article thumbnail

"Process Mining"? Sounds Like a Waste of Time.

Markovitz Consulting

For example, the global chemical company Chermours used process mining to analyze their order-to-cash process: It took the process mining effort four months to uncover how the actual process was performing (not just what the ERP documentation stated). I’m sure it does more efficient.

Software 124
article thumbnail

Sustainable Aviation: Emerging Trends and Opportunities

Tom Spencer

These include offsetting greenhouse gas production by purchasing carbon credits, investing in more efficient gas turbine engines, using sustainable aviation fuel, and manufacturing with novel materials and 3D printing methods. Companies such as GE Aviation and Safran are working on improving engine efficiency in order to reduce emissions.

Trends 88
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Don’t Be Tyrannized by Old Metrics

Harvard Business

For example, same-store sales or sales per square foot measure success in the retail industry, and various volume measures do it in commodity industries. In a future dominated by autonomous vehicles and ride-sharing schemes, a typical family might decide to own fewer cars or none at all — meaning lower unit sales, all else equal.

Metrics 28
article thumbnail

Is There a Shortage of Skilled Workers? My Own Personal Experiences

MishTalk

That job ended when Chase and Chemical merged. I was on a project at US Bank in Minneapolis involving a merger or sale of a Piper Jeffrey trading system. The weakening demand during recessions forces firms to look for new ways to be more efficient to cope with hard times. My first contract was at Chase.

article thumbnail

The Comprehensive Business Case for Sustainability

Harvard Business

Facing strict regulation on chemical release and competition from flowers from Africa, the Dutch flower industry developed a closed-loop system that grows flowers hydroponically in greenhouses, lowering risk of infestation and reducing the use of fertilizers and pesticides. In 2005, they launched a U.S.

Study 28
article thumbnail

What to Do When Work Stress (Literally) Makes You Sick

Harvard Business

In response, they release hormones and chemicals to speed up our heart rate, increase blood pressure and stimulate our muscles. Such was the case when I was working a grueling pharmaceutical sales job. They communicate to each other, as they do when we’re anxious, becoming more efficient in the process.

article thumbnail

A.T. Kearney Interview & Culture

Management Consulted

Marketing & Sales. Thus, they work towards creating or upgrading current purchasing processes to enhance efficiency and maximize savings. There are 4 capabilities to A.T. Kearney’s innovation practice: collaborative innovation, innovation portfolio management, innovation strategy and R&D performance strategy. Automotive.