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How to Understand Key Metrics in a New Industry

Tom Spencer

All industries use numbers and metrics to describe performance, measure trends, and allocate status. Using the metrics for decision making. The first step to understanding a new set of metrics is to put them into context. By adding a reference point one can better understand the impact and significance of the metrics.

Metrics 88
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How B2B Software Vendors Can Help Their Customers Benchmark

Harvard Business

Mainstream software companies are beginning to hold “ data mirrors ” up to their customers, allowing scoring and benchmarking of their customers’ strategies. One of its business units, Fieldglass, provides insights and benchmarks to customers on external workforce management.

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Retail Bank Operational and Digital Leaders Reap the Rewards

BCG

BCG’s Retail-Banking Excellence benchmarking study (REBEX) profiles the operational and digital practices and performance of 20 of the world’s leading retail banks, a group of 40 institutions chosen for their size and the strength of their capabilities. We refer to these banks as the “premier league.”

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Managing Risks and Controlling Projects: How Data-Driven Project Management Come in Useful for Multi-Project Environments

Epicflow

Risk-Based Project Planning with Reference Class Forecasting Reference class forecasting is another efficient technique that has an advantage compared to others, for example, machine learning or Monte Carlo simulations: it doesn’t require that much data, namely, only the data from past projects is needed. Mario Vanhoucke (2018).

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Why CEOs Can’t Dance Redux

Rick Conlow

Dancing here refers to engaging, supporting, and communicating with employees in multiple ways. CEOs focus on data, facts, figures, and metrics. Do you want to benchmark your career with the habits of extraordinarily successful people? Most still sequester themselves in the penthouse office of the corporate headquarters.

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When to Seek Help from a Coach for Case Interviews

Tom Spencer

You need to benchmark your performance. Ask for unfiltered feedback with quantifiable metrics. Having your coach refer someone who they think has already mastered the skill you are working on can be a great way to learn from others and get practice before your next coaching session or interview. When to seek out a coach.

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B2B Salespeople Need to Act More Like Travel Agents

Harvard Business

By 2012, our research shows, nearly 60% of a typical B2B purchasing decision — researching solutions, ranking options, benchmarking pricing, and so on — was happening before the buyer even had a conversation with a supplier. But the software company asks the customer reference to candidly discuss their purchase process.

B2B 29