StrategyU
OCTOBER 2, 2023
The same pattern can apply to a knowledge professional and a manager. Do you have a toolkit for business problem solving? The client doesn’t know which questions to ask to get the consultant to magically read their mind and the consultant often is waiting for orders about what to do next. So remember.
StrategyU
MARCH 10, 2024
Often hysterically funny and uncomfortably close to the truth (the consultants’ whiteboard in Office Space with the title “Planning to Plan” is a personal favorite), Hollywood’s depiction of strategy consulting relies on an out-of-date perception of management consulting that looks nothing like the reality of the present.
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StrategyU
SEPTEMBER 11, 2023
McKinsey was one of the first firms to invest heavily in “knowledge management” in the early 2000s. Before going under the fancier sounding “knowledge,” most consulting firms had libraries with physical books and resources that were managed by professionals with a background in library science. It was really good.
StrategyU
MARCH 31, 2022
They pointed out two things about the problems with experience curves. Cost reductions due to learning and technology are the result of continuous, planned efforts by management. Cumulative experience does not guarantee that costs will decline but simply presents management with an opportunity to exploit.
StrategyU
OCTOBER 2, 2023
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? In consulting, I was taught to start with the answer. It feels weird because of a tendency I call book-report thinking. So remember.
StrategyU
NOVEMBER 15, 2023
This is why consulting can feel more like therapy than business problem-solving. This is the value of a consultant, the ability to continue to search for the problem behind the problem. Managing scope creep is an art and how much “creep” a consultant allows is really a matter of judgment.
StrategyU
AUGUST 22, 2023
This might help you prepare for a negative reaction from a manager by more easily letting you practice going through the experience beforehand. Do you have a toolkit for business problem solving? There are so many more potential uses but if you’re not at least playing around with it, I think you are missing out.
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