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The Chimera of Consulting: Government and Public Sector Advising

Tom Spencer

MBB strategy firms and the Big 4 professional services companies all have departments specifically designated for public policy and chartable organizations, which is by no means a coincidence. Benchmarking creates additional complexity for public sector consulting, which private firms do not need to face. Different mindset.

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Bank Profitability: Decoding the Income Statement

Tom Spencer

The interest rate set by the central bank serves as a benchmark or reference rate for banks. Banks typically adjust their lending rates based on the central bank’s policy rate. The interest rates at which banks borrow and lend money are influenced by the interest rates established by the central bank.

Banking 88
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Quote Your Consulting Billing Rate with Confidence

Successful Independent Consulting

Benchmark so you know your rate is reasonable. As a business owner, right now make up your mind that it is your policy not to discount your rate. Somehow when a client suggests a discount it’s easier to say no when you use the word policy. “As The tactics in this article will help if you bill by the hour or by the day.

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5 Levers for Creating a Culture of Accountability

Organizational Talent Consulting

Despite careful hiring practices, well-designed employment policies, and digital monitoring, accountability remains puzzling. A recent CEO benchmarking report found that nearly one in five CEOs surveyed identified holding others accountable as their greatest weakness and almost as many struggled with letting go of underperformers.

Culture 59
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The “Smart Society” of the Future Doesn’t Look Like Science Fiction

Harvard Business

Surely, given the size of the opportunity, increasing interest among governments and policy makers, and the explosion of relevant technologies, we can start to understand what smart societies are and establish standards and ideals to aim for. Its building blocks are what governments and policy makers aim to provide for their citizens.

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Communication. A Leader’s Greatest Challenge

Peter Stark

Our 2019 Employee Opinion Survey Benchmarks are telling us that communication continues to be a challenge for leaders. Our experience as management consultants leads us to believe that organizations who blitz their employees with bulletins, memos, letters, announcements, and policy statements are, in effect, defeating their purpose.

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7 Ways to Maximize Team Engagement and Productivity through One-on-One Meetings

Peter Stark

They have an open-door policy and anyone is welcome to text, email, call or walk into the office any time. Many managers like to do their meetings in the hall or between texts and emails, but employees tell us that these venues are not as effective and efficient as a scheduled meeting. Start the meeting on time.

Meeting 26