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Leadership Tip #13: For Innovation, Remove at Least One Policy or Procedure a Week

Johanna Rothman

Now, these same managers want business agility. The more we remove, the more agility or improvement we might see. As the teams used agile approaches, they requested more and more frequent deployments. Money Policies to Manage Cash Flow. A lot of the friction we see is anti-agility. What about guidelines?

Policies 131
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7 Critical Success Factors for Project Based Firms to Consider in 2024

Progressus

For example, if your CSF is improving service quality, you might use KPIs like average resolution time, first-time fix rate, or customer satisfaction scores to understand how you’re performing in this area. It prevents you from generating reliable cash-flow forecasts and makes it incredibly difficult to manage resources.

Agile 52
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What is the Professional Services Industry All About?

Progressus

The benefit there is, firms can tap into hard-to-find skills as needed and scale resources up or down in response to demand — essentially, allowing them to embrace a more agile approach to running the business. For example, consulting firm BCG partners with customers to jointly launch new ventures.

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Hospital Budget Systems Are Holding Back Innovation

Harvard Business

Consider, for example, a surgical patient who starts in the pre-operative area, then moves to the operating room, the post-anesthesia care unit, and the inpatient floor, with occasional side trips for imaging, testing, and physical therapy. Insight Center. Health Care’s New Frontier. Sponsored by Optum.

System 28
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Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business

In fact, 2018 may mark the first year shale producers will be able to fund future expansions of drilling programs through their own cash flow. Last year, for example, India, which imports about 80% of its crude requirements, began importing oil from the US for the first time in its history.

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5 Ways the Best Companies Close the Strategy-Execution Gap

Harvard Business

Today’s successful companies close the strategy-to-performance gap with a new strategy approach best described as “Decide-Do/Refine-Do” This agile, test-and-learn approach is better suited to today’s tumultuous environment. Take Dell Technologies, for example. Test and learn, then test some more.