Management and IT Consulting
Welcome to Deltek’s premier, consulting industry blog. Here you will find insights, analysis, and expert advice on transformational trends and key challenges facing the consulting industry. Consider this your one-stop shop for the latest and greatest insights on performance benchmarking, engagement profitability, talent management, digital disruption, artificial intelligence, and a myriad of other topics facing consulting firms today. Please enjoy the reading. And welcome to the discussion.
Turning your consultancy on a dime hasn’t been easy, but some of the challenges are thankfully diminishing. However, there are plenty of challenges still remaining including around many around hiring and retaining the right talent. Here are are few tips to help as you make hiring decisions for 2021.
For a second time, the Hinge Research Institute has conducted its Employer Branding Study -- the largest of its kind with almost two thousand respondents across the globe. Both employers and potential employees were surveyed to compare characteristics sought by each, which revealed a several key business requirements to align a firm's "Employer Brand" with the best talent.
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.
You're invited! We’re excited to announce that the 2020 Deltek Insight event is virtual, open to anyone in the Consulting Industry, and complimentary! This event will deliver literally hundreds of engaging sessions, unique networking opportunities and of course, some fun - all accessible from the comfort of your home or office. Read on for the 10 "must see" sessions for consulting firms.
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 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:
The consulting business can feel like a helpless place to be in times of uncertainty. Business plans have been destroyed, forecasts and projections rendered completely obsolete, and we are left wondering where to go from here. We rely on our clients to help determine the direction we need to take and when they have no idea what the future holds it feels as though we are stuck in a holding pattern. And all the time we’re burning cash without any reliable revenue streams.
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:
To better understand what U.S. hospitals and health systems look for in successful relationships with third-party consulting firms, Healthcare Information Management and Systems Society (HIMSS) conducted a survey that found cost overruns, delays and scope creep (all indications of project failure) continue to plague the project work of consultants they hire. Read on to learn more about how the survey findings impact your consulting firm, and what you can learn from your healthcare clients.
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.
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