Category: Resource Management
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Two Success Factors That Will Set Your Professional Services Teams Up for Success
The latest episode of Kantata’s Professional Services Pursuit Podcast features Carrie Young, VP of Strategic Solutions at Cority, who has extensive experience scaling professional services organizations and managing demand against capacity and resource optimization. This episode, hosted by Banoo Behboodi, focuses on a common services challenge associated with today’s economic climate: retaining talent during a…
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Unlock The Power of Contextual Communication With Kantata
This is part 3 of a three-part series on how your professional services business can unlock hidden value with the Kantata Professional Services Cloud. Learn more about the power of project budgets and resource allocation in our series. The Hidden Value of Contextual Communication While every professional services business is built on reaching out to…
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Retaining and Optimizing a High-Performing Services Workforce
This is a guest post from John Ragsdale, distinguished researcher and vice president of technology ecosystems for Technology & Services Industry Association (TSIA). Professional services is a people-intensive business. Through recent years of rapid growth, tech companies have struggled to retain consultants. Hiring has also been a challenge, which has impacted project delivery and created…
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Unlocking The Power of Resource Allocation With Kantata
This is part 1 of a three-part series on how your professional services business can unlock hidden value with the Kantata Professional Services Cloud. Learn more about the power of project budgets and contextual communication in our series. The Hidden Value of Resource Allocation We all know that projects can’t be completed effectively and on…
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What Is Team Collaboration Software?
If you’ve ever accidentally left someone off an important work email, you know how difficult it can be to keep every person in the loop on a project. But effective communication is necessary to maximize your time and work day. To keep everyone connected, try implementing team collaboration software. These software solutions and online services…
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Think Ahead with Resource Planning Tools
The ability to think ahead is invaluable when planning a project. Before the project even begins, you need to have a solid understanding of all the resources at your disposal, how they interact with each other, and the best way to implement them. Resource planning tools are able to take all of your resources and…
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Why Services Software is Critical in Today’s Networked Economy
The latest episode of Kantata’s Professional Services Pursuit Podcast features Ray Grainger, the Executive Chairman of Kantata and co-founder of Mavenlink. This episode, hosted by Brent Trimble, is centered around the vision for Kantata and the importance of services software in today’s networked economy. Below you’ll find some highlights and key takeaways from the discussion…
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Workforce Optimization: Getting More for Less
Every team manager dreams of getting their business to a place of true workforce optimization, where decision-makers have the tools they need to make the most out of limited resources, hours, and employees. This can only happen when an organization is working at peak performance. However, focusing on the strategy and discipline that leads to…
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10 Common Resource Management Mistakes
Resource management is a critical piece of every professional services organization, but it will take hard work for managers to be truly successful. Besides requiring in-depth knowledge of all available resources and how to best use them, resource managers also need to make corrections on the fly as new project requests and changes in both…
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Improve Predictive Accuracy with Resource Forecasting Tools
We all wish we could predict the future. Whether it’s wanting to know the outcome of a football game, the weather forecast, or even the lottery numbers, everyone has fantasized in some way or another about knowing what’s to come. The same is true for project management. Being able to predict a project’s timeline, possible…
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5 Reasons Professional Services Organizations Need The Kantata Professional Services Cloud
Running a professional services business is more challenging than ever, but with the right strategy and execution, the rewards can also be greater than they’ve ever been. The continued expansion of the professional services world, the increasing types of products and services required to keep up with client demands, and the seemingly limitless potential of…
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What Resource Management Solutions Will Work for Me?
For professional services teams to thrive, they require the unparalleled insight and control that only a purpose-built resource management solution can provide. When used well, a great resource management solution can help you keep track of the many moving parts across your projects, create timely and accurate reports, improve your team dynamics, and equip teams…
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Simplify Success with Resource Management Software
Resource management is the cornerstone of success for a thriving professional services business. That’s because in professional services organizations, your product is your people – without them, there would be no way to ensure clients are successful. Simply having the resources to undertake a project isn’t enough; you need to know how and when to…
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Leveraging Kantata Tools to Assist with Strategic Resource Management
In our previous blog, “Data Governance: The Secret to Great Resource Management,” we discussed the importance of having strong data governance models, data selection, and maintenance strategies in a modern professional services company. Ultimately, this data helps resource management offices make strategic decisions with a level of objectivity. And while it may seem challenging to…
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What Is The Future of the Liquid Workforce in Professional Services?
