Harvard Business

MAY 27, 2016

Finally, they would take over the international air travel market. Today, air taxi companies operate in a similar fashion to the Southwest of yore. Then they would move upmarket to regional flights, private aviation, and eventually, national flights. Of course, Southwest is a lone bright spot in an otherwise stagnant industry.

Airlines 125

Airlines Travel Industry Efficiency 125

Harvard Business

MAY 20, 2016

Facing interconnected operational issues, members of the eight-person senior leadership team were turning against one another. Service increasingly was hit or miss, and Forbes Travel Guide issued a preliminary rating that would have docked the restaurant a star. Operations in a Connected World. And something was wrong.

Operations 102

Operations Hotels Case Interview Finance 102

Tom Spencer

OCTOBER 11, 2024

Amazon , for example, uses algorithms to determine the most efficient delivery routes for its drivers, minimizing travel distances and time. Sourcing materials and products locally reduces the distance goods need to travel, thus lowering transportation emissions.

Case Studies 78

Case Studies Case Study Transportation Efficiency 78

Markovitz Consulting

DECEMBER 1, 2020

Low-value travel? The preparation for that week, combined with the burden of having the leadership team unavailable for such a long period of time, hamstrung Ford’s ability to react to operational issues in a timely manner. Long commutes? Four-hour meetings? Elaborately defined, documented, and monitored processes and procedures?

Boston Consulting Group 259

Boston Consulting Group Meeting Travel Productivity 259

Harvard Business

JUNE 13, 2016

Despite the inherent fatigue and the surface appearance of monotony, business travel can be more than just getting work done in a new location. Through our own experiences as well as those we’ve interviewed, coached, and worked with, we’ve identified some of the top benefits of short-term business travel. Pamela Hinds.

Travel 70

Travel Culture Hotels Meeting 70

Harvard Business

MARCH 14, 2017

Loyalty programs have proliferated across travel, retail, financial services, and other economic sectors. See More Videos > See More Videos > All loyalty programs are vulnerable to a blockchain revolution, but the travel industry is perhaps the most at risk. The average U.S. Early adopters could benefit considerably.

Travel 134

Travel Balance Sheet Hotels Airlines 134

Consulting Matters

OCTOBER 10, 2024

Travel: If you need to travel for work, try to schedule it when your kids are out of school, or bring them along if possible. Streamline your systems: If you’re feeling overwhelmed, it might be time to invest in systems and tools that can simplify your marketing, client delivery, and operations.

Consulting 156

Consulting How To System Efficiency 156

Tom Spencer

NOVEMBER 8, 2024

My friends at MBB firms have unique opportunities, such as travelling the world on client projects, participating in secondments at external nonprofits, or pursuing their MBAs in the US or Europe. My career path has taken me through consulting, joining a startup and becoming an operator, and then returning to consulting at an MBB firm.

McKinsey 78

McKinsey Methodologies Transportation Bain 78

Harvard Business

JUNE 21, 2016

Mention the word “plan” to most managers and the image that springs to their minds might well be a travel plan. ” The result is much the same as with travel: a specific beginning and end with precise steps along the way. Their image is more of the house-plan type or travel itinerary. What does that involve?

Travel 132

Travel Conference Operations Strategy 132

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. Telemedicine offers numerous other benefits, including reduced travel times, substantial cost savings, and greater convenience for both patients and providers.

Healthcare 78

Healthcare Data Trends Efficiency 78

Harvard Business

NOVEMBER 15, 2018

hospitals and health systems experienced an average 39% reduction in their operating margins from 2015 to 2017. Cost reduction requires an honest and thorough reassessment of everything the health system does and ultimately, a change in the organization’s operating culture. PM Images/Getty Images. ” Clearly, more is needed.

System 128

System Management Nonprofit Operations 128

Harvard Business

JULY 2, 2018

Experienced operators in the field have better knowledge and more current information than remote dictators or their mercenary agents do. Standard operating procedures fail because the situations are by definition nonstandard. The variability and unpredictability of events are too high for rigid directives.

Turnaround 133

Turnaround Agile Operations System 133

Tom Spencer

FEBRUARY 1, 2020

When people think of consultants, they tend to visualize professionally suited employees, degrees from the best schools, high pay-checks and fancy travel stories. Operations Consultants: Operations consultants are consultants who help clients improve the performance of their operations.

