The Marshmallow Challenge: What kids can teach MBAs about innovation
Fascinating TED talk about innovation here. Teams of four are given sparse materials and asked to build the tallest structure they can in 18 minutes. On average, kindergarteners do better than MBAs....
View ArticleBook Review: Poker MBA
Ten years ago, I read a book that compared business with poker. It had a very catchy title: MBA Poker: Winning in Business No Matter What Cards You’re Dealt, with a simple premise. There are many...
View ArticleWhat is a good excel model?
Recently, I was given an excel model that was like the Titanic: large, slow, overly ornate, and structurally unsound. Not only was it frustrating to work with and laborious to fix, it was also a bit...
View ArticleConsulting Salary: How much money do consultants make?
Management consultants make good money. They should not complain. If you look at the 2012 MBA graduation statistics of Harvard, Kellogg, Virginia, or Duke, you will see newly minted MBAs making...
View ArticleGet a MBA? Pros and Cons
I got my MBA 8 years ago. It was a good use of my time, attention, and money. That said, there are a lot of MBA skeptics out there, and they have good reasons. 3 CONS of the MBA: 1. … Continue reading →
View ArticleCase interviews: Time to start practicing
Case interview. If you are an undergraduate or MBA student who wants to get a consulting offer, you better do well on the case interview. If you ran a regression on consulting offers and good case...
View ArticleThe Marble and the Sculptor
The Marble and the Sculptor. So one of my best friends had his book published today. He is a lawyer by trade and by heart. The publisher is the American Bar Association. Yes, that Bar Association....
View ArticleResumes are bait
I am not in HR, a recruiter, or even a super linkedin.com user. That said, I was on the recruiting team at a Big 4 consulting, and we looked through hundreds of resumes every year and 90% of them went...
View Article10 reasons why supply chain is not boring
Supply chain seems boring. To most people, the phrase “supply chain” creates little excitement. To the chagrin of operational consultants everywhere, it probably ranks close to the bottom on the list...
View ArticleFrameworks: Distill your thoughts until they are 80proof
Consultants are structured thinkers. They may not have as intuitive a grasp on the topic as the client – after all, the client has been living in this field their entire life – but consultants excel...
View ArticleWhy 14% of Harvard goes into Consulting
I recently read a 4,300 word article in the Harvard Crimson school newspaper that helps to explain why more than 14% of the Harvard graduating class goes into management consulting. If you are...
View ArticleNew Darden dean is ex-McKinsey
UVA Darden is a strong business school known for its case study method. Like Harvard, UVA uses this method to teach everything from finance to ethics. Over the course of 2 years, the students have...
View ArticleConsulting tip: Ask good questions, publicly
Consultants ask great questions. Peter Drucker famously said, that “My greatest strength as a consultant is to be ignorant and ask a few questions.” BOOM. Today I was in a big corporate meeting of 60+...
View ArticleThe Marshmallow Challenge: What kids can teach MBAs about innovation
Fascinating TED talk about innovation here. Teams of four are given sparse materials and asked to build the tallest structure they can in 18 minutes. On average, kindergarteners do better than MBAs....
View ArticleBook Review: Poker MBA
Ten years ago, I read a book that compared business with poker. It had a very catchy title: MBA Poker: Winning in Business No Matter What Cards You’re Dealt, with a simple premise. (Affiliate link)...
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