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Storytelling in data
Posted on March 1, 2012 by hudgeon in Enterprise, Industry associations, Pitchmap for BPOThe past few newsletters have focused on introducing Pitchmap for enterprises, for sales and for benchmarking. Now that we’ve introduced Pitchmap, I’m returning to topics on business operation efficiency. Today’s topic is Telling stories in data: Using data to support your arguments Yesterday, I attended the first Australian IACCM meeting of the year. The two presenters spoke on very different topics, “Clean [...]
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Business process benchmarking with Pitchmap
Posted on February 18, 2012 by hudgeon in Benchmarking, BPO, Enterprise, Industry associationsToday, we are introducing the final enhancement in the launch version of Pitchmap: benchmarking. At the end of January, we released Pitchmap for enterprises which allows an enterprise to quickly cost their existing people-dependant processes, create one or more “to be” cost models and compare the two. Last week, we introduced Pitchmap for BPOs (Business [...]
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Introducing Pitchmap: BPO Edition
Posted on February 12, 2012 by hudgeon in BPO, Monte Carlo, PMOLink to Newsletter In January we released Pitchmap: Enterprise which is designed to allow an enterprise to quickly pull together business cases to support their business process improvement initiatives. Today, we are announcing the availability of Pitchmap: BPO Edition. Using this version of Pitchmap, a Business Process Outsourcing (BPO) provider or a Project Management Office (PMO) can clearly see [...]
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Pitchmap: run Monte Carlo simulations across your Process Improvement assumptions
Posted on February 9, 2012 by hudgeon in Monte Carlo, New functionalityWe’ve released our next iteration of the application. It contains a project costing module and runs a Monte Carlo simulation over the assumptions and tells you how pessimistic your assumptions would need to be before the ROI becomes negative. So, for example, Pitchmap can tell you that over 5 years your expected ROI for migrating [...]
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Build better business cases
Posted on January 30, 2012 by hudgeon in Enterprise, New functionalityLink to full version — Are you in operations and spending time and effort building business cases to improve your business processes? Or Are you a consultant or BPO provider with clients who can’t get their funding together to engage you for a project? Pitchmap can help you get your business cases funded. How Pitchmap [...]
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How to set up the world’s simplest procurement process
Posted on November 19, 2011 by hudgeon in Processes, TipIn Tip #012: How to build your own Cost Analysis Monte Carlo Simulation in Excel or Google Spreadsheets, I used procurement as the sample workflow to show how you can use a Monte Carlo simulation to convince your stakeholders your transaction cost estimates are accurate. Applying this calculation to a procurement process typically results in total transaction [...]
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How to prepare simple, effective cost management reports (part 2)
Posted on September 22, 2011 by hudgeon in Cost management program, Organisational change, TipThe Cost Reduction Tip Tip #21 provided an overview of the company we are looking to prepare cost management reports for. To summarise, ABC Services provide software and consulting in the facilities management sector have one office in Sydney and another in Melbourne the bulk of their revenue comes from the sale of asset management software [...]
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How to prepare simple, effective cost management reports (part 1)
Posted on September 14, 2011 by hudgeon in Cost management program, TipThe Cost Reduction Tip Effective management accounts are critical to a cost reduction initiative. Without it, your stakeholders can’t see that their pain is justified. It’s like the difference between running on a treadmill (without a watch or odometer) and running through the countryside. If you have a destination and can track your progress, your [...]
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Teach your old vendors new tricks
Posted on September 9, 2011 by hudgeon in Processes, Technology, TipThe Cost Reduction Tip In the 1970s and 80′s, skateboarding went through a renaissance. Difficult tricks became commonplace and impossible tricks became possible. The invention of polyurethane wheels in 1972 and the US drought in 1976 (which led to the draining of concrete pools) kicked off these advances but it was not until groups of [...]
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How to identify cost reduction opportunities
Posted on September 7, 2011 by hudgeon in Organisational change, Processes, TipThe Cost Reduction Tip Certain problems when you first look at them seem intractable. But once you understand their natural fracture lines, breaking them up and solving them is actually quite easy. Most business process problems fall into this category and cost reduction problems are no exception. The natural fracture line for cost reduction opportunities [...]
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