Most IT systems are planned for 5+ years but the employees required to keep this system running have a half-life of much less than that. This brings home the inevitable reality of having to transition the project/product/solution possibly multiple times during its lifespan. The IT industry is plagued by steady growth, which means lots of options […]
The connected car solution is a group of applications that deal with the scenario of a car connected to the internet. This is usually achieved through GSM, LTE, WiFi or Bluetooth. Devices that connected to the on-board diagnostics port of the car (OBD II ports) can provide vitals on the car like fuel consumption. Accelerators can […]
This article is a continuation of our series (part 1, part 2) on entrepreneurship in the enterprise. This specific one deals with HOW to go about doing that. Below is a set of specific recommendation that can help consulting firms looking to make their teams: contribute to the top line take ownership of BUSINESS problems […]
Most companies would like their managers to take on more responsibility, help with the company’s top line and take ownership of what they deliver, in essence wanting them to be entrepreneurial within the structure of the organization. Several factors differentiate an entrepreneur from a corporate manager. The differences between the two can help develop an […]
Most consulting firms have several key partners that contribute to the company’s top line. Unlike other businesses, consulting firm’s reliance on these partners is extremely high and keeping them happy and maintaining a sense of fair compensation becomes central to the survival of the business. We enlist a few of the most popular compensation models […]
All management consulting firms, big and small, want to utilize their resources optimally. However, most don’t want to invest the time required to actually find out about ways in which it can be done. The first step however, is the easiest: improving their return on assets. For this they don’t have to do anything new. Here […]
One of the key factors in choosing partners is partner size. The size of the firm will usually determine the depth of their specialization, their price, their eagerness to work with you. Fortune 500s have recently seen a move away from large players largely because of their rigidity and due to challenging economic conditions. Reasons […]
Business growth generally has to do with progressively improving assets of the company. Assets being the things that earn the company money. Consulting businesses are no different except that the key assets are not as clear to see. Two key assets of the firm are 1. Net Skill of the employees in the organization 2. […]
Trusted advisors are always very hard to find, sometimes the sources are not reliable and sometimes they are not good enough to figure out and solve your IT outsourcing problem. Hence, before looking for the best, be ready to do a thorough research before hiring somebody.Use LinkedIn as a reliable source: LinkedIn is a business-oriented […]
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