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Archives June 2015

5 MUSTs to Choosing the Right Management Consultant

Last update on April 14, 2016.

Business consultantA management consultant is the one who provides professional services to companies in economic, financial or technical fields, that isn’t the traditional job of accounting advice, tax, labor or audit, all of which have their own classification. As a result, the management consultant could focus on everything else that the company needs such as: 

  • Gathering and analysis of a company’s activity and/or business intelligence 
  • Collection of the company’s financial and industrial information  
  • Development of a strategy to reach to potential buyers  
  • Operations and/or process improvements 
  • Technology Implementation and Integration 
  • Cost Savings 
  • Overall business vision & ...

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klerigi Group Renews Its Logo

Last update on Oct. 13, 2016.

klerigi Group Renews Its Logo

Originally published on December 2014: 

Our state-of-the-art, astounding new logo marks a new beginning in the chapter of our innovative consulting firm. We are truly Blessed to have had an amazing few years, and we can’t wait for more! Most companies start the New Year with new things, however, we decided to start early. Now, our new corporate image is up and we are excited to share it with you.

The new logo was meticulously designed by brilliant designer Giuseppe Doganiero. He truly captured what we are all about – we are full of ideas, we help enlighten people ...

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The klerigi Group also joins .NYC domain

Last update on Oct. 13, 2016.

The klerigi Group also joins .NYC domain

We’re all familiar with .com, .net, and .org, but now there’s a new class of generic top-level domains (gTLDs). In one of the biggest expansions of the Internet to date, nearly 2,000 new generic top-level domains have been approved for use. A select number of city, country, and regional domains are a part of this expansion; which includes offering New Yorkers one of the first citywide domains: .nyc

On Sept 18th, 2014, Manhattan Borough President Gale Brewer who began advocating loudly for the .nyc domain years ago as a city councilwoman, said she was “delighted” with the domain’s success ...

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3 Reasons Why Market Research is Important

Last update on April 14, 2016.

Market ResearchWhether you work in a startup, own a small business, or are part of a large organization that is in the process of launching a new product, market research should be one of the first tasks that you undertake. According to Samuel L. Cornish from Durham University, Market Intelligence is information relevant to a company’s market, gathered and analyzed specifically for the purpose of accurate and confident decision-making in determining strategy in areas such as market opportunity, market penetration strategy and market development. There are two types of market research:

Primary Research is research that you conduct yourself. Either ...

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What is Market Potential and How to Calculate It

Last update on April 14, 2016.

Calculating market potentialSo you just started a business, own a small business or are launching a new product, why bother estimating market potential? This is a very important step when running a business. First, it will show whether you have a big enough market for your product or service, and second, it will open your eyes to possible new opportunities and actions you may take to help with success. Market potential is all of the possible people that would purchase your product or service, multiplied by an average selling price and by an estimate of how many products those people would purchase ...

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Don't Be a Copycat

Last update on April 14, 2016.

Don't Be a CopycatEvery business has competitors barking at the door, doing anything possible to steal customers away. In order to stay competitive, businesses must do something different. Strategy isn’t simply looking at competitors and copying them in a better way. It is truly doing something different enough where a business is creating value for its customers. Let’s take Southwest Airlines as a great example. Southwest decided to compete in a highly saturated market. Instead of performing the same set of activities that all other airlines were performing, Southwest decided to focus on customers that would take trips by bus or ...

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Study Shows 3 Steps to Successfully Transforming a Business

Last update on April 14, 2016.

Successful Business TransformationTransforming a business is not an easy journey to embark on. KPMG LLP performed a study that shows 34% of CEOs of multinational US-based businesses say that past transformation plans failed to meet the business benefits established at the beginning. There are three main prerequisites that KPMG discovered to help businesses achieve a successful transformation.

Alignment It all starts with aligning the transformation with the company’s strategy. Identifying the high-impact issues and putting a strategic plan in place to transform those issues is key. This approach is more ambitious than say, starting with the transformation of a specific business ...

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How Location Intelligence is Helping Businesses

Last update on April 14, 2016.

Location IntelligenceBusinesses are becoming more intelligent by using data to drive business practices, new product development and marketing. Many business platforms miss the localization aspect of analytics, which can lead to new insights. Being able to see where a business’ current and potential customers are located can open the door to an entirely new opportunity. The original report published by Forbes Insight discusses a number of case studies performed in public and private sectors on how businesses have used location to reveal insights. There were three themes that emerged:

Location Intelligence is Business Intelligence Knowing where customers are located can bring ...

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klerigi Group Becomes Proud Member of the Chicagoland Chamber of Commerce

Last update on Oct. 13, 2016.

klerigi Group Becomes Proud Member of the Chicagoland Chamber of Commerce

Klerigi Group proudly announces its membership within the Chicagoland Chamber of Commerce, one of the largest chambers in the United States.

Serving as “The Voice of Business” since 1904, the Chamber leads public policy and business growth initiatives and it creates meaningful events and programs to inform, engage, and connect their members to each other and the community.

The Chicagoland Chamber is home to the International Trade Center and the Small Business Development Center, each offering a myriad of programs and services to businesses, entrepreneurs, and employees. By convening leadership and pooling resources at the Chicagoland Chamber’s table, it helps ...

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Operational Effectiveness: Is It A Strategy?

Last update on April 14, 2016.

What is strategy?

Positioning and competitive advantage was all the talk amongst companies several years ago. The problem with positioning is that it could easily be copied by rivals and competitive advantage can be temporary. Companies are seeking ways to become more profitable and more productive at the same time. This has led them to focus on strategy. The problem is that managers are confusing strategy with operational effectiveness (OE). OE focuses on providing better value to customers or the same value at a lower price. This can mean lowering the company’s cost to produce the product or service. Lately, it has ...

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