August, 2015

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Please take a quick, 30-second survey for my book – Inside Nudging

Steve Shu Consulting

I am writing a book for management professionals and those interested in implementing behavioral science (which includes behavioral economics and finance) in business settings. Situations include the incubation of innovation centers, behavioral science overlay capabilities, or advancement of existing organizations. I’d love your input on what challenges you see and what you’d like to see addressed!

Survey 183
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How Do You Warm Up a Cold Consulting Prospect?

David A Fields

A consultant asked me the following question: How do you warm up a prospect? For instance, I’m trying to create a connection with the Executive Director of a trade association, but I don’t have a relationship with her. What would your advice to this consultant be? How have you successfully warmed up cold outreaches? Please share your thoughts below.

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Job Hub: Tesla Motors Jobs and Culture

Management Consulted

Today we highlight tremendous business analyst and post-consulting leadership jobs at Tesla Motors. Tesla Motors is an American company that has made waves in the car industry, so much so that General Motors then-Vice Chairman Robert Lutz said in 2007 that this company’s car inspired him to push GM to develop the Chevrolet Volt. . In an August 2009 edition of The New Yorker, Lutz was quoted as saying, “All the geniuses here at General Motors kept saying lithium-ion technology is 10 y

Culture 122
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Chipping at Your Workload, One Message at a Time

The Clever Consultant

When you’re feeling overworked and there’s too much on your plate, it might help to separate the real work from the follow-ups. A lot of drama, anxiety and procrastination comes from open communication loops – emails we need to send, phone calls that should be made, or in-person meetings that need to happen. Maybe you […].

Meeting 124
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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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Trust Based Business

Tom Spencer

I recently bought a coffee from Quarter Horse Coffee , my new favorite Oxford coffee house. Not having exactly the right change, I asked the friendly bearded hipster behind the counter whether they accept card payments. He told me that they accept payment by card, but they charge a 20P surcharge for amounts under five pounds. I hesitated for a moment, to which he smiled and suggested, “oh, don’t worry, if you want to save the 20P, just pay me when you walk by here tomorrow.” Th

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Inside Nudging: The Excerpts (release 1)

Steve Shu Consulting

If you are interested in the the management of behavioral science initiatives, the Introduction and Chapter 1 are now available for free in iBook format. More at www.InsideNudging.com.

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Will Clients Need You Over and Over Again? Yes, If…

David A Fields

Two laws govern your ability to win projects from clients today and in the future. The Law of the Amazon and The Law of the Amazon.com. Both laws relate to the “Need” pillar in the Six Pillars of Consulting Success The Law of the Amazon.com is: If you want a juicy passion fruit you type “passion fruit” in the search bar, press a couple of buttons and a dozen arrive in two days.

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Thinking Like a Consultant – Communicating Core Values

Management Consulted

Welcome to the next installment of our “Thinking Like a Consultant” series, where we are exploring thoughts, behaviors and mindsets of successful consultants. If you have’t read Part 1 or Part 2 yet, make sure you catch yourself up before reading on. As a consultant, or as any skilled professional for that matter, you should be aware of the the environment you are creating for yourself, both internally and externally.

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Sell Your Time, or Sell a Solution, But NEVER Both

The Clever Consultant

I’ll never forget the advice my delivery manager gave me 10 years ago when I worked on my first pursuit: “Either sell your time, or sell the deliverable. Never, ever promise both.” That turned out to be sage advice. If I had to write only one post on consulting contracts, this would be it. There […].

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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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How to Attend Conferences as a Businessperson

Tom Spencer

(Source: Cydcor ). This is a guest post from Archie Ward. Take responsibility for getting the most value out of the next conference you attend. By planning ahead and thinking strategically, a conference can generate sales, increase business, improve vendor relationships and initiate strategic partnerships. Going to a conference can renew excitement about the business, open up new avenues for the future and create lasting connections.

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40 Lessons Learned From Running My Business

Chad Barr

This week’s reflection point: Almost five years ago I wrote and shared my original Lessons Learned From Running My Business article, which included 40 lessons that have become quite popular among our readers. Since then, I have added 40 additional lessons, which I mentioned and have made available in this article. In the spirit of learning and sharing, here are 40 additional lessons learned: I’ve been fortunate to work with some of the smartest clients in the world.

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Guy Kawasaki: The Art of the Start 2.0

Women in Consulting

By: Kay Paumier. G uy Kawasaki, a Silicon Valley legend, spoke to a sold-out crowd at the WIC meeting last week about The Art of the St art 2.0. He spoke on the same topic soon afterwards in Australia. This article summarizes his main points. It’s a good review for those fortunate enough to be at the WIC meeting, and a good intro to the points for others.

