Tom Spencer

OCTOBER 25, 2024

This article delves into the rising importance of ESG metrics, how companies are integrating them into their operations, provides leading examples, and highlights the evolving regulatory landscape. This commitment extends across its entire production process, from sourcing raw materials to the final product assembly.

Metrics 78

Metrics Ethics Government Financial 78

Harvard Business

SEPTEMBER 6, 2024

Current climate reporting focuses primarily on reducing carbon emissions within companies’ direct operations and value chains, often overlooking the broader impact businesses can have on society.

Company 245

Company Guidelines Report Policies 245

Tom Spencer

NOVEMBER 15, 2024

With thousands of management consultants applying to top MBA programs each year, consulting is one of the most overrepresented candidate pools, alongside finance. Use concrete metrics to demonstrate your contributions, such as cost savings, revenue growth, or operational improvements.

Consulting 60

Consulting Finance Nonprofit Transportation 60

Steve Shu Consulting

JULY 25, 2014

One the other hand, possibilities for competitive differentiation and new products seem limitless. For other organizations in general, I think it’s important to try and assess what the opportunity is, determine a strategy for moving forward, audit where you are and identify the gaps, and then design and execute on an operating model.

Video 230

Video Analysis Operations Development 230

Management Consulted

AUGUST 1, 2013

They seized this opportunity to establish a firm that would help firms gain clarity about their business models, products, and clients and then advise them by creating long term strategies. The firm offers consulting services including strategy, operations, risk management, organizational transformation, and leadership development.

Oliver Wyman 201

Oliver Wyman Interviews Mercer NERA Economic Consulting 201

Tom Spencer

NOVEMBER 8, 2024

My career path has taken me through consulting, joining a startup and becoming an operator, and then returning to consulting at an MBB firm. Organized and Structured Consulting Approach The work environment at MBB firms is fast-paced and demanding, with high expectations for performance and productivity. Three main reasons.

McKinsey 78

McKinsey Transportation Methodologies Bain 78

Tom Spencer

MARCH 28, 2025

Although initially viewed with skepticism, blockchain is now being embraced for its potential to streamline operations, reduce costs, and enhance security. In October 2020, HSBC launched theContour platform, which uses blockchain to digitize trade finance and reduce friction in international trade transactions.

Banking 88

Banking Financial System B2B 88

Management Consulted

OCTOBER 12, 2014

An Introduction to Operations Management. You will learn how to improve productivity, how to provide more choice to customers, how to reduce response times, and how to improve quality. You will learn how to improve productivity, how to provide more choice to customers, how to reduce response times, and how to improve quality.

Course 184

Course Development Consulting Finance 184

Harvard Business

MARCH 31, 2017

If you’re not a numbers person, finance is daunting. After all, if you’re trying to sell a product or strategy, you need to be able to demonstrate that it is both practical and high margin. Stop avoiding finance because you’re afraid of numbers. “Finance and accounting are very simple. .”

Finance 70

Finance Balance Sheet How To Metrics 70

LSA Global

APRIL 21, 2025

Yet too often, organizations f ocus too narrowly on product training and neglect the foundational skills for new sales hires to be set up for success. To create a sales force that can consistently drive revenue growth and deepen customer loyalty, companies must intentionally cultivate a robust consultative selling skillset from day one.

Sales 62

Sales Balance Sheet B2B Training 62

Tom Spencer

NOVEMBER 8, 2024

In a previous article, we explored why a startup experience is a must for every young professional ( Startup Experience: A Must for Every Young Professional ), especially if your university in undergrad placed a spotlight on finance and consulting. Evaluate the technology behind the product to confirm its viability and scalability.

Transportation 78

Transportation Financial Productivity McKinsey 78

Tom Spencer

JUNE 9, 2023

In the digital age, businesses are constantly seeking innovative ways to gain a competitive edge and streamline their operations. From enhancing customer experiences to optimizing decision-making processes, AI is reshaping the way businesses operate and opening up new possibilities for growth.

