Category: management consulting

Gender Bias: What Data Says About The Workplace

Gender bias. Many of us may think we’ve never come across it, but gender bias is a form of unconscious bias. It can be hard to diagnose in real-time! Unfortunately, gender bias in the workplace is quite common. Like any kind of bias, it injects discrimination into what should be completely objective discussions and decisions.…

Risk Management Basics for SMBs

Risk Management has become an integral part of the corporate industry. All businesses should look to minimize risks, regardless of size. SMBs (Small and Midsize Business) have as much of a need for risk management as large businesses and Fortune 500 companies. A business's sustainability depends highly on how well a company can handle its…

Strategy vs Tactics: Key Differences and Uses

Strategy vs tactics is a debate as old as business – which is more important? The dichotomy is not a distinction without a difference. Business strategy and tactics are clearly different concepts. At the same time, it’s hard to say that one is more important than the other. Categorizing particular action items in your business…

Supply Chain: Keeping Business Moving

A strong supply chain is one of the most important aspects of any business. Companies differ in what they sell and how they sell it, but supply chains are an area of commonality. Why? Nothing makes it into the hands of customers without a supply chain. Think about the items you interact with on a…

Becoming Data Driven

“Data driven” is one of those descriptors you see all businesses frequently using. It's being used to the extent that the term has lost some of its real meaning. We shouldn’t let the current state of the term’s usage detract from just how powerful a transformation becoming data driven can actually be. It’s not as…

3 Reasons the Management Consulting Industry is a Great Place for Women

More and more women are pursuing careers in consulting. From MBB to the Big 4 and beyond, all of the top firms preach the importance of gender diversity. Still, there is certainly room for improvement. In 2016, the Workplace Gender Equality Agency found that representation for women at McKinsey, Bain and BCG stood at 16%,…

Impact Of Covid-19 On Tax Revenues

Over a year into the pandemic, Covid-19 continues to impact all facets of life. From a business perspective, we most often talk about remote work and “the new normal.” And rightly so. After more than 12 months of working from home, people want to know what the future looks like. But today, we're talking about…

Energy Sector Overview: Trends, Innovation, & Challenges

Energy sector companies are involved in research, discovery, production, transportation, and distribution of energy. The energy industry includes a wide variety of activities and companies. However, when describing issues related to energy sector trends, innovation, and challenges, there is one critical bifurcation. The energy industry consists of 1) non-renewable energy (oil and petroleum, gasoline, natural…

Getting Passed Over for Promotion: Does Remote Work Make It More Likely?

Getting passed over for a promotion is something most people experience at some point. Of course, this is disappointing. But if you’re not careful, that disappointment can fester into resentment and insecurity. Better to transform the disappointment into motivation as you reorient to your long-term goals. That said, if you’re motivated by advancing within your…

Vaccine Distribution Plan: A Lesson in Operations Management

Vaccine distribution promises to be the silver bullet that stops the spread of Covid and ends the pandemic. But the distribution of Covid vaccines is just one step in a complex supply chain. Packaging, transporting, storing, and administering vaccines all represent stages of the process that create headaches at scale. The development of Covid vaccines…