Seth Godin Blog

SEPTEMBER 2, 2020

When time gets short (for new parents or startup founders, for example) we naturally focus on getting efficient. But being efficient is not the same as being productive. We can remove extraneous details and distractions and magically get much faster at getting tasks done.

Efficiency 44

Efficiency Productivity Examples 44

Epicflow

MAY 12, 2022

What do you need to know to allocate resources efficiently in a multi-project environment and utilize them to the full? Resources are allocated efficiently when the right people work on the right tasks, while employees’ workload remains balanced – they are neither over- or underloaded. . Efficient Resource Allocation: Key Drivers.

Efficiency 52

Efficiency Resources Tools Management 52

Epicflow

APRIL 15, 2022

To be able to stay competitive on the market and cope with any arising issues, aerospace engineering companies are expected to seek how to improve operational efficiency in general and the engineering processes in particular. . What drives efficiency of aircraft engineering projects? Facilitating efficient resource utilization.

Engineering 52

Engineering Efficiency Management How To 52

Consulting Success

JANUARY 28, 2021

Consulting is providing your expertise to help a person or organization solve problems or reach their goals more efficiently and effectively. Example: Donna Bates is an independent strategic planning consultant who helps companies. Independent consulting is when you do consulting by yourself instead of with or for a consulting company.

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Consulting Efficiency Examples Company 290

Tom Spencer

JULY 2, 2016

For example, London’s metropolitan police say that they have seen a 57% increase in reporting to the “Stop Hate Crime” website. That being said, economic stress can lead to high emotions and the desire to find a scapegoat for ones problems.

Efficiency 110

Efficiency Education Policies System 110

Successful Independent Consulting

NOVEMBER 30, 2023

Image generated by AI using a free version of Canva Of course you’ve heard of ChatGPT but are you using it to work smarter and more efficiently yet? Example: The initial image for this article was of a female assistant so I changed the prompt to “non-human assistant.”] If not, you should be! Gender, race, and age bias are common.

Productivity 195

Productivity Consulting Tools Efficiency 195

Clarity Consultants

SEPTEMBER 18, 2017

In this kind of environment, focusing on worker retention and cross training to make existing workers more efficient makes a lot of sense. The post Examples of Organizations Who Have Top Business Training Programs appeared first on Clarity Consultants - Learning and Development.

Examples 61

Examples Training Training Efficiency 61

Epicflow

JANUARY 28, 2022

To plan projects’ flows and apply efficient allocation strategies, a project or a resource manager has to know how many resources will be needed to perform a planned scope of work. And despite the benefits these features can give to project teams, sometimes they’re not enough for efficient management of globally distributed resources.

Efficiency 52

Efficiency Management Resources Software 52

Business Consulting Agency

JANUARY 30, 2024

This article explores how consulting services contribute to the success of startups, small businesses, and larger enterprises, supported by facts, statistics, and real-world examples. Real-world Example: A tech startup struggling with scalability engaged a business consultant to optimize its operations.

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Consulting Enterprise Small Business Agile 83

Asamby Consulting

OCTOBER 1, 2022

Process Improvement In business, you need to use resources as efficiently as possible. Example: You have insufficient data submission in your email-based order intake. So you need to make sure that your processes are set up well. And if this already wasn't challenging, it becomes especially difficult if you run a remote team.

Efficiency 52

Efficiency Methodologies Process Improvement Training 52

Tom Spencer

AUGUST 10, 2019

Give me an example of a good product and not so good product. The browser extension automatically highlights grammar errors as the user types in a browser application, like Gmail for example. Efficiency ?: It shows examples of how to correct mistakes. Efficiency. Why is one better than the other?”.

Productivity 60

Productivity Examples Interviews Efficiency 60

Tom Spencer

JUNE 9, 2023

For example, businesses like Netflix, Youtube, Amazon, and Airbnb use AI-powered recommendation systems to suggest movies, videos, products, and rental properties based on a user’s browsing history, past purchases, and revealed preferences based on past behavior. These systems can suggest relevant products that customers are likely to enjoy.

