by Consultant's Mind | Consulting
14th Annual report Boston Consulting Group (BCG) released their 14th annual report on total shareholder value (TSR). It was worthwhile read, even if you are not in corporate finance. They talk about global trends in economics, capital flows, investor expectations and...
by Consultant's Mind | Team
Consulting is a team sport One of the best things about consulting – and project work more generally – is that it’s a team sport. There is a goal. People have different roles. You don’t have to be good at everything, but you do need the right...
by Consultant's Mind | Learning
Detroit’s bankruptcy is sad for 2 reasons It shows the decline of one of America’s great manufacturing cities, and also augurs what will likely happen to many more US cities, counties, and states in the future. Governments are bankrupt everywhere. Without...
by Consultant's Mind | Learning
GDP = C+I+G+NX Sadly, that is the only formula I remember from my undergraduate macroeconomics class, but thankfully, it is the most important one. The Gross Domestic Product = Consumption + Investment + Government + Net Exports (Export-Imports). It’s worth...
by Consultant's Mind | Fun
Seems simple enough Consultants are in the business of making other people successful. Yes, consultants make a good salary, and yes, they do have some power on projects. Fundamentally though, it is not about them. It is about the clients. Good consulting habits. This...
by Consultant's Mind | Fun
It was a rough week. Started last Saturday with multiple conference calls, and one week later, at 1am the following Sunday (8 days later), still going strong. Sometimes, not glamorous I slept 4 hours a night for the last 8 days. I told my consulting partner that it...
by Consultant's Mind | Learning
Peter Drucker Peter Drucker is a legend in business and management thinking. He passed away in 2005, after writing almost 40 books, teaching extensively and consulting people like Procter and Gamble’s A.G. Lafley, GE’s Jack Welch, and Intel’s Andy...
by Consultant's Mind | Fun
Proud to be an American The US is a truly blessed country, and it is no surprise that the waiting list for green card averages six years (depends on the country of origin). Supply and demand. People want to live here. People want to be American. “If you are born...