7 Key Stages of a Consulting Project

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So, you’ve impressed the client with your proposal during the RFP process and received the green light for the consulting project. Now comes the difficulty of actually starting the process of gathering information, compiling data, and discovering insights which will drive value for the client.

Internal versus External Consulting – Advantages and Disadvantages

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Internal versus external consulting:is there a significant difference between the two? Business leaders who are in the position of building a team of internal consultants or hiring external consultants (and acting as a client) should evaluate the advantages and disadvantages—whether deserved or not—when deciding between the two models of consulting.

Consulting Skills In The Digital Economy

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Cultural integration is key to digital transformation efforts. Lack of cultural integration is a pervasive issue for consulting firms on the digital transformation journey. A 2017 study by Prophet consulting found that cultural barriers were one of the top three challenges for digital transformation initiatives.

8 Things Top Consulting Firms Do Differently

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Each year, Vault.com releases its ranking of the Top Consulting Firms, known as the Vault Consulting 50. This annual ranking asks current consultants to rate their perceptions of industry peers as well as their own firm on various metrics such as prestige, culture, and work-life balance. Major swings occur in rankings from year to year, but as a firm climbs to the very top of the list, the change becomes relatively stable.

Three C’s of Big Data That Consulting Firms Should Focus On

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While big data consulting has become more mainstream than it probably was five years ago, there is still untapped opportunity for consulting firms to specialize in this field. From the success stories of top consulting firms, however, it is evident that these firms approach the process of big data consulting differently.