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Three-Word Tricks to Boost Your Impact as a Consultant

Successful Independent Consulting

As a consultant, its our job to help clients solve problems and operate at their best. Sometimes this is easy, particularly with process or operational improvements. Its my policy Similar to the tip above, these words make things less personal and less negotiable. Its my policy to never discount my rates.

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The Future of Leadership: Embracing Change in a Dynamic World

Effective Managers

The rise of automation, artificial intelligence (AI), and digital tools has reshaped the way teams operate, and leaders must adapt to this transformation to remain effective. Leaders must actively champion DEI efforts, leading by example and creating policies that support fairness and opportunity for all.

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How to Improve Operational Efficiency in Project-Based Organizations

Epicflow

Among other things, this can be achieved by improving a company’s operational efficiency. How is it possible to increase operational efficiency in project-based organizations? What Is Operational Efficiency and Why Improve It? Improving operational efficiency means delivering more output with the same or less input.

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Quote Your Consulting Billing Rate with Confidence

Successful Independent Consulting

Figure out your market rate. This is your market rate. It’s a matter of what they’re used to and their operating margins. Grocery vs biotech — Some industries have notoriously low or high operating margins, so the money they have to reinvest back into the business will vary along with their price sensitivity.

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Emergence of Formal Behavioral Insights Teams and Initiatives

Steve Shu Consulting

Although still early, behavioral insights and the application of behavioral economics principles have been going global in the public policy space. For example, Opower tapped into a great market using software-as-a-service and a behavioral efficiency model for saving energy. What’s going on in the market? Strategy Development.

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Research: How Should Multinational Firms Navigate Local Rules?

Harvard Business

When multinational firms enter new markets, they have to choose how to manage the formal and informal local rules that can vary greatly. But constantly adapting to local practices could jeopardize a company’s ability to integrate operations across markets.

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Big Ideas, Bad Results: Avoiding Strategic Uselessness

Tom Spencer

Over a 12 month period, the companys market capitalization dropped by more than US$5 billion. Execution requires alignment with operational realities, not just a vision of where the organization wants to go. However, flight attendants are the ones tasked with implementing the policy.