Some fantastic insight from Joanne Reid...
📚 Page 296 of AGENCYNOMICS : "How to Grow Your Agency to the First £5M and Beyond" highlights the crucial role of effective Project Management within agencies. 🔍 This section illustrates the impact of Project Management through a comparison of three agencies Cactus has worked with, all providing the same service and earning £1.5M: 1️⃣ Agency 1: Extremely inefficient, believed adding more staff was the solution. 2️⃣ Agency 2: Slightly more efficient but had too many fee earners and not enough organisers. 3️⃣ Agency 3: Smaller team but highly efficient. Projects were rarely late or over-serviced, and the rates per employee were optimal. I did get a mention on the book before I joined Cactus which is a HUGE honour and revisiting this years down the line... It still reinforces why #ProjectManagers play a crucial role within Agencies. Because of what they do day in day out... Investing in their role and providing support, up-skilling, and training isn't just beneficial—it's essential for maximising project outcomes and driving business growth. 🌟 Resources available to you: 🎙 Podcast for Agency Project Managers - #Deliverology https://lnkd.in/efAriXVf 🎓 Training and Consultancy support - https://lnkd.in/dqpx973F 📕 Agencynomics Book (referred to here and photo credit) - https://lnkd.in/expDaseS #ProjectManagement #AgencyGrowth #Efficiency #Agencynomics