Harvard Business

SEPTEMBER 13, 2023

Despite the rapidly increasing prominence of data and analytics functions, the majority of chief data officers (CDOs) fail to value and price the business outcomes created by their data and analytics capabilities. It comes as no surprise then that many CDOs fall behind expectations and have short tenures.

Data 252

Data Interviews Strategy Strategy& 252

Tom Spencer

NOVEMBER 15, 2024

The data collected by wearable devices is not only useful for individuals looking to maintain a healthy lifestyle but also for healthcare providers who can use this information to make more informed decisions about patient care. Similarly, wearable blood pressure monitors offer a convenient way to track and manage hypertension.

Healthcare 78

Healthcare Data Trends Efficiency 78

Harvard Business

MARCH 28, 2024

Many senior managers find themselves wondering: If data is such a game changer, why is it so hard to extract any value from it? For companies struggling to actually see results from their data program, it might be time to make a fresh start. 2) Many companies try to tackle issues that are too difficult straight out of the gate.

Data 246

Data Company Management 246

Harvard Business

SEPTEMBER 27, 2024

As AI becomes more integrated into business, high quality data for training AI becomes more valuable and a more important part of employees’ contribution. Companies need to navigate if and how employees will be compensated for their data, as well as questions such as who owns and controls that data.

Data 228

Data Training Training Industry 228

Harvard Business

MAY 8, 2024

has taken a data-driven approach to questions around hybrid work. Their data comparing the performance and well-being of hybrid employees with their fully in-person and remote counterparts has yielded (often surprising) insights from which other organizations may benefit. But what is the right amount of time to be in person?

Data 249

Data Policies Productivity Development 249

Harvard Business

JUNE 20, 2023

With the explosion of generative AI and other powerful new data tools, chief data and artificial intelligence officers (CDAIOs) are more important than ever as companies navigate this new landscape.

Data 254

Data Tools Company Management 254

Harvard Business

FEBRUARY 19, 2024

In spite of recent efforts to beef up cybersecurity, data breaches — in which hackers steal personal data — continue to increase year-on-year: there was a 20% increase in data breaches from 2022 to 2023.

Data 235

Data System Management 235

Harvard Business

JANUARY 6, 2025

Steps managers can take to make sure everyone sees data as a crucial part of their job.

Data 220

Data How To Management 220

Harvard Business

JANUARY 15, 2024

Although cultural change generally requires human intervention, it appears that new technology — especially a new technology like generative AI that captures human imaginations — can play a role in catalyzing a data-oriented culture.

Survey 252

Survey Data Company Education 252

Tom Spencer

OCTOBER 25, 2024

For instance, AI-driven customer relationship management tools can automate data entry, lead scoring , content marketing, follow-up emails, and generating reports, freeing up employees to focus on more strategic activities like developing growth strategies, enhancing customer relationships, and driving innovation.

Small Business 78

Small Business Data Efficiency Tools 78

Consulting Success

MARCH 28, 2025

Full Guide & Data) is a post from: Consulting Success Sure, I’ll share with you the nuances of invoicing and how much consultants are getting paid. But what’s most important here is how you set your consulting fees. And when it comes. How Do Consultants Get Paid?

Data 113

Data Consulting 113

Harvard Business

NOVEMBER 2, 2023

Cloud tools and technologies are influencing the future of data science work in two key areas: scaling resources and improving workforce agility. If organizations want to make use of these capabilities, though, they also need to develop strong data security and privacy frameworks when operating in a cloud environment.

Data 231

Data Agile Tools Operations 231

Harvard Business

SEPTEMBER 8, 2023

As reliance on data and analytics continues to expand across industries from agriculture to manufacturing, health care to financial services, it stands to reason that the next generation of data leaders will have far-reaching roles that impact strategy, decision-making, operations, and countless other functions.

Data 254

Data Development Financial Operations 254

Harvard Business

AUGUST 20, 2024

A conversation with professors Amy Edmondson and Michael Luca on data-driven decision-making.

Data 221

Data Company Strategy Strategy& 221

Harvard Business

JANUARY 26, 2024

There are three immediate challenges for companies that want to train fine-tuned AI models: 1) they require extensive, high-quality data — a scarce resource for many enterprises, 2) third-party AI models can include problematic biases, and 3) training fine-tuned models with users’ personal data may result in privacy violations.

Data 252

Data Company Enterprise Training 252

Harvard Business

OCTOBER 3, 2023

Today data is an increasingly important part of how restaurants create value, both on the demand side (how consumers choose a place to eat, make a reservation, give their order, and pay their bill) and the supply side (detailed preparation and food resource-management records that enable restaurants to optimize inventory and reduce waste).

