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A single failed project can be devastating for a business. While a few poor outcomes may happen due to issues outside of a company’s control, most failures are avoidable. By following various project management best practices, organizations can increase their odds of success. With that in mind, here’s a look at a few project management best practices that can help you better manage a project.
Relationship-building is a fundamental aspect of running a business. So how does one go about it? In this episode, joining Michael Zipursky is Martin Stadelmeyer of AMBE Engineering, LLC. Having previous experience with companies like Volkswagen and Mercedes-Benz, Martin has the experience and the connection most people in the industry aspire to have.
Over the past three years, your consulting firm charged your client Fru Gal Corp. (FGC) roughly half a bajillion dollars for each of the two “big progress” projects they hired you to lead. Next year you’d like to charge FGC higher fees for the same type of projects. How (and why) do you ask FGC … Continued. The post How to Ask for a Fee Increase [Consulting Firm Skills] 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.
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Management Consulting Connection brings together the best content for management consulting professionals from the widest variety of industry thought leaders.
You've spent the better part of two years organizing for all-remote work. Now, your managers want people back in the office. However, your team won't all be back in the same time and space. People get to choose which days (and possibly hours) they come into the office. That means you don't have a collocated team. You also don't have a fully remote (nebula) team.
I’ve always been fascinated by the 80/20 rule. The 80/20 rule was an observation made by Italian economist Vilfredo Pareto in 1896. Pareto observed that 80% of the land in Italy was owned by 20% of the population. The main idea is that the majority of particular outcomes in systems are often caused by a disproportionately low portion of the possible causes (even though the ratio isn’t always exactly 80% of outcomes produced by 20% of causes).
How to clarify project roles and responsibilities. Three of the main problems that affect project success are unclear responsibilities, poor communication, and ill-defined decision-making. If team members are unclear about their role, tasks can get missed or there may be a duplication of efforts. When communication is poor, this can lead to misunderstandings and people disengaging from the project.
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.
“It really is the Wild, Wild, West out there, and there is a show for every kind of expertise,” says podcast guesting expert Nancy Juetten. Learn valuable tips from Nancy about podcast guesting success and podcast preparation.
Journalists have a very specific writing style. Newspaper articles rarely have a storyline, or a narrative curve. Instead, they make their most significant statement right in the title, and the first sentence of the first paragraph. As we proceed reading, we are gradually unfolding the issue at hand, finding out more circumstantial details about the discussed event.
Here at =mc we encourage every participant we meet on our programmes to get in touch if they have specific issues they want to follow up on. From this we hear some common problems, issues, challenges, and worries. In this regular feature we share some of those challenges, and our advice, for dealing with them. This time, the issue comes from a manager with a very common challenge: hybrid working and team cohesion.
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.
You need a senior person at a meeting. The meeting is supposed to start at 2 pm. The leader strolls in at 2:15. When leaders act this way, they show their power. When I've asked why the person is late, they often say, “I had another meeting that ran long.” While that's what occurred , people make meaning from a senior leader being late. Without using words, the leader says: Your work isn't that important to me.
When asked about important skills to succeed in the consulting field, there are generally some pretty standard responses: communication, organisation, team work, problem solving, and analytical thinking. Whilst these are undeniably central to the role of a consultant, there is one skill that no one ever acknowledges. Consulting is a ‘people game’. Your role as a consultant is to speak with your client, understand them and their needs, and then find the most efficient and effective resolution to
When it comes to transformation, more employees owning initiatives leads to better results. New research from McKinsey & Company finds that while the average organization involves 2% of its employees as initiative owners in a transformation, 7% is the tipping point for better results. When at least 7% of employees own part of the transformation, the organization is twice as likely to have positive excess total returns to shareholders (TRS) as those that involve a smaller share.
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.
Hear how to find your voice, even in the midst of change. What a powerful conversation I had with Leslie Rasmussen, award-winning author of the novel After Happily Ever After. It is a book that tells a story about a woman, perhaps you or me, who realizes that it is time for her to rethink the woman she used to be and wants to become. Sounds both familiar and intriguing, right?
At its core, innovation consulting involves bringing together technical, creative, and analytical skills to solve business problems, address societal issues, and transform ideas into reality. Innovation is an umbrella term for designing and developing new products, navigating unchartered business environments, and creating change in unexpected ways.
Does is make sense to ask for client testimonials? And if so, how exactly do you do it? Well, yes, client testimonials are a good thing. Here are some ways to think about testimonials and a number of ways to get them. What other people say about your work can be much more persuasive than what you say about your work. After all, you’re biased, right?
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!
The hybrid office is much in the news today. There is a lot of talk about technologies and policies that can help optimize the post-pandemic work environment. Those are good discussions and necessary decisions, but something is at stake that is not being addressed nearly enough: the impact of the hybrid office on a company’s core values. Companies that are clear about their core values create a culture where living out those values is the norm.
Howard Tiersky is the CEO of FROM - the digital transformation agency. FROM helps companies win with today’s customers who reserve their loyalty for brands that deliver elegant and convenient digitally-powered experiences. Previously, Howard worked at Capgemini & EY. On this episode of the Strategy & Leadership Podcast, Howard joins us to discuss everything digital transformation: Different types and scopes of digital transformation, winning digital customers, dealing with resistance to
Consultants Consultant: Discovered these flipcharts from my 2005 NLP Practitioner Certification. I’m amazed at how neat. The post NLP Practitioner Flipcharts appeared first on Consultants' Consultant.
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
The hybrid office is much in the news today. There is a lot of talk about technologies and policies that can help optimize the post-pandemic work environment. Those are good discussions and necessary decisions, but something is at stake that is not being addressed nearly enough: the impact of the hybrid office on a company’s core values. Companies that are clear about their core values create a culture where living out those values is the norm.
"Criticism, like rain, should be gentle enough to nourish a [person's] growth without destroying [their] roots." – Frank A. Clark Imagine that you're walking down a dark alley at night. You hear footsteps running up from behind you. At this moment the "fear center" of your brain, the amygdala, senses a threat and lights up like a Christmas tree. Now, imagine that the next day, you're back at the office.
How much content should I give away for free? A little, a lot, or none? This is one of the questions I am often asked. My years of observation and research have taught me that the more content you put out there, the more you increase the awareness in you and your company and stand out in the crowd and can then position yourself as an expert in your field.
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