by Stephen Danos
Construction professionals need ways to eliminate process friction and unify everyone, from owner to architects to subcontractors, throughout the entire construction project life cycle. After all, delays often mean a construction project will go over budget, which is typically unacceptable.
Also, according to a recent McKinsey analysis of construction technology, cost-cutting technologies have gained significant momentum over the last five years.
The Smartsheet platform helps construction teams save money and time, and stay connected, empowering them to improve collaboration, plan better, and maintain control over repeatable processes, audit trails, and document versioning.
Below are many ways Smartsheet empowers construction professionals throughout the seven phases of construction project management by increasing visibility, centralizing key information, and rapid data collection through mobile-accessible forms.
by Stephen Danos
How often do you make bad decisions? According to a McKinsey & Company survey, 72 percent of senior-level leaders believe that bad decisions are “about as frequent as good ones” — par for the course across their organization. As a company grows, apparently so does the potential cost of poor decision making.
At the enterprise level, these undesired outcomes tend to stem from problems caused by increased organizational complexity, murky accountability, and an overabundance of data that cause decision makers to suffer from analysis paralysis.
Getting on the path to better decision making starts with recognizing and addressing these challenges — often with the help of the right enterprise-grade work-execution tool.
by Staff Writer
It’s estimated that the average adult makes 35,000 decisions a day. Though many of these may seem inconsequential, making the right call at work can be a fraught prospect.
If you feel like you’re under pressure to make business decisions faster than ever before, you’re not alone. According to a Harvard Business Review report, 65 percent of managers say they face shrinking decision-making windows. And once a decision is made, three-quarters say they’re on the hook to achieve results in less time.
There’s good reason for businesses to push for speedy decision making. In a review of traits linked to organizational health, McKinsey researchers found that the majority of businesses that measured high for agility also ranked within the top quartile of overall business health. Agility is defined as speed of decision-making combined with stability, or having clear operating goals and metrics.
So how can organizations make faster decisions more easily? Start by letting go of these three things that can get in the way of moving fast.
by Stephen Danos
Today, business leaders have a lot to consider when making decisions: performance analytics and other data coming in from a multitude of sources, resource and budget run rates, and much more. The faster a leader can reach the best decisions based on the best intel, the faster teams can carry out strategies, provide competitive value, and delight customers.
Given the stakes, refining your decision-making process is well worth the effort, but to get the process right may require a few false starts and iterations. It will also help if your team can adopt an agile mindset, so they can take small steps in the right direction, giving you test-and-learn insights to make decision-making processes more efficient and swift.
While there’s no quick fix, here are five things leaders can do to speed up decision making — and how Smartsheet can set teams up for repeatable success.
by Stephen Danos on March 20, 2018
Executive dashboards are powerful business tools that can connect leaders to their entire organization through insightful data streams.
Embracing critical layers of visibility can make businesses more competitive by strengthening connections between C-level leaders, managers, individual contributors, and their stakeholders. In addition, company-wide visibility into key performance indicators (KPIs) and business critical information help connect employees to the company’s strategic vision. Executive dashboards deliver the right information from different departments, helping business leaders make the best decisions.
by Brendan Reed on April 24, 2018
Instead of scrolling through rows of data to glean insights, one well-crafted visual can make it easier to understand what’s going on, and help you make decisions more quickly. Charts can highlight outliers, trends, and other details you need to see to make the best choice for your business.
Our most recent additions to Smartsheet dashboards will help you supercharge your data visualization and give you more flexibility in your data sources, so you can get the information you need to make better-informed decisions more quickly. With our charts enhancements, you now have ten new chart variations at your fingertips for more ways to visualize your data in a dashboard.
You also have the ability to create charts from reports. Add multiple data sources to one report, then create a chart from that report to bring multiple sources into one visual for a more complete picture.
Not only that, but we’ve given you more flexibility on your sheet data structures for charts. Now you can select the specific columns you want to include in a chart, without needing to rearrange your sheet data to include what you want into your chart. Here’s how each of these enhancements work for you and your team to better visualize data:
by Stephen Danos on April 5, 2018
In the past, we’ve looked at how automation improves employee engagement and surveyed information workers for our 2017 Automation Report. The report showed that there are three key processes — data collection, approvals, and updates — that, when automated, give people more time to focus on high-value work.
But automation doesn’t just free up time for workers. It can also improve visibility and create accountability across an organization. By giving teams access to the same information across the board — a single source of truth to work from — they can more quickly move forward on projects.
While communication tools such as email, instant messaging applications, and team collaboration software have their uses, information often gets lost in the shuffle. Sifting through messages and status updates across multiple platforms is not only a tedious process, but it creates knowledge gaps.
Teams can’t quickly and effectively communicate changes to projects or processes when information is siloed. There’s no single source of truth, making it difficult to move work forward. Using a work management platform that automates time-consuming, manual tasks makes a noticeable difference.
For example, instead of wasting time racing around the office gathering metric reports from stakeholders or sending status update emails, workers can set up automated update requests to gather the information they need to get projects done. Then, that information is consolidated in one place for anyone on the project to reference.
Writers and Bloggers from Smartsheet.