December, 2023

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[Join In!] 3rd Intergalactic Consulting Haiku Contest

David A Fields

David’s vacation:He’s off in ArgentinaLet’s play with Haiku! (Author’s admission:Most of these haiku are onesI’ve published before.) (For those who don’t know…Haiku: three lines; syllables:five, seven then five.) A new prospect calls.Excited, I ask questionsthen quote a high fee. One more week gone, andthe proposal isn’t signedShould I call again?

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How To Create An AI “Team” In Your Consulting Business With Christopher Penn: Podcast #314

Consulting Success

AI has become a trend that many businesses delve into. And to keep your business on top, you’ve got to learn how to leverage it to set yourself to success. In this episode, Christopher Penn, the co-founder of TrustInsights, talks about how to create an AI team and grow the business with it. Chris reveals.

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How to Start Your Coaching Business from Scratch in Less than 90 Days with Kimberly Bolton

Consulting Matters

Spoiler alert: You don’t need a ton of entrepreneurial experience to launch your own consulting or coaching business If you’re like a lot of aspiring consulting or coaching business owners, you may have thought, “I’d love to become my own boss, but I don’t have enough entrepreneurial experience or skills!” And if that’s you, you’re not alone!

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Learning to Lead: Communicating with Clients and Teams

Tom Spencer

In consulting, one of the most coveted and highest compensated roles is that of the engagement manager (EM). This role is crucial to the functions of a consulting firm. They often have significant influence on the success of a consulting engagement, as they often interact directly with clients and oversee engagements end-to-end. Similar roles are […] The post Learning to Lead: Communicating with Clients and Teams first appeared on Tom Spencer.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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3 Traps to Avoid When Executing Your Strategy

Harvard Business

When executing strategy, companies typically fall into one or more of three traps: 1) They let too many people weigh in; 2)They plan a lot of activity but do not specify concrete actions; and 3) They tend not to build in accountability into execution. The result is that. lot a good strategies never take off. This article offers pointers on how to avoid the three traps.

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Root Cause

Alan Weiss

An executive at Merck once told me: “If I see an employee performing poorly, I go immediately to his or her manager and ask how that could be allowed and tolerated. That’s where the root of the problem is.

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Flawless Consulting Summary (Book Review For Consultants)

Consulting Success

How do you — the independent consultant or consulting firm owner — get your expertise used? In this article, I’ve summarized Flawless Consulting to help you master the craft of consulting. Flawless Consulting: Book Stats Rating: 6.5/10 Read more on Amazon Subscribe to get future book reviews, notes and more Flawless Consulting By Peter Block.

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Insights from Industry Leaders: Your Path to Market Excellence

Chad Barr

In today’s fast-paced business world, understanding the strategies of industry leaders, successful organizations and even your competition, is crucial for your own success. Are you profoundly aware of how these top performers operate differently from you? Recognizing their strengths and weaknesses compared to yours is key to enhancing your market position.

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Embracing Diversity in Global Management Consulting

Tom Spencer

Stepping into a room filled with consultants hailing from diverse corners of the world, a vibrant tapestry of perspectives unfolds before you. Their differences aren’t just acknowledged – they’re celebrated. This scene encapsulates a shifting paradigm in management consulting, where the ascendancy of cultural diversity and inclusion is shaping our collective approach to the challenges […] The post Embracing Diversity in Global Management Consulting first appeared on Tom Spencer

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Savings Consultants Are Needed in Today's Market More Than Ever

Savings Consultants are needed in today’s market more than ever. With an increase in expenses, businesses are looking for opportunities to save. Often unknown to businesses are savings in expense reduction, specialized tax savings, specialized savings including medical underpayments, health benefits cost reduction, zero cost processing, and more. Blue Coast Savings, with over 20 years in business, assists Savings Consultants in helping these companies move toward more profitable businesses.

