With Beyond Software 6.4 being released, learn about some of the new features and enhancements that are coming.| blog.beyondsoftware.com
Of the many reasons why projects fail, wasted or lost time is often near the top of the list. Recent reports indicate that, in today's busy industrial world, losses caused by lost or wasted time are the norm, not the exception. If you want to improve the success and profitability of your professional services business, one tactic you should consider is to gain more control over its use of - and billing for - time.| Main Blog
Click to view part one of this series on value-based pricing. In “Why Value-Based Fees Rarely Work in Consulting,” consultant Michael Boricki tells the story of Sara, a crackerjack software engineer at a large tech firm who decides her compensation is insufficient for her capabilities. So she goes to her manager and says, “I have these great skills the company truly needs and because of these outstanding skills I think I deserve a 20% increase.”| Main Blog
Charlie Steinmetz was an electrical wizard – so much so that Henry Ford hired him to design the massive generators used to supply electric power to Ford’s auto manufacturing plant. One day, those powerful generators ground to a halt, and none of Henry Ford’s technicians could get them going again. Ford called in Charlie.| Main Blog
Should professional services organizations ever charge up front for their services?| Main Blog
As in all other industries, technology is changing up how CPA firms get their work done, and the profession is only the better for embracing it. Technology is offering better, smarter tools to address routine tasks, giving CPA's more control over their corporate books and facilitating better services for their customers. Further, not only are daily functions evolving but so are the ways that CPA firms are billing out their services, to incorporate the cost of the tech and its value into their...| Main Blog
In one tension-filled scene from the 1967 movie Cool Hand Luke, the Captain, a prison warden, angrily tells Luke, an inmate who has resisted his authority: “What we've got here is failure to communicate.” Indeed, the lack of communication between the two is critical to the film’s storyline…and its success. But in the business world, failure to communicate can – and does – wreak havoc on performance. This is especially true in professional services organizations (PSOs), where so mu...| Main Blog
The management consulting industry continues to boom, reaching $250 billion in 2017. After decades of growth, during which consulting firms proved their worth by providing critical insights, experience, and guidance in every industry, today's management consulting sector continues to play a vital role in moving the global economy forward into an increasingly technological (and lucrative) future. The resulting pressures are also changing how the industry itself does business.| Main Blog
Recent discussions with international building design specialists point to two disparate yet comparable challenges facing today's architecture industry: how to embrace the values of the future while overcoming the shortfalls of the past. While architecture schools and curriculum options expand to address new building models, materials, and theories, our evolving society is forcing changes to the way populations live and work together. Today's and tomorrow's architecture firms must find the to...| Main Blog
Automation has many advantages - including the delivery of goods and services better, faster, and more cost effectively. Why then are professional services organizations lagging behind the automation curve? Is project accounting automation really that important? The short answer is yes.| blog.beyondsoftware.com