Epicflow

DECEMBER 10, 2024

A matrix organizational structure means that a companys employees report to multiple managers, e.g., a project (or product) manager and a functional manager. Having originated in the aerospace industry, matrix organizational structure is now typical for project-based companies in manufacturing, engineering, and A&D industries.

Resources 208

Resources Management Efficiency Tools 208

Epicflow

OCTOBER 28, 2024

On the one hand, engineering project management steps are the same as those for projects in other industries: planning, scheduling, allocating resources, managing stakeholders, monitoring, etc. The main characteristics of the Lean method for project management involve reducing waste, increasing efficiency, and improving project performance.

Engineering 248

Engineering Management Methodologies Resources 248

Tom Spencer

MARCH 28, 2025

For product leaders , large language models (LLMs) arent just another shiny tech trend, theyre reshaping how businesses interact with customers, automate workflows, and make decisions. From writing assistance to automated data analysis, LLMs enable users to work more efficiently, thereby freeing up time to focus on higher-value tasks.

Productivity 88

Productivity McKinsey Data Training 88

Clarity Consultants

OCTOBER 3, 2021

In 2020, the financial services industry had to put its crisis management plans into action. Today, by looking back, it’s possible to assess how the financial services industry fared during 2020. While digital transformation has been common in the financial services industry for some time. Contact us today.

Financial 264

Financial Industry Management Guidelines 264

Clarity Consultants

MARCH 16, 2023

In today’s fast-paced business environment, ensuring employees are as productive as possible is essential. Learning and Development (L&D) is becoming increasingly important to make reaching productivity goals possible. Here’s a closer look at how L&D improves employee productivity. Contact us today.

Productivity 213

Productivity Culture Efficiency Development 213

Epicflow

OCTOBER 4, 2024

If so, it’s hardly surprising—a great number of projects are exposed to industry challenges or unfavorable external events. Typical Risks in Manufacturing Projects Manufacturing projects can be significantly affected by risks faced by the industry in general. For example, the manufacturing industry in the U.S.

Management 147

Management Resources Software Productivity 147

Epicflow

JUNE 17, 2022

For the growing companies, it’s crucially important to keep track of all their products and make sure they are in demand and meet customers’ needs. A good way to increase profitability is to work on the products that will definitely bring revenue and make the right improvements that people are expecting.

Productivity 245

Productivity Management Resources Software 245

Epicflow

JANUARY 30, 2025

Still, effective project management requires more than profound knowledge and expertise: it demands the right tools to streamline processes, enhance team collaboration, and enable efficient decision-making everything you need to reach your companys strategic goals. Increased efficiency in managing project timelines and budgets.

Tools 130

Tools Software Efficiency Resources 130

Clarity Consultants

FEBRUARY 9, 2025

Companies rely on Learning & Development (L&D) programs – especially eLearning – to stay competitive as industries change. L&D programs help organizations keep up with industry trends, adopt new technologies, and respond to changing market demands.

Metrics 147

Metrics ROI Training Training 147

Epicflow

FEBRUARY 20, 2025

Efficient portfolio management is essential for business success in todays competitive landscape. PPM tools help allocate resources efficiently by analyzing availability, workload, and skill sets, ensuring that the right resources are allocated to the right projects. What Are Project Portfolio Management Tools?

Tools 130

Tools Management Software Resources 130

Epicflow

JANUARY 21, 2022

The trends shaping the automotive industry in 2022 will certainly have an impact on its companies’ projects. The automotive industry is moving towards the new future by leaps and bounds. global chip shortage), and the need for reducing production costs add to the above-mentioned difficulties. . Challenges in Automotive Projects.

Automotive 130

Automotive Industry Resources Agile 130

Successful Independent Consulting

NOVEMBER 30, 2023

Image generated by AI using a free version of Canva Of course you’ve heard of ChatGPT but are you using it to work smarter and more efficiently yet? For us, ChatGPT isn't just another tech gimmick; it's a virtual assistant that can elevate our creativity, enhance productivity, and revolutionize our communications.

