Tom Spencer

BCG is a top tier consulting firm. If you're thinking about a consulting career, then they need to be on your radar. For more information, visit the BCG careers website. Click here to view the article

FTI Consulting, the global business advisory firm dedicated to helping organisations protect and enhance their enterprise value, has been awarded the 2014 Association of Management Consulting Firms Spotlight Award for Operational Performance. The AMCF Spotlight Awards were announced on 27 March in NYC. For more details, read the full article. Click here to view the article

The UK government has appointed Capgemini to upgrade the Foreign and Commonwealth Office Enterprise Resource Planning (ERP) Systems. The two year contract is worth £6.3m. Under the deal, Capgemini will support the upgrade of the ERP Systems that manage finance, procurement, projects, HR and payroll functions for the Foreign and Commonwealth Office. For more details, read the full article. Click here to view the article

McKinsey, arguably the world's most prestigious management consulting firm, has managed to produce a long list of Fortune 500 CEOs. According to USA Today, more than 70 Fortune 500 CEOs are McKinsey alums. McKinsey's famous "up or out" policy results in a constant stream of departures, which means the firm loses talented consultants every year. They also face stiff competition from other top consulting firms and high paid jobs in Silicon Valley and elsewhere. With constant talent outflows and strong competition, how does McKinsey stay on top? The answer appears to be twofold. Firstly, McKinsey places strong importance on talent development. They promote their consultants quickly or help them obtain favourable positions elsewhere. Duff McDonald shares this view in his recent book The Firm: The Story of McKinsey and Its Secret Influence on American Business. In addition to talent development, McKinsey also seems to view its former employees differently when compared with other firms. Instead of seeing former employees as traitors or turn coats, they view them as valued alumni and life long members of the McKinsey family. The best way to achieve success is to emulate it, and other firms would do well to understand how McKinsey operates and apply these lessons to their own organisations. Click here to view the article

L.E.K. is currently recruiting Consultants in Sydney and Melbourne for 2014 start dates. They are seeking highly motivated, creative, and entrepreneurial candidates who possess strong finance skills, effective interpersonal and communication skills, leadership qualities, and uncompromising ethics. Note for non-Australians: International candidates will be sponsored. For more details, visit the L.E.K. website. Click here to view the article

PwC has released its 6th Annual Digital IQ Survey. The report's findings include: 80% of CEOs name technology as a top priority PwC identifies 5 Digital IQ Behaviours that enhance the value of digital investments Companies that adopt the 5 Digital IQ Behaviours are 2.2x more likely to be top performers in revenue growth, profitability, and innovation 5 top strategic technologies are: data mining and analytics private cloud technology cyber security mobile customer technology external social media technology 70% of top-performing companies have a strong CIO-CMO relationship 77% of top-performing companies companies have an IT department with an excellent understanding of marketing 81% of top-performing companies in the survey had a CEO who champions the use of technology to achieve strategy Companies that measure innovation are twice as likely to be top performers. Click here to view the article

EY announced today that it has received a record 5 Spotlight Awards from the Association of Management Consulting Firms which are awarded for excellence in consulting. EY won awards in the following categories: Change Management, Growth Strategies, Developing Markets, Operating Model Design, and New & Digital Media. For more details, read the full article. Click here to view the article

At just 14 years of age, Suvir Mirchandani could have saved the US federal and state governments up to $400 million per year with his recommendation that they change their font type from Times New Roman to Garamond. Suvir is a sixth-grade student at Dorseyville Middle School in Pittsburgh and made the calculations for a school paper, which has now been published in the Journal of Emerging Investigators. Suvir was quoted as saying, “I recognise it’s difficult to change someone’s behavior [but] I definitely would love to see some actual changes and I’d be happy to go as far as possible to make that change possible.” Very impressive work. Suvir sounds like a natural born management consultant. Do you think a traditional management consulting firm would come up with this kind of insightful recommendation? For more details, read the full article on the Forbes website. Click here to view the article

Accenture (NYSE: ACN) today announced the release of its 2012–2013 Corporate Citizenship Report entitled “Our Communities, Our Commitments” which explores the company’s corporate citizenship goals, progress and challenges. The report highlights Accenture’s "Skills to Succeed" initiative, which reports that Accenture has equipped more than half a million people with the skills to get a job or build a business. For more details, read the full article. Click here to view the article

EY, KPMG, and other firms win AMCF Spotlight Awards for value and excellence in management consulting. Tata Consultancy Services wins best internal initiative. For more details, read the full article. Click here to view the article

