Phil Stott

Phil Stott

Phil Stott is a Vault Editor. Since joining Vault in 2007, he has covered a variety of industries including consulting, consumer products and technology. He is also well-versed in general career issues, having worked in a variety of fields including freelance journalism, consumer banking, English language teaching, soccer coaching and more. Originally from Scotland, he holds an undergraduate degree in English Literature and Modern History and a Masters in Research in Civil Engineering. 

Contact Phil Here

All Posts by Phil Stott

The Most Prestigious Consulting Firms, 2018

by Phil Stott  |  September 05, 2017

Prestige is an important component in selecting a consulting firm for both consultants and their clients. It's something of a virtuous cycle: when a firm is well-regarded, it offers peace of mind to those who pay the bills for its services; that helps to attract top-tier clients; which in turn attracts top candidates to the firm who can provide work that clients are satisfied with. But while it's an important-if intangible-metric for clients, there's an extra layer to the prestige question... Read More >

Leadership Lessons: Find Someone to Follow

by Phil Stott  |  August 30, 2017

Much of what you'll read about leadership and entrepreneurialism focuses on visionaries-people who stick their neck out and make it big by following their dreams. But what that commentary often misses is the importance of the people around them-something that is perfectly captured in the video below. (Disclosure: I know it's been around for a while, but it's definitely worth rediscovering).   In the video, entrepreneur Derek Sivers provides a voiceover to a clip that went viral back... Read More >

The Best Boutique Consulting Firms to Work For 2018

by Phil Stott  |  August 28, 2017

As you may be aware, we announced our annual list of the Best Consulting Firms to Work For last week.  What you might not have noticed, given the fanfare that surrounds the main list, is how granular our rankings get--we rank firms across a variety of practice areas (like strategy consulting) and individual quality of life factors (like compensation, firm culture, work-life balance and diversity). In the coming days, I'll be highlighting some of those rankings here on the blog and... Read More >

Vault's Top 50 Consulting Firms for 2018

by Phil Stott  |  August 22, 2017

I am delighted to announce the release of the 2018 Vault Consulting rankings. Without further ado, here are the top 10 consulting firms to work for in North America in 2018: McKinsey & Company The Boston Consulting Group, Inc. Read More >

Spotting Fake News: A New Career Skill?

by Phil Stott  |  July 31, 2017

Ask anyone involved in journalism, and they'll tell you that the role of media organizations in general-and journalists in particular-has become significantly more technical in recent years. Gone are the days when a journalist could make some calls, churn out some copy, and call it a day. Many newsrooms now screen candidates for their proficiency with different content management systems, their ability to wrangle large data sets, and their understanding of social media trends and... Read More >

Will AI Kill the Consulting Industry?

by Phil Stott  |  July 25, 2017

The rise of artificial intelligence in recent years has been accompanied by headlines about a huge coming wave of technological unemployment-no longer will people be needed for anything that involves data processing, pattern recognition, and so on. At the leading edge of this revolution: the consulting industry, which thrives on its ability to identify trends and technologies that will reshape its clients' businesses-often selling these very technologies as solutions. But, as a recent... Read More >

Is a Long-Term Career in Consulting Possible?

by Phil Stott  |  July 24, 2017

When it comes to choosing an employer in the consulting industry, candidates often survey the field and come away with the impression that there's really only one career path open to them: spending two or three years at a firm before moving on. There have traditionally been good reasons for doing this: many people enter consulting with the intent of fast-tracking themselves into a management career, or to gain the requisite experience to bolster an MBA application for one of the bold-face... Read More >

This Is What a Terrible Corporate Culture Looks Like

by Phil Stott  |  July 19, 2017

Here at Vault, we're all about trying to help people figure out which companies they want to work for-with our advice typically based on a combination of factors like work-life balance, company culture, and the like. The more you know about a prospective employer, our theory goes, the more likely you are to make a decision that you're happy with (and that will therefore also make your employer happy). If you want to know why we take that perspective (as opposed to, say, just encouraging... Read More >

Workplace Equality is No Joke

by Phil Stott  |  June 14, 2017

Time for a thought experiment: you're a board member at a company that has recently been beset by allegations of "harassment, discrimination and inappropriate behavior"-allegations that have seen 20 employees dismissed in recent weeks. As a member of your company's board, you have to attend a meeting where the plan to deal with the fallout is being announced. Among key provisions being discussed: a change in culture to make the working environment less toxic; the appointment of at least one... Read More >

Are Millennials Changing Workplaces for the Better?

by Phil Stott  |  June 06, 2017

Whisper it, but we may finally have arrived at the point where the word "millennial" is fading as a term thrown out by exasperated Boomer managers who just can't figure out how to get along with their younger colleagues. In fact, if recent remarks by Morgan Stanley vice chairman and managing director Carla Harris are anything to go by, those Boomer managers may have actually started to realize that millennials are, in fact, the future of Read More >