Tom Spencer

JANUARY 26, 2024

For example, a dozen eggs cost around $1.00 For example, the Federal Reserve aims to achieve 2% inflation as an ideal benchmark to avoid its counterpart, deflation. For example, during the 1980s when inflation and unemployment were both high for a period of time economists faced a policy dilemma.

Policies 147

Policies Financial Benchmarking Groups 147

Makarios Consulting

MARCH 2, 2023

Our experience has shown time and again that when a leadership team lacks trust and respect, meetings do little more than exacerbate existing tensions and conflicts. But, when a team has nurtured a culture of trust and respect, meetings prove that there is nothing they cannot accomplish by working together. But not in this case.

Meeting 77

Meeting Leadership Operations Conference 77

Makarios Consulting

APRIL 12, 2023

Fifteen years have passed, but I (Tim) still remember the meeting as if it was yesterday. If you think you can operate out of two different sets of core values, the truth is that you do not have any set of core values. To realize that vision, his people would need to operate out of a set of shared values. You are adrift.

Leadership 93

Leadership Operations Exercises Conference 93

Markovitz Consulting

DECEMBER 17, 2018

Smalley starts with the hoariest example of root cause problem solving: the machine tool that stops working because of insufficient lubrication. This is the classic example that probably every consultant has used to demonstrate the 5-Why approach to finding root cause. Of course, this led to significant down time. Type 4: Open-ended.

Tools 150

Tools Operations Examples Analysis 150

Steve Shu Consulting

JULY 18, 2017

For example, you may see that the client needs to a) better articulate the problem statement and the key priorities (vision), b) decide on an approach (strategy), and c) execute on all the tactical operational things to carry out the strategy (tactics). For example you might limit your pre-sales sessions to 2 to 3 meetings of 1–1.5

Sales 150

Sales Consulting How To Meeting 150

Harvard Business

JULY 27, 2017

Mauricio is president of the European operation for a Fortune 500 manufacturing firm, and his firm has had its trials lately. Yet their meetings continued to focus on the day-to-day numbers, operational processes, and immediate crises. How Top Salespeople Land Hard-to-Get Meetings. You and Your Team Series. Stu Heinecke.

Meeting 28

Meeting Strategy Strategy Strategy& 28

Makarios Consulting

AUGUST 2, 2023

But what about daily operations? The Entrepreneurial Operating System ® (EOS®) describes an Integrator as someone who excels at making decisions about and managing the day-to-day organizational and operational matters necessary to achieve optimal performance and outcomes for the business. This is where the rubber meets the road.

Guidelines 68

Guidelines Operations Energy Tools 68

Successful Independent Consulting

NOVEMBER 8, 2017

As consultants, it’s our job to help our clients solve problems and operate at their best. Sometimes this is easy, particularly when the needed correction is related to a process or operational improvement. For example, “You can decrease your product return rate by moving the quality checks upstream in the process.”

Consulting 150

Consulting Meeting Operations Examples 150

Epicflow

FEBRUARY 8, 2024

In a few words, the industry is going to evolve in three major areas: implementing recent technological advancements (Industry 4.0), finding ways to address post-pandemic challenges, and meeting sustainability requirements. Here are some of the examples. At the same time, they are vulnerable to cyber risks. AI-driven applications).

Trends 52

Trends Talent Deloitte Efficiency 52

Consulting Matters

DECEMBER 16, 2022

You have to meet them at their point of departure and use your power skills that I'll be sharing in this episode to influence them in a better way. For example, I did a customer assessment for one of my clients, which revealed some horrible feedback about the sales process.

Consulting 156

Consulting System Sales Meeting 156

Organizational Talent Consulting

JUNE 12, 2023

Leaders need to be able to operate within and upon the business. If you are looking for a good discussion topic at an upcoming meeting, take some time to ask those attending how they would describe the organization's culture. Examples include a company's vision and values or mission statement. What is Organizational Culture?

Culture 76

Culture Strategy Strategy Strategy& 76

Harvard Business

MAY 8, 2018

First, board members periodically attend (in an observing capacity only) monthly and quarterly senior management meetings. Unlike the stiff, formalized approach to most director-executive interactions, Netflix encourages its board members to spend time watching the company operate “in the wild.”

