November 2012

In technology industries, the single biggest strategic maneuver one can make is to employ a "disruptive" strategy. A disruptive strategy is one that so challenges (some would say massively threatens) the status quo how things are done in an industry that quite often it completely wipes out entire industry sectors. Examples include: * Digital movie delivery [...]

I'm often fond of saying that: Math Never Lies, But It Does Often Mislead Let me give you an example to illustrate this point. Let's say you use math to analyze a client and discover they generate $100 million in profit. Is this good or bad? It's a simple question. From a math perspective, all [...]

In life, there are two kinds of critics. There are those who sincerely want to see you improve, and there are those that just want to put you down (often to make themselves feel superior to you). Take note of constructive suggestions from the former, but learn to ignore comments from the latter. This truly [...]

There is a simple principle the underlies the relationship between client and consulting firm. It is something I call the Uncertainty Arbitrage. While uncertainty is self explanatory, if you're not from a finance background, the concept of arbitrage may be new to you. In its usual context, arbitrage is a financial trading strategy design to exploit goods that are [...]

Following is a field report I received from a F1Y in Asia. Field Report: Dear Victor, Just wanted drop you a quick note. As an experienced hire that didn't even get interview invites coming out of undergrad and periodic cold web submissions a couple years ago, I now made it to final rounds with Bain [...]

Question: I am a junior at [U.S. University] and through a connection I was able to secure a "coffee chat" with a BCG Associate. In the confirmation email, it says "No need to dress up - this is an opportunity for us to get to know each other in a casual setting." I obviously don't [...]