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»The Water’s Nice; Jump In
The market for new market entry strategy consulting is about resources and incentives. It’s a not too hot, not too cold, but just right equation.
»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.
»Here Comes Patient-Centric Health
U.S consumers are accustomed to choices. We often take for granted our ability to select products, price points and preferred channels. Why, then, do we as patients expect anything less from our healthcare providers?
»The Market Always Finds a Way
In the 1993 Steven Spielberg film Jurassic Park, the protagonists discovered at one point (to their horror) that the island’s dinosaurs, which had all been created the same gender, had somehow managed to reproduce. “Life always finds a way,” muttered Sam Neill’s character Dr. Alan Grant.
»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.
»Change and Collaboration—The Rx For a Healthy Life Sciences Industry
For many of us in the U.S., it’s time to update healthcare benefit selections and learn of new or revised healthcare insurance plan offerings, options, and features. In many ways, the change and complexity we face as end users reflects the upstream challenges facing the healthcare industry at large.
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»FAA: ‘Staffing Challenges’ Causing Delays
In case you haven’t noticed, non-weather related delays at U.S. airports are on the rise. (And I know you’ve noticed that weather-related delays are definitely on the rise.)
»Hilton’s Building Boom
Coming off a whirlwind 2012, Hilton Worldwide is the fastest growing global hospitality company by number of rooms.
»Extended Stay America Serves Up Free Breakfasts With ‘Grab and Go’
Extended Stay America launched a new Grab and Go Breakfast program, which is available seven days a week from 6 a.m. to 9:30 a.m. at all of its more than 600 locations.
»Homewood Suites Survey: Comfort is King
A new survey of frequent business travelers found that they want more room to spread out, the ability to maintain a normal routine and opportunities to interact with business associates and fellow travelers.
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»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.
»Seven Small Jewels, 2011
Every year, it seems, the stories of the Seven Small Jewels get more inspiring.
And this year is no different. More than 50 firms threw their hat in the ring for a chance to be called one of the Seven Small Jewels in 2011. The stories of the seven winning firms—as well as Seven To Watch—are highlighted over the next 10 pages.
More than anything, what unites the 2011 Seven Small Jewels is the desire to bring change. They are bringing a new energy, a new spirit, a new enthusiasm and are setting a new standard for the entire profession. They are affecting change not only for clients, but also inside their own organizations, and thus, tilting the playing field in their favor. But don’t take our word for it; the numbers do all the talking.
Check out all the new hires these firms are adding to the ranks, and their revenue growth is enough to make even the most successful large firm blush. Their impassioned commitment to a fresh way of thinking is having a profound impact on the entire profession. No longer content simply surviving, these upstarts are hell-bent on thriving. And they are.Small Jewel Nominees Grew Revenue, Headcount By About 40% in 2010
While the overall consulting market may be experiencing only modest, low single-digit growth, a sizable number of small up-and-coming firms are growing rapidly.
This year, more than 50 firms were nominated for Consulting
’s annual award. The average growth rate for the group was a staggering 38 percent in 2010 and, in aggregate, they say they are on pace to match that rate in 2011. In fact, excluding HR consultancies (the segment of the market that was slowest to come out of the downturn), the weighted average revenue growth of the other four service lines was 43 percent in 2010.
The best of the small-market firms are investing in future growth; headcount was up by more than 40 percent in 2010 and is expected to climb by almost 50 percent in 2011.The 2011 Seven Small Jewels:
- The Avascent Group
- Gnarus Advisors