Building resilient operations

McKinsey

To build resilience, accelerate productivity improvement and operational flexibility. Insights on OperationsIn the face of rising uncertainty, get ready for the unexpected.

Signs Your Consulting Firm is Operating on Faulty Assumptions

David A Fields

The post Signs Your Consulting Firm is Operating on Faulty Assumptions appeared first on David A. You throw your best efforts into delivering value for your consulting clients, improving your consulting firm’s marketing, and creating a rewarding consulting environment.

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The coming evolution of field operations

McKinsey

Insights on OperationsNew technologies are reshaping aftermarket services—and both customers and providers can benefit.

Improving warehouse operations—digitally

McKinsey

A digital twin lets companies design, simulate, and test new warehouse operations and product movements virtually, before starting up new sites or making changes within existing sites. Insights on Operations

Operations management, reshaped by robotic automation

McKinsey

For operations centers, is it now just a matter of “ready, set, automate”? Insights on OperationsToday’s automation shows huge promise for saving time, money, and human effort.

Technology + operations: A flywheel for performance improvement

McKinsey

New automation techniques can provide the first step toward continuous, tech-enabled redesign of critical operations—forming an intuitive ops-to-tech cycle in which tech improves ops, and vice versa. Insights on Operations

Strategic Planning - Understanding Strategic Versus Operational

Leadership Planning with Liz Weber CMC

However, for leaders who struggle to comprehend the need to define and capture new strategic initiatives while not documenting and tracking oppressive current operations, the strategic planning process can be perplexing to say the least.

The insurance switch: Technology will reshape operations

McKinsey

As insurance companies allocate more resources to technology functions, operations will need to reshape to make the most of their new tools. Insights on Financial Services

Building operational excellence in higher education

McKinsey

The example of one university shows the potential value in transforming administrative operations. Social Sector Insights

The Operations 4.0 podcast: Productivity and ‘pilot purgatory’

McKinsey

The value from Operations 4.0 Insights on Operationscomes from how it unleashes productivity gains across a wide range of measurements. But to achieve those results, businesses must do more than launch pilot after pilot.

What is the Difference Between a Strategic Plan and an Operational Plan?

Strategic Planning and Management Insights

A common misunderstanding we encounter when working with organizations is the difference between strategic planning and operational planning. Strategic planning operational planning

The Operations 4.0 podcast: More technology, more human

McKinsey

Operations 4.0 Insights on Operationsbuilds on technology to deliver major productivity and performance improvement. But human beings are at least as important for sustained Ops 4.0 success.

The business of running state government operations

McKinsey

New research from the National Association of State Chief Administrators and McKinsey looks at critical issues for state chief administrative officers in real estate, risk management, and digital government. Public Sector Insights

The Operations 4.0 podcast: A new continuous-improvement cycle

McKinsey

Insights on OperationsOps 4.0 helps businesses understand their greatest challenges, and solve ones that previously seemed beyond reach. It also means committing to a transformation that never entirely ends.

Telecom operators: Surviving and thriving through the next downturn

McKinsey

Telco operators are more vulnerable today than they were ten years ago. To thrive through the next economic downturn and beyond, they must act now—and with focus. Telecommunications Insights

Using Advanced Analytics to Improve Operational Decisions

BCG

Operations leaders routinely make critical decisions across the entire value chain. However, many operations leaders must climb a steep learning curve to understand the best ways to apply advanced analytics. Article Thursday, December 15, 2016.

Ten principles for successful oil and gas operator transitions

McKinsey

Incoming operators face several challenges when taking over an asset, including managing the transition, improving performance, and capturing value.

A next-generation operating model for source-to-pay

McKinsey

A next-generation procurement operating model that capitalizes on advances in digital, data, and analytics delivers new levels of performance across the value-creation lifecycle. Insights on Operations

A winning operating model for digital strategy

McKinsey

New survey results point to four elements that top performers include in their digital-strategy operating model. Digital is driving major changes in how companies set and execute strategy. Digital Insights

How data is changing the pharma operations world

McKinsey

Insights on OperationsPharma companies have a great opportunity to turn a buzzword into exponential impact.

