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The Strategy Skills Podcast: Strategy | Leadership | Critical Thinking | Problem-Solving

The Strategy Skills Podcast: Strategy | Leadership | Critical Thinking | Problem-Solving

512 episodes — Page 7 of 11

355: McKinsey senior partner, Kate Smaje. Winning in the age of digital and AI

Welcome to Strategy Skills episode 355, an interview with the author of REWIRED: The McKinsey Guide to Outcompeting in the Age of Digital and AI, Kate Smaje. The book REWIRED delivers a road-tested, how-to manual that Mckinsey consultants use to help companies build the capabilities to outcompete in the age of digital and AI. It reveals the learnings from large companies around the globe for succeeding at the six core elements of a digital transformation—strategy, talent, operating model, technology, data, and adoption and scaling capabilities. Kate Smaje is a senior partner in McKinsey's London office. She co-leads the McKinsey Digital practice globally and is a member of McKinsey's Shareholders Council, the firm's board of directors. She works with senior executives to deploy the power of data, digital culture and capabilities, and modernized core technology. She also has firsthand experience as a chief technology officer across core technology, digital product management and innovation, and cybersecurity work. In addition to her work with McKinsey, Kate is a trustee of Tommy's, the children's charity. Get Kate's book here: REWIRED: The McKinsey Guide to Outcompeting in the Age of Digital and AI. Eric Lamarre, Kate Smaje, Rodney Zemmel. https://www.amazon.com/Rewired-McKinsey-Guide-Outcompeting-Digital/dp/1394207115#:~:text=This%20book%20is%20your%20how,teams%2C%20and%20scale%20the%20value. Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Jun 14, 202347 min

354: Former Microsoft executive & CEO of Snowflake, Bob Muglia. The future of AI

Welcome to Strategy Skills episode 354, an interview with the author of The Datapreneurs: The Promise of AI and the Creators Building Our Future, Bob Muglia. In this book, Bob helps us understand how innovation in data and information technology has led us to AI—and how this technology must shape our future. Bob Muglia is a data technology investor and business executive, former CEO of Snowflake, and past president of Microsoft's Server and Tools Division. As a leader, Bob focuses on how innovation and ethical values can merge to shape the data economy's future in the era of AI. He serves as a board director for emerging companies which seek to maximize the power of data to help solve some of the world's most challenging problems. The Datapreneurs: The Promise of AI and the Creators Building Our Future. Bob Muglia and Steve Hamm. https://www.amazon.com/Datapreneurs-Promise-Creators-Building-Future/dp/1510778411 Connect with Bob Muglia: Website: https://www.thedatapreneurs.com/ Twitter: https://twitter.com/bob_muglia?lang=en LinkedIn: https://www.linkedin.com/in/bob-muglia-714ba592/ Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Jun 12, 202347 min

353: Management skills analysis challenges (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic from the power sector corporate strategy study. A stream of our consultants is assessing the management skills of senior EI managers and executives to manage the transformation process. This process has not gone well. A senior manager of EI felt the management skills assessment was designed to present him in a poor light. He, therefore, complained to the unions and is considering legal action against EI. This is not good, but fairly common on such studies. So there is no need to overreact, though it must be managed and done very quickly and efficiently. The spillover of this is that the unions are refusing to allow the management skills analyses to take place and many employees are also refusing to participate. In this podcast, I discuss the process we will use to manage this misunderstanding. It is a real concern with the potential to spiral out of control. We have a plan and, to be fair, we could have managed this a little better from our side. The unions are not to blame for this. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Jun 7, 202314 min

352: Corporate strategy analysis process (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic from the power sector corporate strategy study. In this critical podcast, we focus on two things. First, we discuss the reason why corporate strategy studies rely so heavily on executive workshops. We explain why simply handing the perfect strategy to the client will never yield results, even if the client accepts it without any challenges. The workshop process plays a crucial role that cannot be easily replicated anywhere else in the study. That is the reason to hold the workshop. Second, we discuss the components of the corporate strategy analyses and how we use each part: 1 - Case studies 2 - Market analyses 3 - Customer value chain analyses 4 - Client value chain analyses Finally, we discuss how all of these come together in the scenario planning. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Jun 5, 202315 min

351: Advanced predictive problem solving (Turquoise Eyes: A Novel about Problem Solving & Critical Thinking)

For this episode, let's revisit a Strategy Skills classic where we discuss advanced predictive problem solving. Turquoise Eyes started off the groundbreaking new genre developed by FIRMSconsulting that combines compelling narrative while teaching problem-solving and critical thinking skills. Set after a bank begins implementing a new retail banking strategy, we follow Teresa García Ramírez de Arroyo, a director-general in the Mexican government, who has received some disturbing news. A whistleblower has emailed Teresa with troubling news about a mistake in the loan default calculations and reserve ratios. The numbers do not add up. Get the book here: The Turquoise Eyes: A Novel about Problem Solving & Critical Thinking https://amzn.to/3bzVa6g Watch the video version of this podcast here: https://youtu.be/xQqufjwFm9E Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

May 31, 202325 min

350: Finalize the overall storyboard for the client (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we discuss how to finalize the overall storyboard for the client. Watch the video version of this podcast here: https://youtu.be/7LXOL_KDZYQ Click here to see the full study and here to see the merger study and market entry study. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

May 29, 202321 min

349: Business unit strategy: Core & critical (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we discuss the role of the business unit strategy stream within a corporate strategy study. Watch the video version of this podcast here: https://youtu.be/mSNDAvmXjzA Click here to see the full study and here to see the merger study and market entry study. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

May 24, 20237 min

348: Dr. Luana Marques (Harvard professor), How to transform anxiety into power

Welcome to Strategy Skills episode 348, an interview with the author of Bold Move: A 3-Step Plan to Transform Anxiety into Power. Bold Move is Dr. Luana Marques' unique, tried and tested method to get you out of your rut and give you the courage to create a more confident and meaningful life. Dr. Luana pinpoints the anxiety at the root of avoidance and shows you how to overcome it and achieve your goals. Dr. Luana Marques is an Associate Professor of Psychiatry at Harvard Medical School (HMS) and the Director of Community Psychiatry Program for Research in Implementation & Dissemination of Evidence-Based Treatments at Massachusetts General Hospital (MGH). Dr. Marques is a national and international expert in Cognitive Behavioral Therapies (CBTs) and a leader in increasing access to scientifically rigorous mental health practices. Her decades of clinical and research experience implementing evidence-based practices encompass all types of roles and settings, from front-line staff to CEOs, diverse communities to organizations, both in the US and globally. Dr. Marques is the Former President of the Anxiety and Depression Association of America (ADAA). Connect with her online at drluana.com or follow her on Twitter at @DrLuanaMarques Get Luana's book here: Bold Move: A 3-Step Plan to Transform Anxiety into Power. Dr. Luana Marques: https://www.amazon.com/Bold-Move-3-Step-Transform-Anxiety-ebook/dp/B0BFX423SN?ref_=ast_author_dp Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