Data 147

Data Operations Efficiency System 147

Tom Spencer

FEBRUARY 1, 2020

Some people also call consulting a ‘talk-job’ – you go to the clients, you talk about what the ideal world scenario would be for a particular project, product or market, and your billable hours are sorted. Operations Consultants: Operations consultants are consultants who help clients improve the performance of their operations.

Consulting 135

Consulting Operations Financial Real Estate 135

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

Harvard Business

JUNE 22, 2016

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. Operations in a Connected World. the supplier gets $9,959 of the $10,000). Insight Center. Sponsored by Accenture.

Transportation 130

Transportation Finance Financial Banking 130

Harvard Business

APRIL 14, 2017

For example, our survey, which asked managers of 13 functions, from sales and marketing to procurement and finance, to indicate whether their departments were using AI in 63 core areas, found AI was used most frequently in detecting and fending off computer security intrusions in the IT department. bribes and kickbacks).

Company 176

Company Survey Finance Engineering 176

Steve Shu Consulting

OCTOBER 8, 2017

Management consulting projects can span diverse areas from operational to finance to marketing to strategy to IT management, etc. Roles in these newer consulting firms are positions analogous to product manager, UX design, digital marketing, data scientist, etc. plus traditional consulting roles.

Management 150

Management Consulting Methodologies McKinsey 150

Harvard Business

AUGUST 8, 2018

Agricultural cooperatives Land O’Lakes and Ocean Spray have become major players in dairy production and fruit farming, earning hundreds of millions in annual revenue. That’s because a growing number of funders, both social impact funds and traditional institutions, are interested in financing workers’ takeover of a company.

Company 132

Company Enterprise Finance Operations 132

Harvard Business

FEBRUARY 8, 2018

The complex calculations of the field known as Operations Research were enabled by mainframe computing. BPM reflected the interactions of different stakeholders, from product creation through supply chain to final assembly. How it effects product design and customer experience. How organizations are changing.

Change Management 136

Change Management Management Software Productivity 136

Harvard Business

MAY 26, 2016

Workers specialize in simple, highly routinized operations. They are incentivized to complete operations as quickly as possible. In addition to improved product quality and delivery times, the lean approach has been linked to improved terms of employment. Operations in a Connected World. Insight Center.

Apparel 120

Apparel Development Operations Accenture 120

Harvard Business

NOVEMBER 15, 2017

That’s why Alibaba and Amazon, for example, create and sprinkle autonomous cross-functional teams across their respective companies to invent and deliver products in new ways. These teams regularly come up with innovations that enable these online retailers to roll out more new products and services faster than their competitors.

Retail 130

Retail Operations Productivity Industry 130

Management Consulted

OCTOBER 3, 2012

For instance, we examined predatory pricing in the airline industry and illegal product tying by Apple, Microsoft, and AT&T. What I found particularly fascinating was the number of variables that needed to be taken into account while making strategic decisions on governance, production or any other function.

Consulting 204

Consulting Case Interview Interviews Engineering 204

Harvard Business

MARCH 15, 2018

Nonetheless, statistics show that women-owned businesses, which account for one-third of Swedish businesses, are not granted the corresponding proportion of government venture financing; in fact, women-owned businesses receive only 7%. Operating margin: earnings per sales, which indicates the entrepreneur’s ability to earn revenue.

Data 132

Data Real Estate Finance Financial 132

Harvard Business

OCTOBER 13, 2017

But if you want to understand how a specific product contributes to the company’s profit, you need to look at contribution margin. For example, if the price of your product is $20 and the unit variable cost is $4, then the unit contribution margin is $16. ” What Is Contribution Margin? How do you calculate it?

How To 136

How To Boston Consulting Group Sales Productivity 136

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. Finance: Predicting market trends with near-flawless accuracy. Manufacturing: Optimizing production processes far beyond human capability.

