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Who decides what a song is worth? In this episode, Jenny Rae speaks with Prerna Rakheja – Managing Economist at Bates White – about the landmark Phonorecords IV case that set new streaming royalty rates.

For aspiring consultants, this conversation is a rare look inside economic consulting: how teams structure complex problems, build models that influence billion-dollar industries, and communicate insights to lawyers and judges.

Quick note: Bates White is hiring – see open roles at a firm known for its culture and impact.

Connect with Bates White:

• Explore current openings and apply to roles at Bates White
• Learn more about the work and culture at Bates White
• Learn more about the case – background on the Phonorecords IV royalty decision

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Amex just raised the annual fee on its Platinum card from $695 to $895 — a nearly 30 percent jump. 

In this episode of Market Outsiders, Jenny Rae and Namaan break down what’s behind the increase, why Amex believes customers won’t walk away, and how the move fits into a broader strategy to protect its premium brand.

We dig into questions like: 

• Who really cares about the fee hike? 
• Why didn’t Amex go even higher? 
• And what does this say about the future of credit card perks, co-branding, and the “status symbol” game?

Whether you’re a cardholder, a competitor, or just curious about how big financial decisions get made, this conversation reveals the business logic behind the headlines.

Related Episodes:

• Amex’s Profit Jump and the Credit Card Strategy Driving It (July 18, 2025)
• Chase Sapphire Reserve Fee Hike: Smart Strategy or Customer Risk? (June 17, 2025)

Get in Touch

Have thoughts on today’s episode? We’d love to hear them. Email us at [email protected]

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Consulting hiring is up 22% year over year — the biggest surge since before the pandemic. But there’s a catch.

In this episode of Strategy Simplified, Japheth breaks down 3 major shifts reshaping the consulting industry right now:

• The 22% hiring surge (and why entry-level roles are shrinking)
• How AI is transforming both client work and firm operations
• Why global performance is uneven, with some regions booming and others in decline

Download the full September 2025 Consulting Industry Report free for a deeper dive into the changes.

Links:

• Download the Industry Report (free)
• Currently working in consulting? Take this month's Sentiment Survey (5min)
• Unlock 1,000+ consulting jobs on the Management Consulted Job Board

Partner Links

• Stax is hiring! See open roles and requirements

• Listen to the Market Outsiders podcast, the new daily show with the Management Consulted team

Connect With Management Consulted

• Schedule free 15min consultation with the MC Team.
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Ram will cancel its all-electric pickup, raising questions about the EV market, the rise of hybrids, and what truck buyers really want. Was the plan ever realistic, or just peak EV hype?

Jenny Rae and Namaan break down the strategy shift at Stellantis — the parent company of Ram, Jeep, Chrysler, and Dodge — and why it matters. They also highlight:

• The risks of chasing trends
• The limits of EV infrastructure
• Why hybrids may be the more practical bridge for automakers
• Why doubling down on Ram’s strengths might be less flashy but far more sustainable

Links mentioned in the episode:

• CNBC: Ram cancels plans for all-electric pickup truck
• Learn more about Management Consulted's Corporate Training program

Get more Market Outsiders content in your life:

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• Join an upcoming live event - case interviews demos, expert panels, and more.
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Bain is doubling down on Canada. In this episode of Strategy Simplified, we sit down with Jed Fallis, Bain’s Managing Partner in Canada, to talk about the firm’s brand-new Montreal office.

Jed shares why Bain chose Montreal, which industries the office will focus on, and what kind of candidates the firm is looking for as it grows. 

Importantly, Bain is actively recruiting to staff the new Montreal office. If you’re considering consulting in Canada, now is the time to prepare your application and stand out in a competitive process.

Additional Resources:

• Explore open roles at Bain Montreal
• Learn more about the new Montreal office
• Unlock 1,000+ consulting jobs on the Management Consulted Job Board
• Get case interview ready with Black Belt

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• Schedule free 15min consultation with the MC Team.
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Jolie isn’t just selling showerheads — it’s turning your bathroom into a subscription business. In today’s episode, we break down how a simple product innovation paired with sharp marketing and a recurring revenue model is disrupting an overlooked category. 

From personalized water tests to DTC funnels that bypass big-box retail, Jolie shows how challenger brands are rewriting the rules of consumer products.

