Epicflow

JANUARY 30, 2025

An effective Project Management Office (PMO) in an organization is a must nowadays. It helps standardize project management practices, ensure alignment with organizational strategy, and provide oversight to deliver projects successfully. Enhanced risk management through predictive insights. What is a PMO? What are PMO tools?

Tools 130

Tools Software Efficiency Resources 130

Epicflow

OCTOBER 9, 2024

‣ Stephen Devaux (USA), is a project management theorist, consultant, author, and educator with 36 years of experience. Ask any project manager how big her project is and you will hear something like: “Well, it’s a ten-month project with a budget of eight million euros.” Business people always fear big losses on projects.

Resources 130

Resources Metrics Data Cash Flow 130

Epicflow

JUNE 17, 2022

Product portfolio management can make this happen. The Essence of Product Portfolio Management and Its Main Functions. Product portfolio management helps find the most appropriate strategy to gain the desired business objectives as well as evaluate the success of each product or service and make corresponding improvements if necessary.

Productivity 245

Productivity Management Resources Software 245

Harvard Business

AUGUST 22, 2017

“What gets measured gets managed” is a longstanding business aphorism. But today’s sales technologies enable companies to measure almost anything, which leads many managers to try to measure everything. The result is poor management of what matters. The challenge, of course, is to decide on the right metrics.

Metrics 124

Metrics Sales Software Meeting 124

Harvard Business

FEBRUARY 14, 2017

These metrics are useful but miss the big picture, in part because they mistake a program’s cost for its value. We developed a new metric — cost per employed day (CPED) over the first six months — that we believe better defines how well employment programs work. Many measure cost per student. Think about it.

Metrics 132

Metrics Training Training Data 132

Harvard Business

AUGUST 29, 2016

When you’re managing managers, your responsibilities are two-fold: you need to make sure they’re producing good work (as with any employee) and that they’re effectively supporting their teams. Here’s how you can fill in the gap and help your direct reports be great managers. What the Experts Say.

Management 132

Management How To Report Training 132

Strategic Planning and Management Insights

MARCH 6, 2023

For instance, in Marketing, data is being used to calculate ROI on marketing campaigns, or come up with new pricing strategies based on A/B testing of campaigns which helps marketing and managers bring in more revenue, and stay ahead of the competition. Does your organization have a data management strategy but struggle to implement it?

Report 96

Report Data Strategy Strategy& 96

Tom Spencer

OCTOBER 13, 2023

In this article, we will explore the importance of profitability ratios and valuation metrics that are crucial when analyzing banks. There are seven key profitability ratios and two valuation metrics that it is important to understand. It is not a useful metric for comparing different business lines.

Metrics 88

Metrics Banking Balance Sheet Efficiency 88

Clarity Consultants

DECEMBER 23, 2021

Identify key metrics to measure success and have a plan to ensure broad buy-in. By exploring every reported difficulty, you can make adjustments if necessary, ensuring you can address any bumps in the road and pave a path toward success. Identify new skills they’ll have to acquire and decide how they’ll learn those capabilities.

Metrics 306

Metrics Operations Leadership Efficiency 306

Epicflow

JUNE 28, 2023

Project management is no exception – data is becoming increasingly important for analyzing project and resource performance, making effective decisions, and driving projects toward their successful completion. How exactly is data used in project management? What is data-driven project management?

Data 130

Data Management Resources Software 130

Harvard Business

MARCH 21, 2018

During my years at OSHA, where I served as the Assistant Secretary of Labor from 2009 through the beginning of 2017, I received several reports of safety system failures at DuPont facilities. The reality is that virtually all workplace injuries are preventable, and safety management and operational excellence are intimately linked.

Operations 189

Operations Chemicals System Metrics 189

Epicflow

JANUARY 30, 2024

As we’ve stepped into 2024, it’s high time to learn what trends in project management are expected to shape the domain in the near future. In the era of constant transformation, project managers and business leaders should stay informed of the tendencies that will impact the way they work on projects. How does this help?

