Not Immune to Change
The professional services industry is where human capital – time, knowledge, and expertise – is the primary focus. Providers can be large enterprises with hundreds of employees, agencies, or firms. Like all industries today, Professional Service Firms (PSFs) face a never-ending onslaught of challenges. Despite numerous opportunities for success, constant forces act against companies in this industry sector.
Professional services organizations are facing many challenges to profitability and growth. Market saturation in some service sectors, price pressure, economic and political uncertainty mean professional services organizations must find new ways to differentiate themselves to gain a competitive advantage. PSFs are in a highly competitive marketplace that not only requires them to add new clients but also have the data analytics and insights that enable the development of new services and offerings that extend the lifetime value of the existing relationships with clients.
Digital has changed every industry. However, the impact of digital has been particularly acute in the professional services industry, which has had to adapt to client needs quickly and a global pivot to a digital-first world. And while the professional services industry has learned fast, its members must keep up with the constantly changing relationship between them, client expectations, and the mutual medium where they both meet: digital channels. As a result, information has become a key weapon for PSFs as they face many challenges, including human capital management, achieving new business, managing resources, productization, and financial management of projects.
PSFs are in a highly competitive marketplace that not only requires them to add new clients but also have the data analytics and insights that enable the development of new services and offerings that extend the lifetime value of the existing relationships with clients.
How We Help
At WiserWulff we provide our PSF clients with:
- Deep program and project management capabilities to drive strategic initiatives
- Development of intellectual capital repositories
- Identification and implementation of effective technology solutions to enhance operations and support services
- Optimization of internal processes and procedures to enhance efficiency, reduce costs, and improve client service
- Operational insights to assist with the achievement of business goals, enhanced operations, and advancement of competitive positioning
Great PMs Know Great PMs
Project Management is one of the hardest skills to find because while there is vast technical knowledge necessary to be a good PM, having that knowledge doesn’t make you a good PM. We’ve made it our mission to hire the best Project Managers and have tasked them with finding the next generation of PM talent. We know what to look for, and we know it when we see it.