Strategic Planning and Management Insights

MARCH 6, 2023

SME Strategy is a strategy consulting firm that specializes in helping organizations align their teams and operations around a shared vision, mission, values, goals, and action plans. However, it's crucial to have a consistent and efficient method for tracking progress.

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Report Data Strategy Strategy 98

Harvard Business

APRIL 13, 2017

When I read the piece, it reminded me of a question executives often ask me when I talk to them about the benefits of behavioral economics or give them examples of how they could use it in their own organizations: “Aren’t you afraid it will be used with ill intent?” following the introduction of checklists. The result?

Efficiency 58

Efficiency Airlines Study Operations 58

Harvard Business

NOVEMBER 29, 2018

A core challenge of management is to ensure that the organization’s priorities, strategies, and metrics are consistently embraced and that any impediments are identified and addressed quickly. Metrics that are reported daily, such as “units at capacity.” CAPTION TEXT HERE/Getty Images.

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System Healthcare Metrics Operations 38

Harvard Business

AUGUST 1, 2016

An estimated 21% of carbon emissions in the United States are attributable to companies, and yet to date there is scant research on how to make firm operations more efficient in terms of reducing pollution. Changes in their behavior led to both lower carbon dioxide emissions (by 21,500 metric tons) and an estimated $5.4

Efficiency 28

Efficiency Metrics Study Groups 28

Harvard Business

OCTOBER 10, 2017

Every step of the process was measured, and real-time metrics were easily accessible. In Precision’s case, good tactical performance required developing rules, checklists, and standard operating procedures and then following them closely. Metrics emphasized speed. Every spot on every line was visible to managers.

Metrics 44

Metrics Engineering Operations Sales 44

1 to 1

DECEMBER 22, 2021

We see that investing up front in talent is the most efficient way to simultaneously improve your customer experience and your bottom line. In the training and development phases, employee or trainer performance metrics can be analyzed to find positive and negative outliers in performance during training and in live environments.

Strategy 26

Strategy Strategy Strategy& Talent 26

Harvard Business

AUGUST 3, 2018

This example illustrates that investors consider information beyond just earnings as value-relevant. The level and trend of a company’s top-line metric is an advance indicator of the success of its business model. Many of these metrics are disclosed in Facebook’s financial statements. What caused this slump?

Financial 28

Financial Report Company Metrics 28

Harvard Business

JANUARY 31, 2017

While some have invested significantly in technology, operational, and cultural changes, others are lagging behind. Other financial and operating indicators showed similar disparities. The broad deployment of digital technology requires rethinking both business and operating models. for leaders and 3.2% for laggards.

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Company Operations Data Benchmarking 28

Harvard Business

SEPTEMBER 19, 2018

But such a change would probably not change how resources are allocated or businesses operate. We then scored the quality of disclosure based on whether there is no disclosure, generic disclosure, backward-looking metrics, or forward-looking metrics for a category. They are rich, specific, and actionable.

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Metrics Financial Marketing Trends 35

Harvard Business

NOVEMBER 9, 2016

” Good management practices should already be in place — for example, effective budget practices and a stable staff schedule. Efficiencies gained in human resources and housekeeping can free frontline unit managers and clinical staff to spend more time at the patient’s bedside. Management “hygiene.”

Healthcare 32

Healthcare System Operations Metrics 32

Harvard Business

DECEMBER 7, 2017

All investment practices will consider environmental, social, and governance (ESG) metrics because some of those metrics are financially material, meaning decision-useful pieces of information. In both cases, social and environmental metrics matter for the business’s financial success.

Chemicals 28

Chemicals Industry Metrics Financial 28

Harvard Business

MAY 31, 2017

Before 1999 “performance” had a simple, unidimensional definition for health care leaders and their boards: It was shorthand for the CFO’s financial report, summarizing operating margins. The financial health of the organization was the most important metric for management and governance to follow. Insight Center.

Comparison 44

Comparison Financial Report Data 44

Harvard Business

MAY 24, 2017

So unlike your average patient, she described one 12-hour wait in the ER as having a “7% process cycle efficiency.” Like many patients, Jess felt her providers were delivering very little quality of care when defined by the one metric that mattered most to her: time. Jess was trained as a Six Sigma Green Belt.

