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Management consulting is an excellent stepping stone for career development as it exposes consultants to multiple industries and functions, while the steep learning curve pushes them to develop transferable skills such as problem-solving, leadership, and communication. However, the industry also comes with a reputation for its long hours and a challenging work-life balance. It is… read more →
Outdated Process Series Previous articles in this series discussed the challenges of identifying outdated and inefficient processes and what tools are needed to successfully implement business process improvements. This article will look at one other important component that must be taken into consideration when implementing change: your Management Operating System. The Importance of Your Management… read more →
The concept of change means something is becoming different. When your organization starts initiatives to improve performance, address key issues, or drive new opportunities, change – becoming different – is required in processes, methods, technology, and organizational structures. In any undertaking of organizational change, people within that organization must change first – acquire new knowledge,… read more →
As an experiment, a cohort of MBA students was given a math test with difficulty at about the 5th-grade level. The test was administered online, designed as an open book multiple-choice, and no time limit was imposed. All possible conditions were put in place to make passing the test easy. The results, revealed at the… read more →
Optimizing operating rooms is a difficult undertaking because there are so many variables involved, including doctors and staff with myriad responsibilities. It’s hard to know where to start. How do you prioritize tasks and which responsibilities take precedence? Does the process have an actively managed and well supported set of steps? Do all team… read more →
Strategy is a popular subject in business schools: it has a certain air of intelligence and sophistication about it. But it’s a term that’s overused without being well understood. If a poll were to be conducted, most business school students would probably not be able to give a proper definition of what “Strategy” is. And… read more →
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