Trends 52

Trends eBook Training Training 52

Harvard Business

AUGUST 27, 2018

They operate as lean organizations, using cloud and internet-based infrastructure, and launch and distribute products more quickly than did firms that competed with factories, warehouses, inventories, and suppliers. Furthermore, as production shifts to Asia and more and more U.S. retains its leadership in technological progress.

Company 129

Company Trends Finance Knowledge Base 129

Epicflow

JULY 20, 2022

Sometimes, it’s rather difficult to predict whether a company will be capable of delivering a certain product or service, whether it’s reasonable to invest in this project, and how it will affect the current workflow. Will the delivered product/services be in demand on the market? Operational feasibility . Market feasibility.

Study 148

Study Management Resources Analysis 148

Harvard Business

AUGUST 8, 2018

If all went well, AI-powered robots would enable the company to achieve a weekly production of 5,000 Model 3 electric cars to keep up with burgeoning demand. According to CEO Elon Musk, the sophisticated robots actually slowed down production instead of speeding it up. Adding Humans to the Mix. Insight Center. Adopting AI.

Engineering 130

Engineering Training Training Analysis 130

Harvard Business

AUGUST 3, 2018

Most innovation investments, such as product improvement, technological innovation, and research and development (R&D) traditionally aim at strengthening the innovation capacity of the organization. Yet Nokia hung on to the Symbian operating system despite knowing its weaknesses in the eyes of the consumer.

System 132

System Development Resources Case Study 132

Harvard Business

MAY 11, 2017

That’s because most companies view their competition as another brand, product, or service. Sure, someone in your company needs to understand the marketplace: who your competition is, what other products are on the market, and how they are doing, at a basic level. Most companies think they sell a product. Here’s how.

Real Estate 136

Real Estate Video Productivity Analysis 136

Harvard Business

OCTOBER 10, 2017

When Bernstein hid a set of production lines from managers’ view, the performance of employees on those lines increased by 10% to 15%. In Precision’s case, good tactical performance required developing rules, checklists, and standard operating procedures and then following them closely. Every high performer needs both.

Metrics 136

Metrics Engineering Operations Sales 136

Harvard Business

MAY 29, 2017

Interestingly, all these intrusions into business operations typically do not come from the Kremlin but from local officials who seem eager to gain the Kremlin’s favor amid instances of elevated international tensions. This environment is altering how multinational firms operate in the country and market their products.

Government 107

Government Healthcare Policies Operations 107

Markovitz Consulting

OCTOBER 29, 2019

Under Culp’s leadership, EPS is viewed not as the end goal of the business, but rather the result of well-managed operations. According to the WSJ article, Culp is often away from GE’s headquarters, visiting manufacturing plants to see how employees work and how the operations are running.

Operations 100

Operations Journal Metrics Finance 100

Harvard Business

FEBRUARY 23, 2018

Female managers are concentrated in fields that emphasize people-centered caring skills, while men are concentrated in fields dealing with production-centered skills. Other managerial occupations that became majority-female were education administration, human resources, property and real estate, and finance. Third, the bad news.

Data 130

Data Management Real Estate Transportation 130

Epicflow

APRIL 11, 2023

Resource management software shouldn’t be confused with enterprise resource planning systems; these solutions aim to integrate and automate fundamental business processes – project and resource management, risk management, finance, supply chain, procurement, CRM, and more. The latter can also point out issues in the workflow if there are any.

Resources 130

Resources Management Software Efficiency 130

Harvard Business

JANUARY 2, 2017

Three ways to manage the digital transition are: Define where change is needed most: Digital technology affects every company differently, but it tends to create or destroy value in four critical areas of the organization: customer engagement, digital products and services, operational performance, and preparing for disruptive new business models.

Agile 136

Agile Data Development Industry 136

Harvard Business

JUNE 6, 2018

I just took my company through an acquisition and found that even the smallest operational change can have a significant negative impact on both employees and customers. Maintaining quality customer experience, we found, requires a mix of expert individuals and operational processes. Insight Center. Competing in the Future.

Operations 119

Operations Culture Deloitte Accenture 119