article thumbnail

Avoiding Costly Business Mistakes With Consultants

Business Consulting Agency

Operational Inefficiencies: Mistakes in operational processes can lead to inefficiencies, wasted resources, and increased overhead costs. Their expertise spans strategic planning, financial management, operations, and beyond. The tangible impact of consulting services is reflected in case studies and quantifiable metrics.

article thumbnail

Case Study: Can You Fix a Toxic Culture Without Firing People?

Harvard Business

Editor's Note This fictionalized case study will appear in a forthcoming issue of Harvard Business Review, along with commentary from experts and readers. She’d gone to Arkansas to review operational plans and financial projections for the rest of the year with the team on the ground. Do we join hands and sing Kumbaya?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Can Consulting Make a Positive Social Impact?

Tom Spencer

Let us look at an example as a sort of case study. Projects have ranged from database management and data survey to impact assessment and market research. The innovators also attend skill sessions, where they learn about topics from survey building to project management.

article thumbnail

3 Tactics for Accelerating Company Performance Despite an Economic Downturn

Organizational Talent Consulting

Only operating in the short term or taking too much risk and gambling on one specific future are frequent traps leaders fall into when facing economic uncertainty. In the following video, Dr. Chermack provides an overview of the process using a small business case study. Performance Accelerator 1: Scenario Planning.

Company 52
article thumbnail

A Survey of 3,000 Executives Reveals How Businesses Succeed with AI

Harvard Business

And AI success stories are becoming more numerous and diverse, from Amazon reaping operational efficiencies using its AI-powered Kiva warehouse robots, to GE keeping its industrial equipment running by leveraging AI for predictive maintenance. Investment in AI is growing and is increasingly coming from organizations outside the tech space.

Survey 32
article thumbnail

Why CEOs Can’t Dance Redux

Rick Conlow

They operate in a bubble and do not attend the party. Consider GM as a case study. A global IBM study found that 33% of CEOs had engineering degrees and another 15% had finance degrees. No wonder the #1 issue on employee engagement surveys is the lack of communication.

article thumbnail

New Technologies in the Insurance Landscape (Part 1 – Artificial Intelligence)

Tom Spencer

What’s more, the digital revolution is demanding internal changes to drive digital transformation within the organization and operate in more cost-effective ways. Case Studies. Case Study 1: New market entrant Lemonade is already making waves in the home insurance sector with its Chatbot AI called Jim.