Firmsconsulting maintains a 80% success rate at placing clients within McKinsey, BCG and Bain. This is the highest in the industry and the rate is higher if we include other firms. We achieve this rate because we only use former partners from McKinsey, BCG et al to develop our clients. This makes us unique. We never use analysts, associates, engagement managers or associate principals. We also carefully select and develop clients on their communication, image, technical and case interview skills. This podcast channel describes our lessons from training our clients. www.firmsconsulting.com www.strategytraining.com
Solving a case while talking an interviewer through your thinking (written or otherwise) is, for the interviewer, a little like trying to understand a presentation without seeing the slides. Or at the very least seeing untidy slides – that is, assuming your working sheets are messy. Here we talk through the anatomy of a case dialogue pointing out key mistakes candidates make and a very simple technique they can use when communicating in case interviews. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
2/5/2024 • 11 minutes, 55 seconds
650: Confidence and content traps in case interviews (Case Interview & Management Consulting classics)
This podcast is about the impact of confidence on cases and the importance of avoiding the content trap. We use simple ratios to explain why you need to be confident and how the content-trap sinks many candidates. The content trap occurs when a candidate tends to have poor knowledge of the first principles of cases and rather relies on completing as many cases as possible in the hopes of memorizing all possible frameworks. This is a losing strategy since they are not learning how to solve cases. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/31/2024 • 10 minutes, 19 seconds
649: FLUKE: Chance, Chaos, and Why Everything We Do Matters (with professor of global politics at University College London, Brian Klaas)
Welcome to an interview with the author of Fluke: Chance, Chaos, and Why Everything We Do Matters, Brian Klaas. In Fluke, myth-shattering social scientist Brian Klaas deep-dives into the phenomenon of randomness, unpicking our neat and tidy storybook version of events to reveal a reality far wilder and more fascinating than we have dared to consider. The bewildering truth is that but for a few incidental changes, our lives - and our societies - would be radically different. Offering an entirely new perspective, Fluke explores how our world really works, driven by strange interactions and random events. Brian Klaas grew up in Minnesota, earned his DPhil at Oxford, and is now a professor of global politics at University College London. He is a contributing writer for The Atlantic, host of the award-winning Power Corrupts podcast, and frequent guest on national television. Klaas has conducted field research across the globe and advised major politicians and organizations including NATO and the European Union. You can find Brian at BrianPKlaas.com and on Twitter @BrianKlaas. Get Brian’s book here: https://rb.gy/gueipv Fluke: Chance, Chaos, and Why Everything We Do Matters Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
At least 90% of aspiring management consultants assume that all McKinsey et al cases MUST be solved with frameworks. That is a dangerous myth. At least 60% of all McKinsey full cases (we are not referring to brainstorming, estimates, etc) cannot be solved with structures and you will fail if you used structures to solve them. In this podcast, we use the experiences of a client, Felix, to explain how to identify this second group of cases and what you can do to solve them. We particularly look at Felix's coaching session with Kevin Coyne, ex-McKinsey Worldwide Strategy Co-Leader, in Season One of The Consulting Offer. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/24/2024 • 11 minutes, 40 seconds
646: If VCs & Gov. join forces we can solve society’s biggest problems (with venture capitalist and lecturer at Stanford University, Arun Gupta)
Welcome to an interview with the author of Venture Meets Mission: Aligning People, Purpose, and Profit to Innovate and Transform Society, Arun Gupta. The book argues that if Business, Government, and Society come together, rebuild trust, and collaborate, we have a generational opportunity to address societal challenges―climate change, cybersecurity, disease outbreaks, food insecurity, and education. The book explains, with hope and passion, how our existing entrepreneurial ecosystem, with the ideals of democracy, can be the foundation for a new mission-driven capitalism. Arun Gupta is a venture capitalist, Lecturer at Stanford University, and Adjunct Entrepreneurship Professor at Georgetown University. He is CEO of NobleReach Foundation, which is focused on catalyzing and inspiring a renewed spirit of national service through innovation. Get Arun’s book here: https://rb.gy/9eu518 Venture Meets Mission: Aligning People, Purpose, and Profit to Innovate and Transform Society Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/22/2024 • 54 minutes, 42 seconds
646: Courageous Leadership (with Best-selling author and Harvard Business School professor, Ranjay Gulati)
Welcome to an interview with the author of Deep Purpose: The Heart and Soul of High-Performance Companies, Ranjay Gulati. In his book, Ranjay reveals the fatal mistakes leaders unwittingly make when attempting to implement a reason for being. Moreover, he shows how companies can embed purpose much more deeply than they currently do, delivering impressive performance benefits that reward customers, suppliers, employees, shareholders, and communities alike. To get purpose right, leaders must fundamentally change not only how they execute it but also how they conceive of and relate to it. Ranjay Gulati is the Paul R. Lawrence MBA Class of 1942 Professor and the former Unit Head of the Organizational Behavior Unit at Harvard Business School. Until recently, he chaired the Advanced Management Program, the flagship senior leader executive program, at the school. Professor Gulati has been ranked as one of the top ten most-cited academics in the fields of economics and business by ISI-Incite and has received similar recognition from The Economist, Financial Times, and the Economist Intelligence Unit. Professor Gulati studies how “resilient” organizations—those that prosper both in good times and bad—drive growth and profitability. His work bridges strategy (establishing clear strategic pillars for growth), organizational design (reimagining purposeful and collaborative organizational systems), and leadership (fostering inspired, courageous, and caring execution). Get Ranjay’s book here: https://rb.gy/31r53k Deep Purpose: The Heart and Soul of High-Performance Companies Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/17/2024 • 52 minutes, 9 seconds
645: Important case interview elements to consider (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we talk about important case interview elements to consider. Analyzing customers, competitors and the market: 3 areas which must always be considered in cases, even when it is not clear why. In essence, all businesses exist to serve customers. A business cannot exist without customers and to understand demand you must understand customers. The ability to meet demand is impacted by competitors/substitutes and market barriers like legislation, inflation etc. Therefore, these three areas must be analyzed in cases where demand may be an issue. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/15/2024 • 9 minutes, 25 seconds
644: Brainstorming with definitions (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we talk about brainstorming with definitions. Brainstorming is very difficult and a crucial skill to have when solving cases, especially with McKinsey where the interviewer will constantly ask you to probe and brainstorm different areas of the case. This podcast examines the initial parts of the brainstorming structure. Since brainstorming happens in such a rapid-fire format and appears unstructured, the speed at which it is done creates the illusion it lacks structures. Yet, it does have structure, but is merely done very quickly in the candidate's mind. This podcast will teach candidates how to generate a structure/definition that can be used to guide the development of options or paths in the brainstorm. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/10/2024 • 5 minutes, 9 seconds
643: Giving interviewers benefit of the doubt (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we talk about the importance of you, the candidate, never ever giving the interviewer the benefit of the doubt, why this is vital, how to do this in a case and the improvement it will immediately deliver. The main value of adopting this mindset is that you tend to explain everything to the interviewer because you assume he is not aware of all the answers. If you enter an interview, assuming the interview is "perfect", you will tend to make assumptions which hurt your chances and damage your image. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/8/2024 • 8 minutes, 30 seconds
642: McKinsey Weak School (Case Interview & Management Consulting classics)
Entering BBM with a weak school on your resume can create problems. Though, all of them tend to be created by the candidates themselves. These consultants tend to have so many incorrect preconceived ideas of the firm that even when a McKinsey partner tells them something, they tend to go with their preconceived ideas. As strange as that may sound, that is what we have seen happen in many cases. There are certain things you can do this alter this spiral, should it occur. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/3/2024 • 6 minutes, 22 seconds
641: Building Hypotheses From Data Exhibits (Case Interview & Management Consulting classics)
Reading graphs is a perennial problem for many candidates. Yet, the problem is not the interpretation of the graphical data itself. Rather, it is knowing what to do with that data once you have interpreted it. This podcast introduces a simple 4-step process we introduced for a Yale doctoral client, Felix, and a technique called the One-Sentence-Test which we again developed for the same client. The improvement in her answers warrants sharing this technique. You can see Felix's Improvement in Season One of The Consulting Offer. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/1/2024 • 13 minutes, 7 seconds
640: You Cannot Join McKinsey Strategy
Far too many candidates demonstrate poor knowledge of consulting by insisting that they want to work for McKinsey strategy and not operations or BTO. This is a flawed strategy which will only hurt their chances in the short, medium and long-term. This podcast explains why and how to compensate for this misunderstanding. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
12/27/2023 • 10 minutes, 36 seconds
639: Ignoring partners in an interview (Case Interview & Management Consulting classics)
You have been brainwashed by every single forum and case book to assume that McKinsey wants a framework and set of hypotheses, that you have stopped listening as carefully to the interviewer and simply providing hypotheses even when the interview is not asking for them! Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
12/25/2023 • 9 minutes, 38 seconds
638: Evaluating your firm's training (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss consulting firm's training. Too often clients ask the wrong questions when it comes to assessing training at consulting firms: do smaller offices have poorer training, should I attend training as soon as I join, does BCG have better training than Bain etc. When considering training you need to both consider formal and informal training. As we show, formal training is very useful, but not at all for the hard/technical skills it purports to impart on attendees. Informal training, also known as training on an engagement, is most effective when consultants can practice under diverse conditions. In other words, the more you travel and work with foreign teams, the better will be your training. Some firms encourage more global staffing and others far less. That counts. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
12/20/2023 • 13 minutes, 13 seconds
637: How to Develop Your Strategic Fitness (with New York Times and Wall Street Journal bestselling author, Rich Horwath)
Welcome to an interview with the author of Strategic, Rich Horwath. In his book, Rich delivers an incisive roadmap to help leaders at all levels think, plan, and act strategically to navigate every business challenge they face. The book offers business leaders a proven framework―the Strategic Fitness System―containing dozens of tools, techniques, and checklists to confidently master every area of the business, from designing market-winning strategies to shaping the organization’s culture. Rich Horwath is founder and CEO of the Strategic Thinking Institute where he is a strategy facilitator, advisor, and coach to executive leadership teams. He is the New York Times and Wall Street Journal bestselling author of eight books on strategic thinking and rated the number one keynote speaker on strategy at national events, including the Society for Human Resource Management Strategy Conference. Rich has helped more than a quarter million people develop their strategic thinking and planning capabilities over the past 20 years in pursuit of his vision to teach the world to be strategic. Get Rich’s book here: https://rb.gy/ml6vk9 Strategic: The Skill to Set Direction, Create Advantage, and Achieve Executive Excellence Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
12/18/2023 • 50 minutes, 33 seconds
636: Internal and External Strategies for Optimizing Your Sales Conversations and Communicating Solutions (with B2B Sales Expert, Rana Salman)
Welcome to an interview with Rana Salman, M.B.A, PhD, a renowned expert in the sales industry who is transforming the performance of sales teams worldwide. With a background in marketing and years of experience in enterprise-level B2B sales, she has established herself as a trusted partner for global organizations seeking to elevate their sales strategies and execution. As the founder of Salman Consulting, LLC, Salman collaborates with midsize and Fortune 500 IT companies to create tailored sales strategies, develop compelling sales content, and deliver impactful training sessions. Whether it's in-person, through webinars, or on-demand, her expertise in sales and sales enablement ensures an optimized end-to-end customer experience that fosters loyalty and drives revenue growth. Beyond her consulting work, Salman is a cofounder of WiSE (Women in Sales Enablement), a thriving networking group connecting female sales enablement professionals from around the world. Through WiSE, she facilitates the exchange of ideas and knowledge-sharing among industry peers. She was recognized as one of the Women Making an Impact in Enablement by Sales Enablement PRO in 2022 and named one of the Top Female Sales Practitioners for Your Next Panel, Presentation, or Podcast by Sales Hacker in 2021. Her expertise has also led her to be a sought-after guest speaker at prestigious events like the Texas Conference for Women, Sales Enablement Society Conference, and Competitive Marketing Summit. Get Rana’s book here: https://rb.gy/i7ix7c Sales Essentials: The Tools You Need at Every Stage to Close More Deals and Crush Your Quota Here are free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
12/13/2023 • 49 minutes, 22 seconds
635: How to Disrupt a System That Was Built to Hold You Back (with Northwestern University Professor, Lan Nguyen Chaplin)
Welcome to an interview with a Professor of Integrated Marketing Communications, at Northwestern University, Lan Nguyen Chaplin. In this episode, we focused on how to disrupt a system that was built to hold you back. We also touched on to move past an embarrassing moment at work. Lan Nguyen Chaplin, Ph.D. is Professor of Integrated Marketing Communications, at Northwestern University, Medill School of Journalism, Media, Integrated Marketing Communications. She is also a member of the Core Faculty, Golub Capital Social Impact Lab at Kellogg School of Management. She received her Ph.D. in marketing from the University of Minnesota (Carlson School of Management), and her B.A. in neuroscience with a concentration in behavioral medicine from the University of Pennsylvania. She was named one of the Top 50 Undergraduate Business Professors in the world by Poets & Quants (November 2018) and set a new record for top undergraduate professor nominations in the process. She has taught at the University of Illinois at Chicago, Villanova School of Business, University of Arizona, Eller College of Management, the University of Illinois at Urbana-Champaign where she was also the Head Coach of the Illinois Women’s Lacrosse Club team, and the University of Minnesota, Carlson School of Management. Professor Nguyen Chaplin conducts research in the areas of children’s consumer behavior and branding. She publishes in outlets including, Science, Harvard Business Review, Journal of Consumer Research, Psychological Science, Journal of Consumer Psychology, Child Development, Journal of the Academy of Marketing Science, and Journal of Public Policy & Marketing. Her research has been covered by TIME, Forbes, National Geographic, The New York Times, Fortune, Esquire Magazine, MSN, NBC Boston, ABC news radio, CBS news, Washington Times, Yahoo! Finance, Yahoo! Parenting, Scientific American, Smithsonian Magazine, New York Magazine, Popular Science, Psychology Today, and Glamour. Her article with Marsha Richins titled “Material Parenting: How the Use of Goods in Parenting Fosters Materialism in the Next Generation,” won Best Paper published in the Journal of Consumer Research (Financial Times top 50 business journals), in 2018 and was one of the most highly cited JCR articles in 2016. Her work on the development of materialism in children won one of the most prestigious awards in the marketing discipline—the ACR-Sheth award for public purpose research. She and her collaborators have presented their research throughout the USA and around the globe (Australia, Austria, Belgium, Canada, England, France, Germany, Hong Kong, Italy, and Singapore). She serves on the Editorial Review Board of the Journal of Consumer Research, Journal of Public Policy & Marketing, Journal of Consumer Affairs, and Journal of Positive Psychology. Professor Nguyen Chaplin teaches at the Ph.D., MBA, and undergraduate levels and has received numerous teaching accolades. Visit Lan’s website: https://lanchaplin.com/ Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
12/11/2023 • 45 minutes, 41 seconds
635: How to influence your interviewer (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss a client who is very good at influencing the way interviewers work with her, and the subtle danger of her approach. A counter-point to this is another candidate who initially completely mismanaged his image, and we discuss the impact of his actions and what happened when he changed. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
12/6/2023 • 22 minutes, 38 seconds
634: How do you gain more experience? (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss how to gain more experience. Many candidates are declined with the suggestion to gain more work experience. Unfortunately, candidates take this feedback at face value. This podcast explains what this feedback means and suggests a vital shortcut to fix this problem. Hint, it does not require work experience at all. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
12/4/2023 • 11 minutes, 47 seconds
633: Key differences in Bain FIT questions (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss key differences in Bain FIT questions. In looking through our database of over 240 former clients and speaking to Bain partners we know, we see two unique ways a Bain fit interview differs from a McKinsey PEI. The first relates to way in which you interact with the interviewer as you deliver your response, and the second relates to a very specific attribute that Bain seeks in your fit responses. Both differ substantially from a McKinsey or BCG interview. In fact, EVERY single client we placed at Bain strongly displayed these two characteristics. It is uncanny how close a correlation exists. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
11/29/2023 • 13 minutes, 19 seconds
632: A guide to hiring the best talent (with CEO and Founder of Vanderbloemen Search Group, William Vanderbloemen)
Welcome to an interview with the author of Be the Unicorn: 12 Data-Driven Habits that Separate the Best Leaders from the Rest, William Vanderbloemen. In his book, William reveals how job seekers, employees, hiring managers and company leaders everywhere can stand out from their peers and become irreplaceable, building the careers they've always wanted. William Vanderbloemen has been leading the Vanderbloemen Search Group for 15 years, where they are regularly retained to identify the best talent for teams, manage succession planning, and consult on all issues regarding teams. This year, Vanderbloemen will complete their 3,000th executive search. Prior to founding Vanderbloemen Search Group, William studied executive search under a mentor with 25+ years of executive search at the highest level. His learning taught him the very best corporate practices, including the search strategies used by the internationally known firm Russell Reynolds. Prior to that, William served as a Senior Pastor at one of the largest Presbyterian Churches in the United States. Get William’s book here: https://rb.gy/45lms Be the Unicorn: 12 Data-Driven Habits that Separate the Best Leaders from the Rest Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
11/27/2023 • 40 minutes, 21 seconds
631: The Power of Conscious Connection (with CEO OF KUSI Global, Inc. and Harvard University Fellow, Talia Fox)
Welcome to an interview with the author of The Power of Conscious Connection: 4 Habits to Transform How You Live and Lead. In this book, Talia shares her methodology for transforming how we live and lead by first tapping into our own power so that we can make choices that align best with what really matters to us as individuals. The Power of Conscious Connection is a blueprint for a more conscious, compassionate, and connected world. Each page of this book will stir you to the core, awaken your senses, and challenge you to commit to a new way of living and leading. In a time where division seems to prevail, Talia Fox reminds us of our potential for coming together. Talia Fox is the CEO of KUSI Global, Inc. She holds an M.Ed. in counseling psychology from Howard University and she is a Harvard University Fellow. An inspirational leader in every sense of the word, Talia is often referred to as the Jedi of Inspiration by her clients. With over two decades of experience in transforming thousands of executives from all sectors, she has become a visionary for leadership and legacy building. Her extensive background in psychology and education has given her the tools she needs to assist leaders in developing successful strategies for complex missions, ranging from defense systems to healthcare initiatives. As CEO of KUSI Global, Inc., Talia helps organizations like the U.S. Securities and Exchange Commission, Harvard University, Transunion, the National Institutes of Health, Howard University, and the U.S. Departments of Defense and Veterans Affairs maximize human potential by leveraging strategic intelligence and helps individuals and organizations foster connected cultures and promote conscious equity. Get Talia’s book here: https://shorturl.at/aiwAQ The Power of Conscious Connection: 4 Habits to Transform How You Live and Lead Visit Talia’s website: https://kusitraining.com/ Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
11/22/2023 • 52 minutes, 23 seconds
630: Leadership and the Longing to Belong (with CEO and co-founder of Reboot.io, Jerry Colonna)
Welcome to an interview with the author of Reunion: Leadership and the Longing to Belong, Jerry Colonna. In this book, Jerry guides us on a journey of reunification with the disowned parts of ourselves, the myths and truths of our ancestors, as well as a deeper connection with those most affected by systems of exclusion. Jerry Colonna is the CEO, and co-founder, of Reboot.io, an executive coaching and leadership development firm whose coaches and facilitators are committed to the notion that better humans make better leaders. For nearly 20 years, he has used the knowledge gained as an investor, an executive, and a board member for more than 100 organizations to help entrepreneurs and others to lead with humanity, resilience, and equanimity. Previous to his career as a coach he was a partner with JPMorgan Partners (JPMP), the private equity arm of JP Morgan Chase. He joined JPMP from Flatiron Partners, which he launched 1996 with partner, Fred Wilson. Flatiron became one of the most successful, early-stage investment programs in the New York City area. Jerry is the author of Reboot: Leadership and the Art of Growing Up (2019), and Reunion: Leadership and the Longing to Belong (2023). Get Jerry’s book here: https://rb.gy/h9a6aReunion: Leadership and the Longing to Belong Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss bonus versus salary resume. Bonus versus salary resume is a very simple test we do on resumes. This podcast explains the test. We basically look at whether or not a bullet point explains an action which earned you a salary or would have resulted in a bonus. The latter is vital and the former should be purged from your salary. McKinsey looks for things on your resume which earned you your resume. It is important to understand that merely doing your job is not an achievement in itself. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
11/15/2023 • 8 minutes, 27 seconds
628: Economic impact of poor business judgement (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss the economic impact of poor business judgement. The economic impact of poor business judgement, is a topic we managed every day as partners. Each time an associate made a poor “common sense” decision we needed to explain both the potential reputation and economic damage done to the firm. The former is well-known, but the latter is less known but just as important. In thinking through why consulting firms look for business judgement, it helps to consider the economic impact to clients and the firm. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
11/13/2023 • 8 minutes, 14 seconds
627: USA Champion Gymnast turned entrepreneur & VC, Lisa Carmen Wang — Overcoming Good Girl Brainwashing
Welcome to an interview with the author of The Bad Bitch Business Bible, Lisa Carmen Wang. The Bad Bitch Business Bible is Lisa’s no-holds-barred guide for women who want to break free of Good Girl Brainwashing and take charge of their bodies, boundaries, and bank accounts. Interweaving intimate personal stories with large life lessons, Lisa shows you how to transform from insecure good girl to unapologetic Bad Bitch so you can start earning the money, power, and respect you deserve. Lisa Carmen Wang is the Founder & CEO of BAD BITCH EMPIRE, a community investment platform building unapologetic worth and wealth for women. She is a former 4-Time USA National Champion & Hall of Fame Gymnast turned serial entrepreneur, angel investor, venture capitalist, certified executive coach, and global speaker. She has been named Forbes 30 under 30 in Venture Capital, Entrepreneur Magazine’s 100 Most Powerful Women, Fast Company Executive Board, and Red Bull Hero of The Year. Featured on WSJ, Forbes, Fortune, Reuters, Bloomberg, Business Insider, and more. Lisa began her career at a $15 billion dollar hedge fund, is a graduate of Yale University, and is on a lifelong mission to help women build unapologetic worth and wealth. Visit Lisa’s website and check out her new book: https://www.lisawang.co/ Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
For this episode, let's revisit a Case Interview & Management Consulting classic, building of our technique to develop hypotheses, this podcast explains a clever way to generate creative hypotheses. In essence, the podcast will be useful to candidates who have already seen how we brainstorm and generate hypotheses, since this podcast expands on that thinking. The core of this idea is that if more than one structure can be brainstormed for a case, each of those structures can be used to develop a new type of hypothesis. This is a very, very simple technique as well. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
For this episode, let's revisit a Case Interview & Management Consulting classic where we share a networking success story with a McKinsey senior partner. We always ask our clients, especially those from weaker schools, to network with the most senior partners of consulting firms. This is a podcast about a PhD client, from a weaker school and no existing consulting relationships, who painfully followed this advice over several months to network with a member of McKinsey's worldwide leadership and obtain interviews for his office of choice. It is not easy, but can be done. It works. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
11/1/2023 • 10 minutes, 25 seconds
624: Why should you bring energy to the interview? (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss why you should bring energy to the interview. Lots of candidates leave it to the interviewer to determine the energy levels, tone and mood of the call. That is a bad idea. In our experience, the best candidates always bring a light mood to interviews. Seriousness can hurt you as it is confused for anxiousness. Delegating the mood to the interview is bad idea since it means the energy of the case will be largely out of your control. Moreover, unless you practice controlling the energy, it is unlikely you will have this skill to deploy in the case interview itself. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
10/30/2023 • 6 minutes, 2 seconds
623: How AI Will Return Communication To Its Most Natural Form: Voice (with President of WillowTree, Tobias Dengel)
Welcome to an interview with the author of The Sound of the Future: The Coming Age of Voice Technology, Tobias Dengel. In his new book, Tobias answers why voice technology is the next big thing in technology, as big as mobile a decade ago and the internet in the late 90s, fundamentally altering the way companies do business. Tobias connects the dots about this emerging paradigm to vividly illustrate how business leaders can stay ahead of the game, rather than scrambling to catch up, as voice technology gradually reveals its power, creating a host of new winners and losers. Tobias Dengel is president of WillowTree, a TELUS International Company, a global leader in digital product design and development, with 13 offices in North America, South America, and Europe, headquartered in Charlottesville VA. The company has been named by Inc. magazine to the Inc. 5000 list of America’s fastest-growing companies for 11 straight years. WillowTree, a TELUS International Company’s clients include some of the best-known brands in the world, such as T Mobile, Mastercard, Capital One, HBO, Fox, Time Warner, PepsiCo, Regal Cinemas, Charles Schwab, Johnson & Johnson, Lidl, Wyndham Hotels, Hilton Hotels, Holiday Inn, Canadian Broadcasting Corp, Synchrony Bank, Edward Jones Investments, and National Geographic. These industry leaders trust WillowTree, a TELUS International Company to design and develop their websites, apps, internal systems and voice interfaces. Get Tobias’ book here: https://rb.gy/y4p29 The Sound of the Future: The Coming Age of Voice Technology Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
10/25/2023 • 49 minutes, 10 seconds
622: Making sexist comments in interviews (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we speak about candidates making sexist comments in interviews. Due to culture, tradition and even good intentions, candidates make sexist remarks. Sometimes, a very innocent remark may come across as sexist. This podcast examines some the incidences we have encountered which have hurt candidates in cases. It is wise to think about your own inadvertent sexist behavior. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
10/23/2023 • 3 minutes, 35 seconds
621: How to get to $500k per month in 4 years (with Samuel Moses)
I recently had a great conversation with Sam Moses, which I think you will enjoy. We speak about how Sam managed to build a $500k in revenue per month business in just 4 years. We cover a lot of ground in this episode. Sam shares the most important points that anyone planning to start a business wishes to know. He discussed how to find the right manufacturer and supplier and how to build relationships with them. He generously shared the process of his business from manufacturing to delivery, how to manage SEO for an online business, how to find the right employees, and most importantly how to get customers and clients. As a bonus, Sam offered his advice to other entrepreneurs who are starting their own businesses. If you are thinking about starting your own business, or if you are already an entrepreneur, this episode is a must-listen. Samuel is the Founder and CEO of Sockrates Custom Socks, a company based in Boca Raton Florida which specializes in producing the highest quality custom socks at the fastest turnaround time. With over 4000 clients, Sockrates has emerged as the industry leader in its field with clients in the United States, Germany, France, Iceland, UK, Israel, and Canada. Visit Sam’s website: https://www.sockratescustom.com/ Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo Cheers, Kris
For this episode, let's revisit a Case Interview & Management Consulting classic where we look at how to make estimations when calculating smaller values or working with enclosed spaces like restaurants, the importance of sensitivity analyses and a new limitation of demand-driven cases. This is a very important technique which can significantly improve accuracy and efficiency in case math. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
10/16/2023 • 5 minutes, 1 second
619: Private Equity Firm CEO on Power, Success and Getting Results (with Rick Walker)
Welcome to an interview with an experienced founder, leader, and thinker across a variety of domains, Rick Walker. In this episode, Rick walks us through his leadership journey, how he built his first company in his 20's, the lessons he learned across multiple domains, and how he was able to do multiple things successfully, simultaneously. He also shared his views about fear, pride, faith, religion, and ethics in relation to leadership and business. Rick Walker scaled his first company to 400 employees when he was 26, and simultaneously, as Chairman, scaled a 53-country international nonprofit from 800 to 2,100 team members, simultaneously while helping his hometown of Houston attract over $5 Billion in job-creation investments. Rick’s volunteer service also includes stints as a Director of a college in the middle east and Chairman of a $250 Million charitable foundation. His 3:30 AM wake-up call helps fit everything in. Rick hosts a podcast to help multi-domain leaders learn well - and has interviewed friends, who also happen to be world-class leaders, such as billionaires, musicians, members of the President’s Cabinet, US Senate, US Congress, and great thinkers. The podcast is hosted inside a 13,000-square-foot mansion, which was the former party mansion of a Fortune 500 CEO, which Rick restored and uses for his family office, charitable events, and podcasts. Rick lives in Houston with his wife and 3 girls, where he spends much of his time serving alongside the best team members in his commercial real estate private equity firm. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
10/11/2023 • 1 hour, 1 minute, 11 seconds
618: Too Junior For a Partner Meeting (Case Interview & Management Consulting classics)
Last week, an associate we placed at BCG emailed with a dilemma. A senior partner and managing director of the firm was visiting her office and she wanted to meet him. Her colleagues told her to forget about it as she was too junior to warrant his attention. Her peers who gave her this advice may have a few years at BCG but they clearly do not understand the culture of the firm at all. Senior partners always make time for consultants and are always looking to meet young and enthusiastic new employees. Giving the strict vetting process, when you join you are merely a young leader, never a young person. This podcast explains my views on this as a former partner. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
10/9/2023 • 4 minutes, 19 seconds
617: Guidelines When Seeking Help In Case Interviews (Case Interview & Management Consulting classics)
Going into interviews, aspiring consultants will be relying an a huge number of people for help: peers, classmates, consulting alumni, consultants, career counselors, etc. For this episode, let's revisit a Case Interview & Management Consulting classic where we speak about simple suggestions on how to seek and use help without hurting your relationships in the long-term. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
10/4/2023 • 7 minutes, 26 seconds
616: Barter System in Cases To Ask for Information (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we speak about a way for candidates to ask information in a case interview. A steep hurdle for many candidates is knowing how and when to ask for information / advice from an interviewer. To help our candidates, we developed the barter system / concept to fix this problem using a very simple technique. As explained in the podcast, the concept requires the candidate to first offer the interviewer their thoughts/ideas before asking for anything more. This ensures the candidate does not fall into the trap of asking for information without offering anything in return. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
For this episode, let's revisit a Case Interview & Management Consulting classic where we speak about resume cliches across firms. Editing out cliches from Deloitte and Accenture resumes tends to take up the majority of time when we work with candidates from these firms, and the other accounting firms like PWC, E&Y and KPMG. Typically, when we start the editing sessions, it is very difficult for the client to see how vague and misleading their resume really is. This podcast explains this concept and can be used to edit your own resume. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
9/27/2023 • 12 minutes, 17 seconds
614: Ex Microsoft AI Strategy Expert on Strategy and Vision in the era of Artificial Intelligence (with Brian Evergreen)
Welcome to an interview with the author of Autonomous Transformation: Creating a More Human Future in the Era of Artificial Intelligence, Brian Evergreen. Autonomous Transformation provides a blueprint for leaders and managers who have aspired or attempted to harness artificial intelligence and its adjacent technologies for the betterment of their organization and the world, weaving strategy, management thinking, economics, systemic design, and philosophy into actionable steps with accompanying frameworks to create and sustain Profitable Good. Brian Evergreen is best known for his work advising FORTUNE 500 executives on artificial intelligence strategy. Building on his experiences working at Accenture, Amazon Web Services, and Microsoft, Brian guest lectures at Purdue University and the Kellogg School of Management and is a Senior Fellow in the Economy, Strategy, and Finance Center of The Conference Board, sharing the unconventional and innovative methods and frameworks he developed leading and advising Digital Transformation initiatives at many of the world's most valuable companies. Brian is the founder of The Profitable Good Company, a leadership advisory company that partners with and equips leaders to harness the economic and societal of technology by creating a more human future in the era of artificial intelligence. Get Brian’s book here: https://rb.gy/ejept Autonomous Transformation: Creating a More Human Future in the Era of Artificial Intelligence Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
9/25/2023 • 47 minutes, 33 seconds
613: The New Archetype of Business Leadership (with the Director of the Advanced Management and Leadership Programme at the University of Oxford's Saïd Business School, Dr. Andrew White)
Welcome to an interview with the director of the Advanced Management and Leadership Programme at the University of Oxford's Saïd Business School, Dr. Andrew White. In this episode with Dr. Andrew White, we delved deeply into the changes and challenges of leadership, as well as the reason behind the negative tone of discussions around leadership. Dr. White also discussed how to know if you are approaching leadership in the right way, the indicators of healthy leadership, and how leaders can assess themselves to be better leaders. Dr. Andrew White is the host of the Leadership 2050 podcast, on which he has interviewed the likes of former Unilever CEO Alan Jope and Mercedes F1 team CEO Toto Wolff. He is also the CEO of Transcend.Space, a leadership coaching company. Dr White's work focuses on the type of leadership needed to transcend 21st-century challenges. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
9/20/2023 • 34 minutes, 53 seconds
612: How to Create a Healthy Succession Plan (with The Fourth-Generation CEO of Premier Dental, Julie Charlestein)
Welcome to an interview with the author of How to Lead Your Family Business: Excelling Through Unexpected Crises, Choices, and Challenges, Julie Charlestein. In this book, Julie gets vulnerable about her experience as an emerging leader and ultimately CEO, who has worked to earn her colleagues’ respect while navigating the succession to her father’s company. Through stories full of candor and humor, Julie shares her leadership adventure, offering actionable strategies for those leading and working within their own family businesses. Julie Charlestein is a Philadelphia-based business leader and healthcare innovator who serves as the fourth-generation CEO of Premier Dental, just named a 2023 Top Ten Most Innovative Company in Wellness by Fast Company. Premier Dental is a global provider of innovative dental products used by dentists in 75 countries. Products range from hygienist instruments to teeth polishers to prosthetic mouth devices. As Charlestein likes to say: “You may not know our name, but we’ve probably been in your mouth.” Heading the most trusted brand in dental products for over 100 years, Julie is an advocate for change and industry expert on integrating technology into modern dental practices to improve the treatment journey for both dentists and patients. She was recognized as one of Philadelphia Business Journal’s “Most Admired CEOs,” awarded the Silver Stevie Award as Female Executive of the Year and honored with the Gold Award by the Best in Biz Awards as Executive of the Year. She has served on the Dean's Advisory Board of the School of Dental Medicine at Harvard University and as the Chair of the Government Relations Committee for the Dental Trade Alliance and is a member of The Young Presidents’ Organization (YPO). Get Julie’s book here: https://rb.gy/d07jl How to Lead Your Family Business: Excelling Through Unexpected Crises, Choices, and Challenges Check out Julie’s website: https://www.juliecharlestein.com/ Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
9/18/2023 • 36 minutes, 59 seconds
611: The Experience Mindset: Changing the Way You Think About Growth (with The Global Customer Growth and Innovation Evangelist at Salesforce, Tiffani Bova)
Welcome to an interview with the author of The Experience Mindset: Changing the Way You Think About Growth, Tiffani Bova. This book details exactly how your company can adopt an Experience Mindset, at scale. It’s not enough to know that happy employees equals happy customers. You must have an intentional, balanced approach to company strategy that involves all stakeholders – IT, Marketing, Sales, Operations, and HR – with KPIs and ownership over outcomes. Tiffani Bova is the global customer growth and innovation evangelist at Salesforce, and the Wall Street Journal bestselling author of Growth IQ. Over the past two decades, she has led large revenue-producing divisions at businesses ranging from start-ups to the Fortune 500. As a Research Fellow at Gartner, her cutting-edge insights helped Microsoft, Cisco, Salesforce, Hewlett-Packard, IBM, Oracle, SAP, AT&T, Dell, Amazon-AWS, and other prominent companies expand their market share and grow their revenues. She has been named one of the Top 50 business thinkers in the world by Thinkers50 twice. She is also the host of the podcast What’s Next! with Tiffani Bova. Get Tiffani’s book here: https://rb.gy/bcal2 The Experience Mindset: Changing the Way You Think About Growth Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
9/13/2023 • 44 minutes, 13 seconds
610: Embracing a post-generational mindset to live a long and fulfilling life (with Wharton School Professor of Management and Vice Dean for the MBA for Executives Program, Mauro F. Guillén)
Welcome to an interview with the author of The Perennials: The Megatrends Creating a Postgenerational Society, Mauro F. Guillén. In this book, Mauro unpacks a sweeping societal shift triggered by demographic and technological transformation. Guillén argues that outmoded terms like Boomers, Gen X, Millennials, and Gen Z have long been used to pigeonhole us into rigid categories and life stages, artificially preventing people from reaching their full potential. Mauro F. Guillén is one of the most original thinkers at the Wharton School, where he is Professor of Management and Vice Dean for the MBA for Executives Program. An expert on global market trends, he is a sought-after speaker and consultant. He combines his training as a sociologist at Yale and as a business economist in his native Spain to methodically identify and quantify the most promising opportunities at the intersection of demographic, economic, and technological developments. His online classes on Coursera and other platforms have attracted over 100,000 participants from around the world. He has won multiple teaching awards at Wharton, where his presentation on global market trends has become a permanent feature of over fifty executive education programs annually. He is the WSJ bestselling author of 2030: How Today's Biggest Trends Will Collide and Reshape the Future of Everything. Get Mauro’s book here: https://rb.gy/u9n0w The Perennials: The Megatrends Creating a Postgenerational Society Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
9/11/2023 • 44 minutes, 54 seconds
609: Decision Sprint: The New Way to Innovate into the Unknown and Move from Strategy to Action (with the first Chief Digital Officer in the history of the Fortune 500, Atif Rafiq)
Welcome to an interview with the author of Decision Sprint: The New Way to Innovate into the Unknown and Move from Strategy to Action, Atif Rafiq. In this book, Atif shares the breakthrough methods to put your company on the path to innovation, creativity, and growth. Atif has written Decision Sprint to pull the curtain back on the hidden management systems within your organization that impact how people think, collaborate, and make decisions. Atif Rafiq has blazed trails in Silicon Valley and the Fortune 500 for over 25 years. After rising through digital native companies like Amazon, Yahoo!, and AOL, Atif held C-suite roles at McDonald’s, Volvo, and MGM Resorts. He oversaw thousands of employees as a global P&L, transformation, and innovation leader. Atif was the first Chief Digital Officer in the history of the Fortune 500, a pioneering role he held at McDonalds, and he rose to the president level in the Fortune 300. While leading business units, teams, and growth for companies, Atif has built a large following as one of today’s top management thinkers. Over 500,000 people follow his ideas about management and leadership on LinkedIn, where he is a Top Voice, and his newsletter Re:wire has over 100,000 subscribers. Atif is passionate about helping companies push boldly into the future. He accomplishes this through Ritual, a software app revolutionizing how teams innovate and problem-solve, and through his work as keynote speaker, Board member, and CEO advisor. Get Atif’s book here: https://rb.gy/kvxed Decision Sprint: The New Way to Innovate into the Unknown and Move from Strategy to Action Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
9/6/2023 • 52 minutes, 37 seconds
608: Leading Consumer Products Groups at the World’s Largest Media Companies, Leading Disney Stores Worldwide, Time Management, Biggest Lessons Learned While at Disney (with Former President of Disney Stores Worldwide Jim Fielding)
Welcome to an interview with the author of All Pride, No Ego: A Queer Executive's Journey to Living and Leading Authentically, Jim Fielding, where he delivers an inspirational leadership story told from the perspective of an out and proud LGBTQ+ executive. In the book, you’ll explore a call-to-action for authentic servant leadership that encourages people to own their truth and bring out the best in themselves and their communities. Jim Fielding is a respected retail and media industry veteran whose expertise combines storytelling, product innovation, merchandising, and consumer experiences. Jim currently serves as a partner at Archer Gray, an independent media company, and president of its Co-Lab Division. Having led consumer products groups at the world’s largest media companies, including Disney, Dreamworks, and Twentieth Century Fox, Jim has built diverse cultures and visionary teams that excelled in competitive global markets. He served as president of Disney Stores Worldwide for four years, transforming its global consumer experience. He also served as CEO of Claire’s Stores, Inc., a leading jewelry and accessories retailer. Jim’s early experience spanned leading global retail companies, from The Gap to Lands’ End. He mastered all aspects of vertical specialty retail, including supply chain, product design, store operations, and visual merchandising. An active community leader and philanthropist, Jim serves on the board of directors for the Indiana University Foundation and was a founding member of the Dean’s Council for the Hamilton Lugar Global and International School. Jim is a founder of the Queer Philanthropy Circle, the nation’s premier fundraising and advocacy group for the queer community. He also participates in the Women’s Philanthropic Leadership Circle and the Black Philanthropy Circle. Jim has served as a board member for GLSEN, Make-A-Wish International, and American Red Cross, as well as an executive-in-residence for IU Ventures and Indiana University’s Office of Diversity, Equity, and Inclusion. He has endowed several scholarships at IU to support overseas study, international internships, and advocacy leadership training. Jim lives in Atlanta with his partner, Joseph, and their dogs, Cricket and Olive. In the summers, you will find them in Leland and Northport, Michigan. Get Jim’s book here: https://rb.gy/ax3aj All Pride, No Ego: A Queer Executive's Journey to Living and Leading Authentically. Jim Fielding. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
9/4/2023 • 59 minutes, 20 seconds
607: Power to the Middle, Reimagining the Roles of a Mid Level Manager, The Key to the Future of Work (with McKinsey’s Emily Field)
Welcome to an interview with the author of Power to the Middle: Why Managers Hold the Keys to the Future of Work, Emily Field. In this book, McKinsey thought leaders Bill Schaninger, Bryan Hancock, and Emily Field call for a profound reimagining of managers and their roles. They explain how middle managers are uniquely positioned close to the ground but with a crucial connection to company strategy, enabling them to guide their organizations through periods of rapid and complex change, as well as to help shape the new world of work. Emily Field is a partner in McKinsey's Seattle office. She helps organizations with distributed workforces deliver on their performance goals, with the role of the manager front and center. Emily holds a BA in government from Georgetown University. Get Emily’s book here: https://rb.gy/q4qmv Power to the Middle: Why Managers Hold the Keys to the Future of Work Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
8/30/2023 • 57 minutes, 13 seconds
606: The Perfection Trap: Embracing the Power of Good Enough (with world leading expert on perfectionism, Thomas Curran)
Welcome to an interview with the author of The Perfection Trap: Embracing the Power of Good Enough, Thomas Curran. In his book, Thomas calls for both introspection and broader, societal change. He shows what we can do as individuals to resist the modern-day pressure to be perfect, and in so doing, win for ourselves a more purposeful and contented life. Thomas Curran is a professor of psychology at the London School of Economics and the author of a landmark study that the BBC hailed as “the first to compare perfectionism across generations.” His TED talk on perfectionism has received more than three million views. His research has been featured in media ranging from the Harvard Business Review to New Scientist to CNN and he has appeared on numerous television and radio programs. Get Thomas’ book here: https://rb.gy/6m35h The Perfection Trap: Embracing the Power of Good Enough, Thomas Curran. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
8/28/2023 • 42 minutes, 32 seconds
605: Building Trust With Consulting Clients, Testing Trust Deficit Within Your Team, Sharpening Trust as a Skill, The Most Effective Levers You Can Pull To Build Trust (with Former McKinsey Consultant Darryl Stickel)
Welcome to an interview with the author of Building Trust: Exceptional Leadership in an Uncertain World, Darryl Stickel. In his book, Darryl outlines his groundbreaking Trust Unlimited blueprint for building trust. Stickel moves away from the traditional approach of influencing people’s willingness to trust—the con artist’s tactic—to employing one or more of ten levers, which leaders can “pull” to close the gap between how much they are trusted and how much they should be. This approach also makes them more trustable and increases trust where it is deficient. Darryl Stickel is one of the world’s leading experts on trust with over twenty years of experience. His Ph.D. ¨Building Trust in Hostile Environments¨ from Duke University established him as a global leader for governments, businesses and NGOs on practical approaches to building trust. Darryl has worked for Mckinsey & Company in their Toronto office, as well as advised the Canadian Military on trust building in Afghanistan. He has served as faculty for the Luxembourg School of Business and the Center for Effective Organizations at the University of Southern California and recently completed his book Building Trust: Exceptional Leadership in an Uncertain World. His contribution to the field of trust has been recognized by his nomination to the Top Thought Leaders on Trust by Trust Across America; Trust Around the World. Get Darryl’s book here: https://rb.gy/3boas Building Trust: Exceptional Leadership in an Uncertain World, Darryl Stickel Here are some free gifts for you:Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
8/23/2023 • 50 minutes, 59 seconds
604: Environmentally sustainable growth (with Columbia University’s Steven Cohen)
Welcome to an interview with the author of Environmentally Sustainable Growth: A Pragmatic Approach, Steven Cohen. In this book, Steven explores the causes of environmental degradation and examines what sustainability looks like in practice and outlines realistic paths toward a renewable resource–based economy, demonstrating that, in many respects, the shift to sustainability is already underway. Steven describes a range of public policy and infrastructure initiatives that can encourage cleaner production in the private sector and consumption in everyday life. Steven Cohen is senior vice dean of the School of Professional Studies and professor of the practice of public affairs in the School of International and Public Affairs at Columbia University. He is also the director of the Earth Institute’s Research Program on Sustainability Policy and Management as well as two other master’s programs in environmental sustainability. Cohen previously worked for the EPA and currently serves on the board of directors of the Willdan Group. He is the author of Sustainability Management, Understanding Environmental Policy, and The Sustainable City. Get Steven’s book here: Environmentally Sustainable Growth: A Pragmatic Approach. Steven Cohen: https://rb.gy/gew25 Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
8/21/2023 • 47 minutes, 49 seconds
603: Philosopher Ivo Brughmans — Paradoxical Leadership, Management Consulting, Polarities, Dilemmas, The Metaphor of the Bus, Being Driven from Inside
Welcome to an interview with the author of Paradoxical Leadership: How to Make Complexity an Advantage, Ivo Brughmans. Paradoxical Leadership reveals how to transform divisive dilemmas into creative solutions and paralyzing polarization into a constructive dialogue. Ivo Brughmans studied philosophy, international politics, and business management. He worked for twenty-five years for a global management consulting firm, supporting organizations in redesigning and transforming their business. Ivo is fascinated by paradoxes and the challenge of bringing together opposite approaches. Connecting opposite poles has been a common thread throughout his own life and work: as a philosopher working with practical business challenges, as a rationalist relying on his intuition, and as a workaholic enjoying doing simply nothing at all. Ivo has written several books on this theme, developing a “both/ and” perspective as a radical alternative to our current way of living, managing, governing, and coaching. He has a deep conviction that this perspective helps create more sustainable solutions to the challenges of the twenty-first century, providing the fundamentals for a fulfilled and balanced life, for better-performing and more innovative organizations, and for a better world. Ivo lives in Antwerp, Belgium. He gives keynotes, leads workshops and training programs on paradoxical leadership, and works with public and private organizations throughout Europe and around the globe. For more information check https://paradoxical-leadership.com. Get Ivo’s book here: https://rb.gy/322nl Paradoxical Leadership: How to Make Complexity an Advantage. Ivo Brughmans Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
8/16/2023 • 57 minutes, 54 seconds
602: Former Bain & Company Director Michael Farmer — Differences Between McKinsey, Bain and BCG, Strategy Consulting, Helping Ad Agencies and Their Clients Navigate the Changes in the Media Landscape, Transformation of a Creative Ad Agency (Huge)
Welcome to an interview with the author of Madison Avenue Makeover: The Transformation of Huge and the Redefinition of the Ad Agency Business, Michael Farmer. He also wrote the award-winning Madison Avenue Manslaughter, an inside view of fee-cutting clients, profit-hungry owners, and declining ad agencies (Third Edition, 2019). In this episode, Michael speaks about the time he worked for McKinsey, Bain, and BCG, and the differences between the three consulting firms. He also shared his advice for those aspiring to build their consulting firm and discussed the technique that helped him write his first book, Madison Avenue Manslaughter. Finally, Michael shared his experience of helping in the Transformation of a Creative Ad Agency (Huge). Michael Farmer is Chairman and CEO of Farmer & Company LLC, a strategy consulting firm for advertisers and agencies. He also serves as Professor of Branding and Integrated Communications at The City College of New York (CCNY). He has an MBA from Harvard Business School and was previously a Director of Bain & Company. Connect with Michael here: https://www.farmerandco.com/ Get Michael's book here: https://www.amazon.com/Madison-Avenue-Makeover-transformation-redefinition/dp/1911687646 Madison Avenue Makeover: The Transformation of Huge and the Redefinition of the Ad Agency Business. Michael Farmer. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
8/14/2023 • 1 hour, 1 minute, 46 seconds
601: Winning in the age of digital and AI (with McKinsey senior partner, Kate Smaje)
Welcome to an interview with the author of REWIRED: The McKinsey Guide to Outcompeting in the Age of Digital and AI, Kate Smaje. The book REWIRED delivers a road-tested, how-to manual that Mckinsey consultants use to help companies build the capabilities to outcompete in the age of digital and AI. It reveals the learnings from large companies around the globe for succeeding at the six core elements of a digital transformation—strategy, talent, operating model, technology, data, and adoption and scaling capabilities. Kate Smaje is a senior partner in McKinsey’s London office. She co-leads the McKinsey Digital practice globally and is a member of McKinsey’s Shareholders Council, the firm’s board of directors. She works with senior executives to deploy the power of data, digital culture and capabilities, and modernized core technology. She also has firsthand experience as a chief technology officer across core technology, digital product management and innovation, and cybersecurity work. In addition to her work with McKinsey, Kate is a trustee of Tommy’s, the children’s charity. Get Kate’s book here: https://rb.gy/cs72z REWIRED: The McKinsey Guide to Outcompeting in the Age of Digital and AI. Eric Lamarre, Kate Smaje, Rodney Zemmel. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
8/9/2023 • 46 minutes, 27 seconds
600: Watching cases vs. listening to cases (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we speak about learning cases through listening and watching. When learning cases, it is far more effective to watch a person on Skype or in person. The problem with merely practicing over the phone or another verbal format is that you cannot observe crucial mannerisms or allow your practice partner to observe you. The only time practicing verbally makes sense is when you have a very experienced person working with you and they can infer things about your performance based on their experience. We advice most clients to practice in person should the opportunity present itself. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
8/7/2023 • 5 minutes, 26 seconds
599: Neat calculation sheets are important (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we explain why neatness and writing style is so important. It is really surprising how little care candidates take in writing in an appealing way, considering that is all the interviewer can see for the 30-45 minute case. Neat writing will not get you an offer, but it can be an annoying distraction both to you and the interviewer. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
For this episode, let's revisit a Case Interview & Management Consulting classic where we speak about mathematical precision. As counter-intuitive as this sounds, mathematical precision in cases hurts most candidates. Many candidates focus heavily on being mathematically correct because it is far easier to see if your answer of $230MM is the same as the prescribed answer of $250MM. It is human nature to focus on what can be easily measured versus focusing on what should be measured. Candidates tend to confuse mathematical precision with being analytic. They are not the same and candidates should focus on being analytic, as explained in this podcast. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
For this episode, let's revisit a Case Interview & Management Consulting classic where we speak about communication skills. If you read forums worldwide everyone is obsessed with cracking the case. Yet, most people cannot communicate like a consultant. We hope by reading this post, candidates spend an equal, if not more, time focusing on their communication skills as well. If you cannot speak like a consultant, you cannot be a consultant. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
7/26/2023 • 5 minutes, 59 seconds
596: Failing to Provide Sufficient Case Detail (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we speak about case details. Candidates are typically surprised to hear they have been declined for not providing sufficient details in a case interview. It usually surprises them since they believe they have provided more than enough case information detail. The difference comes down to how consulting firms define "detail". They are looking for facts and the relationships between issues, while candidates tend to speak in broader terms and are not very good at identifying and explaining the linkages between issues. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
7/24/2023 • 5 minutes, 44 seconds
595: So-what rule for FIT and writing (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we speak about the so-what rule for FIT and writing. When thinking through a possible FIT / PEI or cover letter response, most candidates settle on the first idea that comes to mind. Future edits of this idea do not alter the idea, but merely rearrange the wording. That is a bad idea. We use the so-what rule when testing candidates. For their responses we constantly ask "so-what" until the candidate arrives at the core reason for their decision / answer. That core reason is what we want candidates to use. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
7/19/2023 • 5 minutes, 49 seconds
594: Offering case solutions too early hurts you (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we speak about case solutions. Candidates sometimes prefer to be cautious and offer a solution earlier rather than waiting to fully flesh out the drivers and key issues in a case. The problem with this approach is that if you offer a solution before identifying the problem, it raises concerns to the interviewer about your thinking processes - how can you offer a solution before identifying the problem? This podcast describes this issue in much more detail. Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
7/17/2023 • 6 minutes, 5 seconds
593: The future of AI (with Former Microsoft executive & CEO of Snowflake, Bob Muglia)
Welcome to an interview with the author of The Datapreneurs: The Promise of AI and the Creators Building Our Future, Bob Muglia. In this book, Bob helps us understand how innovation in data and information technology has led us to AI—and how this technology must shape our future. Bob Muglia is a data technology investor and business executive, former CEO of Snowflake, and past president of Microsoft's Server and Tools Division. As a leader, Bob focuses on how innovation and ethical values can merge to shape the data economy's future in the era of AI. He serves as a board director for emerging companies which seek to maximize the power of data to help solve some of the world's most challenging problems. The Datapreneurs: The Promise of AI and the Creators Building Our Future. Bob Muglia and Steve Hamm. https://www.amazon.com/Datapreneurs-Promise-Creators-Building-Future/dp/1510778411 Connect with Bob Muglia: Website: https://www.thedatapreneurs.com/ Twitter: https://twitter.com/bob_muglia?lang=en LinkedIn: https://www.linkedin.com/in/bob-muglia-714ba592/ Here are some free gifts for you:Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
7/12/2023 • 45 minutes, 20 seconds
592: How to transform anxiety into power (with Harvard's Dr. Luana Marques)
Welcome to an interview with the author of Bold Move: A 3-Step Plan to Transform Anxiety into Power. Bold Move is Dr. Luana Marques’ unique, tried and tested method to get you out of your rut and give you the courage to create a more confident and meaningful life. Dr. Luana pinpoints the anxiety at the root of avoidance and shows you how to overcome it and achieve your goals. Dr. Luana Marques is an Associate Professor of Psychiatry at Harvard Medical School (HMS) and the Director of Community Psychiatry Program for Research in Implementation & Dissemination of Evidence-Based Treatments at Massachusetts General Hospital (MGH). Dr. Marques is a national and international expert in Cognitive Behavioral Therapies (CBTs) and a leader in increasing access to scientifically rigorous mental health practices. Her decades of clinical and research experience implementing evidence-based practices encompass all types of roles and settings, from front-line staff to CEOs, diverse communities to organizations, both in the US and globally. Dr. Marques is the Former President of the Anxiety and Depression Association of America (ADAA). Connect with her online at drluana.com or follow her on Twitter at @DrLuanaMarques Get Luana’s book here: Bold Move: A 3-Step Plan to Transform Anxiety into Power. Dr. Luana Marques: https://www.amazon.com/Bold-Move-3-Step-Transform-Anxiety-ebook/dp/B0BFX423SN?ref_=ast_author_dp Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
7/10/2023 • 56 minutes, 23 seconds
591: The Imagination Machine (with Martin Reeves (Boston Consulting Group))
Welcome to an interview with the Chairman of the BCG Henderson Institute, BCG’s think tank for new ideas in management and strategy. Martin has authored numerous books, including Your Strategy Needs a Strategy and The Imagination Machine, a handbook about how to systematically harness imagination to generate new ideas and transform businesses. Get Martin's book here: The Imagination Machine: How to Spark New Ideas and Create Your Company's Future. Martin Reeves and Jack Fuller: https://www.amazon.com/Imagination-Machine-Create-Companys-Future/dp/1647820863 Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
7/5/2023 • 59 minutes, 53 seconds
590: How to read your competitors (with Ex McKinsey expert on war games, John Horn)
Welcome to an interview with the author of Inside the Competitor's Mindset, John Horn, where he shares proven techniques to help businesses think like the competition and understand why they act the way they do. Inside the Competitor’s Mindset presents a systematic approach to competitive intelligence that starts with three frameworks to get inside the competitor’s mindset, predict their reactions to your moves, and assess whether the competition is getting ready for a spontaneous move of their own. John Horn is a professor of practice in economics at the Olin Business School at Washington University in St. Louis. He teaches MBA students microeconomics, macroeconomics, and global business. John was a Senior Expert in the Strategy Practice of McKinsey & Company for 9 years, working with clients on competitive strategy, war gaming workshops, and corporate and business unit strategy across a variety of industries and geographies. He helped over 100 clients with war game workshops and developed a set of simulation exercises to help companies understand the challenges of reallocating resources. He continues to consult through his LLC: Gateway Competitive Insights. John has published nine papers in the McKinsey Quarterly and three in the Harvard Business Review, mostly on the application of behavioral economics and competitive insight to business strategy. John has a PhD in economics from Harvard University, where he also received a Masters degree in economics. Get John’s book here: Inside the Competitor's Mindset: How to Predict Their Next Move and Position Yourself for Success. John Horn https://rb.gy/ahn1x Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
7/3/2023 • 59 minutes
589: What makes a good life? (with Yale's Ryan McAnnally-Linz)
Welcome to an interview with Ryan McAnnally-Linz, coauthor of Life Worth Living: A Guide to What Matters Most. This book provides readers with jumping-off points, road maps, and habits of reflection for figuring out where their lives hold meaning and where things need to change. The book draws from major world religions and from impressively truthful and courageous figures such as Jesus, Muhammad, the Buddha, Aristotle, Socrates, Martin Luther King, Jr., the Dalai Lama, Ida B. Wells, James Baldwin, Mary Wollstonecraft, Confucius, and Nietzsche, to name a few. The authors’ goal is for readers to define and create a flourishing life, and answer one of life’s most pressing questions: how are we to live? Ryan McAnnally-Linz is the associate director of the Yale Center for Faith & Culture. He is a coauthor with Volf of The Home of God and Public Faith in Action (Brazos), a 2016 Publishers Weekly Best Book in religion, and has written for The Washington Post’s Acts of Faith, Sojourners, and The Christian Century. Get Ryan’s book here: Life Worth Living: A Guide to What Matters Most. Miroslav Volf, Matthew Croasmun, Ryan McAnnally-Linz. https://www.amazon.com/Life-Worth-Living-Guide-Matters-ebook/dp/B0B5CZ6YM3/ref=sr_1_1?crid=1C3TO2I7SIO5M&keywords=life+worth+living&qid=1681712806&s=digital-text&sprefix=life+worth+livin%2Cdigital-text%2C311&sr=1-1 Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
6/28/2023 • 53 minutes, 47 seconds
588: How to treat your case partner well (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we speak about how to treat your case partner. Your case practice partner is the most important ally you have as you prepare. The problem is that most people completely squander this advantage. They tend to be unclear about their level of preparation and commitment they are willing to make. Many arrive late to practice sessions, prepare poorly and fail to keep track of their partners performance. When a practice partners breaks contact, you are left in the position of having to transfer all that important insight about yourself to a new practice partner and that is just inefficient even if it could be done. This podcast discusses ways to manage the problem. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
6/26/2023 • 6 minutes, 42 seconds
587: How to build a resilient and lasting business (with Sandeep Chennakeshu)
Welcome to an interview with Sandeep Chennakeshu, the author of Your Company Is Your Castle: Proven Methods for Building a Resilient Business, where he describes how to assess and systematically build a company’s business model, financial health, strategy, culture, products, sales channels, execution, and stakeholder confidence to make the company formidable. Your Company Is Your Castle equips you with critical insights and principles to build strong businesses and in turn build yourself into a strong leader. Sandeep Chennakeshu is a lifelong student and aspiring teacher whose heart is in technology and mind is in business. He earned a postgraduate diploma in industrial management from the Indian Institute of Science and a PhD in electrical engineering from Southern Methodist University. He then entered the electronics industry and led the development and launches of technology that billions use every day via cell phones, laptops, wearables, satellites, medical equipment, and cars. He is a Fellow of IEEE and a named inventor on 180 patents. After two decades in corporate roles as CTO of Ericsson Mobile Phones and Sony Ericsson, president of Ericsson Mobile Platforms, SVP at Freescale, president of BlackBerry Technology Solutions, and EVP of AMD, Sandeep returned to consulting and the start-up world. He is currently COO at Uhnder Inc., a pioneer in digital-imaging radar, and sits on the advisory boards of exciting tech start-ups. Managing operations in fourteen different countries over the span of his career gave Sandeep a deep appreciation for global businesses. Along this rich cultural journey, he led the transformation of three underperforming businesses using the principles outlined in his new book. Sandeep lives and works in Austin, Texas and plans to spend the next chapter of his life sharing his learnings through writing and mentoring. Get Sandeep’s book here: Your Company Is Your Castle: Proven Methods for Building a Resilient Business. Sandeep Chennakeshu. https://www.amazon.com/Your-Company-Castle-Building-Resilient/dp/1957616040 Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
For this episode, let's revisit a Case Interview & Management Consulting classic where we speak about productivity. In brainstorming the interviewer is looking for your approach to define an objective function, understand the direct drivers of the function, prioritize the drivers and explain how to manipulate them. There is only one definition for productivity and that is formally used in all studies. Productivity is the total value of outputs over the total cost to deliver those outputs. Other definitions are derivations which assess narrow areas only. A candidate will struggle to understand operations cases unless they understand the concept of productivity. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
For this episode, let's revisit a Case Interview & Management Consulting classic where we speak about BCG and McKinsey approaches. Merging the BCG and McKinsey approach, elegantly. This is a simple discussion on how to merge both approaches so you do not need to worry about learning different techniques. One caveat, as explained in latter podcasts is to assume there is just a simple BCG and simple McKinsey style. It is dangerous to make this assumption. About 50% to 60% of McKinsey cases cannot be solved with any framework at all. Most McKinsey cases require an hypotheses upfront, but not all, and they almost all interviewer led. It is crucial to understand the different ways a case can be done and listen carefully to the interviewer to figure out which is best for you. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
6/14/2023 • 6 minutes, 17 seconds
584: Career rotation vs. progression (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we speak about career rotation vs. progression. Candidates always want to show improvement on their resumes in the months leading up to their applications. For those working in industry or rival consulting firms, showing leadership and career development is crucial. This podcast explains that career rotation, a lateral move at the same pay grade, is rarely a good idea unless it takes you to a part of the business where you can show leadership in solving a major problem. Career progression, a promotion to a new pay grade, always looks good on a resume because it demonstrates you are mastering your functional domain. It is better to stay in a role and achieve results than rotating for a better title. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
For this episode, let's revisit a Case Interview & Management Consulting classic where we speak about the three core technical concepts around cases. We always teach clients estimation technique first, followed by brainstorming technique and finally full case technique. There is a simple reason for this, which is explained in this podcast. Estimations tend to be, but not always, a brainstorm with very few or just one branch. A brainstorm is therefore an estimation equation with multiple branches. A full case structure is a very large brainstorm with mini-brainstorms at each new branch. We want candidates to see this evolution so they can understand how crucial brainstorming is to the entire case interview approach. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
For this episode, let's revisit a Case Interview & Management Consulting classic where we speak about leadership versus teamwork answers. If you are thinking through responses to leadership and teamwork questions, the starting point should be knowing the differences between both. At its core, to McKinsey especially, leadership is about influencing a group people to undertake and complete an initiative of importance. Yet, a better definition is that as the leader you tend to be the primary beneficiary of what is happening since you get the credit. As a great team member, you do much of the work but you do not get the great. Ensure your teamwork and leadership stories cover this crucial distinction. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
6/5/2023 • 4 minutes, 32 seconds
581: The secret of top sellers (with Rishi Dave)
Welcome to an interview with Rishi Dave, a partner in Bain’s Commercial Excellence practice with deep expertise in B2B marketing and digital marketing. In this episode, Rishi explains the concept of a “Day 1 List” in B2B sales and marketing and the three things that will get a supplier or seller on the list. Rishi also discussed what a “sales play” is, how to build it, institutionalize the knowledge within the company, and get the sales team to adopt the sales play to fulfill their potential and increase their productivity and sales. Rishi Dave partners with CMOs and management teams to drive marketing transformations and build modern marketing capabilities. He serves as an expert on the implementation of Bain’s B2B Marketing Diagnostic and Sales Play System. Rishi has held global CMO roles at public technology and cloud companies, including Dun & Bradstreet, Vonage, and MongoDB. Prior to these roles, he served as the global head of digital marketing for Dell’s B2B businesses. Rishi started his career at Bain & Company. As a marketing executive, Rishi has built world-class marketing organizations and capabilities that have driven top-line growth leveraging the right marketing technology, data, analytics and content strategy. Rishi has driven major brand and messaging transformations, reimagined digital customer experiences, and built and scaled go-to market models. Rishi earned an MBA in Marketing from The Wharton School at the University of Pennsylvania as well as a BS in Chemical Engineering and an AB in Economics with Honors from Stanford University. Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
5/31/2023 • 54 minutes, 38 seconds
580: Managing screen time and addictive technology (with Gaia Bernstein)
Welcome to an interview with Gaia Bernstein, a Law Professor, Director of the Institute for Privacy Protection and Co-Director of the Gibbons Institute for Law Science and Technology at the Seton Hall University School of Law. She writes, teaches and lectures in the intersection of law, technology, health and privacy. Gaia is also the mother of three children who grew up in a world of smartphones, iPads and social networks. Her forthcoming book: Unwired: Gaining Control Over Addictive Technologies shatters the illusion that we can control how much time we spend on our screens by resorting to self-help measures. Unwired shifts the responsibility for a solution from users to the technology industry, which designs its products to addict. The book draws out the legal action that can pressure the technology industry to re-design its products to reduce technology overuse. Gaia has academic degrees in both law and psychology. Her research combines findings from psychology, sociology, science and technology studies with law and policy. Gaia’s research has been featured extensively by the media including the New York Times, Forbes, ABC News and Psychology Today. Gaia has spearheaded the development of the Seton Hall University School of Law Institute for Privacy Protection’s Student-Parent Outreach Program. The nationally acclaimed Outreach Program addresses over-use of screens by focusing on developing a healthy online-offline balance and the impact on privacy and online reputation. It was featured by the Washington Post, CBS Morning News and Common-Sense Media. Gaia delivers lectures to parents and general audiences about the harms of excessive screen time, the effectiveness of self-help measures, and the options for technology re-design through social and legal action. Get Gaia’s book here: Unwired: Gaining Control Over Addictive Technologies. Gaia Bernstein Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
5/29/2023 • 48 minutes, 52 seconds
579: The art of listening (with Oscar Trimboli)
Welcome to an interview with the author of How to Listen, Oscar Trimboli. Effective communication is not all about eloquent speaking. The key sits on the ability to listen and how you react and respond to what you hear. As Oscar said in the episode, “The difference between hearing and listening is action”. In this episode, we discuss what good listening and communication is. We also highlighted the impact of good listening in your career, organization, and personal life. Oscar Trimboli is on a quest to create 100 million Deep Listeners in the world. He is an author, host of the Apple Award winning podcast—Deep Listening and a sought-after keynote speaker. He is passionate about using the gift of listening to bring positive change in homes, workplaces and the world. Through his work with chairs, boards of directors and executive teams in local, regional and global organizations, Oscar has experienced first-hand the transformational impact leaders and organizations can have when they listen beyond the words. He consults with organisations including Cisco, Google, HSBC, News Corp, PayPal, Qantas, TripAdvisor helping executives and their teams listen to what’s unsaid by the customers and employees. Oscar lives in Sydney with his wife Jennie, where he helps first-time runners and ocean swimmers conquer their fears and contributes to the cure for cancer as part of Can Too, a cancer research charity. Get Oscar’s book here: How to Listen: Discover the Hidden Key to Better Communication. Oscar Trimboli Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
For this episode, let's revisit a Case Interview & Management Consulting classic where we speak about our practice styles. Over the course of the case interview training program, it becomes very important for us to change our coaching style. First, candidates become used to solving cases in just this one style and we need to ensure they can adapt to any style. Second, candidates become adept at reading the "tell" in the coach/mentor so they know when they, the candidate, is making a mistake etc. By changing our coaching style and introducing mentors, we can easily avoid this problem and ensure candidates are becoming stronger at cases versus merely stronger at doing cases with the one coach. Ensure you are also practicing with partners who have different styles. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
5/22/2023 • 5 minutes, 29 seconds
577: How to beat burnout (with Michael P. Leiter, Ph.D.)
