Categories
Economics

Taking Profit

I am currently living in Beijing, lecturing strategy and finance courses to undergraduates. One observation I’ve made is that the people here are good at identifying opportunities for profit. And I use the word profit not in a financial sense, but with the broader meaning of the French verb profiter, which means “to make the most advantage of”. This […]

Categories
Skills, Tips, and Tactics

Consulting Jargon

We have commented on consulting jargon before, but we will do it again. Organisations hire management consultants to provide advice on their most challenging business problems. Senior management are busy people, and so consultants need to communicate as clearly as possible. The need for clarity, however, has not prevented consultants from developing an industry jargon all […]

Categories
Leadership

How To Avoid Five Common Leadership Mistakes

If you have recently been placed in a leadership or managerial position in your company, then you may need to change the way you approach work each day. The five most common mistakes discussed below are made by those in management in virtually every sector of the business world. Learning how to avoid them can […]

Categories
Career Advice

Consulting or Banking

If you are a high achieving undergraduate or MBA student, then you are likely to be considering various highly paid and prestigious career options. This post provides you with a high level comparison of management consulting and investment banking. 1. Nature of the job Management consultants assist organisations by providing advice to address specific problems […]

Categories
Economics

In Search Of Returns

The wonderful thing about financial markets is that they help to get funds from people who have them to people who have a productive use for them. In other words, they help to make things more efficient by enabling money to be put to good use. The problem with financial markets, though, is that more […]