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 [...]
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 [...]
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 [...]
A small management consulting firm would do well by partnering with another business in order to expand the firm, gain more market share and increase revenue. A partnership helps the consulting firms earn greater revenue is several different ways. 1. Economies of Scale By joining as a partnership, [...]
Most of the large Management Consulting firms around the world have strategic partnership relationships that either supplement or compliment what they do. Larger firms can build divisions with strategic partnerships but smaller Management Consulting firms need to work actively on building partner [...]
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