McKinsey: How big is the gig economy?

McKinsey & Co published a very authoritative 148 page study here (3.8Mb pdf) arguing a fairly simple (perhaps obvious) fact; the number of people freelancing is larger than you might think (20%+) and growing quickly. For those who already do project-based solo work this is non-news. We all know ex-consultants, Uber drivers, photographers, web-sign designers, caterers, eBay arbitragers, mortgage attorneys, and real… Read More »

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Anti-FOMO book: The ONE thing, by Gary Keller and Jay Papasan

This book is all about focus. It is like the Pareto Principle to the extreme. The authors argue that by narrowing your focus to ONE thing in each area of your life, you will be happier, more successful, and find things easier. It turns out that pseudo multi-tasking, and not thinking about what is most important in… Read More »

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David vs. Goliath: 3 Ways Consultants and Small Consulting Firms Win

As a small consulting firm or independent consultant have you ever felt you can’t compete with a larger firm? Have you found yourself shying away from going after larger clients and new business opportunities because you think you can’t compete? Over the last 17+ years in the consulting business I’ve heard this concern from many […]

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Consulting tip: study charts, tables, graphs

Consultants see patterns. It’s a core part of our job to analyze data, separate the signal from the noise, and interpret the patterns. Some are better than others and it’s a talent that takes time to turn into a skill. Find good presentations and study them. Like an craftsman who can appreciates solid work, geek out on graphs and analyses.… Read More »

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What is FOMO?

Fear of Missing Out (FOMO). Yes, we all have it sometimes. Social anxiety. It’s that nagging fear you that you might be better off – somewhere else, with someone else, doing something more fun. It’s that high-school sense of peer pressure to not be left out of the group. It’s that hint of jealousy and benchmarking to see how you’re doing… Read More »

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Consulting tip: Minto’s Pyramid Principle

Repost. This is from 4 years ago and covers the Minto’s pyramid principle – one of the most important concepts in executive communication and logical structuring of arguments. This is really big at all the big 4 and big 3. It is the scaffolding of management consulting thinking. My revised thoughts (2016) shown in red color. Consultants must structure… Read More »

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Trust without clear expectations = fail

Trust, but verify. This is a Russian proverb that US President Ronald Reagan learned and used frequently when speaking about the Soviet Union and nuclear arms reduction verification in the 1980s. I use it quite a bit too – and when delivered with good comedic timing – it can be quite funny. Trust people. But don’t be so naive to… Read More »

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