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?

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

BCG: Atlas of Strategy Traps

Consultants Mind

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.

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.

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.

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?

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?

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!

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.

Porter’s Generic Strategies

Tom Spencer

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.

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

List: Aussie Strategy Firms 2013

Tom Spencer

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.

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)?

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

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

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.

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.

Understanding Digital Strategy

Harvard Business

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

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.

Is Peter Mandelson really a strategy consultant?

Tom Spencer

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.

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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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

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.

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

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

Mergers & Acquisitions: Strategy

Tom Spencer

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.”.

Eight shifts that will take your strategy into high gear

McKinsey

Developing a great strategy starts with changing the dynamics in your strategy room. Strategy & Corporate Finance InsightsHere’s how.

Memo to the CEO: Is Your Chief Strategy Officer Set Up for Success?

Strategy+Business

The chief strategy officer role has drifted from its original purpose. But there are easy ways to reboot the role and help your CSO drive value creation

Best Business Books 2016: Strategy

Strategy+Business

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.

5 Steps to Creating Great Strategy

Tom Spencer

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.

Finance vs Strategy

Tom Spencer

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.

Why Your Strategy May Fail

LSA Global

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.