How to turn marketing efficiency into growth

McKinsey

At Western Union, fueling growth starts with taking a hard look at how effective current marketing programs are. Chief Strategy, Product and Marketing Officer Libby Chambers explains how it’s done. Our Insights

Efficiency vs Fairness

Tom Spencer

On Thursday 23rd of June, the British people voted by a majority of 52% to 48% to leave the EU. This is a monumental event, and it is worth trying to piece together what happened, and what some of the implications might be. The voter turnout was strong with around 72% of voters casting a ballot. However, the results showed significant division within the UK, with different regions and demographics supporting different sides of the argument.

Great Companies Obsess Over Productivity, Not Efficiency

Harvard Business

Business leaders often think of “efficiency” and “productivity” as synonyms, two sides of the same coin. When it comes to strategy, however, efficiency and productivity are very different. This view differs substantially from the relentless focus on efficiency that has characterized management thinking for most of the last three decades, but it is absolutely essential if companies are going to spur innovation and reignite profitable growth.

An efficient operating model for US regional banks

McKinsey

To break out of a performance rut, US regional banks must fundamentally redesign and simplify their operating models. Our Insights

Sustainable compliance: Seven steps toward effectiveness and efficiency

McKinsey

Banks do not control the demand for compliance, but they can optimize the effectiveness and efficiency of their response. Our Insights

HR Metrics: How to Calculate Cost Per Hire

The Clever Consultant

Metrics HR Efficiency human resources Recruiting CostsCost Per Hire (CPH) is one of the most common HR metrics used to measure recruiting effectiveness.

How Companies Are Using Machine Learning to Get Faster and More Efficient

Harvard Business

Although machine-reengineering is new, companies are already seeing striking results with it, particularly in boosts to speed and efficiency. Workers can become more efficient and effective, which improves workflows as well as the bottom line.

Rolling Back Fuel Efficiency Is a Bad Deal for Everyone — Including U.S. Carmakers

Harvard Business

” Let’s explore the impacts of one of the most prominent examples of regulatory retrenchment in the works: the rollback of auto fuel efficiency standards. Department of Transportation review the previously agreed-to fuel efficiency marks. ” A weakening of efficiency standards may save the automakers some money in the short-run, and the press is certainly calling it a “victory” for the auto giants.

How to Win with Automation (Hint: It’s Not Chasing Efficiency)

Harvard Business

” So the key to winning in the era of automation, where robots do jobs formerly performed by humans, is not simply more efficiency, but to explore and identify how greater efficiency creates demand for new jobs to be done. In 1900, 30 million people in the United States were farmers. By 1990 that number had fallen to under 3 million even as the population more than tripled.

Technology That Improves the Customer Experience and Boosts Efficiency

1 to 1

Over the years, there have been quite a few technologies that have emerged that offer the double threat of strengthening the customer experience while improving operational efficiency. These include self-service tools, mobile field service applications, and systems used to support crowdservice forums. Add inContact''s new outbound predictive dialing system to the mix. There’s more… To read the rest of this blog posting click here or visit www.1to1Media.com/weblog.

Consultant Ninja: Information Visualization Irony: Management.

Consultant Ninja

It lacks functionality and an efficient UI, and is overpriced." - Andy Holaday "Its a cascading hierarchy of awfulness, which almost makes it challenging to critique!" - Tim Wilson "But it’s not just the people with the purse strings who will buy something because its a) pretty, b) expensive and c) they’ve heard of it." - N Barrett. skip to main | skip to sidebar. Consultant Ninja.

5 Best Practices for Attracting Ideal Consulting Clients

Consulting Success

This creates more leverage, efficiency and creates better results for clients. I’m in Mexico as I write this overlooking a beautiful tropical landscape. I just got off a call with a coaching client who has seen significant growth in their business.

Continuous Improvement for Nonprofits

The Nonprofit Consultant

In any economy, non-profits need to run efficiently. Tags: continuous improvement processes Nonprofit management efficiency From Guest Blogger: Brian Leitten. Mr. Leitten is an experienced non-profit leader and consultant, chief executive and attorney. He provides consulting services nationally to non-profit leaders from his office in Port Orange, Florida. He can be reached at Leitten Consulting - consulting.leitten.com.

The Power of Making More Consulting Offers: Video

Consulting Success

When you see that they have a problem or they want to achieve something, and then you can help them to get there in a more successful way, a more efficient way, where you can provide real value and results for them. Transcript: Let’s talk about offers.

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How to Establish Value in Your Consulting Fees

Consulting Success

Improvement in efficiency. Would earning 100%, 200% even 300% more than you are now with your consulting fees be of interest?

Why the Construction Industry May Be Robot-Proof

Strategy+Business

There is something unique about building houses that inherently eschews efficiency and automation

2 Time-Tested Keys to Becoming a Successful Consultant

Consulting Success

The more clarity you have, the more efficient and effective your marketing strategy will become. Once you have a compelling message that resonates with your ideal client you will need an efficient way to put that message in front of them.

