Strategy: Getting back to basics

Consultants Mind

The post Strategy: Getting back to basics appeared first on Consultant's Mind. Consulting Strategy

Strategy, Simplified

Management Consulted

The post Strategy, Simplified appeared first on Management Consulted. What sets great business leaders apart from merely good ones? What will cause us, as we navigate the daunting gap between good and great, to succeed or fail? Honestly, I don’t know. Books have been written on the topic, and … Continued. case studies

Strategy consulting 2018 compensation survey

Consultants Mind

Charles Aris – executive recruiter out of North Carolina – do a great job of placing ex-strategy consultants. The post Strategy consulting 2018 compensation survey appeared first on Consultant's Mind. Management consultants make good coin.

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McKinsey Quarterly: The perils of bad strategy

Consultants Mind

Like anything valuable, good strategy is rare. Richard Rumelt, UCLA professor, outlines 4 common ways that companies often fool themselves into a bad strategy in a McKinsey Quarterly article here. Based on his book Good Strategy Bad Strategy: The Difference and Why It Matters (2011) (affiliate link). Bad strategy definitely exists. Consultant bad strategy McKinsey Quarterly Strategy

McKinsey: Testing your strategy

Consultants Mind

McKinsey, in a 2011 article entitled Have Your Tested Your Strategy Lately?, makes the very valid point that executives and leaders too often treat strategy as a ” procedural exercise or set of frameworks”, rather than a way of thinking through problems. McKinsey’s advice is to not look for the newest strategy fad or business guru, but instead… Read More » The post McKinsey: Testing your strategy appeared first on Consultant's Mind.

Hidden Benefits of Off-Strategy Consulting Projects

David A Fields

Don’t let off-strategy projects (a.k.a. bad work”) crowd out your ability to accept on-strategy projects. How could you connect his situation, your approach to solving his problem, or any lessons you learn from working on George’s issue, back to your consulting firm’s core strategy?

Why culture trumps strategy

Consultants Mind

I first heard the phrase “Culture Trumps Strategy” in 2008. It’s why I like … Continue reading → Learning Consulting Culture Leadership Strategy Intuitively this makes sense. Culture lasts. Culture is everywhere. Employees don’t need online training to understand it. It’s who we are. It’s what we stand for.

Marketing Consulting Business Strategies with Michael Brenner: Podcast #59

Consulting Success

Marketing Consulting Business Strategies with Michael Brenner: Podcast #59 is a post from: Consulting Success. Consulting Success Podcast keynote speaking leadership coaching marketing consulting marketing consulting strategies Marketing Insider Group Michael Brenner secret of happiness mode

Strategy&: Why is having the right strategy more important than ever?

Consultants Mind

The post Strategy&: Why is having the right strategy more important than ever? Consultant Strategy Videoappeared first on Consultant's Mind.

What Marketing Strategy Is the Best for You?

The More Clients Blog

If you pick the right marketing strategy, you’ll be like that little guy in the middle of my diagram above. Well, I lay down on my bed last week with a notepad and started to map out my “Unified Theory of Marketing Strategies” with an emphasis on online marketing.

Guide to Value-Based Pricing for Consultants: 10 Experts Share Their Fee Strategies

Consulting Success

Guide to Value-Based Pricing for Consultants: 10 Experts Share Their Fee Strategies is a post from: Consulting Success. You, the consultant, want to earn more money in your consulting practice.

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Marketing Strategies for Consultants Study: 2018

Consulting Success

I’m excited to share the results of our 2018 Marketing Strategies for Consultants Study. Marketing Strategies for Consultants Study: 2018 is a post from: Consulting Success. Marketing is always a hot topic for consultants. Many struggle with it. Few excel in it. All must do it to attract new clients and grow their business.

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Why the Ferrari Strategy May Beat Your Consulting Firm’s Current New Business Strategy

David A Fields

Your consulting firm has a hot lead with California-based, Death Valley Electrical (a.k.a. DVE), a surprisingly large company you’ve never worked with before. The project scope is modest, but you sense that a small engagement could lead to a long, profitable relationship. How should you proceed?

