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Strategy from Perspective of Management Consultan

Autor:   •  March 17, 2011  •  Essay  •  744 Words (3 Pages)  •  2,490 Views

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Top management consulting firms have talented managers and strategy makers. A study of their selling strategy helps to get a better understanding of how strategies are made and used.

 Ideas or issues from McKinsey & Co.

1. The first idea McKinsey introduces to the potential customers is that using the web intensively allows corporations to gain higher margin and larger market share (Chui, 2010).

2. The second article offered ten timeless tests that managers can use to examine whether their strategies are working well and if it will keep on the right track in the future (Chris Bradley, 2011).

3. The third issue discussed the change of market trend in 2010: the deals in the market are rebounding decisively and creating more values to the market (Sivertsen, 2011).

4. Luis and Andres showed their thoughts of Colombia's case in their recent article. They suggest we learn from Colombia's experiences and to create a economic model for developing countries that fits the temporary macroeconomic conditions (Cadena, 2010).

 Ideas or issues from Bain & Co.

1. On the homepage of Bain & Co.'s website, the company indicates that those companies that apply Bain & Co.'s strategies had four times better performance than the market average (Bain & Co., 2010).

2. Bain & Co. has summarized six dilemmas that CEOs would be challenged with. The company had a deep analysis of the dilemmas and offered solutions to the CEOs (Critchlow, 2010).

3. Bain & Co.'s new book "Decide and Deliver" lists five practical steps to strictly execute the strategies (Marcia W. Blenko, 2011).

4. The fourth issue explained why the new round of western countries setting the economic policies would lead to a jump-start of aggregate demand. The author believes that it "is likely to be a flashpoint for the conversations and hallway debates among business leaders and policymakers when the World Economic Forum convenes in Davos this week" (Gadiesh, 2011).

 Ideas or issues from Accenture

1. Accenture gives us the case of outsourcing which shows that by applying high-tech in building the database, companies can get much improved analytical ability (Michael J. Salvino, 2010).

2. Accenture's new research indentifies four trends that can drive the economy growth in the next decades: an aging population, growing resource scarcity, exploding technology advances and emerging markets (Accenture, 2011).

3. Accenture suggests that companies should only enter social medias under the situation that they have a full understanding of what

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