{"id":3828,"date":"2020-08-20T16:58:14","date_gmt":"2020-08-20T16:58:14","guid":{"rendered":"https:\/\/env-8605394.mightybox.site\/?post_type=news&#038;p=3828"},"modified":"2024-09-24T03:38:46","modified_gmt":"2024-09-24T07:38:46","slug":"key-trends-impacting-it-engineering-staffing-firm-growth-and-profitability-transcend-downdraft-of-covid-19","status":"publish","type":"reports","link":"https:\/\/techservealliance.org\/reports\/key-trends-impacting-it-engineering-staffing-firm-growth-and-profitability-transcend-downdraft-of-covid-19\/","title":{"rendered":"Key Trends Impacting IT &#038; Engineering Staffing Firm Growth and Profitability Transcend Downdraft of COVID-19"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong>Report Highlights Secular Drivers of Growth and Profitability<\/strong><\/h2>\n\n\n\n<p>The just released 2020 TechServe Alliance Operating Practices Report (\u201cOPR\u201d), highlights a number of secular trends that transcend the impact of the COVID-19 pandemic including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Scale matters: smaller firms are less profitable as a percentage revenue<\/li>\n\n\n\n<li>High-profit spend less on sales than the typical firm<\/li>\n\n\n\n<li>The most profitable firms focus on direct client relationships and avoid VMS\/MSP business<\/li>\n\n\n\n<li>For those focused on direct client relationship accounts, one job advertising provider leads the pack as the source for candidates<\/li>\n<\/ul>\n\n\n\n<p>\u201cWhile some of the growth metrics reflect a pre-covid environment, the report highlights key trends and insights that transcend the current downturn,\u201d stated Mark Roberts, CEO of TechServe Alliance. \u201cIt is more critical than ever to manage by metrics&#8212;the challenging business environment has only made the necessity of being data-driven at both a strategic and operational level that much more imperative,\u201d added Roberts.<\/p>\n\n\n\n<p><a href=\"https:\/\/techservealliance.org\/wp-content\/uploads\/2021\/02\/Operating-Practices-Report-2020-Press-Release.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Read more &gt;&gt;\ufeff<\/strong><\/a><\/p>\n","protected":false},"featured_media":2365,"parent":0,"menu_order":462,"template":"","topics":[251,40],"class_list":["post-3828","reports","type-reports","status-publish","has-post-thumbnail","hentry","topics-research-trends","topics-covid-19"],"acf":[],"_links":{"self":[{"href":"https:\/\/techservealliance.org\/wp-json\/wp\/v2\/reports\/3828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techservealliance.org\/wp-json\/wp\/v2\/reports"}],"about":[{"href":"https:\/\/techservealliance.org\/wp-json\/wp\/v2\/types\/reports"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techservealliance.org\/wp-json\/wp\/v2\/media\/2365"}],"wp:attachment":[{"href":"https:\/\/techservealliance.org\/wp-json\/wp\/v2\/media?parent=3828"}],"wp:term":[{"taxonomy":"topics","embeddable":true,"href":"https:\/\/techservealliance.org\/wp-json\/wp\/v2\/topics?post=3828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}