StrategyU
MARCH 10, 2024
The mystique of strategy consulting has inspired films such as Office Space and Up In the Air and TV shows like House of Lies. Satire or not, the cliches associated with consulting do have an impact on how consultants are perceived, especially when validated by news reports about rogue consultants and disclosures of consulting debacles.
StrategyU
MARCH 31, 2022
The Experience Curve is one of the most famous frameworks in consulting. It was developed in the 1960s by Boston Consulting Group (BCG), one of the biggest consulting companies in the world at the time. They pointed out two things about the problems with experience curves. If they are, then there is a clear problem.
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StrategyU
NOVEMBER 15, 2023
Think about a problem that you are facing today. “I But if you told a consultant about the problem, they would likely ask you a bunch of questions before saying that. This is a very different problem that needs to be addressed very differently (and reducing your caffeine intake won’t help!).
StrategyU
AUGUST 22, 2023
To demonstrate this, I asked Bard , googles AI chat tool, the following question: “What are three ways someone might use a tool like Bard that would help them work like a strategy consultant?” This information can then be analyzed to identify trends, patterns, and insights that would be helpful to a strategy consultant.
StrategyU
OCTOBER 2, 2023
In consulting, I was taught to start with the answer. The tendency to feel like you need to “prove” to managers or senior leaders that you spend a lot of time working on something. Do you have a toolkit for business problem solving? You can’t just tell them the answer briefly. Or can you?!!
StrategyU
JULY 23, 2021
Having made this transition after working in the consulting industry was easier than it would have been if I had made the leap from industry but there was still a lot I had to figure out along the way. Managing this delicate balance is vital to ensure you lay the groundwork to building a lasting freelance business.
StrategyU
OCTOBER 2, 2023
” The job of a great consultant is not just to repackage information. ” The challenge in consulting is that often the client AND the consultant don’t actually know how to work together. The same pattern can apply to a knowledge professional and a manager. ” to themselves as they analyzed the data.
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