Strategy Driven

JULY 13, 2011

Value: The Four Cornerstones of Corporate Finance by Tim Koller. While you can find numerous books focused on the topic of corporate finance, few offer the type of information managers need to help them make important decisions day in and day out. Discusses the four foundational principles of corporate finance.

ROIC 62

ROIC Balanced Scorecard Metrics McKinsey 62

Harvard Business Review

APRIL 16, 2015

Unless your company’s return on capital exceeds its cost of capital, no amount of revenue growth can create value. For the many firms whose cost of capital and return on capital are roughly equal, in fact, the only path to value creation is to increase return on capital. Financial analysis Financial management'

CEO 8

CEO ROIC Cost of Capital Merton 8

Harvard Business Review

OCTOBER 31, 2014

Human-capital issues are top-of-mind for CEOs around the world — but their regard for the HR function remains perilously low: In a PwC study , only 34% said that HR is well prepared to capitalize on transformational trends (compared with 56% for finance). These managers also bring a valuable perspective to the table.

Human Capital 14

Human Capital Charan Human Resources Cost 14

Harvard Business Review

MAY 15, 2015

New reports from McKinsey and PwC paint a very bleak picture of C-suite succession practices in today’s corporations. PwC, meanwhile, calculated the economic cost of large global companies getting their most important C-suite appointment – CEO – wrong: well over $100 billion. Of course not.

Succession 8

Succession Human Capital McKinsey Committee 8

Harvard Business Review

JANUARY 12, 2018

Does a robot manage your money? A study by Deloitte estimated that “assets under automated management” (including hybrid offerings) in the U.S. This would represent between 10% and 15% of total retail financial assets under management. Kearney predicts that assets under “robo-management” will total $2.2

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

JANUARY 11, 2016

For chief executives, developing a good strategy is a management challenge that, at its best, involves maximizing the unique contributions of very different executives and, at its worst, requires managing counterproductive tension and turf wars between CFOs, CSOs and, quite often, business-unit heads. There are two reasons for this.

Strategy 8

Strategy CFO Finance Short-term 8

Harvard Business Review

JULY 3, 2018

It’s easy to see what countries think they have to gain in these efforts: The Ellen MacArthur Foundation , McKinsey , and Accenture believe that enabling CEs will lead to trillions of dollars in savings and is a particularly significant step in protecting the environment. It also lowers the cost of refurbishing.

Policies 8

Policies Asset Management Cost Productivity 8

Harvard Business Review

SEPTEMBER 13, 2017

Such improvements could help cut the costs of traffic congestion ( about 1% of GDP globally ), road accidents ( 1.25 McKinsey and Bloomberg New Energy Finance have estimated that in 50 metropolitan areas worldwide, a rapid transition to advanced mobility systems could yield $600 billion in societal benefits through 2030.

Transportation 10

Transportation Technology GDP Policies 10

Harvard Business Review

APRIL 14, 2017

And in January 2017, McKinsey’s research arm estimated AI-driven job losses at 5%. All three are about using AI first to improve computer-to-computer (or machine-to-machine) activities before using it to eliminate jobs: Put AI to work on activities that have an immediate impact on revenue and cost. Related Video.

Company 13

Company Survey Finance Engineering 13

Harvard Business Review

DECEMBER 17, 2013

But the pacesetting style can also carry a high cost – Goleman notes that it “destroys climate [and] many employees feel overwhelmed by the pacesetter’s demands.” He revamped his role, delegating almost all of the tasks on his to-do list to his senior managers and had them do the same to their direct reports.

Goleman 13

Goleman Supply Chain Leadership Styles McKinsey 13

Harvard Business Review

OCTOBER 25, 2018

In our recent research at the McKinsey Global Institute, we examined the superstar phenomenon across firms, as well as sectors and cities. To analyze the superstar dynamics of firms, our metric was economic profit, a measure of a firm’s profit above and beyond opportunity cost. (To Wider dynamics may be at play.

Industry 12

Industry Company GDP Bottom-up 12

Harvard Business Review

SEPTEMBER 4, 2014

Practical leadership and management skills. Management education has changed significantly over the last few decades. Previously it focused on quantitative analysis in areas such as finance and operations, with little emphasis on other aspects of organizational life. How well-established are these courses?

Supply Chain 20

Supply Chain Reputation Education Learning-by-Doing 20

Harvard Business Review

OCTOBER 10, 2017

A recent McKinsey report found that while 84% of corporate executives think innovation is key to achieving growth objectives, only 6% are satisfied with the innovation performance of their firm. For any business to succeed over the long term, it must earn a return that exceeds its cost of capital. That’s quite a mismatch.