Welcome to an interview with the co-author of The Burnout Challenge, Michael P. Leiter, Ph.D. Burnout is one of the major contributors driving people to leave their job. It results from unsuccessfully managed workplace stress and is a combination of exhaustion, psychological distancing, and a low sense of accomplishment. So how do we address burnout and who is responsible for managing this issue? In this episode, we discuss the factors contributing to employee burnout and what leaders and managers can do to understand, protect, and manage their employees to alleviate the distress from the elements that result in burnout. “Some people are looking for something from that job that it's not providing, that there is a mismatch.” —Michael P. Leiter, Ph.D. Michael P. Leiter, Ph.D., is an organizational psychologist interested in the relationships of people with their work. He has been a professor of Industrial and Organisational Psychology at Deakin University in the Faculty of Health and Canada Research Chair in Occupational Health at Acadia University. Michael lives in Nova Scotia where he writes and consults with workplaces on preventing burnout while improving respect among people. Get Michael’s new book here: The Burnout Challenge: Managing People’s Relationships with Their Jobs. Christina Maslach and Michael P. Leiter Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
5/17/2023 • 47 minutes, 49 seconds
576: Extinguishing burnout and workplace stigma (with Christina Maslach, PhD)
Welcome to an episode with Christina Maslach, PhD, a professor of psychology (Emerita) and a researcher at the Healthy Workplaces Center at the University of California, Berkeley. In this episode, we discuss the causes of burnout and the factors contributing to it, and how leaders and organizations can address this issue to provide a sustainable and healthy working environment for their employees. Christina Maslach, PhD, received her BA from Harvard and her PhD from Stanford. She is best known as the pioneering researcher on job burnout, producing the standard assessment tool (the Maslach Burnout Inventory, MBI), books, and journal articles. She has received numerous awards for her work, including both academic (the 2020 award for scientific writing from the National Academy of Sciences) and public (named in 2021 as one of the top 100 people transforming business, by Business Insider). In addition, she is an award-winning teacher and was Professor of the Year in 1997. As an administrator, she was Vice Provost for Undergraduate Education and Instructional Technology, and the Chair of the faculty Academic Senate (twice) at UC-Berkeley. She was the president of the Western Psychological Association when it celebrated its 100th anniversary in 2020. She is now interviewing women faculty who arrived at Berkeley in the 1970s, after the historic low point for women in the 1960s. Get Christina’s new book here: The Burnout Challenge: Managing People’s Relationships with Their Jobs. Christina Maslach and Michael P. Leiter Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss why candidates fail profit cases. Most candidates would tackle a McKinsey profitability case by presenting a revenue-cost framework and offer options to lower costs and increase revenue. The reality is that such a framework and explanation shows a deep misunderstanding of business and business strategy. In this podcast, we present the correct way to understand profitability cases which require candidates to understand the growth and cost of growth needs of shareholders. This logic never fails to impress interviewers. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
5/10/2023 • 5 minutes, 3 seconds
574: Six priorities for case interviews (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we provide a simple set of priority areas that a novice aspiring consultant should focus upon in the building up to the MBA full-time September interviews. It ties together themes from existing podcasts but presents them in the format of a case interview preparation roadmap. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
5/8/2023 • 9 minutes, 25 seconds
573: How to thrive in the ecosystem economy (with Venkat Atluri)
Welcome to an episode with a Senior Partner and the global leader in the Tech and Telecommunication practice at McKinsey and Company, Venkat Atluri. In this episode, we defined the emerging ecosystem economy and how most successful companies navigate and thrive in this new world. Venkat Atluri is a thought leader at McKinsey, a prolific author, and a sought-after speaker at industry events. He collaborates with top executives, boards, and investors to create value through end-to-end performance transformation, programmatic M&A, and new business building from scale-up to IPOs. He is keenly focused on the future of technology, with special emphasis on the cross-sector opportunities at the intersection of new technologies and emerging business models. He serves clients in the high-tech, media and telecommunications, advanced industries, and consumer sectors. He has a passion for advising venture capital and private equity investors. Venkat is a leading expert on vast and emerging opportunities created by the network connectivity of devices, systems, platforms, and people that are powered by software and hardware. He draws on this expertise to guide clients through the design and deployment of network and ecosystem-based businesses across sectors. He has held many leadership positions throughout his tenure at the firm. He co-founded and led McKinsey’s IoT (Internet of Things) Practice. He also created a group that aims to incubate new analytic and digital assets, develop innovative client offerings, and build alliances and partnerships with innovators. He previously spearheaded digital, analytics, and tech-enabled transformations for clients in advanced industries, and also led the firm’s global efforts in the Technology, Media & Telecommunications Practice to help clients fast-track and sustain transformational impact through leadership alignment, execution support, capability-building, and leadership development via a distinctive set of assets and exceptional digital-learning programs. Prior to joining McKinsey, Venkat held global operating leadership roles overseeing large businesses and functions, with a focus on product development, management, and deployment. Outside of McKinsey, Venkat serves on the board of 1871, a world-leading not-for-profit start-up incubator. He is the current chairman of the board and a founding member of Current Water, a not-for-profit that seeks sustainable solutions to water challenges through innovation and collaboration for developing and deploying the tools, practices, and technologies to promote sustainable blue economy growth. Get Venkat’s new book here: The Ecosystem Economy: How to Lead in the New Age of Sectors Without Borders. Venkat Atluri and Miklós Dietz Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
5/3/2023 • 56 minutes, 4 seconds
572: How should we regulate tech? (with Ben Pring)
For this episode, we interviewed the coauthor of Monster: A Tough Love Letter on Taming the Machines that Rule our Jobs, Lives, and Future, Ben Pring. Who is responsible for regulating and overseeing technology and online platforms? Is it the government? The ITs and developers? Or maybe…the users? In this episode, we deliberated the significance of technology in human lives and the negative consequences brought by irresponsible and abusive use of technology. Ben Pring is a widely acknowledged IT futurist and thought leader with a storied track record working with the biggest and fastest-growing IT vendors and with the most demanding and sophisticated IT buyers. Get Ben’s book here: Monster: A Tough Love Letter On Taming the Machines that Rule our Jobs, Lives, and Future. Ben Pring and Paul Roehrig. Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
5/1/2023 • 41 minutes, 18 seconds
571: Capturing and using feedback correctly (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss how to capture and use feedback correctly. Candidates good through a lot of trouble finding practice partners and reaching out to current and former consultants. We do, however, find that despite all of this effort, they tend to be very weak at the manner in which they capture valuable lessons. There is far too little planning and it is largely a trial and error process. They reach out to 10 people hoping that at least 3 will provide great feedback and possibly 7 will provide some feedback. We find the best candidates have a list of items that they want assessed in the practice session and this rolling list is continuously being updated after every session. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
4/26/2023 • 5 minutes, 37 seconds
570: Four classic math mistakes in cases (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss four classic math mistakes in cases. Candidates mess up calculations for 4 primary reasons: missing units, complicated equations, weak visual layout and poor technique. Notice that we ignore speed and arithmetic. There is a reason for that and it is discussed in the podcast. The most surprising one of the lot is missing units. We have trained PhDs who graduated first in their schools and many tend to drop units thereby producing meaningless answers. These are all simple mistakes but the impact is substantial. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
4/24/2023 • 7 minutes, 18 seconds
569: What fuels our desires? (with Luke Burgis)
For this episode, we interviewed the author of Wanting: The Power of Mimetic Desire in Everyday Life, Luke Burgis. Why do we want what we want? This topic is rarely presented in conversations, business meetings, or political agendas, but it has a comprehensive impact on our lives and shapes our societies. This episode explores the psychology behind human desires, role modeling, competition, and the awareness of intentional wanting. Luke Burgis has founded and led multiple companies. He’s currently entrepreneur-in-residence and director of programs at the Ciocca Center for Principled Entrepreneurship at the Catholic University of America, where he also teaches business and develops new education initiatives. He's also the founder and director of Fourth Wall Ventures, an incubator for people and companies that contribute to the formation of a healthy human ecology. He graduated from NYU Stern School of Business and later from a pontifical university in Rome, where he studied theology. He lives in Washington, D.C., with his wife, Claire. Get Luke’s book here: Wanting: The Power of Mimetic Desire in Everyday Life, Luke Burgis. Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
4/19/2023 • 52 minutes, 4 seconds
568: Go beyond happiness (with Jenn Lim)
For this episode, we interviewed Jenn Lim, the CEO of Delivering Happiness, also known as DH. In this episode, Jenn speaks about her journey of discovering and understanding the meaning of happiness and purpose. What is the source of genuine happiness and how does it impact your work and career? Delivering Happiness, also known as DH is a company that Jenn Lim and Tony Hsieh, the late CEO of Zappos.com, cofounded to create happier company cultures for a more profitable and sustainable approach to business. DH started as a book and evolved into a business consultancy and global movement that has impacted and inspired over 400 companies around the world. Jenn’s mission is something both simple and profound: to teach businesses how to cultivate cultures that generate profit, sustain all people at every level of the organization with humanity, and share how we can make an impact by being true to our authentic selves. In 2017, Jenn was selected to be on the Global Happiness Council of Work and Wellbeing with the charter to scale the impact she's made in even more sustainable ways. In 2020, DH was on Inc. 5000’s list of fastest-growing companies. Get Jen’s book here: Beyond Happiness: How Authentic Leaders Prioritize Purpose and People for Growth and Impact. Jenn Lim Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
4/17/2023 • 1 hour, 1 minute, 38 seconds
567: Managing sales in a world of constant change (with Frank Cespedes)
For this episode, we interviewed the author of Sales Management That Works: How to Sell in a World that Never Stops Changing, Frank Cespedes. How do you manage sales in a world that never stops changing? In this episode, Frank shares valuable insights to equip sales professionals and business leaders in managing sales within their organization and how to better improve and develop themselves while managing constant change. Frank Cespedes is a sales expert and Senior Lecturer at Harvard Business School. He runs a business, has served on the boards of corporations and start-ups, and has consulted to companies around the world. He is the author of articles in Harvard Business Review, California Management Review, Organization Science, The Wall Street Journal, and other publications as well as 6 books, including Aligning Strategy and Sales, which was cited as "the best sales book of the year" (Strategy+Business), "a must read" (Gartner), and "perhaps the best sales book ever" (Forbes). Get Frank’s book here: Sales Management That Works: How to Sell in a World that Never Stops Changing. Frank Cespedes. Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
4/12/2023 • 48 minutes, 29 seconds
566: What is the foundation of trust? (with Sandra Sucher)
For this episode, we interview the coauthor of The Power of Trust, Sandra Sucher. In this book, Sandra Sucher and Shalene Gupta examine the economic impact of trust and the science behind it and conclusively prove that trust is built from the inside out. Trust emerges from a company being the “real deal”: creating products and services that work, having good intentions, treating people fairly, and taking responsibility for all the impacts an organization creates, whether intended or not. Sandra Sucher is a professor of management practice at Harvard Business School and studies trust and moral leadership. She’s authored 110 business cases, technical notes, video interviews, teaching notes, and three books. Sucher is on the Edelman Trust Institute advisory board and has collaborated with Deloitte on TrustIQ™, a proprietary tool that measures key elements of trust in major corporations and public sector organizations. Sucher was a business executive for 20 years before joining Harvard. As a senior executive at Fidelity Investments, she measured customer loyalty, redesigned back-office operations, and improved the quality of service. In retailing, she co-authored the proposal to expand Filene’s Basement from a single-unit business to a national chain. She has served on corporate and nonprofit boards and as the Better Business Bureau chair. Get Sandra’s book here: The Power of Trust: How Companies Build It, Lose It, Regain It. Sandra J. Sucher and Shalene Gupta Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
4/10/2023 • 1 hour, 16 minutes, 50 seconds
565: 10 proven rules to succeed in tech stock investing (with Mark Mahaney)
For this episode we interviewed one of Wall Street’s legendary tech analysts, Mark Mahaney. In this episode, Mark discusses ten lessons that are proven to help investors succeed in tech stock investing. He shares powerful advice and knowledge from analyzing the most explosive sector on Wall Street over the past quarter century. Lesson 1: There Will Be Blood… When You Pick Bad Stocks Lesson 2: You Can Lose $...Even When You Pick The Best Stocks Lesson 3: Don’t Play Quarters Lesson 4: Revenue Matters More Than Anything Lesson 5: It Doesn’t Mean a Thing, If It Ain't Got That Product Swing Lesson 6: TAMs - The Bigger The Better Lesson 7: Follow the Value Prop, Not the Money Lesson 8: Management Matters Most Lesson 9: Look for Ballpark Reasonable Valuation Lesson 10: Hunt for DHQs - Dislocated High-Quality Stocks Mark Mahaney has been covering internet stocks on Wall Street since 1998, with Morgan Stanley, American Technology Research, Citibank, RBC Capital Markets, and Evercore ISI. Institutional Investor magazine has ranked him as a top Internet analyst every year for the past 15 years, including five years as number one, and he has been ranked by the Financial Times and StarMine as the number-one earnings estimator and stock picker. In addition, TipRanks has placed Mahaney in the top one percent of all Wall Street analysts in terms of single-year stock picking performance. Get Mark's book here: Nothing But Net: 10 Timeless Stock-Picking Lessons from One of Wall Street’s Top Tech Analysts. Mark Mahaney Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
4/5/2023 • 39 minutes, 44 seconds
564: Redefining digital transformation (with Tim Bottke)
Welcome to an episode with the author of Digital Transformation Payday, Tim Bottke. Why do companies embark on digital transformation? Is it because they need it? Or is it because it’s the trend? In this episode, we deep dived into the world of digital transformation. We discussed the common mistakes companies make when pursuing digital transformation and the rationale that CEOs and leaders must have to succeed in this endeavor. Tim Bottke is a senior Strategy Partner at Monitor Deloitte and an Associate Professor for Strategy and Digital Transformation at SDA Bocconi, a Financial Times, Forbes, and Bloomberg Businessweek top five European business school. He has more than 22 years of top management consulting and digital transformation experience from two global strategy boutiques and Deloitte, working with clients in more than 20 countries. Digital Transformation Payday: Navigate the Hype, Lower the Risks, Increase Return on Investments. Tim Bottke Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
4/3/2023 • 43 minutes, 1 second
563: The hidden meaning behind failure (Suneel Gupta)
For this episode, let's revisit a Case Interview & Management Consulting classics where we interviewed Suneel Gupta, the author of the international bestselling book Backable (2020). This book is rooted in his inner journey from twice-failed entrepreneur to becoming a leader behind two IPOs and being named “The New Face of Innovation” by the New York Stock Exchange. The book reveals the mindset shifts and hidden habits of people who are extraordinary at pushing new ideas forward. It shows how the key to success is not charisma, connections, or even your résumé, but rather your ability to persuade others to take a chance on you. As the founding CEO of RISE, a breakthrough wellness company, Suneel helped thousands of people establish a way to personalize their physical and mental health journey while connecting with certified nutritionists and trainers at an affordable price. The company was named “App of the Year” and partnered with then first-Lady Michelle Obama before being acquired by the NASDAQ-listed company One Medical Group. In 2022, with its acquisition of One Medical Group, RISE is now part of Amazon. As visiting scholar at Harvard Medical School, Suneel researches and teaches the interconnection between inner well-being and outer leadership. He is also emissary for Gross National Happiness between the United States and the Kingdom of Bhutan. Suneel is currently the host of Business Class, a docuseries created by American Express where he showcases entrepreneurs and business visionaries who embody struggle and resilience. He is joined on the show by guests like Top Chef's Tom Colicchio, former monk Jay Shetty, and Martha Stewart. Suneel has also personally backed ventures including Impossible Foods, AirBnB, 23andMe, and SpaceX. He was one of the very first investors in CALM, which now helps millions of people achieve a greater sense of work/life balance. Get Suneel’s book here: Backable: The Surprising Truth Behind What Makes People Take a Chance on You. Suneel Gupta Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
3/29/2023 • 1 hour, 20 minutes, 48 seconds
562: What drives Amazon’s success? (with Bill Carr)
For this episode, let's revisit a Case Interview & Management Consulting classics where we interviewed the former Amazon Digital Media VP, Bill Carr. Bill is the coauthor of Working Backwards: Insights, Stories, and Secrets from Inside Amazon, an insider's breakdown of Amazon's approach to culture, leadership, and best practices from two long-time, top-level Amazon executives. Bill Carr joined Amazon in 1999 and spent more than 15 years with the company. As the former Vice President of Digital Media, Bill launched and managed the company's global digital music and video businesses, including Amazon Music, Prime Video, and Amazon Studios. After Amazon, Bill was an Executive In Residence with Maveron LLC, an early-stage, consumer-only venture capital firm. Bill later served as the Chief Operating Officer of OfferUp, the largest mobile marketplace for local buyers and sellers in the U.S. Today, Bill is the co-founder of Working Backwards LLC where he coaches executives at large and early-stage companies on how to implement the management practices developed at Amazon. Bill holds a Bachelor of Arts degree from Colby College and a Masters in Business Administration from the Goizueta Business School at Emory University. Get Bill’s book here: Working Backwards: Insights, Stories, and Secrets from Inside Amazon. Bill Carr and Colin Bryar. Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
3/27/2023 • 1 hour, 13 minutes, 40 seconds
561: Diving deep into enduring business ideas (with Adi Ignatius)
Welcome to an episode with the Editor-in-Chief of the Harvard Business Review Group, Adi Ignatius. In this episode with Adi Ignatius, we discussed timeless pieces from the Harvard Business Review, deep-dived into the business ideas and concepts within, and discussed how its perspective on business ideas helps us prepare for the future. Adi shared how HBR’s mission changed from the time it was founded and how it is improving for readers. Adi Ignatius oversees the editorial activities of Harvard Business Review, hbr.org, and HBR’s book-publishing unit. Prior to joining HBR in 2009, Mr. Ignatius was the No. 2 editor at TIME. He is the editor of two books: President Obama: The Path to the White House and Prisoner of the State: The Secret Diaries of Premier Zhao Ziyang. Both made the New York Times Bestseller List. Adi lived and worked overseas for nearly 20 years. He was Editor of Time’s Asian edition and served as Beijing Bureau Chief and Moscow Bureau Chief for the Wall Street Journal. He is also host of the HBR Channel. Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
3/22/2023 • 49 minutes, 31 seconds
560: Be your own hero (with Carolyn Buck Luce)
Welcome to an episode with one of America’s most respected and accomplished voices on women as leaders and their relationship with power, Carolyn Buck Luce. Have you ever wondered what the world looks like from someone else’s point of view? We are all born different, with unique perspective, set of skills, talent, and experience, and with this combination, we can write our own story and design a life that is aligned with our purpose and meaning. As Carolyn said, “If you want to live in a way that is worth dying for, you can choose the most epic story for yourself knowing that you already have everything you need to have a life of meaning and purpose. The only question is how you want to invest your time, your trust, your talent, and your treasures.” Carolyn Buck Luce is a sought-after speaker, she was appointed by New York City’s former Mayor Bloomberg to his Commission on Women’s Issues and has co-authored numerous articles in the Harvard Business Review on women’s leadership, as well as diversity and inclusion. Across five decades, Carolyn has been a successful diplomat, Wall Street banker, management consultant, healthcare futurist, talent innovator, professor, author, philanthropist, wife, mother, and grandmother. Carolyn’s life journey navigating a man’s world has given her a unique perspective on living an epic life of meaning and purpose, regardless of the obstacles. Today, she uses her proprietary Decade Game to coach leading women around the globe to step fully into their power at home, at work, and in the world. Connect with her at carolyn@mydecadegame.com. Get Carolyn’s book here: Epic!: The Women's Power Play Book. Carolyn Buck Luce Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
3/20/2023 • 1 hour, 5 minutes, 27 seconds
559: How to use scarcity to drive sales (with Dr. Mindy Weinstein)
Welcome to an episode with a leading expert in digital marketing, Dr. Mindy Weinstein. In this episode, Mindy discussed how to leverage the principle of scarcity to influence customer decisions, boost sales, and positively impact your business. She also shared the four types of scarcity: time-related, supply-related, demand-related, and limited edition. In this conversation, Mindy highlighted the importance of using scarcity ethically and developing marketing tactics that align with your product or service that aim not only to sell but to help your audience and customers. Dr. Mindy Weinstein is a leading expert in digital marketing and has been named one of the top women in the industry globally. Founder of the digital marketing firm Market MindShift, she has trained thousands of professionals from organizations of all sizes, including Facebook, The Weather Channel, and World Fuel Services. She has a doctor of philosophy degree in general psychology with an emphasis on technology and is a marketing instructor at Grand Canyon University and the University of Denver, as well as a program leader for The Wharton School and Columbia Business School. Weinstein uses her experience and knowledge as a marketer, researcher, teacher and scholar to help businesses increase revenue. She is the host of the popular podcast, Persuasion in Business, and is a global speaker. Weinstein is married, the mom of two boys, and calls Arizona home. Get Mindy's book here: The Power of Scarcity: Leveraging Urgency and Demand to Influence Customer Decisions. Dr. Mindy Weinstein Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
3/15/2023 • 47 minutes, 49 seconds
558: Why you need case interview structures (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss why you need case interview structures. Despite the words “framework” and “structure” used so often, most candidates cannot explain what it is and why it is used. Unless you know the latter, you tend to misuse the framework and incorrectly use it in a case. This podcast presents the need for case structures from the viewpoint of the interviewer or engagement partner. It indicates that case structures are not there merely to guide you, but to guide the person guiding you. And if you extend this to its logical conclusion, if the framework is their to guide the interviewer, then communicating your structure and thinking becomes very important. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
3/13/2023 • 11 minutes, 18 seconds
557: Drowning in case feedback (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss about candidates drowning in feedback. They want as much good feedback as possible and speak to as many people as possible thereby receiving lots of detailed and sometimes average feedback on their performance. There are two problems here. First, much of this feedback will likely be contradictory and possibly misleading. Second, the candidate will literally drown in this feedback usually consisting of a 2-page list of improvement areas. We expect our candidates to always prioritize the top 3 issues and tackle them, as explained in this podcast. It is vital to follow this 80/20 principle and ignore the majority which will be of little value overall. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss the disclosure rules on resumes. Candidates sometimes divulge too much confidential details, or too little in interviews, resumes, cover letters and LinkedIn profiles. These are the rules for disclosure. It is important to remember that disclosing confidential information merely indicates to McKinsey that you cannot be trusted with their own client information. Moreover, disclosing information on your resume and hiding it from your LinkedIn merely means you are aware of the ethical breach you are making. It is important to avoid these problems at all costs. From the beginning, be the person that is worthy of a consulting firm. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
3/6/2023 • 8 minutes, 8 seconds
555: Build hypotheses with decision trees (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss how build hypotheses with decision trees. Building hypotheses is very difficult. Most candidates in a McKinsey, BCG et al interview would not know when to build the hypothesis, what comprises the hypothesis, how to test if it is MECE etc. This simple technique is one way to build hypotheses and used on real consulting engagements. It was developed to help candidates prioritize their analyzes and ensure the hypotheses are MECE. When practicing this technique note that the development of the decision tree must be done quickly and cleanly. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
3/1/2023 • 9 minutes, 26 seconds
554: Example of poor case dialogue (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss an example of poor case dialogue. Interviewers can only respond to what you say, and poor communication, like in this example, not only wastes time, but is a poor reflection on your candidacy. This is a crucial point to remember. No matter how brilliant you may be, if you cannot communicate that brilliance, and do so in a manner laymen would understand, your intellect counts for little in a case interview since it is all about demonstrated competency. You must demonstrate your competency. Period. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
2/27/2023 • 11 minutes, 43 seconds
553: DEI: The foundation of workplace utopia (with Dr. Ella F. Washington)
Welcome to an episode with Dr. Ella F. Washington, the author of The Necessary Journey: Making Real Progress on Equity and Inclusion. How do we build an environment where employees feel safe to be themselves? Who is responsible for creating an organization that values and embraces diversity, equity, and inclusion? And what do we truly need to achieve, sustain, and maintain the workplace utopia that we dreamed of? Dr. Ella F. Washington is an organizational psychologist and DEI expert with a wealth of experience through her involvement as the Founder and CEO of Ellavate Solutions, a Professor of Practice at Georgetown University's McDonough School of Business, and the co-host of Gallup's Center of Black Voices Cultural Competence Podcast. Dr. Washington continues to deepen her research pipeline and thought leadership as a Gallup Senior Scientist studying inclusive leadership, strengths and other DEI workplace topics. She has global consulting experience in the human capital space, which has allowed her to impact clients across a myriad of industries including financial services, sports & entertainment, oil & gas, higher education and government. Previously, Dr. Washington worked at Gallup and led the Diversity and Inclusion practice where she provided insight to clients on issues of culture, strategic DEI and engagement. The Necessary Journey: Making Real Progress on Equity and Inclusion. Dr. Ella F. Washington Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
2/22/2023 • 45 minutes, 13 seconds
552: How to hold networking conversations (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss how to hold networking conversations Networking calls/coffee chats are tricky. You should not be following the advice found for general recruitment. We insist our clients network with partners so most of the advice we provide is for networking with McKinsey and BCG partners. The reality is that partners are best equipped, and most influential, to assess a unique profile and make a judgement call on the spot. The danger is that if you do not impress the partner, you are very unlikely to go anywhere with further networking. The more atypical your profile, though, the greater the need to network with a partner, and the benefits far outweigh the risks. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
2/20/2023 • 9 minutes, 44 seconds
551: Building careers and lasting relationships (with Frank O’Connell)
Welcome to an episode with Frank O’Connell, the author of Jump First, Think Fast. In this episode, Frank takes us on his career journey as he successfully explores multiple industries from baked goods to sporting apparel to video games. He shares the lessons he learned and how he built lasting relationships as he worked in different industries. Frank O’Connell is known for his unconventional approach for high performance through his strategic thinking, brand building, breakthrough marketing, and new product ideas. His accomplishments include serving as president of Reebok Brands, president of HBO Video, CEO of Indian Motorcycle, and chairman and CEO of Gibson Greetings, Inc. He spent the first fourteen years of his career developing well-known brands at Arnold Bakery, Mattel, Carnation Company, and Hunt Wesson foods, among other brands in the baking and natural foods industry. O’Connell was a senior partner with The Parthenon Group, a top strategic consulting company for seven years. He also spent sixteen years on the board of TreeHouse Foods Inc., and he is an investor and board member at Schylling, Inc., a toy company and is cofounder of Tuckerman Capital. He has also served on numerous Cornell University boards where he earned his BS in Economics and an MBA. Get Frank’s book here: Jump First, Think Fast: An Unconventional Approach to High Performance. Frank O’Connell Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
2/15/2023 • 53 minutes, 29 seconds
550: Understanding cryptocurrency and blockchain (with Ravi Sarathy)
Welcome to an episode with a Professor of International Business and Strategy at Northeastern University's D'Amore-McKim School of Business, Ravi Sarathy. What happens if a company or country regulates its own digital currency? In this episode, Ravi Sarathy answers very interesting questions about blockchain and cryptocurrency. He outlines the features and capabilities of a blockchain, the implications of using it, and how organizations can leverage blockchain to their advantage. Ravi Sarathy is the author of Enterprise Strategy for Blockchain, published by MIT Press in Oct. 2022, in which he explains how companies can gain a competitive advantage by developing and deploying blockchain capabilities. Ravi has published in journals such as Journal of International Business Studies, Journal of Management Studies, Long Range Planning, Small Business Economics, and California Management Review. His previous book was Firms within Families: Enterprising in Diverse Country Contexts. His research interests are in global strategy, technology strategy, and family business. Ravi holds a Ph.D., Univ. of Michigan, and is a graduate of the Indian Institute of Management, Ahmedabad. He has taught executive education programs for companies such as BAE Systems, LG Electronics (S. Korea), Masa Shipyards (Finland), Mathworks, EMC, and others. He was a Fulbright scholar, as the Fulbright-Flad Chair in Strategic Management at the Technical University of Lisbon. He has been a Visiting Professor at the University of Michigan, at the Australian Graduate School of Management in Sydney, and other institutions. Get Ravi’s book here: Enterprise Strategy for Blockchain: Lessons in Disruption from Fintech, Supply Chains, and Consumer Industries (Management on the Cutting Edge) Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
2/13/2023 • 1 hour, 1 minute, 11 seconds
549: Is there a decline in US industrial prowess? (with Nick Santhanam)
Welcome to an episode with Nick Santhanam, the CEO of Fernweh Group, an investment company adapting an engaged investor & operator model (EIOM) to create alpha in the industrial and industrial technology sector. In this episode, we dig deep into the prevailing narrative about the decline of manufacturing in the US and if that is the case, the actions needed from the government to bring back the US as a thriving manufacturing nation. Nick Santhanam is a former Senior Partner at McKinsey & Company’s Palo Alto office and was the leader of their global industrials practice. In addition, Nick was the global convener of several McKinsey annual events, including the Industrial CEO event (GILS), Industrial-tech and Semiconductors CEO event (T-30), Food Processing CEO event (FPH-30), and Senior Tech Influencers Summit (TEDS). He co-authored several of their leading industrials research: McKinsey on Industrials, McKinsey on Food Processing and Handling, and McKinsey on Packaging. He is also on the Advisory Board of Smithsonian Libraries, given his passion in continuous learning. Early in his career, Nick worked as a technical manager at a printed circuit board (PCB) and ceramics manufacturer in New York. He also worked as a manufacturing engineer at another PCB and ceramics manufacturer in their Delaware facility. Nick has an MS in Chemical Engineering from University of Illinois and an MBA in Strategic Management and Finance from the Wharton School of the University of Pennsylvania, where he was a Ford and Palme Scholar. Get Nick’s book here: The Titanium Economy: How Industrial Technology Can Create a Better, Faster, Stronger America. Asutosh Padhi, Gaurav Batra, and Nick Santhanam Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
2/8/2023 • 54 minutes, 42 seconds
548: Winning against all odds (with Daphne Jones)
Welcome to an episode with a highly regarded global executive, Daphne E. Jones. In this episode, Daphne shares her inspiring journey of overcoming criticism, judgment, racism, and doubt. She was told by her career counselor that Black girls don’t successfully make it in college, but should instead go to secretary school. Today, Daphne is a corporate board member who has held CIO and other leadership positions at Fortune 500 companies including IBM, Johnson & Johnson, Hospira (now Pfizer) and General Electric. With the right mindset and perseverance, Daphne defied everyone’s doubts, overcame life’s challenges, and emerged victorious. Daphne also discussed the role and significance of finding the balance with your 5 F’s (faith, family, finances, fitness, and furthering your career) to succeed in life. She also elaborated on the 4-step EDIT methodology (Envision, Design, Iterate, and Transform) that enables women to transform their mindset to win. Daphne E. Jones has 30+ years of experience in general management and executive level roles at IBM, Johnson & Johnson, Hospira, and General Electric but began her career as a secretary. At GE, she served as SVP for Future of Work, SVP & CIO for Product Engineering, Imaging, and Ultrasound, and as Senior Executive & CIO for Global Services, all of which composed a $13 billion segment of GE Healthcare. Jones serves on the board of directors for AMN Healthcare, Inc., Barnes Group Inc., and Masonite International Corp, and is the recipient of numerous domestic and international awards. She recently started a company that teaches leaders how to prepare to serve on boards. Get Daphne’s book here: Win When They Say You Won't: Break Through Barriers and Keep Leveling Up Your Success Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
2/6/2023 • 1 hour, 20 minutes, 37 seconds
547: Designing company culture (with Mauro Porcini)
Welcome to an episode with the first-ever Chief Design Officer and SVP of PepsiCo, the world's second-largest food and beverage company, Mauro Porcini. In this episode, Mauro talked about how his career started and how his love of what he is doing helped made PepsiCo what it is today. He also talked about the step-by-step process of designing and establishing a new culture in any corporation and how this would lead to innovation, eventual growth, and overall success. In the past eight years, Mauro and his design team have won more than 1,100 design and innovation awards and in 2018, PepsiCo was recognized by Fortune in its Driven by Design list. He was previously 3M’s first Chief Design Officer. Porcini has been recognized with several personal awards, including Fortune’s 40 under 40, GQ Italia’s 30 Best Dressed Men, and Fast Company’s 50 Most Influential Designers in the United States. In 2018, he was awarded a knighthood (cavaliere) by the president of the Italian Republic. He lives in New York City. Get Mauro’s new book here: The Human Side of Innovation: The Power of People in Love with People. Mauro Porcini. Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
2/1/2023 • 1 hour, 26 minutes, 5 seconds
546: Driving company growth through ventures (with Linda Yates)
Welcome to an episode with Linda Yates, the founder and CEO of Mach49, the leading growth incubator for global businesses with clients including Goodyear, Hitachi, Intel, JetBlue, Nestlé Purina, Prudential and Shell. In Linda’s new book The Unicorn Within, she empowers large companies to beat startups at their own game—to build a pipeline and portfolio of new ventures to drive meaningful growth through teachable, repeatable, scalable method focused 100 percent on execution across the spectrum of venture creation from Ideate to Incubate, Accelerate, and Scale. She also offers keys to managing the Mothership and seizing the Mothership advantage to ensure your ventures reach escape velocity and thrive. Linda Yate is a seasoned CEO with over 25 years of experience creating global strategy and driving innovation for large multinationals around the world. A native of Silicon Valley, Linda spent a decade as a member of the Board of Directors for NYSE-traded Sybase Inc. (now SAP) and has been a board member and advisor to many entrepreneurs and private companies. Linda was previously CEO of Strategos, pioneering the field of Corporate Innovation with Co-Founder and Chairman, Professor Gary Hamel. She is a Henry Crown Fellow with the Aspen Institute. She has been interviewed by Reid Hoffman for “Masters of Scale” and other programs. Get Linda’s book here: The Unicorn Within: How Companies Can Create Game-Changing Ventures at Startup Speed. Linda Yates. Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/30/2023 • 1 hour, 14 minutes, 46 seconds
545: Redefining sales and personal brand (with Dr. Cindy McGovern)
Welcome to an episode with a top-rated speaker, best-selling author, and consultant, Dr. Cindy McGovern. Get Cindy’s book here: https://amzn.to/3Cys1ae Most of us view “sales” as a pushy, manipulative, and one-sided thing. But really, “sales” is understanding what others need and trying to deliver on those needs. Regardless of the nature of work—whether you're selling a product, service, or idea, you are selling yourself first and it is a life skill that everybody needs. Therefore, it is important to first build trust and develop your personal brand around it which will make selling easier. In this episode, Dr. Cindy defined sales in a different light. She discussed how to sell yourself and how to proactively manage your personal brand. Dr. Cindy McGovern is the founder of Orange Leaf Consulting, which helps organizations, entrepreneurs, and individuals create dynamic and robust sales processes. Before launching her business, McGovern was a college professor of communication as well as a successful sales professional. She has worked with hundreds of organizations of all sizes and specialties across the globe and is now one of the most sought-after business and sales authorities. Get Cindy’s book here: Sell Yourself: How to Create, Live, and Sell a Powerful Personal Brand. Dr. Cindy McGovern. https://amzn.to/3Cys1ae Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/25/2023 • 55 minutes, 46 seconds
544: The best practices to live a happy and fulfilling life (with Ashish Kothari)
Welcome to an episode with Ashish Kothari. In his book “Hardwired for Happiness” Ashish outlines an easy-to-follow recipe that can help anyone increase joy, health, love, and meaning in their lives. His transformational approach is secular, interdisciplinary and integrates learnings and best practices across the fields of science and spirituality. Get Ashish's new book here: https://amzn.to/3yyzfdh Ashish is an executive coach, author and founder of Happiness Squad, a company focused on helping individuals and organizations unleash the power of happiness and well-being to achieve their full potential. Ashish is a deep expert on happiness and human flourishing having read over 450 books and trained under masters across the disparate fields of spiritual wisdom traditions, psychology, and neuroscience. Prior to starting Happiness Squad, Ashish spent over 17 years at McKinsey and Co, a premier management consulting firm, supporting thousands of leaders and their organizations succeed through increasing their effectiveness, building more human-centric cultures, and developing new mindsets and capabilities at scale. He served as the co-dean for the Centered Leadership as well as Reenergizing organizations training programs at McKinsey and is a highly sought-after expert on leadership and well-being, both internally and externally. Ashish is a Newfield-certified ontological coach trained to help leaders overcome obstacles through the use of language, mood, and somatics to shift how they observe the world. He also has a Master’s in Business administration (MBA) with a specialization in Organizational behavior from Chicago Booth and a Bachelor's and Master's degree in Chemical Engineering from the Indian Institute of Technology, Mumbai, India. Ashish is married and lives with his wife Lizzie, son Ashwin and their dog Ms. Puggles in Boulder, Colorado. He serves on the advisory board of the CU Leeds business school. Get Ashish’s book here: Hardwired for Happiness: 9 Proven Practices to Overcome Stress and Live Your Best Life. Ashish Kothari. https://amzn.to/3yyzfdh Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/23/2023 • 53 minutes, 54 seconds
543: Case length and details (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we dtalk about case length and details. When we ask candidates for more details in their resume, fit responses and cover letter, they always write longer sentences. There is an important difference between “more details” and “greater length". Most candidates are accustomed to spending just a few minutes on a thought and then writing up long and poorly structured sentences. When we ask for more details, we require more facts in the case interview or fit answer and this, crucially, usually means denser and shorter answers. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/18/2023 • 6 minutes, 52 seconds
542: Speed is the wrong focus area (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss speed. Far too many candidates focus on being faster. That is another myth. Speed is an outcome of having good technique. So if you are slow, deconstruct your technique, analyze weaknesses and develop a new way to solve arithmetic. That is key. Unless your technique improves aka "your process to solve math," you will never improve. We explain how in this podcast. Moreover, if an interviewer or practice partner indicates you are slow, think carefully if your technique can be improved, versus merely trying to speak faster. Note, there are many different techniques to solve arithmetic problems so do not search for the "best" technique. Find one that works for you. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/16/2023 • 8 minutes, 50 seconds
541: Are you trading time for money? (with Catherine Mattiske)
Welcome to an episode with Catherine Mattiske, a leading training professional, author, and publisher, with an internationally acclaimed career spanning 30 years across an array of industries including banking, insurance, pharmaceutical, biotechnology, and retail. In this episode, Catherine speaks about her journey of becoming a successful entrepreneur and how she broke out of trading time for money. Catherine shares her advice to people who are trying to build a company from the ground up and also build a passive income. She highlighted the value of communication in forming and strengthening client relationships, leading to business success. Catherine Mattiske established ‘The Performance Company,’ a leading-edge training and consulting organization, in 1994. The Performance Company has offices in Sydney, Los Angeles, New York, and London. Catherine has earned a reputation for helping clients achieve their personal and business goals across Australia, the USA, United Kingdom, Europe, Africa, New Zealand, and Asia. Her client list has a global reach, including high profile Fortune 100 and 500 companies. Catherine Mattiske is an accomplished author and publisher. In 2021, Mattiske published her thirty-first book: UNLOCK INNER GENIUS: Power Your Path to Extraordinary Success. Recognized globally for her achievements in business, Catherine Mattiske was a member of the US Congressional Business Advisory Council. Mattiske has been awarded for her influence on US business and has also been nominated on several occasions for the prestigious Australian Business Woman of the Year. Since expanding her Australian business to the US and Europe in 2001, Catherine has worked with her team remotely and built a global virtual organization. Catherine knows the highs and lows of leading virtual teams, and she is passionate about helping leaders overcome their barriers to success when leading virtual teams. Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/11/2023 • 1 hour, 21 minutes, 30 seconds
540: The commonalities of thriving female leaders (with Julia Boorstin)
Welcome to an episode with CNBC’s Senior Media & Tech Correspondent, Julia Boorstin. Get Julia’s Book here: https://amzn.to/3ekjT4Y In this episode, Julia speaks about female leaders and their struggles in facing gender bias and “pattern matching” in largely male-dominated industries. She discusses the key commonalities of female leaders who thrived in spite of the challenges that made them uniquely equipped to lead and grow successful businesses. Julia also shared her journey of becoming a CNBC senior media and tech correspondent. As an expert, she shares tips on how to prepare for interviews, how to become a better communicator, and how to respond to opportunities. Julia Boorstin is CNBC’s Senior Media & Tech Correspondent and has been an on-air reporter for the network since 2006. She also plays a central role in CNBC’s bicoastal tech-focused program “TechCheck” delivering reporting, analysis, and CEO interviews with a focus on social media and the intersection of media and technology. In 2013, Boorstin created and launched the CNBC Disruptor 50, an annual list she oversees, highlighting private companies transforming the economy and challenging companies in established industries. She also helped launch the network’s ‘Closing the Gap’ initiative covering the people and companies closing gender and diversity gaps. Julia is a graduate of Princeton University, she has been a reporter for Fortune magazine, as well as a contributor to CNN and CNN Headline News. She also was an intern for Vice President Gore’s domestic policy office. She lives in Los Angeles with her husband and two sons. Get Julia’s book here: When Women Lead: What They Achieve, Why They Succeed, and How We Can Learn from Them. Julia Boorstin. https://amzn.to/3ekjT4Y Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/9/2023 • 1 hour, 1 minute, 42 seconds
539: A strategy to navigate a paradox (with Wendy Smith)
Welcome to an episode with an expert on organizational paradoxes, Wendy Smith. Get Wendy’s Book here: https://amzn.to/3fF1b8C When faced with a tough decision-making situation, it is common for us to assess and select what we believe is the best deal and then move on. We tend to assume that we need to pick one option and eliminate the other. But what if we could actually succeed in pursuing both options? In this episode with Wendy Smith, we discuss how leaders and individuals can effectively respond to contradictory yet interdependent demands and have the mindset shift needed to successfully navigate a paradox. Wendy Smith is the Dana J. Johnson Professor of Management and faculty director of the Women’s Leadership Initiative at the Lerner College of Business and Economics, University of Delaware. She earned her PhD in organizational behavior at Harvard Business School, where she began her intensive research on strategic paradoxes—how leaders and senior teams effectively respond to contradictory yet interdependent demands. Working with executives and scholars globally, she received the Web of Science Highly Cited Research Award (2019, 2020, and 2021) for being among the 1 percent most-cited researchers in her field and received the Decade Award (2021) from the Academy of Management Review for the most cited paper in the past 10 years. Her work has been published in such journals as Academy of Management Journal, Administrative Science Quarterly, Harvard Business Review, Organization Science, and Management Science. She has taught at the University of Delaware, Harvard University, and the University of Pennsylvania–Wharton while helping senior leaders and middle managers all over the world address issues of interpersonal dynamics, team performance, organizational change, and innovation. Wendy lives in Philadelphia with her husband, three children, and the family dog. Get Wendy’s book here: Both/And Thinking: Embracing Creative Tensions to Solve Your Toughest Problems. Wendy Smith, Marianne Lewis, Amy C. Edmondson. https://amzn.to/3fF1b8C Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/4/2023 • 53 minutes, 24 seconds
538: Success to downfall: The story of Carlos Ghosn (with Sean McLain)
Welcome to an episode with a reporter for The Wall Street Journal, Sean McLain. Get Sean’s book here. This episode with Sean McLain revolves around the story of Carlos Ghosn, one of the world’s most feared and admired business executives who had remarkable success, yet faced a catastrophic fall. He was accused of financial misconduct and arrested for a bevy of alleged crimes—all of which he vehemently denied. Sean is a reporter for The Wall Street Journal based in Los Angeles, covering EV startups like Rivian, Lucid, and Japanese and Korean automakers. Since 2016, Sean McLain has overseen The Wall Street Journal's coverage of the largest automakers in Japan, including Toyota, Honda, and Nissan, and received the Malcolm Forbes Award by the Overseas Press Club of America for his coverage of the former Nissan and Renault executive's arrest and detention. Sean graduated from St. John's College in Annapolis, Maryland, and lives in Tokyo. Get Sean’s book here: Boundless: The Rise, Fall, and Escape of Carlos Ghosn. Nick Kostov and Sean McLain Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/2/2023 • 59 minutes, 29 seconds
537: Do not read your interviewer (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss about the typical errors candidates make in trying to read too much into the behavior of interviewers: quiet, asking questions, rude, etc. One thing we always caution candidates is to be wary of assuming the friendly person likes them or that the unfriendly person does not like them. Friendliness does not equate to "like" and people display their emotions in very different ways. So, if the interviewer is very friendly, it could go either way. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
12/28/2022 • 9 minutes, 5 seconds
536: The financial freedom roadmap (with Candy Valentino)
Welcome to an episode with a sought-after business leader and an expert in finance and investing, Candy Valentino. How do you create wealth and financial freedom? This question roams around almost anyone’s mind. Yet, not everyone has achieved the “financial freedom” level. In this episode, Candy shares the most effective tips to build wealth through investment, sustainable and long-term business, and how to earn and save more. She discussed the right mindset about money and covered the six ordinary steps to achieve extraordinary financial freedom. Candy Valentino has over 24 years of business experience building and exiting companies in service, retail, product manufacturing, and real estate investing. During her two-and-a-half decades as an entrepreneur, Candy Valentino has been named to Top Business Leaders 40 Under 40, Top 50 Women In Business, 10 People Making a Difference, Top 10 Business Consultants by Yahoo Finance, and was the youngest female to receive the Governor’s Award in Entrepreneurship in Pennsylvania. Success Magazine named her “Women of Influence” and “Leaders Who Get Results” alongside Tony Robbins and Brené Brown. She shares her gritty, real-world business and investing strategies with an audience of millions through her Founders Organization. Candy Valentino lives in Scottsdale, AZ. Get Candy’s book here: Wealth Habits: Six Ordinary Steps to Achieve Extraordinary Financial Freedom. Candy Valentino Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
12/26/2022 • 52 minutes, 38 seconds
535: The vast possibilities within knowledge management systems (with Jennifer Smith)
Welcome to an episode with Jennifer Smith, the CEO and co-founder of Scribe, Jennifer Smith. In this episode, Jennifer shared her career journey and how she came up with the ideas that led her to founding Scribe. We discuss the value of institutionalizing knowledge and unleashing know-how from a single person into an asset that’s available across the company. We also speak about the massive possibilities that a knowledge management system can have for a company and the impact it can have on a business. Jennifer Smith is a former VC and McKinsey consultant turned accidental CEO. She interviewed more than 1,200 business leaders on a quest to understand everything there is to know about processes, best practices, and productivity. Now, with her startup Scribe, she’s empowering people to own their processes by building the world’s first operating system for know-how. Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
12/21/2022 • 50 minutes, 24 seconds
534: MOVE: A framework to reinforce the leader in you (with David Noble)
Welcome to an interview with a leadership coaching legend, David Noble. Most leaders experience a lack of motivation to continue the things they once had a passion for. So, how do you rekindle the fire of motivation when it starts to die? The key is to know your “why” and assess if your reason is strong enough to continue the journey. In this episode, David shares the role he plays in reframing things and bringing the best out of leaders, executives, and CEOs. David shares a powerful new framework called MOVE that characterizes great and extraordinary leaders. Most of us dislike having only one strategy to win. In David's framework, he discusses the four simple yet powerful options that will take you to the same goal: lean in, lean back, lean with, and don’t lean. David Noble has more than twenty years of global experience advising CEOs, their teams, and major investors on leadership and strategy, and an additional fifteen years as a top executive. He was named by Thinkers50 as one of the world's top coaches. Noble has served as a senior adviser to Egon Zehnder and Oliver Wyman. Get David's book here: Real-Time Leadership: Find Your Winning Moves When the Stakes Are High. David Noble and Carol Kauffman. Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
12/19/2022 • 47 minutes, 45 seconds
533: Starting a business from scratch (with Jeff Lerner)
Welcome to an episode with a renowned digital entrepreneur and founder of ENTRE institute, Jeff Lerner. Get Jeff's book here. In this episode, Jeff discussed how he was able to build a multi-million dollar company from scratch and the key elements behind his success. At the age of 18, Jeff started his first business after dropping out of high school and becoming a musician. After the first one failed, Jeff continued starting more businesses and failed at them too. Despite years of trying and numerous unsuccessful businesses, one of which had left him $500,000 in dept, he chose to keep going and eventually built multiple successful businesses. Instead of retiring early, Jeff chose to spend his time inspiring and helping others build their businesses. After becoming an authority in startups, he established ENTRE institute, an online education company dedicated to helping entrepreneurs how they could start their own businesses. To date, ENTRE Institute has taught over 150,000 across the world. Get Jeff's book here: Unlock Your Potential: The Ultimate Guide for Creating Your Dream Life in the Modern World Enjoying our podcast? Get access to sample advanced training episode here: www.firmsconsulting.com/promo
12/14/2022 • 1 hour, 9 minutes, 51 seconds
532: What makes you a great leader? (with Dr. Richard Winters)
Welcome to an episode with a practicing emergency physician at Mayo Clinic, Dr. Richard Winters. Get Dr. Richard’s book here. As a physician, Dr. Richard shares how he managed, adapted, and remained calm during times of covid. He discussed some of the best practices that can be adapted from the medical field into the space of business. We speak about leadership, administration, and leveraging your expertise to be effective in your career. In this episode, we also discussed one of the traps that most leaders face today where they strive to become successful in their career, and groom and develop new leaders while taking into account the fear of being replaced. As director of Leadership Development for the Mayo Clinic Care Network, Dr. Winters facilitates retreats and delivers programs that train leaders at healthcare organizations worldwide. Dr. Winters graduated from the Mayo Clinic Alix School of Medicine in 1994. He is board certified and residency trained in Emergency Medicine from the University of California, San Francisco at Fresno. He graduated from the University of Texas at Dallas Executive and Professional Coaching Program and is a professional certified coach through the International Coaching Federation. He completed a Healthcare Management Executive MBA from the University of Texas at Dallas and UT Southwestern Medical Center. He obtained a Bachelor of Science in Biological Sciences from the University of Illinois at Chicago. Prior to his work at Mayo Clinic, Dr. Winters served as managing partner of a democratic physician group, chair of emergency medicine, president of an 800-physician medical staff, and CEO/founder of a managed care startup. He lives in Rochester, Minnesota with his family. Get Dr. Richard’s book here: You're the Leader. Now What? : Leadership Lessons from Mayo Clinic. Dr. Richard Winters Enjoying our podcast? Get access to sample advanced training episode here: www.firmsconsulting.com/promo
12/12/2022 • 49 minutes, 24 seconds
531: Living life to the fullest: How to spend your time with no regrets (with Cassie Holmes)
Welcome to an episode with Cassie Holmes, a professor at UCLA’s Anderson School of Management and an award-winning teacher and researcher of time and happiness. In society today, we generally equate productivity with the number of activities we do, regardless of the value it brings us and how it contributes to our well-being and happiness. We often feel “time-poor” for having too much to do and not having enough time to do it. As a result, we feel less happy and less fulfilled. On the contrary, people with too much free time feel unproductive and lack a sense of purpose. So how should we think about time and happiness? In this episode, Cassie discusses how we can recreate our approach to time and transform every moment into a happier hour. She shares how we can spend time optimally, create moments of gratitude and fulfillment, and live life with no regrets. Cassie earned her PhD at Stanford’s Graduate School of Business and her BA at Columbia as a psychology major. Cassie’s research has been widely published in lead academic journals and featured in such outlets as NPR, The Economist, The New York Times, The Wall Street Journal, The Atlantic, and The Washington Post. Happier Hour is her first book. Get Cassie’s book here: Happier Hour: How to Beat Distraction, Expand Your Time, and Focus on What Matters Most. Cassie Holmes Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
12/7/2022 • 1 hour, 5 minutes, 39 seconds
530: Integrating emerging leaders with purpose and authenticity (with Bill George)
Welcome to an episode with Bill George, former chairman and CEO of Medtronic and currently a professor at Harvard Business School. He has written two of the most enduring leadership classics of all time: Authentic Leadership and True North. Now, Bill has written a new book aimed at the next generation of leaders, the Emerging Leaders Edition of True North, coauthored with millennial entrepreneur Zach Clayton. Get Bill’s new book here. This book is a clarion call to emerging leaders to step up to lead their organizations with their hearts, not just their heads, as authentic leaders who lead with purpose by inspiring and coaching their teammates. It heralds the end of the baby boomer era of Jack Welch, when too many leaders focused on maximizing shareholder value and taking shortcuts rather than building sustainable enterprises to serve all of their stakeholders. Our best hope for a better world is to empower the next generation of emerging leaders – not just those on top – to follow their True North to make this world better for everyone. The stories in this book, which came from 220 interviews with exceptional leaders, illustrate that most authentic leaders first discovered their True North through their life stories and crucibles, developed self-awareness, and then found their North Star – the purpose of their leadership. Wisdom learned from leaders like Satya Nadella, Mary Barra, Ken Frazier, Indra Nooyi, Ursula Burns, and Hubert Joly will guide emerging leaders at all levels in their development. Bill joined Medtronic in 1989 as president and chief operating officer, was chief executive officer from 1991-2001, and board chair from 1996-2002. He is currently a senior fellow at Harvard Business School, where he has taught leadership since 2004. He is the author of Discover Your True North and The Discover Your True North Field Book, Authentic Leadership, Seven Lessons for Leading in Crisis, Finding Your True North, and True North Groups. He has served on the boards of Goldman Sachs, ExxonMobil, Novartis, Target, and Mayo Clinic. He received his BSIE with high honors from Georgia Tech, his MBA with high distinction from Harvard University, where he was a Baker Scholar, and honorary PhDs from Georgia Tech, Mayo Medical School, University of St. Thomas, Augsburg College, and Bryant University. True North: Leading Authentically in Today's Workplace, Emerging Leader Edition. Bill George & Zach Clayton. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
