May, 2019

Marketing for Consultants Study (2019)

Consulting Success

How do you get new consulting clients? Do you have a system in place for winning consulting projects? If you’re a consultant, you’re in the business of marketing. To get consulting clients, you need to generate conversations with the right prospects. Marketing is how you generate these conversations.

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Don’t Miss These Prime, Relationship Building Occasions

David A Fields

There are a few things you know, beyond any shadow of a doubt, about the process of generating revenue for your consulting firm: Relationships are essential to winning consulting engagements, even if your consulting firm plays in the world of RFPs.

Bain: Healthcare PE in 2018

Consultants Mind

Bain & Co released a Healthcare Private Equity and Corporate M&A Report 2019 here. 1.7Mb, 64 pages) First blog on the private equity half. Bain & Company notes that “there was significant activity across all segments of the value chain.” ” Whoa, all segments?

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Looking for answers? Keep sight of the questions

Jacq Hackett Consulting

As consultants, we are brought into organisations to solve problems or assist with a particular challenge. Exactly what the client needs will vary of course. It might be a review of a program or service; diagnosis of glitches in the system to identify solutions; an organisational restructure; a strategic plan; development of a new policy.

Assessing the Five Styles of Enterprise Business Intelligence

The world of BI and analytics has evolved. Discover the five styles of reporting and analysis, and learn the pros and cons of each in an enterprise scenario.

First Six Months – Adjusting to Consulting Life

Tom Spencer

Is a job in consulting really what you expect it will be when you are a student, knee-deep in case prep and coffee chats?

More Trending

Business Development Lessons From The Big Consulting Firms with Chris Spurvey: Podcast #87

Consulting Success

One of the most prominent struggles consultants and independent entrepreneurs face is to sell themselves. Typically, the amount of experience is not enough if you don’t get the value of business development.

5 Keys to Great, Consulting Firm Marketing

David A Fields

Sit back and imagine your consulting firm as pure, rich, creamy scoops of ice cream. Prospects and consulting opportunities are the hot fudge that pours onto your icy practice in a steady, glossy stream of chocolatey richness. When you put it that way, it’s hard not to like consulting, right?

Great Podcast Interviews

Consultants Mind

Gift for you – podcast playlist Someone recently asked for a few podcast recommendations (hat tip: JZ), so I put together a playlist of 60+ podcast interviews. Two ways to subscribe: From your phone, click here and hold down for 1 second.

Conquering Fear: Defeat the #1 Enemy of Growth

Joellyn Sargent

Fear is the enemy of growth. It breeds hesitation and self-doubt, holding you back when you should be charging ahead. I’m on my third business so I know first-hand how fear-inducing the journey of entrepreneurship can be.

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Asset Management – Industry Overview (Part 1 of 4)

Tom Spencer

Asset managers are institutions that ‘manage money’ on behalf of certain beneficiaries. What does this mean exactly? Well, asset managers aim to understand client investment objectives and invest client funds in a variety of financial products and asset classes.

Case Study Interview Questions and Answers

Management Consulted

One of the most challenging aspects of case interviews is that once you are provided with the problem, there are an infinite number of ways the case can go. While that’s true, there are types of questions that you’ll run … Continue Reading.

Innovating Your Consulting Business For Growth with Jeff Gothelf: Podcast #88

Consulting Success

These days, consultants take their profession too seriously and customarily that they tend to forget to make room for innovation. To innovate is to add value with an incredible hint of creativity to whatever you produce.

What Your Consulting Firm Needs Most: Perspective

David A Fields

What’s the heaviest chain restraining your consulting firm’s growth (in revenue or margin, lifestyle, or all three)? You already know the answer, because it’s in the article’s title: your perspective.

Who is Chris Sacca?

Consultants Mind

Yes, you may have seen him on Shark Tank. He is an UBER-successful angel investor and venture capitalist. Famous for his wearing vintage cowboy shirts and being on the ground floor of Twitter, Uber, Instagram, Facebook. Listened to a 90 min interview of him by Tim Ferriss. Such good stuff. Podcast and transcript of the […]. The post Who is Chris Sacca? appeared first on Consultant's Mind. Learning Success stories

Twenty-five years of digitization: Ten insights into how to play it right

McKinsey

The world that has been radically transformed since the commercial internet emerged a quarter century ago. Ten insights help frame the digital journey. Digital Insights

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Preparation for the Case Interview:  Math, Charts and Market Sizing

Tom Spencer

Let’s face it. A major portion of the consulting case interview tests your quantitative skills. Consultants work with a lot of data and can spend a significant amount of time crunching numbers.

3 Best No Foreign Transaction Fee Credit Cards

Management Consulted

We’ve all been there at one point or another. You’re traveling abroad and haven’t planned to use a credit card or forgot to bring the right one. But then, emergency strikes, and cash is no longer an option. You pull … Continue Reading.

