Sat.Aug 05, 2023 - Fri.Aug 11, 2023

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Consulting Profit Margin: 4 Ways To Approach This Key Metric

Consulting Success

Most consultants know the most important number for a consultancy is gross margin. However, there are a lot of ways to look at margin — and many nuances to look out for This article will provide a practical guide on how you should be looking at margin in your consulting business.

Metrics 184
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3 People Reducing Productivity at Your Consulting Firm

David A Fields

Dagnabit, there’s someone slowing down your consulting firm! More than one someone, in fact—multiple someones conspiring to suppress growth, pillage productivity and wipe out your hidden chocolate stash. And, worst of all, you know the rascals. They’re you. You’re the leader of your consulting firm and you may also be the biggest obstacle to its … Continued The post 3 People Reducing Productivity at Your Consulting Firm appeared first on David A.

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Utilization & Margin In Consulting With Matt Hayter: Podcast #302

Consulting Success

Many consultants struggle to grow their businesses because they’re busy working in their business rather than on their business. Because if you are looking to scale your firm, owners should understand the crucial role of margin. Today, Matt Hayter, the CEO and founder of Project Works, emphasizes how utilization and margin ensure sustainability and growth.

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The Secret to Leading Highly Collaborative Teams

Harvard Business

You can improve your team dynamics if you understand the people you manage.

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PowerPoint Best Practices for Creating Stellar Presentations

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.

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Transformational Leadership: Changing Culture to Fuel Financial Success

Organizational Talent Consulting

An Examination of the Importance of Leadership Behaviors and Attributes on Shaping Culture Executive Summary Organizational culture is a critical factor in financially successful companies. But culture change is often overwhelming and elusive. In a fast-paced digital workplace, leaders face increasing pressure to innovate, make data-driven decisions, and effectively lead a remote and multicultural workforce.

Culture 52

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Leveraging Artificial Intelligence in Finance

Tom Spencer

In the ever-evolving world of finance, where data analysis and informed decision-making are vital, the emergence of artificial intelligence has proven to be a transformative force. One particular facet of AI that is revolutionizing the finance industry is natural language processing , which leverages AI and machine learning algorithms to extract valuable insights from vast volumes of textual data.

Finance 78
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Talking About a Difficult Decision — When You Can’t Share All the Details

Harvard Business

When you have to communicate a difficult organizational decision to employees, it’s hard to know how much information to provide when you can’t be fully transparent yet. Saying nothing can undermine people’s trust in your motives and compassion, whereas saying too much can leave people feeling overwhelmed and vulnerable as they struggle to process the information and implications.

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10 Tips for Managing Your Digital Identity

Kraft Kennedy

The shift to passwordless environments is catching on, but for most, passwords still serve as the keys to their digital world. At the time of this publication, the National Institute of Standards and Technology (NIST) has released Special Publication 800-63 , a set of best practices for managing your digital identity. We’ve culled the advisory down to a list of 10 guidelines for securing your personal information and creating better passwords: Password Length: Encourage users to create longer p

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Elevating Website Performance: A Comprehensive Guide

Business Consulting Agency

In today’s digital age, a business’s website serves as its online storefront, making it a critical component of success. However, achieving optimal website performance and results can be complex. This is where digital consulting services come into play, offering expert guidance to enhance website effectiveness. In this article, we’ll outline the essential steps to improve your website’s performance with the help of digital consulting services and underscore the invaluable

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How to Stay Competitive in the Evolving State of Martech

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

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The Canvas of Innovation

Chad Barr

Years ago, after the construction of our home, we looked at the vast 1400 sq. foot basement—a blank canvas, a space filled with potential. Our vision guided us to divide it into a playroom for family fun, and a workout room for better health. With the delivery of the pool table, treadmill, bike, and weight machines, our basement became the entertainment center and a nucleus for togetherness.

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When Should You Take a Problem to HR?

Harvard Business

Toxic norms and cultures are among the hardest workplace issues to deal with. They can make people question their values and competence and even wonder if quitting is their only option. Study after study shows that these kinds of cultures drive attrition. Other people make or break our experiences at work. If you’re considering going to HR about a toxic situation at your job, you may be concerned about the potential repercussions.

Study 69
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We all hate networking

Consultants' Consultant

Consultants Consultant: According to Jon Levy in this podcast, we all hate networking because it’s not. The post We all hate networking appeared first on Consultants' Consultant.

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8 Common Misconceptions about Managed IT Services

Kraft Kennedy

You spoke, we listened. We collected feedback about the misconceptions around Managed Security Service Providers (MSSPs) and we’d like to take a moment to debunk the myths. “Long wait times and lack of knowledgeable technicians is an industry standard and there’s nothing you can do about it.” Our post-ticket satisfaction rating is 98%.

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Savings Consultants Are Needed in Today's Market More Than Ever

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.

