Tom Spencer
FEBRUARY 17, 2014
'Management requires smooth process, leadership requires clear vision. Management is about running systems, processes, and people. Leadership is about taking action, and inspiring others to do so. Having a vision, and the ability to influence and motivate others to sail towards it. Your team needs both. If you have no managers, then key details, tasks and deadlines are likely to be missed.
Melissa Agnes
FEBRUARY 19, 2014
'It has been announced that Paula Deen is prepping her comeback. Less than a year after her disastrous issue-made-crisis on account of her serious lack of proper crisis management , Deen has created a new company, Paula Deen Ventures, which is reported to be backed by Phoenix-based investor, Jahm Najafi. With Steven Nanula appointed CEO of Paula Deen Ventures and multi millions (reported to be between $75 and $100 million) in backing from Najafi Media, this new team has high hopes for making thi
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Women in Consulting
FEBRUARY 20, 2014
'By: Renee Daggett In September 2013, the IRS released new rules regarding expensing repairs/supplies and depreciating assets. They are providing clarity on how you can or cannot write off purchases of equipment, tools, supplies, etc. For years, we have used the Generally Accepted Accounting Principle of expensing items that small businesses purchase of up to $500 or even $1000 when appropriate. .
MishTalk
FEBRUARY 19, 2014
'A proposal by French president Francois Hollande got me thinking about " The Law of Bad Ideas ". I did a search for the phrase and surprisingly, nothing came up. Thus, I get to define the phrase. Law of Bad Ideas : Bad ideas don''t go away until they have been tried and failed multiple times, and generally not even then. Key Examples Keynesian stimulus Monetary stimulus Price controls Wage controls Interest rate controls Tax hikes of all sorts Tariffs Abenomics That list just scratches the surf
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Tom Spencer
FEBRUARY 19, 2014
'But mostly give. You are probably familiar with “gains from trade” The notion that society is based on give and take. You help me, I reciprocate, and together we benefit. The idea is a powerful one and forms the basis of the free market economy. The invisible hand of market forces, as Adam Smith put it, enables market participants to work for their own benefit, and make society better off in the process.
Management Consulting Connection brings together the best content for management consulting professionals from the widest variety of industry thought leaders.
Women in Consulting
FEBRUARY 18, 2014
'By: Deborah Siegle Concluding my posts on Bobbie LaPorte’s talk on how to achieve a high quality work and personal life , her fifth Key to Success, resiliency. Surprises are the new normal. Be prepared for setbacks! They’ll happen. Don’t let them defeat you. Are you prepared to bounce back? How do you set yourself up to bounce back? How do you deal with setbacks and challenges?
MishTalk
FEBRUARY 16, 2014
'Price of many goods in Argentina soared in the past two weeks. US brands are at the forefront of the action. Via translation from Lanacion , In two weeks, Warehouse Prices Rose 30% , with mayonnaise, cookies, and coffee leading the way. Officially, prices are up 3%.3. In realty, prices are up 30%. According to official data, the price of food and beverages was up 3.3%.
Tom Spencer
FEBRUARY 15, 2014
'Consultants can provide genuine expertise, tested methodologies, and quality resources on a variable cost basis. In the previous post, we highlighted 6 reasons why executives hire management consulting firms. On reflection, we may have implied that there are only 6 reasons when in reality there are many. Our friend Tim Jeffries , experienced Sydney based management consultant, sent us 3 more reasons why executives hire consultants.
Strategy+Business
FEBRUARY 16, 2014
'Thought leader Rita Gunther McGrath, author of The End of Competitive Advantage , describes the ramifications of transient competitive advantage on corporate strategy and organizational structure.
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Chad Barr
FEBRUARY 17, 2014
Find opportunities to work on your business rather than in your business. Change your mindset from a business operator to a business owner. Delegate all that’s possible with clear outcomes and consequences. Constantly create new products and services for your clients. Bring in other rainmakers. Stop using others’ intellectual property (IP) and keep developing your own unique IP.
MishTalk
FEBRUARY 21, 2014
'Today the Fed released minutes of meetings at the start and during the great financial crisis. These minutes show how clueless the Fed Governors were at the start of the recession. Here is a list of FOMC Transcripts and Other Historical Materials, 2008 Notes I purposely cherry picked statements of various Fed governors. There was much more gloom in the early minutes than I show below.
