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Growing a firm means you have to be diligent to balance the intake of revenue with the availability of your team's labor (I.e. capacity management). These are intimately related and must be considered together. It's imperative that you know when to hire, when not to hire, when to take on new revenue, and when to turn revenue away (or slow it down). This session will speak to the definitions of capacity management and how you can be proactive in navigating our labor market in these tough times.
Learning Objectives:
Indicate the definition of capacity management, and how to manage the exchange of team labor with client revenue.
Calculate how to balance the risks of team hiring, or controlling revenue in your firm.
Compare ideas on how to navigate team labor in this difficult hiring market, and how to lower the risks of team growth.