Successful Independent Consulting

JANUARY 20, 2017

My company represents self-employed professionals across the country, and over the last seven years I have interviewed, coached, or worked with more than 200 independent management consultants. Let’s look at some examples. Translation: change management for IT projects. Translation: turnaround expert. Who was the client?

Consulting 150

Consulting Turnaround Exercises Technology Implementation 150

PM Alliance

JANUARY 27, 2023

Ensuring that technology resources are on hand during desk relocations can help address any glitches, particularly when checkerboard moves mean tight turnaround times. Building configurations play a role, with fixed elements—restrooms and hallways, for example—dictating where furniture can be placed.

Wireless 72

Wireless Turnaround Exercises Resources 72

Tom Spencer

JULY 13, 2019

These firms also use a generalist model, meaning that consultants tend not to develop a specialization until they become managers. Industry verticals are centered around specific industries, for example telecom and media, healthcare, industrial and consumer goods, or financial services. Specialised Consulting. Final Thoughts.

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Consulting Turnaround Healthcare Deloitte 60

Asamby Consulting

JANUARY 4, 2023

Modern cashflow management tools make this exercise easy. If you can balance these two things, for example in your lead generation, you will be having a great year. Benefits include a favorable cost structure, easier access to talent and potentially quicker turnaround / longer coverage of business hours (e.g.,

Small Business 52

Small Business Cash Flow Trends Turnaround 52

The Consultants Peer Group

APRIL 3, 2023

It doesn’t matter if the employer is the CEO, a manager, or a supervisor. For example, “I can have this back to you on Wednesday.” You do it when it’s right as a leader to do it, not as a manager. Or, if you’re moving from a manager to a leader, take your time and see what you need to ask those tough questions.

Turnaround 52

Turnaround Fashion Meeting Energy 52

Tom Spencer

DECEMBER 2, 2017

Consultants can provide management with the expertise needed to address specific business problems. For example, a company that needs to update its computer systems might seek advice from IT consultants. Turnarounds. Consultants can assist management by providing independent advice. Expert Knowledge. Independent Advice.

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Consulting McKinsey Turnaround Information Technology 68

Jerry Fletcher

MARCH 27, 2021

For instance, the interviewer in a pod cast asks how you accomplished a turnaround for a client or what process was used to save multiple clients. That’s why the Institute of Management Consultants (IMC) has a 15 point code of ethics. Ego boosting events These can take on many guises. You overlook confidentiality because it feels good.

Marketing 75

Marketing Consulting Ethics Case Interview 75

Progressus

NOVEMBER 10, 2023

For example, if your CSF is improving service quality, you might use KPIs like average resolution time, first-time fix rate, or customer satisfaction scores to understand how you’re performing in this area. Many pro services firms still use fragmented systems or analog methods like spreadsheets to manage projects.

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Agile Tools Data Talent 52

Markovitz Consulting

JULY 11, 2017

He describes his “shock and awe” approach (my terminology) in his excellent book The Lean Turnaround , where he takes the company through several week-long kaizen events. For example, he had one patient begin an exercise program by simply marching in place for one minute in front of the television. then two minutes, then three, etc.

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Turnaround Fashion Exercises Training 100

Harvard Business

AUGUST 16, 2018

Consider the example of Nicolas, a regional sales vice president at a medical devices company. When promoted to his new role, he inherited a group of district sales managers responsible for selling to hospital systems in their respective geographies. The result: wasted time and unnecessary frustration. SOURCE Michael Watkins. ©

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Turnaround Talent Groups Meeting 31

Peter Stark

JUNE 9, 2020

Leaders and managers are one in the same, ie, managers are leaders and leaders are managers. Although the goal of a manager is to be the leader, in reality, we work with some managers who only have the power of their title. Managers do things right but leaders do the right things. People choose their leader.

Leadership 52

Leadership Turnaround Management Company 52

CaseInterview.com

MARCH 26, 2019

It is an approach I developed that is tailored for answering these questions in job interviews for management consulting, as well as interviews for senior executive positions in industry. Let me provide two examples so you can see the PARADE Method in action. The servers we wanted had a two-week turnaround time. E nd-Result.

