Tom Spencer

MARCH 28, 2025

For product leaders , large language models (LLMs) arent just another shiny tech trend, theyre reshaping how businesses interact with customers, automate workflows, and make decisions. From writing assistance to automated data analysis, LLMs enable users to work more efficiently, thereby freeing up time to focus on higher-value tasks.

Productivity 88

Productivity McKinsey Data Training 88

Harvard Business

MARCH 29, 2024

Platforms like Kickstarter and Indiegogo have not only broadened access to funding to companies that might struggle in the capital markets but have also transformed the way companies connect with consumers during product development, replacing focus groups with real customers who have a stake in the final product.

Productivity 250

Productivity Analysis Development Groups 250

Epicflow

JUNE 17, 2022

For the growing companies, it’s crucially important to keep track of all their products and make sure they are in demand and meet customers’ needs. A good way to increase profitability is to work on the products that will definitely bring revenue and make the right improvements that people are expecting.

Productivity 245

Productivity Management Resources Software 245

Harvard Business

OCTOBER 19, 2023

Selling original or quirky products is often an uphill battle. But research that involved an analysis of quirky products sold by some 7,000 craft entrepreneurs on Etsy suggests that effective storytelling that helps people relate to such offerings can turn them into successes.

Productivity 196

Productivity Analysis Research Sales 196

Epicflow

DECEMBER 10, 2024

A matrix organizational structure means that a companys employees report to multiple managers, e.g., a project (or product) manager and a functional manager. They both participate in resourcing decisions, conduct performance analysis, prioritize work, etc. Lets dive deeper into these issues. What Is a Matrix Organization?

Resources 208

Resources Management Efficiency Tools 208

Epicflow

AUGUST 27, 2024

The solution is also used for managing other types of projects, e.g., for any Agile teams, product development, or bug tracking teams. Without these capabilities, it might be challenging to avoid bottlenecks or resource conflicts, ensure effective resource allocation, and ensure high productivity. A Lack of Portfolio Management.

Agile 200

Agile Methodologies Resources Software 200

Epicflow

OCTOBER 28, 2024

Here’s an overview of the main principles of this approach: Muda: aims to streamline project workflow by eliminating waste, e.g., overproduction, excess inventory, idle time, and product defects; Value Stream Mapping (VSM): visualizes the full process of value delivery (e.g., moving milestones, reallocating resources, etc.).

Engineering 248

Engineering Management Methodologies Resources 248

Epicflow

OCTOBER 4, 2024

In addition, problems with equipment may cause additional risks related to workers’ safety and product quality. Finally, the increased use of digital technologies makes manufacturers vulnerable to cyber attacks that can disrupt the whole production process. For example, the manufacturing industry in the U.S. Identifying risks.

Management 147

Management Resources Software Productivity 147

Clarity Consultants

FEBRUARY 9, 2025

For example, if your goal is to increase sales, your L&D programs might focus on enhancing sales techniques, product knowledge, or customer relationship management skills. Productivity metrics: Assess changes in output per employee or team efficiency. Output per employee: Track changes in individual or team productivity levels.

Metrics 147

Metrics ROI Training Training 147

Epicflow

NOVEMBER 5, 2024

These projects deal with the actual production of drugs once they are approved. Make decisions based on data analysis. Epicflow makes it possible to create coherent project plans based on forecasts and scenario analysis. Drug manufacturing. Prevent and eliminate bottlenecks. Increase resource efficiency. Risk mitigation.

Pharmaceuticals 210

Pharmaceuticals Industry Management Resources 210

Clarity Consultants

NOVEMBER 19, 2024

Organizations seek to optimize workforce performance and productivity by implementing effective training programs. Effective training initiatives begin with accurately identifying training gaps and conducting a thorough training needs analysis.

Training 130

Training Training Analysis Metrics 130

Epicflow

NOVEMBER 14, 2022

Apart from the comprehensive view of all task-related data on different levels and from various perspectives in the Group tab, you can also analyze your employees’ workload and detect bottlenecks with our new features: Load Analysis, Inactive Analysis, and Bottleneck Analysis. Load Analysis.

