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#693: What is Your Consulting "Killer App?"

Posted By Mark Haas CMC FIMC, Wednesday, November 09, 2011
Updated: Wednesday, November 09, 2011
If many of the services a consultant provides (e.g., assessments, process reengineering, market research) are increasingly commoditized, and the pace of change in most industries renders "long experience" less valuable, what is left to the professional consultant to differentiate their services from any other consultant?

Every discipline, business and individual has something that differentiates it from its competitors. It could be the unique value proposition, the proprietary technology or the brand. Given the nature of the profession and the implied value of creative, customized service, the equivalent for a management consultant might be called the "killer app."

The definition of a killer app (applied to computer programs) is a program or element of a program that makes it indispensible to the operation of a larger program or a "must have" product that compels purchase of the platform on which it resides. Bill Gates described Internet Explorer as a killer app in that it was so useful that it would induce people to buy Microsoft products. In the same sense, consider consultants who have a similar service, database or capability that is so powerful that it compels clients to seek them out - despite the fact that most of their services are indistinguishable from those of other consultants. The platform is your suite of consulting services, among which is your killer app.

This is a similar to a strategic competitive advantage but does not have to be as grand in its scope. Since clients are selecting from your suite of (largely intangible) services, they are looking for some (marginally tangible) service they can relate to and appreciate as unique and valuable. In this sense, your whole practice does not have to be superior, just one or two compelling items.

Tip: Find (at least) one service, asset, capability, set of data or infrastructure that you have created, that few others could duplicate, and that you know is an easy sale to clients. This establishes your services as high value, making offering additional (non killer app) services easier and giving you a position of relative strength to negotiate their value.

© 2011 Institute of Management Consultants USA

Tags:  competition  consulting skills  consulting tools  innovation  intellectual property  knowledge assets  presentations  product development  prospect 

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Raymond W. Suarez CMC says...
Posted Wednesday, November 09, 2011
Insightful and helpful, Mark. Thank you!
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