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Now Is the Perfect Time to Raise Your Consulting Billing Rate

Successful Independent Consulting

Do some market-rate benchmarking to learn what other consultants are charging, or what clients are paying. Subject: New rate policy for 2019 or Kicking off 2021: Upcoming Changes Dear Joe, As a crazy 2020 comes to a close, I’ve been reviewing the books, client load, and bandwidth to clarify my business goals for next year.

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Inflation: Understanding its Impact on the Economy

Tom Spencer

For example, the Federal Reserve aims to achieve 2% inflation as an ideal benchmark to avoid its counterpart, deflation. Low-income groups often struggle to make ends meet , and rising prices can cause them to experience financial distress and force them to make difficult choices between competing necessities like food, rent, and education.

Policies 147
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Do you think culture and collaboration require an office? Think Again

Brimstone Consulting

Source: Optimizing Return-to-Office Strategies With Organizational Network Analysis, Sloan Management Review. As Mark Perna, Author, Speaker, and CEO, puts it : “If we’ve learned anything from 2020, it’s that culture is not contained in a physical location. Rather, culture is nurtured within people.”.

Culture 97
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Friday Fusion: July 10, 2020

Tsavo Neal

Here’s an example of what he does taken from one of his services pages : I’ll make many recommendations, but the four areas we’ll examine the most closely are these: The first is benchmarking. We’ll explain several dozen methods to move work through your firm to enhance its effectiveness, generate greater profit, and still meet deadlines.

Sales 15
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The CMS Five-Star Quality Rating System is Changing. Here’s How to Stay on Top

1 to 1

Plans that are awarded four or more stars earn a 5% bonus on CMS payment benchmarks, as well as higher rebates which are used to provide better member benefits. McKinsey & Company estimated in a report that in 2020, MA plans in aggregate received around $12.2 in 2020 to 2 in 2021. billion in stars-related payments.

System 26
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Customer intent is a treasure trove of actionable data hiding in plain sight

1 to 1

According to IDC analysts, businesses were estimated to have spent $215 billion in 2021 on big data and business analytics solutions, a 10% increase over 2020. These insights can help companies better train their customer support teams and ensure they’re equipped with the right information to meet customer needs.

Data 29
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What the Best Transformational Leaders Do

Harvard Business

In a study of S&P 500 and Global 500 firms, our team found that those leading the most successful transformations, creating new offerings and business models to push into new growth markets, share common characteristics and strategies. Matthew Eyring , Chief Strategy & Innovation Officer of Vivint Inc. Financial performance.