article thumbnail

How To Help Ensure Strategy Scorecards Don’t Fail You

Steve Shu Consulting

For many strategy engagements, a lot of attention is paid to the detailed analysis framework. For example, should a benchmarking framework be used? Regardless of strategy technique, one key output of these efforts is often a scorecard summary. Or will that framework lead us down a path of mediocrity? A scorecard is tangible.

Strategy& 236
article thumbnail

Evaluating ROI on Your Company’s Learning and Development Initiatives

Harvard Business

Leaders can use an approach called balanced benchmarking, borrowed from operations management, to conduct a needs assessment and apply training where it can be most effective. The author explains how this approach was applied at a firm in the legal services industry and offers five strategies for implementation.

ROI 242
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Figuring Out Your Billing Rate as an Independent Consultant

Successful Independent Consulting

Even if your pricing strategy is to use a fixed price or to use a hybrid approach (part fixed, part variable), use your base rate as the building block and to sanity check your package pricing. Other tips: Benchmark your rate to increase your confidence. Reassess your pricing strategy as your experience and confidence increase.

article thumbnail

Now Is the Best Time to Raise Your Rates

Successful Independent Consulting

Do some market-rate benchmarking to learn what other consultants are charging, or what clients are paying. Quote Your Consulting Billing Rate with Confidence Book: Name Your Price by Kate Dixon PICA members: Request access to the previously recorded workshop, "Billing Rates and Pricing Strategies for Solopreneurs" here.

Policies 195
article thumbnail

2020 Database Strategies and Contact Acquisition Survey Report

47% of marketers said they have a database management strategy in place, but there is room for significant improvement. As buyer expectations to receive this type of relevant engagement continues to heighten, database management strategies are of high importance. Database benchmarks for education and resource prioritization.

article thumbnail

Sustainable Supply Chains Reduce Environmental Footprint

Tom Spencer

In an era where environmental consciousness is increasingly becoming a priority, companies worldwide are rethinking their supply chain strategies to minimize their environmental footprint. Sourcing Eco-Friendly Materials One of the primary strategies for creating a sustainable supply chain is sourcing eco-friendly materials.

article thumbnail

How to Create an Effective L&D Strategy

Clarity Consultants

Here’s a look at how to create an effective L&D strategy that aligns with your goals. Identify Core Goals and Priorities Before you focus on developing an L&D strategy, it’s critical to determine what the program needs to accomplish. Identifying associated benchmarks to gauge the success of the program is also essential.

Strategy& 113
article thumbnail

The ABM Benchmark Survey

It’s clear there’s a maturity gap in ABM strategies, so how can marketers start closing it?