Strategy: Getting back to basics

Consultants Mind

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

5 Consultant Strategies for Getting Unstuck

David A Fields

The post 5 Consultant Strategies for Getting Unstuck appeared first on David A. You’re stuck. Or your consulting firm is stuck. A task or goal has claimed permanent residence on your to-do list.

US Healthcare Strategy?

Consultants Mind

The post US Healthcare Strategy? US Healthcare has so much potential, yet, it remains a super-fragmented, inefficient, and often unjust system. In sum, it’s broken in many places. In the fall, I facilitate a graduate-level course where we try to grok the root causes of an industry which is 1/5 of the economy, and by some estimates, 1/3 of it […]. appeared first on Consultant's Mind. Learning healthcare

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.

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

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.

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 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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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&: 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.

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.

The right digital-platform strategy

McKinsey

Many incumbents are starting to build their own platforms or to forge ties with others. The penalty for not playing may be steep. Digital Insights

Productized Services: Strategy or Implementation?

Kai Davis

A productized service can be focused on strategy, on implementation, or on strategy + implementation. The post Productized Services: Strategy or Implementation? The easiest productized services to start with, market, and sell are ones that are focused on implementation.

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.

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.

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?

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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5 Myths About Strategy

Harvard Business

Strategy Digital ArticleWhy we believe them and why we’re wrong.

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!

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?

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

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

3 Steps to Align Your Pricing Strategy with Your Growth Strategy

LSA Global

Is Your Pricing Strategy Aligned with Your Growth Strategy? If your pricing strategy does not fit your sales strategy, sales capabilities, or marketplace it will be difficult to grow profitably. Don’t let misaligned pricing strategies derail your growth plans.

3 Signs of Good and Bad Strategies

LSA Global

Ineffective Strategies Hinder Growth. Because they don’t understand the difference between good and bad strategies, their strategic plans are flawed from the beginning. 3 Signs of a Bad Corporate Strategy. A bad strategy: 1. A Good Corporate Strategy.

Confronting overconfidence in talent strategy, management, and development

McKinsey

Best practices are well understood. But are companies following them as closely as their leaders claim? Future of Work

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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

The evolving perspectives and strategies of dairy executives

McKinsey

The past several years have seen a significant shift in how dairy CEOs are viewing future opportunities. Insights on Consumer Packaged Goods

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

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.

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

3 Proven Leadership Tips to Operationalize Your Strategy

LSA Global

Is Your Strategy Set Up to Be Operationalized? Are you ready to operationalize your strategy? A strategy without people consistently implementing it together is useless. And yet IBM found that less than 1 out of 10 strategies are effectively executed.

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

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.