Remove Benchmarking Remove Management Remove Operations Remove Travel
article thumbnail

The Price is Right: Decoding the Art of Product Pricing

Tom Spencer

Optimal pricing strategy The primary goal of pricing strategy is the same as the primary goal of any other management strategy – to maximize economic value over time. For instance, airlines typically try to practice price discrimination by charging higher prices for business travelers and lower prices for tourists.

article thumbnail

How to De-Risk Working with a Freelance Management Consultant

Comatch

The world is changing rapidly, and the way that companies operate within it needs to shift as well. More than ever, organizations are using independent experts and freelance management consultants to address critical challenges. Travel costs matter less than capabilities. . Here are the key insights. . Currently, 36% of the U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Management Consulting versus Investment Banking

Management Consulted

Consulting compensates with perks that banking does not offer – from better travel allowances to more generous health and retirement packages. Consultants – depending on firm – travel anywhere from 25-75% of their time. At the Big 3 (Bain, Boston Consulting Group, McKinsey), you can expect travel 50-75% of the time.

Banking 272
article thumbnail

Welcome All Future Management Consultants – Favorite Posts, Link Roundup, and Reader Questions

Management Consulted

International Management Consulting 101 – we discuss what it’s like to work in an overseas management consulting office. Points and Per Se: Management Consulting Perks – discover the non-salary benefits of a life in strategy consulting, including laptops, expense accounts, and Starwood points. Part 1 here.

article thumbnail

Why an Innovation Culture Matters

Organizational Talent Consulting

The financial and operational rewards for innovation are significant. improved operational productivity. Space travel alone is challenging, but reusing a rocket by landing it on a drone ship takes the complexity to another level. Creativity and Innovation Management, 21 (3), 304-314. reduced costs and increased revenue.

Culture 52
article thumbnail

Archstone Consulting Culture and Interview Tips

Management Consulted

Founded in 2003 by two former Deloitte partners, Archstone Consulting specializes in helping companies eliminate operational inefficiencies, cut costs and invest resulting savings back in to the growth of the firm. The practice areas at Archstone Consulting reflect the operational nature of consulting projects at the firm: Business Strategy.

article thumbnail

3 Steps to Cultivate an Innovation Culture

Organizational Talent Consulting

The proven benefits of innovation include: increased competitive advantage improved operational productivity reduced costs and increased revenue improved commercial value enhanced problem-solving One modern innovation that is impressive to watch is SpaceX's reusable Falcon 9 (watch the video below). Çokpekin, Ö., & & Knudsen, M.

Culture 52