Posted by: DeltekUK
CIO, IT assets
Many firms in the technology consultancy sector are facing change on several fronts. In addition to an economy that continues to leave many businesses guessing as to where it will head next; firms also have the challenge of adapting to constant technological change. As this article reminds us, CIOs across all industries are facing pressure to ensure that any IT investment pays off and all IT assets are managed as efficiently as possible. However, managing people resources across the firm can provide as positive an impact on profit margins as optimising physical assets and should not be overlooked.
For many IT consulting firms, understanding resource across the business can be a real challenge. This is frequently due to a lack of appropriate project management tools that provide a true insight into which consultants are working on which projects and the resource and skills gaps across the business. Firms that do not have this information may also find that it is more difficult to make informed decisions when balancing teams, budgets and engagements – the main cause of client under or over resourcing.
Consulting firms must ensure that their project managers have one clear view of resource and skills across the business. This will help the company balance resource and project demands and ultimately help optimise profit margins.