May 22, 202357 min

347: How to start shifting to the career you've always wanted - Author program Q&A 7 (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic from a 10 episode program to help our clients and customers measurably, radically transform their careers through The Author Program. How would your career, reputation, and earnings change as a published author? Imagine your client interactions when potential and current clients saw your thinking in a published book before they met you? Imagine the time you would save not having to explain your ideas and the value you could add to them? Imagine the fee premium you could earn? Imagine avoiding awkward meetings trying to establish your credibility? Imagine how many potential clients would find you and reach out to you? Learn more and see the application guidelines: https://www.firmsconsulting.com/experts-published-author-program/ Apply: email [email protected] Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

May 17, 20236 min

346: How to write a book even if you're "too junior" - Author Program Q&A 6 (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic from a 10 episode program to help our clients and customers measurably, radically transform their careers through The Author Program. How would your career, reputation, and earnings change as a published author? Imagine your client interactions when potential and current clients saw your thinking in a published book before they met you? Imagine the time you would save not having to explain your ideas and the value you could add to them? Imagine the fee premium you could earn? Imagine avoiding awkward meetings trying to establish your credibility? Imagine how many potential clients would find you and reach out to you? Learn more and see the application guidelines: https://www.firmsconsulting.com/experts-published-author-program/ Apply: email [email protected] Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

May 15, 202310 min

345: Martin Reeves (Boston Consulting Group), The Imagination Machine

Welcome to Strategy Skills episode 345, an interview with the Chairman of the BCG Henderson Institute, BCG's think tank for new ideas in management and strategy. Martin has authored numerous books, including Your Strategy Needs a Strategy and The Imagination Machine, a handbook about how to systematically harness imagination to generate new ideas and transform businesses. Get Martin's book here: The Imagination Machine: How to Spark New Ideas and Create Your Company's Future. Martin Reeves and Jack Fuller: https://www.amazon.com/Imagination-Machine-Create-Companys-Future/dp/1647820863 Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

May 10, 20231h 1m

344: Should I wait to publish a solo book? Author Program Q&A 5 (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic from a 10 episode program to help our clients and customers measurably, radically transform their careers through The Author Program. How would your career, reputation, and earnings change as a published author? Imagine your client interactions when potential and current clients saw your thinking in a published book before they met you? Imagine the time you would save not having to explain your ideas and the value you could add to them? Imagine the fee premium you could earn? Imagine avoiding awkward meetings trying to establish your credibility? Imagine how many potential clients would find you and reach out to you? Learn more and see the application guidelines: https://www.firmsconsulting.com/experts-published-author-program/ Apply: email [email protected] Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

May 8, 202311 min

343: Is it expensive? Author Program Q&A 4 (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic from a 10 episode program to help our clients and customers measurably, radically transform their careers through The Author Program. How would your career, reputation, and earnings change as a published author? Imagine your client interactions when potential and current clients saw your thinking in a published book before they met you? Imagine the time you would save not having to explain your ideas and the value you could add to them? Imagine the fee premium you could earn? Imagine avoiding awkward meetings trying to establish your credibility? Imagine how many potential clients would find you and reach out to you? Learn more and see the application guidelines: https://www.firmsconsulting.com/experts-published-author-program/ Apply: email [email protected] Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

May 3, 202311 min

342: What is the ROI? Author Program Q&A 3 (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic from a 10 episode program to help our clients and customers measurably, radically transform their careers through The Author Program. How would your career, reputation, and earnings change as a published author? Imagine your client interactions when potential and current clients saw your thinking in a published book before they met you? Imagine the time you would save not having to explain your ideas and the value you could add to them? Imagine the fee premium you could earn? Imagine avoiding awkward meetings trying to establish your credibility? Imagine how many potential clients would find you and reach out to you? Learn more and see the application guidelines: https://www.firmsconsulting.com/experts-published-author-program/ Apply: email [email protected] Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

May 1, 20239 min

341: Ex McKinsey expert on war games, John Horn. How to read your competitors

Welcome to Strategy Skills episode 341, an interview with the author of Inside the Competitor's Mindset, John Horn, where he shares proven techniques to help businesses think like the competition and understand why they act the way they do. Inside the Competitor's Mindset presents a systematic approach to competitive intelligence that starts with three frameworks to get inside the competitor's mindset, predict their reactions to your moves, and assess whether the competition is getting ready for a spontaneous move of their own. John Horn is a professor of practice in economics at the Olin Business School at Washington University in St. Louis. He teaches MBA students microeconomics, macroeconomics, and global business. John was a Senior Expert in the Strategy Practice of McKinsey & Company for 9 years, working with clients on competitive strategy, war gaming workshops, and corporate and business unit strategy across a variety of industries and geographies. He helped over 100 clients with war game workshops and developed a set of simulation exercises to help companies understand the challenges of reallocating resources. He continues to consult through his LLC: Gateway Competitive Insights. John has published nine papers in the McKinsey Quarterly and three in the Harvard Business Review, mostly on the application of behavioral economics and competitive insight to business strategy. John has a PhD in economics from Harvard University, where he also received a Masters degree in economics. Get John's book here: Inside the Competitor's Mindset: How to Predict Their Next Move and Position Yourself for Success. John Horn https://www.amazon.com/Inside-Competitors-Mindset-Position-Management-ebook/dp/B0B6B6KWQ6/ref=sr_1_1?crid=3ABN4GWJ5ZXMX&keywords=inside+the+competitor%27s+mindset&qid=1682495837&s=digital-text&sprefix=inside+the+competitor%27s+mind%2Cdigital-text%2C293&sr=1-1 Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Apr 26, 20231h 0m

