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. With these metrics at hand, teams can monitor their progress, identify roadblocks, and make better decisions. This helps team members make better decisions.

Agile 200

Agile Methodologies Resources Software 200

Epicflow

AUGUST 11, 2022

In this article, we’ll consider some essential metrics that can be used to assess the fruitfulness of change management efforts. . To assess the organizational performance, the following metrics can be used: . Change practitioners use surveys, observation, tests, and performance evaluations to gather the necessary data.

Metrics 130

Metrics Change Management Management Efficiency 130

Harvard Business

JULY 10, 2024

However, research suggests that ESG ratings suffer from a measurement trap that occurs when a metric used as part of the rating is systematically biased towards certain industries or types of companies.

Metrics 242

Metrics Efficiency Data Research 242

Epicflow

FEBRUARY 9, 2023

When managing a project, it’s vitally important to regularly monitor its state: whether or not it has deviated from the approved schedule and budget; how much work has been completed and how much is left; how efficiently your resources are utilized, etc. What are these metrics, what are they used for, and how to calculate them?

Metrics 130

Metrics Management Resources ROI 130

Epicflow

FEBRUARY 20, 2025

Efficient portfolio management is essential for business success in todays competitive landscape. These tools offer features for tracking performance metrics, managing resources, and ensuring alignment with strategic priorities. Prevents over- or under-utilization of resources, ensuring efficiency.

Tools 130

Tools Management Software Resources 130

Epicflow

OCTOBER 9, 2024

Stephen has introduced innovative methods and metrics to the project management discipline and has taught project management at universities and for organizations worldwide, including Siemens, Ford, Qatar Telecom, and the US Air Force. To have real integration to support decision-making, we need a single metric that works for all parameters.

Resources 130

Resources Metrics Data Cash Flow 130

Epicflow

FEBRUARY 20, 2025

Efficient portfolio management is essential for business success in todays competitive landscape. These tools offer features for tracking performance metrics, managing resources, and ensuring alignment with strategic priorities. Prevents over- or under-utilization of resources, ensuring efficiency.

Tools 130

Tools Management Software Resources 130

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? Are there any challenges in using a data-driven approach?

Data 130

Data Management Resources Software 130

Epicflow

MARCH 22, 2024

This article is inspired by the webinar featuring Epicflow co-founder Jan Willem Tromp and professor Mario Vanhoucke based on his latest book “The Illusion of Control: Project Data, Computer Algorithms and Human Intuition for Project Management and Control”. So, what do you need for an efficient risk analysis?

Data 130

Data Risk Analysis Management Analysis 130

Epicflow

JUNE 10, 2024

In addition, their focus on effective resource allocation, stakeholder engagement, and change management contributes to enhanced operational efficiency, increased agility, and improved project outcomes. What organizations require a CPO? One of a CPO’s tasks is to ensure optimal resource allocation across a company’s critical projects.

Resources 157

Resources Methodologies Efficiency Metrics 157

LSA Global

JUNE 3, 2024

Top 10 Steps to Better Design Strategy Success Metrics Workplace metrics impact workplace behaviors and performance. Designing the right strategy success metrics can mean the difference between a leadership team collectively steering toward its strategic targets and veering off course. Makes sense right? Wells Fargo opened 3.5

Metrics 68

Metrics Strategy Strategy& Strategy 68

Harvard Business

APRIL 13, 2017

As Noam Scheiber writes in the Times article, “Employing hundreds of social scientists and data scientists, Uber has experimented with video game techniques, graphics and noncash rewards of little value that can prod drivers into working longer and harder — and sometimes at hours and locations that are less lucrative for them.”

Airlines 191

Airlines Efficiency Study Operations 191

Harvard Business

DECEMBER 4, 2018

The top trophy hire in data science is elusive, and it’s no surprise: a “full-stack” data scientist has mastery of machine learning, statistics, and analytics. Today’s fashion in data science favors flashy sophistication with a dash of sci-fi, making AI and machine learning the darlings of the job market.

