strategic outlier

The 80/20 Rule - An Unusual Example

One of my favorite interests is to apply the 80/20 rule to everyday life. In consulting work, we’re constantly trying to do the most critical 20% of the possible work to yield 80% of the results or insights. I’ve found it quite surprising that MBB consultants who are great at applying the 80/20 rule at the office [...]

The Importance of Career R&D

A product company like Apple invests heavily in research & development (R&D) to maintain its competitive advantage. One of the ways you can tell a CEO is managing for short-term results at the expense of long-term sustained success is when he or she cuts back on R&D investments. In the workforce, there are two kinds [...]

Deconstructing Entrepreneurship

I’ve received numerous requests from readers to deconstruct entrepreneurship much like I have done for case interviews. Unlike case interviews where there’s a narrow range of “correct” approaches, entrepreneurship is infinitely vast in how one can succeed. That being said, in my work with small business ranging from solo entrepreneurs to Inc 500 companies, I’ve [...]

Do you Play to Win or to Not Lose?

I find strategy concepts that I would typically use in the business realm are often surprisingly useful when moved to determine strategy for one’s life and vice versa. One idea in particular I’ve been thinking about over the years is developing a strategy to “win” as opposed to one designed to avoid loss. The two [...]