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Figuring Out Your Billing Rate as an Independent Consultant

Successful Independent Consulting

Do an internet search such as “typical hourly rate for change management consultant in [your location].” If the search doesn’t return hourly rates, convert the salary data using the method above. For example, shift from an hourly rate to a fixed fee so you’re compensated for your intellectual property.

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13 Principles for Using AI Responsibly

Harvard Business

Known and emerging concerns associated with AI in the workplace include the spread of misinformation, copyright and intellectual property concerns, cybersecurity, data privacy, as well as navigating rapid and ambiguous regulations. To mitigate these risks, we propose thirteen principles for responsible AI at work.

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How to Keep Cyberattacks from Tanking Your Balance Sheet

Harvard Business

Against this backdrop, it becomes increasingly crucial for corporate boards to align their organizations’ cyber-risk management with their business needs. How should board directors and senior leaders be managing this type of business risk? Cyberattacks are, first and foremost, a risk to a business’ integrity.

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Avoiding Costly Mistakes with Business Startups

Business Consulting Agency

Issues such as intellectual property rights, business licenses, employment laws, and tax obligations must be addressed from the outset to avoid legal complications. Strategic Financial Planning Consultants assist startups in creating detailed financial plans, including budgeting, forecasting, and cash flow management.

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Strategy-First Innovation: Making Changes that Last

Tom Spencer

And it needs to play to the strengths of the firm — whether data, customer relationships, or brand — that will enable it to outcompete others attempting the same idea. Data – For example, Amazon’s recommendation algorithm is built on a vast dataset of customer preferences.

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Tailoring the ISO 20700 Checklist to Your Consulting Projects

Effective Managers

In the dynamic world of management consulting, the ability to adapt and customize tools to the unique demands of each project is crucial. The initiating phase of the ISO 20700 standard sets the foundation for a successful management consultancy project. Initiating Phase. Executing Phase.

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How to Get an Economic Consulting Job

Tom Spencer

Economic consulting is the more analytical but lesser-known sibling of management and strategy consulting. This space provides a perfect opportunity for individuals interested in a consulting career but who prefer a more data-focused work environment and who would rather pursue a PhD or law degree than an MBA.