Epicflow

SEPTEMBER 6, 2023

I have a shelf full of textbooks that can’t agree on a definition. But all the different definitions have something in common. My definition is simpler. Resource management has strategic, tactical, and operational aspects. This has to be done in such a way that the productivity of the resources is optimal.

Resources 130

Resources Management Enterprise Operations 130

Harvard Business

MARCH 1, 2017

Business leaders often think of “efficiency” and “productivity” as synonyms, two sides of the same coin. When it comes to strategy, however, efficiency and productivity are very different. At first glance, the definition of productivity appears remarkably similar. Let me explain.

Efficiency 70

Efficiency Productivity Company Talent 70

Consulting Matters

SEPTEMBER 30, 2020

I asked my partner Jen Hamilton - our community Chief Operating Officer to be my guest today and share all the deets on the what you'll need and how much it all costs so that you can plan in advance for both the startup and ongoing costs. You definitely don’t want a bookkeeper doing your taxes. This is a Zoom world.

Consulting 296

Consulting How To Insurance Insurance 296

Harvard Business

JANUARY 19, 2018

It may sound lofty, even a bit naïve, but there is a model for how a more robust and sustainable definition of success can work — and it’s been working for a long time. Just as noteworthy, John Lewis operates as a full-fledged democracy that distributes power up and down the ranks.

Company 71

Company Airlines Retail Financial 71

Harvard Business

DECEMBER 2, 2016

Many organizations today are wondering how to get into machine learning, and what it means for their existing analytics operation. There are many different types of machine learning, and a variety of definitions of the term. And it has the potential to make human analysts wildly more productive.

Operations 70

Operations Construction Sales Data 70

Markovitz Consulting

JANUARY 14, 2019

If something is “disruptive,” then it must by definition be good. But when it comes to internal operations at least, disruption is often both bad for business and for employees, because it causes unevenness in work. It read the increased sales as a sign that consumers had started to like green cars, and ramped up production.

Turnaround 133

Turnaround Sales Operations Productivity 133

Markovitz Consulting

DECEMBER 17, 2018

Identifying the root causes of a problem that prevent something from operating as it should. The 5-Why inquiry that identified the lack of a strainer, and kept production on target, is emblematic of this type of problem solving. Innovation that seeks to fundamentally change how something operates. Type 2: Gap from standard.

Tools 150

Tools Operations Examples Analysis 150

LSA Global

JANUARY 22, 2025

The Definition of a Team at Work While many groups are called “teams,” not every working group needs to behave like a team to achieve their objectives. In a working group, there is no collective work product beyond individual accomplishments. Because they can divide and conquer their tasks.

Management 68

Management How To Construction Training 68

Consulting Matters

JULY 15, 2020

So you definitely want to make sure that they learn more about working with you and how they can get that free consult. The macro strategy is how your value proposition and brand gets manifested into relevant products and services. He works with operational leaders and helps them get to that next level.

Consulting 270

Consulting How To Resumes Strategy 270

Markovitz Consulting

JANUARY 21, 2019

If something is “disruptive,” then it must by definition be good. But when it comes to internal operations at least, disruption is often both bad for business and for employees, because it causes unevenness in work. “Disruption” has become another business buzzword that obviates the need for prudent, careful thought and consideration.

Finance 145

Finance Financial Meeting Examples 145

Harvard Business

OCTOBER 13, 2017

But if you want to understand how a specific product contributes to the company’s profit, you need to look at contribution margin. For example, if the price of your product is $20 and the unit variable cost is $4, then the unit contribution margin is $16. ” What Is Contribution Margin? .” How do you calculate it?

How To 134

How To Boston Consulting Group Sales Productivity 134

Tom Spencer

FEBRUARY 1, 2020

Some people also call consulting a ‘talk-job’ – you go to the clients, you talk about what the ideal world scenario would be for a particular project, product or market, and your billable hours are sorted. Operations Consultants: Operations consultants are consultants who help clients improve the performance of their operations.

Consulting 135

Consulting Operations Financial Real Estate 135

Markovitz Consulting

FEBRUARY 4, 2019

If something is “disruptive,” then it must by definition be good. But when it comes to internal operations at least, disruption is often both bad for business and for employees, because it causes unevenness in work. Last week , I wrote about how kaizen events can disrupt daily operations and overburden employees.

