In today's rapidly changing business landscape, organizations often seek expert guidance to navigate complex challenges and drive growth. Consultants play a crucial role in assisting businesses in achieving their goals, providing valuable insights, and implementing effective strategies. However, when it comes to engaging consultants, organizations face a critical decision: should they hire internal consultants or seek the assistance of external consulting firms? Read the insight to find out!

Supplier relationship management is a critical piece of the puzzle when it comes to running a successful business. No matter how well you’ve streamlined operations on your end, if the link in the supply chain that connects you to your supplier isn’t functioning, it can have real-world consequences for your enterprise.

Negotiating with consultants can be a tricky endeavor, but it is possible to come out successful if you approach it with the right attitude. To give yourself the best chance of getting a favorable outcome in your negotiations, it’s important to do your research first and understand both the consultant's needs and potential solutions for meeting those needs.