Metrics 38

Metrics Education Operations System 38

Harvard Business

OCTOBER 6, 2016

Right now, for example, the hot topic is “digital leadership” — driving organizations to be more innovative, iterative, and collaborative as they develop digital strategies to disrupt or transform their current business. The culture at GE, for example, centers on execution, simplicity, and innovation.

Leadership 44

Leadership Deloitte Culture Pharmaceuticals 44

Harvard Business

APRIL 20, 2016

My favorite example was a Corporate Affairs team that had an ambitious agenda to work collaboratively to transform the perception of the organization among members of the public, the regulator, and three levels of government. I’ll use the example of a leadership team of a manufacturing plant to demonstrate the process.

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Meeting Operations Efficiency Leadership 28

Harvard Business

OCTOBER 8, 2018

We need a metric for humanity to evaluate the human capacity and connection among caregivers and patients. The National Taskforce for Humanity in Healthcare, of which I am a founding member, is piloting a system of metrics for well-being developed by J. In another example, Ronald A.

Metrics 28

Metrics System Healthcare Culture 28

Harvard Business

AUGUST 10, 2018

How companies are using artificial intelligence in their business operations. These planners will lead the charge in moving away from a traditional supply chain operating model, which is inflexible and slow, to a new dynamic model with true end-to-end segmentation. Their role: improve process efficiencies. Insight Center.

System 28

System Engineering Accenture Efficiency 28

Harvard Business

OCTOBER 21, 2016

Hoping to alleviate their concerns, this article also provides concrete examples of how sustainability benefits the bottom line. This can disrupt a firm’s ability to operate on schedule and budget. ” Improving risk management.

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Study Efficiency Productivity Operations 28

Harvard Business

JULY 6, 2017

The EU’s case asserts, among other things, that Google unfairly exploits its dominance in search engines and smartphone operating systems to restrict competition in shopping services, ad placement services, and smartphone app store markets. Google has appealed and is now preparing its defense.

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Company Engineering Operations Construction 33

Harvard Business

OCTOBER 27, 2017

However, like many of the companies surveyed by Bain, we were unsure how to connect our strategic vision around sustainability with meaningful operational changes. Our Thermo King manufacturing facility in Galway, Ireland, for example, is one of our first zero waste to landfill facilities. What lessons can we share?

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Company Strategy Strategy Strategy& 46

Harvard Business

JUNE 19, 2017

While initially designed to improve the responsiveness of software development teams, more recently agile has become the default team-based operational model for companies big and small, across industries and sectors, with the promise of a substantial and sustained spike in team productivity and efficiency.

Agile 28

Agile Software Case Interview Video 28

Harvard Business

OCTOBER 9, 2017

Overlooking these realities is perilous, both for the patient’s well-being and for efficient delivery of care. The physician-sherpa should be a partner on the journey, not simply a medical operative, extracting formulaic rules and implements from a toolbox. This work cannot happen in a vacuum of forced efficiency.

Guidelines 41

Guidelines Efficiency System Meeting 41

Harvard Business

JUNE 7, 2017

For example, they may think about cyber defense as a fortification process — if you build strong firewalls, with well-manned turrets, you’ll be able to see the attacker from a mile away. Replace your CEO’s mental model with new success metrics.

ROI 28

ROI Metrics System Data 28

Harvard Business

JUNE 1, 2016

Digital transformation halts, or fails, for many reasons—but most often it’s because minor changes at the surface level do nothing to affect the fundamental operations of a company. Consider your guiding principles, time and capital allocation patterns, and the key metrics that you track.

Industry 28

Industry Metrics Transportation Strategy 28

Harvard Business

NOVEMBER 23, 2016

In 2011, when I came to Centura Health in Colorado as President of its largest operating group (Mountains and North Denver Operating Group or MNDOG) and CEO of its flagship health organization, Saint Anthony Hospital, I saw a clear mandate for change. For example, one front-line nurse was incredibly dedicated to patient satisfaction.