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Case Interview Interviews Resumes Retail 81

Rod Burkert

NOVEMBER 12, 2019

They gushed about the quality of the work, the quick turnaround, and of course, the extraordinary pricing. I remember an outsourcing discussion that caused quite a ruckus in a LinkedIn group that I managed. More than a few colleagues told me (privately) about how they were outsourcing work to places like India and the Philippines.

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Intellectual Property Turnaround Trends Conference 40

Harvard Business

NOVEMBER 30, 2018

Examples of great from/to statements include: From an individual contributor who adds value through technical expertise and closely follows others’ directions, to a people leader who creates a clear strategy and delivers results through a small team. The directness of those statements may surprise you. Ask for insights.

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Turnaround Interviews Development Management 28

freshminds

MARCH 5, 2018

Different industries need to test different skills and therefore depending on whether you’re applying to management consultancies, strategy consultancies or investment banking, your case study will be slightly different. Operational Cases: Operations Case, Increasing Sales, Reducing Costs, Improving the Bottom Line, Turnarounds.

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Case Study Case Studies Study Case Interview 53

Martinka Consulting

SEPTEMBER 24, 2015

The July 29, 2015 edition of the Wall Street Journal featured an article titled, “The Cost of Germany’s Graying Managers.” One example in the WSJ article was about Autohaus Ochs GmbH, a Volkswagen dealership. My final example (from the article) is about the Brockhaus Group. As dad coasted, competition raged.

Small Business 40

Small Business Turnaround Journal Sales 40

SkillQuo

AUGUST 16, 2017

These individuals range from executives with proven company records to interim managers, and these so called ‘supertemps’ have established their position as useful personnel. An example: IT. So, why has this phenomenon gripped the business world and are their proven benefits for businesses?

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SMB Enterprise Talent Efficiency 60

Peter Stark

OCTOBER 13, 2019

Of the many surveys our firm has conducted, we have learned that people may join an organizations,but they absolutely leave because of the relationship they have with their managers. For example, we recently interviewed an employee who described her work environment as toxic.

Survey 38

Survey Turnaround Leadership Interviews 38

Harvard Business

OCTOBER 17, 2016

In a PWC survey of more than 2,000 global executives, managers, and employees, only 54% of respondents said their change initiatives succeeded — and the most frequently cited problem (by 65% of those surveyed) was change fatigue. ” And she restored the company’s profitability — the turnaround was a success.

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Turnaround How To Survey Enterprise 28

ConsultX

AUGUST 10, 2021

A one-stop turnaround plan, Conquer the Chaos lays out a complete path to make your business run smoothly and provide you with the freedom you desire. Ries, coauthor of The 22 Immutable Laws of Marketing , gives clear examples from a variety of industries and demonstrates how crucial focus can be. Conquer the Chaos shows you how.

Consulting 52

Consulting Small Business Video Ethics 52

Harvard Business

JULY 2, 2018

Agile — the management approach that relies on small, entrepreneurial, close-to-the-customer teams — has a reputation that reflects its rapid adoption in software development. It is most definitely not for big, old-line companies that are facing an existential crisis and require a full-scale turnaround.

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Turnaround Agile Operations System 33

Harvard Business

DECEMBER 16, 2016

No one who listens to Alan Mulally describe Ford’s remarkable turnaround escapes his rendition of One Ford , One Team , and Working Together. Yes, “ leading by example ” is essential. She pushed product managers to present enhancements in UX, not just elevating customer satisfaction scores.

Enterprise 28

Enterprise Turnaround Leadership Examples 28

Harvard Business

JUNE 23, 2016

While the world of quarterly reports is the preserve of managers, the long term is the fiefdom of leaders. As managers deal with delivering short-term results to keep the stock price high and leaders evangelize on the long-term future of the organization, the medium term is all but forgotten. It is pleasingly limitless.

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Turnaround Report Company Construction 29

Harvard Business

NOVEMBER 24, 2017

Strategic stress is characterized by three zones, which executives must consider and effectively manage: Strategic Burnout (too much strategic stress). An example of strategic burnout can be found at Lego around 2004. An example of strategic boredom is illustrated in Clayton Christensen’s famous work on the disk-drive industry.

