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Back office vs. front office: how to boost efficiency and productivity between both offices

1 to 1

Yet, in many businesses, there is often some overlap and confusion over what defines the roles of a front office and back office, making it difficult to prioritize an area for greater efficiency and productivity. What is the front office? The front office refers to the customer-facing section of a firm. Learn more.

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What Skills Do Firms Want in Aspiring Consultants?

Tom Spencer

The project leader or engagement manager might spearhead the problem definition process and assign entire sub-problems to the team. Excel, in particular, is often touted as the bread and butter of consultants — being familiar with shortcuts and more efficient ways to run analyses is a key booster for a career in consulting.

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What does a Business Consultant do?

ConsultX

A Traditional Consultant Let’s start by looking at the definition and role of a consultant. Wikipedia states: The consultant is in a role of sharing her or his knowledge and advice In recent years, we’ve seen sales-people take on the title of consultant, as they provide advice on the product they’re selling. Accelo states: ?”A

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How do MBA Programs Prepare you for Consulting?

Tom Spencer

These are definitely important to get you there, but it’s not enough to know they exist, it’s important to delve further into WHAT each aspect is actually composed of. With a team of five, we delved into 3+ years of sales data and operational costs to create an effective final presentation.

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What is Project Accounting?

Progressus

Its most general definition is processing financial transactions by project including costs, billings, and revenue. As a part of the project sales process, the project budget is finalized and becomes a component of the contract’s Statement of Work. Project accounting is an overly broad term.

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7 Key Decisions for Starting Your Consulting or Coaching Business Right

Consulting Matters

Your heart won't be in it, and your clients will know that you are trying to land them for the sale and not out of a heart of service. Before I ask you questions to help you figure out your ideal business model, let me give you some definitions for your consideration.

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How to Help Managers Combat a Lack of Resources

LSA Global

Then ensure that sales managers focus most efforts on your most strategic accounts. By definition, not all projects are of equal importance. Here are three suggestions that can help managers combat a lack of resources: Prioritize Clients and Stakeholders Similar to projects, not all clients or stakeholders are of equal importance.