How To 28

How To Healthcare Operations Leadership 28

Harvard Business

OCTOBER 23, 2017

Organizations often seem obsessed by measuring fractional shifts in operational performance, capturing data on sales, inventory turns, and manufacturing efficiency. What is the cause and effect of specific types of investment — for example, leadership development, large group events, and communications cascades?

Change Management 28

Change Management Data Company Management 28

Harvard Business

JULY 19, 2016

These include improving data-mining operations, helping with training, and making structured, repeatable tasks and processes far more efficient and less costly. For example, it took nearly a year to design, build, and implement ABIe. And they are finding the tools increasingly useful, of course, in dealing with online customers.

Company 28

Company Knowledge Base Insurance Insurance 28

Harvard Business

AUGUST 8, 2016

Looking at surgery as an example, our research suggests that the road ahead for improving patient safety will look different from the road behind. Nearly 65 million surgical operations were performed last year in the U.S., resulting in an estimated 200,000 deaths from complications or other post-operative issues.

Operations 28

Operations Research System Culture 28

Harvard Business

OCTOBER 1, 2018

Meanwhile, its transmission model reduces the costs of transactions, enables verification and efficient exchange of ownership, and opens the door to real-time micropayments. In most cases, the user will make a small micropayment (for example, one cent to read a news article). medical) information, and, even, electrical grid management.

Marketing 38

Marketing Advertising Media Video 38

Harvard Business

MAY 5, 2016

That process was quickly fixed — and illuminated the pathology of valuing productivity metrics divorced from UX. Commitment to efficient value creation invariably inspires more thoughtful investment in the quality — not quantity — of staff. Please note that question five directly feeds back to question one.

Enterprise 28

Enterprise Metrics Retail Productivity 28

Harvard Business

MARCH 6, 2018

As a test case, we decided to use the ML model we built to predict the performance of software projects against a host of delivery metrics. Using historic data from software projects, it trains a machine learning-based model to predict, weeks in advance, whether a problem is likely to occur. Training the model.

Software 28

Software Data Accenture Engineering 28

Harvard Business

JUNE 8, 2017

HDP is a third-party administrator with expertise in the development and management of travel surgery programs, providing strategic and operational management of this program. Administrative leaders experienced with their hospital’s operational network are needed when the necessary new care pathways and processes are disruptive.

Healthcare 28

Healthcare System Insurance Insurance 28

Harvard Business

DECEMBER 22, 2016

On December 7, Portland, Oregon, passed a law that will impose a surcharge on the local business taxes paid by corporations that operate in the city when the CEO’s compensation is 100 times or more the median earnings of the company’s employees. public corporations must file with the U.S. million (70% from stock-based pay).

Exercises 28

Exercises Report Pharmaceuticals Financial 28

Epicflow

JUNE 28, 2023

More and more business organizations are becoming data-driven – they are leveraging technology and data to gain actionable insights, improve operations and decision-making, and as a result achieve better outcomes. Also, data analytics makes it possible to make predictions, for example, foresee future challenges. How does it work?

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Data Management Resources Software 52

Organizational Talent Consulting

AUGUST 7, 2023

For example, a hierarchical corporate culture type is proven to decrease an organization's ability to innovate (Cameron & Quinn, 2011). Examples include what is displayed, office layouts, uniforms, identification badges, and discussed and not discussed. Examples include a company's vision and values or mission statement.

Culture 52

Culture Financial Leadership Deloitte 52

Harvard Business

NOVEMBER 17, 2016

Unless appropriateness standards are included, it is likely that operations will be performed on patients who don’t need surgery: quality and outcomes might be exemplary in this scenario, but the operation may be unnecessary. This is where the general concept of bundled services can be applied. But all bundles are not alike.

Operations 28

Operations Tools Groups Report 28

Harvard Business

MARCH 27, 2017

Organizations are also using these tools to improve maintenance, infrastructure planning, water conservation, and customer service (including repair efficiencies and pricing). In many parts of the world, the increased operational and infrastructure costs are simply passed on to consumers. For example, many U.S. As one U.S.

Industry 28

Industry Data Efficiency Tools 28