Trends 130

Trends Management Emotional Intelligence Software 130

Harvard Business

SEPTEMBER 23, 2016

Many business leaders are fond of the spurious Peter Drucker quote that “you can’t manage what you can’t measure.” While effective metrics are essential for focusing attention and achieving results, they can also overpower better sense. But these metrics can become tyrants.

Metrics 70

Metrics Retail Sales Automotive 70

Harvard Business

AUGUST 31, 2018

To increase diversity at senior executive levels, more must be known about one group in particular: women of color in midlevel leadership, who successfully developed and progressed beyond individual contributor and first-line management. How did (or didn’t) managers play a role? They pursue management challenges.

Management 132

Management Leadership Culture Development 132

Harvard Business

APRIL 5, 2017

Similarly, considering greater accruals (which represent the difference between reported income and operating cash flows) to measure short-term orientation has its difficulties. McKinsey’s margin growth measure classified firms that report higher earnings growth than revenue growth as myopic. Consider three examples.

Metrics 99

Metrics Study McKinsey Cash Flow 99

Epicflow

MARCH 22, 2024

This article is inspired by the webinar featuring Epicflow co-founder Jan Willem Tromp and professor Mario Vanhoucke based on his latest book “The Illusion of Control: Project Data, Computer Algorithms and Human Intuition for Project Management and Control”. So, what do you need for an efficient risk analysis? First of all, you need data.

Data 130

Data Risk Analysis Management Analysis 130

Harvard Business

NOVEMBER 29, 2018

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. Across those fundamentals, eight key topics are reported every day. CAPTION TEXT HERE/Getty Images.

System 130

System Healthcare Metrics Report 130

Harvard Business

DECEMBER 20, 2018

In 2017, CIO magazine reported that around one-third of all customer relationship management (CRM) projects fail. That was actually an average of a dozen analyst reports. Front-line sales professionals and managers rarely find the majority of these capabilities useful in winning more business for the company. The result?

Sales 132

Sales How To Metrics Tools 132

Harvard Business

JUNE 8, 2018

and (ii) how can digital firms improve their financial reports to communicate sources of value creation in their businesses? So, investors, and therefore managers, might be adjusting their approach to risk accordingly. Furthermore, the operating managers cannot take their eyes off day-to-day operations to focus on innovation.

Financial 77

Financial Report Cash Flow Metrics 77

Harvard Business

FEBRUARY 22, 2017

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? And customers can tell.

Metrics 124

Metrics Video Fashion Report 124

Epicflow

JUNE 10, 2024

In contrast to traditional project/program/portfolio managers dealing with individual projects/programs/portfolios, the role of a CPO is more strategic, he or she is a member of the executive board and oversees all project-related activities and their connection with an organization’s business strategy. What organizations require a CPO?

Resources 157

Resources Methodologies Efficiency Metrics 157

Harvard Business

AUGUST 3, 2018

Based on these insights, we now propose a new blueprint for financial reporting of digital companies. The level and trend of a company’s top-line metric is an advance indicator of the success of its business model. (In Many of these metrics are disclosed in Facebook’s financial statements.

Financial 70

Financial Report Company Metrics 70

BCG

JANUARY 5, 2017

One industry that has been a huge beneficiary of all this turbulence is the change management industry. The traditional approach to change management is itself in need of change. Over the past few years, the change management industry has been logging an average annual growth rate of 5%. It has not lived up to its promise.

Change Management 85

Change Management Management Comparison Industry 85

Harvard Business

JUNE 16, 2017

Managing HR-related data is critical to any organization’s success. On the “push” side, HR leaders can do a better job of presenting human capital metrics to the rest of the organization using the LAMP framework: Logic. Vincent Tsui for HBR. And yet progress in HR analytics has been glacially slow.

Metrics 133

Metrics Analysis Data Talent 133

Harvard Business

DECEMBER 14, 2016

So much depends upon managers. This is disconcerting because the same research found that about 70% of people in management roles are not well equipped for the job. Most companies understand the importance of having highly effective managers, but few invest heavily in training to help them get there.