340: Is it a good time now or should I wait until I become more senior? Author Program Q&A 2. (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic from a 10 episode program to help our clients and customers measurably, radically transform their careers through The Author Program. How would your career, reputation, and earnings change as a published author? Imagine your client interactions when potential and current clients saw your thinking in a published book before they met you? Imagine the time you would save not having to explain your ideas and the value you could add to them? Imagine the fee premium you could earn? Imagine avoiding awkward meetings trying to establish your credibility? Imagine how many potential clients would find you and reach out to you? Learn more and see the application guidelines: https://www.firmsconsulting.com/experts-published-author-program/ Apply: email [email protected] Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Apr 24, 20236 min

339: Is this good for my career at this point in time? Author Program Q&A 1. (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic from a 10 episode program to help our clients and customers measurably, radically transform their careers through The Author Program. How would your career, reputation, and earnings change as a published author? Imagine your client interactions when potential and current clients saw your thinking in a published book before they met you? Imagine the time you would save not having to explain your ideas and the value you could add to them? Imagine the fee premium you could earn? Imagine avoiding awkward meetings trying to establish your credibility? Imagine how many potential clients would find you and reach out to you? Learn more and see the application guidelines: https://www.firmsconsulting.com/experts-published-author-program/ Apply: email [email protected] Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Apr 19, 20236 min

338: Yale's Ryan McAnnally-Linz, What makes a good life?

Welcome to Strategy Skills episode 338, an interview with Ryan McAnnally-Linz, coauthor of Life Worth Living: A Guide to What Matters Most. This book provides readers with jumping-off points, road maps, and habits of reflection for figuring out where their lives hold meaning and where things need to change. The book draws from major world religions and from impressively truthful and courageous figures such as Jesus, Muhammad, the Buddha, Aristotle, Socrates, Martin Luther King, Jr., the Dalai Lama, Ida B. Wells, James Baldwin, Mary Wollstonecraft, Confucius, and Nietzsche, to name a few. The authors' goal is for readers to define and create a flourishing life, and answer one of life's most pressing questions: how are we to live? Ryan McAnnally-Linz is the associate director of the Yale Center for Faith & Culture. He is a coauthor with Volf of The Home of God and Public Faith in Action (Brazos), a 2016 Publishers Weekly Best Book in religion, and has written for The Washington Post's Acts of Faith, Sojourners, and The Christian Century. Get Ryan's book here: Life Worth Living: A Guide to What Matters Most. Miroslav Volf, Matthew Croasmun, Ryan McAnnally-Linz. https://www.amazon.com/Life-Worth-Living-Guide-Matters-ebook/dp/B0B5CZ6YM3/ref=sr_1_1?crid=1C3TO2I7SIO5M&keywords=life+worth+living&qid=1681712806&s=digital-text&sprefix=life+worth+livin%2Cdigital-text%2C311&sr=1-1 Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Apr 17, 202355 min

337: How publishing a book fast-tracked me to partnership (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic from a 10 episode program to help our clients and customers measurably, radically transform their careers through The Author Program. How would your career, reputation, and earnings change as a published author? Imagine your client interactions when potential and current clients saw your thinking in a published book before they met you? Imagine the time you would save not having to explain your ideas and the value you could add to them? Imagine the fee premium you could earn? Imagine avoiding awkward meetings trying to establish your credibility? Imagine how many potential clients would find you and reach out to you? Learn more and see the application guidelines: https://www.firmsconsulting.com/experts-published-author-program/ Apply: email [email protected] Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Apr 12, 202326 min

336: Initial logic and objective function (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic from the Corporate Strategy & Transformation study. In this phase of the podcast series, we are focusing on week 4 when we are bringing the entire leadership team together to help them make one decision. The only decision they have to make is: "Should Empire International focus on the non-regulated non-core activities as they are now doing or refocus their efforts to support Empire Energy on their core regulated business: generating energy, transmitting energy and distributing energy?" In today's podcast, while we are heavily focused on week 4 and the build up to that major visioning workshop, we step back to understand a little bit of the broader contextual issues facing this client. If you have been following this podcast series you will realize that there are 2 criteria that must be met for any strategy study to be a corporate level strategy study. The first one is the objective function for the client, the key question for the client, must be unclear. If the objective function is known for the client than you are not doing a corporate strategy study. You are doing some other kind of strategy study, like BU strategy. The other condition is that you have to help the client pick the market where they want to compete. And that usually involves doing a lot of industry analysis /value chain analysis. The skill explained in this podcast is essential for any partner, but it is equally useful for any consultant at any level. Getting clarity when many paths are possible is a crucial skill to have. Most bad consulting engagements hit their main hurdles at this early stage, in determining the key problem facing the client. In this podcast, we want to help you understand how we went about figuring out the objective function for this client. And this is something we did way back at the beginning of the study, before we even started. And if you go onto the website and you look at the detailed maps, videos, power points as we explain each step in the study, this is explained in enormously more detail than what we are going to do here. Yet, seeing this helicopter view is important. What we want to do here is simply explain the questions we wanted to answer to determine the objective function and how we wrote out the logic. If you do this, you will always be on the right track. Click here to see the full study and here to see the merger study and market entry study. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Apr 10, 202318 min

335: Sandeep Chennakeshu, How to build a resilient and lasting business

Welcome to Strategy Skills episode 335, an interview with Sandeep Chennakeshu, the author of Your Company Is Your Castle: Proven Methods for Building a Resilient Business, where he describes how to assess and systematically build a company's business model, financial health, strategy, culture, products, sales channels, execution, and stakeholder confidence to make the company formidable. Your Company Is Your Castle equips you with critical insights and principles to build strong businesses and in turn build yourself into a strong leader. Sandeep Chennakeshu is a lifelong student and aspiring teacher whose heart is in technology and mind is in business. He earned a postgraduate diploma in industrial management from the Indian Institute of Science and a PhD in electrical engineering from Southern Methodist University. He then entered the electronics industry and led the development and launches of technology that billions use every day via cell phones, laptops, wearables, satellites, medical equipment, and cars. He is a Fellow of IEEE and a named inventor on 180 patents. After two decades in corporate roles as CTO of Ericsson Mobile Phones and Sony Ericsson, president of Ericsson Mobile Platforms, SVP at Freescale, president of BlackBerry Technology Solutions, and EVP of AMD, Sandeep returned to consulting and the start-up world. He is currently COO at Uhnder Inc., a pioneer in digital-imaging radar, and sits on the advisory boards of exciting tech start-ups. Managing operations in fourteen different countries over the span of his career gave Sandeep a deep appreciation for global businesses. Along this rich cultural journey, he led the transformation of three underperforming businesses using the principles outlined in his new book. Sandeep lives and works in Austin, Texas and plans to spend the next chapter of his life sharing his learnings through writing and mentoring. Get Sandeep's book here: Your Company Is Your Castle: Proven Methods for Building a Resilient Business. Sandeep Chennakeshu. https://www.amazon.com/Your-Company-Castle-Building-Resilient/dp/1957616040 Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Apr 5, 202356 min

