How consulting is trying to stay essential during Covid-19



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The Big Idea

Consultants are rebranding as pandemic-fighting experts as they try to stay essential amid a global recession. Here’s the TLDR to our field guide on consulting’s new challenges.

Here’s Why

1⃣ Covid-19 is adding to existing threats facing the consulting industry.

2⃣ It’s a bad time to be looking for a job in consulting.

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3⃣ But for many firms, the crisis is proving to be an opportunity.

4⃣ Executive coaches say they are busier than ever,

5⃣ and remote work is inspiring consultants to innovate.

The Details

Even before Covid-19, consulting firms were facing challenges from technology that had tipped the balance of power. Clients have access to information and resources online which they never had before, meaning they might need consultants’ advice less often. Online search and social media have also given clients new ways to find other consultants to work

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Cannabis Industry Spotlight: Eminent Consulting’s Emma Chasen on Elevating Plant Medicine Through Education

Emma Chasen

Cannabis educator Emma Chasen has a mission to educate people on the science behind plant medicine, so that they may take charge of their own healing. We love her because she’s really good at explaining scientific concepts around cannabis in a way that is accessible and helpful to the general public. Named one of Weed’s Leading Women by Newsweek, Emma co-owns and operates Eminent Consulting, a cannabis consulting business that offers educational training and craft industry development for cannabis industry professionals and businesses. She helps brands develop educational marketing collateral and ongoing educational programs to further elevate their brand presence in a competitive industry. 

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She also helps struggling and newly emerging cannabis businesses with business organization, and sets them up for success in both the competitive medical and adult use markets. Keep reading to learn a thing or two about her

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Healthcare Consulting Services Market to Reach $15.88 billion by 2023 With Increasing Demand for Digital Consultancy

According to the new market research report“Healthcare Consulting Services Marketby Type of Service (Strategy Consulting, Digital Consulting, IT Consulting, Operations Consulting, Financial Consulting, HR Talent Consulting), End User & Region – Global Forecast to 2023“, published by MarketsandMarkets™, the global Healthcare Consulting Services Market is projected to reachUSD 15.88 billionby 2023 fromUSD 9.76 billionin 2018, at a CAGR of 10.2%.

Don’t miss out on business opportunities inHealthcare Consulting Services Market.

The Healthcare Consulting Services Market is primarily driven by significant growth in the geriatric population, rising importance of value-based care, and technological advancements in healthcare.

Based on the type of service, the digital consulting service segment is projected to register the highest growth (value) during the forecast period

Based on the type of service, the market is segmented into digital consulting, IT consulting, strategy consulting, operations consulting, financial consulting, and HR & talent consulting. The

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Newtek Business Services Corp. to Report Third Quarter 2020 Financial Results on Wednesday, …

Press release content from Globe Newswire. The AP news staff was not involved in its creation.

BOCA RATON, Fla., Oct. 12, 2020 (GLOBE NEWSWIRE) — Newtek Business Services Corp., (Nasdaq: NEWT), an internally managed business development company (“BDC”), today announced that it will report its third quarter 2020 financial results after the market closes on Wednesday, November 4, 2020. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer, and Christopher Towers, Chief Accounting Officer, the following day, Thursday, November 5, 2020 at 8:30 am ET. The live conference call can be accessed by dialing (877) 303-6993 or (760) 666-3611.

A live webcast of the call and the corresponding presentation will be available in the ‘Events & Presentations’ section of the Investor Relations portion of Newtek’s website at http://investor.newtekbusinessservices.com/events-and-presentations. A replay of the webcast with the corresponding presentation

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SUCCESS INSIDER: Management consulting, Daymond John, side hustles

dan shapero linkedin headshot

Dan Shapero is LinkedIn’s VP of global sales.

Courtesy of LinkedIn


After a candid conversation with the CEO, Dan Shapero at LinkedIn developed a plan to change jobs within the organization. Here’s the three-pronged strategy the executive recommends for anyone feeling stuck or restless in their career.

How a 25-year-old entrepreneur bootstrapped her free newsletter into a 500,000-subscriber business that made $1.1 million in one month

Daniella Pierson headshot Newsette

The 25-year-old founder of Newsette, Daniella Pierson, started the newsletter as a sophomore in college.