Management 70

Management Metrics Data Meeting 70

Tom Spencer

MAY 18, 2015

Nigel is the author of The Long Term Starts Tomorrow , a must have book “for any manager, leader or Minister.” Tom: Do you think that short term financial metrics are part of the problem in developing long term strategy? 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

Harvard Business

SEPTEMBER 19, 2018

Many people have suggested moving away from quarterly earnings reporting as a way to reduce short-termism. We then scored the quality of disclosure based on whether there is no disclosure, generic disclosure, backward-looking metrics, or forward-looking metrics for a category. Fanatic Studio/Getty Images.

Metrics 125

Metrics Financial Marketing Trends 125

1 to 1

OCTOBER 30, 2024

The resulting new report, “Bringing the power of data and analytics to the front line,” captures best practices for leveraging data analytics to transform the contact center. When you use lagging metrics at the end of the month, it’s very hard for agents to truly understand what drives the score. What do I need to work on?’

Report 26

Report Data Retail Insurance 26

Harvard Business

JUNE 13, 2018

But, what about the application of AI and ML to agile development, testing and even portfolio management? Focus on Outcomes, not Metrics. The practical application of artificial intelligence and machine learning will become a standard way of life across engineering, testing, and broader portfolio management in the near future.

Agile 104

Agile Development Management Software 104

Harvard Business

MARCH 19, 2018

Loneliness should be as important to managers, CFOs, and CEOs as it is to therapists. Surgeon General Vivek Murthy calls “the most common pathology” , with nearly 40% of Americans reporting being lonely. Workers in our sample reported many of the same troubling side effects of loneliness that others have already observed.

Research 134

Research Report Study Survey 134

Johanna Rothman

DECEMBER 6, 2023

Flow Efficiency In How Centralization Decisions Create Friction, Increase Cycle Time, and Cost Money, Part 1, I discussed how removing support staff for departments and managers created longer cycle times. Resource Efficiency Thinking Traps Many Managers And I said the managers were not stupid. Ignorance of the flow metrics.

Metrics 63

Metrics How To Efficiency Resources 63

Harvard Business

JULY 19, 2018

One of the biggest challenges facing management scientists has been the struggle to produce knowledge that is both academically rigorous and applicable to practicing managers. In an Academy of Management Journal editorial, we described two problems that contribute to this challenge. spiderstock/Getty Images.

Research 131

Research Journal Ethics Metrics 131

Harvard Business

NOVEMBER 6, 2018

Data science for humans: the consumers of the output are decision makers like executives, product managers, designers, or clinicians. These data scientists design, define, and implement metrics, run and interpret experiments, create dashboards, draw causal inferences, and generate recommendations from modeling and measurement.

Data 132

Data Engineering Software Metrics 132

CaseInterview.com

OCTOBER 14, 2022

You realize it is something you must manage. This is typically a color-coded spreadsheet with one to two dozen key performance metrics. Each metric is reported each month. Each metric has a goal for the month. When a goal is met, the metric is color-coded in green. We’ll never spam you or share your email.

Metrics 21

Metrics Finance Energy Meeting 21

Harvard Business

SEPTEMBER 24, 2018

The experiment succeeded: Teams temporarily stationed there worked better and faster than colleagues elsewhere, and they reported greater satisfaction and engagement (along with bouts of depression upon returning to the office). Even the HR executives managing the space were surprised by their bonhomie.

Company 127

Company Case Interview Engineering ROI 127

Harvard Business

APRIL 10, 2017

Our research, however, shows that this type of management approach doesn’t just lead to lower-quality service interactions, but it’s more likely to increase errors than to reduce them. Perhaps not surprisingly, adherence climates tend to dominate in customer service. Why do reps in network judgment climates perform better?

Metrics 123

Metrics Tools Policies Company 123

Harvard Business

NOVEMBER 8, 2016

In a recent B2B buyers survey , 53% of the respondents reported that social media plays a role in assessing tools and technologies, and when making a final selection. Social selling makes sense for achieving quota and revenue objectives for multiple reasons.

B2B 193

B2B Sales Media Survey 193