BCG

MARCH 9, 2017

Article Thursday, March 09, 2017. Today, in just about every industry, companies are exploring—or pursuing—digital transformations to address multiple needs, including rising customer expectations and the need to adapt ever quicker to disruptive new business models and capabilities. Companies “get it.”

Telecommunications 61

Telecommunications Agile Survey Efficiency 61

Tom Spencer

APRIL 1, 2022

Blockchain technology is making a strong impact in the finance industry due to the fact that it enables decentralization and direct peer-to-peer transactions. Removing the financial intermediary, i.e. the bank, can increase convenience, efficiency, and security.

Energy 88

Energy Banking System Financial 88

Organizational Talent Consulting

MAY 8, 2023

This article provides insights into the proven benefits of a servant leadership style for businesses and employees, the dimensions and characteristics that set servant leaders apart, and an example of servant leadership from a global leader in the business services and supplies industry. Kirkwood, C., Shah-Manek, B., Welch, A., &

Leadership 68

Leadership Journal Pharmaceuticals Study 68

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. Headquartered in Boston, MA, Bain & Company is listed as the best place to work in Glassdoor’s 2017 awards list. Bain & Company. McKinsey & Company.

Training 59

Training Training Examples Boston Consulting Group 59

1 to 1

MAY 10, 2021

Finding contact center employees with the right skillset can be difficult for brands to do efficiently. Becoming More Efficient. Tasks get completed faster and more efficiently. When closing sales, speed and efficiency are the names of the game. Partner experts know how to act quickly and move to the next objective.

Sales 26

Sales How To Emotional Intelligence Efficiency 26

Harvard Business

MARCH 1, 2018

How did we get here, and what does it mean for the industry? That deal sent the price of Brent crude oil to above $70 a barrel in January, after the industry that had suffered through $54 per barrel oil on average in 2017. The news is all good for customers, but it makes planning for the industry players much more difficult.

Cash Flow 37

Cash Flow Transportation Balance Sheet Energy 37

Harvard Business

JULY 14, 2017

Daniel Suarez’s novel Change Agent describes a near future in which synthetic biology has reshaped every industry. It’s an illustration of how, just as the internet didn’t stop at revolutionizing the computer industry, the impacts of advances in synthetic biology won’t be limited to biotech.

Real Estate 53

Real Estate Engineering Transportation Industry 53

Harvard Business

MAY 4, 2017

But the security industry is a fast-growing market, with IDC pegging it as becoming a $101 billion opportunity by 2020. So why are we limiting security positions to people with four-year degrees in computer science, when we desperately need varied skills across so many different industries? million unfilled positions by 2020.

Talent 45

Talent Education How To Recruiting 45

Harvard Business

MAY 22, 2018

Many mature industries are experiencing significant technological disruption. Leaders in every industry are no doubt keeping a vigilant eye on such developments, yet one very important aspect of this disruption has been largely overlooked: technology fundamentally changes what makes your brand premium. JEWEL SAMAD/Staff/Getty Images.

Automotive 28

Automotive Sales Software Apparel 28

Harvard Business

AUGUST 21, 2018

Businesses understand the power of digital innovations to reshape industries and markets. Just four short years ago, GE CEO Jeff Immelt declared that “If you went to bed last night as an industrial company, you’re going to wake up this morning as a software and analytics company.” Simon McGill/Getty Images.

Company 36

Company Financial Marketing Research 36

Harvard Business

OCTOBER 29, 2018

Drawing on the concept of “efficiency wages,” some economists argue that higher pay can by itself improve performance by enabling companies to attract and retain better people and by motivating employees to work harder. In service industries like retail and fast-casual dining, that’s rarely the case.

Retail 35

Retail Operations System Transportation 35

Harvard Business

OCTOBER 2, 2018

Amazon’s 2017 acquisition of Whole Foods was met with a lot of fanfare. Tight cultures have an efficient orderliness and reassuring predictability, but are less adaptable. Rooted firmly in the manufacturing industry, Amazon has defined processes to maximize its efficiency. Yongyuan Dai/Getty Images.

Culture 46

Culture Operations Efficiency Guidelines 46

Emerson Consulting Group

JANUARY 31, 2019

These will often heighten your efficiency as to who should be considered a worthwhile prospect to meet with at all, thereby increasing each sales call’s likelihood of success. A few examples: size of company, revenue of company, industry your client companies serve, officer in company who typically makes the decision to hire you, etc.