For this episode, let's revisit a Case Interview & Management Consulting classic where we discuss religion, politics, culture, etc. When interviewing with a partner or associate from a different culture, it is very easy to say something which can offend a person. Our very own clients have said seemly innocent things only to have it blow up in their face much later, and sometimes in the interview. We have a strict rule of never discussing religion, politics, culture and ethnicity with clients. This avoids topics which can offend people if the wrong things are said. The issue is not about who right, since this is an issue of personal faith and rationality does not always work. It is best to avoid these topics. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
For this episode, let's revisit a Case Interview & Management Consulting classic where we look at each of the typical McKinsey/BCG FIT/PEI questions and provide a typical answer. Note, that while replicating this approach and standard will help you, we caution you that the main test of fit is in handling the cross-examination of your answer. Most candidates tend to be unprepared for that and we urge you to be very aware this will happen and to practice this interrogation style. You can never memorize your way out of these interrogations questions, since you cannot predict the actual question and, therefore, prepare for them. At least 20% of clients ignore this advice at their peril. The reality is that McKinsey will rarely ask this question directly. They will ask a simple question, not referring to leadership, but expect you to always draw out leadership, analytic, teamwork and "can-do" attributes. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
11/28/2022 • 9 minutes, 59 seconds
527: Sample answer for "Talk about a leadership example" (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we look at each of the typical McKinsey/BCG FIT/PEI questions and provide a typical answer. Note, that while replicating this approach and standard will help you, we caution you that the main test of fit is in handling the cross-examination of your answer. Most candidates tend to be unprepared for that and we urge you to be very aware this will happen and to practice this interrogation style. You can never memorize your way out of these interrogations questions, since you cannot predict the actual question and, therefore, prepare for them. At least 20% of clients ignore this advice at their peril. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
11/23/2022 • 21 minutes, 46 seconds
526: Sample answer for "Please elaborate on a weakness" (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we look at each of the typical McKinsey/BCG FIT/PEI questions and provide a typical answer. Note, that while replicating this approach and standard will help you, we caution you that the main test of fit is in handling the cross-examination of your answer. Most candidates tend to be unprepared for that and we urge you to be very aware this will happen and to practice this interrogation style. You can never memorize your way out of these interrogations questions, since you cannot predict the actual question and, therefore, prepare for them. At least 20% of clients ignore this advice at their peril. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
11/21/2022 • 12 minutes, 39 seconds
525: Sample answer for "Talk me through your resume" (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we look at each of the typical McKinsey/BCG FIT/PEI questions and provide a typical answer. Note, that while replicating this approach and standard will help you, we caution you that the main test of fit is in handling the cross-examination of your answer. Most candidates tend to be unprepared for that and we urge you to be very aware this will happen and to practice this interrogation style. You can never memorize your way out of these interrogations questions, since you cannot predict the actual question and, therefore, prepare for them. At least 20% of clients ignore this advice at their peril. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
11/16/2022 • 14 minutes, 35 seconds
524: Sample answer for "Why are you interested in this office?" (Case Interview & Management Consulting classics)
For this episode, let's revisit a Case Interview & Management Consulting classic where we look at each of the typical McKinsey/BCG FIT/PEI questions and provide a typical answer. Note, that while replicating this approach and standard will help you, we caution you that the main test of fit is in handling the cross-examination of your answer. Most candidates tend to be unprepared for that and we urge you to be very aware this will happen and to practice this interrogation style. You can never memorize your way out of these interrogations questions, since you cannot predict the actual question and, therefore, prepare for them. At least 20% of clients ignore this advice at their peril. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
11/14/2022 • 11 minutes, 41 seconds
523: The principles of change management (with Gaurav Gupta)
Welcome to an episode with Gaurav Gupta, the Director at change management and strategy execution firm Kotter. Get Gaurav’s book here: https://amzn.to/3ApxT5J The level of complexity and the pace at which things are changing in modern society requires leaders and organizations to be more reactive to change. Companies can no longer depend on a linear, methodical, deliberate approach to change. Instead, the key is to rely on a more agile, organic approach where employees are engaged and motivated to participate. As Gaurav mentioned in this episode, “The more organizations, individuals, teams, and leaders can start to frame change as an opportunity, the more people are going to run towards it because there are changes we embrace.” In this episode, we discussed the level of change that organizations face today and how they can effectively manage, adapt, and embrace the shifts required in the business. We discussed the kind of leader who thrives in situations where the organization goes through a fast-paced change. Gaurav Gupta worked with clients in industries as diverse as food and beverage, oil and energy, healthcare, chemicals, and finance. Gaurav draws on his extensive global (having worked in over 10 countries) and diverse functional experience in collaborating with business leaders to develop and implement effective transformation efforts. Prior to joining Kotter, Gaurav led the operations for the European office of Stroud International, a management and operations consulting firm. Gaurav combines his passion for international development and education by serving as an executive board member for a non-profit, Medic to Medic, that sponsors medical students in Uganda and Malawi. Gaurav holds a Bachelor of Arts in Physics from Middlebury College and a Master of Science in Aerospace Engineering from Cornell University. Get Gaurav’s book here: Change: How Organizations Achieve Hard-to-Imagine Results in Uncertain and Volatile Times. John P. Kotter, Vanessa Akhtar, Gaurav Gupta. https://amzn.to/3ApxT5J Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
11/9/2022 • 50 minutes, 15 seconds
522: The act of wellness (with Ashley Menzies Babatunde)
Welcome to an episode with an attorney and the host of the No Straight Path Podcast, Ashley Menzies Babatunde. The pressure of keeping up with today’s competitive world is undeniably haunting. Most people spend a considerable amount of time at work and struggle to maintain their wellness and wellbeing. Many people are unhappy because they try to achieve too many things in life and lose track of the simple things that truly matter. In this episode, we speak about the gravity of maintaining wellness, prioritizing the time for taking care of yourself, finding your purpose, and living a life with a sense of completeness. We discussed how we can create a healthier and happier society while being successful in our careers and life. Ashley Menzies Babatunde was born and raised in Los Angeles, California. Ashley is a litigation associate in O’Melveny’s Los Angeles office. Her practice focuses on Health Care and White Collar Defense & Corporate Investigations. Ashley is a storyteller, optimist, professional heart-warmer, and hopeful romantic. She is passionate about the intersection of humanity and career. She has realized that her achievements or her failures do not define her. Instead, she is defined by the human qualities that have allowed her to achieve success and overcome challenges. Check out Ashley’s podcast: No Straight Path aims to humanize success from the millennial perspective. The world often sees the shiny resumes, highlights shared on social media, and job titles associated with a person's LinkedIn profile. We rarely see the story behind it. And when we do, it's often in a memoir towards the end of someone's journey. The podcast aims to delve into the story behind the success with a closer to real-time approach. Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
11/7/2022 • 46 minutes, 54 seconds
521: Redefining risk: How to build a career through bold actions (with Christie Hunter Arscott)
Welcome to an episode with an award-winning advisor, speaker, and author, Christie Hunter Arscott. Get Christie’s book here: https://amzn.to/3Qia05S Most of the time, the word risk is associated with fear and uncertainty. We tend to struggle with harnessing the power of risk-taking. But the first bold step sheds light on that. As Christie mentioned in this episode, “An intentional and strategic risk, even when the output is not what you desired, still can propel you further than if you made the consistent choice to play it safe.” In this episode, we discussed the power of intentional risk-taking in building one’s career. We spoke about how to encourage women to take chances on themselves to face intentional, intelligent, and strategic risks. Christie Hunter Arscott is a leading expert on how we can harness the power of intentional risk-taking to create more dynamic and vibrant careers and organizations. A Rhodes Scholar, Christie has been named by Thinkers50 as one of the top management thinkers likely to shape the future of business. Christie was also selected for the biannual Thinkers50 Talent Award shortlist of the top global thought leaders in the field of talent management. Christie’s research and writing have been featured across international publications, including Harvard Business Review, Forbes, Fortune, European Business Review, TIME, Fast Company, Business Insider, and more. Her article "Why So Many Thirtysomething Women Are Leaving Your Company" was selected for the Harvard Business Review collection of the top articles on diversity. Christie has spoken worldwide to organizations and institutions, including the World Economic Forum, Harvard Business School, the University of Oxford, and the Global Women’s Forum for the Economy and Society. Her corporate clients include Bacardi, Deloitte, PWC, HSBC, and more. Christie holds a Bachelor’s degree in Political Science from Brown University, a certificate of Distinction in General Management from Stanford University’s Graduate School of Business and two Master’s degrees with a focus on gender research from the University of Oxford. She currently serves on the Women’s Leadership Board of the Women and Public Policy Program at Harvard Kennedy School. Get Christie’s book here: Begin Boldly: How Women Can Reimagine Risk, Embrace Uncertainty, and Launch a Brilliant Career. Christie Hunter Arscott. https://amzn.to/3Qia05S Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
For this episode, let's revisit a Case Interview & Management Consulting classic where we look at the profile of an older MBA candidate who has extensive oil and gas expertise. We offer some counter-intuitive advice to this candidate for their career and planning. While we use an oil and gas profile, this advice is relevant to any experienced hire and we caution candidates to think very carefully about the quality of their backgrounds when applying this advice to their own needs. The quality is what matters - not the time spent in a sector. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
10/31/2022 • 11 minutes, 10 seconds
519: Why you should plan an exit path (with Touraj Parang)
Welcome to an episode with a veteran Silicon Valley dealmaker, Touraj Parang. Get Touraj’s book here: https://amzn.to/3bmsDGj In this episode, Touraj takes us through his unique, decades-long experiences as an entrepreneur and investor. He shares the lessons he learned when he sold his first startup – with no exit plan – for pennies on the dollar. It was then followed by great success with his next startup as he applied his learnings and prioritized executing an exit strategy. Touraj discussed the key things to consider and the red flags to avoid when selecting investors and co-founders. Touraj Parang is a seasoned entrepreneur, investor, advisor, and M&A expert who has sat in every seat around the table, structuring and negotiating strategic transactions since the late 1990s, including as a corporate attorney at legal powerhouses WSGR and O’Melveny & Myers. Touraj has been a founder, executive, and trusted advisor to several fast-growing technology startups with exits to LinkedIn, Instacart, Vistaprint, Postmates, and Amplify, among others. He has also spent nearly a decade on the acquirer side of M&A deals as a corporate development executive at Webs and GoDaddy. Exit Path draws on Touraj’s unique, decades-long experience involving hundreds of M&A transactions, strategic partnerships, and venture capital investments totaling billions of dollars in aggregate value. He is currently the President and Chief Operating Officer at Serve Robotics, a startup shaping the future of sustainable, self-driving delivery that he helped spin out of Uber, and an Operating Advisor at Pear VC, an early-stage venture capital firm, where he enjoys collaborating with and providing strategic guidance to mission-driven entrepreneurs. He earned his JD from Yale Law School and his BA in Philosophy and Economics from Stanford University. Get Touraj’s book here: Exit Path: How to Win the Startup End Game. Touraj Parang. https://amzn.to/3bmsDGj Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
10/26/2022 • 1 hour, 8 minutes, 21 seconds
518: Discover your unfair advantage (with Ash Ali & Hasan Kubba)
Welcome to an episode with startup entrepreneurs Ash Ali and Hasan Kubba. Get Ash and Hasan’s book here: https://amzn.to/3Q8ctPD In this episode, we speak about the concept of unfair advantage and the process of identifying and managing it so it’s your edge over any competition. Many people have the limiting belief that they don’t have something authentic to offer, but what they don’t realize is that we all have unique skill sets and talents. It only takes self-awareness to realize that the ingredients to success are already within you. Ash Ali is an award-winning serial tech entrepreneur and angel investor. Ash sold his first internet business at just 19 years old (and most recently, his Dubai-based on-demand mobile app startup in 2018). As the first marketing director of Just Eat UK, which IPO’d for £1.5 billion, he was included in the Top 250 Growth Hackers, as well as the Top 100 Asian Tech Stars in the UK. With over 20 years of hands-on experience creating and growing startups, he has consulted, advised, and invested in hundreds of startups at various funding stages. Ash is a highly sought-after international speaker and expert on digital disruption and tech transformation, and has spoken at numerous global organizations and conferences, including Salesforce, Ernst & Young, and TEDx. He is currently co-founder of Uhubs, a new skills training platform that helps entrepreneurs and professionals upskill. Hasan Kubba is an author, entrepreneur, and startup strategist. Hasan is a specialist in technology startups, marketing, and fundraising. With his own London-based digital marketing business and startup investment experience, Hasan is particularly strong at breaking down complex business concepts into simple and effective strategies and tactics. His recent TEDx talk titled Startups, Entrepreneurship, and Unfair Advantages was voted the highest ever on the official TED subreddit. He is passionate about the future of entrepreneurship and digital disruption globally and is an in-demand startup mentor to early-stage entrepreneurs, workshop trainer, and international speaker. Get Ash & Hasan’s book here: The Unfair Advantage: How You Already Have What It Takes to Succeed. Ash Ali and Hasan Kubba: https://amzn.to/3Q8ctPD Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
10/24/2022 • 49 minutes, 15 seconds
517: The coexistence of art, technology, and science (with Julio Mario Ottino)
Welcome to an episode with an artist, researcher, author, and educator at Northwestern University, Julio Mario Ottino. Get Julio’s book here: https://amzn.to/3spt2Nn Individuals and organizations face complex problems and challenges today that demand a new way of thinking to grasp underlying solutions and opportunities. In this episode, Julio shares the beauty of the coexistence of art, science, and technology – rather than being separate disciplines – to navigate the complex world. Julio was born in Argentina and grew up with twin interests in physical sciences and visual arts, finding beauty in math and art, and seeing creativity as being one thing, rather than something that lives in compartments. Art provided a cathartic means of expression while he grew up in turbulent times. He managed to create a solo art exhibit while drafted as an officer in the Argentinian Navy. When he moved to the United States to pursue a doctorate, his research achievements followed. Most of the early attention Ottino received stemmed from pioneering work in chaos theory and a combination of scientific insight and visualization. His research work has been featured on the covers of Nature, Science, Scientific American, the Proceedings of the National Academy of Sciences of the USA, and other publications. He has supervised more than 65 Ph.D. theses, written over 250 papers and two books, and has given invited presentations at over 200 universities in the United States and around the world, as well as at organizations such as Accenture, Boeing, Google, 3M, and Unilever. An academic entrepreneur, Ottino was the founding co-director of the Northwestern Institute on Complex Systems and educational and research initiatives in design, entrepreneurship, and energy and sustainability. As dean of the McCormick School of Engineering and Applied Science, he founded educational and research partnerships with Northwestern University’s Kellogg School of Management, Pritzker School of Law, Medill School of Journalism, Feinberg School of Medicine, School of Communication, and School of Education and Social Policy, as well as with external partners ranging from the Art Institute of Chicago to Argonne National Lab. In 2008, he was selected by the American Institute of Chemical Engineers as one of the “One Hundred Engineers of the Modern Era.” In 2017, Ottino was awarded the Bernard M. Gordon Prize for Innovation in Engineering and Technology Education from the National Academy of Engineering for the concept of whole-brain engineering. He is a Fellow of the American Physical Society and of the American Association for the Advancement of Science. He has been a Guggenheim Fellow and is a member of both the National Academy of Engineering and the National Academy of Sciences as well as the American Academy of Arts and Sciences. Get Julio’s book here: The Nexus: Augmented Thinking for a Complex World–The New Convergence of Art, Technology, and Science. Julio Mario Ottino. https://amzn.to/3spt2Nn Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
10/19/2022 • 1 hour, 2 minutes, 24 seconds
516: Netflix with ads: Is it a good strategy? (with Amanda Lotz)
Welcome to an episode with a professor at Queensland University of Technology, Amanda Lotz. In this episode, Amanda shares her insights as a media expert about Netflix’s recent announcement that they are introducing an ad-supported version of their streaming service. She spoke about the challenges that Netflix may face as it goes down the advertising route. Amanda discussed the pros and cons of a subscription-based model versus an advertisement-based model and what it will be for Netflix as it launches its new strategy. Amanda Lotz is a media scholar, professor, and industry consultant. Her expertise includes media industries, digital distribution, the future of television, the business of media, and net neutrality. Amanda leads the Transforming Media Industries research project in the Digital Media Research Centre at Queensland University of Technology. She is the author, coauthor, or editor of eleven books that explore television and media industries, including Netflix and Streaming Video: The Business of Subscriber-Funded Video on Demand, Media Disrupted: Surviving Cannibals, Pirates and Streaming Wars, We Now Disrupt This Broadcast: How Cable Transformed Television and the Internet Revolutionized It All, The Television Will Be Revolutionized, and Portals: A Treatise on Internet-Distributed Television. Her most recent books explore the connections between internet-distributed services such as Netflix and the legacy television industry, as well as the business strategies and revenue models that differ. Her award-winning book, The Television Will Be Revolutionized, now in its second edition, has been translated into Mandarin, Korean, Italian, and Polish. She is frequently interviewed by NPR’s Marketplace, has appeared on BBC, CNN's The Nineties, HuffPost Live, and ZDF (German television network), and has been interviewed for articles in the Los Angeles Times, The Guardian, The Atlantic, Christian Science Monitor, the Associated Press, Wired, and Men’s Health among many others. She publishes articles about the business of television at Quartz, Salon, The New Republic, hosts the Media Business Matters podcast, and tweets about television and media @DrTVLotz. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
10/17/2022 • 49 minutes, 41 seconds
515: The power of citizen science (with Saleem Ali)
Welcome to an episode with the Blue and Gold Distinguished Professor of Energy and the Environment at the University of Delaware, Saleem Ali. Get Ali’s book here: https://amzn.to/3eoUtTT In this conversation, we discussed numerous examples of major problems around the world, from the resources industry, environmental conflicts, culture, and the system of order and control of many organizations, and how these issues come down to the need for literacy and proper education. Environmental awareness is present today, however, we are lacking science or environmental literacy. Education is not an elite enterprise and someone even without formal education can be a citizen scientist who is seeing and observing the world and continuously gaining much more depth of knowledge and understanding to contribute to solving the problems of the world. Prof. Ali previously served as chair in Sustainable Resource Development and professor of sustainability science and policy at University of Queensland in Australia. He also was a professor of environmental studies at the University of Vermont's Rubenstein School of Natural Resources and founding director of the Institute for Environmental Diplomacy and Security. He was also formerly on the adjunct faculty of Brown University’s Watson Institute for International Studies and the visiting faculty for the United Nations mandated University for Peace (Costa Rica). Prof. Ali's primary research interests have been in the causes and consequences of environmental conflicts in the mineral sector, and the process of using ecological factors to promote peace. Some of Prof. Ali’s former research appointments include a visiting fellowship at the Brookings Institution's research center in Doha, Qatar; a Public Policy Fellowship at Griffith University in Brisbane, Australia; a Baker Foundation Research Fellowship at Harvard Business School; and a parliamentary internship at the U.K. House of Commons. He has teaching experience in courses on environmental planning, conflict resolution, industrial ecology, research methods, and technical writing. Before embarking on an academic career, Prof. Ali worked as an environmental health and safety professional at General Electric, an Associate at the Boston-based consulting firm Industrial Economics Inc., as well as a consultant for the U.S. Environmental Protection Agency, U.S. Fish and Wildlife Service and Health Canada. Prof. Ali is a citizen of the United States of America by birth; Pakistan by parental lineage; and Australian by naturalization. He received his doctorate in Environmental Planning from the Massachusetts Institute of Technology (MIT), an M.E.S. in environmental law and policy from Yale University, and his Bachelors in Chemistry from Tufts University. Get Ali’s Book here: Earthly Order: How Natural Laws Define Human Life. Saleem Ali. https://amzn.to/3eoUtTT Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
10/12/2022 • 50 minutes, 25 seconds
514: How to build long-term resilience (with Adam Markel)
Welcome to an episode with bestselling author, keynote speaker, workplace expert, and resilience researcher, Adam Markel. Get Adam's Book here: https://amzn.to/3MhODjI In this episode, Adam speaks about how he reinvented his career path through valuable lessons and eye-opening life events. He shares his experience as a Jones Beach lifeguard in New York. As a first responder in a life-and-death environment, he learned the importance of cultivating a high-performance capacity and impeccable teamwork. He learned to never let anyone go under the water, not to quit, and to keep going no matter what the conditions were. Years later, after experiencing a panic attack due to stress and exhaustion, he was reminded of another important lesson that he learned at the beach: the importance of taking intermittent breaks. Rest, recover, and recuperate, or you cannot perform well. Lots of people think of resilience as getting up after taking a blow, moving forward after getting knocked down, and bouncing back from setbacks. Resilience is more than that. As Adam mentioned in this episode, “Resilience is not about how we bounce back. It's actually about how we bounce forward. It's not about how we endure life's challenges, adversities, and uncertainties. But actually how it is that we leverage that uncertainty for our growth.” Adam is the author of the #1 Wall Street Journal, USA Today, Los Angeles Times, and Publisher’s Weekly bestseller, Pivot: The Art & Science of Reinventing Your Career and Life. A leading international keynote speaker, he has reached tens of thousands worldwide with his message of resilience as the competitive edge in today’s complex markets. An attorney, entrepreneur, and transformational trainer, Adam is a sought-after business culture catalyst who inspires, empowers, and guides organizations and individuals to create sustainable, high-performance strategies. Adam is also the CEO of More Love Media and host of The Change Proof podcast, where he shares his insights on pivoting and resilience in today's fast-paced market and interviews experts, innovators, and influencers in the areas of business and life. Adam credits much of his success to the principles he learned during his eight years as a Jones Beach lifeguard in New York. He’s found that the principles of this type of culture and leadership equally apply to any business that wants to build a competitive advantage to win. After building a multi-million-dollar law firm, Adam pivoted his own career path to become CEO of one of the largest business and personal growth training companies in the world. Here he learned that motivation and inspiration alone are not enough to effectively utilize change. It's about providing leaders, teams, and audiences with effective takeaways to sustain them over time. Get Adam’s Book here: Change Proof: Leveraging the Power of Uncertainty to Build Long-Term Resilience. Adam Markel. https://amzn.to/3MhODjI Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
10/10/2022 • 1 hour, 8 minutes, 9 seconds
513: Business ethics as a competitive advantage (with J.S. Nelson)
Welcome to Strategy Skills episode 256, an episode with an expert in business law and business ethics, J.S. Nelson. Get J.S’s book here: https://amzn.to/3C8am91 Managing business ethics has always been a challenge for many organizations. As unethical business conduct rises, the struggle of implementing ethics and compliance programs in organizations also increases. Business ethics can make or break your business or career. But it can be used as a competitive advantage if managed correctly and can build the most valuable asset: your reputation. The key is to articulate your organization's values – defining who you are, what you stand for, and extending it toward every inch of your organization. It’s very important for management to cultivate a culture of openness, where people feel safe to speak up and where ethical misconduct is not tolerated. As J.S. mentioned in this episode, “the way to get the behavior that you want is to intervene early and often.” In this episode, J.S speaks about the value of business ethics, the major schools of philosophical ethical thought, and how understanding it can help people become better at being ethical. She discusses the ways an organization can cultivate ethical behavior and how to get away from situations involving ethical traps in the modern business world. Nelson is an expert in business law and business ethics. She is a visiting professor at Harvard Business School. Nelson was the first tenure-track appointment in a U.S. law school, specifically to teach business ethics and to develop law-school curricula around the subject. Nelson has spent nearly fifteen years teaching at top universities across the country, including Villanova Law School, the Stanford Graduate School of Business, Haas Business School of the University of California at Berkeley, Drucker School at Claremont Graduate University, and the Mihaylo School at Cal State Fullerton. Prior to her work in academia, Professor Nelson served as staff counsel for the U.S. Court of Appeals for the Tenth Circuit, and she clerked for the Honorable David M. Ebel of the U.S. Court of Appeals for the Tenth Circuit and the Honorable William H. Yohn Jr. of the U.S. District Court for the Eastern District of Pennsylvania. She also worked as a deputy district attorney and as a business litigator in Denver, Colorado. Nelson graduated from Harvard Law School, where she was the Supreme Court Co-Chair of the Harvard Law Review. She earned a Bachelor of Arts in Political Science with honors and distinction in the major from Yale. Get J.S’s book here: Business Ethics: What Everyone Needs to Know, J.S. Nelson & Lynn A. Stout: https://amzn.to/3C8am91 Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
10/5/2022 • 1 hour, 19 minutes, 26 seconds
512: The employee first generation (with Edward Sullivan)
Welcome to an episode with the CEO and managing partner at Velocity Group, Edward Sullivan. Get Edward’s book here: https://amzn.to/3HT2Hy4 In this episode, Edward discussed the best practices that leaders and companies do to address mental health issues and the real cause of the great resignation. He spoke about the gravity of work-life balance, care, and understanding as part of an employee retention strategy. For decades, we have avoided discussing the topic of mental health around the workplace. It was considered a weakness and could greatly derail one’s career. We operated under the assumption of manifesting the “executive presence,” which covertly added up to pressure and stress on the employees. As companies have responded to the challenges brought by Covid in recent years, they are learning to consider mental health as a common issue in the workplace and taking employees’ well-being in a serious manner. The great resignation caused a stir in how companies view and treat their employees. As Edward mentioned in this episode, “employees are not leaving in the great resignation because of company benefits, they are fleeing from toxic work cultures.” Edward Sullivan holds an MBA from the Wharton School and an MPA from the Harvard Kennedy School. His 25-year career as an executive coach and political consultant has taken him around the globe coaching and advising start-up founders, Fortune 500 executives, and heads of state of foreign nations. His work has been featured in the New York Times, The Washington Post, Forbes, Fast Company, USA Today, and Nasdaq, among others. Get Edward’s book here: Leading with Heart: 5 Conversations That Unlock Creativity, Purpose, and Results, Edward Sullivan and John Baird: https://amzn.to/3HT2Hy4 Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
10/3/2022 • 40 minutes, 4 seconds
511: Relational intelligence: The key to transform relationships (with Dr. Adam C. Bandelli)
Welcome to an episode with the Founder and visionary Managing Director of Bandelli & Associates, Dr. Adam C. Bandelli. Get Adam’s book here: https://amzn.to/3nhGgsC “It is very important for leaders to not only surround themselves with great talent but build really strong partnerships with their people.” - Adam Bandelli In this episode, Adam speaks about how reliance on technology has kept people technologically connected but has prevented them from building genuine and sustainable relationships. Covid has exacerbated this problem, especially when organizations started hybrid work models. In order to improve the level of connectivity and build strong long-lasting personal and professional relationships, Adam laid out the five key skills that make up relational intelligence: Establishing Rapport, Understanding Others, Embracing Individual Differences, Developing Trust, and Cultivating Influence. Dr. Adam C. Bandelli has 20 years of management and leadership advisory consulting experience in the firm’s service offerings, including board consultation, senior executive selection, leadership development, CEO succession, organizational culture, and transformational change. Adam is an expert on communication, relational intelligence, and leadership effectiveness having worked with CEOs and senior executives to strengthen their abilities to inspire and influence their people, teams, and organizations. The mission of his firm is to help leaders identify, unlock, and unleash their true potential. Adam has worked with executives around the world in organizations ranging from small start-up firms through global Fortune 100 companies. Prior to founding Bandelli & Associates, Adam was a Partner at Korn Ferry, where he led the Private Equity assessment practice for North America. Earlier in his career, he was a Partner at RHR International, where he served as one of the firm’s leaders on Board and CEO Succession, High Potential Development, Senior Team Effectiveness, and Executive Assessments. Adam is the author of the books Relational Intelligence: The Five Essential Skills You Need to Build Life-Changing Relationships, and What Every Leader Needs: The Ten Universal and Indisputable Competencies of Leadership Effectiveness, which have received strong reviews from prominent business leaders. Adam received his Ph.D. and master’s degrees from the University of South Florida in Industrial-Organizational Psychology, and a bachelor’s degree concentrating in Psychology and Business Management from Fairleigh Dickinson University. Acknowledged as an expert on leadership, relational intelligence, and organizational culture, he is a frequent speaker at business and professional meetings including the Society of Consulting Psychology and the Society of Industrial-Organizational Psychology. Relational Intelligence: The Five Essential Skills You Need to Build Life-Changing Relationships. Dr. Adam C. Bandelli: https://amzn.to/3nhGgsC Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
9/28/2022 • 39 minutes, 3 seconds
510: How to solve the crux (with Richard Rumelt)
Welcome to an episode with Emeritus Professor at UCLA Anderson, Richard Rumelt. Get Richard’s book here: https://amzn.to/3OrNfuK In this episode, Richard iterated the real meaning of strategy, which many companies today confuse with a list of their goals and ambitions. Strategy is problem-solving – a clever way of dealing with a challenge, opponent, or problem. It also involves selecting which battle you fight because you cannot fight them all. As a great strategist, you need to select battles that you can win. Richard also explained the crux or the biggest challenge that companies need to identify, emphasize, and concentrate their resources on until it is fixed or solved. As Richard mentioned in this episode, “the primary thing about strategy is that it is about a concentration of resources. It is about focus.” Richard Rumelt received his doctorate from the Harvard Business School in 1972, having previously earned a Master of Science in electrical engineering from UC Berkeley. He worked as a systems engineer at the Jet Propulsion Laboratories and served on the faculty of the Harvard Business School. He joined the UCLA faculty in 1976. He also served as a faculty at INSEAD, France for three years. At INSEAD, Rumelt headed the Corporate Renewal Initiative, a research-intervention center devoted to the study and practice of corporate transformation. Rumelt was president of the Strategic Management Society from 1995 to 1998. He received the Irwin Prize for his book Strategy, Structure, and Economic Performance. In 1997, he was appointed Telecom Italia Strategy Fellow, a position he held until April 2000. He has won teaching awards at UCLA and received a best paper prize in 1997 from the Strategic Management Journal. Get Richard’s book here: The Crux: How Leaders Become Strategists, Richard Rumelt: https://amzn.to/3OrNfuK Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
9/26/2022 • 59 minutes, 14 seconds
509: Care: The missing piece of leadership (with Jan Bonhoeffer M.D.)
Welcome to an episode with a thought leader and global expert on infectious diseases and vaccine safety, Jan Bonhoeffer M.D. Get Jan’s book here: https://amzn.to/3y2x4hZ In this episode, Jan spoke about his medical career journey, working with different interesting organizations, and how he realized there was a missing piece: care. He spoke about how we often become so focused on solving a problem that we forget to give attention to what we care about – what gives us joy and fulfillment. In any business or profession, the key is to serve a much bigger purpose, taking your identity into account. As Michael mentioned in this conversation, “True leadership is about understanding who you are.” Leading with empathy requires understanding who you are to resonate and connect with the people you interact with. Bonhoeffer serves as professor of pediatrics, infectious diseases, and vaccines at the University of Basel Children’s Hospital, Switzerland. As a former consultant with the World Health Organization and the Centers for Disease Control, he co-authored more than 120 peer-reviewed articles in medical journals and led epidemiological pediatric infectious disease and vaccine studies, including international research consortia. For 18 years, he led the Brighton Collaboration, a global leader in not-for-profit vaccine safety research setting research standards, conducting large internationally collaborative research, and investigating vaccine safety concerns. He was a Strategic Advisory Group Member of the WHO Global Vaccine Safety Initiative (GVSI) implementing the vaccine safety strategy of the Global Vaccine Action Plan. Bonhoeffer graduated from the University of Basel Medical School, Switzerland, and worked in the U.S., the UK, India, and Switzerland. In 2015, he underwent a significant shift in the way that he thought about medicine. He realized that most of the significant moments in his work as a doctor happened when he wasn’t simply executing what he learned in medical school, but when he was participating in a healing event with the patient. He realized that central to this is the quality of the interaction between the health care provider and the patient. It is in this space that innovation, healing, and creativity happens, but he realized that almost everything he had learned in medical school had taught him to skip over what happens in this space. This realization prompted Bonhoeffer to start Heart-Based Medicine, a global network of health care professionals and patients exploring the natural healing potential of the health care provider and the patient, and to co-create his new book Dare to Care. His mission is to inspire medical professionals to reclaim empathy and compassion as primary facets of healing to overcome the disillusion and burnout they often encounter in today’s mechanized medical culture. Bonhoeffer is married to Jessica Templeton-Bonhoeffer, a developmental pediatrician and co-founder of Youkidoc Kindergesundheit, a heart-based medical center for children and their families in Basel, Switzerland. They have three children. Dare to Care: How to Survive and Thrive in Today's Medical World. Jan Bonhoeffer M.D.: https://amzn.to/3y2x4hZ Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
9/21/2022 • 58 minutes, 25 seconds
508: The radical way to negotiate (with Barry Nalebuff)
Welcome to an episode with a leading Yale expert and serial entrepreneur, Barry Nalebuff. Get Barry’s book here: https://amzn.to/3OiNiJs For thirty years, Barry has taught negotiation, innovation, strategy, and game theory at Yale School of Management, which led him to develop a new approach toward negotiation. This approach is vastly different from how most people think about negotiation, which usually involves having the best tactic to out-smart the other party and get the best deal. This podcast explains the concept of the negotiation pie, which is the additional value created through an agreement to work together. It exhibits fairness and identifies what’s really at stake in any negotiation. We share examples that showcase negotiation principles and a different mindset about creating value that benefits both parties involved – more importantly, understanding the views of each party as if they are solving problems rather than making the most out of the negotiation. Barry is the co-author of seven books and an online course. Thinking Strategically and The Art of Strategy are two crossover books on game theory with more than 400,000 copies in print. Co-opetition looks beyond zero-sum games to emphasize the potential for cooperating while competing. Why Not? offers a framework for problem-solving and ingenuity. Lifecycle Investing provides a new strategy for retirement investing. Mission in a Bottle tells the story of Honest Tea. His most recent book is Split the Pie, which is based on his negotiation course at SOM. An online version of the negotiation course is available for free on Coursera. It has 400,000 active learners and is the second-highest rating on the Coursera platform. In 1998, Barry—together with his former student Seth Goldman—co-founded Honest Tea. In 2011, the company was purchased by Coca-Cola. His second venture, Kombrewcha, is a slightly alcoholic version of kombucha. The company was acquired in 2016 by AB-Inbev. He is currently working to build Real Made Foods. He works with many entrepreneurial firms. He serves on the board of Q Drinks (started by his former student Jordan Silbert), Calicraft Beer, and AGP Glass. Alongside startups, he has extensive experience consulting with multinational firms. He advised the NBA in their prior negotiations with the National Basketball Players Association and served on the board of Nationwide Insurance. A graduate of MIT, a Rhodes Scholar, and a Junior Fellow at Harvard’s Society of Fellows, Nalebuff earned his doctorate at Oxford University. Get Barry's book here: Split the Pie: A Radical New Way to Negotiate. Barry Nalebuff: https://amzn.to/3OiNiJs Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
9/19/2022 • 49 minutes, 30 seconds
507: Climate change: The root cause of COVID (with Tom Eddington)
Welcome to an episode with one of Silicon Valley’s most renowned business advisors and coaches, Tom Eddington. “There's always a challenge, and there's always an opportunity.” - Tom Eddington In this episode with Tom, we discussed how the COVID-19 pandemic resulted in a multitude of issues today – not only for individuals but also for most organizations. One of the biggest problems that every organization has faced because of COVID is retaining employees. Over the last couple of years, we've seen the mass resignation, and it's been a challenge across all industries to attract and retain talent. Organizations adapted to a virtual workforce, and people have spent the last two years working remotely; the idea of moving back to a physical location has required a lot of reconsideration. Some companies exhibited higher productivity rates with a reduced workforce during that time. They delivered more financial results but took a tremendous toll as leadership teams are extremely stressed and exhausted. The long-term effects of COVID continue, impacting individuals and organizations. COVID has delivered a message to the world – a warning sign. COVID is a knock-on effect of climate change, as opposed to being an epidemic. Climate change is by far the biggest issue we face. As we destroy the ecosystem, we lose biodiversity. This results in bacterial infections and viral infections, which become pandemics such as COVID. We are seeing the impact of climate change, and we are at the most critical decade in human history where we need to do something fundamentally different. “Business talks about how we become climate-conscious from today, but I've never heard a business leader talk about what we are going to do about what's already out there.” - Michael Tom Eddington works with some of the most influential CEOs and non-profit leaders, advising them on everything from global mergers and organizational change to conscious leadership and work/life integration. He understands the pressures business leaders face. Having spent the last three decades as a consultant, educator, entrepreneur, and strategic advisor, he has dedicated his life to studying and teaching board, leadership, and organization effectiveness – focusing on how they grow, achieve, and sustain effectiveness while remaining stewards for their stakeholders. Tom has lived, worked, and studied on six continents, working with leaders across all industry sectors and organization stages of development. His work as a student, mentor, coach, and advisor focuses on conscious leadership. His motto: Take care of matters within yourself to make the most possible impact in the outside world. Tom has sought out opportunities to teach and work in the private, public, academic, and non-profit sectors working with industry leaders and most-admired organizations, including HP, W.L. Gore, MBNA Corporation, Royal Dutch/Shell, and Taproot Foundation. He assists organizations in fostering leadership on all levels. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
9/14/2022 • 51 minutes, 58 seconds
506: Managing digital and globalization (with Satish Nambisan)
Welcome to an interview with globally recognized academic thought-leader on digital transformation and innovation management, Satish Nambisan. Get Satish's book here: https://amzn.to/3QpWQE3 In this episode, Satish spoke about real-world examples of companies that use digital technology as their unique competency to move and globalize faster. He defined “globalization” and “digital” in a broader perspective, and elaborated on their role in a company to thrive through an emotional connection with customers. Satish also explained the idea of tight and loose coupling and how it allows companies to continuously adapt to disturbances that happen in different parts of the world without reinventing the business model, processes, or operations. Satish Nambisan, Ph.D. is the Nancy and Joseph Keithley Professor of Technology Management at the Weatherhead School of Management, Case Western Reserve University. His current work focuses on how digital technologies, platforms, and ecosystems shape innovation, entrepreneurship, and international business. His publications have appeared in journals such as Harvard Business Review, MIT Sloan Management Review, Management Science, Journal of International Business Studies, Organization Science, Academy of Management Review, and Stanford Social Innovation Review. He is the co-author of The Global Brain: Your Roadmap for Innovating Faster and Smarter in a Networked World (Wharton School Publishing). His latest book is The Digital Multinational: Navigating the New Normal in Global Business (MIT Press, 2022). Get Satish's book here: The Digital Multinational: Navigating the New Normal in Global Business (Management on the Cutting Edge). Satish Nambisan & Yadong Luo: https://amzn.to/3QpWQE3 Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
9/12/2022 • 53 minutes, 24 seconds
505: How do leaders integrate? (with Richard Hawkes)
Welcome to an interview with a business coach and change leadership expert, Richard Hawkes. Get Richard's book here: https://amzn.to/3Oe5ljU In this session, Richard shared his experiences with building a consultancy, working shoulder to shoulder with leaders and teams to grow and scale all kinds of companies – in the US and in countries all over the world, but especially in Germany. He shared a little bit about how his worldview has changed throughout his journey from thinking of companies in a fragmented way – with different kinds of views, cultures, leadership, strategies, and processes – to thinking in an integrated way. He laid out a powerful framework that any team can apply to overcome the most common leadership challenges. Richard S. Hawkes is the author of Navigate the Swirl and the CEO and Founder of Growth River, an international consultancy that guides leaders and teams to create higher performance in businesses and organizations. Hawkes helps companies identify and resolve constraints to success. Clients include Edward Jones, GENEWIZ, Hitachi, Pfizer, Johnson & Johnson, and Mars. Hawkes received a B.A. in Computer Science and German Literature from Hamilton College and an M.B.A. in Marketing and Organizational Development from the University of Wisconsin-Madison. Get Richard's book here: Navigate the Swirl: 7 Crucial Conversations for Business Transformation. Richard S. Hawkes: https://amzn.to/3Oe5ljU Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
9/7/2022 • 1 hour, 20 minutes, 14 seconds
504: A guide to difficult decision making (with Eric Pliner)
Welcome to an interview with the CEO of YSC Consulting, Eric Pliner. Get Eric's book here: https://amzn.to/3HpM1hf In this video, Eric shared his career journey, experience with adjusting to consulting, and how to become a successful consultant while maintaining a healthy life balance. He discussed the reasons why his company survived and thrived during the pandemic. As a CEO, he spoke about the top things that he looks for when promoting an employee and the red flags that employees must be aware of to avoid or eliminate. Eric shared the realizations that made him a stronger leader over the course of his journey to the top of his company. He emphasized the importance of constant learning and listening to other people, and that as a leader, you have to get over the idea that your job is to make everyone happy. You will disappoint people down the road, but how you handle that disappointment will make the difference between being a long-term leader or a short-term leader. Eric shared his advice on how to better make difficult decisions and how to build confidence when facing challenging decision-making situations. For more than twenty-five years, Eric Pliner has been a recognized leader in the fields of leadership development, organizational culture, education and training, and strategic diversity and inclusion. He is Chief Executive Officer of YSC Consulting, a global leadership strategy consultancy headquartered in London. Eric's writing on leadership has been featured in Harvard Business Review, Fortune, Forbes, Fast Company, and a host of other business and industry publications. He is a Board Director with Hip Hop Public Health, a member of the Dramatists’ Guild of America, and an author/co-author of a wide variety of published academic, creative, and professional works, including award-winning case studies on leadership; the U.S. National Standards for Health Education; and an off-Broadway theatrical parody of television cartoons for adults (with Amy Rhodes). He lives in Brooklyn, New York. Get Eric's book here: Difficult Decisions: How Leaders Make the Right Call with Insight, Integrity, and Empathy. Eric Pliner: https://amzn.to/3HpM1hf Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
9/5/2022 • 1 hour, 8 minutes, 9 seconds
503: The key to happiness and success (with Alex Bäcker)
Welcome to an episode with scientist, inventor, writer, speaker, and entrepreneur, Alex Bäcker. Get Alex's book here: https://amzn.to/3HqNfZu In this episode, Alex spoke about the main ingredients of a successful life and the key to happiness. He discussed why he wrote his book, 101 Clues to a Happy Life, and shared how having children exponentially changed his life and perspective. Alex also elaborated on the role of sunlight in the prevention and treatment of COVID-19 and the potential role of vitamin D. In this conversation, he shared valuable advice related to business, finding business partners and investors, and the practical steps that should be implemented to attain success and happiness. Alex Bäcker is the founder and CEO of QLess and co-founder at Drisit. He holds 11 patents and in 2021 was named among the top 100 MIT alumni in technology. His seminal papers on COVID and sunlight were picked up by the press around the world. Alex is a National Champion of Informatics and holds a degree in Biology and Economics from MIT, and a M.S. and Ph.D. in Computation and Neural Systems and Biology from the California Institute of Technology, where he was awarded the Dean’s Award for “great contributions and outstanding qualities of Leadership and Responsibility.” He has held positions at McKinsey & Co.; the Center for Computation, Computers, Information and Mathematics of Sandia National Labs; and Caltech. Alex devised the idea of QLess while standing in a line. Prior to starting QLess, Alex was also the founder of a pioneer of search engine marketing technology, the invention factory, that has boosted the reach of search engine marketing campaigns by up to 580% while simultaneously reducing their cost per action by up to 78%. It is a semantic people search engine with machine vision, which beat Google and every other search engine tested 3 to 1 or more in results relevance in a blind people search comparison, and the first resume- or file-based search engine. Alex was appointed by the President to serve in the California Institute of Technology’s Information Sciences and Technology Board of Advisors. In 2013, Alex was named the Gold Stevie Winner of IT Executive of the Year and Silver Stevie Winner of Innovator of the Year by the International Business Awards. In 2011, Alex was honored as the keynote speaker at LA County’s Tech Week, an honor that was previously accorded a Nobel Prize winner, the CEO of Cisco, the CEO of Adobe, the Chairman of Deloitte, and an astronaut. In 2010, Alex was honored as one of “40 under 40” for the inaugural 40 Under 40 M&A Advisor Recognition Awards. Alex’s research on neural coding and artificial intelligence has been published in the world’s leading publications such as Nature and Neural Computation. Get Alex’s book here: 101 Clues to a Happy Life. Alex Bäcker: https://amzn.to/3HqNfZu Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
For this episode, let's revisit one of Strategy Skills classics where we discuss something that affects every consultant in the world: the issue of confidence – or even arrogance – and its role in getting results on a consulting engagement. We discuss the role that confidence plays in your career and look at what actually creates a competitive advantage in your career. We also look at an example that showcases the limited value of confidence in a consulting engagement. Click here to see the full study and here to see the merger study and market entry study. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
8/29/2022 • 16 minutes, 19 seconds
501: The artistic way of problem solving (with Amy Herman)
Welcome to an episode with best-selling author, lawyer, and art historian, Amy Herman. Get Amy's book here: https://amzn.to/3R4z14s In this episode, Amy spoke about how art can renew our sense of vision and approach to problem solving. This method proves that everyone sees and interprets things differently, which shows that we need to become better communicators to solve our problems. She stressed that effective communication has a renewed significance now because we are communicating with our stakeholders in a virtual environment. For leaders of organizations, the most difficult thing for them to do is rethink their communication skills and make them as effective as they were before, which involves agility. Amy also spoke about confirmation bias – wherein people only hear what they want to hear – and how to realize that we are trapped in this way of looking at information. Building on the conversation, Amy spoke about well-known artists who reflect characteristics that a great leader can impersonate. Amy E. Herman is the founder and president of The Art of Perception, Inc., a New York-based organization that conducts professional development courses to leaders around the world, including at the FBI, CIA, Scotland Yard, and the Peace Corps. Herman was also the Director of Educational Development at Thirteen/WNET, the educational public television station serving New York and New Jersey, and the Head of Education at The Frick Collection for over ten years, where she oversaw all of the Collection's educational collaborations and community initiatives. An art historian and attorney, Herman holds a BA in International Affairs from Lafayette College, a JD from the National Law Center at George Washington University, and an MA in Art History from Hunter College. She is a member of the New Jersey and Pennsylvania Bar Associations. Herman channeled her dual degrees in art and law to create the successful Art of Perception program, and now trains thousands of professionals from Secret Service agents to church fundraisers. Herman is a world-renowned speaker who frequently presents at national and international conventions. She has been featured on the CBS Evening News, the BBC, and in countless print publications including The New York Times, The Wall Street Journal, The London Times, New York Daily News, Smithsonian Magazine, and The Philadelphia Inquirer. Get Amy’s book here: Fixed.: How to Perfect the Fine Art of Problem Solving. Amy Herman: https://amzn.to/3R4z14s Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
8/24/2022 • 48 minutes, 8 seconds
500: The value of food diversity (with Dan Saladino)
Welcome to an episode with a renowned food journalist, Dan Saladino. Get Dan's book here: https://amzn.to/3QHLfQu In this episode, Dan talks us through a very interesting topic: food extinction. He elaborated on the value of food diversity through factual examples and stories, and he explained the risks of homogeneity or genetic uniformity of crops, livestock, poultry, or other food supply, which adds more vulnerability to preserving these resources during a crisis. Dan Saladino is a renowned food journalist who has worked at the BBC for 25 years. For more than a decade, he has traveled the world recording stories of foods at risk of extinction—from cheeses made in the foothills of a remote Balkan mountain range to unique varieties of rice grown in southern China. His work has been recognized by the James Beard Foundation, the Guild of Food Writers, and the Fortnum & Mason Food and Drink Awards. Get Dan’s book here: Eating to Extinction: The World's Rarest Foods and Why We Need to Save Them. Dan Saladino: https://amzn.to/3QHLfQu Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
8/22/2022 • 58 minutes, 13 seconds
499: How radical adaptability sustains continuous change (with Kian Gohar)
Welcome to an episode with a sought-after strategist and advisor, Kian Gohar. Get Kian’s book here: https://amzn.to/3wdoonJ Many organizations have been caught flat-footed by disruptive changes – especially in the pandemic era – which has forced a lot of businesses to rethink their priorities to stay competitive in the post-pandemic world. Having the ability to identify trends that allow organizations to leverage potential threats and changes in the future will turn into great opportunities. But many organizations don't think this way and instead focus on what there is today and react to the changes later. In this episode, we discussed with Kian the key things that the pandemic taught us individually and as an organization. He spoke about the mindset and best practices of leaders and teams who were able to keep up, adapt, and remain competitive and advantageous during disruptions and continuous change. Kian also pointed out the key steps that leaders and organizations need to take and implement to build a competitive and thriving business. Kian Gohar is the CEO of innovation advisory firm Geolab and the former executive director of the XPRIZE Foundation and Singularity University. Kian has coached the C-suite of over 50 companies in the Fortune 500 and regularly keynotes, facilitates, and emcees major business conferences like the World Economic Forum, SXSW, the Tokyo Motor Show, and many others. His research on the Future of Work and innovation has been featured on CNBC, Axios, HBR, and other media. He inspires the world's leading organizations to harness innovation and moonshots to solve complex problems. He coaches entrepreneurs, executives, and leaders to make their impossible, possible. He is the co-author of Competing in the New World of Work with Keith Ferrazzi, published by Harvard Business Review in 2022, which is based on a global research project with 2,000+ global leaders to reveal the best leadership practices that helped the most successful teams thrive in the pandemic, and is a roadmap for any team at any organization to future-proof their way to success in the post-pandemic era. He is passionate about the intersection of innovation and impact, and his career spans venture capital, academia, and startups around the world. He is a member of the Transformational Leadership Council. Get Kian’s book here: Competing in the New World of Work: How Radical Adaptability Separates the Best from the Rest. Kian Gohar & Keith Ferrazzi: https://amzn.to/3wdoonJ Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
8/17/2022 • 1 hour, 1 minute, 51 seconds
498: How to defeat loneliness through connection (with Ryan Jenkins & Steven Van Cohen)
Welcome to an episode with workplace loneliness experts and thought leaders, Ryan Jenkins and Steven Van Cohen. Get Ryan's book here: https://amzn.to/3SOSwiY In this episode, Ryan and Steven discuss a vital, sensitive, and very interesting topic: loneliness. Oftentimes, loneliness and emotional pain is taken lightly compared to physical pain. But physiologically, the effect is nearly the same. The conversation revolved around answering why do we feel lonely and how we can battle and address this issue. Ryan and Steven talked about the significance of awareness, connection, a sense of safety and belonging, and mental health, which largely contributes to resolving loneliness and is the key to developing a healthy personal and professional environment. Ryan Jenkins CSP® (Certified Speaking Professional™) is an internationally recognized keynote speaker and three-time published author. He speaks all over the world to companies such as State Farm, Salesforce, Wells Fargo, FedEx, Liberty Mutual, and John Deere. For a decade, he has been helping organizations create engaged, inclusive, and high-performing teams by lessening worker loneliness and closing generational gaps. Ryan’s top-ranked insights have been featured in Forbes, Fast Company, and The Wall Street Journal. He is also co-founder of LessLonely.com, the world’s first resource fully dedicated to reducing worker isolation and strengthening team connections. Ryan lives in Atlanta, GA with his wife, three children, and yellow Labrador. Steven Van Cohen is a global leadership consultant, author, and executive coach. Steven has spent 12 years working with hundreds of leaders from organizations like Salesforce, The Home Depot, Komatsu, and Bridgestone, helping them improve worker well-being, reduce employee isolation, and boost team belonging. Dubbed "The Leadership Whisperer," Steven has inspired thousands through his workshops, keynotes, and virtual events. He is co-founder of LessLonely.com (the world's first resource for addressing loneliness at work) and CEO of SyncLX (a consultancy that works with many Fortune 500 companies.) Steven holds a Master of Science in Organizational Development from Pepperdine University and a BA from The University of Illinois Champaign-Urbana. Steven lives in San Juan Capistrano, CA with his wife and two daughters. Get Ryan & Steven’s book here: Connectable: How Leaders Can Move Teams From Isolated to All In. Ryan Jenkins & Steven Van Cohen: https://amzn.to/3SOSwiY Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
