Inarticulate ramblings of a management consultant

the day to day experiences of a consultant operating in weird and wonderful client situations

Selling

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Revenue synergies – the last great hope in the justification of paying too much for too little

The announcement this morning of the acquisition of Baxalta by Shire suggests that the wave of pharmaceutical acquisitions is still ongoing. The current market fluctuation may help others to continue their quest in what is probably the largest sector consolidation we’ve seen in a decade or two. The Shire share price reaction is also interesting…a fall of 8% suggests that investors are increasingly concerned that for this specific deal, and […]

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Acquisition in an emerging market – integrating the ‘ways of working’ – an exercise in futility?

The final instalment of this series of blogs, from the perspective of a mythical CEO of a family owned business being acquired by a multinational corporate. It is based on my experience of deals across Asia and is not specific to one particular transaction. If you’d like to read the previous parts (which may make sense as they’re written in chronological order), you can access them here – Due diligence, […]

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Life beyond powerpoint – the challenge of a mid afternoon 30 minute speaking slot with a virtual and in-room audience

During a recent book tour in Asia (for the very few who haven’t heard about or indeed read my book ‘Save the Silver Bullet’ (!) I was confronted with this particular challenge…and what a nightmare it is. Oren Klaff (author of ‘Pitch Anything’ an excellent book on sales in general) describes the challenge of a subject matter expert communicating his / her knowledge in a way which connects with the […]

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Consulting for free – really!?

As I sit in the back of a blue bird taxi in Jakarta on a Tuesday night after a day of pitches…for those of you who haven’t been here, this is likely to take some time….I’m drawn to write about the plague that is increasing impacting consultants, specialist or generalist, local or international, small or large: the ‘try before you buy’ trend You know that things have started to take […]

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Domain knowledge – the only thing that matters in consulting?!

A frequent complaint that one hears about consultants is that ‘one team sells’ but another delivers…the implication being that the more senior folk are involved in winning the work, but when it comes to delivery, it’s often handed to the less experienced with the expected consequences. Like all professions that deliver a service, the tendency is to try and win at all costs and think about delivery at a later […]

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How M&A destroys value – it’s all about the small things!

I’m working on a couple of transactions at the moment around the region and one of them in Indonesia led to a moment of insight which I wanted to share. As consultants, we are frequently accused of looking for the big impact change…the magic bullet which will dramatically transform the project / or open the stakeholders eyes to a new way of doing things. In the mergers and acquisitions area though, […]

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Are we always going to spend countless hours on planes to get to sit in meeting rooms with colleagues?

This morning, as I sit on yet another flight, this time from Singapore to Hong Kong, it’s ever more apparent to me that far from video conferencing and other forms of communication taking the place of international travel, planes are fuller than ever with business travellers flying short distances for a schedule of meetings, which from my own straw poll over the past 18 months, are mostly internal to their […]

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The 3 dimensional sales model for consulting…so different from delivery?

The continual cycle for most consultants is that of sales to delivery to sales…..hopefully with as little downtime inbetween as possible. What’s interesting is that the skill sets for sales and delivery are often perceived as fundamentally different, that somehow we have to morph into different people to be able to make this transition effectively. One of the greatest moments of resistance one gets from consulting teams is often based […]

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