March, 2019

Strategy: Getting back to basics

Consultants Mind

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

One, Powerful Model that Explains Why Your Consulting Firm Wins Projects

David A Fields

From your clients’ perspective, engaging your consulting firm is an emotional decision. The notion that “people act on emotion then justify with logic” has become clichéd.

Podcast Interview on 401(k) Plans and Behavioral Finance Trends

Steve Shu Consulting

Thanks to Rick Unser for having me recently on his 401(k) Fridays podcast. This interview is geared toward defined contribution plan sponsors and those closely related with this segment of the market (e.g., advisors, consultants, recordkeepers, investment only).

Lean is *Not* a Training and Development Activity

Markovitz Consulting

A prospect told me recently that he wanted to work with me to bring lean/continuous improvement to his company, but first he needed to “integrate it into his Training and Development” plans. I told him that he was making a mistake, and that he was likely to fail. If you frame lean/CI as a training and development activity, you won’t get the of buy-in and commitment from staff that you need.

How To Dominate Your Industry with Robin Fisher Roffer: Podcast #78

Consulting Success

Nothing connects people with brands than stories. Master storyteller and media brand strategist, Robin Fisher Roffer takes us into the power of storytelling to dominate your industry.

What is MECE?

Management Consulted

MECE is one concept you must be aware of when preparing for the case interview and joining the consulting industry. The term stands for “Mutually Exclusive, Collectively Exhaustive” and it is a seminal concept in consulting. Consultants work, eat, drink, … Continue Reading. The post What is MECE? appeared first on Management Consulted. Case Interview

More Trending

Your Consulting Firm’s Worst Enemy

David A Fields

It’s easy to imagine your consulting firm’s worst nemesis is a competitive consulting firm, a procurement department, your prospects’ internal staff, or gingivitis. However, the biggest threat to your consulting firm’s growth is much closer to home and much more personal.

The B2B analytics playbook: Capturing unrealized potential in telcos

McKinsey

Telecommunications companies have been leaving money on the table by underinvesting in advanced analytics in their B2B business units relative to their B2C operations. A new tailored approach across these segments can generate much-needed growth and margins. Telecommunications Insights

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How to Lay Off the Cognitive Donuts

Markovitz Consulting

Maggie Jackson, a journalist focusing on the effects of technology on the nature of our humanity, and author of the book Distracted , recently highlighted research showing that the mere presence of a cell phone—even if it’s turned off—lowers “fluid intelligence.” That is, the phone essentially siphons our attention away from what’s in front of us, making it more difficult to solve unfamiliar problems.

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Consulting When The Stakes Are High with Bill Coletti: Podcast #80

Consulting Success

Sometimes, it is exactly the comfort that keeps us from pursuing what we really want.

Chase Sapphire Preferred vs. Chase Sapphire Reserve: Which travel rewards credit card should a consultant choose?

Management Consulted

Chase Sapphire Preferred® Card vs. Chase Sapphire Reserve® : Which travel rewards credit card should a consultant choose? Disclaimer: The MC Team is passionate about travel, and writes about stuff we think you’ll like. Management Consulted may receive a commission from … Continue Reading. The post Chase Sapphire Preferred vs. Chase Sapphire Reserve: Which travel rewards credit card should a consultant choose? appeared first on Management Consulted. consulting travel

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Why you’re not getting any clients from your consulting website

Tsavo Neal

“Why am I not getting any clients through my consulting website?”. If you’re reading this article, you’re asking yourself this question. It’s a question I get all the time. And it’s the primary problem I’m trying to solve in my business — helping consulants get more clients through their website. But it’s the wrong question. We need to break this question down into chunks. Break it down into chunks, and you can turn a lofty goal into a step by step process.

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5 Steps to Overcome Fears That Hold Back Your Consulting Firm

David A Fields

It turns out your consulting firm’s worst enemy isn’t a competitor, a procurement department, or a Rottweiler nicknamed Bitey. No, the greatest impediments to your consulting firm’s forward progress are your personal fears. Every time you transcend your doubts, you open yourself up to a breakthrough.

The platform play: How to operate like a tech company

McKinsey

For tech to be a real driver of innovation and growth, IT needs to reorganize itself around flexible and independent platforms. Digital Insights

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. Winning! Fist pumps! The problem with marketing today is that there are way too many options and it’s much too confusing.

Leading Sales Expert Shares How to Sell More And Feel Good About It with Anthony Iannarino: Podcast #79

Consulting Success

We all want to elevate our brand and get to that next level of success. Anthony Iannarino, coach, consultant, and entrepreneur, believes that everyone has greater potential to make a difference. Over the last few years, Anthony’s brand has grown significantly.

