David A Fields
APRIL 28, 2015
A consultant asked me the following question: I can be so focused on being helpful that I don’t sell an engagement. How and when do you transition from being helpful to getting paid for being helpful? Is there language that helps this transition? What’s your advice for this consultant? You know that adding value is important to win business, but adding value is also how you earn a living.
Management Consulted
APRIL 26, 2015
Today we highlight tremendous business analyst and post-consulting leadership jobs at Starbucks. Starbucks has changed the way so many in the world start their day. This company has turned an ordinary cup of coffee into an extraordinary experience for people everywhere and made a $5 cup of coffee normal throughout the world. Enjoy! Starbucks History & Culture.
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Tom Spencer
APRIL 28, 2015
(Source: Virgin.com ). It was very sad to hear about the eight people executed by firing squad by the Indonesian government, including two Australians. The death penalty is cruel. People who traffic drugs may be desperate, reckless, foolish, greedy or a combination of all of these things, but they are still people. And killing people is barbaric. The evidence has shown that the death penalty is ineffective as a deterrent.
MishTalk
APRIL 30, 2015
Initial unemployment claims plunged to 262,000 today bettering the Bloomberg Consensus. The Fed is ready now to pull the trigger at anytime and today's jobless claims data may have their finger a little itchy. Initial claims, not skewed by special factors, plunged 34,000 in the April 25 week to 262,000 which is the lowest level since all the way back to April 2000.
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David A Fields
APRIL 26, 2015
A consultant asked me the following question: When you contact trade associations about speaking, do you go straight for the executive director or do you contact the person who is listed on the website as handling education, etc.? What advice would you give this consultant? Who have you contacted first at a trade association to win a speaking gig? Post your thoughts by using the ‘Leave a Comment’ box below.
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Tom Spencer
APRIL 30, 2015
I had the good fortune yesterday to attend a conversation between Teppo Felin , Professor of Strategy at Oxford’s Said Business School, and Peter Thiel , co-founder of PayPal and recent author of the bestselling book Zero to One: Notes on Startups or How to Build the Future. Apart from being a co-founder of PayPal, Thiel is also known for being the first outside investor in Facebook, taking a 10% stake in 2004 for $500,000.
MishTalk
APRIL 25, 2015
The inevitable in Greece gets closer and closer. Looking back, I wonder how many rabbits in the hat there were. More importantly, how many still remain? I believe the answer to the latter question is zero. Yet, I also point out the propensity of German chancellor Angela Merkel to prolong the " not on my watch " inevitable. Meanwhile, the pot has is far more advanced than "simmering".
David A Fields
APRIL 29, 2015
Text and images are © 2015 David A. Fields, all rights reserved.
Killer Consultant
MAY 1, 2015
This post is for those of you who like the “inside baseball” type of posts. All others are free to pass. Relaunching the KillerConsultant – a personal tale. Once upon a time, there was a consultant who had a family. That would be me. Since registering for killerconsultant.com, almost 8 years have passed. Boy, have things changed. I can still vividly remember my first consulting assignment, back then at a large high tech company.
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Tom Spencer
MAY 1, 2015
A revolution in energy technology? Elon Musk launches the Tesla Powerwall. Elon Musk, CEO and product architect at Tesla Motors, has just announced the launch of the Tesla Powerwall. Musk was a co-founder of Paypal with Peter Thiel (who I talked about yesterday), and has since gone on to found Tesla Motors , SpaceX and SolarCity. The new product is a home battery that represents a potential revolution in energy technology.
MishTalk
MAY 1, 2015
It is amazing how good people can get at things. I would be hard pressed to even think about setting up some of these shots. Even if you are not a golfer you may appreciate this video. Link if video does not play: Bryan Brothers Golf Trick Shots. I like to golf. Breaking 90 is an excellent game for me. Mike "Mish" Shedlock [link] Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management.
Chad Barr
APRIL 29, 2015
This week’s reflection point: I bet that some of the content you developed in prior years is absolutely brilliant. Yet, it is your recent published content that gets most of the attention. So why not bring some of that old content back to life? Several years ago, in my podcast It’s Time to Repurpose Your Content , I discussed why it is rather imperative to repurpose our content.
