David A Fields
JUNE 28, 2015
A consultant asked me the following question: While I like your recommendations on regular outreach by phone, how do you keep that everyday discipline working if you have a very time-consuming engagement? What if you have to be on a client site for days at a time? Do you sneak to the parking lot and have a scratchy cell phone conversation with somebody who barely knows you?
The Clever Consultant
JULY 3, 2015
Cost Per Hire (CPH) is one of the most common HR metrics used to measure recruiting effectiveness. That’s because it’s insanely simple to calculate – just add up your total recruiting costs and divide them by number of new hires for a given period. CPH shouldn’t be used in a vacuum, though, as it doesn’t […].
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Tom Spencer
JUNE 30, 2015
(Source: Flickr ). The second stage of a consulting case question, after setting it up, is to solve the problem. Here are six (6) tips for successfully tackling a case question: Find the source of the problem – You might get asked a question such as “Profits have declined, what should we do?” Before diving head long into an analysis of the company’s revenue and cost drivers, try to better understand the source of the problem.
MishTalk
JULY 3, 2015
30% Bail-In Haircuts Coming Up I warned countless times over the last six months that Greek citizens need to pull their deposits before it was too late. Today I report it's too late. 30% bail-in haircuts on Greek bank deposits are coming up. Banks to Raid Deposits to Avert Collapse The Financial Times reports Greek Banks Prepare Plan to Raid Deposits to Avert Collapse Greek banks are preparing contingency plans for a possible “bail-in” of depositors amid fears the country is heading for financia
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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.
Gina Abudi
JULY 1, 2015
Creative thinking skills enables us to break from the status quo and push for innovation. Creative thinking challenges assumptions which enables for organizational progress, enables for better solutions to complex problems, and for continuous improvement in the business. Creative thinking can be learned! Sometimes we just have to break away from our normal routine to [.].
Management Consulting Connection brings together the best content for management consulting professionals from the widest variety of industry thought leaders.
Tom Spencer
JUNE 29, 2015
(Source: Flickr ). When it comes to answering a consulting case question, there are three stages to the answer: setting it up, solving it, and providing a recommendation. The first stage is setting it up, and below we provide five (5) steps to setting up a case question: 1. Summarize the question. Give yourself time to think by writing down the question and considering the key facts.
MishTalk
JULY 2, 2015
Improper training of a Taiwan pilot took the lives of 43 people in February. In a report just released, the pilot's last recorded words were " wow, pulled back the wrong side throttle ". Please consider TransAsia Crash Pilot Pulled Wrong Throttle, Shut Down Sole Working Engine. The captain of a TransAsia Airways ATR mistakenly switched off the plane’s only working engine seconds before it crashed in February, killing 43 people, Taiwan’s Aviation Safety Council (ASC) said in its latest report on
Melissa Agnes
JUNE 28, 2015
Welcome to episode #054 of The Crisis Intelligence Podcast, with Melissa Agnes and Claudia Liute. Claudia is a humanitarian who works on the ground in some very hostile and conflicted crisis-affected communities. In her experience, one of the things she sees far too often is people rushing in with the best of intentions for helping, but too often forgetting to first take the time to speak with the communities to get their take on things, their needs and preferred means of communication.
Kates Kesler
JULY 2, 2015
The economic recovery of 2010-2015 has triggered a number of high-profile mergers, but even more break-ups and spin-offs among large global companies, particularly those based in the US. Between 2012 and 2014 alone, Kraft, Royal Dutch Philips, Hewlett Packard, Ingersoll Rand, ConocoPhillips, Darden, and E-Bay agreed to split off substantial portions of their business in response to a groundswell of hostility toward underperforming diversified companies.
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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
Tom Spencer
JUNE 28, 2015
I recently had the good fortune to talk briefly with Adam Fraser who is a Business Analyst at Cartesian. Cartesian is a specialist provider of consulting services and managed solutions to leaders in the global communications, technology and digital media industries. Please read the edited transcript of my discussion with Adam below. This will be of particular interest for students and recent graduates who have an interest in the telecoms sector.
MishTalk
JULY 2, 2015
Initial Reaction Today's job report (for June) once again showed a huge divergence between the household survey and the establishment survey. Household survey employment fell by 56,000 while the establishment survey shows a gain of 233,000 jobs. The labor force declined by 432,000 and that explains the drop in the unemployment rate to 5.3% from 5.5%.
Strategy+Business
JUNE 29, 2015
Since its introduction in 2008, bitcoin has enjoyed a rapid and tumultuous rise. In his new book, Nathaniel Popper looks into whether the digital currency is built to last.
