Top Challenges Faced by Professional Services Industry Today
Tom Deacon, Director, Digital Global Head of one of the largest multinational professional services companies, Turner & Townsend, said, “Professional services firms are struggling to articulate and demonstrate values.” This is true.
The COVID-19 situation aggravated the problems for professional services industries as they strived to maintain a good customer pool, combat cost pressures, focus on skills, billing, etc. Simultaneously, an increase in the competition made it difficult for professional services organisations (PSOs) to direct their attention towards long-term strategy. Instead, short-term goals hogged the management’s time. Let’s take a closer look and understand the professional service industry in brief.
Source: https://www.ramco.com/blog/top....-challenges-faced-by