Links mentioned in the episode:

• Visit Jolie's site
• Learn more about Storytelling Training with Management Consulted
• Stay at Jenny Rae's winery

Join Market Outsiders live every weekday at 9:15AM ET on LinkedIn and YouTube.

• Subscribe to the Market Outsiders feed for daily episodes (Apple, Spotify).
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Connect With Management Consulted

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• Join an upcoming live event - case interviews demos, expert panels, and more.
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Want to land a consulting role in Canada? This episode walks you through everything you need to know about breaking into consulting in 2025.

We cover:

• The current Canadian consulting market and how it differs from the U.S. and U.K.
• 3 recruiting power moves you can apply immediately
• Key target schools, top firms, and the hiring timeline
• 2025 salary preview across McKinsey, Bain, BCG, and more

For the complete playbook, download Management Consulted’s 2025 Canada Recruitment Roadmap – free. 

It’s packed with firm-by-firm insights, deadlines, and strategies to help you land an offer in Toronto, Montreal, Vancouver, or Calgary.

Additional Resources:

• Review 2025 Canada consulting application deadlines
• Join Black Belt, an expert prep program that's helped hundreds land offers in Canada

Partner Links:

• Stax is hiring! See open roles and requirements

• Listen to the Market Outsiders podcast, the new daily show with the Management Consulted team

Connect With Management Consulted

• Schedule free 15min consultation with the MC Team.
• Watch the video version of the podcast on YouTube!
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• Join an upcoming live event - case interviews demos, expert panels, and more.
• Email us ([email protected]) with questions or feedback.

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In this episode of Market Outsiders, Namaan and Jenny Rae unpack the booming business of sports betting. 

From DraftKings to FanDuel, they examine how sportsbooks use aggressive advertising to acquire customers, the economics behind their business models, and the role of state regulations. 

The conversation also highlights the challenges of user retention and the untapped B2B opportunities shaping the future of online gambling.

Links:

• DraftKings quarterly results

Join Market Outsiders live every weekday at 9:15AM ET on LinkedIn and YouTube.

• Subscribe to the Market Outsiders feed for daily episodes (Apple, Spotify).
• Follow Management Consulted on LinkedIn and subscribe on YouTube
• Connect with Namaan and Jenny Rae on LinkedIn

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Connect With Management Consulted

• Schedule free 15min consultation with the MC Team.
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• Join an upcoming live event - case interviews demos, expert panels, and more.
• Email us ([email protected]) with questions or feedback.

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Building a strong case framework is the foundation of consulting interview success. But most candidates sabotage themselves with simple, avoidable mistakes. 

In this episode of Strategy Simplified, Jenny Rae breaks down the 4 most common framework errors and shows you exactly how to fix them.

You’ll learn how to:

• Avoid copy-pasting generic frameworks
• Take the right amount of time to build your structure
• Add specific, data-driven points
• Prioritize and present your framework like a pro

Mastering these skills will help you stand out in the competitive consulting recruiting process and increase your chances of landing the offer.

Additional Resources:

• Get case interview ready with Black Belt
• Read our Case Frameworks Guide

Partner Links:

• Stax is hiring! See open roles and requirements

• Listen to the Market Outsiders podcast, the new daily show with the Management Consulted team

Connect With Management Consulted

• Schedule free 15min consultation with the MC Team.
• Watch the video version of the podcast on YouTube!
• Follow us on LinkedIn, Instagram, and TikTok for the latest updates and industry insights!
• Join an upcoming live event - case interviews demos, expert panels, and more.
• Email us ([email protected]) with questions or feedback.

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Grant Thornton has announced it will acquire Stax, a leading strategy consulting firm serving private equity clients worldwide. What does this deal mean for the consulting industry and the future of PE-focused advisory?

In this episode, Jenny Rae sits down with Paul Edwards, Global Practice Lead at Stax, to unpack the acquisition. 

They discuss Stax’s growth journey, cultural DNA, and how the partnership with Grant Thornton will impact clients, consultants, and the broader market.

Resources:

• Read the official PR release
• Explore open roles at Stax
• Get case interview ready with Black Belt

• Listen to the Market Outsiders podcast, the new daily show with the Management Consulted team

Connect With Management Consulted

• Schedule free 15min consultation with the MC Team.
• Watch the video version of the podcast on YouTube!
• Follow us on LinkedIn, Instagram, and TikTok for the latest updates and industry insights!
• Join an upcoming live event - case interviews demos, expert panels, and more.
• Email us ([email protected]) with questions or feedback.