Epicflow

JANUARY 30, 2025

A PMO, or Project Management Office, is a centralized organizational structure that standardizes project management practices, processes, and governance to ensure projects are executed efficiently and align with strategic business goals. What is a PMO? Automation and Integration Automated workflows for approvals, reminders, and task updates.

Tools 130

Tools Software Efficiency Resources 130

Steve Shu Consulting

JULY 25, 2014

I recently ran into a short video by the New South Wales government which does a great job of introducing the notion of behavioral insights and application in the governmental space. One the other hand, possibilities for competitive differentiation and new products seem limitless. Operating Model Development.

Video 230

Video Analysis Operations Development 230

Tom Spencer

SEPTEMBER 1, 2023

In the realm of business, the term “ governance ” conjures images of stale bureaucracy, mundane meetings, and rigid roles. However, such perceptions fail to capture the potential impact of governance to influence the actions, cognitions, and emotions of individuals.

Government 88

Government Culture Ethics Agile 88

Tom Spencer

MARCH 28, 2025

Digital currencies are revolutionizing the financial world, creating new opportunities and challenges for consumers, financial institutions, and governments. Although initially viewed with skepticism, blockchain is now being embraced for its potential to streamline operations, reduce costs, and enhance security.

Banking 88

Banking Financial System B2B 88

Tom Spencer

JUNE 24, 2022

Governments, businesses, and individuals are developing new use cases for blockchain as barriers to adoption continue to decrease. Immutability and security are vital to the operation of government and business due to the sensitive information these institutions gatekeep. In 2017, Protokol estimated that $1.2

Government 88

Government Insurance Insurance System 88

Harvard Business

JULY 13, 2017

The corporate landscape has become increasingly unequal, with the most productive firms thriving and the least productive ones failing to keep up. And second, we are able to link it to firms’ productivity and several measures of labor market policies. The Most Productive Firms Are Pulling Ahead, Across Industries.

Productivity 135

Productivity Study Policies Data 135

Tom Spencer

FEBRUARY 11, 2022

Learning how consulting firms operate can help you better understand what you would do as an analyst. Your business just launched a new product and needs to market it. Market trends have changed, and you want to make sure the product will reach the correct target customer. How do Consulting Firms Work?

Operations 88

Operations Consulting Boston Consulting Group Industry 88

Tom Spencer

AUGUST 4, 2023

In today’s rapidly evolving world, organizations across various sectors are recognizing the transformative potential of introducing innovation into their governance processes. In this article, we will explore some unexpected yet highly effective ways of utilizing technology to infuse innovation into the governance process.

Government 78

Government Efficiency Tools Meeting 78

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. High-profile clients MBB firms typically work with leading global companies, governments, and non-profit organizations. Three main reasons.

McKinsey 78

McKinsey Transportation Methodologies Bain 78

Harvard Business

MARCH 15, 2017

Over the past 20 years the economy has progressively moved away from the traditional model of centralized organizations, where large operators, often with a dominant position, were responsible for providing a service to a group of passive consumers. Recently, a new technology has emerged that could change this imbalance. Insight Center.

Operations 135

Operations Government System Software 135

Harvard Business

MAY 29, 2017

While relatively rare, there have been a few cases of the Russian government directly interfering in Western businesses’ affairs. and EU increased sanctions on Russia that same year, Russian authorities raided the Russian headquarters of Ikea , which has long struggled with interference from the Russian government. .”

Government 105

Government Healthcare Policies Operations 105

Harvard Business

DECEMBER 17, 2018

Questions like this involving issues like politics, human rights, or equality often present themselves sooner or later for any business operating in global markets. According to Reuters reporting , until a few years ago the bank operated in Sudan, a country whose government was under U.S. sanctions, like Iran.

Government 132

Government Financial Banking Operations 132

Epicflow

JUNE 10, 2024

In addition, their focus on effective resource allocation, stakeholder engagement, and change management contributes to enhanced operational efficiency, increased agility, and improved project outcomes. What is the difference between a Chief Project Officer (CPO) and Chief Operating Officer (COO)? What organizations require a CPO?

Resources 178

Resources Methodologies Efficiency Metrics 178

Harvard Business

JUNE 20, 2016

This is not surprising: Growing regulation, increased investor focus on governance issues, and scary new categories of corporate risk (e.g. And second, they need to ensure that – even with respect to strategy and operations – board scrutiny doesn’t result in an over-emphasis on conforming to benchmarks and industry norms.

Company 126

Company Benchmarking Balance Sheet Intellectual Property 126

Management Consulted

AUGUST 28, 2013

With 57 offices worldwide, Booz offers consulting services for top businesses, governments, and organizations. Besides their core competency – advising the federal government and its contractors – maybe this is why we could call them “America’s favorite.” Product and Service Innovation. Automotive.

Interviews 181

Interviews Culture Company Case Interview 181

Management Consulted

APRIL 2, 2017

Currently, Strategy& does major public (read: government) consulting work outside the U.S. However, due to its rich history in the region, the firm knows the market deeper, better, and has the best government and private sector relationships. in revenue (wow!). Presently, the firm has offices in Dubai and Istanbul.

Oliver Wyman 160

Oliver Wyman Consulting Deloitte Real Estate 160

Kraft Kennedy

OCTOBER 30, 2024

Why Law Firms Are Embracing Application Rationalization An underrated operational advantage, Application Rationalization addresses an inefficiency common across law firms. Today’s market requires new levels of cost reduction, efficiency, and productivity. Should Application Portfolio Analysis and Governance Planning be a priority?

