Tom Spencer

JANUARY 20, 2023

Without a doubt, a career in the management consulting industry comes with many short- and long-term benefits. This means that you’ll generally get to work with a new team, a new client, possibly in a new industry, on a new project type, every few months. You will be pushed to your limits and learn lots of new things every day.

Consulting 88

Consulting Boston Consulting Group Bain Banking 88

Tom Spencer

JULY 7, 2023

I was assigned to a typical strategy engagement – should client X selling product Y increase sales in market Z? Our hypothesis was that increased sales volume would be associated with increased profitability due to economies of scale. Most companies will have historical data pursuant to the recording protocols of their industry.

Data 78

Data Consulting Balance Sheet Analysis 78

LSA Global

AUGUST 28, 2019

Sales Training without Reinforcement Should Be Unacceptable. Based upon over 800 sales training measurement projects, we know that sales training by itself – even if it is highly customized – only changes the on-the-job behavior and performance of 1-in-5 sales reps. Sales training reinforcement.

Sales 28

Sales Training Training Methodologies 28

LSA Global

AUGUST 20, 2019

All companies seek to experience high sales growth. Other companies like Cable TV providers struggle to grow as fast as industry leaders like Netflix. A recent McKinsey study of more than 1,000 companies identified five meaningful things that distinguish fast-growing sales organizations from their lagging peers.

Sales 28

Sales Company How To McKinsey 28

Tom Spencer

FEBRUARY 1, 2020

This might include advice on asset management, tax structuring, or capital structuring to reduce financing costs and sources of risk (e.g. Sales, Marketing, Production) and secondary functions (e.g. Finance, HR, Supply Chain, ICT, Legal). For instance, financial consultants provide advice to organizations on financial matters.

Consulting 135

Consulting Operations Financial Real Estate 135

Business Consulting Agency

AUGUST 20, 2023

Market Research : Conduct thorough market research to understand your industry, competitors, and target market. Finances : Secure startup funding through personal savings, loans, investors, or grants. Sales and Distribution : Create a sales strategy that includes distribution channels, pricing, and sales tactics.

Cash Flow 52

Cash Flow Financial Sales Analysis 52

Business Consulting Agency

AUGUST 12, 2023

Consider their track record, industry knowledge, and commitment to collaboration. Sales and Marketing Optimization : Evaluate your sales and marketing efforts. Market Insights : Consultants stay informed about industry trends, market dynamics, and best practices to ensure your strategies remain competitive.

Cash Flow 52

Cash Flow Balance Sheet Financial Efficiency 52

MishTalk

DECEMBER 28, 2013

RT reports French broadcasting watchdog CSA eager to tax YouTube, Facebook, Dailymotion France''s Superior Council of Audiovisual, an independent broadcasting authority, wants to impose taxes on media giants like YouTube, Facebook and Dailymotion to force them to contribute to financing French culture. billion ($1.8

Finance 78

Finance Culture Film Advertising 78

Progressus

OCTOBER 20, 2023

Factors impacting profit margins include the tendency to allocate 80% of project work with the last 20% of the budget, inaccurate time-sheet reporting, underbidding during the sales process, and client disputes. Measuring utilization informs decisions regarding hiring, outsourcing, skill development, and workload distribution.

Cash Flow 52

Cash Flow Metrics Resources Sales 52

Asamby Consulting

DECEMBER 5, 2022

Major cost and expense types The major types of cost are Cost of goods sold (COGS, including some of the below) Staff cost (salaries) Cost of financing (interest rates) Offices and buildings Energy Marketing cost Depending on your industry, different types might be dominant. Profit = sales - all cost (incl.

Small Business 52

Small Business Finance Industry Company 52

Harvard Business

MARCH 31, 2017

If you’re not a numbers person, finance is daunting. Stop avoiding finance because you’re afraid of numbers. Think of it this way, “Finance is the way businesses keep score. “Finance and accounting are very simple. .” “Finance and accounting are very simple. Overcome your fears.

Finance 28

Finance Balance Sheet How To Metrics 28

Tom Spencer

MAY 8, 2016

Within an investment bank, the work is split into many roles including investment banking, sales and trading, equity research, risk management, operations, and technology. People in the “investment banking” or “corporate finance” division typically help large organisations undertake merges and acquisitions.

