Remove Development Remove Finance Remove Metrics Remove Productivity
article thumbnail

How to Use Flow Metrics to See if Your Economies of Scale Offer Value, Part 3

Johanna Rothman

If you read the article above or any of the other articles you can find online, you might notice Economies of Scale focus on production—specifically manufacturing production. That's not product development—and that's the first place we get stuck with Economies of Scale thinking. Ignorance of the flow metrics.

Metrics 63
article thumbnail

Startup Businesses with Professional Consulting Services

Business Consulting Agency

Strategic Business Planning Professional consulting services assist entrepreneurs and investors in developing strategic business plans that lay the foundation for startup success. Market Validation and Product Development Consulting services play a crucial role in validating market demand and refining product/service offerings for startups.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Key Performance Indicators (KPIs) for Professional Services Firms

Progressus

These metrics provide the foundation for more outcome-oriented engagements, leveraging real-time data to secure contracts, monitor progress, and demonstrate the value of client investments. Which Metrics Are Essential for Professional Services Firms?

article thumbnail

How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

If you’re not a numbers person, finance is daunting. After all, if you’re trying to sell a product or strategy, you need to be able to demonstrate that it is both practical and high margin. Stop avoiding finance because you’re afraid of numbers. “Finance and accounting are very simple. .”

Finance 28
article thumbnail

What is consulting?

Tom Spencer

Some people also call consulting a ‘talk-job’ – you go to the clients, you talk about what the ideal world scenario would be for a particular project, product or market, and your billable hours are sorted. Sales, Marketing, Production) and secondary functions (e.g. Finance, HR, Supply Chain, ICT, Legal).

article thumbnail

Unlocking Business Profit Potential

Business Consulting Agency

Develop a Consulting Plan : Collaborate with the consulting service to create a customized consulting plan. Market Expansion : Explore opportunities for market expansion, whether it’s entering new geographical areas, offering complementary products, or diversifying your service offerings.

article thumbnail

The Benefit of Shared Goals Across Functions

LSA Global

Shared Goals Across Functions Can Help Break Down Functional Silos Traditionally, most employees are organized by expertise, department, or location to pursue isolated and specialized objectives — e.g., sales, marketing, finance, design, production, and so on.

Culture 36