LSA Global

JANUARY 6, 2025

Highlighting trends, benchmarks, and potential challenges reinforces the business case for change and bolsters trust. Clear Communication and Storytelling Strategic trust erodes when stakeholders sense hidden agendas or incomplete information. Are you using data to challenge and align your strategic assumptions?

Research 67

Research Analysis Strategy Strategy 67

Successful Independent Consulting

DECEMBER 13, 2020

With the new year just around the corner, now is an excellent time to inform your clients. Do some market-rate benchmarking to learn what other consultants are charging, or what clients are paying. The easiest time to raise your rate is on the cusp of something new — a new year, a new project, a new client. for year three.

Consulting 221

Consulting Policies Benchmarking Examples 221

Harvard Business

OCTOBER 17, 2018

” When leaders have even small amounts of data, it can be easy to assume they know enough to make aggressive decisions, all based on information with sources they don’t control or fully understand. It can create a relative “pound for pound” benchmark for each individual location of a business, anywhere in the world.

Data 129

Data Benchmarking Financial Efficiency 129

Harvard Business

MAY 17, 2018

The diversity of local accounting rules precluded perfect standardization, and the geographic dispersion of the teams made it hard for the transformation group to gather information the way they normally would — in conversation.

Culture 140

Culture Strategy Strategy Strategy& 140

Successful Independent Consulting

SEPTEMBER 16, 2017

Benchmark so you know your rate is reasonable. Although rate information is a closely guarded secret, based on my 20 years in the industry here are very rough ballpark numbers for “management consulting” (not IT consulting, project management, training development, etc.). There are lots of ways to do this.

Consulting 236

Consulting Real Estate Policies Operations 236

Markovitz Consulting

SEPTEMBER 26, 2017

Even seemingly random work such as incoming customer service calls can usually be broken down into discrete categories that can be addressed—for example, 25% of incoming customer calls might be related to shipping information, or questions about invoices. Do people ever put incorrect shipping information into a warranty claim?

Engineering 133

Engineering Benchmarking Meeting Case Study 133

Harvard Business

OCTOBER 11, 2018

Roles that require producing analytical information demand analytically-savvy workers, while roles that involve interpreting and working with analytical information require analytically-willing workers. A good benchmark for this would be 60 hours per year, the average at IBM. Hiring for analytical capability.

Data 131

Data Development How To Culture 131

Successful Independent Consulting

DECEMBER 12, 2022

With the new year just around the corner, now is the time to inform your clients that your rates will be going up next year. Do some market-rate benchmarking to learn what other consultants are charging, or what clients are paying. Seems like a good excuse to raise your rates, and now is the perfect time. for year three.

Policies 195

Policies Benchmarking Examples Consulting 195

Successful Independent Consulting

NOVEMBER 26, 2021

With the new year just around the corner, now is an excellent time to inform your clients. Do some market-rate benchmarking to learn what other consultants are charging, or what clients are paying. The easiest time to raise your rate is on the cusp of something new — a new year, a new project, a new client. for year three.

Policies 195

Policies Benchmarking Examples Banking 195

Harvard Business

JUNE 7, 2017

But those that still manually check what rivals are charging can require as much as a week to gather the same information. One traditional insurer, for instance, shifted from updating its quotes every several days to every 15 minutes by simply automating the processes that collect benchmark pricing data.

Company 134

Company Telecommunications Data Retail 134

Tom Spencer

JUNE 13, 2021

This post will provide you with a guide to creating and perfecting typical slides used to present information in a business context, whether you are a student preparing for a case competition, a fresh consultant who just graduated, or a project manager who has to constantly deliver milestones and progress reports to multiple stakeholders.

Benchmarking 88

Benchmarking Case Interview Groups Analysis 88

Harvard Business

MARCH 24, 2017

This time, the firm ranked in the top quartile of all companies and handily beat our benchmark. In the chart below, one can see this particular organization’s happiness trend is around the overall benchmark and industry average. Afterward, management re-asked the staff to rate the company’s transparency.

Culture 133

Culture Benchmarking Company Sales 133

Women in Consulting

MAY 21, 2019

As solo practitioners and entrepreneurs, often we have limited access to relevant benchmarking resources. Without violating any price-fixing laws, the Best Practices Survey lets us benchmark our success against our peers. My clients are happier too since I can use my virtual assistant for administrative tasks on their business as well.

