Unlimited Resource Capacity: From Fantasy To Reality
The true capability of a company is based on their resources. Not just the skill they bring, but the volume of work they are able to take on and their level of efficiency.
But any growing professional services business will run up against limitations that get in the way of taking on the opportunities that will help them succeed in the ways they truly need. With a limited amount of workers and skills constantly put to use on the most urgent projects, today’s agencies are usually scraping their workforce together to make it through each project instead of thriving in their market.
But there is hope for becoming the company that you want to be. It’s found in achieving unlimited resource capacity and being able to take on the work you want, when you want without the constraints experienced by most organizations working with outdated resource management strategies. The question is, how can you reach it?
Understanding Unlimited Resource Capacity
When discussing the possibility of unlimited resource capacity, it’s important to note that some businesses may not actually fully understand their true capacity. This can often be due to haphazard planning and outdated resource management software that doesn’t provide an accurate and complete view into what is possible with your team members. In any case, companies should gain complete understanding of their current capacity to fully understand what unlimited capacity looks like for them.
True unlimited resource capacity means that a company’s potential resource capabilities can match any level of project demand. Ideally, a company’s ability to take on any type, any size, and any number of projects without their resources imposing limitations on what can be delivered on time and on budget. This means that a company’s vision for their day-to-day and future project needs can be shaped to their needs and freed from complications that plague so many growing professional services businesses today.
Achieving Unlimited Resource Capacity
Now that we know what unlimited resource capacity is in theory, the question becomes how can a professional services business work to achieve it in the realities of day-to-day business?
Having unlimited resource capacity is based on three elements:
1. Access to a Contract Resource Pool: No team member can do every potential job, so it’s imperative to build a dependable pool of contract workers to tap into as needed. These freelancers will provide the types of skills and flexible schedule needed to have truly unlimited capacity.
2. Having Complete Understanding of Skills and Time: Capacity isn’t just about the number of team members you have, it’s about the skills they bring and the time they have available to work on projects. If you are running short on either of these, then your capacity has limits. A strong resource management solution will catalog the skills of every team member and provide reliable insight into their available hours for successful project assignments.
3. The Ability to Assign and Deploy Resources Immediately: Once you have your workforce in place and your insights at the ready, it’s important to be able to deploy them at the drop of a hat. In the event that project timelines change or new work is needed urgently, resource managers will need a solution that can effectively assign work and provide the support necessary to meet deadlines.
Together, these elements allow a company to react to the unexpected and take on projects that help them succeed and grow the business.
Using Unlimited Resource Capacity
Once a company has actually achieved unlimited capacity, the question becomes how best to put their unlimited potential to use.
What’s most important is that a business combines their day-to-day work processes with the newfound capabilities of unlimited resource capacity and the discipline to only take on projects that are right for the company. With new capacity, it can be tempting to take on as many projects as possible right away or to simply accept any contract in an effort to boost profits. But experienced resource managers will know that gradual, controlled scaling will benefit them in the long run as team members and managers become accustomed to their new reality. In the end a more adaptable, more profitable business will emerge.
When put to use through a dependable resource management solution, the enticing idea of unlimited resource capacity can become a reality that informs the everyday successes of professional services companies. Together, newfound success in an unpredictable industry is possible in very real, very tangible ways.
Find Help Achieving Unlimited Resource Capacity
Unlimited resource capacity is possible, but it needs a modern resource management solution that can adapt to a constantly changing world and the ever-shifting needs of your team members. The Kantata Industry Cloud for Professional Services™ is purpose-built for your resource management needs.