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Tag Archives: Track
A Game Of Money Laundering, Part 1
Wherever illegal money exists, there is a need to “launder” that money so that it can be used in the legitimate economy. In the earlier part of the 20th century, most “money laundering” schemes came from criminal activities. American and … Continue reading
Posted in Best Practices, Decision Making, Unique Ideas
Tagged AML, Measure, Metrics, Money Laundering, PMO, Projects, Track
6 Comments
Genius PMO: Tracking A Project’s Financial Benefit Is Pure Genius
At the Wednesday (11/30) meeting of the NYC chapter of the Project Management Institute, Marc Resch gave a compelling presentation on the importance of cash flow models. In a very short time, Mr. Resch covered a lot of important territory. … Continue reading
Building Your PMO: The Alpha & Omega of Project Management – Part II
In our last blog we talked about the two most important project phases for a new Project Management Office (PMO) to focus on, the beginning and end. The last blog spoke about the “Alpha,” the start of a project, and … Continue reading
Posted in Best Practices, Delivering Services, Learning and Development, Project Management Office
Tagged Metrics, PMO, Projects, Quantify, Track, transform
2 Comments
4th Sigma: P Charts Made Simple
It’s been a while since we spent any time on the 4th Sigma, so let’s take a few minutes today and talk about using the 4th Sigma process to address some problems in your operation. If you’re a regular reader, … Continue reading
Posted in 4th Sigma, Best Practices, Delivering Services, Improvement, Continuous or Not
Tagged 4th Sigma, Projects, Reporting, Six Sigma, Track, transform
1 Comment
Are Outsourcing Obstacles Too Big To Swallow?
Last week I saw a question on Linked-In that I thought was particularly interesting. The question was, “What are the top five challenges in BPO transitions that need to be addressed in the outsourcing/offshoring industry?” If there were any “winners” … Continue reading
Posted in Best Practices, Common Sense Contracting, Decision Making, Delivering Services
Tagged Build vs. Buy, change, Improve, Measure, Meetings, Metrics, outsource, Projects, Quality, Quantify, RFP, Staffing, Track, transform
2 Comments
Size Matters: How Big Is Your Work Day?
Understanding exactly how many hours of work your staff is capable of is important if you have any hope of efficiently staffing your organization. The hours of capacity in a service organization are usually completely misunderstood. Once you understand the … Continue reading
Posted in Best Practices, Common Sense Contracting, Delivering Services
Tagged Hiring, Measure, outsource, Reporting, Staffing, Track
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How Much Do Your Services Cost?
Budgeting in Corporate Services has always been an approximate science. In some cases, very approximate. Because your services are far removed from the products that your firm sells to the outside world, it’s hard to know how and when to … Continue reading
Posted in Best Practices, Common Sense Contracting, Decision Making, Uncategorized
Tagged Cost Management, Hiring, Improve, Measure, outsource, Track
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The Regulators: Round 2 – Are Your Costs In Line With The Market… Which Market?
Yesterday we spoke a bit about the rise of “Regulators” in Fortune 500 Firms. In the past service managers would periodically see directives for firm-wide budget controls, freezes for new hires, or (during especially difficult economic times) special committees that … Continue reading
Management Trends for 2011: MORE!
The corporate world is changing. The biggest firms in the world are almost entirely public corporations, and an every smaller number of the largest firms are privately owned. Of the largest firms in America, the top five public firms are … Continue reading
Posted in Best Practices, Decision Making, Delivering Services
Tagged change, Improve, Measure, Metrics, Quality, Quantify, Six Sigma, Track
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The 4th Sigma: Analysis Paralysis… More Options Don’t Always Help
Any good management book or management system provides you with more than a few tools or the steps for a process. The best books remind that you are applying these systems to people, people with preferences and limitations. Some people … Continue reading