Data 245

Data Operations Resources Research 245

Epicflow

NOVEMBER 13, 2024

Capacity planning tools equipped with predictive analytics can analyze large amounts of data and provide more accurate forecasts of resource demand. Let’s take a quick look at the other benefits of adopting these solutions in manufacturing project management. More accurate forecasting. Facilitating productive project work.

Tools 240

Tools Software Resources Healthcare 240

Epicflow

NOVEMBER 25, 2024

Implementing data-driven decision-making Making ineffective decisions is one of the reasons for poor performance. On the contrary, with a data-driven approach to decision-making, the company’s management can base their actions on insights derived from accurate and real-time information, not just assumptions.

Tools 246

Tools Management Efficiency Resources 246

Harvard Business

NOVEMBER 10, 2023

But without such data, they won’t be able to set priorities and won’t know whether their efforts are effective. Very few employers systematically track their employees’ health and wellbeing. It is now possible to systematically assess your employees’ wellbeing and assess the effectiveness of your programs to address their needs.

Data 253

Data Resources Management 253

Harvard Business

DECEMBER 13, 2023

Today we have more data than ever before, yet marketers still struggle to understand their customers. That’s because today’s marketers have mistaken information for intimacy. The author, who ran strategy for Wieden+Kennedy, describes an ethnographic research campaign his team conducted on behalf of McDonald’s.

Data 280

Data Research Culture Marketing 280

Epicflow

JULY 5, 2024

Forecasting resource demand This capability helps predict future resource requirements, which can be based on historical data, current trends, and anticipated project demands. Without tools, obtaining and managing this data is a real challenge, especially for companies running multiple projects.

Tools 253

Tools Software Resources Efficiency 253

Harvard Business

MARCH 7, 2024

One big challenge that leaders have when figuring out how or where their companies can grow is that a dearth of data about future problems and opportunities.

Data 254

Data Development Company Strategy 254

Harvard Business

JANUARY 9, 2025

They also identified four factors that set leading companies apart: 1) Their efforts had executive sponsorship; 2) That the network of partnerships had shifted away from academia and startups to a maturing ecosystem of consultants, vendors, and industry partners, suggesting AI had matured enough that practical approaches are most valued; 3) That successful (..)

Company 246

Company McKinsey Survey Operations 246

Harvard Business

JULY 17, 2024

Building a strong, flexible “digital core” that integrates cloud, data, and AI technologies to serve as an interconnected foundation for your company is the key to future growth.

Data 254

Data Company Accenture How To 254

Harvard Business

OCTOBER 28, 2024

While startups will face challenges in accessing sufficient data and computing power, they still have opportunities to innovate by providing AI-driven services directly to consumers. The startup ecosystem is shifting due to the rise of artificial intelligence.

Data 252

Data Company 252

Harvard Business

NOVEMBER 14, 2024

In this article, the authors describe experiments they have conducted on the use of AI in the budgeting process — and conclude that AI can and should replace human managers in tactical tasks, where data-driven decision-making leads to faster and more efficient outcomes, but that in the strategic realm, where long-term planning, market adaptability, (..)

Company 247

Company Efficiency Tools Data 247

Harvard Business

DECEMBER 11, 2024

This involves three approaches: 1) Being rigorous and cross-functional, integrating scenario planning into the companys strategic framework; 2) Being outward looking and externally informed by staying ahead of the curve on regulatory updates and policy trends; and 3) Continually refreshing and monitoring scenarios, incorporating new and emerging data, (..)

Trends 232

Trends Policies Tools Financial 232

Harvard Business

OCTOBER 11, 2023

In every industry, many large corporations have teams that help bridge outdated, disconnected systems, and databases. Without them, there is no way companies can upgrade their technology without causing disruption to their operations.

System 246

System Data Operations Industry 246

Epicflow

AUGUST 30, 2024

This element of MOM involves gathering and analyzing data on key performance indicators, e.g., production output, quality metrics, and equipment efficiency. Leverage Data to Make Decisions. Data-driven decision-making is at the heart of effective operations, and MOM isn’t an exception. It provides real-time data and insights.

Operations 204

Operations Management Efficiency Resources 204

Harvard Business

JANUARY 8, 2025

The benefits include: expanding the product range, boosting customer engagement, monetizing existing assets, and collecting valuable data. It involves weighing a host of benefits and challenges.

Retail 234

Retail Operations Data Productivity 234