Daniella Pierson


Daniella Pierson started Newsette as a sophomore in college, sending out her first Mailchimp newsletter to 11 subscribers. Six years later, the 25-year-old has grown her free newsletter into a 500,000-subscriber business that made $1.1 million last month.

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Meet Katherine Power, the serial entrepreneur who’s running 3 companies with more than $60 million in total funding, including one with Cameron Diaz

katherine power



Justin Coit


Katherine

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5G Wireless Existential Business Plans, According to New Report by fibeReality, LLC

Press release content from Business Wire. The AP news staff was not involved in its creation.

MCLEAN, Va.–(BUSINESS WIRE)–Oct 12, 2020–

fibeReality, LLC announced in a newly published study that the 5G strategy of Verizon Wireless and other mobile network operators is simply about ensuring their sheer survival because of the intense concern of running out of adequate capacity in general, based on the burgeoning data requirements of their current and near-term customers. Verizon’s 5G Enterprise: Hoarding mmWave for Viability states that although being compelled to quickly respond to getting hammered on the marketing side for full nationwide 5G offerings, especially by T-Mobile, Verizon has already gained a vital network cost and efficiency advantage in maximizing its internal scale capability, including deploying the most optimal architectural design, and encompassing its fiber support infrastructure.

“There has been a false industry-wide narrative that the main purpose of 5G

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Cloud for Good Awarded Salesforce.org Nonprofit Consulting Partner of the Year for Second Year in a Row

ASHEVILLE, N.C., Oct. 12, 2020 /PRNewswire/ — Cloud for Good was awarded the Salesforce.org 2020 AMER Consulting Partner of the Year – Nonprofit award at the Salesforce.org Virtual Partner Summit on October 7, 2020.

In recognizing Cloud for Good’s second-straight year receiving the prestigious title, Partner Alliance Manager Kristin Keister remarked, “We work incredibly hard to help propose best-in-breed solutions to our clients. Our marketing, sales, and services teams continually seek to create transformational value for the organizations we work with. This award represents how we give back to the community, through donation of time and resources, in order to support the organizations working to make the world a better place.”

“We are continually seeking to match our passion of helping one another with the incredible possibilities inherent to the Salesforce platform,” said Founder and CEO Tal Frankfurt. “Connecting these two pursuits to benefit our clients’ missions

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The consultants in high demand during the pandemic and their salaries

  • The management consulting market declined by $30 billion due to decreased client demand during the coronavirus pandemic, but certain areas are still growing. 
  • Experts told Business Insider that technology, healthcare, and strategy consulting remain steady areas of growth for major firms like KPMG, McKinsey, and Boston Consulting Group.
  • Consultants with specializations in digital transformation, corporate turnarounds, and cybersecurity are in higher demand right now. 
  • Here are the practice areas that will expand in response to the coronavirus and how much they pay. 
  • Visit Business Insider’s homepage for more stories.

If you’re looking for a job in management consulting right now, it pays to be in a booming sector. 

The coronavirus pandemic has upended the management-consulting industry. The market for consultants has declined this year to an estimated $132 billion from $160 billion because of decreased client demand, according to research platform Statista. The crisis put a strain on corporate budgets,

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Postmaster General Louis DeJoy hires a consulting firm



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Business Insider’s top advertising and media stories for October 12

Hi! Welcome to the Insider Advertising daily for October 12. I’m Lauren Johnson, a senior advertising reporter at Business Insider. Subscribe here to get this newsletter in your inbox every weekday. Send me feedback or tips at [email protected]

Today’s news: Postmaster General Louis DeJoy hires a consulting firm, Beyond Meat bets big on breakfast, and Instagram adds audio features to Reels.


Louis DeJoy



Tom Williams/CQ-Roll Call, Inc via Getty Images/Pool


Facing Congressional investigation, Postmaster General DeJoy hires a consulting and PR firm with deep Trump administration ties

Read the full story here.


Beyond Breakfast Sausage Links tacos



Beyond Meat


Beyond Meat thinks breakfast is the next big battlefield for plant-based meat makers — its CMO explains why

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Instagram Reels - audio features.

Instagram Reels introduced new audio features to make songs more discoverable and shareable on Thursday, October 8, 2020.

Instagram.


Instagram has added new audio features to Reels that solve a major pain point for music

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