Month: January 2022

Negative Feedback Loop vs Positive Feedback Loop

In the business world, negative feedback loops and positive feedback loops can be integral components of an effectively managed business. Feedback loops are a powerful concept for growing a business or improving personal effectiveness. In this article, we’ll look at what negative and positive feedback loops are and how you can use them to improve…

Resource Based View: Your Competitive Advantage In Focus

Resource based view is a strategic planning framework that managers can use to build a competitive advantage. A resource based view says that excellent company performance is related to the effective use of resources. If a firm’s resources are Valuable, Rate, not Imitable, and can be effectively Organized around (if the resource has VRIO attributes…

Building An Innovation Culture

Innovation culture sounds like something every business should strive for. But how is a culture of continuous innovation built? What are the specific things organizations can do - beyond paying lip service to the idea of innovative thinking - to build an innovation culture? What are the most innovative companies we can look to as…

The Bridgespan Group: An Insider Look Into Non-Profit Consulting

We're excited to share this exclusive interview with The Bridgespan Group, the #1 non-profit consulting firm in the world. We recently sat down with Stephanie Kater, a Partner and co-leader of the firm's impact investing space. She has a lot to share about daily life as a Bridgespan consultant - and how you can become…

Enneagram Personality Test

The Enneagram personality test has made a splash recently, both in popular culture and in the workplace. You can find the Enneagram test for free online, but if you’re using it for the workplace there is also a paid version that provides additional analysis. Read on to find out about the Enneagram personality types, how…

Employee Retention: Overview, Strategies, & Training

Employee retention is an often-undervalued metric in the business world. Many businesses rate their success based on profitability, consumer preference, and market share. Yet, success should also be understood through employee retention and satisfaction. There are multiple factors that influence employee retention and turnover. In this article, we’ll explain why employee retention is so important…

Accenture Goes on Acquisitions Spree

Accenture acquisitions have been fast and furious in the last couple years. The Accenture news cycle has been filled with updates on potential M&A, actual M&A, and progress on implementing acquired companies. These acquisitions have varied widely in terms of industry and geography. Accenture recently went on an acquisitions tear. In this article, we’ll discuss…

AlixPartners Acquires Galt and Company to Form New Strategy Division

AlixPartners, the international business advisory firm, is expanding its service offerings by acquiring Galt and Company. AlixPartners has traditionally focused on work along the lines of corporate turnarounds, bankruptcy assignments, and restructuring, but this acquisition adds a strategy/transformation dynamic to the firm’s efforts. Let’s dig into the acquisition and what it means for both firms.…

What Is Business & How Do Consultants Help?

What is business, and how do consultants help them? These sound like simple inquiries, but we can assure you that there is a lot packed into these short questions. In this article, we’ll be going over some of the basic, albeit common questions asked about the business world. What is Business? Depending on who you…