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Researching Consulting Firms

Tom Spencer

IN this post we look at researching consulting firms. Why, how and what should you research? Below we provide some ideas to help make your research as effective and efficient as possible. Why should you research? How should you research? What should you research?

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How Smart Speakers Are Poised to Reinvent the Travel Industry

Harvard Business

Travelers with an Alexa device at home can book a car rental or hotel through Expedia and Kayak. On many fronts, artificial intelligence-powered smart speakers and apps seem poised to become the world’s virtual travel agents. The adoption of smart speakers is even outpacing that of smartphones a decade ago: An NPR-Edison Research study found that 18% of adults in the United States, or 43 million people, now own a smart speaker. A voice-enabled travel era.

Women Book Business Travel Earlier, Saving Companies Millions

Harvard Business

The demand for business travel is gender-independent, but men and women demonstrate different travel habits that impact the bottom line. We know from previous research that women react more strongly to unforeseen events and are more stressed than men when traveling for work.

The Hidden Benefits of Short-Term Business Travel

Harvard Business

Despite the inherent fatigue and the surface appearance of monotony, business travel can be more than just getting work done in a new location. First, traveling abroad can build your confidence. In fact, short-term travel can often test people more than long-term assignments.

B2B Salespeople Need to Act More Like Travel Agents

Harvard Business

Consider what’s happened with travel: With the explosion of internet travel sites in the 2000s, consumers took charge of their own travel, and travel agencies hemorrhaged business. According to the travel and leisure marketing firm MMGY, the use of travel agents increased by 50% from 2014 to 2015. Because consumers, overwhelmed by information and inundated with choices, are again turning to travel agents to take the work out of travel planning.

Just How Bad Is Business Travel for Your Health? Here’s the Data.

Harvard Business

I went with the pizza, but my lack of choices was annoying — so much so that, when I got home, I started looking into the data on health and travel for work. According to the Global Business Travel Association and American Express , Americans took more than 500 million domestic business trips in 2016. To investigate the link between business travel and chronic disease conditions, my colleagues and I turned to de-identified electronic medical record data from EHE, Inc.,

Research: Hiring Managers Are Biased Against People with Longer Commutes

Harvard Business

So my team of research assistants and I identified a collection of low-wage jobs in Washington, D.C. Likewise, frequently changing work schedules may disrupt precarious travel arrangements for otherwise productive workers. shanghaiface/Getty Images.

Millennials Are Actually Workaholics, According to Research

Harvard Business

The researchers surveyed roughly 5,000 full-time employees who receive paid time off as a benefit, and found that Millennials were much more likely to agree with four statements they used to assess work martyrdom: “No one else at my company can do the work while I’m away.”

What Nursing Parents Need to Know About Pumping During Work Travel

Harvard Business

But if the new parent’s return involves business travel, and that parent has chosen to nurse, it’s even more complicated. While it’s common for new parents to feel stressed about juggling life at work and home, for a pumping, traveling parent the stress can be heightened. “I went about looking for how to pump and travel,” she told me. Become a Travel-Logistics Master.

Research: Women and Men Are Equally Bad at Multitasking

Harvard Business

For example, women came out as better multitaskers when researchers used fMRI scans to measure brain activity, computer tests to measure response times, and an exercise in which people walking on a treadmill had to simultaneously complete a cognitive task. Daniel Grizelj/Getty Images.

Research: Why Americans Are So Impressed by Busyness

Harvard Business

Cadillac’s “ The Only Way to Travel ” campaign in the 90’s). “What is a ‘weekend?’” ’” Violet Crawley, the Dowager Countess of Grantham, famously asked during the first season of Downton Abbey, set in 1912. The joke, of course, is that the Dowager Countess is too aristocratic to even recognize the concept of a week divided between work and leisure.

Research: When a Retail Store Closes, Crime Increases Around It

Harvard Business

The benefits that have been cited for colocating housing and retail establishments include reduced travel distances, more-pedestrian-friendly neighborhoods, and stronger local character. Recent research suggests another important potential benefit: Retail establishments may play an important role in crime prevention. In our research , we examined the effect on crime of temporarily shuttering two types of retail businesses: medical marijuana dispensaries (MMDs) and restaurants.

