Johanna Rothman

DECEMBER 6, 2023

If you read the article above or any of the other articles you can find online, you might notice Economies of Scale focus on production—specifically manufacturing production. That's not product development—and that's the first place we get stuck with Economies of Scale thinking. Ignorance of the flow metrics.

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Metrics How To Efficiency Resources 63

CaseInterview.com

APRIL 17, 2020

Second, I ask for specific metrics from their business. I’ll give you two examples from the medical field. Let me give you another example. My job when doing a patient assessment is to capture the initial data set, track those metrics over time, and figure out the story the data is telling me. Who are the competitors?

Metrics 82

Metrics Case Interview Data Interviews 82

Tom Spencer

OCTOBER 11, 2024

For example, Adidas has launched initiatives to produce shoes from ocean plastic waste , turning a pollutant into a valuable consumer product. 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

Business Consulting Agency

NOVEMBER 15, 2024

With its emphasis on creativity, entertainment, and authenticity, TikTok offers unique opportunities to showcase products and services in a way that resonates with users. For example, product demos, tutorials, or behind-the-scenes clips work well on TikTok. Ideal for product launches or major campaigns.

Advertising 52

Advertising Marketing Trends Video 52

Johanna Rothman

MARCH 18, 2024

I assume you have some sort of functional product development expertise. If not, why are you in technical product development? This post is about your deep domain expertise, first in product, then in agility. First, the product-based expertise. That's often product people, testers, and some UI/UX people.

Agile 81

Agile How To Metrics Productivity 81

Johanna Rothman

MARCH 14, 2024

In product development, line jobs contribute to the products themselves, which means they contribute to revenue. In Hiring Geeks That Fit , I categorized technical skills into these four areas: Functional skills, such as how you build or test the product. At what level do you understand the products you’ve worked on?

Agile 100

Agile How To Metrics Productivity 100

Business Consulting Agency

NOVEMBER 14, 2024

Instagram has become a powerhouse for beauty brands, offering a visually-driven platform to showcase products, connect with audiences, and drive sales. Marketing experts emphasize the importance of high-quality images and videos that highlight your beauty products effectively.

Advertising 52

Advertising Marketing Video Sales 52

Business Consulting Agency

OCTOBER 4, 2024

Increasing retail sales is a top priority for businesses in today’s competitive market, but achieving sustainable growth requires more than just great products and good customer service. For example, if data shows that a specific customer segment prefers online shopping over in-store, experts can help optimize your digital presence.

Retail 52

Retail Sales Industry Media 52

Tom Spencer

MAY 18, 2015

Tom: Do you think that short term financial metrics are part of the problem in developing long term strategy? Nokia is a very good example of a company [that was dominated by this kind of myopia]. HP is an example. 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

Business Consulting Agency

OCTOBER 9, 2024

Running a successful online store requires more than just setting up a website and listing products. E-commerce UX experts analyze your site’s design, navigation, and functionality to make sure that customers can easily browse products, find information, and complete purchases without friction.

Media 52

Media Sales Efficiency Engineering 52

1 to 1

JUNE 13, 2024

Talk to someone like Lynn Hunsaker and she’ll tell you there’s some 24 metrics to convey the value of the customer experience. The “Four Gold CX ROI Metrics” webinar was the final episode in the three-part series hosted by ECXO. She’s dissected and painstakingly diagrammed each one.

ROI 32

ROI Metrics Sales Benchmarking 32

Tom Spencer

NOVEMBER 15, 2024

For example, a wearable ECG monitor can detect irregular heart rhythms and alert both the patient and their healthcare provider, potentially preventing a serious cardiac event. As wearable technology continues to advance, we’re seeing the development of more sophisticated devices capable of monitoring a broader range of health metrics.

Healthcare 78

Healthcare Data Trends Efficiency 78

Business Consulting Agency

NOVEMBER 7, 2024

For example, a local consultant can advise on which products or services are most in demand in a particular region. For example, a product launch in the Midwest might benefit from local event sponsorships, while West Coast audiences may respond better to influencer partnerships or sustainability-focused campaigns.