8/15/2022 • 50 minutes, 12 seconds
497: How to conquer as a new CEO (with David Siegel)
Welcome to an episode with the CEO of Meetup, David Siegel. Get David's book: https://amzn.to/3QqTkJ6 In this episode, David talks us through his epic journey of becoming and remaining the CEO of Meetup in spite of the challenges that the organization faced and, later on, conquered. He also spoke about Investopedia – which he was the CEO of prior to joining Meetup. David also highlighted and elaborated on what a community is, how it works, and the value that it brings. David Siegel is the CEO of Meetup, the largest platform for finding and building local community. He has over 20 years of experience as a technology and digital media executive leading organizations through innovative product development, rapid revenue growth, and digital traffic acceleration. Prior to joining Meetup, David was CEO of Investopedia. Before that, he was president of Seeking Alpha. He hosts the podcast Keep Connected, which is dedicated to the power of community. David holds a BA in Philosophy, Politics & Economics and an MBA from the University of Pennsylvania. He is an adjunct professor at Columbia University where he teaches strategic planning and entrepreneurship. He lives in White Plains, New York with his wife and three teenage children. In his spare time, he likes to pop in on Meetup events. Get David’s book here: Decide and Conquer: 44 Decisions That Will Make or Break All Leaders. David Siegel: https://amzn.to/3QqTkJ6 Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
8/10/2022 • 59 minutes, 29 seconds
496: Seeing through the future of work (with John Boudreau & Ravin Jesuthasan)
Welcome to an episode with Ravin Jesuthasan, a global thought leader and best-selling author, and John Boudreau, a Professor Emeritus of Management and Organization at the University of Southern California. Get John's book here: https://amzn.to/3BJRiiY In this episode, John and Ravin lay out the core principles of work operating systems, and their views about the future of work and jobs that are rapidly evolving through the emergence of alternative work arrangements, diversity, accelerating automation, and the underlying challenges and opportunities that leaders and organizations are battling to overcome. Ravin Jesuthasan is the global leader of Mercer’s Transformation Services business. He is a recognized global thought leader, futurist, and author on the future of work and workforce transformation. He has led multiple research efforts on the global workforce, the emerging digital economy, the rise of artificial intelligence, and the transformation of work. Ravin has led numerous research projects for the World Economic Forum, including many of its ground-breaking studies on the transformation of work and the global workforce. He is a regular participant and presenter at the World Economic Forum’s annual meetings in Davos and Dalian/Tianjin and is a member of the forum’s Steering Committee on Work and Employment. Ravin has been a featured speaker at conferences in North America, Europe, Asia Pacific, the Middle East, and Latin America. He has also been featured and quoted extensively by leading business media, including CNN, BBC, The Wall Street Journal, CNBC, Fortune, FT, The Nikkei (Japan), Les Echoes (France), De Telegraaf (Netherlands), South China Morning Post, and Dubai One TV among others. Ravin was also an advisor to and featured prominently on PBS’s widely acclaimed documentary series The Future of Work. Ravin is a frequent guest lecturer at universities around the world, including Oxford University, Northwestern University, New York University, and the University of Southern California. John Boudreau is recognized worldwide as one of the leading evidence-based visionaries on the future of work and organization. Through breakthrough research on the bridge between work, superior human capital, leadership, and sustainable competitive advantage, John W. Boudreau, Ph.D. is much sought after by organizations, businesses, and the academic world for his insight and innovation in the fields of Human Resources, Human Capital Management, and Executive Development. Dr. Boudreau is Professor Emeritus of Management and Organization and a Senior Research Scientist with the Center for Effective Organizations at the Marshall School of Business, University of Southern California. His large-scale research studies and focused field research addresses the future of work and the global HR profession, work automation, HR measurement and analytics, decision-based HR, executive mobility, HR information systems, and organizational staffing and development. A strong proponent of corporate/academic partnerships, Dr. Boudreau helped to establish and then directed the Center for Advanced Human Resource Studies (CAHRS) at Cornell University, where he was a professor for more than 20 years. Get John and Ravin’s book here: Work without Jobs: How to Reboot Your Organization’s Work Operating System (Management on the Cutting Edge). John Boudreau & Ravin Jesuthasan: https://amzn.to/3BJRiiY Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
8/8/2022 • 53 minutes, 58 seconds
495: Setting up scale: How to avoid voltage drop (with John A. List)
Welcome to an episode with a highly regarded economist and best-selling author, John A. List. Get John's book here: https://amzn.to/3BDlHzj In this episode, John defined scaling – an overused yet often confused word in the startup world today – and elaborated the term. He also spoke about the voltage effect and how it relates to scaling. The discussion revolved around the five vital signs that every scalable idea must possess to avoid voltage drops and gave numerous realistic examples to help us visualize each sign. John also shared the top things that we must keep in mind when making decisions related to scaling. Professor John A. List is the Kenneth C. Griffin Distinguished Service Professor in Economics at the University of Chicago. His research focuses on combining field experiments with economic theory to deepen our understanding of the economic science. In the early 1990s, List pioneered field experiments as a methodology for testing behavioral theories and learning about behavioral principles that are shared across different domains. He co-authored the international best seller, The Why Axis, in 2013. List was elected a Member of the American Academy of Arts and Sciences in 2011, and a Fellow of the Econometric Society in 2015. List received the 2010 Kenneth Galbraith Award, the 2008 Arrow Prize for Senior Economists for his research in behavioral economics in the field, and was the 2012 Yrjo Jahnsson Lecture Prize recipient. He is a current Editor of the Journal of Political Economy. Get John's book here: The Voltage Effect: How to Make Good Ideas Great and Great Ideas Scale. John A. List: https://amzn.to/3BDlHzj Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
8/3/2022 • 58 minutes, 50 seconds
494: Cultivating your best self through inclusivity (Susan MacKenty Brady)
Welcome to an episode with a highly regarded leadership well-being coach, relationship expert, author, and speaker, Susan MacKenty Brady. Get Susan's Book here: https://amzn.to/3oKfcTN In this episode, Susan articulated the upside of the global pandemic, specifically the norms about how women manage, lead, communicate, and show up. She also discussed the definition of diversity and inclusiveness and the signs that companies are embracing it versus drifting away from the path of empathy and inclusive leadership. We discussed how to find the best version of yourself and how crucial it is to focus on your strengths and building from there. Susan Mackenty Brady is the Deloitte Ellen Gabriel Chair for Women and Leadership at Simmons University and the first Chief Executive Officer of The Simmons University Institute for Inclusive Leadership. The Institute develops the mindset and skills of leaders at all stages of life so they can foster gender parity and cultures of inclusion. As a relationship expert, leadership well-being coach, author, and speaker, Susan educates leaders and executives globally on fostering self-awareness for optimal leadership. Susan advises executive teams on how to work together effectively and create inclusion and gender parity in organizations. She is passionate about working with women at all levels of organizational leadership to fully realize—and manifest—their leadership potential. Featured on ABC’s Good Morning America, Susan is the author of Arrive & Thrive: 7 Essential Practices of Women Navigating Leadership (McGraw-Hill, April 2022); The Inclusive Leader's Playbook (Simmons University); Mastering Your Inner Critic and 7 Other High Hurdles to Advancement: How the Best Women Leaders Practice Self-Awareness to Change What Really Matters (McGraw-Hill); and The 30-Second Guide to Coaching Your Inner Critic. A celebrated speaker, Susan has keynoted or consulted at over 500 organizations around the world. Prior to joining Simmons, Susan was Executive Vice President at Linkage, Inc. a global leadership development consulting and training firm. She founded Linkage's Women in Leadership Institute™ and launched Linkage’s global practice on Advancing Women Leaders and Inclusive Leadership, and led the field research behind the 7 Leadership Hurdles Women Leaders Face in the Workforce™. Dedicated to inclusively and collaboratively inspiring every girl to realize her full potential, Susan serves as emeritus board member of the not-for-profit Strong Women, Strong Girls. Get Susan's book here: Arrive & Thrive: 7 Essential Practices of Women Navigating Leadership. Janet Foutty, Lynn Perry Wooten, Ph.D., Susan MacKenty Brady: https://amzn.to/3oKfcTN Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
8/1/2022 • 1 hour, 4 minutes, 8 seconds
493: Shaping empathy from the perspective of your employees and customers (with Dr. Natalie Petouhoff)
Welcome to an episode with best-selling author and Customer and Employee Experience Strategist, Dr. Natalie Petouhoff. Get Natalie's book here: https://amzn.to/3z2fKsU In this episode, Natalie spoke about the need for empathy today and the shift we need to make from focusing on company-centric business strategies to creating employee and customer-centric experiences. She also discussed the importance of customer feedback and how Amazon has used it to thrive. Listening from the other person’s point of view and putting yourself in the shoes of your customers and employees is the key to better human connection and success. Natalie is a Senior Customer Experience Strategist and Business Consultant at Genesys®. Her career spans many years in technology and customer and employee experience, holding positions in and consulting at companies including Salesforce, Hulu, Marriott, General Motors, General Electric, Sony Pictures Entertainment, Weber Shandwick, Forrester Research, PWC Consulting, Hughes Electronics, Pepsi, Verizon, Best Buy, Procter & Gamble, Chevrolet, and Electrolux. Her Ph.D. in Material Science and Engineering from the University of California and years as a “rocket scientist” provide her with the left-brain skills to strategically analyze how things work and redesign the world for a better future. In her endeavors, Natalie has focused on the interplay between the evolution of technology and who we are as humans. From her early days as an engineer, she remains a true believer in “what is good for employees and customers is ultimately what is also good for companies.” As a speaker and participant at Singularity University, she’s captivated by the rapid advancement and impact of exponential technologies and how they are reshaping our lives and businesses. Natalie’s current passion is shifting outdated paradigms by juxtaposing current beliefs with seemingly contradictory ones to reveal insights to drive the future of work, customer’s experiences, businesses and humanity forward. She believes we can imbue technology with our hopes and dreams for a future focused on bettering humanity. We just need to understand what we are optimizing for and why. Dr. Natalie is often quoted in NYTimes, USA Today, Bloomberg Businessweek, CRM Magazine, and Peppers and Rogers 1-to-1 Magazine and is also a featured commentator on TV and radio. As an accomplished public speaker, Dr. Natalie is keynote speaker at conferences, both virtual and in-person. Get Natalie’s book here: Empathy In Action: How to Deliver Great Customer Experiences at Scale. Tony Bates, Dr. Natalie Petouhoff: https://amzn.to/3z2fKsU Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
7/27/2022 • 1 hour, 9 minutes, 2 seconds
492: The triumph within mindset and self belief (with Ravi Venkatesan)
Welcome to an episode with the Chairman of The Global Energy Alliance for People and Planet (GEAPP), Ravi Venkatesan. Get Ravi's book here: https://amzn.to/3J5OwGc In this episode, Ravi shared how he started believing in himself and his capabilities, which led to where he is today. He also spoke about the opportunities laying around challenges and the preparations we need to navigate these changes. The conversation revolved around the importance of perspective and mindset, how it contributes to the way we interact with other people, and how it shapes our reality. Ravi Venkatesan is the Chairman of The Global Energy Alliance for People and Planet (GEAPP) launched at COP26 with USD10 billion of committed capital to accelerate investment in green energy transitions and renewable energy solutions. He is also UNICEF’s Special Representative for Young People and Innovation, and the Founder of the Global Alliance for Mass Entrepreneurship (GAME). He serves on the Boards of Rockefeller Foundation, Hitachi Ltd. Ravi was the Chairman of Microsoft India, Bank of Baroda and Cummins India, and served as a co-chairman of Infosys Ltd. He is an alum of IIT Bombay and Harvard Business School. Ravi is the author of What The Heck Do I Do With My Life: How To Flourish In Our Turbulent Times and Conquering the Chaos: Win in India, Win Everywhere. He was voted as one of India’s best management thinkers by Thinkers50 and as Microsoft’s Alumni Hero 2020. Under Venkatesan's leadership between 2004 and 2011, India became Microsoft's second-largest geographic area and one of its fastest growing markets. Microsoft India was rated one of the country's most respected companies, among the most admired brands, and one of India's best employers. Get Ravi’s new book here: What The Heck Do I Do With My Life: How To Flourish In Our Turbulent Times. Ravi Venkatesan: https://amzn.to/3J5OwGc Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
7/25/2022 • 51 minutes
491: The compelling saga: How to lead an organization toward success (with Don Schmincke)
Welcome to an episode with best-selling author and dynamic keynote speaker, Don Schmincke. In this episode, Don spoke about the counterintuitive insights of successful companies, why some organizations have a lack of performance, and the challenges that CEOs today need to address. He also shared his journey and discovery of Biological Leadership and how it relates to the leadership that organizations apply today. Don has been accused by a NY press agency of providing “the most provocative and sensational view of business than any other speaker today.” What else would you expect from an MIT and Johns Hopkins researcher who was nearly arrested as a capitalist spy in the Soviet Bloc, got shot off an aircraft carrier, survived in the Kurdish capital as the Ayatollah held hostages in Tehran, and developed missile inertial guidance systems while his frat brothers took Vegas (later portrayed in the movie “21”)? Don Schmincke’s irreverent humor and unconventional methods provide audiences with such a refreshing change compared to other status-quo topics that he’s been called the world’s “management renegade.” His patent-pending offerings transcend typical programs via refreshing alternatives to trendy theories, unproven methods, and phony “experts.” The industry agrees. Don’s renowned books are The Code of the Executive and High Altitude Leadership (with NBC Emmy-nominated climber Chris Warner), which has been published in over 10 languages, endorsed by leading authorities, and recommended by top business schools and featured by CNN, The Wall Street Journal, USA Today, MSNBC.com, and more than 60 industry publications annually. Don has been the host of the Executive Insights TV series and The Leader’s Code radio program, and he has been acclaimed as a Top 10 speaker for the world’s largest CEO organization. The high failure rates of pop-management theories drove Don’s research using anthropology, evolutionary genetics, and biology to dispel the “program-of-the-month” syndrome that has frustrated CEOs and HR managers for so long. By using Don’s science-driven leadership methods, companies experience accelerated results in sales, employee satisfaction, and cultural alignment. He admits, “Our work is politically incorrect but scientifically accurate.” Get Don’s Books Here: High Altitude Leadership: What the World's Most Forbidding Peaks Teach Us About Success: https://amzn.to/3aUCMcF The Code of the Executive: Forty-seven Ancient Samurai Principles Essential for Twenty-first Century Leadership Success: https://amzn.to/3xs4TYy Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
7/20/2022 • 54 minutes, 15 seconds
490: Elevating your personal brand using LinkedIn (with Judi Hays)
Welcome to an episode with Judi Hays. Judi is a sought-after LinkedIn expert for turning underperforming LinkedIn profiles into prospect-attracting powerhouses. She helps business executives identify their audience and elevate their LinkedIn profiles and personal brands. Watch this episode on YouTube. In this expert session, Judi speaks about the best ways to present and elevate your personal brand through LinkedIn. She shares how to nurture connections, build networks, and grow your business exponentially. Judi conducted an in-depth live LinkedIn profile check to show how to better utilize LinkedIn. Throughout the session, we are expected to learn: How to use your personal LinkedIn profile to grow your business The most common mistakes that you must avoid on LinkedIn that are costing you business and your reputation How to upgrade your LinkedIn profile and set a stage for how you want to be perceived The difference between a resume-style LinkedIn profile and a resource-style LinkedIn profile How to nurture your connections and grow your network How to leverage company pages on LinkedIn How to use LinkedIn beyond the obvious How to build a routine on LinkedIn Bonus hacks and tips to master LinkedIn Judi consults with businesses in 30 different industries, all selling high-ticket products and services in high-trust selling environments. She guides them on building authority, credibility, and trust, which ultimately leads to increased revenue. As a Forbes contributor and author of Elevate, Expand, Engage, a Refreshingly Different Approach to Winning on LinkedIn, Judi’s proprietary methods are shared through workshops, trade industry associations, seminars, consulting, and white glove “done-for-you” services for her clients. She is a frequent podcast guest and speaker. She has presented training and seminars for Forbes Business Council, FENG (Financial Executive Network Group), CoreNet (Commercial Real Estate Network), Greater Austin Chamber of Commerce, NWBC (National Women’s Business Council), NAWBO (National Association of Women Business Owners), SBA (Small Business Administration), SCORE (Service Corps of Retired Executives), NAPO (National Association of Professional Organizers), and Baruch College. Get Judi’s book here: Elevate, Expand, Engage - A Refreshingly Different Approach to Winning on LinkedIn: Elevate Your Brand, Expand Your Network, and Engage Your Most Powerful Relationships. Judi Hays. https://amzn.to/3ATtPeN Grab a free chapter of Judi’s book here.
7/18/2022 • 1 hour, 25 minutes, 12 seconds
489: Mindset shift: The key to effective communication (with Michael Reddington)
Welcome to an episode with a Certified Forensic Interviewer, Michael Reddington. In this episode, Michael shares his knowledge as a CFI and how interviewing skills can be translated to the business world with the Disciplined Listening Method, an approach which he developed. He also spoke about the mindset shift that leaders and organizations need to take to gain a better understanding and awareness of other people's perspectives and reasoning. Michael Reddington CFI, is a certified forensic interviewer and the president of InQuasive Inc., a company that integrates the key components of effective nonconfrontational interview techniques with current business research for executives. As a Certified Forensic Interviewer, Michael achieved the highest professional designation available in the field of interview and interrogation and spent over a decade training investigators around the world on the successful application of nonconfrontational interview and interrogation techniques. Never one to be satisfied with his achievements, Michael arrived at two key realizations while expanding his observation and persuasive skill sets. First, the very best leaders and interrogators capitalize on the same two core skills - vision and influence. Second, the cognitive processes that lead customers to commit to saying, "I'll buy it," employees to commit to saying, "I'll do it," and suspects to commit to truthfully saying, "I did it" are all nearly identical. These realizations caused Michael to recognize he could teach executives how to reduce missed opportunities and increase commitments to action. As a result, he developed the Disciplined Listening Method, transitioned to serving as an executive resource, and founded InQuasive, Inc. Michael created the Disciplined Listening Method by integrating current business communication research and best practices with components of four nonconfrontational interview and interrogation techniques. The resulting educational content represents a new and in-depth approach to applying strategic, ethical observation and persuasion techniques across the spectrum of business conversations. Companies have invited Michael, government agencies, and executive groups to facilitate his programs across the United States, Canada, the United Kingdom, Ireland, Europe, Africa, and the Middle East. He has led over one thousand programs and educated over ten thousand participants from over 50 countries. He leads programs and advisory sessions designed to teach participants to activate the truth in the areas of leadership communication, sales, negotiation, conflict resolution, customer service, candidate interviews, family conversations, and public speaking/influential instruction. Michael goes well beyond facilitating and advising. He applies customized content specifically designed to meet the needs of each participant with a humorous and intelligent delivery style. His diligent preparation, attention to each participant's concerns, and added context coalesce to drive home the learning objectives. With Michael, it's never a presentation, seminar, or advisory session; it's always an experience. Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
7/13/2022 • 59 minutes, 41 seconds
488: Seizing opportunities: How Indianapolis kept the Colts (with Fred Glass)
Welcome to an interview with former Indiana University athletic director, Fred Glass. Get Fred's book here: https://amzn.to/3tCY7hj In this episode, Fred discussed how Indianapolis managed to keep the Colts, its strategy to sustain it, and the impact and advantages that the team provides to the city. This podcast will make you think about the economics of business in sports and understand the deep thinking behind the scenes that makes it all possible. Fred served as a law clerk for U.S. District Court Judge S. Hugh Dillin, also an IU alumnus. From 1989 to 1993, he was chief of staff to former Indiana Gov. Evan Bayh, and, in 2000, helmed the transition team chief for former Indianapolis Mayor Bart Peterson. Peterson appointed Fred, then a partner in the law firm of Baker & Daniels (now Faegre Baker Daniels), to the city's Capital Improvement Board, which oversees Lucas Oil Stadium, the Indiana Convention Center, Conseco Fieldhouse, and Victory Field. Fred negotiated a number of sports-related wins for the city, including: adding Indianapolis to the permanent hosting rotation for the NCAA Final Four Tournament; laying the groundwork for the city's successful 2012 Super Bowl bid; and putting together the strategy and plans for development of Lucas Oil Stadium. In 2008, President McRobbie appointed Fred as Indiana University's vice president and director of athletics. Since assuming the role, Fred has worked tirelessly to ensure IU returns to its rightful place as one of the premier athletic departments in the country. His tenure has been marked, in part, by a deep commitment to the wellness, development, and achievement of the students under his charge. His 24 Sports, One Team philosophy has brought together student athletes from all IU sports, encouraging them to attend each other's games, support one another, and function as an extended IU family. Get Fred’s Book here: Making Your Own Luck: From a Skid Row Bar to Rebuilding Indiana University Athletics by Fred Glass: https://amzn.to/3tCY7hj Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
7/11/2022 • 42 minutes, 54 seconds
487: Innovation through customer collaboration (with Ben M. Bensaou)
Welcome to an episode with a well-recognized professor, Ben M. Bensaou. Get Ben's book here: https://amzn.to/3xpI9Zb Many people think that you need a genius leader or need to become a start-up to innovate. But we all have the potential to innovate. In this episode, Ben speaks about everyone's role in innovation and how it can be performed like a habit in our everyday lives. He also discussed the need to develop a deeper understanding of customers and create a culture of collaborating with customers to offer the ideal combination of performance, attributes, price, and other characteristics that customers need and want, or produce a product and service with a powerful market appeal. Ben M. Bensaou is a Professor of Technology Management and Professor of Asian Business and Comparative Management at INSEAD, Fontainebleau, France. He served as Dean of Executive Education in 2018–2020. He was a Visiting Associate Professor at Harvard Business School in 1998-1999, a Senior Fellow at the Wharton School of Management in 2007-2008, and a Visiting Scholar at the Haas School of Business at the University of California Berkeley in 2013-2015. He received his PhD in Management from MIT Sloan School of Management, Cambridge, US, and his MA in Management Science from Hitotsubashi University, Tokyo, Japan; his Diplôme d’Ingénieur (MSc) in Civil Engineering and DEA in Mechanical Engineering from respectively the Ecole Nationale des TPE, Lyon and the Institut National Polytechnique de Grenoble, two Grandes Ecoles in France. His research and teaching activities focus on: (1) how to create innovating capabilities and competencies as a way to build an innovating organization and culture; (2) Blue Ocean Strategy and value innovation implementation, and roll out processes across the whole organization; (3) how to build social capital within firms; (4) new forms of organizations, in particular networked corporations, strategic alliances, joint ventures, and value-adding partnerships; and (5) the impact of information technology on innovation. Professor Bensaou addresses these issues from an international comparative perspective, with a special focus on Japanese organizations. Professor Bensaou's research on buyer-supplier relations in the US and Japanese auto industries won him the Best Doctoral Dissertation Award in the field of information systems and a finalist nomination for the Free Press Award for outstanding dissertation research in the field of business policy and strategy. His case studies on innovation won the 2006, 2008 and 2009 ECCH Best Case Awards (with Kim & Mauborgne). His publications include papers in Academy of Management Journal, Management Science, Information Systems Research, Organization Science, Strategic Management Journal, Journal of International Business Studies, Harvard Business Review, Sloan Management Review, book chapters and conference proceedings. He has been a member of the Editorial Board of Information Systems Research, MIS Quarterly and MISQ Executive. He has been listed in the Who’s Who in the World since 1998. He has been consulting for Asian, European and US corporations since 1993. At INSEAD, Professor Bensaou developed two new MBA courses: 'Managing Networked Organisations' and 'Understanding Japanese Business.' He also teaches courses on Competitive Strategy, Innovation, Blue Ocean Strategy and Value Innovation, Information Technology and Comparative Management (in English and French). He was a Visiting Professor at Aoyama Gakuin University, Tokyo, where he taught his 'Information Technology and Corporate Transformation' course. He has also been teaching (in Japanese) in Executive Education programs at Keio Business School, Tokyo, Japan. Get Ben's book here: Built to Innovate: Essential Practices to Wire Innovation into Your Company’s DNA. Ben M. Bensaou: https://amzn.to/3xpI9Zb Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
7/6/2022 • 1 hour, 12 minutes, 23 seconds
486: A brighter approach to leadership (with Alicia Hare)
Welcome to an episode with the CEO of Tournesol, Alicia Hare. In this episode, Alicia spoke about a new and unique approach of leadership calledthe lead brighter approach, which focuses on improving the quality of people's lives through things that really matter and make a difference. A brighter future is about shared prosperity, quality, connection, discovery, and joy. Alicia is the founder and CEO of Tournesol, a leadership consulting firm that partners with CEOs, senior leaders, and their teams in times of significant change. Tournesol's unique lead brighter approach helps leaders harness the full power of their platform to elevate performance and improve the quality of people's lives. Alicia's clients include CEOs and senior leaders at Fortune 100 and Fortune 500 companies. Among others, she's worked with: the CEO of a multibillion-dollar healthcare company to use his platform to transform health and healthcare in America, improving the health of millions; the CEO of one of the world's largest global hospitality companies to address social isolation, bettering the lives of millions of customers while driving business performance; and the President and COO of a global entertainment company to reset the company's strategy for worldwide growth and impact. Her efforts have resulted in large-scale organizational transformation, sustainable business results, and meaningful social change. Before founding Tournesol, Alicia was a president at SYPartners; strategy executive at Target; head of business transformation for Sensis, an Australian media company; and principal at Destra Consulting Group, an organizational effectiveness consulting firm. She earned her B.A. from Rice, M.Ed. from Harvard, MBA from The Rotman School of Management at the University of Toronto, and Ph.D. from the University of North Carolina-Chapel Hill. Alicia is the author of The Unfolding Path: A Way to Live and Lead in Our Times, which inspires and guides leaders to do the deep inner work required to step up and lead others to a brighter future. Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
7/4/2022 • 56 minutes, 58 seconds
485: How to thrive and win in M&A (with Mark Sirower)
Welcome to an interview with expert M&A advisor and best-selling author, Mark Sirower. Get Mark's book here: https://amzn.to/39nd0O8 In this episode, Mark elaborated on the meaning of synergy and how it impacts businesses. He also spoke about strategies to maximize the chances of success in M&A and how to deal with its common challenges. Mark Sirower is an internationally recognized expert on M&A and the author of the best-selling book, The Synergy Trap: How Companies Lose the Acquisition Game (Simon & Schuster, 1997) and co-author of The Synergy Solution: How Companies Win the Mergers & Acquisitions Game (Harvard Business Review Press, February 2022). He is a U.S. leader in Deloitte's M&A and Restructuring practice, where he joined in 2008 to launch the M&A Strategy practice. Mark has advised senior executive teams on hundreds of transactions over the past 25 years from strategy and diligence through post-merger integration. Previously, he built the Deals Strategy Group at PwC and was the global leader of the M&A practice at the Boston Consulting Group, where he developed innovative approaches to crafting M&A strategies, planning integrations, delivering synergies, and creating shareholder value. Mark has taught M&A at the Wharton School, and has taught at the NYU Stern School Executive MBA program for 30 years. Get Mark's book here: The Synergy Solution: How Companies Win the Mergers & Acquisitions Game. Mark Sirower: https://amzn.to/39nd0O8 Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
6/29/2022 • 1 hour, 13 seconds
484: How to build genuine connections (with Patricia Stark)
Welcome to an episode with sought-after keynote speaker and coach, Patricia Stark. Get Patricia's book here: https://amzn.to/3MQIzNR In this episode, Patricia spoke about the importance of building a genuine connection with other people, and thoughts about self-belief. She also discussed the factors that restrict us from communicating effectively and how we can deal with them. Patricia Stark is a Certified Personal and Executive Coach (CPEC of the CaPP Institute - Coaching and Positive Psychology) and a Certified Body Language Trainer (Body Language Institute, Washington DC) and holds certificates in Eclectic Cognitive Behavior Therapy and Visualization/Guided Imagery (LIU). She heads Patricia Stark Communications and specializes in helping clients build their Calmfidence® in interviews, on-camera, and in daily life with tangible strategies for powerful communication skills, mastering self-talk, and stress and anxiety relievers used by the pros. Patricia has extensive experience as a health and medical news anchor, radio interview host, and appears regularly as a TV guest expert on the topics of communication and confidence. Her new book, Calmfidence: How to Trust Yourself, Tame Your Inner Critic, and Shine in Any Spotlight, was published in September 2021 by Sounds True/Macmillan Publishers. With over 20 years of first-hand experience in front of the camera and on stage, Patricia is one of the few trainers in the country who has worked extensively in front of the camera in both broadcast and corporate media. Patricia has appeared in over 2,000 Fortune 500 corporate media productions in just about every sector of industry as a moderator, trainer, host, and corporate spokesperson, and has anchored national and international news. She is a member of SAG/AFTRA, has appeared in numerous television commercials and programs, and has held a recurring role on Law & Order: Criminal Intent. Get Patricia's book here: Calmfidence: How to Trust Yourself, Tame Your Inner Critic, and Shine in Any Spotlight by Patricia Stark: https://amzn.to/3MQIzNR Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
6/27/2022 • 58 minutes, 47 seconds
483: How to win the game as a transcender (with Stan Bernard, MD, M.B.A.)
Welcome to an episode with bestselling author and award-winning consultant Stan Bernard, MD, M.B.A. Get Stan's book here: https://amzn.to/3MRzd4t In this episode, Stan spoke about the transcender system and how it has changed the game for many companies that are globally known today. He discussed how we can use this approach to communicate, inspire, and influence people. We will learn why top executives consider the transcender system the most powerful winning system for companies and their products. Stan Bernard, MD, M.B.A., is an internationally recognized, award-winning global competition consultant, keynote speaker, and bestselling author. He is the president of Bernard Associates, L.L.C. and the creator of the Transcender System™. Dr. Bernard is a former Senior Fellow at the Wharton School of Business, where he taught marketing to M.B.A. students for 14 years. He has been featured on television and in leading publications, including The Wall Street Journal, Forbes, and Bloomberg Businessweek. For nearly four decades, Dr. Bernard has consulted with over a dozen Fortune 500 firms and 150 other leading companies spanning six continents. He has been involved in more than 300 product launches involving over 60 countries. Over 15,000 professionals have participated in his firm's Competitive Simulations ("business war games"), Transcender System Training Workshops, Transcender System Seminars, and speaking engagements. Dr. Bernard received his M.B.A. from The Wharton School of Business and his medical degree from Baylor College of Medicine. Brands Don't Win: How Transcenders Change the Game. Stan Bernard, MD, M.B.A.: https://amzn.to/3MRzd4t Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
6/22/2022 • 1 hour, 1 minute
482: What the NYPD teaches us about complex corporate strategy (Strategy Skills Classics)
For this episode, let's revisit one of Strategy Skills classics where we discuss corporate strategy. In this episode, we explain why conventional and step-by-step strategy analysis will always yield the incorrect answers in any corporate strategy study. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
6/20/2022 • 31 minutes, 36 seconds
481: How and when a consultant must disagree (Strategy Skills Classics)
For this episode, let's revisit one of Strategy Skills classics, where we discuss when a consultant must dissent and how it should be done. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
6/15/2022 • 12 minutes, 28 seconds
480: 5 tips to fight fatigue (Strategy Skills classics)
For this episode, let's revisit one of Strategy Skills classics where we shared five tips to fight fatigue. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
6/13/2022 • 15 minutes, 39 seconds
479: How to control your life through storytelling (with Kindra Hall)
Welcome to an episode with a sought-after keynote speaker and a National Champion storyteller, Kindra Hall. Get Kindra's book here: https://amzn.to/3sRmOp3 In this episode, Kindra spoke about the importance of understanding the power of stories that an individual tells and believes and how it impacts our daily lives. She discussed how self-stories influence everything you do, everything you say, and everything you are. Kindra Hall is President and Chief Storytelling Officer at Steller Collective, a consulting firm focused on the strategic application of storytelling to today’s communication challenges. Kindra is one of the most sought-after keynote speakers trusted by global brands to deliver presentations and training that inspire teams and individuals to better communicate the value of their company, their products and their individuality through strategic storytelling. What began as a chance encounter at age 13 with a storytelling cassette tape grew into a passion for not only telling stories, but a mastery for teaching others the methods and science of storytelling so they can better tell their own. Kindra was a National Champion storyteller, a member of the Board of Directors of the National Storytelling Network and has her master’s degree in communications where she conducted original research studying the role of storytelling in defining and revealing organizational culture. She is a former Director of Marketing and VP of Sales. Today, Kindra’s work can be seen at Inc.com, Entrepreneur.com and as a contributing editor for SUCCESS Magazine. Kindra’s message spans all industries and her clients include Facebook, Hilton Hotels, Tyson Foods, Target, Berkshire Hathaway and the Harvard Medical School. Her much anticipated book will be released by Harper Leadership in the fall of 2019. Regardless of the industry, Kindra has become a conference favorite for her clients. The blend of inspiration and education in her keynotes mean that audiences leave feeling excited and equipped to finally put their stories to work in a tangible way. Choose Your Story, Change Your Life: Silence Your Inner Critic and Rewrite Your Life from the Inside Out. Kindra Hall: https://amzn.to/3sRmOp3 Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
6/8/2022 • 49 minutes, 44 seconds
478: Period case studies (Strategy Skills classics)
For this episode, let's revisit one of Strategy Skills classics where we discuss a special type of case study called a period case study which is significantly harder to do, but incredibly useful. Most consultants prefer case studying the latest and greatest fad, which is extremely misleading, as explained in this podcast. Click here to see the full study and here to see the merger study and market entry study. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
6/6/2022 • 11 minutes, 29 seconds
477: The organizational design stream (Strategy Skills classics)
For this episode, let's revisit one of Strategy Skills classics where we discuss the tough work being done by the Organizational Design team. We discuss the three tensions which drive all Organizational Design recommendations and the trade-offs required. We also spoke about the most important requirement to implement a new culture and structure at any company, and it is quite simple to do. As you will see, the Organizational Design stream is struggling in the study. Click here to see the full Corporate Strategy & Transformation study and here to see the merger study and market entry study. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
6/1/2022 • 14 minutes, 19 seconds
476: How to awaken company's humanity (with Catherine Bell)
Welcome to an episode with an award-winning entrepreneur, business leader, and best-selling business author, Catherine Bell. Get Catherine's book here: https://amzn.to/3Gzdqvf In this episode, Catherine spoke about the importance of humanity and trust in every organization. She highlighted that as a leader, we need to pause and understand where we are as a person, which allows us the discretionary space to make the best decisions. Mindful and self-aware leaders are higher performers compared to those who are not. Catherine Bell focuses on awakening and sustaining the fire within as Founder of The Awakened Company with passion, purpose, and play. Catherine founded BluEra, a Profit 500 executive search firm. She now helps organizations develop healthy culture strategies and hosts webinars on leadership and the Enneagram. She also started The Awakened Project, a jewelry line that helps females get out of poverty by starting their businesses with microloans. Catherine has also been a Board Member of the Distress Centre and Open to Grow. She is currently an Advisor to the Impact Society and Telus Spark. Catherine teaches at the Queen's (Smith) School of Business in their Masters of Innovation and Entrepreneurship Program. She has completed the Institute of Corporate Directors Not for Profit Essentials Program, is Certified in the Enneagram and Yoga Teacher Training, and has an MBA from Queen's University. The Awakened Company. Catherine Bell: https://amzn.to/3Gzdqvf Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
5/30/2022 • 45 minutes, 46 seconds
475: How to thrive as a new generation executive (with Emily Bermes)
Welcome to an episode with CEO and executive coach, Emily Bermes. Get Emily's book here: " data-userid="751940007443001344" data-orgid="751940008097312768">https://amzn.to/3B2vZXD In this episode, Emily spoke about the challenges that new generation executives are facing, particularly during the trying times of the pandemic. She discussed how having no physical role model or person to look up to impacts how an executive behaves and performs, and how executives cope up with that. Emily Bermes is the CEO of a human capital consulting firm. She has devoted her career to helping executives—from Fortune 100 companies to industry-shifting startups—successfully assimilate into new roles, create strong teams, and develop cultures that attract and retain the best talent. Combining more than 20 years of experience as a partner-level management consultant and executive coach with her background as a quantitative researcher, Emily is a master at creating customized, elegant solutions for the toughest organizational and human capital challenges. She has successfully assimilated nearly 100 executives across multiple industries. Bombproof: A Field Proven Guide for the New-to-Role Executive. Emily Bermes: " data-userid="751940007443001344" data-orgid= "751940008097312768">https://amzn.to/3B2vZXD Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
5/25/2022 • 36 minutes, 1 second
474: Avoiding the strategy echo chamber (Strategy Skills classics)
For this episode, let's revisit one of Strategy Skills classics where we discuss why you should avoid the strategy echo chamber. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
5/23/2022 • 14 minutes, 26 seconds
473: What makes it a transformation study? (Strategy Skills classics)
For this episode, let's revisit one of the classics by Strategy Skills where we discuss what makes a study a "transformation study" and how to determine if an organization is going through a transformation or something else, such as restructuring. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
5/18/2022 • 21 minutes, 47 seconds
472: How to complete logical case studies? (Strategy Skills classics)
For this episode, let's revisit one of the classics by Strategy Skills where we discuss how to complete logical case studies. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
5/16/2022 • 8 minutes, 57 seconds
471: Three career path options for consulting partners (Strategy Skills classics)
For this episode, let's revisit one of the classics by Strategy Skills where we discuss the 3 career path options that consultants face once they become partners. We discuss each career path and what it means for a consultant's career. These are differences that are crucial to know and understand because partner career paths that appear to be more attractive often lead to disappointing results. For example, did you know it is a really bad idea to emulate the career path of all the McKinsey and BCG partners who appear in the McKinsey Quarterly, BCG perspectives, and HBR? This counter-intuitive podcast will explain why. Many consultants don't spend enough time analyzing and considering the implications of following each career path. They take a superficial look at who are the partners most known and respected within the firm and try to emulate those partners. Yet, down the road, they often end up at a dead end. We further address which partner career path you should follow if your goal is to become a CEO one day. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
5/11/2022 • 13 minutes, 13 seconds
470: When should you not brand yourself ex McKinsey (Strategy Skills classics)
For this episode, let's revisit one of the classics by Strategy Skills where we talk about one of the issues that we deal with at Firmsconsulting and which many ex employees of major consulting firms (e.g. ex McKinsey and ex BCG consultants) encounter as they embark on building their own boutique consulting firms or even when they join other consulting firm as employees. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
5/9/2022 • 10 minutes, 38 seconds
469: Great management consultants are artists (Strategy Skills classics)
How do you become an outstanding management consultant? Should you excel at analysis? Should you master problem-solving? Should you become the world's most gifted communicator? You could master all of the aforementioned items and still be an average management consultant at best. Great management consultants have all these skills but they have one more quality that makes them great, they are not just competent business people but they are also artists. For this episode, let's revisit one of the classics by Strategy Skills where we explain the mindset we encourage teams to use on the study. This is the mindset I used in my career and it is very different from what you would expect. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
5/4/2022 • 23 minutes, 21 seconds
468: Tesla's strategy. Co-hosted by Bill Matassoni (Strategy Skills classics)
For this episode, let's revisit one of the classics by Strategy Skills with Bill Matassoni, where we discussed a topic about Tesla's strategy. Every now and then, someone comes along and makes the subject of management both fun and insightful. That’s what Bill Matassoni has done in his memoir—a combination of compelling stories and contrarian substance—that covers his forty-year career selling what he calls “ephemeral things.” In addition to the memoir, Bill plays host to a series of videos that are entertaining, irreverent, and filled with his conviction that marketing is the primary driver of progress in both commercial and social markets. We will soon release Bill Matassoni's memoir and documentary series. If you would like to read a bonus chapter, view advance content and receive other exclusive strategy material, please sign up below. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
5/2/2022 • 33 minutes, 17 seconds
467: Can a functional partner lead the workshop over a sector partner? (Strategy Skills classics)
For this episode, let's revisit one of the classics by Strategy Skills, where we discuss whether a strategy (functional) partner can/should lead the workshop over an energy (sector) partner. There is a difference, and the answer is not obvious. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
4/27/2022 • 19 minutes, 45 seconds
466: Does the strategy workshop offer precise answers? (Strategy Skills Classics)
For this episode, let's revisit one of the classics by Strategy Skills, where we answer a question, "Does the strategy workshop offer precise answers?" Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
4/25/2022 • 14 minutes, 3 seconds
465: How to protect yourself from cyber threats (with Adam Levin)
Welcome to an episode with a recognized expert on cybersecurity, privacy, identity theft, fraud, and personal finance, Adam Levin. In this episode, Adam speaks about various digital threats that individuals and organizations face today. He shares that anyone can be a cyber-crime target: consumers, businesses, companies, or the government. He shares valuable insights about cybersecurity and ways to protect yourself and your organization from cyber-crimes. Adam K. Levin is the Former Director of the New Jersey Division of Consumer Affairs, the founder of CyberScout, and co-founder of Credit.com. He is a graduate of Stanford University and the University of Michigan School of Law. Levin is a sought-after speaker who, during his career in the public and private sectors, has shared his expertise with numerous state and federal regulators and legislative committees, and appeared before a wide variety of organizations—government, law enforcement, public interest, education, human resources, insurance and financial services—throughout the United States and Europe. Levin's mission is to educate consumers, businesses, law enforcement officials, and lawmakers on identity management and protection, privacy, credit, and election security issues. He has appeared on The Today Show, Good Morning America, CBS Evening News, CNBC Closing Bell, MSNBC, Fox Business, Fox & Friends, ABC World News Tonight, ABC News Nightline, PBS Nightly Business Report, and many others. His radio appearances include NPR, ABC News Radio, Bloomberg Radio, the Associated Press Radio, CBS News Radio, 1010 Wins, WTOP and SiriusXM. Levin is also a regular commentator for print and digital journalism, including the New York Times, Associated Press, the Wall Street Journal, the Los Angeles Times, USA Today, and the Chicago Tribune. Check out a fun cybersecurity podcast with Adam Levin: "What the Hack with Adam Levin" is true cybercrime with dad jokes. It’s a no-shame zone for anyone who’s ever been scammed, hacked, phished or cyber-bushwhacked. Every week, it features fascinating people talking about the terrifying, annoying, embarrassing, or infuriating things they’ve experienced online. Join consumer affairs veteran Adam Levin with co-hosts Beau “Hack Me” Friedlander and Travis “Here's What Actually Happened” Taylor for a good story and tips on how to make yourself a little harder to hack. Get Adam's book here: Swiped: How to Protect Yourself in a World Full of Scammers, Phishers, and Identity Thieves. Adam Levin: https://amzn.to/3sKTO42
4/20/2022 • 1 hour, 6 minutes, 21 seconds
464: Should I email the full deck to participants before the strategy workshop? (Strategy Skills classics)
For this episode, let's revisit one of the classics by Strategy Skills, where we answer a question, "Should I email the full deck to participants before the strategy workshop?" Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
4/18/2022 • 13 minutes, 23 seconds
463: What is good marketing? (with Jeff Rosenblum)
Welcome to an episode with one of the leading innovators in digital marketing, Jeff Rosenblum. In this episode, Jeff speaks about effective marketing and advertising that both informs and inspires. He shares how businesses can help customers feel empowered to solve their problems and create a better customer experience. We will learn why businesses that embrace empowerment, transparency, and authenticity are essential in today's marketing world. Jeff Rosenblum is an author, a documentary filmmaker, and an advertising agency founder. He is widely regarded as one of the leading innovators in the field of digital marketing and has worked on teams that have helped revolutionize dozens of industries. Jeff is the co-writer and director of a groundbreaking documentary about the advertising industry's future, The Naked Brand. It reveals the surprising story about corporations' ability to improve the world, one small step at a time. Jeff is the Founding Partner of Questus, a digital marketing agency that has worked with some of the world's most influential brands, including American Express, Apple, Bloomberg, Capital One, Discovery Channel, Disney, Driscoll's, General Mills, Ford, ESPN, The New York Times, Suzuki Motorcycles, The NFL, The Wall Street Journal, Universal Orlando, Verizon and more. When he's not driving his team and his clients crazy, Jeff is on an Advisory Board for the Make-A-Wish Foundation as well as Special Spectators. Jeff and his family built a school in a remote village in Nepal while working with the BuildOn organization. Despite barely graduating college, he has lectured at some of the world's top universities and presented at some of the marketing industry's most influential conferences. Get Jeff's book here: Exponential: Transform Your Brand by Empowering Instead of Interrupting. Jeff Rosenblum: https://amzn.to/3EmxAr5 Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
4/13/2022 • 56 minutes, 42 seconds
462: When consultants overbill a client (Strategy Skills classics)
For this episode, let's revisit one of the classics by Strategy Skills, where we cover a topic about how to handle a difficult client situation and what happens when a strategy firm overbills a client. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
4/11/2022 • 45 minutes, 2 seconds
461: The art of self-coaching and awareness (with Jason Goldsmith)
Welcome to an episode with a globally recognized performance coach, Jason Goldsmith. Get Jason's book here: https://amzn.to/3GVf3ny In this episode, Jason speaks about his experience shifting careers: from running a boat company to becoming a highly sought-after performance coach. We will learn how self-coaching, awareness, and identifying one's purpose can change your perspective, and eventually, your life. For people who always see things in a negative light, constantly doubt themselves, hold themselves back, and make decisions out of fear, this is for you. Jason Goldsmith is the founder of Goldsmith Performance and has coached multiple Major champions and numerous top-fifty golfers. Jason emphasizes combining the mental and physical aspects of optimal performance in high-pressure environments. His accomplishments in golf include assisting Jason Day and Justin Rose in achieving the number-one world ranking and helping Rose win both the Gold Medal at the 2016 Olympics and the 2018 FedEx Cup. Jason is also the president and founder of Mustard, a computer-vision-enabled social platform that is revolutionizing performance coaching by creating proprietary CV/AI technology in partnership with legends Dr. Tom House, Mia Hamm, Drew Brees, Nolan Ryan, Anson Dorrance and several other hall-of-fame coaches and athletes. His practice has expanded into other sports in recent years, including the NBA, MLB, NFL, USTA, Olympic athletes and coaches, Division I and II college athletes, nationally ranked juniors, Fortune 500 executives, and professionals. Take Charge of You: How Self Coaching Can Transform Your Life and Career. Jason Goldsmith. https://amzn.to/3GVf3ny
4/6/2022 • 54 minutes, 19 seconds
460: Are the analyses always the same for a strategy workshop? (Strategy Skills classics)
For this episode, let's revisit one of the classics by Strategy Skills, where we covered a topic about analyses. - Are the analyses always the same for a strategy workshop? In other words, what determines the analyses you should undertake for a strategy workshop? - How does one set objectives for the workshop? - How many strategy workshops should be completed during an engagement? - Why are top-down analyses so important? Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
4/4/2022 • 18 minutes, 9 seconds
459: What if the client demands more analyses? (Strategy Skills classics)
For this episode, let's revisit one of the classics by Strategy Skills, where we cover a topic about what to do if the client demands more analyses. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
3/30/2022 • 22 minutes, 8 seconds
458: What happens if the client asks for proof of the strategy? (Strategy Skills classics)
For this episode, let's revisit one of the classics by Strategy Skills, where we cover a topic about what happens if the client asks for proof of the strategy. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
3/28/2022 • 19 minutes, 44 seconds
457: Embracing diversity in the workplace (with Kay Formanek)
Welcome to an episode with an inspiring speaker, author, and coach, Kay Formanek. Get Kay's book here: https://amzn.to/3EgXNYP Kay Formanek is the Founder and CEO of Diversity and Performance, a company committed to creating new insights and more conscious diversity leaders. She is the author of Beyond D&I, a book that equips leaders with strategic models and practical tools for advancing Diversity Performance in their organization. Kay is a leading authority on diversity and inclusion, a global speaker, board member, contributor to leading business schools, and advisor and expert to various top advisory organizations. She brings over 30 years of experience of navigating diversity journeys and cultural transformations in over 50 organizations spread across the world. She was Partner and Managing Director in Accenture, where she played a crucial role in advancing diversity and inclusion for 25 years. She also assumes the role of Inclusive Leadership Coach and Expert in Aberkyn and McKinsey. Within the framework of her own company, Diversity and Performance BV, Kay has spent the last six years undertaking extensive study and research in the areas of diversity, inclusion, equity, leadership, and purpose. She has collaborated with multiple organizations to develop and test her thinking. Her experience and research led to the development of the anchor diversity models: The Virtuous Circle and the Integrated Diversity Model. Kay believes in the importance of knowledge and personal learning to overcome personal and systemic bias and that personal learning is at the heart of becoming a courageous and inclusive leader of diversity. She has developed the global certification program for corporates, government institutions, professional services organizations, and NGO's entitled "Inclusive Leadership and Mitigating Bias" Certification. Diplomats, ambassadors, D&I practitioners, leaders, professors, and many individuals who wish to play a role in advancing inclusive diversity have attended certifications around the world: Dubai, Singapore, South Africa, Boston, London, Brussels, Amsterdam, and more than 30 other locations. In this episode, Kay spoke about the importance of diversity, inclusion, and equity in an organization. We will learn more about the underlying reason behind why people discriminate, stereotype, and why people have unconscious bias. Beyond D&I: Leading Diversity with Purpose and Inclusiveness. Kay Formanek: https://amzn.to/3EgXNYP Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
3/23/2022 • 56 minutes, 6 seconds
456: How confident must I be to lead the workshop? (Strategy Skills classics)
For this episode, let's revisit one of the classics by Strategy Skills, where we cover a topic about understanding the readiness and level of confidence required to go out there and lead. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
3/21/2022 • 21 minutes, 3 seconds
455: Your body image impacts your confidence, which impacts your leadership (Strategy Skills classics)
For this episode, let's revisit one of the classics by Strategy Skills where we cover a topic that we believe is very important and will resonate with everyone. As always, we focus on critical yet overlooked insights. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
3/16/2022 • 21 minutes, 2 seconds
454: Lifestyle check: Improvement through self-assessment (with Shir Nir)
Welcome to an episode with a master executive coach, Shir Nir. Shir Nir is the CEO & Partner at Handel Group an executive life coaching & corporate consulting company dedicated to teaching people how to realize their personal and professional visions. Shir brings more than 20 years of experience working with executives, teams, and organizations to increase performance and create organizational, personal, and financial growth. Shir is an expert in designing and implementing wide cultural initiatives that evolve an organization and its people. He works with and leads executive teams to impact the results of their organizations and enhance organizational alignment and productivity. He is currently advising several executive teams and senior leaders on topics such as building honest cultures, enhancing organizational success, organizational alignment, leadership development, mergers and acquisitions, strategy, and talent management & development. Prior to working at the Handel Group, Shir was a management consultant as well as a partner and owner of a knowledge management consulting firm where he worked to enable organizations such as UNFPA, Head Start, and PSEG to name a few, to design, develop, and implement knowledge sharing cultures and structures as well as enhance leadership and collaboration. In this episode, Shir talked about the importance of a balanced lifestyle for people, the value of integrity, and how to improve through self-assessment. The Current Reality Quiz https://iu.coach/STRATEGY-CRQ This quiz is the first step in truly designing your dream life when it comes to your career. It breaks out your life into different areas to help you get a better handle (or Handel) on what needs attention, love, and a figurative swift kick. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
3/14/2022 • 47 minutes, 56 seconds
453: How to lead with authenticity (with Sabrina Horn)
Welcome to an episode with an award-winning CEO, communications expert and advisor, Sabrina Horn. Get Sabrina’s book here: https://amzn.to/3oNDHz9 Sabrina Horn is currently CEO of HORN Strategy, LLC, a consultancy focused on helping entrepreneurs and CEOs navigate the early stages of their businesses. She serves as an advisor and board member for a number of organizations and is a frequent speaker at industry forums and leadership conferences. She founded Horn Group, a public relations firm, with $500 and five years’ job experience, becoming one of few female CEOs in Silicon Valley in the early 1990s. Over a quarter century, her firm advised thousands of executives and their companies—from the hottest startups to the Fortune 500—doing so with a special focus on authenticity. Horn Group received national acclaim as Best US Employer and Best US Tech Agency. In 2015, Horn oversaw her firm’s successful acquisition by Finn Partners, a global marketing company. Horn, as a young executive, learned about leadership on the job through two lenses: one, as CEO growing and running her firm, the other, as strategic advisor guiding her clients through their own unique business challenges. Through her journey, she learned that there are no shortcuts to achieving long term business success. Still, she confesses to having made many mistakes, and now in her first book, she shares what she learned about how to make it without faking it. In this episode, Horn talked about the importance of honesty, humility and authenticity for business and humanity, and how leaders find the righteous path forward through this. For leaders or individuals who believe in integrity as success’ recipe, this is for you. Make It, Don’t Fake It: Leading with Authenticity for Real Business Success. Sabrina Horn: https://amzn.to/3oNDHz9 Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo We use affiliate links whenever possible (if you purchase items listed above using our affiliate links, we will get a bonus).
3/9/2022 • 55 minutes, 55 seconds
452: What types of cases can you expect in a consulting interview?
