Successful Independent Consulting

APRIL 27, 2022

If you refer to yourself as a freelancer or consultant, what does that imply? By contrast, professional independent consultants operate as microbusinesses. Freelancers use artistic or technical skill to generate work products. If you were a hotel chain, would you be a Motel 6, Courtyard by Marriott, or a Ritz-Carlton?

Consulting 195

Consulting Accenture Hotels Nonprofit 195

Wakeman Consulting Group: Dave's Blog

FEBRUARY 6, 2023

I’ve had several reader and listener questions on price that I have been wanting to record responses to…today, I’ll answer one submitted: The question is: What are my thoughts on when a business should or shouldn’t compete on price against competition with a similar/same product?

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Sales Retail Productivity Examples 59

Harmonious Workplaces

DECEMBER 27, 2023

However, I have found that the best results came from working with highly motivated, strongly competent, and extremely ethical recruiters who own and operate small businesses. However, I found some very strong recruiters whom I trust when I refer business to unemployed and underemployed people. References Allen, D., & Vardaman, J.

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Recruiting Recruitment Meeting B2C 98

Tom Spencer

SEPTEMBER 29, 2023

In the early days of computing, user interfaces were clunky and difficult to navigate, often requiring technical expertise to operate. They collaborate with multidisciplinary teams, including UX designers, UI designers, researchers, developers, and product managers, to craft applications that meet user needs and expectations.

Software 88

Software Efficiency Development Engineering 88

Tom Spencer

APRIL 1, 2017

Most of us work pretty hard to ensure an even schedule throughout the working week: five or more days of calm, measured – if industrious – productivity. Taking even a 30 second break can improve your productivity by 13% – so it is worth doing, even if your logical mind reckons that working straight through will get more done.

Productivity 68

Productivity How To Energy Exercises 68

Harmonious Workplaces

JANUARY 25, 2024

Merging insights from leading consulting firm McKinsey, academic journals, and contemporary cultural references like Ted Lasso , this blog explores the multifaceted nature of leadership to which many, if not most, organizations may wish to aspire. References Allas, T. & However, the behavior of the team told a different story.

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McKinsey Sports Ethics Leadership 98

Epicflow

FEBRUARY 8, 2024

Leveraging Cutting-Edge Technologies Under current conditions of economic turbulence, workforce shortage, and supply chain disruptions, manufacturing organizations should work towards increasing the efficiency of their operations, achieving business agility and resilience. Here are some of the examples. AdvancedTech. Industry 4.0.

Trends 52

Trends Talent Deloitte Efficiency 52

Asamby Consulting

JULY 5, 2022

This article is the third of a series of posts on how to build a company "operating system", the infrastructure that functions as a backbone of your most common tasks and daily activities. Which team members are most productive? This allows you to answer questions like: Which departments are overworked? Where should we hire/outsource?

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Company How To Tools System 98

1 to 1

AUGUST 9, 2021

That’s why it’s critical to keep both front and back office operations running smoothly and effectively. 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. Learn more.

Efficiency 26

Efficiency Productivity How To Operations 26

Tom Spencer

DECEMBER 14, 2019

Companies are changing the way they operate by leveraging internet and cloud services. A private cloud refers to cloud services maintained on a private network and used exclusively by one organization. The term “community cloud” is sometimes used to refer to a private cloud that is shared with several organizations.

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Software Retail Data Operations 78

Asamby Consulting

MARCH 31, 2022

In which allows him/her to focus on more important activities like strategy, product decisions or founding rather than more mundane, but necessary, tasks like invoicing, customer service, etc. Standard Operating Procedures are the first solution to lack of processes). This process also happens because of business scaling.

Software 52

Software Operations System Efficiency 52

Tom Spencer

JANUARY 26, 2024

Inflation, which refers to a general increase in the price of goods and services, results in a reduction in the purchasing power of money over time. Businesses also need to pay more for inputs, like raw materials and labour, leading them to scale back production or further increase prices. Since 2008, the rate of inflation in the U.S.

