Blog

The R.U.L.E.S concept for measuring profit and loss in professional services

Learning the R.U.L.E.S

Given the intense nature of professional services firms, the concept of “the R.U.L.E.S” seems a fair and equitable profitability measure. But: Are the RULES the most appropriate measurement of a professional services firm’s profit or loss?
Read more
The three noble horsemen of private practice: ‘finders, minders and grinders’

The three noble horsemen of private practice: ‘finders, minders and grinders’

When I first started working in private practice back in the mid-1990s, there were what was then commonly known as the Three Noble Horsemen of private practice: ‘The Finders, The Minders and The Grinders’. And then we introduced the ‘balance scorecard’.
Read more