domingo, 18 de septiembre de 2011

About Management Consulting


Management Consulting is currently a popular and competitive career field. While we have seen an increase in the number of firms who are recruiting for management consulting at Cornell there are many excellent firms who do not recruit and who must be contacted directly or through networking contacts.  Basically there are two types of consulting positions--the generalist and the specialist. Specialists offer process or functional knowledge to clients. Not surprisingly the hottest specialist area for management consulting has been in information technology and many of the firms who recruited at Cornell were specifically interested in students with background and interest in technology. Accenture and CGI (was: AMS-CGI) are examples of such companies. Another consulting specialty that does well in recruiting at Cornell is human resource management. 

Most students who ask about management consulting are interested in the generalist firms such as Bain,McKinsey and Mercer. These firms offer advice to corporate clients on to operating more efficiently, or opening new markets, etc.They generally only hire experienced candidates or MBA's for the positions that lead to partnership within the firm. Typically they hire undergraduates to act as research analysts and assume that these "associate consultants" or "business analysts" will leave after two years to pursue an MBA.  If you are seriously interested in a career in management consulting, you must make the effort to learn as much about it as possible and demonstrate your resourcefulness in researching both the consulting industry and the individual consulting firms. Remember, the firm needs to hire the type of individual who can demonstrate the ability to research thoroughly and articulate succinctly. In your first contact with a firm you should demonstrate as much knowledge about the firm as you would eventually be able to demonstrate about the firm's clients.  


sábado, 17 de septiembre de 2011

Upstart Business Consulting

Upstart Business Consulting Group provides comprehensive Business Plan books that help individuals start a profitable company with an initial capital requirement of $10,000 or less. Each business plan is researched and written by successful entrepreneurs for products and services across a broad range of industries. “New entrepreneurs may not have the necessary knowledge or experience that is required when developing a business plan,” says Tim Roncevich, the co-founder and award-winning business plan writer. “We saw an opportunity to help other entrepreneurs start a small business. After all, small businesses are the foundation of the American economy.”

Working with successful entrepreneurs in their specific industry, Upstart Business Consulting Group has unveiled business plans in the following industries: 

·           Business Services
·             Arts & Crafts
·             Children
·             Education & Instruction
·             Entertainment & Events
·             Food
·             Healthcare & Medical
·             Home Products & Services
·             Maintenance
·             Manufacturing
·             Pet
·             Plants & Agriculture
·             Real Estate
·             Retail Businesses
·             Security
·             Travel & Recreation

In addition to selling business plan books, Upstart Business Consulting Group also provides free business templates. Perhaps the greatest resource this business plan kit provides is the ability for you to e-mail your questions to professional business consultants and entrepreneurs from Upstart Business Consulting Group. Whatever your question may be, you will find a competent resource available to help you. Upstart Business Consulting Group is committed to your success, because when you succeed, we succeed.
Also, Upstart Business Consulting Group offers a free e-newsletter that is full of useful information for budding entrepreneurs and includes financial, legal, marketing, and business plan writing tips. Additionally, new business plan books and discounts will be announced through the newsletter.

“This book, and the series that it is a part of, is an excellent and practical guide for individuals seeking to learn more about business start-up in general and particular areas of opportunity,” says P.K. Shukla, Ph.D., Vice Chancellor for Entrepreneurship at Chapman University. “The tips offered in the financial planning review section are very valuable for readers to act upon.”

Steven Primm, CPA and co-founder of Upstart Business Consulting Group, was instrumental in developing the financial planning section of the business plan. Most small business consultants and lenders consider the financial projections of a business plan the most important section when determining whether a business is viable or not. Instead of spending hundreds of hours developing and researching your business idea, our pickup one of our small biz books will help you save time and money getting from initial idea to opening your doors.
As entrepreneurship continues to gain in popularity, the [business plans] from Upstart Business Consulting Group fill the gap between the entrepreneur’s initial idea and actual start-up. A very popular type of business to open now is a mobile business. Business plans continue to be vital to all businesses, not only as a necessity to obtain financing, but also as a roadmap for future courses of action. In fact, a business is more likely to fail in the first year if the entrepreneur did not write a business plan. It does not matter if you are a recent college graduate, a employee trying to make ends meet and save for retirement, a burned out mid-level manager trying to climb the corporate ladder, or a retiring baby boomer, there is no better time than now to become an entrepreneur.
Upstart Business Consulting Group provides much more than a generic business plan. They provide detailed business plan kits, including helpful information from initial start-up to daily operations, for many businesses in various industries. Additionally, Upstart Business Consulting Group offers various small business services including website design, marketing and advertising consulting, bookkeeping, SEO, and much more.

About Upstart Business Consulting Group 

Upstart Business Consulting Group was founded by graduates from one of the top ranked business schools for entrepreneurship in the United States, Chapman University. Upstart Business Consulting Group was founded with one goal in mind; bring entrepreneurship to everyone. The founders have over a decade of combined experience with two of the largest consulting firms in the world. The founders have various consulting experience including mergers and acquisitions, financial analysis, business process improvement, and information technology. Additionally, one founder is an award winning business plan writer and successful entrepreneur.




viernes, 16 de septiembre de 2011

Component business models


Open communication standards and plummeting transaction costs have ushered in the era of specialization. Industry dynamics are changing substantially, presenting firms with new opportunities to create or destroy value. No matter how large, individual firms can no longer expect to control end-to-end industry value chains. Instead, they must specialize in areas where they command an absolute advantage in the marketplace. 

Easily said. But putting specialization into practice with the right operating model requires executives to think differently, not only about the construct of the company but also about the interrelationships of the assets they rely on to provide value to the marketplace. Component business models offer a proven approach to driving a specialized focus, both internally and externally.  Internally, components help firms rethink the leverage they can achieve with the assets and capabilities they own.  Externally, components help firms source specialized capabilities that they cannot feasibly create themselves.  Combining these types of specialization allows firms to redefine their competitive positions in the face of the sweeping changes in their industries, while simultaneously achieving the competing benefits of scale, flexibility and efficiency

Competing in the era of specialization

During the last decade, businesses across the globe struggled to comprehend and adapt to the changes brought on by the ubiquitous growth of information technology and the Internet. Today, those uncertainties are no longer so uncertain; the tech-driven upheavals of the 1990s and early 2000s have coalesced into a new, eradefining set of imperatives. Widespread adoption of standard communication technologies (such as the Web, e-mail and instant messaging) and enterprise software packages (most notably in the areas of customer relationship management and enterprise resource planning) have given firms many of the same channel capabilities as well as a similar outlook on their organizations. At the same time, open data standards like XML have made it possible to automate transactions, driving a dramatic increase in flexibility and a “race to the bottom” in transaction costs.The convergence of these forces has formed what is, in effect, a global connectivity platform. The almost universal ability to plug into this platform has removed many traditional barriers to entry. As new entrants flood the marketplace, customers are finding it easier than ever to switch providers, creating an unprecedented opportunity for firms to create value – or lose out to competitors who do.  In this environment, only specialization – a laser-like focus on the few activities that confer real advantage and profit – will enable firms to deliver full value to their key stakeholder groups of customers, employees and shareholders. As the implications of the global connectivity platform ripple out through the marketplace, firms face a fundamental need for specialization on two parallel tracks: external and internal.