Wednesday, November 11th 2020
This week in
Consulting
How is the Professional Services Industry facing the current crisis?
This week’s must read
In the midst of the pandemic, professional services are one of the three top-performing sectors, along with technology, media & telecoms, and oil & gas. Nevertheless, they have to adjust their business strategies to rapidly changing market conditions and client behaviors. In this article, the authors explore the pandemic’s impact and how firms can continue to thrive despite the economic uncertainty.
This Week’s Must Read is an insight piece from Grant Thornton about how professional services firms have responded to the pandemic.
Thought Leadership
In this podcast, Fiona Czerniawska and Fergus Blair from Source Global Research explore the pandemic’s potential impact on the professional services sector and what could be done during this challenging period.
Despite Covid negatively impacting most consulting businesses, almost half of them expect revenue to increase in the next 12 months. An interesting report that reveals, among other things, why the partners of the top 10% of consulting businesses charge more than double the average charge-out rates for partners.
Digital technologies have created disruption across the professional services industry. In the current pandemic environment, firms need to address their digital strategy to remain competitive and deliver and exceed the value their clients are accustomed to receiving. Here are five areas firms should consider to incorporate emerging technologies into their organization.
This week’s Consulting News
| @pharmabiz.com
| @Becker’s Healthcare
| @PRNewswire
| @Consultancy.uk
This week’s media
AdvicePeriod Principal Larry Miles discusses his book “It’s That Simple: How to Build the Professional Service Firm of the Future” and how AdvicePeriod is reinventing wealth management.
Consulting sourcing tips
How to negotiate framework agreements for consulting to your advantage?
How to negotiate framework agreements for consulting to your advantage?
Make-or-buy for consulting services 101
Make-or-buy for consulting services 101
Does Category Management apply to consulting?
According to the CIPS, Category Management enables procurement professionals to focus their time and conduct market analysis to leverage their negotiations fully and correctly manage their suppliers in alignment with the corporate objectives.
Previous Weeks’ issues
Holiday Season Reflections: Top Themes in Consulting 2024 | This Week in Consulting
In this edition of this week in consulting, we embrace the holiday season by reflecting on 2024’s key trends like generative AI, sustainability, and social impact.
The Changing Tide of International Trade | This Week in Consulting
In this edition of This Week in Consulting, we explore how regions contribute to global trade, the challenges they face, and the opportunities to adapt amid shifting geopolitics and policies.
Digital Transformation Decoded: Challenges, Insights, and Opportunities | This Week in Consulting
In this edition of This Week in Consulting, we delve deep into the challenges and opportunities of digital transformation across industries, offering insights to strategize, adapt, and lead.
Hélène Laffitte is the CEO of Consulting Quest, a Global Performance-Driven Consulting Platform and author of “Smart Consulting Sourcing”, a step by step guide to getting the best ROI from your consulting. With a blend of experience in Procurement and Consulting, Hélène is passionate about helping Companies create more value through Consulting.
