Tom Spencer

MARCH 3, 2023

In this blog post, I’ll provide an overview of what people advisory consulting is, what people advisory consultants do, and how to break into the industry. People advisory consulting is a field that involves helping organizations optimize their human resources and talent management practices. What is People Advisory?

Consulting 88

Consulting Case Interview Talent Survey 88

Business Consulting Agency

APRIL 9, 2024

Consultants conduct market research, competitor analysis, and feasibility studies to assess market opportunities, target audience needs, and competitive landscapes. Consulting services facilitate networking opportunities, introductions to potential partners, investors, mentors, and industry stakeholders.

Consulting 96

Consulting ROI Efficiency Financial 96

Successful Independent Consulting

APRIL 1, 2024

Examples Several years ago, my agency represented a highly talented professional with over 20 years of experience even though he positioned himself as a jack-of-all-trades. Exercise #2: Study Your Work History. What was the industry? They want to hire a specialist and you want to be that person. What am I known for?

Exercises 195

Exercises Turnaround Leadership Development 195

Harvard Business

OCTOBER 2, 2018

Bill Kerr, a professor at Harvard Business School, studies the increasing importance of talent clusters in our age of rapid technological advances. He argues that while talent and industries have always had a tendency to cluster, today’s trend towards San Francisco, Boston, London and a handful of other cities is different.

Talent 33

Talent Company Trends Study 33

On the Brink Podcast

JANUARY 9, 2020

Back when she was in school at Pratt Institute studying fashionwear, she saw a problem. What do you do when you're a talented, young, inspired visionary? She hated the way bathing suits were made and how they fit women’s bodies. Designers were making things that all looked the same. Fabrics and fit were compromised to keep costs down.

Industry 56

Industry Talent Study Strategy 56

Tom Spencer

SEPTEMBER 17, 2022

I had done extensive research into the consulting industry and was a member of the consulting club at my university. Consulting is a knowledge-based industry. It is a high-stakes industry where individuals are comfortable with decision-making. For others, even the first 90 days is enough for them to decide to leave the industry.

Consulting 109

Consulting Management Industry Accenture 109

Harvard Business

JULY 14, 2023

Add to this the pressures of economic uncertainty and a potential recession, the threat of artificial intelligence automating jobs and skills and disrupting entire industries, and the sense of languishing and loneliness that increasingly permeate the work experiences of many, and the overall picture is rather bleak.

Talent 69

Talent Study Industry Management 69

Harvard Business

OCTOBER 4, 2016

Leaving aside luck, which equates to confessing that we don’t really know, there are really just two explanations: talent and effort. Talent concerns the abilities, skills, and expertise that determine what a person can do. Effort concerns the degree to which the person deploys their talents. Is talent overrated?

Talent 49

Talent Emotional Intelligence Deloitte McKinsey 49

Harvard Business

JULY 9, 2018

Finding digital talent is one of the biggest challenges facing companies today. These are the three biggest challenges we’ve seen: Integrating digital talent into the core business. However, one serious challenge that often arises with accelerators is how to integrate new talent into the core business.

Talent 33

Talent Recruiting Recruitment Boston Consulting Group 33

Organizational Talent Consulting

JUNE 5, 2023

A competitive talent landscape, technological advances, and global population shifts are rapidly increasing cultural diversity in the workplace. A large-scale global study involving over 32,000 people from 28 countries found only 20% are willing to have someone they disagree with their point of view as a coworker.

Culture 70

Culture Leadership Agile How To 70

Business Consulting Agency

DECEMBER 22, 2023

Challenges Faced by Small Businesses Small enterprises grapple with: Resource Constraints : Limited financial resources that constrain investments in critical areas like marketing and talent acquisition. Access to Expertise : Limited access to specialized industry insights and expertise critical for informed decisions.

Small Business 52

Small Business Consulting Boston Consulting Group Efficiency 52

Business Consulting Agency

MAY 19, 2023

Market Expansion and Entry Challenges Expanding into new markets or entering a new industry presents unique challenges. According to a study by McKinsey, 45% of companies cite “lack of understanding of local market dynamics” as a significant barrier to market entry.

Consulting 52

Consulting Technology Implementation Cash Flow Talent 52

Tom Spencer

SEPTEMBER 17, 2021

Expertise in case studies is considered a given not just among the veterans of business life, but even for newly aspiring consultants, who wish to break into the consultancy industry. Our brief case study in the medical device industry showcased eloquently how all-encompassing the field of management consultancy is.

Case Interview 88

Case Interview Case Study Case Studies Consulting 88

Business Consulting Agency

SEPTEMBER 29, 2023

Talent Optimization : Recruiting, retaining, and nurturing skilled employees to drive productivity and innovation. A study by McKinsey & Company found that improved operational efficiency can lead to cost savings of 20-30%. Market Competition : Staying ahead of competitors by continually adapting to changing market dynamics.

Consulting 52

Consulting Cash Flow Efficiency Financial 52

Rick Conlow

JUNE 19, 2023

It is worth noting that the exact extent of remote work adoption varies across countries, industries, and individual company policies. Urban planners argue that a shift towards remote work may harm industries reliant on office spaces and negatively impact local economies that depend on foot traffic from office workers.

Leadership 101

Leadership Training Training Productivity 101

Business Consulting Agency

JANUARY 25, 2024

Market Research and Analysis Consultants conduct thorough market research, identifying target audiences, competitors, and industry trends. Team Building and Talent Acquisition Building a cohesive and skilled team is fundamental. Engaged employees significantly contribute to profitability, as evidenced by a Gallup study.

Consulting 52

Consulting Small Business Accenture Financial 52

Organizational Talent Consulting

MAY 1, 2023

This article provides insights into the dark side of personality, six workplace talent management countermeasures, and what to do if you work with or for someone with a dark personality. It is worth noting; however, at least one study revealed positive and negative effects from this dark side personality type.

Talent 63

Talent Culture Research Journal 63

Organizational Talent Consulting

APRIL 11, 2022

Whether due to unclear expectations or a lack of talent visibility across the organization, a disparity of perceptions is dangerous. Alarming data from a new global study reveals that only 14% of leaders across all levels indicate they are confident with hiring decisions. It turns out that these concerns are justified.

Leadership 52

Leadership How To Talent Development 52

Tom Spencer

DECEMBER 3, 2021

For example, LinkedIn’s Talent Blog has published an article titled “ Why Curiosity Might be the Most Important Skill for Recruiters ”, and Forbes has published an article on “ Curiosity: A Leadership Trait That Can Transform Your Business To Achieve Extraordinary Results ”. Indeed, this view is echoed in countless business headlines.

Consulting 88

Consulting Industry Recruiting Recruitment 88

LSA Global

APRIL 21, 2017

The statistics on the high dissatisfaction rate of new employees should capture the attention of every HR department and leader looking to engage, develop and retain high performing talent. When you have invested significant time and money to hire new talent, you look for a payoff…productive employees who are engaged and stay.

Talent 34

Talent Productivity How To System 34

Harvard Business

NOVEMBER 3, 2016

With low unemployment, the competition for talent remains fierce. Gap is joining a growing corps of large companies that are turning to an overlooked pool of entry-level talent: the 5.5 Similar intermediaries include BankWork$ for the banking sector, YouthBuild in construction, and iFoster in the grocery industry.

Talent 28

Talent Education Engineering Software 28

Business Consulting Agency

OCTOBER 2, 2023

A study by the Small Business Administration found that entrepreneurs with a solid business plan are twice as likely to succeed. Team Building and Talent Management : Attracting and retaining talent is critical. Business Planning : Developing a well-defined business plan is crucial.

Intellectual Property 52

Intellectual Property Cash Flow Efficiency Financial 52

Harvard Business

MARCH 28, 2017

With unemployment rates in most developed nations at the lowest levels since the Great Recession, and with new skill sets required to keep pace with head-spinning technological advances, it’s no surprise the talent acquisition environment is incredibly competitive. How to Develop Leaders Who Can Drive Strategic Change.

Talent 31

Talent Recruiting Recruitment Survey 31

Business Consulting Agency

SEPTEMBER 15, 2023

A study by Research and Markets found that businesses that conduct market research are 50% more likely to achieve market success. They provide guidance on location selection, office setup, and talent acquisition, streamlining the process of becoming operational in the U.S. According to Statista , market research revenue in the U.S.