Proven 4 Stage Consulting Project Process: Video

Consulting Success

That’s very beneficial, because it allows you to run in a much more efficient way and also much more profitable. Then, you can adjust the rest of your service delivery based on what you find here, so you can ensure that it’s much more efficient and effective.

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Doubling a $400,000 Revenue Model With Business Trainer Blair Enns: Podcast #22

Consulting Success

A productized service business is about efficiencies and scale and a finite number of offerings that set prices.

How to Turn Today’s Proposal Failure into Tomorrow’s Consulting Success with JT Badiani: Podcast #10

Consulting Success

He knows how to critically evaluate a program to make it more efficient and streamlined. Failure means a lesson has been learned. What are you going to do with your new knowledge?

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The Imperfect Job Market

Strategy+Business

The persistence of shortages in a range of industries indicates the market is far from efficient

4 Principles to Grow Your Consulting Business

Consulting Success

If you want to improve any aspect of your business or personal life, do it collaboratively – find the person or group that can help you achieve your goals faster and more efficiently. I used to compete against an Olympian – a guy I called The Incredible Hulk.

Agile with a capital ‘A’: A guide to the principles and pitfalls of agile development

McKinsey

Understanding the true principles of agile can give companies the ability to work quickly, boosting efficiency and product success, and, ultimately, creating real, lasting value. Our Insights

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The Labor Market Needs Visible Hands

Strategy+Business

The persistence of shortages in a range of industries indicates the market is far from efficient

Public–private collaborations for transforming urban mobility

McKinsey

Partnerships that let cities take advantage of new mobility services should make urban transportation more accessible, affordable, and efficient. Our Insights

The Magic of Predicting Demand from Data

Strategy+Business

Using digital technology and data, demand sensing allows for a far more efficient supply chain, too The application by companies of demand sensing can significantly improve their ability to predict when consumers might demand a product.

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How solar energy can (finally) create value

McKinsey

The keys to improvement are better capital and operational efficiency. The market for solar power is growing faster than ever, but profitability has been lagging. Our Insights

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From Zero to $300,000 in 18 Months — An Interview with Organizational Development Consultant Betsy Jordyn – Episode 2

Consulting Success

In this episode, Betsy shares the benefits of identifying and narrowing in on a specialized area of expertise, her advice on how to efficiently take control of client requests in order to deliver a more valuable assessment, and how to determine if organizational development consulting is the right fit for you. Consultants can increase their value by identifying and focusing on natural strengths and limiting their specialized area of expertise.

The next frontier for digital technologies in oil and gas

McKinsey

Harnessing new technologies could boost efficiency—a mandate that’s especially important for oil and gas players globally. Our Insights

Bend, Don’t Break: How Shale Operators Can Survive Volatile Commodity Prices

BCG

Shale operators must do what is necessary to negotiate today’s highly challenging environment while maintaining the gains they have made in operational efficiency and positioning themselves for a volatile future. Focus Tuesday, March 21, 2017.

Intelligent process automation: The engine at the core of the next-generation operating model

McKinsey

Here’s how to use them to enhance productivity and efficiency, reduce operational risks, and improve customer experiences. Full intelligent process automation comprises five key technologies. Our Insights

Transforming HR and culture: An interview with Banco de Crédito del Perú’s Bernardo Sambra

McKinsey

An HR leader describes how an effort to increase his bank’s efficiency meant challenging the bank’s culture—and himself. Our Insights

How IT can drive agile development

McKinsey

A simple idea: update your operating model to be able to build small, self-contained teams that create change quickly and efficiently. Our insights

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What it really takes to capture the value of APIs

McKinsey

For companies who know how to implement them, they can cut costs, improve efficiency, and help the bottom line. APIs are the connective tissue in today’s ecosystems. Our Insights

Rethinking pharma productivity

McKinsey

Six situations present opportunities for executives to reignite programs that optimize efficiency and cost. Many companies’ efforts to do more with less have stalled. Our Insights

Six Secrets to Getting More Done with the staff you have

Peter Stark

After all, they work most closely with your processes and have the best ideas about how to create efficiency. One leader we know ran a contest with her team to see which employee could come up with the best idea to improve efficiency.

Tips on How Consultants Can Balance Working Long Hours and Managing a Healthy Life

Steve Shu Consulting

An end goal might be to target roughly 60 hours of work per week on average, and that requires prioritization and efficiency. Consultants do work long hours. Not as bad as investment bankers though. In my opinion, it takes a conscious effort to have a healthy lifestyle in consulting.

Does the global business services model still matter?

McKinsey

Yes, but for these centralized groups to succeed in a digital era, leaders must focus on agility, customer service, and talent development, in addition to cost reduction and process efficiency. Our Insights

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Yelling upstairs

Seth Godin Blog

When you're cooking breakfast and the school bus is coming in just a few minutes, it's tempting (and apparently efficient) to yell up the stairs. Not efficient, but effective.

Six Essentials for Achieving Postmerger Synergies

BCG

Why do so many mergers fail to deliver the promised cost reductions, improved efficiencies, or bigger revenues? Focus Friday, March 17, 2017. One of the main reasons is that companies don’t take a disciplined approach.