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Consulting 101: Operations, Hierarchies, and Types of Firms

Tom Spencer

Learning how consulting firms operate can help you better understand what you would do as an analyst. As a result, you hire a team of consultants to explore and recommend marketing strategies. Partners managing client relationships and are responsible for deals that the firm will engage in. How do Consulting Firms Work?

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5 Benefits of Internal Strategy vs Consulting

Tom Spencer

years in management consulting, I transitioned to a Fortune 50 US company in an internal strategy role. Before outlining the benefits of internal strategy, I want to highlight a few things: I generally enjoyed my time as a consultant and view the firm I left with high regard. Internal strategy isn’t for everyone.

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Have you designed your change and project management capabilities?

Kates Kesler

Change management is not just a skill or a process. This post will dive deeper into building the change and project management capabilities that underpin transformation governance. . Integrated portfolio management. . Change management (CM) excellence. . Project management (PM) excellence.

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Is Strategy still Relevant to Organization Design?

Kates Kesler

The axiom has always been to start with a clear strategy if you want to design a sound organization. But, is detailed strategy work even relevant in a world where the external environment is continually changing, requiring companies to regularly shift direction and priorities? Both strategy and organization have to be dynamic.

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Using the Right Performance Metrics: Watch out for P&Ls

Kates Kesler

We regularly work with CEO’s that are frustrated with leader behaviors that undermine enterprise strategy. Simple financial measures, like P&Ls, are an effective way to visibly drive leader accountability, yet they frequently do not match the complexity of today’s strategies. Note, each leader is still responsible for one LOB.

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The Central versus Decentral Dilemma: How the HR Practitioner can Facilitate a “Center-Led” Solution

Kates Kesler

Agility” is the management word of the decade for sure. HR leaders are often asked: Where should work be managed in the organization? Centralized: Some work and decisions need to be placed at the enterprise level, often when the strategy requires policies or controls to enhance risk management and protect the brand.

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Embracing Healthy Tensions in a Matrixed Organization

Kates Kesler

As a company strategy becomes more dynamic and ambitious, leaders will often shift to a matrixed organization model to help the business excel at doing more than one thing simultaneously. long term vs short term investments, M&A activity, enterprise vs operating unit accountability).