article thumbnail

Transformational Leadership: Changing Culture to Fuel Financial Success

Organizational Talent Consulting

An Examination of the Importance of Leadership Behaviors and Attributes on Shaping Culture Executive Summary Organizational culture is a critical factor in financially successful companies. Leaders with dynamic transformational leadership attributes and behaviors are effective culture change agents.

Culture 52
article thumbnail

How Centralization Decisions Create Friction, Increase Cycle Time, and Cost Money, Part 1

Johanna Rothman

You know who that “overhead” is: the people who support the business, such as finance and HR. The musical chairs game focuses on resource efficiency. It disregards flow efficiency , management experience, and how the best managers support their teams. And, the managers. Each department also had their assistant.)

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Use Flow Metrics to See if Your Economies of Scale Offer Value, Part 3

Johanna Rothman

Flow Efficiency In How Centralization Decisions Create Friction, Increase Cycle Time, and Cost Money, Part 1, I discussed how removing support staff for departments and managers created longer cycle times. Now, it's time for Economies of Scale and how that ties into resource efficiency thinking. See the Wikipedia article.

Metrics 63
article thumbnail

How to Win Your Consulting Case Competition

Tom Spencer

For example, if a case is related to business, it is likely to involve questions about finance and accounting, strategy, and marketing. You might choose a finance major, a marketing major, and a sociology major. Thus, it is useful to find people that have skill sets in those areas.

How To 88
article thumbnail

Synergy Unleashed: The Power of Great Teamwork

Rick Conlow

Our assessment identified a silo mentality throughout the organization and minimal leadership development or training. We addressed the issues with new communication channels, customer service and quality initiatives, on-going quality leadership training for all leaders (executives, too), and team development applications.

article thumbnail

The AI and ChatGPT Boom: What You Need to Know

Comatch

However, AI could help consultants work more efficiently. Here are some scenarios where we envisage ChatGPT leading to better results and increasing efficiency in consulting. However, AI can have both positive and negative consequences in finance. You should also be wary of becoming over-reliant on programs like ChatGPT.

article thumbnail

What gives Charity Managers a leading edge? Balancing commercial management with a social heart

The Management Centre

Every penny matters, because by being efficient and effective it means we can support more and more people. We set out to find an external partner who could bring in ideas that our managers could relate to, and who could complement our current in-house leadership offer. I’m really pleased that we found =mc Learning. =mc: