August, 2021

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The Hidden Constraint Capping Your Consulting Firm (and How to Lift the Limit)

David A Fields

The driver and limiter of your consulting firm’s size are the same: a single variable simultaneously fuels your growth and resists expansion. Let’s look at three consulting firms: Hans Olo Consulting is a $500k, one-person practice focused primarily on helping chocolate manufacturers successfully implement their most important, transformation projects.

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7 Traits that Unlock the Powerful Presence of Servant Leaders

Rick Conlow

The presence and impact of Servant Leaders depends on their personal power. Most leaders rely on position power that comes with their job title. How do you get someone to follow you? Read on. Leadership through position power involves these strategies: Domination approach. Employees are subordinate. “Do as I say!”. Fear strategies. The leader has all the answers.

eBook 144
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8 Powerful Value Proposition Examples (& How To Write Yours)

Consulting Success

Are you looking for value proposition examples to help you create your own compelling message? Your value proposition is what gets your potential customers and clients to take notice. It’s your brand’s first impression. And it’s critical to nail this message if you want to successfully market and sell your products or services. Before we. 8 Powerful Value Proposition Examples (& How To Write Yours) is a post from: Consulting Success.

Examples 264
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Why Having More Meetings Is Not The Answer

Markovitz Consulting

One of the participants in my Conclusion Trap class was grappling with a persistent problem at her company: their website regularly crashed after upgrades. She believed that one of the primary drivers of the problem was poor communication between two teams. The solution was obvious—schedule additional meetings between those two teams. Along with spending more money on technology, adding meetings to everyone’s already overburdened schedule is an example of conclusion jumping at its finest.

Meeting 278
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PowerPoint Best Practices for Creating Stellar Presentations

Mastering data visualization in PowerPoint will help accelerate your career because it positions you as someone who can present data that drives business decisions forward. think-cell's PowerPoint Best Practices eBook was created specifically for professionals aiming to master the art and science of data-driven storytelling. What’s inside: Practical Insights: Uncover valuable tips for crafting engaging and persuasive presentations.

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7 Key Decisions for Starting Your Consulting or Coaching Business Right

Consulting Matters

Let's be real - you don't want to grow your OWN consulting or coaching business for the money. If you were in it for the money, you'd stay in corporate. Your goal is to have a career and business that supports your total life priorities and allows you to use your gifts and passions to make a difference in the world. So, let's make this happen for you!

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The Perfect, Consulting Firm Sales System

David A Fields

What would the perfect, consulting firm sales system include? Systems are the greatest. They help you master vital tasks and perform them more efficiently and effectively. That’s why there are extensive personal systems and business systems, such as comprehensive methods for project management, turnkey packages for managing HR administration and, most importantly, a system for … Continued.

System 397
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Things a Consultant Can Do to Increase the Chances of Their Recommendations Being Implemented Successfully by a Client

Steve Shu Consulting

This post is based on a question that was posed to me on Quora. Here are a few things to consider for this type of situation: See if you can get a resource assigned within the company to take the lead on program managing changes into the organization. Also to help increase the probability of success, see if the incentives of the assigned resources and sponsor can be aligned with the initiative outcomes.

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How To Sell Consulting Services (Like Lemonade)

Consulting Success

Wondering how to sell consulting services? Last Friday evening, I got a call from one of our neighbors inviting my daughter to join them to sell lemonade. My daughters are six years old and three years old, and they were thrilled to get this invitation. So, the entire evening, they were looking forward to waking. How To Sell Consulting Services (Like Lemonade) is a post from: Consulting Success.

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Breaking Into ZS Associates from a Non-Target School as an International Student

Management Consulted

Mrinal received offers from ZS Associates and Uber. He ended up accepting ZS Associates’ offer (in the Princeton, NJ office). How did he navigate the consulting recruiting process as an international student and decide which firm to go with? This… Read Article. The post Breaking Into ZS Associates from a Non-Target School as an International Student appeared first on Management Consulted.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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7 Key Decisions for Starting Your Consulting or Coaching Business Right

Consulting Matters

Let's be real - you don't want to grow your OWN consulting or coaching business for the money. If you were in it for the money, you'd stay in corporate. Your goal is to have a career and business that supports your total life priorities and allows you to use your gifts and passions to make a difference in the world. So, let's make this happen for you!

