More Time for Client Work With Optimized IT

The professional services industry has embraced technology and yet some firms struggle with solution adopted.  The expected benefits just don’t happen due to process changes, perceived increased complexity, and the inertia of the status quo.   We have implementation practices, based in science, that improve solution adoption.

The challenges facing professional services firms continue into 2019.  The competition for top talent has moved from the number two concern last year, to the top spot.  There are opportunities to improve your brand to attract and retain top talent.

Increased pressure to reduce rates, especially in areas where a firm is undifferentiated.  There is more market pressure to use AFAs or fixed pricing, even as the data needed to inform this effort is a struggle to identify, collect, and use.  As data breaches become more common, what is the best area to make investments to reduce risk?

High performing firms will focus on building depth, quality and distinctiveness in areas with less pressure to reduce rates.  Communicating differentiation to the market in higher rate practice areas is important.

Reducing costs and improving capabilities requires a review of your strategy for the next 3-5 years.  Let’s connect.