Remove Definition Remove Development Remove Operations Remove Productivity
article thumbnail

Consulting 101: Operations, Hierarchies, and Types of Firms

Tom Spencer

Learning how consulting firms operate can help you better understand what you would do as an analyst. Your business just launched a new product and needs to market it. Market trends have changed, and you want to make sure the product will reach the correct target customer. How do Consulting Firms Work? Consulting Firm Structure.

article thumbnail

Repost Which Explains Management Consulting Using Layman’s Terms

Steve Shu Consulting

Probably the most common definition out there is that management consultants are like doctors for companies (instead of doctors for people). There may also be management consultants that operate more like pharmacists. new line of business, new product) like a personal trainer helps a person develop more strength or cardio capacity.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Why you need a COO or operations manager

Asamby Consulting

Why you need a COO or Operations Manager. Either their operations have grown quite a bit or they are in the midst of growing. Many founders and CEOs ask us this question: Do I need an operations manager? But there are a few questions: Why is it necessary to hire an operations person? We answer with a resounding yes.

article thumbnail

Unemployed Agilists: How to Move from a Staff Role to a Line Job, Part 2

Johanna Rothman

In product development, line jobs contribute to the products themselves, which means they contribute to revenue. Cutting overhead is definitely not personal—it’s all about how managers perceive an employee’s value. At what level do you understand the products you’ve worked on? Industry expertise.

Agile 99
article thumbnail

Consultant, Contractor, Freelancer - Labels Matter!

Successful Independent Consulting

Positioning yourself the wrong way can limit your income, cost you thousands of dollars a year in taxes, stunt your professional development, and tie you unnecessarily to the traditional 9-to-5 routine. By definition, we stand outside of the system we analyze, troubleshoot, or design. Friends don’t let friends W-2!

article thumbnail

4 Ways to Develop Practical Business Understanding for Consulting

Management Consulted

Many history, English, and art majors, engineers, and law students – all of interest to consulting firms, but lacking in business basics – come to us asking how they can develop their business understanding to prepare for consulting interviews. Next, analyze the data and develop actionable strategies to improve the business.

article thumbnail

How to Develop a Professional Services Marketing Strategy – Part 1

Prudent Pedal

This post is the first in a series to share how professional services can develop and execute marketing strategy. The 2 major challenges to developing professional services marketing strategy . Second, each professional services firm operates within a well-defined Performance Envelope. profitable work). The BS of PS (i.e.