Consulting 135

Consulting Operations Financial Real Estate 135

Effective Managers

JUNE 17, 2024

The Rise of Digital Technologies The onset of digital technologies like artificial intelligence (AI), big data analytics, and cloud computing has drastically changed how businesses operate. This trend has increased the market reach for consulting firms while reducing costs and time spent on travel.

Consulting 130

Consulting Management Ethics Agile 130

Effective Managers

JUNE 17, 2024

The Rise of Digital Technologies The onset of digital technologies like artificial intelligence (AI), big data analytics, and cloud computing has drastically changed how businesses operate. This trend has increased the market reach for consulting firms while reducing costs and time spent on travel.

Consulting 130

Consulting Management Ethics Agile 130

Harvard Business

APRIL 25, 2018

Right before the start of our study in 2011, new closed-circuit television cameras were installed at all airport checkpoints—covering almost all the various positions the officers rotated through, from checking travelers’ documents to operating body-scan machines.

Travel 111

Travel Transportation System Airlines 111

Markovitz Consulting

JANUARY 28, 2019

But when it comes to internal operations at least, disruption is often both bad for business and for employees, because it causes unevenness in work. It made no sense for consultants traveling all the way from Japan to the United States to work with a company for just a half-day or a full day.

Travel 133

Travel Engineering Company Operations 133

Harvard Business

JUNE 21, 2016

But by the 1990s it had run aground: It hadn’t properly developed systems to implement its growth strategy internally, and so that strategy broke down at dozens of points of execution on the front line—with customers, crew, staff on the shore and the company’s travel agent partners. But this only compounded the chaos.

Company 122

Company Travel Cash Flow Operations 122

Tom Spencer

OCTOBER 3, 2020

Augmented reality operates by transforming data and analytics into information and images which are overlaid on the real world. Trainees with AR assistance are 35% more time efficient than trainees using traditional 2D documentation, and 90% more likely to perform an operation correctly the first time. Reading Time: 3 minutes.

Tourism 88

Tourism Travel Deloitte Information Technology 88

Management Consulted

JULY 15, 2015

This group has a startling 300 companies in its portfolio in sectors ranging from travel, telecommunications, health, financial services, leisure, music, space travel, and renewable energy. The group’s travel-related operations, led by 51%-owned Virgin Atlantic Airways, are among its largest cash generators.

Groups 100

Groups Culture Interviews Travel 100

Harvard Business

FEBRUARY 13, 2017

For example, it might be critical that a company wins a new order (which will be awarded on a given date) from a major customer, or gets a factory fully operational by a certain day. ” The organization, if it is operating rationally, should be willing to accept however much improvement it can get from that fixed investment.

Resources 134

Resources Travel Software Examples 134

Harvard Business

JULY 26, 2018

On March 25 mighty Uber bowed out of Southeast Asia by selling its operation in several countries to local rival Grab. In 2016 the company sold its China operation to Didi Chuxing because of the fierce competitiveness of the local player. A year later, Uber admitted defeat in another region, selling its operation in Russia to Yandex.

Recruiting 126

Recruiting Recruitment Transportation Advertising 126

Management Consulted

OCTOBER 18, 2013

Recognizing client’s needs for help managing IT operations and resources, IBM Vice President Robert M. During this same year, IBM introduced Business Recovery Services as a formal business offering for customers, enabling them to continue operations in the event of an unplanned outage or disaster. Operations and Supply Chain.

IBM GBS 203

IBM GBS Interviews Consulting Case Interview 203

Management Consulted

MAY 28, 2017

On the value creation side, Bulger Partners covers 13 different types of value assignments (growth strategy offerings, technical strategy, operations, etc.). The firm also employs a lighter travel model than many other firms. For example, at Bulger Partners you’ll travel less than you would at Deloitte or PwC.

Software 165

Software Strategy Strategy& Strategy 165

Harvard Business

JUNE 30, 2016

In comparison to other methods (such as Six Sigma or activity-based costing), ZBB typically does not address operational excellence in core processes (marketing, sales, supply chain, procurement, manufacturing) or fundamental cost drivers such as portfolio complexity, organizational complexity, customer complaints, and quality issues.

