article thumbnail

"Process Mining"? Sounds Like a Waste of Time.

Markovitz Consulting

What kind of current state analysis only has interviews with no observational data? Fortunately, now there’s a host of companies providing process mining software that will eliminate all these problems and set you on a smooth glide path to success. But relying on software at the expense of direct observation is insane.

Software 124
article thumbnail

What is Consulting?

Tom Spencer

Consultants can perform a wide range of tasks including framing a business problem, synthesizing large amounts of data, undertaking research, interviewing employees, developing recommendations, and presenting findings to senior management.

Insiders

Sign Up for our Newsletter

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

article thumbnail

A Survey of 1,700 Companies Reveals Common B2B Pricing Mistakes

Harvard Business

Data-Driven Marketing. They bring data and business intelligence to bear on three variables for setting target prices: the attributes and benefits that each customer truly values, and how much value is created for them. Further, most companies can raise their game by adopting pricing software tools. Insight Center.

B2B 37
article thumbnail

How Advanced Analytics Is Changing B2B Selling

Harvard Business

A growing number of B2B companies are using data and analytics to add services that bring new elements of value to customers, and in some cases new sources of revenue. Data-Driven Marketing. Insight Center. Sponsored by Google. The science of storytelling and brand performance.

B2B 28
article thumbnail

Bots Won’t Just Help Us Buy Stuff. They’ll Help Us Become Better Versions of Ourselves

Harvard Business

Siri is super, Alexa is awesome, and Cortana’s quite clever, but better bots and digital assistants aren’t going to determine personal productivity’s data-driven future. Tomorrow’s most effective executives will merge and marry workplace data and analytics to digitally design more-productive versions of themselves.

article thumbnail

The Simple Economics of Machine Intelligence

Harvard Business

With semiconductors we could calculate cheaply, so activities for which arithmetic was a key input, such as data analysis and accounting, became much cheaper. – and then collected millions of miles of human driving data. In contrast, the value of film-related chemicals fell – we wanted less of them.

Film 28
article thumbnail

Why Boards Aren’t Dealing with Cyberthreats

Harvard Business

Yahoo’s disclosure in December of what could be the largest data breach in history was hardly an isolated incident. internet software & services, semiconductors, wireless telecommunication services); and Materials (e.g., chemicals, metals & mining, paper & forest products). Inadequate processes.