334: Bain's Rishi Dave, The secret of top sellers

Welcome to Strategy Skills episode 334, an interview with Rishi Dave, a partner in Bain's Commercial Excellence practice with deep expertise in B2B marketing and digital marketing. In this episode, Rishi explains the concept of a "Day 1 List" in B2B sales and marketing and the three things that will get a supplier or seller on the list. Rishi also discussed what a "sales play" is, how to build it, institutionalize the knowledge within the company, and get the sales team to adopt the sales play to fulfill their potential and increase their productivity and sales. Rishi Dave partners with CMOs and management teams to drive marketing transformations and build modern marketing capabilities. He serves as an expert on the implementation of Bain's B2B Marketing Diagnostic and Sales Play System. Rishi has held global CMO roles at public technology and cloud companies, including Dun & Bradstreet, Vonage, and MongoDB. Prior to these roles, he served as the global head of digital marketing for Dell's B2B businesses. Rishi started his career at Bain & Company. As a marketing executive, Rishi has built world-class marketing organizations and capabilities that have driven top-line growth leveraging the right marketing technology, data, analytics and content strategy. Rishi has driven major brand and messaging transformations, reimagined digital customer experiences, and built and scaled go-to market models. Rishi earned an MBA in Marketing from The Wharton School at the University of Pennsylvania as well as a BS in Chemical Engineering and an AB in Economics with Honors from Stanford University. Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Apr 3, 202356 min

333: Gaia Bernstein, Managing screen time and addictive technology

Welcome to Strategy Skills episode 333, an interview with Gaia Bernstein, a Law Professor, Director of the Institute for Privacy Protection and Co-Director of the Gibbons Institute for Law Science and Technology at the Seton Hall University School of Law. She writes, teaches and lectures in the intersection of law, technology, health and privacy. Gaia is also the mother of three children who grew up in a world of smartphones, iPads and social networks. Her forthcoming book: Unwired: Gaining Control Over Addictive Technologies shatters the illusion that we can control how much time we spend on our screens by resorting to self-help measures. Unwired shifts the responsibility for a solution from users to the technology industry, which designs its products to addict. The book draws out the legal action that can pressure the technology industry to re-design its products to reduce technology overuse. Gaia has academic degrees in both law and psychology. Her research combines findings from psychology, sociology, science and technology studies with law and policy. Gaia's research has been featured extensively by the media including the New York Times, Forbes, ABC News and Psychology Today. Gaia has spearheaded the development of the Seton Hall University School of Law Institute for Privacy Protection's Student-Parent Outreach Program. The nationally acclaimed Outreach Program addresses over-use of screens by focusing on developing a healthy online-offline balance and the impact on privacy and online reputation. It was featured by the Washington Post, CBS Morning News and Common-Sense Media. Gaia delivers lectures to parents and general audiences about the harms of excessive screen time, the effectiveness of self-help measures, and the options for technology re-design through social and legal action. Get Gaia's book here: Unwired: Gaining Control Over Addictive Technologies. Gaia Bernstein. https://www.amazon.com/Unwired-Gaining-Control-Addictive-Technologies/dp/1009257935 Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Mar 29, 202350 min

332: Oscar Trimboli, The art of listening

Welcome to Strategy Skills episode 332, an interview with the author of How to Listen, Oscar Trimboli. Effective communication is not all about eloquent speaking. The key sits on the ability to listen and how you react and respond to what you hear. As Oscar said in the episode, "The difference between hearing and listening is action". In this episode, we discuss what good listening and communication is. We also highlighted the impact of good listening in your career, organization, and personal life. Oscar Trimboli is on a quest to create 100 million Deep Listeners in the world. He is an author, host of the Apple Award winning podcast—Deep Listening and a sought-after keynote speaker. He is passionate about using the gift of listening to bring positive change in homes, workplaces and the world. Through his work with chairs, boards of directors and executive teams in local, regional and global organizations, Oscar has experienced first-hand the transformational impact leaders and organizations can have when they listen beyond the words. He consults with organisations including Cisco, Google, HSBC, News Corp, PayPal, Qantas, TripAdvisor helping executives and their teams listen to what's unsaid by the customers and employees. Oscar lives in Sydney with his wife Jennie, where he helps first-time runners and ocean swimmers conquer their fears and contributes to the cure for cancer as part of Can Too, a cancer research charity. Get Oscar's book here: How to Listen: Discover the Hidden Key to Better Communication. Oscar Trimboli. https://www.amazon.com/How-Listen-Discover-Hidden-Communication-ebook/dp/B09XWY5PRH?ref_=ast_author_dp Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Mar 27, 20231h 12m

331: Michael P. Leiter, Ph.D. How to beat burnout

Welcome to Strategy Skills episode 331, an interview with the co-author of The Burnout Challenge, Michael P. Leiter, Ph.D. Burnout is one of the major contributors driving people to leave their job. It results from unsuccessfully managed workplace stress and is a combination of exhaustion, psychological distancing, and a low sense of accomplishment. So how do we address burnout and who is responsible for managing this issue? In this episode, we discuss the factors contributing to employee burnout and what leaders and managers can do to understand, protect, and manage their employees to alleviate the distress from the elements that result in burnout. "Some people are looking for something from that job that it's not providing, that there is a mismatch." —Michael P. Leiter, Ph.D. Michael P. Leiter, Ph.D., is an organizational psychologist interested in the relationships of people with their work. He has been a professor of Industrial and Organisational Psychology at Deakin University in the Faculty of Health and Canada Research Chair in Occupational Health at Acadia University. Michael lives in Nova Scotia where he writes and consults with workplaces on preventing burnout while improving respect among people. Get Michael's new book here: The Burnout Challenge: Managing People's Relationships with Their Jobs. Christina Maslach and Michael P. Leiter. https://www.amazon.com/Burnout-Challenge-Managing-Peoples-Relationships-ebook/dp/B0B3JSJ8T3?ref_=ast_author_dp Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Mar 22, 202349 min

