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Retaining existing employees is far more cost-efficient than hiring and training new talent. These programs can focus on areas such as financial management, cost-cutting strategies, crisis management, digital transformation, and more. This fosters a sense of loyalty, increases employee engagement, and reduces turnover rates.
Globalization and increased connectivity have enabled easy access to talented professionals around the world. The platform facilities virtual meetings and any financial transactions between the parties. Influence and resources of incumbents: Large consulting firms have knowledge banks and a large pool of talented people to tap into.
According to PWC , talent, technology and data will set winning professional services firms apart from the competition. Technology combined with data is a matter of life and death for professional services firms where the “product” is a combination of insights and expertise. directly integrated with core financials?
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