Meetings are essential to workplace communication, problem-solving, and decision-making. However, when remote work became the new norm and companies turned to virtual meeting platforms, meetings per person increased by 12.9%. The number of attendees per meeting also increased by 13.5%, and inefficient meetings were labeled as the leading disruptor of employee productivity. With the amount […]
According to Gallup analytics, only 12% of U.S. employees say their company does a good job of onboarding. This number is shockingly low for a process that gives new hires their first inside look at the company and their new role. Many employees report that they received no onboarding at all. Since many firms are […]
You’ve probably heard that nearly half of all startups fail within the first five years, but did you know the odds of successfully scaling are relatively bleak? Of the startups that survive five years, only about one in 200 become successful scaleups. According to McKinsey & Company, just 22% of businesses launched in the past […]
Due in part to lower barriers to entry, the management consulting industry has grown an average of 3.3% per year over the last five years, leading to the growth of more than 1 million competing firms. As the industry grows, long-term sustainability is increasingly vital for management consulting firms that want to remain around for […]
The accounting profession couldn’t exist without data analytics. But oftentimes, CPA firms are so focused on tracking and analyzing data for their clients that they’re less focused on using it to improve the firm’s internal operations. Using detailed micro-information captured by workforce management software can ease the burden of generating client reports, allocating resources efficiently, […]