330: Christina Maslach, PhD, Extinguishing burnout and workplace stigma

Welcome to Strategy Skills episode 330, an episode with Christina Maslach, PhD, a professor of psychology (Emerita) and a researcher at the Healthy Workplaces Center at the University of California, Berkeley. In this episode, we discuss the causes of burnout and the factors contributing to it, and how leaders and organizations can address this issue to provide a sustainable and healthy working environment for their employees. Christina Maslach, PhD, received her BA from Harvard and her PhD from Stanford. She is best known as the pioneering researcher on job burnout, producing the standard assessment tool (the Maslach Burnout Inventory, MBI), books, and journal articles. She has received numerous awards for her work, including both academic (the 2020 award for scientific writing from the National Academy of Sciences) and public (named in 2021 as one of the top 100 people transforming business, by Business Insider). In addition, she is an award-winning teacher and was Professor of the Year in 1997. As an administrator, she was Vice Provost for Undergraduate Education and Instructional Technology, and the Chair of the faculty Academic Senate (twice) at UC-Berkeley. She was the president of the Western Psychological Association when it celebrated its 100th anniversary in 2020. She is now interviewing women faculty who arrived at Berkeley in the 1970s, after the historic low point for women in the 1960s. Get Christina's new book here: The Burnout Challenge: Managing People's Relationships with Their Jobs. Christina Maslach and Michael P. Leiter. https://www.amazon.com/Burnout-Challenge-Managing-Peoples-Relationships-ebook/dp/B0B3JSJ8T3?ref_=ast_author_dp Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Mar 20, 20231h 5m

329: McKinsey's Venkat Atluri, How to thrive in the ecosystem economy

Welcome to Strategy Skills episode 329, an episode with a Senior Partner and the global leader in the Tech and Telecommunication practice at McKinsey and Company, Venkat Atluri. In this episode, we defined the emerging ecosystem economy and how most successful companies navigate and thrive in this new world. Venkat Atluri is a thought leader at McKinsey, a prolific author, and a sought-after speaker at industry events. He collaborates with top executives, boards, and investors to create value through end-to-end performance transformation, programmatic M&A, and new business building from scale-up to IPOs. He is keenly focused on the future of technology, with special emphasis on the cross-sector opportunities at the intersection of new technologies and emerging business models. He serves clients in the high-tech, media and telecommunications, advanced industries, and consumer sectors. He has a passion for advising venture capital and private equity investors. Venkat is a leading expert on vast and emerging opportunities created by the network connectivity of devices, systems, platforms, and people that are powered by software and hardware. He draws on this expertise to guide clients through the design and deployment of network and ecosystem-based businesses across sectors. He has held many leadership positions throughout his tenure at the firm. He co-founded and led McKinsey's IoT (Internet of Things) Practice. He also created a group that aims to incubate new analytic and digital assets, develop innovative client offerings, and build alliances and partnerships with innovators. He previously spearheaded digital, analytics, and tech-enabled transformations for clients in advanced industries, and also led the firm's global efforts in the Technology, Media & Telecommunications Practice to help clients fast-track and sustain transformational impact through leadership alignment, execution support, capability-building, and leadership development via a distinctive set of assets and exceptional digital-learning programs. Prior to joining McKinsey, Venkat held global operating leadership roles overseeing large businesses and functions, with a focus on product development, management, and deployment. Outside of McKinsey, Venkat serves on the board of 1871, a world-leading not-for-profit start-up incubator. He is the current chairman of the board and a founding member of Current Water, a not-for-profit that seeks sustainable solutions to water challenges through innovation and collaboration for developing and deploying the tools, practices, and technologies to promote sustainable blue economy growth. Get Venkat's new book here: The Ecosystem Economy: How to Lead in the New Age of Sectors Without Borders. Venkat Atluri and Miklós Dietz. https://www.amazon.com/Ecosystem-Economy-Sectors-Without-Borders/dp/1119984785 Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Mar 15, 202357 min

328: Structure of the visioning workshop

For this episode, let's revisit a Strategy Skills classic where we go back to the visioning workshop part of the study and re-visit some of the most important points you need to keep in mind. Click here to see the full study and here to see the merger study and market entry study. Watch the video version of this episode on YouTube: Structure of the visioning workshop Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Mar 13, 20239 min

327: Promoting women into senior roles (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic from week 4 of the Corporate Strategy & Transformation study. Promoting women into leadership roles is a hot topic and, sadly, a debate. Why is it a debate? What are the elements that require further analysis? To paraphrase Marvin Bower, one does not ask a client if a woman should take over the relationship, one simply tells a client a woman is taking over. It is not the client's job to decide what is right. In this podcast, we explain why we have more female than male partners at FC and how we constantly develop them to serve in more and more senior roles. Click here to see the full study and here to see the merger study and market entry study. Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Mar 8, 202316 min

326: How too much debt impacts cost of capital (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we discuss how your cost of capital changes as you take on more debt and how this change is different between organizations. It's a crucial concept for this utility. We explain how the cost of capital change usually takes place and then we review the drivers at play that are different for this power utility vs. an average company. Click here to see the full study and here to see the merger study and market entry study. Watch the video version of this episode on YouTube: When too much debt is a good thing Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Mar 6, 202320 min

325: What is the role of government (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we use economics to explain what is the role of government, when governments should intervene, how they should intervene, and when they should hand over certain activities to the private sector. If you want to further your understanding of strategy at the highest possible level you should listen to this. Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Mar 1, 202318 min

324: John U. Bacon, Developing a team of leaders (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we interviewed the author of LET THEM LEAD: Unexpected Lessons in Leadership from America's Worst High School Hockey Team. This book is a true story filled with unforgettable characters, stories, and lessons that apply to organizations everywhere. It includes the leader's mistakes and the reactions of the players, who have since achieved great success as leaders themselves. Let Them Lead is a fast-paced, feel-good book that leaders of all kinds can embrace to motivate their teams to work harder, work together, and take responsibility for their own success. John U. Bacon has written twelve books on sports, business, health, and history, and the last seven are all National Bestsellers. Bacon's radio essays earned him NPR's PRNDI Award for best commentary in 2014. He appears often on national TV, gives speeches across North and South America, and teaches at the University of Michigan, where he won the 2009 Golden Apple Award for "exceptional teaching." In 2006, he was inducted into the Ann Arbor Huron High School Hall of Fame for turning around the hockey team. Bacon is a decent hockey player, a mediocre Spanish speaker, and a poor piano player, but that has not prevented him from enjoying all three. Get John's book here: LET THEM LEAD: Unexpected Lessons in Leadership from America's Worst High School Hockey Team. John U. Bacon. https://www.amazon.com/Let-Them-Lead-Unexpected-Leadership-ebook/dp/B08NWWG72Y?ref_=ast_author_dp Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Feb 27, 20231h 7m

