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Sales slumps are disheartening, frustrating, and border on panic-inducing for consulting firm leaders. If you have proven you can win consulting engagements steadily in the past, and now you’re facing a revenue lull, your first step is to determine which of the three varieties of sales decline you’re confronting. Natural Trough – Your consulting firm … Continued The post The 3 Causes of Consulting Sales Dips (and the Response to Each) appeared first on David A.
As a leader in business, have you ever had occasion to say, “That sounds good in theory.” Skepticism – even cynicism – underlies that statement. Roughly translated into a glorious jumble of mixed metaphors, what you really mean is, “I hear what you are saying and I think you are living in an ivory tower and wearing rose-colored glasses because when the rubber meets the road that isn’t going to fly.
Every consultant wants to attract clients. It is that element that keeps the consulting business going. In this episode, Mindy Weinstein, the Founder of Market Mindshift, shares how consultants can use The Power of Scarcity to influence customers’ decisions and attract better clients. She explains the psychology behind scarcity, which consultants should correctly and ethically.
At a recent client, a senior leader, Tim, said, “We realize we can't do everything, but we don't know how to get a handle on what we need to do.” We talked about what they measured and how long it took them to make decisions. (See Why Minimize Management Decision Time.) Tim explained that they measured schedule variance, because all the projects took so long.
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.
It is easy for a leader to kill motivation and respect within a team. A lack of attention or emotional connection and you are perceived as being aloof. Too much attention in the day-to-day, and the team feels a loss of autonomy and control. Research suggests that mismatched management reduces morale, trust, and productivity and increases employee turnover.
In today’s fast-paced business environment, ensuring employees are as productive as possible is essential. Learning and Development (L&D) is becoming increasingly important to make reaching productivity goals possible. Through L&D programs, employees develop the skills and knowledge necessary to improve their efficiency and the quality of their outputs, allowing them to contribute to the success of their organizations to a greater degree.
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Management Consulting Connection brings together the best content for management consulting professionals from the widest variety of industry thought leaders.
In today’s fast-paced business environment, ensuring employees are as productive as possible is essential. Learning and Development (L&D) is becoming increasingly important to make reaching productivity goals possible. Through L&D programs, employees develop the skills and knowledge necessary to improve their efficiency and the quality of their outputs, allowing them to contribute to the success of their organizations to a greater degree.
What’s the difference between coaching and mentoring — and why do most successful people have either a coach, mentor, or both in their lives at all times? Taking guidance from someone who is where you want to be (a coach or mentor) is the closest thing you’ll get to a “shortcut” to create success in. Coaching Vs Mentoring (B2B): What’s The Difference?
Have you ever felt you need to make more progress with your consulting or coaching business? Are you tired of hit-or-miss profits and feeling like you're never getting ahead? Well, it's time to say enough already and go from surviving to thriving! Today, we decode the profit puzzle and dive into the different levels of success you can achieve with your consulting or coaching business: stable profits, sustainable growth, and scalable success.
According to Gartner , by 2030, 80% of project managers’ tasks will be run by AI, powered by big data, machine learning (ML), and natural language processing. This statement was perceived as a threat to project managers, whose job was supposed to be undertaken by AI-driven project management software. But is this really so? The True Role of AI in Project and Resource Management Tools Paul Boudreau , an AI researcher and author of scientific bestsellers about artificial intelligence in project ma
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.
Imagine going the Olympics and crossing the 100 metre finish line in first place. Arms raised in triumph, and revelling in the glory of your success, you are a hero! However, the very next week you make your way back to the starting line and ready yourself for the starter’s gun. *Bang* You run the race over again, and then again the next week, over and over.
Hear how to rethink your life to find what really makes you happy Today's guest is Julia Wolfendale, executive coach and director at On The Up Consulting. Julia is from the UK and has developed an exciting and valuable approach to helping people find happiness, success and fulfillment. Her book is entitled Five Ways to Focus and we discuss it as a starting point to help people better understand themselves.
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.
One of the many elements that make ERP platforms so powerful is their ability to process and analyze tremendous volumes of data. But getting the right information into your new system in the right format and at the right time—while also executing other implementation project activities—can be a challenge. Careful planning and clear communication with your stakeholders is key to populating your ERP solution with the necessary data.
This is the second of a seven-part series looking at artificial intelligence and its implications for the consulting industry. AI in Consulting: The Beginning of a New Era How AI is Changing the Game for Consultants The Role of Consultants in an AI-Driven World AI-Powered Consulting: Tools You Need to Know About Real-World Examples of AI in Management Consulting Ethical Implications of AI in Consulting: A Deep Dive Leveling Up: Consulting Skills for an AI-Powered World AI is revolutionising the
Small businesses play a vital role in the global economy, with millions of them operating worldwide. However, starting and running a small business can be a challenging task. Entrepreneurs have to wear many hats, and they often have limited resources at their disposal. One of the most critical challenges facing small business owners is organizational development.
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.
Don't trap yourself by blending into the 1.1 million consultants. Differentiate yourself by avoiding common mistakes, and using helpful tips guided by The Consultants Peer Group.
Establishing and positioning yourself as a thought leader is critical for personal and professional growth. Thought leadership is the practice of being an expert in one’s field and sharing knowledge through various platforms and channels to create awareness and build credibility and influence. Many focus on attempting to become a thought leader but unfortunately not realizing that creating valuable, powerful, and consistent content is at the heart of establishing a robust brand and enhanci
In Government contracting, the foremost pricing strategy is to remain concentrated on your long game. What does that mean? If your company leaders have committed to being in the Federal Government contracting marketplace, then you must adopt an infinite focus. There are no wins or losses in that mindset but rather a constant emphasis on planned procurements.
Consultants Consultant: This interesting article takes a look at the language we use when serving customers. The post Concrete language appeared first on Consultants' Consultant.
Veeam Backup and Replication CVE-2023-27532 Issue Vulnerability CVE-2023-27532 in a Veeam Backup & Replication component allows an unauthenticated user operating within the backup infrastructure network perimeter to obtain encrypted credentials stored in the configuration database. This may lead to an attacker gaining access to the backup infrastructure hosts.
In Government contracting, the foremost pricing strategy is to remain concentrated on your long game. What does that mean? If your company leaders have committed to being in the Federal Government contracting marketplace, then you must adopt an infinite focus. There are no wins or losses in that mindset but rather a constant emphasis on planned procurements.
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
Consultants Consultant: How to improve your focus and attention span. This could help us all a. The post Focus appeared first on Consultants' Consultant.
Why is customer service so bad, so often? I published this question in a post in LinkedIn in 2017, updated two years after, and again now. It engaged 976 comments and over 56,000 likes with many more readers. Clearly it is an issue that irritates so many of us. Now, notice the slight change in the title of the post. The big debate now is whether customer service is getting better or worse.
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