Trends 52

Trends Financial Retail Marketing 52

Harvard Business

AUGUST 22, 2017

As a consequence, managers don’t have a clear sense of what is really driving sales in their business, while salespeople, who are inundated with dozens of metrics, get lost in the day-to-day noise. The challenge, of course, is to decide on the right metrics. Wins are the most common metric used across sales roles and industries.

Metrics 36

Metrics Sales Software Meeting 36

Johanna Rothman

JANUARY 31, 2024

The goal to release the product. When the team can focus on the product, as a cross-functional team, they can create some agility. See Flow Metrics and Why They Matter to Teams and Managers for more information. For example, see if they will timebox requirements gathering to a maximum of two weeks.

Agile 71

Agile Metrics Efficiency Culture 71

Johanna Rothman

MARCH 28, 2023

Many of these spied-upon people have installed mouse (and keyboard) simulator products. Yes, these products randomly move the mouse to pretend the person is “working.” But second, this is an example of management micromanagement. I'll start with measuring productivity. We can't measure a person's productivity.

Leadership 65

Leadership How To Metrics Efficiency 65

Tom Spencer

JUNE 21, 2024

I had always aspired to actively contribute to the creation of tangible solutions in the transportation sector; serendipitously, an opportunity arose with a transportation and logistics startup, where I took on a product management role working closely with its CEO.

Transportation 88

Transportation Engineering Resources Productivity 88

Harvard Business

DECEMBER 11, 2017

As one example , Headspace, a digital provider of meditation and mindfulness services, has grown to a value of $250 million in just seven short years. Intrigued by the possibility of a way out of the burnout cycle, a coworker (Colin) and I started meeting every other week to discuss productivity. The same is true for productivity.

Productivity 54

Productivity Metrics How To Meeting 54

Tom Spencer

AUGUST 3, 2019

Associate Product Manager (APM) positions are well known in Silicon Valley as rotational, mentorship-focused programs designed to accelerate the careers of young aspiring product managers. These alumni have gone on to become VCs, founders, and product leaders, in addition to starting APM programs at companies like Salesforce.

Productivity 60

Productivity How To Recruiting Recruitment 60

Johanna Rothman

MARCH 6, 2024

They are: Understand the various risks: project, product, and organization, and how to manage those risks with feedback loops. And product development has at least these risks: Project-based risks, so we can make effective tradeoffs. See How Product Risks Differ from Project Risks for a brief discussion of those two kinds of risks.)

Agile 81

Agile Culture Efficiency Metrics 81

Business Consulting Agency

MAY 24, 2024

These tools are crucial for: Improving Efficiency and Productivity AI can automate repetitive tasks, allowing employees to focus on more strategic activities. This leads to increased productivity and efficiency, reducing operational costs. Essential AI tools for modern businesses.

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Tools Small Business Efficiency Operations 52

Business Consulting Agency

OCTOBER 31, 2024

This localized approach ensures that marketing campaigns, product offerings, and customer interactions align with the preferences of specific audiences, leading to better engagement and results. This ensures that products reach customers quickly and cost-effectively.

Marketing 52

Marketing Management Trends Efficiency 52

Business Consulting Agency

OCTOBER 31, 2024

This localized approach ensures that marketing campaigns, product offerings, and customer interactions align with the preferences of specific audiences, leading to better engagement and results. This ensures that products reach customers quickly and cost-effectively.

Marketing 52

Marketing Management Trends Efficiency 52

Harvard Business

SEPTEMBER 23, 2016

While effective metrics are essential for focusing attention and achieving results, they can also overpower better sense. Most industries cower to a few central metrics, the yardsticks that define the winners and losers. Metrics tried and proven over years become a guide to what’s important, driving resource allocation.

Metrics 28

Metrics Retail Sales Automotive 28

Business Consulting Agency

OCTOBER 22, 2024

However, without localization strategies, even the most innovative products can struggle to gain traction. Localization goes beyond translation; it means adapting products, branding, and marketing strategies to align with the unique preferences, cultural norms, and legal requirements of American consumers.

