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Figuring Out Your Billing Rate as an Independent Consultant

Successful Independent Consulting

Factors that Impact Your Base Rate The 2x-3x estimate will give you a rough idea, but tweak your numbers up or down based on the following factors: Pedigree: Did you learn your craft at a consulting firm with formal training, such as Deloitte or Bain & Company? Other tips: Benchmark your rate to increase your confidence.

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Bridging the Gap: From the Consulting Industry to the Management Consulting Profession

Effective Managers

In the world of consulting, a distinction is often overlooked: the difference between the industry at large and the profession of management consulting. Understanding the Consulting Industry The consulting industry is broad and diverse, encompassing a wide range of services, expertise, and methodologies.

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How to Understand Key Metrics in a New Industry

Tom Spencer

These numbers were used to describe the health of a business or industry, to identify trends, or point out top performers. To help me understand these new numbers I use analogies based on my initial training to help me understand a new industry. Industry averages and norms – Is the metric on par with industry averages?

Metrics 88
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J. Jeff Kober’s Insider Secrets Behind Disney’s Performance Excellence

Consulting Matters

Jeff is a former Disney leader and Disney Institute trainer turned consultant and author who has mastered how to apply and scale the Disney principles to organizations of all sizes and industries. Jeff is the President of Performance Journeys, a training and development group devoted to improving performance and learning in the workplace.

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The Competitive Edge: ISO 20700 Certification for Management Consultant

Effective Managers

Achieving recognition as a practitioner through ICMCI Checklist training goes beyond earning a mere certificate of completion; it signifies a consultant’s dedication to excellence, adherence to global standards, and commitment to best practices. To learn more about ICMCI’s ISO 20700 Checklist Training, click here.

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Evaluating ROI on Your Company’s Learning and Development Initiatives

Harvard Business

Leaders can use an approach called balanced benchmarking, borrowed from operations management, to conduct a needs assessment and apply training where it can be most effective. The author explains how this approach was applied at a firm in the legal services industry and offers five strategies for implementation.

ROI 63
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Why ISO 20700 Matters: The Future of Management Consulting

Effective Managers

This standard is not just a guideline; it’s a visionary step forward, shaping the future of the industry. Pioneering a Global Benchmark ISO 20700 is groundbreaking as it establishes a global benchmark for delivering management consultancy services. To learn more about ICMCI’s ISO 20700 Checklist Training, click here.