What to Do When Faced with Competition for a Consulting Project
David A Fields
MARCH 2, 2016
Text and images are © 2016 David A. Fields, all rights reserved.
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David A Fields
MARCH 2, 2016
Text and images are © 2016 David A. Fields, all rights reserved.
Tom Spencer
OCTOBER 1, 2022
Have you ever wondered why someone would be attracted to consulting as a profession? Prior to Accenture offering me a position, one of my interviewers asked me “what attracted you to consulting?”. This is a common question in consulting interviews, and it is one that usually throws people off.
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Comatch
JANUARY 30, 2023
For consultants, now is the perfect time to take the plunge into tech. If you’re a consultant that wants to get started on projects in the digital landscape, here are the five capabilities you should have under your belt. Humans are hardwired to crave certainty by nature because of the external threats our ancestors faced.
CaseInterview.com
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Management consulting is an industry that offers assistance with this kind of high-level decision-making and problem-solving. Management Consultants help businesses make strategic decisions that directly impact the entire company. They evaluate issues that the client is facing and help them develop action plans for improvement.
Tom Spencer
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Thinking about consulting as a career? You are probably curious about HOW exactly an MBA program will support you with your transition to consulting. Maybe you’ve heard about school consulting projects, strong alumni networks, and classes that can supplement your experience. Global Consulting Project.
The Consultants Peer Group
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You all have been here: The good news is that you’ve been asked to do a proposal for a prospect; the bad news is you’ve been asked to do a proposal. After talking to some of my consultant clients about the problems with proposals, I took a step to analyze ten websites that provide outline(s) for consulting proposals.
Consulting Matters
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Are you tired of the endless chase for small-paying consulting gigs? Are you so over those labor intensive projects that keep you as busy as you were when you were an employee? Do you want to stop under-valuing yourself through sub-contracting with other consultants and take your place as a sought-after advisor to the C-Suite?
Tom Spencer
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If you are looking to get into consulting, there are several ways to gain experience during your graduate studies. You can take classes, enroll in the graduate consulting club, or volunteer for pro-bono consulting projects. You can also participate in case competitions, which are in a league of their own.
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Are you thinking about becoming a consultant but not sure what the consultant's role entails? Are you currently a consultant and tired of shadow boxing negative stereotypes about this role and want to be seen as an essential strategic partner to executives? Transcript. Betsy Jordyn: It's Betsy Jordyn.
Successful Independent Consulting
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Independent consultants face the constant challenge of finding their next project. My last article discussed working with consulting agencies to supplement your business development efforts. Agencies involve people in the matching process and, typically, to oversee projects and “manage the client relationship.” (I
Tom Spencer
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As a result, companies are turning to consulting firms for assistance on how to rethink and restructure their organisation and workforce. As a result, companies are turning to consulting firms for assistance on how to rethink and restructure their organisation and workforce. Technology. Workplace Flexibility.
Tom Spencer
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As we currently stand, the question is not if the work-space will digitalize but to what extent. Most consulting firms have managed the transition to remote working relatively easily, and some have even realised that they can maintain the same quality of services with reduced office costs.
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The importance of trusting your motivation, developing habits of effective networking and capitalizing on your strengths to find greater consulting success. Description: In today’s episode, I’m joined by Elizabeth Woolfe, a passionate consultant with a focus on nonprofit organizations in the healthcare industry.
PM Alliance
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Many of the issues facing project teams are the result of inadequate resources to successfully execute an initiative. But what happens when your project has too many project resources? But what happens when your project has too many project resources? Too much time.
Rick Conlow
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We collaborated with other consulting firms to work with a global client that had intense competition and needed significant performance improvement. When team members don’t communicate clearly, misunderstandings and conflicts can arise, leading to a breakdown in collaboration. This cost the company significant business.
Organizational Talent Consulting
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When you put the ideas of social facilitation to work, you give yourself and your team a greater opportunity to achieve higher levels of performance and career success. Whether you are a team leader with remote employees or work remotely, here is what you need to know about social facilitation and a few tips to bring out your best.
Consulting Success
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I remember one day back in university I faced an interesting challenge. Many consultants believe that just because they can consult they will be successful. Many consultants believe that just because they can consult they will be successful. ” So that’s what I did. ” you may wonder.
Tom Spencer
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When it comes to recruiting, consulting firms have a roster of schools’ from which they source the majority of their summer interns and full-time employees. Students from non-core schools often get hired via an internal referral, as the result of winning a case competition, or via an alternative recruiting channel.
Johanna Rothman
AUGUST 4, 2020
I wrote Unearthing Your Project's Delays a couple of years ago. I told the story of Cliff, a manager who wanted to understand why the projects were so late. During that time, they kept asking the teams for forecasts of projects. ” He got that sad grin on his face. What Causes Delays in Manager Decisions?
Consulting Success
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Find your focus, share your knowledge, and write to win your place as a consulting expert. Description: Self-described “recovering consultant” Blair Enns is the CEO of Win Without Pitching, a sales training organization for creative professionals in the design, advertising, and public relations fields.
Comatch
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More than ever, organizations are using independent experts and freelance management consultants to address critical challenges. In a recent webinar, I addressed some of the typical issues that arise when working with a freelance management consultant. Experts point to these key trends: Projects require true specialists.
Tom Spencer
JULY 23, 2022
Communicating through PowerPoint, also known as a “slide deck”, is an important part of any consulting, strategy, or analyst role. This means sketching out what the deck could look like, what points you would like to cover, how you intuitively think information should be presented. Have you felt unsure where to begin?
