How to come up with new business ideas

To build a business you need a good idea that you can explore and develop. Unfortunately, coming up with good business ideas is not easy. That is why quite often firms hire Management Consultants to help them with this sort of project. I will show you briefly different methods that you can use to come …

How to cut costs – best practices from consulting

Every company has to control costs in order to survive and prosper. Therefore, many firms on regular basis perform cost reduction projects.  Cost reduction projects may be part of a wider Performance Improvement Project or be a standalone project carried out only in one of the business units. Those projects are extremely interesting because you …

How to change your business during the recession caused by coronavirus

A few years ago I have seen a documentary movie showing a refugee camp. To my surprise they have managed to create a mini economy inside the camp. There was a school, hairdressers, church, modest fast foods and small workshops. In other words even if the worst happens a new balance is created in which …

How to conduct consulting projects in consumer good businesses

Consumer goods are tough. You have so many customers that you cannot threaten them or negotiate with them. You have to think about segments, trends and act indirectly with a lot of marketing and indirect sales. That’s why consulting projects devoted to consumer goods are so much fun. You can do there plenty of interesting …

Top Management Consulting Techniques, Tools and Frameworks

Management Consultants are not born smart and almighty. They dress to look that way but most of their “magic powers” come from application of simple techniques, frameworks and tools. Do you want to master those “magic” tricks and be as smart as them? If the answer is YES, then let’s spend the next 20 minutes …

Essential Lean Manufacturing Techniques every Badass Consultant should know

Lean Manufacturing techniques are extremely powerful not only for production but for all areas in the firm.  It is also not only limited to production based businesses. Over the last 10 years I have seen the very same principles being applied to startups (lean startups, lean analytics, scaling lean), services (optimizing costs and service level), …