Epicflow

AUGUST 11, 2022

It may seem the outcomes of effective change management are obvious – if positive transformations have happened, the process was effective. . However, the present-day ever-evolving business environment demonstrates that change management is rather a journey than a destination. Change management performance .

Metrics 130

Metrics Change Management Management Efficiency 130

Epicflow

FEBRUARY 9, 2023

When managing a project, it’s vitally important to regularly monitor its state: whether or not it has deviated from the approved schedule and budget; how much work has been completed and how much is left; how efficiently your resources are utilized, etc. What are these metrics, what are they used for, and how to calculate them?

Metrics 130

Metrics Management Resources ROI 130

Epicflow

AUGUST 27, 2024

Everyone knows Jira as a task and project management tool that is popular with software developers. And that’s not without reason — the solution helps teams manage their daily work quite effectively. It helps teams organize and manage their tasks, workflows, and reports. Effective backlog management.

Agile 200

Agile Methodologies Resources Software 200

Epicflow

JANUARY 30, 2025

An effective Project Management Office (PMO) in an organization is a must nowadays. It helps standardize project management practices, ensure alignment with organizational strategy, and provide oversight to deliver projects successfully. Enhanced risk management through predictive insights. What is a PMO? What are PMO tools?

Tools 130

Tools Software Efficiency Resources 130

Epicflow

JUNE 17, 2022

Product portfolio management can make this happen. The Essence of Product Portfolio Management and Its Main Functions. Product portfolio management helps find the most appropriate strategy to gain the desired business objectives as well as evaluate the success of each product or service and make corresponding improvements if necessary.

Productivity 245

Productivity Management Resources Software 245

Epicflow

OCTOBER 9, 2024

‣ Stephen Devaux (USA), is a project management theorist, consultant, author, and educator with 36 years of experience. Ask any project manager how big her project is and you will hear something like: “Well, it’s a ten-month project with a budget of eight million euros.” Business people always fear big losses on projects.

Resources 130

Resources Metrics Data Cash Flow 130

Harvard Business

JULY 10, 2024

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 240

Metrics Efficiency Data Research 240

Tom Spencer

OCTOBER 11, 2024

We’ll also look at case studies of companies leading the way in sustainable supply chain management. Companies are implementing various strategies to minimize waste production, from the design phase, lean manufacturing techniques, to end-of-life management.

Case Study 78

Case Study Case Studies Transportation Efficiency 78

Tom Spencer

OCTOBER 13, 2023

In this article, we will explore the importance of profitability ratios and valuation metrics that are crucial when analyzing banks. There are seven key profitability ratios and two valuation metrics that it is important to understand. It is not a useful metric for comparing different business lines.

Metrics 88

Metrics Banking Balance Sheet Efficiency 88

Tom Spencer

NOVEMBER 15, 2024

Over the past decade, the integration of technology into healthcare has transformed how we diagnose, treat, and manage health conditions. From telemedicine to wearable devices, health-tech innovations are not only improving patient outcomes but also making healthcare more accessible and efficient.

Healthcare 78

Healthcare Data Trends Efficiency 78

Epicflow

MARCH 22, 2024

This article is inspired by the webinar featuring Epicflow co-founder Jan Willem Tromp and professor Mario Vanhoucke based on his latest book “The Illusion of Control: Project Data, Computer Algorithms and Human Intuition for Project Management and Control”. So, what do you need for an efficient risk analysis?

Data 130

Data Risk Analysis Management Analysis 130

Epicflow

SEPTEMBER 19, 2022

Do you know your organization’s project management maturity level? If not, it’s high time to change the situation: project management maturity has a direct impact on a company’s competitiveness and business success. . What is project management maturity exactly, and how to define its level?

Management 130

Management Metrics Resources Efficiency 130

Clarity Consultants

DECEMBER 23, 2021

Identify key metrics to measure success and have a plan to ensure broad buy-in. At Clarity, we have nearly 30 years of experience in L&D, giving us the knowledge and expertise to update your coursework efficiently. Identify new skills they’ll have to acquire and decide how they’ll learn those capabilities. Champion the Change.