Data 133

Data Engineering Fashion System 133

LSA Global

JULY 1, 2024

While the specific strategy success metrics vary across different industries and different strategies, metrics tend to fall into four overall buckets: Financial, Customer, Employee, and Other. Here is a list of the top thirteen metrics that CEOs should measure for strategic success.

Metrics 68

Metrics Cash Flow Talent Financial 68

Harvard Business

SEPTEMBER 23, 2016

While effective metrics are essential for focusing attention and achieving results, they can also overpower better sense. Most industries cower to a few central metrics, the yardsticks that define the winners and losers. Metrics tried and proven over years become a guide to what’s important, driving resource allocation.

Metrics 70

Metrics Retail Sales Automotive 70

Epicflow

JUNE 17, 2022

Efficient product portfolio management allows a company to be agile and respond to arising market demands. Every product in the portfolio should be evaluated with the help of one of the product success metrics. All team members must have access to historical and real-time data to be able to timely react to transformations.

Productivity 245

Productivity Management Resources Software 245

Harvard Business

APRIL 5, 2017

FCLT and McKinsey rely on readily available and machine-readable accounting data to measure myopia. However, such coarse data doesn’t capture how widely practices can vary between individual companies. So this measure may mislabel efficient companies as myopic. What would better measures be?

Metrics 101

Metrics Study McKinsey Cash Flow 101

Strategic Planning and Management Insights

MARCH 6, 2023

However, without a data strategy , the likelihood of achieving successful outcomes is greatly diminished. In today's data-driven world, data is becoming increasingly important for organizations to gain a competitive advantage and make informed decisions. However, simply having a data strategy is not enough.

Report 98

Report Data Strategy Strategy& 98

Clarity Consultants

DECEMBER 29, 2023

They can focus the coursework on critical skill areas, allowing them to close knowledge gaps quickly and efficiently. Essentially, they gather data to create a baseline, allowing them to evaluate the impact of the online training created for an organization more effectively.

ROI 173

ROI Training Training Survey 173

Harvard Business

JUNE 16, 2017

Managing HR-related data is critical to any organization’s success. Putting Data to Work. On the “push” side, HR leaders can do a better job of presenting human capital metrics to the rest of the organization using the LAMP framework: Logic. Vincent Tsui for HBR. Consulting firms in the U.S. Insight Center.

Metrics 133

Metrics Analysis Data Talent 133

Johanna Rothman

JUNE 4, 2024

What if it's most efficient to do the work for a person or a team? Costs of Management Delays I wrote Why Minimize Management Decision Time because I'd seen the problems well-meaning managers created because they needed “all” the data to decide on the project portfolio. Second, the data changes every day.

Efficiency 63

Efficiency Management How To Metrics 63

Management Consulted

NOVEMBER 20, 2013

Consulting is a data-based industry – but where there are no facts, there are well-developed estimates. However, in business, decisions can be effectively and efficiently made based on near-perfect data/calculations. Consulting Math. In regular math drills, you will not have the leisure of having a calculator.

Case Interview 236

Case Interview Interviews Study Cover Letters 236

Harvard Business

DECEMBER 20, 2018

Those failures can mean a lot of things — over-budget, data integrity issues, technology limitations, and so forth. The CIO was unhappy about data integrity issues that arose from the integration of more than 20 discreet databases. The EVP of sales liked the easy-access dashboard to report on metrics and the forecast.

Sales 132

Sales How To Metrics Tools 132

Harvard Business

MARCH 27, 2017

To help solve this problem, organizations are using digital technologies and data analytics to improve leak detection. Organizations are also using these tools to improve maintenance, infrastructure planning, water conservation, and customer service (including repair efficiencies and pricing). As one U.S.

Industry 70

Industry Data Tools Efficiency 70

Harvard Business

NOVEMBER 23, 2017

Indeed, our experience with senior teams corroborates these data. That time is spent establishing financial and operational metrics, aligning goals with overarching strategy, allocating resources, and reviewing key metrics. This is an area where the data present a more complex picture.

