{"id":16236,"date":"2022-12-22T05:04:53","date_gmt":"2022-12-22T05:04:53","guid":{"rendered":"http:\/\/ec2-52-95-249-27.ap-south-1.compute.amazonaws.com:8000\/blog\/?p=16236"},"modified":"2022-12-22T05:04:53","modified_gmt":"2022-12-22T05:04:53","slug":"infographic-ways-to-combat-resourcing-challenges-in-professional-service-industry","status":"publish","type":"post","link":"http:\/\/ec2-52-95-249-27.ap-south-1.compute.amazonaws.com:8000\/blog\/infographic-ways-to-combat-resourcing-challenges-in-professional-service-industry\/","title":{"rendered":"Infographic: Ways to Combat Resourcing Challenges in Professional Service Industry"},"content":{"rendered":"<p>The professional service industry is projected to reach $7 billion in 2025 at a CAGR of 7%. Nonetheless, the professional service industry is also struggling with an onslaught of challenges despite its impressive growth. Some major challenges include economic uncertainties, outsourcing risks, security threats, and more.<\/p>\n<p>Further, resourcing bottlenecks such as skill shortages, attrition, and low billable utilization, adversely impact the financial health of the PSOs. Therefore, professional service firms must proactively mitigate these resourcing challenges to remain competitive and profitable in the global market.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-16239 size-full\" src=\"http:\/\/ec2-52-95-249-27.ap-south-1.compute.amazonaws.com:8000\/blog\/wp-content\/uploads\/2022\/12\/Ways-to-Combat-Resourcing-Challenges-in-Professional-Service-Industry.png\" alt=\"Ways to Combat Resourcing Challenges in Professional Service Industry  \" width=\"875\" height=\"1451\" srcset=\"http:\/\/ec2-52-95-249-27.ap-south-1.compute.amazonaws.com:8000\/blog\/wp-content\/uploads\/2022\/12\/Ways-to-Combat-Resourcing-Challenges-in-Professional-Service-Industry.png 875w, http:\/\/ec2-52-95-249-27.ap-south-1.compute.amazonaws.com:8000\/blog\/wp-content\/uploads\/2022\/12\/Ways-to-Combat-Resourcing-Challenges-in-Professional-Service-Industry-181x300.png 181w, http:\/\/ec2-52-95-249-27.ap-south-1.compute.amazonaws.com:8000\/blog\/wp-content\/uploads\/2022\/12\/Ways-to-Combat-Resourcing-Challenges-in-Professional-Service-Industry-618x1024.png 618w, http:\/\/ec2-52-95-249-27.ap-south-1.compute.amazonaws.com:8000\/blog\/wp-content\/uploads\/2022\/12\/Ways-to-Combat-Resourcing-Challenges-in-Professional-Service-Industry-768x1274.png 768w\" sizes=\"(max-width: 875px) 100vw, 875px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The professional service industry is projected to reach $7 billion in 2025 at a CAGR of 7%. Nonetheless, the professional service industry is also struggling with an onslaught of challenges despite its impressive growth. Some major challenges include economic uncertainties, outsourcing risks, security threats, and more. Further, resourcing bottlenecks such as skill shortages, attrition, and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ways to Combat Resourcing Challenges in Professional Service Industry<\/title>\n<meta name=\"description\" content=\"This infographic discusses the most prevalent resourcing challenges in the professional service industry and how to counter them.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ec2-52-95-249-27.ap-south-1.compute.amazonaws.com:8000\/blog\/infographic-ways-to-combat-resourcing-challenges-in-professional-service-industry\/\" \/>\n<meta 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