What are Key Performance Indicators (KPIs) and how to use them in practice

Only things that are measured get managed. That it’s why it is vital for every business to have well-defined KPIs. In this post, I will show you the main concepts around KPIs. For more details, I recommend checking my online course: KPI and metrics for Management Consultants & Managers What are KPIs? Let’s first start …

How to scale up a business – best practices from top firms and Management Consulting

If you have managed to build a successful business that is also profitable, at some point you will start thinking about scaling your business and drastically growing its size and profits. This will require a different approach than the everyday management of the business. You need different frameworks to scale fast & efficiently the business. …

Essential Segmentation Methods for Management Consultants & Business Analysts

If you are participating in a consulting project devoted to Sales & Marketing or Strategy most likely you will have to either do segmentation or analyze existing segments of customers. You will try to achieve it on the basis of internal data, market research as well as other external data. That’s why today we will …

What kind of financial analyses you will be conducting during consulting projects

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 …

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 …