consulting skills in industry

Corporate Politics - Good or Bad?

Corporate politics has a negative connotation. You’ll often hear phrases like, “They’re being so political.” “I hate engaging in politics.” I used to have this perception as well. I changed my mind when I took a class on Power and Politics at the Stanford GSB. My professor made these simple declarative statements. Anytime there are [...]

Exploiting Salary Discrepancies in Industry

Today I’d like to borrow a concept from Wall Street and apply it to accelerating your career in industry. Wall Street traders engage in something called “financial arbitrage.” This refers to noticing discrepancies in market prices for two financial instruments and exploiting it for profit. For example, the orange juice manufacturer notices that the cost [...]