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Effective Manufacturing Operations Management in 2024

Epicflow

This element of MOM involves gathering and analyzing data on key performance indicators, e.g., production output, quality metrics, and equipment efficiency. Reporting and performance analysis. These insights are used to spot inefficiencies, areas for improvement, and make informed decisions. Train Employees.

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Healthcare.gov Success Metrics - Net Promoter Score

Consultant Ninja

I''d just ask 4 questions: 1) Did you have health insurance prior to getting insurance via healthcare.gov? Yes/No] 2) If so, how are your health insurance premiums compared to your prior plans? I''d like to run a separate survey targeting just people who have signed up.

Metrics 100
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We Can’t Study Short-Termism Without the Right Metrics

Harvard Business

First, several companies with pension plans understate their pension expense and pension liability because they assume that actuarial estimates of pension liability are smaller than what an outside party, such as an insurance company, would assign to take over that liability, and that financial assets in their pension plans will earn greater future (..)

Metrics 100
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Call Length Is the Worst Way to Measure Customer Service

Harvard Business

Practitioners and pundits alike have long debated which metric is best for assessing the performance of a service organization. It’s not surprising that the metric figures prominently on a service rep’s scorecard. Why is average handle time such a bad metric for service?

Metrics 124
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Should a CEO’s Bonus Be Based on Financial Performance Alone?

Harvard Business

According to its annual report, those include financial metrics such as “attributable profit; underlying EBIT (earnings before interest and taxation); and total shareholder return (share price and dividends which are assumed to be reinvested).”

Financial 120
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What’s Driving Superstar Companies, Industries, and Cities

Harvard Business

To analyze the superstar dynamics of firms, our metric was economic profit, a measure of a firm’s profit above and beyond opportunity cost. (To The top 10% of the firms we analyzed — the superstars by our metric — create 80% of all the economic value, meaning they account for 80% of economic profits.

Industry 132
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How a U.S. Health Care System Uses 15-Minute Huddles to Keep 23 Hospitals Aligned

Harvard Business

A core challenge of management is to ensure that the organization’s priorities, strategies, and metrics are consistently embraced and that any impediments are identified and addressed quickly. Metrics that are reported daily, such as “units at capacity.” Accountability is vital to the efficiency of the process.

System 130