Strategy+Business
APRIL 27, 2015
New platforms linking investors and entrepreneurs could have a dramatic effect on the banking industry and on economic growth.
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Tom Spencer
APRIL 29, 2015
(Source: Flickr ). Are you keen on management consulting but have poor grades? If you have poor university grades, you may face an uphill battle getting an interview at a top consulting firm. But don’t despair just yet. There are two steps you can take to combat this hurdle. You can highlight your most impressive work experience in your cover letter.
MishTalk
APRIL 30, 2015
A BLS report out today shows Compensation Costs up 0.7% December 2014-March 2015 and 2.6% over the year ending March. Civilian Workers Compensation costs for civilian workers increased 0.7 percent, seasonally adjusted, for the 3-month period ending March 2015, the U.S. Bureau of Labor Statistics reported today. Wages and salaries (which make up about 70 percent of compensation costs) increased 0.7 percent, and benefits (which make up the remaining 30 percent of compensation) increased 0.6 percen
Seth Godin Blog
APRIL 26, 2015
replace it with a habit. If you're afraid to write, write a little, every day. Start with an anonymous blog, start with a sentence. Every day, drip, drip, drip, a habit. If you're afraid to speak up, speak up a little, every day. Not to the board of directors, but to someone. A little bit, every day. Habits are more powerful than fears.
Strategy+Business
APRIL 29, 2015
Even after all these years, many companies have not yet figured out the transformational power of new technology.
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.
Tom Spencer
APRIL 27, 2015
(Source: Flickr ). Anchoring is a common psychological effect whereby people tend to rely too heavily on readily available information (the “anchor”) when making decisions involving uncertainty. To illustrate the point, let me ask you two questions: Is the population of Argentina greater or less than 80 million? How many people do you think live in Argentina?
MishTalk
APRIL 27, 2015
I am convinced the best thing for Greece is to tell the troika where to go. And recent events (at least until today) suggested Greece would do just that. On the other hand, extreme sentiment is usually wrong. It may not be, it just usually is. So please consider the British betting site, William Hill. Sentiment is so lopsided that the British betting site William Hill No Longer Accepts Bets On Greece. " No player seems interested in betting that Greece remains in the euro zone until the end of t
1 to 1
APRIL 29, 2015
Do marketers suffer from an unjustified youth fixation? Teens and young adults are often seen as trendsetters and business bellwethers, particularly in the digital space. But what if chasing after teen opinions is a waste of marketing dollars? There’s more… To read the rest of this blog posting click here or visit www.1to1Media.com/weblog.
Strategy+Business
APRIL 30, 2015
Customer service websites can help B2B firms keep their costs down, but they must invest in traditional hotlines and tech support to satisfy their neediest clients.
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Tom Spencer
APRIL 26, 2015
I recently had the chance to correspond with Georgia Hewett who handles Corporate Communications for Accenture in Australia/New Zealand. Georgia was extremely helpful and was kind enough to answer some questions I had about Accenture and its recruitment process. If you are a student, recent graduate or aspiring consultant looking to land a consulting job in Australia, then this information is likely to be of interest.
MishTalk
APRIL 28, 2015
An interesting article came my way today courtesy of a friend "BC". The article is Deconstructing ShadowStats. Why is it so Loved by its Followers but Scorned by Economists? by Ed Dolan. Mish readers likely know that I believe inflation to be understated, and that I also believe Williams' ShadowStats is wildly on the high side. For example, please consider GDP, Real GDP, and Shadowstats "Theater of the Absurd" GDP.
Gina Abudi
APRIL 28, 2015
Managing Stakeholders Expectations around Change Managing business process improvement (BPI) projects are challenging enough. Add to that the need to manage stakeholders’ expectations around change as it relates to the BPI project and your challenges have doubled! One of our responsibilities when managing BPI projects is to ensure we also manage the expectations of our [.].
1 to 1
APRIL 28, 2015
As companies continue to gain deeper proficiency using the Internet of Things for a range of applications (to monitor a patient's vital signs in a hospital, for enhanced connectivity between automobiles, drivers, and automakers, etc.), decision-makers will need to pay careful attention to how IoT influences the customer experience. Because as Fusion92 Founder and CEO Matt Murphy recently shared with me, "if there's not a benefit to consumers, you're probably not going to be successful.".
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