Remove Culture Remove Financial Remove Process Improvement
article thumbnail

Effective Manufacturing Operations Management in 2024

Epicflow

The Role of Operations Management in Manufacturing Industry Implementing operations management in manufacturing provides benefits that can significantly improve a manufacturing company’s overall performance and competitiveness. Promote a Safety Culture. This leads to fewer defects, lower losses, and higher profits.

article thumbnail

How People Analytics Can Help You Change Process, Culture, and Strategy

Harvard Business

In core functional or process transformation initiatives — which are often driven by digitization — we’ve seen examples of people analytics being used to measure activities and find embedded expertise. In bottoms-up cultural transformation initiatives, the how things are done is equally or more important than what is done.

Culture 144
Insiders

Sign Up for our Newsletter

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

article thumbnail

Don’t Neglect Your Customers During a Merger

Harvard Business

It’s also important to explain the changes that would have happened anyway — for example, process improvements, strategic shifts in the market, and realignment of structures — regardless of what is happening due to the integration process. Don’t neglect your culture. Create a dedicated deal team.

Culture 119
article thumbnail

Synergy Unleashed: The Power of Great Teamwork

Rick Conlow

Negative organizational culture: The overall culture within an organization can impact teamwork. If the organizational culture promotes competition, silos, or a lack of collaboration, it can trickle down to the team level and hinder cooperation.

article thumbnail

Why Employee Recognition Matters in Today’s Workplace

Rick Conlow

Culturally engrained employee recognition and appreciation matters in today’s workplace. Tanner Institute’s 2020 Global Culture Report showed that 87% of organizations with a strong recognition culture reported a positive employer brand. The company may have a toxic culture and employee praise is not a priority.

article thumbnail

Great Digital Companies Build Great Recommendation Engines

Harvard Business

In my experience, legacy managements too frequently misunderstand recommenders’ role in driving innovation and cultural change. Platform companies invest in virtuous cycles to solve problems; more-traditional firms invest in process improvement to solve problems. Sponsored by DXC Technology. ” So they did.

article thumbnail

Why This Health System Offers Refunds to Dissatisfied Patients

Harvard Business

Shortly after forty-six-year-old Karen Hull had elective disc surgery at one of our hospitals, she used a new Geisinger app to request a refund for $150 of her $2250 financial responsibility. At the center of our program lies a “no questions asked” refund policy for patients’ financial responsibility.

System 70