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Now Is the Best Time to Raise Your Rates

Successful Independent Consulting

For example, if your rate is now $150 an hour, what do you think is a logical next step? In my example of $150 hourly, a 5% annual increase works out to $157.50 Do some market-rate benchmarking to learn what other consultants are charging, or what clients are paying. Instead, I suggest triangulating on a rate that seems fair.

Policies 195
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How To Help Ensure Strategy Scorecards Don’t Fail You

Steve Shu Consulting

For example, should a benchmarking framework be used? While the scorecard is important, it’s important to not lose sight of how a scorecard is developed and what the scorecard could mean for your organization. Falling short on involving a broad part of the organization in the assessment & strategy development process.

Strategy 236
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How and When to Raise Your Consulting Rate

Successful Independent Consulting

For example, if your rate is now $150 an hour, what do you think is a logical next step? In my example of $150 hourly, a 5% annual increase works out to $157.50 Third, do some market-rate benchmarking to learn what other consultants are charging, or what clients are paying. Look at several different numbers and then decide.

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Sustainable Supply Chains Reduce Environmental Footprint

Tom Spencer

For example, Adidas has launched initiatives to produce shoes from ocean plastic waste , turning a pollutant into a valuable consumer product. For example, Unilever is working towards making all of its plastic packaging recyclable, reusable, or compostable by 2030. Utilizing recycled materials is another effective strategy.

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How B2B Software Vendors Can Help Their Customers Benchmark

Harvard Business

Mainstream software companies are beginning to hold “ data mirrors ” up to their customers, allowing scoring and benchmarking of their customers’ strategies. SAP, for example, has data on a variety of transactional domains, from customer orders to vacation balances.

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Now Is the Perfect Time to Raise Your Consulting Billing Rate

Successful Independent Consulting

For example, if your rate is now $150 an hour, what do you think is a logical next step? In my example of $150 hourly, a 5% annual increase works out to $157.50 Do some market-rate benchmarking to learn what other consultants are charging, or what clients are paying. Instead, I suggest triangulating on a rate that seems fair.

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Your Company Needs a More-Radical Board of Directors

Harvard Business

And second, they need to ensure that – even with respect to strategy and operations – board scrutiny doesn’t result in an over-emphasis on conforming to benchmarks and industry norms. I’m not against benchmarking and norming. Letting your ETR slip to the benchmark could risk your customers’ trust.

Company 126