Sat.Sep 17, 2016 - Fri.Sep 23, 2016

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Lowering Quality Can Yield Better Consulting. Here’s Why

David A Fields

A couple of important distinctions will help consultants like you create better client results and win more business by, ironically, lowering the quality bar on your work. Last week’s article talked about perfectionism being a form of procrastination, and the importance of focusing on big wins while inuring yourself to little losses. (Last week’s article also referenced dinosaurs… as any good consulting blog should.

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5 Universal Qualities of a Winning Management Consulting Resume

Management Consulted

Your resume, simply put, is the platform through which your story is told. Based on our years of experience editing consulting resumes, we’ve identified the 5 universal qualities of a winning management consulting resume. These qualities will help a reviewer see how you can significantly add value to their team and firm. When writing your resume, remember one thing: to look through the eyes of a management consultant.

Resumes 186
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Digital or Die: The Choice for Luxury Brands

BCG

Focus Thursday, September 22, 2016. It may not be widely recognized as such just yet, but digital technology is probably one of the best things to happen to luxury brands in a long time. Digital is happening fast and forcefully, whether brands are ready for it or not. It enables new products and services. It opens up opportunities to create personalized offers and provide bespoke services to many more customers.

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Levered Monkeys

Tom Spencer

As Oxford’s poet-philosopher Ludovic Phalippou once put it, “we are all just levered monkeys!” What did Phalippou mean by this comment? Well, as I explained to my corporate finance students this week, the use of debt by companies is called “financial leverage” That is, debt acts like a lever which can magnify the size of both gains and losses.

ROI 75
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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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How to Balance Timeliness and Accuracy in Your Crisis Response

Melissa Agnes

When it comes to crisis communication, timeliness is important. But so is accuracy. This is a lesson that Samsung has been learning the hard way while managing their Galaxy Note 7 crisis. What did Samsung do wrong? They gave too much information too soon at the onset of the crisis. As a result, they’ve frustrated customers, regulators and have had to make an embarrassing amount of retractions.

How To 78

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Ralph Hamers on Disrupting the Banking Industry

BCG

Video Tuesday, September 20, 2016. Founded in 1991, ING is a global financial services company with more than 52,000 employees in over 40 countries. The bank’s stated purpose: “Empowering people to stay a step ahead in life and in business.” To this end, ING aims to simplify the banking experience, making its services fast, easy, and accessible. R.A.J.G.

Banking 87
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Is Deutsche Bank Cooking its Derivatives Book to Hide Huge Losses?

MishTalk

Deutsche Bank’s notional derivatives book had huge swings in notional value between its year-end 2014 report and its “passion to … Continue reading →

Banking 56
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How to remember stories

Consultants' Consultant

Consultants Consultant: This delicious story from Shawn Callahan at Anecdote illustrates how to remember great stories. By telling a great story! Go check it out. The post How to remember stories appeared first on Consultants' Consultant.

How To 49
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Ryan Avent Explains How We Can Build the Wealth of Humans

Strategy+Business

As machines grow smarter and capture more of the value associated with work, how will people continue to keep busy and thrive?

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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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Future of Television: The Impact of OTT on Video Production Around the World

BCG

Report Tuesday, September 20, 2016. OTT encompasses the distribution of video content “over the top” of traditional distribution technologies. At the most basic level, OTT is simply a technology alternative that allows for the replication of the traditional home entertainment “stack” of consumer value propositions in a digital context. In technology terms, OTT is the delivery of video content through fixed or mobile broadband internet connections instead of over the broadcast TV spectrum or dedi

Video 86
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Chicago’s Plight: Why Do Blacks Perpetually Vote for Politicians Who Make Their Lives Worse?

MishTalk

Chicago suffered through its worst summer of violence in decades. In August, over 400 people were shot and 80 killed.

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The Difference Between Good Leaders and Great Ones

Harvard Business

The world tends toward continuums. We order everything from temperature (cold to hot, with tepid in the middle) to wealth (poor to comfortable to rich). Continuity along a linear line, like the inexorable laws of hydrodynamics, helps to capture and comprehend the complexities of science and society, and offers the promise of progress and growth. It’s tempting to think leadership also follows a continuum, one anchored by bad and great, with good somewhere in between.

Ethics 44
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How Well Do You Know the Story of You?

