Tom Spencer

JANUARY 31, 2025

Generalist firms, such as McKinsey, Deloitte and BCG, also have life sciences practices but generally provide advice to support the growth and efficiency of key business functions as well as advising on high level business strategy.

Biotechnology 88

Biotechnology Healthcare Pharmaceuticals Consulting 88

Tom Spencer

MARCH 28, 2025

While cryptocurrencies promise to deliver more efficient, transparent, and accessible financial systems, the rise of crypto is also driven by broader concerns. In October 2020, HSBC launched theContour platform, which uses blockchain to digitize trade finance and reduce friction in international trade transactions.

Banking 88

Banking Financial System B2B 88

Johanna Rothman

SEPTEMBER 28, 2018

You might even call them/use them as product teams. You might wonder about organizing all the work as product work. The “Typical Product Development Organization” shows the kind of organization I see most often. The various development directors correspond to the various horizontal layers in the product.

Productivity 86

Productivity Agile Culture Efficiency 86

Tom Spencer

OCTOBER 25, 2024

Environmental Metrics: These measure a company’s impact on the planet, including emissions, energy efficiency, waste management, water usage, and sustainability of the supply chain. This commitment extends across its entire production process, from sourcing raw materials to the final product assembly.

Metrics 78

Metrics Ethics Government Financial 78

Steve Shu Consulting

JULY 25, 2014

One the other hand, possibilities for competitive differentiation and new products seem limitless. For example, Opower tapped into a great market using software-as-a-service and a behavioral efficiency model for saving energy. Each of these routes is suited for different situations.

Video 230

Video Analysis Operations Development 230

Tom Spencer

NOVEMBER 8, 2024

Proprietary tools and methodologies enhancing my ability to analyze problems and develop solutions efficiently. Organized and Structured Consulting Approach The work environment at MBB firms is fast-paced and demanding, with high expectations for performance and productivity.

McKinsey 78

McKinsey Transportation Methodologies Bain 78

Johanna Rothman

SEPTEMBER 28, 2018

In this part, I’ll discuss an option for a product-oriented organization. Consider a Product-Oriented Organization. Instead of organizing by function, consider a product-oriented organization. Again, I am not saying this is the only way a product organization would look, but this is a possibility. What do you do?

Productivity 83

Productivity Agile Efficiency Management 83

Johanna Rothman

OCTOBER 3, 2018

This series is about how you might move to a product-based organization. Part 2 was about one possibility for moving to a product-based organization. Moving to a product-based organization means we change the way we view and reward managers. If you measure based on only the date, you release potentially-horrible product.

Productivity 77

Productivity Agile Efficiency Management 77

Harvard Business

MARCH 31, 2017

If you’re not a numbers person, finance is daunting. After all, if you’re trying to sell a product or strategy, you need to be able to demonstrate that it is both practical and high margin. Stop avoiding finance because you’re afraid of numbers. “Finance and accounting are very simple. .”

Finance 70

Finance Balance Sheet How To Metrics 70

Tom Spencer

JUNE 9, 2023

These systems can suggest relevant products that customers are likely to enjoy. For example, businesses like Netflix, Youtube, Amazon, and Airbnb use AI-powered recommendation systems to suggest movies, videos, products, and rental properties based on a user’s browsing history, past purchases, and revealed preferences based on past behavior.

Data 147

Data Operations Efficiency System 147

Harvard Business

APRIL 14, 2017

For example, our survey, which asked managers of 13 functions, from sales and marketing to procurement and finance, to indicate whether their departments were using AI in 63 core areas, found AI was used most frequently in detecting and fending off computer security intrusions in the IT department. bribes and kickbacks).

Company 176

Company Survey Finance Engineering 176

LSA Global

APRIL 21, 2025

Yet too often, organizations f ocus too narrowly on product training and neglect the foundational skills for new sales hires to be set up for success. To create a sales force that can consistently drive revenue growth and deepen customer loyalty, companies must intentionally cultivate a robust consultative selling skillset from day one.

