Maintaining a Healthy Professional Services Business in an Uncertain Economy
Thursday, June 22 | 11:00 AM - 12:00 PM (PT)
Are professional services recession-proof? Certainly not. Are they more resilient and less impacted by the traditional woes of inflation or even recession? Perhaps.
We have lived with increasing inflation for more than a year now as the Federal Reserve has raised interest rates each quarter to ward off a recession. Yet, more than half of global CEOs expecting growth to return by the year's end.
How can the dire predictions be true while unemployment is at its lowest level in half a century? If we are on the brink of recession, why isn't it showing up in the data? And why does the economy seem unfazed by the Fed rate hikes?
For one thing, historical comparatives don't account for the fact that the services sector now accounts for almost 80% of the US GDP. And that's important because a services economy is significantly less reliant on major inflation drivers than the manufacturing sector is.
Join us Thursday, June 22, for a discussion exploring the natural economic advantages built into the services industry. Learn how top-performing professional services firms utilize data and information to stay ahead of the market, and how access to accurate, real-time analytics and forecasting tools can help you successfully navigate even unfavorable economic times.
Consulting Magazine and Sage have assembled some of the industry’s leading executives and professionals to examine this issue in a roundtable format moderated by Consulting’s Michael Webb.
Brian SiefkesSr. Director Professional Services
Michael ValocchiSVP - Head of Cognizant Consulting - Americas
Dave HofferberthManaging Director
Service Performance Insight
Michael WebbDirector, Consulting Magazine
Key Topics Addressed
What will you learn?
You will come away from this webinar with a better understanding of the differences between services and manufacturing markets. And how can you ensure stability during volatile economic times by strategic use of data, analytics and the tools and tactics necessary to keep pace with an ever-changing market.