The year 2020 was a challenging time for businesses around the world in nearly every industry. The COVID-19 pandemic brought sudden changes to daily work life and reduced revenue in ways that have left organizations scrambling for solutions. In many cases, layoffs have been the go-to solution for companies looking to reduce costs and maintain margins. However, downsizing your workforce is not the only way to reduce costs and, in many cases, may create more complications for teams who...
Fully optimizing each member of your team is a dream for every business. By calculating utilization rates and determining where every resource can be best used, businesses can supercharge productivity without burning out team members. However, many companies today have increased their teams’ utilization to the next level yet still find themselves unable to reach the goals they have set. So what’s holding them back?
Resource managers often rely on strong communication and instinct to guide their teams for success. However, the modern age of business has increased the speed of work and the number of variables that go into every task. When combined with the rise of remote work, relying on these soft skills is no longer enough to succeed. As a result, more resource managers are turning to data science than ever.
Sales engineering is about more than helping to close deals, it’s about creating a long-term relationship with clients and setting them on a path that ensures their success and the success of the product or service being purchased. Are we here to sell software? Or are we here to help our prospects achieve the best possible outcomes? Maybe they don’t even know the full potential until we show them the way.
Agencies run a tight ship, carefully balancing the need of their clients, the continual cycle of new projects and the resources required to keep everything running smoothly. Oftentimes, even the most successful agencies can be affected by resource management mistakes, creating unnecessary costs and project delays.
Since the COVID-19 pandemic, companies around the world have embraced remote work for the health and safety of their teams. However, offices still play a role for many businesses and provide a central hub. While the future is not set, it’s likely that the changes created by the pandemic will have lasting effects on how teams work, with many surveys showing that a remote work option will be desirable well into the future.
As the leader in project and resource management, Mavenlink is always looking for ways to improve our solution while continuing to deliver maximum value and an exceptional experience to each of our clients. We are pleased to share highlights of a few of the latest additions and improvements to our product.
The world of online collaboration and communication has become an increasingly important aspect of every business, driven by the switch to digital files and distributed workforces. Whether you are working completely remote, in a centralized office, or a combination of the two the COVID-19 pandemic has made online collaboration even more critical to the success.
The COVID-19 pandemic has created new challenges for businesses around the world, forcing companies to adapt to new work circumstances and revealing processes that no longer work in this new way of doing business. It has also exposed weakness in the technology solutions that companies have depended on for years.
Running a services business today requires modern technology that extends beyond point solutions and actually connects the business. Business leaders need a system that will help them manage every aspect of their business and be with them every step of the way as they grow and adapt to a changing market.
When a team member is hired, it’s most often to fill an open role or provide specific skills that are necessary for success. Whether in a management position or an individual contributor role, a person’s experience and capabilities are typically far greater than what is required for their role.
Herjavec Group is a cybersecurity firm offering comprehensive protection to minimize cyber attacks and threats for companies around the world. Learn how Mavenlink's resource management capabilities helped Herjavec Group increase utilization and productivity across their teams and projects.
In project management, it’s well known that organization is critical for success. The clear communication of goals, targets, and deadlines establishes the foundation for each team member to accomplish individual tasks in a prompt and productive way while keeping the overall objectives in mind. A project timeline is an essential management tool that chronologically tracks stages, intermediate milestones, and deadlines to keep all team members engaged and aware. When interdependencies and...
Every successful services business has a deep understanding of project budgets and what it takes to create an accurate budget and stay on target. While this may seem straightforward there are many complicating factors that must be taken into account regarding a project’s budget and keeping it on track. Success for a company demands a well-rounded knowledge of how to create a project budget that is realistic, achievable, and ultimately in service of healthy profit margins.
The shift to remote work across nearly every industry around the globe has fundamentally changed the sales process. From the first engagement with a prospective client to completing the transaction, sales teams must now execute without the many benefits that come from face-to-face in-person interactions.