Sales 62

Sales Balance Sheet B2B Training 62

Harvard Business

OCTOBER 10, 2018

But thinking only about the costs involved in raising wages misses a key issue: pay hikes can also boost workplace productivity. In our own research, we’ve explored the impact that minimum wages can have on businesses, as well as the ways in which higher wages can motivate employees and spur productivity.

Productivity 70

Productivity Efficiency Finance Government 70

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. Industrial Products. Retail and Consumer Products. Corporate and Finance and Advisory. Surface Transportation. Public Policy.

Oliver Wyman 201

Oliver Wyman Interviews Mercer NERA Economic Consulting 201

Harvard Business

MARCH 15, 2018

Nonetheless, statistics show that women-owned businesses, which account for one-third of Swedish businesses, are not granted the corresponding proportion of government venture financing; in fact, women-owned businesses receive only 7%. ” Assumption 2: Women are reluctant to grow their businesses, whereas men are willing to do so.

Data 132

Data Real Estate Finance Financial 132

Harvard Business

JULY 7, 2016

The war certainly has prevented an efficient economic structure, forcing many Colombians to be inward-looking. Banks often are unwilling to take the risk of financing small and midsize companies. The cartels, like that of Pablo Escobar, financed the FARC (and the ELN, another left-wing terrorist group) in return for protection.

Tourism 125

Tourism Government Finance Efficiency 125

Johanna Rothman

OCTOBER 8, 2018

How do we move from a project-based organization towards a product organization? I’ve noticed these challenges in companies who want to move to a more product-oriented approach: The reward system rewards resource efficiency, not flow efficiency. Work Toward the Product Organization with Team Behaviors.

Productivity 65

Productivity Efficiency System Management 65

Harvard Business

JUNE 22, 2016

FinTechs are internet companies that streamline financial systems and make funding the supply chain more efficient. In many cases, companies such as Procter & Gamble and Kellogg’s have extended their accounts payable through such supply-chain financing relationships out to 120 days. FinTechs typically act like brokers.

Transportation 130

Transportation Finance Financial Banking 130

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. Managing team members’ workload To ensure high productivity, it’s important that employees are neither overloaded nor idle. What is a resource management solution?

Resources 130

Resources Management Software Efficiency 130

Epicflow

JANUARY 31, 2023

The Lazy Project Manager: How to Be Twice as Productive and Still Leave the Office Early by Peter Taylor The Lazy Project Manager is based on the idea that lazy people always try to find easier ways to do what they have to. So, focusing on 20% of the most important work will result in 80% outcomes.

Management 29

Management Handbook Case Study Case Studies 29

Chad Barr

JANUARY 8, 2025

Finance: Predicting market trends with near-flawless accuracy. Manufacturing: Optimizing production processes far beyond human capability. Businesses that fail to adapt risk falling into irrelevance, while those that embrace this shift can unlock unprecedented opportunities for growth, efficiency, and innovation.

Trends 52

Trends eBook Training Training 52

Harvard Business

MAY 3, 2016

Although machine-reengineering is new, companies are already seeing striking results with it, particularly in boosts to speed and efficiency. The technology can pick out kinds of people — mountain climbers, for instance — to help advertisers more efficiently match ads to the videos. In one demonstration, a 3.5-minute

Efficiency 70

Efficiency Company Data Engineering 70

Harvard Business

MAY 9, 2016

In an era of high-stakes innovation, there is no clearer illustration of how to develop new products the right way (and the wrong way) than a tale of two car companies. How Porsche got the product right. In the late 1990s, Porsche avoided bankruptcy by making its manufacturing more efficient and its sports cars more reliable.

Productivity 70

Productivity Development Sports Engineering 70

Johanna Rothman

DECEMBER 6, 2023

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 81

Metrics How To Efficiency Resources 81

Harvard Business

OCTOBER 8, 2018

Yet for the regular knowledge worker, Microsoft Excel, 30 years on, remains the go-to product for people looking to make sense of data. Satya Nadella, Microsoft’s CEO, maintains that Excel is still the one Microsoft product that stands above the rest — and 750 million knowledge workers worldwide support that claim every day.