Benchmarking 67

Benchmarking Survey Case Study Case Studies 67

Harvard Business

APRIL 19, 2018

” And despite the repeated mantra about “data-driven,” there is contradictory advice about which content-marketing benchmarks indicate success as well as many blithe assertions about best practices in this area. Conversely, many sellers need to share lots of information with prospects to motivate desired buyer behavior.

Marketing 133

Marketing Case Study Case Studies Sales 133

MishTalk

MARCH 10, 2014

Securities and Exchange Commission is investigating whether traders distorted prices for options and exchange-traded funds by rigging benchmark currency rates, according to two people with knowledge of the matter, Bloomberg News reported today. trillion-a-day foreign-exchange market. London fix were being manipulated. estimates is around $3.6

Banking 73

Banking Benchmarking Culture Marketing 73

Harvard Business

MAY 16, 2018

Just as Yelp can shed light on local economic changes, Zillow could inform our understanding of housing markets, LinkedIn could provide insight about labor markets, and Glassdoor could teach us about the quality of employment options in an area. If your data doesn’t match existing benchmarks, then you have to understand why.

Data 71

Data Company Benchmarking Real Estate 71

Tom Spencer

MARCH 8, 2024

Instead, it depends on valuable information collected from suppliers and customers and evolving market dynamics. Since information flows freely in this type of market, individual companies have no power to raise prices without losing their customers. Pricing strategy is not one-size-fits-all.

Productivity 158

Productivity Sales Strategy Strategy 158

Tom Spencer

OCTOBER 3, 2011

Alpha is a leading global provider of consulting, benchmarking and implementation services to financial institutions with a particular focus on the asset and wealth management industries and the companies that service them. Founded in 2003, Alpha Financial Markets Consulting is based in the UK and also has offices in Luxembourg, Paris and NY.

BearingPoint 99

BearingPoint Capgemini Strategy Strategy 99

Harvard Business

APRIL 24, 2017

The second dimension of the political landscape is the extent to which the source of power is soft (informal) or hard (formal). In this quadrant, personal influence and informal networks rule. As a result, an informal group regularly met to cover up his mishandling of situations. It can be a good thing.

Guidelines 134

Guidelines Advertising Groups Examples 134

Epicflow

MARCH 22, 2024

Without project data, risk analysis and management are impossible, because any of the available risk management tools in project management won’t ever bring any positive outcomes without at least basic information about the projects. Effective interaction and information sharing are a cornerstone of efficient risk management.

Data 130

Data Risk Analysis Management Analysis 130

Tom Spencer

MAY 31, 2012

Nous service lines include business strategy, public policy, leadership & people development, organisational capability, and information management & technology. Services offered include complexity management, enterprise transformation, operations, procurement solutions, strategic information technology, strategy and sustainability.

Oliver Wyman 122

Oliver Wyman Strategy Strategy Strategy& 122

Harvard Business

DECEMBER 10, 2018

This bit of information may influence who employers pick. But the comparison at least provides a benchmark. Résumés attach a place to a person, and addresses indirectly tell employers something about the applicant’s neighbors, commute, income level, and preferences for neighborhood amenities.

Research 132

Research Transportation Management Benchmarking 132

Harvard Business

FEBRUARY 13, 2017

Little opportunity to redirect when new information was found. And, often, senior executives so besotted with the project that they simply refused to take in information that might have called its direction into question,” McGrath explains. ” Step 2: Do benchmarking. Linear plans. Too much funding up front.

Benchmarking 106

Benchmarking Methodologies Company Apparel 106

Harvard Business

MARCH 21, 2017

Specifically, does better air influence a worker’s ability to process information, make strategic decisions, and respond to crises? The results showed the biggest improvements in areas that tested how workers used information to make strategic decisions and how they plan, stay prepared, and strategize during crises.

Productivity 131

Productivity Research Chemicals Energy 131

Epicflow

SEPTEMBER 19, 2022

Project information is analyzed and used for business decisions’ optimization. . The Portfolio, Program and Project Management Maturity Model provides organizations with a framework to assess and benchmark the state of their performance as well as helps them develop improvement plans. Level #5: Optimizing process. .

