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Skills, Tips, and Tactics

The 80/20 Rule: Why Precision Kills Efficiency in Consulting

When aspiring consultants transition from academia, they often carry a deeply ingrained belief that exhaustive research and absolute mathematical precision are virtues. However, in the high-stakes, time-constrained world of management consulting this mindset, though academically rigorous, is often counterproductive, even disastrous. As a young professional, you must master the art of efficiency, which means strategically […]

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Skills, Tips, and Tactics

Don’t boil the ocean

THERE is a term that consultants use which is called “boiling the ocean” (I borrowed this idea from Victor Chang). If you want one cup of hot water, there are two ways you can do it: go and collect one cup of water, and heat it up; or try and boil the entire ocean. As […]