best-in-class companies

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Making Money via Mobile Field Services

Making Money via Mobile Field Services

Best-in-Class organizations in this survey are dramatically ahead of Industry Average and Laggard firms in deployment of service management systems and the use of mobility solutions to aid service performance in a number of important areas. The top firms are abandoning manual and inefficient spreadsheets in favor of connected automated systems. Best-in-Class use of service automation technology stands at 64% based on our survey, and these firms trail Laggards in use of manual spreadsheets by a significant margin. The Best-in- Class companies are also leveraging technology to create robust knowledge bases that merge asset, customer, and service performance data to maintain an ongoing real-time ability to measure and adjust service operations. The results, as seen by the numbers posted by these firms, indicate a payoff in both customer satisfaction and financial performance.
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Stock Prediction using ARMA

Stock Prediction using ARMA

comparison to getting responses from personnel of best in class companies specifically if they are competitors. That said, there will be personnel from competitors and/or best in class companies who will be willing to participate in the survey to know the results as well as for the improvement of QMS audit program across the oil and gas industry. The other option is to outsource the survey and competitive research to an independent third party who conducts research for benchmarking and research purposes [9].

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Endpoint Security Strategies Part II

Endpoint Security Strategies Part II

2) Encryption: useful for stationary data, resource disposal, and data on the move 3) Endpoint control: policy-based control of particular sensitive data and devices Companies are taking a new look at data classification to achieve greater accuracy in their endpoint data protection solutions (Figure 9). For example, the ability to scan the entire content and metadata of a document for a particular phrase is a key differentiator in many endpoint data protection solutions. Armed with this capability, a company can in- stitute a more accurate security policy based on document content and context (i.e., where did the document come from, or where is it going to). These capabilities allow for easier policy deployment across the enterprise because a single policy can control flow and protect misuse of a whole set of corporate data in the same secure manner. Forty-four percent of Best in Class companies report that this capability is very important to any endpoint data protection solution. Thirty-six percent of Laggards believe that this capa- bility is very important. Results indicate that the message is clear: dynamic data control based on classification is a key feature to endpoint data protection solutions, and it is here to stay.
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Best-in-Class Organizations Don t Leave Talent Assessment to Chance Brought to you by:

Best-in-Class Organizations Don t Leave Talent Assessment to Chance Brought to you by:

times as likely to use assessments to measure readiness / identify competency gaps as part of their development and succession efforts.  Best-in-Class Companies are 2 times as like[r]

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Onboarding The Path to Productivity. March 2011 Mollie Lombardi

Onboarding The Path to Productivity. March 2011 Mollie Lombardi

The case can clearly be made for the "why" of onboarding, but when looking at the "what" it's really a story of two ends of a spectrum. Best-in-Class performers are far more mature in their onboarding processes - 51% indicate their formal onboarding programs have been in place for three or more years, as compared to 32% of Industry Average and 30% of Laggards. These varying levels of maturity are reflected in the top actions that these groups plan to undertake regarding their onboarding efforts in the coming year. While Best-in-Class companies are focused on measurement, stakeholder involvement and data integration, all other organizations (the combined group of Industry Average and Laggards) are still placing priority on formalizing and standardizing their process (Figure 4).
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Best-in-Class, Hosted Payroll Outsourcing for Large Employers

Best-in-Class, Hosted Payroll Outsourcing for Large Employers

ADP PayForce is the ideal payroll solution for large companies needing best-in-class, hosted ser- vices with fl exible access. ADP PayForce’s robust, intuitive user interfaces deliver effi ciencies that make your team more productive without sacrifi cing control, and PayForce is accessible from any internet connection.

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Achieving World Class Source to Settlement Through Best Practices

Achieving World Class Source to Settlement Through Best Practices

Effective use of technology to extract useful intelligence from eProcurement applications comes with its own set of best practice imperatives. Data standards, for example, greatly enhance the ability of users inside and outside the organization to share information -- not to mention the additional benefits of less required user support and training as the number of different systems in use is reduced. Consistent information structures such as company-wide supplier master files and company-wide commodity coding also reduce costs and help companies deal more effectively with suppliers. Here, too, world-class companies excel, driving 100% adherence to this best practice, as opposed to only 60% of companies on average.
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Best manufacturing practices What do the best-performing companies do?

Best manufacturing practices What do the best-performing companies do?