323: Ben Pring, How should we regulate tech? (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we interviewed the coauthor of Monster: A Tough Love Letter on Taming the Machines that Rule our Jobs, Lives, and Future, Ben Pring. Who is responsible for regulating and overseeing technology and online platforms? Is it the government? The ITs and developers? Or maybe…the users? In this episode, we deliberated the significance of technology in human lives and the negative consequences brought by irresponsible and abusive use of technology. Ben Pring is a widely acknowledged IT futurist and thought leader with a storied track record working with the biggest and fastest-growing IT vendors and with the most demanding and sophisticated IT buyers. Get Ben's book here: Monster: A Tough Love Letter On Taming the Machines that Rule our Jobs, Lives, and Future. Ben Pring and Paul Roehrig. https://www.amazon.com/Monster-Letter-Taming-Machines-Future/dp/111978591X Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Feb 22, 20231h 7m

322: Luke Burgis, What fuels our desires? (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we interviewed the author of Wanting: The Power of Mimetic Desire in Everyday Life, Luke Burgis. Why do we want what we want? This topic is rarely presented in conversations, business meetings, or political agendas, but it has a comprehensive impact on our lives and shapes our societies. This episode explores the psychology behind human desires, role modeling, competition, and the awareness of intentional wanting. Luke Burgis has founded and led multiple companies. He's currently entrepreneur-in-residence and director of programs at the Ciocca Center for Principled Entrepreneurship at the Catholic University of America, where he also teaches business and develops new education initiatives. He's also the founder and director of Fourth Wall Ventures, an incubator for people and companies that contribute to the formation of a healthy human ecology. He graduated from NYU Stern School of Business and later from a pontifical university in Rome, where he studied theology. He lives in Washington, D.C., with his wife, Claire. Get Luke's book here: Wanting: The Power of Mimetic Desire in Everyday Life, Luke Burgis. https://www.amazon.com/Wanting-Power-Mimetic-Desire-Everyday/dp/1250262488 Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Feb 20, 202353 min

321: Jenn Lim, Go beyond happiness (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we interviewed Jenn Lim, the CEO of Delivering Happiness, also known as DH. In this episode, Jenn speaks about her journey of discovering and understanding the meaning of happiness and purpose. What is the source of genuine happiness and how does it impact your work and career? Delivering Happiness, also known as DH is a company that Jenn Lim and Tony Hsieh, the late CEO of Zappos.com, cofounded to create happier company cultures for a more profitable and sustainable approach to business. DH started as a book and evolved into a business consultancy and global movement that has impacted and inspired over 400 companies around the world. Jenn's mission is something both simple and profound: to teach businesses how to cultivate cultures that generate profit, sustain all people at every level of the organization with humanity, and share how we can make an impact by being true to our authentic selves. In 2017, Jenn was selected to be on the Global Happiness Council of Work and Wellbeing with the charter to scale the impact she's made in even more sustainable ways. In 2020, DH was on Inc. 5000's list of fastest-growing companies. Get Jen's book here: Beyond Happiness: How Authentic Leaders Prioritize Purpose and People for Growth and Impact. Jenn Lim. https://www.amazon.com/Beyond-Happiness-Authentic-Leaders-Prioritize-ebook/dp/B08RYQ83MQ Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Feb 15, 20231h 3m

320: Harvard's Frank Cespedes, Managing sales in a world of constant change (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we interviewed the author of Sales Management That Works: How to Sell in a World that Never Stops Changing by Frank Cespedes. How do you manage sales in a world that never stops changing? In this episode, Frank shares valuable insights to equip sales professionals and business leaders in managing sales within their organization and how to better improve and develop themselves while managing constant change. Frank Cespedes is a sales expert and Senior Lecturer at Harvard Business School. He runs a business, has served on the boards of corporations and start-ups, and has consulted to companies around the world. He is the author of articles in Harvard Business Review, California Management Review, Organization Science, The Wall Street Journal, and other publications as well as 6 books, including Aligning Strategy and Sales, which was cited as "the best sales book of the year" (Strategy+Business), "a must read" (Gartner), and "perhaps the best sales book ever" (Forbes). Get Frank's book here: Sales Management That Works: How to Sell in a World that Never Stops Changing. Frank Cespedes. https://www.amazon.com/Sales-Management-That-Works-Changing/dp/1633698769 Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Feb 13, 202350 min

319: Harvard's Sandra Sucher, What is the foundation of trust? (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we interview the coauthor of The Power of Trust, Sandra Sucher. In this book, Sandra Sucher and Shalene Gupta examine the economic impact of trust and the science behind it and conclusively prove that trust is built from the inside out. Trust emerges from a company being the "real deal": creating products and services that work, having good intentions, treating people fairly, and taking responsibility for all the impacts an organization creates, whether intended or not. Sandra Sucher is a professor of management practice at Harvard Business School and studies trust and moral leadership. She's authored 110 business cases, technical notes, video interviews, teaching notes, and three books. Sucher is on the Edelman Trust Institute advisory board and has collaborated with Deloitte on TrustIQ™, a proprietary tool that measures key elements of trust in major corporations and public sector organizations. Sucher was a business executive for 20 years before joining Harvard. As a senior executive at Fidelity Investments, she measured customer loyalty, redesigned back-office operations, and improved the quality of service. In retailing, she co-authored the proposal to expand Filene's Basement from a single-unit business to a national chain. She has served on corporate and nonprofit boards and as the Better Business Bureau chair. Get Sandra's book here: The Power of Trust: How Companies Build It, Lose It, Regain It. Sandra J. Sucher and Shalene Gupta. https://www.amazon.com/Power-Trust-Companies-Build-Regain/dp/1541756673 Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Feb 8, 20231h 18m