Growth Strategies

Tom Spencer

Growth strategy begins with identifying the source of the problem – you will want to look at customers, products, the company and its competitors. They want to develop a growth strategy for the next five years.

Seeing your way to better strategy

McKinsey

Viewing strategy choices through four lenses—financial performance, markets, competitive advantage, and operating model—can help companies debias their strategic dialogues and make big, bold changes. Strategy & Corporate Finance Insights

Best Business Books 2018: Strategy

Strategy+Business

These are key questions for anybody charged with developing strategy for a large organization. And these key questions are answered with clarity and verve in this year's best business books on strategy. How can you innovate to avoid irrelevance?

A winning operating model for digital strategy

McKinsey

Digital is driving major changes in how companies set and execute strategy. New survey results point to four elements that top performers include in their digital-strategy operating model. Digital Insights

How to avoid digital-strategy pitfalls

McKinsey

Most digital strategies don’t reflect how digital is changing economic fundamentals, industry dynamics, or what it means to compete. Strategy & Corporate Finance Insights

Why digital strategies fail

McKinsey

Most digital strategies don’t reflect how digital is changing economic fundamentals, industry dynamics, or what it means to compete. Companies should watch out for five pitfalls. Our Insights

Strategy Consulting – Reflections on the First Six Months

Tom Spencer

Amber Holzmeister graduated from the University of Chicago Booth School of Business last June, and began working at KPMG Strategy in San Francisco back in August 2018. Consulting Firms strategy consulting

The So What Strategy – A Highly Recommended Book for Business Communications

Steve Shu Consulting

I’ve recently read “The So What Strategy,” a book on business communications, and wanted to share my thoughts on the book. So what do I think about “The So What Strategy” by Davina Stanley and Gerard Castles (formerly communications specialists at McKinsey & Company)?

OC&C Strategy Consultants Interview and Culture

Management Consulted

OC&C STRATEGY CONSULTANTS INTERVIEWS & CULTURE . Today we continue our firm profile series with an in-depth review of OC&C Strategy Consultants. KEY STATS FOR OC&C STRATEGY CONSULTANTS . OC&C Strategy Consultants Website: [link]. Operational Strategy.

Need Clients Now? 5 Strategies to Quickly Get More Consulting Clients

Consulting Matters

If you want to achieve sustainable success as a consultant - ideally you want to create a marketing system to ensure you have a consistently full pipeline of right-fit clients. However, there will be times when you have to feel the cash flow pressure and need to find clients.right now!

Six Failure Modes to Avoid in Strategy Deployment

Markovitz Consulting

I just wrote a new article for Industry Week on common failure modes in strategy deployment (hoshin kanri). Here are the key points: No, you’re not an army of one. Projects are not chocolate: more is not better. Fear the walking dead. And the zombie projects. Beware the Hemmingway rule of bankruptcy. For god’s sakes, not another email. Look through the windshield. Not the rear-view mirror. Intrigued? Read the full article here

The essential components of a successful L&D strategy

McKinsey

The ACADEMIES framework is a useful tool for conceptualizing learning strategy. Insights on Organization

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Five strategies to hone your project management skills

Jacq Hackett Consulting

Here are five strategies to keep you on track. For example, a final project plan, a stakeholder consultation strategy, a findings paper, a report. My strategy is always to do what I can from my end to facilitate these deadlines being met, for example reminding the client well in advance of what’s due, or setting up a progress call to keep things moving. As a consultant, your working life now revolves around projects and one of your key roles is project manager.

