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Can AI Help Your Company Innovate? It Depends

Harvard Business

To investigate, we researched how companies are using AI for innovation and found that tools are just tools — success depends on how organizations use these new tools now at their disposal.

Company 250
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Engineering Project Management: The Essential Guide

Epicflow

Engineering projects deal with the design, development, and implementation of processes or technologies; they can be executed in civil, mechanical, software, or electric engineering: e.g., designing buildings, creating new devices, implementing manufacturing automation systems, etc. What is Engineering Project Management?

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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. Standardize Processes and Procedures. This leads to fewer defects, lower losses, and higher profits.

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Before Automating Your Company?s Processes, Find Ways to Improve Them

Harvard Business

One of the most recent automation technologies to emerge is robotic process automation , or RPA. RPA is a category of software tools that enable complex digital processes to be automated by performing them in the same way a human user might perform them, using the user interface and following a set of predefined rules.

Company 135
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If Your Data Is Bad, Your Machine Learning Tools Are Useless

Harvard Business

But you must also have the right data — lots of unbiased data, over the entire range of inputs for which one aims to develop the predictive model. While the data science team that developed the predictive model may have done a solid job cleaning the training data, it can still be compromised by bad data going forward.

Data 79
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How Digital Technology Is Changing Farming in Africa

Harvard Business

For decades, African governments have used many policy instruments to improve farm productivity. But most farmers are still only marginally improving yields. Some continue to use traditional processes that depend heavily on historical norms, or use tools like hoes and cutlasses that have not evolved for centuries.

Tools 134
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A Business Case in Project Management: Why Start a Project?

Epicflow

Now, let’s examine why it’s important to develop a business case document. . Both a business case and a feasibility study are decision-making tools that present a project’s viability. This section describes the roles of employees responsible for developing a business case and describes their responsibilities.