Booz Allen Hamilton: An insider guide - Gymkhana

For Your ReferenceReengineering. Reengineering lost its cachet in the mid-’90s. In its purest sense,a reengineering project was supposed to involve a complete rethinking of acompany’s operations from ground zero.Shareholder value analysis. The goal of many companies is to enhance theirvalue to shareholders, and they engage lots of consulting firms to help them doit. There are all manner of ways, proprietary and not, to analyze shareholdervalue.True north. The place you want to get to. If you’re heading true north, you’removing in the right direction.Value chain analysis. An analysis of all of the processes that go into a product,from the gathering of raw materials needed to make the product to the deliveryof the final product to the customer. At best, each stage adds value to theproduct.Virtual office/hoteling. Sexy terms for an office setup in which nobody has apersonal desk or office. Means you could be hanging out with the clerks atKinko’s.White-space opportunity. A money-making opportunity in an area you aren’t setup to make money in. Think of it as an unbridged gap between what you doand what others do, or an untapped source of growth.78