Strategy+Business

The essence of who you are as a leader is made up of both successes and setbacks.

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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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Why Should Boards Care About Cyberresilience?

BCG

Interview Wednesday, September 21, 2016. The World Economic Forum interviewed board members from a variety of multinational corporations and discovered that cyberrisk has made a drastic climb to the top of leaders’ agendas and claims significant board attention today. Another analysis by the Forum confirms the necessity of this attention, estimating that cyberattacks cost the global economy $445 billion —far more than most countries’ GDP.

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Email From Germany: Reader Comments on CDU’s “Worst” Ever” Result in Berlin

MishTalk

The rout of German chancellor Angela Merkel’s CDU party in Berlin election on Sunday was a bit more than polls … Continue reading →

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We Need a Better Way to Visualize People’s Skills

Harvard Business

By 2020, the US economy is expected to create 55 million job openings: 24 million of these will be entirely new positions. And 48 percent of the new jobs, according to Georgetown’s Center on Education and the Workforce, will emphasize a mix of hard and soft intellectual skills, like active listening, leadership, communication, analytics, and administration competencies.

Talent 44
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Widespread confusion about what it takes to be strong

Seth Godin Blog

Sometimes we confuse strength with: Loudness. Brusqueness. An inability to listen. A resistance to seeing the world as it is. An unwillingness to compromise small things to accomplish big ones. Fast talking. Bullying. External unflappability. Callousness. Lying. Policies instead of judgment.and being a jerk. Well, once you put it that way, it's pretty clear that none of these things are actually signs of strength.

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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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Employee Engagement Isn't a Sprint; It's a Marathon

1 to 1

Peter F. Drucker said, “Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you've got." The results of a recent study on change initiatives echo Drucker’s statement. “Business Change: From Disruptor to Differentiator,” from Harvard Business Review and Strativity Group, reveals that most organizations struggle with change with an astounding 91 percent saying change initiatives have failed in their organizations in the past.

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DOT Embraces Self Driving Vehicles: “Rise of New Technology is Inevitable, Unknowns Today Become Knowns Tomorrow”

MishTalk

Today the US Department of Transportation (DOT) and the National Highway Traffic Safety Administration (NHTSA) issued their long-awaited report on … Continue reading →

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How to Give Feedback to People Who Cry, Yell, or Get Defensive

Harvard Business

There’s no denying that performance review season can be a headache for managers. The process of writing reviews and delivering feedback takes a lot of time (especially if you do it thoughtfully) and can be particularly anxiety provoking if you have someone on your team who tends to have a difficult or negative emotional reaction to feedback. So how do you get ready to give feedback to someone who might cry, yell, or get defensive?

How To 44
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Skills vs. talents

Seth Godin Blog

If you can learn it, it's a skill. If it's important, but innate, it's a talent. The thing is, almost everything that matters is a skill. If even one person is able to learn it, if even one person is able to use effort and training to get good at something, it's a skill. It's entirely possible that some skills are easier for talented people to learn.

Talent 43
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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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Discomfort then solution

Consultants' Consultant

Consultants Consultant: In an age of quick knowledge dumps, when you present you want to make an impact. You want to the audience to feel that you understand them, that you get their pain… and then give a solution. Read this HBR article about why. The post Discomfort then solution appeared first on Consultants' Consultant.

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Over 300,000 Germans Protest EU Trade Deals With US and Canada

MishTalk

Hundreds of thousands of German citizens have taken to the streets in a massive protest against the proposed EU trade … Continue reading →

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Diverse Teams Feel Less Comfortable — and That’s Why They Perform Better

Harvard Business

In numerous studies , diversity — both inherent (e.g., race, gender) and acquired (experience, cultural background) — is associated with business success. For example, a 2009 analysis of 506 companies found that firms with more racial or gender diversity had more sales revenue, more customers, and greater profits. A 2016 analysis of more than 20,000 firms in 91 countries found that companies with more female executives were more profitable.

Study 44
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Who Says You’re a Leader?

Leadership Planning with Liz Weber CMC

I’ve had three conversations within the past week with managers from three separate organizations. Each one has asked for guidance or simply an ear so they could vent. Each manager is frustrated by a ‘leader’ who can’t lead. Each is frustrated by a leader who believes she or he is actually a really good leader because of their academic training, their professional work history, or, the one that I find really amusing, because the leader has written articles on leadership!

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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.