Meeting 28

Meeting Analysis Government Exercises 28

Harvard Business

AUGUST 3, 2016

A new set of relationships is being formed within companies around how people working in data, analytics, IT, and operations teams work together. Data and analytics represent a blurring of the traditional lines of demarcation between the scope of IT and the responsibilities of operating divisions. Data and analytics embedded in IT.

Operations 28

Operations Chemicals Data Agile 28

LSA Global

JUNE 19, 2019

Do You Know How to Conduct Effective Leadership Team Meetings? While most work meetings are considered a waste of valuable time and energy, your ability to conduct effective leadership team meetings is essential to moving a team forward and carving out time for strategic, complex, systemic, and cross-team issues.

Meeting 28

Meeting Leadership How To Metrics 28

Harvard Business

MAY 20, 2016

Facing interconnected operational issues, members of the eight-person senior leadership team were turning against one another. The head of operations chimed in: His five most recent checkouts had complained about breakfast, and the cost of compensating guests for disappointing experiences was getting out of control. Insight Center.

Operations 31

Operations Hotels Case Interview Finance 31

Consulting Matters

NOVEMBER 23, 2022

Great examples of the pair of hands trap are: When you're in a discovery meeting with a client asking you for a specific solution, you just say "yes.". For example, one of my clients had a client dealing with a tough employee situation but was afraid of performance management. Now, let's get into the positioning pitfalls.

Consulting 156

Consulting Leadership Operations System 156

Harvard Business

APRIL 20, 2016

I am frequently flummoxed by the complete misalignment between a team’s mandate and the agenda for their meetings. content, frequency, and duration) of their meetings with the job that needs to be accomplished in those meetings. A one-size-fits-all team meeting rarely works. From The New York Public Library.

Meeting 28

Meeting Operations Efficiency Leadership 28

Tom Spencer

SEPTEMBER 3, 2022

Today, companies are desperately seeking strategies to retain customers, rebuild inventories, and restructure operations to fit the new business environment. Companies are also starting to adopt digital tools to streamline daily operations. Every business sector was disrupted and negatively affected by the pandemic and its aftermath.

Consulting 88

Consulting Management Agile Industry 88

Epicflow

JUNE 10, 2022

For example, welding can be dangerous for workers; assembling an air- or a spacecraft involves moving large-scale parts from one facility to another, working on the top of an air-/spacecraft, which increases chances for accidents and/or employees’ injuries. . Operational risk management . Chances of accidents.

Engineering 98

Engineering Management How To Risk Analysis 98

Steve Shu Consulting

NOVEMBER 6, 2015

It is a technique that I’ve seen a number of operating companies and management consulting firms use effectively. The Spring Cleaning technique consists of an executive- or management-level meeting to talk about the business in breadth, capture issues (no-holds barred), rank issues, strategize, and divide and conquer.

Meeting 150

Meeting Consulting Management Change Management 150

Markovitz Consulting

JULY 30, 2020

Reorganizations bulldoze those intangible assets into oblivion, ensuring that for six months at least, a company will be operating much less effectively. For example, a company that wants to cut costs might choose to reduce maintenance on their machines. Does the product meet customer needs—or even better, exceed them?

Productivity 124

Productivity Research Sales Operations 124

Markovitz Consulting

OCTOBER 28, 2020

But if you want to thrive in the post-COVID world, you’ve got to start working on operational improvements now. Here are three examples of how their maps have helped them see into their processes more clearly and make changes to become more efficient. With the current process, there was no way to meet the new conditions.

Sales 147

Sales Meeting Operations Video 147

Harvard Business

JUNE 15, 2016

If you want your team to be effective, you need meeting ground rules — and you need agreement about how to use them. Examples of behavioral ground rules include “make statements and ask genuine questions” and “explain your reasoning and intent.” How Top Salespeople Land Hard-to-Get Meetings.

Meeting 28

Meeting Construction Research Examples 28

Rick Conlow

JUNE 19, 2023

Employees who take advantage of the situation may neglect or avoid participating in virtual meetings, discussions, or projects. Schedule regular check-ins, team meetings, and one-on-one discussions to stay connected. Establish a culture of sharing ideas, knowledge, and best practices by leading by example. Also, do it yourself.

Leadership 101

Leadership Training Training Productivity 101

Organizational Talent Consulting

MARCH 11, 2024

Annual off-site meetings to change dates on unsuccessful strategies don't make sense. For example, you could ask, “How may generative AI affect our organization, what should we do, and when? We can all agree nothing is certain except death and taxes. Is it time for executives and teams to say goodbye to strategic planning?

