Harvard Business

SEPTEMBER 26, 2023

Technological progress and new digital products have perennially been relied upon for improving operations. But studies now reveal that doctors spend half of their time managing EHRs and desk work, shortchanging patients and fueling burnout. But the truth is, tech can often make bureaucracy worse.

System 252

System Study Operations Time Management 252

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 133

Productivity Study Policies Data 133

Tom Spencer

OCTOBER 11, 2024

We’ll also look at case studies of companies leading the way in sustainable supply chain management. For example, Adidas has launched initiatives to produce shoes from ocean plastic waste , turning a pollutant into a valuable consumer product. Utilizing recycled materials is another effective strategy.

Case Study 78

Case Study Case Studies Transportation Efficiency 78

Tom Spencer

MARCH 8, 2024

One of the most common problems business leaders face is how to price a product. From entrepreneurs putting a new product on the market to executives at a public company revamping a product line, effective pricing is a key pillar of any successful sales and marketing strategy.

Productivity 158

Productivity Sales Strategy Strategy& 158

Harvard Business

JUNE 7, 2017

It also assumes that the constituencies served by these institutions will settle for standardized products and services that meet the lowest common denominator of need. Scalable efficiency works best in stable environments that are not evolving rapidly.

Operations 134

Operations Efficiency Productivity Examples 134

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

Tom Spencer

OCTOBER 27, 2023

Business operations teams play a critical role in the success and growth of both big companies and small startups. Let’s explore the role of business operations teams in greater detail for both big companies and small startups.

Operations 88

Operations Company Efficiency Resources 88

Epicflow

JANUARY 30, 2025

Support and training providing tools, templates, and training to project teams to enhance their productivity and adherence to standards. Improved Resource Allocation Efficient resource allocation is crucial for optimizing productivity and avoiding burnout.

Tools 130

Tools Software Efficiency Resources 130

Consulting Matters

JUNE 30, 2020

I love actually impacting the customer's operations and providing a new prospective or process that changes the way they do business forever. Knowing that the base of what I want to offer may change throughout the course of my education and development, I'd like to have a solid grounding of my business operations. We got you covered.

Study 156

Study Consulting Survey Methodologies 156

Harvard Business

OCTOBER 18, 2018

” Editor's Note This fictionalized case study will appear in a forthcoming issue of Harvard Business Review, along with commentary from experts and readers. The team had dropped the ball on inquiries from several retailers interested in its products by failing to coordinate getting them into the company’s system quickly.

Case Study 132

Case Study Case Studies Study Sales 132

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

Harvard Business

JULY 25, 2017

In July 2013 we implemented a randomized controlled trial in five factory units in Bangalore operated by Shahi Exports Pvt. Workers within and across production lines were randomized into treatment (PACE training) and control (no PACE training) groups. percentage points more productive than control workers and working 7.8

Company 125

Company Training Training Study 125

Tom Spencer

NOVEMBER 15, 2024

Big data analytics is also being used to optimize hospital operations, such as reducing wait times and improving resource allocation. AI algorithms can analyze vast amounts of data from medical records, imaging studies, and other sources to identify patterns and make predictions that can aid in diagnosis and treatment.

Healthcare 78

Healthcare Data Trends Efficiency 78

Harvard Business

MARCH 1, 2017

Business leaders often think of “efficiency” and “productivity” as synonyms, two sides of the same coin. When it comes to strategy, however, efficiency and productivity are very different. At first glance, the definition of productivity appears remarkably similar.

Efficiency 70

Efficiency Productivity Company Talent 70

Harvard Business

JULY 9, 2018

But it’s particularly difficult for large, traditional firms , especially those which operate in consolidated, non-growth industries (think pulp and paper, steel, airlines) and which are often located away from the metropolitan areas where data scientists live. There were no processes in place to share the learning.

Talent 115

Talent Recruitment Recruiting Boston Consulting Group 115

Harvard Business

AUGUST 24, 2017

My coauthors and I explore this in detail as part of a study of how well 12,000 firms in 34 countries performed 18 core management practices. Indeed, in our study the average management quality in a country was strongly correlated with standard measures of economic growth. All that innovation is good for the broader economy.

Management 195

Management Tools Video Study 195

Management Consulted

APRIL 27, 2014

Instead, we’re recommending real-life activities that will help you understand why profit is important to a business , or how to quickly study a new industry. The McKinsey Way by Ethan Rasiel — In this book, Rasial uses case studies and anecdotes to describe how McKinsey thinks about and solves business problems. Other MC Posts.

Development 205

Development Consulting Boston Consulting Group McKinsey 205

Harvard Business

NOVEMBER 6, 2018

” More than forty years later, myriad studies have substantiated the claim that American workers expect something deeper than a paycheck in return for their labors. To date, business leaders have lacked two key pieces of information they need in order to act on the finding that meaning drives productivity. Andy Molinsky.

Study 133

Study Talent Conference Culture 133

Harvard Business

MAY 25, 2016

Our goal in this article is to offer specific, real-world case studies to show how big data has provided value for companies that have worked with Microsoft’s analytics teams. The first use case involves predicting demand for consumer products that are in the “long tail” of consumption. Predicting demand.

Data 132

Data Advertising Operations Case Study 132

Markovitz Consulting

AUGUST 19, 2020

All too often, companies that strive for first mover advantage bleed their products—or their entire organization—to death. Peter Golder and Gerard Tellis’s seminal study of 500 brands in 50 product categories reveals that almost half of market pioneers fail. Good luck finding any of those products today.