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Policies Financial Benchmarking Groups 147

Tom Spencer

SEPTEMBER 10, 2021

They have an operating budget based on the amount of their grant. The productivity of a researcher can be evaluated using an index such as the h-index. In business, productivity and performance is often measured using financial ratios that can be used to compare firms across the industry. They have to use their resources (e.g.

Metrics 88

Metrics Industry Benchmarking How To 88

Tom Spencer

NOVEMBER 25, 2022

Many of the world’s thought leaders believe that data will unlock a huge transformation in the way that businesses operate and thrive in the 21st Century. The above statements encapsulate the promise and possibilities that data offers. Data Proliferation. Data Science vs Data Analytics.

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Data Trends Information Technology Information Technology 88

Harmonious Workplaces

DECEMBER 5, 2023

Everywhere you look online during the 2023 holiday season, you’ll see three things: A ridiculous amount of ads for products you don’t need or want… but might buy anyway. Delaying hiring or RIFs (reduction in force) means existing staff may be overburdened, which can lead to burnout, decreased productivity, and attrition in the new year.

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Recruiting Recruitment Talent Case Interview 96

Tom Spencer

FEBRUARY 16, 2024

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.

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Consulting Leadership Financial Data 78

Tom Spencer

SEPTEMBER 20, 2015

While you may not directly use the 7 S Model in the consulting case interview, it will give you a deeper understanding of how to examine the inner workings of an organisation, identify strengths and sources of competitive advantage, as well as weaknesses and reasons why an organisation may not be operating effectively.

McKinsey 60

McKinsey Case Interview Recruiting Recruitment 60

Business Consulting Agency

AUGUST 14, 2023

E-commerce, short for electronic commerce, refers to the buying and selling of goods or services over the internet. It encompasses various business models, including online retail, digital products, subscription services, and more. Will you sell physical products, digital goods, or offer services?

Financial 52

Financial Analysis Consulting Productivity 52

Epicflow

JULY 20, 2022

Sometimes, it’s rather difficult to predict whether a company will be capable of delivering a certain product or service, whether it’s reasonable to invest in this project, and how it will affect the current workflow. Will the delivered product/services be in demand on the market? Operational feasibility . Types of feasibility

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Study Management Resources Analysis 59

Tom Spencer

APRIL 6, 2019

Finding valuable insights: Structured and unstructured data sources can uncover patterns and relationships that reveal customer needs, expose system vulnerabilities and improve productivity and performance. Tailoring products to individual needs: Big data allows an organisation to narrowly segment customers.

Data 106

Data Consulting Agile Engineering 106

Organizational Talent Consulting

APRIL 10, 2023

Some of the many ways different business functions could begin utilizing generative AI in the workplace now are: Marketing and sales functions - writing sales copy and creating product user guides. Operations - improving customer service and identifying production errors and defects. References: Beckett, E. and Yee, L.

Engineering 77

Engineering Meeting Talent Video 77

CaseInterview.com

SEPTEMBER 15, 2020

First, the word “scale” refers to size. It is the notion that, as a company gets bigger, it is able to achieve cost savings through its “scale” or the size of its operations. It refers to a business having “just enough” size to be able to produce a product or deliver a service at a reasonable cost.

Efficiency 71

Efficiency Case Interview Interviews Resources 71

Tom Spencer

AUGUST 18, 2015

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. Value Chain Analysis involves identifying all of the important activities in which a company engages and then determining which ones give the company a competitive advantage.

Analysis 60

Analysis Case Interview Interviews Operations 60

Successful Independent Consulting

JULY 21, 2018

About two months ago, the California Supreme Court issued a unanimous decision in the case Dynamex Operations West Inc. Related video, “ Friends Don’t Let Friends W-2 ”*) Although this court decision directly affects only California companies, other states are likely to follow suit and use this ruling as a reference.

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Apparel Advertising Operations Consulting 150

Organizational Talent Consulting

NOVEMBER 28, 2022

Increased productivity. Intrinsic is doing something because it is inherently interesting or enjoyable, and extrinsic refers to doing something because it leads to a reward. Here is a short video from leadership and behavior management expert Dr. Daniels on productivity and the Premack Principle. References. Daniels, A.