318: Mark Mahaney, 10 proven rules to succeed in tech stock investing (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we interviewed one of Wall Street's legendary tech analysts, Mark Mahaney. In this episode, Mark discusses ten lessons that are proven to help investors succeed in tech stock investing. He shares powerful advice and knowledge from analyzing the most explosive sector on Wall Street over the past quarter century. Lesson 1: There Will Be Blood… When You Pick Bad StocksLesson 2: You Can Lose $...Even When You Pick The Best StocksLesson 3: Don't Play QuartersLesson 4: Revenue Matters More Than AnythingLesson 5: It Doesn't Mean a Thing, If It Ain't Got That Product SwingLesson 6: TAMs - The Bigger The BetterLesson 7: Follow the Value Prop, Not the MoneyLesson 8: Management Matters MostLesson 9: Look for Ballpark Reasonable ValuationLesson 10: Hunt for DHQs - Dislocated High-Quality Stocks Mark Mahaney has been covering internet stocks on Wall Street since 1998, with Morgan Stanley, American Technology Research, Citibank, RBC Capital Markets, and Evercore ISI. Institutional Investor magazine has ranked him as a top Internet analyst every year for the past 15 years, including five years as number one, and he has been ranked by the Financial Times and StarMine as the number-one earnings estimator and stock picker. In addition, TipRanks has placed Mahaney in the top one percent of all Wall Street analysts in terms of single-year stock picking performance. Get Mark's book here: Nothing But Net: 10 Timeless Stock-Picking Lessons from One of Wall Street's Top Tech Analysts. Mark Mahaney Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Feb 6, 202341 min

317: Scott O'Neil, How to thrive where you're at (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we interviewed one of the most recognized, connected, and dynamic executives in the sports and entertainment industry today, Scott O'Neil. In this episode with Scott, he shared most of the valuable lessons in his life that keep him grounded and thriving as a leader, coach, husband, and father. Scott has more than 25 years of experience leading NBA, NHL, and NFL teams and leagues, including the National Basketball Association, Philadelphia 76ers, New York Knicks, New Jersey Nets, Philadelphia Eagles, New York Rangers, and New Jersey Devils. His mission to build innovative, inspiring, socially impactful, and high-performing teams and business organizations have earned him a reputation as a "leader of leaders." A Harvard Business School-educated CEO, O'Neil contends that fostering a corporate culture founded in respect, diversity, employee development and corporate social responsibility is what drives the success of the award-winning sports teams and businesses he oversees. These awards include Fast Company's "Most Innovative Company," Entrepreneur Magazine's "Top 50 Cultures," Sports Innovation Lab's "Top 25 Most Innovative Professional Teams in the World" and many others. The "Most Innovative Executive in Sports" (SportTechie) and "Most Admired CEO" (Philadelphia Business Journal) have been named to lists that include the "100 People of Power and Influence" (#37, The Hockey News/Sports Illustrated), multiple "Power 100" lists (NJ Biz, Philadelphia Business Journal, Philadelphia Magazine) and more. A decade-long Member of the NBA and NHL Board of Governors, O'Neil's insights on the sports industry's ability to move the global market have made him a prominent, regular voice on Bloomberg, FOX Business, CNBC, CNN, and across global business media. Scott is a man of faith and a father of three. His conviction to lead a perpetually present life as he famously "runs to work" and "runs home," guides his commitment to helping others realize their full potential. Be Where Your Feet Are: Seven Principles to Keep You Present, Grounded, and Thriving. Scott O'Neil Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Feb 1, 20231h 4m

316: Tim Bottke, Redefining digital transformation

Welcome to Strategy Skills episode 316, an episode with the author of Digital Transformation Payday, Tim Bottke. Why do companies embark on digital transformation? Is it because they need it? Or is it because it's the trend? In this episode, we deep dived into the world of digital transformation. We discussed the common mistakes companies make when pursuing digital transformation and the rationale that CEOs and leaders must have to succeed in this endeavor. Tim Bottke is a senior Strategy Partner at Monitor Deloitte and an Associate Professor for Strategy and Digital Transformation at SDA Bocconi, a Financial Times, Forbes, and Bloomberg Businessweek top five European business school. He has more than 22 years of top management consulting and digital transformation experience from two global strategy boutiques and Deloitte, working with clients in more than 20 countries. Digital Transformation Payday: Navigate the Hype, Lower the Risks, Increase Return on Investments. Tim Bottke Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Jan 30, 202344 min

315: Suneel Gupta, The hidden meaning behind failure

For this episode, let's revisit a Strategy Skills classic where we interviewed Suneel Gupta, the author of the international bestselling book Backable (2020). This book is rooted in his inner journey from twice-failed entrepreneur to becoming a leader behind two IPOs and being named "The New Face of Innovation" by the New York Stock Exchange. The book reveals the mindset shifts and hidden habits of people who are extraordinary at pushing new ideas forward. It shows how the key to success is not charisma, connections, or even your résumé, but rather your ability to persuade others to take a chance on you. As the founding CEO of RISE, a breakthrough wellness company, Suneel helped thousands of people establish a way to personalize their physical and mental health journey while connecting with certified nutritionists and trainers at an affordable price. The company was named "App of the Year" and partnered with then first-Lady Michelle Obama before being acquired by the NASDAQ-listed company One Medical Group. In 2022, with its acquisition of One Medical Group, RISE is now part of Amazon. As visiting scholar at Harvard Medical School, Suneel researches and teaches the interconnection between inner well-being and outer leadership. He is also emissary for Gross National Happiness between the United States and the Kingdom of Bhutan. Suneel is currently the host of Business Class, a docuseries created by American Express where he showcases entrepreneurs and business visionaries who embody struggle and resilience. He is joined on the show by guests like Top Chef's Tom Colicchio, former monk Jay Shetty, and Martha Stewart. Suneel has also personally backed ventures including Impossible Foods, AirBnB, 23andMe, and SpaceX. He was one of the very first investors in CALM, which now helps millions of people achieve a greater sense of work/life balance. Get Suneel's book here: Backable: The Surprising Truth Behind What Makes People Take a Chance on You. Suneel Gupta Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Jan 25, 20231h 22m

