Leading Your Team to Success: Understanding the Value/Cost of Organizational Consulting

costs development training Jan 11, 2023

Investing in your team is crucial for a business to thrive and meet its goals. But, how much should you invest in your team? The answer is that you should invest enough to ensure that your desired outcomes are met and exceeded. To help guide your investment decisions, here are some Organizational Consulting Activities and their associated fee ranges to consider. (Note: These are averages based on what we see in the market. Fees can vary widely based on team sizes, experience of consultants, fee structures, length of contracts, etc...)

  1. Consulting Day Onsite - Fee Range $5,000-$10,000. This type of service is meant to speed up desired changes in performance or behavior. It may include assessments, coaching or consulting, or skills training for individuals, groups, or organizations. It's important to select a consultant who provides a high level of value, has clear contracts and expected outcomes, and exceeds any promises they make.

  2. Consulting Day Offsite - Fee Range $1,000-$5,000. This type of service is meant to allow an expert to create customized, evidence-based content for your organization. It's important to avoid consultants who charge excessive fees for research on your project, as they may not be subject matter experts. Instead, look for a consultant who can provide a summary of the value provided for any offsite consulting work.

  3. Keynote or other brief speech - Fee Range $5,000-$15,000. This type of service is meant to introduce a new topic or speed up learning. Only choose a speaker who can provide video evidence of their relevant expertise and who can customize their content to meet your specific learning outcomes.

  4. Half-day workshop - Fee Range $4,000-$7,500. Adult learners benefit from meaningful, experiential events. Be wary of the assumption that a consultant can "condense a full-day of content into a half-day." Half-day workshops have different business outcomes than full-day workshops.

  5. Full-day workshop - Fee Range $5,000-$15,000. The importance is to select a consultant who provides high level of value. Adult learners benefit from meaningful, experiential events. Avoid any leadership program that is “off the shelf”, as there is little evidence to support their value.

When making investment decisions, it's important to keep in mind that investing enough to ensure that your desired outcomes are met and exceeded is crucial. The above Organizational Consulting Activities and Fee Ranges can be used as a guideline. Remember to choose a consultant who provides a high level of value, has clear contracts and expected outcomes, and exceeds any promises they make.

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