Consulting skills Archives - Page 20 of 23 - Management Consulted

Category: Consulting skills

Influence Model – McKinsey’s Change Management Model

Influence Model, McKinsey's change management model, is one in a long list of potential frameworks one can draw upon during a case interview. Of course, it’s also relevant if you…

Mental Math Drills

Whether you majored in English or Mathematics, consulting firms will expect candidates to have a certain level of proficiency in math. The good news is that the math in case…

How Consultants Use Excel

This article is for anyone who wants to understand how consultants use Excel. Whether you are an aspiring consultant or already on the job, a better understanding of how consultants…

Capex vs. Opex

At some point in your business career (hopefully sooner rather than later) you’ll find yourself wondering – what is the difference between capex vs. opex? Whether you want to run…

Types Of Business Communication

Understanding that there are different types of communication for business allows you to maximize your team's effectiveness. Email, meetings, and interpersonal communication are all different but play an integral part…

Variable Cost: Examples, Definition, & Formula

Variable cost is one of the two major cost categories that you'll find in nearly every business endeavor. Together with fixed costs, they form the foundation of all corporate expenses.…

Top Corporate Training Topics

Corporate training presents a great opportunity for your team to engage with each other, and up-skill in key areas that most affect performance. Choosing the right corporate training topics is…

What Makes a Good Corporate Trainer?

There is no lack of available resources to understand what makes a good corporate trainer. The real question is: How do you know a good corporate trainer from an acceptable,…

BCG Growth Share Matrix Example

The Boston Consulting Group (BCG) Growth Share Matrix efficiently and effectively identifies if investments should be made into a product or service. Conversely, it also shows if a product or…

Business Communication

Business communication is often considered a soft skill, when it should really be considered a hard skill. Unclear communication costs companies millions of dollars per year in inefficiency and lost…

Fixed Cost: Examples, Definition, & Formula

Fixed cost is an essential part of accurate profit projections for every business, regardless of its size. As such, it is included in the calculation of cost of goods sold.…

What Is A Hypothesis

Case interviews are often challenging because they are open-ended, with limitless possibilities of where you can go. There is some truth to this predicament – there is always more than…