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You, the consultant, want to earn more money in your consulting practice. You might be familiar with the principles of value-based pricing — but for whatever reason, you’re not applying the principles in your business. Here’s the truth — you could be earning far more by implementing value-based pricing. If you’re not charging based on value and the ROI you are delivering, chances are that you’re severely undercharging.
I recently flew on a flight from San Diego to Atlanta. The person sitting next to me spent the first two hours of our flight complaining about his company, his boss, his direct reports, his peers and even his wife and kids. Two hours of listening to how bad everything in this guy’s life really was made me want to get off the plane mid-flight. I finally asked this guy, “If you are not happy…why don’t you find a new job?
By Ken Lizotte CMC. As part of his ongoing column in Money Inc. It’s 8 PM and everyone has left the building except the guy at the top, Steve, CEO of a mid-size manufacturing firm. For months now, Steve has been struggling over cash-flow problems with no solution in sight. Coming up with each new payroll has been terrifying him more and more as each deadline demands yet another inventive solution for meeting that period’s payday.
What do you think about raising your consulting firm’s fees 30% or 50% or 100% or more? Does a little voice in your head protest, “No way! No one’s going to pay <insert number> an hour for a consultant”? We’re going to name that little voice and give you an alternative. The dissenting voice in … Continued. The post A Two-Step Process for Raising Your Consulting Firm’s Rates appeared first on David A.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
If you want to make sure that the L&D candidate you are interviewing genuinely ticks all of the boxes, here are the six P’s that you simply must cover during your meeting. The post The 6 P’s of Interviewing Top L&D Candidates appeared first on Clarity Consultants - Training Development.
One of the great benefits of the 2 Second Lean approach to lean is the way that it gets everyone engaged in kaizen with simple improvements. The genius of Paul Akers’ approach is the low barrier to entry for workers. But as I’ve written about before , the problem with 2 Second Lean is the high barrier to entry for leadership. If leaders aren’t completely, continuously, and passionately involved as improvers and cheerleaders, it just doesn’t work.
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One of the great benefits of the 2 Second Lean approach to lean is the way that it gets everyone engaged in kaizen with simple improvements. The genius of Paul Akers’ approach is the low barrier to entry for workers. But as I’ve written about before , the problem with 2 Second Lean is the high barrier to entry for leadership. If leaders aren’t completely, continuously, and passionately involved as improvers and cheerleaders, it just doesn’t work.
“My one job here is to create enough value. Hopefully, they’ll ask me to stick around and do some more work.” That was the statement conversation expert Rob Kendall made about during the early days of his career. Rob’s biggest challenge was the way he communicated with people. For his own self-development, he started to do some work that was focused on the whole area of communication.
Youngme, Felix, and Mihir debate Medicare for All and ask whether the U.S. healthcare system is broken. They then offer quick takes on everything from Amazon’s latest HQ2 news, Alexandria Ocasio-Cortez’s influence, Marie Kondo, the toy industry, Spotify’s aggressive push into podcasting, and more!
Bridge to BCG, McKinsey Insight, Bain AIC Overview Attention Advanced Degree Candidates! Yes, that means you PhDs, JDs, and MDs – Bridge to BCG, McKinsey Insight, and Bain AIC application 2019 deadlines are now published! What are Bridge to BCG, … Continue Reading. The post Bridge to BCG, McKinsey Insight, Bain AIC 2019 application deadlines appeared first on Management Consulted.
How do you know if you’re doing well at the consulting game? Revenue? Client feedback? Those are okay metrics; however, if you look around your office you’ll find a better clue. Somewhere nearby, you probably have a stack of business cards from people you met at conference or trade show or similar event. Who’s In … Continued. The post How to Know if You’re Successful at Consulting appeared first on David A.
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.
Maintaining a positive work environment is a big part of keeping employees happy and satisfied while at work. However, what it takes to do that goes far beyond simply having a good attitude. If you want to learn more about positivity and its impact on retention, here’s what you need to know. The post Positivity and Its Impact on Employee Retention appeared first on Clarity Consultants - Training Development.
In 2014, The Greening of Detroit (TGD), an environmental non-profit, was pushing hard to reforest the city after years of neglect. To their surprise, the tree planters faced stiff resistance—about 25% of the 7,500 homeowners they approached rejected the opportunity to have a free tree planted in front of their houses. Residents weren’t stupid—they understood that the trees provided more shade, better air quality, and increased property values—but they still elected not to have trees planted for
Procurement professionals struggle reputationally sometimes with a lot of folks in the business bypassing them, trying to avoid procurement. Philip Ideson helps procurement professionals become a little bit more impactful and think about how to go beyond the process so they can bring value to their organizations. Philip owns CatalystCo and hosts a podcast called The Art of Procurement where he helps procurement professionals elevate the role of their teams.
Mastering data visualization in PowerPoint will help accelerate your career because it positions you as someone who can present data that drives business decisions forward. think-cell's PowerPoint Best Practices eBook was created specifically for professionals aiming to master the art and science of data-driven storytelling. What’s inside: Practical Insights: Uncover valuable tips for crafting engaging and persuasive presentations.
