INDUSTRY INSIGHTS YOUR PEERS ARE READING
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 MORE
Developing excellent strategy consists of just 5 steps. HERE are five steps that you can use to formulate great strategy: Diagnose: assess the lay of the land. Commit: select a strategy. MORE
Do You Know Why Your Strategy May Fail? Not all strategies lead to results…even the best laid plans may not yield the outcomes you hope for. Only 10 Percent of Strategies Get Fully Executed. 9-out-of-10 strategies fail to meet expectations. MORE
Of the big 3 consulting firms, they are the first to step away from the standard … Continue reading → Consultant BCG Consulting Design history StrategyMuch more graphical. Take a look at Boston Consulting Group’s new website here – the design is more graphical, interactive, and actually. MORE
Three strategies to achieve above-average performance: cost leadership, differentiation, and focus. In order to understand Porter’s Generic Strategies, it is helpful to take a step back and examine the two things which determine a firm’s profitability in the long run. MORE
Sunil Gupta, a professor at Harvard Business School, argues that many companies are still doing digital strategy wrong. Gupta says successful digital strategy is more complicated than that. He recommends emulating the multi-faceted strategies of leading digital companies. Gupta’s the author of Driving Digital Strategy: A Guide to Reimagining Your Business. Strategy Technology Audio MORE
But the House is rather an unworldly place and its members and staff may not know what a recognized, professional strategy consultant is expected to do. Formulating strategies. Implementing strategies. None have worked as a “strategy consultant” anywhere else. MORE
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. MORE
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. MORE
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)? MORE
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? MORE
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. MORE
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. MORE
Imagine you’re in court. As the prosecutor states his case, you nervously whisper to your defense attorney, “Should I just tell them…” “No,” your counsel quickly interrupts you. Don’t say anything!” Your advocate’s advice is exactly right for the courtroom. It’s absolutely wrong for the boardroom. MORE
I’ve probably had more conversations about this topic with clients than any other: How to choose the best marketing strategies for one’s professional service business. Over the years, I’ve had tremendous success with three primary marketing strategies. And I’ve also helped a whole lot of clients implement these strategies successfully as well. Social Media (supplemental strategy). MORE
Yesterday’s tentative approaches won’t deliver; you need absolute clarity about digital’s demands, galvanized leadership, unparalleled agility, and the resolve to bet boldly. Digital Insights MORE
Developing a great strategy starts with changing the dynamics in your strategy room. Strategy & Corporate Finance InsightsHere’s how. MORE
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. MORE
So it's no surprise that this year's three most compelling books on the topic of strategy touch on how to plan for, quantify, and cope with unpredictability -- in life, business, nature, and geopolitics. Business, like life, is inherently uncertain. MORE
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. MORE
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. MORE
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. MORE
According to McKinsey, transformational mergers are rare “because the circumstances have to be just right, and the management team needs to execute the strategy well.”. MORE
List of Australian Strategy Firms in 2013. BELOW is a hand-picked list of leading Australian strategy firms. This list will be of interest to you if: you’re a student who wants to work for a leading strategy firm, or. Pacific Strategy Partners. MORE
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 MORE
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 MORE
A successful firm will need to pursue sound strategy and, at the same time, stay on top of its finances. Business Strategy consulting finance Management Consulting The financier cares about the next 3 months or less. The strategist cares about the next 3 years or more. The financier wants the deal to close as soon as possible so that he can earn his bonus. MORE
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? MORE
A service business needs to be agile with digital marketing if it wants to succeed today. Digital marketing growth expert Lisa Apolinski shares tips on how to grow a services business with digital services marketing MORE
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 MORE
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 MORE
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. MORE
The post Strategy&: Why is having the right strategy more important than ever? Consultant Strategy Videoappeared first on Consultant's Mind. MORE
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? MORE
Effective Strategy Execution Matters. What good is a new strategic direction without effective strategy execution? Why Strategies Stall. The track record of strategy execution is not very good. Three Essentials of Effective Strategy Execution. MORE
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 MORE
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. MORE
The Ability to Motivate Employees When Strategy Shifts Matters. There are all kinds of internal and external reasons to purposefully shift your strategy. Regardless of the cause, the best leaders know how to motivate employees when strategy shifts occur. MORE
Strategy Related Topics Consulting Success
OCTOBER 22, 2018
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
Consultants Mind
JANUARY 26, 2018
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.
Consultants Mind
JULY 20, 2017
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
Consultants Mind
FEBRUARY 27, 2017
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.
Consulting Success
JULY 26, 2018
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.
Management Consulted
NOVEMBER 28, 2017
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
David A Fields
JUNE 12, 2018
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?
Consultants Mind
JUNE 17, 2013
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.
Consultants Mind
JANUARY 19, 2018
The post Strategy&: Why is having the right strategy more important than ever? Consultant Strategy Videoappeared first on Consultant's Mind.
Tom Spencer
SEPTEMBER 7, 2014
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.
Consulting Success
JUNE 18, 2018
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
Tom Spencer
JULY 23, 2015
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+Business
NOVEMBER 4, 2018
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?
Tom Spencer
JULY 6, 2014
Three strategies to achieve above-average performance: cost leadership, differentiation, and focus. In order to understand Porter’s Generic Strategies, it is helpful to take a step back and examine the two things which determine a firm’s profitability in the long run.
