Your source for insights, expertise and best practices across a range of relevant topics and industries for project-based businesses operating in the UK and Europe.
We talked with consulting leaders from firms across multiple industries including general management, IT, healthcare, and environmental. These leaders shared with us the challenges they faced last year and what's next in 2022. Part 2 of our consulting round focuses on business systems and productivity tools and tips for 2022 success.
As we start 2022 it’s only fitting to reflect on the challenges faced and the lessons learned from last year’s turbulence in the consulting industry. We talked with consulting leaders from firms across multiple industries including general management, IT, healthcare, and environmental. These leaders shared with us the challenges they faced last year and what’s next in 2022.
Finding new revenue streams is more important than ever to the success of your Consulting business. We asked consulting experts from firms of all sizes: “Are you taking any steps to modify current contracts, alter your business model or create new revenue streams during the pandemic”. Here is what they said:
As you get ready to close out another fast-paced year full of changes, challenges and opportunities, it’s a great time to catch up on all the blogs you meant to read this year but didn’t have time to! We’ve pulled together 10 of our top consulting industry blogs from the past 12 months, make sure these are on your reading list
From onboarding, training and customer support to product enhancements and tailoring experiences for customers based on their needs, we're committed to helping our customers find project-based success. Find out how Margo Martin, Group VP of Customer Success and team, delivers success through these best-in-class experiences.
As we approach the end of 2021, strong demand for a wide range of consultancy services (not just technology) appears to be largely back. The challenge now lies in capitalizing on the opportunity and finding and nurturing the right leads for your business. This blog introduces three levers to pull now while the opportunity is ripe.
With 2022 on the horizon, consulting firms are evaluating their business practices, resetting goals, and retargeting where they want to go. David Hofferberth from Service Performance Insight (SPI) discusses three key practices that firms should focus on heading into the new year to set themselves up for future success.
There is no singular approach or silver bullet to optimize your workforce. Taking a planned, methodical approach while considering what's in the best interest for employees and the company is crucial. Stay flexible, adapt with the market and leverage technology and automation.
Operating in a hybrid model is the future for many consulting firms. While key consulting practices have remained the same, how business is conducted has been transformed. Consulting leaders need to enable their firms with the tools to stay connected and the processes to operate effectively in a hybrid workplace.
The SPI 2021 Professional Services Maturity Benchmark Report reveals key benchmarks and business drivers for growth derived from the survey of 700+ professional services firms. One of the many takeaways from the report involves the value of visibility for firms with a growth mindset.
Project-based businesses are all about the people ‘in’ the business, and understanding whether their employees are fully involved and enthusiastic about their work and the organisation involves many things. But a great place to start is with an engagement survey.
Whether you are looking to find industry-focused expertise to make your project a success or new ways to optimize your current projects, Deltek is here to support you. See how you can get the most out of your Deltek experience with these six ways to broaden your skills and deepen your knowledge.
The infusion of emerging technologies into our solutions allows us to re-imagine how projects are delivered ─ helping our customers’ projects be more effective, efficient and successful. Learn how Deltek is enabling digital transformation for project-based businesses now and into the future.
How do you go about securing a successful digital project, such as an Enterprise Resource Planning (ERP) and Cloud implementation? We invited Håkon Røed, Partner and Director at Norwegian advisory firm Tellmann Executive Advisors, to share his insights.
Spreadsheets play a pivotal role in Architecture, Engineering and Consulting companies. But for many firms, they may have reached the limit of their usefulness. Here’s why.
As Architecture, Engineering and Consulting firms navigated a global pandemic, finance teams stepped up to ensure business stability. We spoke to three CFOs to find out how.
With 2020 behind us, many consulting firms will be shifting their focus from survival to growth. With that in mind we would like to share some key takeaways for leveraging Linked from social selling expert Samantha McKenna.
Find out how a leading biotech consultancy firm streamlined project management processes and increased business agility with an ERP solution in the Deltek Cloud.
Resource management is crucial for A&E and Consulting firms – but few have an effective planning structure in place. Here are three recommendations for getting it right.
In a recent webinar for Deltek, lecturer Olof Gränström looked at the importance of making business decisions based on facts, and how organizations can rise to the challenge to pursue truly data-driven decision-making.