First, the field is rather scattered with many articles focusing on one or a limited set of new practices, while the reasons why these practices are considered best are often not accounted for. Flynn et al. (1997), for example, investigated the influence of quality management practices on quality performance and the interrelationship between JIT and quality management. Hanson et al. (1994), Hanson and Voss (1995) and Voss (1995a) focused on TQM, concurrent engineering (CE) and lean production. Ketokivi and Schroeder (2004) chose to study computer-aided design (CAD), computer-aided manufacturing (CAM) and statistical quality control (SQC). Why these practices, not others, and whether the authors regard the set as comprehensive remains unclear. Related to this, WCM and best practice studies do not take into consideration that other practices, or configurations of practices, might be even more important for the overall performance of the companies than the predefined best practices. There may be companies that do not reach world-class status, due to the definition of best practices in these studies, which are really world class in terms of performance, but have implemented another set of practices to reach that level of performance.
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How To Perform Well In Business Law

How To Perform Well In Business Law

Properly tuning the service levels, of course, requires that the legal department has a well-honed understand- ing of the company’s strategic objectives and investment areas. CLOs at leading companies work closely with business leaders to make the right trade-offs between which legal services can be “good enough” and which ones should be best in class to support the business. To set the stage, CLOs need to articulate the acceptable risk profile to the broader organization, establish expec- tations for service levels and inform legal and business leaders about where potential service trade-offs should be made. For example, should the company aim to win litigation at all cost? File for patents as often as possible? Maintain granularly detailed employee policies? Or would the company be better served by staying out of court, pruning the patent portfolio and creating user- friendly policies that promote better employee relations? These are questions that can only be answered in the context of each company’s broader corporate objectives, but getting explicit buy-in from the board of directors and management team gives CLOs the proper frame- work for making the inevitable trade-offs between cost and quality that legal will face (see Figure 2) . These are examples of policy issues that are as much business as legal in nature and offer CLOs an opportunity to take a leadership role. As part of the dialogue, though, CLOs might consider educating (or re-educating) the business on what drives legal or regulatory risk and how they can mitigate it. This not only helps refine the trade-off decisions, but also builds and reinforces a culture of compliance and risk management.
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WORLD CLASS SERVICES FOR WORLD CLASS COMPANIES. A Practical Guide to Listing

WORLD CLASS SERVICES FOR WORLD CLASS COMPANIES. A Practical Guide to Listing

concerns, the concept of best practice has extended rapidly into these formerly obscure areas. Environmental audits and statements are relevant for some listed companies, and the number of ethical investment funds being launched gives this pressure added commercial edge, since it can feed into liquidity and demand for your shares. As a result, companies need to keep a tight rein on aspects such as potentially polluting emissions from their operations, and must also pay serious regard to the employ- ment record and policies of their business, not only within their own operations but also in their suppliers’ businesses. An ethical or environmental scandal involving a listed company is now potential front-page material for the press, and in the worst-case scenario can result in falling sales or even consumer boycotts.
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WORLD-CLASS R&D MANAGEMENT IN FOOD AND BEVERAGE COMPANIES

WORLD-CLASS R&D MANAGEMENT IN FOOD AND BEVERAGE COMPANIES

A number of R&D organizations have successfully implemented formal project selection processes that help ensure that the best ideas are pursued. For example, one food-processing R&D organization uses a graph to highlight the relative risks and rewards of possible R&D projects. The graph is simple—the probabilities of technical and commercial success or failure of possible R&D projects are lined up on one axis; and the potential values of the possible R&D projects are lined up on the other axis. These are only rough measures, but they are enough to allow the R&D managers of this company to gain a better perspective on what their options are.
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The Challenge of Multi-Site Warehouse and Order Management. Meeting Customer Requirements While Lowering Logistics Costs

The Challenge of Multi-Site Warehouse and Order Management. Meeting Customer Requirements While Lowering Logistics Costs

Sales order splitting is one of the single best predictors of Best-in-Class perform- ance. By filling orders on a line item basis, network efficiency can be maximized while still meeting customer service requirements. The level at which the split occurs varies by software architecture. Some ERP systems offer this functional- ity. Companies that practice order management in the WMS itself should investi- gate whether their WMS vendor offers this option. Bear in mind that simply splitting a sales order is usually not effective unless the accounting system can still invoice the customer for a single order. Many companies have found that a distributed order management module is the easiest way to gain this layer of functionality.
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More details >>> HERE <<<

More details >>> HERE <<<

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Best Proximity Points for a New Class of Generalized Proximal Mappings

