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Leading Management Principles of the World’s Top Shipbuilders

Epicflow

The State of Project Management 2018 survey by Wellingtone reveals a harsh truth — dissatisfaction with the current level of project management maturity in organizations all over the world is higher than a year ago. HHI had delivered more than 2,150 ships to 320 shipowners in 51 countries as of 2017. billion in revenue by 2022.

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Health Systems Need to Completely Reassess How They Manage Costs

Harvard Business

hospitals and health systems experienced an average 39% reduction in their operating margins from 2015 to 2017. Eliminating layers of management. One thing that distinguishes the typical nonprofit from a comparably-sized investor-owned hospital is the number of layers of management. PM Images/Getty Images. As the U.S.

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25 ideas to help you set good goals in 2025

Halo Psych

Create FAST goals If you manage a team and are setting goals with each of them, then FAST goals might be helpful. An article from MIT Sloan Management Review suggests that while SMART goals can be helpful, they tend not to include ambitions within the framework, nor are they explicitly set up to encourage regular discussion about the goal.

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Examples of Organizations Who Have Top Business Training Programs

Clarity Consultants

In this kind of environment, focusing on worker retention and cross training to make existing workers more efficient makes a lot of sense. Headquartered in Boston, MA, Bain & Company is listed as the best place to work in Glassdoor’s 2017 awards list. Bain & Company. Boston Consulting Group.

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Higher Wages Aren’t Enough to Turn Mediocre Jobs into Good Ones

Harvard Business

Drawing on the concept of “efficiency wages,” some economists argue that higher pay can by itself improve performance by enabling companies to attract and retain better people and by motivating employees to work harder. They need management approval for even the smallest things, such as accepting a return or making a price change.

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Meaningful Work Should Not Be a Privilege of the Elite

Harvard Business

But their way of thinking about prosperity also offers direction for any managers who want to work harder to make the world better off: your mission is to imagine, develop, and launch more life-improving solutions, especially the kinds of goods and services that improve ordinary people’s lives. Many minds make lighter work.

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Why Business Leaders Need to Read More Science Fiction

Harvard Business

If 19th-century urban planners had had access to big data, machine learning techniques, and modern management theory, these tools would not have helped them. Rising sea levels flood Manhattan in Kim Stanley Robinson’s New York 2140 , prompting hedge fund managers and real estate investors to create a new intertidal market index.