Data 147

Data Operations Efficiency System 147

Johanna Rothman

APRIL 19, 2024

For example, I speak a lot about how we need to bring people with diverse experiences and capabilities together to make teams that can create useful products. ” Instead, I say, “You might think single-function teams or people with similar experiences and backgrounds are more efficient.

Conference 79

Conference Efficiency Examples Productivity 79

Clarity Consultants

SEPTEMBER 18, 2017

In this kind of environment, focusing on worker retention and cross training to make existing workers more efficient makes a lot of sense. The post Examples of Organizations Who Have Top Business Training Programs appeared first on Clarity Consultants.

Examples 40

Examples Training Training Efficiency 40

Clarity Consultants

SEPTEMBER 18, 2017

In this kind of environment, focusing on worker retention and cross training to make existing workers more efficient makes a lot of sense. For more examples of businesses doing professional development right, connect with the team at Clarity Consultants today.

Training 59

Training Training Examples Boston Consulting Group 59

Tom Spencer

OCTOBER 13, 2023

Profitability ratios Net interest margin (NIM) Efficiency ratio Return on assets (ROA) Fee income to total income Return on equity (ROE) Dividend payout ratio Total shareholder return (TSR) 1.1 Image 1: Illustrative example of a bank’s net interest income and margin Source: CIBC’s 2022 Annual Report 1.2 We will examine each in turn.

Metrics 88

Metrics Banking Balance Sheet Efficiency 88

1 to 1

AUGUST 9, 2021

Yet, in many businesses, there is often some overlap and confusion over what defines the roles of a front office and back office, making it difficult to prioritize an area for greater efficiency and productivity. What is the front office? The front office refers to the customer-facing section of a firm. Learn more.

Efficiency 26

Efficiency Productivity How To Operations 26

Tom Spencer

MARCH 10, 2023

For example, in the financial industry, AI can be used to detect fraud, predict stock prices, and manage risk. In manufacturing, AI can be used to optimise supply chains, increase the efficiency of production processes, and predict equipment failures. Accurate Predictions AI can also help consultants to make more accurate forecasts.

Consulting 88

Consulting Ethics Healthcare Retail 88

Tom Spencer

AUGUST 4, 2023

However, by harnessing the power of modern technology, organizations can revolutionize their governance practices, making them more efficient, transparent, and enjoyable for all stakeholders involved. For example, voting systems built on blockchain can ensure tamper-proof results and build trust among stakeholders.

Government 78

Government Efficiency Tools Meeting 78

Tom Spencer

MARCH 22, 2024

Some examples of AI automation tools include ChatGPT, Google Bard, and Fireflies. For example, AI can be used to analyze customer data and identify key trends and patterns, or to analyze supply chain data to optimize logistics and reduce costs. Within the competitive world of consulting, staying ahead of the curve is vital.

Consulting 88

Consulting Tools Data Trends 88

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. Now, it's time for Economies of Scale and how that ties into resource efficiency thinking. See the Wikipedia article.

Metrics 63

Metrics How To Efficiency Resources 63

Epicflow

MARCH 22, 2024

In this article, we’re delving into the most essential aspects of efficient project management that can ensure successful and timely delivery, and also dwelling on the importance of project data for risk management in single-project and multi-project environments. So, what do you need for an efficient risk analysis?

Risk Analysis 52

Risk Analysis Data Management Analysis 52

Johanna Rothman

SEPTEMBER 27, 2023

The previous manager had focused on resource efficiency, not flow efficiency , so everyone had “their” own work. That's an example of what I've seen in large teams: dysfunction, cliques, and high WIP. For example: Does this team need to integrate with support? This 12-person team had a ton of dysfunction.

Agile 110

Agile Culture Efficiency Development 110

Tom Spencer

MARCH 24, 2023

While AI will be able to perform many tasks more efficiently and accurately than humans, there are certain areas where machines will always fall short. For example, in a recent consulting engagement, I worked with a company that was struggling with low employee morale. One of the key areas in which we excel is emotional intelligence.

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Emotional Intelligence Ethics Consulting Case Interview 88

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. Efficiency is about doing the same with less. The benefits from improving efficiency appear to have petered out.