Sales 40

Sales Conference Industry Productivity 40

Harvard Business

JUNE 1, 2017

No industry or sector is immune to hacking. At the beginning of 2017 Experian predicted that the health care sector would be the most heavily targeted vertical industry. A March 2017 report from the Identity Theft Resource Center indicated that more than 25% of all data breaches were related to health care.

Insurance 28

Insurance Insurance Financial System 28

Harvard Business

NOVEMBER 15, 2018

hospitals and health systems experienced an average 39% reduction in their operating margins from 2015 to 2017. As I speak with industry executives, a common refrain is “I’ve done all the easy stuff.” Patients need to flow through them efficiently or the hospital loses money, often in large amounts. As the U.S.

System 37

System Management Nonprofit Operations 37

Harvard Business

JANUARY 11, 2018

In 2017, according to Fung Global Retail and Technology, there were nearly 7,000 store closing announcements , the second-largest number since 2000. Operational excellence makes that possible by ensuring that merchandise is in stock and well displayed, checkout is efficient, stores are clean, and employees are responsive to customers.

Retail 28

Retail Operations Sales Training 28

Harvard Business

NOVEMBER 7, 2018

In recent years, much has been written about how the Blockchain is poised to transform traditional industries such as banking, real estate, and healthcare. Blockchain startups raised over $5 billion in 2017 through ICOs and over $12 billion through the first three quarters of 2018. Renee Comet/Getty Images. How ICOs Constrain.

Finance 28

Finance Software Government Real Estate 28

Harvard Business

NOVEMBER 15, 2018

Within this integrated learning environment, QF has also established the World Innovation Summit for Health (WISH), an initiative that gathers a global community of health experts, innovators, and policymakers to capture and transmit the best evidence-based ideas and practices in the health industry.

Education 36

Education Healthcare Research Tourism 36

Harvard Business

NOVEMBER 29, 2018

In this article, I’d like to share the insights we’ve gleaned from the model’s first full year of operation, which hopefully organizations in health care and many other industries will find useful. Accountability is vital to the efficiency of the process.

System 39

System Healthcare Metrics Operations 39

Harvard Business

OCTOBER 31, 2017

Fees earned from advising companies and helping them issue debt are up 25%, and now account for one-quarter of the industry’s earnings. As with all periods of disruption, the effects of these alterations have been uneven across the industry, and the competitive landscape has been reshaped on three fronts.

Banking 28

Banking Balance Sheet Financial Finance 28

SkillQuo

OCTOBER 10, 2018

Over the past few years, industries from enterprise IT to financial services have become more consumer-centric. The healthcare industry faces high regulatory burden and health incumbents that have not recognized their businesses face an existential threat. In healthcare, that change has come more slowly.

Healthcare 53

Healthcare Insurance Insurance Retail 53

Emerson Consulting Group

MAY 7, 2019

So inspired to uncover a solution to this, Henry took himself back to Harvard for a week to engage in an MBA-like “independent study” project, specifically aimed at how to fashion a “recipe” for pencil lead that would transform Thoreau pencils into an efficient product that everyone could use and love.

Case Interview 40

Case Interview Conference Travel Study 40

Harvard Business

APRIL 14, 2017

And in January 2017, McKinsey’s research arm estimated AI-driven job losses at 5%. How it will impact business, industry, and society. By the time he left Amazon in 2013, his group had grown from 35 to more than 1,000 people who used machine learning to make Amazon more operationally efficient and effective. The Age of AI.

Company 43

Company Survey Finance Engineering 43

Harvard Business

FEBRUARY 28, 2017

Almost every major financial institution in the world is doing blockchain research at the moment, and 15% of banks are expected to be using blockchain in 2017. To manage this without compromising the legendary security and robustness of blockchain is a difficult problem, but not an intractable one.

System 28

System Accenture Financial Banking 28

Harvard Business

OCTOBER 11, 2018

trillion on health care , or more than $10,000 per person, which is twice as much as any other industrialized country. Under the leadership of Anthony Tersigni, Ascension’s president and CEO, the organization has sought to become much more efficient at delivering health care. Bjarte Rettedal/Getty Images. America spends $3.3

Nonprofit 28

Nonprofit Insurance Insurance Operations 28

Harvard Business

DECEMBER 28, 2017

What do the most remarkable deals of 2017 tell us about this remix and its effects on our daily lives? The efficiencies of online business have continued to fell the old giants of retailing. But tech is disrupting even this newly restructured industry, as automobiles become computers on wheels. Our health. How we make things.

