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Will the delivered product/services be in demand on the market? Is it possible to get the expected ROI given the existing constraints and possible risks? Market feasibility. There are always things that we cannot predict: changes in economic and market conditions, or some unexpected events like covid-19 outbreak or war.
While the industry took a significant hit in 2020, it more than recovered in 2021 and the forecast is for continued global growth. If the ROI were not there, the investments would not be made. As they scale, they continue to produce more, better, and to sell more to a wider market. But it typically doesn’t go beyond that.
Deloitte’s “Global Human Capital Trends” Report (2021): Deloitte’s report indicates that coaching and mentoring programs have become crucial for leadership development, with 75% of respondents considering them important or especially important. By adding coaching to the program productivity increased to 88%.
In its research, “The Forrester Tech Tide : Sales Technologies, Q1 2021,” Forrester finds that digital “front doors” are now the primary way that sales prospects connect with brands—80% of B2B sales will take place in remote and digital settings, elevating the roles of data insight, digital content, and inside sales in the sales process.
Professional Services Overview Professional services firms – such as IT professional services firms, marketing/PR firms, or legal or financial advisers – are at an inflection point. RingCentral data suggests that the professional services market — overall — is growing at a CAGR of 9.1% — and stands to hit the $8B mark by the end of this year.
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