by Consultant's Mind | Graphics
This is the second section review of Duarte’s Slideology (affiliate link). This agency has become a sensation after they did Al Gore’s Inconvenient Truth presentation and also a famous TED talk here. Chapter 2 – Create ideas, not slides I will...
by Consultant's Mind | Graphics
Slideology This is a book from 2008 about PowerPoint. It is well-structured, thoughtful, and a massively influential book in the “presentation business”. It makes a whole lot of sense to me and is quite easy-to-read. Nancy Duarte has been doing this for...
by Consultant's Mind | Graphics
Consultants see patterns It’s a core part of our job to analyze data, separate the signal from the noise, and interpret the patterns. Some are better than others and it’s a talent that takes time to turn into a skill. Find good presentations and study...
by Consultant's Mind | Consulting
This is from 4 years ago and covers the Minto’s pyramid principle – one of the most important concepts in executive communication and logical structuring of arguments. This is really big at all the big 4 and big 3. It is the scaffolding of management...
by Consultant's Mind | Consulting
A statement of work (SOW) is a phrase you will hear almost daily in your life as a consultant. It’s the contract with the client on what you will be done and how much they will pay. Basically, it’s the lifeblood of a firm’s utilization,...
by Consultant's Mind | Learning
Surprisingly, people use email poorly They write long-winded email essays that are ambiguous, and often copy too many people. These sloppy people create more confusion, frustration and rework. In this case, more communication is actually worse. Take 15 seconds to...
by Consultant's Mind | Consulting
What do McKinsey presentations looks like? Please find links to 20+ McKinsey presentations which are publicly available online. Many of these are from conferences, or governmental / non-profit organizations clients who have chosen to make them available online. Yes,...
by Consultant's Mind | Consulting
Stay curious, hunt for the answer yourself Over the last two weeks, this scenario has repeated itself a few times. A junior consultant I am working with hits a simple roadblock and instead of reflecting on the problem and hunting out an answer, they pull the brakes...
by Consultant's Mind | Consulting
McKinsey & Company do great work. On this blog, I have written about their leader, culture, high-visibility assignments at the CIA, and Department of Corrections. Overall, have enormous respect for the work they do, and the way they have built their practice. So,...
by Consultant's Mind | Consulting
Use PowerPoint daily Is that possible? Yes. Over the last 20 years, there are very few days when I have not worked in PowerPoint. Sad, but true. Even when I am not creating one, I am often reading investor relations presentations or analyst reports. Pay attention to...
by Consultant's Mind | Consulting
Who does not love using the whiteboard? It makes the experience creative, tactile, interactive, and open-ended. It’s a running joke with my teams that I will take any opportunity to pickup a dry-erase pen and head towards the whiteboard – like a moth to a...
by Consultant's Mind | Team
Consulting is tribal Each of the partners (chieftains) typically have a group of “go-to” principals, senior managers, and network of consultants (tribe) who work on their projects. For even the unobservant person, these tribes become clear: He is one of...
by Consultant's Mind | Fun
Thanks for reading this blog (written in 2015) I have enjoyed your company and comments. Hope you find this stuff – not so boring – and potentially helpful. Some survey results which hint at www.consultantsmind.com readers. As my wife flattered me and also...
by Consultant's Mind
Consultants are a strange breed. We span all industries, but ultimately we are in the business of helping executives make difficult decisions and implement change. It is a combination of strategy (head), culture (heart), and operations (hand). Oddly, the most...
by Consultant's Mind | Consulting
It’s one person’s opinion, but here are 130 blog posts which I wrote over the last 3 years to describe my world-view of consulting. Hope you find it useful. Consultants are a strange breed We span all industries, but ultimately we are in the business of...
by Consultant's Mind | Consulting
Design is popular. It’s not surprising that McKinsey & Company bought a design company. Many consulting firms are branching out with acquisitions in areas which were once considered non-core. Deloitte has picked up a few digital agencies. Accenture bought...
