Sat.Jan 07, 2017 - Fri.Jan 13, 2017

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2017 Management Consulting Salaries for Undergraduates, MBAs/Grads, & Interns

Management Consulted

Welcome to 2017! This year promises the first total solar eclipse of the 21st century, the 2017 World Expo, and the French and German elections—fingers crossed these will not cause the pandemoniums of Brexit and the indelible 2016 US election. The field of management consulting also continues to have its fair share of excitement. This past year, many top consulting firms experienced revenue growth of 7-13%.

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Two Case Studies in Winning Consulting Business. Connect the Dots.

David A Fields

Two case studies reported to me by consultants in the past couple of weeks: Rich, in South Carolina, nabbed a $64,000 project from a state agency. To win the project, he submitted a proposal that was easily accepted because he was the only consultant bidding.

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One Easy Step to a Polished Professional Image

Successful Independent Consulting

When you're a self-employed management consultant, conveying a professional image is critical to maximizing pay and profit. Consultants who present a professional image as a stand-alone business can charge more for their services. It’s all about perception. If you look like you are doing consulting on the side or between jobs, clients won’t take you as seriously as someone who is a dedicated professional.

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The Most Innovative Companies: An Interactive Guide

BCG

Interactive Thursday, January 12, 2017. This interactive guide shows the changes to The Boston Consulting Group’s list of the most innovative companies. In the Stories tab, explore four categories of change in the list over time: * Steady Innovators. Companies on the list every year from 2005 through 2016. * Movers. Companies that advanced ten or more positions from 2015 through 2016. * New Entrants.

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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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The Far Reaching Impact of Blockchain

Tom Spencer

This is a guest post from Marguerite Arnold. Blockchain , the underlying technology used by Bitcoin , has implications that reach far beyond the financial services community and banks. This is where new development and implementation may have focussed so far. However, as the technology and its implications become better understood, it will rapidly expand to new industries and verticals.

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What’s On Our Mind?

Chad Barr

You would probably agree with the statement that we are what we think about or the thoughts we allow into our minds. Here are the thoughts and insights that occupy my mind: If being world-class level was easy, everyone would then be doing it. The three initiatives you are working on right now to create world-class results are… The best in the world set no more than three major initiatives and devote their entire uninterrupted energy to executing and completing them before committing to new

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Innovation in 2016

BCG

Article Thursday, January 12, 2017. This article is an excerpt from The Most Innovative Companies 2016: Getting Past “Not Invented Here,” (BCG report, January 2017). Even a quick scan of BCG’s 2016 list of the 50 most innovative companies highlights the impact of the digital revolution. Long-standing tech giants hold down the top places once again, new digital disruptors such as Uber and Airbnb have joined the list, and the expanding role of digital innovation is readily apparent in the presen

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Hitting the High Ground in 2017

Women in Consulting

By: Linda Popky. :: As women business owners, many of us were eagerly looking forward to seeing our country’s first woman president elected in November. Unfortunately, as we all know, that didn’t happen. The aftermath of Donald Trump’s victory has been a country deeply divided, with anger and aggression erupting on both sides. Regardless of which candidate you supported, you’ll need to deal with a changed business climate in 2017.

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The Serious Business of Sandboxes

Strategy+Business

As the pace of digital disruption accelerates, corporate leaders are seeking creative ideas to solve new problems. But large, complex, multinational organizations are often much better at stifling creativity than fostering it. That's why companies should create "sandboxes" -- communal offices spaces, virtual meetings, and other collaborative environments that eliminate organizational silos, encourage collaboration and allow workers to remove personal blinders and see how their colleagues work in

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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 Downsides of Being Very Emotionally Intelligent

Harvard Business

Gemma is extremely caring and sensitive. She pays a great deal of attention to others’ emotions and is kind and considerate. Gemma is also quite optimistic. She is usually upbeat and remains positive even in the face of bad news. Her colleagues love working with her because they see her as a beacon of calm. No matter how much stress and pressure there is at work, Gemma is enthusiastic and never loses her cool.

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Building a Cyberresilient Organization

BCG

Article Monday, January 09, 2017. Despite steadily mounting evidence to the contrary, many executives seem to imagine that, in the realm of cybersecurity, a robust defense is all their company needs. But those executives may experience a rude awakening. No defense, no matter how well constructed and main­tained, is 100% impenetrable. Computer systems are subject to compromise.

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Financial Times Editorial Seeks Restrictions On Free Speech to Stop False News “Propaganda War”

MishTalk

A pair of articles by the Financial Times offers quite the take on disinformation hypocrisy. I suggest the Financial Times look into the mirror if it wants to understand where the problem is. Worse yet, to stop the spread of fake news, the FT editorial board wants restrictions on freedom of speech. (more…).

