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Figuring Out Your Billing Rate as an Independent Consultant

Successful Independent Consulting

Solopreneurs who come from “name” firms like PwC or McKinsey can charge more than those who come from industry. People who market themselves as independent professionals and operate as small businesses can charge more than those who work as subcontractors. I was happy, and the client believed they were getting a fair price.

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Benefits of Business Consulting Services

Business Consulting Agency

Operational Efficiency One of the primary advantages of consulting services is the enhancement of operational efficiency. McKinsey & Company reported that companies that invest in organizational effectiveness through consulting services experience a 28% increase in operational efficiency.

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Harnessing Expertise and Igniting Growth

Business Consulting Agency

Whether it’s streamlining operations, optimizing strategies, or catalyzing innovation, the pursuit of progress is central to an organization’s success. A study by McKinsey revealed that companies that use data-driven customer insights outperform their competitors by 85% in sales growth and more than 25% in gross margin.

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Consultant, Contractor, Freelancer - Labels Matter!

Successful Independent Consulting

Employees of major consulting firms like McKinsey and Accenture are called consultants, as are some in-house specialists deployed in an advisory role to work with teams outside of their own reporting structure (for example, an internal change management consultant).

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Making Your Digital Transformation Journey Successful: An Overview of Its Essential Components

Epicflow

We’ve analyzed several points of view provided by the experts of McKinsey , Forbes , and Harvard Business Review , which cover different sides of the process, and distinguished the following major categories. Technologies: Optimization of Operations . Digitizing operations. Change management. IT modernization .

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How to Figure Out Your Consulting Bill Rate

Successful Independent Consulting

Independent consultants who come from “name” consulting firms like Accenture or McKinsey often charge more than consultants who come from industry. Field of expertise — Consultants who can diagnose problems and create sound strategies and actionable plans can charge more than those who focus on more tactical work like project management.

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How to Help Teams Become Comfortable with Uncertainty

LSA Global

We know from our change management simulation data that most leaders are challenged by unpredictable situations where the future is uncertain, and the stakes are high. Strategic scenario planning enables teams to identify and plan for key change hypotheses in advance without the pressure or workplace politics to deliver immediately.

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