Metrics 306

Metrics Operations Leadership Efficiency 306

Epicflow

JUNE 10, 2024

In contrast to traditional project/program/portfolio managers dealing with individual projects/programs/portfolios, the role of a CPO is more strategic, he or she is a member of the executive board and oversees all project-related activities and their connection with an organization’s business strategy. What organizations require a CPO?

Resources 157

Resources Methodologies Efficiency Metrics 157

Johanna Rothman

JUNE 4, 2024

If any manager has micromanaged you, you know exactly how you felt. I bet you felt undervalued and disgusted with your manager. However, the manager was doing the best job they knew how. And often, that manager realized you needed more information. Instead, managers are supposed to coach people.

Efficiency 63

Efficiency Management How To Metrics 63

Harvard Business

SEPTEMBER 23, 2016

Many business leaders are fond of the spurious Peter Drucker quote that “you can’t manage what you can’t measure.” While effective metrics are essential for focusing attention and achieving results, they can also overpower better sense. But these metrics can become tyrants.

Metrics 70

Metrics Retail Sales Automotive 70

Epicflow

JUNE 28, 2023

Project management is no exception – data is becoming increasingly important for analyzing project and resource performance, making effective decisions, and driving projects toward their successful completion. How exactly is data used in project management? What is data-driven project management?

Data 130

Data Management Resources Software 130

Epicflow

JANUARY 30, 2024

As we’ve stepped into 2024, it’s high time to learn what trends in project management are expected to shape the domain in the near future. In the era of constant transformation, project managers and business leaders should stay informed of the tendencies that will impact the way they work on projects. How does this help?

Trends 130

Trends Management Emotional Intelligence Software 130

Harvard Business

APRIL 13, 2017

Another example I often give concerns the use of fuel- and carbon-efficient flight practices in the airline industry. All four groups increased their implementation of fuel-efficient behaviors. The intervention, it appears, encourages a new habit, as fuel efficiency measures remained in use after the study ended. The result?

Airlines 190

Airlines Efficiency Study Operations 190

Epicflow

SEPTEMBER 1, 2022

A Business Case in Project Management: Definition and Importance. According to the Project Management Body of Knowledge [1], a business case is a document that allows decision-makers to determine whether the project is worth the investment. This is when a business case document is required. Let’s figure it out in the article. .

Management 130

Management Resources Analysis Software 130

Harvard Business

APRIL 5, 2017

However, firms can efficiently increase margin growth without much revenue growth by managing to squeeze out their fixed costs to service the same level of output. So this measure may mislabel efficient companies as myopic. Incentivizing managers for growth routinely leads to expansion through overvalued acquisitions.

Metrics 99

Metrics Study McKinsey Cash Flow 99

Johanna Rothman

MARCH 21, 2024

I started this series by discussing why managers didn't perceive the value of agile coaches and Scrum Masters in Part 1, resulting in layoffs.) We can't get something for nothing, and agility requires that managers change the culture. When managers do not change the culture, they cannot reap all the benefits of agility.

Agile 96

Agile Management Metrics Culture 96

Harvard Business

FEBRUARY 8, 2018

Theories and practices of management often spring from the opportunities created by new technologies. 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). yagi studio/Getty Images.

Change Management 134

Change Management Management Software Productivity 134

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 63

Metrics How To Efficiency Resources 63

Johanna Rothman

MARCH 30, 2020

Are you a manager accustomed to Management by Walking Around and Listening (MBWAL) ? You have an opportunity to work differently as a manager. See the Flow Efficiency series.) As a manager, you can ask teams to collaborate. You don't need too many metrics if you can see visible progress. I had the phone.