Products and platforms: Is your technology operating model ready?

McKinsey

Forming an integrated technology model creates value but can be hard to do. The right approach centers teams on tech products and platforms, focuses them on business goals, and helps them prioritize technology work. Digital Insights

Strategic and Operational Planning

Gina Abudi

The post Strategic and Operational Planning appeared first on Gina Abudi. Leadership engaging employees operational planning strategic planning strategic plans strategy planningEngaging Employees to Contribute to the Plans. It’s business planning time again – especially if your fiscal year follows the calendar. Many organizations leave planning to the executives and other high level management. This year, get your employees involved in planning.

Operations as a competitive advantage in biotechnology

McKinsey

Esteban Santos, executive vice president for operations at Amgen, explains how the company is using operations to support innovation. Insights on Pharmaceuticals & Medical Products

Transforming infrastructure operations for a hybrid-cloud world

McKinsey

Despite the rapid growth of public-cloud adoption, internal-infrastructure teams are well positioned to add unique value. But they’ll need to change their approach and evolve their service. Our Insights

Defining the role of a state chief operating officer

McKinsey

Incoming administrations may consider appointing a state COO to lead strategic operations and implement high-priority projects. Those who work with state COOs could position them for success with thoughtful role definition and strong support. Public Sector Insights

Next-generation supply chain—transforming your supply chain operating model for a digital world

McKinsey

A few leaders can show us how a new operating model can answer the demands of today—and tomorrow. Insights on OperationsIn a digital age, most supply chains run on old principles and processes.

Transforming operations management for a digital world

McKinsey

When combined, digital innovation and operations-management discipline boost organizations’ performance higher, faster, and to greater scale than has previously been possible.

Bridging the gap between a company’s strategy and operating model

McKinsey

Four questions can help a company translate business goals into operating-model design. Insights on Organization

Toward a net-zero future: Decarbonizing upstream oil and gas operations

McKinsey

To operate well is to operate responsibly—but more must be done on sustainable design and balanced portfolios to achieve a net-zero future. Oil & Gas Insights

The platform play: How to operate like a tech company

McKinsey

For tech to be a real driver of innovation and growth, IT needs to reorganize itself around flexible and independent platforms. Digital Insights

How private equity is tackling operational complexity

McKinsey

General partners are improving their efficiency and scalability through digital and analytical tools. Insights on Private Equity & Principal Investors

Make Customers Happier with Operational Transparency

Harvard Business

Ryan Buell, associate professor at Harvard Business School, says the never-ending quest for operational efficiency is having unintended consequences. Buell believes organizations should deliberately design windows into and out of operations. He says increasing operational transparency helps customers and employees alike appreciate the value being created. Buell is the author of the HBR article “Operational Transparency.”

Unlocking the value of digital operations in electric-power generation

McKinsey

A digital-enabled operational transformation allows them to do so. To stay competitive in electric-power generation, gas- and coal-powered plants need to improve fuel efficiency and performance. Insights on Electric Power & Natural Gas

Realizing the value of your merger with the right operating model

McKinsey

Substantial changes to an operating model are often necessary to achieve an organization’s strategic objectives and deliver the promised value of a merger.

The Five Practices That Set Operational Risk Leaders Apart

BCG

Bank operating models continue to evolve in response to new regulations, digitization, a volatile economic and risk environment, external threats, and advances by nontraditional competitors. Article Tuesday, October 11, 2016.

How the British Army’s operations went agile

McKinsey

Military commanders have had to change the way they operate in the field. Corporate executives should take note. Insights on Organization

Agile 64

A new operating model for well organizations

McKinsey

Technological change is poised to disrupt the drilling and completion business while introducing new ways of working. Oil & Gas Insights