Harvard Business

MARCH 21, 2018

Needed repairs and upgrades were delayed, worker training postponed, and risk assessments overlooked. I thought immediately of BP and the other industrial giants whose “accelerating cost reductions” had disastrous consequences. Improved operational performance will result in fewer injuries. At Cummins, Inc.,

Operations 188

Operations Chemicals System Metrics 188

Harvard Business

APRIL 15, 2024

From the takeoff and landing of a space shuttle to managing uncontrollable bleeding in the operating room, there are vital lessons to be learned from these industries and adapted into others. Then, prepare for such emergencies through training and practice.

Industry 240

Industry Operations Training Training 240

Clarity Consultants

FEBRUARY 9, 2025

Companies rely on Learning & Development (L&D) programs – especially eLearning – to stay competitive as industries change. L&D programs help organizations keep up with industry trends, adopt new technologies, and respond to changing market demands. Start by clearly defining your business goals.

Metrics 147

Metrics ROI Training Training 147

Epicflow

OCTOBER 4, 2024

If so, it’s hardly surprising—a great number of projects are exposed to industry challenges or unfavorable external events. Typical Risks in Manufacturing Projects Manufacturing projects can be significantly affected by risks faced by the industry in general. For example, the manufacturing industry in the U.S.

Management 147

Management Resources Software Productivity 147

Harvard Business

OCTOBER 16, 2023

Leaders can use an approach called balanced benchmarking, borrowed from operations management, to conduct a needs assessment and apply training where it can be most effective. The author explains how this approach was applied at a firm in the legal services industry and offers five strategies for implementation.

ROI 240

ROI Development Benchmarking Operations 240

Harvard Business

DECEMBER 8, 2023

GE is well known as an “academy company” — a talent incubator that exports effective leaders to other organizations and even industries.

Company 252

Company Talent Survey Interviews 252

Harvard Business

NOVEMBER 17, 2023

As more businesses in the hospitality industry consider robots as a solution to a thinned frontline service workforce, owners and operators must recognize that their investment in a service robot extends beyond the hardware and software.

Software 243

Software Operations Training Training 243

Effective Managers

JUNE 24, 2024

Examining Practical Applications of Artificial Intelligence (AI) in Improving Business Processes Leveraging AI into business operations has become a transformative force across various industries. AI in Streamlining Operations AI technology has made significant strides in optimizing operational efficiency.

Ethics 243

Ethics Efficiency Operations ROI 243

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. I wanted to dive deep into the transportation industry and build my expertise and network there. This includes formal training sessions, mentorship programs, and continuous on-the-job learning.

McKinsey 78

McKinsey Methodologies Transportation Bain 78

Successful Independent Consulting

OCTOBER 27, 2023

Factors that Impact Your Base Rate The 2x-3x estimate will give you a rough idea, but tweak your numbers up or down based on the following factors: Pedigree: Did you learn your craft at a consulting firm with formal training, such as Deloitte or Bain & Company?

Consulting 393

Consulting Intellectual Property Deloitte Benchmarking 393

Clarity Consultants

OCTOBER 19, 2023

Rapid change and the need for employees who can adapt to uncertainty with flexibility and proactiveness will continue to drive corporate training budgets. L&D leaders have been instrumental in helping employers and employees pivot to pandemic protocols and navigate both remote and hybrid operations and corporate culture.

Agile 147

Agile Trends Training Training 147

Epicflow

DECEMBER 14, 2023

At present, the construction industry is undergoing a substantial transformation. Read further to learn what construction trends are going to shape the industry in 2024, and how it’s expected to address current challenges and ensure sustainable growth. Other Construction Management Trends and Challenges in 2024 1.

Construction 144

Construction Trends Industry Energy 144

Management Consulted

JULY 2, 2013

First, a 101 on strategy consulting for you newbies to the site – having an insider view into the strategy and operations of a company requires that you quickly become an expert on day-to-day activities in light of the overall company vision. In financial advisory consulting, consultants go very deep in one industry.

