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The Pros and Cons of Subcontracting Basically, subcontracting is about working through intermediaries such as agencies, consulting firms, or online platforms to connect you with client projects. Agencies (and boutique consulting firms) typically involve human intermediaries who actively match consultants with projects.
Most consultants tend to use an hourly rate anyway, because it’s the easiest to figure out, there’s less risk of undercharging, and it’s what most clients are used to. Do an internet search such as “typical hourly rate for change management consultant in [your location].”
If you tell people you are a consultant, many of them will not understand that you are an independent professional in business for yourself. Many people who call themselves consultants are employees of large global firms like Accenture, and others perform temporary assignments through a staffing agency. We are our own boss.
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Today we highlight Kalypso, a young but emerging player in the consulting market. Co-founded in 2004 by ex-Deloitte partners George Young and Bill Poston, and (randomly) headquartered in Cleveland, Ohio, Kalypso’s main mandate is to help firms expand their innovation capabilities. IntellectualProperty (IP) Management.
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