Banking 60

Banking Consulting Comparison Finance 60

Tom Spencer

NOVEMBER 19, 2021

Business development consulting is about helping businesses grow sales and profits in order to achieve their strategic objectives. While breaking into the industry is challenging, aspiring consultants should be careful not oversell their abilities.

Development 88

Development Consulting B2C B2B 88

Progressus

NOVEMBER 9, 2023

Introducing Microsoft Dynamics 365 Business Central + Progressus A Total Solution for Project-Centric Organizations Microsoft Dynamics 365 Business Central is a comprehensive, cloud-based ERP solution for small to midsized businesses, connecting sales, service, finance, and operations to work smarter, adapt faster, and perform better.

Resources 52

Resources Report ROI Data 52

Harvard Business

APRIL 26, 2016

For decades, Sales and Academia remained worlds apart and the business world did fine. But Sales is changing, Academia is out of touch, and this is bad for business and the academy. Compared to professions like engineering or business disciplines like Finance or Operations, the concept of a dedicated salesperson is relatively recent.

Sales 28

Sales Education Training Training 28

Harvard Business

MARCH 10, 2017

Sales executives with even moderately large, distributed sales forces rely on data to help them understand which activities and behaviors lead to the best outcomes. Refining Sales Team Structure and Roles. At the highest level, Workplace Analytics can provide a factual foundation for decisions on sales structure and roles.

Sales 37

Sales Software Productivity Data 37

MishTalk

APRIL 23, 2014

Please consider French Company Does Biggest Junk Bond Sale Ever. Numericable will use the proceeds to finance its acquisition of rival cable company SFR. Overall, the deal represents the largest sale of high-yield debt on record, according to Dealogic. billion debt sale in September. Altice issued $2.9 billion and €2.1

Sales 67

Sales Company Media Finance 67

MishTalk

JULY 18, 2013

Get Involved The State of the Unions Finances: A Citizens Guide. European Car Sales Plunge to 20-Year low. Amidst all the happy talk that Europe is on the verge of some sort of recovery, here is yet another counterpoint: European Car Sales Plunge to 20-Year Low. Among smaller markets, sales plunged 42.7% million, a 6.7%

Analysis 73

Analysis Trends Sales Real Estate 73

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. Did you find and close all $10 million in sales? Did you just show up at the sales meeting? retail sales in only 30 days.

Case Interview 81

Case Interview Interviews Resumes Retail 81

Steve Shu Consulting

MARCH 21, 2014

For those unfamiliar with the term “behavioral economics”, I generally describe behavioral economics as a combination of psychology and a traditional science like economics or finance. Behavioral Economics Business Development General Management Innovation Management Consulting Professional Services Sales And Marketing Technology'

Consulting 150

Consulting Finance System Sales 150

CaseInterview.com

JULY 18, 2019

The Health and Public Service operating group focuses on those industries. The Products Operating Group concentrates on Air Freight & Travel Service, Automotive, Consumer Goods & Services, Industrial Equipment, Infrastructure & Transportation Services, Life Sciences, and Retail. Finance and Performance Management.

Accenture 45

Accenture Case Interview Operations Automotive 45

Progressus

NOVEMBER 27, 2023

For all industries, an average of 60-80% of IT budgets are allocated to keeping legacy systems running. Many clients across the Proserv industry count on Progressus to assist with Project Accounting, Project Management, Project Resource Management, and Project Reporting. What are Legacy Systems?

System 52

System ROI Software Government 52

Management Consulted

AUGUST 1, 2013

At its start, Oliver Wyman capitalized on the deregulation of the financial services industry. Mercer (with Oliver Wyman) developed the number of industries served and capabilities expertise, and after a period of exponential growth eventually chose to make Oliver Wyman the catch-all name for anything MMC but non-human resources focused.

Oliver Wyman 201

Oliver Wyman Interviews Mercer NERA Economic Consulting 201

Management Consulted

JULY 22, 2013

Plus, financial advisory schools aren’t hyper-focused on recruiting the president of the class – they more realistically focus sales efforts on a fraternity vice president with a great volunteer record, a strong major, great quant scores and a really good GPA who is great with people.

Financial 194

Financial Consulting Strategy Strategy 194

Tom Spencer

JUNE 6, 2020

Microsoft intimately knows what business people in specific industries need to succeed. Another example could be where one segment may be very sensitive to price and always buy merchandise on sale, whereas the other may value time over savings and typically pay full price. Behavioral segmentation. Last words.

