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Hospital Budget Systems Are Holding Back Innovation

Harvard Business

health care system. Explanations include their IT departments already have their hands full installing, maintaining, and upgrading electronic health record (EHR) systems. But much of the blame can be attributed to hospitals’ misaligned budgeting and incentive systems. Gillian Blease/Getty Images.

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

Progressus

Many pro services firms still use fragmented systems or analog methods like spreadsheets to manage projects. It prevents you from generating reliable cash-flow forecasts and makes it incredibly difficult to manage resources. This leads to poor visibility, inefficient processes, and, worst of all, inaccurate data.

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What is the Professional Services Industry All About?

Progressus

Gartner describes this concept as a platform-based system that supports an “internal gig economy.” 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.

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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. The Plan-then-Do approach is obsolete – even dangerous.