It is common to hear leaders of professional services companies comment that even though they are more qualified to perform work for customers, are being underbid by competition. There are other leaders who are underbidding but leaving them to struggle for growth. If you fall into either of the categories, you must explore a stronger … Read more
We are living in a global project economy, characterized by work that is visualized, planned, and executed with the discipline of project, program, and portfolio management. However, the Organizations rely on top-notch Project & Portfolio Management Software (a.k.a. PPM Software) solutions to meticulously plan and flawlessly executed such levels of complex initiatives. scale, complexity, and … Read more
Innovation-driven New Product Development is the driver of any organization’s survival, growth, and sustenance. It is also an irony that most organizations have not been successful in new product development journey. They turn to NPD Software in haste. While most companies treat New Product Development as a consistent process, the reality is quite different. There … Read more
A study by McKinsey indicates that most industries are either facing or are expected to face different levels of perceived instability of the business environment. Different types of Professional Services are also expected to face the wrath of the future instability triggered by factors including technology, global competition, regulations, compliance, information security, and others. While … Read more
The automotive industry is set for a transformation as millions of electric vehicles hit the roads in the next decade. Additionally, automobiles are embracing software technologies with open arms. The implications of these shifts for automotive OEMs are expected to be phenomenal. The marketplace is ripe for enterprises that are ready to seize the opportunities … Read more
On projects and programs, all roads must lead to profits and cashflow! Living in a highly competitive world, delivering strategic programs and projects is futile unless backed by financial alignment, cost discipline, and superior profitability. The pressures of managing costs and expenses are here to stay. Business leaders have little influence on revenue; they could, … Read more
Timesheet Management Software – The key to accurate project resource and cost management! One of the key components of cost management is the way companies manage human resources. Three important dimensions of resource cost management are: Without a robust Timesheet Management System, business leaders would find it extremely tedious and complex to manage resource cost … Read more
As a project manager or a business leader, how could I improve project performance? The above question seems to be the proverbial Achilles’ heel for project managers and business leaders alike – and more so during the project and personal performance evaluation! While PSA Software could be a great enabler to project teams, it is … Read more
Resources – the driver of value and cost! Organizations are undertaking programs and projects at an unprecedented rate to ensure execution meets strategy. The focus on program and project management has put tremendous pressure to plan and manage a company’s most important asset – resources! The complexity of resource planning and management increases when resources … Read more
Professional services enterprises are leveraging the top-of-the-line automation suites, to drive greater efficiency, productivity, and collaboration. Engineering, law, healthcare, design, and consulting firms are understanding the core benefits offered by automation professional services software solutions, as they are a critical part of an overall digital transformation journey. To unlock the underlying advantages that a PSA software … Read more
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