HR Digest

JULY 28, 2021

In a recent McKinsey Global Survey on the future of workforce needs, nearly nine in ten executives and managers say their organizations either face skills gap already or expect gaps to develop within the next five years. According to McKinsey, AI and automation will displace between 400 million and 800 million individuals by 2030.

McKinsey 134

McKinsey Aggregate Demand Industry Crisis 134

N2Growth Blog

SEPTEMBER 28, 2020

These Human Resource leaders represent the top 25 human resources leaders shaping careers, culture, and talent at the world’s most innovative people driven companies. Find HR’s hand (in a good way) in everything as an enabler and contributor to operations flowing all the way through to customer/client satisfaction.

Human Resources 476

Human Resources Globalization Resources Diversity 476

HR Digest

SEPTEMBER 21, 2023

Similarly, 42 percent of working mothers would look for higher pay, and 29 percent work seek additional training to boost their careers. McKinsey reported that working mothers were 1.5 McKinsey ’s survey also showed that working mothers were 6 percent more likely to be dealing with mental health concerns than their male counterparts.

GDP 98

GDP McKinsey Participative Report 98

Women on Business

NOVEMBER 29, 2011

Christina Shi is the Chief Operating Officer at Nike, Inc. and when you look into her progress and career path she brings a whole new meaning to the company slogan of “just do it”. Through her career, Christiana has taken a lot of risks. She started as a management consultant working for McKinsey & Co.

Power 205

Power McKinsey Chief Operating Officer Career 205

Women on Business

NOVEMBER 11, 2011

Another study by McKinsey & Co has “proven a positive correlation between a company’s performance and the proportion of women serving on its executive board. Don’t be so timid: The fact that so many women will not take risks and apply for jobs they currently do not have 100% skillset for is very career limiting.

McKinsey 199

McKinsey Career Definition Project 199

Great Leadership By Dan

OCTOBER 9, 2012

According to the 2010 McKinsey report, “ Woman Matter ”, companies with the highest percentage of women show the best performance. We'll be looking for accomplished woman leaders with a track record of success, that are looking to advance their careers. Yet there is a real pay-off for companies that choose to close this gap.

Leadership Development 249

Leadership Development Development Committee Leadership 249

HR Digest

NOVEMBER 20, 2020

Updated skills are the currency for future-proofing your career. Reskilling refers to learning new skills for a job switch or career pivot. Coding, budgeting, and marketing operations are examples. This was my cue for becoming a marketing technologist to solidify my value in the workplace. Hard skills require frequent updates.

Skills 145

Skills Emotional Intelligence CFO Power 145

Experience to Lead

AUGUST 27, 2024

A digital tsunami: According to a 2023 survey by McKinsey & Company, remote work adoption increased threefold during the pandemic, with around 20–25% of the global workforce working remotely multiple days a week. This is especially true for tech-savvy startups or established companies all over the world.

Osborne 52

Osborne Efficiency Training Environment 52

Persuasive Powerhouse

JANUARY 19, 2011

He has been a tank platoon leader, a McKinsey consultant, a senior executive, and now runs thoughtLEADERS – a leadership development and training firm. Not sure where this was instilled in my work life but is always a factor when starting a new job/career at a company. Your team will thank you for doing so after you leave.

Training 257

Training Blog Greenleaf Maslow 257

HR Digest

NOVEMBER 9, 2023

percent of senior managerial and directorial roles , according to McKinsey. Allow employees to choose courses, workshops, or certifications that align with their career goals and personal interests. An equitable compensation program guide and creating fair salary structures is important for the LGBT community as well, who makes up 7.1

System 52

System How To Benchmarking Diversity 52

Mills Scofield

JUNE 23, 2015

I was in awe of the power of the Brown community operating not just beyond these gates, but half-way around the world. A California native, she will move to New York to work for McKinsey & Company and plans to pursue a career in public service. “I don’t know” wasn’t a dead end in the conversation.

Class 70

Class Education Construction McKinsey 70

Mills Scofield

JUNE 23, 2015

I was in awe of the power of the Brown community operating not just beyond these gates, but half-way around the world. A California native, she will move to New York to work for McKinsey & Company and plans to pursue a career in public service. “I don’t know” wasn’t a dead end in the conversation.

Class 70

Class Education Construction McKinsey 70

Harvard Business Review

AUGUST 29, 2017

According to a recent McKinsey Global Institute report , the number of people in the global labor force will reach 3.5 Our ways of thinking about careers, colleagues, and collaboration will need to become more flexible and adaptable. Aspiring to a global career. Photo by Christine Roy. It consists of five key actions.

