510: How to solve the crux (with Richard Rumelt)

510: How to solve the crux (with Richard Rumelt)

Welcome to an episode with Emeritus Professor at UCLA Anderson, Richard Rumelt.

Get Richard's book here: https://amzn.to/3OrNfuK

In this episode, Richard iterated the real meaning of strategy, which many companies today confuse with a list of their goals and ambitions. Strategy is problem-solving – a clever way of dealing with a challenge, opponent, or problem. It also involves selecting which battle you fight because you cannot fight them all. As a great strategist, you need to select battles that you can win.

Richard also explained the crux or the biggest challenge that companies need to identify, emphasize, and concentrate their resources on until it is fixed or solved. As Richard mentioned in this episode, "the primary thing about strategy is that it is about a concentration of resources. It is about focus."

Richard Rumelt received his doctorate from the Harvard Business School in 1972, having previously earned a Master of Science in electrical engineering from UC Berkeley. He worked as a systems engineer at the Jet Propulsion Laboratories and served on the faculty of the Harvard Business School. He joined the UCLA faculty in 1976. He also served as a faculty at INSEAD, France for three years. At INSEAD, Rumelt headed the Corporate Renewal Initiative, a research-intervention center devoted to the study and practice of corporate transformation.

Rumelt was president of the Strategic Management Society from 1995 to 1998. He received the Irwin Prize for his book Strategy, Structure, and Economic Performance. In 1997, he was appointed Telecom Italia Strategy Fellow, a position he held until April 2000. He has won teaching awards at UCLA and received a best paper prize in 1997 from the Strategic Management Journal.

Get Richard's book here:

The Crux: How Leaders Become Strategists, Richard Rumelt: https://amzn.to/3OrNfuK

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368: McKinsey senior partner/organization practice global leader, Bill Schaninger

368: McKinsey senior partner/organization practice global leader, Bill Schaninger

One of the greatest challenges organizational leaders face is successfully leading large-scale change. And who is better to cover this topic than Bill Schaninger, Senior Partner at McKinsey and a global leader of their Organization Practice. Bill focuses on driving large-scale organizational and cultural change for clients across North America, Europe, and the Middle East.  Get sample advanced training episodes: http://www.firmsconsulting.com/promo

21 Heinä 20201h 10min

367: Predictive problem solving

367: Predictive problem solving

To celebrate the launch week for Turquoise Eyes: A Novel about Problem Solving & Critical Thinking, until midnight EST 10 June 2020 only, we offer this purchase gift to customers as our way of showing that we're truly thankful that you chose FIRMSconsulting. This is the 1st episode of the accompanying program. To Claim Your Complimentary 1 Month Access to the Accompanying Program: 1) BUY THE BOOK HERE: https://amzn.to/3bzVa6g 2) Reply to this email by midnight June 10 2020 with the following: Your Name Your receipt for the book (Kindle, paperback or hardcover) A Mention of Your Review for the above book If you've left a Review, please include a link - we'd love to read it and sincerely appreciate it. Even if you haven't left an Amazon review but only left Goodreads review, your training program 1 month access will still be sent to you! While we cannot require Amazon review to take advantage of our free gift to you, we would certainly appreciate your feedback and it will be a great way to support the book and FC. YOU CAN LEAVE A REVIEW FOR AMAZON HERE: https://amzn.to/3bzVa6g AND HERE FOR GOODREADS: https://www.goodreads.com/book/show/53252396-turquoise-eyes We look forward to hearing from you! Kris CEO, FIRMSconsulting

31 Touko 202028min

366: When consultants overbill a client

366: When consultants overbill a client

Access free training episodes here: https://www.firmsconsulting.com/promo ►Our FC Insiders Content Website: https://www.strategytraining.com ►Our New Premium Members Content Website: https://www.strategytv.com ►Become Premium Member Here: https://www.firmsconsulting.com/product/premium/ ►Strategy Skills Podcast: https://podcasts.apple.com/us/podcast/strategy-skills-podcast-management-consulting-strategy/id1021817294 ►Management Consulting & Case Interviews Podcast: https://podcasts.apple.com/us/podcast/case-interview-preparation-management-consulting-strategy/id904509526 ►Building and Running a Consulting Firm Podcast: https://podcasts.apple.com/us/podcast/management-consulting/id1478201679?mc_cid=8582ee4e54&mc_eid=[UNIQID] ►Facebook: https://www.facebook.com/Firmsconsulting/ ►Facebook groups: https://www.facebook.com/groups/strategyskills/ and https://www.facebook.com/groups/firmsconsulting/ ►Instagram (company): @firmsconsulting ►Instagram (Kris's personal): @kris.safarova ►Twitter: @firmsconsulting ►Kris's bio: https://www.firmsconsulting.com/kris/ ►Recommended books (paid link) - https://www.amazon.com/shop/firmsconsulting Our e-mail for business inquiries: support@firmsconsulting.com

