Working as a virtual consultant for the past few years, I am very happy that this model is starting to take off. Talking to other consultants & business partners, I came across this article by Herbert Goertz, SAP Consulting Exchange

Thanks largely to the recession, many professional services firms have been forced to abandon billable hours as a business model. Witness Monday’s Wall Street Journal article, ““Billable Hour” Under Attack.” Although the article happens to be about law firms, the issues raised apply just as much to technology consulting. continue reading…

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