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#706: Build Innovation Into Your Consulting Practice

Posted By Mark Haas CMC FIMC, Monday, November 28, 2011
Updated: Monday, November 28, 2011
I know that my consulting practice should be changing as fast as the businesses of my clients. I just don't have time to create new lines of service. Any ideas how to put a little more innovation into my practice?

Good question, and one many consultants don't ask themselves. Whether you call it staying fresh, ahead of the curve, or innovative, consultants must constantly create new value. Let's talk about how.

Your inspiration for innovation should come first from your clients, and those organizations you wish to serve. They are either in need of new services or are actually asking you for additional services. Be attentive to their needs and discuss possible new services with them. Be aware that your innovation can come from processes, technologies or culture, and it can be about how they do business or about how they are served by you or others.

The second source of innovation is from your colleagues and from consulting conferences. Members of your network are providing services that, with a few adaptations, could add to your own. Find a collection of consultants with diverse practices who discuss trends in consulting and are also looking to innovate. Conferences like Confab are great places to meet with senior consultants with whom you can develop new areas of interest and potentially team.

Tip: However you decide to innovate, do it through a steady process, whether you develop new areas of practice or are tweaking current ones. Take one of your primary services and spend a month improving it. Find a more effective way to describe your service to prospective and current clients (this might give you some ideas about what areas of value might be missing). Work on delivery mechanisms, taking advantage of new analytical technologies, communication approaches, or adult learning research. Ask colleagues for examples of how they provide similar services. Finally, ask your clients how you could improve your service - they will probably appreciate being asked, since so few consultants do so. Work on innovation; don't just wait for it to happen.

© 2011 Institute of Management Consultants USA

Tags:  efficiency  innovation  market research  process  product development  quality  technology 

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