At the heart of the operation of the Matrix Organization is the “Balance of Power” between the Project Manager and Functional Management. Yet, even if there is Balance of Power, the question as to who is the real boss remains to be asked. Theoretically, it should be possible to divide the authority and responsibility equally […]
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Getting Ready for the 21st Century Resource Revolution: Are We Ready?
Resource Utilization and Productivity is the 21st century Business Strategic Model. Resource Revolution represents the biggest business opportunity in the century. However, to be successful, this calls for application of new approaches by Management. Companies that stick to the old “2% solution” will soon be obsolete. The “2% solution” is an old adage where performance […]
How to Conduct RACI Charting and Analysis Professionally?
Functional areas in an organization are often marred with ambiguities–some process related and other role related. The Responsibility Assignment Matrix or RACI Charting is a simple technique to resolve these ambiguities. It works collaboratively to clearly identify functional areas and roles and responsibilities in order to complete a desired activity. The RACI Acronym stands for: Responsible […]
Facilities Management (FM) Top 10 Trends: Are We Catching Up or Is It Catching Up with Us?
Technology and changing attitudes to the workplace are driving a transformation of corporate real estate. Gone are the days when the real estate function was an overhead and its professionals solely as engineers. FM is coming of age. The next generation of real estate professionals will resemble business managers and leaders. They will combine empathy, […]
Understanding the 5 Major Growth Drivers of Facilities Management (FM)
Worldwide, the Facilities Management (FM) outsourcing market is evolving. It is not just expanding but evolving. The industry is transforming from a predominantly single service local outsourcing model to an integrated services delivery model. The changing demands in the market now require a new way of thinking about the delivery of FM. Facilities Management must […]
The Final State of Retail Strategy Is Building the Last-Mile Exchange: Are We Not Far Behind?
E-Commerce is growing fast. Keeping up with the growing volume of e-commerce now requires delivery companies to disrupt their long-standing business model. This can bring peril to retailers and transportation companies who are now faced with challenges in this fast-changing marketplace. With the boom in e-commerce, there is the urgency for companies to retool their […]
When Facilities Management Goes Digital, Are We Ready?
Facilities Management (FM) is going digital. Digital technologies are changing the way we imagine, plan, develop, use, and manage facilities. Countless organizations are pursuing Digital Transformation initiatives related to FM. This development can be daunting for Facility Managers. The role of Facility Managers have stretched beyond providing workplaces and making sure that equipment and systems are […]
7 Weighing Scales to Use in Warehouse & Distribution Centers to Increase Efficiency
Warehouse and distribution centers should be able to rely on accurate, efficient and reliable data to ensure peak performance. Using the right scales such as warehouse floor scales help in assuring employee safety, reducing costs and speeds up processes. Moreover, accurate weighing will help you comply with the necessary regulations, reduce customer complaints and avoid […]
Evolve Your Organization to the Next Level (Using Maturity Models)
Maturity Models are powerful tools, commonly used by management consultants, to gauge the maturity of an organization in a number of disciplines or functions. They help pinpoint the specific areas of improvement in order to reach the next level of maturity. Most Maturity Models qualitatively assess people/culture, processes/structures, and objects/technology. Here are our Top 10 Maturity Model Frameworks (most […]
Operational Excellence Goals That the Organization Can Get Behind
Editor’s Note: Roger Price is the CEO of Phase 5 Group (P5G) and the visionary behind EON, the world’s first Operational Excellence management solution. P5G is also a partner and author on Flevy. They published a comprehensive guide on Operational Excellence Design Process. * * * * Operational Excellence (OpEx) isn’t just a “nice to have,” it’s a core part […]
How Should the Traditional Car Makers Respond to the New Competition?
Driverless cars will be the next ubiquitous thing in the coming years. Although the future is abstract, few of the new age Technology companies like Tesla, Google[1], Uber and Apple are disrupting the automotive landscape previously dominated by Toyota, Volkswagen and Ford Motors, General Motors and NISSAN. The chip manufacturers of the likes of NXP […]
Three Business Processes to Streamline Your Company
Managers are always looking for ways to make their teams more efficient and achieve more in less time. The world of business is faced paced, and clients demand quick turnarounds and a — sometimes unachievable — pace of progress. As such, many companies are turning to new and improved process techniques to streamline their business, across […]
