Category: Consulting skills

Effective Leadership in Turbulent Times

In turbulent times like these, effective leadership sets the tone and direction for an organization. Nerves are on edge and uncertainty can decrease productivity, but an effective leader can motivate others to remain calm and keep the larger vision in view. What Is Effective Leadership? Before we can talk about effective leadership, it is important…

Working from Home Tips

Working from home (WFH) is the newest acronym to invade our professional lexicon. Some of you may already be working from home pros, while others may be brand new to working remotely. Pandemic or not, working from home is becoming a way of life for many. Companies are seeing the value in allowing employees to…

New Excel Functions: Power Query, XLOOKUP, & Others

New Excel Functions—for some of us, every Excel update is like Christmas morning. Others shudder at the thought of using Excel (though that probably means you’d have a tough time as a management consultant). Those who know the power of Excel know it offers much more in the way of simplicity than complexity. A little…

Top 7 Business Frameworks

Frameworks play an important role in helping consultants and business leaders approach organizational problems from different angles. They provide structure that inform day-to-day operational decisions and strategy. They do this both on a micro and macro level. Business frameworks aid businesses in meeting goals and reaching objectives that lead to long-term success. To help you…

First Mover Advantage: Business Framework

First mover advantage has become a kind of gospel in the business world. Companies everywhere are making huge investments on the assumption that being first to market with a new product or service will give them an insurmountable edge over their competitors. But if you’re not well versed in startup-speak, you might find yourself wondering…

Triple Bottom Line: Business Framework

Triple bottom line is a philosophy that encourages businesses to optimize for more than just profit. Most businesses operate squarely within a capitalist framework. For most of the history of capitalism, the goal of commercial activity has been increased profit. However, profits are far from the only way of defining a company’s interactions with the…

Gap Analysis: Business Framework

Gap analysis is what businesses use to identify the obstacles between their current state of operations and where they want to be in the future. If you own or manage a business, you know how frustrating it can be to fail to meet the goals you’ve set out for your company. Often it feels like…

Fishbone Diagram: Business Framework

For as long as there have been teams of people working on shared projects, things have gone unexpectedly wrong. But simply knowing that something has gone wrong doesn’t necessarily tell you why the problem occurred or how to prevent it from occurring in the future. This is why managers all over the world have long…

What Is Predictive Analytics

In today’s competitive economic landscape, companies are turning to advanced analytics to predict consumer behavior, increase their competitive advantage and drive the bottom line. But organizations need data, and more importantly, they need to know how to look at the data in order to find the right insights to turn into action. Effectively, organizations need…

Case Interview Math: 3 Tips To Crush It

Case Interview Math – horror stories from friends and contacts (or perhaps your own experience) are probably going through your head just at reading the term. We hear them all the time too. As one of the top reasons for rejection in a consulting interview, case interview math presents a unique barrier to entry. Why…