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Quote Your Consulting Billing Rate with Confidence

Successful Independent Consulting

Benchmark so you know your rate is reasonable. At the end of our meeting, I didn’t quote the range. It’s a matter of what they’re used to and their operating margins. For example, a grocery chain with a 2% operating margin is likely to be much more cost conscious than a medical device company with margins over 80%.

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Management Consulting versus Investment Banking

Management Consulted

Finally, you have constant client interaction which develops “client skills” – from managing client teams to running meetings to learning how to navigate different corporate environments. This expertise may be as broad as “operations turnaround” and as specific as “benchmarking for insurance companies.”

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What the Best Transformational Leaders Do

Harvard Business

How have the firm’s growth, profits, and stock performance compared to a relevant benchmark (NASDAQ for a tech company, for example, or DAX Index for a German firm) during the transformation period? Today AWS accounts for just 10% of Amazon’s $150 billion in revenue, but generates close to $1 billion in quarterly operating profit.

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Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow

Eli’s innovative approaches and insights continue inspiring professionals and organizations worldwide to achieve operational excellence. Having Insurance (Risk Buffer). Be it health, car, or home insurance; the idea is to have a buffer against unexpected damage or health issues. This is the “integration effect.”