We’ve identified ten critical moves that consulting firms have to make in 2021 to ensure they can achieve a successful recovery from the pandemic and its impact, and that they can also deliver that success to their clients.
Key takeaways for consulting leaders dealing with shifting customer needs from our recent fireside chat with entrepreneur and consultancy CEO, Sean McDermott, and Senior Director of Product Marketing, Michelle Cipollone.
In our recent roundtable webinar, consulting industry leaders explored what changed over the pandemic, and what the future looks like for consultants.
New consulting research from The Hinge Research Institute has revealed that clients value consulting firms 33% more than in past years, and the perceived relevancy of services has risen 56%! However, in these unprecedented times, fear is up, and trust is down. You'll need to adapt at an accelerated pace. Read on to learn how.
Finding new and effective ways to work remotely and stay engaged with both your clients and your workforce is more important than ever to the success of your Consulting business. We asked consulting experts from firms of all sizes:How are you staying engaged with your remote workers and what are you doing to keep up visibility with current clients? Here is what they said:
In this blog we focus on three areas that consultancy firms may want to consider in order to prepare for the next-normal, namely; productive data; a network of empowered teams, and agile principles.
Ever wish winning in the Consulting arena was as easy as referencing a guidebook? Read part 2 of this blog series and look no further. This series by the Hinge Institute gives an overview of “How Consulting Firms Win” – The Definitive Playbook, to bolster success in your firm’s next transformational business initiative.
Ever wish winning in the Consulting arena was as easy as referencing a guidebook? One that walked you step-by-step through the self-assessment and tactical plays critical to achieving Consulting greatness? Hear more about a new, actionable playbook for transformational business initiatives, How Consulting Firms Win – The Definitive Playbook.
Consulting research from The Hinge Research Institute has revealed that clients value consulting firms 33% more than in past years, and the perceived relevancy of services has risen 56%! However, in these unprecedented times, fear is up, and trust is down. You'll need to adapt at an accelerated pace. Read on to learn how.
As architecture, engineering and consulting firms face growing pressure, responsive project management is vital. Here’s how to get the best out of your projects.
Now, more than ever, your finance teams are under pressure – so streamlining financial processes and providing the right support is vital.
Deltek are delighted to welcome on board AINS Group, one of the leading Consulting Engineering firms in Finland, as we help them optimise business processes.
Ever wish winning in the Consulting arena was as easy as referencing a guidebook? Get a quick overview of “How Consulting Firms Win” – The Definitive Playbook to see how you can to bolster success in your firm’s next transformational business initiative.
The recently-released best practice guide to overcoming project and business performance challenges, How Consulting Firms Win – The Definitive Playbook, defines the most common areas consulting firms find competitive gains (project delivery, growth, profitability, and talent) to help your firm put its own successful plays into place. Whether you’ve just downloaded the Playbook, or you downloaded it recently and are having a tough time deciding the first performance area you’d like to tackle first, we would like to offer a few “get started” tips that might help you ease yourself in.
As we prepare to welcome the New Year, we've compiled a list of the most read IT and Management Consulting blogs on our site in 2019.
Professional service firms are facing tough challenges. We recently carried out global research with decision-makers across the industry give insights to understanding of the key trends and challenges that are keeping them awake at night.
New statistics on diversity and people in the Management Consultancy profession revealed in the latest MCA Annual Industry Report 2019.
Does your firm spend hundreds of hours producing reports, only to find they aren’t timely or don’t provide sufficient information to make important decisions? If so, this best practice guide will help you understand how to improve management reporting and ultimately improve business profitability.
Best-practice project management relies on three key building blocks, including setting a project baseline to guide the smooth delivery and financial management of successful projects.
Winning new projects and new clients is not the only way to bolster profitability and sustainability. Find out how to improve your bottom line by optimising your firm’s working capital management strategies.
Consulting firms play a vital role in helping businesses across fields as diverse as business strategy, manufacturing and supply chain, sales and marketing, and human resources. While the sector’s diversity means it is able to weather change like few others, our research shows it still faces a myriad of challenges in the era of digitalised business.
Leading technology consultancy 6point6 have been going from strength to strength and recently made the decision to invest in Deltek Vantagepoint to support its ambitious growth strategy. We find out why in our latest blog.
