Successful Independent Consulting

AUGUST 28, 2024

2] These taglines were created and are owned respectively by 1) Tom Freestone , Freestone Enterprises; 2) Susan Nelson , HR Leaders Coach; 3) Stacey Schwarcz , Ariel Analytics; 4) Joe Hopkins , Collective Fusion Consulting. It may include who you do it for, though that’s usually not necessary. leading to, so that, resulting in, etc.).

Development 195

Development Turnaround How To Financial 195

Harvard Business

AUGUST 3, 2016

A new set of relationships is being formed within companies around how people working in data, analytics, IT, and operations teams work together. Data and analytics represent a blurring of the traditional lines of demarcation between the scope of IT and the responsibilities of operating divisions. Data and analytics embedded in IT.

Operations 70

Operations Chemicals Data Agile 70

Harvard Business

APRIL 28, 2017

In spite of the investment enthusiasm, and ambition to leverage the power of data to transform the enterprise, results vary in terms of success. About half of the executives I surveyed predict major disruption on the horizon, as big data continues to change how businesses operate and compete. report having success.

Data 133

Data Company Survey Video 133

Harvard Business

NOVEMBER 15, 2018

hospitals and health systems experienced an average 39% reduction in their operating margins from 2015 to 2017. Cost reduction requires an honest and thorough reassessment of everything the health system does and ultimately, a change in the organization’s operating culture. PM Images/Getty Images. ” Clearly, more is needed.

System 127

System Management Nonprofit Operations 127

Effective Managers

JUNE 9, 2021

It can grow and mature together with other enterprises, many of which are driving the economic advances in those areas. There are huge efficiencies that can be had. The future of consulting lies in a mutual-benefit approach between enterprises and their consultants. The economies of these regions will continue to grow rapidly.

Consulting 130

Consulting Enterprise Industry Management 130

Harvard Business

MAY 23, 2016

We believe data-driven manufacturing is indeed the next wave that will drive efficient and responsive production systems. Operations in a Connected World. In theory, the whole system therefore becomes more efficient, minimizing wasted materials and activities. From Time-Triggered to Event-Triggered Control Systems.

Data 123

Data Engineering System Efficiency 123

Harvard Business

DECEMBER 15, 2017

Some health care businesses use duplicate dyad management structures—one to oversee the clinical enterprise and another to oversee the business and operations that support the clinical enterprise. The dyad model can help break down silos, improve the way clinical and operations leaders work together, and coordinate care.

Training 134

Training Training Management Healthcare 134

Harvard Business

FEBRUARY 16, 2017

Cleaning up data downstream is expensive and not scalable, because data is a byproduct of business processes and operations like marketing, sales, plant operations, and so on. This requires close collaboration with the operating units and IT. High-quality data can reduce the cost and risk of IT projects.

Data 101

Data Company Operations Enterprise 101

Harvard Business

NOVEMBER 23, 2017

To do this, we examined how 49 enterprise leadership teams spend their time and also looked at their perceived effectiveness on critical behaviors of a senior team. That time is spent establishing financial and operational metrics, aligning goals with overarching strategy, allocating resources, and reviewing key metrics.

Strategy 134

Strategy Strategy& Strategy Enterprise 134

Harvard Business

JULY 9, 2018

But it’s particularly difficult for large, traditional firms , especially those which operate in consolidated, non-growth industries (think pulp and paper, steel, airlines) and which are often located away from the metropolitan areas where data scientists live. There were no processes in place to share the learning.

Talent 116

Talent Recruiting Recruitment Boston Consulting Group 116

Harvard Business

JUNE 13, 2018

It operates at the task level and not the end-to-end process level.” The company may have collections of standard operating procedures, but they are often poorly documented and out of date. health care firm, for example, had over the years stripped a process down to the minimal viable steps to achieve efficiencies.

Company 137

Company Process Improvement Case Interview Banking 137

Epicflow

APRIL 11, 2023

It contributes to their efficient utilization for timely and successful completion of all projects running in the organization as well as improving business outcomes. It improves operational efficiency Improving operational efficiency is one of the prerequisites for ensuring a company’s competitiveness, profitability, and business growth.

