Tom Spencer

MARCH 21, 2020

Successful startups grow by building a product or service that meets the needs of customers. Improve your processes and invest in technology. Disclaimer: The views expressed in this article are those of the author. We have seen this pattern repeat itself far too many times.

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Progressus

NOVEMBER 10, 2023

Technology combined with data is a matter of life and death for professional services firms where the “product” is a combination of insights and expertise. They also continuously rework processes to better meet client needs, reduce waste, boost productivity, and move faster to stay ahead of competitors.

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Harvard Business

OCTOBER 4, 2018

To find more time, leaders will need to identify opportunities to eliminate work, reduce workload, or improve productivity by working closely with their teams. By eliminating these lower-value internal projects, our teams were able to engage with our customers more deeply, leading to increased product adoption rates.

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Harvard Business

OCTOBER 23, 2018

Jetta Productions/Getty Images. has lost what Harvard Business School’s Willy Shih calls the “ industrial commons ”: indispensable production skills and capabilities. has lost what Harvard Business School’s Willy Shih calls the “ industrial commons ”: indispensable production skills and capabilities.

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Harvard Business

AUGUST 30, 2018

Productivity (revenue divided by expense) increased by 20% year over year (far more than the 9% increase in revenue that the control group stores averaged); customer satisfaction increased by 11% (the control group saw it decrease by 4%); and sales increased by 8% (the control group saw only a 2% increase). million in annual benefit.

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Harvard Business

AUGUST 4, 2017

Not only does taking vacation contribute to enhanced productivity but it also immunizes our teams against the toxic negative attitudes that can be contagious in the workplace. A 2015 HBR article by Ron Friedman is a treasure trove of facts about the benefits to reaction time, creativity, and engagement. Photo by Vicko Mozara.

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Harvard Business

MAY 18, 2017

billion by 2050, and to feed that number of people, global food production will need to grow by 70%. For Africa, which is projected to be home to about 2 billion people by then, farm productivity must accelerate at a faster rate than the global average to avoid continued mass hunger.

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Harvard Business

OCTOBER 29, 2018

Higher wages are also necessary for many companies that are stuck in a vicious cycle of bad jobs, bad operations, bad customer service, low productivity, and high costs. Companies that adopt this practice will not only be better employers; studies have shown that stable retail schedules can also drive sales and labor productivity.

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Harvard Business

SEPTEMBER 11, 2017

Your #1 focus at this stage is product-market fit. Customers are integral to this process because they provide feedback, and every member of your team should be answering support requests, meeting with customers, and thinking about how to build a product that suits the needs of the market. What to do. What not to do. What to do.

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Harvard Business

JUNE 2, 2016

In the pre-digital era, product and service development was usually conducted by experts working inside firms or through expert vendors hired by those firms. In the specialist mode, companies will create new products and services by pushing the envelope of product performance, with improvements allowed by digital design.

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Harvard Business

AUGUST 1, 2017

Platform companies invest in virtuous cycles to solve problems; more-traditional firms invest in process improvement to solve problems. Online recommendations, divorced from high-pressure sales pitches, proved an excellent gateway for industry customers to get up to speed on complex product lines. ” So they did.

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Harvard Business

OCTOBER 9, 2018

If you have a massive increase in urgent work, you may need to suspend nonurgent work entirely, such as a project with no deadline, process improvement items, or networking meetings. Not only will you feel burned out and resentful but you will also lessen your productivity. Kolb and Sharon M. Pause the nonurgent. Ask for help.

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Harvard Business

APRIL 2, 2018

Consider an organization seeking productivity gains with its machine learning program. This in turns subverts the hoped-for productivity gains. Doing so is simply good practice (though many unwisely skip it), and it may help you make the process improvements you’ll need to use your predictive model in future decisions.

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Harvard Business

APRIL 12, 2016

Over the past couple of years, we have collaborated with the leadership development team at Cargill, one of the world’s largest global agricultural processing and distribution companies, to apply these ideas in a program for high-potential managers called “Leading in a Complex World.” One experiment generated a 2.6%

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Harvard Business

APRIL 20, 2017

He found that increased transparency led workers to conceal information, even when that information was beneficial, such as process improvements they’d discovered. We also found that clueless, well-meaning people, like Ali, might be in the minority.

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Harvard Business

JUNE 6, 2018

It’s also important to explain the changes that would have happened anyway — for example, process improvements, strategic shifts in the market, and realignment of structures — regardless of what is happening due to the integration process. Create a dedicated deal team.

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Harvard Business

JUNE 20, 2017

For example, a key source of concern for some companies is more-restrictive rules of origin, which would reduce the amount of materials allowed to be used tariff-free for products traded to and from NAFTA member countries. So, if a company manufactures products in Mexico to export to Canada and the U.S.

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