Management 130

Management Metrics Resources Efficiency 130

Harvard Business

JUNE 30, 2016

In order to succeed, employees need clear information from their managers that goes beyond day-to-day execution. He recognized that without her valuable committee work, consensus building, and emphasis on teamwork, her division would not have reached several specific benchmarks last quarter. Map out a clear path to promotion.

Talent 124

Talent Leadership Benchmarking Research 124

Harvard Business

MAY 1, 2017

Going to work at a startup has perks — from an informal atmosphere to faster on-the-job learning and more autonomy — but there are downsides, too. It’s also going to be a lot harder to benchmark the offer they give you against salaries at other firms. In fact, according to a 2016 survey by Accenture, only 14% of U.S.

Culture 134

Culture Financial Accenture Benchmarking 134

Harvard Business

SEPTEMBER 11, 2014

There’s a similar assumption underlying much of the discussion around how to measure the return on marketing investment, where it seems to be tacitly accepted that attitudinal insights are insufficient at senior decision-making levels, and behavioral insights represent today’s benchmarks. This is actually a cop-out.

Survey 71

Survey Pharmaceuticals Benchmarking ROI 71

PM Alliance

SEPTEMBER 9, 2022

With a project management methodology that emphasizes the development of well-informed task duration information, you already have data within your organization that could help trim costs, streamline resource management, and shift your continuous improvement efforts into overdrive.

Data 73

Data Methodologies Training Training 73

Tom Spencer

MAY 3, 2024

This is your informed perspective on the root cause of the problem. You can use various methods to collect data, such as interviews, surveys, observations, documents, and benchmarks. This could include market uncertainties or internal inefficiencies. It’s important to craft a hypothesis that is testable.

Consulting 88

Consulting Analysis Data Benchmarking 88

Brimstone Consulting

AUGUST 16, 2021

But such approaches don’t optimize business performance, innovation, or engagement, because they are blind to the informal networks through which collaborative work happens.”. Source: Optimizing Return-to-Office Strategies With Organizational Network Analysis, Sloan Management Review.

Culture 97

Culture Benchmarking Analysis Research 97

LSA Global

JULY 18, 2024

Confirmation Bias Confirmation bias occurs when we favor information that confirms our preconceptions and disregard evidence to the contrary. ” Anchoring Bias Anchoring refers to relying too heavily on the first piece of information encountered (the “anchor”) when making decisions. It can also lead to complacency.

Data 69

Data Benchmarking Analysis Agile 69

Tom Spencer

AUGUST 6, 2016

If a consultant is falling short, they will normally have opportunities to talk to their manager about areas for improvement and benchmarks to measure progress. For more information on the management consulting industry, download “ The HUB’s Guide to Management Consulting “ ].

Policies 60

Policies Benchmarking Consulting Talent 60

Harvard Business

MARCH 13, 2018

Having previously worked with Doug in another role, Dan trusted Doug not to hold or use the information against him. Dan recognized that his mistakes didn’t define his capabilities as a leader. He also recognized that Doug was a like-minded colleague and respected his performance.

Operations 126

Operations Exercises Conference System 126

Tom Spencer

AUGUST 18, 2023

By implementing digital platforms that facilitate communication and information sharing, this can streamline governance processes, making them more adaptable and responsive to change. As a result, critical information can become trapped within individual silos, inhibiting collaboration and hindering informed decision-making.

Government 78

Government Agile Data Culture 78

Harvard Business

JANUARY 31, 2017

Data can be aggregated to benchmark a customer’s operations, suggest performance improvements, and help the customer capture greater value through energy and water savings, increased product performance. more likely to inform product design by capturing data on how their products are used. Product Creation and Delivery.

Company 70

Company Operations Data Benchmarking 70

Tom Spencer

JULY 11, 2021

The more you learn the better you become at acquiring new information. The rule of thumb that I use to help me decide what to focus on is that the new information, knowledge, or skill must have an immediate impact in the present as well as the potential to compound in the future. Knowledge acquisition has compounding effects.

Benchmarking 88

Benchmarking Resources Advertising Banking 88