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. Image: Pexels.

Consulting 60

Consulting Turnaround Healthcare Deloitte 60

Progressus

NOVEMBER 10, 2023

Many pro services firms still use fragmented systems or analog methods like spreadsheets to manage projects. It prevents you from generating reliable cash-flow forecasts and makes it incredibly difficult to manage resources. directly integrated with core financials? Are project operations, sales, customer service, etc.

Agile 52

Agile Tools Data Talent 52

Management Consulted

FEBRUARY 15, 2015

They entered the financial disputes business with the acquisition of Klick, Kent and Allen, Inc. FTI expanded into investigation and research capabilities as well as turnaround, restructuring, bankruptcy and forensic accounting with the moves. Records management. Restructuring/Turnaround Services. Interim Management.

Interviews 100

Interviews Culture Consulting Case Interview 100

Tom Spencer

JUNE 23, 2018

This may include discrete projects completed at arms length, such as due diligence on a transaction, or turnaround projects where consultants are embedded within an organisation. Finally, senior management may hire consultants as an independent second pair of eyes, to help justify critical decisions and strategic choices.

Consulting 88

Consulting Case Interview Turnaround Analysis 88

Martinka Consulting

AUGUST 11, 2014

I like to say (especially to business buyers with stars in their eyes) that, “turnarounds make headlines because they are rare.” Here are five: Great people with depth of management, above average compensation (to attract better employees), and a good culture. If you’re the owner of one of these, congratulations.

Turnaround 40

Turnaround Trends Journal Financial 40

Martinka Consulting

JANUARY 8, 2022

If you want to control the deal look for a turnaround business and roll the dice. The non-financial factors are just as if not more important than the financial statements. Do customers like the company or the general manager? The seller controls the deal, if it’s a mature profitable company. Show growth.

Banking 40

Banking Turnaround Finance Financial 40

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. Operational and financial improvements are rapid, dramatic, and lasting. as a result], when new issues come up, they are going to revert to what they know.

Turnaround 100

Turnaround Fashion Exercises Training 100

Tom Spencer

JULY 2, 2015

The company missed the trend towards touchscreen smart phones and has fallen into serious financial difficulty. A leading financial services company is trying to reduce operating expenditures. Turnarounds. How can we regain market share, and return Blackberry to its former glory? How can it achieve its savings target?

Consulting 60

Consulting Turnaround Case Interview Retail 60

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. They usually need you to understand the rationale behind financial modelling e.g. DCF, LBO etc. Mike Okeowo.

Case Study 53

Case Study Case Studies Study Case Interview 53

Prudent Pedal

JANUARY 28, 2020

If you’re a managing partner, practice leader, sales leader, or chief administrative officer in a professional services firm, you probably have responsibility for “managing” marketing. If this is you, you may be feeling a little uneasy as we approach that dreaded time of the year for most managers—annual reviews.

Marketing 52

Marketing How To Turnaround Meeting 52

Harvard Business

JULY 18, 2016

Doug identified “Inspiring Trust” as his number one mission in his 10-year turnaround of Campbell Soup Company, where his efforts resulted in cumulative shareholder returns in the top tier of the global food industry, and among the highest measured employee engagement levels in the Fortune 500, particularly with his leadership team.

Financial 28

Financial Culture Leadership Report 28

Tom Spencer

SEPTEMBER 29, 2011

in Management Consulting. Value Partners Management Consulting. Accenture is a global management consulting, technology services and outsourcing company. Applied Value offers strategy, finance, and operations management services. Definitions. Helpful Links. List of strategy consulting firms in Hong Kong 2011.

Oliver Wyman 107

Oliver Wyman Strategy Strategy Strategy& 107

Harvard Business

AUGUST 22, 2018

She’d gone to Arkansas to review operational plans and financial projections for the rest of the year with the team on the ground. FB Holdings had made it through the financial crisis of 2008 without losing money—but the climate control systems divisions, a Tier 1 automotive supplier, had not fared as well.

Case Study 47

Case Study Case Studies Study Culture 47

Harvard Business

NOVEMBER 30, 2018

From a business strategist who can appear aloof and dismissive of those with less intellectual horsepower, to a general manager who aligns and inspires her region through personal connections and demonstrates genuine care for people. The directness of those statements may surprise you. Identify experts inside and outside your company.

Turnaround 28

Turnaround Interviews Development Management 28

Tom Spencer

OCTOBER 3, 2011

in Management Consulting. Alpha Financial Markets Consulting. Cambridge Strategic Management Group. Cambridge Strategic Management Group. Cedar Management Consulting. Accenture is a global management consulting, technology services and outsourcing company. Alpha Financial Markets Consulting.

BearingPoint 99

BearingPoint Capgemini Strategy Strategy 99

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. So, why has this phenomenon gripped the business world and are their proven benefits for businesses? McKinsey research in 2011 found that 58% of U.S.

SMB 60

SMB Enterprise Talent Efficiency 60

Management Consulted

JUNE 14, 2015

Founded in 1995 by former Bain consultants and headquartered in New York City, they focus on developing airline strategy and implementing major operational turnaround. Financial Services. In fact, in terms of firms we profile, they are truly one of the new kids on the block. Cargo & Logistics. Human Capital. Cost Reduction.

Groups 100

Groups Interviews Culture Case Interview 100

Harvard Business

AUGUST 9, 2016

The types of private equity firms and the approaches to managing these firms has evolved over the last 40 years through three general phases. These buy outs shifted agency from owners to managers; “corporate raiders” worked with high-yield debt to fund these turnarounds. Large private equity firms (e.g.,

Talent 28

Talent Real Estate Financial Operations 28

Harvard Business

AUGUST 11, 2017

In phase 3, successful portfolio transformations require financial discipline that is not an event, but a pattern; strategic clarity that is not a direction, but a commitment; operational excellence that is not a tool, but a mindset. This third phase has led to large private equity organizations governing their assets in a unique way.