In this episode, we talk about the different kinds of cases you may face in an interview and the techniques you can use to solve them. We also discuss the meaning of market sizing and deregulation cases, and the importance of segmentation. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
3/7/2022 • 12 minutes, 39 seconds
451: Connecting across differences (with Carole Robin)
Welcome to an episode with a highly regarded lecturer, Carole Robin. Get Carole’s book here: https://amzn.to/3lAmUhi Carole Robin, Ph.D. was known as the Queen of Touchy Feely and received the MBA Distinguished Teaching Award and the Silver Apple award for contributions to alumni programming. She was the Dorothy J. King Lecturer in Leadership at Stanford’s Graduate School of Business where she helped to further develop the Interpersonal Dynamics Course including co-developing the Executive version. She also became the Director of the Arbuckle Leadership Fellows Program. When she retired in 2017, a scholarship was established in her name. Subsequently, she co-founded Leaders in Tech, a nonprofit which brings two decades of lessons to Silicon Valley startups. Carole was a partner in an international consulting firm and a senior manager in a Fortune 500 company. She has provided executive coaching, leadership development and executive team building to a wide range of business, government, and nonprofit clients ranging in size from startups to global and Fortune 500 organizations and is currently an advisor on several boards. She is the recipient of two Congressional Awards for Community Service. In this episode, Carole discussed more about “Touchy Feely” and the importance of connecting to people and how it greatly affects an individual real time, or in the future. CONNECT: Building Exceptional Relationships with Family, Friends, and Colleagues. Carole Robin & David Bradford: https://amzn.to/3lAmUhi Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
3/2/2022 • 55 minutes, 14 seconds
450: The different types of interview approaches
In this episode, we spoke about the different interview approaches used by big consulting firms. We also discuss brainstorming, estimation case, and full case, and how cases are conducted—which we know will be very helpful to you and your career. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
2/28/2022 • 15 minutes, 22 seconds
449: Customer empathy: User persona or jobs to be done? (with Michael Sacca and Mike Belsito)
Welcome to an episode with Rocketship.FM hosts, Michael Sacca and Mike Belsito. Michael Sacca is the General Manager at Dribbble.com and co-founder of Rocketship.FM. He was the President at Crew, the freelance design and development marketplace, and former parent company of Unsplash, the popular stock photo website. At Crew he secured key partnerships with Squarespace and the BDC before leading the company through it's acquisition by Dribbble in 2017. His writing has been featured in the Harvard Business Review and his popular product management podcast has been written about in Inc, Forbes, The Huffington Post and Entrepreneur respectively. Mike Belsito is the author of Startup Seed Funding for the Rest of Us and co-founder of Product Collective which organizes INDUSTRY: The Product Conference, one of the largest and top-rated product management conference series anywhere in the world. Mike has been named one of the Top 40 influencers in the field of Product Management on several occasions. Mike also serves as a Faculty member of Case Western Reserve University in the department of Design and Innovation, and is Co-Host of Rocketship.FM. Rocketship.FM is a podcast for entrepreneurs and is part of the Podglomerate network, a podcast company that produces and distributes exciting new shows. In this episode, Michael and Mike spoke about their career journey and how Rocketship.FM and Product Collective started. We will learn more about user personas and jobs to be done framework that most product people apply to better understand their users. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
2/23/2022 • 1 hour, 9 minutes, 50 seconds
448: Look at long term
How do you decide on which firm you want to join? In this episode, we discuss the decision-making criteria for choosing a firm, the three levels of consultant, and the impact of learning from a senior partner in your career. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
2/21/2022 • 14 minutes, 25 seconds
447: The future of collaborative leadership (with Simon Mainwaring)
Welcome to an episode with a sought after international speaker and leader, Simon Mainwaring. Get Simon’s new book here: https://amzn.to/3wxrEZX Simon Mainwaring is the founder/CEO of We First, a strategic consultancy accelerating growth and impact for purpose-driven brands. He’s a member of the Steering Committee of Sustainable Brands, the Forbes Business Council, and a Fellow of the Royal Society of Arts in London. His company We First was included in Real Leaders list for the Top 100 Impact Companies in the US for 2018 and We First was a B Corps ‘Best for The World’ Honoree in 2019. He is a Jury Member at the Cannes Lions Festival for the Sustainable Development Goals in 2021 and a Jury Member of PRWeek’s ‘Purpose Awards’ in 2020. Simon’s first book, We First was named as Best Marketing Book of the Year by strategy+business, was a New York Times, Wall Street Journal, and Amazon bestseller. Simon was a Real Leaders Top 50 Keynote Speakers in the World in 2020, and he has been featured on the cover of the National Speaker’s Magazine (U.S.). Prior to starting We First, Simon spent 15 years as a writer, Creative Director and Worldwide Creative Director at the world’s top creative advertising agencies including Saatchi & Saatchi, Wieden & Kennedy, and Ogilvy working on brands such a Nike, Toyota, and Motorola, receiving over 60 awards at major advertising festivals including the Cannes Advertising Festival, the One Show, the British Design & Art Direction Awards. In this episode, Simon talked about the future of business, how leadership is changing and what leaders need to do today to make a difference and be part of a better future. For leaders and individuals who wants to raise their awareness of the challenges we face today, and how we solve it, this is for you. Lead with We: The Business Revolution That Will Save Our Future. Simon Mainwaring: https://amzn.to/3wxrEZX Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo We use affiliate links whenever possible (if you purchase items listed above using our affiliate links, we will get a bonus).
2/16/2022 • 1 hour, 6 minutes, 40 seconds
446: It's not always about being fast in math
What does it mean when someone tells you that you need to be good at math? In this episode, we discuss the common mistakes when doing math, how to structure your math problems, and what you should do to improve your math skills. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
2/14/2022 • 13 minutes, 2 seconds
445: Why customer experience matters (with Jon Picoult)
Welcome to an episode with a sought-after business advisor and speaker, Jon Picoult. Get Jon’s new book here: https://amzn.to/3H9SM6y Jon Picoult is the founder of Watermark Consulting and a noted authority on customer and employee experience. He helps companies impress their customers and inspire their employees, creating “raving fans” that drive business growth. He worked with some of the world’s foremost brands, personally advising CEOs and other members of the C-Suite and helps organizations capitalize on the power of loyalty, both in the marketplace and in the workplace. His insights have been featured by dozens of media outlets, including The Wall Street Journal, The New York Times, USA Today, The Economist, Inc., NBC News and Forbes. Jon held senior executive roles at Fortune 100 companies – leading service, operations, distribution, technology, sales and marketing. Early in his career, at the age of 29, Jon earned the distinction of becoming the youngest executive officer in the over 150-year history of a leading, global financial services company. In this episode, Jon talked about how his career led to understanding customer experience and how to deliver value that will provide customer satisfaction in any kind of business or industry. For individuals and businesses who want to understand more about providing better customer experience and why it matters, this is for you. From Impressed to Obsessed: 12 Principles for Turning Customers and Employees into Lifelong Fans. Jon Picoult: https://amzn.to/3H9SM6y Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo We use affiliate links whenever possible (if you purchase items listed above using our affiliate links, we will get a bonus).
2/9/2022 • 53 minutes, 23 seconds
444: What is to be a management consultant
In this episode, we discuss the responsibilities of a management consultant, how they should act and how they manage certain kinds of situations. We also cover the type of jobs that management consultants do and the skills they need. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
2/7/2022 • 18 minutes, 16 seconds
443: How the internet disrupted media industries (with Amanda Lotz)
Welcome to an episode with a professor at Queensland University of Technology, Amanda Lotz. Get Amanda’s new book here: https://amzn.to/3jzSLhK Amanda Lotz is an educator, media scholar, and industry consultant. She is known for her expertise in media industries, television studies, digital distribution, the business of media, net neutrality and other aspects of digital media policy. Amanda is a professor at Queensland University of Technology and leads the Transforming Media Industries research project. She is the author, coauthor, or editor of ten books that explore television and media industries including We Now Disrupt This Broadcast: How Cable Transformed Television and the Internet Revolutionized It All, The Television Will Be Revolutionized and Portals: A Treatise on Internet-Distributed Television. Media Disrupted: Surviving Cannibals, Pirates and Streaming Wars (MIT Press, 2021). Her books explore the connections between internet-distributed services as well as the business strategies and revenue models that differ. Her award-winning book, The Television Will Be Revolutionized, now in its second edition, has been translated into Mandarin, Korean, Italian, and Polish. She is frequently interviewed by NPR’s Marketplace, has appeared on BBC, CNN's The Nineties, HuffPost Live, and ZDF (German television network) and been interviewed for articles in the Los Angeles Times, The Guardian, The Atlantic, Christian Science Monitor, the Associated Press, Wired, and Men’s Health among many others. She publishes articles about the business of television at Quartz, Salon, The New Republic, hosted the Media Business Matters podcast, and tweets about television and media @DrTVLotz. In this episode, Amanda talked about the effect of internet and digital technologies to media industries such as television, recorded music, newspaper, and film. For individuals and media practitioners who want to understand more about the impact of internet disruption in media industries and determine its relevance to their organization, this is for you. Media Disrupted: Surviving Pirates, Cannibals, and Streaming Wars. Amanda Lotz: https://amzn.to/3jzSLhK Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo We use affiliate links whenever possible (if you purchase items listed above using our affiliate links, we will get a bonus).
2/2/2022 • 50 minutes, 49 seconds
442: Why confidence is important
In this episode, we discuss the importance of confidence in management consulting and how the lack of confidence will impact your performance in crucial situations. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/31/2022 • 12 minutes, 7 seconds
441: Why you should read Bill Matassoni's memoir (Strategy Skills classics)
For this episode, let's revisit one of the classics by Strategy Skills where we discuss why everyone should read Bill Matassoni's book. Every now and then, someone comes along and makes the subject of management both fun and insightful. That’s what Bill Matassoni has done in his memoir—a combination of compelling stories and contrarian substance—that covers his forty-year career selling what he calls “ephemeral things.” In addition to the memoir, Bill plays host to a series of videos that are entertaining, irreverent, and filled with his conviction that marketing is the primary driver of progress in both commercial and social markets. MARKETING SAVES THE WORLD: Stories Why Capitalism Works. Bill Matassoni Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/26/2022 • 16 minutes, 23 seconds
440: The situation of not having the best undergraduate school
In this episode, we discuss the situation of those people who may not have had the best undergraduate school, are not landing interviews, or do not impress their interviewer too well and how to fix this kind of problem. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/24/2022 • 13 minutes, 29 seconds
439: Kent Taylor, the man behind the success of Texas Roadhouse (with Travis Doster)
Welcome to an episode with the Vice President for Communications of Texas Roadhouse and Kent Taylor's close friend, Travis Doster. Get Kent's new book here: https://amzn.to/30Q9SW7 Kent Taylor was the Founder and CEO of Texas Roadhouse, one of the most successful restaurant chains in America. It was founded in 1993 and is currently operating 647 restaurants in 49 states and 10 foreign countries. In 2016 and 2018, it was recognized by Forbes as America’s Best Large Employer. On the 18th of March 2021, Kent died at the age of 65; just a few months before his book was finally released in the market. In this episode, Travis Doster talks about the humble beginnings of the iconic Casual Dining food chain. He talked about how Kent made out-of-the-box strategies that contributed to the company's legendary success. He also talked about how Kent handled more than 80 rejections as he pitched the idea for his business. For business owners who are facing difficulties during these trying times, this is for you. MADE FROM SCRATCH: The Legendary Success Story of Texas Roadhouse. Kent Taylor: https://amzn.to/30Q9SW7 Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo We use affiliate links whenever possible (if you purchase items listed above using our affiliate links, we will get a bonus).
1/19/2022 • 58 minutes, 1 second
438: Be a professional, don't be a business person
What is your understanding of the consulting culture or philosophy? What do you think defines and separates the top consulting firms from the others? In this episode, we spoke about the real culture of consulting firms apart from what people think it is and what distinguishes great consulting firms from others. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/17/2022 • 24 minutes, 44 seconds
437: How to start shifting to the career you've always wanted - Author Program Q&A 7
Learn more and see the application guidelines: https://www.firmsconsulting.com/experts-published-author-program/ Apply: email team@firmsconsulting.com This is a part of a 10-episode program to help our clients and customers measurably and radically transform their careers through The Author Program. How would your career, reputation, and earnings change as a published author? Imagine your client interactions when potential and current clients saw your thinking in a published book before they met you? Imagine the time you would save not having to explain your ideas and the value you could add to them? Imagine the fee premium you could earn? Imagine avoiding awkward meetings trying to establish your credibility? Imagine how many potential clients would find you and reach out to you? Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/12/2022 • 4 minutes, 51 seconds
436: Exit opportunities
In this episode, we spoke about the reality of exit opportunities in management consulting. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/10/2022 • 15 minutes, 36 seconds
435: What is corporate strategy? (Strategy Skills classics)
For this episode, let's revisit one of the classics by Strategy Skills where we discuss the most important concepts you need to understand in order to advance your career. Be reminded about what is Corporate Strategy and how is it different from the other types of strategies. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/5/2022 • 11 minutes, 22 seconds
434: Brainstorming
This episode discusses what brainstorming is in consulting and what it is not. You will learn what you should actually do when asked to brainstorm. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
1/3/2022 • 9 minutes, 41 seconds
433: How to handle a "horrible" client (Strategy Skills classics)
For this episode, let's revisit one of the classics by Strategy Skills where we answer a question from our audience. Facing a "horrible" client is a common experience in the business world. You could say that it is part of the journey. It can be hard to know what you should do during this situation. But it is exactly in these types of situations that we learn a lot. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
12/29/2021 • 12 minutes, 57 seconds
432: The life on a consulting engagement
In this episode, we spoke about what it is like to be in a management consulting engagement. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
12/27/2021 • 17 minutes, 59 seconds
431: Turn uncertainty into opportunity (with Jonathan Brill)
Welcome to an episode with the former Global Futurist at Hewlett Packard, Jonathan Brill. Get Jonathan's new book here: https://amzn.to/3uG0m2F Jonathan Brill is an expert on resilient growth, innovation, and decision-making during uncertainty. He helps organizations by preparing them to profit from radical change. As a former senior leader in HP, he directed the company's long-term strategy programs. He was also a creative director at Frog Design and the managing partner of innovation firms that created over 350 products. He is currently the managing director at Resilient Growth Partners and a board member at Frost & Sullivan, a major market intelligence firm with offices in 46 countries. He also develops products for both fictional heroes and real people as the Futurist-in-Residence at Territory Studio, the creative visionaries behind the sci-fi tech in Steven Spielberg's Ready Player One, Ghost in the Shell, and Blade Runner 2049. He advises globally on product innovation and resilient growth strategy with clients, including Samsung, Microsoft, Verizon, PepsiCo, the United States government, and the MIT Media Lab. He is an in-demand thought leader, speaker, and contributor to TED, Singularity University, Korn Ferry, JP Morgan, Forbes, and Harvard Business Review. He holds a degree in industrial design from Pratt Institute and has done extensive management training at Stanford University. In this episode, Jonathan talked about how companies could prepare for uncertain times and what they could do to turn these into opportunities for profit and growth. For business owners who want to have a more secure future for their companies, this is for you. ROGUE WAVES: Future-Proof Your Business to Survive and Profit from Radical Change. Jonathan Brill: https://amzn.to/3uG0m2F Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo We use affiliate links whenever possible (if you purchase items listed above using our affiliate links, we will get a bonus).
12/22/2021 • 39 minutes, 43 seconds
430: A degree doesn't define you as analytical
In this episode, we spoke about placing a candidate without a strong background and profile but who stands out for being exceptionally analytical. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
12/20/2021 • 19 minutes, 18 seconds
429: How to write a book even if you're "too junior" - Author Program Q&A 6
Learn more and see the application guidelines: https://www.firmsconsulting.com/experts-published-author-program/ Apply: email team@firmsconsulting.com This is a part of a 10-episode program to help our clients and customers measurably and radically transform their careers through The Author Program. How would your career, reputation, and earnings change as a published author? Imagine your client interactions when potential and current clients saw your thinking in a published book before they met you? Imagine the time you would save not having to explain your ideas and the value you could add to them? Imagine the fee premium you could earn? Imagine avoiding awkward meetings trying to establish your credibility? Imagine how many potential clients would find you and reach out to you? Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
12/15/2021 • 9 minutes, 7 seconds
428: The candidate that we took
In this episode, we spoke about a candidate that we took that did not go well and the important lessons we learned from it. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
12/13/2021 • 20 minutes, 33 seconds
427: Should I wait to publish a solo book? Author Program Q&A 5
Learn more and see the application guidelines: https://www.firmsconsulting.com/experts-published-author-program/ Apply: email team@firmsconsulting.com This is a part of a 10-episode program to help our clients and customers measurably and radically transform their careers through The Author Program. How would your career, reputation, and earnings change as a published author? Imagine your client interactions when potential and current clients saw your thinking in a published book before they met you? Imagine the time you would save not having to explain your ideas and the value you could add to them? Imagine the fee premium you could earn? Imagine avoiding awkward meetings trying to establish your credibility? Imagine how many potential clients would find you and reach out to you? Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
12/8/2021 • 9 minutes, 35 seconds
426: If you speak english
In this episode, we covered a topic about different offices and locations to work if you are an English speaker and its upside and downside you may consider. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
12/6/2021 • 15 minutes, 26 seconds
425: How to build a successful startup (with Matt Blumberg)
Welcome to an episode with the CEO and Co-Founder of Bolster, Matt Blumberg together with his Co-Founder Jack Sinclair. Get Matt's book here: https://amzn.to/3oqmBsv Matt Blumberg is a technology entrepreneur. He spent his entire career creating startups, scaling them, and sharing best practices of what works and what doesn't work for other CEOs and team members in the entrepreneurial community. His innovative email marketing company, Return Path, grew to $100mm in revenues and helped it to a successful exit in a strategic sale to Validity in 2019. Blumberg's company Bolster, an on-demand executive talent marketplace, helps accelerate companies' growth by connecting them with experienced, highly-vetted executives for various roles. It recently conducted a study on Independent Board Members and Board Diversity, which revealed that most early-stage startup boards lack racial and gender diversity as much as boards of more established startups. In this episode, Matt and Jack talked about what is really needed to build a successful startup and maintain a good business to prepare it for scaling up. For those who are thinking of venturing into the world of entrepreneurship and planning to start a company/business, this is for you. STARTUP CXO: A Field Guide to Scaling Up Your Company's Critical Functions and Teams. Matt Blumberg: https://amzn.to/3oqmBsv Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo We use affiliate links whenever possible (if you purchase items listed above using our affiliate links, we will get a bonus).
12/1/2021 • 41 minutes, 58 seconds
424: The importance of communication
In this episode, we discussed why communication is the most critical skill that a consultant must possess and how to effectively communicate in a logical and structured way. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
11/29/2021 • 18 minutes, 5 seconds
423: Step back to move forward (with Kayvan Kian)
Welcome to an episode with a Senior Advisor to McKinsey & Company (Amsterdam), Kayvan Kian. Get Kayvan's book here: https://amzn.to/3kntLLF Kayvan Kian is the founder of the Young Leaders Forum, a program that helps high potential future leaders with the necessary skills, ways of thinking, and insights to become better leaders in a world of constant change. He also has given guest lectures at Harvard Business School, HEC, Sciences Po, and other leading institutions. He believes that we can make this world a better place by sharing hard-fought lessons with each other, that we gained through the most challenging times in our lives. In this episode, Kayvan talked about how to move forward by taking a step back and identifying the things we can control. For those leaders who feel stuck, this is for you. WHAT IS WATER?: How Young Leaders Can Thrive in an Uncertain World. Kayvan Kian: https://amzn.to/3kntLLF Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo We use affiliate links whenever possible (if you purchase items listed above using our affiliate links, we will get a bonus).
11/24/2021 • 41 minutes, 24 seconds
422: Does Having a Child Affect Your Career
In this episode, we discussed about a consultant’s lifestyle and how having a child affect your career, progress, and development. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
11/22/2021 • 18 minutes, 21 seconds
421: What Makes a Good Leader in 2021 (with David Bradford)
Welcome to an episode with the Eugene O'Kelly II Senior Lecturer Emeritus in Leadership at Stanford Graduate School of Business, David Bradford. Get David's new book here: https://amzn.to/3lAmUhi David Bradford is one of the two researchers behind Stanford's most popular class: Interpersonal Dynamics, where students and leaders learn how to greatly improve personal and professional relationships. He has produced six books, numerous articles, three training programs, and a massive open online course on leadership, team performance, and the influence process. He has worked with and helped some of the biggest companies in the world including Hewlett-Packard, Cisco Systems, IBM, Levi Strauss, Raychem, etc. He is currently a member of the Editorial Boards of the Academy of Management Learning & Education, the Journal of Applied Behavioral Science, and the Journal of Management Education. In this episode, David talked about how leaders can shift their way of thinking and have a better approach to managing their organizations. For those leaders who want to learn how to solve their companies' biggest problems, this is for you. CONNECT: Building Exceptional Relationships with Family, Friends, and Colleagues. David Bradford & Carole Robin: https://amzn.to/3lAmUhi Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo We use affiliate links whenever possible (if you purchase items listed above using our affiliate links, we will get a bonus).
11/17/2021 • 48 minutes, 2 seconds
420: Interview with Tom: Sizan's Journey
In this episode with Tom, we talked about Sizan from TCO IV. We discussed her background, experiences, and what we can learn from her journey. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
11/15/2021 • 17 minutes, 5 seconds
419: Is it expensive? Author Program Q&A 4
Learn more and see the application guidelines: https://www.firmsconsulting.com/experts-published-author-program/ Apply: email team@firmsconsulting.com This is a part of a 10-episode program to help our clients and customers measurably and radically transform their careers through The Author Program. How would your career, reputation, and earnings change as a published author? Imagine your client interactions when potential and current clients saw your thinking in a published book before they met you? Imagine the time you would save not having to explain your ideas and the value you could add to them? Imagine the fee premium you could earn? Imagine avoiding awkward meetings trying to establish your credibility? Imagine how many potential clients would find you and reach out to you? Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
11/10/2021 • 10 minutes, 6 seconds
418: What is the ROI? Author Program Q&A 3
Learn more and see the application guidelines: https://www.firmsconsulting.com/experts-published-author-program/ Apply: email team@firmsconsulting.com This is a part of a 10-episode program to help our clients and customers measurably and radically transform their careers through The Author Program. How would your career, reputation, and earnings change as a published author? Imagine your client interactions when potential and current clients saw your thinking in a published book before they met you? Imagine the time you would save not having to explain your ideas and the value you could add to them? Imagine the fee premium you could earn? Imagine avoiding awkward meetings trying to establish your credibility? Imagine how many potential clients would find you and reach out to you? Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
11/8/2021 • 8 minutes, 23 seconds
417: Grow Your Business Via Disruption (with Charlene Li)
Welcome to an episode with a sought-after public speaker and an influential thought-leader, Charlene Li. Get Charlene's new book here: https://amzn.to/2XhSdFv Charlene Li is a guide on digital transformation, leadership, customer experience, and the future of work. Her career is focused on helping people see the future and thrive with disruption. She is currently a Senior Fellow at Altimeter, a Prophet company. In this episode, Charlene talked about how disruption serves as a key element in order for a company to determine their future and set their path to growth. For those who wants to learn more on how to advance through the future, this is for you. THE DISRUPTION MINDSET: Why Some Organizations Transform While Others Fail. Charlene Li: https://amzn.to/2XhSdFv Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo We use affiliate links whenever possible (if you purchase items listed above using our affiliate links, we will get a bonus).
11/3/2021 • 54 minutes, 28 seconds
416: Rethinking Humanity's Beliefs (with April Rinne)
Welcome to an episode with one of the world's leading female futurists, April Rinne. Get April's new book here: https://amzn.to/38iGhFp April Rinne is a navigator in a world of flux. She is guiding individuals and organization operate in these fast-paced changing times. Her solo travels to over 100 countries in a span of 25 years has developed her to see how the world changes and how the trends will be set in the future. April is a well-known advisor of startups, companies, financial institutions, non-profits, think tanks and government agencies around the globe. In this episode, April talked about a few key points that would make us rethink our views and help us be prepared for what's coming in the future. For those who wants to better understand uncertainties in order to anticipate and adapt to what's ahead of us, this is for you. FLUX: 8 Superpowers for Thriving in Constant Change. April Rinne: https://amzn.to/38iGhFp Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo We use affiliate links whenever possible (if you purchase items listed above using our affiliate links, we will get a bonus).
11/1/2021 • 53 minutes, 14 seconds
415: EVERYONE should be the Manager (with Gary Hamel)
Welcome to an episode with one of the world's most influential and innovative business thinkers, Gary Hamel. Get Gary's new book here: https://amzn.to/3DkAvRZ Gary Hamel is the founder of the international consulting firm Strategos and the Director of the Woodside Institute. He has worked with top companies around the world and is a sought-after management speaker. Throughout his career, he has helped numerous companies in designing and building innovation-friendly management practices, tools and platforms. His concepts of "strategic intent", "core competence", "industry revolution" and "management innovation" have changed the management of organizations worldwide. He's been teaching at the London Business School for over 30 years now as a Visiting Professor. In this episode, Gary talked about how some of the largest companies in the world has gone ahead of their competition by implementing radical changes inside their respective organizations. For those leaders who also want to have a drastic improvement in their companies, this is for you. HUMANOCRACY: Creating Organizations as Amazing as the People Inside Them. Gary Hamel: https://amzn.to/3DkAvRZ Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo We use affiliate links whenever possible (if you purchase items listed above using our affiliate links, we will get a bonus).
10/27/2021 • 1 hour, 8 minutes, 8 seconds
414: Startups and their Wrong Decisions (with Tom Eisenmann)
Welcome to an episode with the Howard Stevenson Professor of Business Administration of Harvard Business School, Tom Eisenmann. Get Tom's new book here: https://amzn.to/3Dmxqkl Tom Eisenmann, as a Harvard Business School professor for the past 24 years, has guided over a thousand Harvard Business students and alumni as they launch new ventures up to their success. But not every startup story is like this. In this episode, Tom talked about a glimpse of his new book where he carried out numerous case studies about failed startups. And from these, he found 6 patterns why a lot of startups fail. For those founders, at any stage of their entrepreneurial journey, this is for you. WHY STARTUPS FAIL: A New Roadmap for Entrepreneurial Success. Tom Eisenmann: https://amzn.to/3Dmxqkl Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo We use affiliate links whenever possible (if you purchase items listed above using our affiliate links, we will get a bonus).
10/25/2021 • 49 minutes, 8 seconds
413: How Publishing a Book Fast-Tracked Me to Partnership
Learn more and see the application guidelines: https://www.firmsconsulting.com/experts-published-author-program/ Apply: email team@firmsconsulting.com This is the 1st of a 10 episode program to help our clients and customers measurably, radically transform their careers through The Author Program. How would your career, reputation, and earnings change as a published author? Imagine your client interactions when potential and current clients saw your thinking in a published book before they met you? Imagine the time you would save not having to explain your ideas and the value you could add to them? Imagine the fee premium you could earn? Imagine avoiding awkward meetings trying to establish your credibility? Imagine how many potential clients would find you and reach out to you? Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo
10/20/2021 • 25 minutes, 10 seconds
412: Unleashing Your Employees (with Jeff Kavanaugh)
Welcome to an episode with Jeff Kavanaugh. Get Jeff's new book here: https://amzn.to/3Bfd8Hr Jeff Kavanaugh is the global head for Infosys Knowledge Institute - the research and thought leadership arm of global IT powerhouse Infosys, a leader in digital services and consulting. Aside from speaking on conferences, he also teaches at the Business School of University of Texas at Dallas as an adjunct professor. He serves on boards of the Institute of Business Analytics at Indiana University, and the Marketing Analytics Advisory Board at the University of Texas at Dallas. He is the author of the best-selling book Consulting Essentials. THE LIVE ENTERPRISE: Create a Continuously Evolving and Learning Organization. Jeff Kavanaugh: https://amzn.to/3Bfd8Hr Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo We use affiliate links whenever possible (if you purchase items listed above using our affiliate links, we will get a bonus).
10/18/2021 • 54 minutes, 16 seconds
411: How Data Science Could Boost Your Workforce (with Mike Zani)
Welcome to an episode with Mike Zani. Get Mike's new book here: " data-userid="751940007443001344" data-orgid= "751940008097312768">https://amzn.to/3kskiBp Mike Zani is the CEO of The Predictive Index, a platform that is dedicated to talent optimization using over 60 years of proven science and software. They help businesses in creating high-performing teams, making objective hiring decisions, and inspiring greatness in people. They have 8,000+ clients that includes Bain Capital, Blue Cross Blue Shield, DoorDash, LVMH, Nissan, Omni Hotels, and VMware. In this episode, Mike talks about building effective teams, preparing companies for the future of work, developing strategies for long-term success, and more. THE SCIENCE OF DREAM TEAMS: How Talent Optimization Can Drive Engagement, Productivity, and Happinessby Mike Zani. https://amzn.to/3kskiBp Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo We use affiliate links whenever possible (if you purchase items listed above using our affiliate links, we will get a bonus).
10/13/2021 • 49 minutes, 23 seconds
410: How Tesla was Saved from Bankruptcy (with Tim Higgins)
Welcome to an episode with Tim Higgins. Get Tim's new book here: https://amzn.to/3BiHWai Tim Higgins is a reporter for The Wall Street Journal. He writes about tech and auto companies, mostly about Apple and Tesla. You can see him regularly on CNBC as an on-air contributor. Prior to this, he worked for Bloomberg News as a writer for Businessweek magazine. Throughout his career of covering big businesses and US Politics, he has won multiple Society of American Business Editors and Writers, Inc. (SABEW) Awards, has received an honorable mention from Loeb Awards, and has been a five-time finalist for the Livingston Awards. POWER PLAY: Tesla, Elon Musk, and the Bet of the Century. Tim Higgins: https://amzn.to/3BiHWai Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo We use affiliate links whenever possible (if you purchase items listed above using our affiliate links, we will get a bonus).
10/11/2021 • 48 minutes, 19 seconds
409: How Family Businesses Span Generations (with Rob Lachenauer)
Welcome to an episode with Rob Lachenauer. Get Rob's new book here: https://amzn.to/3iRZ531 Rob Lachenauer is a Managing Partner and the founding CEO of BanyanGlobal. He has been both a consultant and entrepreneur throughout his career. He was a Vice President and Director of BCG for 9 years where he helped multi-national companies plan and implement strategies. He has also worked with family businesses throughout the world by helping them with decision-making while strengthening family relationships. Rob has frequently contributed to the Harvard Business Review, which includes “Making Better Decisions in Your Family Business,” “What Happens When You Lose Your Mentor,” and “Why I Hired an Executive with a Mental Illness.” He also co-authored Hardball: Are You Playing to Play or Playing to Win? with George Stalk. HBR FAMILY BUSINESS HANDBOOK: How to Build and Sustain a Successful, Enduring Enterprise. Rob Lachenauer: https://amzn.to/3iRZ531 Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo We use affiliate links whenever possible (if you purchase items listed above using our affiliate links, we will get a bonus).
10/6/2021 • 53 minutes, 56 seconds
408: Family Businesses During the Pandemic (with Josh Baron)
Welcome to an episode with Josh Baron. Get Josh's new book here: " data-userid="751940007443001344" data-orgid="751940008097312768">https://amzn.to/3iRZ531 Josh Baron is a partner and co-founder of BanyanGlobal, a professor at Columbia Business School, a thought leader, and author of Harvard Business Review Family Business Handbook: How to Build and Sustain a Successful, Enduring Enterprise (HBR Handbooks). He has worked closely with family-owned companies, foundations, and offices for over a decade now. He has been helping these families define their purpose as owners and establish strategies to accomplish their goals. He is also teaching MBA courses on Family Business Management and Managing Conflict in Family Business. He has also written articles for The Huffington Post, Trust & Estates Magazine, and Family Business Magazine, among others. HBR FAMILY BUSINESS HANDBOOK: How to Build and Sustain a Successful, Enduring Enterprise. Josh Baron: https://amzn.to/3iRZ531 Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo We use affiliate links whenever possible (if you purchase items listed above using our affiliate links, we will get a bonus).
10/4/2021 • 1 hour, 1 minute, 50 seconds
407: When promotions end and the runway ends (Monday Morning 8 a.m. #25)
Hello everyone! This is Monday Morning 8 a.m., a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this newsletter, we’re going to focus on four major themes from last week’s news. To listen to the audio version of this newsletter, search for “Strategy Skills” in any podcast app. To get a written copy with links to mentioned articles sign up here: www.firmsconsulting.com/promo
5/17/2021 • 39 minutes, 6 seconds
406: What's going to happen seven moves down the chessboard (Monday Morning 8 a.m. #26)
Hello everyone! This is Monday Morning 8 a.m. (#22), a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this newsletter, we’re going to focus on four major themes from last week’s news. To listen to the audio version of this newsletter, search for “Strategy Skills” in any podcast app. To get a written copy with links to mentioned articles sign up here: www.firmsconsulting.com/promo
5/3/2021 • 20 minutes, 10 seconds
405: If Disney+ is just starting with streaming, where is Disney+ going? (Monday Morning 8 a.m. #24)
Hello everyone! This is Monday Morning 8 a.m. (#22), a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this newsletter, we’re going to focus on four major themes from last week’s news. To listen to the audio version of this newsletter, search for “Strategy Skills” in any podcast app. To get a written copy with links to mentioned articles sign up here: www.firmsconsulting.com/promo
4/21/2021 • 38 minutes, 50 seconds
404: Consulting case interview (McKinsey, BCG, Bain) example: Netflix case, The Consulting Offer
Consulting case interview (McKinsey, BCG, Bain) example: Netflix case, The Consulting Offer Sign up here for free resources: www.firmsconsulting.com/promo
4/13/2021 • 9 minutes, 59 seconds
403: The Philadelphia 76ers and the New Jersey Devils Aren’t Sports Organizations (Monday Morning 8 a.m. #23)
Hello everyone! This is Monday Morning 8 a.m. (#22), a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this newsletter, we’re going to focus on four major themes from last week’s news. To listen to the audio version of this newsletter, search for “Strategy Skills” in any podcast app. To get a written copy with links to mentioned articles sign up here: www.firmsconsulting.com/promo
4/13/2021 • 27 minutes, 51 seconds
402: Tesla is not an electric car company (Monday Morning 8 a.m. #22)
Hello everyone! This is Monday Morning 8 a.m. (#22), a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this newsletter, we’re going to focus on four major themes from last week’s news. To listen to the audio version of this newsletter, search for “Strategy Skills” in any podcast app. To get a written copy with links to mentioned articles sign up here: www.firmsconsulting.com/promo
4/5/2021 • 36 minutes, 40 seconds
401: The unspoken truth about strategy (Monday Morning 8 a.m. #21)
Hello everyone! This is Monday Morning 8 a.m. (#21), a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this newsletter, we’re going to focus on four major themes from last week’s news. To listen to the audio version of this newsletter, search for “Strategy Skills” in any podcast app. To get a written copy with links to mentioned articles sign up here: www.firmsconsulting.com/promo
4/5/2021 • 45 minutes, 46 seconds
400: The six tools of successful leaders (Monday Morning 8 a.m. #20)
Hello everyone! This is Monday Morning 8 a.m., a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this newsletter, we’re going to focus on four major themes from last week’s news. To get a written copy with links to mentioned articles sign up here: www.firmsconsulting.com/promo
3/22/2021 • 32 minutes, 54 seconds
399: The perils of low costs (Monday Morning 8 a.m. #19)
Hello everyone! This is Monday Morning 8 a.m., a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this newsletter, we’re going to focus on four major themes from last week’s news. To get a written copy with links to mentioned articles sign up here: www.firmsconsulting.com/promo
3/15/2021 • 39 minutes, 57 seconds
398: Consulting case interview (McKinsey, BCG, Bain) example: French dairy farm wants to increase revenue
We hope you will enjoy the "Consulting case interview (McKinsey, BCG, Bain) example: French Dairy Farm Wants to Increase Revenue" episode. This is excerpt from TCO IV with Sizan, episode 33. This is a market share case. If we gave Sizan a case about a factory she would find it easier to increase production. But it is not as easy when it comes to dealing with animals. This is a case with production element. The part we expect candidates to see is that this is a case about stealing market share. To steal market share there are 4 things you can do. How do you steal market share? 1. Price 2. Place 3. Promotion 4. Product. The 4 Ps of marketing. You need to think about the case. Ask yourself what are we trying to do. We got a dairy company. We want to sell more. What does it mean to sell more? We basically want to increase our market share. How do we take market share? Every single case can be reduced to either increasing revenue or cutting costs. If you trying to sell more milk, you are trying to increase revenue. This is a revenue case where we specifically want to focus on volume. Milk is a commodity. Even organic milk is a commodity. Remember you need to follow the right process during a consulting case interview when you are preparing and going through interviews with companies like McKinsey, BCG, Bain, Deloitte etc. In fact, learning and mastering this process will also greatly help you when you start working as a management consultant, and even once you exit consulting. You can't just rely on your knowledge and experience. Your experience and knowledge can get outdated, but if you follow the right process you are giving yourself the best chance to be a strong problem solver.
3/9/2021 • 15 minutes, 46 seconds
397: Rethinking M&A (Monday Morning 8 a.m. #18)
Hello everyone! This is Monday Morning 8 a.m., a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this newsletter, we’re going to focus on four major themes from last week’s news. To get a written copy with links to mentioned articles sign up here: www.firmsconsulting.com/promo
3/9/2021 • 37 minutes, 22 seconds
396: Apple disrupts a decades-old value chain migration (Monday Morning 8 a.m. #17)
Hello everyone! This is Monday Morning 8 a.m., a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this newsletter, we’re going to focus on four major themes from last week’s news. To get a written copy with links to mentioned articles sign up here: www.firmsconsulting.com/promo
3/9/2021 • 37 minutes, 9 seconds
395: The single biggest strategy shift for the next few decades (Monday Morning 8 a.m. #16)
Hello everyone! This is Monday Morning 8 a.m., a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this newsletter, we’re going to focus on four major themes from last week’s news. To get a written copy with links to mentioned articles sign up here: www.firmsconsulting.com/promo
2/22/2021 • 38 minutes, 28 seconds
394: Apple car & Amazon's core strategy (Monday Morning 8 a.m. #15)
Hello everyone! This is Monday Morning 8 a.m., a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this newsletter, we’re going to focus on four major themes from last week’s news. To get a written copy with links to mentioned articles sign up here: www.firmsconsulting.com/promo
2/15/2021 • 34 minutes, 1 second
393: Defense is not a strategy (Monday Morning 8 a.m. #14)
Hello everyone! This is Monday Morning 8 a.m., a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this newsletter, we’re going to focus on four major themes from last week’s news. To get a written copy with links to mentioned articles sign up here: www.firmsconsulting.com/promo
2/8/2021 • 31 minutes, 15 seconds
392: How to create a career strategy for an executive (Monday Morning 8 a.m. #13)
Hello everyone! This is Monday Morning 8 a.m., a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this newsletter, we’re going to focus on four major themes from last week’s news. To get a written copy with links to mentioned articles sign up here: www.firmsconsulting.com/promo
2/1/2021 • 35 minutes, 58 seconds
391: The nuances of a private equity strategy
Hello everyone! This is Monday Morning 8 a.m., a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this newsletter, we’re going to focus on four major themes from last week’s news. To get a written copy with links to mentioned articles sign up here: www.firmsconsulting.com/promo
1/25/2021 • 29 minutes, 1 second
390: How to manage up / Manage your manager. Dealing with sensitive situations at work (The Consulting Offer IV)
This is a short excerpt from The Consulting Offer IV with Sizan, episode 31. The Consulting Offer is an in depth series which helps candidates to prepare for consulting case interviews and develop foundational problem solving, leadership and communication skills. All episodes are available to Premium members on StrategyTV.com / apps and to FC Insiders on StrategyTraining.com / apps. Get free training episodes, resources and updates here: https://www.firmsconsulting.com
1/21/2021 • 8 minutes, 35 seconds
389: Fear is not a strategy (Monday Morning 8 a.m. #11)
Hello everyone! This is Monday Morning 8 a.m., a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this newsletter, we’re going to focus on four major themes from last week’s news. To get a written copy with links to mentioned articles sign up here: www.firmsconsulting.com/promo
1/18/2021 • 29 minutes, 1 second
388: One of the biggest strategy shifts ever in the next 10 to 20 years (Monday Morning 8 a.m. #10)
Hello everyone! This is Monday Morning 8 a.m., a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this newsletter, we’re going to focus on four major themes from last week’s news. To get a written copy with links to mentioned articles sign up here: www.firmsconsulting.com/promo
1/11/2021 • 27 minutes, 7 seconds
387: Netflix vs. Disney+ vs. AppleTV vs. HBO Max (Monday Morning 8 a.m. #9)
Hello everyone! This is Monday Morning 8 a.m., a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this newsletter, we’re going to focus on four major themes from last week’s news. To get a written copy with links to mentioned articles sign up here: www.firmsconsulting.com/promo
12/21/2020 • 28 minutes, 33 seconds
386: Consulting case interviews. FIT. The thing you are proud of. McKinsey, BCG, Bain (MBB)
Consulting case interviews, FIT: McKinsey, BCG, Bain This episode is a short piece from a full session available to FC Insiders on StrategyTraining website and apps. If you would like to get access to sample episodes from StrategyTraining website, go to www.firmsconsulting.com/promo #MBB #McKinsey #caseinterviews
12/15/2020 • 14 minutes, 29 seconds
385: What Bob Dylan Teaches Us About Digital Strategy (Monday Morning 8 a.m. #8)
Hello everyone! This is Monday Morning 8 a.m., a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this newsletter, we’re going to focus on four major themes from last week’s news. To get a written copy with links to mentioned articles sign up here: www.firmsconsulting.com/promo
Hello everyone! This is Monday Morning 8 a.m., a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this newsletter, we’re going to focus on four major themes from last week’s news. To get a written copy with links to mentioned articles sign up here: www.firmsconsulting.com/promo
12/7/2020 • 27 minutes, 26 seconds
383: Consulting case interviews. McKinsey, BCG, Bain (MBB) office selection. Australia as a first choice
Consulting case interviews, office selection: McKinsey, BCG, Bain This episode is a short piece from a full session available to FC Insiders on StrategyTraining website and apps. NEW PILOT INITIATIVE - One-on-one advice session with Michael: As many of you know, we have a long waiting list for private coaching with Michael, over 3 years, and a very stringent selection process, very few people are selected. However, we launched a pilot initiative within which a few spots are available now. You are welcome to apply for a one-on-one advice session with Michael. Can be regarding any aspect of your career: helping you develop your career plan, getting Michael's input on specific career challenge you are facing, getting advice on growing/starting your own business, preparing for case interviews, lessons from Lisa's journey to her greencard, etc. To make sure it is a win-win, the advice session is recorded and made available to the FIRMSconsulting community and/or becomes part of FC training content. Additionally, a fee is charged to make this more of a win-win for both parties. This also ensures the seriousness of candidates. This is a very rare opportunity to do a one-on-one session with Michael. If your application is approved you can request additional sessions after your first session, subject to availability. Contact support@firmsconsulting.com for more details and to apply. If you would like to get access to sample episodes from StrategyTraining website, go to www.firmsconsulting.com/promo #MBB #McKinsey #caseinterviews
12/6/2020 • 10 minutes, 55 seconds
382: Strategy Is in the Details (Monday Morning 8 a.m. #6)
Hello everyone! This is Monday Morning 8 a.m., a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this newsletter, we’re going to focus on four major themes from last week’s news. To get a written copy with links to mentioned articles sign up here: www.firmsconsulting.com/promo
11/30/2020 • 24 minutes, 4 seconds
381: 3 reasons why you need a framework when solving a case during a consulting case interview
TCO V Ritika Mohan, Ph.D, joins McKinsey Chicago. An excerpt from one of the episodes we released for our members. Ritika Mohan is a University of Illinois, Urbana-Champaign M.S. & Ph.D., and University of Arizona, Tucson BS graduate who we trained to join MBB Midwestern USA. In The Consulting Offer watch former McKinsey et al senior partners mentor real candidates into the most elite consulting firms. Across 5 seasons, the program has never failed to place a participant. WHAT IS IT: The Consulting Offer is a groundbreaking case interview training program using REAL participants. All training is done by ex-McKinsey, BCG et al partners using the techniques we developed in our 1-on-1 coaching programs where we have an 80% placement rate. Subscribers can watch video recordings of the candidates being trained for McKinsey, BCG and Bain case interviews. The show is now in its 6th season with all seasons available for streaming. There is NO other program in the world with real candidates being trained in real time with the results made public. Everything on StrategyTV.com along with our most advanced strategy programs can be found on StrategyTraining.com. Members can watch all episodes here: https://www.strategytraining.com/tco-v-ritika-mohan-ph-d-joins-mckinsey-chicago Become a member: https://www.firmsconsulting.com/product/premium/ Access FREE training: http://www.firmsconsulting.com/promo
11/29/2020 • 4 minutes, 31 seconds
380: Focus only on valuation is shortsighted (Monday Morning 8am #5)
Hello everyone! This is Monday Morning 8 a.m., a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this newsletter, we’re going to focus on four major themes from last week’s news. To get a written copy with links to mentioned articles sign up here: www.firmsconsulting.com/promo
11/23/2020 • 26 minutes, 34 seconds
379: McKinsey interview feedback. McKinsey USA offer. TCO V Ritika
TCO V Ritika Mohan, Ph.D, joins McKinsey Chicago. An excerpt from one of 25 episodes (episode 24) we released for our members. Ritika Mohan is a University of Illinois, Urbana-Champaign M.S. & Ph.D., and University of Arizona, Tucson BS graduate who we trained to join MBB Midwestern USA. In The Consulting Offer watch former McKinsey et al senior partners mentor real candidates into the most elite consulting firms. Across 5 seasons, the program has never failed to place a participant. WHAT IS IT: The Consulting Offer is a groundbreaking case interview training program using REAL participants. All training is done by ex-McKinsey, BCG et al partners using the techniques we developed in our 1-on-1 coaching programs where we have an 80% placement rate. Subscribers can watch video recordings of the candidates being trained for McKinsey, BCG and Bain case interviews. The show is now in its 6th season with all seasons available for streaming. There is NO other program in the world with real candidates being trained in real time with the results made public. Everything on StrategyTV.com along with our most advanced strategy programs can be found on StrategyTraining.com. Members can watch all episodes here: https://www.strategytraining.com/tco-v-ritika-mohan-ph-d-joins-mckinsey-chicago Become a member: https://www.firmsconsulting.com/product/premium/ Access FREE training: http://www.firmsconsulting.com/promo
11/20/2020 • 12 minutes, 10 seconds
378: How to be a leader (Monday Morning 8 a.m. #4)
Hello everyone! This is Monday Morning 8 a.m., a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this newsletter, we’re going to focus on four major themes from last week’s news. To listen to the audio version of this newsletter, search for “Strategy Skills” in any podcast app. To get a written copy with links to mentioned articles sign up here: www.firmsconsulting.com/promo
11/16/2020 • 26 minutes, 47 seconds
377: How to build a pandemic strategy (Monday Morning 8 a.m. #3)
Hello, everyone! This is Monday Morning 8 a.m., a weekly newsletter where we distill the insights from all of the distractions, articles, and emails that you receive in your inbox every day. In this week’s newsletter, we’re going to focus on one overarching theme—risk—and you’ll see that theme running through all of the big stories this week. So let's see how this new Monday Morning 8 a.m. format goes. Every week we will look at 3-4 themes, or one theme and 3-4 subthemes. What are the big stories and what are the big implications. Let us know if you like or dislike the style. If you're enjoying the Monday Morning 8 a.m., I'd love it if you shared it with a friend or two. You can send them here to sign up. We try to make it one of the best emails/podcasts you get each week, and we hope you're enjoying it. Get written version of Monday Morning 8 a.m. with links to articles we mention: www.firmsconsulting.com/promo
11/9/2020 • 21 minutes, 27 seconds
376: What is Netflix’s real strategy? (Monday Morning 8 a.m. #2)
Hi, everyone. This is Monday Morning 8 a.m., a newsletter that goes out—as you guessed it—every Monday. You can listen to the audio version of this Monday Morning 8 a.m. episode by searching “Strategy Skills” in any podcast app! And you can get written version with relevant links to articles when you sign up on www.firmsconsulting.com/promo (it's free). In this newsletter, we have one goal: to help you distill the insights from the noise out there. So here are the big themes we’re noticing in the news this week and the deep insights you should be extracting from those themes.
11/2/2020 • 30 minutes, 39 seconds
375: The flawed case against Tech? (Monday Morning 8 a.m. #1)
Hi, everyone. This is Monday Morning 8 a.m., an audio version of a newsletter that goes out—as you guessed it—every Monday. You can listen to the audio version of this Monday Morning 8 a.m. episode or sign up for a written version, with links to articles Michael mentioned here: www.firmsconsulting.com/promo
10/28/2020 • 19 minutes, 54 seconds
374: The Secretive World of Samsung, the South Korean Tech Giant. With Geoffrey Cain
An explosive expose of Samsung, one of the biggest and most secretive companies in the world, as the Korean juggernaut battles Apple and Sony to dominate the world of technology. Seen for decades in tech circles as a fast follower rather than an innovation leader, Samsung today has grown to become a market leader in the United States and around the globe. They have captured one quarter of the smartphone market and have been pushing the envelope on every front. In SAMSUNG RISING: The Inside Story of the South Korean Giant that Set Out to Beat Apple and Conquer Tech, Geoffrey Cain offers a penetrating look behind the curtains of the biggest company nobody in America knows. Get sample training episodes from FIRMSconsulting training library at firmsconsulting.com/promo
10/14/2020 • 1 hour, 29 minutes, 15 seconds
373: French Dairy Farm Wants to Increase Revenue Case
We hope you will enjoy the "Consulting case interview (McKinsey, BCG, Bain) example: French Dairy Farm Wants to Increase Revenue" episode. This is an excerpt from TCO IV with Sizan, episode 33. This is a market share case. If we gave Sizan a case about a factory she would find it easier to increase production. But it is not as easy when it comes to dealing with animals. This is a case with production element. The part we expect candidates to see is that this is a case about stealing market share. To steal market share there are 4 things you can do. How do you steal market share? 1. Price 2. Place 3. Promotion 4. Product. The 4 Ps of marketing. You need to think about the case. Ask yourself what are we trying to do. We got a dairy company. We want to sell more. What does it mean to sell more? We basically want to increase our market share. How do we take market share? Every single case can be reduced to either increasing revenue or cutting costs. If you trying to sell more milk, you are trying to increase revenue. This is a revenue case where we specifically want to focus on volume. Milk is a commodity. Even organic milk is a commodity. Remember you need to follow the right process during a consulting case interview when you are preparing and going through interviews with companies like McKinsey, BCG, Bain, Deloitte etc. In fact, learning and mastering this process will also greatly help you when you start working as a management consultant, and even once you exit consulting. You can't just rely on your knowledge and experience. Your experience and knowledge can get outdated, but if you follow the right process you are giving yourself the best chance to be a strong problem solver. Get free sample episodes: firmsconsulting.com/promo
9/20/2020 • 15 minutes, 46 seconds
372: Manage up / Dealing with sensitive situations at work (excerpt from TCO IV with Sizan, episode 31)
This is a short excerpt from TCO IV with Sizan, episode 31. All episodes are available to Premium members on StrategyTV site/apps and to FC Insiders on StrategyTraining site/apps. // FC BOOKS Turquoise Eyes: https://amzn.to/3bzVa6g Marketing Saves the World: https://amzn.to/2xcJqYA Succeeding as a Management Consultant: https://amzn.to/3a3atTn Free training: www.firmsconsulting.com/promo
9/12/2020 • 8 minutes, 49 seconds
371: Competitive advantage in the digital era. Peter Dahlstrom, senior partner at McKinsey
Peter Dahlstrom, senior partner at McKinsey & Company, leads McKinsey’s client and firm communications. As the global leader for McKinsey Digital’s B2C team, he serves leading institutions in the telecommunications, high-tech, media, and fast-moving consumer-goods industries.
8/26/2020 • 55 minutes, 37 seconds
370: Customer strategy, customer loyalty and retention - with Bain & Company's partner Rob Markey
Listen to this thought-provoking discussion between Michael and Rob Markey, Bain and Company's partner.We talk about customer strategy, how should we define the loyalty of a customer, what generates loyalty, what steps do you take to build loyalty in a customer base. Rob Markey, a partner and director at Bain & Company and the founder of the firm’s Global Customer Strategy and Marketing practice. He is a co-author of The Ultimate Question 2.0 and is the host of the Net Promoter System podcast. He is based in New York. https://www.firmsconsulting.com/promo
8/8/2020 • 1 hour, 7 minutes, 4 seconds
369: How to manage like Amazon (with CEO Advisor Ram Charan)
Here is episode 369 from the Case Interviews & Management Consulting iTunes podcast channel, "How to manage like Amazon (with Ram Charan)." Every business wants to succeed like Amazon so we invited New York Times bestselling author & CEO Advisor Ram Charan to talk about How to Manage Like Amazon. From their high-velocity decision-making to their top talent hiring practices to their “Forever Day-1 Culture”, the secrets behind Amazon’s success are now within anyone’s grasp. Find out how Amazon does it and how you can too by listening to this fascinating conversation between Michael and Ram, whom Fortune calls “The most influential consultant alive” and whose book Execution spent 150 weeks on the New York Times bestseller list.
7/28/2020 • 50 minutes, 12 seconds
368: McKinsey senior partner/organization practice global leader, Bill Schaninger
One of the greatest challenges organizational leaders face is successfully leading large-scale change. And who is better to cover this topic than Bill Schaninger, Senior Partner at McKinsey and a global leader of their Organization Practice. Bill focuses on driving large-scale organizational and cultural change for clients across North America, Europe, and the Middle East. Get sample advanced training episodes: http://www.firmsconsulting.com/promo
7/21/2020 • 1 hour, 10 minutes, 31 seconds
367: Predictive problem solving
To celebrate the launch week for Turquoise Eyes: A Novel about Problem Solving & Critical Thinking, until midnight EST 10 June 2020 only, we offer this purchase gift to customers as our way of showing that we're truly thankful that you chose FIRMSconsulting. This is the 1st episode of the accompanying program. To Claim Your Complimentary 1 Month Access to the Accompanying Program: 1) BUY THE BOOK HERE: https://amzn.to/3bzVa6g 2) Reply to this email by midnight June 10 2020 with the following: Your Name Your receipt for the book (Kindle, paperback or hardcover) A Mention of Your Review for the above book If you've left a Review, please include a link - we'd love to read it and sincerely appreciate it. Even if you haven't left an Amazon review but only left Goodreads review, your training program 1 month access will still be sent to you! While we cannot require Amazon review to take advantage of our free gift to you, we would certainly appreciate your feedback and it will be a great way to support the book and FC. YOU CAN LEAVE A REVIEW FOR AMAZON HERE: https://amzn.to/3bzVa6g AND HERE FOR GOODREADS: https://www.goodreads.com/book/show/53252396-turquoise-eyes We look forward to hearing from you! Kris CEO, FIRMSconsulting
5/31/2020 • 28 minutes, 21 seconds
366: When consultants overbill a client
Access free training episodes here: https://www.firmsconsulting.com/promo ►Our FC Insiders Content Website: https://www.strategytraining.com ►Our New Premium Members Content Website: https://www.strategytv.com ►Become Premium Member Here: https://www.firmsconsulting.com/product/premium/ ►Strategy Skills Podcast: https://podcasts.apple.com/us/podcast/strategy-skills-podcast-management-consulting-strategy/id1021817294 ►Management Consulting & Case Interviews Podcast: https://podcasts.apple.com/us/podcast/case-interview-preparation-management-consulting-strategy/id904509526 ►Building and Running a Consulting Firm Podcast: https://podcasts.apple.com/us/podcast/management-consulting/id1478201679?mc_cid=8582ee4e54&mc_eid=[UNIQID] ►Facebook: https://www.facebook.com/Firmsconsulting/ ►Facebook groups: https://www.facebook.com/groups/strategyskills/ and https://www.facebook.com/groups/firmsconsulting/ ►Instagram (company): @firmsconsulting ►Instagram (Kris's personal): @kris.safarova ►Twitter: @firmsconsulting ►Kris's bio: https://www.firmsconsulting.com/kris/ ►Recommended books (paid link) - https://www.amazon.com/shop/firmsconsulting Our e-mail for business inquiries: support@firmsconsulting.com
5/16/2020 • 45 minutes, 45 seconds
365: McKinsey wants me to find a new client or leave
Access free training episodes here (opt-in for free to get access): https://www.firmsconsulting.com ▽►CLICK THE SHOW MORE BUTTON◀▽ ►Our FC Insiders Content Website: https://www.strategytraining.com ►Our New Premium Members Content Website: https://www.strategytv.com ►Become Premium Member Here: https://www.firmsconsulting.com/product/premium/ ►Strategy Skills Podcast: https://podcasts.apple.com/us/podcast/strategy-skills-podcast-management-consulting-strategy/id1021817294 ►Management Consulting & Case Interviews Podcast: https://podcasts.apple.com/us/podcast/case-interview-preparation-management-consulting-strategy/id904509526 ►Building and Running a Consulting Firm Podcast: https://podcasts.apple.com/us/podcast/management-consulting/id1478201679?mc_cid=8582ee4e54&mc_eid=[UNIQID] ►Facebook: https://www.facebook.com/Firmsconsulting/ ►Facebook groups: https://www.facebook.com/groups/strategyskills/ and https://www.facebook.com/groups/firmsconsulting/ ►Instagram (company): @firmsconsulting ►Instagram (Kris's personal): @kris.safarova ►Twitter: @firmsconsulting ►Kris's bio: https://www.firmsconsulting.com/kris/ ►Book Michael mentioned (paid link) - https://amzn.to/2S5Wd3u Marketing Saves the World, Bill Matassoni’s Memoir (Ex-McKinsey senior partner and ex-BCG senior partner, former McKinsey world-wide head of marketing). ►Recommended books (paid link) - https://www.amazon.com/shop/firmsconsulting Our e-mail for business inquiries: support@firmsconsulting.com This video is all about consulting sales, McKinsey sales, consulting, management consulting, sales consulting services, consulting industry, consulting vs industry, business consulting, selling consulting services, sales management, business consulting services, business consulting 101, business consulting career, management consulting 101, business consulting tips, business consulting career, sales management strategy. #mckinseysales #consultingsales #sellingconsultingservices
3/3/2020 • 17 minutes, 37 seconds
364: What should be my company's strategy
https://www.firmsconsulting.com Get free access to some of the episodes from the programs Daniel mentions in this video by registering for free here: firmsconsulting.com or entering your email/name at the top of the home page on firmsconsulting.com
2/27/2020 • 17 minutes, 24 seconds
363: Consulting success beyond what I thought was possible (ex Accenture Strategy Consultant)
https://www.firmsconsulting.com Meet Daniel Ramirez. Ex Accenture strategy consultant, Duke graduate, and an FC Insider. Watch to get practical advice to help you achieve #careersuccess, regardless of if you are trying to become a partner at big 4 (PwC, KPMG, Deloitte, E&Y), at MBB (McKinsey, Bain or BCG), another consulting firm like Accenture or trying to succeed in any organization outside of consulting. Get free access to some of the episodes from the programs Daniel mentions in this video by registering for free here: firmsconsulting.com or entering your email/name at the top of the home page on firmsconsulting.com
2/20/2020 • 21 minutes, 37 seconds
362: How Denise became all star sales manager of the year - Upenn graduate
https://www.firmsconsulting.com We could not be more thrilled to bring out this new episode of "Meet FC Insider" series. Meet Denise Harris, a successful leader, Upenn graduate, and an FC Insider. Denise is an amazing #rolemodel for the FC community. After a difficult start in life, Denise shows that hard work and perseverance can pay off. Apart from being an amazing mother and wife, Denise runs a high performing sales team for her organization, using FC training to move her team's ranking from the average performance to the very top-ranked team across the country. Denise shares her remarkable #successstory. We cover the challenges of being adopted, growing up in a difficult environment, and what steps Denise took to transform her life, #career and team's performance. Watch to get practical advice to help you achieve career success, regardless of if you are trying to make partner at big 4 (PwC, KPMG, Deloitte, E&Y), at MBB (McKinsey, Bain or BCG), another consulting firm or trying to succeed in any organization outside of consulting. Denise also gives actionable and proven advice on how to make the most of the FC training. Don't miss it.
