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Seven Steps to Start a Consulting Business

Chart Your Course

According to MBO Partners, a support service for independent consultants, boomers are a fast growing sector of the independent workforce. In its 2012 Independent Workforce Index, MBO Partners estimates that boomers account for around a third of all independent consultants. Will they retire, work part-time or start new endeavors?

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The Freelance Economy Still Runs on Word of Mouth

Harvard Business Review

But we’re not quite there yet, according to a new survey conducted for MBO Partners, which provides back-office services to independent workers — which it dubs “solopreneurs.” We may well be entering a new age of work, in which tasks can be sliced into bite-sized chunks and allotted online to freelancers all over the planet.

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How PwC and The Washington Post Are Finding and Hiring External Talent

Harvard Business Review

This online platform provides skilled independent professionals direct access to PwC teams seeking talent for their projects. Once registered and accepted, independent professionals are considered for roles that match their skills and experiences on an ongoing basis. A good example is PwC’s recently announced Talent Exchange.

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Your Company Needs Independent Workers

Harvard Business Review

But this is a growing population of workers, many of whom are highly skilled. Attracting, retaining, and managing these highly skilled workers will require new ways of thinking about talent management and the role that external talent plays. The MBO Partners 2015 State of Independence workforce study found that 6.4

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Guest Blogger George L. Morrisey: Are You Ready for Strategic Planning?

leaderCommunicator

Do we have the necessary resources, knowledge, skill, and attitudes to successfully develop a strategic plan within the desired time frame? A pioneer in the process known as Management By Objectives (MBO), he wrote the first how-to book on MBO for managers in 1970. How realistic is this? What didn't go well?

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Planning Doesn’t Have to Be the Enemy of Agile

Harvard Business Review

Management by Objectives (MBO) became the height of corporate fashion in the late 1950s. Later, MBO evolved into strategic planning. Early in the twentieth century Henri Fayol identified the job of managers as to plan, organize, command, coordinate, and control. The world appeared predictable. The future could be planned.

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There’s No One System for Paying Your Global Sales Force

Harvard Business Review

Performance Metrics: Pay on revenues (timing determined locally) for individual (not team) performance; pay incentives rarely for management by objective (MBO) achievement (e.g. systems and infrastructure) across countries and utilizing skilled people in lower cost labor markets.