by Consultant's Mind | Fun
I have flown Delta for 15 years, but just recently discovered Delta Studio. For those who don’t know, you can watch free movies and TV shows using GoGo Inflight Wi-fi. Phone: Download GoGo app. Connect to wifi, open app. Click of Delta Studio. Laptop: Connect...
by Consultant's Mind | Fun
23 consultants were in a restaurant. . . The leadership team of our consulting practice were enjoying wine and canapes. (Yes, consultants eat well). My buddy and I were talking and when we looked out the window into the January Chicago night, someone was staring...
by Consultant's Mind | Learning
Frankly, good writing is rare All of us have suffered through obtuse, boring business brochure-ware. Lots of jargon that means nothing. Read and write a lot It helps to read a lot. Helps you to pattern-recognize good writing. In particular, the Economist is...
by Consultant's Mind | Learning
Ever have writer’s block? Try using this simple process to breakdown your writing into the right process steps. It’s called madman, architect, carpenter, and judge. The idea is simple, but instructive. There are 4 different writing personas tugging at you...
by Consultant's Mind | Fun
Fiverr.com I discovered this website just a few months ago. The concept is simple, if not remarkable. It is a market where people offer services starting at $5. It varies from proof-reading your resume, writing a jingle, sketching something on paper, or even...
by Consultant's Mind | Team
love coaching It is one of the most meaningful parts of this consulting job. Sometimes I am more focused on coaching the junior resources than the client. Probably not a good mindset, but that is the part of the job that I get excited about. I am not a certified...
by Consultant's Mind | Team
Professional services is about people That should come as no surprise, of course. Clients pay our salary. There is no real “equipment” that we are operating. It’s just a lot of smart people, trusting each other, and working together. Simple. Yes, we...
by Consultant's Mind | Consulting
I know what success looks like I have been consulting executives for the last 15 years – as an external management consultant, as a strategic planner, or as a organization design project lead. Spent a fair amount of time with CEO, COO, CFO, VP of this, and...
by Consultant's Mind | Consulting
Feedback keeps you sharp All professionals should be thankful for authentic and well-meaning feedback. It’s a way to gauge our performance, impact, and influence. Good or bad feedback is useful, when it comes from someone we respect. Companies pay $millions to...
by Consultant's Mind | Consulting
Sometimes we are the bad guys People hire consultants for many reasons, one of which, is to be the bad guys. Look at this article about how Deloitte is helping some of Iowa’s public universities cut costs here. Consultants usually stay behind the scenes This is...
by Consultant's Mind | Consulting
This week I went out to dinner with team mates twice. On each night, I heard inspirational stories from my team mates – 1 personal and 1 professional – that really made me think deeply about how I am living my life. One story was about friendship; staying...
by Consultant's Mind | Consulting
When you are on a large consulting project, it’s easy to get lost. Lost in the activities, status reports, client meetings, and project management mess. It’s easy to forget the basics. . . Get back to basics Think What a great job where clients pay you...
by Consultant's Mind | Team
“I do this” said the newbie manager I gave this advice to a newbie manager this week. The manager kept acting like an individual contributor, as if that was enough to succeed. He kept saying, “well, I do this” and “I do that”. Wrong...
by Consultant's Mind | Learning
This is my calendar from a recent week. Granted some of these were client interviews, but needless to say, the real work and thinking was done between meetings, or at night at the hotel. The time before and after the meeting were also “wasted” because I...
by Consultant's Mind | Consulting
What’s the deliverable? You will hear this jargon often. A deliverable is the final product of a consulting phase or project. It comes in many forms: excel model, marketing plan, master facilities plan, workshop, customer research, or presentation. As an...
by Consultant's Mind | Learning
There is a famous TED talk by Simon Sinek called How Great Leaders Inspire Action. 57 million have watched it so far. If you have an interest in consulting, management and persuading people into action, you need to watch it here. The concept is basic, but powerful...
by Consultant's Mind | Learning
Opportunity cost = what if? I first learned about opportunity cost in college. It was a radical idea for me at the time, and frankly, clients and consultants probably don’t think about it enough. The idea is simple, but powerful; resources you plan to spend...