314: Bill Carr, What drives Amazon's success? (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we interviewed the former Amazon Digital Media VP, Bill Carr. Bill is the coauthor of Working Backwards: Insights, Stories, and Secrets from Inside Amazon, an insider's breakdown of Amazon's approach to culture, leadership, and best practices from two long-time, top-level Amazon executives. Bill Carr joined Amazon in 1999 and spent more than 15 years with the company. As the former Vice President of Digital Media, Bill launched and managed the company's global digital music and video businesses, including Amazon Music, Prime Video, and Amazon Studios. After Amazon, Bill was an Executive In Residence with Maveron LLC, an early-stage, consumer-only venture capital firm. Bill later served as the Chief Operating Officer of OfferUp, the largest mobile marketplace for local buyers and sellers in the U.S. Today, Bill is the co-founder of Working Backwards LLC where he coaches executives at large and early-stage companies on how to implement the management practices developed at Amazon. Bill holds a Bachelor of Arts degree from Colby College and a Masters in Business Administration from the Goizueta Business School at Emory University. Get Bill's book here: Working Backwards: Insights, Stories, and Secrets from Inside Amazon. Bill Carr and Colin Bryar. Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Jan 23, 20231h 15m

313: Why approve investments with negative returns? (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic from the Corporate Strategy & Transformation study. In this podcast, we look at the problem of superficial financial analysis. One way to save the client money, before they run out of cash in about 16 months, is to stop all investments which lose money. This, however, is a terrible idea that will cause enormous damage to the client's core business, consumers, and the economy. We discuss how we handle this recommendation and what we proposed in the study to fix the problem. Click here to see the full study and here to see the merger study and market entry study. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Jan 18, 20239 min

312: Handling client's difficult questions (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we address how to answer difficult questions raised by the client during an executive workshop or another type of client's executive group meeting. We start with discussing the right mindset any consultant requires to be able to effectively handle difficult questions from a client. We thereafter review the particular steps in addressing a client's difficult questions raised during a workshop or a presentation. Lastly, we dive into which skills are required to be able to handle difficult questions, especially the kind of questions for which you don't have an immediate answer. Click here to see the full study and here to see the merger study and market entry study. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Jan 16, 202315 min

311: How accurate was our financial model for the market entry strategy study? (Strategy Skills Classics)

For this episode, let's revisit a Strategy Skills classic where we discuss how accurate our financial model for the market entry strategy study is. Watch the video version here: How accurate was our financial model for the market entry strategy study? Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Jan 11, 202313 min

310: Top-down view of energy (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic about the top-down view of energy. It is crucial to provide boundaries when discussing sector-wide issues or the executives may get lost in the details and miss the key levers. Watch the video version here: Top-Down View of Energy Click here to see the full study and here to see the merger study and market entry study. Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Jan 9, 20239 min

309: Dr. Wendy Suzuki, How to improve your performance, the right way

For this episode, let's revisit a Strategy Skills classic where we interview an amazing neuroscientist, Dr. Wendy Suzuki. Wendy and Michael discuss how much many of us compromise our cognition and what can be done to improve our performance. You may be able to brag about that 1 a.m. email but if you could monitor your level of cognition you would quickly see, "Oh my God! This is not good." What is it doing for your brain? What is it doing for your executive functions in the prefrontal cortex? Leadership is not just about managing a team and setting goals for them. This is such a one-dimensional definition of leadership. Leadership is whether you can be fulfilled by what you are doing, be able to get up in the morning, and not kill yourself in the process of meeting a goal that some shareholder wants you to meet. You have to distinguish between health and performance. You can be performing quite high but you can be doing some dangerous things to push those numbers up or to push that productivity up. Just because you are performing well does not mean you are doing it in a sustainable way. If you enjoy the conversation and would like to learn more from Wendy, we recommend you read her engaging and practical book "Healthy Brain, Happy Life: A Personal Program to Activate Your Brain and Do Everything Better." Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Jan 4, 20231h 14m

308: Management consulting storyboards (Strategy Skills classics)

For this episode, let's revisit a Strategy Skills classic where we share one of our more in-depth episodes taken as a sample video from one of our strategy studies. This episode is complimentary and available on iTunes, Youtube, Spotify, and many other podcast players. Watch the video version here: How do I build the storyboard and why is it done so early? Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Jan 2, 202320 min

307: Adi Ignatius, Diving deep into enduring business ideas

Welcome to Strategy Skills episode 307, an episode with the Editor-in-Chief of the Harvard Business Review Group, Adi Ignatius. In this episode with Adi Ignatius, we discussed timeless pieces from the Harvard Business Review, deep-dived into the business ideas and concepts within, and discussed how its perspective on business ideas helps us prepare for the future. Adi shared how HBR's mission changed from the time it was founded and how it is improving for readers. Adi Ignatius oversees the editorial activities of Harvard Business Review, hbr.org, and HBR's book-publishing unit. Prior to joining HBR in 2009, Mr. Ignatius was the No. 2 editor at TIME. He is the editor of two books: President Obama: The Path to the White House and Prisoner of the State: The Secret Diaries of Premier Zhao Ziyang. Both made the New York Times Bestseller List. Adi lived and worked overseas for nearly 20 years. He was Editor of Time's Asian edition and served as Beijing Bureau Chief and Moscow Bureau Chief for the Wall Street Journal. He is also host of the HBR Channel. Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Dec 28, 202249 min

306: Carolyn Buck Luce, Be your own hero

Welcome to Strategy Skills episode 306, an episode with one of America's most respected and accomplished voices on women as leaders and their relationship with power, Carolyn Buck Luce. Have you ever wondered what the world looks like from someone else's point of view? We are all born different, with unique perspective, set of skills, talent, and experience, and with this combination, we can write our own story and design a life that is aligned with our purpose and meaning. As Carolyn said, "If you want to live in a way that is worth dying for, you can choose the most epic story for yourself knowing that you already have everything you need to have a life of meaning and purpose. The only question is how you want to invest your time, your trust, your talent, and your treasures." Carolyn Buck Luce is a sought-after speaker, she was appointed by New York City's former Mayor Bloomberg to his Commission on Women's Issues and has co-authored numerous articles in the Harvard Business Review on women's leadership, as well as diversity and inclusion. Across five decades, Carolyn has been a successful diplomat, Wall Street banker, management consultant, healthcare futurist, talent innovator, professor, author, philanthropist, wife, mother, and grandmother. Carolyn's life journey navigating a man's world has given her a unique perspective on living an epic life of meaning and purpose, regardless of the obstacles. Today, she uses her proprietary Decade Game to coach leading women around the globe to step fully into their power at home, at work, and in the world. Connect with her at [email protected]. Get Carolyn's book here: Epic!: The Women's Power Play Book. Carolyn Buck Luce Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Dec 26, 20221h 7m