How to be a badass consultant and deliver value to your customers
During consulting projects, you will have to, one way or the other, conduct quite a lot of financial analyses. Even if you don’t want to be a master of finance I would suggest learning the essential financial analyses. Such analyses will not be the most exhilarating part of the project, but without them, you will …
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Consulting firms are also hired to improve the cash flow of the firm. It may be a part of attempts to save a failing business from bankruptcy or simply improve the returns for the shareholders. Improving the cash flow, liquidity requires a certain methodological approach. In this post, I will show you the main methods …
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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 …
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 …
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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 their plenty of interesting …
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How to create a strategy? Management Consultants are extremely good at creating a plethora of strategies, tactics, and frameworks. They all sound interesting but at the very end, you don’t know how to use them and how do they interact with each other. Below is a nice picture showing just a handful of them. If …
The most important piece of advice to all management consultants was given by Dr. House in the famous TV show: Yes. Everybody lies. They do it to save their position or to seem in control. Quite often they simply don’t know. If you want to be a true badass consultant you cannot let lies slow …
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Consulting is a great place where you can learn how to understand and improve businesses. This is a pretty useful skill if you want to become later on a manager, a founder, or a CEO. If you get to the level of a badass consultant all of a sudden everything will seem obvious. Nevertheless, it …
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In Consulting you will have one friend that always will be there for you, who will be helping you in ways you can’t imagine. You will spend more time with him than with your family and friends. If you treat him nicely and spend time with him he will help you with your career, private …
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Money doesn’t give you happiness. Yet, it is much better to be unhappy in your new BMW than on your bicycle 😉 In consulting you will have to from time to time create or supervise the creation of financial models. There are the bread and butter of every due diligence, restructuring, or even business development …
Badass Consultants 