Strategy 134

Strategy Strategy& Strategy Enterprise 134

Epicflow

JANUARY 30, 2024

In a nutshell, AI automates repetitive tasks and makes predictions thereby increasing efficiency, streamlining the workflow, and improving decision-making. Forecasting and decision-making Thanks to predictive analytics, PM tools analyze historical data along with current project metrics to predict how the project environment will change.

Trends 130

Trends Management Emotional Intelligence Software 130

Harvard Business

SEPTEMBER 11, 2017

Don’t optimize for efficiency. Don’t obsess over metrics like inquiry volume or time to close tickets. Set up post-interaction NPS so you can tell if someone is still upset even after an issue is “solved,” start tracking the volume and quality of requests coming in along with metrics relating to revenue (i.e.,

Metrics 132

Metrics Engineering Efficiency Operations 132

Harvard Business

NOVEMBER 29, 2018

A core challenge of management is to ensure that the organization’s priorities, strategies, and metrics are consistently embraced and that any impediments are identified and addressed quickly. Metrics that are reported daily, such as “units at capacity.” Accountability is vital to the efficiency of the process.

System 130

System Healthcare Metrics Report 130

Harvard Business

MAY 31, 2017

The financial health of the organization was the most important metric for management and governance to follow. Two years later, the follow-up IOM report, “Crossing the Quality Chasm,” reviewed other types of disappointing quality, including gaps in efficiency, effectiveness, timeliness, and patient-centeredness.

Comparison 134

Comparison Financial Report Data 134

Chad Barr

JANUARY 29, 2025

” Impact: Maximizes efficiency and focus on priorities. “Help me develop a framework to assess [specific business challenge] by identifying key variables, potential metrics, and critical success factors. Reviewing and refining prompts is not just an exercise in efficiency—it’s a blueprint for your innovation.

Methodologies 52

Methodologies Exercises Metrics Tools 52

PM Alliance

JULY 14, 2023

But if you’re looking for more sophisticated and flexible ways to manage your project’s financial resources, consider how data can help make any approach more effective. Timely data can give your team an edge on controlling costs by ensuring that resources are used efficiently. What’s the latest insight into best practices?

Data 63

Data Management Transportation Resources 63

Harvard Business

OCTOBER 10, 2017

Every step of the process was measured, and real-time metrics were easily accessible. A great salesperson will operate much more efficiently with a defined process for reaching out to prospects. Metrics emphasized speed. We rebuilt performance metrics to track impact, not to apply pressure.

Metrics 134

Metrics Engineering Operations Sales 134

Harvard Business

SEPTEMBER 19, 2018

These data also suggest that long-term plans are not mere marketing presentations or “cheap talk.” We then scored the quality of disclosure based on whether there is no disclosure, generic disclosure, backward-looking metrics, or forward-looking metrics for a category.

Metrics 126

Metrics Financial Marketing Trends 126

Harvard Business

MAY 24, 2017

So unlike your average patient, she described one 12-hour wait in the ER as having a “7% process cycle efficiency.” Like many patients, Jess felt her providers were delivering very little quality of care when defined by the one metric that mattered most to her: time. Jess was trained as a Six Sigma Green Belt.

Metrics 131

Metrics Education Operations System 131

Harvard Business

JULY 19, 2018

One review of methodologies concluded that, management researchers “…do what they know, what they have done, what is efficient and easier, and what is rewarded (i.e., Metrics that capture the extent to which research achieves these goals could be additional ways to assess scholarly impact.

Research 131

Research Journal Ethics Metrics 131

Harvard Business

OCTOBER 27, 2017

I feel certain our public commitment to sustainability is a big driver of this engagement—92% of our people believe energy efficiency and sustainability are critical to our future business success, and we are giving them the encouragement and capabilities to help us achieve this long-term vision.

Company 134

Company Strategy Strategy& Strategy 134

Harvard Business

FEBRUARY 5, 2018

Along the way, there’s been plenty of literature and executive hand-wringing over hiring and deploying ever-scarce data scientists to make this happen. Translators are neither data architects nor data engineers. Why are translators so important? What exactly is an analytics translator? reducing product delivery time).

Data 71

Data Engineering Agile McKinsey 71