Tools 73

Tools Journal McKinsey Leadership 73

Markovitz Consulting

JANUARY 14, 2019

But when it comes to internal operations at least, disruption is often both bad for business and for employees, because it causes unevenness in work. Sales incentives—for example, bonuses to meet monthly or quarterly revenue goals—cause salespeople to stuff the company’s distribution channels with inventory far in excess of consumer demand.

Turnaround 133

Turnaround Sales Operations Productivity 133

Progressus

NOVEMBER 27, 2023

According to the United States Government Accountability Office , ten of the government’s legacy systems cost approximately $337 million annually to operate and maintain. Some of our clients have started with CRM implementation, for example, and then moved on to back-office ERP and Project Management and Accounting.

System 52

System ROI Software Government 52

The Management Centre

MARCH 8, 2024

Here at =mc we encourage every participant we meet on our programmes to get in touch if they have specific issues they want to follow up on. It’s all a bit circular too – for example, if I don’t get a new HRIS sorted out, I can’t make our processes better, and therefore people will keep coming to me for help. I totally feel you!

Meeting 52

Meeting Management Development Training 52

Successful Independent Consulting

SEPTEMBER 16, 2017

At the end of our meeting, I didn’t quote the range. It’s a matter of what they’re used to and their operating margins. Grocery vs biotech — Some industries have notoriously low or high operating margins, so the money they have to reinvest back into the business will vary along with their price sensitivity.

Consulting 236

Consulting Real Estate Policies Operations 236

Organizational Talent Consulting

APRIL 10, 2023

Operations - improving customer service and identifying production errors and defects. Here is an example from Microsoft on how they cast a balanced vision for AI: Microsoft is a technology company whose mission is to empower every person and every organization on the planet to achieve more. Start the AI conversation with employees.

Engineering 77

Engineering Meeting Talent Video 77

Asamby Consulting

MARCH 17, 2022

Looking at the same example mentioned above. Innovative businesses are able to keep their operations and products relevant to the rapid changing market conditions. The purpose of product innovation is to make the product much more useful in which it meets the demands or creates the needs of consumers.

Company 52

Company Productivity Operations Meeting 52

Brimstone Consulting

MARCH 15, 2022

For example, even in our organization, two leaders lost parents they could not say goodbye to because of COVID-related restrictions. Over the last two years, the amount of change we have experienced, collectively and individually, has been tremendous. We’ve all dealt with personal challenges, loss, and even grief on an unprecedented level.

How To 86

How To Leadership Operations Strategy 86

Business Consulting Agency

JULY 24, 2023

Whether it’s streamlining operations, optimizing strategies, or catalyzing innovation, the pursuit of progress is central to an organization’s success. It is an example of harnessing expertise. Consultants’ ability to translate data into actionable insights enhances operational efficiency and strategic effectiveness.

ROI 52

ROI Efficiency Study Deloitte 52

Brimstone Consulting

JULY 17, 2022

Strategy and Leadership Team Alignment uses tactical planning and strategic thinking to align the leadership team around the organization’s vision, strategic priorities, critical issues, operational plans, and key leadership behaviors/values. Let’s look at an example.

Survey 85

Survey Leadership Strategy Strategy 85

Tom Spencer

APRIL 15, 2022

For example, after my team created the 5-year strategy, which involved downsizing certain business units and investing in certain others, we hired a managed consulting firm to validate our findings, pressure-test our thinking, and communicate this to the executive leadership team to avoid any political blowback. Profit and Loss Ownership.

Strategy 88

Strategy Strategy Strategy& Financial 88

Brimstone Consulting

NOVEMBER 29, 2021

Our process includes a series of one-on-one meetings and workshops with the new leader and the leadership team to identify current realities both internal and external to the organization, barriers to alignment, and opportunities. Let’s take the example of a new leader at a global manufacturing company.

Leadership 81

Leadership Agile Metrics Strategy 81

Harmonious Workplaces

JANUARY 25, 2024

In our first meeting, Alan recommended the book The Leadership Challenge by Kouzes & Posner. The evidence-based information plus real-world examples should illustrate how leaders can cultivate engaged, satisfied, and high-performing teams to attain organizational objectives.

McKinsey 98

McKinsey Sports Ethics Leadership 98