Harvard Business

JANUARY 10, 2025

Despite advances in cybersecurity solutions, the number and impact of cyber incidents continue to grow, with the average cost of a data breach in 2024 reaching $4.88 million and the number of confirmed data breaches hitting a record high.

Data 204

Data Development Management 204

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 243

Data Policies Productivity Development 243

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

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 218

Data Training Training Industry 218

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

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 248

Survey Data Company Education 248

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

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 228

Data System Management 228

Harvard Business

JANUARY 6, 2025

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

Data 212

Data How To Management 212

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 224

Data Agile Tools Operations 224

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

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 248

Data Company Enterprise Training 248

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

AUGUST 20, 2024

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

Data 211

Data Company Strategy& Strategy 211

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 237

Data Operations Resources Research 237

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 250

Data Resources Management 250

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 279

Data Research Culture Marketing 279

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

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

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 239

Company McKinsey Survey Operations 239

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 250

Data Company 250

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 241

Company Efficiency Tools Data 241

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

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 222

Trends Policies Tools Financial 222

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 239

System Data Operations Industry 239

Epicflow

AUGUST 27, 2024

Insights This feature presents data from Jira boards and indicates the team’s historical progress. It visualizes work based on the data from boards and projects. This can make it difficult to consolidate and compare data across the organization, leading to inconsistencies and inefficiencies.

Agile 200

Agile Methodologies Resources Software 200

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 226

Retail Operations Data Productivity 226

Harvard Business

OCTOBER 24, 2024

Managers should use four strategies to get the most out of their offsites: 1) Tailor sessions based on pre-event data; 2) charge new hires with offsite objectives; 3) guide employees’ preparation; and 4) track the value of offsites.

How To 222

How To Tools Data Research 222

Harvard Business

DECEMBER 19, 2024

The companies that succeed with AI arent necessarily those with the most advanced models or the largest data sets theyre the ones that bring together diverse expertise to make the smartest decisions.

Finance 195

Finance Engineering Operations Data 195