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 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 …
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Types of consulting projects
Management consultants have learnt to sell all sort 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 …
How to conduct market research during consulting projects
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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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 …
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How to prepare for the case interview and get into consulting
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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How to crush it with Excel – practical guide for Management Consultants
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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How to create a finacial model
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 …
What I hate in consulting?
Consulting, like every industry, has its shitty moments, things that piss you off and make you hate the job. I have my list of things that I hate in consulting. Below just a few of them. Enjoy the list of an always complaining badass consultant 🙂 : Suits. The Suit are a modern tool of …
How to manage consulting projects
Regular consultants want to finish project on time according to agreed deadlines. The badass consultant prefers to have it almost ready in the half of the agreed time. On top of that he delivers and outstanding quality much higher than the rest. Seems like a bit of a contradiction? Let’s see how it can be …