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You’re diligently working away at your consulting practice, winning projects and creating exceptional value for your clients. Then, out of the blue, George Gigglehammer asks whether you can help him with his hardware enterprise. Not only is George’s potential project unexpected, it’s outside your strategic focus. It’s like going to the pie store for your daily slice of strawberry-rhubarb, and having the pie man offer you a pastrami sandwich.
After 10+ years of running my own consulting practice, you can bet that I made my fair share of mistakes. I want to share with you my top 5 mistakes so you can sidestep the agony of wasted time and resources. Along with my mistakes, I will also be sharing my hard earned best practices so that you can accelerate the growth of your consulting practice.
The easiest time to raise your rate is on the cusp of something new — a new year, a new project, a new client. With the new year just a few weeks away, now might be the time. This article offers ideas of how to do this, as well as some sample language to use when notifying your clients. How to determine your new rate Unfortunately, there’s no one-size-fits-all formula.
While it may seem strange that how people learn shifts with each generation, it is true. Today’s newest workers grew up with technology, altering their expectations regarding how information should be shared and presented. By understanding what makes them different, you can adjust your learning and development (L&D) programs to accommodate their needs, ensuring they get the most from the experience.
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.
Nick Westergaard, consulting strategist, speaker, educator, and author, talks about strategies for branding and digital marketing. With his background in theater arts and psychology, he shares how the skills he got from improvisation has helped him improved being a consultant and strategist where it gave him the ability to consider multiple perspectives.
After 10+ years of running my own consulting practice, you can bet that I made my fair share of mistakes. I want to share with you my top 5 mistakes so you can sidestep the agony of wasted time and resources. Along with my mistakes, I will also be sharing my hard earned best practices so that you can accelerate the growth of your consulting practice.
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Management Consulting Connection brings together the best content for management consulting professionals from the widest variety of industry thought leaders.
After 10+ years of running my own consulting practice, you can bet that I made my fair share of mistakes. I want to share with you my top 5 mistakes so you can sidestep the agony of wasted time and resources. Along with my mistakes, I will also be sharing my hard earned best practices so that you can accelerate the growth of your consulting practice.
AlasdairJames/Getty Images. I spent eight years failing to act on an innovative idea that I knew would work. It was an idea that had not just technological promise but also societal value. It would help people contribute to the most important, impactful charities in the country. But I kept letting it languish. The biggest reason I held back wasn’t fear, being too busy or lazy, or any of the other natural blockades to entrepreneurship.
When you sit down for an interview or a performance review at a management consulting firm, you are being evaluated beyond just your current role. In fact, you are being assessed for longer term viability – from the next level … Continue Reading. The post Getting promoted: 3 skills necessary to make it to Partner at a Consulting Firm appeared first on Management Consulted.
When you’re an interesting person, people want to connect with you. They want to work with you, hang out with you, or work for you. Candidly, being interesting is a major advantage in both your personal and professional lives. An interesting person can’t easily be categorized, stereotyped. or ignored. When you meet an interesting person, you don’t know what to make of them.
The cloud – which refers to storing, managing, and processing data via a network of remote servers instead of locally on a server or personal computer – is quickly becoming a critical source for innovation. Without a robust cloud strategy, an organization’s pace and breadth of innovation is likely to be hampered. Here are five common reasons organizations are turning to cloud computing services: Cost: Reduces the capital expense of buying hardware and software and setting up on-site data cente
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.
youngvet/Getty Images. Picture a typical firefighter. Who comes to mind? If you imagined a white man, that’s understandable: 96% of U.S. career firefighters are men, and 82% are white. This homogeneity is striking, especially when you compare it to the U.S. military, which is 85% men and 60% white , and local police forces, which are 88% men and 73% white.
How to systemize the process of giving attention to the right things. In a world where distractions are thrown at us at every corner, Attention Expert, Neen James, joins the Invincible Brand Podcast to share techniques for being mindful and intentional about where you dedicate your attention in a way that helps you prioritize the things that matter most to your business, your team, your stakeholders, and your career.
I am thrilled to announce the launch of our new web presence for The Chad Barr Group. This took several months of brainstorming, soliciting ideas from our clients, dedicated hard work by my amazing team while squeezing this huge project among the many other clients’ projects. And it’s finally here with my hope that it would serve YOU better by providing you with insights to create and strengthen your million-dollar web presence and global digital empire.
