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7 Critical Success Factors for Project Based Firms to Consider in 2024

Progressus

CSFs can literally be anything — whether it’s improving customer satisfaction, increasing revenue, reducing operating costs, or something specific to a particular project or deliverable – making them somewhat difficult to identify – let alone define in concrete terms. Are project operations, sales, customer service, etc. Retain talent?

Agile 52
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The Most Common Money Fears of Consultants & Coaches (and How to Get Over Them)

Consulting Matters

In the past you operated in a compensation model where you do work and then get paid. Now you're operating in a return on investment model where you invest your money, time and talents in your business with the expectation of a return. I had just come through a divorce the decimated my finances. as little as 90 days.

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How to Achieve Maximum ROI from your CRM

Comatch

Few enterprise tools have the potential to revolutionize daily operations and help businesses achieve best-case ROIs like a CRM. However, three key benefits of a CRM stand out by delivering the most long-term value: Enhancing business visibility with unprecedented insights into everyday operations.

ROI 52
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Upgrade your Legacy System without Disrupting your Project-based Organization

Progressus

According to the United States Government Accountability Office , ten of the government’s legacy systems cost approximately $337 million annually to operate and maintain. During implementation, we really tried to treat the solution as not just another tool—it’s bigger than that,” says a partner at the firm. What are Legacy Systems?

System 52
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How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

If you’re not a numbers person, finance is daunting. Stop avoiding finance because you’re afraid of numbers. Think of it this way, “Finance is the way businesses keep score. “Finance and accounting are very simple. .” “Finance and accounting are very simple. Overcome your fears.

Finance 28
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The AI and ChatGPT Boom: What You Need to Know

Comatch

The acronym stands for Chat Generative Pre-Trained Transformer, which means that this model uses a deep-learning system called the transformer network (as described by Google in a landmark paper ) to understand context and emphasis in language and generate text responses. How Could ChatGPT Change the Consulting Landscape?

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Key Performance Indicators (KPIs) for Professional Services Firms

Progressus

YoY analysis extends to examining sales performance, customer retention, utilization rates, and other operational aspects to pinpoint issues hindering growth. This metric offers insights into overall productivity, informs training, project assignments, and tech investments, and guides pricing strategies to ensure project profitability.