Kai Davis
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After all, what’s to stop one of Tiny Nibble’s competitors from: Picking the same market. Still, once it happens, Tiny Nibble faces a challenging situation: their competitor is now offering a pretty identical service offering for the same market. To a buyer, what are the differences between these two providers?
Tom Spencer
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What is Consulting? Many of us have heard the term consulting before, whether it comes up in a chat with friends about making money or just throwing around the term loosely when trying to come up with an entrepreneurial idea. What does consulting actually mean and is consulting right for you?
Clarity Consultants
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After all, things are going to get tough from time to time, and having that shoulder to lean on can genuinely make or break how well a company survives when things become challenging. That’s why we’re breaking down how leadership development consultants can help and some of the benefits of partnering with a consulting firm.
Epicflow
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Data and technologies have become the drivers of innovations and competitiveness in today’s constantly changing business environment. It means that despite leveraging data and latest technology is not a new practice, a great number of business organizations still face some bottlenecks hampering their data journey. . Edwards Deming.
Brimstone Consulting
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Tsipursky cautions that these biases are causing leaders to “fall victim to mental oversight,” and “doing what they feel comfortable with, even if it devastates employee morale, engagement, and productivity; seriously undercuts retention and recruitment; and harms diversity and inclusion. The reason? Challenging Biases.
Management Consulted
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BATES WHITE ECONOMIC CONSULTING. Bates White Economic Consulting is a highly reputable boutique firm that has been gathering momentum in recent years. Founded in 1999 by Charles Bates and Halbert White, Bates White’s goal has always been to set the bar as high as possible when it comes to excellence. BATES WHITE KEY STATS.
Tom Spencer
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I vividly remember the last consulting interview during first-year MBA recruiting season. Of course, I picked it up and received the gut wrenching words that ended my chances for a consulting internship that summer. The worst feeling was that for the first time I wondered whether I was meant for consulting. I was tense.
Consulting Matters
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Interview Transcript: Betsy Jordyn: Well hey there, it's Betsy Jordyn and I am so excited to interview our latest Consultants Institute grad, Dave Saliaris, who has his own consulting group that he is launching officially. I'm really excited about doing it. I'm really excited about doing it. So welcome. Betsy Jordyn: Wow!
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SME Strategy is a strategy consulting firm that specializes in helping organizations align their teams and operations around a shared vision, mission, values, goals, and action plans. In today's data-driven world, data is becoming increasingly important for organizations to gain a competitive advantage and make informed decisions.
CaseInterview.com
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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. For project leaders, salaries are about $175,000 on average at top tier firms.
Consulting Matters
APRIL 9, 2019
Interview Transcript: Betsy Jordyn: Well hey there, it's Betsy Jordyn and I am so excited to interview our latest Consultants Institute grad, Dave Saliaris, who has his own consulting group that he is launching officially. I'm really excited about doing it. I'm really excited about doing it. So welcome. Betsy Jordyn: Wow!
LSA Global
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96% Job Relevance 97% Satisfaction 92% Net Promoter Score These experienced leaders were charged with project management , program management, and portfolio management across previously siloed functions and departments that were used to doing their own thing and being successful within their own span of control.
Management Consulted
NOVEMBER 22, 2015
If you’re new to consulting, it won’t take you long to discover that MBB firms are insanely competitive. But what do you do next if you underprepared, or just had bad luck, and received the dreaded rejection from (horror of horrors) the complete MBB tier? Undergrad Internship.
Management Consulted
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So, after writing the perfect resume and cover letter, and preparing at least 6 Hero Stories, it’s time to face the music. First, you have to show you have the skills to do the job. . In our Consulting Interview Bible, we go into the differences in great detail – but that’s not the point of this article.
Tom Spencer
AUGUST 4, 2018
The consulting industry is a very competitive field with an abundance of highly educated professionals with proven track records of success. In order to succeed and stay relevant in such a competitive field, consultants have to keep their knowledge up to date and continuously hone their skills. Competitive Strategy.
Management Consulted
OCTOBER 3, 2012
Last week we held an MC exclusive subscriber giveaway contest – entrants told us in 200 words or less how they became interested in consulting. The prize for best answer was a FREE Consulting Case Bank and The Consulting Bible 3rd edition – a HUGE giveaway – so we weren’t surprised when we heard from so many of you.
QEmploy
MAY 2, 2019
The Nordic consulting industry has experienced a drastic increase in previous years. Currently, Sweden has taken the lead when comparing growth rates between the four countries. When analyzing the market at a per-capita view, Denmark has the best performing consulting market in the Nordics. Growth at its Finest.
Tom Spencer
JANUARY 20, 2018
What is a Case? Cases are a tool used by interviewers based on a business scenario; they go beyond behavioural and background questions to assess the actual abilities of a candidate by replicating the steps of a consulting project. Do not just repeat what the interviewer said. Structuring the Problem.
CaseInterview.com
DECEMBER 4, 2019
When I first started recruiting for consulting jobs, an interviewer at Bain shared a story (arguably a legend at this point) about how Bain (or it might have been McKinsey) was asked to advise Motorola on whether or not they should enter the mobile phone market. But like anything overdone, it creates vulnerabilities.
Brimstone Consulting
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When Andy Frawley took on the roles of Chief Executive Officer and Vice Chairman of the Board of Directors in July 2018, V12 faced several challenges, including business inefficiencies stemming from a recent merger and inapt product and go-to-market strategies. Agile strategy is fast, flexible, and time competitive.
CaseInterview.com
MARCH 26, 2019
It is an approach I developed that is tailored for answering these questions in job interviews for management consulting, as well as interviews for senior executive positions in industry. It can be used by candidates to prepare concise and powerful answers to commonly asked consulting resume questions. not what "we" did.
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