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Strategy Strategy Strategy& Turnaround 28

CaseInterview.com

MARCH 16, 2020

Fatality Rate % x # of Patients = Total # of Deaths Example 1: If 10% of people die x 100 patients = 10 deaths Example 2: If 1% of people die x 1 billion patients = 10 million deaths The key metric that is overlooked by a lot of people is how many patients there will be as the virus progresses. No big deal. you can’t breathe.

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Analysis Case Interview Interviews System 144

Harvard Business

NOVEMBER 22, 2016

An example is The North Face, which is experimenting with its Fluid Expert Personal Shopper tool, powered by IBM’s Watson, to provide customers with a more intuitive search experience through a natural language capability. Manage change. Assess readiness.

Insurance 28

Insurance Insurance Industry Turnaround 28

Harvard Business

MARCH 12, 2018

Volvo’s turnaround over the last decade offers a great example. For example, its members asked why every design change in a car required a dozen signatures and managed to cut that number in half. Developing what we call an “M&A strategy for talent” is one way to overcome this.

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Talent Engineering Case Interview Turnaround 28

Harvard Business

FEBRUARY 2, 2017

For example, when James Wolfensohn first became president of the World Bank, in 1995, he went on fact-finding trips to developing countries to understand the kinds of projects that the bank was doing. Several years ago, for example, I worked with a senior executive who was competing for the top job at his firm.

How To 28

How To Banking Turnaround Meeting 28

Harvard Business

MAY 25, 2016

By looking at detailed sales data from 40 companies in technology-related industries, we have identified guidelines for the optimal amount and type of sales support and management. This includes all non-quota-carrying roles in the organization: customer-facing support, sales operations and administration, and sales management.

Sales 32

Sales ROI Efficiency Operations 32

Harvard Business

MAY 30, 2016

When I was heading Organization and Management Development at Pepsi International, I would encourage our international executives to study local comedy shows. Managing Across Cultures. Let me give you an example. It can help you see the world as others see it. You and Your Team Series. Tomas Chamorro-Premuzic.

Culture 28

Culture Turnaround Interviews Hotels 28

Harvard Business

JANUARY 10, 2018

In my recent study of 5,000 managers and employees, published in my recent book , I found that the best performers are really good at generating rigorous discussions in team meetings. When I was teaching the American Express turnaround case at HBS, Harvey Golub, then the company’s CEO, came to class. Take the contrarian view.

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Meeting How To Study Turnaround 35

Harvard Business

JUNE 29, 2018

In the fall of 2017 under Flannery, MA&D unsurprisingly became GE’s turnaround strategy tool. Take, for example, News Corporation getting into the exciting internet space by buying MySpace, or Microsoft into smartphones with Nokia, or HP into software and services with Autonomy — all written off virtually in their entirety.

Company 30

Company Healthcare Turnaround Strategy 30

Harvard Business

MARCH 2, 2017

” The management literature is overflowing with advice on becoming the boss. With transparency in succession planning becoming a priority, career management for senior executives becomes easier. You can be stronger at one of them, but you need to know how to manage both.

How To 28

How To Culture Turnaround Talent 28

Harvard Business

OCTOBER 17, 2016

You accept your first job as a manager in a fast growth tech company, thinking: “How much different could this be from my former company—a financial services firm? Management is management, right?” How talent management is changing. A tenure of two years makes you an “old-timer.”

Talent 28

Talent Culture Turnaround Interviews 28

Harvard Business

MAY 4, 2016

Hiring managers will see what you have done — and can do for them. He’s building a bridge between challenges he’s met in the past and challenges the hiring manager is currently facing: “Build start-ups’ commercial infrastructures from the ground up—driving long-term growth and profitability.

Resumes 28

Resumes Interviews Cover Letters Recruiting 28

Harvard Business

OCTOBER 25, 2016

Disclosure: Although Avaya currently has no ties with Innovators International, my interest in Avaya’s remarkable turnaround was initially kindled by the dozens of conversations I had with many people at Avaya when the company was a partner with our organization.). Avaya embraced innovation as a risk management exercise.

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Methodologies Agile Metrics Exercises 28

Harvard Business

APRIL 26, 2016

I found that the companies that survive and thrive are good at aligning their organizations around three critical but competing activities : Box 1: Manage the present at peak efficiency and profitability. ” In his characteristic style, Welch blasted the Elfun Society at their leadership conference. .”

Company 28

Company Culture Turnaround Productivity 28