Software 52

Software Tools Comparison Operations 52

Steve Shu Consulting

AUGUST 20, 2018

These often breakdown the workstreams, key activities, deliverables, project roles, and governance structure. This can help the consultant come up to speed about industry-specific terminology, product offerings, competitors, new entrants, regulatory issues, geographical considerations, etc.

Consulting 150

Consulting Management Case Interview Interviews 150

Harvard Business

OCTOBER 23, 2018

Jetta Productions/Getty Images. has lost what Harvard Business School’s Willy Shih calls the “ industrial commons ”: indispensable production skills and capabilities. has lost what Harvard Business School’s Willy Shih calls the “ industrial commons ”: indispensable production skills and capabilities.

Engineering 128

Engineering Government Automotive Research 128

Harvard Business

APRIL 19, 2016

At its most basic, productivity is the amount of value produced divided by the amount of cost (or time) required to do so. It’s tempting to conclude that, if individuals are able to perform their work much better and faster, overall productivity must be soaring. sales-related, product-related, program-related, etc.).

Productivity 70

Productivity Enterprise Data Company 70

Harvard Business

MARCH 8, 2017

Like the internet, this technology is designed to be decentralized, with “layers,” where each layer is defined by an interoperable open protocol on top of which companies, as well as individuals, can build products and services. a system in which the money supply is fixed to a commodity and not determined by government).

Media 195

Media Banking Financial System 195

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 119

Apparel Development Operations Accenture 119

Harvard Business

FEBRUARY 16, 2017

Cleaning up data downstream is expensive and not scalable, because data is a byproduct of business processes and operations like marketing, sales, plant operations, and so on. The chief data and analytics officer (CDAO) of a consumer product company is struggling to manage end-user consent data. Here’s an example.

Data 103

Data Company Operations Enterprise 103

Harvard Business

NOVEMBER 6, 2018

One type of data scientist creates output for humans to consume, in the form of product and strategy recommendations. Data science for humans: the consumers of the output are decision makers like executives, product managers, designers, or clinicians. They are decision scientists. They are modeling scientists. What are some examples?

Data 132

Data Engineering Software Metrics 132

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

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, 2018

And yet corporations and governments spend billions of dollars annually pursuing innovation. 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. Walker and Walker/Getty Images.

System 132

System Development Resources Case Study 132

Consulting Matters

JULY 7, 2022

Today, I'm chatting with one of my favorite executives of all time, Jim MacPhee, recently retired Chief Operating Officer and self-proclaimed Experience Steward for Walt Disney World Parks and Resorts. In January 2018, Jim was promoted to the role of Chief Operating Officer/Senior Vice President, Walt Disney World® Resort.

Operations 156

Operations Leadership Consulting Transportation 156

Harvard Business

MARCH 27, 2018

Apple and Google, for example, each control a popular mobile phone operating system platform (and key apps on that platform), Amazon controls the largest online merchant platform, and Facebook controls the largest social network platform. Most of Google’s and Facebook’s consumer products are ostensibly “free.”

Data 132

Data Company Advertising Engineering 132

Epicflow

SEPTEMBER 6, 2023

Resource management has strategic, tactical, and operational aspects. The operational aspect is the main one to address here: What project or activity ‘gets’ resources, and which ones do not? This has to be done in such a way that the productivity of the resources is optimal. Less productivity automatically means higher costs.

Resources 130

Resources Management Enterprise Operations 130

Harvard Business

MAY 16, 2016

For example, as it grew, Facebook found that its early “move fast and break things” culture had to be funneled into focused technical teams and product groups to make its product development process faster and less erratic, and for it to have a chance of meeting the demands of its new public shareholders following its IPO.

Banking 132

Banking Film Strategy Strategy& 132

Harvard Business

JANUARY 4, 2017

Witnessing both failure and success in government, I saw three common elements required to realize positive organizational change. My first challenge was that I was a political appointee, an interloper coming into a sea of dedicated career government workers. Establish Credibility — with Humility. Enable People with Technology.

Government 129

Government Tools Culture Groups 129

Harvard Business

JULY 8, 2016

Executives are usually taught that data is an objective and critical input for strategic planning and operations. Applying this, however, is much easier said than done — especially among companies operating in emerging markets. To understand a product’s sales potential, executives want industry-specific indicators.

Data 121

Data Marketing Sales Government 121

Harvard Business

AUGUST 17, 2018

Senator Elizabeth Warren has proposed a novel way to reform corporate governance. For the past 40 years, corporate governance in Germany has been based on the idea of codeterminance , in which workers have a say in company decision making. CSA Images/Getty Images. Here the example of Germany is illustrative. ” By contrast, U.S.

Government 110

Government Culture Examples Enterprise 110

Harvard Business

AUGUST 24, 2018

government in pushing back against these foreign intelligence operations remains at best uncertain, though we can assume that classification and secrecy hide some actions from the public. ” Far more frequently, the government isn’t rushing to the rescue. The role of the U.S.

Company 110

Company Operations Government System 110

Harvard Business

APRIL 9, 2018

Top 10 Operational Impacts of the GDPR (IAPP). Internet companies have had over a decade to integrate basic data collection and use safeguards into their operations, including limiting the data they collect and adopting international information security standards. And governments are hardly the experts on data security.

Data 132

Data Advertising Government Software 132

Harvard Business

JULY 5, 2017

According to a 2009 report issued by the United States Government Accountability Office, a significant portion of independent contracting doesn’t pass the smell test and in fact represents misclassification of workers. However, the guidance received an unanticipated level of attention from companies operating in the digital world.

Case Interview 135

Case Interview Government Insurance Insurance 135