The Horizons Tracker

OCTOBER 30, 2019

Consulting giant McKinsey recently argued that the talk about Asian economic hegemony has been largely underestimated. This lack of technological legacy has enabled such a rapid pace of innovation to unfold that the majority of financial transactions are now completed via mobile phones. Digital dominance.

Marketing 45

Marketing McKinsey Innovation GDP 45

Strategy Driven

JULY 13, 2011

Filled with in-depth insights from experts at McKinsey & Company, this reliable resource takes a much more qualitative approach to what the authors consider a lost art. Operating-cost productivity metrics might include the component costs for building an automobile or delivering a package, the rates of rework, and so forth.

ROIC 62

ROIC Balanced Scorecard Metrics McKinsey 62

CO2

APRIL 1, 2022

A recent survey conducted by McKinsey found that 42% of millennial and Gen Z consumers cited purpose as the primary reason they switched brands. After all, your business’s future success depends not only on the health and longevity of the community in which you operate — but also on the health of our entire world.

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

CO2

APRIL 1, 2022

A recent survey conducted by McKinsey found that 42% of millennial and Gen Z consumers cited purpose as the primary reason they switched brands. After all, your business’s future success depends not only on the health and longevity of the community in which you operate — but also on the health of our entire world. Ernst & Young.

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

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. Even if executives try to prioritize it, innovation often gets crowded out by more “urgent” short-term pressures.

Innovation 8

Innovation P&L ROI Long-term 8

Harvard Business Review

FEBRUARY 18, 2015

New research , funded by the Tony Elumelu Foundation and conducted by my team at the African Institution of Technology , shows that within Africa, innovation is accelerating and the continent is finding better ways of solving local problems, even as it attracts top technology global brands. Opportunity is on the rise in Africa.

Innovation 8

Innovation Engineering Entrepreneur Banking 8

Harvard Business Review

APRIL 5, 2017

The McKinsey Global Institute, in conjunction with FCLT Global, recently released research stating that long-term-oriented companies perform better than those that focus on short-term results. While a laudable effort in principle, measuring a company’s tendency to make myopic operating and investing decisions is fiendishly complex.

EPS 8

EPS Metrics Depreciation Short-term 8

Harvard Business Review

NOVEMBER 30, 2017

Even more striking, new research from the McKinsey Global Institute analyzes firm-level financial results and finds a stark contrast in performance between the biggest U.S. Many of the small and midsize manufacturers that did manage to survive kept going by cutting costs, which has led to stagnant wage growth. Even when large U.S.

Supply Chain 8

Supply Chain McKinsey Incentives Bottom-up 8

Harvard Business Review

OCTOBER 17, 2018

New research from the McKinsey Global Institute simulates the potential global macroeconomic impact of five powerful technologies (computer vision, natural language, virtual assistants, robotic process automation, and advanced machine learning). GDP growth a year across the period. Second is that returns for front-runners tend to be large.

GDP 10

GDP McKinsey Long-term Technology 10

Harvard Business Review

MARCH 30, 2016

Research by McKinsey shows that, on average, 30% of corporate earnings are at stake when it comes to a company’s relationships with society. As a global survey conducted by McKinsey shows, only 21% of business executives think their company frequently engages successfully. The current model is not working. Engage radically.

Company 8

Company McKinsey Short-term Long-term 8

Harvard Business Review

FEBRUARY 22, 2011

We were struck by the assumption made by an article in The McKinsey Quarterly this month. Thus, as the McKinsey Global Institute team states, and its analysis of 80 years of data shows, "over the long term. Yet, as obviously logical as that finding turns out to be, McKinsey was right to frame it as counterintuitive.

McKinsey 15

McKinsey Efficiency Long-term Analysis 15

Harvard Business Review

JULY 9, 2018

But it’s particularly difficult for large, traditional firms , especially those which operate in consolidated, non-growth industries (think pulp and paper, steel, airlines) and which are often located away from the metropolitan areas where data scientists live. And they can create a lot of value by generating new business.

