article thumbnail

7 Critical Success Factors for Project Based Firms to Consider in 2024

Progressus

Like KPIs, critical success factors play a key role in setting goals and driving improvements – but they’re far from interchangeable. For example, if your CSF is improving service quality, you might use KPIs like average resolution time, first-time fix rate, or customer satisfaction scores to understand how you’re performing in this area.

Agile 52
article thumbnail

How People Analytics Can Help You Change Process, Culture, and Strategy

Harvard Business

In core functional or process transformation initiatives — which are often driven by digitization — we’ve seen examples of people analytics being used to measure activities and find embedded expertise. Often times, facts can change the conversation from tired head-nodding to curiosity.

Culture 47
Insiders

Sign Up for our Newsletter

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

article thumbnail

Synergy Unleashed: The Power of Great Teamwork

Rick Conlow

This results in missed opportunities for new products, process improvements, or creative solutions to challenges. Poor Leadership: Many leaders at the top come from a finance background and this inhibits their focus on people. Others just do not care. They value power, money, and influence over people and purpose.

article thumbnail

Don’t Neglect Your Customers During a Merger

Harvard Business

It’s also important to explain the changes that would have happened anyway — for example, process improvements, strategic shifts in the market, and realignment of structures — regardless of what is happening due to the integration process. Create a dedicated deal team.

article thumbnail

Why This Health System Offers Refunds to Dissatisfied Patients

Harvard Business

While the program does have marginal costs (more on this further on) we feel that the benefits in terms of learning, process improvement, and patient experience more than offset these. We agree that superficial and poorly formed efforts to improve patient experience will be neutral or at times detrimental to outcomes and costs.

System 28
article thumbnail

Why GE, Boeing, Lowe’s, and Walmart Are Directly Buying Health Care for Employees

Harvard Business

Moreover, participating health care systems, including Geisinger, have found that the care delivery reengineering needed to earn and maintain this type of payment model has led to improved processes and efficiencies beyond the program. Business development, contracting, and finance personnel are also required.

article thumbnail

How the U.S. Can Rebuild Its Capacity to Innovate

Harvard Business

While America has continued leading the world in terms of investment in basic science research, it has lost the ability to do the kinds of process improvements that are essential for innovation. Take the example of lithium-ion batteries. ” But it should be possible for the United States to reverse these developments. .”