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How Consulting Will Likely Change Because of the Pandemic

Leapfrogging

The consulting industry was already being disrupted before the coronavirus. If you work with consultants or have your own consultancy, take note: Things are changing, fast. Remote work , lean budgets , and the need for contingency plans are three big trends impacting the industry. Consulting Services Stratification.

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How Consulting Will Likely Change Because of the Pandemic

Leapfrogging

The consulting industry was already being disrupted before the coronavirus. If you work with consultants or have your own consultancy, take note: Things are changing, fast. Remote work , lean budgets , and the need for contingency plans are three big trends impacting the industry. Consulting Services Stratification.

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L.I.V.E. (Lean Innovation, Validation & Execution): A new, more effective way to manage multiple innovation projects

Idea to Value

However, these processes are not designed to work with innovation projects, where there is no clear plan, or even a confirmation that the innovation idea will actually work once it is delivered. There is no clarity on what innovation teams need to do in order to successfully deliver a project. But do not fear.

Project 241
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When innovation led to a reversal of fortunes

hackerearth

On top of structuring management and operations, every new idea was to be consistent with the company’s goals. Source: Bearing Consulting. The company found a low-risk, high-reward “around the box” innovation strategy, one that is well-informed. Lego has managed to wring sustainability by adopting the Lean startup approach.