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Figuring Out Your Billing Rate as an Independent Consultant

Successful Independent Consulting

Other tips: Benchmark your rate to increase your confidence. For example, shift from an hourly rate to a fixed fee so you’re compensated for your intellectual property. A client never offered to pay the low end of the range, nor the top end either. That was OK though because I was aiming for the midpoint anyway.

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An Insight into Special Services: Transfer Pricing

Tom Spencer

Firms do this mainly by searching for companies with similar profiles, and benchmarking prices against those used in the broader market. A showcase example are royalties paid for patents and other intellectual property. Multinational corporations like to take advantage of any ambiguity. This is the strategy followed by Apple.

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Importance of Culture for Mergers and Acquisitions

LSA Global

Smart acquisitions can provide immediate access to valuable new products, technologies, talent, intellectual property, clients, and geographies. For example, the Denison Culture Survey measures four validated and benchmarked culture traits in the areas of mission, consistency, involvement, and adaptability.

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4 Mistakes That Kill Crowdsourcing Efforts

Harvard Business

Precisely because they are unique, one Quirky product rarely improves another Quirky product, whereas one Uber ride helps benchmark the price and quality of another Uber ride and each Google search helps improve results of another Google search. This puts friction on knowledge sharing.

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You Don’t Need to Be a Silicon Valley Startup to Have a Network-Based Strategy

Harvard Business

In a traditional business, there is little connectivity or co-creation, so the enterprise value is equal to the “mass” of the company — its human resources, financial assets, intellectual property, and physical goods. Intellectual capital.

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Your Company Needs a More-Radical Board of Directors

Harvard Business

And second, they need to ensure that – even with respect to strategy and operations – board scrutiny doesn’t result in an over-emphasis on conforming to benchmarks and industry norms. I’m not against benchmarking and norming. Letting your ETR slip to the benchmark could risk your customers’ trust.

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Google Strikes Back in Patent Wars; Decades Long Litigation; Return to the Beginning Fistfight

MishTalk

However, the sheer quantity of patent holdings also helps deter attack and has led to an intellectual property arms race. Instead, Micron and Hyundai are taking Rambus to court, Intel has conceded that DDR is important for its Pentium 4, while stalinised benchmarks seem to suggest that those long on Rambus may well have been right.