Gina Abudi
JULY 2, 2015
Or, do you just think you are? Let me share a client story. A long-term client who usually brings me in to lead training sessions with employees mentioned to me over lunch one day that the organization was in the early stages of a large change initiative and they were having some problems. She wanted [.]. The post Leading Change: Are You Really Engaging Employees – Part 1 of 3 appeared first on Gina Abudi.
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Tom Spencer
JUNE 27, 2015
Often we can be scared to open our mouths and say something. Expressions like “empty vessels make the most noise” and a pervasive social fear of rejection can make it difficult to open up. Why is this the case? Schools, universities and families typically work best when there is an open flow of communication. But on a day to day basis, and in the workplace, it can often seem best to say as little as possible.
MishTalk
JUNE 29, 2015
Irony of the Day In a bitter 40 minute lecture, European Commission president, Jean-Claude Juncker, lectures Greece on the "truth". Other than being a pompous buffoon, Jean-Claude Juncker is most famous for his statement " When it becomes serious, you have to lie ". I believe it's safe to say that things are serious. Coordinated Meddling Please consider Eurozone Leaders Take Coordinated Gamble with Response to Athens By publicly insisting that Greece’s referendum on Sunday is a choice about the
Strategy+Business
JUNE 30, 2015
Although supervisors profess to have stores' closing routines under control, consumers and employees alike bemoan the lack of consistency in related management policies.
Martinka Consulting
JULY 2, 2015
In my world of small business buy-sell there are almost as many ways to inflate a business’s income as there are on Wall Street. Rarely is anything straightforward. The most common technique is to adjust profit and call it “Seller Discretionary Income.” What this means is the owner’s salary, medical insurance, cell phone, car, travel, and more are added to profit because these items are “discretionary” not necessary.
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
JULY 2, 2015
(Source: Flickr ). Below we provide a selection of sample consulting case questions. The questions are broken down into seven (7) question types to make them easier to digest. 1. Declining Profitability. Our client is eBay. Its share price fell from $310 to $200 per share on reports of declining profits. What’s going on and how can we turn this around?
MishTalk
JUNE 30, 2015
Puerto Rico is bankrupt. The key problem is that while municipalities can declare bankruptcy, states and territories cannot. President Obama recognizes the problem. He says No Federal Bailout for Puerto Rico. Instead he urges Congress to pass a bill allowing Puerto Rico to declare bankruptcy. The White House threw cold water Monday on the notion of bailing out Puerto Rico from its financial crisis, instead urging Congress to consider changing the law so the island can declare bankruptcy.
Seth Godin Blog
JUNE 28, 2015
I started the quiz team at my high school. Alas, I didn't do so well at the tryouts, so I ended up as the coach, but we still made it to the finals. It took me thirty years to figure out the secret of getting in ahead of the others who also knew the answer (because the right answer is no good if someone else gets the buzz): You need to press the buzzer before you know the answer.
Gina Abudi
JUNE 30, 2015
There are two distinct thoughts on what makes for a “best team.” For some leaders, the “best team” are comprised of those individuals who challenge assumptions and are continuously looking to improve. They are engaged and committed to the organization’s success. For other leaders, however, the “best team” are those who follow along and simply [.].
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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
Tom Spencer
JULY 1, 2015
(Source: Flickr ). At the end of a case question it is important to provide a summary of the problem and a set of actionable recommendations that answer the question. Recommendations should be justified with the key findings that you had been noting down as you progressed through the case. For example, you might say something like “the company is trying to decide whether to enter the Canadian market.
MishTalk
JULY 3, 2015
Greece Roundup A "yes" vote in favor of servitude has now reached a slight majority according to some Greece referendum polls. How accurate the polls are is an issue. Yanis Varoufakis, Greece’s finance minister, said he would resign if Greeks voted Yes in Sunday’s referendum on the country’s bailout. "I will not sign another extend and pretend agreement", said Varoufakis.
Seth Godin Blog
JUNE 29, 2015
We can choose to define ourselves (our smarts, our brand, our character) on who rejects us. Or we can choose to focus on those that care enough to think we matter. Carrying around a list of everyone who thinks you're not good enough is exhausting.
freshminds
JUNE 30, 2015
To help your work go a little faster, there are lots of Powerpoint and Excel templates available online. Many of these are business and management specific with good, clear and professional looking designs - so why spend ages trying to align all the text boxes on a presentation or worry about the functions and formatting in a spreadsheet? The basics are already out there to build from!
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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.
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