Consulting Matters

JANUARY 5, 2021

See what worked for my friend, Dan Weedin , when sharing with his wife 15 years ago about starting his now thriving consulting business. If you are interested in leaving your current job for the potential of running your own consulting or coaching practice, there is only one thing you need. The fear of the unknown is to be expected.

Consulting 294

Consulting Case Study Case Studies Finance 294

CaseInterview.com

MARCH 16, 2020

1) Sample-Size Problem As of March 5th, 4 pm ET, the United States had: Total Cases: 164 Total Deaths: 11 Friends of mine have said, “Why is everyone freaking out over 11 deaths?” Only 164 cases, that's not bad compared to other countries." It’s still useful to help make sense of the problem.

Analysis 144

Analysis Case Interview Interviews System 144

Clarity Consultants

APRIL 5, 2023

When tasks take less time to complete, it’s far easier to remain focused while handling them. In many cases, feeling appreciated is far more impactful than many employers realize. Employee engagement is commonly a top concern for companies, as engaged employees are classically more productive and offer more robust outputs.

Training 104

Training Training Efficiency Talent 104

Tom Spencer

JUNE 13, 2020

We started negotiating as babies when we cried to get what we wanted and gradually built up our negotiation tactics to negotiate dinner locations, job offers, problems with partners, and basically anything that life throws at us. After that number is out there, the follow up conversation will be in a range close to that number.

How To 180

How To Research Trends Course 180

Consulting Matters

NOVEMBER 23, 2022

To set the context for what I mean by positioning traps – I need to take you back in time to 1997 when m y mentor and professor told me – people don't get what you do and what you can offer as an organizational consultant. When they ask for training, and you say – how many people, for how many days.

Consulting 156

Consulting Leadership Operations System 156

Tom Spencer

MARCH 7, 2020

It can be difficult to remember someone’s name, especially when meeting numerous people in a short period of time. In any case, here is a vital tip to make the name remembrance easier – the second someone says their name, make sure to repeat it three times in your head before continuing the conversation. Write the details down .

Research 157

Research Meeting Education Examples 157

PM Alliance

AUGUST 18, 2023

If your project isn’t going well, you need to understand how close your effort is to failing and which options are still on the table to fix it. This is very often the case with high-visibility and strategically important initiatives, where a failure could be so damaging that it destabilizes the company. Teamwork is nonexistent.

Resources 81

Resources Tools Training Training 81

CaseInterview.com

DECEMBER 16, 2021

When it comes to a problem that exists between two people (employer/employee, siblings, friends, romantic partners), an elegant solution is one in which both people get their underlying needs met. When it comes to interpersonal relationships (which includes business ones), a problem exists when someone isn’t getting what they want.

Case Interview 91

Case Interview Interviews Policies Data 91

Steve Shu Consulting

AUGUST 20, 2018

Blueprints which potentially specify the templates that should be completed may even be available in some cases. Industry reports – Consultants often dive into industry reports very close to when they arrive onsite for a new client. This answer is based on the response to a question I was posed on Quora. project tactics).

Consulting 150

Consulting Management Case Interview Interviews 150

Consulting Matters

FEBRUARY 2, 2021

When I met with three aspiring consultants who are very passionate about parlaying their experience to help companies create healthy work environments and engaged employees. They almost fell out their chairs when I told them that I am starting to see that employee engagement is actually unethical. Let me explain.

System 234

System Resources Energy Company 234

Tom Spencer

MARCH 4, 2022

Case Studies. There is a lot to think about when preparing for consulting interviews , and you may want to check out some of our other blog posts and guides for preparing your resume , creating your cover letter , and improving your network. Frameworks. Experiential Questions. Presentations. While these firms all hire Ph.D.’s

Interviews 88

Interviews Case Interview Engineering Case Study 88

Tom Spencer

SEPTEMBER 5, 2021

When it came time for interview season, I didn’t have to look hard for case prep partners, as many of us were recruiting at the same time. Further, this was especially helpful when I was a junior exec – many of the senior execs were individuals who have interned at firms and were transitioning to full time roles.

Consulting 88

Consulting Recruiting Recruitment Case Interview 88

Tom Spencer

OCTOBER 22, 2021

The epitome of this commitment, still in use today, is the standardized 11-digit barcode system, which the National Association of Food Chains initiated in close collaboration with McKinsey in the early 1970s. Economic meltdowns hold important lessons for business consultants. The rise of just-in-time logistics.

