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
RFPs for Consulting: Our 10 secret tips for writing best-in-class RFPs
When you launch a project, you can always hope that the consultant will understand your needs. Or you can write down the reasons why you start a project and what results you expect. Writing an RFP is not easy
Management Consultants Salary – Best of 2022
The average management consultants salary is $85,000 per year. However, salaries can vary widely depending on experience, location, and industry. However, the job can be demanding, with long hours and frequent travel.
What is an RFP and why should you care?
To ensure success and achieve the company goals, the RFP is an essential document. But what is an RFP, and why you should really care about it so much? Also, what are the key elements of a good RFP and why should you introduce your company to an RFP for consulting services?
Previous Weeks’ issues
Chemicals & Materials: Challenges and Priorities in 2022| This Week in Consulting
In this issue of This Week in Consulting, we explore some strategies companies can use to achieve a more sustainable profile. Enjoy the read and share your views with us.
Global trends, drivers and policies for governments in 2022| This Week in Consulting
In this issue of This Week in Consulting, we explore initiatives governments are taking to prepare for the future. Better data utilization, digital transformation, transparency, service level improvement, resilience to the future crisis but also how to foster innovation and attract foreign investments.
Examining Data Privacy in 2022| This Week in Consulting
In this issue of This Week in Consulting, we explore key issues around privacy, and what’s coming our way in 2023 and beyond. Enjoy reading and share your views
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.