article thumbnail

Tyranny of Metrics

Deming Institute

Muller’s The Tyranny of Metrics (2018) is a book that Dr. Deming would have surely appreciated. This well-researched book gives an ever timely overview of the history and drivers behind the misuse of metrics that dominate organizational life in America and around the world. Muller talks about what he has experienced first hand.

Metrics 31
article thumbnail

Wall Street banks opt for greater automation for grunt work to retain talent

HR Digest

The juniors are dumped with scanning the news stories to prepare the public information book (PIB), collecting all possible data for financial metrics, formatting each and every report, preparing power points, doing due diligence on queries for reports, the list can get endless. This is not about people working less.

Banking 95
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

3 Ways M&A Is Different When You’re Acquiring a Digital Company

Harvard Business Review

Doing digital M&A right means upending the way most companies approach financing, due diligence, and merger integration. Let’s start with financing the deal. Meanwhile, because digital targets tend to be expensive, acquirers are limited in their ability to use stock to finance a deal. Sponsored by DXC Technology.

article thumbnail

A Blueprint for Digital Companies’ Financial Reporting

Harvard Business Review

On June 25, 2018, Facebook lost market capitalization of more than $100 billion in just two hours of trading after it announced its quarterly performance, despite exceeding analysts’ earnings forecasts. The level and trend of a company’s top-line metric is an advance indicator of the success of its business model.

Report 8
article thumbnail

Rethinking How Medicaid Patients Receive Care

Harvard Business Review

We also equip the teams with data-rich dashboards that monitor their patients’ engagement, satisfaction, and, of course, health metrics, while also tracking broader population-level trends in clinical outcomes and avoidable — and often unnecessary or harmful — procedures and hospitalizations. Our results.

article thumbnail

A Simple Way to Involve Frontline Clinicians in Managing Costs

Harvard Business Review

Value ceased to be a side initiative or something driven solely by top-level finance and executive leaders. Early-stage planning is under way to introduce the methods in other regions in Scotland, beginning in 2018. The clinical team works together with finance and quality-measurement staff to update this box score every week.

Cost 8