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Talent Management in the Age of AI

Harvard Business

The world of work is changing fast and the most important thing to do is realize that the old playbooks, especially around talent management, will not work — now, it’s time to adapt. Leaders should focus on three big shifts that will set their businesses up for new levels of success in the age of AI. They should: 1) redefine jobs as a collection of a skills and tasks, not titles, 2) bring skills and workforce learning to the center of talent management, and 3) embrace AI to focus teams on human-

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How to Use Flow Metrics to See if Your Economies of Scale Offer Value, Part 3

Johanna Rothman

Flow Efficiency In How Centralization Decisions Create Friction, Increase Cycle Time, and Cost Money, Part 1, I discussed how removing support staff for departments and managers created longer cycle times. (And sometimes, increased friction so much that people could not easily do their jobs.) Removing those support staff was one indication the companies fell into the Economies of Scale trap.

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Test Environment

Consultants' Consultant

Consultants Consultant: The Curse of Knowledge suggests that when we know something we assume everyone knows. The post Test Environment appeared first on Consultants' Consultant.

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Developing the Art of Patience

Action Plan

Today’s article is one in a series of many. These articles will be my take on expansive qualities we want to experience and express more in our lives. I will incorporate ideas from the wisest people in history to help me make my case. I hope you enjoy them. Today’s topic, Patience, is one I’ve had to nurture in launching my post retirement newsletter.

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TOOLS and METHODOLOGIES for developing DECISION SUPPORT PACKAGES

This White Paper targets opportunities for Management to develop proficiency in the Decision Framing and Analyses element of input to Decision, & Risk Analyses for Major Project Funding Decisions.

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Management essentials – how to delegate effectively

The Management Centre

Being a manager means taking on more responsibilities and also letting go of others. However, as much as we know delegation is a good thing – we still struggle to do it well. Delegation provides your team with learning opportunities, development projects, balances workload and gives room for new insights. As a manager though you may be reluctant to overload people, to let go of tasks that you enjoy, or to invest the time in showing someone the ropes.

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Consulting: Your Gateway to Diverse Career Avenues

Tom Spencer

Choosing a career path to dedicate years of your life to is never an easy decision, and this applies whether you are an undergraduate seeking a first job fresh out of university, or someone looking to make a career switch. After all, faced with the tantalising possibility of all the possible paths you could take, […] The post Consulting: Your Gateway to Diverse Career Avenues first appeared on Tom Spencer.

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Research: Setbacks Can Actually Boost Your Career

Harvard Business

If you’ve hit a big pothole on the road to success, take heart. Research shows that setbacks can galvanize your career in unexpected ways that make you more successful. Three practices are key to turning them to your advantage: exploring whether your goals still fit your aspirations, opening yourself to unorthodox opportunities, and adopting a growth mindset.

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Rico Nasol Former Executive At Zappos And Netflix On Leadership And Management

Strategic Planning and Management Insights

Rico Nasol, former Zappos & Netflix exec, shares strategies for creative teams, innovation, balanced leadership, and excellent management.

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Why You Need to Use Case Studies in Sales and Marketing (and How to Start Now)

Case studies are proof of successful client relations and a verifiable product or service. They persuade buyers by highlighting your customers' experiences with your company and its solution. In sales, case studies are crucial pieces of content that can be tailored to prospects' pain points and used throughout the buyer's journey. In marketing, case studies are versatile assets for generating business, providing reusable elements for ad and social media content, website material, and marketing c

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Gratitude

Consultants' Consultant

Consultants Consultant: This interesting article around gratitude – remembering that it’s about the thought behind the. The post Gratitude appeared first on Consultants' Consultant.

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Ethics Lapses Rears Its Ugly Head, Yet Again…

The Consultants Peer Group

Ethics is a crucial aspect of management consulting, as it affects the trust, reputation, and value of the profession. Management consultants are expected to adhere to high ethical standards and principles, such as those set forth by the Institute of Management Consultants USA (IMC USA) in its Code of Ethics1. However, not all consulting firms follow these principles, as evidenced, once again, by the recent case of KPMG and Microsoft.

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60 Seconds of Johanna’s WIP for December 1, 2023

Johanna Rothman

Yes, you might remember this character from a previous week. I don't just cycle on my nonfiction. I also cycle on my fiction. The transcript: I’m Johanna Rothman, and this is 60 Seconds of Johanna’s WIP for November 30, 2023, where I read an excerpt of just a minute of some writing in progress. This excerpt is from a short story I’m cycling on, to find the start.

