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Figuring Out Your Billing Rate as an Independent Consultant

Successful Independent Consulting

Factors that Impact Your Base Rate The 2x-3x estimate will give you a rough idea, but tweak your numbers up or down based on the following factors: Pedigree: Did you learn your craft at a consulting firm with formal training, such as Deloitte or Bain & Company? Other tips: Benchmark your rate to increase your confidence.

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J. Jeff Kober’s Insider Secrets Behind Disney’s Performance Excellence

Consulting Matters

Jeff is the President of Performance Journeys, a training and development group devoted to improving performance and learning in the workplace. He is also CEO of World Class Benchmarking, where he provides a programming series that benchmarks many of America's greatest organizations, such as Nordstrom, Ritz-Carlton, and Disney.

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Maximizing Impact: How to Measure Training Effectiveness and ROI

Clarity Consultants

In order to remain competitive, organizations are placing greater emphasis on investing in the ongoing training and development of their employees. However, with these investments comes the critical need to measure the effectiveness of the training programs and the return on investment (ROI) they deliver.

ROI 59
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Management Consulting versus Investment Banking

Management Consulted

Managers rarely yell, coworkers try to help each other out whenever possible, and companies are organized to provide consultants support with training, expertise, etc. Call me biased, but I received the best years of business training possible in my time at McKinsey. This attitude permeates all interactions. 3 SKILL DEVELOPMENT.

Banking 272
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Quote Your Consulting Billing Rate with Confidence

Successful Independent Consulting

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.

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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. Historically, the challenge with implementing learning and development programs has been the difficulty in quantifying the impacts on organizational performance.

ROI 89
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Is Your Staff Cross-Trained?

Peter Stark

With the pandemic, it brought out a need more than ever for employees to be cross trained with employees working in remote, in office, in quarantine, or out sick. Organizations in Peter Barron Stark Companies’ Best of the Best Benchmark are consistently rated higher in the competencies of cross-departmental teamwork.