Innovation 8

Innovation P&L ROI Long-term 8

Harvard Business Review

MAY 14, 2013

In an opinion piece , Deloitte CEO Barry Salzberg says that millennials are increasingly thinking of finance, consulting, and corporate jobs as a "a tragedy of wasted minds." But the trend here is clear: Though Goldman Sachs and McKinsey were the top choices for Ivy League graduates five years ago, tech start-ups have now taken that place.

Trends 9

Trends McKinsey Career Marketing 9

Harvard Business Review

MARCH 14, 2016

Recent research from the McKinsey Global Institute explores this new era of digital globalization. We find that over the last decade, global flows of goods, services, finance, people, and data have contributed at least 10% of world GDP, adding $7.8 trillion in 2014 alone. What exactly makes up these cross-border digital flows?

Globalization 8

Globalization Supply Chain GDP Operations 8

Harvard Business Review

JULY 27, 2015

Besides the short-term costs of such a move, history shows us that Greece has never managed to benefit from currency devaluations. What’s more, the recent McKinsey study on Greek competitiveness shows that the country’s biggest challenge has been a lack of investment. In a country slipping from 1.8%

Banking 8

Banking Crisis Tourism Policies 8

Harvard Business Review

JANUARY 27, 2017

At some of the world’s most successful enterprises — Google, Netflix, Amazon, Alibaba, Facebook — autonomous algorithms, not talented managers, increasingly get the last word. Elite MBAs (Management by Algorithm) are the new normal. Top management would have to trust its computationally brilliant bidding software.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

MARCH 7, 2012

based multinationals are shifting jobs to lower-cost labor in foreign subsidiaries, the trends in employment warrant special attention. businesses appear to be the result of both labor-saving technological changes and the outsourcing of parts of production to independent contractors in low-cost foreign locations.

Globalization 10

Globalization Rivkin Supply Chain Trends 10

Harvard Business Review

SEPTEMBER 28, 2012

Google may not have a hedge fund, but it's unlikely that high IQ hedge funds aren't using Google's data to better manage their own situational awareness and risk. That's as true for a Walmart or a JCPenney as it is for a McKinsey & Co. An HBR Management Puzzle. These novel data opportunities indeed reflect "fundamental value."

Hedge 15

Hedge Core Competence CFO ROI 15

Harvard Business Review

JANUARY 19, 2016

Many leaders arrive into the C-suite having grown up in functions like Marketing or Finance and lean too heavily on instincts and cognitive biases shaped by their ascent within those disciplines. More typically, they reflexively make across-the-board cost cuts that restrict their ability to maneuver in a shifting competitive arena.

Execution 8

Execution Supply Chain Analysis Learning-by-Doing 8

HR Digest

NOVEMBER 9, 2023

percent of senior managerial and directorial roles , according to McKinsey. Factor in geographical variations when analyzing market data as salaries can differ significantly based on regional cost of living and labor market conditions. percent of the U.S. population according to Gallup , but hold only 1.2

System 52

System How To Benchmarking Diversity 52

Harvard Business Review

FEBRUARY 7, 2017

Companies deliver superior results when executives manage for long-term value creation and resist pressure from analysts and investors to focus excessively on meeting Wall Street’s quarterly earnings expectations. This has long seemed intuitively true to us. The returns to society and the overall economy were equally impressive.

Long-term 8

Long-term EPS Short-term Management 8

Strategy Driven

OCTOBER 25, 2019

Agility is defined by McKinsey & Company as “… the ability of an organization to renew itself, adapt, change quickly, and thrive in an environment characterized by rapid change, ambiguity, and turbulence.” Take inventory management, for example. 4 They Focus More on Developing Leadership Than Managing Staff.

Agility 50

Agility Process Management McKinsey 50

Harvard Business Review

JANUARY 17, 2013

Social entrepreneurs are stultified by traditional forms of financing. In the mid-1960s and early 1970s, a new type of investment vehicle was created: the professionally managed venture capital partnership. We live in a world awash with capital — some $200 trillion in financial assets according to McKinsey & Company.

Venture Capitalist 11

Venture Capitalist Entrepreneur Bond Finance 11

Harvard Business Review

OCTOBER 27, 2015

And a recently released report suggests that Europe’s digital divide problem extends way beyond the Atlantic; Europe is a distant third behind North America and Asia for $100 million plus financing for VC backed companies. According to estimates by McKinsey , if France were to shift into a higher gear and equal the U.K.’s

Crisis 8

Crisis McKinsey Policies Globalization 8