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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....

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Book 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...

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What 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...

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Consulting 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...

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Get 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 →

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Case 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...

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The 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....

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Resumes 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...

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10 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...

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Frameworks: 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...

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Why 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...

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New 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...

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Consulting 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+...

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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....

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Book 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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