Accenture's latest corporate citizenship report indicates that its emissions per employee have fallen 36% since 2007. The feat has been achieved primarily by using video conferencing and green procurement standards. For more details, read the full article. Click here to view the article

Big Blue is spending big to build up its marketing consulting business. IBM will announce on Thursday that it is investing $100 million into a recently formed division IBM Interactive Experience. The division pulls together IBM’s digital marketing agency and its other marketing-related businesses such as data analytics and design, all of which are aimed at helping companies target and market to customers more effectively. For more details, read the full article. Click here to view the article

Many companies in the emerging markets are finding it difficult to recruit enough experienced managers to keep up with the pace of growth. Stephen Shih, head of Bain’s MBA recruiting efforts in the Asia Pacific, believes that the demand for talented managers within high growth companies exceeds supply. Shih tells BusinessBecause that Bain is looking for graduates with a wide range of educational and work experiences. "But in all situations we are looking for someone who has demonstrated a track record of creating change." For more details, read the full article. Click here to view the article

World T.E.A.M. Sports President and CEO Van Brinson announced today that Booz Allen Hamilton, a leading management consulting, technology, and engineering services firm, will be returning for a fourth year as a sponsor of the national non-profit's April 25-27 Face of America ride, an event honoring America's disabled veterans and the American spirit. ... For more details, read the full article. Click here to view the article

Template Résumé View File Create a winning résumé using this quality free template, which is based on a standard template provided to Oxford's MBA students. To stay in the loop by following us on LinkedIn, please click here. Submitter Tom Spencer Submitted 03/27/2014 Category Consulting Applications  

EY has produced a bleak forecast for the eurozone compared with its outlook for the UK and the USA. EY predicts 1% growth for the eurozone in 2014. Tom Rogers, Senior Economic Adviser at EY, said “the eurozone recovery is likely to gather momentum this year ... While the risks of a breakup have diminished ... deflation and unemployment will remain ongoing concerns.” For more details, read the full article.

A former associate with Booz Allen is suing the firm for allegedly reneging on a pay raise granted to her in writing in an attempt to keep her at the firm. The Washington Business Journal reports that Gia Allen turned down a job offer from Thomas & Herbert Consulting on the understanding that Booz Allen would give her a pay increase and the ability telecommute. She is now suing Booz Allen for lost wages as well as around $40,000 in damages. It is fairly common for big firms to promise their employees the world and then fail to deliver. The surprising thing is that Booz Allen has allowed this to escalate into litigation. People are asking questions about Booz Allen. If the firm lacks even the simple ability to negotiate a pay issue with its own employees then what else do they lack? Some people have suggested that the firm lacks strong management, and others have gone so far as to suggest that the firm may be struggling financially. What ever the case may be, university students looking at consulting options should take this into account. Where there is smoke there is fire. For more details, read the full article.

According to a report by Glassdoor, the highest paying companies in America include management consulting firms and tech companies. The following firms were among the highest paying: McKinsey BCG Juniper Networks LinkedIn Yahoo! Google Twitter Apple

View File Victor Cheng - Case Interview Overhead Slides This document was produced by Victor Cheng, founder of CaseInterview.com. It provides a copy of the overhead slides that he produced to accompany his case interview marathon workshop. Submitter Tom Spencer Submitted 03/19/2014 Category Case Interview Prep

Capgemini Consulting, a global strategy and transformation consultancy, has been recognised by Source for its consistently high quality of thought leadership. Capgemini has been ranked in the top 5 best consultancies in the world for thought leadership in the second half of 2013; a rise of 10 places from the second half of 2012. Source ranked Capgemini Consulting’s digital transformation study ‘Digital Transformation: A road-map for billion-dollar organizations’ in the top 5 thought leadership publications of the last decade. Fore more details, read the full article.

PwC’s Global 100 Software Leaders Report shows that Software-as-a-Service (SaaS) revenues for the top 100 firms grew by 60% to US$20 billion in 2012. Other trends include: Software companies are moving towards production of user friendly apps that can be offered as a service in the cloud. Digitisation is becoming the norm with non-tech companies now digitising their products. For example, clothing companies are adopting wearable technology that can provide health and fitness information to customers. Software vendors (think Microsoft and Google) are embracing hardware in order to position as device and service providers. For more details, read the full article.

The Management Consultancies Association has announced that BearingPoint (the management and technology consultancy) has joined as a member. BearingPoint is a leading European management and technology consulting firm, with over 3,000 staff and working clients in over 70 countries. For more details, read the full article.