John Ragsdale, Distinguished Researcher and Vice-President of Technology at TSIA, recently joined host Matt Finch on The Professional Services Pursuit podcast from Kantata. This episode sheds light on John’s unique insights regarding the state of the liquid workforce and how contract work will continue to shape the future of the professional services industry. John shared…
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The 5 Biggest Resource Challenges Facing Agencies in a Post-COVID-19 World
By Moira Alexander, founder of PMWorld 360 Magazine and Lead-Her-Ship Group Industries around the world are familiar with how business landscapes are in a state of constant change. However, the COVID-19 pandemic has presented additional harsh difficulties and revealed some brutal realities, posing significant resource challenges in 2021 and beyond. COVID-19 has served as a…
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The Power of Purpose-Built Resource Management SaaS
In the world of professional services, every moment and every resource counts. And this is where strong resource management (RM) processes play a critical role in ensuring that team members are used to their fullest potential without burning them out. However, it’s not simply enough to use time-tested resource management strategies in today’s highly competitive…
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3 Crucial Resource Management Goals in Professional Services
Changemaking organizations consistently field the best teams. Your potential for success is built upon the collaboration between individuals that make up your business. The right people are important and so are the right systems to support them. That is where resource management comes into play. As the services industry continues to evolve, effective planning and…
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The 5 Pillars of Resource Management Solutions
Resource management is an art form that requires an excellent understanding of how the parts of a project come together to create a successful product or service. While resource management has never been simple, the larger and more complex businesses of today are becoming increasingly difficult to manage and include more individual pieces than ever…
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Data Governance: The Secret to Great Resource Management
Managing the many moving parts of a modern professional services company can be almost impossible without a strong grasp on data. This is where data governance plays an important role, as it is a collection of the processes, policies, roles, standards, and metrics that help businesses use information to achieve their goals. Strong Resource Management Needs…
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Resource Forecasting Defined: Why You Need It Now
Understanding what resource forecasting is, why it’s important to the success of your business, and how to apply forecasting properly can help you more effectively utilize your resources to meet the needs of your clients. What Is Resource Forecasting? Resource forecasting is the prediction of your company’s future project demands on your talent pool. It…
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Unlimited Resource Capacity: From Fantasy To Reality
The true capability of a company is based on their resources. Not just the skill they bring, but the volume of work they are able to take on and their level of efficiency. But any growing professional services business will run up against limitations that get in the way of taking on the opportunities that…
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What is Resource Management: Five Key Features
What is Resource Management? We have a tendency to think of resources in concrete terms, like natural resources such as water or industrial resources like steel used in manufacturing. However, resources can also be abstract. Both time and labor are abstract resources. Efficient resource management requires that all resources, both concrete and abstract, are used…
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Do You Have What It Takes to Attract The Talent You Need?
It’s no secret that contract workers have become more important than ever, especially in the world of professional services. More projects, higher client demands, and new types of services mean that today’s organizations must absolutely use freelancers to supplement their full-time workforce. But simply finding a single freelancer for a large-scale project with high demands…
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3 Ways to Successfully Balance Your Full-Time and Freelance Workers
In today’s work environment, building the best team with the capabilities to successfully deliver project-based work usually requires a combination of full-time and freelance workers. Capacity planning during the estimation phase of forecasting is always challenging, but you can set up your workforce for success by optimizing the differences between these two types of workers.…
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Keep Your Project Strong During Execution: Harnessing the Power of Your Project Team
By Peter Taylor, international keynote speaker, author of “The Lazy Project Manager.” This is the second part in a three-part blog series on the journey of a successful project. Read the first part on building a great project foundation here. The Lazy Project Manager’s Theory of Projects is: “All projects are thick at one end,…
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The Increasing Importance of Collaboration Across a Distributed Workforce
Environmental factors originally jump started the work-from-home revolution, but current research suggests the distributed workforce model is here to stay. Some estimates claim that at least 70% of employees don’t believe going into the office is necessary. Flexibility, less travel time, and reduced office costs are just a few of the perks of having a…
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Do You Have What it Takes to Scale Your Professional Services Business?
