article thumbnail

Key Performance Indicators (KPIs) for Professional Services Firms

Progressus

These metrics provide the foundation for more outcome-oriented engagements, leveraging real-time data to secure contracts, monitor progress, and demonstrate the value of client investments. Which Metrics Are Essential for Professional Services Firms?

article thumbnail

What is consulting?

Tom Spencer

This might include advice on asset management, tax structuring, or capital structuring to reduce financing costs and sources of risk (e.g. Finance, HR, Supply Chain, ICT, Legal). For instance, financial consultants provide advice to organizations on financial matters. liquidity risk, interest rate risk, default risk). Conclusion.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

We REALLY Need to Stop Talking About Lean

Markovitz Consulting

Culp, of course, was Danaher’s CEO for 14 years, and is steeped in lean thinking through the Danaher Business System. Culp has also shifted focus away from earnings per share, which was once the most important metric at GE. The Wall Street Journal recently wrote about Larry Culp’s efforts to turn around faltering General Electric.

article thumbnail

Rising COVID cases, falling economy

Tom Spencer

It was mildly concerning then to hear Keen say a number of things about money and the global monetary system which on their face would appear to be incorrect. From 1944 to 1971, the global monetary system was backed by gold. Under the Bretton Woods System, gold could be purchased at a fixed price of around US$35 per ounce.

article thumbnail

HR Guide to Company Culture: 5 Tangible Leverage Points

LSA Global

An HR Guide to Company Culture and Your Organizational DNA When it comes to people and organizational dynamics, the concept of company culture can seem nebulous and less vital when compared company strategies, systems, people, or finances. The truth is that different companies do things and present themselves differently.

Culture 36
article thumbnail

The Top 8 Undergrad Consulting Majors

Management Consulted

Mechanical Engineering is the most operationally focused, in contrast to say Civil Engineering, where you are more focused on ideas such as land use instead of metrics and modeling. To be specific, a degree in finance shows that you not only know the numbers, but can communicate them in a way that is easy to understand.

article thumbnail

Project Management Maturity Models: A Basis for Reaching Your Organization’s Business Success

Epicflow

At this level, there aren’t any established project management practices or standards; documentation and metrics are ad hoc. An organization uses basic metrics to track project performance. Project management processes and standards are integrated with other organization’s processes and systems. Level #5: Optimizing process. .