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Deloitte Consulting Summer Internship: 3 Takeaways

Management Consulted

Why do consultants spend so many hours traveling to client sites, running complex analyses, building lengthy presentations, and working for (sometimes) demanding clients? The expensed dinners and travel perks are nice, but arguably, the most important aspect of the job … Continue Reading. The post Deloitte Consulting Summer Internship: 3 Takeaways appeared first on Management Consulted. consulting internship deloitte consulting

Rethinking the four Ps of marketing for consulting services

The Source

Product. Place. Price. Promotion. The original “Four Ps” of marketing, dating back to the 1940s, were all about consumer goods: Designing products, getting them to the right place on the supermarket shelves, working out how much people would pay for them, and advertising.

Disagreements vs. Arguments

CaseInterview.com

Respectful disagreements are extremely helpful and productive. Arguments are a complete waste of time. But wait. aren’t they the same thing? Nowhere close. When two people have a respectful disagreement, they both share their differing points of view and both are interested in hearing and understanding the other person’s point of view. In an argument, each person focuses on telling the other person why they’re right and the other person is wrong.

Transforming Medical Affairs: Tapping the alchemy of storytellers and digital start-ups

McKinsey

The Head of Digital Strategy and Medical Innovation, US Clinical Development and Medical Affairs at Novartis discusses how disruptive technologies and digital innovation are inspiring a start-up mind-set within the organization. Insights on Pharmaceuticals & Medical Products

Marketing Writing: From My Dog’s Perspective

The More Clients Blog

For the purpose of this article, there are only two things you need to know about me: 1. I’ve been writing in my business for 35 years. And pretty much regularly, once a week for 22 years. I own two very adorable, wonderful dogs, Dylan and Meera. One of them, Dylan, is pictured below.

SALE: New Momentum Program for Early-Stage Consultants

Consulting Success

Would you like to know what separates a high 6 or 7-figure consultant who has a waiting list of clients who are drawn to him or her almost magnetically … and a struggling consultant who lives hand to mouth, month to month?

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Bain Case Interview: How to shine

Management Consulted

The Bain case interview has its’ own nuances and slight differences in focus. Not understanding these differences from McKinsey or BCG case interviews could mean the difference between landing an offer at a top firm, or not. Bain, like all management … Continue Reading. The post Bain Case Interview: How to shine appeared first on Management Consulted. Case Interview case interviews

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What are interviewers from consulting firms really looking for?

Tom Spencer

So maybe you’ve gotten to the second round, maybe you’re still waiting to hear back, or maybe you’re hoping to interview again in the next recruitment cycle. Regardless of whichever bucket you fall into, it always helps to see things from the interviewers’ perspective.

Why marketing should be investing in both the digital and the physical

The Source

Unless you’ve been living in a cave for the past ten years (and specifically a cave with no Internet) you don’t need to be told about the importance of digital.

Leadership beyond the C-suite

McKinsey

In this episode of the McKinsey Podcast, Simon London speaks with McKinsey senior partner Claudio Feser and associate partner Nicolai Nielsen about the research in their new book, Leadership at Scale: Better Leadership, Better Results. Leadership

So you don’t want to write a newsletter? Here is a practical alternative.

Rod Burkert

You run into a genie. S/he grants you 3 wishes for your BVFLS practice. What do you wish for? I know I’ve written and talked – a lot – about writing content for your own newsletter or blog. But based on my own experience, I grant you that the writing pace is a serious commitment.

STAR Method

CaseInterview.com

The STAR Method is a way of answering resume-based interview questions that provides interviewers with clear, concrete and concise answers. Interview questions that are answered in the STAR method format get to the heart of what a candidate actually did in a previous work experience.

I'm Back

The Nonprofit Consultant

After four years of working as a "permanent" full-time Executive Director, launching a start-up nonprofit, and only taking a few short-term consulting gigs from existing clients, I am once again available for new opportunities. So, what have I been doing these four years? I took on the challenge of being the first Executive Director of Recovery Cafe San Jose. And, yes, there were many challenges and frustrations, but it was also one of the greatest experiences of my professional life.

The Smart Intern – Practicing Self Observant Leadership

Tom Spencer

‘I think it’s very important to have a feedback loop, where you’re constantly thinking about what you’ve done and how you could be doing it better. I think that’s the single best piece of advice: constantly think about how you could be doing things better and questioning yourself.’

McKinsey wants to eat your lunch—what are you going to do about it?

The Source

The consulting industry’s most prestigious brand may have been harbouring one of its best kept secrets.

Maximize the lifetime value of your sales force

McKinsey

Better and more thoughtful ways to measure the potential lifetime value of each member of the sales force can not only improve talent management but also create more value. Marketing & Sales Insights

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Inside outside

Consultants' Consultant

Consultants Consultant: Trying to make better, more strategic decisions? Trying to break out of the mold of previous behaviours? Trying, even, to build a new paradigm of business? This article (which is a transcript of a podcast) talks about the “inside” vs “outside” view.

Management Consulting Salary Guide for 2019

CaseInterview.com

Management consultant salaries in the United States will vary by position and experience. Starting from the base, fresh graduates (from undergrad institutions) earn an average base pay of $83,500 from top-tier consulting firms.