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Servant Leaders Achieve Extraordinary Results

Rick Conlow

Servant leaders’ behaviors and traits have been known for centuries but remain ambiguous. However, the term Servant Leader was first introduced only in 1970, by Robert Greenleaf’s essay, “The Servant as a Leader.” It has risen in popularity, but it is obscure because many deride it for being soft and out of touch in this “dog eat dog” world of competition, and fast paced business reality.

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The Person Who Can Make Your Consulting Firm Shine

David A Fields

There’s a particular type of individual who can help your consulting firm stand out from the pack and garner the praise you richly deserve. Like Clark Kent or Diana Prince, this superhero for your consulting firm disguises their ability to lift you to new heights beneath their modest appearance. This analogy is particularly apt since … Continued.

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Leadership Tip #13: For Innovation, Remove at Least One Policy or Procedure a Week

Johanna Rothman

Some managers wanted to prevent Bad Things from happening in the organization, so they added policies or procedures. Now, these same managers want business agility. However, the policies and procedures increase friction and make it harder to get the Right Things done. It's time to start removing some of those policies and procedures. The more we remove, the more agility or improvement we might see.

Policies 130
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Savings Consultants Are Needed in Today's Market More Than Ever

Savings Consultants are needed in today’s market more than ever. With an increase in expenses, businesses are looking for opportunities to save. Often unknown to businesses are savings in expense reduction, specialized tax savings, specialized savings including medical underpayments, health benefits cost reduction, zero cost processing, and more. Blue Coast Savings, with over 20 years in business, assists Savings Consultants in helping these companies move toward more profitable businesses.

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How to Keep Your Consulting Business Safe & Secure with Gary Peace: Podcast #199

Consulting Success

With everything online, it’s easy to be paranoid over privacy. It’s important to secure your business. You’ll never know if someone is watching you online. Maybe you opened a malicious email and you get hacked. Or a stranger who added you two weeks ago could just be using you for more information. Information and credentials. How to Keep Your Consulting Business Safe & Secure with Gary Peace: Podcast #199 is a post from: Consulting Success.

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8 Step Guide to Prepare for the GMAT

Tom Spencer

If you have decided to pursue an MBA, then taking the GMAT is an unavoidable part of the process. The Graduate Management Admission Test is a very challenging exam divided into 4 sections: Integrated Reasoning, Analytical Writing Assessment, Quantitative Reasoning, and Verbal Reasoning. Your GMAT score will range from 200 – 800, calculated solely based on your scores in the Quantitative Reasoning and Verbal Reasoning sections.

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How to Get a Business that Looks and Feels like You [Behind-the-Scenes Tutorial with Betsy & Jen]

Consulting Matters

Want an online image that reflects the depth and power of what you do and establishes you as a premium brand? I sure do! Last week I relaunched my website, which reflects the biggest changes to my business (even bigger than when I left Disney to start my own consulting business. In this week's tutorial video, my partner Jen Hamilton and I take you behind the scenes of this total website and brand makeover and how Jen and I together got to a place of owning our unique niche in the business mentor

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Tips for Effectively Converting Your Live Training to Virtual Training

Clarity Consultants

While vaccine rollouts are continuing and many areas are working through re-opening processes, gathering in large groups is often discouraged. Since live, in-person training typically involved sizable classes, they continue to be less-than-ideal in the current landscape. As a result, companies increasingly need options for effectively converting live training into virtual training, ensuring their workforce can access crucial materials safely.

Training 124
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TOOLS and METHODOLOGIES for developing DECISION SUPPORT PACKAGES

This White Paper targets opportunities for Management to develop proficiency in the Decision Framing and Analyses element of input to Decision, & Risk Analyses for Major Project Funding Decisions.