Development 52

Development Leadership Study Video 52

Tom Spencer

AUGUST 29, 2020

When the COVID-19 crisis became evident in South Africa in mid-March, the South African government put strict lockdown measures in place, including school closures and store lockdowns which were accompanied by reducing the output of production facilities. Unfortunately, households are not the only ones feeling the brunt of NPI’s. Conclusion.

Marketing 103

Marketing Boston Consulting Group Government Transportation 103

Organizational Talent Consulting

DECEMBER 12, 2022

Recently economists have connected what is now labeled Quiet Quitting to a fall in US labor productivity output. Like me, you may have first learned about this company from their marketing campaign: "We don't make a lot of the products you buy. We make a lot of the products you buy better.". References. BASF at a glance.

Talent 52

Talent Handbook Chemicals How To 52

Steve Shu Consulting

APRIL 6, 2011

Some consulting partners explicitly discuss with client executives the notion of gradually winding down longer-term relationships over periods of months (versus days or weeks) so that business and operational needs are met. And your “ex” may actually refer you in this case.

Consulting 258

Consulting How To Meeting Development 258

Johanna Rothman

SEPTEMBER 5, 2018

Flow efficiency can help create and reinforce a product culture.). A cross-functional team who manages the project portfolio for their part of the business, for a product line, for an organization. As part of the regulatory/governance/operational team at the senior level of the organization, if your org has one of those teams.

Efficiency 84

Efficiency Culture Agile Productivity 84

Consulting Matters

JANUARY 29, 2020

In the past you operated in a compensation model where you do work and then get paid. Now you're operating in a return on investment model where you invest your money, time and talents in your business with the expectation of a return. They may ask you to coach a leader who is interfering with the happiness of the production team.

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Consulting How To Talent Training 177

Harvard Business

DECEMBER 13, 2017

Because I teach a course on Product Management at Harvard Business School, I am routinely asked “what is the role of a Product Manager?” ” The role of a Product Manager (PM) is often referred to as the “CEO of the Product.” Aron Vellekoop Len/Getty Images. Core Competencies.

Productivity 28

Productivity Management Engineering Case Interview 28

Makarios Consulting

FEBRUARY 8, 2024

The GWC tool from the Entrepreneurial Operating System ® (EOS®) has three parts: Does the person Get It? Capacity refers to the demonstrated ability to do the job at a high level of execution every day. Feedback is much more than just saying to someone, “You need to improve your productivity” or “You need to get on the ball.”

Metrics 98

Metrics Examples Tools Operations 98

Rick Conlow

JANUARY 2, 2023

Dancing here refers to engaging, supporting, and communicating with employees in multiple ways. They operate in a bubble and do not attend the party. By not dancing, CEOs cost their companies billions of dollars of lost employee innovation, productivity, and customer service. Among CEO top priorities are sales growth and profit.

Emotional Intelligence 88

Emotional Intelligence Study Leadership Finance 88

Epicflow

JULY 12, 2022

The primary goal of becoming a data-driven organization is to improve decision making, which in turn will provide customers with better products or services and as a result increase profitability and facilitate business growth. . Culture in this case refers to people, processes, and change management. References . Rowshankish.

Data 96

Data Analysis Efficiency Survey 96

Harmonious Workplaces

OCTOBER 24, 2023

I did this while attending UChicago and picking up extra cash cleaning industrial carpets, being a production artist for GES Exposition Services during the summer, or working a Blockbuster. I also handled recruitment, payroll, inventory management, and other store operations. References De Botton, A. The School of Life.

Hotels 52

Hotels Training Training Exercises 52

Organizational Talent Consulting

MARCH 7, 2022

The financial and operational rewards for innovation are significant. improved operational productivity. An empirical study of over 800 organizations found that effective innovation characteristics are not the same for product innovation and process innovation. References: BCG. reduced costs and increased revenue.

Culture 52

Culture Boston Consulting Group Leadership Recruiting 52

Tom Spencer

FEBRUARY 9, 2019

I am referring to volunteer consulting programs formally organized via a graduate program. Volunteer consulting does not refer to project-oriented classes or case competitions. I saw that my guides’ firm operated extensively from pre-established business model templates, which built the baseline of work product.

Consulting 74

Consulting Recruiting Recruitment Case Interview 74