Metrics 124

Metrics System Operations Trends 124

Consulting Matters

APRIL 24, 2020

And our topic today is really focusing on those product companies. I’m not a strict operator. Why are they buying your product and not someone else’s? Interview Transcript: Betsy Jordyn : Hey, it’s Betsy Jordyn of the Consultant’s Institute, and I’m so excited to interview Charles Browne.

Interviews 156

Interviews Company Marketing Operations 156

Harvard Business

DECEMBER 13, 2017

Because I teach a course on Product Management at Harvard Business School, I am routinely asked “what is the role of a Product Manager?” ” The role of a Product Manager (PM) is often referred to as the “CEO of the Product.” Aron Vellekoop Len/Getty Images. Core Competencies.

Productivity 71

Productivity Management Engineering Case Interview 71

Harvard Business

SEPTEMBER 21, 2018

In addition, many security experts consider it the definitive assessment tool for protecting critical assets. Beginning with Criticality, they might ask, “How critical is the oil pipeline in Abuja, Nigeria, to the company’s overall operations?” 4 – Loss would reduce operations considerably.

Tools 132

Tools Operations Examples Methodologies 132

Harvard Business

NOVEMBER 8, 2017

This story exemplifies one type of empathic design, namely by a user-designer who combines deep knowledge of product use with the ability to foresee new possibilities for it. By definition, empathy includes emotion — a connection beyond satisfaction with the operational.

Productivity 71

Productivity Engineering Study Examples 71

Markovitz Consulting

JANUARY 28, 2019

If something is “disruptive,” then it must by definition be good. But when it comes to internal operations at least, disruption is often both bad for business and for employees, because it causes unevenness in work. “Disruption” has become another business buzzword that obviates the need for prudent, careful thought and consideration.

Travel 133

Travel Engineering Company Operations 133

Tom Spencer

OCTOBER 8, 2013

THE Ansoff Matrix (referred to by some commentators as the Product/Market Expansion Grid) was developed by a Russian-American mathematician named Igor Ansoff , and first explained in his 1957 Harvard Business Review article entitled Strategies for Diversification. What is a Product-Market Growth Strategy? Background.

Productivity 113

Productivity Transportation Development Marketing 113

Asamby Consulting

JANUARY 13, 2022

Why you need a COO or Operations Manager. Either their operations have grown quite a bit or they are in the midst of growing. Many founders and CEOs ask us this question: Do I need an operations manager? But there are a few questions: Why is it necessary to hire an operations person? We answer with a resounding yes.

Operations 52

Operations Management Methodologies Report 52

Management Consulted

AUGUST 1, 2013

They seized this opportunity to establish a firm that would help firms gain clarity about their business models, products, and clients and then advise them by creating long term strategies. The firm offers consulting services including strategy, operations, risk management, organizational transformation, and leadership development.

Oliver Wyman 201

Oliver Wyman Interviews Mercer NERA Economic Consulting 201

Harvard Business

MAY 9, 2017

One of the more popular business mantras to hit town recently has been: “Forget products, think platform!” ” The immediate result has been a world increasingly awash with platforms and, if you aren’t operating one, many will label you a strategy Luddite. By Paul Clarke, Chief Technology Officer, Ocado.

Retail 108

Retail Operations Data Efficiency 108

Harvard Business

FEBRUARY 13, 2017

For example, it might be critical that a company wins a new order (which will be awarded on a given date) from a major customer, or gets a factory fully operational by a certain day. And all critical priorities are, by definition, equal within the category. ” Progress will be made only when and if resources become available.

Resources 133

Resources Travel Software Examples 133

Consultant Ninja

MARCH 5, 2009

Unfortunately they locked them in at level that guarantees an operating loss. Perhaps Im garbling the definitions of hedge & speculate, but I can state on more firm ground that UAL launching a fuel hedging program in 2008 was pretty stupid. They locked in an operating loss, regardless of the price of fuel. Productivity. (6).

Oliver Wyman 100

Oliver Wyman Consulting Airlines Bain 100

Harvard Business

MAY 22, 2018

Its hierarchical authority, specialized division of labor, and standard operating procedures enabled companies to grow far larger than they had ever been. Agile teams definitely work better with senior sponsorship, and executive support will ultimately be important to scaling agile throughout the enterprise. Tetra Images/Getty Images.

