Wednesday, November 11th 2020
This week in
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.
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
| @Becker’s Healthcare
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
Discover effective strategies to conquer tail spend management with our comprehensive guide. Explore five recommended practices that will optimize your procurement process, reduce costs, and increase operational efficiency. Learn how to tackle low-value purchases, leverage technology, streamline supplier relationships, and implement data-driven decision-making. Don’t let tail spend derail your budget and productivity—empower your organization with our expert insights and take control of your procurement today.
Deciding who should be in the room when making big decisions is one of the most important aspects of any decision-making process. Obviously, those directly affected by the decision should be involved, but there are other key players whose voices need to be heard as well.
Type Consulting Procurement in your browser and look at the results. What do you find? A list of consulting companies that offer their services to help improve your company’s purchasing and/or sourcing capabilities. But is it the same thing as Consulting Procurement?
Previous Weeks’ issues
In this edition of This Week in Consulting, we’ll explore how today’s workplaces have evolved in the post-pandemic landscape. We’ll delve into which workplace models are here for the long haul and how these changes are impacting both workers and the industries reliant on them.
In this edition of This Week in Consulting, geopolitics is rapidly evolving and we delve into the ever-shifting currents of global trade, geopolitical dynamics, and investment trends.
In this edition of This Week in Consulting, we unravel the dynamics of Industry 4.0, exploring its current market status and the trends steering into the future.
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.