Friday, October 9, 2009

Consulting: The 1% Rule

The 1% rule says that if you increase something by 1% a day, in 70 days you’ll have twice as much. That goes for consulting skills: if you increase your consulting skills by just 1% each day, then in 70 days you’ll be twice as good.

I didn’t believe it at first, and you may not either, so here’s the algebra behind it:

(1.01)^x = 2
Log(1.01)^x = Log(2)
xLog(1.01) = Log(2)
x = Log(2)/Log(1.01)
x = 70

So what are you doing to improve your evaluation and consulting skills?

Start by reading my blogs where I plan to address both areas on a weekly basis! And let me know what you think or what areas you think I should address. My hope is that I will learn and you will too.

Best regards,

Amy A. Germuth
EvalWorks, LLC
October, 2009

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