Determining How Much to Charge for Consulting
Think about the value of your work when it comes to your consulting fees. There are a variety of factors that can affect the scope of your work and how much you should charge. What's the Scope of the Work Your specialization will also affect the type of work that...
Consulting Insights: Navigating Leadership Changes
Everyone experiences the challenges of transitioning into new leadership roles. However, changes don't have to be disruptive or taxing in a corporate setting. Transitioning into a new role is a critical stage in a company's existence and should be handled carefully....
What Executives Want from Business Consultants
In 2019, a study surveyed 150 executives to understand their top priorities and challenges better. They were also asked about their views on the various aspects of management and strategy. The results of this survey offers some great insight into the motivations and...
Consulting Insights: How to Problem-Solve in Business
Although everyone has problems at work, how we approach them and solve them will determine how well we can get through them. The basic steps to solving business problems are similar to those used in our private lives. Before we can start working on a problem, it's...
A Typical Day in the Life of a Business Consultant
There are many anecdotes about the hectic schedules of corporate consultants. Many try to tell their clients that they need to stop worrying about their private lives if they want a fancy lifestyle and a good salary. Before thinking about a career change to business...
How to Juggle Multiple Consulting Projects
Consultants often feel like they have to carry out too many tasks simultaneously. This is why it can be very challenging for them to keep up with the demands of their role. While large organizations can hire full-time project managers, smaller businesses often need...
Consulting Insights: How to Implement Culture Change
No one knows how the workplace will change in the next decade due to various factors such as climate change, technological advancements, and globalization. However, one thing is sure: culture change is inevitable. The goal of change is to acknowledge that what worked...
Consulting Insights: Guiding a Team Through Process Changes
Every change in the business environment is a challenge that requires leaders to step up their game. Whether it's a merger or a new way of doing things, managing a team through a change can be hard. Having the proper resources and strategies to lead a successful team...
How to Network as a Consultant
The management consulting industry is very competitive. Each year, thousands of people apply to various top consulting firms such as Bain, McKinsey, and BCG. Historically, only around 1% of these individuals get offers. One of the most challenging aspects of the...
Knowing When a Consultant Could Help Your Business
As a business owner, there are many scenarios in which hiring an experienced business consultant can be immensely helpful. Having someone with this level of experience can help you navigate the many uncertainties that come with running a successful business....