Productivity 195

Productivity Consulting Tools Efficiency 195

Tom Spencer

APRIL 12, 2024

Meetings can either be a powerful catalyst for collaboration and decision-making or a drain on time and productivity. Whether you are in consulting, strategy, operations, or product management, the ability to manage meetings effectively is a crucial skill that can significantly impact the success of your endeavors.

Meeting 143

Meeting Productivity Management How To 143

Epicflow

DECEMBER 14, 2023

At present, the construction industry is undergoing a substantial transformation. Read further to learn what construction trends are going to shape the industry in 2024, and how it’s expected to address current challenges and ensure sustainable growth. Other Construction Management Trends and Challenges in 2024 1.

Construction 144

Construction Trends Industry Energy 144

Effective Managers

JUNE 24, 2024

Examining Practical Applications of Artificial Intelligence (AI) in Improving Business Processes Leveraging AI into business operations has become a transformative force across various industries. AI in Streamlining Operations AI technology has made significant strides in optimizing operational efficiency.

Ethics 219

Ethics Efficiency Operations ROI 219

Epicflow

JUNE 10, 2022

Speaking about the risk-bearing events affecting aerospace engineering projects, we can divide them into three groups: project management, engineering risks, and those that are typical for the aerospace and defense industry. Risks specific for the aerospace and defense industry. Let’s take a closer look at each of the groups. .

Engineering 246

Engineering Management How To Risk Analysis 246

Tom Spencer

NOVEMBER 22, 2024

Artificial intelligence (AI) is transforming industries across the globe, and banking is no exception. The adoption of AI is revolutionizing banking products, enabling financial institutions to offer personalized service, increase efficiency, and enhance security. AI-Driven Innovations in Banking Products 1.

Banking 78

Banking Finance Meeting Data 78

Epicflow

FEBRUARY 20, 2025

Efficient portfolio management is essential for business success in todays competitive landscape. PPM tools help allocate resources efficiently by analyzing availability, workload, and skill sets, ensuring that the right resources are allocated to the right projects. What Are Project Portfolio Management Tools?

Tools 130

Tools Management Software Resources 130

Epicflow

APRIL 15, 2022

To be able to stay competitive on the market and cope with any arising issues, aerospace engineering companies are expected to seek how to improve operational efficiency in general and the engineering processes in particular. . What drives efficiency of aircraft engineering projects? Keep control of changing requirements.

Engineering 130

Engineering Efficiency Management How To 130

Epicflow

NOVEMBER 8, 2024

Nearly 56% of survey respondents believe they cannot demonstrate improvements in on-time project delivery, organizational efficiency, or profitability. Hyundai Heavy Industries Hyundai Heavy Industries (HHI) is a top South Korean shipbuilding company that holds roughly a 15% share of the world’s shipbuilding market.

Management 222

Management Cash Flow Industry Real Estate 222

Harvard Business

APRIL 20, 2018

Is there someone on your team who seems unusually productive? Super-productive people are in every industry. The most productive software developers write nine times more usable code per day than the average developer, according to research by Michael Mankins. The most productive people are great problem-solvers.

Productivity 140

Productivity Study Software Analysis 140

Tom Spencer

JANUARY 31, 2025

The global life sciences industry is transforming alongside the worlds increasing life expectancy, global population, and rapid advancements in technology and innovation. It is predicted that AI-powered healthcare will become a $188 billion industry by 2030. There are two pathways into the industry.

Biotechnology 88

Biotechnology Healthcare Pharmaceuticals Consulting 88

Tom Spencer

NOVEMBER 15, 2024

Technology has revolutionized nearly every industry, and healthcare is no exception. From telemedicine to wearable devices, health-tech innovations are not only improving patient outcomes but also making healthcare more accessible and efficient. Zuhair Imaduddin is a Senior Product Manager at Wells Fargo.

Healthcare 78

Healthcare Data Trends Efficiency 78

Clarity Consultants

JANUARY 13, 2025

Reduces Complexity: AI simplifies video production, voiceovers, and visual design , delivering professional results without extensive resources. Be ready to step in for the nuances whether its ensuring emotional impact or adding an authentic voice, a human touch is often needed to elevate the final product.

