Remove Efficiency Remove Finance Remove Metrics
article thumbnail

Effective Manufacturing Operations Management in 2024

Epicflow

Read the article to learn more about this practice and its role in manufacturing, and explore recommendations that will drive MOM’s efficiency. Its main purpose is to produce better products more efficiently and at lower costs. This practice increases supply chain efficiency, makes it cost-effective and responsive to market changes.

article thumbnail

Sustainability: The Growing Importance of ESG Metrics

Tom Spencer

Environmental, Social, and Governance (ESG) metrics have emerged as critical tools for companies to measure and communicate their sustainability efforts. These metrics are increasingly influencing business decision-making and thus shaping corporate reputation in a way that impacts customer loyalty and financial performance.

Metrics 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Jira: Benefits, Limitations, and Ways to Overcome Them

Epicflow

With these metrics at hand, teams can monitor their progress, identify roadblocks, and make better decisions. Of course, it will require additional expenses, but the benefits of this integration with great probability will outweigh the invested finance and effort. Reporting and analytics. help analyze teams’ performance.

Agile 200
article thumbnail

It’s Time to Change How ESG Is Measured

Harvard Business

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 239
article thumbnail

How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

If you’re not a numbers person, finance is daunting. Stop avoiding finance because you’re afraid of numbers. Think of it this way, “Finance is the way businesses keep score. “Finance and accounting are very simple. .” “Finance and accounting are very simple. Overcome your fears.

Finance 70
article thumbnail

How to Use Flow Metrics to See if Your Economies of Scale Offer Value, Part 3

Johanna Rothman

Flow Efficiency In How Centralization Decisions Create Friction, Increase Cycle Time, and Cost Money, Part 1, I discussed how removing support staff for departments and managers created longer cycle times. Now, it's time for Economies of Scale and how that ties into resource efficiency thinking. Ignorance of the flow metrics.

Metrics 63
article thumbnail

Project Management Maturity Models: A Basis for Reaching Your Organization’s Business Success

Epicflow

Project management maturity (or PMM) reflects a company’s ability to manage projects efficiently. They usually describe levels indicating the current state of an organization in terms of project management efficiency and propose recommendations on how to proceed to more sophisticated levels. . Let’s examine some of them. .