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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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 …
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Management consultants have learned to sell all sorts of weird projects to their clients. Some of them were born out of the need of the customer. Others were developed internally by the consulting firms. Consulting projects differ drastically and I will try to shed some light on the main types of projects you can come …
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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Life is funny. We tend to concentrate on the things we have to learn to move up the social ladder but we tend to forget that is also a story of unlearning things we have done so far, changing habits that we have so meticulous built into the fabric of our life. As you go …
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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Badass Consultants 