Efficiency 28

Efficiency Productivity Company Talent 28

Epicflow

MARCH 22, 2023

For example, in this case, every decision will be made from a cost-cutting perspective, which can lead to missed opportunities. Also, if a company decides to cut expenses but does nothing to increase operational efficiency, it may lead to delivering low-quality output and decreased customer satisfaction.

Resources 90

Resources Management Efficiency Operations 90

Epicflow

MARCH 19, 2024

The Epicflow team continues implementing the most powerful functionality to provide our clients with a variety of tools to juggle projects and resources most efficiently. For example, you may require 100% of a designer’s capacity during the first two weeks of the project and then change it to 50% for the rest of the timeline.

Management 52

Management Agile Engineering Software 52

Clarity Consultants

DECEMBER 13, 2022

Improving employee competency and efficiency does result in gains, but they’re less concrete. For example, while a new piece of manufacturing equipment may lead to a 20 percent output speed increase, training employees to use software that streamlines processes may have variable productivity gains across your workforce.

ROI 95

ROI Training Training Efficiency 95

Epicflow

FEBRUARY 8, 2024

Leveraging Cutting-Edge Technologies Under current conditions of economic turbulence, workforce shortage, and supply chain disruptions, manufacturing organizations should work towards increasing the efficiency of their operations, achieving business agility and resilience. Here are some of the examples. AI-driven applications).

Trends 52

Trends Talent Deloitte Efficiency 52

Johanna Rothman

APRIL 14, 2021

That's because the managers think resource efficiency works. They don't realize how much more effective flow efficiency is.). “Shared services” is an example of resource efficiency thinking looking like it saves money. We are less effective—and less efficient. ” Don't use an agile approach.

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Agile Efficiency Productivity Development 119

Johanna Rothman

MARCH 6, 2024

In Effective Agility Requires Cultural Changes: Part 1 , I said that real agile approaches require cultural change to focus on flow efficiency , where we watch the flow of the work , not the people doing tasks. Where the organization rewards resource efficiency, not flow efficiency.) Too few organizations can do that.

Agile 81

Agile Culture Efficiency Metrics 81

Tom Spencer

JULY 28, 2023

By harnessing the potential of AI, companies can optimize the integration and management of clean technologies , leading to increased efficiency, cost savings, and environmental sustainability. Consulting firms play a crucial role in guiding businesses through the integration of AI-powered renewables into their operations.

Operations 78

Operations Energy Data System 78

Johanna Rothman

NOVEMBER 30, 2023

The musical chairs game focuses on resource efficiency. It disregards flow efficiency , management experience, and how the best managers support their teams. However, because we had our own computers and we worked in resource efficiency , not too many people noticed. Why do managers feel as if they're playing musical chairs?

Efficiency 71

Efficiency Culture Leadership Management 71

Tom Spencer

JUNE 24, 2022

Low transaction costs will also be necessary to ensure efficient operations and to ensure that blockchain systems offer a cost advantage over the status quo. There are practical examples of where blockchain has already been applied to generate significant economic value. In 2017, Protokol estimated that $1.2

Government 88

Government Insurance Insurance System 88

Tom Spencer

OCTOBER 6, 2023

A bank’s income statement can be simplified into five main line items: Net interest income Non-interest income Operating expenses Provision for credit losses (PCL) Tax Image 1: Illustrative example of a bank’s income statement Source: CIBC’s 2022 Annual Report 1. Image 2: Illustrative example of a bank’s non-interest income 3.

Banking 88

Banking Balance Sheet Operations Financial 88

Johanna Rothman

FEBRUARY 23, 2022

Instead of treating people as individuals (resource efficiency thinking), what if you looked at the team as a harmonic whole? For example, every day, at 2pm, the team reviews all the code that is ready to review. While the team marked them all as “done,” they weren't really. Some Choices for Inside the Team Dependencies.

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Efficiency Guidelines Tools Resources 90

Johanna Rothman

FEBRUARY 27, 2024

I think of spreadsheets as an unintentional, but prime example of this. Team learning time requires that the team —not just the managers—think in flow efficiency. This image has an anonymized example of what occurred with a developer. I never had to experience CASE tools in the 90s. It doesn't work that way!!)

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Agile Tools Productivity Development 83