Business Consulting Services Industry

Business Consulting Services Industry

The business consulting services industry is experiencing significant growth, with the global market projected to reach $354.01 billion by 2024, fueled by a compound annual growth rate (CAGR) of 4.81%. Key sectors like management and operations consulting are leading...
Types of business consulting

Types of business consulting

Business consulting encompasses a wide range of specialties, each designed to address specific organizational needs. Key types include management consulting, which enhances overall efficiency and structure; financial consulting, focused on fiscal health and...
What Is Management by Objectives (MBO)?

What Is Management by Objectives (MBO)?

Did you know that 37 percent of managers believe that their most important goal is to keep employees on track to meet goals? However, how do you set goals and manage your employees to ensure that they meet the goals of the organization? Management by objectives is one...
What Are OKRs?

What Are OKRs?

Although the buzzword OKRs have been around since the 90s, only around 29% of working US adults are familiar with the term. Interestingly though, of the workforce who are acquainted with the term, a massive 95% believe they have a solid understanding of how their work...
How To Maintain Team Cohesion: The Ultimate Guide

How To Maintain Team Cohesion: The Ultimate Guide

Team cohesion can make or break the workplace – 86% of employees and employers say that lack of collaboration and communication is the cause of workplace failures. Almost everyone, from company leaders to front-level employees, agrees that team cohesion is one...
Team Cohesion

Team Cohesion

Working as part of a team is a vital skill specifically in the workplace. Optimum team cohesion can drive a business to achieve goals and generate maximum revenue. But what exactly is team cohesion and how do you improve it in your company? What is Team Cohesion? Team...
Business Strategy

Business Strategy

Every business owner or manager has key objectives and goals they want to achieve to drive the success of the business. The most efficient and cost-effective way to reach those goals is to make and follow a carefully crafted plan of action – otherwise known as a...
Business Consultants

Business Consultants

Whether you’re the owner of a well-established business looking to explore new avenues, or you’re just starting out, you would have heard about business consultants. But what do they actually do for businesses and would you benefit from hiring one? Read...
What Is Change Management? 10 Principles to Be Aware Of

What Is Change Management? 10 Principles to Be Aware Of

Change is the only constant in business – yet change initiatives are often cited to fail a staggering 70% of the time. Although business leaders frequently introduce change into their organizations, many find it difficult to translate the statistics and proposed...
How to Build an Effective Business Strategy

How to Build an Effective Business Strategy

If there’s one thing certain about business, it’s uncertainty, and that’s a sentiment that millions of business owners will understand. In 2021, a record was struck when 1.4 million new businesses formed, and this year is likely to be no different....