Consulting 88

Consulting McKinsey System Efficiency 88

Tom Spencer

FEBRUARY 7, 2021

If you are interested in consulting you have probably heard of the case interview. Practicing cases can teach you how to think like a consultant, yet they can also be a large source of stress and anxiety for candidates. A good place to start is to watch a couple of live case interviews which can be found on YouTube here and here.

Case Interview 60

Case Interview Interviews How To Knowledge Base 60

Tom Spencer

APRIL 11, 2021

Case coaching is an industry of its own. It can be a tough decision as the price point for case coaching can be very high (10x more than the average hourly wage in the US). When to seek out a coach. A coach ultimately should help to improve your performance, be it on case interviews, fit interviews, or any other topic.

Case Interview 88

Case Interview Interviews Benchmarking Sports 88

Consulting Matters

JANUARY 7, 2019

However, there will be times when you have to feel the cash flow pressure and need to find clients.right now! They will feel the desperation and it'll affect your close rates. You have to understand that you when you compress a marketing timeline - you are reducing how well you are able to warm up your leads. The 5 Tactics.

Consulting 224

Consulting Strategy Strategy Strategy& 224

Tom Spencer

JANUARY 19, 2024

For example, when the Fed purchased $1.7 trillion in Treasury securities between March and June 2020, spending on non-essential items like travel and entertainment continued to decline due to the government imposed lockdowns and resulting economic uncertainty. For example, when the Fed purchased $1.7 Federal Reserve.

Banking 88

Banking Policies Government Tools 88

Tom Spencer

SEPTEMBER 17, 2021

Expertise in case studies is considered a given not just among the veterans of business life, but even for newly aspiring consultants, who wish to break into the consultancy industry. Hence, we had to strategically assess which doctors and hospitals commanded the most professional prestige when distributing free sample devices.

Case Interview 88

Case Interview Case Study Case Studies Consulting 88

Tom Spencer

FEBRUARY 17, 2018

When it comes to consulting interviews, most people are fixated on the case interview. Which makes sense, given the amount of practice that’s required to ace the case. ” Applications close 28 Febuary. But, as an aspiring consultant, don’t forget that you will also face the Fit Interview!

Interviews 106

Interviews Case Interview Engineering Consulting 106

Consulting Matters

JANUARY 7, 2019

However, there will be times when you have to feel the cash flow pressure and need to find clients.right now! They will feel the desperation and it'll affect your close rates. You have to understand that you when you compress a marketing timeline - you are reducing how well you are able to warm up your leads. The 5 Tactics.

Consulting 202

Consulting Strategy Strategy Strategy& 202

Management Consulted

FEBRUARY 23, 2014

12PM – 1PM – Case Frameworks – becoming a case-opening expert. On our January 2014 Consulting Bootcamp tour, we travelled to several universities up and down the East Coast – Duke, Georgia Tech, UGA, Penn, Harvard, McGill, Dartmouth, Columbia, and Cornell. *. In the beginning of the trip, Jenny Rae was intern-less. No pictures!

Case Interview 179

Case Interview Interviews Consulting Hotels 179

Consulting Matters

AUGUST 5, 2020

You've already done what I call my seven steps to directional agreement where you and your client get on the same page around the business performance outcomes, the business case for those business performance outcomes and the value that you're supposed to bring to the table and that incremental ROI. And this is what will win them over.

Consulting 156

Consulting ROI Methodologies Report 156

Tom Spencer

FEBRUARY 24, 2018

When it comes to consulting interviews, most people are fixated on the case interview. Which makes sense, given the amount of practice that’s required to ace the case. ” Applications close 28 Febuary. But, as an aspiring consultant, don’t forget that you will also face the Fit Interview!

Interviews 94

Interviews Case Interview Engineering Consulting 94

CaseInterview.com

MARCH 3, 2021

Lately, I’ve been getting a lot of questions about how to handle case interviews via video conference. While video conference case interviews weren’t unheard of before, they are much more common right now. This is especially true when you need to show the interviewer your notes and framework drawings. Technical Setup.

Case Interview 90

Case Interview Conference Video Interviews 90

Tom Spencer

NOVEMBER 5, 2021

When navigating uncharted territory, you never know who will have the key piece of information that leads to a breakthrough. When navigating uncharted territory, you never know who will have the key piece of information that leads to a breakthrough. IDEO , a design firm founded in Palo Alto, is the embodiment of this approach.