2/13/2020 • 33 minutes, 33 seconds
361: Counseled to leave McKinsey. What must I do?
OUR WEBSITE! https://www.firmsconsulting.com strategic thinking training episodes here: https://www.firmsconsulting.com An episode 361 of Case Interviews and Management Consulting iTunes podcast is here, "Counselled to leave at McKinsey. What must I do?" Case Interviews and Management Consulting podcast is ranked among 5-10 top for careers in many countries worldwide. Enjoy it and let us know your thoughts. Cheers, Kris (CEO, FIRMSconsulting.com) https://www.firmsconsulting.com/kris/ ►Our FC Insiders Content Website: https://www.strategytraining.com ►Our New Premium Members Content Website: https://www.strategytv.com ►Become Premium Member Here: https://www.firmsconsulting.com/product/premium/ ►Strategy Skills Podcast: https://podcasts.apple.com/us/podcast/strategy-skills-podcast-management-consulting-strategy/id1021817294 ►Management Consulting & Case Interviews Podcast: https://podcasts.apple.com/us/podcast/case-interview-preparation-management-consulting-strategy/id904509526 ►Building and Running a Consulting Firm Podcast: https://podcasts.apple.com/us/podcast/management-consulting/id1478201679?mc_cid=8582ee4e54&mc_eid=[UNIQID] ►Facebook: https://www.facebook.com/Firmsconsulting/ ►Facebook groups: https://www.facebook.com/groups/strategyskills/ and https://www.facebook.com/groups/firmsconsulting/ ►Instagram (company): @firmsconsulting ►Instagram (Kris's personal): @kris.safarova ►Twitter: @firmsconsulting ►Kris's bio: https://www.firmsconsulting.com/kris/ ►Recommended books (paid link) - https://www.amazon.com/shop/firmsconsulting Our e-mail for business inquiries: support@firmsconsulting.com
2/6/2020 • 26 minutes, 9 seconds
360: How I developed skills that matter to clients? | Big 4 country head (KPMG, previously PwC)
https://www.firmsconsulting.com Meet Nerses, one of FC Insiders. Nerses is a very successful young man: an amazing father and husband, a #big4 country head of tax and legal (previously #PwC, currently #KPMG). Watch to get practical advice to help you achieve career success, regardless of if you are trying to make partner at big 4 (PwC, KPMG, Deloitte, E&Y), at MBB (McKinsey, Bain or BCG), another consulting firm or trying to succeed in any organization outside of consulting. Get free access to some of the episodes from the programs Nerses mentions in this documentary by registering for free here: https://www.firmsconsulting.com
1/30/2020 • 17 minutes, 31 seconds
359: Great business strategist does not need the best tools
Hi everyone, Today we are sharing with you episode 359 from Case Interviews and Management Consulting iTunes channel: Great business strategist does not need the best tools | Management Consulting
12/5/2019 • 13 minutes, 6 seconds
358: Can you put a price on your strategy skills
Today we are sharing with you episode 358 from Case Interviews and Management Consulting iTunes channel: Can you put a price on your strategy skills MBA competitive strategy
11/26/2019 • 10 minutes, 23 seconds
357: When business insight is less important?
OUR WEBSITE! https://www.firmsconsulting.com Free strategic thinking training episodes here: https://www.firmsconsulting.com ▽►CLICK THE SHOW MORE BUTTON◀▽ An episode 357 of Case Interviews and Management Consulting iTunes podcast is here, "When business insight / strategic insight / strategic thinking is less important?" Case Interviews and Management Consulting podcast is ranked among 5-10 top for careers in many countries worldwide. Enjoy it and let us know your thoughts. Cheers, Kris (CEO, FIRMSconsulting.com) https://www.firmsconsulting.com/kris/ ►Our FC Insiders Content Website: https://www.strategytraining.com ►Our New Premium Members Content Website: https://www.strategytv.com ►Become Premium Member Here: https://www.firmsconsulting.com/product/premium/ ►Strategy Skills Podcast: https://podcasts.apple.com/us/podcast/strategy-skills-podcast-management-consulting-strategy/id1021817294 ►Management Consulting & Case Interviews Podcast: https://podcasts.apple.com/us/podcast/case-interview-preparation-management-consulting-strategy/id904509526 ►Building and Running a Consulting Firm Podcast: https://podcasts.apple.com/us/podcast/management-consulting/id1478201679?mc_cid=8582ee4e54&mc_eid=[UNIQID] ►Facebook: https://www.facebook.com/Firmsconsulting/ ►Facebook groups: https://www.facebook.com/groups/strategyskills/ and https://www.facebook.com/groups/firmsconsulting/ ►Instagram (company): @firmsconsulting ►Instagram (Kris's personal): @kris.safarova ►Twitter: @firmsconsulting ►Kris's bio: https://www.firmsconsulting.com/kris/ ►Book Michael mentioned (paid link) - https://amzn.to/2S5Wd3u Marketing Saves the World, Bill Matassoni’s Memoir (Ex-McKinsey senior partner and ex-BCG senior partner, former McKinsey world-wide head of marketing). ►Recommended books (paid link) - https://www.amazon.com/shop/firmsconsulting Our e-mail for business inquiries: support@firmsconsulting.com — This video is all about business insights, the power of insight, strategic insight, business insight, business insights analyst, business insights essentials, business insight and analytics, good insight, great insight, valuable insights, your insight, an insight, more insight, my insights, insight business, strategic thinking, strategic thinking skills, strategic thought, develop strategic thinking, strategic thinking leadership, strategic thinking tools, becoming a strategic thinker, strategic and analytical thinking, strategic thinking and leadership, developing a strategic mindset, be more strategic, strategic thinking in the workplace, critical and strategic thinking, strategic and critical thinking, teaching strategic thinking, strategic thought process, thinking more strategically, strategic management thinking, creative and strategic thinking, thinks and acts strategically, becoming more strategic, strategic thinking for dummies, the power of strategic thinking, being strategic at work, being a strategic thinker, strategic thinking and decision making, a strategic thinker, strategic analytical thinking, thinking analytically and strategically, strategic thinking at work, strategic thinking and management, strategic and creative thinking, insightful. #businessinsights #strategicinsight #businessinsight
11/10/2019 • 14 minutes, 46 seconds
356: Is McKinsey Digital prestigious? | McKinsey Digital vs. McKinsey Strategy
OUR WEBSITE! https://www.firmsconsulting.com Free training episodes here: https://www.firmsconsulting.com ▽►CLICK THE SHOW MORE BUTTON◀▽ An episode 356 of Case Interviews and Management Consulting iTunes podcast is here (Case Interviews and Management Consulting podcast is ranked among 5-10 top for careers in many countries worldwide). Enjoy it and let us know your thoughts. Cheers, Kris (CEO, FIRMSconsulting.com) https://www.firmsconsulting.com/kris/ ►Our FC Insiders Content Website: https://www.strategytraining.com ►Our New Premium Members Content Website: https://www.strategytv.com ►Become Premium Member Here: https://www.firmsconsulting.com/product/premium/ ►Strategy Skills Podcast: https://podcasts.apple.com/us/podcast/strategy-skills-podcast-management-consulting-strategy/id1021817294 ►Management Consulting & Case Interviews Podcast: https://podcasts.apple.com/us/podcast/case-interview-preparation-management-consulting-strategy/id904509526 ►Building and Running a Consulting Firm Podcast: https://podcasts.apple.com/us/podcast/management-consulting/id1478201679?mc_cid=8582ee4e54&mc_eid=[UNIQID] ►Facebook: https://www.facebook.com/Firmsconsulting/ ►Facebook groups: https://www.facebook.com/groups/strategyskills/ and https://www.facebook.com/groups/firmsconsulting/ ►Instagram (company): @firmsconsulting ►Instagram (Kris's personal): @kris.safarova ►Twitter: @firmsconsulting ►Kris's bio: https://www.firmsconsulting.com/kris/ ►Book Michael mentioned (paid link) - https://amzn.to/2S5Wd3u Marketing Saves the World, Bill Matassoni’s Memoir (Ex-McKinsey senior partner and ex-BCG senior partner, former McKinsey world-wide head of marketing). ►Recommended books (paid link) - https://www.amazon.com/shop/firmsconsulting Our e-mail for business inquiries: support@firmsconsulting.com — This video is all about McKinsey digital, McKinsey digital strategy, McKinsey digital transformation, McKinsey digital assessment, McKinsey digital case interview, McKinsey digital marketing, McKinsey digital youtube, digital disruption McKinsey, McKinsey case interview, McKinsey case interview youtube, McKinsey consulting, McKinsey and company interview, McKinsey strategy, McKinsey strategy consulting, McKinsey strategy book, McKinsey digital strategy, business strategy McKinsey. https://www.firmsconsulting.com **Disclaimer: This video is not sponsored. #mckinseydigital #digitalmckinsey #mckinseydigitalstrategy
11/3/2019 • 15 minutes, 34 seconds
355: McKinsey associate partner recruitment | Joining McKinsey as a principal
"McKinsey associate partner recruitment | Joining McKinsey as a principal" is episode 355 of our Case Interviews & Management Consulting channel. COME HANG OUT WITH US: Youtube / Facebook / Twitter / LinkedIn / Instagram ENGAGE ON FC FACEBOOK AND LINKEDIN GROUPS: Strategy Skills (FB) / Case Interviews (FB) / Strategy Skills (LinkedIn) / Consulting Case Interviews (LinkedIn) WANT TO LEARN FROM FORMER STRATEGY PARTNERS FROM MAJOR CONSULTING FIRMS? SIGN UP FOR ACCESS TO SELECTED EPISODES HERE. https://www.firmsconsulting.com
10/20/2019 • 16 minutes, 15 seconds
354: Management consulting partner recruitment | Trying to join McKinsey as a partner / director
"Management consulting partner recruitment | Trying to join McKinsey as a partner / director" is episode 354 of our Case Interviews & Management Consulting channel. KEEP IN TOUCH: Instagram / Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS FROM MAJOR CONSULTING FIRMS? SIGN UP FOR ACCESS TO SELECTED EPISODES HERE. https://www.firmsconsulting.com
10/12/2019 • 16 minutes, 51 seconds
353: Leader at a boutique consulting firm. Meet FC Insiders series: Bill Graca
In this client documentary you will spend some time with a great client of over 4 years, Bill Graca, and his wonderful family. Bill is a management consultant and discusses his career journey. He talks about the way he has used Firmsconsulting content to both improve his work for clients and the community, and help his firm become more successful. We hope by meeting our clients and learning from their experiences you can increase the value from our library of training programs. Another reason we are introducing this series is we hope that every FC member will be able to find an FC Insider showcased in this series with whom they can particularly relate and learn from. For many members, it is difficult to emulate a partner because the gap in development (and age difference) is so high. Meeting real FC Insiders who are closer to most members’ age and career development stage will hopefully help each member to find some practical advice, guidance, and inspiration that will make a material difference. While we have an enormous amount of case interview videos, podcasts and articles, and continue to build that library, the largest part of FC & Strategytraining.com is the content for consultants, corporate managers and executives guiding them in solving complex problems to accelerate their careers and make a positive difference in the world. Clients like Bill Graca. FC content is streamed in over 150 countries around the world 24 hours a day, 7 days a week. Bill is a remarkable person. He fits our value system, he is a wonderful father and husband, and he works every day to be the best he can be. When we think of the training programs to produce, we often ask ourselves, "What would Bill Graca need, use and find useful for his career, family and community?" *** Sign up for free sample training episodes here: https://www.firmsconsulting.com
8/19/2019 • 32 minutes, 8 seconds
352: Executive coach & Investor Jerry Colonna on his new book, “Reboot: Leadership and the Art of Growing Up"
Listen to FIRMSconsulting's conversation with Jerry Colonna. Jerry's book, Reboot, is launched this week. You can get it here: https://amzn.to/2XljCEt Jerry, venture capitalist turned executivecoach to CEOs of major companies, shares his blend of entrepreneurial straight talk and ancient philosophies thinking to help people overcome their own psychological traumas that hold them back personally and professionally. https://www.firmsconsulting.com
6/18/2019 • 58 minutes, 21 seconds
351: Is there a shift in consulting towards implementation?
Is there a shift in consulting towards implementation? is our response to two listener's questions, "Is there a shift in consulting towards implementation and how do you get the client to implement?" This episode is complimentary and available on iTunes, Youtube, Spotify and many other podcast players. https://www.firmsconsulting.com
6/7/2019 • 16 minutes, 27 seconds
350: McKinsey careers. How do I become a McKinsey Principal
We recently had a coaching session with a client who could become a #McKinsey Principal in about 12 to 24 months. He is currently a McKinsey Associate Principal and has been a long-time client of FIRMSconsulting. He joined our #caseinterview coaching program when he was at Harvard completing an #MBA and we helped him join McKinsey as an associate. This is our 7th year of coaching him and he is a wonderful young man. In this podcast, we are going to summarize some critical advice we offered him, and other McKinsey Principal-level coaching clients, about moving from associate principal to becoming a McKinsey Principal and, thereafter, McKinsey Director. For more info on the FIRMSconsulting platform, visit us at: https://www.firmsconsulting.com Read related article: https://www.firmsconsulting.com/quarterly/mckinsey-principal/
4/19/2019 • 12 minutes, 29 seconds
349: McKinsey careers. How do I join McKinsey Digital?
How do I join McKinsey Digital is episode 349 of Case Interviews & Management Consulting iTunes podcast channel. KEEP IN TOUCH: Instagram / Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS FROM MAJOR CONSULTING FIRMS? SIGN UP FOR ACCESS TO SELECTED EPISODES HERE.
4/9/2019 • 15 minutes, 19 seconds
348: Is an arts or law background worthless to management consulting?
"Career guidance: Is an arts or law background worthless to management consulting?" is episode 348 of our Case Interviews & Management Consulting channel. KEEP IN TOUCH: Instagram / Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS FROM MAJOR CONSULTING FIRMS? SIGN UP FOR ACCESS TO SELECTED EPISODES HERE. https://www.firmsconsulting.com
3/10/2019 • 25 minutes, 2 seconds
347: Why do Western interviewers incorrectly assume Asian males lack confidence
"Why do Western interviewers incorrectly assume Asian males lack confidence" is episode 347 of our Case Interviews & Management Consulting channel. KEEP IN TOUCH: Instagram / Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS FROM MAJOR CONSULTING FIRMS? SIGN UP FOR ACCESS TO SELECTED EPISODES HERE. https://www.firmsconsulting.com
3/5/2019 • 19 minutes, 4 seconds
346: Career guidance: 52 years old, senior manager and not going anywhere
"Career guidance: 52 years old, senior manager and not going anywhere" is episode 346 of our Case Interviews & Management Consulting channel. KEEP IN TOUCH: Instagram / Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS FROM MAJOR CONSULTING FIRMS? SIGN UP FOR ACCESS TO SELECTED EPISODES HERE. https://www.firmsconsulting.com
2/22/2019 • 17 minutes, 44 seconds
345: Consulting Interview Questions. Earning $17 per hour, no degree and dreaming of McKinsey and an MBA
"Consulting interview questions: Earning $17/hour, no degree and dreaming of McKinsey and an MBA" is episode 345 of our Case Interviews & Management Consulting channel. KEEP IN TOUCH: Instagram / Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS FROM MAJOR CONSULTING FIRMS? SIGN UP FOR ACCESS TO SELECTED EPISODES HERE. https://www.firmsconsulting.com
2/8/2019 • 22 minutes, 25 seconds
344: Consulting Interview Questions. What advantage PhD students have over MBAs and undergrads?
"Consulting Interview Questions: What advantage PhD students have over MBAs and undergrads?" is episode #344 of our Case Interviews & Management Consulting iTunes channel, ranked top 5-10 in many countries worldwide for careers. KEEP IN TOUCH: Instagram / Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS FROM MAJOR CONSULTING FIRMS? SIGN UP FOR ACCESS TO SELECTED EPISODES HERE. https://www.firmsconsulting.com
2/3/2019 • 20 minutes, 8 seconds
343: The Consulting Offer participants. Enter Haris
In this episode, we introduce you to another participant from The Consulting Offer IV. KEEP IN TOUCH: Instagram / Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS FROM MAJOR CONSULTING FIRMS? SIGN UP FOR ACCESS TO SELECTED EPISODES HERE. https://www.firmsconsulting.com
2/3/2019 • 8 minutes, 40 seconds
342: The Consulting Offer participants. Enter Francisco
In this episode, we introduce you to another participant from The Consulting Offer IV. KEEP IN TOUCH: Instagram / Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS FROM MAJOR CONSULTING FIRMS? SIGN UP FOR ACCESS TO SELECTED EPISODES HERE. http://www.marketingsavestheworld.com https://www.firmsconsulting.com
1/8/2019 • 20 minutes, 3 seconds
341: TCO Intro participants. Enter Dylan
In this episode, we introduce you to another participant from The Consulting Offer IV. KEEP IN TOUCH: Instagram / Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS FROM MAJOR CONSULTING FIRMS? SIGN UP FOR ACCESS TO SELECTED EPISODES HERE. http://www.marketingsavestheworld.com https://www.firmsconsulting.com
1/5/2019 • 11 minutes, 25 seconds
340: Interview with Bill Matassoni
Every now and then, someone comes along and makes the subject of management both fun and insightful. That’s what Bill Matassoni has done in his memoir—a combination of compelling stories and contrarian substance—that covers his forty-year career selling what he calls “ephemeral things.” In addition to the memoir, Bill plays host to a series of videos that are entertaining, irreverent, and filled with his conviction that marketing is the primary driver of progress in both commercial and social markets. We will soon release Bill Matassoni's memoir and documentary series. If you would like to read a bonus chapter, view advance content and receive other exclusive strategy material, please sign up below. http://www.marketingsavestheworld.com https://www.firmsconsulting.com
11/30/2018 • 46 minutes, 59 seconds
339: Insights from 80% McKinsey & BCG Placement Rate
In this detailed episode we discuss the steps we took to achieve our unprecedented 80% McKinsey & BCG placement rate. This means of all the clients we have admitted, 80% have joined McKinsey or BCG. The remaining 20% have joined other consulting firms, banks, PE, VC, technology firms etc. Firmsconsulting mainly admits candidates with very challenging backgrounds. We seek out clients who have potential but have not always had the opportunity to realize that potential. Therefore, our very high placement rate is not due to having naturally stronger clients. We use advanced and proprietary teaching techniques to bring out the best in clients who are not an obvious fit for McKinsey. This episode will discuss some of those techniques. If you genuinely find our apps/podcasts useful, we would sincerely appreciate if you leave a review for our apps and/or iTunes channels. It can be done anonymously and this small gesture helps us more than you think. To get access to selected episodes from our paid programs opt-in for email updates on MarketingSavesTheWorld.com & FirmsConsulting.com Kris kris @ firmsconsulting.com SIGN UP TO RECEIVE FREE TRAINING VIDEOS HERE KEEP IN TOUCH: Instagram / Facebook / Twitter / LinkedIn / WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
10/28/2018 • 56 minutes, 56 seconds
338: Management Consulting: Your Ego is Your Enemy
Since this is the time of year when FC members are going to be negotiating salaries, attending case interviews and anxiously making decisions, we thought it is a good idea to once again reflect on ethics and values. At times like these many sometimes feel that if they could just cut this corner now, everything will be OK... We want to provide some context for how to make decisions that will not only make you feel better in the long term, but will actually leave you better off financially. In this episode we use some interesting anecdotes from Firmsconsulting to articulate these points. If you genuinely find our podcasts useful, we would sincerely appreciate you leaving a genuine review on iTunes. The mission of Firmsconsulting is to make the world better by arming leaders around the world with the necessary skills to solve mankind's toughest problems. The simple step of leaving a genuine iTunes review will help us greatly in pursuing our mission. Good luck to everyone going through the case interview recruitment process. Kris kris @ firmsconsulting.com SIGN UP TO RECEIVE FREE TRAINING VIDEOS HERE KEEP IN TOUCH: Facebook / Twitter / LinkedIn / Instagram WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
10/14/2018 • 15 minutes, 3 seconds
337: From Africa to MBB (McKinsey, BCG and Bain) Europe - Management Consulting Jobs
Listen to how this bright and talented lady joined MBB Europe, while based in Africa, despite significant odds. She had no business background whatsoever, graduated from a non target school in a developing country, had never even heard of a consulting club and was previously rejected in the 1st round with MBB (MBB = McKinsey, BCG and Bain). She also experienced excessive discrimination in her home country and we discuss this fallout. These are the kinds of clients in which Firmsconsulting specialiazes. Those with great potential but far from an easy path moving forward. If your background is not ideal listen to this client's story to see that everything is possible if you are disciplined and follow the right guidance. If you genuinely find our podcasts useful, we would sincerely appreciate you leaving a genuine review on iTunes. The mission of Firmsconsulting is to make the world better by arming leaders around the world with the necessary skills to solve mankind's toughest problems. The simple step of leaving a genuine iTunes review will help us greatly in pursuing our mission. Good luck to everyone going through the case interview recruitment process. Kris kris @ firmsconsulting.com SIGN UP TO RECEIVE FREE TRAINING VIDEOS HERE KEEP IN TOUCH: Facebook / Twitter / LinkedIn / Instagram WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
10/7/2018 • 51 minutes, 18 seconds
336: Joining McKinsey with a 2.1 GPA
Here we share the very detailed approach we used to place a client, into McKinsey USA, with a 2.1/4.0 GPA. This is the lowest GPA we have ever placed into McKinsey since Firmsconsulting was founded. If you genuinely find our podcasts useful, we would sincerely appreciate you leaving a genuine review on iTunes. The mission of Firmsconsulting is to make the world better by arming leaders around the world with the necessary skills to solve mankind's toughest problems. The simple step of leaving a genuine iTunes review will help us greatly in pursuing our mission. Good luck to everyone going through the case interview recruitment process. Kris kris @ firmsconsulting.com SIGN UP TO RECEIVE FREE TRAINING VIDEOS HERE KEEP IN TOUCH: Facebook / Twitter / LinkedIn / Instagram WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
9/29/2018 • 32 minutes, 52 seconds
335: How to set bold goals
In this #335th and new episode of the Consulting & Case Interviews complimentary podcast, audio version, we continue the conversation started in the previous episode. We discuss a practical example of doing something other people may disagree with. We also touch on idealizing goals (especially during the case interview process) and how to set bold goals while dramatically reducing the pressure. We hope this podcast will make at least a small difference in your career. Kris kris @ firmsconsulting.com SIGN UP TO RECEIVE FREE TRAINING VIDEOS HERE KEEP IN TOUCH: Facebook / Twitter / LinkedIn / Instagram WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
8/9/2018 • 13 minutes, 21 seconds
334: Seeking external validation? How it impacts your case interviews, career and life
In this #334 and new episode of the Consulting & Case Interviews complimentary podcast, audio version, we help listeners understand how seeking external validation impacts your case interviews, career and life. This iTunes podcast channel is routinely ranked in the Top-10 worldwide for careers. Thank you for listening and making us the world's most popular consulting & case interview podcast. Kris kris @ firmsconsulting.com SIGN UP TO RECEIVE FREE TRAINING VIDEOS HERE KEEP IN TOUCH: Facebook / Twitter / LinkedIn / Instagram WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
7/25/2018 • 15 minutes, 51 seconds
333: When to use interviewer-led vs. interviewee-led styles
Hi everyone, In this #333 and new episode of the Consulting & Case Interviews complimentary podcast, audio version, we answer when to use interviewer-led vs. interviewee-led styles. This iTunes podcast channel is routinely ranked in the Top-10 worldwide for careers. Thank you for listening and making us the world's most popular case interview podcast. This podcast is available on our Apps in the complimentary section where NO subscription/membership is needed. Download our Apple and Android Apps, click on browse and scroll to the "Complimentary: no subscription needed" section. You will find the podcast under the "Case Interviews and Management Consulting" channel. If you find FC podcasts helpful, please consider leaving a review for our Apps and/or iTunes channels. We hope this podcast will make at least a small difference in your career. Do not hesitate to post any questions/comments. Until next time, go and make change happen. Learn. Apply. Advance. Kris kris@firmsconsulting.com SIGN UP FOR OUR EMAIL UPDATES HERE & RECEIVE FREE CASE INTERVIEW TRAINING KEEP IN TOUCH: Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
7/8/2018 • 11 minutes, 11 seconds
332: Why is Business Judgment So Hard to Build?
Hi everyone, In this 332nd and new episode of the Case Interview & Management Consulting complimentary podcast we discuss a crucial element that determines success in the case interview process as well as broader business and life. Of course, we are talking here about business judgment. Sincerely, Kris Partner kris@firmsconsulting.com SIGN UP FOR OUR EMAIL UPDATES HERE & RECEIVE FREE CASE INTERVIEW TRAINING KEEP IN TOUCH: Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
3/2/2018 • 12 minutes, 5 seconds
331: Can You Complain About a Bad Case Interview Experience?
This podcast is currently available on our new Apps in the complimentary section where NO subscription/membership is needed. Download our Apple and Android Apps, click on browse and scroll to the "Complimentary: no subscription needed" section. You will find the podcast under the "Case Interviews & Management Consulting" channel. If you find our podcasts useful, we would sincerely appreciate you leaving a genuine review for our Apps and/or iTunes channels. Although this may seem like a small step, these reviews will help us enormously. Our goal is to help our clients solve mankind's toughest problems. The simple step of leaving a genuine review will help us greatly in pursuing our mission. Thank you in advance. Do not hesitate to reach out if you have any questions on how to make the most of FC training or if you have any comments/feedback. Sincerely, Kris Partner kris@firmsconsulting.com SIGN UP FOR OUR EMAIL UPDATES HERE & RECEIVE FREE CASE INTERVIEW TRAINING KEEP IN TOUCH: Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
2/4/2018 • 12 minutes, 49 seconds
330: How to Position an Online Degree?
Hi everyone, In this 330th and new episode of the Case Interview & Management Consulting complimentary podcast, audio version, we discuss how to position an online degree. We address what to consider if you are selecting an online degree to complete and what is important if you are in the process of completing an online degree. We also discuss 2 most important things to get an interview if you are trying to break into consulting with an online degree. This podcast is currently available on our new Apps in the complimentary section where NO subscription/membership is needed. Download our Apple and Android Apps, click on browse and scroll to the "Complimentary: no subscription needed" section. You will find the podcast under the "Case Interviews & Management Consulting" channel. If you find our podcasts useful, we would sincerely appreciate you leaving a genuine review for our Apps and/or iTunes channels. Although this may seem like a small step, these reviews will help us enormously. Our goal is to help our clients solve mankind's toughest problems. The simple step of leaving a genuine review will help us greatly in pursuing our mission. Thank you in advance. Do not hesitate to reach out if you have any questions on how to make the most of FC training or if you have any comments/feedback. Sincerely, Kris Partner kris@firmsconsulting.com SIGN UP FOR OUR EMAIL UPDATES HERE & RECEIVE FREE CASE INTERVIEW TRAINING KEEP IN TOUCH: Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
1/27/2018 • 13 minutes, 46 seconds
329: Confusing Being a Critic for Critical Thinking
Hi everyone, In this 329th and new episode of the Case Interview & Management Consulting complimentary podcast, audio version, we discuss a very common problem of confusing being a critic for critical thinking and how it limits your ability to learn. This podcast is currently available on our new Apps in the complimentary section where NO subscription/membership is needed. Download our Apple and Android Apps, click on browse and scroll to the "Complimentary: no subscription needed" section. You will find the podcast under the "Case Interviews & Management Consulting" channel. If you find our podcasts useful, we would sincerely appreciate you leaving a genuine review for our Apps and/or iTunes channels. Although this may seem like a small step, these reviews will help us enormously. Our goal is to help our clients solve mankind's toughest problems. The simple step of leaving a genuine review will help us greatly in pursuing our mission. Thank you in advance. Do not hesitate to reach out if you have any questions on how to make the most of FC training or if you have any comments/feedback. Sincerely, Kris Partner kris@firmsconsulting.com
1/10/2018 • 10 minutes, 47 seconds
328: Finding Discrepancies with a Partners' Work as Hook for a Networking Call
In this 328th and new episode of the Case Interview & Management Consulting complimentary podcast, audio version, we discuss finding discrepancies with a partners' work as "hook" for a networking call. It is very common for aspiring consultants to read partners' articles to find flaws, in the hope of proving their critical thinking skills, and sharing this with the partner to secure a networking call. We explain what happens in these situations. This podcast is currently available on our new Apps in the complimentary section where NO subscription/membership is needed. Download our Apple and Android Apps, click on browse and scroll to the "Complimentary: no subscription needed" section. You will find the podcast under the "Case Interviews & Management Consulting" channel. If you find our podcasts useful, we would sincerely appreciate you leaving a genuine review for our Apps and/or iTunes channels. Although this may seem like a small step, these reviews will help us enormously. Our goal is to help our clients solve mankind's toughest problems. The simple step of leaving a genuine review will help us greatly in pursuing our mission. Thank you in advance. Do not hesitate to reach out if you have any questions on how to make the most of FC training or if you have any comments/feedback. Sincerely, Kris Partner kris@firmsconsulting.com
1/10/2018 • 8 minutes, 30 seconds
327: Bain's Obsession with Fit and Personality
In this 327th and new episode of the Case Interview & Management Consulting complimentary podcast, audio version, we discuss Bain's obsession with fit and personality during case interviews. Bain does worry about fit and personality. Enormously. Every client we have ever had, on the eve of their Bain interview, we always tell them, "Hey, you have got to understand that Bain worries about fit and personality." And every client, by and large, says, "Yeah, I understand this. Lets move on to cases." You have to understand how important this is because a disproportionate number of clients are rejected at Bain due to fit issues. If Bain is assessing fit at all times, what is a good way to demonstrate fit? This is a question addressed in this podcast. This podcast is currently available on our new Apps in the complimentary section where NO subscription/membership is needed. Download our Apple and Android Apps, click on browse and scroll to the "Complimentary: no subscription needed" section. You will find the podcast under the "Case Interviews & Management Consulting" channel. If you find our podcasts useful, we would sincerely appreciate you leaving a genuine review for our Apps and/or iTunes channels. Although this may seem like a small step, these reviews will help us enormously. Our goal is to help our clients solve mankind's toughest problems. The simple step of leaving a genuine review will help us greatly in pursuing our mission. Thank you in advance. Do not hesitate to reach out to me at kris@firmsconsulting.com if you have any questions on how to make the most of FC training or if you have any comments/feedback. Sincerely, Kris Partner kris@firmsconsulting.com SIGN UP FOR OUR EMAIL UPDATES HERE & RECEIVE FREE CASE INTERVIEW TRAINING KEEP IN TOUCH: Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
10/20/2017 • 9 minutes, 5 seconds
326: 3 Mistakes When Practicing with McKinsey / BCG Consultants
In this 326th and new episode of the Case Interview & Management Consulting complimentary podcast, audio version, we discuss 3 mistakes made by many candidates when practicing with McKinsey and BCG consultants. SIGN UP FOR OUR EMAIL UPDATES HERE & RECEIVE FREE CASE INTERVIEW TRAINING KEEP IN TOUCH: Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
9/30/2017 • 13 minutes, 42 seconds
325: How to Present Accomplishments
In this 325th and new episode of the Case Interview & Management Consulting podcast, audio version, we discuss how to effectively present your accomplishments. SIGN UP FOR OUR EMAIL UPDATES HERE & RECEIVE FREE CASE INTERVIEW TRAINING KEEP IN TOUCH: Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
7/23/2017 • 21 minutes, 3 seconds
324: Major Changes At McKinsey
In this episode we discuss the major ongoing changes at McKinsey, 6 new practices and what it means for your career. We also discuss the questions you need to ask when considering roles at McKinsey Design, Analytics, Implementation etc. SIGN UP FOR OUR EMAIL UPDATES HERE & RECEIVE FREE CASE INTERVIEW TRAINING KEEP IN TOUCH: Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
4/10/2017 • 28 minutes, 14 seconds
323: Change to McKinsey Salaries
Michael and Tom discuss another concerning change within McKinsey: an adjustment to McKinsey salaries, which is very subtle but interesting. SIGN UP FOR OUR EMAIL UPDATES HERE & RECEIVE FREE CASE INTERVIEW TRAINING KEEP IN TOUCH: Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
9/28/2016 • 14 minutes, 36 seconds
322: McKinsey's Eroding Culture
Michael and Tom talk about a major and troubling change in the language McKinsey has started using in their performance evaluations. We discuss what it indicates for McKinsey's future. SIGN UP FOR OUR EMAIL UPDATES HERE & RECEIVE FREE CASE INTERVIEW TRAINING KEEP IN TOUCH: Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
9/26/2016 • 22 minutes, 4 seconds
321: Leaving McKinsey Not in Good Standing
Michael and Tom talk about a new concerning change in up or out procedures in one of McKinsey's North American offices, which was unfolding over the last 6 months. We discuss what impact will this have if action is not taken to stop this practice. SIGN UP FOR OUR EMAIL UPDATES HERE & RECEIVE FREE CASE INTERVIEW TRAINING KEEP IN TOUCH: Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
8/21/2016 • 21 minutes, 43 seconds
320: How Firms Compete
The story Michael and Tom will talk about today, a major consulting firm suing McKinsey, is a real life example of how firms compete behind the scenes. SIGN UP FOR OUR EMAIL UPDATES HERE & RECEIVE FREE CASE INTERVIEW TRAINING KEEP IN TOUCH: Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
8/5/2016 • 24 minutes, 51 seconds
319: Managing Extreme Fatigue and Stress
Michael and Tom discuss how to manage extreme fatigue and stress. SIGN UP FOR OUR EMAIL UPDATES HERE & RECEIVE FREE CASE INTERVIEW TRAINING KEEP IN TOUCH: Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
Michael and Tom discuss the new policy change introduced by McKinsey related to selection of McKinsey office leaders. We discuss why it could have been introduced and how it may impact McKinsey. SIGN UP FOR OUR EMAIL UPDATES HERE & RECEIVE FREE CASE INTERVIEW TRAINING KEEP IN TOUCH: Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
7/16/2016 • 14 minutes, 17 seconds
317: How Sizan, TCO IV Female Minority, Pulled It Together
In this podcast Michael and Tom, Darden EMBA, talk about Sizan and her one of a kind story. Sizan is a participant in TCO IV. SIGN UP FOR OUR EMAIL UPDATES HERE & RECEIVE FREE CASE INTERVIEW TRAINING KEEP IN TOUCH: Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
7/5/2016 • 18 minutes, 48 seconds
315: Critical Reason Zach’s Presence in TCO III Ended
In this podcast we continue to experiment with a new format. Meet Tom, Darden EMBA, who is going to co-host the next few Case Interview podcasts with us. In this podcast we discuss the subtle but very important reason Zach’s presence in TCO III ended. Zach is the 2nd participant in The Consulting Offer III. SIGN UP FOR OUR EMAIL UPDATES HERE & RECEIVE FREE CASE INTERVIEW TRAINING KEEP IN TOUCH: Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
6/28/2016 • 21 minutes, 50 seconds
314: How Firms Judge Candidates During Case Interviews
In this podcast we discuss how interviewers judge candidates during case interviews. Specifically we look at how they determine whom are the top candidates. SIGN UP FOR OUR EMAIL UPDATES HERE & RECEIVE FREE CASE INTERVIEW TRAINING KEEP IN TOUCH: Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
6/17/2016 • 16 minutes, 23 seconds
313: How to Put Client First the Right Way
This podcast, and related article, explains how to put the client first the right way. SIGN UP FOR OUR EMAIL UPDATES HERE & RECEIVE FREE CASE INTERVIEW TRAINING KEEP IN TOUCH: Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
6/8/2016 • 4 minutes, 50 seconds
312: How to Be Likeable
In this podcast we talk about one critical lesson from TCO III / IV: how being likeable effects one's performance during consulting case interviews. SIGN UP FOR OUR EMAIL UPDATES HERE & RECEIVE FREE CASE INTERVIEW TRAINING KEEP IN TOUCH: Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
5/31/2016 • 15 minutes, 44 seconds
311: Why Value-Based Fees Seldom Work
In this podcast, and related article, we are going to talk about value-based fees. And I am going to explain to you why value-based fees seldom work. We will also explain why value-based fees are misunderstood. And they are misunderstood in a very fundamental way. Value-based fees can only work if certain supply and demand conditions in the market are met, or if your client is naïve. If a consulting firm understands this concept, they have a higher probability of securing higher-margin value-based fees. SIGN UP FOR EMAIL UPDATES HERE & RECEIVE FREE STRATEGY TRAINING PODCASTS: If you enjoy our podcasts, we will appreciate if you visit our Case Interviews podcast or Strategy Skills podcast on iTunes and leave a quick review. It helps more people find us. COME HANG OUT WITH US: Facebook / Twitter / LinkedIn WANT TO LEARN FROM FORMER STRATEGY PARTNERS? REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
5/20/2016 • 7 minutes, 6 seconds
310: Sales and Client Relationships
A very common strategy for a management consulting firm to displace an incumbent and serve a client is to show an problem / insight / opportunity that the client has not realized before. Unfortunately, this does not work that well in building client relationships and driving sales. In fact, a brilliant insight by itself may even lead to more work for the competition. In this podcast, and related article, we discuss this issue and address how to fix it. SIGN UP FOR EMAIL UPDATES HERE & RECEIVE FREE CASE INTERVIEW TRAINING COME HANG OUT WITH US: Facebook / Twitter / LinkedIn FOR MORE DETAILS ON HOW TO PREPARE FOR CASE INTERVIEWS OR ON HOW TO CONDUCT STRATEGY, OPERATIONS OR IMPLEMENTATION CONSULTING STUDIES REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
5/13/2016 • 6 minutes, 45 seconds
309: How to Manage Failure
In this podcast, and related article, we discuss how to manage failure. SIGN UP FOR EMAIL UPDATES HERE & RECEIVE FREE CASE INTERVIEW TRAINING COME HANG OUT WITH US: Facebook / Twitter / LinkedIn FOR MORE DETAILS ON HOW TO PREPARE FOR CASE INTERVIEWS OR ON HOW TO CONDUCT STRATEGY, OPERATIONS OR IMPLEMENTATION CONSULTING STUDIES REFER TO THE FIRMSCONSULTING ORIGINAL TRAINING PROGRAMS.
5/7/2016 • 7 minutes, 41 seconds
308: How to Resign
In this podcast, and related article, I discuss how to resign, and especially how to resign if you are part of the inner circle of the firm and office.
The business model of McKinsey, BCG and that of other firms expects this. When not expected at your firm, it is even more important you handle this correctly.
If you are part of the inner circle most of the best practices you read about will not apply to you. Most of the company rules and guidelines will certainly not apply to you.
I also discuss some ways in which members of my inner circle resigned. Never ever repeat their mistakes.
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4/20/2016 • 15 minutes, 58 seconds
307: Building Client Relationships
The importance of gaining a client's trust via a solid reputation in the market places a premium on leaders who are skillful in building client relationships. No one would expect a consulting firm with poor reputation to thrive. After all, any firm's future is only as bright as its reputation in the market.
It takes a strategic eye to focus on building client relationships for the long-term, even if it means sacrificing some revenue, and individual compensation, in the short-term. In this podcast we talk about how we approach building client relationships. More specifically, we discuss how we handle negotiating fees with clients. We dive into:
Should you consider competing on price?
What competing on price does to your firm?
If you compete on price what signal are you sending to the client?
Competing on price may bring in some extra revenue in the short-term, but will be damaging to the health of your business in the medium and long-term. Hence, competing on price actually destroys value and should be avoided.
However, if you are a small boutique consulting firm and you choose not to compete on price, how should you compete? In this podcast we also share with you an alternative to competing on price that works for us.
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4/8/2016 • 11 minutes, 13 seconds
306: Developing Emerging Leaders
The Emerging Leaders Program (also called Emerging Fellows Program) is a scholarship we award to promising students from disadvantaged backgrounds. We help them plan their studies, select schools and map out their entire path to elite consulting firms, and beyond. We carefully train and groom them. This is a significant scholarship and we have high expectations.
In this podcast (and related article), using Sveta’s story, we discuss what we expect of scholarship recipients and why we have this expectation. We also discuss how we develop young people with tremendous potential.
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4/1/2016 • 12 minutes, 44 seconds
305: Why Female PhDs dominate The Consulting Offer
In every single season of The Consulting Offer female PhDs have dominated the show through their skills, learning pace and performance.
And they have all been foreign. Two are Chinese and one is Nigerian.
In this podcast we discuss why this may be the case. Why does this one group do so well over MBAs and undergraduates despite the general consensus that PhDs are weaker in cases.
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3/24/2016 • 10 minutes, 44 seconds
304: What is the right resume format?
This is a frustrating topic for many reasons. You will see it cropping up in TCO III a lot, and hurting one participant significantly.
Therefore, we want to address this topic via a podcast and hope it never comes up again.
Too many clients want to use a resume format because it (1) looks good, (2) was recommended by the school, (3) they spent a lot of time on it, (4) it is a better use of space or (5) they cannot understand why it should change. In this podcast we explain why a bad (in your opinion) resume format needs to be evaluated using very different metrics.
This is an important podcast. Listen to it.
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3/17/2016 • 7 minutes, 50 seconds
303: 29.9% of clients who did not join MBB
Most firms only talk about their successful clients. They talk about clients who end up joining McKinsey, BCG and Bain (MBB).
We are different.
We believe it is important to talk about those case interview coaching clients who did not make it. 29.9% of our clients wanted to join McKinsey, BCG and Bain but ended up in industry, other consulting firms or government.
What happened?Who is accountable for this result?Is it an error?What could we have done better?Is a 100% placement rate for MBB even possible, while brining in development candidates?
We discuss all of the above and more in this brutally honest podcast.
Note: Our placement rate fluctuates all the time as we have case interview coaching clients going through case interview process with MBB on a continuous basis. So at various points of time, even within the same week, you may see a different placement rate being reported. However, the placement rate for MBB is hovering around 70%, which is the highest in the industry.
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3/11/2016 • 11 minutes, 14 seconds
302: The Next Generation of Partners
In this podcast I relate an experience I had with a young partner we have in China, Amy. This may seem like a small incident but to me it explains the reason why older partners need to bring in younger partners with a different worldview, different skills and different definition of what is normal.
The true mark of an effective partnership is trust. And trust explicitly at the time when you have no idea what will happen but you believe in the judgment of a fellow partner. And the key to trust is finding people who share the same values and intellect.
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2/16/2016 • 10 minutes, 17 seconds
301: Many Applicants Misunderstand McKinsey BTO
Most applicants have the wrong impression of McKinsey BTO. And through this wrong impression they are missing an opportunity to pursue a wonderful consulting career.
In this podcast, and related article, we discuss how McKinsey BTO is similar to the generalist role, how the market values a McKinsey BTO background and how the future of business will impact the value of a McKinsey BTO background.
Where it matters, McKinsey BTO is no different from strategy and operations.
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2/12/2016 • 9 minutes, 12 seconds
300: Big Data is Changing Case Interview Coaching
We have worked with over 700 case interview coaching clients and that rises to over 800 if you include active clients. We have kept meticulous records on each client. Searching for correlations/patterns/trends within that database has opened up an entirely new way to assess and guide clients.
Client behaviour and attributes we had previously considered unimportant takes on a whole new meaning when run through the model. We use this model extensively at Firmsconsulting.
In this podcast we discuss just a few insights from the database. We wonder why consulting firms are not doing the same?
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2/2/2016 • 14 minutes, 15 seconds
299: Best consultants are rarely the best case interview coaches
In this podcast, and related article, we discuss a common mistake candidates make. They assume because a consultant has a reputation for being a good consultant they will make a great case interview practice partner or an effective case interview coach. This is very far from the truth.
Teaching is a skill. Great expertise at doing x does not at all imply great teaching skills for x.
We see this most clearly in sports and even universities. The greatest sports coaches may have been good at the sport in their youth, but they were rarely the stars. The same applies in universities, the greatest researchers are often poor teachers.
Picking a good consultant to be your case interview coach offers superficial comfort, but often does not help you much.
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1/26/2016 • 5 minutes, 37 seconds
298: How to Not Ask a Partner for Help!
This podcast is based on an interaction I had recently, over email, with a student. The student made critical mistakes in handling the interaction. By listening to this podcast you can avoid them and network better with partners.
This is a great example of how to not ask a partner for help. The reality is that if he were simply less pushy, more attentive and respectful, I would have certainly have helped him.
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1/19/2016 • 7 minutes, 3 seconds
297: How to be Productive
We receive many emails with questions about how to be productive. In this podcast, which builds on other points about this topic we have previously made, we discuss 6 other areas to consider.
(1) Time management,
(2) Managing obstacles,
(3) 90% rule,
(4) When to work,
(5) Focus and
(6) Why to work.
Point 6 is particularly important. Many of the things we do at Firmsconsulting are never started with the intention to generate profits, and some never will. We maintain 3 iTunes channels, more than most firms, and we do it because we enjoy it and want to share our vast knowledge as partners. That is one of the most important lessons, which we will discuss today.
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1/12/2016 • 22 minutes, 29 seconds
296: The Lesson in Choosing to Resign
When I was an associate and had just joined the firm from a boutique firm, many of my colleagues from the boutique firm were also looking for new roles. Some of them were outstanding and others were terrible. Shortly after I joined the firm it was announced that some of the terrible consultants had been made offers to join the firm.
In this podcast I explain why I resigned, how the firm reacted and what both actions tell us about how we should make career choices.
It is never ever about the money. If you choose money in the short-term, you will be less wealthy in the long-term, and vice-versa.
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12/15/2015 • 13 minutes, 4 seconds
295: Why Some Firms Have Too Many Interviews
Have you ever applied to a firm that wants you to interview with 7 to 12 people? They will tell you this is because they are careful or because everyone must have a say in the decision. None of that is true.
In this podcast we explain why the need for multiple interviews is a symptom of a firm that does not know what it wants and therefore cannot make a decision. Increasing the number of interviewers simply removes the accountability from any one person for making a decision, because, with no clear guidelines, no one can or wants to make a decision.
It is easier to be part of 12 people making a decision versus being the sole arbiter whom will be accountable. No one wants that burden when the goalposts keep moving.
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12/8/2015 • 6 minutes, 20 seconds
294: BCG Middle East's Promotion Policy Hurts the Firm
When Booz was acquired by PwC, many consultants joined rival firms. BCG Middle East was a major recipient of Booz employees. In this podcast we explain a promotion tenure limit imposed by the BCG Middle East practice, which we believe was driven by the hiring of so many Booz consultants, and, with greatest respect to BCG, hurts the firm and its culture.
We discuss the policy, why it defeats the principle of demonstrated competency and why it implies that BCG Middle East values the opinions of another firm disproportionately. We feel this policy should change.
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12/1/2015 • 7 minutes, 34 seconds
293: Managed out of McKinsey & BCG?
Too many clients panic when they are managed out of McKinsey, BCG or Bain. They assume the worst and imagine a tattered reputation. This could not be further from the truth.
In this podcast we explain why it is in McKinsey’s and BCG’s best interest to never disclose you were managed out. It is part of their business models that the market never knows you may have been the world’s most ridiculous consultant.
So, if you are being managed out, relax. You will be ok.
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11/24/2015 • 6 minutes, 7 seconds
292: Sveta’s Internship Experiences
In this podcast we discuss the most recent experiences of Sveta, a scholarship holder in our Emerging Fellows program. Sveta hails from a tiny village in the far north-east of Siberia. We helped her join the #1 school in Moscow, moved her to a Grand Ecole in France and she recently joined MBB.
In this podcast we discuss the obligations of the Fellows to spend at least 2 months per annum in their home countries to help with critical development issues. You will find that it takes an enormous amount of influencing to make this happen, and that is normal. Sveta is like any young adult. She wants it all, and we just need to guide her along.
NOTE: Please note that we always change some of the details about clients to protect their identities.
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11/17/2015 • 16 minutes, 15 seconds
291: Bill Matassoni Interview, BCG and McKinsey Senior Partner
This is an exclusive interview that Bill recently had with Firmsconsulting where he shared some counter-intuitive concepts you will not hear anywhere else. Bill was the partner who helped develop and implement the McKinsey philosophy that helped the firm pull ahead of BCG in the 1980’s and 1990’s. He was thereafter the partner who led BCG’s efforts to overtake McKinsey. Why are we releasing this on the first day of the year? We want you to take an aggressive hold of your career this year and begin investing in your future from the first day of the year. This insightful, inspiring and counter intuitive podcast explains the steps McKinsey took in the 1980’s to reposition the firm. To be exceptional, planning is meaningless unless you know what to plan. You need a point of differentiation and you need to consistently drive that difference. Related: - What is comparative advantage in your career - You can find related videos here: Strategy Library
10/25/2015 • 1 hour, 7 minutes, 7 seconds
289: Strategy storyboards after just 5 days?
This podcast introduces the new and comprehensive consulting business case + financial analyses + financial modelling training we are about to release. In particular I discuss my internal consulting training and my very first study leading the business case. Contrary to what you may think, the training at McKinsey and BCG can be weak and contain many flaws. This podcast explains how we built on the training at these firms to develop something far more effective. Related: - Live-blogging a Financial Service Stratey Study - You can find related video here: Strategy Library
10/19/2015 • 10 minutes, 5 seconds
288: New consulting business case training
This podcast introduces the new and comprehensive consulting business case + financial analyses + financial modelling training we are about to release. In particular I discuss my internal consulting training and my very first study leading the business case. Contrary to what you may think, the training at McKinsey and BCG can be weak and contain many flaws. This podcast explains how we built on the training at these firms to develop something far more effective. Related: - Live-blogging a Financial Service Stratey Study - You can find related video here: Strategy Library
10/13/2015 • 9 minutes, 57 seconds
287: Why consulting stars are never managers
This podcast explains how teams are assembled and the role given to consulting stars. Many assume being the manage means you are the best performer. That could not be further from the truth. Related: Learn more about consulting from our leadership publicationFirmsconsulting Quarterly
10/7/2015 • 10 minutes, 49 seconds
286: Consulting Financial Analyses vs Modelling
Consulting financial analyses is not at all the same as financial modeling. This podcast explains how they fit into business cases. Related: - You learn amazing details from our Live-blogging a Financial Service Stratey Study - You also learn financial modeling with videos and ppts from our Strategy Library
10/1/2015 • 12 minutes, 37 seconds
285: Why coding is overrated: LAB Study
The CEO of LAB asked us to provide some perspective on three questions. (1) Should LAB, a bank, make coding a mandatory skill-set for new hires? (2) How should LAB position itself against other development finance banks? (3) What is the main benefits case we see in the study? Question 3 was answered in the live blog. Question 2 will be answered in the live-blog soon. This is the answer to question 3. Related: - You learn about LAB study from our Live-blogging a Financial Service Stratey Study - You also learn financial modeling with videos and ppts from our Strategy Library
9/25/2015 • 17 minutes, 4 seconds
284: Big Changes to Firmsconsulting website
This podcast explains the member changes we will soon make to the Firmsconsulting website. We are rolling out a new way to track contributions from members and reward members for their contributions and support.
9/19/2015 • 8 minutes, 34 seconds
283: Why tier-2 firms operate like Nigerian Gangsters
This slightly humorous podcast draws an analogy to Nigerian gangsters (or is it “gangstas”) in a famous sci-fi movie and software counterfeiters to explain the problems tier-2 firms create in their obsession to replicate BCG’s analytics tools, toolkits and templates. Related: You can find previous in-depth discussion and comments on our site.
9/13/2015 • 8 minutes, 23 seconds
282: Why Tier-2 firms will never catch BCG or McKinsey
This podcast explains the common mistake all rivals, tier-2 firms, to McKinsey and BCG make: they value the wrong skills BCG has. This podcast explains the 4 capabilities a firm must have and how to use them: (1) Values (2) Strategy approach (3) Analytics (4) Ability to draw insights We can all agree that everyone is obsessed with the analytics at their peril. Tier-2 firms are truly shocked when they apply the same analytics as McKinsey but get a different result and still cannot raise their standing in a client's eyes. There is a reason for that. Related: - Interview a Deloittee Strategy and Operation Principal - Deloitte IT Strategy and McKinsey BTO
9/7/2015 • 14 minutes, 10 seconds
281: Are you a consulting leader?
Many of us rely on titles to determine if we becoming leaders in a consulting firm. This podcast provides a more important of definition of consulting leadership: who does the consulting firm turn to in times of crises and how do they do so? In fact, you will see that a leader in a consulting organization can be as young as an analyst and a partner may not be a leader. In fact the level of candor between you and the existing leadership is the only measure that matters. This podcast explains this concept with various examples Related: - Competing with a high performing consultant - Learn all about consulting from our Consulting Offer
9/1/2015 • 13 minutes, 26 seconds
280: Consulting EQ
Those of you who follow my podcasts would know that I place an incredible amount of emphasis on not just being good at structuring issues and analyses, but also the way you manage people: consulting EQ. Learn more about the consulting EQ here Related: - Detailed videos about consulting EQ (managing, communication, motivating, coaching and mentoring clients and consultants) can be found in our detailed corporate strategy training library
8/26/2015 • 15 minutes, 17 seconds
279: Sell-On Strategy Work
What happens if you are doing a smaller study, but you identify an opportunity to sell-on a larger, more lucrative and glamorous strategy study? In this podcast I explain how the opportunity for sell-on strategy work is evolving at LAB, the financial services client whose strategy study we are live-blogging, and how an elite firm would handle the situation. It has nothing to do with sales. Related: - Learn more about strategy from our corporate strategy training - strategy library
8/20/2015 • 15 minutes, 55 seconds
278: Myth of the Technology Strategy Study
Readers in other sectors like financial services, energy, retail, automotive etc., make a massive mistake when looking at the technology strategy study training we have up on the site. They assume that the study will not train them about corporate strategy since it is about corporate strategy for technology company. That is major flaw. This podcast elaborates on some of these reasons: 1. Every corporate strategy study must be done for a client in a sector. Therefore it is impossible to find corporate strategy training which is generic - that is, not specific to a sector. 2. The thinking, techniques and training applied to one sector is designed to be applied to any sector. 3. Even if you worked in financial services and we loaded the financial services strategy study shortly, a sector is so large, the study may not even touch the issues you want to learn - therefore focus on the techniques used versus trying to copy content across for your own studies. Do not get into the habit of simply copying analyses.
8/14/2015 • 4 minutes, 22 seconds
277: Financial Services Strategy Study Week 1
Week 1 of the financial services strategy study to enter the US retail banking sector is about done. You can see the detailed live-blogging of the day-by-day analyses, planning and insights here. This is a real study, done for a real client with a real team of consultants led by Firmsconsulting. Once the study is done, we will post the findings and detailed guide using the map format used for the corporate strategy study training. This podcast is a wrap-up of the week. We remind readers of the strategy we followed, all the goals we set for the week, our progress against those goals and our key findings thus far. We also discuss a potential scope change and how we will handle that. It is has been a great week and we wrap up things in New Mexico where the team is conducting more shadow studies / day-in-the-life-of studies of distribution financial intermediary in the border town of Columbus. Related: - Learn more about financial analysis in our strategy library
8/8/2015 • 28 minutes, 24 seconds
276: America Renewed: 2014-2015 Theme
The majority of business gurus, journalists, periodicals, publications, journals, blogs, fashionistas and reality movie stars talk about the arrival of China like it is preordained by the Oracle. It is not. America has been here before. In fact America has been here 4 times in its history and each time the American model of government, system of capital allocation and creativity helped the country reinvent itself. In the next 18 months, Firmsconsulting will be leading 5 sweeping studies, at real clients, to find solutions to issues which impede US productivity growth. The detailed findings and extensive training videos to help you replicate such a study will be released once the studies are done. We will be bold and analyze some of the most vital and controversial issues including healthcare, immigration and the role of government. This podcast discusses the theme, training material and topic in more detail. Welcome to the era of America Renewed.
