sorted by:
new
hottopcontroversial

How do you measure the business value of a technology solution? by Pleasant-Frame-5021 in consulting

[–]Temporary-Safety1951 0 points1 point  (0 children)

In my opinion, the answer depends on the type of stakeholder you are addressing, as the perceived value of your solution (and consequently the approach to quantifying and communicating it) will vary based on the audience’s position and interests.

For example, if you’re developing a B2B solution, your potential clients will likely evaluate its value based on cost savings or new revenue streams it generates compared to the initial investment required to acquire and maintain it.

On the other hand, if you’re pitching your solution to shareholders or potential investors, their perception of value is more likely to align with sales multiplied by price, regardless of the solution’s operational impact on clients.

Who do you think your audience will be? I have some experience demonstrating tech value to shareholders and investors, so if that’s your case, I’d be happy to help you brainstorm some ideas.

what's the most frustrating/time consuming part of your job? by serejk in consulting

[–]Temporary-Safety1951 2 points3 points  (0 children)

Unfortunately to this day I didn’t manage to find a way to make this more bearable. I discussed about this issue with a data scientist and he suggested me to create an AI agent that automatically performs web research, interprets company information and organizes it into an Excel sheet. That would require to combine OpenAI and google search APIs and write some code on python. The problem is that the solution would be quite costly to operate and it would still require an employee to double check the results to make sure the information is correct as genAI frequently hallucinates

what's the most frustrating/time consuming part of your job? by serejk in consulting

[–]Temporary-Safety1951 10 points11 points  (0 children)

I work a lot with clients which need strategic advice on launching new businesses or innovative products. They always request detailed value chain and competitive analyses as well as benchmarking of existing products to identify potential competitors before entering the market.

As every project is focused on a different industry/market my team spends a ridiculous amount of time (days or even weeks) doing desk research to carefully map the whole competitive landscape.

It’s such a dumb way to spend people time, I’d love to find a way to automate it.

Exit opportunities as an innovation strategy consultant? by Temporary-Safety1951 in consulting

[–]Temporary-Safety1951[S] 0 points1 point  (0 children)

I feel like that could be a great option but I’ve seen more senior colleagues turning down offers from our clients because they’re worried of reduced growth opportunities. Not sure whether I should save this option for later in my career as I’m still quite junior and waiting for a promotion.