The Accepted Authority
In The Accepted Authority, Greg Roworth discusses how owners of consulting firms can generate a predictable flow of premium opportunities to grow their business. Each weekly show features a lively discussion of a common growth challenge, covering strategies, tools, mistakes and how Greg has achieved results with clients or in their own business. Always useful, entertaining, and never more than 20 minutes. Sponsored by Business Flightpath.
The Accepted Authority
84 - The Value of Focused Specialization for Your Consulting Firm
In many consulting firms, operational processes are more complex than they need to be. Rather than offering a wide range of services to potential clients in order to achieve higher revenues, in my experience, operating with a focused specialization is what achieves greater simplicity in running the business, greater operating efficiencies, lower operational costs and greater profits. The fact that it also created differentiation from competitors and attracts more qualified clients is an added bonus that should not be ignored.
In this episode, I detail why having a focused specialization should be the strategy employed by your consultancy firm and use a specific example of where I have applied this strategy with one of my clients and how it significantly increased their sales and profits, while reducing complexity in their business at the same time.
Go to https://businessflightpath.com for more details or book a strategy session with me at https://businessflightpath.com/ss
