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Economics

10 Amazing Examples of Nudge Theory

Nudge Theory, first formulated by the Nobel Laureate Richard Thaler, is part of a relatively new field called behavioral economics, which believes that subtle conditioning and small environmental changes can actually have a profound impact on the behavior of individuals and groups. This theory, and the practical repercussions of it, have been taken to heart […]

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Interviews

Navigating the Case Interview

The journey to management consulting has many pitfalls that a candidate needs to navigate. Along the way, every candidate will encounter the case interview. As monstrous as it may look, it is said that the case interview reflects the reality of day-to-day consulting. Preparing in the right way can provide candidates with the armoury needed […]

Categories
Gig Economy

‘Uberization’ of consulting: A major disruption or merely hype?

The ‘UBER’ fever has caught North America. There has been an emergence of the “gig” economy, which is essentially an economy characterized by the prevalence of short-term contracts or freelance work, as opposed to permanent jobs. UBER and Air-BNB are the companies who have perfected this model and have radically democratized the taxi and hotel […]