Growth is the hallmark measure of success for all organizations, but scaling your professional services business is difficult. The following are critical elements for every professional services firm that is looking to successfully scale.
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4 Resource Management Pitfalls and How to Avoid Them
The five pitfalls that should be considered when assessing the need to fine tune your resource management strategies and aligned with today’s tools and best practices.
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The 5 Biggest Resource Management Challenges At Your Agency: Overcome or Fall Behind
Now more than ever, agencies need to be at the top of their game to be profitable and scale their success. These are the 5 biggest challenges agencies need to beat today to succeed.
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Kantata Professional Services Cloud – What is it and Why Do You Need It?
The increasingly complex, fast-paced world of professional services needs a new technology solution. Find out about the Mavenlink Kantata Professional Services Cloud and what it can do for you.
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Resource Skills Development – How to Organically Grow Your Team
To stay successful and be prepared for future demands, today’s companies must turn to resource skills development as an organic means of growing their teams. With the right strategy, your organization can steadily grow stronger and have greater abilities to tap for a constantly changing future.
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What Sets the Highest Performing Professional Services Teams Apart?
One critical component of successfully growing and scaling a product-centric business is maintaining a high-performing services team that can hit the ground running at the start of each engagement and deliver value to customers quickly. Product companies that get a strong reputation for customer service can build on that foundation, using glowing reviews and references…
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Becoming a Resource Manager – A Firsthand Account of My Path to Success
Read this blog to hear from Jordan Boemer how you can find success in your career path as a resource manager.
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Make Every Minute Count: Why Time Tracking Still Matters
When it comes to time management, companies in the services industry need to strike a balance between oversight and insight. Understanding the value of time tracking and how to manage it in a positive way will help your services company stay ahead and build even greater success.
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Why You Should Invest in Employee Mental Health
What your employees need for their mental health in a post-COVID work environment. Learn more about how to support for workforce today.
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4 Steps to Optimize Resource Scheduling for Agencies
Creating a well-balanced, healthy, and profitable workload for your team can be done without major changes to team composition with these four steps.
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Online Collaboration in 2021: Evolution or Revolution?
By looking at how online collaboration will change in 2021, you can make informed decisions on how you collaborate today and in the coming years.
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Microskills – Are You Letting Talent Go to Waste?
Understand the depth and value of microskills and how to best tap into what is already available within your company to quickly expand the capabilities of your team.
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8 Tips for Estimating Resources in Project Management
Learn 8 tips for calculating resources specifically for project managers looking to improve profits and services delivery.
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4 Qualities of an Effective Resource Management System
Learn the 4 key capabilities of an effective resource management software system & how it can improve business performance.
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7 Steps to Create a Resource Management Plan
7 steps for creating and presenting a resource management plan, and 5 tips for making your resource management plan more effective.
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9 Reasons Why Resource Management is Important
Learn why resource management is important for dictating the timeline of the project, profitability, and overall success.
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5 Telltale Signs of Employee Burnout
Every manager should be on the lookout for signs of employee burnout to prevent high turnover rates. The following are five common signs of employee burnout to watch out for at your organization.
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What are the Objectives of Resource Management?
Read this blog to learn which resource management objectives are key to not services profitability and project success.
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10 Quick Ways to Boost Your Agency’s Productivity
Looking to improve your agency’s productivity rates? Here are 10 easy ways to boost productivity for greater success.
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How to Improve Customer Experience Through the Five C’s – Part 1
Learn how to improve your client experience with a focus on: Communication, Consistency, Collaboration, Company-Wide Adoption, & Efficiency
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4 Signs of Underutilized Resources (And How to Course Correct)
Look for these four signs of underutilized resources to start strengthening resource management strategies at your business
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What Are the 4 Most Common Challenges for a Scaling IT Services Organization?
Learn how to overcome challenges including building departments, changing management structure and more IT services scaling complications at your business.
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4 Easy Ways to Reduce Employee Turnover at Your Agency
Keep employee turnover rates low at your agency for greater success through these four tips that can improve employee satisfaction and loyalty.