Guidelines 140

Guidelines Operations Talent Sports 140

Harvard Business

MAY 24, 2016

Studies have linked stronger employee engagement to higher customer satisfaction and profits. But it’s important to remember what comes between the motivated employee and the satisfied customer: the innovative product or service that the employee creates and the company sells. Operations in a Connected World.

Metrics 132

Metrics Survey Software Operations 132

Harvard Business

MARCH 24, 2017

In the 1920s, a series of experiments were conducted at Hawthorne Works, a Western Electric telephone factory just outside Chicago, to study the effects of lighting on worker productivity. The researchers concluded that it was the act of being studied , not the lighting, that made workers increase their productivity.

Study 108

Study Operations Research Data 108

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. To be precise, my mistake. Humans are underrated.”

Engineering 129

Engineering Training Training Analysis 129

Harvard Business

SEPTEMBER 3, 2018

The study also found that the absence of natural light and outdoor views hurts the employee experience. The eMarketer Mobile Research study reports that American adults over the age of 18 spend about four hours on their mobile devices every day. In fact, CEOs are starting to focus on how the workspace can lead to improved productivity.

Real Estate 133

Real Estate Survey Study Wireless 133

Markovitz Consulting

JULY 30, 2020

The reorgs didn’t address the real problems with our products and pricing. Reorganizations bulldoze those intangible assets into oblivion, ensuring that for six months at least, a company will be operating much less effectively. People who study system dynamics refer to “ fixes that fail.” Is your service competitive?

Productivity 124

Productivity Research Sales Study 124

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

MAY 17, 2016

Companies born before the internet took hold have an enormous challenge: improving their online products and services at the warp speed of their online competitors. Companies that are able to master continuous online product innovation have big advantages: Dramatic reductions in the time it takes to make critical product enhancements.

Company 123

Company Software Productivity Engineering 123

Harvard Business

AUGUST 14, 2018

Many leading American digital firms, including Google, Amazon, eBay, and Uber, have successfully expanded internationally by introducing their products, services, and platforms in other countries. failure to fully embed operations in China. Uber sold its operation to Didi Chuxing. Paper Boat Creative/Getty Images.

Case Interview 130

Case Interview Intellectual Property Interviews Operations 130

Harvard Business

JANUARY 4, 2018

Four years ago, my team of researchers and I embarked on a large-scale scientific study of self-awareness. Stefanie Johnson for her contributions to our study as well. Across the studies we examined, two broad categories of self-awareness kept emerging. 2: Experience and Power Hinder Self-Awareness.

How To 193

How To Case Interview Research Study 193

Harvard Business

OCTOBER 10, 2017

Bernstein studied assembly-line performance at a company he called “Precision.” When Bernstein hid a set of production lines from managers’ view, the performance of employees on those lines increased by 10% to 15%. They will represent the products more consistently. Every high performer needs both.

Metrics 134

Metrics Engineering Operations Sales 134

Effective Managers

JUNE 10, 2024

The Unique Landscape of Remote Work Remote teams operate in an environment devoid of traditional office boundaries, characterized by diverse geographical locations and reliance on digital communication tools. Real-World Applications Case studies from successful companies demonstrate the effectiveness of these strategies.

Case Study 130

Case Study Case Studies Tools Exercises 130

Effective Managers

JUNE 10, 2024

The Unique Landscape of Remote Work Remote teams operate in an environment devoid of traditional office boundaries, characterized by diverse geographical locations and reliance on digital communication tools. Real-World Applications Case studies from successful companies demonstrate the effectiveness of these strategies.

Case Study 130

Case Study Case Studies Tools Exercises 130

Harvard Business

DECEMBER 11, 2018

.” A 10-year McKinsey study on flow found that top executives are up to 500% more productive when they’re in a state of flow. A study by scientists at Advanced Brain Monitoring also found that being in flow cut the time it took to train novice marksmen up to an expert level in half.

Productivity 133

Productivity Study Meeting McKinsey 133

Consulting Matters

JANUARY 23, 2020

There are many studies about the high toll that exhaustion is taking on us as individuals and companies and society on the whole. As author Caroline Turner states in her book Difference Works: Improving Retention, Productivity and Profitability Through inclusion , “ I lacked the passion to keep it up.”

Operations 218

Operations Travel Chemicals System 218

Harvard Business

SEPTEMBER 4, 2017

“Productivity isn’t everything, but in the long run it is almost everything,” wrote Paul Krugman more than 20 years ago. Productivity in most developed economies has been anemic. During much of this time, it has been shareholders, not workers, who have reaped the benefits of higher productivity.

Energy 134

Energy Agile Productivity Talent 134

Harvard Business

NOVEMBER 6, 2018

While our study assessed the impact of low literacy on administrative expenses, two decades of research has documented the impact of literacy on the overall health economy — some estimate the cost to add up to as much as $238 billion, or 17%, of all U.S. health expenditures. Amazon and other digital retailers have done just that.

System 122

System Insurance Insurance Education 122

Harvard Business

MAY 26, 2016

Operating margins for firms publicly listed in the US show a substantial and sustained rise. If so, then high profits portend diminished productivity growth. In a new research paper , I tease apart the factors associated with the growth in corporate valuations relative to assets ( Tobin’s Q ) and the growth in operating margins.

Pharmaceuticals 128

Pharmaceuticals Chemicals Industry Study 128