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Improv and Business

Consultants' Consultant

Consultants Consultant: Improvising teaches you to listen, to build on others’ ideas. To notice the unspoken and bring it to light. To break the routine and value the input of others. Here are some lessons from improvising from Forbes and the Dean of the Management School at Boston College. And a reasoned argument from Eran Thomson about […].

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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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Is there a place for creative/artistic people in management consulting?

Killer Consultant

This post is based on an answer I gave on quora.com , the original question was: Is there a place for artistic/creative/free-spirited people within management consultancies (marketing) or are they still dry/formal/corporate? Here goes: The answer is yes – with lots of “but’s”… and yes. As the question contains quite a lot, let me pick it apart.

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Casting a Wide Innovation Net

BCG

Article Thursday, January 12, 2017. This article is an excerpt from The Most Innovative Companies 2016: Getting Past “Not Invented Here,” (BCG report, January 2017). A few years ago, Brooks Automation, a leading supplier of equipment and components to the semiconductor industry, was seeking new revenue streams. Cyclicality and slowing growth prompted the company to look outside its core business.

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Secular Stagnation Theory: Challenge to DeLong, Summers, Bernanke, Krugman, Keen, Pettis

MishTalk

Some interesting charts came my way today regarding the income inequality debate. Let’s start with some charts, then explore the meme of the day that rising income inequality is behind “secular stagnation” I challenge economists Brad DeLong, Larry Summers, Ben Bernanke, Paul Krugman, Steve Keen, Michael Pettis (and anyone else), to respond to this post.

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Change Management Series: Plan to Succeed!

Clarity Consultants

Change management is the art and science of managing the transformation and development that is inherent to business processes. It requires the controlled identification and implementation of necessary adjustments, such as succession, staffing, business strategy, and so on. In this series on how you can improve your change management processes, there will be helpful content and advice which can help you differentiate your company from the competition and set strategic goals that lead to long ter

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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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Charge Against Volkswagen Executives Can Impact Your Leadership Team In Times Of Crisis

Melissa Agnes

What does the criminal charge against Volkswagen’s former executives mean for your leadership team? A lot, potentially. In fact, there’s a major crisis preparedness lesson that all leaders should take away from this indictment. I go into detail in this week’s #crisisready video. Take a look: Have more to add to this story? Comment below or use the hashtag #crisisready on Twitter and let’s continue this conversation.

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Bringing Outside Innovation Inside

BCG

Article Thursday, January 12, 2017. This article is an excerpt from The Most Innovative Companies 2016: Getting Past “Not Invented Here,” (BCG report, January 2017). “No matter who you are, most of the smartest people work for someone else,” Sun Microsystems cofounder Bill Joy observed more than a quarter century ago. Since so much of innovation today is rooted in technology, especially digital technology, Joy’s Law presents companies with a double-barreled conundrum.

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It Pays to Get to Know Your Superconsumers

Strategy+Business

In Superconsumers, Eddie Yoon introduces us to customers who are obsessed with products; they don't just provide valuable insight, they are also conduits to new markets.

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Living Wage Idiocy and Free Money Experiments

MishTalk

“Free Money” experiments are underway in several places: Canada, California, and Finland. “Living wage” advocates are elated. (more…).

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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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True Leaders Believe Dissent Is an Obligation

Harvard Business

These are head-spinning times for those of us who think about the best ways to lead and the most effective ways to compete. What defines acceptable personal behavior (let alone behavior worth emulating) among public officials? Why would executives at so many iconic organizations — Volkswagen, Wells Fargo, FIFA — tolerate behavior so egregious that it threatens the very future of their organizations?

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Honing US Manufacturing’s Competitive Edge

BCG

Article Wednesday, January 11, 2017. Judging from the recent political furor over US factory jobs going to Mexico, one might get the impression that the US is facing another exodus of manufacturers. In fact, the opposite is true. Offshoring has dropped dramatically, particularly with regard to the world’s biggest workshop: China. True, we still read about companies relocating some of their manufacturing to China to gain greater access to that nation’s immense domestic market.

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Showing vs. telling

Seth Godin Blog

All the promises, explanations and asides in the world pale in comparison with what you do. Too often, we forget that jargon and narrative exist to help shape our actions, not to replace them. Words keep getting cheaper, which makes action more valuable than ever.

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Google’s Self-Driving Minivans Arrive This Month

MishTalk

It’s been such a hoot reading comments from people telling me that self-driving vehicles are decades away if ever. The nay-sayers have been proven laughably wrong given Google’s New Self-Driving Minivans Will Hit the Road by the End of January 2017. (more…).

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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.