Succession 15

Succession Globalization Tacit Knowledge GDP 15

Harvard Business Review

SEPTEMBER 11, 2015

In-house strategy and consulting groups are growing in popularity , supplementing and increasingly winning business from traditional consulting firms such as McKinsey & Company, Boston Consulting Group and Bain & Company. McKinsey, Bain, or Boston Consulting Group). Work on discrete projects. Exceed client expectations.

Consultative 8

Consultative Team How To McKinsey 8

Harvard Business Review

MARCH 29, 2011

In this way, TFA, like all organizations, develops particular competencies through the careers of its members. This program builds connections between recent alumni interested in starting ventures and established social entrepreneurs, mimicking other career-related network structures that promote entrepreneurship and new venture formation.

Entrepreneur 15

Entrepreneur Education McKinsey Sample 15

Harvard Business Review

APRIL 11, 2017

Regardless of the specific reason why, the question now is how – how to leave in the right way, how to be credible, honest and transparent while acting in your own best interests, and how to preserve the long-term career capital you’ve worked so hard to create. Career Transitions. You and Your Team Series. Andy Molinsky.

Career 10

Career Long-term Human Capital Mentor 10

Harvard Business Review

AUGUST 8, 2018

According to research by McKinsey , up to half of new-leader transitions fail within two years. It’s typical for new employees to initially place most of their focus on the relationships with their direct manager and those they manage, but others across the organization can be just as critical in influencing your career.

Learning Curve 14

Learning Curve McKinsey Goal Planning 14

Harvard Business Review

JANUARY 5, 2018

USC’s John Boudreau, CEO adviser Ram Charan, and consultants at Bain & Company , McKinsey, and Korn Ferry have made similar arguments. That makes retaining them very different from retaining someone who wants to scale the corporate hierarchy by managing increasingly larger operations. So how do you keep them?

McKinsey 8

McKinsey Human Resources Reputation Brand 8

Harvard Business Review

DECEMBER 20, 2011

Running a country calls for a sophisticated array of leadership skills — from shaping strategy to building a team to managing day-to-day operations. After all, as Leonhardt points out, many top business school graduates start their careers with large consulting firms.

Consultative 15

Consultative Management Welch Objective 15

Harvard Business Review

FEBRUARY 14, 2017

In a dynamic economy workers are expected to adapt, to change not just jobs but sometimes careers, to pick up new skills when necessary. If a program has a low cost per student but fails to actually help people forge a solid career, then the fact that the failure is cheap does not make it any less of a failure.

Metrics 11

Metrics TCO Training Cost-Benefit Analysis 11

Harvard Business Review

SEPTEMBER 4, 2014

Previously it focused on quantitative analysis in areas such as finance and operations, with little emphasis on other aspects of organizational life. No career paths absolutely require an MBA—it’s an optional degree and is nothing like a JD, an MD or the other credentials that professions such as law and medicine make mandatory.

Supply Chain 21

Supply Chain Reputation Education Learning-by-Doing 21

Harvard Business Review

SEPTEMBER 12, 2012

A McKinsey study found that across all industry sectors, companies with the most women on their boards of directors significantly and consistently outperform those with no female representation: by 41% in terms of return on equity and by 56% in terms of operating results.

Diversity 15

Diversity McKinsey Incentives Proposal 15

Harvard Business Review

NOVEMBER 26, 2013

And that means providing world-class training, clear and lucrative career paths and, increasingly, a work-life balance that allows people to enjoy the fruits of their success. The days when Goldman Sachs and McKinsey threw piles of money at overseas-educated returnees are long gone. The work ethic of Chinese employees is still fierce.

Globalization 8

Globalization Operations McKinsey Mentor 8

Harvard Business Review

FEBRUARY 13, 2013

But this is only possible if the senior executives of our leading institutions are what Dominic Barton, Worldwide Managing Director of McKinsey & Company, refers to as "tri-sector athletes" — leaders able to engage and collaborate across all three sectors. Jeff Seabright is a model tri-sector athlete but they come in many forms.

Globalization 10

Globalization Career McKinsey Strategic Planning 10

Harvard Business Review

FEBRUARY 16, 2012

Research by the McKinsey Global Institute predicts that by 2020, the U.S. The Labor Market Maker would be responsible for identifying the skills employers need — now and in the future — and signaling that information to individuals, so they can plan their careers, and schools, so they can plan their curricula.

