlook for retail banking. At the same time, however, banks face a number of diverse challenges and uncertainties, including macroeconomic fluctuations, tighter regulations, customers’ heightened digital expectations, a need for better brand advocacy, and new sources of competition.

Retail 79
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Consulting or Banking

Tom Spencer

(Source: Google Images). If you are a high achieving undergraduate or MBA student, then you are likely to be considering various highly paid and prestigious career options. This post provides you with a high level comparison of management consulting and investment banking. 1. Nature of the job. Management consultants assist organisations by providing advice to address specific problems and to improve organisational performance.

Banking 60
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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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What Millennials Want from a New Job

Harvard Business

Millennials, it seems, really are the job hoppers people say they are. Those born between 1980 and 1996 are the most likely to look for and change jobs, according to Gallup’s new report “ How Millennials Want to Work and Live.” Our research — which provides an in-depth look at what defines Millennials as employees, people, and consumers — both confirms and casts aside some of the myths about this particular generation.

Study 50

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Good Vibrations: The CEO’s Practical Guide to Create and Amplify Energy

BCG

Article Thursday, May 12, 2016. Let’s talk about energy—not the kind that heats your buildings and powers your facilities and servers, but the complex and powerful force that shapes organizational performance. The way that CEOs create, convey, and manage energy throughout the organization can mean the difference between delivering high performance and constantly missing targets.

Energy 63
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Internal Big Data decision making

freshminds

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

Data 53
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The Value of One Great Idea

Women in Consulting

By: Rita Barber. Does one of the following describe you? Your business is on a roll. You’re ready to take that next step to grow your business even further. But you’re having second thoughts. Is this really the right time? Are there any negative consequences you’re not considering? What important details could you be missing? Your business is stalling.

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Listen, Do You Want to Know a Secret?

Strategy+Business

Creating a company-wide culture that prizes sensitive brand, process, innovation, and database information is the key to extracting value from proprietary jewels without giving them away.

Culture 44
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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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Investors Care More About Sustainability Than Many Executives Believe

BCG

Article Thursday, May 12, 2016. Sustainability is increasingly important for investors, as evidence mounts that companies' environmental, social, and governance performance has an impact on long-term financial success. BCG’s seventh sustainability report in collaboration with MIT Sloan Management Review found that 75% of senior executives in investment firms see a company’s sustainability performance as materially important to their investment decisions—and nearly half would not invest in a comp

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7 Things to Say When a Conversation Turns Negative

Harvard Business

Every person is at least 75% responsible for how others treat them. Our verbal and nonverbal actions limit or expand the options of others. For example, if someone asks, “How are you?” as he or she walks by, you know better than to turn around and walk with them in order to provide an extensive answer. By continuing to walk past, the person signals that only a nod or brief reply is expected.

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Budweiser, a Brand Owned by a Belgian-Brazilian Conglomerate, to Rename Itself “America”

MishTalk

The Belgian-Brazilian Conglomerate that owns Budweiser will help “Make America Great” again by renaming Budweiser to “America” I literally can't … Continue reading →

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Is the Best Defense an Offensive Crisis Management Strategy?

Melissa Agnes

I recently published a blog post discussing when it is OK to implement an offensive crisis management strategy. After writing the post, I received the following comment from a reader: “Part of your best defense is a good offense.” While this little saying is well known and has its purposes, I’d like to examine its implication and particular relevance in your organization’s crisis management.

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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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Banking on Digital Simplicity

BCG

Report Tuesday, May 10, 2016. Despite a tentative financial recovery, the retail-banking industry faces unrelenting, disruptive challenges. Banks that hope to prevail must urgently pursue digital simplicity. That is, they must develop digital and data capabilities that radically simplify their businesses while dramatically improving the customer experience through greater efficiency, quality, and speed.

Banking 63
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Recognizing Employees Is the Simplest Way to Improve Morale

Harvard Business

Recently I’ve been undergoing treatment for cancer, and have had access to a leading oncologist at a world-renowned medical center. At one point during a visit, we discussed how long she’s been practicing her specialty. She said she’s been at the same hospital for more than 40 years. Then I asked what her employers had given her to note that amazing milestone — four decades of saving lives!

Survey 44
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Wendy’s to Employ Self-Service Kiosks at 6,000 Locations

MishTalk

In direct response to higher wage prices and the firming of commodity prices, Wendy’s is going to install self-service ordering … Continue reading →

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Don’t call me Big Nose

Consultants' Consultant

Consultants Consultant: “Don’t call my wife Big Nose!” Monty Python, Life of Brian How many times today have you had to say no? Or how many times SHOULD you have said no (but didn’t). Felicity is an internal consultant for a pharmaceutical company. At the beginning of every financial year, she is charged with making sure every […]. The post Don’t call me Big Nose appeared first on Consultants' Consultant.

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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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Internet for All

BCG

Article Wednesday, May 11, 2016. The Internet has become a pervasive and fundamental part of daily life. Its impact both on economic development and on solving problems in areas such as health, education, basic financial services, and agriculture is well documented. Still, some 4 billion people—more than 55% of the world’s population—are not online.

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Research: You Have Fewer Friends than You Think

Harvard Business

HBR STAFF. People generally assume that when they consider another person a “friend,” that person also thinks of them as a friend. In other words, friendship is reciprocal. But when we analyzed self-reported relationship surveys from several experiments around the world, we found that while most people assume friendships are two-way, only about half of friendships are indeed reciprocal.

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Middle Class Shrinks in 203 of 229 Metropolitan Areas

MishTalk

Hollowing Out of America’s Middle Class Since 2000, the percentage of America’s middle class fell in nearly 90% of the … Continue reading →

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The Consultant who always said “yes”

Consultants' Consultant

Consultants Consultant: Whenever I working with smart consultants in my “Make NO sound like YES” program, there are always a few consultants in the room who say they don’t ever say no. They are proud of this fact. And it’s a good attitude to have. Saying yes all the time works if you have unlimited time, your client is […].

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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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Retail Bank Operational and Digital Leaders Reap the Rewards

BCG

Article Tuesday, May 10, 2016. BCG’s Retail-Banking Excellence benchmarking study (REBEX) profiles the operational and digital practices and performance of 20 of the world’s leading retail banks, a group of 40 institutions chosen for their size and the strength of their capabilities. (REBEX refers to our report as well as its underlying benchmarks, surveys, databases, and tools.

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Why We Pick Leaders with Deceptively Simple Answers

Harvard Business

To distressed people in troubled times, the least rational leaders make the most sense. This hundred-year-old theory harks back to the work of Sigmund Freud — and having to resort to it to explain a leader’s rise is never good news. After all, a decade after he cast light on the social forces that would sink Europe into the abyss of totalitarianism, an ailing Freud was forced to flee Vienna for London, where he could, as he put it, “die in freedom.” It was 1938.

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“Nikola One” First-Ever 2000 horsepower (HP) Electric Class 8 Semi-Truck

MishTalk

The Nikola Motor Company has emerged from a state of being unknown to unveiling plans for the first-ever 2000 horsepower … Continue reading →

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Are You a Likely CEO?

Strategy+Business

Track your chances of becoming a chief executive at one of the world's largest companies, based on a study of incoming leaders.

Study 46
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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.