Category: Knowing the Consulting Industry

Challenges of Open Innovation and How Consulting Can be a Catalyst for Open Innovation

Open innovation is the use of purposive inflows and outflows of knowledge to accelerate internal innovation, and expand the markets for external use of innovation, respectively.
Beyond the extended role given to R&D, the concept also requires a contribution for all stakeholders in the company. Rendering the innovation process much more collaborative and guess what … open.

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8 Biggest Reasons Why Organizations Need a Consulting Firm and How Consultants Cater to Clients’ Needs

Businesses today are facing a growing number of challenges. And as an executive, you are often under pressure to find solutions to multiple problems, from adding value to your offering to improving revenues, profitability and productivity. And if you have worked with Consultants, you already know they can provide invaluable support and expertise. And as the great quote above suggests, Consultants can help you address your biggest challenges and reach your goals.

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The 8 Defining Stages in the History of Consulting

“Consultant” is not just a fancy name, but a professional who can make a difference in how a company address challenges and succeeds. A simple definition of a “consultant” includes the following: a provider of expert advice to another person or an entity, who is compensated for their services.

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