Epicflow

JUNE 10, 2022

So, the importance of risk management cannot be overestimated – it’s better to stay ahead of all possible threats to your project. . What are the most typical risks associated with aerospace engineering projects, and how to manage them effectively? Project management risks. Managing the supply chain. Talent management. .

Engineering 246

Engineering Management How To Risk Analysis 246

Steve Shu Consulting

JUNE 15, 2011

Although I’ve developed a number of blog posts addressing the practice of management consulting, I have spent little time tying things together into a framework of secret weapons of the modern consultant. A modern consultant is a professional that can work in dynamic industries, operate within multiple types of consulting organizations (e.g.,

Consulting 337

Consulting Development Analysis Leadership 337

Clarity Consultants

APRIL 16, 2025

Without tracking and analysis, businesses can’t accurately evaluate how well new hires understand critical information, skills, and company processes. This not only increases operational costs but also pulls HR and managers away from strategic activities.

Training 130

Training Training Case Study Case Studies 130

Clarity Consultants

MAY 19, 2024

Mastering the art of Learning Management System (LMS) optimization is essential for any organization striving for efficiency and effectiveness. The Essence of LMS Management At the heart of any successful LMS lies robust management. However, the concept of governance often becomes a nebulous area, leading to inefficiencies.

System 162

System Management Analysis Efficiency 162

Epicflow

AUGUST 3, 2022

For this purpose, a great number of organizations started to set up a project management office (PMO) – according to the 2021 report on the state of project management [1], 82% of organizations reported to have one. . Does every company need a project management office? What are the functions of a project management office?

Management 244

Management Methodologies Resources Efficiency 244

Clarity Consultants

FEBRUARY 9, 2025

Strong project management skills are essential for L&D specialists to effectively plan, coordinate, and execute initiatives, ensuring all aspects of training programs are organized and aligned with business goals. Cost savings: Measure reductions in operational costs due to increased efficiency or reduced errors.

Metrics 147

Metrics ROI Training Training 147

Epicflow

JUNE 21, 2023

Among other things, this can be achieved by improving a company’s operational efficiency. How is it possible to increase operational efficiency in project-based organizations? What Is Operational Efficiency and Why Improve It? Improving operational efficiency means delivering more output with the same or less input.

Efficiency 130

Efficiency Operations How To Resources 130

Epicflow

JANUARY 30, 2025

An effective Project Management Office (PMO) in an organization is a must nowadays. It helps standardize project management practices, ensure alignment with organizational strategy, and provide oversight to deliver projects successfully. Enhanced risk management through predictive insights. What is a PMO? What are PMO tools?

Tools 130

Tools Software Efficiency Resources 130

Epicflow

MARCH 22, 2023

Also, if a company decides to cut expenses but does nothing to increase operational efficiency, it may lead to delivering low-quality output and decreased customer satisfaction. To achieve this, you should analyze your business processes, improve operational efficiency, and identify the causes of excessive expenses.

Resources 188

Resources Management Efficiency Operations 188

Chad Barr

DECEMBER 4, 2024

Healthcare : Predictive diagnostics detecting diseases like cancer through imaging and genetic analysis. Retail : AI-powered inventory management reducing waste and optimizing stock levels. Business Operations : Virtual assistants scheduling meetings, automating reminders, and handling repetitive tasks seamlessly.

Tools 98

Tools Benchmarking Operations Healthcare 98

Epicflow

JULY 20, 2022

In this case, a project manager should conduct a feasibility study that will help make the right decision as to whether it’s reasonable to intake this project or not. In project management, it’s performed right after the business case is prepared. Operational feasibility . Management by decibels . Market feasibility.

Study 148

Study Management Resources Analysis 148

Markovitz Consulting

DECEMBER 1, 2020

Peter Drucker once quipped that, “Much of what we call management consists of making it difficult for people to work.” Recent research from the Boston Consulting Group confirms that employees can do better work when they’re liberated from much of the bureaucratic cruft that passes for daily management. Four-hour meetings?