Company 113

Company Benchmarking Travel Policies 113

Harvard Business

MAY 4, 2017

Is it flexibility and less travel? One of my clients recently “downshifted” into a “better lifestyle” (his words) plural career — only to find the consulting roles he was offered required twice the travel as his corporate job, and to parts of the world he had no interest in going. Be clear on why.

How To 117

How To Travel Banking Consulting 117

Management Consulted

JANUARY 22, 2015

He co-founded MobileSuites, an app that puts travel concierge services and hotel information at your fingertips, and which you can (and should) find and sign-up for here. I ended up traveling on a few projects with my friend Basel, an analyst who started the same day that I did. I would say it happened a bit by accident. Absolutely.

Hotels 100

Hotels Oliver Wyman Travel Recruiting 100

MishTalk

APRIL 8, 2014

Google is adding more photos and reviews to its hotel listings, so they increasingly resemble those of travel search sites such as Priceline Group Inc. And it is more aggressively promoting its "hotel-price ads" that post room rates directly as travel-search sites do. PCLN) Expedia Inc(EXPE) and TripAdvisor Inc.

Hotels 66

Hotels Advertising Travel Healthcare 66

Management Consulted

OCTOBER 3, 2012

While I was working with them, the focus of my PhD gradually shifted toward how economic integration and various factors (domestic, international, political, economic) have impacted Japanese companies’ corporate strategy and operations over the past couple of decades. ” “Was attracted by the following attributes of consulting.

Consulting 204

Consulting Case Interview Interviews Engineering 204

Management Consulted

JANUARY 25, 2016

Sean Sternbach – Director of Operations – Pet Lodge Pet Resort. Even for such a high travel firm, which we’ll discuss below, they all seem to be so gosh darn chummy with each other. The travel here is tough, and long, and the hours aren’t easy. Phil Hunter – Founder – Ordo. ALIXPARTNERS CULTURE .

Interviews 100

Interviews Culture Turnaround Case Interview 100

Tom Spencer

SEPTEMBER 15, 2023

If you are an iPhone user, can you imagine moving to a mobile phone than runs on an Android operating system? Getting used to the new operating system would take weeks. Ecosystems bolster consumer loyalty to an unprecedented degree, which makes it much harder for competitors to induce customers to switch products. Not likely.

Telecommunications 88

Telecommunications B2B Travel Banking 88

Harvard Business

NOVEMBER 8, 2017

Meanwhile, according to the Ministry of Finance , the Indian economy is operating with $45 billion less cash than it did prior to demonization. To collect the check she would have needed to travel to a government office. Then, of course, she would have needed to travel again to a bank to cash the check. The result?

Government 134

Government Banking System Policies 134

Tom Spencer

APRIL 1, 2022

If the aviation industry continues down the path of high CO 2 emissions, what will happen when new aerospace markets open: sub-orbital travel, supersonic flight, and space hotels? Sub-orbital travel, popularized in 2021 by Jeff Bezos, Richard Branson, and Elon Musk, is projected to become a $3.5 Billion industry by 2027. Other Trends.

Trends 88

Trends Engineering Travel Airlines 88

Effective Managers

FEBRUARY 24, 2023

It has been an extremely interesting decade since we started operating From communism to capitalism Mongolia transited out of a command economy and into a democratic and free market economy in the early 1990s. During the past 30 years, we have witnessed a great deal of change.

Consulting 130

Consulting Training Training Banking 130

Tom Spencer

FEBRUARY 22, 2020

Consultants’ careers can range from marketing, operations, management and more, each with their own specialized role as you progress in your career. The main downside voiced by many people is that consulting is very travel intensive. Figure out what you have to offer and what to expect.

Consulting 88

Consulting Management Boston Consulting Group Travel 88

Harvard Business

AUGUST 2, 2018

For example, I manage the finances for a team that travels very often, and I’ve been grateful for the intelligent guesswork that my expenses software extracts from receipts using machine learning: the merchant’s name, the dollar amount spent, taxes, and likely expense categorization. Insight Center. Adopting AI. Sponsored by SAS.

Data 131

Data Software Tools Travel 131

Clarity Consultants

OCTOBER 25, 2023

Enhanced control –A tall structure gives senior management more control over the company’s operations. Communication challenges –Communication can be challenging in a tall structure, as information can get lost or distorted as it travels up and down the chain of command. Think of it as one giant game of telephone.

Organizational Development 162

Organizational Development Efficiency Development Productivity 162