Resources 130

Resources Management Software Efficiency 130

Harvard Business

MARCH 30, 2017

Clearly, any enterprise that doesn’t embrace automation won’t be able to survive any better than a farmer with a horse-drawn plow. That inspires fear in some, excitement in others, but everybody will need to plan for a future that we can barely comprehend today. This creates a dilemma for leaders. market share in online sales.

Efficiency 70

Efficiency How To Energy Accenture 70

Harvard Business

JUNE 22, 2016

FinTechs are internet companies that streamline financial systems and make funding the supply chain more efficient. They include new enterprises such as Orbian , Prime Revenue , C2FO , Taulia , and Ariba as well as new operations launched by traditional financial service firms such as Citi Group, HSBC, BNP Paribas, and Deutsche Bank.

Transportation 129

Transportation Finance Financial Banking 129

Harvard Business

JUNE 22, 2018

For example, an enterprise software company recently transitioned from selling custom software as a one-time product to selling monthly SaaS (software as a service) subscriptions. It’s efficient. You can drive efficiency by using inside sales. CAPTION TEXT HERE/Getty Images. Most salespeople like it.

Sales 127

Sales Guidelines Efficiency Software 127

Tom Spencer

JUNE 7, 2024

Priorities might include developing new products, expanding into new markets, enhancing the customer experience, increasing operational efficiency, or embracing sustainability. Economies of scale – For example, McDonald’s enjoys large cost advantages due to its scale of operation.

Strategy 88

Strategy Strategy& Strategy Intellectual Property 88

Management Consulted

AUGUST 1, 2013

After building a successful model in financial services, Oliver Wyman expanded to offer pure strategy consulting services to non-financial services groups and now has 2 internal divisions that operate relatively independently. Strategic Information Technology and Operations. Oliver Wyman became own firm again. Mercer buys Oliver Wyman.

Oliver Wyman 201

Oliver Wyman Interviews Mercer NERA Economic Consulting 201

Harvard Business

FEBRUARY 7, 2017

Most executives today know their enterprises should be aligned. They know their strategies, organizational capabilities, resources, and management systems should all be arranged to support the enterprise’s purpose. This is what enterprise alignment looks like. This is what enterprise alignment looks like.

Enterprise 70

Enterprise System Resources Strategy 70

Harvard Business

OCTOBER 6, 2016

Leaders’ growth in these areas leads to enduring growth for the enterprise. And fifth, while these companies do have leadership “programs,” they are embedded in the business, and HR does not operate alone. Third, these companies believe in learning through exposure.

Leadership 134

Leadership Deloitte Culture Pharmaceuticals 134

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. But I think it’s fair to say that we are part of the 2% that have succeeded. What lessons can we share?

Company 134

Company Strategy Strategy& Strategy 134

Harvard Business

JULY 19, 2017

IT has long played a critical role in helping organizations deliver better products and services, improve operations, better manage risks, and develop new business models to stay relevant. How to Become a Digital Enterprise. That’s still true. Embracing Digital Change Requires a Clear Strategic Focus.

Enterprise 73

Enterprise Insurance Insurance Data 73

Tom Spencer

AUGUST 16, 2024

Despite many current applications being small-scale pilot projects, the promise of Gen AI to revolutionise banking operations and enhance customer experiences is becoming clear. Moreover, they are looking to use large language models to parse regulations in the countries they operate in to ensure they are compliant in each jurisdiction.

Banking 78

Banking Financial Operations Data 78

Harvard Business

MAY 18, 2018

CEB reports that the average organization has undergone five enterprise-wide changes in the past three years and 73% expect change to accelerate (URL: [link] ). Looking ahead, Maureen sensed that the company was also going to be focusing on efficiency in response to market changes and the continued integration of the acquired companies.

Agile 136

Agile Efficiency Culture Trends 136

Harvard Business

MARCH 15, 2018

The belief that women’s ventures are unprofitable investments became apparent in statements such as: “We should finance where we can contribute to high leverage and prioritize such businesses instead of financing hand-to-mouth enterprises, which women typically run.”

Data 130

Data Real Estate Finance Financial 130

Harvard Business

AUGUST 8, 2018

For Tesla, adding more human labor to the mix means extending traditional jobs with additional responsibilities that would help ensure the smooth and efficient operation of the Alien Dreadnought. How companies are using artificial intelligence in their business operations. Adding Humans to the Mix. Insight Center. Adopting AI.