Financial 252

Financial Consulting Strategy Strategy 252

Clarity Consultants

SEPTEMBER 18, 2017

Many companies are already operating with lean staff, due to high attrition rates and not replacing staff, not to mention downsizing as a result of a difficult economy. In this kind of environment, focusing on worker retention and cross training to make existing workers more efficient makes a lot of sense. McKinsey & Company.

Training 165

Training Training Examples Boston Consulting Group 165

Tom Spencer

MARCH 28, 2025

And its transforming how businesses operate. These models are trained on massive datasets comprising books, articles, websites, and other textual sources. They even appear to demonstrate understanding and reasoning skills, which emerges from the interaction of complex probability distributions learned from their training data.

Productivity 88

Productivity McKinsey Data Training 88

Harvard Business

AUGUST 3, 2017

When it comes to creating a more data-and-analytics-driven workforce, many companies make the mistake of conflating analytics training with data adoption. While training is indeed critical, having an adoption plan in place is even more essential. Build certification into your training. Consider training a starting point.

Training 129

Training Training Data Agile 129

Harvard Business

NOVEMBER 24, 2017

How many times have you had to watch your company’s latest cybersecurity training video? An entire industry now exists to train us humans to be smarter in how we operate computers, and yet the number of cybersecurity incidents continues to rise. Are we impossible to train? It won’t suffice.

Training 119

Training Training Enterprise Data 119

Epicflow

JANUARY 12, 2024

Check out our selection of events for project/resource managers, business leaders, and industry professionals, which will provide you with valuable insights into recent trends and challenges, networking opportunities, and contribute to your professional development.

Industry 130

Industry Automotive Pharmaceuticals Management 130

Harvard Business

FEBRUARY 14, 2017

The United States has thousands of workforce development and training programs, run by the public, social, and private sectors. Yet workplace training is more necessary than ever, as technology and globalization continue to change the types of jobs that are available. Some are excellent; others, not so much.

Metrics 131

Metrics Training Training Data 131

Successful Independent Consulting

SEPTEMBER 16, 2017

Although rate information is a closely guarded secret, based on my 20 years in the industry here are very rough ballpark numbers for “management consulting” (not IT consulting, project management, training development, etc.). Factor in the client’s size and industry. Figure out your market rate.

Consulting 236

Consulting Real Estate Policies Operations 236

Harvard Business

JUNE 7, 2017

This kind of learning does not occur in a training room; it occurs on the job, in the day-to-day work environment. In a world of exponential change, existing knowledge depreciates at an accelerating rate. The most powerful learning in this kind of world involves creating new knowledge.

Operations 134

Operations Efficiency Productivity Examples 134

Epicflow

NOVEMBER 8, 2024

However, three major players in the shipbuilding industry — Hyundai Heavy Industries, Mitsubishi Heavy Industries, and Samsung Heavy Industries — are expecting stable growth over the next couple of years, according to Sea News. Due to poor project performance, $99 million is wasted for every $1 billion invested.

Management 222

Management Cash Flow Industry Real Estate 222

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. Social Metrics: These focus on a company’s relationship with employees, customers, suppliers, and the broader community.

Metrics 78

Metrics Ethics Government Financial 78

Clarity Consultants

APRIL 27, 2024

Over three decades of leadership at a premier Learning & Development (L&D) consulting firm have not only provided me with a wealth of experience but also a clear understanding of the transformative power that targeted, expert-driven training holds, especially for Fortune 500 companies.

Development 147

Development Training Training Trends 147

Epicflow

JANUARY 30, 2025

Support and training providing tools, templates, and training to project teams to enhance their productivity and adherence to standards. Seamless data flow between platforms ensures operational efficiency. Examine compliance with legal and regulatory requirements relevant to your industry.

Tools 130

Tools Software Efficiency Resources 130

Tom Spencer

JULY 28, 2023

Artificial intelligence has emerged as a powerful tool in transforming various industries, including renewable energy. Consulting firms play a crucial role in guiding businesses through the integration of AI-powered renewables into their operations.