Research: Perhaps Market Forces Do Work in Health Care After All

Harvard Business

Our research group explored whether health care is uniquely different and found evidence that market forces operate in health care with surprising consistency and impact. This fact is reiterated by our finding that even for emergency conditions, Medicare patients are willing to travel to higher-performing hospitals to receive better care. For heart attacks, patients studied were willing to travel 1.8

How Many People Really Combine Work Trips with Vacation?

Harvard Business

In corporate travel, extending a business trip for personal purposes is known as “bleisure,” an awkward term that’s only saving grace is that it’s less awful than the alternative, “bizcation.” ” Bleisure travel has received considerable attention lately, with some traveler surveys suggesting that as many as 6 out of 10 people have tacked on personal time to a business trip. Companies should also take bleisure travel into account.

Why Public Health Organizations Should Partner with Academic Institutes - SPONSOR CONTENT FROM QATAR FOUNDATION

Harvard Business

In a recent article, The Guardian newspaper called for the National Health Service to turn to universities as a key resource, arguing that the research ecosystem in the UK is fragmented and more partnerships that align expertise with the goal of improving public health are needed.

How Understanding the Employee Brain Will Make You a Better Leader - Interview with Josh Schneider

Strategic Planning and Management Insights

Josh spends his days traveling, writing, and speaking at conferences, and has developed this institute to fund research that matches the stories and examples that were being seen in the workplace, along with topics such as meaningful and fulfilling work.

Behind-The-Scenes Look At How To Deliver a TEDx Talk

Melissa Agnes

I broke up my TEDx talk preparation into four stages: Research. Step 1: Research. Once I felt as though my research had been thoroughly completed, I began the task of outlining my message for the talk. Melissa's Speaking and Travel Fun

Industry-Academic Partnerships Can Solve Bigger Problems

Harvard Business

But that’s the goal of Saint-Gobain Research India (SGRI), an organization employing over a hundred scientists in the sprawling IIT-Madras Research Park, recently rated India’s top engineering school. Research & development South Asia Digital Article

How Service Companies Can Earn Customer Trust and Keep It

Harvard Business

I’ve learned that truth from 40 years of conducting research in the fields of services marketing, service quality, and health services. Customer service Operations management Branding Hospitality Travel Digital ArticleBeing perceived as unreliable or unfair is a sure way for a service company to lose the trust of its customers. Companies that serve customers who are in a state of stress are especially vulnerable to losing customers’ trust when they perform poorly.

What Research Tells Us About How Women Are Treated at Work

Harvard Business

We publish a lot of articles based on new research (you may have noticed). The methodology: Career center questionnaires were completed by 355 incoming business school students (241 men and 114 women) regarding their job preferences (desired compensation, hours of work, and days per month of travel). The question: The initial aim of the research was to help financial decision makers develop better processes.

Research: Political Polarization Is Changing How Americans Work and Shop

Harvard Business

According to data from the Pew Research Center, 45% of Republicans and 41% of Democrats think the other party is so dangerous that it is a threat to the health of the nation. Bean and Macy’s, and the #DeleteUber hashtag spread after Uber failed to support New York taxi drivers’ protest of the administration’s travel ban. After the bruising and contentious 2016 U.S.

Your Business Is Going to Depend on Connected Spenders, So You’d Better Understand Who They Are

Harvard Business

Our research indicates that five questions can help point the way: Do they have access to the internet? Connected spenders are the heaviest purchasers in categories including electronics, travel, and dining out, and they’re likely to be early adopters of new ways to buy in any category. Customers Market research Emerging markets Digital ArticleConsumer-facing companies are at a loss.

Understanding the Evolving Cuban Consumer


Restrictions on trade and travel are easing. Both Pope Francis and the Rolling Stones traveled to Cuba during the past year, highlighting the scope of global interest in the country. A third will analyze the country’s travel and tourism industry. Focus Thursday, June 02, 2016.