Leadership 28

Leadership Talent Culture Turnaround 28

1 to 1

JUNE 1, 2021

With unattended RPA, software with artificial intelligence and machine learning handles common, high-volume, repetitive tasks such as invoice processing, claims management, and patient scheduling. Both attended and unattended RPA can take many mundane tasks off associates’ plates, letting them focus on other priorities.

Software 26

Software Turnaround Automotive ROI 26

Business Consulting Agency

JANUARY 23, 2024

Understanding the Impact of Costly Mistakes in Business Financial Implications: Costly mistakes in business often translate directly into financial setbacks. Whether it’s mismanagement of funds, poor investment decisions, or inaccurate financial forecasting, the repercussions can be felt in the company’s bottom line.

Consulting 52

Consulting Turnaround ROI Case Study 52

Harvard Business

NOVEMBER 30, 2017

Even more striking, new research from the McKinsey Global Institute analyzes firm-level financial results and finds a stark contrast in performance between the biggest U.S. Many of the small and midsize manufacturers that did manage to survive kept going by cutting costs, which has led to stagnant wage growth.

McKinsey 28

McKinsey Turnaround Pharmaceuticals Benchmarking 28

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. 4) Action: * I immediately had our procurement manager contact all of our suppliers to try and buy new servers. E nd-Result. and to do it fast.

Case Interview 81

Case Interview Interviews Resumes Retail 81

Harvard Business

MARCH 12, 2018

Volvo’s turnaround over the last decade offers a great example. That’s why they deploy financial and human capital together, aligning the two for maximum impact. For example, its members asked why every design change in a car required a dozen signatures and managed to cut that number in half.

Talent 28

Talent Engineering Case Interview Turnaround 28

Harvard Business

AUGUST 5, 2016

We were given full access to the academies’ management information systems, leaders, staff and students so we could see how they worked, the decisions they’d made and the impact they’d had. Like any turnaround, there is no magic bullet — a series of remedial steps need to be taken. So what did we find?

How To 28

How To Resources Education Turnaround 28

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. Successful CEOs push managers to go uncomfortably beyond faithful retransmission: they want their leadership coming up with proverbs and parables to better preach the new gospel.

Enterprise 28

Enterprise Turnaround Leadership Examples 28

Harvard Business

JULY 13, 2018

Brad was leading a difficult turnaround of his company and had decided to fire his head of sales, who was a nice guy but wasn’t performing. Pat LaCroix/Getty Images. Three months later, he still hadn’t fired him. I asked him why. His answer? “I’m a wimp!” He’s a normal human, just like you and me.

Sales 53

Sales Turnaround Course Energy 53

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

JUNE 29, 2018

In the fall of 2017 under Flannery, MA&D unsurprisingly became GE’s turnaround strategy tool. During the Immelt era, the dominant mode had been of strategy by way of mergers, acquisitions, and divestitures (MA&D), including most recently the disastrous merger of the GE oil and gas business with Baker Hughes in 2016.

Company 34

Company Healthcare Turnaround Strategy 34

Harvard Business

SEPTEMBER 6, 2016

When a private equity firm adds a new company to its portfolio, analysts rigorously size up its financial, operational, and competitive condition. In fact, management consultancy Bain & Co. He was very smart and polished but didn’t see how his pointed words and micromanaging ways were affecting his management team.

Company 28

Company Engineering Turnaround System 28

Harvard Business

FEBRUARY 2, 2017

All senior leaders are surrounded by physical or virtual trappings of office — the formal decor, the board dinners, the financial reports, the assistants that manage travel and scheduling, the intensive calendar that leaves little time for reflection. Second, get out of the bubble.

How To 28

How To Banking Turnaround Meeting 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

BCG

SEPTEMBER 21, 2016

Airlines have a tough time getting their arms around OTP and how to manage it—with good reason. OTP is also affected by decisions made in multiple areas, including fleet size and composition, flight crew composition, and flight turnaround times.

Airlines 40

Airlines Turnaround Operations Financial 40

Harvard Business

SEPTEMBER 8, 2016

At first, the causes of free fall appear to be external: a global financial crisis, a banking system collapse, government deregulation, or, more common, a new business model or technology harnessed by a nimble insurgent competitor. When a company is in free fall, it makes sense to replace the management team, for all sorts of reasons.

Company 28

Company How To Turnaround Engineering 28

CaseInterview.com

JULY 23, 2019

I also am including my response where I elaborate on the role of determination in obtaining a consulting management offer. Having endured some rough patches in the previous four years, and now being financially independent, and most importantly genuinely happy with what I am doing, I am consequently very grateful to you. No, Thanks!

Oliver Wyman 45

Oliver Wyman Interviews Case Interview Recruiting 45

Harvard Business

JULY 20, 2016

I led the global management appraisal practice of our own executive search firm, Egon Zehnder. Japan’s educational institutions and cultural work ethic give its managers a jump-start in their careers, but most companies don’t continue the development process as far as it could go. What we found was an incredible paradox.

Turnaround 28

Turnaround Engineering Leadership Case Interview 28

Harvard Business

FEBRUARY 24, 2017

In a recent survey , 70% of respondents said that CEOs focus too much on short-term financial results, and nearly 60% said that they don’t focus enough on positive long-term impact. Bertolini observed that many of his peers had been promising 15% earnings per share (EPS), even during the financial crisis of 2009.

Metrics 32

Metrics Study Financial Operations 32