While management consulting has pioneered many advances in business management, the industry is responsible for perpetuating many, of what I consider to be, horrific business sins. One of the most egregious and widespread of management consulting offenses is the practice of slide-umentation, a term I first heard while conversing with Eric, which refers to the [...]
How should a company choose what to invest in? The most logical means of evaluating an investment would be to perform a basic cost-benefit analysis on each investment relative to the others. This is no small task, as with each investment, there is always an element of risk that is difficult to gauge (i.e. maybe sales will jump [...]
Signaling is a concept from economics which makes the vast majority of higher schooling seem irrelevant. Why else do financial services firms oftentimes seek physics and math students (often with negligible background in business or finance)? Why else are pre-medical students required to endure class after class of essentially zero relevance to their profession of [...]
If you had told me four years ago that I would be working in consulting, I would have responded with a question: “What’s consulting? And, why am I doing it?” As recent as a year ago, I was positive that I would be pursuing a PhD in Systems Biology (or, as it is sometimes referred to, Computational Biology or [...]