Bottom-up 9

Bottom-up Operations Training Efficiency 9

Harvard Business Review

NOVEMBER 22, 2017

Increasing value in health care is a top priority for health systems, payers, and policy makers across the globe, as health care costs continue to escalate and consume an ever-greater proportion of national expenditures. Brandon Carrus, a senior partner at McKinsey & Co. Sensitivity to operations. Commitment to resilience.

Health Care 8

Health Care Content Chief Information Officer Efficiency 8

Harvard Business Review

MARCH 8, 2013

The smartest minds in social innovation are increasingly committed to engaging with the private sector to make significant changes in areas like health, education, and poverty. This framework has the potential to reverse the typical role of CSR, currently viewed as a way to "give back" to communities that a business operates in.

Entrepreneur 8

Entrepreneur Porter Team Innovation 8

Harvard Business Review

OCTOBER 21, 2016

Yet executives are often reluctant to place sustainability core to their company’s business strategy in the mistaken belief that the costs outweigh the benefits. This can disrupt a firm’s ability to operate on schedule and budget. These require sophisticated, sustainability-based management.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

AUGUST 16, 2017

How can you make core business operations more sustainable? Global Managing Partner, McKinsey & Co. Regardless of your views on the who, what, when, and why of climate change, the pursuit of sustainable processes up and down supply chains can translate into immediate savings — and opportunities for innovation.

Project 8

Project Henderson Supply Chain Short-term 8

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

JANUARY 31, 2013

First we see major shifts in demand: developing economies such as China and India are morphing from the world's source of low-cost manufacturing capacity to the world's best market opportunities. Then, manufacturing's most important role is as a driver of innovation, trade, and productivity.

Globalization 9

Globalization Supply Chain Pharmaceuticals McKinsey 9

Harvard Business Review

JANUARY 3, 2011

The cause was not malfeasant individuals; it was inadequately designed and operated systems of care delivery. The only reasonable explanation for this disparity between effort and outcome is that health care leaders are not investing in the right operational changes to achieve excellence in safety, affordability, and capacity.

Health Care 15

Health Care Kaizen McKinsey Operations 15

Harvard Business Review

JANUARY 25, 2012

The data-driven have crafted the best strategies, uncovered wholly new markets, and kept operational costs low. But they are nothing compared to the challenges of defining and managing the processes to link data from (disparate) cost and revenue centers, conduct the analyses, and renegotiate contracts. Invest in people.

Organization 15

Organization Telecommunications McKinsey Price 15

Harvard Business Review

JANUARY 20, 2015

New research we conducted at the McKinsey Global Institute found that while this is a very tall order, it could be do-able. In the near term, improving operations and procurement is the most promising lever for higher productivity. We see a rich pipeline of innovation ahead in both developed and emerging economies. We disagree.

Globalization 8

Globalization Productivity Products GDP 8

Harvard Business Review

SEPTEMBER 28, 2012

The same investment logic holds for Apple's innovation ecosystem; the flow and fortune of its third-party apps development alone would yield valuable insight. That's as true for a Walmart or a JCPenney as it is for a McKinsey & Co. But that mind-set's simply too focused and operational. or a PricewaterhouseCoopers. More >>.

Hedge 15

Hedge Core Competence CFO ROI 15

Harvard Business Review

FEBRUARY 16, 2016

Previous McKinsey research has highlighted a strong correlation between leadership performance and organizational health, itself a strong predictor of a robust bottom line. Operating with a strong orientation to results. At McKinsey, we’ve been working on this issue with our own colleagues as well as with business leaders.

Leadership 8

Leadership McKinsey Stress Creativity 8

Harvard Business Review

DECEMBER 11, 2018

” A 10-year McKinsey study on flow found that top executives are up to 500% more productive when they’re in a state of flow. I conducted a two-week, six-hour workday experiment with my team at Collective Campus, an innovation accelerator based in Melbourne, Australia. How to Foster a Shorter, More Productive Workday.