5 Ways Tech Consulting differs from Strategy Consulting

Management Consulted

Last week, we explored how Tech consulting experience can hurt you when it comes to applying for more strategy-focused roles, and how to mitigate this during the recruiting process. The post 5 Ways Tech Consulting differs from Strategy Consulting appeared first on Management Consulted. While tech consulting is incredibly meaningful work (not to mention the … Continued. management consulting

Five Fifty: Strategy vs execution

McKinsey

Which matters more—great strategy or great execution? New research finds that strategy wins, especially disruptive strategies that respond powerfully to digitization. Our Insights

How To Help Ensure Strategy Scorecards Don’t Fail You

Steve Shu Consulting

For many strategy engagements, a lot of attention is paid to the detailed analysis framework. Regardless of strategy technique, one key output of these efforts is often a scorecard summary. For example, should a benchmarking framework be used?

Stop Chasing Likes: Social Media Success Start with Strategy

Joellyn Sargent

It ignores strategy. Social media without strategy is simply a hobby, and a time-consuming one at that. I’m not suggesting that Buffer doesn’t have a clear social strategy. Start with Strategy. Even with a great strategy, things change.

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Book Review of “The New How” (Business Strategy Book)

Steve Shu Consulting

It is atypical for me to write a book review for this blog, but Nilofer Merchant’s “ The New How: Creating Business Solutions Through Collaborative Strategy ” is very respectable contribution to both audiences of this blog and the process of strategy development in general.

Bulger Partners – Strategy Consulting for the Software Economy

Management Consulted

In fact, the firm is already beating out heavyweights such as McKinsey, Bain, and Parthenon-EY for strategy projects in the tech sector due to better industry specialty. What makes Bulger Partners even more unique among consulting firms is the fact that the firm houses Strategy Consulting and Investment Banking arms under the same roof, and even has a small PE fund. The post Bulger Partners – Strategy Consulting for the Software Economy appeared first on Management Consulted.

Inside the strategy room: One CEO’s approach

McKinsey

Deanna Mulligan, president and CEO of Guardian Life Insurance, reflects on how she approaches strategy planning in an industry with strong headwinds. Strategy & Corporate Finance Insights

How to confront uncertainty in your strategy

McKinsey

Lack of certainty about the future is the very reason you need a strategy. Strategy & Corporate Finance InsightsInstead, embrace probability.

6 Ways to Better Communicate Your Strategy

LSA Global

Good Strategies Pay Dividends and Get Implemented Consistently. If you better communicate your strategy, your chances for success increase dramatically. Good strategies outline clear and compelling choices about what actions to take and where to play.

The BraveHeart Exit Strategy Consultants Randy And Ellen Long: Podcast #41

Consulting Success

Maybe it’s time for you to start an exit strategy the BraveHeart way with Randy and Ellen Long to teach you how. The BraveHeart Exit Strategy Consultants Randy And Ellen Long: Podcast #41 is a post from: Consulting Success. Consulting Success Podcast consultants Michael Zipursky Randy And Ellen Long The BraveHeart Exit The BraveHeart Exit Strategy The BraveHeart Exit Strategy Consultants Randy And Ellen Long

Culture vs Strategy

Tom Spencer

Strategy involves understanding your current position, deciding on a destination, and charting a course from here to there. Culture is arguably more important than strategy because, if you look at it over the lifetime of a product or an organisation, the culture is the only thing that will really matter. The strategy and the products are today’s strategy and today’s products, but over time the strategies and the products will change while the culture will remain.

Strategy to beat the odds

McKinsey

If you internalize the real odds of strategy, you can tame its social side and make big moves. Our Insights

Your customer service strategy

Seth Godin Blog

Of course, the strategy doesn’t always have to be expensive. The thing about strategies is that you and your team can work to maximize them. The truth about strategy in a competitive environment: If you are doing what everyone else is doing, if you are inside the band of common, then it’s not an approach that will move you forward. The only way to use customer service as a growth strategy is to be outside the accepted norms.

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Will Tech Consulting experience help me in recruiting for Strategy Consulting?

Management Consulted

It’s a question we get asked all the time: How do strategy firms (or practices) see tech consulting experience? If your main goal is strategy consulting, will this experience help or hurt come recruiting season?