Meeting 67
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How Do You Establish the Fees for a Consulting Project?

David A Fields

A consultant asked me the following question: I am working with a prospect and as part of the Context Discussion, we agreed on the risk adjusted value of a project. Now, how do I go about establishing a fair price for the project? Do I charge 10% of the value? Do I estimate the number of days and multiply by a daily rate? What would your advice be to this consultant?

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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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OC&C Strategy Consultants Interview and Culture

Management Consulted

OC&C STRATEGY CONSULTANTS INTERVIEWS & CULTURE . Today we continue our firm profile series with an in-depth review of OC&C Strategy Consultants. Founded in Paris, and containing the spliced DNA of other major firms it acquired along the way (Ernst & Young Consulting being the most notable), OC&C Strategy Consultants is a global player in today’s consulting industry.

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Stock Market Correction & Business Buy-Sell

Martinka Consulting

For the last nine to 12 months I’ve been writing and saying business owners have their heads in the sand. One of my common lines is business owners think, “Recession, what recession? These good times won’t end.”. Now I don’t think the economy is in big trouble but the stock market’s violent correction is sure to spook some people (especially those who bought high and panicked, selling low).

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Value Chain Analysis

Tom Spencer

(Source: Flickr ). Value Chain Analysis is another tool that may prove useful during the consulting case interview. It can be used to analyse the cost structure of a company as part of a declining profitability case, or to analyse the supply chain as part of an operations case. To understand which activities provide a company with a competitive advantage, either through cost advantage or product differentiation, it is helpful to separate operations into a series of value-generating activities re

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11 Ways to Promote Your Business Online

Chad Barr

This week’s reflection point: The question of how to promote your business online is a recurring theme I hear quite often. Three years ago, I wrote the article How To Promote Your Website when I shared 21 ideas of doing so. Today, I am going to change the angle slightly and focus on how to promote your business online. Here are my recommendations: Update your blog often since it is the ultimate repository of your intellectual property where you are able to share your insights, success stories an

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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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Are You Where You Wanted to Be?

Leadership Planning with Liz Weber CMC

Are you where you wanted to be at this point in the year with your business? Are your sales where you wanted them to be? Are your teams performing the way you wanted them to perform? Are your customers engaging the way you wanted them to engage? The post Are You Where You Wanted to Be? appeared first on Weber Business Services, LLC.

Sales 40
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Will Clients Always Choose the Cheapest Option?

David A Fields

A consultant called me with the following question: You say to always give a few alternatives in a proposal that increase in value. But if they build on each other– like, Phase I, Phase II and Phase III– won’t they just choose the cheapest one? How do you construct alternatives so that clients will choose one of the more lucrative choices?

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Cool Rules for More Compelling Storytelling

Henry DeVries

The most important element to include in a book or a speech that attracts clients are stories. But not just any type of story. Consultants and coaches need to share stories in which they are not the hero. The client needs to be the hero of the story. There needs to [.

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Ethics is a People Thing

Martinka Consulting

In the last year or so numerous tech companies, including Google, Yelp, Amazon, and LinkedIn have been accused of unethical actions. (I was especially appalled by the Wall Street Journal’s report about how Yelp blackmailed small business owners by removing positive reviews if they didn’t advertise.). There’s a lot of criticism of corporations and what they do.

Ethics 43
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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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Four P’s Analysis

Tom Spencer

(Source: Flickr ). Four P’s Analysis is a framework that may prove useful for solving consulting case questions. It can be used to evaluate the marketing strategy for a product. 1. Price. The pricing strategy that a company employs will affect its market share and profitability. There are three key pricing strategies to consider. Competitive pricing: How do prices compare with the competition?

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Juggling Connectivity

Chad Barr

This week’s reflection point: We live in an era of constant and instant connectivity. Over the past 15 years, our society has undergone a complete transformation in terms of basic interactions. It’s no surprise that the kids who came of age during this time period, the infamous Millennials, are known as The On-Demand Generation. These days, it seems that anything you want, you can get on demand—or at least in 1 to 2 business days, with free shipping.

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TEMPLATE Survey

Strategy+Business

The history of business is the story of entrepreneurs, executives, leaders, and employees, all of whom along the way add to the theory of management. For the 20th anniversary of strategy+business, we, the editors, decided to track the milestones of management history. This interactive catalog is the result.

Survey 28
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How Aggressively Should You Pursue an Introduction?

David A Fields

A consultant asked me the following question: A good client of mine (Bob) made an email introduction to someone (Sally) he thought would be a good prospect. I reached out to Sally but haven’t heard back. How aggressively should I pursue a meeting with her? What is your advice to this consultant? How often and in what way do you follow up with a new contact you’ve been introduced to?

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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.