|
|
Posted By Mark Haas CMC FIMC,
Monday, March 07, 2011
Updated: Monday, March 07, 2011
|
There are many times I have a solid lead on an engagement that just slips away. Everything seemed to be in place but something goes wrong at the last minute. Is this common? I can't speak to how common this is among consultants but it certainly happens when most of us pursue a goal, whether it be a business deal, athletic competition (consider the number of athletes who dropped out of the Olympics at the last minute due to injuries or illness), or other objective. We tend to chalk up the wins but dwell on the near misses (or near hits, as the case may be). Above my desk I have a poster of a painting by Charles Russell called Meat's Not Meat Til It's In The Pan. It shows a cowboy just after he has shot a bighorn sheep, anticipating a hearty dinner. However, the sheep has fallen off a cliff and is hung up on rocks below. Russell makes his point that sometimes everything can go exactly right, except for a small detail that prevents the outcome you expected. The meal the cowboy assumed he would be eating is now just out of his grasp. Most of us have had one or more of these happen to us in our careers. A CEO asks us to start work and the Board suddenly decides on a new corporate direction. Our facility modernization consultation is shut down by the client's market dropping off. And so on. Tip: The print is a constant reminder to not put any engagement on the books until work actually starts and you have a signed letter of agreement in hand. Meat's Not Meat Til It's In The Pan! © 2011 Institute of Management Consultants USA
Tags:
engagement management
marketing
practice management
proposals
sales
your consulting practice
Permalink
| Comments (0)
|
|
|
Posted By Mark Haas CMC FIMC,
Friday, March 04, 2011
Updated: Friday, March 04, 2011
|
Every so often in a client meeting I am asked to quickly summarize progress on an engagement and plans are for the coming week. Any tips to make these presentations go better? First of all, you shouldn't ever be caught by surprise by requests like these. Your client wants to be on top of his or her business. Effective consulting means understanding your clients, their situation, your project plan, findings to date, and where the engagement is headed. Here's one way to be sure you are fully prepared for a "spontaneous" project summary. At least every week (or before project team briefings), prepare a summary of your engagement. The specifics will depend on the nature of your client and the project but here are a few items you might include: - Overall client need and objectives
- Key project assumptions
- Work scope for this period
- Activities for this period
- Key findings to date and significance
- Emerging issues and uncertainties
- Recommended change in project scope and cost
- Requests for staff and information requests
Put this on a single sheet of paper and spend five minutes practicing your "spontaneous" briefing. Even if you never have to deliver it, this will help you sort out and clarify key factors driving you toward a complete and effective solution to your client's needs. Use this as a record of your project status, either for your own documentation or as a report to hand to your client. Tip: If you can't summarize the key elements of your project on one page, and to your client in just a few minutes, you may need to think more about what are the most important items to convey. © 2011 Institute of Management Consultants USA
Tags:
communication
consulting process
engagement management
practice management
presentations
proposals
Permalink
| Comments (0)
|
|
|
Posted By Mark Haas CMC FIMC,
Thursday, March 03, 2011
Updated: Thursday, March 03, 2011
|
Generation X and Y have their own approach to work that includes a task orientation, a focus on results and an eagerness for change. These sound like skills that companies value in consultants. Will Gen X and Y workers inherently make good consultants? Businesses highly value consultants who can "see the big picture," are adaptable, and are enthusiastic about managing change. Gen X and Y, with the same perspectives, do seem like they would make great consultants. But why? One aspect of this approach is the pervasive impact of video games. John Seely Brown and Douglas Thomas write, in The Gamer Disposition in Harvard Business Review's Breakthrough Ideas for 2008, that online multiplayer games create the exact skills most desired in today's knowledge workers. These are: - They are bottom-line orientation
- They understand the power of diversity
- They thrive on change
- They see learning as fun
- They marinate on the "edge"
Seely and Brown see these individuals as learning (from these complex, adaptive, interactive systems) a range of skills such as flexibility, resourcefulness, meritocracy focus, and innovativeness. If you are looking for consultants, think about Gen X and Y candidates. Tip: To develop your skills in systems thinking, adaptability, cooperation, decision making, innovation and stress management, think about participating in role playing and other interactive games. © 2011 Institute of Management Consultants USA
Tags:
demographics
innovation
learning
professional development
teaching/training
trends
Permalink
| Comments (0)
|
|
|
Posted By Mark Haas CMC FIMC,
Wednesday, March 02, 2011
Updated: Wednesday, March 02, 2011
|
I see other members doing a lot of non- compensated volunteer work for our association. Can this type of effort pay off? How do I get involved? Volunteering almost always pays off in both the short run as well as the long run. You will be amazed at the doors that will open and the opportunities that will arise from such a small investment of your time. Volunteering can provide a convenient way to develop a new skill or sharpen old ones. It gives you an opportunity to work with other talented folks, make new friends and enhance your professional network with additional valuable colleagues. You will also often experience a strong sense of accomplishment and will frequently receive recognition for your efforts. You will feel more a part of your organization, and fulfill your obligation to your profession, than you ever have. In short, volunteering is one of the best investments any consultant can make. Getting started often begins by simply asking an organization where help is needed (and where your skills might be best applied). Most professional associations are always looking for enthusiastic volunteers. Tip: Volunteering often provides you with something more important than a direct business payoff. You will learn, grow, and meet many great folks. Remember, though, to always approach your volunteering unselfishly, and always be as positive, productive, and giving as you are able. If you must have a "business case" for volunteering, consider how clients look at a service provider who doesn't think enough of his or her profession to commit time to supporting it. © 2011 Institute of Management Consultants USA
Tags:
networks
professional association
professional development
professionalism
Permalink
| Comments (0)
|
|
|
Posted By Mark Haas CMC FIMC,
Tuesday, March 01, 2011
Updated: Tuesday, March 01, 2011
|
How can I create a unique brand among a sea of similar competing consultants that will provide some marketing gravity?Certainly creating high value helps with your marketing but reconsider the premise of your question. I infer that you consider uniqueness as equivalent to value. For any qualification you have, you should not be surprised to know that there are a lot of other consultants who have that same qualification, skill or experience. What makes you of greatest value to a client (other than the fact that you are in front of the client and those other consultants are not) is the 3-5 characteristics for which a client has the greatest need at this time. Your value is a combination of your qualities in the context of the client's needs, not the inherent mixture of your particular qualities. Tip: Being of value to a client does not mean you have to be one of a kind, just of value in those areas that matter to your client right now. When in doubt, ask what prospects need, and don't be surprised if the answer is different than it was last year. © 2011 Institute of Management Consultants USA
Tags:
customer understanding
marketing
reputation
sales
your consulting practice
Permalink
| Comments (1)
|