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Navigating a Downturn: Strategies for Business Resilience

Tom Spencer

Diversify Revenue Streams One fundamental strategy for business resilience is to diversify revenue streams. Just think of Kodak, Blockbuster, Blackberry, and Nokia, companies that were once dominant in their respective industries. He studied Industrial and Labor Relations at Cornell University.

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How to Craft a Durable Strategy for the Long Run

Tom Spencer

Hundreds of articles have been written on strategy, each with an author that presents a unique perspective from years of paradigm-shaking experience. Some even “reinvent the wheel” by rejecting past concepts altogether and introducing an entirely new way of thinking about strategy. On the other hand, human capital can be inimitable.

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How Software Companies Can Enter the U.S. Defense Market

Harvard Business

Pentagon procurement procedures have long complicated commercial software companies’ entrance into the defense market difficult, but the authors’ experience working with both tech startups and the defense industry leads them to believe that now is a good time for companies to enter the market.

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What is the Professional Services Industry All About?

Progressus

Professional services is an expansive space spanning several industries – consulting firms, software publishers, IT service providers, even manufacturers and distributors that offer post-sale services — each with its own set of challenges, regulations, and opportunities.

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Tech Sales vs Management Consulting

Tom Spencer

As someone currently in management consulting who has previously done tech sales for a major software company, I was amused by Martin Keller’s article championing tech sales (sometimes known as consultative or customer success driven sales) over management consulting. Professional Development. Transition Opportunities.

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The 3 Pillars of an Effective Data Management Strategy: Monitoring, Tracking, and Reporting

Strategic Planning and Management Insights

SME Strategy is a strategy consulting firm that specializes in helping organizations align their teams and operations around a shared vision, mission, values, goals, and action plans. However, without a data strategy , the likelihood of achieving successful outcomes is greatly diminished.

Report 98
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Why I Rejected My Consulting Offers and Went Into Tech

Tom Spencer

For many ambitious university students, management consulting can seem like the ideal industry to start a successful and fulfilling career. Difficulties finding the perfect exit opportunity in an attractive industry. The sales cycle can last months or even years and includes the establishment of long-lasting business relationships.