Ted

If I were a consultant, I would keep an eye on the rate at which the technology is moving. Referring to the HBR article consulting on the cusp of destruction, opacity and agility were the two factors that kept consulting immune to disruption. Opacity is under threat. The changing business models offered by companies such as CONSULTED and the democratization of knowledge[1] will continue to diminish its importance. I cannot overstate the impact of technology, especially Big Data and Analytics on consulting. The sky rocketing rate at which data is being generated and collected, exponentially increasing computer processing power, and powerful algorithms that can derive never-before insights from this data, would eat more and more into what was purely a professional's job. Has been happening in marketing (an interesting story), is now poised to hit medicine (HBR), and it's not going to stop. However, the constantly changing business environment will bring in new problems which would need to be solved [1]. The world will continue to need consultants. But the classical consultant may not be the one. In this digital world, I believe the power may shift towards consultants who can understand and define algorithms or techies who understand business. My advice to aspiring consultants - consider equipping yourself with this new weapon and keep an eye open for potential disruptors. References [1] https://hbr.org/2013/10/consulting-on-the-cusp-of-disruption

"Gamification is the use of game thinking and game mechanics in non-game contexts to engage users in solving problems and increase users' self-contributions."[1] The following link gives a brief but a very good introduction to gamification - http://www.bunchball.com/gamification. The principles of game mechanics can be seen at work in very popular games such mobile/tab such as candy crush. The degree of involvement in the game is very high. Players often go on for hours and hours trying to improve their scores, reach more levels and so on. Most of the popular forums (stack overflow for example) now incorporate one or more principles of game mechanics. The participants score points for posting, liking, commenting, and answering questions. More the points you collect, higher your rank goes and more privileges you get. Imagine how effective a business would be if it can create a similar level of involvement for its customers or vendors. I experienced gamification first hand when the company I was working for decided to gamify its internal employee portal. Given that the company had grown to 5000+ employees, it was facing employee engagement challenges. A graphical interface was created where employees could create their 'avatars'. One scored points for good work, helping fellow employees with their problems, participating in HR activities etc. Special 'gifts' were awarded for getting technical certifications. The benefits of this program were multi-faceted. Increased collaboration - Employee collaboration shot-up as individuals were now eager to help others to score points. Problems were shared and quickly solved. Good ideas no longer remained in isolation, they quickly spread across the organization. Employee performance diary - Employees and managers could track employee performance via their avatar. Employees now took it upon themselves to record their good work (You got points for good work). This created an employee performance diary, the contents of which proved very helpful during the annual appraisal time. Smoothening of HR processes - The HR was able to transition from the annual appraisal process to a continuous process with hardly any reluctance from the employees. The performance diary formed the base for continuous appraisals. Productivity - Needless to say, as employees got more and more involved in company activities, employee productivity increased More and more processes were soon gamified, resulting in a comprehensive employee engagement platform. The program was so successful that the company offers the platform (called eMee) as a product! It has been a few years since I left the company. But I'm sure the gamification platform has been a big contributor towards the company being ranked among the top in various employee satisfaction surveys. In addition, the platform is now bringing in revenue for the company. References [1] http://en.wikipedia.org/wiki/Gamification