Apparel 103

Apparel Retail Examples Productivity 103

Management Consulted

FEBRUARY 5, 2017

In the New York office, the industries McKinsey caters to are financial services, health care services, advanced electronics, aerospace and defense, and TMT (technology, media and telecommunications). Bainies in NYC work to support their clients on nearly every industry and across all ranges.

Consulting 157

Consulting Deloitte Bain McKinsey 157

Management Consulted

OCTOBER 3, 2012

I begged my favorite Econ teacher to let me into his Industrial Organization course and fortunately I got a spot. Half of the class was devoted to examining different models and learning the game theory behind strategic decision making; in the remainder of the class, we applied that knowledge and analyzed different industries.

Consulting 204

Consulting Case Interview Interviews Engineering 204

Tom Spencer

APRIL 1, 2022

Figure 2: Aviation Industry CO 2 Emissions. If the aviation industry continues down the path of high CO 2 emissions, what will happen when new aerospace markets open: sub-orbital travel, supersonic flight, and space hotels? Billion industry by 2027. Aviation Industry Trends & Uncertainties. Policy Incentives.

Trends 88

Trends Engineering Travel Airlines 88

Tom Spencer

MAY 13, 2018

You can use this framework when clients are considering entering a new market (new industry or new country), launching a new product, or targeting a new customer segment. The four parts are Economy, Industry, Company, and Project. Moving next to the Industry, there are three main things to consider. Starting with the macro part.

Case Interview 68

Case Interview Study Interviews Marketing 68

CaseInterview.com

DECEMBER 4, 2019

Once I understood how to do market entry strategy, they had me do sales force performance optimization. The top firms in industry do the exact same thing. Got good at sales? Ran a finance organization? Once I was in industry, I crafted my own career path to constantly seek new challenges. It was ENDLESS.

McKinsey 68

McKinsey Comparison Sales Exercises 68

Asamby Consulting

OCTOBER 24, 2022

This blog post gives you the comprehensive answer: Why compensation is important How to structure your fixed salary components What options for variable pay are there How to pick the right perks and benefits What allowances are and what to pay them for What long-term incentives are out there How strategy and finance influence compensation Let's go!

ROI 40

ROI Tools Travel Sales 40

Martinka Consulting

JULY 7, 2020

Before I get into valuation, here are some other things I expect we’ll see: More seller financing, in fact banks are already indicating they want more seller financing. Banks will be running more and tougher stress tests on all loans (meaning, looking at more scenarios of debt coverage if sales and earnings decline). Conclusion.

Banking 40

Banking Financial Finance Sales 40

Management Consulted

DECEMBER 16, 2008

The cons of investment banking – the long hours, the repetitive and unengaging nature of the work, the lack of non-finance exit opportunities – mattered far more to me than a 6-figure salary. Consultants move on to a vast array of fields – from industry to academia, government to non-profit. 4 NETWORKING.

Banking 272

Banking Boston Consulting Group Consulting Management 272

Tom Spencer

NOVEMBER 9, 2019

Investment banks are split between capital markets and corporate finance (also known as investment banking). In secondary markets, the sales & trading function operates as a market maker. Investment Banking – Capital Markets (Wholesale Banking) and Corporate Finance. Image: Pexels.

Banking 12

Banking Industry Balance Sheet Retail 12

Emerson Consulting Group

JANUARY 31, 2019

Too often otherwise good sales reps fail because they just haven’t learned to stop talking and start listening. The objective of basic sales questions is to identify what your prospect actually wants. By asking more questions and listening even more, you can take any sales conversation to a higher level. By Ken Lizotte CMC.

Sales 40

Sales Conference Industry Productivity 40

Tom Spencer

APRIL 15, 2015

How should the company position itself within its industry? Failure to properly assess and understand the business landscape can have billion dollar implications and affect the course of an entire industry. These three strategic decisions helped to shift market power in the PC industry away from IBM and towards Microsoft and Intel.

Survey 60

Survey Industry Company Productivity 60

MishTalk

NOVEMBER 2, 2014

China Momentum The world is now reduced to: Japan QE Infinite (Helicopter money next) – BOJ is buying more than 100% of issuance from Ministry of Finance now! Safe travels, Steen Three Key Steen Opinions Japan QE Infinite (Helicopter money next) – BOJ is buying more than 100% of issuance from Ministry of Finance now!

Banking 71

Banking Engineering Finance Policies 71