🔶 general
March 29
We have just released another Center of Excellence in the Strategy Control Room (Advanced Level).
One-Week Immersion: Consulting Onboarding / Consulting Mastery (744 SLIDES).
A powerful resource to use if you have one week before you're stuffed on a major consulting assignment: strategy, operations, etc. Even if you know nothing about management consulting, you can go through this training, and you will be more prepared than most consultants to operate at the highest standard. If you have a boutique consulting firm and you don't have time to train a new employee, you get them to work through these materials. If you're running a major firm, or a practice within a major firm, and you need to get people up to scratch, this will get them battle-ready within a week.
The 1-week Consulting Onboarding immersion covers crucial topics such as:
Explains the primary underlying analysis approach we use across all studies, including:
Developing Stream Benefits and Opportunity Charts
The bottom-up Business Case
What to watch out for when quantifying opportunities
Aspects to consider when facilitating the opportunity charting
The two stages of opportunity charting
The ways streams can improve the opportunity charting process
Populating storyboard
Breaking down costs for IT
Quick Wins
Moving the client along the emotional cycle of change
P-E-R model
Client's "red issues"
Volatility drivers
Updates
Team structure and what each role entails
Core tools utilized during a Phase 1 project
Developing, conducting, and summarizing Focus interviews
Sample Focus Interview Output Slides
Developing Hypotheses
Beyond analyses, we cover other elements required to be an outstanding management consultant, including but not limited to:
Consulting professionalism
Competitive confidentiality
Standard good practice framework
Threats and guidelines for traveling
General guidelines and protocol onsite, including use of time, phones, document security, project close down
Offsite guidelines, including working meetings, eating, drinking and socializing, hotels
Team dynamics, including teams as the key to success, team effectiveness, stages of team development, team structure and roles
Strategy mapping
Coaching and feedback
Managing change and resistance to change
Meeting management
Problem-solving/Team Building (PS/TB)
Developing Presentations
Delivering Presentations
Channel management and segmentation
And much more
HOW TO FIND THE ONE-WEEK IMMERSION: CONSULTING ONBOARDING / CONSULTING MASTERY CENTER OF EXCELLENCE (744 SLIDES):
1. Log in to The Strategy Control Room, Advanced Level, membership area.
2. See the "CENTER OF EXCELLENCE" dropdown.
3. Select "One-Week Immersion: Consulting Mastery."
4. One-Week Immersion: Consulting Onboarding / Consulting Mastery consists of 6 parts.
If you are The Strategy Control Room, Advanced Level, member, here is the direct link to this particular update (744 SLIDES).
If you joined an Advanced Level of the Strategy Control Room today, you would find the most powerful strategy, problem-solving, consulting, and results-oriented leadership reading library in the world. The resources include:
Michael's explanation slides for selected programs on StrategyTraining.com
9 full engagements
Change Management Influence & Persuasion Center of Excellence
Detailed Business Case Methodology Center of Excellence
One-Week Immersion: Consulting Onboarding / Consulting Mastery Center of Excellence
31 proposals
Flipcharts
Layout guides
17 strategy and problem-solving books which we do not make available anywhere else
2 brand new strategy and problem-solving books just released and not available anywhere else
11 book drafts never before available and not available anywhere else
Case interview materials for Felix, Rafik, Samantha, and Sanjeev, case interview exhibits, case interview solutions
The evolution of corporate strategy
The business case toolkit
Implementation and operation toolkit
Corporate strategy toolkit
Strategy maps
And more
April 02
• Edited (Apr 02, 2024)
New Legacy Coaching Session
Question:
"My firm adopts a structured approach to proposals, integrating proprietary frameworks and methodologies to guide our problem-solving process. Through StrategyTraining's insights on winning proposals, I recognise the importance of incorporating good logic, strategy and thinking. Proposals should also be able to:
1) ask the right question,
2) include some analyses to solve the problem, and
3) have a simple way of explaining the work the team is doing/seeking to do.
While I value the discipline my firm's process instills, I am curious as to how necessary it is to incorporate frameworks in proposals, given that client problems should be appreciated for their uniqueness and, ideally, tackled and solved using first principles. Additionally, in your experience, what common characteristics have you observed in proposals that secure client engagements versus those that do not succeed?"
March 18
The Start-Up: Building a Luxury Brand. Part 5
https://www.strategytraining.com/programs/collection-j-9yf4x_dd8
March 28
AI assistants: The advanced use of AI Tools
March 20
Another powerful release in the Strategy Control Room (Advanced Level). A new Center of Excellence: The Encyclopedia of Strategy Analysis - Handbook of Strategy Tools (264 SLIDES). This important update helps clients understand the tools needed to perform analysis well and the overall strategy development process. The Encyclopedia of Strategy Analysis Center of Excellence includes:
FC's Approach to Strategy
Understanding a Client's Strategic Position
Competitors/Industry Analysis
Customer Needs Analysis
Profitability Analysis
Capabilities Analysis
Developing and Evaluating Options
Next Steps and Feedback Process
HOW TO FIND THE ENCYCLOPEDIA OF STRATEGY ANALYSIS CENTER OF EXCELLENCE (264 SLIDES):
1. Log in to The Strategy Control Room, Advanced Level, membership area.
2. See the "CENTER OF EXCELLENCE" dropdown.
3. Select "The Encyclopedia of Strategy Analysis."
4. The Encyclopedia of Strategy Analysis consists of 7 parts.
If you are The Strategy Control Room, Advanced Level, member, here is the direct link to this particular update (264 SLIDES).
