Management Consultant Archive

Top Executive White Paper: Wargaming for CIOs

Wargaming for CIOs

a White Paper from our iCEO Nitin Kumar

“Business Wargaming is an adaptation of the art of simulating moves and counter-moves in a commercial setting. Unlike military war games, or fantasy war games which go back hundreds of years to the days of Prussia and H.G. Wells, business war games are a relatively recent development, but they are growing rapidly. The time has come for CIO organizations to adopt this technique in order to stay ahead of their challenges.
Wargames can help enable foresight into future scenarios holistically and help build a proactive strategy and a better reactive strategy…”
Continue reading

Tagged with: , , ,

Interim Management: Turnaround

Interim Management – Life at the Sharp End (Part 3)

Turnaround Management, is there a Recipe?
Ideally, what you would like to have is sort of a recipe, telling you what your ingredients are, how to stir them and finally at what temperature the oven should be set. Well, I cannot offer you quite that much and some readers might argue that we are not discussing a Jamie Oliver show but rather a more serious subject. But on the other hand, who dares to pretend cooking shows are not serious cooking? As a practitioner of interim management in financially distressed companies you do not want to spend a lot of time reading the learned opinions of academic experts on the subject. Besides, there is a plethora of books. Nevertheless, we need to spend a moment on the question “is there a generally applicable way to approach things?” Let me add a word of caution: There cannot be a universally applicable manual because legal systems are different from country to country. Hence, you will have to find the right manual for your coun-try and in your language. Helpful is a manual with lots of check-lists and practical advice, meaning feasible and doable. The good news is that there are such manuals but you will have to unearth them. For a short English introduction into the subject and a compilation of case studies see the books by Stuart Slatter. Continue reading

Tagged with: , , , ,

Interim Management: The First Week

Interim Management – Life at the Sharp End (Part 2)

This is the second part of the Insiderblog on Interim Management from Peter Wolf, one of our certified iCEOs. View the latest figures of our top executives pool

The First Week

Never is the saying more true to the letter “There is no second chance for a first impression” than when you first enter your new company as an interim general manager. You prepared yourself well, you have your script and you have the necessary authorisation by the board. So you feel well prepared for the task. At this point, let me say a word about the dress code and I do not mean white tennis socks. You will have to fit in which means that if your client is a manufacturing SME in a more rural area of the country it is a bad idea to show up in Oxford shirt and pin-stripe suit. Do not overdress nor underdress. Continue reading

Tagged with: , , , ,

Interim Management: Business

Interim Management – Life at the Sharp End of the Business

Today, one of our certified iCEOs, interim manager Peter Wolf shares his experiences as interim manager. This insight view gives you interesting and helpfull tipps as to the expectations of the client company and how to prepare an interim assignment.

Not for the fainthearted
For the past thirteen years I had been working as a management consultant and interim manager in Switzerland, France, Germany and the UK. Therefore, this is a practitioner’s view about change management under aggravated conditions typical in interim management situations. Continue reading

Tagged with: , ,