Data 133

Data Productivity Tools Finance 133

Johanna Rothman

FEBRUARY 28, 2020

Later the next week, Finance returned my timesheet to me. I was working in resource efficiency. A couple of finance people yelled at me. I asked them: did they want products done or timesheets done? The product was more important.). Work in flow efficiency. The number of hours total? I think 55. Often, no.

Data 114

Data Agile Software Trends 114

Harvard Business

FEBRUARY 8, 2018

BPM reflected the interactions of different stakeholders, from product creation through supply chain to final assembly. This will likely mean a more flexible work structure as well, in the interest of products and services that ideally can be adjusted to anticipate customer needs. How it effects product design and customer experience.

Change Management 136

Change Management Management Software Productivity 136

Epicflow

SEPTEMBER 19, 2022

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. .

Management 130

Management Resources Metrics Efficiency 130

Harvard Business

SEPTEMBER 11, 2017

Your #1 focus at this stage is product-market fit. Customers are integral to this process because they provide feedback, and every member of your team should be answering support requests, meeting with customers, and thinking about how to build a product that suits the needs of the market. Don’t optimize for efficiency.

Metrics 132

Metrics Engineering Efficiency Operations 132

Harvard Business

JUNE 21, 2017

But what if the task had been simply to make a chip that was 30% more efficient? Just as we wouldn’t rely on a single marketing tactic or a single source of financing for the entire life of an organization, we need to build up a portfolio of innovation strategies designed for specific tasks. In fact, a study analyzing 17.9

Research 196

Research Enterprise Video Energy 196

Harvard Business

AUGUST 8, 2018

If all went well, AI-powered robots would enable the company to achieve a weekly production of 5,000 Model 3 electric cars to keep up with burgeoning demand. According to CEO Elon Musk, the sophisticated robots actually slowed down production instead of speeding it up. Adding Humans to the Mix.

Engineering 130

Engineering Training Training Analysis 130

Tom Spencer

AUGUST 15, 2013

Social enterprise has the potential to change the status quo in three important ways: Firstly, social enterprises are allowed to make a profit, which means they have an incentive to innovate and operate efficiently. Rise of Social Enterprise. The growing trend towards social enterprise could be a game changer.

Enterprise 112

Enterprise Healthcare Ethics Construction 112

Harvard Business

AUGUST 7, 2018

Business discipline: The third key quality of doctorpreneurs is that they pay close attention to finances, capital spending, and management processes because they understand that if their organization is not highly productive, it will not survive and cannot achieve its purpose of serving the greatest number of people.

Healthcare 131

Healthcare Case Study Case Studies Training 131

Tom Spencer

JUNE 21, 2024

In my journey from university to the professional world, I, like many of my peers, initially gravitated towards the allure of prestigious roles in consulting or finance. Product management at this startup involved spearheading the development of a stand-alone final-mile logistics service, unbundling its end-to-end inventory management.

Transportation 88

Transportation Engineering Resources Productivity 88

Johanna Rothman

JUNE 24, 2021

I asked Brad these questions: Do you have product or feature teams that are cross-functional and can release alone? ( Component teams create interdependencies and take much more time to finish work.). Does each team focus on just one product at a time? Schedule Variance Does Not Make Sense for Software Products. And remotely!)

Agile 117

Agile Meeting Software Government 117

Harvard Business

OCTOBER 10, 2017

When Bernstein hid a set of production lines from managers’ view, the performance of employees on those lines increased by 10% to 15%. A great salesperson will operate much more efficiently with a defined process for reaching out to prospects. They will represent the products more consistently.

Metrics 136

Metrics Engineering Operations Sales 136

Tom Spencer

AUGUST 16, 2024

This article delves into some of the most promising use cases of Gen AI in banking, examining how it is already reshaping the sector through advancements in customer service, data-driven decision-making, risk management, and operational efficiency. Operational Efficiency Gen AI will boost the productivity of operational staff.

Banking 78

Banking Financial Operations Data 78