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How to Improve Operational Efficiency in Project-Based Organizations

Epicflow

Among other things, this can be achieved by improving a company’s operational efficiency. How is it possible to increase operational efficiency in project-based organizations? What Is Operational Efficiency and Why Improve It? Improving operational efficiency means delivering more output with the same or less input.

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Critical Analysis Skills can put you a Step Ahead

Tom Spencer

Innovation is of great importance to corporations as new methods can be used to operate more effectively and efficiently, which can ultimately impact profitability. Based on a recent conversation with Yinka, below is a summary of three main ideas as to how critical analysis skills can benefit young professionals: 1.

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Consulting 101: Operations, Hierarchies, and Types of Firms

Tom Spencer

In this short post, we will briefly explore how consulting firms work, the hierarchy within firms, the main types of firms, and a few ways to learn more about a particular firm as you chart your career path, prepare your applications, and get ready to matriculate into the consulting industry. How do Consulting Firms Work?

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How to Uncover the Root Cause of Poor Performance

Consulting Matters

STEP 2: DO A ROOT CAUSE ANALYSIS. Are tools and equipment operative? Document Operating Guidelines. Where and when does the problem appear? What impact does it have? What is the difference between good and poor performance? What has been done to solve the problem? Knowledge and Skill. Did they ever perform the task properly?

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How to Uncover the Root Cause of Poor Performance

Consulting Matters

STEP 2: DO A ROOT CAUSE ANALYSIS. Are tools and equipment operative? Document Operating Guidelines. Where and when does the problem appear? What impact does it have? What is the difference between good and poor performance? What has been done to solve the problem? Knowledge and Skill. Did they ever perform the task properly?

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How to track company work time on Airtable

Asamby Consulting

This article is the third of a series of posts on how to build a company "operating system", the infrastructure that functions as a backbone of your most common tasks and daily activities. In particular in this article we focus on how to track company time on Airtable in order to be able to run analysis and optimization activities.

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Main Risks of Aerospace Engineering Projects: How to Implement Wise Risk Management into Your Organization

Epicflow

What are the most typical risks associated with aerospace engineering projects, and how to manage them effectively? We’ll consider two sides of risk management in aerospace engineering: managing project risks and operational risk management outlined in the aerospace quality management standard AS9100. . Operational risk management