Subscribe to Phil Stott's Vault Blog RSS Feed.

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

Consulting: Where the Jobs Are

by Phil Stott  |  January 29, 2013

To get a sense of where the consulting market is likely to be hottest-and, more importantly, to get a sense of where the jobs will be-it pays to listen to those whose job it is to assess and identify opportunities in the global business. Happily, the folks over at Consulting magazine have made that process a sight easier: the January 2013 edition of the magazine contains a series of interviews with leaders of major consulting firms-the very people who get paid to identify potential gaps in... Read More >

How to Stop Procrastinating at Work

by Phil Stott  |  January 22, 2013

"I love deadlines. I love the whooshing noise as they go flying by." That quote, from the writer Douglas Adams, is as famous an epithet as you're likely to find regarding the art of getting your work in on time-or not, as the case may be.  But while it may be the cause for a wry grin from those of us who occasionally have to pull a series of late nights to finish the work that should have been done two days ago, it doesn't offer us any help on how to avoid getting into that position in... Read More >

Is an M.B.A. Worth It?

by Phil Stott  |  January 07, 2013

It's the start of grad school application season and, like clockwork, the debate has rolled around again: is it even worth it to spend the next two years of your life pursuing the opportunity to put three little letters on your resume? Once upon a time, the answer was a no-brainer: if you could get into an M.B.A. program, you did it, and came out the other side with a license to pick your job and print money.* Nowadays, however, potential applicants are having to do the sort of... Read More >

Digital Strategy: A Growing Career Field?

by Phil Stott  |  December 21, 2012

Once upon a time, technology used to be a distinct subset of a company's business dealings-something that was seen as necessary on some level (all those workers need desktop PC's), but definitely something that could be left to the tech guys. The core of business, after all, is about making money, while maintaining technology tends to be about spending it.  Increasingly, however, companies are coming to realize that technology is their business-regardless of the fields that they actually... Read More >

Are U.S. Manufacturing Jobs Coming Back?

by Phil Stott  |  December 13, 2012

The idea of a renaissance in the U.S. manufacturing industry has been something of a mini-trend in the business press of late.  You could be forgiven for taking the various predictions with a grain of salt, given what we've seen over the past decade-and particularly the one just past. After all, it's common knowledge: the U.S. just doesn't do manufacturing any more, right? It's just too hard for U.S. workers to compete with employees in low cost countries-especially those with less... Read More >

3 Traits for Successful Case Interviews

by Phil Stott  |  November 28, 2012

The case interview is a crucial part of the hiring process in the consulting industry, and variations of it crop up in other industries as well. While there are a number of frameworks and techniques that candidates can memorize and practice to prepare for case interviews, the key to cracking them is less about cramming and more about how you behave on the day-someone who is too focused on figuring out which methodology to apply to a specific problem may well miss crucial details about the... Read More >

Monitor Bankruptcy: What the Employees Knew

by Phil Stott  |  November 20, 2012

The Monitor Group's recent bankruptcy announcement took many in the business community by surprise. That's not unusual, given that the firm-like many in the consulting industry-was privately held and therefore not under any obligation to release financial reports. But what about the people inside the firm? How much did the consultants-business experts all-know or suspect about the state of the firm's finances? That's a question that we at Vault are almost uniquely qualified to answer. Prior... Read More >

Monitor Bankruptcy: Is the Consulting Industry in Trouble?

by Phil Stott  |  November 19, 2012

Monitor Group's recently announced bankruptcy and subsequent buyout by Deloitte has been met in some quarters with the distinct sounds of schadenfreude. Whether your preferred metaphor involves "your mechanic get[ting] into a car accident because of faulty brakes" or "the cobbler's shoes," one clear idea is emerging from much of the coverage of Monitor's demise: there's precious little that tops the irony of a consulting firm going bust for want of the ability to deal with changing market... Read More >

How to Try Out a New Career

by Phil Stott  |  November 13, 2012

If only settling on a career path were as easy as shopping for clothes: you go into a few places, try on a bunch of items, and make a commitment to the pieces that fit your style and needs. The option of trying on a role for size is something that many of us wish was an option. The good news: while it'll never be as easy as walking into a department store, there are several different ways to give the job that might be the one of your dreams a try before you make a long term... Read More >

The Future of Work

by Phil Stott  |  October 25, 2012

If the past few years have taught us anything, it's that there's no such thing as a safe job. With industries turning over and innovations upsetting the established order on a regular basis, keeping ahead of the pack when it comes to employment can seem like an ever more difficult task. That's where Lynda Gratton comes in. A Professor at the London School of Business, Gratton is an expert in people development within organizations (she's written seven books on the subject, including her... Read More >

Career Update Newsletter

Tips and tools to help you manage your ideal career.