As companies experience more success, there is a growing trend towards increased emphasis on Corporate Social Responsibility (CSR). According to a Harvard study, around 90% of companies on the S&P 500 published a CSR report in 2019, compared to just 20% in 2011. Large companies now recognise that the environment and communities in which they […]
Author: Rhulani Ndlala
Governments, businesses, and individuals are developing new use cases for blockchain as barriers to adoption continue to decrease. Blockchain has already had a significant impact in the finance industry with the global cryptocurrency market cap now exceeding $1 trillion. Blockchain looks set to be deployed in many other industries. The technology adds value by enabling […]
In this article we will provide a beginner’s guide to the Ethereum blockchain. What is Ethereum? What challenges does it face? 1. What is Ethereum? The purpose of Ethereum boils down to the transfer and storage of money and data. According to Ethereum.org, Ethereum is a “technology that lets you send cryptocurrency to anyone for a […]
Blockchain technology is making a strong impact in the finance industry due to the fact that it enables decentralization and direct peer-to-peer transactions. Removing the financial intermediary, i.e. the bank, can increase convenience, efficiency, and security. Direct peer-to-peer transactions can be settled instantly compared with interbank transfers that traditionally take several days. Transaction fees can […]
Software consultants set up customized software solutions tailored to the needs of individual businesses. Software is key to the efficiency of organizations in almost every industry. The increasing use of e-commerce, cloud computing, data analytics, and other digital tools allow businesses to engage in personalized interactions with customers at scale. Software consultants provide the technical […]
Business development consulting is about helping businesses grow sales and profits in order to achieve their strategic objectives. Business development consultants enable companies to reach their full potential and rescue companies that are struggling to survive. Business development consultants engage in ‘prospecting’ which involves searching for potential customers who are likely to be a good […]
Digital marketing consultants provide marketing advice and optimize the online presence of organizations so that they can be easily found by their target audience. Unless your business has the brand power of Amazon, Google, or Facebook, a failure to optimise digital marketing is likely to place an unnecessarily large barrier between potential customers and what […]
At its core, innovation consulting involves bringing together technical, creative, and analytical skills to solve business problems, address societal issues, and transform ideas into reality. Innovation is an umbrella term for designing and developing new products, navigating unchartered business environments, and creating change in unexpected ways. Consultants here are forward thinkers. Some aspects overlap with […]
The working world can be an intimidating environment. Problems may arise with your boss, colleagues, the economy, your company’s strategy or business practices. You may have limited control over the source of the problem and little leverage to resolve it. This post aims to provide you with some guidance on how to approach difficulties in […]
Receiving an offer from a top consulting firm is an exciting experience. It is a breakthrough for many and a fantastic journey to begin. The first step starts with training, the learning of technical skills, soft skills, and time management skills. In consulting, your training, adapting, and professional growth actually never stop. You will frequently […]
Categories
Do you have a minute to spare?
Consultants regard time as crucial. The value of time is derived from the fact that we must each make reasonable use of the 24 hours we have been allotted in order to live a balanced life that is not only productive but also healthy, happy, and fulfilling. Effective time management can be applied to complete […]
Consultants in the rainbow nation have continued to operate efficiently and effectively during the Covid pandemic. The chaos has changed the way the consulting process is carried out but the end goal of providing reliable solutions to clients has remained the same. Based on several interviews with consultants, here is the picture painted for me […]
Consulting, like many other industries, is under threat from artificial intelligence (AI) and machine learning (ML). AI refers to a range of technologies that allow computers (or robots) to perform tasks commonly associated with intelligent beings. ML plays an important part in building AI systems, and refers to the study of algorithms that improve with […]
Non-fungible tokens (NFTs) have caught people’s attention. For those interested in collecting original digital assets, NFTs have become the new way to legitimize ownership of anything that can be digitized. An asset is fungible if one unit can be directly exchanged for any other unit of the same asset. In other words, each unit of […]
Networking is a normal part of student life. The term networking nowadays usually connotes interacting with business people with the goal of achieving a professional outcome, and this becomes increasingly important as the academic journey comes to an end. In the consulting industry networking is more than just gaining a few names and LinkedIn contacts, […]
As a consultant you’ll have plenty of things to think about as you build your career. This article looks at some of the key questions to consider as you pursue a career in the management consulting industry. Is consulting for you? Probably a good question to ask upfront. When wondering whether consulting is for you, […]
Categories
How to prepare for case interviews
Case interviews can be a hurdle or stepping stone at the beginning of your consulting career. The difference lies in your preparation and ambition for a consulting career. The interview tests your problem solving ability, communication skills, composure and interpersonal skills. Many resources exist to prepare for the case interview, which can make it overwhelming, […]
Consulting is a career where you hit the ground running. Having a clear direction and strategy for your career early on can grant you amazing advantages, but so can keeping your options open and exploring the opportunities offered by consulting. This article identifies what lies ahead for graduates considering a future in consulting, and highlights […]
Applications can be a stress inducing process when pursuing a consulting career or opportunities from consulting firms as a student. Especially when you are competing against your peers who offer a diverse pool of skills, experiences, and backgrounds for consulting firms to cherry pick from. Selection criteria for candidates may differ from firm to firm […]