Transformation initiatives overhaul how a business operates. Success hinges on whether leaders are able to shift mindsets and inspire employees to adopt the change. Recent surveys completed by McKinsey and Bain & Company consistently reported that less than 30% of these initiatives achieved the intended objectives. What stalls transformation is… [More]
Three Steps To Build A Data-Driven Culture
Is your business data-rich but insight-poor? Organizations have abundant data on their customers, operations, communications between departments, as well as financial results. Unfortunately, most of the data sit idle and forgotten. In order to leverage the power of data to manage the business proactively, leaders need to foster a data-driven… [More]
3 Ways to Unlock Inefficiencies in Operations
Operations encompass a network of processes and business rules that guide what needs to get done. As the business environment changes over time, new tasks and guidelines are layered onto the existing ones. Many become buried in standard operating procedures. While employees diligently follow what they are supposed to do,… [More]