Teams | Collaboration | Customer Service | Project Management

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The Actionable 2024 Operational Efficiency Playbook

Every organization wants to run as efficiently and productively as possible. Maximizing operational efficiency allows a company to reduce waste while still producing a high-quality product or service. There are many ways to increase efficiency (24 billion hours per year are wasted in unproductive meetings!), and developing an actionable strategy for your organization can yield significant results in productivity and profit margins.

How To Measure Operational Efficiency in 2024

Organizations that aren’t committed to continuous improvement risk becoming static or being left behind. Waste and inefficiencies happen, of course, but organizations motivated to reduce or remove them will have a better chance of succeeding in a competitive marketplace. Implementing a successful operational efficiency plan can help your company reduce waste and increase productivity without sacrificing the quality of your product or service.

50% Profit Margins Unlocked with Time-Tracking Data w/ @MarketingMax

He went from working 70-80 hour weeks to building a 7-figure agency with 50% profit margins while only working about 1 hour per week. Today he’s the founder of GrowthDaily.com & AgencyReviews.io & he’s known by his 45,000 followers on X as @MarketingMax, but several years ago he was an agency co-owner struggling to make the sort of money he wanted to make (and enjoy the work in the process). That’s when a timely LinkedIn post came across his feed & recommend a book that change the course of his agency–and his life–forever.

Get started in the Miroverse: Here are our most popular templates

The options for what you can create in Miro are nearly limitless. Wondering where to get started? We’ve rounded up 10 of our best and most popular Miro templates along with related Miro board examples from our community templates gallery, Miroverse. Check out these templates and examples to see how our users treat templates as launch pads for their own creative, unique, and customized boards.

Project Cost Estimation: A Guide to Quoting Profitable Projects

Ever wonder why some of your projects easily meet your target profit margins while others don’t even come close? You might be struggling with accurate cost estimates. They’re the foundation for setting realistic budgets, avoiding costly overruns, and ensuring your projects stay on track financially.

Call Centre Screen Monitoring - What are the Use Cases and Benefits You Need to Know

Data-intensive BPO operations are at the center of attacks and need strong security measures to identify and prevent threats before they cause damage. An IBM Data Breach Report 2024 reveals that organizations suffer an average data breach cost of USD 5.36M in the absence of a robust security system in place. Growing breach instances and regulatory costs indicate an urgent need for effective BPO security to control data privacy and ensure workplace compliance.

A Comprehensive Guide on Hierarchy Management System

A firm with a large workforce runs its business in a hierarchical structure. It is based on a multi-layered hierarchy within the organization within which multiple levels of management are connected through a chain of command. The number of levels in an organization grows as it expands, and the structure becomes taller. However, managing each level is quite a task, and so is why investing in the hierarchy management system is a wise decision.

Overtime epidemic in UK workplaces: How unpaid hours hurt employees and businesses

The UK workforce is grappling with an overtime epidemic and unpaid overtime, which affects the welfare of employees and the prosperity of companies. A recent survey by Protime UK clearly demonstrates the severity of this issue and its impact on employee happiness and corporate performance.