It’s About Time! The Journyx Blog

Lost time is never found again; and what we call time enough, always proves little enough. — Benjamin Franklin, The Way to Wealth (1758) In my last post on the topic of KPIs, we explored the marketing and financial metrics that I felt were critical for companies to measure. The focus of this post is your services team – that is, the team who rolls out your product or service to your customers, managing the solution implementations, integrations, associated training, and customizations. This post is mainly aimed at software or software-as-a-service (SaaS) companies; however, this may be helpful to other types of companies that have a very similar functional area. Read More

What gets measured gets done. — W. Edward Deming Doctors monitor our personal health with metrics like blood pressure, heart rate, and temperature. Likewise, businesses have key indicators of performance (KPIs) that business leaders track. Just like starting a new fitness program, a new year is a good time to calibrate your business by making sure you’re measuring the most important things. Some business KPIs are obvious: revenue, profitability, number of units sold, etc. Others may not be so familiar. Read More

Do you make New Year’s resolutions? Even though I make them, too often I find myself in the same spot as many other resolution-makers. Resolutions made are often not resolutions kept, as I look sadly at the scale, eat another cupcake, and stare with disgust at the treadmill. But I digress… What about our business resolutions, though? We all have goals to make our jobs easier and less stressful, while making the company more successful. This can be in any functional area of the business, and is certainly no exception in the area project management. Read More

Much has been made of the warnings of really smart people that have said artificial intelligence (AI) advances lead to the end of us all. No kidding. Steven Hawking said, “The development of full artificial intelligence could spell the doom of the human race”. Elon Musk said, “I have exposure to the very cutting-edge AI, and I think people should be really concerned about it. I keep sounding the alarm bell, but until people see robots going down the street killing people, they don’t know how to react, because it seems so ethereal.” Read More

As with most things we have to do in our daily lives, there’s a right way to budget for projects, and a wrong way. The wrong way would be to pull a random number out of the air and hope for the best – although, sometimes that may be the only way to get the data you need to budget correctly next time around (as the saying goes, “Failure is just practice for success”). Read More

Almost everything we use in this day and age is “smart” – smart devices, smart homes, smart cars, smart TVs. Technology is constantly getting smarter about what we’re doing, what we’ve done in the past, and what we need now as a result – whether it’s Google suggesting a restaurant we might like near our location, or Facebook knowing what kinds of ads to serve you at a certain time of day. There are myriad “personal assistant” devices that you can simply call on to help you find anything you need. Read More

The General Data Protection Regulation (GDPR) is replacing existing EU data privacy regulations. Organizations that are impacted by the regulation must achieve GDPR compliance by May 25, 2018. Among the many business processes it impacts, GDPR may significantly change your company’s selection of business software vendors. Read More

A recent Forbes article, Should Big Data Be Used To Measure Employee Productivity?, includes some interesting insights on a study done by Society for Industrial and Organizational Psychology. The study specifically looks at how employees respond to big data/machine learning when applied to employee productivity. Read More

As organizations look for more, and better ways to achieve profitability and operational goals, the search for the right technology is always a very important piece of the equation. Often the options to consider are using an “all-in-one” ERP or workforce management solution, or focusing on “best of breed” solutions to help run the business efficiently. Read More

The history of time tracking is actually a long and storied one, stretching back over 200 years when Benjamin Franklin coined the phrase “Time is money” to emphasize efficiency in how people work. The time clock was invented as the Industrial Revolution brought about the need to track employee time as accurately and efficiently as possible – a need many companies still have today. Workforce models have also shifted dramatically over the centuries, and especially in the last twenty years – necessitating better means of tracking employee time for a variety of purposes, such as projects, payroll, and billing. I talked to Curt Finch, our CEO, who founded Journyx 21 years ago and introduced web-based project time tracking to the world. As someone who has seen the technology of time tracking grow and change incredibly over 3 decades, he has a unique perspective on its journey and future. Kari: Before you started Journyx, the concept of tracking time to projects was very dif Read More