Remove 2017 Remove Efficiency Remove Sales
article thumbnail

Leading Management Principles of the World’s Top Shipbuilders

Epicflow

Nearly 56% of survey respondents believe they cannot demonstrate improvements in on-time project delivery, organizational efficiency, or profitability. HHI had delivered more than 2,150 ships to 320 shipowners in 51 countries as of 2017. This is almost 10% higher than in 2016. billion in revenue by 2022.

article thumbnail

Why CRM Projects Fail and How to Make Them More Successful

Harvard Business

In 2017, CIO magazine reported that around one-third of all customer relationship management (CRM) projects fail. Front-line sales professionals and managers rarely find the majority of these capabilities useful in winning more business for the company. And the sales team — well, they mostly hated it. The result?

Sales 132
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What the Big Mergers of 2017 Tell Us About 2018

Harvard Business

What do the most remarkable deals of 2017 tell us about this remix and its effects on our daily lives? The efficiencies of online business have continued to fell the old giants of retailing. In the last eleven years, we have seen over 500,000 M&A deals – more than in any such period in recent history. (We Our health.

article thumbnail

A Look into Microsoft’s Data-Driven Approach to Improving Sales

Harvard Business

Companies are beginning to utilize their employees’ behavioral data — generally known as people analytics — to better understand and improve their sales operations , with strong results. Microsoft, where we work, is no exception, and B2B sales is one of the areas where we are seeing the most value.

Sales 71
article thumbnail

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. But higher wages alone are not enough to break this vicious cycle. Take-home pay. Career paths.

Retail 122
article thumbnail

How Companies Are Already Using AI

Harvard Business

And in January 2017, McKinsey’s research arm estimated AI-driven job losses at 5%. By the time he left Amazon in 2013, his group had grown from 35 to more than 1,000 people who used machine learning to make Amazon more operationally efficient and effective. Over the same time period, the company saw a 10-fold increase in revenue.

Company 164
article thumbnail

One Reason Mergers Fail: The Two Cultures Aren’t Compatible

Harvard Business

Amazon’s 2017 acquisition of Whole Foods was met with a lot of fanfare. and scale up after its recent declines in sales and market share. Tight cultures have an efficient orderliness and reassuring predictability, but are less adaptable. Meanwhile, Whole Foods could lower its prices (organic avocados for just $1.69!)

Culture 132