Tools 130

Tools Video Training Training 130

Epicflow

JANUARY 28, 2022

Besides, business owners can have their facilities around the world independent of their place of residence or other teams that aren’t involved in production. To plan projects’ flows and apply efficient allocation strategies, a project or a resource manager has to know how many resources will be needed to perform a planned scope of work.

Efficiency 130

Efficiency Management Resources Software 130

Tom Spencer

NOVEMBER 8, 2024

I wanted to dive deep into the transportation industry and build my expertise and network there. Innovation and Thought Leadership Contrary to the perception that consulting firms are old and slow to adapt, MBB firms are often at the forefront of innovation across industries.

McKinsey 78

McKinsey Methodologies Transportation Bain 78

Epicflow

MAY 31, 2022

In today’s changing and uncertain world, aerospace engineering companies are seeking the ways to design and develop new products faster and with less cost. Combined with other Industry 4.0 As a result, it increases productivity, minimizes risks, improves product quality, and reduces production time. .

Engineering 49

Engineering Talent Data Productivity 49

Epicflow

MAY 31, 2022

Changes to a developed product. Changes to a developed product are inevitable, however, they turn into challenges when they get out of control and there are several sources of truth. Therefore, ensuring remote teams’ efficiency will require additional effort. . Run simulations to make efficient resource allocation decisions.

Engineering 49

Engineering Resources Management Efficiency 49

Clarity Consultants

JULY 28, 2021

Others had to adjust the social distancing, PPE, sanitation, and other new requirements, allowing them to continue in the workplace safely while supporting critical industries. In others, it’s because they’ve discovered better work-life balance and boosted productivity, making the work-from-home model beneficial personally and professionally.

Management 274

Management How To Training Training 274

Epicflow

AUGUST 12, 2024

How can manufacturers ensure production efficiency and competitiveness? One of the effective solutions is digital transformation — the implementation of innovative technologies into every manufacturing aspect helps production companies enhance their capabilities, shorten products’ time to market, and satisfy customers’ demands.

Examples 130

Examples Efficiency Data Automotive 130

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. For instance, Tesla’s focus on sustainable energy solutions has significantly bolstered its reputation as an innovator in the automotive industry.

Metrics 78

Metrics Ethics Government Financial 78

Effective Managers

JUNE 24, 2024

Examining Practical Applications of Artificial Intelligence (AI) in Improving Business Processes Leveraging AI into business operations has become a transformative force across various industries. AI in Streamlining Operations AI technology has made significant strides in optimizing operational efficiency.

Ethics 130

Ethics Efficiency Operations ROI 130

Clarity Consultants

JUNE 30, 2023

The more training you offer, the more efficient and effective employees are in a role. This is because they are better equipped to handle tasks, solve problems, and deliver high-quality work–all of which impact organizational productivity. Retaining existing employees is far more cost-efficient than hiring and training new talent.

Development 265

Development Training Training Agile 265

Epicflow

FEBRUARY 8, 2024

In a few words, the industry is going to evolve in three major areas: implementing recent technological advancements (Industry 4.0), finding ways to address post-pandemic challenges, and meeting sustainability requirements. Let’s take a closer look at these and other manufacturing trends that are going to impact the industry in 2024.

Trends 130

Trends Talent Deloitte Efficiency 130

Tom Spencer

JANUARY 13, 2023

As a strategy consultant at a boutique management consulting firm, I am always on the lookout for new tools that can help organizations become more efficient, effective, and innovative. Image: Pexels The post ChatGPT: How Chatbots are Disrupting Entire Industries first appeared on Tom Spencer.

Industry 88

Industry Knowledge Base Training Training 88

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

Tom Spencer

JULY 1, 2022

A manager at Accenture has been known to say that “analysts are often over enthusiastic about the consulting industry”. It is important to strike a balance between your personal and professional life so that you can avoid working too hard and explore ways to become more productive. How do you set healthy boundaries in the workplace?

Industry 88

Industry Consulting Accenture Efficiency 88