

From Hourly Billing To Lucrative Performance-Based Fees with Phil Krichilsky: Podcast #290
May 15, 2023
Phil Krichilsky, CEO of Innovative Directions, discusses shifting from hourly billing to performance-based fees in consulting. Military experiences provide valuable skills for the corporate world. Leveraging personal connections and taking action are key to generating business. The model of performance-based fees in consulting is explored. Determining appropriate compensation and their approach to turnaround situations are also discussed.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Introduction
00:00 • 4min
Lessons from Military Experience: Purpose, Direction, and Common Language
03:31 • 3min
The Impact of Certifications and Six Sigma Training on Success
06:06 • 3min
Leveraging Networks and Taking Action
08:48 • 13min
Performance-Based Fees Model in Consulting
21:31 • 3min
Determining Performance-Based Compensation
24:05 • 6min
Approach to Turnaround Situations in Organizations
29:49 • 15min