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Kennedy Corner

  • »The New War For Talent
    When a meteorite blazed through the morning skies of central Russia in mid-February and exploded, the news media described it as a rare event. And it was. Fast forward one month and just about every government in the world is looking at the potential for a "rare event" to visit their borders, and wringing their hands over how to prepare for it.
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  • »The Market Always Finds a Way
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  • »2012 in Review, and a Look Ahead
    Looking back, several market forces propelled global consulting demand, causing firms and clients to undertake larger and more ambitious engagements than in recent years. The rapidly changing nature of client needs and the continued evolution of provider capabilities converged around some key themes.
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  • »Kennedy Corner: Change Management; Easier Said Than Done
    Business leaders have an arsenal of management tools at their disposal ready to deploy for almost any business need, from boosting revenues to increasing efficiencies and managing risk.
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Travel Advisory

  • »Hilton’s Building Boom
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  • »Extended Stay America Serves Up Free Breakfasts With ‘Grab and Go’
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    Furnished Quarters was awarded the CARTUS Global Network’s Commitment to Excellence Award for the third consecutive year.
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Book It!

  • »Excerpt: Finding Your Firm’s Growth Engine
    The following is an excerpt from Leading Firms: How Great Professional Service Firms Succeed & How Your Firm Can Too by David C. Kuhlman. In the book, Kuhlman distills 25 years of
    experience advising senior management at some of the world’s most prominent consulting firms. This excerpt from Chapter Six: “The Growth Engine” explores two of the key factors driving growth in the most successful firms.
  • »Excerpt: The Online Marketing Revolution
    The following is an excerpt from Online Marketing for Professional Services, a thought-provoking and practical approach to online marketing by authors Aaron E. Taylor, Sylvia Montgomery, Sean T. McVey and Lee W. Frederiksen.
  • »Review: Tipping Sacred Cows
    We all have those sacred cows at work, but these nuggets of advice, in practice, can lead to career-limiting unintended consequences.
  • »Review: Playing to Win
    If strategy is about creating a competitive advantage that allows a firm to win, then pinpointing your strategy to just a few choices will dramatically increase your chances of success.
  • »Review: Seeing the Big Picture
    According to Kevin Cope, founder of Acumen Learning and author of Seeing the Big Picture, all companies are driven to success or failure by the same five simple drivers—cash, profit, assets, growth and people
  • »Review: Get Lucky
    As the pace of change accelerates and the volume of information explodes, everyone is under great pressure to connect with the people and ideas we need to thrive.
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  • Consulting magazine Intelligence Reports: Key Drivers of Staff Attrition and Retention
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Consulting Magazine Intelligence Reports

Key Drivers of Staff Attrition and Retention 

Staff retention is the biggest threat facing your firm’s ability to thrive in the current consulting recovery. And knowing what drives each of your professionals and what you can do to make their work satisfying informs your allocation of scarce retention resources.
Consulting magazine’s Key Drivers of Staff Attrition and Retention report will refocus your internal planning by providing key insights into what drives consultant job satisfaction at each of five staff levels and identifying what causes each to stay or leave their current firm.
The report’s approximately 40 charts detail voluntary consultant attrition based on 18 different components of job satisfaction, including:
  • Compensation — base salary and bonus satisfaction
  • Career Development — satisfaction with the commitment to training and the actual number of training hours
  • Client Engagement — does the firm make a positive client impact and meet clients’ needs
  • Firm Culture and Morale — ratings of and the satisfaction consultants have with their mentor
CMIR Retention Reports
Key Drivers of Staff Attrition and Retention is available for each of five specific consulting service areas, giving you exact analysis to meet your retention goal at your specific type of consultancy:

IT Consulting

HR Consulting

Strategy Consulting

Financial Consulting

Operations Management Consulting
  • Leadership Confidence — are their leaders competent and effective
  • Work/Life Balance — satisfaction with the firm work/life arrangements and the amount of travel
Methodology and data details:  Each Key Drivers of Staff Attrition and Retention report focuses on consultants at small to mid-sized firms (those with less than $100 million in annual revenue) in one of five service lines: IT, strategy, operations management, HR and financial/business advisory services. Data is derived from a proprietary study of over 2,000 consultants, with findings validated and confirmed through supplemental interviews with consulting firm leadership.

Additional Services:
Detailed custom analysis is available on the data used in Key Drivers of Staff Attrition and Retention. Giving you a very fine level of detail, this service allows for direct benchmarking of your firm's retention and engagement strategies against peer consultancies.
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