Consulting Matters

OCTOBER 10, 2024

I had a series of focus groups to run for a client, but we turned it into a family trip. Set Up Marketing, Sales, and Client Delivery for Efficiency Time is your most valuable asset, especially when you’re a parent. Efficiency is the name of the game here. This will save you time and help you scale more efficiently.

Consulting 156

Consulting How To System Efficiency 156

Epicflow

NOVEMBER 8, 2024

Nearly 56% of survey respondents believe they cannot demonstrate improvements in on-time project delivery, organizational efficiency, or profitability. Since 2007, MHI Group has changed its management paradigm toward portfolio optimization, introducing a strategic business evaluation system and focusing on cash flow.

Management 222

Management Cash Flow Industry Real Estate 222

Kraft Kennedy

OCTOBER 30, 2024

Why Law Firms Are Embracing Application Rationalization An underrated operational advantage, Application Rationalization addresses an inefficiency common across law firms. Today’s market requires new levels of cost reduction, efficiency, and productivity. All About The Apps!

Software 52

Software Tools Comparison Operations 52

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

Chad Barr

MARCH 5, 2025

This is not just another AI tool; it’s a powerful resource designed to transform the way you operate, strategize, and grow your business. For consultants, thought leaders, entrepreneurs, and corporate advisors, staying ahead requires leveraging cutting-edge tools that maximize efficiency and impact.

Tools 52

Tools Research Analysis Efficiency 52

Successful Independent Consulting

AUGUST 28, 2024

1] These taglines were created and are owned respectively by 1) Alex Mostkov , Omnium Professional Services, LLC; 2) Lisa Duerre , RLD Group, LLC; 3) Philip Boken , PCB & Company. It may include who you do it for, though that’s usually not necessary. Insert your keywords, then add words that tee up the result (e.g., Last, add the result.

Development 195

Development Turnaround How To Financial 195

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. What is a resource management solution? A resource management solution is a software tool that helps plan, allocate, and manage a company’s resources involved in projects.

Resources 130

Resources Management Software Efficiency 130

Epicflow

JULY 12, 2022

At the same time, the talent component shouldn’t be left aside: data alone cannot lead companies to success without human expertise to use in an efficient way. . Apart from leveraging data for more efficient decision making, what other characteristics are peculiar to data-driven organizations? Real-time data processing and delivery.

Data 187

Data Analysis Efficiency Survey 187

Harvard Business

OCTOBER 9, 2018

The list of actions companies take is well-developed and documented, and most large companies do the following: Slash energy use and emissions in operations. Engage employees, through awards and incentives, to innovate, find operational savings, and develop products that cut customers’ emissions as well. Embrace renewable energy.

Energy 132

Energy Government Efficiency Transportation 132

Harvard Business

FEBRUARY 27, 2018

To perform at the highest levels, remote teams have to find new and better ways to operate. First, consider that there are three kinds of distance in remote collaboration: physical (place and time), operational (team size, bandwidth and skill levels) and affinity (values, trust, and interdependency). And then misinterprets them anyway.)

How To 191

How To Conference Groups Operations 191

Chad Barr

JANUARY 8, 2025

” This is not just a tech milestone—it’s a harbinger of a seismic shift in how businesses operate, innovate, and grow. 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

Clarity Consultants

OCTOBER 25, 2023

There are a few ways that it impacts an organization, including defining roles and responsibilities, decision-making, efficiency and productivity, employee morale, and more. This means that each manager supervises a smaller group of employees. What are the Differences between a Tall and Flat Organizational Structure?

Organizational Development 162

Organizational Development Efficiency Development Productivity 162

Harvard Business

NOVEMBER 8, 2018

These organizations are targeting technologies that have a proven impact on patient outcomes, efficiency of care delivery, workforce engagement, or population demand management. Overall, it has improved patient outcomes and reduced the operating costs of clinical services. Insight Center. The Future of Health Care.

Healthcare 124

Healthcare Efficiency Bain Survey 124

Harvard Business

NOVEMBER 29, 2018

In this article, I’d like to share the insights we’ve gleaned from the model’s first full year of operation, which hopefully organizations in health care and many other industries will find useful. On the business side, the escalation process has provided improved visibility into operations.

System 130

System Healthcare Metrics Report 130

Harvard Business

DECEMBER 30, 2016

A little dab of inventory data would enhance both customer expectations and process efficiencies. But the more rigorously the use cases were modeled, the more complicated enhancing expectations and efficiencies became. This seemingly counterintuitive finding infuriated the group. This realization gob-smacked the group.

Efficiency 136

Efficiency Productivity Software Data 136

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

MAY 31, 2018

. “To prosper over time,” he argued, “companies must benefit all of their stakeholders, including shareholders, employees, customers, and the communities in which they operate.” Through a well-structured operating process, partners expand and align their efforts and draw on comparative strengths.

Nonprofit 128

Nonprofit Government Company Operations 128

Clarity Consultants

SEPTEMBER 18, 2017

Many companies are already operating with lean staff, due to high attrition rates and not replacing staff, not to mention downsizing as a result of a difficult economy. In this kind of environment, focusing on worker retention and cross training to make existing workers more efficient makes a lot of sense. Boston Consulting Group.

Training 165

Training Training Examples Boston Consulting Group 165

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

MARCH 13, 2018

As mid-level managers of separate companies (groups of 140 to 210 people) within the same Army Brigade over the past two years, we were evaluated against each other. Dan implemented these ideas in his group and, inspired by the openness of his competitor, described his plan to incorporate courtesy reviews by the inspection team.

