Inarticulate ramblings of a management consultant

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

Tag Archive for ‘Analysis’

The power of persuasion – changing public perceptions of deals

For as long as I’ve been working on mergers and acquisitions, the statistics have been dire. With some exceptions, commentators from the strategy houses to the big 4 to independent experts, have bemoaned the seeming inability of companies to consistently generate value from inorganic growth. I will leave the one piece of analysis which reports something different aside, see attached for some comments on that ‘interesting’ analysis! (https://bendehaldevang.com/2014/06/06/the-latest-ma-analysis-from-mckinsey-part-of-the-problem-or-part-of-the-solution/). What’s extraordinary […]

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The bad news about deals….they expose structural weaknesses when everyone’s looking!

I’ve always thought about transactions as being quite different complex transformations from the ‘business as usual’ activities. There’s been a train of thought for a number of years which looks to create separate governance, resources, processes and methodology in post-acquisition integration. This is based on the requirement for different skill sets and the potential for distraction from the ongoing business. As we enter a period of increased M&A activity again, […]

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The perfect storm which has the potential to challenge the corporate world as we see it today

I have spent the last few days at the Symex Conference in Palembang, Sumatra, speaking and listening to a bunch of bright, articulate and challenging speakers. It has lead me to a conclusion about a significant challenge that corporates around the world face over the next few years….a convergence of issues or perfect storm which have the potential to change the corporate landscape as we know it. Let me set […]

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Buying the right quality at the right price – the challenge for procurement

I’ve had two conversations with clients around procurement in recent times which I wanted to share with you. The first one included a remark from a client which struck me to such a degree that I wrote it down precisely. ‘Our procurement process actively discriminates against smaller firms because of the perception that they offer limited services’ were his precise words. The second was with a procurement professional who told me that his brief was […]

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Top down or bottom up? Developing a strategy which actually gets implemented!

Now there’s a question! Let me say upfront that as someone who comes from a programme and project management background (and therefore implementation focus), I have an inbuilt bias to this problem but will try to put a rational and as usual, highly cynical case to this problem. By the way, I don’t mean challenge, issue, risk or distraction, but serious, business / career destroying, crisis inducing, health impacting problem. […]

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Re-employment, not retention – that’s the name of the game these days

It is extraordinary how age creeps up on you. In thinking about and discussing this blog with a colleague recently, I was suddenly aware of how over the course of 20+ years of work, the nature of my relationship with my employer has changed and more specifically how different it is from the new generation joining the workforce. So, like many of my peers, I’m left with a dilemma. Do […]

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Agile – A change in methodology or something much deeper and altogether more challenging?

I’ve just spoken at an excellent conference on project management in KL. There were some truly interesting seminars on project recovery, risk, the danger of optimism in projects, and of course Agile. It is extraordinary what sort of reaction this topic generates amongst proven, seasoned project management professionals and the range was certainly on display at the conference. I saw everything there from fear and loathing, to contemptuous dismissal, to […]

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How Circumspect Should Quantitative Forecasters Be?

Originally posted on Dart-Throwing Chimp:
Yesterday, I participated in a panel discussion on the use of technology to prevent and document mass atrocities as part of an event at American University’s Washington College of Law to commemorate the Rwandan genocide.* In my prepared remarks, I talked about the atrocities early-warning system I’m helping build for the U.S. Holocaust Memorial Museum’s Center for the Prevention of Genocide. The chief outputs of…

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People in project management – the ultimate elastic band in terms of productivity!

With thanks to Toby Tester for this topic, I wanted to explore a subject which has been close to my heart for more years than I can say. How did we get to a situation where the presumption is that human capital productivity stays constant in periods of intense change? I know this blog is supposed to be a series of incisive commentaries based on personal consulting experience but the […]

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Bringing project management into the mainstream

With thanks for an excellent seminar last night by Thomas Martin of Forward Intelligence Group and previously Microsoft, and also a reflection from a number of other clients and colleagues, I’ve been observing an interesting series of phenomena in the last few months. A redrawing of some of the traditional boundaries between transformation and business as usual activities, specifically when it comes to allocation of CAPEX. It seems that there […]

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Absorptive Capacity, Knowledge Management and Innovation Capacity

Originally posted on Paul4innovating's Innovation Views:
Let’s start with some defining statements. Innovation is totally dependent on becoming aware of external ideas and the knowledge that is needed and then translated for it to become new innovation. We can ‘fall over these ideas’ or we can find ideas or concepts through explicit search. Then to translate these and turn them into something new and different we need to…

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The bubble….why does it continue? Our poor forecasting capability or collective amnesia?

I was listening this morning to the Forum on the BBC which had an archectural theme to it, notably including Stephen Bayley, a commentator with whom I had dealings some years ago and whose opinion is always worth listening to. He made the point that the completion of very large, eye catching buildings seemed to frequently coincide with an economic downturn and quoted Dubai and various buildings in London, the […]

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Management information in projects – a meaningful source of data or post rationalised intuition?

Much of my work in recent years has been to work with senior managers who are looking for some kind of a magic bullet to give them an insight into their organisation…a data set which: They can trust where the ‘provenance’ is clear and consistent. The consistency in particular has to relate to qualitative experiences they’ve had with their employees or other relationships they have internally or externally Relates to their own experience either […]

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What’s the value of a plan?

It may seem strange to those of you who know me that I’m in the profession of planning otherwise known as project / programme management. For years, my life was anything but planned, work opportunities seem to occur through a combination of chance and happy circumstance. Obviously it’s been easy to post rationalise my various moves (!) but the reality was very different. That was not however due to a […]

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Moving from Subject Matter Expert to Consultant

Two interesting moments this week: I was asked by a client to work with his team to help them understand what it is to become consultants. Interesting mandate and many might say, why on earth would you want to do that? A powerful debate with a fellow consultant around the challenge behind being both a subject matter expert and a consultant. In preparing something for the first of these challenges, […]

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The hangover from post merger integration

I was with a new client today to discuss a new procurement initiative for a business which spans 14 countries in Asia. The initial transaction which formed this large and very successful operation was completed in late 2008, an incredible time to make an acquisition both in terms of price and expectation management in terms of shareholders. Since then it has performed extraordinarily well both in terms of growth and […]

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To Diagnose or not to Diagnose?

The usual story about consultants checking your watch and telling you what time it is, has preoccupied me for a while now…primarily because it’s often true. The presumption behind the story is that the client knows his issues well and doesn’t need any diagnostic. In fact, increasingly consultants don’t do diagnostic or analysis any more, at least not officially and primarily because clients don’t want to pay for this service. […]

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