article thumbnail

Want Business Agility? Rethink Your Easy Career Ladders, Part 4

Johanna Rothman

You want business agility. The people and teams continue to experiment with agile behaviors. Every team's agile journey is unique. So is each manager's agile journey. If some people aren't sure, they might not be as far along in their agile journey. These folks have to manage the organization's cash flow.

Agile 51
article thumbnail

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

Progressus

It prevents you from generating reliable cash-flow forecasts and makes it incredibly difficult to manage resources. Agility Evolution Agile transformation represents an ongoing effort to improve efficiency and effectiveness of the organization. Bad data, in turn, leads to inaccurate timelines, estimates, budgets.

Agile 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

What is the Professional Services Industry All About?

Progressus

Client Trends and Factors Disrupting the Professional Services Industry For professional services firms, it’s getting harder to meet client expectations and win new business – even though demand remains strong as clients rely more on experts to help them navigate their post-COVID comeback.

article thumbnail

Hospital Budget Systems Are Holding Back Innovation

Harvard Business

A department running over its budget during a fiscal year must reduce its expenditures to meet the annual spending target regardless of the consequences in future years. Problem 2: Rigid annual operating budgets. Hospitals typically budget on an annual basis.

System 28
article thumbnail

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

Harvard Business

oil supply may be enough on its own to meet all of this year’s growth in global oil demand. 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. Even more potentially destabilizing for major players, the expected surge in the U.S.