Fri.Nov 24, 2023

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The Problem With A Consulting Hourly Rate (And What To Do Instead)

Consulting Success

If you’re using a consulting hourly rate for your services, you likely could be making 3-5x as much — for the same services. In our 2023 Consulting Fees Study, we learned that 29% of consultants use an hourly rate. That means it’s the 2nd most popular pricing strategy for consultants. However, after spending over 13.

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Can GenAI Do Strategy?

Harvard Business

This article presents a classroom experiment that compared a strategy developed by a team of MBA students in the traditional way with one developed using a virtual AI assistant, which was an interactive tool that linked a tried-and-tested strategy toolkit as a plug-in to the generative AI underlying Chat GPT. The results of the two independent processes were largely similar, with the AI-assisted strategy being, if anything, more original.

Strategy& 101
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Types of Consultants – Engineering and Scientific Consulting

Tom Spencer

Consulting is a wide field of work. If your job description involves providing a service to a client utilizing your skill set and time, then you are probably a consultant of some kind. If you have read some of the blogs on this website, you have probably come across many that describe life and work […] The post Types of Consultants – Engineering and Scientific Consulting first appeared on Tom Spencer.

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60 Seconds of Johanna’s WIP, Nov 24, 2023

Johanna Rothman

I'm a little slow this week, but I made it! If you celebrate Thanksgiving, I hope your day was lovely. Now, for the WIP: The transcription: I’m Johanna Rothman, and this is 60 Seconds of Johanna’s WIP for November 24, 2023, where I read an excerpt of just a minute of some writing in progress. This excerpt is from a short story I started this morning, tentatively titled, Nana Nerds.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Beyond Consulting: Accelerating Your Professional Career

Tom Spencer

Individuals looking to fast-track their careers frequently find themselves lured by the exciting world of consulting in today’s fast-paced and constantly evolving business environment. Beyond the veneer of prestige and a lucrative 6-figure salary, however, lies a highly intense and competitive industry, leading naturally to a high turnover rate as many choose to exit this […] The post Beyond Consulting: Accelerating Your Professional Career first appeared on Tom Spencer.

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Kai’s Black Friday/Cyber Monday Deals Are Live ?

Kai Davis

Welcome to Black Friday 2023 ? Happy Holidays, my friend. I hope you are having a delightful day. Your inbox is full, so I’ll get to the point fast. I have two Black Friday/Cyber Monday special offers for you. Three important details first: Your discounts are automatically applied at checkout. You don’t need to use a coupon code. Purchase parity discounts are enabled.

Video 40
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5 Pillars for Democratizing Data at Your Organization

Harvard Business

Many companies have made becoming data-driven a goal, and yet many traditional organizations are still struggling to democratize data beyond the data experts. The authors state that companies must adopt a new management paradigm to truly democratize data, and offer 5 pillars to create a “data democracy”: 1) Broaden data access by rolling-out data catalogs and marketplaces, 2) stimulate the generation of data-driven insights through self-service, 3) level up data literacy with specific curricula

Data 101