Tom Spencer
FEBRUARY 16, 2014
'The deal will almost certainly result in post-merger headaches . As we learnt at the end of October last year, PwC and Booz & Co are planning to merge. PwC Chairman Dennis Nally and Booz CEO Cesare Mainardi were very upbeat about the proposed deal. Nally stating that the merger will strengthen the scope and quality of PwC’s service offering. Mainardi, even more effusive, stated that the merger will “help reinvent management consulting for the next century.”.
Gina Abudi
FEBRUARY 19, 2014
'A new supervisor’s first day on the job can be a stressful one. It may be that the supervisor was recently promoted and is now managing the work of individuals with whom she was a peer. Or, it may be a newly hired supervisor in the organization starting on day one not knowing anyone in [.].
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Chad Barr
FEBRUARY 16, 2014
I am excited to share the launch and web presence of Jared Nichols , Principal of The Jared Nichols Group. As a futurist, he helps leaders and organizations gain competitive advantage, seize new market opportunities, drive in new revenues, and increase profits. Jared is one of the few people in the world to hold a Masters Degree in Strategic Foresight and is sought out by leaders to help them identify and create their long-term successful future.
MishTalk
FEBRUARY 18, 2014
'Given stagnant wages and higher taxes, the only way households can increase spending is to go further into debt. The New York Fed quarterly report on Household Debt and Credit shows that is what happened. Aggregate consumer debt increased in the fourth quarter by $241 billion, the largest quarter to quarter increase seen since the third quarter of 2007.
Seth Godin Blog
FEBRUARY 16, 2014
'(You might be as well). The market isn''t always right. It''s merely the market. Mass appeal is not always better than doing something that matters. Increasing shareholder value is not the primary purpose of a corporation. News with a lot of clicks isn''t always important news. Selling out to get popular is selling yourself short. Lowering the price at the expense of sustainability is a fool''s game.
Strategy+Business
FEBRUARY 19, 2014
'After reading the International Handbook on the Economics of Mega Sporting Events, it''s hard to see how Russia will benefit from hosting the Winter Olympics.
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.
Chad Barr
FEBRUARY 19, 2014
Raising the Barr is a weekly memo, which is always pithy, powerful and succinct. It focuses on innovative ideas by maximizing your life and business while leveraging strategy, content, technology and the web, to help you transform the success. I am excited to share with you that we are getting ready to launch our brand new web presence project for The Chad Barr Group.
MishTalk
FEBRUARY 18, 2014
'I am not sure if any Mish readers have savings bonds, but undoubtedly some friends of Mish readers do. For those who do, here is a public service announcement: Nearly 47 Million U.S. Savings Bonds Worth Approximately $16 Billion No Longer Earn Any Interest Nearly 47 million U.S. Savings Bonds worth approximately $16 billion have reached final maturity and are no longer earning any interest.
Seth Godin Blog
FEBRUARY 21, 2014
'The problem with taking offense is that it''s really hard to figure out what to do with it after you''re done using it. Better to just leave it on the table and walk away. Umbrage untaken quietly disappears.
Strategy+Business
FEBRUARY 18, 2014
'What do great leaders and great athletes have in common? They both work really hard to be the best.
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Gina Abudi
FEBRUARY 20, 2014
'A mini case study Consider this story: Jack manages a staff of 4 people in the accounts payable department of an IT company. The group has been working together for at least 8 years. In the last 4 months Jack has noticed that Sam has been really negative. At first, no one seemed to notice [.].
MishTalk
FEBRUARY 15, 2014
'In yet another episode of truth is stranger than fiction, via translation from El Economista , I present " Venezuela President Calls for Protest March Against Fascism " The president of Venezuela, Nicolas Maduro, has again invited his people to take to the streets Saturday in a march "for peace and against fascism." Mature blames his opponents for violence in recent demonstrations, in which there were three deaths last Wednesday.
Seth Godin Blog
FEBRUARY 19, 2014
'I''ll confess that I don''t watch the Olympics, but you''d have to be living under a rock to be unaware of the corruption and the expense. An organization with no transparency, huge amounts of politics and a great deal of unearned power. I wonder what it would take to create an alternative? Ford, Nike and Netflix each put up a few hundred million dollars.
Strategy+Business
FEBRUARY 18, 2014
'Rita Gunther McGrath outlines the hot-button issues that companies are facing in 2014. For more related insights, read " The Thought Leader Interview: Rita Gunther McGrath.
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