by Consultant's Mind | Consulting
Management consulting Continues to do well. The Economist posted this chart last week which shows that McKinsey, Bain, and BCG all grew by double digits in 2011. The revenue trend is clearly up. Bain grew by 17% YoY. The consulting outlook is good. Companies are...
by Consultant's Mind | Consulting
We are in the influence business Just like anyone who sells services to clients – markers, bankers, consultants, dentists, plumbers – we influence clients to do things we think is in their best interest. It’s harder than it sounds because: We are...
by Consultant's Mind | Learning
I read this book in June 2002 by David H. Freedman. It was the year before I went to MBA, and it made an impression on me. I remember telling the HR director about it, and then seeing quotes from the book in one his presentations. Whether you are a hawk or a dove...
by Consultant's Mind | Consulting
Consultants use buckets I know it sounds pedestrian and unsophisticated, but it’s harder than it looks. When you are trying to crack a complex problem, inevitably you will start to group things. Buckets, I tell you. Consultants use buckets. When you have a...
by Consultant's Mind | Consulting
“It Depends” This is a phrase you hear a lot in both business school and management consulting. As weird as seems, it is often the best short-answer to give a client. A boring half-answer? To some this may come across as timid or mentally lazy. As if...
by Consultant's Mind | Fun
“Excellence is a habit” Apparently that is something Aristotle said. If we are what we repeatedly do, then you are not “excellent” once, by chance, but by training, diligence, muscle memory, and habit. Anders Ericsson talked about...
by Consultant's Mind | Consulting
Consultants (Keep) revising their work Yes, the end product tends to be high-quality because a lot of smart people have spent A LOT of time on it. Looking at recent files saved on my laptop, I see some with pretty absurd file titles like: ABC_phase 1_02082013 10pm...