Operations 126

Operations Exercises Conference System 126

Harvard Business

OCTOBER 26, 2018

To help organizations meet today’s challenges, managers must move from: Directive to instructive: When robots driven by artificial intelligence (AI) do more tasks like finish construction or help legal professionals more efficiently manage invoices , there will be no need for a supervisor to direct people doing such work.

Management 133

Management Operations Construction Development 133

Harvard Business

MAY 23, 2016

Time is viewed as limited in supply, so Western people structure their lives, especially business operations, by milestones and deadlines. This trait was reflected in their precise technical questions, which were primarily centered on how the equipment could improve time efficiency over their current methods. Why might this be?

Culture 132

Culture Efficiency Meeting Ethics 132

Harvard Business

OCTOBER 29, 2018

We calculated the costs of each “episode” — the hospitalization plus all costs in the 90 days post discharge — for hospitals that joined BPCI as well as hospitals that didn’t join (our control group). The five years of experience we have had with BPCI seems like a sufficient time to have learned a lot about it.

Operations 120

Operations System Policies Efficiency 120

Melissa Agnes

NOVEMBER 16, 2014

He’s also responsible for developing The Illinois Model, which is a systematic way of looking at police operations based on solving problems. Join The Illinois Model’s LinkedIn group. Check out Lou’s blog at The Virtus Group. Louis Hayes is a police officer in the Metropolitan Chicago area.

Efficiency 104

Efficiency Operations Development Industry 104

Harvard Business

JUNE 21, 2016

We are able to accomplish this partly because the human mind is able to process very complex information very efficiently. Operations in a Connected World. The key was to design the structure of our model to make very efficient use of each observation of the human expert. Insight Center. Sponsored by Accenture.

Efficiency 116

Efficiency Automotive Accenture Meeting 116

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 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

Harvard Business

AUGUST 1, 2016

An estimated 21% of carbon emissions in the United States are attributable to companies, and yet to date there is scant research on how to make firm operations more efficient in terms of reducing pollution. For many years, teams at Virgin Atlantic have been testing ways to motivate efficient decision-making in the cockpit.

Efficiency 70

Efficiency Metrics Study Groups 70

Epicflow

MARCH 30, 2023

Of course, in these cases, it will be impossible to work efficiently and deliver the desired output on time and within budget. Prioritization of work The right prioritization is a must for work in a multi-project environment; this gains even more importance in times of a crisis, when the teams’ efficiency is one of the top priorities.

Resources 130

Resources Management Efficiency Productivity 130

Harvard Business

OCTOBER 9, 2017

Overlooking these realities is perilous, both for the patient’s well-being and for efficient delivery of care. The physician-sherpa should be a partner on the journey, not simply a medical operative, extracting formulaic rules and implements from a toolbox. This work cannot happen in a vacuum of forced efficiency.

Guidelines 133

Guidelines Efficiency System Meeting 133

Tom Spencer

NOVEMBER 23, 2011

Markets are usually a good way to organise economic activity: Individuals and firms that operate in a market economy respond to prices and thereby act as if guided by an “invisible hand” which leads the market to allocate resources efficiently. Graduate Consulting Group. Previous post: Do you have an app? Categories.

Consulting 128

Consulting Government Resources Case Interview 128

Harvard Business

MAY 15, 2018

However, these cross-functional groups often bump up against misaligned incentives, hierarchical decision-making, and cultural rigidities, causing progress to stall or action to not be taken at all. The group was surprised several times by the demands of external stakeholders.

Agile 136

Agile How To Efficiency Groups 136

Harvard Business

OCTOBER 2, 2018

A group of Whole Foods employees have recently taken steps to explore unionizing. Tight cultures have an efficient orderliness and reassuring predictability, but are less adaptable. Rooted firmly in the manufacturing industry, Amazon has defined processes to maximize its efficiency. Loose cultures are much more fluid.

Culture 132

Culture Operations Efficiency Guidelines 132

BCG

MAY 9, 2016

BCG’s Retail-Banking Excellence benchmarking study (REBEX) profiles the operational and digital practices and performance of 20 of the world’s leading retail banks, a group of 40 institutions chosen for their size and the strength of their capabilities. At the heart of the benchmarking are core operational metrics.

Operations 40

Operations Retail Banking Benchmarking 40

Harvard Business

APRIL 11, 2017

In a recent survey of 164 executives at companies with more than $1 billion in revenue, 26% of respondents told us the transition from innovation or R&D group to the business unit “needs serious work” at their company. But it also ensures that the innovation group isn’t drifting off into deep space.

Survey 134

Survey Groups Energy Research 134

Harvard Business

SEPTEMBER 28, 2018

Instead, we bring people into different contexts — removed from typical day-to-day company operations — that can serve as a metaphor for what customers experience and therefore jolt employees into a more empathetic stance. Step 4: Invite a group of people to go through the exercise and to talk about it. Design that.

Energy 130

Energy Exercises Groups Meeting 130

Harvard Business

JULY 26, 2017

However, many of the runners start to boo the runners who are from a different color starting group. For a very short time only, and pretty much by random, they have been separated into different starting positions and assigned to a red, blue, or green group. Hence, booing them makes sense as the others are not part of our tribe.

Company 123

Company Groups Engineering Meeting 123