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Mastering Business Marketing and Advertising: A Comprehensive Guide

Business Consulting Agency

Marketing and advertising are the lifeblood of any business, irrespective of its size or industry. Effectively reaching and engaging your target audience can make or break your business’s success. In this article, we’ll outline the essential steps to market and advertise a business and highlight the invaluable role of business consulting agencies and marketing consulting services in optimizing these efforts.

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What the Finance Industry Tells Us About the Future of AI

Harvard Business

What will artificial intelligence do to industries and jobs? For a preview, look to the finance industry which has been incorporating data and algorithms for a long time, and which is always a canary in the coal mine for new technology. The experience of finance suggests that AI will transform some industries (sometimes very quickly) and that it will especially benefit larger players.

Finance 69
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Time Is On My Side

Alan Weiss

There are three key approaches to creating more discretionary time for yourself and decreasing labor intensity: Streamline your models. You may have been doing something extremely well for years with excellent results, but that’s no reason not to try to improve it. Reduce the number of meetings or sessions; reduce the duration of meetings; move from in person to remote; eliminate guest speakers and commenters; reduce the number of exercises; educate the client differently about how often y

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Willpower

Consultants' Consultant

Consultants Consultant: It seems willpower is linked with the ability to sit in discomfort. Here’s an. The post Willpower appeared first on Consultants' Consultant.

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TOOLS and METHODOLOGIES for developing DECISION SUPPORT PACKAGES

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.

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Breaking US Business Ground: A Comprehensive Guide to Market Entry

Business Consulting Agency

Expanding your business into the United States offers immense opportunities but is often accompanied by complexities unique to the U.S. market. The assistance of US market entry consulting services is invaluable in navigating these complexities, ensuring a successful entry. In this article, we will outline the essential steps to enter the U.S. market with the assistance of US market entry consulting services and emphasize the indispensable role of business consulting agencies in achieving succes

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4 Strategies to Prepare for a Late-Career Shift

Harvard Business

If you’re a senior professional who has decided to change careers, how will you compete in a new field with younger competition? Will prospective employers immediately dismiss you as a candidate because you’re overqualified? The author presents four strategies to use if you’re preparing to switch gears later in your career: 1) Own your age enthusiastically; 2) Identify multigenerational connections within your network; 3) Be prepared to 10X your job search; and 4) Practice your answers to tough

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One Pragmatic Thought: Reward Collaboration, Not Individual Work

Johanna Rothman

If you're trying to use an agile approach, what do you care about in terms of finishing: That the team finish the work, regardless of the personal or team cost? That you know who did what, so you can reward them? Or that the team completed the work, without undue stress and strain? (also called sustainable pace) Most of my management clients feel torn.

Agile 56
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A Guide to Project Portfolio Management: Doing the Right Projects at the Right Time

Epicflow

Business organizations that run multiple complex projects, experience business growth, and at the same time have limited resources may require a more sophisticated approach to managing all their projects. In particular, they need to sort all their endeavors in line with the organizational goals and objectives. This is where project portfolio management (PPM) can help.

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Why You Need to Use Case Studies in Sales and Marketing (and How to Start Now)

Case studies are proof of successful client relations and a verifiable product or service. They persuade buyers by highlighting your customers' experiences with your company and its solution. In sales, case studies are crucial pieces of content that can be tailored to prospects' pain points and used throughout the buyer's journey. In marketing, case studies are versatile assets for generating business, providing reusable elements for ad and social media content, website material, and marketing c

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The low-stakes argument

Seth Godin Blog

It’s tempting and fun to argue about the logo. About the way the toilet paper is hung. About how to load the trunk of the car. These sorts of arguments work precisely because they don’t matter. At all. And they distract us from the incredibly difficult work of discussing the things that actually do matter. That we can take action on. That are easier to ignore.

How To 47
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What to Ask Yourself Before a Career Pivot

Harvard Business

Gone are the days of picking a job or career path and sticking to it forever. Career pivots are far more common today than they ever were. For example, consider Oprah Winfrey’s transitions from TV anchor to superstar talk show host to film actress, producer, and media mogul. But how do you know if you’re ready for a change, or if your pivot is likely to be successful?

Film 68
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What High Performing HR Business Partners Do Differently

LSA Global

High Performing HR Business Partners Act Differently Even after decades of trying to improve, the majority of business leaders and employees perceive HR Business Partners to be too reactive, transactional, and administrative to truly understand, predict, and consult on their strategic talent management issues in a way that adds measurable value to the business.

Talent 36
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The Hidden Power of Small Steps in Leadership

Leadership Vision Consulting

In this podcast episode, we discuss the importance of taking small steps in leadership. Extraordinary leaders not only cast big visions but also break them down into achievable milestones for their teams. By doing so, they foster a sense of connection, motivate individuals, and ensure steady progress towards the ultimate goal. Enjoy The post The Hidden Power of Small Steps in Leadership appeared first on Leadership Vision.

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ABM Evolution: How Top Marketers Are Using Account-Based Strategies

In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.