Tom Spencer

APRIL 12, 2024

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. Keeping participant numbers limited to those who are essential to the discussion is crucial for efficiency.

Meeting 143

Meeting Productivity Management How To 143

Harvard Business

NOVEMBER 8, 2018

To understand physicians’ evolving reality, Bain’s biennial Europe Front Line of Health Care Survey tracks European practitioners’ attitudes, priorities and decision-making power. 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 Survey Bain 124

Harvard Business

OCTOBER 24, 2016

Small startup firms are already developing proprietary technologies — such as machine vision, deep learning, and other innovations —– that could help large investors evaluate opportunities and risks with far greater accuracy and efficiency than was previously possible. But right now that’s not happening.

Operations 70

Operations Finance Media Financial 70

Harvard Business

APRIL 14, 2017

My own firm released a survey recently of 835 large companies (with an average revenue of $20 billion) that predicts a net job loss of between 4% and 7% in key business functions by the year 2020 due to AI. In stark contrast, very few of the companies we surveyed were using AI to eliminate jobs altogether. bribes and kickbacks).

Company 160

Company Survey Finance Engineering 160

Harvard Business

MAY 25, 2016

Survey-based reports find that firms are currently spending an estimated $36 billion on storage and infrastructure, and that is expected to double by 2020. However, looking at the surveys and consulting reports, it is unclear what the precise use cases are that will drive this positive ROI from big data. Insight Center.

Data 132

Data Advertising Operations Case Study 132

Markovitz Consulting

NOVEMBER 19, 2019

Of course, software firm 37 Signals has been operating four-day work weeks over the summer since 2008. Indeed, a recent survey by the Society of Human Resource Management indicates that fifteen percent of companies offer a 32-hour workweek. Of course, every situation is different and will require a different approach.

Time Management 145

Time Management Balance Sheet Management Software 145

Harvard Business

OCTOBER 27, 2017

In a recent survey , Bain & Company found that just 2% of companies are successful in achieving their sustainability goals. However, like many of the companies surveyed by Bain, we were unsure how to connect our strategic vision around sustainability with meaningful operational changes. Simone Golob/Getty Images.

Company 134

Company Strategy Strategy Strategy& 134

Harvard Business

NOVEMBER 15, 2018

A recent Navigant survey found that U.S. hospitals and health systems experienced an average 39% reduction in their operating margins from 2015 to 2017. Cost reduction requires an honest and thorough reassessment of everything the health system does and ultimately, a change in the organization’s operating culture.

System 127

System Management Nonprofit Operations 127

Harvard Business

MAY 2, 2017

On the contrary, clarity about where the buck stops is one of the most critical enablers of efficient teamwork. Working with old hands before you forge a project of your own helps you pick up the routines, processes, and tools that make collaboration efficient. But collaboration is not consensus.

How To 130

How To Video Technology Implementation Survey 130

Harvard Business

JUNE 28, 2016

Some surveys seem to lump together technical skills training and classic management training. But even though we all recognize that the trains have to run on time, who wants to be mired in tedious operational details when you could be thinking higher-level thoughts about competitive global strategy?

Training 132

Training Training Development Management 132

BCG

NOVEMBER 3, 2016

In the two years since The Boston Consulting Group conducted its last ­Treasury Benchmarking Survey, banks have remained locked in a Sisyphean struggle. See Time for Rebalancing: Insights from BCG’s Treasury Benchmarking Survey 2014 , BCG Focus, December 2014.). Focus Thursday, November 03, 2016.

Benchmarking 40

Benchmarking Survey Boston Consulting Group Banking 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. “Don’t call it a hand-off,” one survey respondent advised.

Survey 133

Survey Groups Energy Research 133

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

LSA Global

MAY 29, 2017

Who is our survey partner? We work with a third party vendor, LSA Global, to design and distribute our Employee Engagement Survey. LSA Global is committed to keeping our survey data confidential and also to get us the information we need to cultivate engagement in our work environment. What does the engagement survey measure?

Survey 37

Survey Benchmarking Data Report 37

Harvard Business

MAY 18, 2018

To infuse change agility into your culture, mid- and front-line leaders — who are closest to the markets, customers, and daily operations — need to be encouraged and incented to see opportunities in what they do every day. Look ahead and see opportunity: Most leaders view this as the role of senior executives.

Agile 136

Agile Efficiency Culture Trends 136

Harvard Business

OCTOBER 6, 2016

We surveyed and interviewed executives from more than 2,000 companies, asking extensive questions about how they develop leaders, how their companies are managed, how they coordinate their work, and what their organizational culture looks like. .” How talent management is changing. They should be directing their attention elsewhere.

Leadership 134

Leadership Deloitte Culture Pharmaceuticals 134

Epicflow

MARCH 30, 2023

The survey conducted by the Economist Intelligence Unit shortly after the global financial crisis of 2008 has revealed that effective project management has helped business organizations to maintain their competitiveness during the recession.

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 System Efficiency Meeting 133

Harvard Business

AUGUST 8, 2018

For Tesla, adding more human labor to the mix means extending traditional jobs with additional responsibilities that would help ensure the smooth and efficient operation of the Alien Dreadnought. How companies are using artificial intelligence in their business operations. Adding Humans to the Mix. Insight Center. Adopting AI.

Engineering 129

Engineering Training Training Analysis 129

LSA Global

JULY 1, 2024

Profitability Profitability metrics, including gross profit margin, operating profit margin, and net profit margin, offer a clear picture of the company’s efficiency and financial stability. Cash Flow Cash flow management is crucial for meeting day-to-day operational needs and setting the company up to invest in growth.