Last night we were honoured to attend and sponsor the 2019 Consultancy & Engineering Awards, led by an all female presenting team. Here are the night's highlights and overall winners.
We spent 18 hours with Mott MacDonald’s Development Manager Simon Bell as he travelled from Sheffield to London visiting clients, and watched his team win a home league match.
Clients hold more sway in today's climate and are demanding greater value and flexibility at lower prices. Providers must respond to protect profit margins. Our latest blog explores some of the alternative approaches they can take to pricing professional services.
Deltek Vantagepoint moves the advanced Cloud ERP market forward—providing visibility from pursuit to engagement close out—which is an absolute must for high performing Management Consulting firms.
Our latest blog explores the profound effect technological change has had on the professional services industry, and how it can tackle it head-on.
The professional services sector is in the midst of a period of dramatic change. Firms face increasing competition, tighter margins, skills gaps, disruptive innovation and increasing regulation. In our latest blog we begin to explore these issues and look at solutions.
Discover how the CIOs we partner with are promoting connectivity and driving forward a focused digital strategy, extending far beyond the realms of IT.
[Video] Hear From The Experts: What Impact Will Digital And Emerging Tech Have On Business Models In The Professional Services Industry?
Attendees at the Digital Leaders Forum discussed our recent research findings and share how they believe digital and emerging tech is impacting business models in the professional services industry.
As we prepare to welcome the New Year, we've compiled a list of the most read IT and Management Consulting blogs on our site in 2018.
[Video] Hear From The Experts: What’s Holding The C-Suite Back When It Comes To Digital Advancement?
Attendees at the Digital Leaders Forum discussed our research findings and what they see as the biggest challenges for professional services firms now and in the future. Here’s what they had to say.
Managing Compliance Risk: How To Protect Your Firm Against The Professional Services Sector’s Biggest Threat
Managing compliance risk is a tricky business. 91% of CEOs do not think their firm is prepared for regulatory risk, while more than a third say compliance is a top improvement priority. So what can be done?
Attendees at the Digital Leaders Forum discussed our research findings and what they see as the biggest challenges for professional services firms now and in the future. Here’s what they had to say.
One of the key concerns worrying professional services firms today is scope creep management, according to Deltek’s recent ‘Insight to Action’ report. Our latest blog explores how to address the issue.
To stay relevant, consulting firms need to adapt and embrace technology. Otherwise, they risk losing their competitive edge. Our latest blog explores how firms are approaching innovation in consulting.
Professional services firms need to use their 'mirrors' to ensure visibility over what’s coming up, what’s behind them, and to spot any surprises that might be incoming from the side.
New research suggests that many UAE-based professional services firms are facing increasing pressure to remain compliant in this new regulatory environment. Our latest blog looks at how forward-focused reporting is the key to future success in the Middle East.
To be data-driven means you need an innovative approach to data analysis to discover actionable insights for effective growth strategies. Learn how your consulting firm can harness the power of information.
[Infographic] Strategic Benchmarking - How Successful Consulting Firm Leaders Create A Dominant Market Position
Strategic benchmarking can help your firm move towards service excellence. Using the findings from the 2018 SPI Professional Services Maturity™ Benchmark survey, we've pulled together an infographic to summarise how successful consulting firm leaders create a dominant market position.
Deltek's VP of Enterprise Neil Davidson reflects on some typical engagements with professional services clients where we have implemented in partnership, to ensure our solutions enhance their ERP UX, provide industry depth and meet their goals.
Amy Champigny explores three important ERP selection criteria for consulting firms to consider: ERP innovation, implementation, and customer service.
Our recent survey of the professional services industry found that 74% of firms have capital to invest in technology. But is technology in business driving better investments and outcomes?
Boutique Firms vs Large Players In Professional Services: Battling For Innovation, Knowledge Management And New Pricing Models
1 in 3 Professional Service organisations are currently losing business to boutique firms. We explore the battle for innovation, knowledge management and new pricing models - and the approach larger firms should take when faced with such competition.
The vast majority of professional services firms say they are unprepared for regulatory risk. It's time for firms to take action - our latest blog looks at how you can prepare.
