However, with domestic demand led growth (as in the United States and Australia), the trade balance will worsen at the same stage of the business cycle.
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Investing in good technological based solutions is one of the best methods that will allow a company to survive in the tough competition. Many of you are trying to transform your professional services practices from a “body shop” model to a high value “solutions” model. The key to this transition is selling the client on letting you take responsibility for how you deploy your resources to achieve the project objectives. Under the body shop model you would more than likely commit people on a full-time basis. When your firm instead becomes accountable for delivering the total solution within a tight time frame and under considerable fee pressure, you must have full control over your resources. With full resource control and … Read the rest