by Consultant's Mind | Consulting
Platform for consulting? A few ex-consultant friends and I mused over this concept several times in Marriott hotel bars across the country. “Why not set up a two-sided platform (think: VRBO, UBER) where companies can hire consultants for 1/3 of the price? Cut...
by Consultant's Mind | Consulting
The Financial Times wrote a short scathing article on the management consulting industry here. Some valid points, but clearly a quickly assembled article with a Warren Buffett quote and visual used as a wrapper. If you are going to argue that a $133 billion industry...
by Consultant's Mind | Learning
Corporate learning and development is a huge market Training magazine estimates here that it is approximately $70 billion annually for companies with more than 100 employees. While that is a huge number, it feels about right. All of this training takes the form of...
by Consultant's Mind | Learning
Gender blind consulting? For any of us in management consulting, we are fairly blind to gender in the work place. You see men and women partners, principals, senior managers, managers, senior consultants, consultants, analysts, and interns. Yes, I do believe there...
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 | Fun
I was reading an article in the Economist about immigrant diasporas. Overseas Chinese, Indians, and Jews are a few examples of tight-knit, highly-educated, geographically-dispersed groups, who are extremely successful and make things happen. The article argues that...
by Consultant's Mind | Consulting
Clearly, this is some type of slang, but what does it mean? David Maister coined this term to describe the different roles you find in a professional services organization. Yes, he advised law firms on how to build their practices, but this advice applies to...
by Consultant's Mind | Consulting
Management consulting Continues to do well. The Economist posted this chart last week which shows that McKinsey, Bain, and BCG all grew by double digits in 2011. The revenue trend is clearly up. Bain grew by 17% YoY. The consulting outlook is good. Companies are...
