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
Consultancy Procurement 101: A Beginner’s Guide
This beginner’s guide will help you understand everything you need to know about consultancy procurement. It will give you an overview of the key steps involved in the procurement process and will help you get started on your sourcing journey.
12 Essential elements to include in your consulting agreement
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.
Previous Weeks’ issues
Redesigning Organizations – Tools, Strategies, and More! | This Week in Consulting
In this issue of This Week in Consulting, we explore the fundamentals of organization design, how to make a matrix work, how OKRs are gaining traction, how spans and layers can be used in a practical context, and more.
A look into the future of Transportation & Logistics Sector | This Week in Consulting
In this issue of This Week in Consulting, we explore where the future could lead the transportation and logistics industry. Do share your views with us.
The Latest Manufacturing Trends You Need to Know About | This Week in Consulting
In this issue of This Week in Consulting, we explore how to embark on the journey towards smart manufacturing.
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.