Agile 133

Agile Energy Retail Case Interview 133

Johanna Rothman

DECEMBER 11, 2019

We had (and still have) too many products to keep the same teams on them for a long time. For programs, the team stayed together and moved to a different feature set/internal product until the program finished. We could move to a new product and/or a new team. My job was to smooth the way for people to deliver products.

Agile 60

Agile Productivity Management Meeting 60

Harvard Business

JULY 5, 2017

Department of Labor retracted a guidance document regarding the definition of employees versus independent contractors that had been issued under my watch (you can find a copy here , however). The definition of who is an employee varies between federal and state laws, which admittedly raises complexities for employers and workers alike.

Case Interview 134

Case Interview Government Insurance Insurance 134

Harvard Business

SEPTEMBER 19, 2017

For every “shared value” example of an energy-saving initiative that reduces operational costs, or of a social investment that enhances customer loyalty, one can find a less comfortable result. How do you know that recent growth resulted from greater public trust in a product, not a competitor’s screw-up?

Ethics 136

Ethics Metrics Energy Financial 136

Management Consulted

APRIL 27, 2014

Although there are several things, here are 2 key ones: First, you will learn different aspects of the business — everything from product development to sales to customer relations — and have some experience in each area. What will you learn from starting a business that will help you prepare for consulting? The McKinsey Way.

Development 205

Development Consulting Boston Consulting Group McKinsey 205

Management Consulted

OCTOBER 9, 2016

The book is definitely addressed to entrepreneurs, but even if you aren’t planning on starting a business, author Dale Partridge has some great insights on our culture of consumerism, as well as what makes healthy culture in business. Ford was not only on the cutting edge of quality products, but also quality of life. . WHY READ IT?

Automotive 100

Automotive Efficiency Culture System 100

Johanna Rothman

SEPTEMBER 28, 2021

Yet, we don't share a common definition of business agility. Maybe experiment with changing their current products and services. Possibly, create new products and services to disrupt their current market. A SaaS-based organization can create different experiments than a hardware product organization. That's a good thing.)

Agile 89

Agile Management How To System 89

Johanna Rothman

MARCH 14, 2024

In product development, line jobs contribute to the products themselves, which means they contribute to revenue. Cutting overhead is definitely not personal—it’s all about how managers perceive an employee’s value. At what level do you understand the products you’ve worked on? Industry expertise.

Agile 100

Agile How To Metrics Productivity 100

Harvard Business

OCTOBER 27, 2017

However, like many of the companies surveyed by Bain, we were unsure how to connect our strategic vision around sustainability with meaningful operational changes. Some goals can look far into the future and may not have a definitive roadmap, but your people’s excitement, creativity and innovation will shape your path to success.

Company 134

Company Strategy& Strategy Strategy 134

Tom Spencer

JUNE 15, 2013

Definitions. If you are looking to add new products to your portfolio or broaden your service offerings, a business consultant can facilitate the transition. Perhaps your productivity is low. Or, maybe some of your operations are causing you to leak money. Helpful Links. Subscribe. in Management Consulting.

Consulting 131

Consulting Case Interview Marketing Data 131

Tom Spencer

SEPTEMBER 29, 2011

Definitions. Established in 1989, Accenture operates in more than 120 countries worldwide. Founded in 1983, A&M operates in 38 cities worldwide. Applied Value offers strategy, finance, and operations management services. Kearney operates across 55 locations world wide. Helpful Links. in Management Consulting.

Oliver Wyman 107

Oliver Wyman Strategy& Strategy Strategy 107

Harvard Business

NOVEMBER 12, 2018

Product marketing: For this, the CMO pulls all of the analysis and insights from all of the customer-facing resources of the organization to support and co-design specific solutions with the product organization. In many cases, the incapacity to successfully support the sales operations has been the downfall of a CMO.

How To 128

How To Sales Marketing Productivity 128

Management Consulted

MAY 28, 2017

The firm does a significant amount of diligence work for PE firms, and also performs an assessment of their ability to compete from a technical and product standpoint for tech acquirers – Bulger Partners is the only firm in the industry currently providing this service. However, there is definitely easy access to senior leaders.

Software 165

Software Strategy& Strategy Strategy 165