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

Vault's 2014 Consulting Rankings are Here!

by Phil Stott  |  August 20, 2013

Having spent much of the past few years under the same kind of financial stresses as its clients, there are signs that the consulting industry is getting back to being a growth industry. From firms launching new business units to a renewed focus on strategy work (with an accompanying turn away from turnaround and restructuring-related work), the outlook for the industry is turning positive-a fact that emerged in both the qualitative and the quantitative data from our industry survey this... Read More >

Is Business Outlook Improving?

by Phil Stott  |  August 12, 2013

As we get ever closer to the launch of the 2014 Vault Consulting Rankings-coming on August 20th-I've taken the opportunity to dive a little deeper into some of the data from the thousands of consultants who took our Consulting Survey in spring this year. While the qualitative data we glean from the surveys tells the story of what it's like to work for a specific firm-giving our audience an insider's perspective on life at these firms-there are also some great insights to take from the... Read More >

Do the PRISM Leaks Spell Trouble for the Consulting Industry?

by Phil Stott  |  June 11, 2013

If you're in the business of providing services that require your employees to hold security clearances, there are two things that you definitely don't want to happen: for a leak to come from one of your contractors; and for the leaker to come forward and draw attention to themselves and your company. Imagine, then, how Booz Allen Hamilton executives must have felt no more than ten seconds into the Guardian's video interview with Ed Snowden, the man behind the PRISM revelations that have... Read More >

Can a MOOC Boost Your Career? This One Can!

by Phil Stott  |  June 04, 2013

When it comes to career advice, here at Vault we've always been of the belief that the best people to dispense it are those that have lived it. Thus: when we release our rankings of law, finance, accounting and consulting firms, all of the opinions in the firm profiles belong to verified, practicing employees of those firms-something that we spend a lot of time and energy to get.   In that spirit, earlier this year I decided to try out one of the tools that we've recommended here for... Read More >

Is the Future of Professional Education Here?

by Phil Stott  |  May 20, 2013

It's felt for a while like we're on the verge of a major step forward in how education is designed and delivered to students-and it seems like the MOOC (Massive Open Online Course) may well be the future we've been waiting for.   More specifically, Georgia Institute of Technology has partnered with Udacity, an online education platform, and AT&T to deliver a masters in computer science that will be available online for just $7,000-less than a fifth of the cost of taking the course on... Read More >

How to Win: Career Lessons from Soccer's Greatest Manager

by Phil Stott  |  May 14, 2013

It's a mark of how much times and interests have changed that news of the retirement of Sir Alex Ferguson from the manager's job at Manchester United made it into mainstream U.S. media last week. At the start of his managerial career, Ferguson leaving a job would barely have created a stir in the neighboring town in his native Scotland, while the American audience for his version of "football" barely registered on the scale. But after a managerial career spanning more than three... Read More >

Stop Multitasking, Start Working

by Phil Stott  |  May 07, 2013

A few years back, one of the resume buzz phrases du jour involved describing yourself with some variation of the following: "good/great/strong/effective multitasker." It had all the hallmarks of a great catchphrase-it sounded fresh and exciting, it conveyed a sense of its user as someone with their finger on the pulse, it had very few negative connotations, and it seemed to cover a lot of ground without actually saying anything at all. (Really: it can just as easily mean "capable of... Read More >

Why Good People Can't Find Jobs -- What You're Up Against

by Phil Stott  |  April 29, 2013

There's a serious disconnect between companies and potential employees in the United States-one that may be holding our entire economy back. And, contrary to the conventional wisdom, it's a problem that has been caused-and can only be cured by-companies. So says Peter Cappelli in his 2012 book Why Good People Can't Get Jobs.  In Cappelli's view of the state of the modern employment landscape, there are several issues preventing companies from finding the talent they need-and none of them... Read More >

4 Tips for Beating the Curse of Long Term Unemployment

by Phil Stott  |  April 16, 2013

If you're out of work, there's one major factor that can predict how successful you're likely to be in your job hunt: the length of time since you last held a job-with an almost mystical dividing line setting in at the six month period. A recent article in the Atlantic reported on a study that examined the callback rates to interviews for a set of fake resumes where the only major difference was the duration since the "candidate" had become unemployed. Here's the article's author, Matthew... Read More >

Career Advice from the Most Highlighted Books of All Time

by Phil Stott  |  April 08, 2013

Did you know that Amazon keeps track of all the highlights that you make on your Kindle? And that it can count up all the individual highlights to create a list that gives us a snapshot of the things in books that people respond to; things they deem to be so important, so profound, so well-written, so beautiful, that they want to mark it, to have a record that they can revisit over and over? Well, they do.  So what kind of things are on the list? This is probably the point where many will... Read More >

Career Update Newsletter

Tips and tools to help you manage your ideal career.