Categories
Economics

The Fed: What is the Federal Reserve System?

In recent years, the news has been filled with stories about the impending collapses of the banking system. The Federal Reserve (the Fed) influences U.S. interest rates. Since the U.S. dollar is the global reserve currency, this means that the Fed also influences the level of interest rates around the world. As a result, Fed […]

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Strategy

Strategy Unpacked: More Than Just Plans or Tactics

Strategy is arguably one of the most overused words in the English language. Most people that use it have no idea what the word means. Yet, being strategic is one of the highest-valued skills in business. Hundreds of professors have dedicated their lives to studying strategy, and consultants are paid fortunes to develop and implement […]

Categories
Skills, Tips, and Tactics

Weight Management: Tips for Busy Consultants

Being a management consultant is a rewarding yet challenging profession. Business consultancy can involve helping to increase a business’s capabilities, develop a new product, or enter a new market. While you may be a highly proficient management consultant, the pressures of the job can make it challenging to take consistently good care of yourself. According […]

Categories
Skills, Tips, and Tactics

Learning to Lead: Communicating with Clients and Teams

In consulting, one of the most coveted and highest compensated roles is that of the engagement manager (EM). This role is crucial to the functions of a consulting firm. They often have significant influence on the success of a consulting engagement, as they often interact directly with clients and oversee engagements end-to-end. Similar roles are […]

Categories
Innovation

Embracing Diversity in Global Management Consulting

Stepping into a room filled with consultants hailing from diverse corners of the world, a vibrant tapestry of perspectives unfolds before you. Their differences aren’t just acknowledged – they’re celebrated. This scene encapsulates a shifting paradigm in management consulting, where the ascendancy of cultural diversity and inclusion is shaping our collective approach to the challenges […]