Analysis 130

Analysis Resources Management Groups 130

Harvard Business

MAY 20, 2024

Soprema is an international building materials supplier, producing millions of square meters of waterproofing, insulating, and roofing products each year. Paper co-author Melotte, an experienced operations director, was selected to lead a pilot project to measure and subsequently lower the carbon embedded in its products.

Company 237

Company Analysis Data Operations 237

Harvard Business

APRIL 29, 2024

They are typically easier to implement than employee productivity use cases because they don’t require as much behavior change, and easier to measure improvements in economic value because improving customer satisfaction often has a financial payoff.

Company 248

Company Analysis Financial Productivity 248

Harvard Business

OCTOBER 25, 2023

They conducted an in-depth analysis of over 160 million jobs in order to produce analytical insight to help leaders navigate this change. The authors predict that AI will emerge not merely as a technological marvel, but as a beacon of hope in addressing demographic and productivity challenges.

Analysis 251

Analysis Study Research Productivity 251

Harvard Business

JULY 25, 2024

Companies need new ways to innovate quickly, cheaply, and productively. Firms that use AI analytics to generate wide recombinations are 3 to 7% more productive than firms that do not. Many, quite reasonably, wonder how deploying AI might help.

Company 251

Company Process Improvement Tools Study 251

Harvard Business

DECEMBER 5, 2023

The authors’ economic analysis shows that generative AI’s impact will be different than previous generations of AI and machine learning and will drive new levels of productivity in creative occupations and tasks.

Analysis 249

Analysis Productivity 249

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.

Retail 235

Retail Marketing Analysis Efficiency 235

Clarity Consultants

JANUARY 13, 2025

Reduces Complexity: AI simplifies video production, voiceovers, and visual design , delivering professional results without extensive resources. Be ready to step in for the nuances whether its ensuring emotional impact or adding an authentic voice, a human touch is often needed to elevate the final product.

Tools 130

Tools Video Training Training 130

Markovitz Consulting

DECEMBER 1, 2020

According to BCG’s analysis , productivity at companies that have shifted to remote work has increased between 15% and 40%. The sales, marketing, product, and customer service teams were stuck at the 11th hour (well, the 12th hour, actually) adjusting for the CEO’s violation of structure.

Boston Consulting Group 259

Boston Consulting Group Meeting Travel Productivity 259

Tom Spencer

NOVEMBER 15, 2024

The scenarios can range from market entry strategies to profitability analysis, mergers and acquisitions, and more. If you are not from a business background, it is important to learn basic concepts such as market sizing, supply and demand, competitive analysis, and basic financial principles such as profit margins and break-even analysis.

Case Interview 78

Case Interview Interviews How To McKinsey 78

Harvard Business

JUNE 24, 2024

The promise of AI is alluring — optimized productivity, lightning-fast data analysis, and freedom from mundane tasks — and both companies and workers alike are fascinated (and more than a little dumbfounded) by how these tools allow them to do more and better work faster than ever before.

Research 193

Research Analysis Efficiency Tools 193

Epicflow

JUNE 10, 2022

Issues with the supply chain lead to poor quality of products and delays in their releases. AS9100 is an international standardized quality management system for the aerospace industry, which aims to improve safety and reliability of aerospace products. The estimation implies performing qualitative and quantitative analysis.

Engineering 246

Engineering Management How To Risk Analysis 246

Epicflow

AUGUST 21, 2024

It increases employee productivity. When the team members are productive and timely complete the most essential project work, it contributes to achieving desired project outcomes and timely project delivery, which is particularly essential in multi-project management. Here are the other reasons why prioritization is so important.

Management 130

Management Resources Data Software 130

Epicflow

JANUARY 30, 2025

Support and training providing tools, templates, and training to project teams to enhance their productivity and adherence to standards. Improved Resource Allocation Efficient resource allocation is crucial for optimizing productivity and avoiding burnout.