Boston Consulting Group 259

Boston Consulting Group Meeting Travel Productivity 259

Harvard Business

SEPTEMBER 12, 2024

An analysis of company performance and the career trajectory of S&P 500 CEOs revealed how a background in supply-chain management helps companies weather unanticipated disruptions.

Analysis 217

Analysis Company Management Operations 217

Harvard Business

FEBRUARY 8, 2018

Theories and practices of management often spring from the opportunities created by new technologies. The complex calculations of the field known as Operations Research were enabled by mainframe computing. Key to the new system are rapid data collection and analysis, followed by over the air changes to product software.

Change Management 136

Change Management Management Software Productivity 136

Steve Shu Consulting

JULY 25, 2014

It is a consulting-like and scientific approach that essentially includes customized analysis and design, plus scientific testing and iteration. Execution of the operating model could include building a behavioral team, outsourcing, augmenting, or partnering. Audit and Gap Analysis. Operating Model Development.

Video 230

Video Analysis Operations Development 230

Harvard Business

MAY 24, 2017

Today’s executives spend a lot of time managing the balance sheet, despite the fact that it doesn’t represent their company’s scarcest resource. Financial capital is abundant but carefully managed; human capital is scarce but not carefully managed. How can we manage human capital better? Measure it.

Management 136

Management Company Balance Sheet Talent 136

Epicflow

JUNE 28, 2023

More and more business organizations are becoming data-driven – they are leveraging technology and data to gain actionable insights, improve operations and decision-making, and as a result achieve better outcomes. How exactly is data used in project management? What is data-driven project management?

Data 130

Data Management Resources Software 130

Epicflow

JULY 12, 2022

However, according to the survey by NewVantage Partners [1] conducted in 2021, only 24% of companies have managed to develop into data-driven ones. Basic day-to-day operations will be automated, and people will be able to focus more on innovation, collaboration, and communication. . Prioritization and automation of data management. .

Data 216

Data Analysis Efficiency Survey 216

Markovitz Consulting

NOVEMBER 19, 2019

Of course, software firm 37 Signals has been operating four-day work weeks over the summer since 2008. Indeed, a recent survey by the Society of Human Resource Management indicates that fifteen percent of companies offer a 32-hour workweek. There’s certainly some truth to that argument.

Time Management 145

Time Management Balance Sheet Management Software 145

Steve Shu Consulting

MAY 18, 2017

Early on in my career, I was asked by the managing partner on the project to help a struggling manager to help develop their plan for the business. When I got into the weeds, the problem was essentially an operations strategy and planning project. I was later privately told that I had helped to save the manager’s job.

Consulting 150

Consulting Analysis Operations Management 150

Epicflow

SEPTEMBER 26, 2023

Read the article to learn how to effectively manage your project portfolio, how to leverage the power of AI for smooth workflow and timely and on-budget delivery of your multiple projects, and, of course, how to grow your business and deliver even more projects with Epicflow, and all this upon keeping your data safe.

Resources 148

Resources Data Management Analysis 148

Tom Spencer

JULY 28, 2023

By harnessing the potential of AI, companies can optimize the integration and management of clean technologies , leading to increased efficiency, cost savings, and environmental sustainability. Consulting firms play a crucial role in guiding businesses through the integration of AI-powered renewables into their operations.

Operations 78

Operations Energy Data System 78

LSA Global

JANUARY 6, 2025

Alignment with Ways of Working, Resources, and Capabilities We know from leadership simulation assessment data that too many leaders ignore cultural and operational realities. Strategies that clash with organizational culture or overlook operational constraints are unlikely to gain traction.

Research 67

Research Analysis Strategy Strategy& 67

Epicflow

JUNE 10, 2024

In contrast to traditional project/program/portfolio managers dealing with individual projects/programs/portfolios, the role of a CPO is more strategic, he or she is a member of the executive board and oversees all project-related activities and their connection with an organization’s business strategy. What organizations require a CPO?

Resources 178

Resources Methodologies Efficiency Metrics 178

Tom Spencer

FEBRUARY 11, 2022

Learning how consulting firms operate can help you better understand what you would do as an analyst. Clients may need help with market research, competitor analysis, growth strategies, supply chain optimization, product development, or a range of other issues. How do Consulting Firms Work?