Marketing 14

Marketing Restructuring McKinsey Education 14

Harvard Business Review

JUNE 24, 2014

In the late 1990s, Steven Hankin of McKinsey provoked a lot of discussion when he coined the phrase “the war for talent.” A few years ago, we invited a group of early career high-performers to advise the company on how best to factor their specific needs into GE leadership processes.

Long-term 8

Long-term Globalization McKinsey Education 8

Harvard Business Review

NOVEMBER 22, 2016

A recent McKinsey study shows that there really are tasks that only humans can do for the foreseeable future, particularly in areas such as education and health care. We’ve seen it happen already across manufacturing, food service, and retail operations. We’re never going to automate every job out of existence.

Technology 8

Technology Education Analysis McKinsey 8

Harvard Business Review

OCTOBER 24, 2016

In a survey of nearly 3,000 executives about the success of their enterprise transformation efforts, McKinsey discovered the failure rate to be higher than 60%, while Harvard Business Review conducted a study that suggested more than 70% of transformation efforts fail. The CEO was perpetuating the very problem he sought to fix.

Organization 8

Organization Self-aware Constraint Resistance 8

Harvard Business Review

MARCH 23, 2016

These larger companies, once considered pinnacles of career opportunity, have become employers of last resort. At several financial services firms , for example, business units whose employees reported speaking up more had significantly better financial and operational results than others.”

Company 8

Company McKinsey Survey COO 8

Harvard Business Review

FEBRUARY 15, 2012

We are delighted to announce the winners of the Beyond Bureaucracy Challenge , the second leg of the HBR/McKinsey M-Prize for Management Innovation. They call it a "WeOrg" — and their story offers up a playbook for any organization looking to inject more freedom and self-regulation into its operations. Story by Bjarte Bogsnes.

Bureaucracy 14

Bureaucracy Company Agility CIO 14

Harvard Business Review

JANUARY 22, 2015

And it confuses young, promising managers about what skills and behaviors they need to develop to advance their careers. This puts you at risk of missing out on true top talent and promoting the wrong people. For example, when a U.S.

Leadership Development 8

Leadership Development Development Leadership Leadership Pipeline 8

Harvard Business Review

JANUARY 31, 2014

One of the first, and most lasting, pieces of career advice I received came from Linda Bush, my first project manager when I was a wee pup working at McKinsey & Company. A phone call to an expert can shine light on a critical operational assumption. Ask a lot of questions,” Linda advised me.

Innovation 12

Innovation Disruptive Innovation Learning-by-Doing Participative 12

Harvard Business Review

JANUARY 17, 2014

By 2018, the United States alone could face a shortage of as many as 190,000 people with deep analytical skills according to a study by the McKinsey Global Institute. million managers and analysts who understand big data and how to apply it to business operations. The study also found a looming need for over 1.5

Information Technology 8

Information Technology Technology McKinsey Globalization 8

HR Digest

DECEMBER 8, 2020

A recent Mckinsey & Company survey shows that since 2015, America has seen only a modest growth in women’s well paid jobs representation in the corporate pipeline. They mostly operate out of grocery and drugstore pharmacies, others are employed in hospitals or in clinical settings. Operations Research Analyst.

Human Resources 52

Human Resources Chemicals Software Engineering 52

Harvard Business Review

SEPTEMBER 1, 2015

As the new CEO of Google, he has been handed the keys to one of the world’s most valuable brands , the top website to open to get to other websites , the most popular operating system for smartphones , and the most desirable employer for engineering or business graduates. Born in Chennai, India, he came to the U.S.

CEO 8

CEO Engineering Advertising Technology 8

Harvard Business Review

DECEMBER 11, 2018

Well, Angelia, according to a recent study by McKinsey, over $1.3 And we’re seeing these business leaders of tomorrow they’re really championing a new operating model of work. And in each of these situations, there were young gifted leaders that had the foresight to use these new categories as rocket fuel for their careers.

Content 8

Content Crisis Apparel Learning-by-Doing 8

Harvard Business Review

DECEMBER 22, 2016

Obama nominated Robert McDonald , an Army veteran and experienced executive who had honed his leadership skills during a 33-year career at Proctor and Gamble, to attempt the difficult turnaround. The fallout was dramatic: the Secretary of Veterans Affairs resigned and the FBI initiated a criminal investigation.

Six Sigma 8

Six Sigma Learning-by-Doing Crisis Kotter 8