Over the last several years there has been an increase in the number of outpatient visits at hospitals throughout the U.S. Outpatient services encompass medical procedures (minor surgeries and chemotherapy) and diagnostics (MRI, CT, and lab tests) performed in a medical center that doesn’t require a patient to stay overnight. The American Hospital Association (AHA) reported that outpatient visits increased more than 1% per year since 2013 , while inpatient admissions decreased approximately 2% p
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.
cintascotch/Getty Images. One of the most damaging myths about creativity is that there is a specific “creative personality” that some people have and others don’t. Yet in decades of creativity research, no such trait has ever been identified. The truth is that anybody can be creative, given the right opportunities and context. If you don’t believe me, take the least creative person in your office out for lunch — someone who doesn’t seem to have a creative bon
In response to various external and internal pressures, companies are pushing partnerships beyond their traditional limits. A recent PwC analysis of more than a quarter-century of global data shows that the combined number of alliances and joint ventures has increased in the past two years and is at its highest level since the start of the century. And a growing number of these partnerships involve companies in different sectors.
Every year, we evaluate the attractiveness of each consulting market in response to a simple question: Looking at the next 12 months only, where should you invest? The results for 2019 are in, and taking pole position for the fourth year in a row is the DACH region (Germany, Austria, Switzerland). Beating 17 other contenders to the top spot, the DACH market has even managed to widen its lead over the second-placed market, which this year is the US.
All organisations engage in marketing activities: you have to show your customers you have something they want, after all. For top-tier consulting firms, there are two primary marketing efforts – the first, marketing to attract entry-level recruits, is quite visible. Firms regularly visit target school campuses, and buy online advertising on LinkedIn and Facebook to boost their applications.
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.
Vicki Jauron, Babylon and Beyond Photography/Getty Images. The top trophy hire in data science is elusive, and it’s no surprise: a “full-stack” data scientist has mastery of machine learning, statistics, and analytics. When teams can’t get their hands on a three-in-one polymath, they set their sights on luring the most impressive prize among the single-origin specialists.
Are you a leader who is eager to show a commitment to culture, but unsure how to do so? Or do you see other leaders pushing for "culture change" and feel private doubt even while you are outwardly encouraging? Here's how to connect the dots between having high aspirations for culture and making real changes that lead to results.
Coming later this month … Chris Mercer is at it again. He’s written another book – his second about buy-sell agreements – and I got to review an advance copy. There are two reasons I am doing this video about Chris’s new book, and I am not sure which one will be more important to you. You be the judge. Hey, what’s up everyone! I’m Rod Burkert.
Consulting firms are in a dilemma about how to organise their data & analytics capabilities most effectively: Should they have a stand-alone business unit, or should this expertise be embedded right across the organisation? The former has the advantage of signalling to clients that it’s an area of investment for the firm concerned, but the latter will help the firm differentiate itself on a tactical basis, by using evidence-based insights in proposals and in all its consulting work.
ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!
anniepaddington/Getty Images. A few months ago, a former client — let’s call her Kacie— called me to check in. I had supported her through her transition when she had joined a prestigious global financial services firm several months prior. Given how deliberately and thoughtfully she’d gone through the process, I expected that our conversation would be about her early wins.
Here’s what the best consulting firms focus on to build and retain a technically skilled, global workforce. SPI Research 2018 Benchmark Report and Infographic.
Two weeks ago, I received a couple positive comments about the memo sent that morning. A few people noticed it was dated September 18 and was the same content as the September 18 memo. So, I investigated. For background, my process is: Take a recent memo. Delete the content. Paste in the new content, link a different video, and change the date. Send a test message to myself and edit if needed.
It’s a cold, bright January day, and I’m walking down the Avenue Montaigne in Paris. My meeting has finished early and I’ve got a couple of hours before my next one. Pulling my coat tight around myself against the wind, I realise that I’m hungry—I was up early to get the Eurostar from London and it’s been a long time since breakfast. Approaching Place de l’Alma I spot a café—Chez Francis—with what looks like a menu on a board outside.
In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a
Andy Roberts/Getty Images. This year, the unemployment rate in the U.S. hit a 49-year low of 3.7%. The demand for companies to retain top talent is intensifying. One report suggests that employee retention is the number one issue on the minds of CEOs today — not just in the U.S., but around the world. And yet, companies often spend very little time onboarding new hires.
Consultants Consultant: Been discussing buzzwords recently with colleagues, we came up with a list. In the 90’s the buzzword was empowerment. For a little while in the 2000s resilience was the word of the day. Now in 2018 the buzzword is psychological safety. The first time I strongly encountered psychological safety was reading Culture Code earlier this year. […].
On November 30th, former President George H.W. Bush passed away at his home in Texas. It may be foolhardy on my part to mention a former president because in politics today you see primarily polarization and division. But I’m mentioning President Bush today because I learned something about him I liked and that when taken to heart can be valuable to the leaders I work with.
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