Does Industry Expertise Matter?

David A Fields

A question I was asked: I’ve read that industry experience isn’t supposed to be necessary to win clients, but I’ve lost projects to consultants who have more experience than me. How much does industry experience matter?

Sprinting to Value in Industry 4.0


To improve performance and gain a competitive edge, manufacturers must adopt the new digital industrial technologies that are collectively known as Industry 4.0. The value created by Industry 4.0 The race is on to adopt Industry 4.0. Focus Thursday, December 08, 2016.

Creating the Industrial Ecosystem


The day before the main event I was included in the Industry Analysts visit to the Siemens Technology Center, at Neuperlach in Munich. Siemens is in some highly competitive industrial markets. Getting the balance right is crucial for all Industrial digitally aware organizations.

How consultants do industry research

Consultants Mind

Junior analysts are routinely asked to support proposals and projects across different industries. The great ones get up-to-speed quickly on the industry … Continue reading → Learning Analyzing Data Business Business Intelligence Consulting Finviz Investor Relations Management consulting Measurement Research Trade Association Management consultants need to be quick learners.

Women in the food industry


We look closely at employee experiences as well as policies and programs the industry has implemented to promote diversity. Where does the sector stand when it comes to gender equality?

Ralph Hamers on Disrupting the Banking Industry


Video Tuesday, September 20, 2016. Founded in 1991, ING is a global financial services company with more than 52,000 employees in over 40 countries. The bank’s stated purpose: “Empowering people to stay a step ahead in life and in business.”

There is no 'the industry'

Seth Godin Blog

It's easy to say that, "the industry is to blame," or "the industry doesn't understand this.". There is no industry, no economy, no market. But because no one is charge, because there's no coherent enforcement method, this is merely a shorthand.

Forks in the Road: Navigating Industry Disruption


2015 brought record sales and profitability to the global auto industry. Fueled by new technology and consumer needs, nontraditional competitors are entering the auto industry with connected software, artificial intelligence, alternative fuels, and shared mobility networks.

How industrial companies can respond to disruptive forces


A survey of 300-plus executives from the automotive, aerospace, and diversified-industrial sectors generated insights that can help traditional players reckon with change. Automotive & Assembly Insights

BlockChain: Opportunities for the Consulting Industry

Tom Spencer

How is it going to disrupt industries? . Eliminating the third party may sound like a small change, but it means disrupting entire industries like banks, law firms and public sector organizations who largely exist in order to act as intermediaries. Potential Opportunities for the Consulting Industry. Business models of incumbents in industries like banking might change entirely in order to survive the disruption created by blockchain. What is Blockchain?

The 4th Industrial Revolution: Avoiding Vanity Innovations

Confessions of a Consultant

The Technology Revolution is coming – but don’t embrace everything. When I grew up, AI stood for artificial insemination. Something to do with cows. No more. Now A rtificial I ntelligence is slowly moving across a continuum from assistive to augmented towards autonomous.

Industry 4.0 demystified—lean’s next level


Amid digital disruption, five principles can help companies find tangible value in Industry 4.0 solutions. Our Insights

How Precision Medicine Will Transform the Pharmaceutical and Healthcare Industries


And although the pharmaceutical and healthcare industries know this is the way forward, they face some significant hurdles Precision medicine combines business opportunities with clinical health benefits.

Consolidation in Europe’s Airline Industry


But there is more turbulence ahead: Brexit, increasing industry capacity, and competition for long-haul traffic from low-cost and high-­service Middle Eastern and Asian carriers are likely to undercut the profitability of European full-service carriers (FSCs).

What’s in Store for Consulting Industry Trends in 2017?


The consulting industry has had some interesting developments within the past year. The Gig Economy Continues Its Expansion into the Consulting Industry. What 2017 May Bring to the Consulting Industry. Share This: The post What’s in Store for Consulting Industry Trends in 2017?

Surviving in a Procyclical Industry

Tom Spencer

Management consulting is a service industry that earns its keep by serving large organisations – corporate, non-profit and government. For more information on the management consulting industry, download “ The HUB’s Guide to Management Consulting “ ].

Get Ready for Industrialized Additive Manufacturing


Additive manufacturing could soon be widely adopted for industrial use, and the market could grow more than threefold through 2020. Focus Wednesday, April 05, 2017.

The Insurance Industry Needs an Intervention


Before attempting to execute new strategies, insurance companies need to reevaluate every dimension of their operating model. Here are some recommendations

Getting the most out of Industry 4.0


A new survey of global manufacturing experts explores the progress companies have made in implementing Industry 4.0, the challenges many still face, and the ways more players can unlock value. Our Insights

The Auto Industry's Real Challenge


As automakers pour millions into winning the autonomous vehicle race, they run the risk of ignoring the more imminent threats that could sink them before the technology becomes pervasive

Riding the Waves of Innovation in the Technology Industry


Five years is an eternity in the technology industry—the business world equivalent of a “dog year”—compared with other, less volatile and tumultuous industries. Article Thursday, October 27, 2016.

