article thumbnail

Stop Comparing Management to Sports

Harvard Business

Often, when I’m asked to give a speech on strategy at some company event or conference, I find that one of the other speakers is a former professional sports player. Although there is nothing wrong with commitment and perseverance, I, however, think sport (much less war) is often an unhelpful analogy.

Sports 28
article thumbnail

Go Faster Alone but Farther Together

Chad Barr

LEGO: A Blueprint for Collaboration and Individual Ingenuity At the dawn of the 2000s, LEGO found itself on the brink of collapse, its brand diluted and finances in turmoil. .” Let’s delve into these examples to uncover the profound lessons they offer. The appointment of Jørgen Vig Knudstorp as CEO marked the turning point.

Sports 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

The real advantage of case interview preparation

Tom Spencer

Imagine that you did not succeed with the consulting offer and instead start as an employee in the area of business development, finance, or marketing. In his free time, Till enjoys sports and going out into nature. However, in case you are still not convinced, here are two concrete examples. How should you proceed? Image: Pexels.

article thumbnail

Want To Be On The Leading Edge? Forget About It.

Markovitz Consulting

In my consulting work, I’ve seen business unit managers unable to achieve the market share goals mandated by the CEO because they couldn’t get the IT support for new product development software; Finance and HR support to hire the necessary material scientists; and Operations support to rapidly qualify new suppliers.

article thumbnail

4 Critical Tips for Aspiring Professionals

Tom Spencer

This can range from health to career/finance to how you organize your living space. Alex Grey is an experienced sports coach whilst also completing a Bachelor of Commerce, majoring in Economics and Environmental Studies. Try and split up your goals into different categories of life to avoid being overwhelmed with the task.

article thumbnail

2 Years of Networking Results in Consulting Job at PwC

Management Consulted

I then took another internship in finance with Merrill Lynch. I also explored other areas of finance and ultimately decided that I wanted to give investment banking a shot. years while I continued to gain experience in real estate finance and institutional asset management.

article thumbnail

The Paths of Consultancy

Tom Spencer

But he knew that he wanted to be involved in the sport. Learning about the life of Daryl Morey gave me hope that my aspirations of working in sports are not nullified by my lack of athletic ability. Morey knew there was no point faking it. Although reasonably tall, he had no hope of playing basketball even at a college level.