by Consultant's Mind | Graphics
Never My colleagues and I disagree about this. Some use clipart or photos to demonstrate the emotion or “mood” of a PowerPoint. Not me. Call me a puritan. I tell my team to not include clip art or superfluous photos. It shows a lack of substance. If you...
by Consultant's Mind | Graphics
I have subscribed to the Economist for 20+ years. Solid reporting. Libertarian angle, but with a strong heart. Another benefit are the excellent graphs. Consultants love graphs Executives are visual people, and graphs can make an enormous impact without using too...
by Consultant's Mind | Consulting
Sigma You will hear about this a lot in operations consulting. It is the idea that a process is very consistent and repeatable. Six sigma means there are only 3.4 defects per 1 million units. Essentially, it is almost perfect. Motorola coined the term in the 1980s...
by Consultant's Mind | Consulting
What does success look like? During a consulting interview, a candidate once asked me, “What are you looking for in a candidate?” No surprise, I answered “It Depends.” As I described in a previous post called Finders, Minders, and Grinders,...
by Consultant's Mind | Consulting
This is the most important thing you need to know as an operations consultant. Bold statement I know, but Lean is so pivotal and fundamental, it precedes other concepts I M H O. Lean cannot be overstated. Lean is a philosophy of management, corporate culture, set of...
by Consultant's Mind | Consulting
Does your project require excel / Tableau? Whatever your project scope, if you are not using excel – to categorize, count, calculate, or correlate things – I would argue that you really don’t have much of a project. It’s my bias, but a project...
by Consultant's Mind | Consulting
Consultants are structured thinkers They may not have as intuitive a grasp on the topic as the client – after all, the client has been living in this field their entire life – but consultants excel at piecing together bits and pieces of data until it...
by Consultant's Mind | Learning
I am not in HR, a recruiter, or even a super linkedin.com user. That said, I was on the recruiting team at a Big 4 consulting, and we looked through hundreds of resumes every year and 90% of them went into the trash. We probably spent less than 15 seconds on a cover...
by Consultant's Mind | Consulting
Consulting = Team Sport Consultants work in teams. Consultants work in packs. We are hired to work on messy problems which are often complex, ambiguous, political, and time-sensitive. Basically, it’s a lot of work that has to be done in a short(er) amount of...
by Consultant's Mind | Graphics
Bain & Company is known for big thinking This 44 page report is no exception. Bain reviews eight global trends that will each generate a $ trillion+ of growth. Trillion with a T. Look at the concepts below, and you can see this big-think, Alvin Toffler-type...
by Consultant's Mind | Fun
Jeff Bezos is clearly not your typical guy Valedictorian of his high school class, summa cum laude in electrical engineering from Princeton, ex-hedge fund manager. Starts online bookstore, but then grows it into the largest online retailer. Takes Amazon.com public in...
by Consultant's Mind | Learning
Consulting is stressful Traveling in a middle seat. Creating presentations from an empty, white PowerPoint template. Working with a new team. Meeting new clients. Learning on the job. Crunching data in a hotel room. Reworking data that was bad. Yes, consulting is a...
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...
by Consultant's Mind | Fun
Started writing this blog a year ago At the time I had no idea where it would lead, but after 40,000+ words I still enjoy the work. As consultants, we are paid by to think rigorously and creatively through problems – and yet, it’s a shame there is not a...
by Consultant's Mind
Management consultants are successful largely because of their skills, tools, and know-how. How are they able to successful do work across industries, clients and functions? From the last 4 years of blog posts, please find the top 50 posts about consulting skills,...
by Consultant's Mind | Graphics
Visual.ly is a website that showcases thousands of infographics where data is displayed in unique and fun ways. For consultants who are in the business of telling stories with data, it is worth a few minutes of your time. Consulting presentations are simpler 90%+ of...
by Consultant's Mind | Consulting
Yes, consulting = PowerPoint One colleague joked that he gets to the client sites, turns on the computer and just opens up PowerPoint – even before opening email or anything else. Like a baker who turns on the oven as soon as he enters the kitchen. It’s a...