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Key Technology Trends in the Construction Industry in 2024

Epicflow

At present, the construction industry is undergoing a substantial transformation. Read further to learn what construction trends are going to shape the industry in 2024, and how it’s expected to address current challenges and ensure sustainable growth. Other Construction Management Trends and Challenges in 2024 1.

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How to Understand Key Metrics in a New Industry

Tom Spencer

These numbers were used to describe the health of a business or industry, to identify trends, or point out top performers. To help me understand these new numbers I use analogies based on my initial training to help me understand a new industry. They have an operating budget based on the amount of their grant.

Metrics 88
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How to Figure Out Your Consulting Bill Rate

Successful Independent Consulting

Was it at a big firm with formal training (for example Deloitte, Bain & Company) or did you learn on the job as an internal resource with a company? If the latter, was it a company that provided access to training like General Electric, or a small to midsize firm? Client’s industry — Who is your target market?

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Force Multiplier Effect: 2 + 2 = 5

CaseInterview.com

Many militaries refer to the concept of a “force multiplier.” This refers to a fighting force whose impact is magnified in some way, shape, or form. For example, special forces often conduct operations at night, in the dark, using the element of surprise. When things are written down, you can train new staff much more quickly.

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Book Review: Four Types of Problems

Markovitz Consulting

In that regards, it’s an excellent reference book that belongs on every bookshelf. Identifying the root causes of a problem that prevent something from operating as it should. Innovation that seeks to fundamentally change how something operates. The title of Art Smalley’s new book, Four Types of Problems , is misleading.

Tools 150
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Sometimes Doing the Right Thing Involves Risk

Harmonious Workplaces

Despite putting my own psychological safety at risk over Teams and physical safety at risk later meeting in person with an executive who refers to himself as “the devil” and a “scary dude” and who wields a pistol in the office, I feel I did the ethical thing: It prevented harm to others. References Holiday, R. The Obstacle Is the Way.

Ethics 98
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What Skills Do Firms Want in Aspiring Consultants?

Tom Spencer

Leadership” does not refer to being bossy, demanding or uptight — in fact, these would tend to backfire and turn clients and colleagues off. Even in day to day scenarios like team meetings, conflict resolution, and decision making, good leadership is essential to ensure smooth operations within the firm.