Positioning Professional Service Firms

Written by Tom "Bald Dog" Varjan


Continued from page 1

Due to repeatability and increased operational structure,repparttar major role shifts from senior professionals to junior staff and temporary help. The firm uses senior staff to go out and hunt for new business.

Skill-building is up to people' individual drive, and largely left in their own hands. The firm' mission is to exploitrepparttar 104616 skills these people have already acquired, and there is no interest in helping them to build new skills. Senior talent is used mainly for managing engagements and reinforcing policies and procedures.

Since these firms deal with issues as problems to their pre-packaged solutions, there is some compartmentalisation. There is a clear hierarchical difference betweenrepparttar 104617 implementers (junior staff) and business getters (senior staff). In these firms there is an increasing pressure to provide career opportunities for juniors, as opposed to merely giving them jobs. However, juniors are still often treated by seniors as necessary evils eating awayrepparttar 104618 seniors' margins.

HIGHLY PERSONALISED PREMIUM WORK

These firms do not have well-defined approaches. They can be regarded as "organised confusion" in which people of diverse backgrounds and expertise perform a pretty broad range of work in an unpredictable fashion. This firm' mantra is "How can we deliver higher client value at higher fees using less of our time, effort and resources?"

They stay onrepparttar 104619 cutting edge of their disciplines and walk into every new assignment with a clean slate and an open mind. You can recognise them because they ask a hell of a lot of questions.

The success of these firms is based onrepparttar 104620 unique knowledge base of their people. They do not have "standard approaches". Everything they do is "frontier" stuff, involving lots of experimentations.

The use of junior staff is almost zero. Leverage is usually achieved by using clients’ own implementing team, which also becomes part ofrepparttar 104621 knowledge transfer process. This way one single consultant, co-ordinatingrepparttar 104622 implementing team, can achieve amazing results.

And here lies another difference. There is a huge difference in focus betweenrepparttar 104623 first two and this type of firm. The first two type of firms focus on tasks, activities and deliverables. For example, we write 12 1000 page reports, we deliver 10 half day workshops with 50-page student manuals.

Premium firms go for results and outcomes. For instance, we help you to increase sales by as much as 20% inrepparttar 104624 next six months, we help you to reduce talent turnover by up to 15% inrepparttar 104625 next three months.

Can you seerepparttar 104626 difference? One firm can build you a website. It is nice but useless. The other firm can help you to reducerepparttar 104627 cost of acquiring new business fromrepparttar 104628 global market place. That is something. Having a web site only forrepparttar 104629 sake of having a web site is just as useful as putting a pimple on an elephant’s arse. It makes no difference at all. At least not torepparttar 104630 elephant. Well, unless it is a small elephant and a huge pimple, but now we are into zoology, so let us get back on track.

The other differentiating factor of these firms is that head count isrepparttar 104631 bare minimum with minimum operating overheads and maximum margins.

Talking about "frontier" work, clients are looking forrepparttar 104632 best and most reputable firm. Forrepparttar 104633 firm it is vitally important to seek this pre-eminence by buildingrepparttar 104634 reputation of individuals.

Amongrepparttar 104635 three type of professional service firms, this isrepparttar 104636 only one that recognises that people build relationships, thus do business with people, not with firms.

ON SUMMARY Now take some time and have a hard look at your firm. Think about how you present your solutions and how you interact with clients.

* Which type of firm is yours?

* How could you step up torepparttar 104637 next highest level?

* Who do you have to become and what do you have to do to be able to step up?

* What would berepparttar 104638 pay-offs of stepping up?

* What arerepparttar 104639 investments you have to make in order to step up?

Tom "Bald Dog" Varjan of Dynamic Innovations Squad helps professional service businesses to build high trust client relationships in which they can deliver higher value at higher fees, using less of their time and effort. You can request his e-booklet “Why Most Service Professionals Consistently and Persistently Undercharge for Their Services” by emailing booklet@di-squad.com


THE RETURNING RESERVIST DILEMMA

Written by Sharon Winston


Continued from page 1
Delegate. There is a difference between simply reassigning responsibilities and true delegation. It’s important to let go ofrepparttar expectation thatrepparttar 104615 work will be done inrepparttar 104616 same wayrepparttar 104617 reservist would have done it. Communicaterepparttar 104618 results you need, but allow your team to find their own path to those results. Forcing a specific work process will only serve to reinforcerepparttar 104619 idea that team members are performing "someone else’s" work. Remain flexible. During active service,repparttar 104620 reservist may not be able to maintain regular contact withrepparttar 104621 office, particularly if he or she is stationed in an unstable area like Afghanistan. It is also unlikely that you’ll be able to depend on a particular timeframe forrepparttar 104622 reservist’s return. You’ll need to plan future projects withoutrepparttar 104623 reservist, but be prepared to integrate him or her back intorepparttar 104624 workflow when necessary. Reach out. Keep in mind that reservists will be understandably nervous about being away from work for an extended period of time. Regularly emailed updates of office news or even occasional calls by an immediate supervisor torepparttar 104625 reservist’s spouse can help minimize any feelings of isolation. Remindrepparttar 104626 reservist that he or she is still a vital part ofrepparttar 104627 team, even thousands of miles away. Prepare a reintegration strategy. Returning reservists often face mixed feelings from colleagues, particularly those who took on additional roles that must now be relinquished. It’s important to let everyone onrepparttar 104628 team knowrepparttar 104629 role they will play moving forward, and to updaterepparttar 104630 reservist about who stepped up torepparttar 104631 plate during his or her absence. Reassurerepparttar 104632 reservist that he or she is positioned correctly and understand thatrepparttar 104633 adjustment will take time. Management teams should familiarize themselves withrepparttar 104634 reserve process, so that they can develop realistic strategies. One misconception that many companies have is thatrepparttar 104635 reservist will be prepared to come back to work within a few days of their return torepparttar 104636 United States. Reservists need time to spend with their families and to adjust to being home. Depending onrepparttar 104637 amount of timerepparttar 104638 reservist has been away, USERRA provides guidelines for when they are expected to resume their pre-service jobs. Ideally, companies should develop clear policies governing military reservist employees and incorporate those guidelines into their human resource manual. This will help management and employees alike deal efficiently and sensitively with a situation that is likely to become more widespread inrepparttar 104639 months, and possibly years to come. Military reservists are part of a larger national defense strategy. They’re helping to safeguard our country and it’s important that management teams place their absence fromrepparttar 104640 office into that context.

Regional Senior Vice President and General Manager of Career Services Company Lee Hecht Harrison


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