This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In 2021, researchers at MIT and McKinsey teamed up to ask more than 100 companies how they were using AI in their operations and to learn what separated the highest-performing companies from the rest. They conducted a similar survey in 2023 to see what had changed.
Epicflow serves engineering-driven companies in the following industries: manufacturing, aerospace and defense, automotive, telecommunications, software development, healthcare, and government institutions. It also facilitates the right resource allocation, contributes to seamless work on projects, and helps optimize project costs.
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.
Epicflow serves companies running multiple complex projects with a shared resource pool operating in the following industries: aerospace and defense, automotive, telecommunications, software development, telecommunications, healthcare as well as government institutions.
In 2020, the financial services industry had to put its crisis management plans into action. Most companies had to pivot without much notice, ensuring they could adjust to new rules regarding how organizations were (or weren’t) allowed to open and operate during the pandemic. appeared first on Clarity Consultants.
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. Solopreneurs who come from “name” firms like PwC or McKinsey can charge more than those who come from industry.
It takes practice to quote your consulting billing rate with confidence. Talk with other consultants, do a web search on typical management consulting rates in your city or state, and/or try converting your employee salary to an hourly rate. Is there already a consulting firm involved that you’ll be working with?
During the pandemic, the travel, leisure, and hospitality industries ground to a near halt. Many companies were not allowed to operate for several months, and even as reopenings move forward, many had their maximum capacities limited. appeared first on Clarity Consultants - Training Development.
This not only increases operational costs but also pulls HR and managers away from strategic activities. Unlike generic courses, custom eLearning development ensures that training content aligns with company values, job roles, and industry requirements. Enhance your onboarding with Clarity Consultants.
I know a consultant who is going to do some work designing a company’s program for high-potential employees. The consultant has talent but not much experience. Pricing consulting services is notoriously difficult, particularly for self-employed consultants. Dear Liz, I have a quick question. Can you ballpark this for me?
With thousands of management consultants applying to top MBA programs each year, consulting is one of the most overrepresented candidate pools, alongside finance. Entering class statistics at US M7 schools (2025) US M7 school Total class size (2025) % of consultants pre-MBA Is consulting the top pre-MBA industry?
During my undergraduate education, I was always mesmerized by the sessions run by the MBB consulting firms: McKinsey , BCG, and Bain. Having worked at a boutique consulting firm and a Big 4 firm, I always sensed that the MBB experience was distinct. Why choose an MBB consulting firm? Three main reasons.
For the ten years being in industry, Shannon Adkins was a buyer of consulting services and of multimillion-dollar contracts of consulting services. a management consulting firm that brings change management and operational transformation expertise to global enterprises in the life sciences, healthcare and technology industries.
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.
When people think of consultants, they tend to visualize professionally suited employees, degrees from the best schools, high pay-checks and fancy travel stories. Consulting though has many aspects – it’s not just about smooth talking. What are the different types of consultants? What value do consultants provide?
We’re continuing our Top 10 Consulting Firms series this week by focusing our expert eye on the Middle East. Ask any consultant about the Middle East, and Booz (now Strategy&) will be the first name on their lips! Currently, Strategy& does major public (read: government) consulting work outside the U.S.
In this short post, we will briefly explore how consulting firms work, the hierarchy within firms, the main types of firms, and a few ways to learn more about a particular firm as you chart your career path, prepare your applications, and get ready to matriculate into the consultingindustry. How do Consulting Firms Work?
A little patience and a lot of value are all it takes to prove your high-dollar consulting worth. Description: On this episode of the Consulting Success Podcast , I’m joined by Dauwn Parker. Prior to her work at Precision Partners, Dauwn worked for various consulting firms in customer relationship management software.
Custom eLearning development, guided by an experienced instructional design consultant, can help organizations integrate storytelling into their training programs. The combination of these strategies led to significant improvements in employee performance and operational efficiency, as the training was both targeted and highly engaging.
Guarantee Benefits for Consultants. So, can consultants benefit by offering a guarantee on their services? In a HBR article many years ago, Christopher Hart shared how BBBK was able to charge ten times more than its competitors and still maintain a disproportionally high market share in the areas where it was operating at the time.
Companies rely on Learning & Development (L&D) programs – especially eLearning – to stay competitive as industries change. L&D programs help organizations keep up with industry trends, adopt new technologies, and respond to changing market demands.
Here are some of the main ways I’ve seen consultants get briefed on projects. These structures help keep consultants focused on what matters and may help them avoid re-inventing the wheel. Management reports – Consultants often get reports normally directly accessible by the management teams. project tactics).
Speaking about the risk-bearing events affecting aerospace engineering projects, we can divide them into three groups: project management, engineering risks, and those that are typical for the aerospace and defense industry. Risks specific for the aerospace and defense industry. Let’s take a closer look at each of the groups. .
