Remove 2015 Remove Efficiency Remove Productivity Remove Strategy
article thumbnail

Great Companies Obsess Over Productivity, Not Efficiency

Harvard Business

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. Productivity is about doing more with the same.

article thumbnail

Impact of Data Analytics in Consulting

Tom Spencer

“Data scientists, fast computers, and advanced software are replacing traditional decision-making processes and disrupting tried-and trusted traditional consulting methodologies, with Big Data being one of the main forces of disruption” ( Tras, 2015 ). The words “big data” have become a “buzzword” in the business industry.

Data 106
Insiders

Sign Up for our Newsletter

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

article thumbnail

Eight Tech trends of 2015

freshminds

Technology is constantly influencing the way that businesses run in 2015. So let's deconstruct the Tech trends of 2015. Facebook ads and Google Adwords are big players for funnelling the products and services of the internet to potential customers. 1) Dimensional Marketing. 2) Chief Integration Officers (CIOs). 7) Software.

Trends 40
article thumbnail

How to Activate Team Creativity and Innovation

Organizational Talent Consulting

Organizations searching for efficiency tend to hire and promote employees who conform to group norms and encourage unity. Evidence suggests that a servant leadership style improves employee productivity and creativity. According to US Department of Labor statistics from 2017, 47% of the workforce in the United States is women.

How To 87
article thumbnail

The Affordable Health Care Act: Are You Ready for 2015? |Women.

Women in Consulting

Learn more » White Papers & Resources: Empower Event Participants with Social Media Success with Independent Fundraising Events Nonprofit Social Media Strategy The Blackbaud Index of Charitable Giving Nonprofit Industry Research » view all white papers. © 2012 Blackbaud, Inc. © 2012 Blackbaud, Inc.

article thumbnail

3 Steps to Cultivate an Innovation Culture

Organizational Talent Consulting

The proven benefits of innovation include: increased competitive advantage improved operational productivity reduced costs and increased revenue improved commercial value enhanced problem-solving One modern innovation that is impressive to watch is SpaceX's reusable Falcon 9 (watch the video below). This culture highlights coming in first.

Culture 52
article thumbnail

Understanding the Costs and Causes of Employee Turnover

Tom Spencer

Retention efforts are especially important after the two-year mark because it can take up to two years for a new employee to reach a similar level of productivity as an existing staff member. This indicates that the employee has gotten up to speed with tasks, built working relationships with teammates, and has become a productive contributor.