Tools 130

Tools Software Efficiency Resources 130

Epicflow

OCTOBER 9, 2024

And we are going to get that value from the product or service that is delivered at the project’s completion. If we are undertaking the project scope because of the value (contract price, sales revenue, market visibility, productivity improvement, mortality reduction, etc.) But without doing such an analysis, how can we even start?

Resources 130

Resources Metrics Data Cash Flow 130

Epicflow

FEBRUARY 20, 2025

Scenario Planning and What-If Analysis Simulates different scenarios to evaluate potential outcomes. It prevents overloading or underutilizing team members, increasing productivity and employee satisfaction. Helps identify and address cost overruns early to ensure financial efficiency. Key Features of Aha!

Tools 130

Tools Management Software Resources 130

Steve Shu Consulting

JULY 25, 2014

One the other hand, possibilities for competitive differentiation and new products seem limitless. It is a consulting-like and scientific approach that essentially includes customized analysis and design, plus scientific testing and iteration. Audit and Gap Analysis. How do we get to a Behavioral Economics World 1.0

Video 230

Video Analysis Operations Development 230

Clarity Consultants

JUNE 30, 2023

This is because they are better equipped to handle tasks, solve problems, and deliver high-quality work–all of which impact organizational productivity. The more self-assured they feel, the more motivated they will be to work hard, which of course, also increases productivity.

Development 265

Development Training Training Agile 265

Tom Spencer

JANUARY 31, 2025

Within life sciences consulting, there are a wide range of project types, including product lifecycle management, new product development, market entry strategies, mergers & acquisitions, and regulatory compliance. How to break into life sciences consulting?

Biotechnology 88

Biotechnology Healthcare Pharmaceuticals Consulting 88

Tom Spencer

JULY 14, 2023

While this idea is appealing and no doubt has some truth to it, it has led many entrepreneurs to develop, fund, and launch products that ultimately fail. Why waste years scaling up a product that from the outset never performed the job that customers needed doing? It has come to be known as product-market fit.

Productivity 78

Productivity Marketing Airlines Hotels 78

Epicflow

JUNE 12, 2023

A phase-gate process (also known as a stage-gate process) is an approach to managing projects and developing products, which breaks the whole procedure down into phases separated by gates. Currently, the approach is used to manage R&D, product or software development projects or other large and complex initiatives. 1] Ideation.

Management 130

Management Methodologies Resources Analysis 130

Epicflow

MAY 31, 2022

Changes to a developed product. Changes to a developed product are inevitable, however, they turn into challenges when they get out of control and there are several sources of truth. It performs scenario analysis for informed decision-making. . It facilitates collaboration between siloed and distributed teams. .

Engineering 49

Engineering Resources Management Efficiency 49

Epicflow

FEBRUARY 20, 2025

Scenario Planning and What-If Analysis Simulates different scenarios to evaluate potential outcomes. It prevents overloading or underutilizing team members, increasing productivity and employee satisfaction. Helps identify and address cost overruns early to ensure financial efficiency. Key Features of Aha!

Tools 130

Tools Management Software Resources 130

Epicflow

JULY 12, 2022

The primary goal of becoming a data-driven organization is to improve decision making, which in turn will provide customers with better products or services and as a result increase profitability and facilitate business growth. . In this case, scenario analysis becomes a project manager’s silver bullet. Informed resource allocation .

Data 187

Data Analysis Efficiency Survey 187

Epicflow

JULY 20, 2022

Sometimes, it’s rather difficult to predict whether a company will be capable of delivering a certain product or service, whether it’s reasonable to invest in this project, and how it will affect the current workflow. Will the delivered product/services be in demand on the market? Market feasibility. Operational feasibility .

Study 147

Study Management Resources Analysis 147

Steve Shu Consulting

FEBRUARY 17, 2021

research) while others may get involved with bringing insights and designs to product development (e.g., proprietary) and correlational or instrumental variable type analysis. A/B testing) and work with product and service teams to directly measure how designs affect behavior and outcomes. applied research).

Research 150

Research Analysis Development Examples 150