Operations 78

Operations Energy Data System 78

Management Consulted

OCTOBER 18, 2013

It should be no surprise since they have been the birthplace of many technological advances, were one of the founders of the entire personal computer industrial revolution, and now are leaders in new software platforms, hardware infrastructure and workplace equality. Operations and Supply Chain. IGS has 5 divisions/branches.

IBM GBS 203

IBM GBS Interviews Consulting Case Interview 203

Tom Spencer

NOVEMBER 15, 2024

Technology has revolutionized nearly every industry, and healthcare is no exception. Big Data Analytics The healthcare industry generates an enormous amount of data, from wearable devices, patient records, and clinical trial results. Similarly, wearable blood pressure monitors offer a convenient way to track and manage hypertension.

Healthcare 78

Healthcare Data Trends Efficiency 78

Successful Independent Consulting

APRIL 2, 2018

Was it at a big firm with formal training (for example Deloitte, Bain & Company) or did you learn on the job as an internal resource with a company? If the latter, was it a company that provided access to training like General Electric, or a small to midsize firm? Client’s industry — Who is your target market?

Consulting 199

Consulting How To Marketing Deloitte 199

Clarity Consultants

SEPTEMBER 3, 2024

A skilled employee workforce improves operational efficiency, enhances customer satisfaction, and boosts revenue growth. Furthermore, upskilling employees can help close the skills gap that multiple industries face today. The ability to adapt hinges on the skills and knowledge of your workforce.

Training 147

Training Training ROI Tools 147

Chad Barr

JANUARY 8, 2025

Sam Altman, CEO of OpenAI and a driving force behind the AI tools reshaping industries, recently made a bold statement: “We are now confident we know how to build AGI (Artificial General Intelligence).” The potential applications span industries: Healthcare: Accelerating drug discovery and tailoring patient care with precision.

Trends 52

Trends eBook Training Training 52

Harvard Business

MAY 19, 2017

Consulting is pervasive in many industries. To evaluate the impact of hiring consultants and to figure out when they might offer the most value, I turned to the wine industry , where over two-thirds of wineries hire consultants to improve the quality of their wines. The wine industry is no exception.

Industry 121

Industry Consulting Resources Study 121

Management Consulted

JULY 22, 2013

From the variety of work and access to C-level executives to the wide array of exit opportunities, strategy operations consulting far surpassed financial advisory consulting as our recommended career to pursue. Find it here: 5 reasons to choose strategy operations over financial advisory consulting. Missed part one? Well…sure.

Financial 194

Financial Consulting Strategy Strategy 194

Management Consulted

APRIL 2, 2017

Bain’s major industries of importance in the Middle East include Airlines & Transportation, Media, Mining, Oil & Gas, Retail, Private Equity, Social & Public Sector, Technology, Telecommunications, Utilities and Alternative energy (the oil will run out one day!). in revenue (wow!). Bain & Company. for example.

Oliver Wyman 160

Oliver Wyman Consulting Deloitte Real Estate 160

Effective Managers

MAY 10, 2024

Achieving recognition as a practitioner through ICMCI Checklist training goes beyond earning a mere certificate of completion; it signifies a consultant’s dedication to excellence, adherence to global standards, and commitment to best practices. To learn more about ICMCI’s ISO 20700 Checklist Training, click here.

Consulting 130

Consulting Management Benchmarking Training 130

Effective Managers

JUNE 24, 2024

Examining Practical Applications of Artificial Intelligence (AI) in Improving Business Processes Leveraging AI into business operations has become a transformative force across various industries. AI in Streamlining Operations AI technology has made significant strides in optimizing operational efficiency.

Ethics 130

Ethics Efficiency Operations ROI 130

Epicflow

APRIL 6, 2022

According to the Aerospace Industries Association’s Vision for 2050 , some of the key technology and innovation trends transforming the aerospace and defense industry will be: – the rise of automation and artificial intelligence, – wide application of augmented and virtual reality, – the rise of Industry 4.0 (e.g.,

Trends 130

Trends Industry Engineering Training 130