How to Effectively Manage Resources?

How to effectively manage resources

At a glanceLearn how to effectively manage resources in your IT company. This article outlines the essential steps.  By taking these steps, your managers will be able to focus on actual resource planning instead of juggling spreadsheets. You will be able to overcome challenges like retaining and finding top talent, preventing employee burnout, and digital … Read more

8 Benefits of Resource Planning and Scheduling in IT Industry

8 benefits pf resource management

At a glance·       IT project success depends on resource allocation and scheduling.·       Resource planning and scheduling can prevent delays, improve quality and customer satisfaction, and protect margins.·       Good resource planning can prevent misallocations and employee burnout.·       Resource planning is a core function and requires enterprise-class resource management software. It may seem that planning resource allocation … Read more

5 Point Action Plan to Reduce Attrition in Professional Services Firms

5 points - Banner

At a glanceo   Mismatch and misallocation are the root causeso   Lack of visibility of employees’ progress is another root causeo   Data silos prevent collaboration needed to address the aboveo   Your managers need a ‘Single Version of The Truth’ Layoffs by big tech firms have started hitting the headlines. Employee attrition in professional services companies continues … Read more

7 Effective Ways to Overcome Resource Conflict Challenges within Professional Service Industry

7 effective ways

At a glance·       Resolving resource conflicts -the biggest challenge for IT service companies·       Endemic resource conflicts push companies on a downward spiral of performance·       Operational and strategic actions required to prevent them Conflicting requirements of resources for multiple projects is a recurring challenge in the professional services industry. Such persisting conflicts cause revenue losses, lead … Read more

8 Reasons Why Organizations Should Not Use Excel for Resource Planning

8 reasons

At a glance• Resource planning is a collaborative, iterative, and distributed operation• Microsoft Excel, is a personal tool• Resource planning using Microsoft Excel wastes managerial time and slows down decisions If your business depends on 100s or 1000s of knowledge workers to deliver projects to customers, managing them well is your major challenge.  How well you keep your … Read more

What is Revenue Leakage: How to Calculate it and Ways to Stop it

What is revenue leakage

At a glance·       Revenues leak due to many reasons·       Revenue leakages can be prevented only by a single logical method·       A single version of the truth enables meaningful collaboration Let’s face it. If executing projects is difficult, project financials are messy. Every project brings its own set of deliverables priced differently. Every project contract has … Read more

What Is Operational Workforce Planning and Its Importance?

What is operational workforce planning

Deploy the battle-ready workforce         At a glance·       “Quiet quitting”·       Planning steps·       Assessing people·       Why operational workforce planning is important·       Enterprise-class software platform for workforce planning Strategic workforce planning is like keeping your gunpowder dry, keeping it battle-ready. You need to put it to good use, or else it will lose its power. For this, … Read more

What Is Strategic Workforce Planning And Why Is It Important?

What is Strategic workforce planning

Keeping your gunpowder dry  At a glance·        The goal·        Questions that need to be asked and answered·        What strategic workforce planning is·        The benefits  ·        The tools you will need if you have 100s or 1000s of people Your goal is to keep your workforce -your most important strategic asset – battle ready. It’s like … Read more

What is the right time for IT companies to look for Professional Services Automation Software?

Professional Services Automation software

At a glance• Headwinds for the IT industry• What is PSA Software• Symptoms that indicate the need for digitalization and integration Is your company facing headwinds like tight customer budgets, stagnant employee productivity, and attrition? Is managing 100s or 1000s of talented people a challenge? You may have heard of Professional Services Automation (PSA) software … Read more

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