Prior to my current role, I spent many years in the traditional management consulting space. As I see it, the traditional segment of the management consultingindustry values MBAs primarily because it facilitates a plug-and-play kind of model where people are interchangeable and can start working on a broad swathe of business problems.
Have we got a treat for you today, as we highlight up-and-coming software consulting firm Bulger Partners. In fact, the firm is already beating out heavyweights such as McKinsey, Bain, and Parthenon-EY for strategy projects in the tech sector due to better industry specialty. BULGER PARTNERS. BULGER PARTNERS KEY STATS.
A little patience and a lot of value are all it takes to prove your high-dollar consulting worth. The Secret to Landing Six-Figure Consulting Projects with Dauwn Parker. I’m really excited to have you come on here, Dauwn, and just share with us your journey and experience along the consulting path. Dauwn, welcome.
Today, Brad Rex shares the real reasons why executives hire consultants and coaches. Tune in to hear Brad's incredible journey and get the real reasons why executives hire consultants. An industry visionary, Brad specializes in distressed and growth business opportunities.
Check out our selection of events for project/resource managers, business leaders, and industry professionals, which will provide you with valuable insights into recent trends and challenges, networking opportunities, and contribute to your professional development.
In the dynamic and competitive world of management consulting, standing out is essential. Embracing the ISO 20700 standard as a practitioner has become a significant differentiator, offering consultants a distinct competitive advantage. Enhancing Credibility and Trust In consulting, credibility is everything.
Have you ever wondered why someone would be attracted to consulting as a profession? Prior to Accenture offering me a position, one of my interviewers asked me “what attracted you to consulting?”. This is a common question in consulting interviews, and it is one that usually throws people off. In answering the “ why consulting?
Management consulting is an industry that offers assistance with this kind of high-level decision-making and problem-solving. Management Consultants help businesses make strategic decisions that directly impact the entire company. What is Management Consulting A lot of people ask me, “What is management consulting exactly?”It’s
In the dynamic and highly competitive world of management consulting, standing out is crucial. It’s not just another industry buzzword; it’s a game-changer for those looking to elevate their consulting services to new heights. For clients, choosing a consultant can often feel like navigating a maze.
Technology has revolutionized nearly every industry, and healthcare is no exception. Big Data Analytics The healthcare industry generates an enormous amount of data, from wearable devices, patient records, and clinical trial results. Similarly, wearable blood pressure monitors offer a convenient way to track and manage hypertension.
Re-opening processes are underway in many industries. Keep eLearning programs operating or use virtual participation methods – like video conferencing software – to allow employees to attend remotely if the need arises. If you want to partner with leading L&D professionals, Clarity Consultants is here. Contact us today.
In the fast-moving world of management consulting, delivering exceptional service is the cornerstone of success. These guidelines are more than just a set the foundation for the delivery of management consulting services. They are a transformative tool that can significantly enhance the quality of consultancy services.
Management consulting is a very young profession, especially when you compare it to professions like medicine and accounting. Consulting, on the other hand, started as a profession only in the late 1800s, and universities started teaching it some time later. Despite that, the whole industry is still very large.
Artificial intelligence (AI) is revolutionizing how many companies operate and handle various tasks. That’s why leading instructional design consultants leverage the technology, as it allows them to offer the best possible results to client organizations. Will AI Replace Instructional Design Consulting Firms?
Artificial intelligence has emerged as a powerful tool in transforming various industries, including renewable energy. Consulting firms play a crucial role in guiding businesses through the integration of AI-powered renewables into their operations.
While some companies may be very sophisticated in their approach with behavioral economics, the broader industry is barely conscious of the power of behavioral economics (perhaps Behavioral Economics World 0.2 Execution of the operating model could include building a behavioral team, outsourcing, augmenting, or partnering.
Description: JT Badiani is the founder of Focused Improvement Consulting, and his business has been built on the failures that he turned into his success. He has been in the consulting business for over four years, and has learned a few things along the way. The Road to Consulting.
One of the pleasures of being a Certified Management Consultant is to meet and collaborate with CMC peers from around the world. One such colleague is Altantuya Altankhuu (Tuya), currently the Chair of our management consulting Institute in Mongolia. Tuya has and has kindly allowed me to reprint the text of her speech here.
So, you want to start a consulting business? Or interested in taking your consulting business the next level? Most high-achieving professionals at some point in their career dream of ditching the pressure of the 70-hour workweeks and start a consulting business. Why Smart People Start Consulting Businesses.
Here is an article written by David Norman, Chair at The Consultants Peer Group (TCPG). David has created TCPG, a peer group for and about consultants only. David is a very experienced management consultant, currently on the national board of the Institute of Management Consultants in the USA. In the U.S. In the U.S.
We organize all of the trending information in your field so you don't have to. Join 55,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content