Many businesses consider an MBA a basic requirement for management consultants. MBA recipients generally have an advantage over non-MBA management consultants. Significant industry experience along ...

I have found that the elite talent who self-select into consulting are, on average, better suited for CEO roles than those going into investment banking, for example. Sure, McKinsey gets its first ...

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Capital Group Cos. is the holding company for $840 billion of assets. Yet it has no chief executive -- and never has. That unusual management structure, or lack of structure, is typical of the firm, ...

Fish swim in water. Humans swim in hierarchy. Families, volunteer organizations, and workplaces have hierarchy. Like fish with water, we take it as a given. Oddly, the popular management literature ...

Opinions expressed by Entrepreneur contributors are their own. Expert entrepreneurs are a rare breed, gifted in unique ways. But those gifts don’t make them better or worse than everyone else, just ...