ClickTime Blog
Strategic Forecasting Part 3: Modeling Staffing and Productivity Curves for Accurate Financial Planning
In part one of this series of articles, I discussed "Strategic Financial Forecasting: How Time Tracking Data Transforms Multi-Year Financial Models." In part two, I focused on "Building a Calendar System that Anchors Multi-Year Models." In this article, I will explain how to create staffing and resource allocation models using actual productivity curves for more accurate and actionable forecasts.
Why Good Software May Be the Secret to Keeping Employees Happy
Good software makes our lives happier at work.
Project Cost Estimating: How to Accurately Do It Every Time
It's a natural thing for people to look forward to the future.
Profit Margins: What They Are, Why They Matter & How to Calculate Them
Profit margin is arguably the most important metric for any private business out there.
Protecting Productivity: 6 Ways to Avoid Context Switching at Work
Protect your productivity by avoiding unecessary context switches at work.
How to Track Time: Tips for Success at Every Stage of Your Time Tracking Journey
Getting your organization to track time correctly is challenging.
Tailoring Your Grant Proposal to the Funder: 5 Tips
"Building a relationship with the funder" and other tips to tailor your grant proposals to different funders.
How Software Can Help Streamline Nonprofit Operations
Upgrading your current nonprofit software solutions? Learn how you can verify that you’re making the most of your new or existing tools.
Against All Odds: How Accurate Data Helps PR Firms Nail Their Forecasts
At 80-1, Rich Strike was an incredible long-shot at winning the Kentucky Derby but he left spectators stunned at Churchill Downs on May 7th. His small group of supporters was overcome with joy as they witnessed the results become official—“We shocked the world, people!” roared one team member. Trainer, Eric Reed, collapsed in the paddock after watching the race play out—“I passed out,” he said. “I don’t remember what happened.” And owner Rick Dawson, who estimates Rich Strike has won “about 10” races in his life, was left in a complete state of shock and delirium—“Um, what planet is this?” he asked, in a giddy daze.
7 Signs You’re Ready to Hire New Employees to Support Your PR Business
Over the last two years, millions of American workers have voluntarily left their jobs in an ongoing economic trend coined the Great Resignation. Spurred by the vast disruption caused by the pandemic, today, more than 11 million American jobs remain open, and job seekers are taking advantage. You might say the grass has never been greener as employees continue to hand in their notices for more lucrative opportunities that embrace flexible work cultures.
Overservicing: A Death by a Thousand Cuts
Picture it. A brilliant young PR account manager keels over from cardiac arrest at the ripe old age of 32. Arriving at the pearly gates, she’s incensed. She asks St. Peter why she's been taken so young, someone with so much ahead of her, so much to live for. St. Peter digs through a pile of documents, squints at the young woman over the top of his spectacles, and says, “Because according to your timesheets, you have to be at least 110.”
3 Steps for Simplifying Small Business Management
As small businesses grow quickly, their leaders often don’t have time to consider or research the best software systems for their long-term needs. So they end up tacking on whatever new software or processes will work at the moment.
Six Ways for Professional Services Leaders to Increase Employee Utilization
For a professional services firm, there are few metrics more important to consider than utilization rate. While Operations teams at firms are familiar with utilization, we’re going to dive into some details about utilization that you may not think about often enough.
Invite-Only Grants: How to Get Your Foot in the Door
As your organization lays out its funding strategy for the coming years, you’ll almost certainly consider your grant seeking goals. Nonprofits rely on grants from all kinds of private and public sources to develop and sustain new programs and build capacity while still being able to cover their overhead expenses.
Adjusting for Inflation: How to Increase Your Service Prices in 2023
Akagi Nyuguyo, a Japanese frozen dessert company, needed to raise prices for the first time in 25 years. To communicate the news, they created a televised commercial in which somber-looking executives stand in tight formation. Without speaking a word, the leadership team bows in contrition for raising the price of their kids’ popsicles. Folksy music plays in the background lamenting financial hardship and the clip ends with the text "we held on for 25 years but..." Several million YouTube views later, the company received a tremendous outpouring of support from their loyal customers. That’s good marketing.
Nonprofit Boards: 3 Tips for Better Remote Communication
Communication is already difficult enough when it’s face-to-face. Throw in a global pandemic and its remote communication implications, and staying connected becomes even more difficult. This is especially true for board members who need to address their organizations’ urgent needs while tending to their work and home lives.