Healthcare 28

Healthcare Automotive Chemicals Retail 28

Harvard Business

JANUARY 5, 2018

In sales-driven companies (think pharmaceuticals and industrial equipment), they are often field sales managers who direct dozens of salespeople in the highest-volume regions. These are jobs in R&D, technology, and other areas vital to a firm’s strategic direction, product development, and process efficiency.

Talent 28

Talent McKinsey Apparel Sales 28

Harvard Business

OCTOBER 22, 2018

When Hurricane Maria struck Puerto Rico in September 2017, it became one of the deadliest storms ever to hit the island. We’re now looking into developing other businesses and strengthening our presence in other industries. In terms of the media company, we needed to revise processes and look for efficiencies.

Media 36

Media Company Real Estate Advertising 36

freshminds

SEPTEMBER 22, 2015

This figure will only continue to increase and it's estimated that $90 billion worth of mobile payments will be made by 2017. In the retail world, payment apps aim to make mobile buying easier, and industries should ensure they integrate these new options into their mobile shopping experiences.

Retail 40

Retail Comparison Sales Media 40

Harvard Business

JUNE 13, 2018

Generally, these mergers create opportunities for operating efficiencies and innovative new products and services with the combined assets of the merging companies. In 2017 Netflix, Hulu, and Amazon dominated the Emmy awards , scoring 125 nominations. The internet has fundamentally disrupted every aspect of the media industry.

Media 28

Media Government Video Advertising 28

Tom Spencer

AUGUST 25, 2018

Blockchain has shown the ability to streamline and revolutionize a number of industries and sectors and its ability to have a sizeable impact on the healthcare industry will be no different. Roughly 16% of the executives surveyed expected to use blockchain technology by 2017. Blackstone, Erwin A, et al. 4, 2014, pp.

Healthcare 60

Healthcare Data System Pharmaceuticals 60

Tom Spencer

JUNE 24, 2022

Blockchain has already had a significant impact in the finance industry with the global cryptocurrency market cap now exceeding $1 trillion. Blockchain looks set to be deployed in many other industries. In 2017, Protokol estimated that $1.2 trillion worth of luxury goods were counterfeit.

Government 88

Government Insurance Insurance System 88

Tom Spencer

OCTOBER 20, 2018

Because virtually any type of information can be digitized, codified and placed onto a blockchain (a database that is tamper-proof and permanent), the technology’s potential to impact various industries is significant. This would be of incredible value to the industry as it is estimated that 65% of all fraudulent claims go unnoticed.

Insurance 60

Insurance Insurance Financial Efficiency 60

Tom Spencer

JULY 6, 2019

By targeting consumers that were unsatisfied with their banking experiences, fintech has developed a mass following by appealing to the consumer desire for easier and more time efficient systems to carry out financial transactions, manage finances, obtain advice, and make investments. References: EY(2017) EY FinTech Adoption Report 2017.

Financial 60

Financial Banking System Finance 60

Tom Spencer

OCTOBER 24, 2020

Consolidation in the banking industry. In 2017, initial coin offerings (ICOs) were also banned in China as a form of “public financing without approval”. Formerly industrious small business owners may see themselves transformed into low-skilled low-paid fulfilment centre workers with no equity stake in their local communities.

Banking 88

Banking Government System Policies 88

Tsavo Neal

JANUARY 25, 2018

All businesses, regardless of industry, have become what I call O2O businesses—their primary marketing objectives are focused on driving people online to drive them offline. Commenting on popular blog articles in your industry. Are there any online events in your industry that could work? Jon Jantsch, Duct Tape Marketing. ?

Consulting 68

Consulting Advertising Case Interview Conference 68

MishTalk

JUNE 23, 2014

Moreover, driverless truck convoys will be safer and more fuel efficient than human-driven trucks. " The trucking industry is very interested in going from single trucks to convoys of trucks. Self-driving trucks before the end of this decade used to seem like a remote possibility. It now seems very likely, if not a given.

Transportation 78

Transportation Guidelines Engineering Wireless 78