Consulting Success

FEBRUARY 26, 2019

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.

ROI 257

ROI Strategy Strategy Strategy& 257

Emerson Consulting Group

FEBRUARY 27, 2019

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.

Cash Flow 40

Cash Flow Conference Meeting Groups 40

Peter Stark

FEBRUARY 3, 2019

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?

Company 45

Company Industry Report Productivity 45

David A Fields

FEBRUARY 26, 2019

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.

Consulting 301

Consulting 301

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Markovitz Consulting

FEBRUARY 26, 2019

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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Exercises Leadership Culture Consulting 167

Consulting Success

FEBRUARY 11, 2019

“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.

Consulting 129

Consulting How To Development 129

Tom Spencer

FEBRUARY 2, 2019

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

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Healthcare Industry Insurance Insurance 120

The Fearless Marketer

FEBRUARY 10, 2019

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?

Marketing 90

Marketing 90

David A Fields

FEBRUARY 12, 2019

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.

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Consulting How To Metrics Conference 294

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Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

How To

Markovitz Consulting

FEBRUARY 11, 2019

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

Conference 165

Conference Transportation Engineering Leadership 165

Management Consulted

FEBRUARY 24, 2019

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.

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Case Interview Examples Interviews Efficiency 100

Consulting Success

FEBRUARY 4, 2019

In the consulting and coaching business, unless you’re going to scale it by hiring hundreds of employees, there isn’t this fear that the marketplace grabs this idea that you have and you start printing cash. That’s what happened with the two businesses Tom Asacker was in. Tom is an educator, business advisor, and internationally published author.

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Consulting Education 125

Tom Spencer

FEBRUARY 16, 2019

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.

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Consulting Travel Hotels Talent 110

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Consulting

The Fearless Marketer

FEBRUARY 25, 2019

Ever since I can remember, I’ve enjoyed reading funny stuff. As a kid, we subscribed to the Reader’s Digest. And I would always go through and read the jokes in the funny sections: Laugher is the Best Medicine, Humor in Uniform, and Criminals are Funny. And a million years later we still get Reader’s Digest and I continue to read those sections. It’s a sickness.

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Marketing Advertising Meeting Course 86

David A Fields

FEBRUARY 5, 2019

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.

Consulting 236

Consulting 236

Markovitz Consulting

FEBRUARY 4, 2019

“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.

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Metrics System Operations Trends 124

Management Consulted

FEBRUARY 21, 2019

Work-Life balance can be a determining factor in what job or role one chooses to do. Do you wonder about work-life balance in consulting? One person says it’s amazing, frequently eating at fine restaurants and jet-setting every other weekend. Another … Continue Reading. The post Work-Life Balance: Does it exist in consulting? appeared first on Management Consulted.

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Consulting Management 100

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.

Methodologies

Consulting Success

FEBRUARY 25, 2019

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.

Consulting 119

Consulting How To 119

CaseInterview.com

FEBRUARY 6, 2019

Last week, I held office hours for members of my Inner Circle mentorship program. One of my members asked me for a process she could use to “find” her passion. She was having difficulty figuring it out and was looking for help. Some people are fortunate to figure out their passions early in life. My oldest daughter, now a teenager, loves animals. She raises 25 fish, six chickens, two guinea pigs, one frog, and one dog.

McKinsey 86

McKinsey Travel Development Energy 86

Tom Spencer

FEBRUARY 2, 2019

In my last blog post we looked at six reasons employee’s leave an organisation. Voluntary turnover is the most crucial type for firms to focus on as it can be impacted by management decisions and organisational styles. We also looked at some of the reasons that motivate people to voluntarily leave an organisation. You can find the detailed post here.

Productivity 76

Productivity Recruiting Recruitment Training 76

David A Fields

FEBRUARY 19, 2019

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.

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Transportation Consulting 230

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Case Study

Markovitz Consulting

FEBRUARY 12, 2019

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

Conference 113

Conference Transportation Engineering Leadership 113

Management Consulted

FEBRUARY 14, 2019

The Story of one Deloitte Consulting Senior Manager Are you interested in Deloitte Consulting? Or just in good stories about how consultants transition as experienced hires? Have we got a treat for you today! Our team recently connected with Lynn … Continue Reading. The post Deloitte Consulting Senior Manager: how consulting set her up for entrepreneurship, nonprofit and public sector leadership, and industry impact appeared first on Management Consulted.

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Deloitte Nonprofit Industry Consulting 100

Consulting Success

FEBRUARY 18, 2019

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.

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Interviews Leadership Consulting Development 115

Henry DeVries

FEBRUARY 8, 2019

Marketing is a team sport. If you want your small business to really grow, it’s time to move on from that frenzied blur of fads and find a real marketing partner, and a plan, that you can commit to.

Marketing 82

Marketing Sports Small Business 82

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Just because we're working with a distributed team doesn't mean we have to abandon time-tested tools and methods like whiteboarding. Digital look-alikes often cramp creativity and all but eliminate the humanity of shared interactions. Hardware solutions are also limiting and, of course, expensive and immobile. In an increasingly digital and remote-first world, it’s important for us to select tools and processes that allow us to mitigate if not eliminate the above problems.

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