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 […]
I’ve been running a technology incubator for a few years now. We have people on staff (employees) and independent consultants and entrepreneurs who are doing their thing. I end up comparing them in terms of their net earning, their attitudes and their beliefs. Below is a little synthesis of that. Higher Risk = Higher Reward: […]
Pakistan has a vibrant software industry. While PASHA has specific stats on how quickly the industry is growing, as someone on the ground the indicators of growth are very clear. We started about 7 years ago as a company and felt that (as one friend put it), “operating a business here is Jehad”. I list […]
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, the firm can order in bulk as […]
Most mid sized management consulting/business consulting firms face several challenges soon after their inception. Its generally one or a few principals that start the company off and have an already established base of clients. Soon after the initial momentum runs out though the following issues arise: How do find new clients How do they retain […]
Whether telecommuting or freelancing, more and more professionals are trading in the cubicle for the home office. We hear all about the perks of the work from home lifestyle — no long commutes, more time with family, conference calls in pajamas, etc. But what about the challenges? It’s not always easy to stay productive in […]
I’ve been searching for some good ASP. Net based open source bug tracking systems. I came across a system named Gemini which is a beautifully designed system with pretty good features in it. Although it is good and full of features but its free version is limited to only 3 users with 180 days period. […]