Bid Before 7 p.m. October 18 for WIC Online Auction

Women in Consulting

Jen Berkley Jackson, The Insight Advantage , All Vista Travel. Katrina Noelle, KNow Research. By: Judy Dang. :: We have 44 items from these generous donors to tempt you. Don’t miss out. Easy bidding online or via text. Bid Here. Thank You to Our Donors.

First Six Months – Adjusting to Consulting Life

Tom Spencer

What you see is what you get in consulting, and after spending time interviewing with the people, understanding business case analysis, and researching the firms, I knew what I would be getting into at Bain.

The Data Digest: Customer Service Has Gone Digital

1 to 1

In the past week, I have booked a flight using a travel voucher, questioned a charge on my credit card bill, and bought an electric toothbrush. What do these experiences have in common?

Data 49

Why Consulting: The 2019 Ultimate Guide


A great possibility to travel. It is not unusual that consultants will travel to other countries to work on projects. Besides that, you can research what skills are currently in high demand and which areas you can expect to get top consulting jobs. Why consulting?

How an Airplane Laptop Ban Would Expose Company Data to Espionage

Harvard Business

Millions of global travelers are anxiously awaiting the answer to this question. Aside from another terrorist group disrupting world-wide travel operations at a cost of hundreds of billions of dollars , the other big winners from an increased ban could be foreign intelligence services. million people, earning an average salary of $152,868, traveled to Europe on business in 2015. Much of this theft occurs while American business travelers are operating overseas.

The Science of Burnout: Interview with Dr. Sangeeta Pati

Consulting Matters

Well I was born in the United States and traveled and got exposed to a lot of schooling abroad, which obviously ultimately has influenced where I have gone in medicine. Betsy: I remember the first time I traveled with my kids together. Interview Transcript: Betsy: Good afternoon.

Due Diligence by Management Consulting Firms

Tom Spencer

During one of my internships I worked on a due diligence project, which involved conducting market research to help a PE firm decide whether to acquire a major stake in a joint venture owned by one of the largest telecom companies in Asia.

What is consulting?

Tom Spencer

When people think of consultants, they tend to visualize professionally suited employees, degrees from the best schools, high pay-checks and fancy travel stories. Consultants specialized in forensic research and litigation support also fall under the Financial Advisory segment.

What Do Consultants Do Each Day?

Tom Spencer

Consultants work on projects of varying lengths, and are often required to travel to work on site with the client. Projects typically follow a predictable cycle which involves five stages: pitching, hypothesis generation, research and analysis, reporting, and implementation. Consultants who are “on the beach” (that is, not staffed on a client project) may spend time researching prospective clients and supporting the firm’s marketing and business development efforts.

Amex, Macy's, and Rite Aid Take a Stab at a Multi-Brand Loyalty Program

1 to 1

In fact, the average American household holds memberships in 29 loyalty programs across the retail, financial services, and travel industries, but actively uses only about 12 of them, according to loyalty marketing research company Colloquy. The retail landscape is crowded with loyalty programs giving consumers a plethora of points, discounts, and rewards-based memberships to choose from.

An Unconventional Path: One Medical Student’s Journey Into Consulting

Tom Spencer

standardized test, personal statement, shadowing, research, etc.). I decided to pursue a master’s degree alongside my current training in order to better understand how clinical research played a driving role in the pharmaceutical and medical device business world.

From Internship To Full-Time Job: The Best Way Into Consulting

Tom Spencer

Working 80+ hours during stressful weeks, not being home (or having any notable social life) between Monday and Thursday, frequent travel, and a high-pressure work environment can really take a toll on some people.

What Cuba’s Economic Evolution Means for Multinationals


On the basis of our research, we believe that Cuba’s GDP growth will grow by 2% to 4% annually over the next five years. In addition, the US government will have to further ease trade and travel restrictions. Article Thursday, April 21, 2016.