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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. 

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All Posts by Phil Stott

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 >

Is Technology Ruining the Workplace?

by Phil Stott  |  October 12, 2012

Sherry Turkle wants you to put down that phone, step away from that screen, and do something that is becoming a lost art in the workplace: have a conversation with your colleagues. Turkle-an MIT professor and author of the book Alone Together-thinks we've come to a point where we need to "reclaim conversation" if we're to solve one of the biggest problems we face in business today: overcoming "technology's pull" to lead more productive, more balanced lives. On stage at the recent World... Read More >

The Vault Tech Consulting Rankings Are Here!

by Phil Stott  |  September 27, 2012

From helping major organizations implement cloud-based data storage solutions to working on software to ensure that the government can keep running, tech consultants perform some of the most vital work in the economy today-and for very little recognition. While those with strong tech skills have remained in demand throughout the recession and on into the recovery, it's an industry whose stability is often overstated-at least from an employee's perspective. To be a tech consultant... Read More >

The 2013 Vault Consulting Rankings Are Here!

by Phil Stott  |  August 27, 2012

It's that time of year again. The consultants have spoken, and their votes have been tallied: The 2013 Vault Consulting Rankings are here!  In this year's edition, Bain and Co. emerged as the Best Firm to Work For in our Consulting 50 ranking, while McKinsey held onto its perennial position as our Most Prestigious Firm. In our Quality of Life rankings, Bain placed first in 12 of the 26 categories, while McKinsey dominated the practice area rankings, taking the number one spot in five out... Read More >

Attracting Recruiters: Lessons from Sun Tzu

by Phil Stott  |  July 02, 2012

"If you know the enemy and know yourself, you need not fear the result of a hundred battles.If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle." - Sun Tzu, The Art of War. Okay, so Sun Tzu might be a little dramatic as inspiration for the average job search, but bear with me a little here. The longer a job search goes on, the more it becomes like an entrenched battle.... Read More >

Attention Millennials: The Most Important Thing You Can Do For Your Career

by Phil Stott  |  June 04, 2012

It's a tough time to be a young person thinking about a career. On one side, you've got a lousy job market that guarantees success for no one. On another, you're being assailed by talking heads pontificating that you've got no chance of making it any, what being among the most entitled, skill-lacking bunch to ever darken your nation's colleges. And let's not even get into the ways that technology is upending the marketplace-once you start worrying about your entire career field being... Read More >

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