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Increasing Profitability In Times of a Crisis: How the Right Approach to Project and Resource Management Can Help Improve Business Outcomes

Epicflow

The right approach to project and resource management can really help business organizations to become profitable and competitive even during tough times. For a great number of companies, the previous recession has become an impetus for reviewing their project management processes and making them maximum efficient.

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It’s Not “Time Management.” It’s Lean.

Markovitz Consulting

Of course, software firm 37 Signals has been operating four-day work weeks over the summer since 2008. Indeed, a recent survey by the Society of Human Resource Management indicates that fifteen percent of companies offer a 32-hour workweek.

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Main Risks of Aerospace Engineering Projects: How to Implement Wise Risk Management into Your Organization

Epicflow

So, the importance of risk management cannot be overestimated – it’s better to stay ahead of all possible threats to your project. . What are the most typical risks associated with aerospace engineering projects, and how to manage them effectively? Project management risks. Managing the supply chain. Talent management. .

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Creating a Risk Register: All You Need to Know

Epicflow

Project management goes hand in hand with uncertainty and risks. For this reason, identifying and managing project risks gains even more importance these days: it significantly increases the chances for a project to keep afloat. . One of the important components of project risk management is creating a risk register.

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Matrix Structures and Virtual Collaboration (Kates and Erickson, Handbook of High Performance Virtual Teams, 2008)

Kates Kesler

Chapter in The Handbook of High Performance Virtual Teams, 2008. The need to integrate resources and reconcile opposing objectives creates the challenge of designing mechanisms that will foster true collaboration, instead of simple compromise. Virtual Collaboration in a Matrix Organization. Amy Kates and Paul J.

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A New Quest for Consultancy: Transitioning from Just-in-Time Logistics

Tom Spencer

For instance, in the lead up to the 2008 Great Recession, McKinsey actively promoted mortgage securitization , alongside EY which was involved with Lehman Brothers’ accounting fraud allegations [pdf]. The 1973 Oil Crisis exposed the vulnerability of resource-intensive manufacturing. Image: Pixabay.

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Going into Consulting in a World Changed by COVID-19

Tom Spencer

If we learned anything from the 2008 financial crisis, it is fair to say that in lean times private sector organizations have less resources available to invest in consulting. In 2008, consulting projects still went on, but they shifted more towards necessary functions or cost management projects.