8/2/2015 • 14 minutes, 59 seconds
275: America Renewed: Financial Services Study
For those of you who want an update on where we are in Week 0 of the US financial services study, this podcast will provide a detailed update of the final preparation as the team goes into their on-boarding with just 5 days before the start date. Expect a few podcasts this week since I am leading the onboarding training and it is much quicker, and less rude, to prepare podcasts versus typing up updates in front of the interns. Next week, I will shift back to more written updates with a few podcasts and videos thrown in. Note that this study and the underlying issue of the economics of small business loans is a complex topic. It is best to read the live blog from the beginning to see how we have thought through the issue and structured the team to analyses the hypotheses. Related: - You can read about strategy related articles from our Quarterly - Learn more about financial analysis in our strategy library
7/27/2015 • 13 minutes, 47 seconds
274: How to Become a Management Consultant
Our managing partner Michael Boricki gave an interview at Accepted, a well known site for MBA admission.
7/21/2015 • 49 minutes, 27 seconds
273: Changing a Consulting Firm
This podcast is a response to the email below. The client wanted to know how to change a consulting firm so that her firm could compete against McKinsey.
7/15/2015 • 17 minutes, 24 seconds
272: Am I a dumb black kid?
This podcast is a controversial and thoughtful response to a letter from a reader who overheard his career counselor describing him as a "dumb black kid" who "has no future in business."
7/9/2015 • 25 minutes, 26 seconds
271: Value Modelling: fad or fashion?
In this podcast we look at the rise of value modelling as a shiny new management technique in 2003 and its implosion in 2009. Value modelling is a lot like other big trends like the balance scorecard, business process re-engineering etc. which went belly-up.
7/3/2015 • 19 minutes, 55 seconds
270: Strategy Insight Ratio
Young consultants make some very common mistakes when they start out, and I explain how to use the strategy insight ratio to correct these problems.
6/27/2015 • 10 minutes, 53 seconds
269: Misunderstanding "Being Analytic"
Aspiring and some young consultants tend to have a narrow outside-in view of management consulting. They make significant assumptions about why and how strategy studies are done, and try to replicate this assumed behavior. They think "being analytic" means analyzing things before every decision is made.
6/21/2015 • 11 minutes, 38 seconds
268: What Michael Jordan Can Teach You About Strategy
Aspiring NBA stars make a classic mistake when trying to watch, analyze and replicate the reasons why someone like Michael Jordan was so successful. In this podcast I explain why aspiring management consultants and those in industry make the very same mistake when watching, analyzing and replicating the reasons why McKinsey and BCG are so successful.
6/15/2015 • 16 minutes, 22 seconds
267: Strategy Training Changes at Firmsconsulting
[Update June 11] The 1st strategy training map is live! All 16 steps of strategy planning and 200+ critical points are complimentary to all our members!
6/9/2015 • 21 minutes, 34 seconds
266: Case Studies in Strategy Projects
It is fair to say that being assigned to develop the case studies to help a team on the strategy study is considered a dead-end role for most consultants. An associate or analyst would much rather want to be leading the corporate strategy analyses, business case or even the business unit analyses versus studying how other companies have tackled the same problem as the client.
6/3/2015 • 20 minutes, 25 seconds
265: Client Lessons: Stanford Masters Student
This podcast was prepared for clients in our case coaching program. Each week I will consolidate the main questions and challenges clients are facing in the program and use these podcasts to communicate suggestions and advice to your unique preparation needs.
5/28/2015 • 21 minutes, 6 seconds
264: From Siberia's winter plains to an elite university
The Firmsconsulting Emerging Fellows program is a program we run whereby we find and mentor promising young students from impoverished parts of the world. Working with them over several years, we guide them into elite schools and eventually into McKinsey or BCG.
5/22/2015 • 29 minutes, 6 seconds
263: How to read to improve reasoning
We have a section on the website where I list all of the articles I read on a daily basis: What Firmsconsulting is reading. The thinking was that readers could replicate the reading of a former strategy partner at an elite firm by reading what I read.
5/16/2015 • 13 minutes, 49 seconds
262: BCG / McKinsey to Private Equity: 4 Client Experiences
If you wanted to move from BCG / McKinsey to private equity, how do you make the career change?
5/10/2015 • 27 minutes, 5 seconds
261: McKinsey US No, McKinsey Moscow Yes, Wants US
This very insightful and unusual podcast discusses the unique situation 5 of our clients face.
5/4/2015 • 15 minutes, 48 seconds
260: Billable Hours Are Not Bad
This podcast addresses a major misunderstanding about billable hours. The concept is not bad at all, but works only in certain circumstances. This podcast carefully explains those circumstances, and crucially examines how billable hours hurts consulting assignments. It has nothing to do with the focus on profits, but rather who has the focus on profits.
4/28/2015 • 12 minutes, 44 seconds
259: What Happened to Irina?
In September 2013 we published the inspiring story of Irina who worked her way from a Ukraine vocational school into McKinsey. This podcast tracks her progress since joining McKinsey and explains the mistakes she made which ultimately led to her leaving McKinsey.
4/22/2015 • 18 minutes, 31 seconds
258: Using TCO 1 and 2
This is a short podcast offering subscribers advice on how to best use the enormous amount of information in both seasons. In particular, the podcast offers some important reminders and explains how the watch cases will allow you to write the strategy MBA exam at any major business school.
4/16/2015 • 6 minutes, 24 seconds
257: The Trap Of Being Too Logical
In Season 2 of The Consulting Offer, you will regularly see Alice breaking down the case problem into the correct logical components. She is impressive at doing this. However, you will also see Kevin pushing her to offer more. This podcast explains what Kevin was looking for. In other words, being logical in a case interview is insufficient to impress a partner in the final round interviews.
4/10/2015 • 9 minutes, 7 seconds
256: 2nd and 3rd Order Insights
We insist candidates read extensively to improve their business judgement. However, we find candidates really struggle to demonstrate they have indeed read the article, and more importantly, have improved their thinking in some way as a result of reading the article. This counter-intuitive piece demonstrates how to generate 2nd, 3rd and 4th order insights when communicating with partners.
4/4/2015 • 11 minutes, 39 seconds
255: Superior Merger and Acquisition Case Method
Candidates approach Merger and Acquisition cases with a very generic framework where Merger and Acquisition and JV's tend to be lumped together. This podcast demonstrates the power of effectively framing the case problem and introduces candidates to a very elegant / effective technique to develop strategies to capture the profits from a market. In fact, this technique demonstrates why an Merger and Acquisition is the absolute last resort to enter a market.
3/29/2015 • 15 minutes, 1 second
254: How to Analyze Articles
This podcast teaches readers how to extract up to 80% of the useful information about an article before you even read the article. The podcast first explains the difference between news, facts and opinions, before showing you the steps to analyze an article. Finally, the podcast uses the recent New York Times article about McKinsey and Dominic Barton to apply these very same concepts. You will see that what McKinsey what you to read from this article is very different from the information you should have extracted.
3/23/2015 • 26 minutes, 33 seconds
247: Big Changes to Firmsconsulting Website
Between 17 January 2013 and 30 January 2013 we will be rolling out some significant and exciting changes to the website. Many of these changes coincide with the premier of Season Two of the Consulting Offer, and are useful because they make the material easier to watch, interact with and learn from. We will also be making changes to the way club members and clients access the material. We spent a long time thinking about these changes and while they will impact many members, remain completely aligned with our core values of treating all clients fairly.
3/17/2015 • 13 minutes, 39 seconds
246: Interview with Els van der Helm, McKinsey Amsterdam
Els van der Helm is a Fulbright PhD graduate from Berkeley, founder of the Beyond Academia Conference and a McKinsey Associate in the Amsterdam office. In this wide-ranging interview we discuss the unique challenges faced by PhD candidates as they try to enter management consulting - many personally experienced by Els - and her candid views on what could be done to smooth the path. This interview played a significant role in helping Firmsconsulting change the way we coach and guide PhD clients, who comprise about 33% of our program in a given month.
3/11/2015 • 0
245: Q&A With Alice Qinhua Zhou, McKinsey New York City
Alice Qinhua Zhou holds a candid interview with Michael where she answers a wide variety of questions clients posted on social media and emailed in, about her involvement in The Consulting Offer Season 2. Alice talks about managing her confidence through the interviews, why she chose NYC, picking an academic career over management consulting, finding and taking tough feedback from mentors, Season 1, her advice for viewers and much more.
3/5/2015 • 36 minutes, 46 seconds
244: The Consulting Offer 2 Closed List Dinner
We discuss the steps taken to make this session as realistic as possible. From the selection of the meals, the use of surprises like the waitress to test behaviour, Kevin's style of changing the flow of the conversation and the method through which candidates tried to build a connection with Kevin, and vice-versa.
2/27/2015 • 9 minutes, 51 seconds
243: The What, Why, How, When and Where of TCO II
The Consulting Offer II (TCO II) records the entire interview process from networking, through to the closed-list dinner, PEI, group interviews and all interview rounds, including extensive debrief interviews with a former McKinsey partner and real candidates who went on to successfully interview.
2/21/2015 • 23 minutes, 11 seconds
242: Don't Always Leave Infosys For An MBA
MBA programs around the world encourage experienced technology employees to forgo salary, experience and promotion in the hope of obtaining an MBA and the path to a consulting or banking career. However, this rarely if ever works. Sometimes, it causes more problems not to mention the addition of mountains of debt. In this podcast we discuss the options available to technology employees and when an executive MBA program is actually a better option than a full-time MBA.
2/15/2015 • 22 minutes, 13 seconds
241: Behind-The-Scenes of a Strategy Study
In this detailed strategy specific podcast I discuss a railway privatization and commercialization engagement I co-managed earlier in my tenure as a corporate strategy principal. I outline how we reorganized the client, exited non-core businesses, improved inefficiencies and prepared the client to compete in a deregulating market.
2/9/2015 • 1 hour, 15 minutes, 13 seconds
240: Events Shaping Consulting Leadership
In podcasts 237 and 238, I discuss a fairly muscular and risky set of strategies I used to increase my leadership standing in the firm and challenge mentors whom I believed were damaging the firm’s values. My style of interaction was developed due an early engagement in my career which directly impacted the way I managed all future interactions. I unpack this engagement and explain how it impacted me, allowing you to determine how your own early experiences are shaping your own leadership style.
2/3/2015 • 26 minutes, 30 seconds
239: Image Management as an Older Consultant
Having mentored a large number of older consulting hires, all were older than myself, this podcast distinguishes between older hires with working experience and those without working experience. Depending on the category you fall into, peers will view your profile, strengths and image very differently. In fact, your career strategy will be different. In other words, no two older candidates are the same.
1/28/2015 • 28 minutes, 46 seconds
238: What Happens When You Outgrow Mentors
Finding the right mentor is one thing, getting rid of the wrong mentor is quite another problem. In this podcast I discuss the relationships I had with 3 of the most influential mentors in my consulting career. I discuss mentors I had when I was an analyst, manager and eventually a partner. Finally, I discuss the difficult choices I had to make when I fundamentally disagreed with a mentor and had to do things which could jeopardize the relationship. Knowing when and how to outgrow a mentor is an oft ignored skill. I have one regret, and that is with the way I managed one mentor relationship.
1/22/2015 • 22 minutes, 33 seconds
237: Taking Leadership as an Associate
It is a myth to assume that you are automatically awarded leadership roles as a bright associate or consultant. Competition for these roles are fierce, assuming you get it, and being “awarded” a role is far less useful than having earned the role in the eyes of your peers. In the latter, teams follow you because they choose too. In this podcast I will outline a technique I used throughout my career to find “rules” which could be broken to take control of engagements and earn the trust of peers and teams.
1/15/2015 • 20 minutes, 31 seconds
236: What is a Good Consulting Mentee?
What can Darth Vader from Star Wars and monkeys in Africa teach you about effective mentoring? This podcast touches on those things which define a good mentee both in management consulting and for clients seeking a consulting career. The podcast describes the attributes of both an effective mentee and mentor, and the typical behavior of a “good” and “bad” mentee. Surprisingly, a good mentee should actually give you a small headache.
1/9/2015 • 24 minutes, 16 seconds
235: How Age Impacts Consultants and Applicants
Having spent a large part of my consulting career in my twenties, since I joined the Firm just shy of my 22 birthday, I personally know what it was like to successfully manage a young image. I was generally the youngest analyst, associate or engagement manager on a team, and a very young principal leading teams. I recall several times managing teams where the youngest person was older than myself. Those kinds of situations invariably raise challenges in controlling one’s image and client perceptions. In this podcast, I outline 7 things which can be done to control ageism, and begin by defining how younger and older consultants differ in the signals they send.
1/3/2015 • 27 minutes, 19 seconds
234: The Role of Your Significant Other
One oversight we have corrected as we have learned more about our clients, is to understand the role their significant others play in their lives and decisions. We tend to assume that the advice we provide, and actions you take, are largely influenced solely by your wishes. That could not be further from the truth. In some ways, your significant other is a major investor and she/he can cause a lot of problems if you take actions not in keeping with his/her wishes. This interesting podcast, examines the decisions of our youngest client and how we helped her understand the implications of her personal choices as she prepares to join McKinsey.
12/28/2014 • 30 minutes, 36 seconds
233: Racial Prejudices in Management Consulting
The issue of gender disparities and the increasing African-American ratios in management consulting firms have rightly become important issues. Yet, the latter is a frighteningly narrow interpretation of racial prejudices.
12/22/2014 • 47 minutes, 5 seconds
232: McKinsey Paris: Debrief Call After Sasha's Offer
Our client, Sasha recently received an offer from McKinsey Paris for the Operations Practice. This is the third podcast of a series of three interviews with him.
12/16/2014 • 46 minutes, 55 seconds
231: McKinsey Paris: Second Coaching of Sasha
Our client, Sasha recently received an offer from McKinsey Paris for the Operations Practice. This is the second podcast of a series of three interviews with him.
12/10/2014 • 44 minutes, 3 seconds
230: McKinsey Paris: First Coaching of Sasha
Our client, Sasha recently received an offer from McKinsey Paris for the Operations Practice. This is the first podcast of a series of three interviews with him.
12/4/2014 • 46 minutes, 39 seconds
229: Why Internal Strategy Units Rarely Create Consultants
This podcast is based on the Quarterly article about the pros and cons of joining internal consulting units in banks, primarily as a substitute for careers in McKinsey or BCG.
11/28/2014 • 25 minutes, 7 seconds
228: How Great Consulting Firms Die
This podcast is linked to the article about recent recruiting problems at BCG. We elevate the problem here and discuss the basic elements which lead to the decline of great firms or why smaller firms never become great.
11/22/2014 • 26 minutes, 1 second
227: Lessons from returning to Turkey from the USA
This podcast accompanies the recent article about a Turkish client who was trying to complete her MBA and move back to Turkey BCG or McKinsey after about 15 years outside the country. The podcast was done 18 months after the article was written so we will discuss her experiences since the time we provided the initial advice in the article. In many ways, what worked to this client's benefit was her genuine sincerity when asking for helping, excellent personality and high intellect. A rare combination.
11/16/2014 • 21 minutes, 59 seconds
226: Poor Networking and Mentor-Mentee Etiquette
This podcast is linked to the recent quarterly article about the speech Marvin Bower made way back in 1964. Rather than focusing on the many useful elements of the speech, we will focus on the unifying theme of finding outstanding people, inspiring them and requiring the highest levels of conduct from them.
11/10/2014 • 30 minutes, 2 seconds
225: How Michael Would Use The Consulting Offer
This is not a complex podcast. It is more a reminder. I talk through the very simple steps I would use when learning from The Consulting Offer: Read all the pages about the show Read all the session descriptions Read them again Develop my study plan Complete quizzes 0 to 9 Stick to my plan Go through sessions 1 to 23 in that order for Felix and some sessions from Sanjeev. You can also do all the cases from Samantha and Rafik. In general, go through the drop down menu of The Consulting Offer and pay attention to this page.
11/4/2014 • 9 minutes, 17 seconds
224: Picking a Mentor Who is Not the Best At their Field
This podcast is based on an off-the-record conversation I had with Felix when we were not recording The Consulting Offer. Sometimes after the 90 minute sessions we would engage in small-talk and useful things were discussed but never captured.
10/29/2014 • 14 minutes, 31 seconds
223: Picking a Mentor Who is Not the Best At their Field
This podcast is based on an off-the-record conversation I had with Felix when we were not recording The Consulting Offer. Sometimes after the 90 minute sessions we would engage in small-talk and useful things were discussed but never captured.
10/23/2014 • 24 minutes, 51 seconds
222: Using The Consulting Offer Videos Effectively
Clients using the Consulting Offer Videos fit into a neat bimodal distribution.
10/17/2014 • 7 minutes, 56 seconds
221: The First 3 Minutes of a Case Interview
The first 3 minutes of a coaching session, practice session and case interview determines everything. First impressions count.
10/11/2014 • 11 minutes, 26 seconds
220: Why Candidates Fail to Succeed
This is an important and wide ranging podcast around the theme of why candidates fail and some key observations from Felix in The Consulting Offer Season 1.
10/5/2014 • 43 minutes, 17 seconds
219: Are Some Consulting Club Leaders Selfish?
The concept of a Management Consulting Club is great, but the execution leaves little to be desired. Very few clubs are actually run by presidents/executive council members who know anything about consulting, or worse, care about their members.
9/29/2014 • 15 minutes, 38 seconds
218: Ignoring partners in an interview
You have been brainwashed by every single forum and case book to assume that McKinsey wants a framework and set of hypotheses, that you have stopped listening as carefully to the interviewer and simply providing hypotheses even when the interview is not asking for them!
9/23/2014 • 9 minutes, 29 seconds
217: Women are their own worst enemies
I want to talk about three incidences and what it says about how women think about themselves.
9/17/2014 • 24 minutes, 36 seconds
216: Choosing Boutique Firms over McKinsey
Choosing a boutique firm as one path into management consulting is a popular choice. While boutique consulting firm appear to operate like McKinsey and BCG, and may even be led by ex-partners, there business models typical mean they create overwhelmingly different experiences for their consultants.
9/11/2014 • 30 minutes, 26 seconds
215: How non-case problems impacted Rafik
Most aspiring management consultants will spend about 95% of their time focusing on the technical issues to fix their case performance. That is, they focus on hypotheses, frameworks, decision trees, structures and calculations. However, what if that is not the areas which will yield the greatest gains?
9/5/2014 • 12 minutes, 43 seconds
214: Why entrepreneurs always provide poor PEI answers
Entrepreneurs almost always fail to answer the most basic question: If you were so successful, why are you leaving behind all that success to apply for a ~$150K/annum package at McKinsey as an associate?
8/30/2014 • 11 minutes, 22 seconds
213: How Michael fixed a stuttering problem
This podcast draws on the feedback of one of our principals, Michael Boricki who was a Big-3 principal and left the firm on the day after he was appointed director, to discuss the technique he used to not only fix a stuttering problem, but use the pain from fixing the problem to introduce broader, and much needed, flexibility in this communication techniques.
8/24/2014 • 14 minutes, 49 seconds
212: Vague McKinsey/BCG feedback is good
This podcast is built on a discussion we recently had with a Yale PhD. His friend, who made it to the final round of McKinsey, was told that the firm had no specific development areas for her. She just did not make the make cut and she was upset about this lack of feedback, especially having been denied a place at the firm.
8/18/2014 • 16 minutes, 11 seconds
211: Ignore the case interviewer at your peril
It is quite common for Firmsconsulting to receive the following emails, questions or comments from clients and readers. When reading the comments below, try to think about why a reader would have these questions. In other words, what are their underlying assumptions?
8/12/2014 • 12 minutes, 23 seconds
210: Yale PhDs, Berkeley PhDs and Harvard MBAs start here
Due to our longstanding relationships at Yale and Berkeley, since several Firmsconsulting mentors are Harvard alumni, our Harvard and Yale clients' involvement in the development of The Consulting Offer Season 1 and 2, students of these schools receive complimentary access. This podcast offers some unique suggestions for PhDs and MBAs from these schools to use the material. In particular, 32 Harvard MBAs were intimately involved in testing the program between December 2012 and June 2013. We discuss their experiences and advice for using the material.
8/6/2014 • 17 minutes, 24 seconds
209: Unemployed To The Big-3, Behind The Scenes
Putting together the September 2013 Quarterly feature article, "Unemployed to the Big-3," was both an interesting and challenging article. It follows the new format of the Firmsconsulting Quarterly. This podcast discusses the lessons you should be taking from this article. The context for those lessons, however, is determined by the way this article was written.
7/31/2014 • 28 minutes, 50 seconds
208: Unemployed To The Big-3, Editor's Comments
We discuss the feature study for the September edition of the Quarterly: Unemployed to the Big-3. This podcast focuses on the type of person who is likely to succeed and who is unlikely to succeed with this background. We unpack some of the major findings and discuss the fundamental challenges these women faced.
7/25/2014 • 0
207: Case Interview Support
This series of detailed podcasts provides prospective applicants to our program all the information they need to put together an application package, do well in the screening interviews, and, should they be the offered a place in the Firmsconsulting program, succeed at their McKinsey, BCG et al interviews.
7/19/2014 • 11 minutes, 39 seconds
206: Case Interview Coaching
This series of detailed podcasts provides prospective applicants to our program all the information they need to put together an application package, do well in the screening interviews, and, should they be the offered a place in the Firmsconsulting program, succeed at their McKinsey, BCG et al interviews.
7/13/2014 • 48 minutes, 19 seconds
205: Case Interview Networking
Networking will not lead to an interview in management consulting. That is because networking is very poorly done and treated merely as a process of asking for help and referrals. We have a very high success rate due to the unusual steps we take to prepare clients. All time allocated in this part of the training is at the sole discretion of Firmsconsulting since it is not subtracted from the 12 hours of coaching.
7/7/2014 • 12 minutes, 38 seconds
204: Case Interview Resumes
For the majority of clients, the most important area is resume preparation. A poor resume leads to a poor LinkedIn profile which results in no networking when consultants view the weaker online profile. Our most successful clients take the time to build effective resumes. All time allocated in this part of the training is at the sole discretion of Firmsconsulting since it is not subtracted from the 12 hours of coaching.
7/1/2014 • 10 minutes, 11 seconds
203: Case Interview Planning
Give our extensive screening process; we have a detailed file on clients before the program begins. The planning call sets the agenda, timetable and objectives for the next few weeks or months if needed. Very few candidates tend to work with us for less than a month and the majority are working with us for more than 6 months.
6/25/2014 • 14 minutes, 38 seconds
202: Case Interview Decision
This series of detailed podcasts provides prospective applicants to our program all the information they need to put together an application package, do well in the screening interviews, and, should they be the offered a place in the Firmsconsulting program, succeed at their McKinsey, BCG et al interviews.
6/19/2014 • 12 minutes, 18 seconds
201: Case Interview Assessment
This series of detailed podcasts provides prospective applicants to our program all the information they need to put together an application package, do well in the screening interviews, and, should they be the offered a place in the Firmsconsulting program, succeed at their McKinsey, BCG et al interviews. Third Application Step: Interview with an ex-McKinsey or BCG partner.
6/13/2014 • 8 minutes, 47 seconds
200: Case Interview Test
This series of detailed podcasts provides prospective applicants to our program all the information they need to put together an application package, do well in the screening interviews, and, should they be the offered a place in the Firmsconsulting program, succeed at their McKinsey, BCG et al interviews. Second Application Step: OAT (Online Analysis Test) If your resume screening is successful, you will be invited to an online test. This is purely a business judgement test. No preparation is required for the online test. The test is not assessing your ability to pass a McKinsey PST or a BCG screening exam. The online exam has no pass mark and is used as one data point to assess your candidacy. The online system assesses why you performed as you did and the final mark is not relevant nor does a high score guarantee you will be invited to the final screening interview.
6/7/2014 • 7 minutes, 25 seconds
199: Case Interview Application
This series of detailed podcasts provides prospective applicants to our program all the information they need to put together an application package, do well in the screening interviews, and, should they be the offered a place in the Firmsconsulting program, succeed at their McKinsey, BCG et al interviews. First Application Step: Submitting a resume, grades, recent cover letter and/or audio file
6/1/2014 • 8 minutes, 11 seconds
198: Case Interview ex-Partners
This series of detailed podcasts provides prospective applicants to our program all the information they need to put together an application package, do well in the screening interviews, and, should they be the offered a place in the Firmsconsulting program, succeed at their McKinsey, BCG et al interviews. Accurate information will make the difference between an offer which will change the trajectory of your life. This is an unregulated industry and forums, websites, books etc. are rife with misinformation. We negate this problem by only using principals and partners for our training. We also use some of the most eminent senior partners at McKinsey and BCG.
5/26/2014 • 23 minutes, 7 seconds
197: Case Interview Using Data
This series of detailed podcasts provides prospective applicants to our program all the information they need to put together an application package, do well in the screening interviews, and, should they be the offered a place in the Firmsconsulting program, succeed at their McKinsey, BCG et al interviews. Since we personally work with each candidate, we collect extensive data on case preparation. A limited amount may be seen in The Consulting Offer Infographics. We therefore make decisions based on measurable statistics from the client in question and the general trends we observed with all other candidates. This provides an unusual advantage in being able to support our decisions on your training with numbers and correlations. For example, we know practicing to be faster in cases does not lead to greater speed since we have measured clients who have practiced this approach and clients who have followed our preferred approach.
5/20/2014 • 8 minutes, 56 seconds
196: Case Interview Fellows
This series of detailed podcasts provides prospective applicants to our program all the information they need to put together an application package, do well in the screening interviews, and, should they be the offered a place in the Firmsconsulting program, succeed at their McKinsey, BCG et al interviews. In every intake of 7 clients / coach, we take in 1 candidate who does not have as strong credentials on paper and usually lives in a developing economy. They may have graduated from domestic schools, have poor access to MBB, weaker grades in a few cases and even weaker GMAT scores. If we believe candidates have outstanding potential but are limited by their circumstances, we will admit them to the program to help place them. This group of candidates has a ~75% placement rate and is among our best performing group. We do however adjust the program to cater to their unique skills gaps and their development takes place over a much longer preparation period. Some of the most outstanding Firmsconsulting alums belong in this group.
5/14/2014 • 15 minutes, 36 seconds
195: Case Interview Liberal Arts
This series of detailed podcasts provides prospective applicants to our program all the information they need to put together an application package, do well in the screening interviews, and, should they be the offered a place in the Firmsconsulting program, succeed at their McKinsey, BCG et al interviews. ~10% of all clients have non-quantitative degrees such as literature, history, the arts etc. This is one of the most successful clients groups because we have the ability to teach all the skills required from a zero-base. That said, clients in this group typically take longer than normal and usually work with us for a minimum of 3 months before the interview.
5/8/2014 • 8 minutes, 39 seconds
194: Case Interview Consultants
This series of detailed podcasts provides prospective applicants to our program all the information they need to put together an application package, do well in the screening interviews, and, should they be the offered a place in the Firmsconsulting program, succeed at their McKinsey, BCG et al interviews. Consultants: ~15% of all clients are consultants typically looking to move from Deloitte, Accenture etc. ~30% of this group are ex-MBB consultants who are trying to rejoin the firm in other parts of the world, or a consultant within MBB trying to move within this group to another firm. We treat both groups differently since their development areas tend to be very different.
5/2/2014 • 12 minutes, 15 seconds
193: Case Interview Lawyers
This series of detailed podcasts provides prospective applicants to our program all the information they need to put together an application package, do well in the screening interviews, and, should they be the offered a place in the Firmsconsulting program, succeed at their McKinsey, BCG et al interviews. Lawyers: ~10% of our client base are associate lawyers or graduates of law programs. This is a successful group yet our focus is heavy on teaching basic business principles and techniques. We use our own strategy libraries and finance courses to prepare law students with the foundation skills to tackle cases.
4/26/2014 • 10 minutes, 48 seconds
192: Case Interview Undegrads
This series of detailed podcasts provides prospective applicants to our program all the information they need to put together an application package, do well in the screening interviews, and, should they be the offered a place in the Firmsconsulting program, succeed at their McKinsey, BCG et al interviews. Undergraduate clients constitute ~14% of our clients at any one time. Our youngest client in this group was 18 when she joined. A key feature of our training for this client group is helping them understand the real-world implications of consulting cases, by explaining our own engagement experience. Undergraduate students tend to be weaker at brainstorming and hypotheses development which becomes a focus for this group.
4/20/2014 • 5 minutes, 45 seconds
191: Case Interview PhDs
This series of detailed podcasts provides prospective applicants to our program all the information they need to put together an application package, do well in the screening interviews, and, should they be the offered a place in the Firmsconsulting program, succeed at their McKinsey, BCG et al interviews. Approximately 15% of our clients at any one time are PhD candidates. The training program is designed to teach PhD’s skills for the team-based cases, handling estimation questions, brainstorming and full cases. Networking is another area we spend much time grooming PhD clients to handle.
4/14/2014 • 10 minutes, 22 seconds
190: Case Experienced Hires
This series of detailed podcasts provides prospective applicants to our program all the information they need to put together an application package, do well in the screening interviews, and, should they be the offered a place in the Firmsconsulting program, succeed at their McKinsey, BCG et al interviews. Experienced hires will have the longest training program, due to the longer networking cycles. Approximately 15% of our clients are experienced hires and they work with us for between 3 to 8 months. This is a broad group including entrepreneurs, graduates with a few months experience to senior executives in Fortune 500 corporations. Our oldest client is in this group was 45 with 15 years of experience in banking. Cases tend to be heavily focused around office choices and sector specialization like BTO. Though this does not apply to younger experienced hires whom we will position as generalists.
4/8/2014 • 11 minutes
189: Case Interview Females
This series of detailed podcasts provides prospective applicants to our program all the information they need to put together an application package, do well in the screening interviews, and, should they be the offered a place in the Firmsconsulting program, succeed at their McKinsey, BCG et al interviews. Female candidates: We admit no less than 50% of female candidates per month’s intake. This is a Firmsconsulting decision to improve the placement rate of female candidates. We apply the same screening standards as that applied for all applicants while having a broader screening pool. Our training for female clients is tailored to cater for the obstacles/challenges females consultants will encounter.
4/2/2014 • 11 minutes, 38 seconds
188: Case Interview MBA Students
This series of detailed podcasts provides prospective applicants to our program all the information they need to put together an application package, do well in the screening interviews, and, should they be the offered a place in the Firmsconsulting program, succeed at their McKinsey, BCG et al interviews. MBA clients are the dominant group we train. We serve clients from over 30 MBA programs worldwide with a wide range of backgrounds. The majority of our teaching techniques are designed with this group in mind and tested with our core clients at the Harvard Business School. “The Consulting Offer” for example, was designed and tested with this group, and modified for all clients.
3/27/2014 • 7 minutes, 28 seconds
187: Case Interview Selection Criteria
This series of detailed podcasts provides prospective applicants to our program all the information they need to put together an application package, do well in the screening interviews, and, should they be the offered a place in the Firmsconsulting program, succeed at their McKinsey, BCG et al interviews. How we select candidates: We select candidates from a wide variety of schools: the Ivy League schools to regional schools outside the U.S. and have worked with clients from over 50 different schools. We have a policy of balancing each month’s intake with stronger candidates and Firmsconsulting Emerging Fellows. At least half the intake is from the emerging markets and is female. Our most important criteria is whether a candidate could be taught the skills to obtain an offer, maintain our very strong value systems and rise to leadership in consulting or their chosen field.
3/21/2014 • 13 minutes, 29 seconds
186: Case Interview Overview
This series of detailed podcasts provides prospective applicants to our program all the information they need to put together an application package, do well in the screening interviews, and, should they be the offered a place in the Firmsconsulting program, succeed at their McKinsey, BCG et al interviews. This is a selective program run by former principals/senior partners of McKinsey and BCG who conduct all the training and mentoring. We prize client confidentiality and never disclose client relationships, and clients are expected to reciprocate and never disclose our extensive support of their careers.
3/15/2014 • 24 minutes, 6 seconds
185: Mining Lessons
In this podcast, by the editor, we discuss the very counter-intuitive manner in which McKinsey and BCG partners manage engagements, teams and clients. We present 5 crucial differences which may seem nuanced, but have a powerful ripple effect in managing client relationships. Set in the Brazilian interior, this book follows an engagement team as they assist Goldy, a large Brazilian gold miner, in diagnosing and fixing deep and persistent organisational issues. This book will follow an engagement team over an 8 week assignment and explain how they successfully navigate a challenging client environment, develop hypotheses, build the analyses and provide the final recommendations. It is written so the reader may understand, follow and replicate the process. The book is 252 pages in length and written by former management consulting partners and case leaders. This is the only consulting guide taking readers on a day-by-day and step-by-step journey through a complete engagement. MBA students contemplating a career in management consulting will find this book to a useful companion introduction. Consultants can learn the techniques of the leading management consulting firms. This book contains the 252-page book and a single power point file of the material used in the book.
3/9/2014 • 19 minutes, 39 seconds
184: Mining Sector
This is a related podcast to our mining book.
3/3/2014 • 12 minutes, 23 seconds
183: Agribusiness
This detailed podcast, by the engagement partner, discusses a striking reality of most engagements: a problem is never what it appears to be at first. In this Succeeding as a Management Consulting book, the engagement begins as a broad study of the agricultural sector in Canada and the economics of various business models. The study quickly focuses on the physical retail operations as this appears to be the main opportunity to fix this organizations decline.
2/25/2014 • 12 minutes, 1 second
182: Power Utilities
This detailed podcast, by the engagement senior-partner, discusses the most challenging assignment Firmsconsulting took on to advise a client in preparing one of the Succeeding as a Management Consultant books. The client was a state-run electricity utility in Latin America which was undergoing a significant build program to add capacity for a burgeoning economy while dealing with an aging asset base causing power outages, impacting foreign-direct-investment and decimating national productivity.
2/19/2014 • 10 minutes, 25 seconds
181: Public Sector
This detailed podcast, by the engagement partner, discusses the difficulties faced by many European State-Owned-Enterprises during the 2008-2011 recession when many simultaneously saw a drop in revenue and state subsidies. The engagement team in this book led the work to develop a strategy for the courier business of a heavily-indebted European Postal service.
2/13/2014 • 11 minutes, 58 seconds
180: Retail Banking
This detailed podcast, by the engagement senior-partner, discusses the challenges and complexities of running an engagement to advise on the economics and strategy of a large micro-finance enterprise.
2/7/2014 • 19 minutes, 16 seconds
179: Premium Books
In this podcast we discuss the detailed effort which goes into preparing the multimedia/premium management consulting books. We discuss the engagements we run and the client issues faced, the development of hypotheses, data collection, analyses, model building, client management and preparation of the final recommendation. We thereafter discuss how all of this, including the extensive video footage, is brought together to produce each of the 4 multimedia books.
2/1/2014 • 15 minutes, 19 seconds
178: Editor's Notes
In this podcast we isolate the 5 most important and counter-intuitive lessons from the popular book.
1/26/2014 • 21 minutes, 6 seconds
177: Partnership
In this podcast we introduce one of our most popular books, Partnership. This is a memoir written by partner who served in that position at 2 of the big-3 firms.
1/20/2014 • 13 minutes, 5 seconds
176: Introduction to Our Culture and Values
This detailed podcast introduces Firmsconsulting and our distinctive heritage which is best exemplified by these three quotes: "Business properly conducted could be as high a calling as anything." Marvin Bower "If you are not willing to take pain to live by your principles, there is no point in having principles." Marvin Bower “Management consulting is no individual's right as a career. It is the single greatest privilege of a business professional to earn the trust required to advise a client on his/her most pressing issues.” Michael Boricki
1/14/2014 • 31 minutes, 29 seconds
175: Peter on McKinsey Middle East With a PhD
Peter is a PhD candidate from the USA who joined McKinsey Middle East a year ago. The striking thing about Peter is his level of confidence and the fact that he does not sound like a PhD. He is a candidate who initially pursued the USA and thereafter opened interviews at another highly competitive office where he was successful. Peters interview is more for the journey he goes through to build his confidence and learn about his potential. I have personally admired this candidate because he seems to closely follow the strong values-based path Firmsconsulting expects of our alums.
1/8/2014 • 45 minutes, 34 seconds
174: Edward on Networking with BCG Partners
Edward is one of the most effective networking clients in our program. Although a relatively-older candidate from a non-target school, he was able to meticulously follow our advice on networking to eventually build a very effective support network of partners and consultants at his preferred offices. This wide-ranging interview is important because it demonstrates the primacy of our networking approach. Firmsconsulting believes that if you take the time to do the appropriate due-diligence and build sincere reasons for joining an office, this sincerity will come through in any discussions. It is interesting to see how Edward developed this approach over a 5 month period through trial and error to eventually secure strong endorsements from very senior partners. On a personal note, I do believe Edward is one of the most impressive alums of our program. He is steeped in our tradition of values and ethics before all else and to us, that is what matters the most.
1/2/2014 • 57 minutes, 35 seconds
173: Sanda on Joining McKinsey BCG et al
Sanda is a brilliant commerce graduate from South-East Asia. She is the first person in her entire family to attend university. She taught herself English at university by watching "Friends" and "The Good Wife" among other shows, especially in-depth business media, and is the very first person from her university to ever join MBB. In this extensive interview, Sanda describes her tough background and experiences as well as her smart strategy for joining the elite consulting firms.
12/27/2013 • 40 minutes, 13 seconds
172: CEOs Who Love Consultants At Their Peril
One of the great myths among aspiring consultants, is that strategy consultants go in and basically take over and run the entire strategy and direction of a company. That does happen at times, but is more the exception than the norm. In fact, there are dangers to this outsourcing of thinking. Yet, the danger is not the outsourcing itself, but rather who is doing the outsourcing: a strong and accountable CEO or a weak CEO. The greatest risk to a company is a weak CEO who outsources accountability to consultants. In this podcast, I discuss my own personal experiencing of advising such a CEO and the chaos which ensued.
12/21/2013 • 22 minutes, 15 seconds
171: Structure Fails At 60% McKinsey Cases
At least 90% of aspiring management consultants assume that all McKinsey et al cases MUST be solved with frameworks. That is a dangerous myth. At least 60% of all McKinsey full cases (we are not referring to brainstorming, estimates etc) cannot be solved with structures and you will fail if you used structures to solve them. In this podcast, we use the experiences of a client, Felix, to explain how to identify this second group of cases and what you can do to solve them. We particularly look at Felix's coaching session with Kevin Coyne, ex-McKinsey Worldwide Strategy Co-Leader, in Season One of The Consulting Offer.
12/15/2013 • 12 minutes, 38 seconds
170: Baker + Rhodes Scholars
This podcast describes the journeys of two people and where they ended up in life. The first is one of Harvard’s most distinguished MBA graduates ever who was not even invited to a McKinsey internship interview. The second is a McKinsey Principal from humble beginnings who is rejected the partnership, not once, but twice. Who they are and what they eventually achieve professionally is a lesson in perseverance, confidence and being analytic.
12/9/2013 • 16 minutes, 56 seconds
169: Building a McKinsey BTO Killer
In early 2013, we were invited by the chairman of a major IT/Outsourcing provider to analyze their business and determine why their significant acquisitions of strategy/operations/general consulting skills had not created a “McKinsey-Killer”.
12/3/2013 • 46 minutes, 29 seconds
168: Corporate Strategy Vs Strategy
After 11 years of corporate strategy consulting with the firm, 3 of them as principal, I have tended to take for granted that everyone knows the difference between corporate strategy and other types of strategy engagements like developing a market entry strategy or a pricing strategy. Yet, that is not true.
11/27/2013 • 30 minutes, 52 seconds
167: Consulting Values In Action
An hour ago I ran a screening call for case coaching with a candidate I will call Hector from Deloitte, let’s assume the Santiago office. The student was at a very élite school, I will call Wharton. This tiny Deloitte office had for the first time offered to pay for an employee’s MBA studies – a huge investment for them. McKinsey was now aggressively trying to recruit the candidate and he was on the brink of pursuing this. I was extremely proud of the way Hector reacted when, upon learning of the source of his funding and obligations, I immediately refused to conduct the screening call because it was not in his best interest. In these moments, we get to see tomorrow’s leaders forged.
11/21/2013 • 19 minutes, 1 second
166: You Cannot Join McKinsey Strategy
Far too many candidates demonstrate poor knowledge of consulting by insisting that they want to work for McKinsey strategy and not operations or BTO. This is a flawed strategy which will only hurt their chances in the short, medium and long-term. This podcast explains why and how to compensate for this misunderstanding.
11/15/2013 • 10 minutes, 43 seconds
165: How Do You Gain More Experience
Many candidates are declined with the suggestion to gain more work experience. Unfortunately, candidates take this feedback at face value. This podcast explains what this feedback means and suggests a vital shortcut to fix this problem. Hint, it does not require work experience at all.
11/9/2013 • 12 minutes, 1 second
164: Tragic Mistake of Indian US MBA Hiring
This is an important podcast. Many Indian MBA candidates, those without permits to remain in the US post their studies, follow a dangerous strategy for their internship interviews. This podcast offers a very simple but highly effective strategy to ensure candidates keep themselves in the running for consulting offers. Moreover, keeping residency in the US is a vital prerequisite to maintain a candidates “risk profile” and this podcast again offers some ideas.
11/3/2013 • 13 minutes, 27 seconds
163: Declining Bain's CEO Over BCG
It is indeed a rare moment when the Worldwide Managing Partner of Bain calls a client to encourage him/her to accept an offer. We have had similar situations happen on a handful of occasions to clients. It is an accomplishment and should be celebrated. That does not mean the offer should be accepted.
10/28/2013 • 19 minutes, 6 seconds
162: Accenture to McKinsey
Clients we place into McKinsey etc from the so-called tier-2 firms like Booz, Deloitte, KPMG etc always think they will struggle most with the analytic and other technical elements. We see a flurry of activity, and anxiousness to master story boarding model building, brainstorming and hypotheses development. Our advice to these clients is that this should be the least of their worries. The harsh reality is that they have been pre-wired to think about the wrong priorities on soft-issues, and these intangible areas cause more trouble than they could imagine. Many find that very difficult to understand, so here are some stories based on our own clients’ experiences demonstrating how the soft issues could betray your ambitions.
10/22/2013 • 21 minutes, 50 seconds
161: Evaluating Your Firm's Training
Too often clients ask the wrong questions when it comes to assessing training at consulting firms: do smaller offices have poorer training, should I attend training as soon as I join, does BCG have better training than Bain etc. When considering training you need to both consider formal and informal training. As we show, formal training is very useful, but not at all for the hard/technical skills it purports to impart on attendees. Informal training, also known as training on an engagement, is most effective when consultants can practice under diverse conditions. In other words, the more you travel and work with foreign teams, the better will be your training. Some firms encourage more global staffing and others far less. That counts.
10/16/2013 • 13 minutes, 22 seconds
160: Building Hypotheses From Data Exhibits
Reading graphs is a perennial problem for many candidates. Yet, the problem is not the interpretation of the graphical data itself. Rather, it is knowing what to do with that data once you have interpreted it. This podcast introduces a simple 4-step process we introduced for a Yale doctoral client, Felix, and a technique called the One-Sentence-Test which we again developed for the same client. The improvement in her answers warrants sharing this technique. You can see Felix's Improvement in Season One of The Consulting Offer.
10/10/2013 • 13 minutes, 41 seconds
159: What is Analytic Thinking Vs Mathematical Thinking
The first podcast discusses a common challenge new consultants face: how to show strong analytic skills on an engagement. Here I discuss one of my earlier engagements as a principal where I managed a very introverted lawyer. Despite her non-quantitative degree, reserved demeanor and being placed on a piece of work which was not, at first, open to much creativity, she developed an eminently analytic way to solve a significant problem impacting the entire engagement. This is probably one of the most concise, tailored and innovative pieces of analyses I had ever seen in my career. What makes a consultant analytic, is not the type of work that lends itself to analytic reasoning, but the way you approach what may seem to be a mundane problem. In fact, no sector or engagement is boring if examined appropriately.
10/4/2013 • 20 minutes, 4 seconds
158: US Postal Case Coaches Detailed Feedback
This podcast answers the questions raised below, by a client trying to understand how to develop hypotheses in a fairly difficult case. The case looks at ways to increase the US Postal Services market share and profitability. The client has graciously allowed this one detailed response and his notes to be shared in our public section. “A big overarching question I have with the answer first approach is I don’t know if my initial hypothesis should be broad (in which case they cannot be tested with data unless the hypotheses are first refined and narrowed, so I could only ask what areas I would explore to do that) or alternatively to make my initial hypotheses narrow and precise (in which case I can ask for data to test them but if my hypothesis are wrong then I will be stuck). Any thoughts?”
9/28/2013 • 29 minutes, 45 seconds
157: How to Influence Your Interviewer
In this podcast we will discuss a client who is very good at influencing the way interviewers work with her, and the subtle danger of her approach. A counter-point to this is another candidate who initially completely mismanaged his image, and we discuss the impact of his actions and what happened when he changed.
9/22/2013 • 23 minutes, 38 seconds
156: Key Differences in Bain FIT Questions
In looking through our database of over 240 former clients and speaking to Bain partners we know, we see two unique ways a Bain fit interview differs from a McKinsey PEI. The first relates to way in which you interact with the interviewer as you deliver your response, and the second relates to a very specific attribute that Bain seeks in your fit responses. Both differ substantially from a McKinsey or BCG interview. In fact, EVERY single client we placed at Bain strongly displayed these two characteristics. It is uncanny how close a correlation exists.
9/16/2013 • 13 minutes, 26 seconds
155: Bonus vs. Salary Resume Editing
Bonus versus salary resumes, is a very simple test we do on resumes. This podcast explains the test. We basically look at whether or not a bullet point explains an action which earned you a salary or would have resulted in a bonus. The latter is vital and the former should be purged from your salary. McKinsey looks for things on your resume which earned you your resume. It is important to understand that merely doing your job is not an achievement in itself.
9/10/2013 • 8 minutes, 36 seconds
154: Economic Impact of Poor Business Judgement
The economic impact of poor business judgement, is a topic we managed every day as partners. Each time an associate made a poor “common sense” decision we needed to explain both the potential reputation and economic damage done to the firm. The former is well-known, but the latter is less known but just as important. In thinking through why consulting firms look for business judgement, it helps to consider the economic impact to clients and the firm.
9/4/2013 • 7 minutes, 41 seconds
153: Generating Multiple Creative Hypotheses
Building of our technique to develop hypotheses, this podcast explains a clever way to generate creative hypotheses. In essence, the podcast will be useful to candidates who have already seen how we brainstorm and generate hypotheses, since this podcast expands on that thinking. The core of this idea is that if more than one structure can be brainstormed for a case, each of those structures can be used to develop a new type of hypothesis. This is a very, very simple technique as well.
8/29/2013 • 7 minutes, 12 seconds
151: Read Exhibits as Maps For Insights
In this podcast present a clever technique to treat graphs as “maps” when reading them. Corporate Finance candidates will like this. The key to this technique rests on the simple idea of ignoring the data plots and first trying to understand what the type of graph is saying. Once this is clear, the data is then examined within the graph to understand its meaning. The podcast explains this with an example and is a very effective tool we use for teaching clients.
8/23/2013 • 6 minutes
150: McKinsey Senior Partner Networking Success
We always ask our clients, especially those from weaker schools, to network with the most senior partners of consulting firms. This is a podcast about a PhD client, from a weaker school and no existing consulting relationships, who painfully followed this advice over several months to network with a member of McKinsey's worldwide leadership and obtain interviews for his office of choice. It is not easy, but can be done. It works.
8/17/2013 • 10 minutes, 4 seconds
149: Why To Bring Energy To The Interview
Lots of candidates leave it to the interviewer to determine the energy levels, tone and mood of the call. That is a bad idea. In our experience, the best candidates always bring a light mood to interviews. Seriousness, can hurt you as it is confused for anxiousness. Delegating the mood to the interview is bad idea since it means the energy of the case will be largely out of your control. Moreover, unless you practice controlling the energy, it is unlikely you will have this skill to deploy in the case interview itself.
8/10/2013 • 5 minutes, 5 seconds
148: Making sexist comments in interviews
Due to culture, tradition and even good intentions, candidates make sexist remarks. Sometimes, a very innocent remark may come across as sexist. This podcast examines some the incidences we have encountered which have hurt candidates in cases. It is wise to think about your own inadvertent sexist behavior.
8/4/2013 • 2 minutes, 32 seconds
147: McKinsey, Bain, BCG Johannesburg
This extremely detailed podcast offers advice and information on the rise of Sub-Saharan offices – Nigeria and South Africa, the rise of African candidates, types of work done in these offices, the interview process and challenges faced by candidates, key partners, key clients, significant projects, hiring strategies, recruiting firms used, expatriate strategies and more. It is one of several detailed office podcasts we have released for the English-speaking offices.
7/29/2013 • 39 minutes, 11 seconds
146: Estimation Sensitivities During Calculations
This podcast looks at how to make estimations when calculating smaller values or working with enclosed spaces like restaurants, the importance of sensitivity analyses and a new limitation of demand-driven cases. This is a very important technique which can significantly improve accuracy and efficiency in case math.
7/23/2013 • 4 minutes, 20 seconds
145: Too Junior For a Partner Meeting
Last week, an associate we placed at BCG emailed with a dilemma. A senior partner and managing director of the firm was visiting her office and she wanted to meet him. Her colleagues told her to forget about it as she was too junior to warrant his attention. Her peers who gave her this advice may have a few years at BCG but they clearly do not understand the culture of the firm at all. Senior partners always make time for consultants and are always looking to meet young and enthusiastic new employees. Giving the strict vetting process, when you join you are merely a young leader, never a young person. This podcast explains my views on this as a former partner.
7/17/2013 • 3 minutes, 33 seconds
144: Guidelines When Seeking Help In Case Interviews
Going into interviews aspiring consultants will be relying an a huge number of people for help: peers, classmates, consulting alumni, consultants, career counselors etc. This podcast offers some simple suggestions on how to seek and use help without hurting your relationships in the long-term.
7/11/2013 • 6 minutes, 49 seconds
142: Barter System in Cases To Ask for Information
A steep hurdle for many candidates is knowing how and when to ask for information / advice from an interviewer. To help our candidates, we developed the barter system / concept to fix this problem using a very simple technique. As explained in the podcast, the concept requires the candidate to first offer the interviewer their thoughts/ideas before asking for anything more. This ensures the candidate does not fall into the trap of asking for information without offering anything in return.
7/5/2013 • 3 minutes, 8 seconds
141: Damaging Resume Cliches Across Firms
Editing out cliches from Deloitte and Accenture resumes tends to take up the majority of time when we work with candidates from these firms, and the other accounting firms like PWC, E&Y and KPMG. Typically, when we start the editing sessions, it is very difficult for the client to see how vague and misleading their resume really is. This podcast explains this concept and can be used to edit your own resume.
6/29/2013 • 12 minutes, 4 seconds
140: Watching cases Vs. Listening to Cases
When learning cases, it is far more effective to watch a person on Skype or in person. The problem with merely practicing over the phone or another verbal format is that you cannot observe crucial mannerisms or allow your practice partner to observe you. The only time practicing verbally makes sense is when you have a very experienced person working with you and they can infer things about your performance based on their experience. We advice most clients to practice in person should the opportunity present itself.
6/23/2013 • 4 minutes, 35 seconds
139: Neat Calculation Sheets Are Important
This podcast explains why neatness and writing style is so important. It is really surprising how little care candidates take in writing in an appealing way, considering that is all the interviewer can see for the 30-45 minute case. Neat writing will not get you an offer, but it can be an annoying distraction both to you and the interviewer.
6/17/2013 • 4 minutes, 34 seconds
138: McKinsey Weak School
Entering BBM with a weak school on your resume can create problems. Though, all of them tend to be created by the candidates themselves. These consultants tend to have so many incorrect preconceived ideas of the firm that even when a McKinsey partner tells them something, they tend to go with their preconceived ideas. As strange as that may sound, that is what we have seen happen in many cases. There are certain things you can do this alter this spiral, should it occur.
6/11/2013 • 5 minutes, 49 seconds
137: Mathematical Precision Hurts
As counter-intuitive as this sounds, mathematical precision in cases hurts most candidates. Many candidates focus heavily on being mathematically correct because it is far easier to see if your answer of $230MM is the same as the prescribed answer of $250MM. It is human nature to focus on what can be easily measured versus focusing on what should be measured. Candidates tend to confuse mathematical precision with being analytic. They are not the same and candidates should focus on being analytic, as explained in this podcast.
6/5/2013 • 4 minutes, 40 seconds
136: Speaking Advice for Cases
If you read forums worldwide everyone is obsessed with cracking the case. Yet, most people cannot communicate like a consultant. We hope by reading this post, candidates spend an equal, if not more, time focusing on their communication skills as well. If you cannot speak like a consultant, you cannot be a consultant.
5/30/2013 • 5 minutes, 20 seconds
135: How to Run a Case Competition
We are not fans of case competitions. They do not teach the skills need by BCG and McKinsey nor do they matter when it comes to interviews. The dean of a European business school recently gave us carte-blanche to design the perfect case competition. This long podcast outlines the approach we took and why we followed this approach.
5/24/2013 • 20 minutes, 56 seconds
134: Rise of Asian Female PhD Candidates
The rise of Asian female doctoral case candidates is one of the most important trends in management consulting. This is a large and dynamic group of case candidates who are underrepresented in consulting firms, poorly mentored and largely ignored. Consulting firms can do better to manage them, and should. We explain how and why. Since late 2011, Firmsconsulting has actively worked with PhD candidates, females in particular, to understand their unique needs and design techniques to address these needs. Much of this can be seen in Season One of the Consulting Offer with Felix.
5/18/2013 • 17 minutes, 47 seconds
133: Failing to Provide Sufficient Case Detail
Candidates are typically surprised to hear they have been declined for not providing sufficient details in a case interview. It usually surprises them since they believe they have provided more than enough case information detail. The difference comes down to how consulting firms define "detail". They are looking for facts and the relationships between issues, while candidates tend to speak in broader terms and are not very good at identifying and explaining the linkages between issues.
5/12/2013 • 4 minutes, 52 seconds
132: So-What Rule for FIT And Writing
When thinking through a possible FIT / PEI or cover letter response, most candidates settle on the first idea that comes to mind. Future edits of this idea do not alter the idea, but merely rearrange the wording. That is a bad idea. We use the so-what rule when testing candidates. For their responses we constantly ask "so-what" until the candidate arrives at the core reason for their decision / answer. That core reason is what we want candidates to use.
5/6/2013 • 5 minutes, 2 seconds
131: Interviewers Do Not Hate Frameworks
That is true. It is myth interviewers do not hate frameworks in case interviews. Interviewers dislike the way the framework is introduced and used by the candidate. Most candidates memorize a framework, look at a case, see the loose link between both and gladly offer the framework without a proper explanation or even making adjustment to the framework. The best approach is to brainstorm unique structures for each case. However, where this is tough to do, candidates should take time to carefully adjust and integrate the framework into the case, using good communication skills.
4/30/2013 • 4 minutes, 51 seconds
130: How To Treat Your Case Partner Well
Your case practice partner is the most important ally you have as you prepare. The problem is that most people completely squander this advantage. They tend to be unclear about their level of preparation and commitment they are willing to make. Many arrive late to practice sessions, prepare poorly and fail to keep track of their partners performance. When a practice partners breaks contact, you are left in the position of having to transfer all that important insight about yourself to a new practice partner and that is just inefficient even if it could be done. This podcast discusses ways to manage the problem.
4/24/2013 • 5 minutes, 53 seconds
129: Offering Case Solutions Too Early Hurts You
Candidates sometimes prefer to be cautious and offer a solution earlier rather than waiting to fully flesh out the drivers and key issues in a case. The problem with this approach is that if you offer a solution before identifying the problem, it raises concerns to the interviewer about your thinking processes - how can you offer a solution before identifying the problem? This podcast describes this issue in much more detail.
4/18/2013 • 5 minutes, 21 seconds
128: Productivity is core operations
In brainstorming the interviewer is looking for your approach to define an objective function, understand the direct drivers of the function, prioritize the drivers and explain how to manipulate them. There is only one definition for productivity and that is formally used in all studies. Productivity is the total value of outputs over the total cost to deliver those outputs. Other definitions are derivations which assess narrow areas only. A candidate will struggle to understand operations cases unless they understand the concept of productivity.
4/12/2013 • 4 minutes, 29 seconds
127: Merging BCG and McKinsey Approaches
Merging the BCG and McKinsey approach, elegantly. This is a simple discussion on how to merge both approaches so you do not need to worry about learning different techniques. One caveat, as explained in latter podcasts is to assume there is just a simple BCG and simple McKinsey style. It is dangerous to make this assumption. About 50% to 60% of McKinsey cases cannot be solved with any framework at all. Most McKinsey cases require an hypotheses upfront, but not all, and they almost all interviewer led. It is crucial to understand the different ways a case can be done and listen carefully to the interviewer to figure out which is best for you.