Marketing 52

Marketing Company Intellectual Property Small Business 52

Comatch

OCTOBER 12, 2022

Not only was the importance of external help noted in order to optimize the commercial model and drive growth; but a Blue Ridge Partner’s recent CEO study concluded that providing management teams access to a talent network was the most essential capability that operating partners could bring to the table. Find the Right Support.

Management 52

Management Talent Operations Consulting 52

Organizational Talent Consulting

FEBRUARY 28, 2022

A growing talent shortage has employers struggling to fill open positions. A study revealed that underperforming employees make up more than 15% of organizations on average. Impact of the Talent Shortage. If you have been a healthcare or IT industry leader, the talent shortage is not new. What else?

Strategy 52

Strategy Strategy Strategy& Engineering 52

Harvard Business

MAY 19, 2017

Consulting is pervasive in many industries. To evaluate the impact of hiring consultants and to figure out when they might offer the most value, I turned to the wine industry , where over two-thirds of wineries hire consultants to improve the quality of their wines. Overall, I studied 311 Bordeaux wineries over a 10-year period.

Industry 34

Industry Consulting Resources Study 34

Business Consulting Agency

OCTOBER 6, 2023

Market Research and Analysis: Consultants conduct thorough market research and analysis to assess market viability, identify target demographics, and evaluate industry trends and consumer preferences.

Consulting 52

Consulting Analysis Financial Operations 52

Organizational Talent Consulting

MAY 8, 2023

This article provides insights into the proven benefits of a servant leadership style for businesses and employees, the dimensions and characteristics that set servant leaders apart, and an example of servant leadership from a global leader in the business services and supplies industry. Journal of Leadership Studies , 7(3), 18-40.

Leadership 68

Leadership Journal Pharmaceuticals Study 68

Tom Spencer

JUNE 27, 2013

We have chosen the talented Ashley Sherman to be an Editor of the Consulting Blog for 2013/14. Currently based in New York, Ashley plans to broaden her international business experience and has secured opportunities to study abroad in two of the world’s leading financial centres, London and Shanghai. in Management Consulting.

Consulting 118

Consulting Case Interview Journal Interviews 118

Harvard Business

JULY 17, 2017

Despite rapid innovations in data processing and machine learning, many businesses have yet to make the leap from the Industrial Age to the information age, and the gap between technological and organizational progress is widening. Some industries, like photography and media, were impacted earlier. The Future of Financial Services.

Financial 44

Financial Industry Banking Talent 44

Clarity Consultants

JANUARY 29, 2023

In fact, in a study posted by Inc., Because of this, a study done by LinkedIn shows that 58% of workers prefer to learn this way rather than do so in person. This not only saves you money, but it also helps prevents you from constantly having to hire new talent and train new individuals consistently.

Training 104

Training Training Course Company 104

Harvard Business

NOVEMBER 7, 2018

For example, talented people are often excluded from leadership positions if they belong to the group that faces discrimination. corporations (including Amazon , Nike , and MasterCard ) that increasing discrimination will leave them unable to recruit, retain, and develop talent.

Study 35

Study Policies Government Talent 35

Harvard Business

DECEMBER 7, 2016

Making the competition for talent even more concerning for leaders in the social sector is the hotly debated “skills gap.” ” How can social sector leaders not only pursue the talent they need, but also convince those people to stay with their organizations? .”

Talent 28

Talent Enterprise Deloitte Leadership 28

Harvard Business

MARCH 28, 2018

We conducted a study specifically focusing on whether the cultural values that CEOs inherit from their parents and grandparents affect their decision-making and their firms’ performance. The banking industry experienced a series of profound competitive shocks in the 1990s. We sought to fill this gap.

Study 34

Study Banking Culture Groups 34

Organizational Talent Consulting

MAY 15, 2023

Evidence from workplace studies on the benefits of character suggests that leaders with high character scores outperform others on company performance metrics. The strategic planner as prophet and leader: a case study concerning a leading seminary illustrates the new planning skills required. Organizational Talent Consulting.

Leadership 78

Leadership Journal Development Survey 78

Peter Stark

JANUARY 6, 2019

As we move into the first quarter of 2019, the war for your top talent is well underway. As a leader, are you prepared to win the war for the top talent? The good news is 2018 was a year when most industries experienced growth. Some studies estimate the cost of replacing an employee can range from thousands of dollars to 1.5

Survey 24

Survey Talent Culture Data 24