Consulting 88

Consulting Industry Healthcare Construction 88

Makarios Consulting

OCTOBER 10, 2023

As a leader, when you hear the words “change management,” you may cringe inside. He explains that, when faced with a positive, desirable change, people typically go through four stages: Uninformed Certainty, Informed Doubt, Realistic Hope, and Informed Certainty. The first stage, Uninformed Certainty , we call “ignorance on fire.”

Change Management 76

Change Management Energy Education Groups 76

Management Consulted

DECEMBER 17, 2013

After visiting Bain, we when on a short walk down to the ferry building for a late lunch. Over 30 students participated, and every single one stayed after the closing time to keep asking questions. Over 30 students participated, and every single one stayed after the closing time to keep asking questions. We’ve been busy.

Bain 114

Bain Case Interview Interviews Fashion 114

Management Consulted

NOVEMBER 20, 2013

Consulting firms rely heavily on case interviews to find the right candidate and, therefore, you should practice them – practice them well, start practicing them early (2-3 months prior to the interview), and then keep practicing them often. The 2 case interview styles are Interviewer-led and Interviewee-led cases.

Case Interview 236

Case Interview Interviews Study Cover Letters 236

Wakeman Consulting Group: Dave's Blog

MAY 11, 2023

The Competition : Since Elon Musk took over Twitter, we’ve seen a lot of people really rethink their relationship to the platform and in some cases to social media in general. That stature has declined as a recent survey pointed out that Twitter’s usage was down over 9% since Elon Musk closed his deal for the company in late-2022.

Advertising 59

Advertising Media Video Strategy 59

CaseInterview.com

APRIL 17, 2020

When I work with a new CEO client, I do two things. There’s a big debate going on right now about when and how to reopen the economy. Notice how when you have really good data, you can make extremely effective decisions. First, I ask them to explain the business to me in qualitative terms — Who is the customer?

Metrics 82

Metrics Case Interview Data Interviews 82

Tom Spencer

DECEMBER 2, 2022

However, currently that is not the case. Networking is a key part of obtaining your first job after graduation. You connect with company recruiters, university alumni, and your peers and classmates to build a vast community of connections. As a result, you land your first consulting job. Networking to Meet Clients. According to the U.S.

Recruiting 88

Recruiting Recruitment Conference Meeting 88

The Fearless Marketer

JUNE 28, 2021

Sometimes new people come close to our gathering of people and dogs and we introduce both ourselves and our dogs. When we meet someone new, the first thing out of our mouths is, “What’s your dog’s name, what’s his breed, how long have you owned him?”. Every day I take my dogs to a local park near my home. And most of us come every day.

Meeting 109

Meeting Groups Marketing Company 109

Tom Spencer

MARCH 10, 2023

This is the first of a seven-part series looking at artificial intelligence and its implications for the consulting industry. This article will provide a basic introduction to AI as it relates to the consulting industry and explore some key concepts and applications that every consultant should be familiar with.

Consulting 88

Consulting Ethics Healthcare Retail 88

Tom Spencer

JULY 23, 2022

If you’re presenting on a business case, a typical story board might include the following sections: Problem and solution – What is the key problem facing the business? If you’re presenting on a business case, a typical story board might include the following sections: Problem and solution – What is the key problem facing the business?

Analysis 88

Analysis Knowledge Base Banking Development 88

CaseInterview.com

DECEMBER 20, 2020

If they count 25 sponges before surgery, they will count again for those 25 sponges after the surgery ends and before closing up the patient. I first heard of the phrase “cascade of errors” from a friend of mine who was a private pilot. His thinking was that crashing an airplane had a near 100% fatality rate.

Case Interview 105

Case Interview Interviews Resources Policies 105

Tom Spencer

MARCH 26, 2022

People with larger and more open networks than the rest, i.e. those who know many different clusters of people, perform better when measured by promotions, pay, and performance evaluations. A key predictor of career success is having an open network instead of a closed one. If you choose to pursue an MBA, you will surely learn a lot.

Advertising 88

Advertising Tools Culture Trends 88

Epicflow

DECEMBER 1, 2022

A Business Case: Presenting the Idea of a Project . A business case is a document that helps decision-makers determine whether a project is worth the investment. In particular, a business case can be created in response to market demand, a customer request, organizational need, legal requirements, etc.

Management 52

Management Report Resources Efficiency 52