Management 92

Management Agile Metrics Video 92

LSA Global

JUNE 3, 2024

Top 10 Steps to Better Design Strategy Success Metrics Workplace metrics impact workplace behaviors and performance. Designing the right strategy success metrics can mean the difference between a leadership team collectively steering toward its strategic targets and veering off course. Makes sense right? Wells Fargo opened 3.5

Metrics 59

Metrics Strategy Strategy Strategy& 59

LSA Global

JULY 1, 2024

While the specific strategy success metrics vary across different industries and different strategies, metrics tend to fall into four overall buckets: Financial, Customer, Employee, and Other. Here is a list of the top thirteen metrics that CEOs should measure for strategic success.

Metrics 54

Metrics Cash Flow Talent Financial 54

Harvard Business

OCTOBER 10, 2017

Precision made it easy for managers to oversee their employees. Every spot on every line was visible to managers. Every step of the process was measured, and real-time metrics were easily accessible. A great salesperson will operate much more efficiently with a defined process for reaching out to prospects.

Metrics 134

Metrics Engineering Operations Sales 134

Harvard Business

FEBRUARY 22, 2017

Practitioners and pundits alike have long debated which metric is best for assessing the performance of a service organization. It’s not surprising that the metric figures prominently on a service rep’s scorecard. Why is average handle time such a bad metric for service?

Metrics 123

Metrics Video Fashion Report 123

Harvard Business

SEPTEMBER 11, 2017

Set up a simple workflow to manage customer requests. Don’t optimize for efficiency. Don’t obsess over metrics like inquiry volume or time to close tickets. This won’t be a “Chief Customer Officer” or a “Customer Success Manager.” What to do. What not to do. Your goal is success.

Metrics 131

Metrics Engineering Efficiency Operations 131

Strategic Planning and Management Insights

MARCH 6, 2023

For instance, in Marketing, data is being used to calculate ROI on marketing campaigns, or come up with new pricing strategies based on A/B testing of campaigns which helps marketing and managers bring in more revenue, and stay ahead of the competition. However, it's crucial to have a consistent and efficient method for tracking progress.

Report 98

Report Data Strategy Strategy 98

Management Consulted

NOVEMBER 20, 2013

In their purest form, brainteasers are uncommon in management consulting interviews , but we include them for 2 reasons. However, in business, decisions can be effectively and efficiently made based on near-perfect data/calculations. Here are some sample brainteaser questions: How many golf balls can fit in a football stadium?

Case Interview 236

Case Interview Interviews Study Cover Letters 236

Tom Spencer

MAY 18, 2015

Nigel is the author of The Long Term Starts Tomorrow , a must have book “for any manager, leader or Minister.” Tom: Do you think that short term financial metrics are part of the problem in developing long term strategy? And so, there appears to be a disparity between what companies do and what the metrics are measuring.

Metrics 60

Metrics Financial Cash Flow Process Improvement 60

Harvard Business

DECEMBER 20, 2018

In 2017, CIO magazine reported that around one-third of all customer relationship management (CRM) projects fail. Front-line sales professionals and managers rarely find the majority of these capabilities useful in winning more business for the company. Managers provide coaching to improve, not reporting to inspect. The result?

Sales 132

Sales How To Metrics Tools 132

Harvard Business

JULY 19, 2018

One of the biggest challenges facing management scientists has been the struggle to produce knowledge that is both academically rigorous and applicable to practicing managers. In an Academy of Management Journal editorial, we described two problems that contribute to this challenge. spiderstock/Getty Images.

Research 131

Research Journal Ethics Metrics 131

Harvard Business

NOVEMBER 29, 2018

A core challenge of management is to ensure that the organization’s priorities, strategies, and metrics are consistently embraced and that any impediments are identified and addressed quickly. Metrics that are reported daily, such as “units at capacity.” Accountability is vital to the efficiency of the process.

System 130

System Healthcare Metrics Report 130

Harvard Business

JUNE 16, 2017

Managing HR-related data is critical to any organization’s success. On the “push” side, HR leaders can do a better job of presenting human capital metrics to the rest of the organization using the LAMP framework: Logic. Vincent Tsui for HBR. And yet progress in HR analytics has been glacially slow.

Metrics 133

Metrics Analysis Data Talent 133