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Biz Dev and Sales: Two Pillars of Business Success

Tom Spencer

Business development and sales are two of the most critical components of any successful business. They are closely related, with business development focusing on identifying new opportunities and building relationships, and sales being the process of actually closing deals and generating revenue.

Sales 88
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Real-World Examples of AI in Management Consulting

Tom Spencer

This article will explore some of the most notable examples of AI in consulting, including its use in market research, strategy development, and operational optimisation. This can help consultants to identify key market trends, develop more accurate market research reports, and craft more effective marketing strategies.

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AI in Consulting: The Beginning of a New Era

Tom Spencer

In manufacturing, AI can be used to optimise supply chains, increase the efficiency of production processes, and predict equipment failures. Automation One of the key benefits of AI is that it can help consultants to work more efficiently, by providing faster and more accurate analysis.

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(Value Stream) Map Your Way to a Better Post-Covid Future

Markovitz Consulting

Here are three examples of how their maps have helped them see into their processes more clearly and make changes to become more efficient. Sample development The dress maker designs dresses in the US and uses contract factories in Asia for manufacturing. COVID travel restrictions made those customer visits impossible.

Sales 147
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Technology Ain’t Going to Solve Your Problems

Markovitz Consulting

I was at a conference for internet retailers two weeks ago and was overwhelmed by the software and hardware solutions promising to solve all their operational problems and turn their ecommerce businesses into a highly profitable, eight figure monsters. They’re lying. Technology is not, by itself, the answer. What happened?

Software 178
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Mastering the Art of Leading Remote Work Teams

Rick Conlow

However, employees may struggle to prioritize tasks and allocate their time efficiently. Leverage Technology: Provide remote workers with the necessary tools and technology to perform their tasks efficiently. Provide access to online training resources, virtual workshops, or conferences. Included training in team meetings.

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Experience Curve

Tom Spencer

While by no means an exhaustive list, factors that may contribute to the Experience Curve effect include: Labour efficiency – As employees at all levels of the organisations gain more production experience they gain skills, learn shortcuts, and find ways to produce more with less. Where do the reduced costs come from?