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United States
I help companies to explore new initiatives and the development of new products and services opportunities. Please contact via email above or at US tel: 310-856-9914.
Interests: wine, golf, innovation, technology, education, entrepreneurship, sustainability, social responsibility, wellness, music & the "drum kit"
Recent Activity
After six years at TypePad and providing "more detail than any other blog ... on the consulting life" (*), Steve Shu's Blog has moved to a new location. I retire my TypePad blog with mixed feelings, as I felt it... Continue reading
Folks - for the future, I will be posting my management consulting blog entries at the linked site. The Feedburner reference has been replaced. Thanks for stopping by! Continue reading
Gazhoo and Lillilooloo are definitely interesting sites for management consultants to be knowledgeable about. On first blush, what struck me about Gazhoo was that there seemed to be somewhat sophisticated topic areas being addressed. As for Lillilooloo, the add-on services of getting documents revised, "beautified", etc. ... well I have started to hear more annecdotally about other small consulting firms using similar types of outsourced services as part of their backoffice operations. Docstoc is another portal, community, document store thats strikes me as targeting a similar market demographic, e.g., mass-market SMB and individual professionals.
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Entrepreneurial situations in large companies differ from that of startups, yet one thing that they seem to share is that they often represent "hope" in one way or another. In the case of large corporations, these new initiatives can not... Continue reading
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Adrian C. Ott, CEO and founder of Exponential Edge Inc., included me on her distribution list for an advanced reading copy of her new book, The 24-Hour Customer. I cannot say enough good things about this book. In my mind,... Continue reading
Very interesting observation about the shift to using "you" as the engagement moves toward the end. Makes me wonder if there are any differences between the masses and those consultants who have a cultural focus in ensuring from the get-go that the client does not develop a dependency on the consultant. Also makes me wonder in cases where a consultant is brought in specifically for their 3rd-party, independent view, whether there is a tendency to create some distance between the client and consultant by using the term "you".
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People should view this post as a “food for thought” post. The idea for this post was triggered by things I have been increasingly seeing in companies as the recession bottoms out. The managerial situations are similar pre-recession, but anecdotally... Continue reading
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Charlene Li, founder of the Altimeter Group and co-author of the bestselling book Groundswell, was generous to include me on her distribution list for an advanced reading copy of her new book Open Leadership: How Social Technology Can Transform the... Continue reading
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It is atypical for me to write a book review for this blog, but Nilofer Merchant’s “The New How: Creating Business Solutions Through Collaborative Strategy” is very respectable contribution to both audiences of this blog and the process of strategy... Continue reading
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For many strategy engagements, a lot of attention is paid to the detailed analysis framework. For example, should a benchmarking framework be used? Or will that framework lead us down a path of mediocrity? Or perhaps value-chain or Blue Ocean-like... Continue reading
As many times I have written a "business plan", it seems the flavor of it can vary quite substantially. I think the notion of this catches a good number of people by surprise. And why shouldn't that be the case?... Continue reading
Yes - I am a dad. As for the professional aspects in the collage, many aspects of this collage have to do with me being a good partner and #2 right-hand man (as opposed to playing #1 role). In cases where I play a right-hand role, I don't simply see myself as an extension of the #1 role. I bring a separate set of skills to the table. I get my hands down and dirty too. I value duty, professionalism, and mastery.
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Recently I found myself in the doctor's office seeking advice on a health issue I had been having with finger & joint pain. The way these conversations played out (with me in a reverse role as a client) triggered some... Continue reading
Steve Shu is now following The Typepad Team
Mar 15, 2010
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One technique that I tend to use a lot in management meetings and consulting engagements involves the use of two slide types. The purpose of these slides is often to help the management team get aligned and make a critical... Continue reading
Shanz, You may want to check out the attached website. It is targeted at folks trying to get into management consulting. http://managementconsulted.com/ Might also want to check out this post on consulting analysts. http://steveshu.typepad.com/steve_shus_weblog/2007/01/musings_on_the_.html The long and the short is that I see a few major ways into consulting firms (via engineering track): - be a good analyst (per post above) - get an MBA - target a firm that hires engineers - be an expert in an industry vertical - get a PhD and target a narrower set of firms (and/or specialized consultancies) Simply being an engineer is not a high probability route to get into a consulting firm. You will need to develop an "angle" that differentiates you.
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The introduction of new product or service lines into an existing customer base is a challenge that companies often face with new business development. Sometimes the opportunities can be readily quantified using traditional financial analysis (e.g., using net present value,... Continue reading
Consultant Insider, Glad things came in handy! Best, Steve.
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Bonnie, Thanks for the links. I had actually wanted to write this post (quite) a number of years ago and remember the SCIP materials, but I hadn't visited the site in quite some time. Thanks again for pointing out your site to readers. Best, Steve
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Sorry forgot to post a link. Here it is ... http://seenasharp.com
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Anne, Excellent wireup. Thanks for the contribution. Is the second link broken, however? As an aside for readers, I am reading a book by Seena Sharp on competitive intelligence. Although I haven't yet gotten to sections on ethics in CI, it looks like a very-focused book for those unfamiliar with CI. Best, Steve
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Joshua, thanks for sharing your perspectives. At least based on my experience, it seems like #1 of the two you mentioned is more common. That said, I've never directly asked a client why they've hired two or more consultants, so I'm only making a guess based on how I see them treating the firms. I will add this question to my list of questions to ask clients going-forward!
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In the past year I ran into a situation (mid-project in the capacity as an independent consultant) where the client was incorporating materials from my deliverables plus information from one of the major, worldwide strategy consulting firms that was also... Continue reading
A venture professional(who knew the answer already) posed another good case ... What if info lands on your desk during the course of due diligence (e.g., during investment or M&A)? Should that info be used for competitive intelligence (legal issues aside)?
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