Whether you majored in English or Mathematics, consulting firms will expect candidates to have a certain level of proficiency in math. The good news is that the math in case interviews isn’t terribly difficult. You don’t have to worry about…
This article is for anyone who wants to understand how consultants use Excel. Whether you are an aspiring consultant or already on the job, a better understanding of how consultants use Excel is one of the keys to drastically increasing…
At some point in your business career (hopefully sooner rather than later) you’ll find yourself wondering – what is the difference between capex vs. opex? Whether you want to run a business yourself, understand how a business you work for…
Understanding that there are different types of communication for business allows you to maximize your team’s effectiveness. Email, meetings, and interpersonal communication are all different but play an integral part in team performance. Jenny Rae breaks down these three types…
Variable cost is one of the two major cost categories that you’ll find in nearly every business endeavor. Together with fixed costs, they form the foundation of all corporate expenses. Even in the top business schools we teach at, there…
Corporate training presents a great opportunity for your team to engage with each other, and up-skill in key areas that most affect performance. Choosing the right corporate training topics is essential to maximizing ROI and making sure your team feels…
There is no lack of available resources to understand what makes a good corporate trainer. The real question is: How do you know a good corporate trainer from an acceptable, but not particularly remarkable, one? When it comes to selecting…
The Boston Consulting Group (BCG) Growth Share Matrix efficiently and effectively identifies if investments should be made into a product or service. Conversely, it also shows if a product or service should be retired from the market. Although there are…
Business communication is often considered a soft skill, when it should really be considered a hard skill. Unclear communication costs companies millions of dollars per year in inefficiency and lost revenue. As a result, it’s incredibly important that employees at…
Fixed cost is an essential part of accurate profit projections for every business, regardless of its size. As such, it is included in the calculation of cost of goods sold. These costs for some businesses—for example, manufacturing companies—will be much…