Operations 88

Operations Consulting Boston Consulting Group Industry 88

Epicflow

OCTOBER 13, 2022

It sometimes happens that an organization invests in implementing a resource management solution, but the results of this endeavor are far from satisfactory. The Most Common Errors Made by Resource Management Software Users. As a result, a project/resource manager will draw irrelevant conclusions. .

Resources 148

Resources Management How To Data 148

Epicflow

APRIL 11, 2023

Poor resource management and a lack of appropriate software are on the list of the biggest project management challenges, as stated by the Wellingtone report on the state of project management. What is a resource management solution? What is the difference between project and resource management software?

Resources 130

Resources Management Software Efficiency 130

Harvard Business

JULY 31, 2024

Compared to customers shopping in the store and going through checkout, the authors’ analysis shows that this more than doubles labor requirements and destroys all profit. What they should not do is continue the common model of picking from their store shelves for free if the customer picks up the order.

Retail 250

Retail Marketing Analysis Efficiency 250

Steve Shu Consulting

MAY 20, 2018

As an example, for one of my first clients as an independent consultant, I got in the door through the referral of an IT systems consultant (met at a local lunch talk) who needed to help their client do an operational analysis. gave them some management one-pagers I wrote on their topic).

Marketing 150

Marketing Case Study Case Studies Consulting 150

Harvard Business

AUGUST 31, 2018

To increase diversity at senior executive levels, more must be known about one group in particular: women of color in midlevel leadership, who successfully developed and progressed beyond individual contributor and first-line management. How did (or didn’t) managers play a role? They pursue management challenges.

Management 132

Management Leadership Culture Development 132

Tom Spencer

MARCH 28, 2025

And its transforming how businesses operate. From writing assistance to automated data analysis, LLMs enable users to work more efficiently, thereby freeing up time to focus on higher-value tasks. Zuhair Imaduddin is a Senior Product Manager at Wells Fargo. AI isnt coming, its already here.

Productivity 88

Productivity McKinsey Data Training 88

Epicflow

APRIL 15, 2022

To be able to stay competitive on the market and cope with any arising issues, aerospace engineering companies are expected to seek how to improve operational efficiency in general and the engineering processes in particular. . Tips on Managing Aircraft Engineering Projects with Maximum Efficiency.

Engineering 130

Engineering Efficiency Management How To 130

Harvard Business

JULY 24, 2018

And because organizational change tends to be driven by those who most acutely feel the pain, it’s often line managers who are the strongest champions for “talent tech”: innovations in how firms hire people, staff projects, evaluate performance, and develop talent. Insight Center. Adopting AI. Sponsored by SAS.

Talent 129

Talent Management Methodologies System 129

Epicflow

JANUARY 12, 2024

Check out our selection of events for project/resource managers, business leaders, and industry professionals, which will provide you with valuable insights into recent trends and challenges, networking opportunities, and contribute to your professional development.

Industry 130

Industry Automotive Pharmaceuticals Management 130

Successful Independent Consulting

AUGUST 24, 2022

Some of us have respected industry certifications such as Project Management Professional (PMP) or Senior Professional in Human Resources (SPHR). Rather we operate solo- or micro- businesses. after your business name also promotes the image that you operate a company rather than just doing projects on a freelance basis.

Consulting 195

Consulting Intellectual Property Deloitte Accenture 195

Tom Spencer

JUNE 9, 2023

In the digital age, businesses are constantly seeking innovative ways to gain a competitive edge and streamline their operations. From enhancing customer experiences to optimizing decision-making processes, AI is reshaping the way businesses operate and opening up new possibilities for growth.

Data 147

Data Operations Efficiency System 147

Epicflow

MARCH 30, 2023

The right approach to project and resource management can really help business organizations to become profitable and competitive even during tough times. For a great number of companies, the previous recession has become an impetus for reviewing their project management processes and making them maximum efficient. In fact, it is!

Resources 130

Resources Management Efficiency Productivity 130