507: Climate change: The root cause of COVID (with Tom Eddington)

507: Climate change: The root cause of COVID (with Tom Eddington)

Welcome to an episode with one of Silicon Valley's most renowned business advisors and coaches, Tom Eddington.

"There's always a challenge, and there's always an opportunity." - Tom Eddington

In this episode with Tom, we discussed how the COVID-19 pandemic resulted in a multitude of issues today – not only for individuals but also for most organizations. One of the biggest problems that every organization has faced because of COVID is retaining employees. Over the last couple of years, we've seen the mass resignation, and it's been a challenge across all industries to attract and retain talent.

Organizations adapted to a virtual workforce, and people have spent the last two years working remotely; the idea of moving back to a physical location has required a lot of reconsideration. Some companies exhibited higher productivity rates with a reduced workforce during that time. They delivered more financial results but took a tremendous toll as leadership teams are extremely stressed and exhausted. The long-term effects of COVID continue, impacting individuals and organizations.

COVID has delivered a message to the world – a warning sign. COVID is a knock-on effect of climate change, as opposed to being an epidemic. Climate change is by far the biggest issue we face. As we destroy the ecosystem, we lose biodiversity. This results in bacterial infections and viral infections, which become pandemics such as COVID. We are seeing the impact of climate change, and we are at the most critical decade in human history where we need to do something fundamentally different.

"Business talks about how we become climate-conscious from today, but I've never heard a business leader talk about what we are going to do about what's already out there." - Michael

Tom Eddington works with some of the most influential CEOs and non-profit leaders, advising them on everything from global mergers and organizational change to conscious leadership and work/life integration. He understands the pressures business leaders face. Having spent the last three decades as a consultant, educator, entrepreneur, and strategic advisor, he has dedicated his life to studying and teaching board, leadership, and organization effectiveness – focusing on how they grow, achieve, and sustain effectiveness while remaining stewards for their stakeholders.

Tom has lived, worked, and studied on six continents, working with leaders across all industry sectors and organization stages of development. His work as a student, mentor, coach, and advisor focuses on conscious leadership. His motto: Take care of matters within yourself to make the most possible impact in the outside world. Tom has sought out opportunities to teach and work in the private, public, academic, and non-profit sectors working with industry leaders and most-admired organizations, including HP, W.L. Gore, MBNA Corporation, Royal Dutch/Shell, and Taproot Foundation. He assists organizations in fostering leadership on all levels.

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15: Importance of Confidence in Cases

15: Importance of Confidence in Cases

We would say 90% of candidates with whom we speak do not understand what is confidence, how to build it and how to demonstrate it. We will talk about experiences we have had with candidates with weak confidence levels and what you need to consider when preparing for your own interviews.

9 Juni 201110min

14: Did you pay $150K for a McKinsey interview

14: Did you pay $150K for a McKinsey interview

MBA programs want you to believe that joining a school like Stanford, Harvard etc in the MBA program will dramatically improve your chances of success. It will not and that is a huge myth.

3 Juni 201112min

13: Consulting Culture

13: Consulting Culture

This is a topic which is very dear and close to me. In fact, it is why we started Firmsconsulting and run it the way we do. Very, very few people truly understand the culture of management consulting. Many existing consultants also struggle to understand the culture. Consultants are professionals, not business people. I would strongly urge you to listen to this podcast.

28 Maj 201124min

12: McKinsey, BCG etc. exit opportunities exaggerated

12: McKinsey, BCG etc. exit opportunities exaggerated

This is an important podcast because it explains how a consulting career should fit into your overall career planning. Most candidates want to work at BBM because everyone says they should. They also think they know the exit opportunities but have a very weak, and sometimes fantasized, view on exit options.

22 Maj 201114min

11: Fatal brainstorming mistake made by all

11: Fatal brainstorming mistake made by all

You are unlikely to pass a McKinsey case interview unless you can brainstorm. Consulting interviewers are ALWAYS testing for poise, confidence, structure and logic in your response. Most candidates do this well everywhere – except when it comes to brainstorming. Learn how "not" to brainstorm. This podcast looks at one of the most common brainstorming problems. A problem so common, that many simply assume it is the way to brainstorm. Fixing this problem can improve your brainstorming skills by between 5% to 30% percent.

16 Maj 20118min

10: The Strategy Study

10: The Strategy Study

McKinsey, BCG et al engagements are very different from the stories typically depicted on blogs etc. Too often the writer seems intent on explain how long the hours are and the need to do analyses. That is part of the picture but far from the entire story. Many of these stories are also written bottom-up with an associate or analyst seeing things from their relatively narrow view without a proper feel for the higher level discussions.

10 Maj 201116min

9: The Impossible Candidates Lessons

9: The Impossible Candidates Lessons

Here we talk about the unusual tactics we used to place a musician into BBM Europe who had just a master's degree in music, from an elite institute and 4 years of experience in the Arts. Lacking a business background she decided to make the transition after her marriage. The tactics are not surprising, but the execution is.

4 Maj 201119min

8: Lessons in not placing a successful Wharton MBA

8: Lessons in not placing a successful Wharton MBA

Having a brilliant profile and credentials is good, but not great. In this podcast we discuss the hurdles which caused a brilliant Wharton MBA to stumble during their interviews. Much came down to the candidate simply not understanding the consulting culture and not acting on feedback. Moreover, McKinsey, especially BCG, look for reserved leaders versus over-confidence. That balance is crucial.

28 Apr 201119min

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