Best Proximity Points for a New Class of Generalized Proximal Mappings

Fixed point theory have an important role in many branches of mathematics such as differential and integral equations, optimization and variational analysis. This theory mainly concerns with the fixed point equation T x = x, where T : A → B is some nonlinear operator. The solution of this equation is called a fixed point of the operator T. It is not necessary that the equation has a solution for every nonlinear operator T . For example this one has no solution when A ∩ B = ∅. In this case we may find a point x ∈ A which is closest to T x, that is, the distance between T x and x is least as compare to other elements of A. Such a point is called the best proximity point of T . The notion of best proximity point was initiated by Fan [1] for normed spaces. Eldred and Veeramani [2] generalized this notion in the context of metric spaces. In literature there are many important best proximity point theorems in different settings: Jleli et al. and Ali et al. [3, 4], for α-ψ-proximal mappings; Akbar and Gabeleh [5, 6], Derafshpour et al. [7], Di Bari et al. [8], Rezapour et al. [9], Vetro [10], for cyclic mappings; Alghamdi et al. [11] for mappings in geodesic metric spaces; Al-Thagafi and Shahzad [12], for Kakutani multimaps; Markin and Shahzad [13], for relatively u-continuous mappings; Nashine et al. [14], for rational proximal contractions; Akbar and Gabeleh [15], for multivalued non-self mappings; Choudhury et al. [16] for best proximity point and coupled best proximity point in partially ordered metric spaces; Shatanawi and Pitea [17], for best proximity points and best proximity coupled points in complete metric spaces with (P)-property; Jamali and Vaespour [18], for best proximity point for nonlinear contractions in Menger probabilistic metric spaces; Bejenaru and Pitea [19], for fixed point and best proximity point theorems in partial metric spaces.
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Best in Class International Franchising: Report for the UK Retail Sector

Best in Class International Franchising: Report for the UK Retail Sector

3.2 Franchise Partnership Relations 3.2.1 Communication and Trust with Franchisees Whilst much international business communication may be characterised as “internal” such as within a co[r]

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001 Dewey Decimal Classification 001

001 Dewey Decimal Classification 001

Standard subdivisions are added for either or both topics in heading Including interfacing and communications for specific types of electronic computers (e.g., digital computers, computers distinguished by processing modes, hybrid and analog computers); interfacing and communications protocols; kinds of hardware; communications network architecture; data transmission modes and data switching methods; local-area networks Class here data communications; internetworking, interoperability; wired communications, wireless communications; interdisciplinary works on computer communications

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The transfer of 'best practice' knowledge into manufacturing  companies : executive summary

The transfer of 'best practice' knowledge into manufacturing companies : executive summary

Table 13 - Change Model Relating Team Roles with Success Criteria SuccessCriterion Linked to strategic requirements.. Principal Contact Ensure project is linked to strategy as defined by[r]

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Criminal Immigration Law Jessica Segall and Anna Nelson Fall 2012 M/W 8:00-9:15 pm, Hazel Hall 222

Criminal Immigration Law Jessica Segall and Anna Nelson Fall 2012 M/W 8:00-9:15 pm, Hazel Hall 222

Attendance is required per the Law School’s academic regulations. Please arrive on time. Preparation for class is also in everyone’s best interest – class participation will account for 15% of your final grade, and class will be more interesting if everyone participates. Course announcements, additional readings, and class exercises will be posted on the course’s TWEN site, so please check it regularly.

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Promoting the use of Construction Industry Institute (CII) Best Practices in the Upstream, Midstream, and Mining (UMM) sector.

Promoting the use of Construction Industry Institute (CII) Best Practices in the Upstream, Midstream, and Mining (UMM) sector.

A positive correlation has been found between the use of CII Best Practices and improved project performance. Cost, schedule, and safety performance improves with the increased usage of CII Best Practices for both owners and contractors. The CII Benchmarking and Metrics Committee has previously conducted a study on over 1,000 projects from the CII Benchmarking and Metrics (BM&M) database to understand the impact of CII Best Practices on project performance. The study found that, depending on industry group and project size, owners can have potential savings ranging from $1.7 million to $3.4 million while contractors can save twice as much, ranging up to $7.2 million for a typical $88 million heavy industrial project. Buildings project owner can also expect a schedule reduction of as much as 16% or 27 weeks, for large projects. The implementation of Zero accident best practice demonstrated a 50% reduction in Recordable incidence rate between 4 th quartile (lower best practice use) to
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Selecting a Software Solution: 13 Best Practices for Media and Entertainment Companies

Selecting a Software Solution: 13 Best Practices for Media and Entertainment Companies

You’ve likely heard about business and IT execu- tives being swayed by a well-spoken vendor rep, making a purchase without a proper selection process, then handing it over to others to imple- ment. Conversely, some companies struggle over which tool to move forward with — always asking for more information or another demo without coming to a decision. Organisations that don’t have a formal methodology for solution selection will find themselves with a higher percentage of failed projects, although many times other issues will mask this reality.

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