How can creative industries benefit from blockchain?


Five forces of blockchain technology could affect the creative economy. Here are some of the risks and challenges to overcome. Our Insights

Renewed optimism for the fashion industry


After a challenging stretch, has fashion turned the corner? Things are looking up, but the rebound may be uneven, says this year’s The State of Fashion report. Our Insights

Managing Change in the Oil and Gas Industry


Vagit Alekperov has led the company since its inception, shaping it into one of the industry’s global leaders. Video Tuesday, November 01, 2016. Lukoil is the largest privately owned company in Russia and one of the biggest oil and gas companies in the world.

Energy transition: Mission (im)possible for industry?


Dutch industrial companies have a key role to play in repositioning the Netherlands to thrive in a low-carbon future. Despite technological challenges and the pressure of global competition, it is possible for them to lower their greenhouse-gas emissions in line with European goals. Our Insights

10 Principles for Leading the Next Industrial Revolution


How can you prepare your company -- whether it is large or small -- to play a leading role in the next industrial revolution, the one that is caused by large-scale digital technology? See also "A Guide to Leading the Next Industrial Revolution

College football: Multibillion industry with great margins

Consultants Mind

Just watched the Alabama-Georgia game. For international readers, this was the equivalent of the semi-finals for college football between two rival teams who both had a winning season so far (11wins-1loss). It was a very close game which Alabama won … Continue reading → Fun Graphics Business College debate Graphs Salary Sports

Will Industry Stacks Be the New Blueprint for Banking?


Digital technologies are reshaping the banking industry at an unprecedented rate, generating waves of fresh opportunity and potential peril for traditional banks. Perspective Thursday, June 16, 2016.

Industrial Production Growing, Manufacturing Inching Along


The Fed G17 report shows Industrial Production is up 0.4% Mining is once again the highlight of an otherwise soft industrial production report. percent for a third straight sharp increase, mining pulled industrial production up 0.4 Industrial Production and Capacity Utilization.

Time to Accelerate in the Race Toward Industry 4.0


Throughout the world, companies recognize that their success depends on adopting the new digital industrial technologies that are collectively known as Industry 4.0. We found that, so far, companies in the two countries have implemented Industry 4.0 Focus Thursday, May 19, 2016.

Consultant Ninja: US Industries in a World of S**t: Management.

Consultant Ninja

US Industries in a World of S**t. I was thinking about broken US industries this evening. For some reason, saying an industry is "broken" just doesnt do it justice. Industries in a World of S**t: 1) Investment Banking 2) Health Care 3) Auto Manufacturing 4) Defense Procurement 5) Management Consulting 6) Real Estate What other industries would make this list? Activity already appears to be picking up in certain industries for specific services.

The two faces of fashion-industry performance


Top-quintile companies are the engines of value creation. Digitization and better in-store experiences will drive future gains. Our Insights

What’s ahead for industrials?


To stay competitive, companies need to sustain momentum while developing new capabilities, offerings, and operating models. Our Insights

The Future of Television: Where the US Industry Is Heading


The digital disruption of the US television industry is at hand. Many in the industry continue to believe that the TV industry will evolve with no major disruptions to existing relationships and with little shift in share. Article Thursday, June 09, 2016.

The Industrial Era Ended, and So Will the Digital Era

Harvard Business

Importantly, I’m not arguing we’ll stop using digital technology — after all, we still use heavy industry, we just no longer refer to ourselves as being in the Industrial Age.). Tara Moore/Getty Images. In a famous scene in the 1967 movie The Graduate , a family friend takes aside Dustin Hoffman’s character, Benjamin Braddock, and whispers in a conspiratorial tone, “Plastics… There’s a great future in plastics.”

What Real Sustainability Would Look Like in the Fashion Industry


Article Friday, July 14, 2017 To maintain its current growth trajectory, the global fashion industry must address its environmental and social footprint.

IoT Disruptions in 3 Industries and What You Can Learn From Them

Tom Spencer

In this article, you will learn about three industries in which IoT disruptions are likely to have a major impact. the government has integrated IoT technology into the trucking industry to prevent truck divers working overly long hours.

Differentiate yourself by taking a stand against something you don’t like about our industry

Rod Burkert

What pisses you off about our industry? One way is to differentiate yourself by taking a stand against something you don’t like about our industry. How to differentiate yourself : Stop marketing to attorneys and CPAs and start marketing to business owners in your industry niche.

The Digital Revolution Is Disrupting the TV Industry


The global television industry is in the midst of a digital revolution. With so many across the industry jockeying for position, the market for media stocks has become extremely volatile. Will current industry leaders retain their winning positions, or will they crash and burn?

The End of Conventional Industry Sectors


Technology and the Internet of Things are eroding the boundaries that have long classified businesses. Here's how to change your company's approach