article thumbnail

Customers Prefer to Crowdfund Products They Can Improve

Harvard Business

Platforms like Kickstarter and Indiegogo have not only broadened access to funding to companies that might struggle in the capital markets but have also transformed the way companies connect with consumers during product development, replacing focus groups with real customers who have a stake in the final product.

article thumbnail

Why Do Management Consulting Firms Hire MBAs?

Steve Shu Consulting

Management consulting projects can span diverse areas from operational to finance to marketing to strategy to IT management, etc. Roles in these newer consulting firms are positions analogous to product manager, UX design, digital marketing, data scientist, etc. plus traditional consulting roles.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

If you’re not a numbers person, finance is daunting. But having a grasp of terms like EBITDA and net present value are important no matter where you sit on the org chart. After all, if you’re trying to sell a product or strategy, you need to be able to demonstrate that it is both practical and high margin.

Finance 28
article thumbnail

Big Data: An Opportunity for Data Scientists & Data Analysts

Tom Spencer

Data analytics is a subfield of data science that involves examining large data sets to identify trends, develop charts, and create visual presentations to help business leaders and government officials make better decisions. Required Skills. A data analyst would need to be comfortable using tools like SAS and languages like R and SQL.

Data 88
article thumbnail

Why CEOs Can’t Dance Redux

Rick Conlow

Local executives gave presentations to him on a stage in an auditorium setting. All lights were off except a spotlight on the presenting manager and the CEO’s reading light. By not dancing, CEOs cost their companies billions of dollars of lost employee innovation, productivity, and customer service.

article thumbnail

Internal Strategy: Lessons Learned (1 of 2)

Tom Spencer

The strategy team consisted mostly of ex-consultants where our primary role was to execute and coordinate all key activities of the GWAM business, spanning six business units and eight functions, in areas of strategic initiatives, M&A, and corporate finance. Consulting Style Projects. rating agencies, equity research analysts).

article thumbnail

What are interviewers from consulting firms really looking for?

Tom Spencer

Based on the bit of information presented to you, can you logically connect the dots and recommend a sensible solution as you work through the case? Presentation Skills. Min Kim is currently an MBA student at NYU Stern School of Business where she is specializing in Product Management, Business Analytics and Finance.