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The Secret Power Of Listening with Oscar Trimboli: Podcast #89

Consulting Success

Listening is the key to effective communication. To be in a consulting field entails you to be dominant in figuring out the pain points of your customers to provide the right solutions, and that involves deep listening.

3 Things Your Consulting Website MUST Do In 2019 (Checklist & Examples)

Tsavo Neal

“Designers/marketers have no idea what a website should do for a consultant.”. If you’re struggling to find a marketer or designer who understands what your consulting website should do, you’re not alone. Chances are you don’t know what your consulting website should do.

Bain: Healthcare M&A in 2018

Consultants Mind

Bain & Co released a Healthcare Private Equity and Corporate M&A Report 2019 here. 1.7Mb, 64 pages) Last week’s blog post was on private equity portion. This week, I am covering the M&A portion. Healthcare M&A = $435 Billion in 2018 As a headliner, 2018 was a blockbuster year for Healthcare M&A at $435B. This graph […]. The post Bain: Healthcare M&A in 2018 appeared first on Consultant's Mind. Learning Investment

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Automation in retail: An executive overview for getting ready

McKinsey

Automation will reshape retail business models and the broader value chain, creating organizations with fewer layers and a better trained and trusted workforce empowered by real-time data and analytics.

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Bespoke and Precedent Driven – Understanding the Two Different Approaches to Consulting

Tom Spencer

During the recruitment process for consulting internships and full-time positions, I went to countless presentations given by consulting firm representatives who explained the consulting industry and made sales pitches about their firms.

McKinsey Case Interview: 4 Things You Never Knew

Management Consulted

The McKinsey consulting case interview – there are so many things to become familiar with in McKinsey consulting interview prep. Of course, there are the basics that you have to learn. But additionally, there are things that most people don’t … Continue Reading.

Marvel’s Endgame or How to Be a Superhero

The More Clients Blog

I don’t know about you, but I happen to be a Marvel movie superhero fanatic. I’m one of those weird people who has watched all 22 of the Marvel movies over the past 11 years, several of them more than once, including the latest, Endgame.

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"Process Mining"? Sounds Like a Waste of Time.

Markovitz Consulting

You know what the problem is with your lean initiative? You’re not doing any process mining. Yup, that’s right. You’re missing the boat on “process mining,” the latest improvement breakthrough that will catapult your firm to the top of your industry. According to a new HBR article , process mining will “revitalize process management in firms where it has lain fallow for years.”

Learning From Each Other

Women in Consulting

By: WIC Blog Admin. :: Who says old dogs can’t learn new tricks? A few years ago, the Women In Consulting Annual Best Practices Survey unveiled some tricks by top consultants that helped improved my business’ profitability and my work/life balance. Here’s one: I learned top consultants out-source the administration of their company so they can maximize their time on generating revenue. I added a bookkeeper and a virtual assistant to the Stage2 network and could not be happier.

The era of exponential improvement in healthcare?

McKinsey

Technology-driven innovation holds the potential to improve our understanding of patients, enable the delivery of more convenient, individualized care—and create $350 billion–$410 billion in annual value by 2025. Insights on Healthcare Systems & Services

Asset Management – Valuation (Part 2 of 4)

Tom Spencer

Characteristics of Asset Management Firms. Most major asset managers are conservative with their use of leverage. There are a couple of reasons for this: Asset managers can see cash flow and earnings fluctuate wildly with markets.

The 3 Best Dining Rewards Credit Cards

Management Consulted

Whether you’re a takeout or dine-in kind of person, restaurant purchases probably make up a large portion of your monthly spend. In fact, the average U.S. family spends $250/month on dining out. If you don’t have a credit card that … Continue Reading.

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Consultants: What To Do If You Can’t Publish Case Studies On Your Website

Tsavo Neal

Sometimes, publishing case studies to your consulting website isn’t an option. Due to various agreements you might have with your client, you simply can’t. Publishing case studies with specific names and numbers is ideal. But, case studies are only one way to build trust through your consulting website. Just because you can’t publish samples of your client work doesn’t mean you can’t build trust.

Could we see a seismic shift in consulting services?

The Source

Consulting services are a bit like the massive tectonic plates that cover the surface of the world: Ancient and slow-moving, they’ve defined the geography of consulting for the last 50 years or so and continue to shape the competitive landscape.

Learn How To Give Great Speeches From Commencement Speakers Like Robert Smith

Henry DeVries

The most effective and memorable speeches are light-hearted and engage and inspire the audience of graduates and their guests. Here are Toastmasters International’s five memorable commencement speeches to learn from

The journey to an agile organization

McKinsey

You know what an agile organization is, and why it’s important. But figuring out how to pull off an agile transformation is another question. Insights on Organization

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