McKinsey
JANUARY 19, 2018
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
McKinsey
SEPTEMBER 5, 2018
Most digital strategies don’t reflect how digital is changing economic fundamentals, industry dynamics, or what it means to compete. Strategy & Corporate Finance Insights
David A Fields
MAY 15, 2018
Imagine you’re in court. As the prosecutor states his case, you nervously whisper to your defense attorney, “Should I just tell them…” “No,” your counsel quickly interrupts you. Don’t say anything!” Your advocate’s advice is exactly right for the courtroom. It’s absolutely wrong for the boardroom.
Markovitz Consulting
JUNE 13, 2018
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
Tom Spencer
JULY 15, 2013
List of Australian Strategy Firms in 2013. BELOW is a hand-picked list of leading Australian strategy firms. This list will be of interest to you if: you’re a student who wants to work for a leading strategy firm, or. Pacific Strategy Partners.
Steve Shu Consulting
NOVEMBER 19, 2017
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)?
Jacq Hackett Consulting
SEPTEMBER 27, 2017
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.
LSA Global
SEPTEMBER 19, 2018
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.
McKinsey
FEBRUARY 1, 2018
Which matters more—great strategy or great execution? New research finds that strategy wins, especially disruptive strategies that respond powerfully to digitization. Our Insights
McKinsey
AUGUST 15, 2018
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
Tom Spencer
FEBRUARY 25, 2017
But the House is rather an unworldly place and its members and staff may not know what a recognized, professional strategy consultant is expected to do. Formulating strategies. Implementing strategies. None have worked as a “strategy consultant” anywhere else.
Joellyn Sargent
NOVEMBER 5, 2015
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.
Steve Shu Consulting
APRIL 12, 2010
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?
McKinsey
OCTOBER 18, 2018
Yesterday’s tentative approaches won’t deliver; you need absolute clarity about digital’s demands, galvanized leadership, unparalleled agility, and the resolve to bet boldly. Digital Insights
Steve Shu Consulting
APRIL 26, 2010
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.
McKinsey
MARCH 7, 2018
Lack of certainty about the future is the very reason you need a strategy. Strategy & Corporate Finance InsightsInstead, embrace probability.
McKinsey
APRIL 16, 2018
Developing a great strategy starts with changing the dynamics in your strategy room. Strategy & Corporate Finance InsightsHere’s how.
LSA Global
OCTOBER 2, 2018
The Ability to Motivate Employees When Strategy Shifts Matters. There are all kinds of internal and external reasons to purposefully shift your strategy. Regardless of the cause, the best leaders know how to motivate employees when strategy shifts occur.
LSA Global
NOVEMBER 5, 2018
Effective Strategy Execution Matters. What good is a new strategic direction without effective strategy execution? Why Strategies Stall. The track record of strategy execution is not very good. Three Essentials of Effective Strategy Execution.
The More Clients Blog
OCTOBER 8, 2018
I’ve probably had more conversations about this topic with clients than any other: How to choose the best marketing strategies for one’s professional service business. Over the years, I’ve had tremendous success with three primary marketing strategies. And I’ve also helped a whole lot of clients implement these strategies successfully as well. Social Media (supplemental strategy).
Tom Spencer
JULY 28, 2013
According to McKinsey, transformational mergers are rare “because the circumstances have to be just right, and the management team needs to execute the strategy well.”.
Henry DeVries
SEPTEMBER 21, 2018
A service business needs to be agile with digital marketing if it wants to succeed today. Digital marketing growth expert Lisa Apolinski shares tips on how to grow a services business with digital services marketing
McKinsey
FEBRUARY 9, 2018
If you internalize the real odds of strategy, you can tame its social side and make big moves. Our Insights
Harvard Business
AUGUST 28, 2018
Sunil Gupta, a professor at Harvard Business School, argues that many companies are still doing digital strategy wrong. Gupta says successful digital strategy is more complicated than that. He recommends emulating the multi-faceted strategies of leading digital companies. Gupta’s the author of Driving Digital Strategy: A Guide to Reimagining Your Business. Strategy Technology Audio
LSA Global
SEPTEMBER 20, 2017
Do You Know Why Your Strategy May Fail? Not all strategies lead to results…even the best laid plans may not yield the outcomes you hope for. Only 10 Percent of Strategies Get Fully Executed. 9-out-of-10 strategies fail to meet expectations.
Strategy+Business
OCTOBER 30, 2016
So it's no surprise that this year's three most compelling books on the topic of strategy touch on how to plan for, quantify, and cope with unpredictability -- in life, business, nature, and geopolitics. Business, like life, is inherently uncertain.
Tom Spencer
JANUARY 25, 2015
A successful firm will need to pursue sound strategy and, at the same time, stay on top of its finances. Business Strategy consulting finance Management Consulting The financier cares about the next 3 months or less. The strategist cares about the next 3 years or more. The financier wants the deal to close as soon as possible so that he can earn his bonus.
Tom Spencer
NOVEMBER 3, 2013
Developing excellent strategy consists of just 5 steps. HERE are five steps that you can use to formulate great strategy: Diagnose: assess the lay of the land. Commit: select a strategy.
BCG
APRIL 7, 2017
Many executives criticize their annual strategy-setting process for being poorly suited to today’s fast-changing markets. Article Friday, April 07, 2017.
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