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Step 0: The Prerequisite for Your Consulting Firm to Win More Business

David A Fields

Your hard work on business development and some good luck resulted in big opportunities for your seed optimization consulting firm: potential engagements with Worldwide Walnuts, Paramus Pecan Co, and NoNutz.com all at the same time. But, somehow none of those opportunities blossom into closed projects. Why? You may have a “Step 0” problem. If you’ve … Continued.

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Leadership Tip 12: Focus on Effectiveness, Not Efficiency

Johanna Rothman

Many of us focus on how efficient we can be. Many of our organizations want to maximize our output for every minute and hour of work. However, if we focus on effectiveness first, we create better outcomes for everyone. We don't waste time working on things that don't matter. An Example of Moving from Efficiency to Effectiveness. Danielle, a director, saw the effects of this problem.

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Consulting for Creatives: How to Build a Creative Consulting Business with Bobby Gillespie: Podcast #198

Consulting Success

What is the first step to building a creative consulting business? Learn how to find motivation within yourself. Michael Zipursky’s guest in this episode is Bobby Gillespie, founder and President of The PROPR Design. Bobby shares with Michael how people were questioning his move when he left his last job. Even his parents were unsure, Consulting for Creatives: How to Build a Creative Consulting Business with Bobby Gillespie: Podcast #198 is a post from: Consulting Success.

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Risk Management Concepts

CaseInterview.com

One of the most useful things I learned when I worked at McKinsey’s Financial Institutions Group was understanding risk. It was a concept that I did not fully grasp before working in risk-based industries like consumer lending. However, once it was explained to me, it made total sense. A decision with unknown variables has risk. Risk is the same as uncertainty.

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Why You Need to Use Case Studies in Sales and Marketing (and How to Start Now)

Case studies are proof of successful client relations and a verifiable product or service. They persuade buyers by highlighting your customers' experiences with your company and its solution. In sales, case studies are crucial pieces of content that can be tailored to prospects' pain points and used throughout the buyer's journey. In marketing, case studies are versatile assets for generating business, providing reusable elements for ad and social media content, website material, and marketing c

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Managing a Leadership Mistake through 6 Phases for Recovery

Rick Conlow

A leadership mistake can be deadly, especially when ignored by the manager. Regardless, other people notice. Any manager faces the path of navigating the expectations of others as well as identifying and managing their own when a mistake happens. Most leaders have teams to inspire, goals to accomplish and results to drive. It is hard for managers, who generally have higher profiles, to conceal their oversights and shortcomings.

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Updated Corporate Training Is Absolutely Essential as Your Employees Return to the Office

Clarity Consultants

As the pandemic wanes, many employees are beginning to return to offices all across the country. This is marking a period of transition. Leaving a remote work arrangement and coming back to the office means dealing with distractions that aren’t present at home. Plus, concerns about a pandemic resurgence still weigh on the minds of many. At times, the stress.

Training 109
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Is Your Business Ready for an Open House?

Leadership Planning with Liz Weber CMC

For most individuals who have shopped for a home, the experience of touring various homes is enlightening. There are invariably homes that we view that are over our home purchase budget. There are homes that are under our budget. And, there are homes that fall within our budgeted range. Typically those well above our budgeted range have more space, higher quality and more amenities than we’ve asked for or had even considered!

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Agile Approaches Offer Strategic Advantage; Agile Tools are Tactics, Part 2

Johanna Rothman

So when does it make sense to customize your agile approach to gain a strategic advantage? Whenever you have a unique problem to solve that's strategic to your business. Let's start with a couple of examples. Example 1: Startup/Small Organization with Few Products. SmallCo has revenue of about $30Million a year. They offer their product in two versions: Pro and Lite.

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The Art of Remote Collaboration: How to Successfully Whiteboard with Remote Teams

Just because we're working with a distributed team doesn't mean we have to abandon time-tested tools and methods like whiteboarding. Digital look-alikes often cramp creativity and all but eliminate the humanity of shared interactions. Hardware solutions are also limiting and, of course, expensive and immobile. In an increasingly digital and remote-first world, it’s important for us to select tools and processes that allow us to mitigate if not eliminate the above problems.