In recent years, players in the healthcare industry have strived to create more effective systems in order to improve overall patient outcomes. Traditional ‘fee-for-service’ business models have seen America spend more on healthcare than any other nation and are no longer producing the results that patients need. How to break out of the old model? Leaders in the field have considered a variety of solutions, but the most prominent model is vertical integration , which is where one company takes c
Your consulting firm’s clients are wired to notice certain things. That’s because they’re human. Let’s take advantage of that wiring to help your consulting firm win more projects and create happier clients. Consulting clients want results. That’s pretty obvious, right? But what do results look like, and what should you make them look like in … Continued.
Employee reviews are common in nearly every business. They allow managers to assess a team member’s performance, provide guidance to help them excel, and even reward them for exceeding expectations. By flipping your review process, you create an opportunity for a win-win. Not only can your team express themselves openly, making them feel heard and valued, but you also have a chance to improve the business at every level.
“Disruption” has become another business buzzword that obviates the need for prudent, careful thought and consideration. If something is “disruptive,” then it must by definition be good. But when it comes to internal operations at least, disruption is often both bad for business and for employees, because it causes unevenness in work. Last week , I wrote about how kaizen events can disrupt daily operations and overburden employees.
Savings Consultants are needed in today’s market more than ever. With an increase in expenses, businesses are looking for opportunities to save. Often unknown to businesses are savings in expense reduction, specialized tax savings, specialized savings including medical underpayments, health benefits cost reduction, zero cost processing, and more. Blue Coast Savings, with over 20 years in business, assists Savings Consultants in helping these companies move toward more profitable businesses.
When you get a good client and it’s a big engagement which is going to go on for a while, what happens is that your ability to deliver as well as run the business starts to eat away at you. At some point, you realize that you’re going to have to include other people in the game. Otherwise, you’re going to kill yourself. The interview process then starts and you have figure out who you’re going.
When fortunate enough to have more than one consulting offer, a common sentiment is to go for the firm that is more prestigious or pays the most (oftentimes those go hand and hand). However, I always recommend that anyone who gets more than one consulting offer should think beyond prestige and pay. It is wise to take stock of what they value to see what consulting offers to more holistically match their life interests.
Mentally transport yourself back in time 50 years to Princeton, New Jersey; a sleepy, college town that’s fertile ground for consulting firms. It’s easy to imagine yourself and a few colleagues walking off a satisfying, business lunch along the town’s shopping district. You’re soaking in the crisp, spring sunshine, when the bucolic sound of birds … Continued.
This White Paper targets opportunities for Management to develop proficiency in the Decision Framing and Analyses element of input to Decision, & Risk Analyses for Major Project Funding Decisions.
Ultimately, companies can’t afford to forgo training if they want to remain competitive. However, it isn’t always easy to see the ROI from the investment. If you want to know how investing in your company’s learning process can improve project ROIs, here’s what you need to know. The post Invest in Your Company’s Learning Process for Better Project ROI appeared first on Clarity Consultants - Training Development.
In 2014, The Greening of Detroit (TGD), an environmental non-profit, was pushing hard to reforest the city after years of neglect. To their surprise, the tree planters faced stiff resistance—about 25% of the 7,500 homeowners they approached rejected the opportunity to have a free tree planted in front of their houses. Residents weren’t stupid—they understood that the trees provided more shade, better air quality, and increased property values—but they still elected not to have trees planted for
Bringing a wealth of experience and expertise to how you can master non-profit consulting is Douglas Nelson, managing director for the Discovery Group. Douglas shares the value of consistent action when it comes to getting organizations govern themselves better, to work together, and to have that alignment across. Taking us to his own personal journey, he talks about the challenges, obstacles, and the learning curve that he has faced from getting started to moving forward.
Case studies are proof of successful client relations and a verifiable product or service. They persuade buyers by highlighting your customers' experiences with your company and its solution. In sales, case studies are crucial pieces of content that can be tailored to prospects' pain points and used throughout the buyer's journey. In marketing, case studies are versatile assets for generating business, providing reusable elements for ad and social media content, website material, and marketing c
The Mutually Exhaustive Collectively Exhaustive (MECE) framework is an important problem structuring principle that consultants use to organize data efficiently and comprehensively. In this article, we will cover how to utilize MECE in a case interview setting. To watch a video … Continue Reading. The post MECE Framework: Case Interview Example appeared first on Management Consulted.
The modern day organisation faces a major concern that its predecessors did not: massive, widespread globalisation. Large businesses are past the days where their sole customer base existed in their home country; in order to stay competitive, bigger companies must expand overseas while still managing their customer base on their home turf effectively.
Imagine that you are the pilot of a cargo plane during wartime. And you’re coming in to land your plane on the base’s runway. But as you approach, on the runway you see burned-out tanks, overturned trucks and crashed fighter planes. Obviously, the base has been attacked and because of all the debris on the runway, you can’t land your plane. You hail the control tower and say, “What’s going on down there?
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