Understanding Blockchain Technology – Is It A Natural Digital Evolution For Professional Services Firms?
In a market saturated by technological innovation, understanding blockchain technology and its potential value is not straightforward. Our latest blog explores the opportunity and risks involved, specifically for the professional services sector.
52% of decision-makers in the professional services industry think that the increasing complexity of projects will be the number-one challenge for project management in 5 years’ time. How are these firms planning to tame project complexity so that they can continue to meet their client’s expectations?
Are you aware of the real value of ERP? Our latest infographic reveals 6 ways ERP designed for project-based businesses can help your professional services firm maximize profits and productivity.
As professional services companies face more challenges, the practical job of delivery has become harder. Our recent report, based on a survey of 700 decision makers in the professional services industry shows how providers can take simple steps to improve their positions.
The professional services industry is in a state of flux. While globally the sector continues to grow, competition has intensified and margins have gotten tighter. To explore these issues we surveyed 700 senior decision-makers globally, and here's what we found out.
Finance is critical for supporting all areas of a management consulting firm from budgeting to cash management to financial reporting. Former finance director of a consulting firm, Amy Champigny shares her experience of transforming a finance function for the better with the right software.
Project-based companies have their own distinct needs and requirements, this should be a vital consideration when selecting an ERP. Here are our top tips for making the right decision for your business.
Creating a business case is time-consuming and contentious - yet foundational for successful ERP projects. Discover Gartner's 4 step tutorial for creating your own.
Why cloud based ERP? Here are five good reasons it should be your firm's top priority in 2018.
Will your current ERP system support your firm's needs in 2018? Here are 7 clear signs it's time to deploy modern ERP.
Discover the key findings from the 2017 Professional Services Maturity™ Benchmark and what you can do to deliver a successful 2017.
For consulting firms looking to become more outcome focused and strategic, here are three key points you should focus on.
Management consulting is defined by its client’s needs – as they change, so must the industry. Find out what’s in store for management consultancies in the year ahead.
IT consulting is no longer solely about infrastructure and technical support, instead there is a real focus on what is going to achieve business growth. Find out what else 2017 holds for IT consultancies
This video blog from Deltek discusses why it is important for consultancy firms to have key operating metrics in place, why it’s important to measure resource utilisation rates, how historical data can support future projects and more.
As a business operating in the construction industry, you will have noticed that the landscape is becoming more competitive, and in some ways harder to navigate. In this blog we discuss the pitfalls you need to avoid
How can Consulting firms improve their use of technology to help keep their customers and win new ones?
Professional Services Automation software can give you the visibility and control you need over your number one revenue generator - your projects.
Change is the only constant, and the ability and willingness to learn and change will be the hallmark of the winning leaders and companies of the 4th Industrial Revolution.
The 4th industrial revolution presents a leadership challenge that means many organisations will have to rethink how they do business.
To capitalise on good times, Consulting firms must understand how to select the most profitable types of work.
Discover the key findings that growth that will make 2016 a happy one, and take your consulting engineering firm forward into even more prosperous years ahead.
Professionals are always looking for ways to improve - especially when it comes to business. So, as we start out in 2016, consultants all over the UK ...
Enabling real-time information sharing with clients, stakeholders and colleagues makes you more agile and responsive, while greater visibility into your operations will help make you more profitable.
You Should Be Using Real-time Data To Understand Where You’ve Been And Where You Should Be Going In The Future.
Good news: the Consulting industry is growing. And it’s time for you to start benefiting from these prosperous times.
Four revenue-generating steps to help you capitalise on the "up-turn" in the Consultancy industry.
Learn more about the challenges and opportunities Consulting firms will face in 2015.
Consulting firms list growth as a top priority, with many recognising how ERP software solutions are a key player in the process.
Research by IDC suggests that Consulting firms will benefit from better decision making by getting more visibility into their business data.
Use these 3 tips to gain better control over your consulting projects and improve your firms profits
UK Consultancy firms are presented with a number of significant opportunities in 2014, yet must also be aware of the potential challenges to growing their business.
Improving Operating Margin In A Consulting Engineering Firm - Where Technology Makes A Real Difference
When working to such a small operating margin, it is imperative that Consulting Engineering firms looks for ways to gain control over their projects and finances.
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