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 …

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 …