Engineering 129

Engineering Training Training Analysis 129

Harvard Business

APRIL 3, 2017

Businesses have a variety of social responsibilities, but the essential one—and the main reason that private enterprise is given license to operate—is to innovate. We’d like to add a wrinkle to Beinhocker and Hanauer’s argument.

Enterprise 134

Enterprise Engineering Development Energy 134

Harvard Business

JULY 19, 2017

Without building on the basis of a digital operating model, there is no way to ensure alignment among a company’s digital initiatives. Operational excellence, customer intimacy, or product leadership — successful companies excel in one dimension and perform well in the others. How to Become a Digital Enterprise.

Enterprise 71

Enterprise Insurance Insurance Agile 71

Harvard Business

AUGUST 30, 2018

CIOs and CEOs of large enterprises are faced with an overwhelming demand to transform their IT enterprise services and with a bewildering, often conflicting landscape of advice. Let me tell you, our large enterprise clients’ processes are highly dependent upon software. Download this podcast. Angelia Herrin, host.

Agile 70

Agile Enterprise Software Banking 70

Harvard Business

JUNE 20, 2017

Innovation demands new behaviors from leaders and employees that are often antithetical to corporate cultures, which are historically focused on operational excellence and efficiency. Unlike a movement maker, an enterprise leader is often in a position of authority. Dr. Reddy’s: A Movement-Minded Case Study.

Culture 134

Culture Company Enterprise Leadership 134

Tom Spencer

AUGUST 2, 2024

Gen AI’s impact spans all banking functions, especially in operations and decision-making. Traditional AI has significantly improved efficiency and decision-making in banking, but it has limitations with unstructured data, natural language understanding, and complex contextual analysis.

Banking 88

Banking Data Trends Analysis 88

Harvard Business

FEBRUARY 8, 2018

The complex calculations of the field known as Operations Research were enabled by mainframe computing. Client-server technology begat enterprise resource planning systems, and the consequent system-wide visibility that was required for what we call business process management (BPM). “The feedback is much more rapid.”

Change Management 134

Change Management Management Software Productivity 134

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. The German sociologist Max Weber famously praised bureaucracy’s rationality and efficiencies. Believe it or not, bureaucracy was once a progressive innovation.

Agile 133

Agile Energy Retail Case Interview 133

Harvard Business

NOVEMBER 22, 2017

Toward that end, policymakers have introduced value-based payment models that reward quality and efficiency, in contrast with the traditional fee-for-service model, which incentivizes volume. Centers for Medicare and Medicaid Services (CMS) has said that by 2018 it wants 90 percent of its payments tied to value.

Healthcare 73

Healthcare Efficiency Methodologies System 73

Tom Spencer

MAY 24, 2024

Economic uncertainties, recessions, and unforeseen disruptions can shake the foundations of even the most robust enterprises. Embrace Innovation Innovation can be a game-changer for businesses by simultaneously enabling them to operate more efficiently and open up new revenue streams.

Strategy 88

Strategy Strategy& Strategy Cash Flow 88

Harvard Business

MAY 21, 2018

When Enterprise Rent-A-Car acquired Vanguard’s Alamo Rent-A-Car and National Car Rental in 2007, rather than executing a takeover, it moved slowly and sought to learn from its new brands. “Once the deal closed,” shared Enterprise CEO Andrew Taylor, “Enterprise pursued a deliberate integration.

Company 109

Company Enterprise Culture Accenture 109

Harvard Business

NOVEMBER 27, 2018

Other enterprises and their functions are looking to leverage technology to optimize and augment existing operations. In what Gartner calls a third era of enterprise IT, existing investments must be rebalanced and combined with new, disruptive technologies. Aligned Organizational Culture and Capabilities.

Enterprise 70

Enterprise Agile Sales Operations 70

Harvard Business

AUGUST 7, 2017

With data analytics provided by Microsoft Azure and an informational infrastructure developed collaboratively by Industrial Scientific and Cisco, operators now have a dashboard to remotely monitor the people, equipment, and air quality in the mine in real time. The reason? These groups must work together. Not so cool.

ROI 71

ROI Operations Talent Accenture 71