If you joined an Advanced Level of the Strategy Control Room today, you would find the most powerful strategy, problem-solving, consulting, and results-oriented leadership reading library in the world. The resources include:
Michael's explanation slides for selected programs on StrategyTraining.com
9 full engagements
Change Management Influence & Persuasion Center of Excellence
Detailed Business Case Methodology Center of Excellence
31 proposals
Flipcharts
Layout guides
17 strategy and problem-solving books which we do not make available anywhere else
2 brand new strategy and problem-solving books just released and not available anywhere else
11 book drafts never before available and not available anywhere else
Case interview materials for Felix, Rafik, Samantha, and Sanjeev, case interview exhibits, case interview solutions
The evolution of corporate strategy
The business case toolkit
Implementation and operation toolkit
Corporate strategy toolkit
Strategy maps
And more
December 01, 2023
In the Strategy Control Room - Advanced we have uploaded an example of a proposal which led to a series of consulting engagements. See how a successful proposal is written.
October 15, 2023
Most people follow a strategy of creating passive income, which they assume will create passive wealth. But that is not the same. If you focus on passive income without focusing on passive wealth creation, you will likely end up less wealthy vs. the level of wealth you could have achieved. Based on requests, Michael has updated his MasterPlan (in yellow shading) to explain the strategy he uses to build both wealth and income passively. This is an approach we have not taught in the MasterPlan online program.
MICHAEL'S MASTERPLAN
If you are The Strategy Control Room, Advanced Level, member, here is the direct link to this particular update.
If you are not familiar with the MasterPlan, it is our most popular program of all time. Related training is available on StrategyTraining.com. You can work through the training to help you put together your MasterPlan and, in parallel, review Michael's current and continuously updated MasterPlan. Working through both in parallel can help you make your MasterPlan even more of a powerful tool in your life. So here are related training programs on StrategyTraining.com:
The MasterPlan (access for Insiders and Legacy members)
Implementing the MasterPlan (access for Insiders and Legacy members)
The Mid-Life Strategy Update (access for Legacy members only. Insiders can upgrade to Legacy and back to Insider without losing Insider status)
If you joined at an Advanced level of the Strategy Control Room today, you would find:
Michael's explanation slides for selected programs on StrategyTraining.com
9 full engagements
31 proposals
Flipcharts
Layout guides
17 strategy and problem-solving books which we do not make available anywhere else
2 brand new strategy and problem-solving books just released and not available anywhere else
11 book drafts never before available and not available anywhere else
Case interview materials for Felix, Rafik, Samantha, and Sanjeev, case interview exhibits, case interview solutions
The evolution of corporate strategy
The business case toolkit
Implementation and operation toolkit
Corporate strategy toolkit
Strategy maps
And more
March 11
• Edited (Mar 11, 2024)
Business cases are not a document. That is the wrong approach and the most common approach. A business case is the justification for acting on a recommendation and it ends with convincing management to act. Unless the recommendation is acted on, it is not a proper business case. That is what we teach.
The steps need to generate the business case and get people to act. You have seen us use this approach in every program and book. Now, it is fully documented for you. Given the importance of Business case and Benefits tracking for our clients, we released a massive update of curated non-public guides within the Strategy Control Room (within Advanced Level membership) and Center of Excellence:
Our Best Thinking on Business cases and
Benefits tracking - 711 SLIDES
+
The full methodology - 625 SLIDES
+
A sample business case - 38 SLIDES
=
1,374 SLIDES
HOW TO FIND THE BUSINESS CASE CENTER OF EXCELLENCE (1,374 SLIDES):
1. Log in to The Strategy Control Room, Advanced Level membership area.
2. See the "CENTER OF EXCELLENCE" dropdown.
3. Select "Detailed Business Case Methodology".
4. The Detailed Business Case Methodology consists of 4 parts: Business cases, Benefits case, Benefits tracking (parts 1 - 3), and Full business case study. Each part includes multiple documents.
If you are The Strategy Control Room, Advanced Level, member, here is the direct link to this particular update (1,374 SLIDES).
If you joined at an Advanced Level of the Strategy Control Room today, you would find:
Michael's explanation slides for selected programs on StrategyTraining.com
9 full engagements
Change Management Influence & Persuasion Center of Excellence (2,345 SLIDES)
31 proposals
Flipcharts
Layout guides
17 strategy and problem-solving books which we do not make available anywhere else
2 brand new strategy and problem-solving books just released and not available anywhere else
11 book drafts never before available and not available anywhere else
Case interview materials for Felix, Rafik, Samantha, and Sanjeev, case interview exhibits, case interview solutions
The evolution of corporate strategy
The business case toolkit
Implementation and operation toolkit
Corporate strategy toolkit
Strategy maps
And more