Marketing 52

Marketing Company Guidelines Productivity 52

Tom Spencer

NOVEMBER 15, 2024

Use concrete metrics to demonstrate your contributions, such as cost savings, revenue growth, or operational improvements. For example, some of my peers at my MBB firm took on internal rotations as Chiefs of Staff for senior leadership, gaining unique insights into global consulting operations.

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Consulting Finance Nonprofit Transportation 60

Business Consulting Agency

SEPTEMBER 12, 2024

Whether it’s updating operations, expanding products, or switching to digital platforms, change is necessary for growth. For example, if you’re upgrading your inventory management system, a measurable goal could be reducing stockouts by 20% within six months. Additionally, gather feedback from employees and customers.

Small Business 52

Small Business Operations Efficiency Software 52

Business Consulting Agency

MAY 29, 2024

Example : A manufacturing company planning to implement a new enterprise resource planning (ERP) system faced significant challenges. Example : A financial services firm undergoing a major digital transformation encountered resistance from employees accustomed to traditional processes.

Change Management 52

Change Management Management Consulting Methodologies 52

Harvard Business

AUGUST 8, 2017

At the core of the confusion over a company like Tesla is that traditional business metrics are outdated and can create overconfidence or underestimation. Classic metrics like market penetration and market share, which many leaders are measured on, are the very things causing us to miss market opportunities and threats.

Metrics 28

Metrics Sports Data Marketing 28

Business Consulting Agency

JANUARY 30, 2024

This article explores how consulting services contribute to the success of startups, small businesses, and larger enterprises, supported by facts, statistics, and real-world examples. Real-world Example: A tech startup struggling with scalability engaged a business consultant to optimize its operations.

Consulting 83

Consulting Enterprise Small Business Agile 83

Harvard Business

OCTOBER 30, 2018

Products fueled by data and machine learning can be a powerful way to solve users’ needs. Classic examples include Google search and Amazon product recommendations, both of which improve as more users engage. Data products are a team sport. Develop the data-savvy of product and business groups.

Data 36

Data Productivity How To Development 36

Tom Spencer

MAY 26, 2023

For example, if a company is committed to reducing its environmental impact and has a goal of achieving net-zero emissions, partnering with a non-profit that focuses on environmental sustainability can be a win-win. A great example of a non-profit with a strong focus on measurable impact is Charity: Water.

Financial 88

Financial Metrics Examples Company 88

Harvard Business

OCTOBER 5, 2016

Fortunately, a simple question evokes greater self-awareness and actionable insights than the typical 360 degree review: How do you lead by example? For one, it non-judgmentally presumes people already lead by — and thus set — good examples; for another, it pushes leaders to think harder about how others interpret their behavior.

Examples 49

Examples Leadership Enterprise Development 49

Epicflow

AUGUST 30, 2024

Its main purpose is to produce better products more efficiently and at lower costs. With this purpose, MOM involves the analysis of each stage in the production process to make sure that they are maximum efficient, and their costs are minimized. Key Elements of Manufacturing Operations Management Production management.

Operations 81

Operations Management Efficiency Resources 81

LSA Global

JULY 8, 2024

For example, at a company with a new growth strategy , a key role could be the Chief Revenue Officer. A competency example for a Chief Revenue Officer expected to grow profitable revenue could be “Set Strategic Growth Priorities” and be defined by “the ability to set strategic growth priorities based on a logical analysis.”

Talent 41

Talent Metrics Culture Leadership 41

Harvard Business

NOVEMBER 5, 2018

One simple and often overlooked way for larger companies to experiment is to randomize the introduction of new products across a set of markets. To answer those questions, Duncan and his team conducted an experiment, launching Express Pool in six large markets and then comparing metrics in the launch cities with those in others.

Productivity 28

Productivity Metrics Sales Engineering 28

Business Consulting Agency

OCTOBER 25, 2024

This analysis helps uncover opportunities to address unmet needs and position products effectively. By analyzing metrics such as click-through rates, conversion rates, and customer acquisition costs, consultants can pinpoint which strategies are working and which need adjustment.

Marketing 52

Marketing Consulting Advertising ROI 52