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Headaches of Consulting (and How to Deal with Them)

Tom Spencer

As a consultant, you will typically work long hours, and during this time you might find yourself creating slide decks, analyzing massive data sets, and working within fast paced teams to solve your clients’ most challenging problems. To add to the stress, consultants are often travelling long distances for on-site visits with the client or […] The post Headaches of Consulting (and How to Deal with Them) first appeared on Tom Spencer.

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The Art of Remote Collaboration: How to Successfully Whiteboard with Remote Teams

Just because we're working with a distributed team doesn't mean we have to abandon time-tested tools and methods like whiteboarding. Digital look-alikes often cramp creativity and all but eliminate the humanity of shared interactions. Hardware solutions are also limiting and, of course, expensive and immobile. In an increasingly digital and remote-first world, it’s important for us to select tools and processes that allow us to mitigate if not eliminate the above problems.

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A Sports Analogy for Understanding Different Ways to Use AI

Harvard Business

The potential impact of generative AI on the economy, society, and work is polarizing, swinging from the positive benefits of a technological revolution to doomsday scenarios. The authors have come to think about this issue as points on a spectrum and have created a sports analogy to help think about it: AI tools can range from steroids, to sneakers, to a coach, each representing a different relationship between human users and the technology.

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Hope and expectations

Seth Godin Blog

They’re not the same thing. Hope can fuel us. Hope can be refilled. Hope opens the door to possibility. Expectations, on the other hand, are a trap. They make us brittle and lead to disappointment. When we raise our hopes and lower our expectations, we establish a resilient way forward.

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LSA Global Delivers New Biotech Leader Training for Scientists in Europe

LSA Global

Redwood Shores, CA – LSA Global, the leading business consulting, coaching, and training firm that helps fast growth life science, technology, and service companies by powerfully aligning their culture and talent with strategy, today announced results for a customized New Biotech Leader Training for Scientists in Europe for a leading biotechnology company that wanted emerging biotech leaders to learn how to better lead, manage, and coach teams of scientists.

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5 Methods that Promote Team Trust

Leadership Vision Consulting

In today's hyper-connected world, where the line between personal and professional lives often blurs, fostering trust within teams is more crucial than ever. In this episode, we delve deep into the journey of building team trust and its profound impact on team productivity, engagement, and innovation. We explore five key behaviors that lay a solid foundation of trust within teams, share glimpses from our own experiences, and offer guidance on nurturing a positive team culture where everyone feel

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Microsoft Dynamics 365 Buyer's Guide for Management Consultants

Whether you're a small firm or a large enterprise, the Microsoft Dynamics 365 Buyer's Guide for Professional Services is a must-read for any Professional Services firm looking into Microsoft Dynamics 365. This guide will provide an overview of the entire platform and answer questions about features, selection, purchasing, implementation, and support of the Dynamics 365 suite of solutions.

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60 Seconds of Johanna’s WIP for December 7, 2023

Johanna Rothman

This week's WIP is a holiday romance short story. (With any luck.) The transcript: I’m Johanna Rothman, and this is 60 Seconds of Johanna’s WIP for December 7, 2023, where I read an excerpt of just a minute of some writing in progress. This excerpt is from a feel-good holiday short story. The late November wind whipped up the Charles River, past the MIT dome, and down Massachusetts Avenue focusing in on the Necco factory.

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What It Really Takes to Become an Executive Coach

Harvard Business

Being an executive coach can be rewarding. But, many people misunderstand what coaching actually is, underestimate the process to become a credentialed coach, and don’t anticipate the ongoing effort required to generate and develop business to make a living doing this work. How many clients should you have? What other income streams should you consider?

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How Leaders Fake Psychological Safety

Harvard Business

When it comes to psychological safety, leaders want the best of both worlds: all voices heard and considered, failure acknowledged and learned from, and feedback offered clearly and received graciously. But they also want harmony, comfort, and a sense of equilibrium. While most leaders want to encourage people to speak their minds, their underlying (often unconscious) ambivalence about actually getting the truth can unwittingly lead them to a performative version of psychological safety.