4/6/2013 • 5 minutes, 23 seconds
126: Career Rotation vs. Progression
Candidates always want to show improvement on their resumes in the months leading up to their applications. For those working in industry or rival consulting firms, showing leadership and career development is crucial. This podcast explains that career rotation, a lateral move at the same pay grade, is rarely a good idea unless it takes you to a part of the business where you can show leadership in solving a major problem. Career progression, a promotion to a new pay grade, always looks good on a resume because it demonstrates you are mastering your functional domain. It is better to stay in a role and achieve results than rotating for a better title.
3/31/2013 • 4 minutes, 12 seconds
125: Estimation = Brainstorming = Structures
We always teach clients estimation technique first, followed by brainstorming technique and finally full case technique. There is a simple reason for this, which is explained in this podcast. Estimations tend to be, but not always, a brainstorm with very few or just one branch. A brainstorm is therefore an estimation equation with multiple branches. A full case structure is a very large brainstorm with mini-brainstorms at each new branch. We want candidates to see this evolution so they can understand how crucial brainstorming is to the entire case interview approach.
3/25/2013 • 5 minutes, 56 seconds
124: Leadership versus Teamwork Answers
If you are thinking through responses to leadership and teamwork questions, the starting point should be knowing the differences between both. At its core, to McKinsey especially, leadership is about influencing a group people to undertake and complete an initiative of importance. Yet, a better definition is that as the leader you tend to be the primary beneficiary of what is happening since you get the credit. As a great team member, you do much of the work but you do not get the great. Ensure your teamwork and leadership stories cover this crucial distinction.
3/19/2013 • 3 minutes, 37 seconds
123: Changing Practice Styles Manages Uncertainty
Over the course of the case interview training program, it becomes very important for us to change our coaching style. First, candidates become used to solving cases in just this one style and we need to ensure they can adapt to any style. Second, candidates become adept at reading the "tell" in the coach/mentor so they know when they, the candidate, is making a mistake etc. By changing our coaching style and introducing mentors, we can easily avoid this problem and ensure candidates are becoming stronger at cases versus merely stronger at doing cases with the one coach. Ensure you are also practicing with partners who have different styles.
3/13/2013 • 4 minutes, 43 seconds
122: Why Candidates Fail Profit Cases
Most candidates would tackle a McKinsey profitability case by presenting a revenue-cost framework and offer options to lower costs and increase revenue. The reality is that such a framework and explanation shows a deep misunderstanding of business and business strategy. In this podcast, we present the correct way to understand profitability cases which require candidates to understand the growth and cost of growth needs of shareholders. This logic never fails to impress interviewers.
3/7/2013 • 4 minutes, 13 seconds
121: Six Priorities for Case Interviews
This podcast provides a simple set of priority areas that a novice aspiring consultant should focus upon in the building up to the MBA full-time September interviews. It ties together themes from existing podcasts but presents them in the format of a case interview preparation roadmap.
3/1/2013 • 9 minutes, 2 seconds
120: Brainstorming With Definitions
Brainstorming is very difficult and a crucial skill to have when solving cases, especially with McKinsey where the interviewer will constantly ask you to probe and brainstorm different areas of the case. This podcast examines the initial parts of the brainstorming structure. Since brainstorming happens in such a rapid-fire format and appears unstructured, the speed at which it is done creates the illusion it lacks structures. Yet, it does have structure, but is merely done very quickly in the candidate's mind. This podcast will teach candidates how to generate a structure/definition that can be used to guide the development of options or paths in the brainstorm.
2/23/2013 • 4 minutes, 20 seconds
119: Capturing And Using Feedback Correctly
Candidates good through a lot of trouble finding practice partners and reaching out to current and former consultants. We do, however, find that despite all of this effort, they tend to be very weak at the manner in which they capture valuable lessons. There is far too little planning and it is largely a trial and error process. They reach out to 10 people hoping that at least 3 will provide great feedback and possibly 7 will provide some feedback. We find the best candidates have a list of items that they want assessed in the practice session and this rolling list is continuously being updated after every session.
2/17/2013 • 4 minutes, 47 seconds
118: Math and Estimation Case Guidelines
In this podcast we examine the performance of our clients to isolate best practices you can use in your own math calculations in cases. The best practices focus heavily on the types of math calculations where the candidate must structure an analyses approach, estimation cases, and is then either given data or must make assumptions to arrive at a final answer.
2/11/2013 • 5 minutes, 51 seconds
117: Giving Interviewers Benefit of the Doubt
This podcast is about the importance of you, the candidate, never ever giving the interviewer the benefit of the doubt, why this is vital, how to do this in a case and the improvement it will immediately deliver. The main value of adopting this mindset is that you tend to explain everything to the interviewer because you assume he is not aware of all the answers. If you enter an interview, assuming the interview is "perfect" you will tend to make assumptions which hurt your chances and damage your image.
2/5/2013 • 8 minutes, 11 seconds
116: Confidence and Content Traps in Case Interviews
This podcast is about the impact of confidence on cases and the importance of avoiding the content trap. We use simple ratios to explain why you need to be confident and how the content-trap sinks many candidates. The content trap occurs when a candidate tends to have poor knowledge of the first principles of cases and rather relies on completing as many cases as possible in the hopes of memorizing all possible frameworks. This is a losing strategy since they are not learning how to solve cases.
1/30/2013 • 10 minutes, 12 seconds
115: Important Case Interview Elements to Consider
Analyzing customers, competitors and the market: 3 areas which must always be considered in cases, even when it is not clear why. In essence, all businesses exist to serve customers. A business cannot exist without customers and to understand demand you must understand customers. The ability to meet demand is impacted by competitors/substitutes and market barriers like legislation, inflation etc. Therefore, these three areas must be analyzed in cases where demand may be an issue.
1/24/2013 • 9 minutes, 13 seconds
114: Start Math Problems From A Known Variable
The importance of starting estimation cases from a known versus unknown variable cannot be underestimated. This may sound like a strange piece of advice, but makes a monumental difference on the ease of calculations and sanity-checking at the end. Moreover, simple probability theory indicates you dramatically increase your chances of getting a correct answer at the end if you begin your equation with a known variable.
1/18/2013 • 5 minutes, 51 seconds
113: Four Classic Math Mistakes In Cases
Candidates mess up calculations for 4 primary reasons: missing units, complicated equations, weak visual layout and poor technique. Notice that we ignore speed and arithmetic. There is a reason for that and it is discussed in the podcast. The most surprising one of the lot is missing units. We have trained PhDs who graduated first in their schools and many tend to drop units thereby producing meaningless answers. These are all simple mistakes but the impact is substantial.
1/12/2013 • 8 minutes, 23 seconds
112: Why You Need Case Interview Structures
Despite the words “framework” and “structure” used so often, most candidates cannot explain what it is and why it is used. Unless you know the latter, you tend to misuse the framework and incorrectly use it in a case. This podcast presents the need for case structures from the viewpoint of the interviewer or engagement partner. It indicates that case structures are not there merely to guide you, but to guide the person guiding you. And if you extend this to its logical conclusion, if the framework is their to guide the interviewer, then communicating your structure and thinking becomes very important.
1/6/2013 • 11 minutes, 19 seconds
111: Drowning in Case Feedback
We find many candidates drown in feedback. They want as much good feedback as possible and speak to as many people as possible thereby receiving lots of detailed and sometimes average feedback on their performance. There are two problems here. First, much of this feedback will likely be contradictory and possibly misleading. Second, the candidate will literally drown in this feedback usually consisting of a 2-page list of improvement areas. We expect our candidates to always prioritize the top 3 issues and tackle them, as explained in this podcast. It is vital to follow this 80/20 principle and ignore the majority which will be of little value overall.
12/31/2012 • 8 minutes, 13 seconds
110: Disclosure Rules on Resumes
Candidates sometimes divulge too much confidential details, or too little in interviews, resumes, cover letters and LinkedIn profiles. These are the rules for disclosure. It is important to remember that disclosing confidential information merely indicates to McKinsey that you cannot be trusted with their own client information. Moreover, disclosing information on your resume and hiding it from your LinkedIn merely means you are aware of the ethical breach you are making. It is important to avoid these problems at all costs. From the beginning, be the person that is worthy of a consulting firm.
12/25/2012 • 7 minutes, 51 seconds
109: Build Hypotheses With Decision Trees
Building hypotheses is very difficult. Most candidates in a McKinsey, BCG et al interview would not know when to build the hypothesis, what comprises the hypothesis, how to test if it is MECE etc. This simple technique is one way to build hypotheses and used on real consulting engagements. It was developed to help candidates prioritize their analyzes and ensure the hypotheses are MECE. When practicing this technique note that the development of the decision tree must be done quickly and cleanly.
12/19/2012 • 9 minutes, 8 seconds
108: Speed is the Wrong Focus Area
Far too many candidates focus on being faster. That is another myth. Speed is an outcome of having good technique. So if you are slow, deconstruct your technique, analyze weaknesses and develop a new way to solve arithmetic. That is key. Unless your technique improves aka "your process to solve math," you will never improve. We explain how in this podcast. Moreover, if an interviewer or practice partner indicates you are slow, think carefully if your technique can be improved, versus merely trying to speak faster. Note, there are many different techniques to solve arithmetic problems so do not search for the "best" technique. Find one that works for you..
12/13/2012 • 8 minutes, 20 seconds
107: Demand Side Estimation Myth
The myth of demand side estimation cases is the greatest mistake taught in case books worldwide and is probably the worst technique a candidate should be using. Candidates around the world are taught that all estimation cases are market sizing cases and all market sizing cases must be done from the demand side. The problem is that not all estimation cases are market sizing cases and not all market sizing cases should be done from the demand side. Fortunately, it is easy to fix
12/7/2012 • 9 minutes, 45 seconds
106: Invisible Presentation Technique
Solving a case while talking an interviewer through your thinking (written or otherwise) is, for the interviewer, a little like trying to understand a presentation without seeing the slides. Or at the very least seeing untidy slides – that is, assuming your working sheets are messy. Here we talk through the anatomy of a case dialogue pointing out key mistakes candidates make and a very simple technique they can use when communicating in case interviews.
12/1/2012 • 12 minutes, 8 seconds
105: Case length and details
When we ask candidates for more details in their resume, fit responses and cover letter, they always write longer sentences. There is an important difference between “more details” and “greater length". Most candidates are accustomed to spending just a few minutes on a thought and then writing up long and poorly structured sentences. When we ask for more details, we require more facts in the case interview or fit answer and this, crucially, usually means denser and shorter answers.
11/25/2012 • 6 minutes, 33 seconds
104: Do Not Read Your Interviewer
It is impossible to read the personality of an interview and we discuss the typical errors candidates make in trying to read too much into the behavior of interviewers: quiet, asking questions, rude, etc. One thing we always caution candidates is to be wary of assuming the friendly person likes them or that the unfriendly person does not like them. Friendliness does not equate to "like" and people display their emotions in very different ways. So, if the interviewer is very friendly, it could go either way.
11/19/2012 • 9 minutes
103: Kim Kardashian on Analytics
It is impossible to read the personality of an interview and we discuss the typical errors candidates make in trying to read too much into the behavior of interviewers: quiet, asking questions, rude, etc. One thing we always caution candidates is to be wary of assuming the friendly person likes them or that the unfriendly person does not like them. Friendliness does not equate to "like" and people display their emotions in very different ways. So, if the interviewer is very friendly, it could go either way.
11/13/2012 • 6 minutes, 57 seconds
102: Religion, Politics, Culture etc.
When interviewing with a partner or associate from a different culture, it is very easy to say something which can offend a person. Our very own clients have said seemly innocent things only to have it blow up in their face much later, and sometimes in the interview. We have a strict rule of never discussing religion, politics, culture and ethnicity with clients. This avoids topics which can offend people if the wrong things are said. The issue is not about who right, since this is an issue of personal faith and rationality does not always work. It is best to avoid these topics.
11/7/2012 • 15 minutes, 4 seconds
101: Example of Poor Case Dialogue
Interviewers can only respond to what you say, and poor communication, like in this example, not only wastes time, but is a poor reflection on your candidacy. This is a crucial point to remember. No matter how brilliant you may be, if you cannot communicate that brilliance, and do so in a manner laymen would understand, your intellect counts for little in a case interview since it is all about demonstrated competency. You must demonstrate your competency. Period.
11/1/2012 • 11 minutes, 24 seconds
100: Reading Data Exhibits in 4 Simple Steps
The right way to read a graph in a case interview and a set of graphics, is not to look for each insight, but to extract the overall message. Most candidates take enormous pride in reading every insight they can find and proudly highlighting them in no particular order - and the waiting for instructions. While there is nothing wrong with this, it is not the way consultants read cases and requires someone, usually the interviewer, to guide the prioritization of the information and generation of the next steps in the case. You can impress the interviewer by weaving together the one most important message, relevant to the case, from all the data.
10/26/2012 • 10 minutes, 2 seconds
99: Three to Five Step Brainstorming Approach
Brainstorming is the core of a McKinsey case interview. It is tough to pass a case without brainstorming skills. The problem is that it is hard to find a definition and technique to brainstorm effectively and efficiently. This podcast introduces a 3 step, or 5 depending on the way you list the steps, approach to ease the brainstorming approach. This is a very powerful technique which all consultants use daily and is adapted from a BCG technique.
10/20/2012 • 9 minutes, 9 seconds
98: 3 Phrases to Annoy An Interviewer
There are three phrases which create trouble in an interview: “I think that…” and “In my opinion…” and “But, if I look at my friends…” Not only are they defensive, and arrogant, they are also clear indicators where you are struggling in a case interview. When you use them in the wrong context, as explained in this podcast, they will make it difficult to pass the case.
10/14/2012 • 10 minutes, 43 seconds
97: Using Podcast Feedback
We produce a significant amount of podcasts with information on case interviews, PEI, FIT, brainstorming techniques etc. This information can be overwhelming and hard to prioritize for the typical listener. This podcast offers some helpful suggestions on how to use the feedback.
10/8/2012 • 7 minutes, 35 seconds
96: Estimation Cases Should Ideally Be Imprecise
Many candidates are obsessed with generating correct answers in estimations they must make within cases or standalone estimation cases. This is a poor strategy. By obsessing about the final answer in a McKinsey estimation case, they ignore the structure of the estimation case which is far more important and forget why an estimation case exists in the first place - to test the ability to generate an answer with imperfect information. Listeners are strongly advised, as well, to ignore speed at the beginning and focus on good case technique.
10/2/2012 • 7 minutes, 58 seconds
95: Stressful Interview Situations
This podcast examines the typical tell-tale signs candidates show when placed under stress in a case interview and offers suggestions on how to manage these situations. The key to managing this problem is not to reduce the stress, which may be impossible to do, but to change the way you show your stress. We also provide anecdotes on how our own clients manage, or struggle to manage, stress in their practice cases and interviews.
9/26/2012 • 16 minutes, 24 seconds
94: Consulting Rejections Are Not Equal All The Time
Being rejected from McKinsey and BCG is humbling, painful and possibly expensive exercise. The key is to carefully review your feedback since not all rejections are equal. Two people getting the same feedback must interpret them in vastly different ways: an MIT math PhD and Brown Arts undergrad both failing the PST (it has happened) need to take very different next steps from this outcome. Therefore, your unique profile must determine how you will interpret feedback. This podcast explores feedback and its meaning in much greater detail.
9/20/2012 • 7 minutes, 46 seconds
93: Taking Resume Feedback
Taking resume feedback is one of the most fundamental steps as you begin your application process and case interview preparation. If done badly, no matter how well you practice for cases, you will not get the interview. Feedback refers to two parts. First, is the philosophy around how you collect the feedback. Second, is the physical steps you take as you are collecting the feedback. Both are equally important.
9/14/2012 • 15 minutes, 23 seconds
92: How to Network with a Senior Partner
Networking with a partner is counter-intuitive. It is much easier to network with a McKinsey / BCG partner for at least four reasons. First, partners always return emails. Second, partners are generally willing to take a call just to explore your profile. Third, partners are less hung up on things like degrees etc. since they look deeper at a profile. Fourth, partners are accessible with easy to find details. That said, the trick to networking with partners is to treat them as a peer. As soon as you place them on a pedestal, you will kill your networking chances.
9/8/2012 • 13 minutes, 1 second
91: Networking with More Junior Consultants
We use the terms junior consultants to loosely refer to anyone at the engagement manager level and below: senior associates, associates, consultants and analysts. Our history of working with 279 clients indicates that the best results occur when networking directly with partners. There is no dispute on this point given the difference in our client base between those who networked with partners and those who did not. In this podcast we explain why it is better to network with partners and the inadvertent reasons why junior consultants will be less helpful.
9/2/2012 • 11 minutes, 25 seconds
90: Never Start Training with McKinsey Cases
This is a mistake common to most case interview candidates. They start with the McKinsey approach. This is a very, very bad idea. McKinsey cases are those were the interviewer leads the case. If you are only trained to do cases in this format, you will never learn how to lead a case. This is no small matter. The prompts and guides provided by a McKinsey interviewer play a significant role in helping you through the case and you will struggle without them. It is best to first learn to do cases where you are pointing out the areas or importance, and once you have developed this skill, thereafter shifting to the interviewer-led format.
8/27/2012 • 14 minutes, 59 seconds
89: Communication does not mean FIT/PEI
We try to get our clients to understand that they are always being assessed for fit. Yet, many only pay attention to image and communication during the formal FIT/PEI interviews and then relapse into very poor communication patterns for the rest of the case. Listeners must understand that they are always being assessed for their communication, leadership, speaking etc skills, and especially during a full case when they are under the most pressure. If you keep this information in mind, good communication behavior becomes second nature to you.
8/21/2012 • 11 minutes, 55 seconds
88: McKinsey Corporate Finance
Finding practice material for corporate finance cases is practically impossible outside Firmsconsulting. We have prepared this podcast outlining a training strategy any listener could follow should they be preparing for McKinsey Corporate Finance interviews. MCF interviews to be tough since candidates must demonstrate above-average strategy skills and a very high domain knowledge of finance, especially the ability to understand underlying concepts and adjust them for the realities of the market. We find this to be the main challenge for clients - getting to understand why a equation exists as it does versus merely being able to replicate the analyses.
8/15/2012 • 16 minutes, 27 seconds
87: Five Phrases to Avoid
Communication and image in a case interview is governed by both what you say and how you say. It is true that how you say something tends to carry more weight. However, in some case, certain phrases should definitely be avoided because they cause much damage it is very hard to recover from them. We discuss them in this podcast.
8/9/2012 • 15 minutes, 26 seconds
86: Using Storytelling In Cases
Storytelling is a very powerful technique to ensure someone remembers you after an interview. In fact, even when we screen people at Firmsconsulting today, we use this technique I applied as a partner. The rule is simple: if I can remember your key messages from the interview the next day, I would make you an offer. That, of course, assumes you had passed all the other hurdles well enough. One way to be remembered is to be your answers around compelling stories using the New York Times rule of facts, facts and facts with a beginning and end.
8/3/2012 • 25 minutes, 22 seconds
85: Harsh Partners
Being a young business analyst or associate on the receiving end of blunt and harsh feedback from a partner is a very jarring experience. However, it is also somewhat of a compliment. I never understand this very, very important point until my mentor, a senior partner, pointed this out to me when the managing partner gave me a very time about an initiative I was running. In hindsight, this was one of the most profound lessons I had in my consulting career, and the managing partner became a huge ally when I was up for partnership.
7/28/2012 • 25 minutes, 50 seconds
84: Anecdotes on Poor Networking Calls
In this podcast we have listed some of the most common and most significant networking mistakes made by candidates. Since many of these have been made by clients, we have had an opportunity to discuss the mistakes, their motivations, the fall out and their response. Therefore, we can provide a comprehensive discussion on the implications of these mistakes. In general, no matter how badly a McKinsey partner networking call may go, you have little to fear. There are over 2,000 McKinsey partners. if you mess up, you have about 1,999 partners to start again.
7/22/2012 • 18 minutes, 16 seconds
83: Difference between Learning and Practicing
99% of clients misunderstand learning and practicing. At its essence, you cannot practice McKinsey cases until you learn McKinsey cases. Most candidates start of their case interview preparation by reaching out to colleagues and consultants to practice cases, not having gone through the learning steps. Without a good strategy of separating learning from practicing you will simply absorb what you hear in the practice sessions and none of that is designed to teach you how to do cases. You must separate the learning from the practicing.
7/16/2012 • 10 minutes, 21 seconds
82: Sanity Checking Estimations in Cases
Many candidates forget to sanity-check their calculations in a case. That is a bad idea. Without a sanity-check there is no way to meaningfully assess the accuracy of your answer. More important, how you perform the sanity check is the key. All sanity-checks must involve the reduction of the answer to a number that you can intuitively compare to your own experiences. Unless you do this, you can never defend your answer.
7/10/2012 • 5 minutes, 55 seconds
81: Follow a Quant-Heavy Engagement
I have written this from the perspective of the partner, since I was the partner leading this engagement. Consulting engagements at McKinsey and BCG, especially, tend to be naturally analytic in nature. This particular engagement was extremely so since the underlying analytic technique we were trying to use had never ever been successfully applied to a real environment with so many "messy" data points and random events. This podcast will be especially useful to those with physics, math and computer science backgrounds who want to see how consulting firms apply very creative analyses while sticking to the strict guidelines on analytic rigor.
7/4/2012 • 57 minutes, 3 seconds
80: Consulting Career
Despite all the hype about BCG, McKinsey et al, you will only have a great career after these firms if you are astonishingly strategic in your career choices and also get promoted. If you do not get promoted you will spend the rest of your life explaining why you were not managed out - not a pleasant discussion since you will rarely be believed. This podcast explains some of the decisions you will have to make and how to make them.
6/28/2012 • 23 minutes, 46 seconds
78: How to Prepare for September
Too many candidates do their case interview preparation in August and September. While we certainly think 6 months is far to long to spend preparing, we believe candidates need to create a list of their development area and use this to decide their preparation time. No time candidates are the same and weaknesses should drive the preparation time in its totality. Choosing average based on what your friends are doing is generally a very, very bad idea.
6/22/2012 • 18 minutes, 14 seconds
77: How PhD Candidates Should Prepare
PhD candidates face three unique circumstances. First, they have to overcome the lack of available timing or guidelines for internship interviews since most thesis advisers will be unlikely to reschedule experiments and summer plans to accommodate McKinsey internship requests. Two, PhD's have certain stereotypes which they personally believe and exhibit such as they are less analytic than MBAs. Third, PhD's need to address the weaknesses consulting firms think they have like an inability to prioritize. This podcast touches on the main issues.
6/16/2012 • 19 minutes, 2 seconds
76: Case Competitions Do Not Help
One of the greatest myths is that entering a case competition will help you prepare for a consulting interview and will impress a consulting firm. Neither is true and this podcast explains why. We specifically encourage our clients to avoid case competitions if they can. If mandatory, we insist they put in the least possible effort.
6/10/2012 • 20 minutes, 18 seconds
75: Myths about Management Consulting
This general podcast describes some of the common misconceptions applicants and even practicing McKinsey/BCG consultants have about their own firms. It will be useful to anyone who wants to understand some of the broad themes and misunderstandings about the profession.
6/4/2012 • 13 minutes, 23 seconds
74: Writing McKinsey Resumes
This podcast examines the 5 "hard" elements McKinsey looks for in a resume. Yet, the main value of this podcast is in discussing the things McKinsey looks for but is very hard to quantify and describe; what is the best bullet to write, what is an achievement oriented bullet, should education go to the top or bottom, should GMAT scores be included etc. These subtle inclusions all contribute to your resume profile and in our experience, we have never seen a resume that did not have to be substantially re-written.
5/29/2012 • 29 minutes, 13 seconds
73: How to hold networking conversations
Networking calls/coffee chats are tricky. You should not be following the advice found for general recruitment. We insist our clients network with partners so most of the advice we provide is for networking with McKinsey and BCG partners. The reality is that partners are best equipped, and most influential, to assess a unique profile and make a judgement call on the spot. The danger is that if you do not impress the partner, you are very unlikely to go anywhere with further networking. The more atypical your profile, though, the greater the need to network with a partner, and the benefits far outweigh the risks.
5/23/2012 • 9 minutes, 27 seconds
72: Consulting Lifestyle Challenges
This podcast unpacks the typical lifestyle of a consultant. It touches on some elements for associates and business analysts, though delves more on the issues and challenges addressed by partners at BCG and McKinsey. Nonetheless, it is a good idea to understand how consulting lifestyle trends change one progresses further and further up the organization. This at the very least will help you decide if you want to stay all the way to partnership. This podcast is largely based on my own experiences as a partner.
5/17/2012 • 19 minutes, 42 seconds
71: Advice for Aspiring Female Consultants
It is a ridiculous myth to assume the world is fair and females have an even playing field with males. Females, especially in emerging markets, face unique and trying obstacles during the case interview process. Firmsconsulting has always been fairly direct in telling the truth as we see it to ensure female clients have the correct expectations, understand the hurdles they will face, and are armed with the correct training to handle their interviewers. This podcast explores this topic further.
5/11/2012 • 27 minutes, 53 seconds
70: Managing your Case Interview Image
Image management is crucial. A significant part of our approach is around teaching clients to manage, control really, the image they portray. This involves a wide area like dressing, networking, emailing, speaking, hand movements, body language etc. This podcast touches on these elements of image while exploring several in depth. This is one of several detailed podcasts exploring different areas of image management.
5/5/2012 • 20 minutes, 59 seconds
69: Important Case Guidance
In our ongoing series of podcasts, we again introduce new advice about case interviews or sometimes view an old topic in a different manner. The objective of these podcasts is to explain concepts like MECE, 80/20, brainstorming, hypotheses etc in different ways so that as many listeners as possible will understand these concepts. We have seen some listeners obtain McKinsey offers merely by using the podcasts to prepare and we therefore want to increase the amount of material we generate - in the hope of helping more listeners.
4/29/2012 • 11 minutes, 38 seconds
68: Analyst to Partner
In this podcast I examine my rapid progression up the ranks of the elite firms all the way from analyst to principal and then director. I offer anecdotes or my own experience and especially the mistakes I made, strategies I followed and the lessons I learned along the way. What you find is that analytic skill is very important early on, but being brilliant at analyses only gets you so far - and not very far at that. To push into the partnership ranks you need to have much more skills, especially the ability to influence others, take risks and build your peoples capabilities.
4/23/2012 • 1 hour, 9 minutes, 25 seconds
67: What is business judgement
You cannot and will not improve your case skills from practicing case alone. "Case skills" refers to a variety of skills including body language, communication and especially business judgement. Business judgement effectively means your ability to make reasonable guesses/inferences in business situations. That largely comes from being well read. This podcast breaks down business judgement further and offers advice to improve this skill.ies.
4/17/2012 • 10 minutes, 12 seconds
66: Follow an R&D Strategy Study
An earlier podcast discussed a fairly labor-intensive case where we needed to literally roll-up our sleeves to find and extract data, and a corporate finance study. This engagement is somewhere in-between. It discusses a study I led to help a major corporation completely redesign their entire R&D strategy and restructure their R&D division, a behemoth of a unit with little direction. I do recall this being one of the friendliest clients I have ever encountered. PhD's usually are this way.
4/11/2012 • 34 minutes, 15 seconds
65: Discuss your analytic skills, sample answer
In this series of podcasts we look at each of the typical McKinsey/BCG FIT/PEI questions and provide a typical answer. Note, that while replicating this approach and standard will help you, we caution you that the main test of fit is in handling the cross-examination of your answer. Most candidates tend to be unprepared for that and we urge you to be very aware this will happen and to practice this interrogation style. You can never memorize your way out of these interrogations questions, since you cannot predict the actual question and, therefore, prepare for them. At least 20% of clients ignore this advice at their peril. The reality is that McKinsey will rarely ask this question directly. They will ask a simple question, not referring to leadership, but expect you to always draw out leadership, analytic, teamwork and "can-do" attributes.
4/5/2012 • 9 minutes, 43 seconds
64: Talk about a leadership example, sample answer
In this series of podcasts we look at each of the typical McKinsey/BCG FIT/PEI questions and provide a typical answer. Note, that while replicating this approach and standard will help you, we caution you that the main test of fit is in handling the cross-examination of your answer. Most candidates tend to be unprepared for that and we urge you to be very aware this will happen and to practice this interrogation style. You can never memorize your way out of these interrogations questions, since you cannot predict the actual question and, therefore, prepare for them. At least 20% of clients ignore this advice at their peril. Talk about a leadership example, sample answer
3/30/2012 • 21 minutes, 59 seconds
63: Talk me through your resume, sample answer
In this series of podcasts we look at each of the typical McKinsey/BCG FIT/PEI questions and provide a typical answer. Note, that while replicating this approach and standard will help you, we caution you that the main test of fit is in handling the cross-examination of your answer. Most candidates tend to be unprepared for that and we urge you to be very aware this will happen and to practice this interrogation style. You can never memorize your way out of these interrogations questions, since you cannot predict the actual question and, therefore, prepare for them. At least 20% of clients ignore this advice at their peril. Talk me through your resume, sample answer
3/24/2012 • 14 minutes, 31 seconds
62: Why is BCG appealing to you, sample answer
In this series of podcasts we look at each of the typical McKinsey/BCG FIT/PEI questions and provide a typical answer. Note, that while replicating this approach and standard will help you, we caution you that the main test of fit is in handling the cross-examination of your answer. Most candidates tend to be unprepared for that and we urge you to be very aware this will happen and to practice this interrogation style. You can never memorize your way out of these interrogations questions, since you cannot predict the actual question and, therefore, prepare for them. At least 20% of clients ignore this advice at their peril. Why is BCG appealing to you, sample answer
3/18/2012 • 10 minutes, 40 seconds
61: Why are you interested in this office, sample answer
In this series of podcasts we look at each of the typical McKinsey/BCG FIT/PEI questions and provide a typical answer. Note, that while replicating this approach and standard will help you, we caution you that the main test of fit is in handling the cross-examination of your answer. Most candidates tend to be unprepared for that and we urge you to be very aware this will happen and to practice this interrogation style. You can never memorize your way out of these interrogations questions, since you cannot predict the actual question and, therefore, prepare for them. At least 20% of clients ignore this advice at their peril. Why are you interested in this office, sample answer
3/12/2012 • 11 minutes, 28 seconds
60: Why did you go to Arizona state, sample answer
In this series of podcasts we look at each of the typical McKinsey/BCG FIT/PEI questions and provide a typical answer. Note, that while replicating this approach and standard will help you, we caution you that the main test of fit is in handling the cross-examination of your answer. Most candidates tend to be unprepared for that and we urge you to be very aware this will happen and to practice this interrogation style. You can never memorize your way out of these interrogations questions, since you cannot predict the actual question and, therefore, prepare for them. At least 20% of clients ignore this advice at their peril. Why did you go to Arizona state, sample answer
3/5/2012 • 6 minutes, 52 seconds
59: Please elaborate on a weakness, sample answer
In this series of podcasts we look at each of the typical McKinsey/BCG FIT/PEI questions and provide a typical answer. Note, that while replicating this approach and standard will help you, we caution you that the main test of fit is in handling the cross-examination of your answer. Most candidates tend to be unprepared for that and we urge you to be very aware this will happen and to practice this interrogation style. You can never memorize your way out of these interrogations questions, since you cannot predict the actual question and, therefore, prepare for them. At least 20% of clients ignore this advice at their peril. Please elaborate on a weakness, sample answer
2/28/2012 • 12 minutes, 34 seconds
58: Rules for FIT and PEI Case Interview Questions
In this podcast we outline some simple guidelines to use for McKinsey and BCG FIT/PEI cases. The objective is to know what each firm is for and then design the answer to address each of those points. The objective of FIT is not to deliver your life story. That is largely meaningless but unfortunately a common tactic used by many candidates.
2/22/2012 • 14 minutes, 31 seconds
57: Strategies for Written Case Interviews
Written cases, pioneered by Monitor Deloitte, and now used by all firms are very intimidating. Written cases actually test core prioritization skills much better than verbal cases, since written case interviews can dump tonnes of data on a candidate. The trick to written cases is to have a filtering system to find the data you need from the worthless data, and of course, recognizing that not all the data is useful. Written cases mirror cases done in case-method schools like Harvard. Lots of data is provided in those cases, but not all is useful. Your job is to find the useful data and that means having a framework upfront.
2/16/2012 • 18 minutes, 1 second
56: Richard Ivey Case Interview Advice
Richard Ivey in Southern Ontario is one of the 4 great case schools in the world - along with Harvard, IESE and Darden - and a school with which we have a deep affiliation given our client history. In recent years we have had much fewer clients, but we still retain a deep understanding of the program and receive many queries from Ivey candidates. This podcast details some of the common questions we receive from Ivey candidates in the hope it answers them all in one location. Much of the advice is counter-intuitive and we hope it helps with your own case interview preparation.
2/10/2012 • 23 minutes, 44 seconds
55: Inspiring Asian Client's Story
As a policy, we do not write much about our clients. However, I felt this story was worth sharing. A candidate from an unknown school, from one of the poorest developing countries in the world, lands an offer at BBM. In fact, the first from her country. I have heavily disguised her details to protect her identity. Note, this client was a Firmsconsulting Emerging Fellow, the very first and the reason we started this program, when she was admitted to our program and is part of the scholarship program we run to identify and groom outstanding individuals from the emerging markets and inner cities.
2/4/2012 • 31 minutes, 46 seconds
54: Summer Reading Books
These are the 4 books we recommend for summer reading. Two, are among the most important books for management consulting that we recommend for all management consultants. "McKinsey's Marvin Bower" is a book we recommend to every single and aspiring consultant and is the foundation of understanding the values of management consulting.
1/29/2012 • 7 minutes, 37 seconds
53: Some Consultants mislead
This podcast discusses one of the most common problems for candidates. When consultants are indifferent, unwilling to give bad news or insufficiently informed, they can provide misleading information which costs time and money. The irony is that candidates place too much emphasis on this feedback and sometimes hurt their chances. We discuss the reasons why this happens, common phrases to be aware off and ignore and how to carefully read between the lines when accepting feedback.
1/23/2012 • 19 minutes, 50 seconds
52: Proving our techniques on dialogue
Last week we attended a graduation dinner for a candidate, who insisted we prove to her that it is possible to speak authoritatively on any subject and with zero preparation. She introduced us to a doyen of health economics to test this theory. FYI – we were not prepped in advance and do not know anything about the field. We wanted to show her techniques to manage such situations. Listen to what happens.
1/17/2012 • 18 minutes, 56 seconds
51: Networking Mistakes
Tackles some the recent problems we have seen with candidates. We have tried to stay away from conventional advice and address issues not commonly discussed. Since this is largely based on the tactics we advise our clients to follow, it is bound to be counter to the plethora of advice you find in many books and on many sites.
1/11/2012 • 19 minutes, 53 seconds
50: Analyst-Partner mistakes
This long podcast (60 minutes) examines the common mistakes consultants make at each level of their career. I have gone into some detail to explain my own mistakes, and that of former and current colleagues. Some of the advice is counter-intuitive and I have stayed away from generic advice. This will be very useful to aspiring consultants who need to understand what it takes to succeed at each level.
1/5/2012 • 59 minutes, 33 seconds
49: Join Accenture etc?
We get this question more times than you can imagine. We also get a chorus of Accenture people telling us we are wrong, and they are “eating McKinsey’s lunch.” I think the question posed is incorrect and the defense of Accenture is incorrect. This podcast explains why. BBM are good at advising decision makers on general management issues. They excel at that. They are pretty much no-where in the implementation space. Accenture, Deloitte SO etc have their areas of strength, but it is not in the general management advisory space. They are both good at different things. Decide what you want to do and then pick the firm. However, don’t assume a firm is good everything, and if you have never worked at BBM, don’t believe everything your Accenture/Deloitte/[add your firms name here] partner says. Get first-hand information. FYI – Kennedy Research, the Economist and IDC Research are not first-hand information and neither is getting the opinion of a junior person or someone with just one or two years experience.
12/30/2011 • 13 minutes, 41 seconds
48: BCG And Clients
Not all BCG engagements begin via a call from the CEO or Chairman of the board. Many do, but life is not that simple. Some, unusually, begin with a call from a middle-manager who does not speak English well. What differentiates BCG, and McKinsey, from Tier-2 firms, however, is how we handle these calls, understand the deeper problems, and cascade the issues upwards until, when the time counts, we are in front of the board. Most Tier-2 firms receiving the same call would settle to try to sell the middle-manager a $100K project or simply dismiss him as unimportant. BCG uses it has an opportunity to learn.
12/24/2011 • 40 minutes, 15 seconds
47: Greg Smith's Goldman Op-Ed
I have had many people emailing me the Goldman Sachs letter to tell me that, “Michael, this is exactly what you teach us.” It is not. I fundamentally disagree with what Greg Smith did. It goes against the consulting culture, values and ethos, at its very fiber. Here is why, and I would welcome your comments on this.
12/18/2011 • 29 minutes, 29 seconds
46: Comparing 2011 MBA Salaries
Based on offers made to our candidates in the Fall 2011 full-time recruiting, we present the ranges of packages offered. The sample size, 48, is large enough to offer a good approximation of all offers extended. Listeners are cautioned not to extend these numbers outside the USA, where salaries differ significantly. As expected, Accenture and Deloitte dramatically out-offered Bain, BCG and McKinsey.
12/12/2011 • 14 minutes, 44 seconds
45: Follow A Corporate Finance Study
An earlier podcast discussed a fairly labor-intensive case where we needed to literally roll-up our sleeves to find and extract data. This is the opposite engagement. It is the glamorous engagement all aspiring consultants dream about and imagine consulting is about. In this engagement, we worked for the largest company in the world, in its sector, to understand how to increase its share price. We were based out of The City in London and had to change conventional wisdom about value creation. I had the good fortune to lead this engagement.
12/6/2011 • 43 minutes, 34 seconds
44: Why Most Fail the FIT Interview Outside the FIT
Many, many see fit as just 15 minutes of the full case. That is a dangerous myth. You are always being assessed for fit, even when the formal fit portion has ended. Provided you understand this, you will be fine in cases. Moreover, do not memorize answers. The main part of the fit is not the initial answer you provide, but the cross-examination which will follow, especially with McKinsey, and you can never be prepared for that.
11/30/2011 • 13 minutes, 55 seconds
43: BTO Applications and Interviews Strategies
This podcast addresses some of the common misconceptions candidates have, and the mistakes they routinely make for this McKinsey path. Many of this mistakes commonly arise due to the nature of the work done in BTO. We advice applicants to focus less on "what" is done and much more on "how" it is done. This is also one practice we have been most successful in placing older candidates.
11/24/2011 • 7 minutes, 1 second
42: Traits of Successful Consulting Applicants
A continuation of a podcast series we regularly update which looks at new traits and examines some in greater detail. In this posting, we spend more time looking at experienced candidates. Experienced candidates face unique and material challenges such as being out of an university recruiting cycle (out-of-cycle), having to prove their analytic skills, having to prove their ramp-up rate etc. We discuss how successful clients in our program have met these challenges and thrived.
11/18/2011 • 18 minutes, 33 seconds
41: Canadian MBA Programs for Consulting
This podcast provides some behind the scenes numbers about MBA program in the Great White North, as well as some tough questions candidates should ask themselves before applying. The headline is that the traditional power-house schools like Ivey and McGill have essentially fallen dramatically behind and largely rely on their alumni success versus any real weight in the current placement numbers.
11/12/2011 • 18 minutes, 3 seconds
40: Advice for Deeply Experienced Candidates
This podcast looks at the profile of an older MBA candidate who has extensive oil and gas expertise. We offer some counter-intuitive advice to this candidate for their career and planning. While we use an oil and gas profile, this advice is relevant to any experienced hire and we caution candidates to think very carefully about the quality of their backgrounds when applying this advice to their own needs. The quality is what matters - not the time spent in a sector.
11/6/2011 • 10 minutes, 39 seconds
39: Converting the internship
This podcast presents some proven strategies candidates can apply this summer. We will discuss actual internship examples from our own experiences in consulting firms, and the characteristics of the successful candidates. In particular, I will discuss of the very earliest interns I had the opportunity to hire as a principal and discuss their widely diverging careers, largely built of their internship performance.
10/31/2011 • 24 minutes, 27 seconds
38: Case Interview feedback is not gospel
Too many aspiring consultants stick too closely to the feedback provided by consulting firms after an interview. The problem with this strategy is that it assumes the feedback is truthful, useful and even designed to help you. This podcast explains how you need to go about critically evaluating the feedback you use, what to use and what to discard. This is an important podcast lest you end up chasing fictitious development areas.
10/25/2011 • 15 minutes, 31 seconds
37: Lessons from Jan 2012 Internships
In this podcast we extract the most important mistakes, best-practices and lessons learned from our clients who interviewed and are still interviewing through the January 2012 US MBA internships.
10/19/2011 • 28 minutes, 2 seconds
36: Public Sector Consulting
Far too many candidates think public sector work is boring. In fact, just the opposite is true. Public sector work typically falls into 4 categories: national government, regional government, state-owned-enterprises and state initiatives. This podcast focuses on national government and state-owned-enterprises, and we want to show you that these engagements are among the most eminent, significant, challenging and career enhancing. We will discuss specific engagements (scrubbed for detail) and why they are in many ways more exciting than private sector projects.
10/13/2011 • 23 minutes, 9 seconds
35: Deloitte S&O vs. McKinsey EM
We have responded to the bolded out part of the question below: “As a person from a big emerging market interested in the long term career in my region, I am thinking about which strategy makes more sense for a person like me: 1) start at BBM in his own country 2) start at BBM in the US, transferring after some time back to his country (to BBM or directly to industry). I can think of the following pros of the first option: a) better chances for success at BBM due to the absence of cultural barriers, higher growth of BBM in that country b) better exit opportunities c) the earlier opportunity to start building professional network in that country d) better experience at BBM due to higher chance of being staffed on “crown-jewel” clients. Pros of the second option: a) the prestige of the US experience b) better training c) better experience due to exposure to the American companies which on average are higher quality organizations than emerging market companies. I think many people would be interested in your opinion on this topic, Michael. A related dilemma that some of my friends have is making a choice between BBM in their home country and Deloitte/PWC in the US. What is better for them assuming they would like to be in their home country in 5-7 years?”
10/7/2011 • 9 minutes, 54 seconds
34: McKinsey USA or McKinsey EM
We have responded to the bolded out part of the question below: “As a person from a big emerging market interested in the long term career in my region, I am thinking about which strategy makes more sense for a person like me: 1) start at BBM in his own country 2) start at BBM in the US, transferring after some time back to his country (to BBM or directly to industry). I can think of the following pros of the first option: a) better chances for success at BBM due to the absence of cultural barriers, higher growth of BBM in that country b) better exit opportunities c) the earlier opportunity to start building professional network in that country d) better experience at BBM due to higher chance of being staffed on “crown-jewel” clients. Pros of the second option: a) the prestige of the US experience b) better training c) better experience due to exposure to the American companies which on average are higher quality organizations than emerging market companies. I think many people would be interested in your opinion on this topic, Michael. A related dilemma that some of my friends have is making a choice between BBM in their home country and Deloitte/PWC in the US. What is better for them assuming they would like to be in their home country in 5-7 years?” McKinsey USA or McKinsey EM
10/1/2011 • 16 minutes, 22 seconds
33: Husband Wants to Leave
We get a variety of queries from all levels of consultants: analysts up to principal. This question came from a female engagement manager in the USA. She was distraught after having worked very hard to build her career, and not sure how to handle this ultimatum from her husband. She was afraid that any changes to her work schedule would affect her partner track. We offer some helpful considerations for managing this delicate situation. Should you have a colleague in a similar situations it is essential not to judge either partner and NEVER offer the solution. Always offer options and discuss the considerations. In personal matters, the person in question must always make the decision. If you make it for them, they become reliant on your and that is not appropriate nor healthy for any relationship, personal or professional.
9/25/2011 • 12 minutes, 11 seconds
32: Managed Out in 4 Months
Unfortunately, in management consulting this is something everyone should plan for. Performance or economic conditions can lead to the up-or-out policy being applied. We have had several requests to help mainly associate (MBA-level) admits. The key thing is not to panic. Not to lose any leverage. Not to make rash decisions and rush off resumes. Not to do anything until this has settled in and a strategy has been developed. The decision should not affect your self worth in any way. In all fairness, consulting firms do treat candidates well during this painful transition. Full disclosure, I was the architect of many such decisions and can understand the difficulty for candidates. Here I present a blue-print to follow which worked very well when I released candidates. With the economy already softening , recruitment down worldwide for 2012 and fees down in several major offices, this podcast is timely.
9/19/2011 • 18 minutes, 19 seconds
31: Deloitte S&O SC drops BCG
This is such a great dilemma. The answer is going to surprise many people. Therefore, pay attention to the logic we apply to answer this question, as well as the real examples we will offer. The options are a) going back to Deloitte as a manager, or potentially a lateral move as senior consultant in another country, b) going to industry or c) moving to BCG. The path you want to take is important, and leads to some surprising conclusions. Far too many applicants simply assume BCG or McKinsey are better than Deloitte S&O. All other things being equal, they are if you are pursuing corporate strategy and particularly their training and value systems. However, things are rarely equal and you have to isolate those things which are not and understand their impact on the attractive of each firm to you and only you.
9/13/2011 • 12 minutes, 13 seconds
30: Advice for US MBA Jan 2012 Interns
Many of our candidates are still interviewing, but we can, with a fair degree of accuracy, determine how they will do. We project a 60%-65% placement rate, which considering that internships slots are far fewer than full-time slots, is expected. In this podcast we segment our candidates and present some important lessons for those who want to pursue the full-time cycle in September 2012, as well as candidates in other countries and US undergrads.
9/7/2011 • 12 minutes, 27 seconds
29: A Real Consulting Engagement
Most readers have a vague understanding of the lifestyle of a management consultant. It is cultivated by the images consulting firms work very hard to keep up. In this podcast we explain the issues found on a typical engagement, and most importantly, why the lifestyle is tough.
9/1/2011 • 37 minutes, 51 seconds
28: Advice for Aspiring Female Consultants
The problem with advice for female management consultants is that most of that advice is centered on telling females consultants they need to change to fit into consulting firms. That is bad advice, because you can never be happy if you change into something you are not. In the short-term, you may need to compromise, but you should always, always be trying to get the organization to adjust and accept you for who you are. That is essential.
8/26/2011 • 19 minutes, 34 seconds
27: Poor Case Learning
Oddly enough, very few candidates critically evaluate their learning styles before embarking on case training. To be fair, those who are weak at learning, present the most challenging cases for us. This podcast looks at the different stages of learning: 0 – learning how to receive, capture and apply feedback, 1 – learning the hard skills, 2 – learning the communication skills, 3 – learning to apply both, and 4 – application of both in successively more complex environments.
8/20/2011 • 10 minutes, 20 seconds
26: My 1st COO Client
The power and privilege of management consulting:I was in my lower 20′s when I was given my first engagement to interact directly with the COO of a major European multinational. There is no greater privilege in the world than gaining permission to sit across the table of an executive officer of a firm, and have a discussion about his operating model and its cost implications.
8/14/2011 • 16 minutes, 47 seconds
25: Prior Experiences Deficit
Unfortunately, this is a common question and dilemma for many candidates. They try desperately to gain experience at Deloitte or LEK, hoping this will offer an advantage when applying to the big three. In fact, this strategy is encouraged by many misguided MBA counselors and well-meaning friends who do not know any better – but should.
8/8/2011 • 17 minutes, 54 seconds
24: Must-read Books
Our book, focuses on the day-in-the-life view on management consulting. There are two other books I would strongly urge you to read. “McKinsey’s Marvin Bower” by Elizabeth Haas Edersheim is the single most important book to read. In fact, many McKinsey consultants should read this book as well.“The Mind of the Strategist” by Kenichi Ohmae is the other. Both these books are with me all the time. In this podcast we discuss why you should read these books, and avoid the McKinsey Mind, Way series.
8/2/2011 • 10 minutes, 59 seconds
23: Consultant to Partner
Most people have a romanticized view of management consulting work. Usually wrong. I wanted to talk about my typically day/week as an associate (MBA level) consultant, and particularly how that changed as I moved up the ranks to the partnership. It will help you understand why mental math is so useful, as well as the extreme stresses of the job. Keep in mind that I was a very, very driven partner. It was very normal for me to work most of Saturday and Sunday and I typically traveled on a Saturday night so I could arrive in a new city the day before the week began. This allowed me to adjust and prepare adequately for the week ahead. Many partners could, and do travel less. I still maintain an aggressive work and travel schedule and have never formed a family. It all depends on priorities and client demands.
7/27/2011 • 25 minutes, 39 seconds
22: McKinsey's True Impact
Just about every potential candidate we screen talks about the impact management consulting has on major corporations and governments around the world. Indeed, that remains an alluring reason to join BBM. In this podcast, I wanted to discuss the true impact of management consulting, by reflecting on one of my own projects, and discussing the real power and responsibility of management consulting. This will help you understand why cases are so tough. When thinking about the role and impact of management consultants, you must always remember the law of scarcity. There is never ever enough investment and jobs to go around. Therefore, when we advise on a plant being built in Poland versus Romania or entering Brazil today and Indonesia later, there will be winning families and losing families. There is no way around it. In the short term, someone will suffer. Your job is to make sure the client benefits no matter the emotional fallout. And there is always emotional impact. It cannot be avoided, though junior consultants are almost always shielded from it.
7/21/2011 • 25 minutes, 51 seconds
21: A tough client's lessons and failures
Podcast: Day 0 with a tough candidate Early this year, we spent a week in Middle East helping a candidate prepare for his case interviews. The son of a former client, this series of podcasts outlines the difficulties of placing someone starting from a zero base of preparation. I mean zero. We have changed some details but all the insights and examples are real. We were brought in to spend an entire week taking this candidate through a crash course in case preparation. In this first podcast we clearly outline the challenges we would need to overcome.
7/15/2011 • 23 minutes, 27 seconds
20: The types of cases that exist
Many candidates are confused between the different types of cases: interviewer led, interviewee led, brainstorming, market entry, market sizing etc. In this podcast we will discuss the different types of cases you will face and where you will likely encounter them.
7/9/2011 • 11 minutes, 45 seconds
19: Types of cases between firms
McKinsey, BCG, Bain and Roland Berger use similar but not the same case styles. Within even one firm, styles may differ. Each firm uses a very different interview style. We discuss the different styles to expect and how to handle the questions you will encounter. We also rank the difficulty of the cases from each firm. Expect some counter-intuitive ordering.
7/3/2011 • 14 minutes, 33 seconds
18: Comparing Offers between firms
How do you pick the firm to build your career: prestige, ranking, salary, feedback from friends or friendliness of the interviewer? Actually none of these will help you. In this podcast we explain how outstanding consultants build their careers and what you need to consider when choosing a firm.
6/27/2011 • 13 minutes, 2 seconds
17: Arithmetic skills actually needed for cases
We were forced to prepare this podcast after realizing how poorly candidates prepare for the arithmetic rigor they need to display. For some reason candidates believe practicing hundreds of math problems make them better at math. This is not how to learn math in cases. This podcast gives you proper guidance on learning arithmetic for cases, and how to communicate this competency.
6/21/2011 • 12 minutes, 3 seconds
16: Advising a McKinsey Consultant
On Monday this week, we had an early lunch at Crush restaurant at King West in Toronto. We wanted to advise a recently placed McKinsey associate who was struggling to make the transition. The challenges he faced provide an interesting perspective on what skills you will need as a consultant, and related to this, what you need to show in an interview.
6/15/2011 • 17 minutes, 15 seconds
15: Importance of Confidence in Cases
We would say 90% of candidates with whom we speak do not understand what is confidence, how to build it and how to demonstrate it. We will talk about experiences we have had with candidates with weak confidence levels and what you need to consider when preparing for your own interviews.
6/9/2011 • 10 minutes, 59 seconds
14: Did you pay $150K for a McKinsey interview
MBA programs want you to believe that joining a school like Stanford, Harvard etc in the MBA program will dramatically improve your chances of success. It will not and that is a huge myth.
6/3/2011 • 12 minutes, 25 seconds
13: Consulting Culture
This is a topic which is very dear and close to me. In fact, it is why we started Firmsconsulting and run it the way we do. Very, very few people truly understand the culture of management consulting. Many existing consultants also struggle to understand the culture. Consultants are professionals, not business people. I would strongly urge you to listen to this podcast.
5/28/2011 • 24 minutes, 2 seconds
12: McKinsey, BCG etc. exit opportunities exaggerated
This is an important podcast because it explains how a consulting career should fit into your overall career planning. Most candidates want to work at BBM because everyone says they should. They also think they know the exit opportunities but have a very weak, and sometimes fantasized, view on exit options.
5/22/2011 • 14 minutes, 35 seconds
11: Fatal brainstorming mistake made by all
You are unlikely to pass a McKinsey case interview unless you can brainstorm. Consulting interviewers are ALWAYS testing for poise, confidence, structure and logic in your response. Most candidates do this well everywhere – except when it comes to brainstorming. Learn how “not” to brainstorm. This podcast looks at one of the most common brainstorming problems. A problem so common, that many simply assume it is the way to brainstorm. Fixing this problem can improve your brainstorming skills by between 5% to 30% percent.
5/16/2011 • 8 minutes, 47 seconds
10: The Strategy Study
McKinsey, BCG et al engagements are very different from the stories typically depicted on blogs etc. Too often the writer seems intent on explain how long the hours are and the need to do analyses. That is part of the picture but far from the entire story. Many of these stories are also written bottom-up with an associate or analyst seeing things from their relatively narrow view without a proper feel for the higher level discussions.
5/10/2011 • 16 minutes, 37 seconds
9: The Impossible Candidates Lessons
Here we talk about the unusual tactics we used to place a musician into BBM Europe who had just a master’s degree in music, from an elite institute and 4 years of experience in the Arts. Lacking a business background she decided to make the transition after her marriage. The tactics are not surprising, but the execution is.
5/4/2011 • 19 minutes, 10 seconds
8: Lessons in not placing a successful Wharton MBA
Having a brilliant profile and credentials is good, but not great. In this podcast we discuss the hurdles which caused a brilliant Wharton MBA to stumble during their interviews. Much came down to the candidate simply not understanding the consulting culture and not acting on feedback. Moreover, McKinsey, especially BCG, look for reserved leaders versus over-confidence. That balance is crucial.
4/28/2011 • 19 minutes, 59 seconds
7: English-speaking offices
Aspiring consultants typically struggle at this selection and arrive at the wrong strategy. When you live in a country with just one BBM office, like most countries, how do you select a 2nd, 3rd or 4th choice? How many options do you realistically have and how do you size them up? Are the UAE and Singapore your only options? This podcast addresses these issues.
4/22/2011 • 14 minutes, 10 seconds
6: Advice on speaking like a consultant
If you read forums worldwide everyone is obsessed with cracking the case. Yet, most people cannot communicate like a consultant. We hope by reading this post, candidates spend an equal, if not more, time focusing on their communication skills as well. If you cannot speak like a consultant, you cannot be a consultant.
4/16/2011 • 16 minutes, 59 seconds
5: Families and McKinsey
No one will say this, but you should not be planning a family in the formative/early years of McKinsey or BCG. While firms go to great lengths to extol the virtues of their family friendly cultures, at the end of the day, the numbers say otherwise. It is very difficult to balance family demands and the pressures of a McKinsey engagement. It is best to select phases in your life, and early in you career, focus on career building. Related: - The Consulting offer 2: The Challenges of A Chinese female PhD Purusing Consulting - Quarterly Article: Why there are so few female management consulting partners
4/10/2011 • 16 minutes, 54 seconds
4: Anatomy of a McKinsey Networking Event
The most important piece of feedback for a McKinsey, BCG et al networking event is to do nothing. You actually want to draw as little attention to yourself as possible. Networking events are really formats where consulting firms market themselves. There are obviously exceptions, but rarely is this going to be a moment for you to market yourself. For one, there is too much happening around you and you will almost never get an opportunity to dazzle anyone. Related: The Consulting Offer season 2, Episode 1 Partner Networking and Resume Feedback Quarterly article: Networking with Management Consulting Partners
4/4/2011 • 20 minutes, 35 seconds
3: McKinsey and BCG Networking
Unless you have a stellar resume and profile, you will likely need to do some form of networking to secure an interview. Most aspiring consultants cannot network and treat networking as a “tick-the-box” set of coffee chats and phone discussions. Related: The Consulting Offer season 1, Partner Networking Emails
3/29/2011 • 17 minutes, 27 seconds
2: Screening McKinsey Resumes
This podcast introduces and discusses the steps firms like McKinsey use to screen and review resumes. Consulting firms and recruiters essentially look for five things: 1 Your school 2 Grades at school 3 Stature of employers 4 Achievements at work 5 Personal experience
3/23/2011 • 20 minutes, 44 seconds
1: Importance of GMAT Scores
This podcast answers the following reader question on GMAT scores and their relevance versus GPA scores when applying to consulting firms.