article thumbnail

How to Manage a More Experienced Direct Report

CaseInterview.com

The ham radio operations team reporting to me will be far more capable at radio operations than I am. I will have physicians and nurses from a volunteer medical core running medical operations who will report to me too. Assign issues to direct reports. Your direct report has functional expertise.

Report 105
article thumbnail

Desperate Times Call for Effective Turnarounds

BCG

Many transformation initiatives focus on improving a company’s financial and operational performance from “good” (or moderate) to “great”—that is, the company is already doing well in some or most areas, yet management still sees a need to make improvements. We refer to these as turnaround and restructuring efforts.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AlixPartners Interviews and Culture

Management Consulted

AlixPartners is an international business advisory firm based in Southfield, MI known for its work in corporate turnarounds, bankruptcy assignments and restructuring. Generally regarded as turnaround market leaders, AlixPartners is doing a killer job at taking up more room in the consulting space by strategically hiring a plethora of gurus.

article thumbnail

The Consulting Value Proposition

Tom Spencer

Turnarounds. In an apparent attempt to stop McKinsey poaching key talent, AlixPartners sued its former employees (Eric Thompson, managing director of AlixPartners’ Hong Kong office, and Ivo Naumann, head of its Shanghai branch) on claims that they misappropriated trade secrets before they left the firm’s Asian operations.

article thumbnail

7 Critical Success Factors for Project Based Firms to Consider in 2024

Progressus

CSFs can literally be anything — whether it’s improving customer satisfaction, increasing revenue, reducing operating costs, or something specific to a particular project or deliverable – making them somewhat difficult to identify – let alone define in concrete terms. Are project operations, sales, customer service, etc.

Agile 52
article thumbnail

Business Buy-Sell and the Business’s Status – #3

Martinka Consulting

I like to say (especially to business buyers with stars in their eyes) that, “turnarounds make headlines because they are rare.” Systems in place that increase productivity and can be implemented by numerous people (no dependency on one tech person, one machine operator, etc.).

article thumbnail

Sample Consulting Case Questions

Tom Spencer

Its share price fell from $310 to $200 per share on reports of declining profits. Operations. A leading financial services company is trying to reduce operating expenditures. Turnarounds. The questions are broken down into seven (7) question types to make them easier to digest. Declining Profitability. Our client is eBay.