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Day: November 14, 2024

The Hidden Cost of Gold Plating: How Over-Delivering Can Diminish Your Profit Margin

The Hidden Cost of Gold Plating: How Over-Delivering Can Diminish Your Profit Margin

In the world of consulting, the pressure to deliver exceptional value to clients is ever-present. Consultants often go above and beyond to meet or exceed client expectations. However, there’s a fine line between providing outstanding service and over-delivering—what’s commonly known as “gold plating.” While the intention behind gold plating may be to impress or satisfy a client, it can have unintended consequences, particularly on your profit margin.

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