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Skills, Tips, and Tactics

What Skills Do Firms Want in Aspiring Consultants?

The role of a consultant is dynamic and complex, requiring a unique blend of skills that go beyond pure technical proficiency. In this 2-part article, I will outline the 5 key skills of an effective consultant, then discuss how to hone and highlight these skills. Being a consultant is no easy feat, and almost every […]

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Leadership

Lead Management: Fostering Good Habits in the Workplace

In the previous article, I introduced the concepts of boss and lead management, and it seems clear-cut that the latter is superior and preferable. In this article, I explore why managers might struggle to implement lead management and fall back into the bad habits of boss management. Scenario – The Tardy Employee Consider a classic […]

Categories
Leadership

Boss vs Leader: Two Distinct Management Approaches

No one likes a tyrannical, controlling, and disempowering boss. A heavily top-down approach might have worked in the past but this style of boss management is increasingly ineffective and alienating to employees. In the modern workplace, the best managers have instead embraced a more empowering and collaborative method known as lead management. While most companies […]

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Economics

Inflation: Understanding its Impact on the Economy

Understanding inflation is essential for comprehending the global economy and predicting how changes in inflation are likely to impact economic activity, employment, and asset prices. Inflation, which refers to a general increase in the price of goods and services, results in a reduction in the purchasing power of money over time. Since 2008, the rate […]

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Economics

The Fed: Chairmen More Powerful Than Presidents

This is the second article in a series about the U.S. Federal Reserve. The Fed has significant influence over much of the U.S. economy, which in turn impacts economic growth and government policies worldwide. Thus, Jeremy Powell, current chairman of the Fed, is arguably the most powerful man in the world — in some ways […]