article thumbnail

What is the Professional Services Industry All About?

Progressus

A client will now pay for the overall gains such as tax savings, ROIs, insurance claims, and so on. We also offer change management courses for user adoption. This shift from a time-driven to a value-driven model allows professional services firms to get more clients and increase their profitability.

article thumbnail

How CEOs Can Keep Their Analytics Programs from Being a Waste of Time

Harvard Business

The findings show that fewer than half of analytics programs met initial return-on-investment (ROI) goals. But poor ROI is only part of the story. Insurance, a very analytics-intensive industry, saw nearly half of CAOs changing roles over an 18-month period.). Chief Analytics Officers (CAOs) were frequently replaced.

ROI 28
article thumbnail

The 5 Things Your AI Unit Needs to Do

Harvard Business

And how will they pick project ideas that produce real ROI? This is the case at German insurance company Allianz, which funded Europe’s first global AI equity fund to position itself as a “pioneer in AI investments.” Now Michael is stuck on how to proceed further. Insight Center.

Data 28