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Figuring Out Your Billing Rate as an Independent Consultant

Successful Independent Consulting

Even if your pricing strategy is to use a fixed price or to use a hybrid approach (part fixed, part variable), use your base rate as the building block and to sanity check your package pricing. People who market themselves as independent professionals and operate as small businesses can charge more than those who work as subcontractors.

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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 88
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Bank Profitability: Decoding the Income Statement

Tom Spencer

A bank’s income statement can be simplified into five main line items: Net interest income Non-interest income Operating expenses Provision for credit losses (PCL) Tax Image 1: Illustrative example of a bank’s income statement Source: CIBC’s 2022 Annual Report 1. The biggest swing in operating expenses is likely to be variable compensation.

Banking 88
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Insights from Industry Leaders: Your Path to Market Excellence

Chad Barr

In today’s fast-paced business world, understanding the strategies of industry leaders, successful organizations and even your competition, is crucial for your own success. Are you profoundly aware of how these top performers operate differently from you? Don’t miss the opportunity to reshape your business strategy.

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How To Help Ensure Strategy Scorecards Don’t Fail You

Steve Shu Consulting

For many strategy engagements, a lot of attention is paid to the detailed analysis framework. For example, should a benchmarking framework be used? Regardless of strategy technique, one key output of these efforts is often a scorecard summary. Or will that framework lead us down a path of mediocrity? A scorecard is tangible.

Strategy 236
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Local US Business Expertise Drives Success for Foreign Companies

Business Consulting Agency

Cultural Adaptation and Market Localization Strategies US business consultants facilitate cultural adaptation and market localization strategies, enabling foreign companies to understand the nuances of the American business culture, consumer preferences, and market dynamics. Local US business expertise drives success.

Company 52
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The Big Picture of Strategic Pricing™ for Government Contracts

Granite Leadership Strategies

Without that as a benchmark, you are just shooting from the hip. Most organizations consider the market they operate in before they just throw a price out there. Examine the anatomy of a winning pricing strategy figure above and see the complexity and entirety that strategic pricing takes.