Metrics 68

Metrics Cash Flow Talent Financial 68

Harvard Business

DECEMBER 14, 2018

These relationships can create efficient new sales channels and powerful feedback mechanisms or unlock entirely new business models. Writing in the Sloan Management Review, Boston College professor Gerald Kane noted that 87% of executives surveyed indicated that digital technologies will disrupt their industries to a great or moderate extent.

Strategy 128

Strategy Strategy Strategy& Insurance 128

Tom Spencer

NOVEMBER 14, 2020

We relied on marketing professors to learn current market analysis techniques and tools, online retail platforms for data, and customer surveys to generate a majority of our insights. With a team of five, we delved into 3+ years of sales data and operational costs to create an effective final presentation.

Consulting 142

Consulting Recruiting Recruitment Sales 142

Harvard Business

APRIL 17, 2017

For example, a survey of more than 1,000 car buyers in Germany showed that only 5% would prefer a fully autonomous vehicle. Based on this cross-case analysis, we found that operational safety and data security are decisive factors in getting people to trust technology.

Case Interview 122

Case Interview Transportation Healthcare System 122

Harvard Business

MARCH 22, 2018

.” The possibility of employee misconduct—the potential for behaviors or business practices that are illegal, unethical, or contrary to a firm’s stated values, policies, and procedures—is a form of risk just like liquidity risk or operational risk. Investments in cultural capital is one way to reduce that risk.

Culture 133

Culture Company Financial Banking 133

Tom Spencer

JUNE 24, 2022

Immutability and security are vital to the operation of government and business due to the sensitive information these institutions gatekeep. Low transaction costs will also be necessary to ensure efficient operations and to ensure that blockchain systems offer a cost advantage over the status quo.

Government 88

Government Insurance Insurance System 88

Harvard Business

NOVEMBER 22, 2017

In a new global survey by Harvard Business Review Analytic Services, overall executive confidence in internal IT was very mixed, with only 17 percent of the executives viewing their own IT organization as being extremely capable of executing their company’s digital agenda. Are IT organizations ready for the challenge?

Operations 71

Operations Survey Fashion Efficiency 71

Harvard Business

JANUARY 18, 2018

One survey revealed that “39% of jobs in the legal sector could be automated in the next 10 years. ” Machine learning algorithms are also predicted to replace people responsible for “optical part sorting, automated quality control, failure detection, and improved productivity and efficiency.”

Strategy 134

Strategy Strategy Strategy& McKinsey 134

Harvard Business

NOVEMBER 23, 2017

That time is spent establishing financial and operational metrics, aligning goals with overarching strategy, allocating resources, and reviewing key metrics. This includes forums for employees to voice concerns via surveys (e.g., employee engagement) and actual dialogue.

Strategy 134

Strategy Strategy Strategy& Enterprise 134

Harvard Business

JUNE 7, 2017

First, managers should ask themselves if they have automated processes in problem areas that cost significant money and slow down operations. Artificial intelligence systems make a huge difference when unstructured data such as social media, call center notes, images, or open-ended surveys are also required to reach a judgment.

Company 134

Company Telecommunications Data Retail 134

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

AUGUST 21, 2017

A 2017 survey by Kronos and Future Workplace , reveals that the restructuring of work has resulted in significant burnout. Nearly half, or 46% of the human resource leaders surveyed, reported that employee burnout accounts for 20-50% of their companies’ annual employee turnover.

Boston Consulting Group 133

Boston Consulting Group Study Conference Survey 133

BCG

MARCH 9, 2017

They recognize that digital technologies are increasingly critical to driving sales and efficient operations. BCG recently surveyed 300 digital suppliers and their corporate customers in Germany and the US on the subjects of digital transformations and their success factors. Companies “get it.”

Telecommunications 61

Telecommunications Agile Survey Efficiency 61

Harvard Business

MAY 15, 2018

We assessed these strategically important groups in a wide range of global organizations via network surveys, which were completed by more than 30,000 employees. All of these points of execution are essential for organizations, yet all encounter inefficiencies unless they’re managed as a network.

Agile 136

Agile How To Efficiency Groups 136

Harvard Business

MAY 4, 2016

As I described in my 2014 and 2015 reports, for two years running, BYOD existed in over half the 300 companies surveyed: 35% of organizations officially allowed it and 20% did not officially allow it but acknowledged its existence. But at the customer-facing edge of the organization, my surveys show that conditions are different.

Trends 70

Trends Survey Telecommunications Groups 70

Harvard Business

AUGUST 7, 2017

And a new survey by Cisco found that one-third of all completed IoT projects were not considered a success. IoT solutions tend to span information technology (IT), operational technology (OT), and core business functions. Street sweepers continued to operate as they always had, clogging the inflow holes with leaves and dirt.

ROI 71

ROI Operations Talent Accenture 71

Harvard Business

OCTOBER 17, 2017

As a large team cares for patients, clear and efficient pathways for communication and workflows are necessary to ensure the patient experience is as seamless and organized as possible. Children and families need to be able to access their care team promptly. They also need continuity so they can form meaningful therapeutic relationships.

Metrics 126

Metrics Efficiency System Development 126

Harvard Business

NOVEMBER 23, 2016

In 2011, when I came to Centura Health in Colorado as President of its largest operating group (Mountains and North Denver Operating Group or MNDOG) and CEO of its flagship health organization, Saint Anthony Hospital, I saw a clear mandate for change. The organization had a strong community tradition and over 4,500 talented employees.

How To 70

How To Healthcare Operations Leadership 70