16 Touko 202045min

365: McKinsey wants me to find a new client or leave

365: McKinsey wants me to find a new client or leave

Access free training episodes here (opt-in for free to get access): https://www.firmsconsulting.com ▽►CLICK THE SHOW MORE BUTTON◀▽ ►Our FC Insiders Content Website: https://www.strategytraining.com ►Our New Premium Members Content Website: https://www.strategytv.com ►Become Premium Member Here: https://www.firmsconsulting.com/product/premium/ ►Strategy Skills Podcast: https://podcasts.apple.com/us/podcast/strategy-skills-podcast-management-consulting-strategy/id1021817294 ►Management Consulting & Case Interviews Podcast: https://podcasts.apple.com/us/podcast/case-interview-preparation-management-consulting-strategy/id904509526 ►Building and Running a Consulting Firm Podcast: https://podcasts.apple.com/us/podcast/management-consulting/id1478201679?mc_cid=8582ee4e54&mc_eid=[UNIQID] ►Facebook: https://www.facebook.com/Firmsconsulting/ ►Facebook groups: https://www.facebook.com/groups/strategyskills/ and https://www.facebook.com/groups/firmsconsulting/ ►Instagram (company): @firmsconsulting ►Instagram (Kris's personal): @kris.safarova ►Twitter: @firmsconsulting ►Kris's bio: https://www.firmsconsulting.com/kris/ ►Book Michael mentioned (paid link) - https://amzn.to/2S5Wd3u Marketing Saves the World, Bill Matassoni's Memoir (Ex-McKinsey senior partner and ex-BCG senior partner, former McKinsey world-wide head of marketing). ►Recommended books (paid link) - https://www.amazon.com/shop/firmsconsulting Our e-mail for business inquiries: support@firmsconsulting.com This video is all about consulting sales, McKinsey sales, consulting, management consulting, sales consulting services, consulting industry, consulting vs industry, business consulting, selling consulting services, sales management, business consulting services, business consulting 101, business consulting career, management consulting 101, business consulting tips, business consulting career, sales management strategy. #mckinseysales #consultingsales #sellingconsultingservices

3 Maalis 202017min

364: What should be my company's strategy

364: What should be my company's strategy

https://www.firmsconsulting.com Get free access to some of the episodes from the programs Daniel mentions in this video by registering for free here: firmsconsulting.com or entering your email/name at the top of the home page on firmsconsulting.com

27 Helmi 202017min

363: Consulting success beyond what I thought was possible (ex Accenture Strategy Consultant)

363: Consulting success beyond what I thought was possible (ex Accenture Strategy Consultant)

https://www.firmsconsulting.com Meet Daniel Ramirez. Ex Accenture strategy consultant, Duke graduate, and an FC Insider. Watch to get practical advice to help you achieve #careersuccess, regardless of if you are trying to become a partner at big 4 (PwC, KPMG, Deloitte, E&Y), at MBB (McKinsey, Bain or BCG), another consulting firm like Accenture or trying to succeed in any organization outside of consulting. Get free access to some of the episodes from the programs Daniel mentions in this video by registering for free here: firmsconsulting.com or entering your email/name at the top of the home page on firmsconsulting.com

20 Helmi 202021min

362: How Denise became all star sales manager of the year - Upenn graduate

362: How Denise became all star sales manager of the year - Upenn graduate

https://www.firmsconsulting.com We could not be more thrilled to bring out this new episode of "Meet FC Insider" series. Meet Denise Harris, a successful leader, Upenn graduate, and an FC Insider. Denise is an amazing #rolemodel for the FC community. After a difficult start in life, Denise shows that hard work and perseverance can pay off. Apart from being an amazing mother and wife, Denise runs a high performing sales team for her organization, using FC training to move her team's ranking from the average performance to the very top-ranked team across the country. Denise shares her remarkable #successstory. We cover the challenges of being adopted, growing up in a difficult environment, and what steps Denise took to transform her life, #career and team's performance. Watch to get practical advice to help you achieve career success, regardless of if you are trying to make partner at big 4 (PwC, KPMG, Deloitte, E&Y), at MBB (McKinsey, Bain or BCG), another consulting firm or trying to succeed in any organization outside of consulting. Denise also gives actionable and proven advice on how to make the most of the FC training. Don't miss it.

13 Helmi 202033min

361: Counseled to leave McKinsey. What must I do?

361: Counseled to leave McKinsey. What must I do?

OUR WEBSITE! https://www.firmsconsulting.com  strategic thinking training episodes here: https://www.firmsconsulting.com An episode 361 of Case Interviews and Management Consulting iTunes podcast is here, "Counselled to leave at McKinsey. What must I do?" Case Interviews and Management Consulting podcast is ranked among 5-10 top for careers in many countries worldwide.  Enjoy it and let us know your thoughts. Cheers, Kris (CEO, FIRMSconsulting.com) https://www.firmsconsulting.com/kris/ ►Our FC Insiders Content Website: https://www.strategytraining.com ►Our New Premium Members Content Website: https://www.strategytv.com ►Become Premium Member Here: https://www.firmsconsulting.com/product/premium/ ►Strategy Skills Podcast: https://podcasts.apple.com/us/podcast/strategy-skills-podcast-management-consulting-strategy/id1021817294 ►Management Consulting & Case Interviews Podcast: https://podcasts.apple.com/us/podcast/case-interview-preparation-management-consulting-strategy/id904509526 ►Building and Running a Consulting Firm Podcast: https://podcasts.apple.com/us/podcast/management-consulting/id1478201679?mc_cid=8582ee4e54&mc_eid=[UNIQID] ►Facebook: https://www.facebook.com/Firmsconsulting/ ►Facebook groups: https://www.facebook.com/groups/strategyskills/ and https://www.facebook.com/groups/firmsconsulting/ ►Instagram (company): @firmsconsulting ►Instagram (Kris's personal): @kris.safarova ►Twitter: @firmsconsulting ►Kris's bio: https://www.firmsconsulting.com/kris/ ►Recommended books (paid link) - https://www.amazon.com/shop/firmsconsulting Our e-mail for business inquiries: support@firmsconsulting.com

6 Helmi 202026min

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