Outsourcing 15

Outsourcing Stress Productivity Products 15

Harvard Business Review

JULY 20, 2011

For all of the fervor around innovation, far too many organizations are hostile places for new ideas and the people who harbor them. All too often, new ideas are cooked up in a hothouse environment, like the executive inner sanctum or an invitation-only innovation offsite, and not shared widely until they've been sanctioned from on high.

Innovation 13

Innovation Webinar Proposal Hamel 13

Harvard Business Review

DECEMBER 4, 2017

But I think the interesting part comes when they start to see it as an opportunity for innovations that are financially beneficial as well as socially beneficial. For example, installing a rapidly deployable flood barrier around your campus can help keep your buildings operational during megastorms. The result will be innovation.

Project 8

Project Advice Henderson Short-term 8

Harvard Business Review

MARCH 7, 2012

The evidence indicates that the United States is losing its ability to attract and expand the operations of multinationals and their significant contributions to productivity growth, innovation, and high-wage employment. shares of the global operations of U.S.-based multinationals by the McKinsey Global Institute.

Globalization 10

Globalization Rivkin Supply Chain Trends 10

Harvard Business Review

JANUARY 27, 2017

The bad news: Petabytes of new data and algorithmic innovation assure that “autonomy creep” will relentlessly challenge human oversight from within. McKinsey, Bain, and BCG are the management models here. In reality, “handoffs” and transitions prove to be significant operational problems.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

FEBRUARY 13, 2013

The critical challenges society faces — such as water scarcity, access to education, and the rising cost of healthcare — increasingly require the business, government and nonprofit sectors to work together to create lasting solutions. Jeff Seabright is a model tri-sector athlete but they come in many forms.

Globalization 9

Globalization Career McKinsey Strategic Planning 9

Harvard Business Review

DECEMBER 14, 2015

At McKinsey, we are conducting our own research into the impact of automation on jobs and organizations and recently published a brief paper previewing some of our findings. These activities can be automated with currently demonstrated technology, completing the analysis more quickly and accurately than the manager ever could.

Osborne 8

Osborne Technology McKinsey Marketing 8

Harvard Business Review

JUNE 26, 2013

More restrictions on coal could raise dirty energy costs if utilities can''t reduce emissions profitably ( which they''re already doing ). In other words, costs for energy will potentially rise if your power is heavily coal-dependent. Talk about our deep need to change how we operate fundamentally, but for the better.

Payback Period 8

Payback Period Energy Politics Efficiency 8

Harvard Business Review

FEBRUARY 11, 2016

Too often, purchasing departments manage the selection while operating managers—not involved in selection by fiat—are expected to make the relationship work. A recent McKinsey global survey found that just 26 percent of surveyed executives say that key change initiatives were successful at sustainably improving the organization.

Agility 8

Agility Organization Resources Fixed Costs 8

Ask Atma

JANUARY 2, 2011

If the person(s) responsible for managing are able to look at the eighteen points above and determine they are more or less in place, they are operating at the most fundamental or beginner’s level of management. Personnel cost planning. the company increases profitability and stays in business; and. the number of jobs increases.

Management 40

Management CRM Objective Human Resources 40

Harvard Business Review

APRIL 27, 2015

Can you think of any business topic that’s been hotter for longer than innovation? In a McKinsey poll , 94% of the managers surveyed said they were dissatisfied with their company’s innovation performance. And yet when it comes to innovation, the gap between aspiration and accomplishment seems as big as ever.

Innovation 8

Innovation Company Engineering Supply Chain 8

Harvard Business Review

SEPTEMBER 26, 2018

But even ignoring the fundamental unfairness (and illegality) of biased employment practices, these practices pose significant risks to the companies that engage in them — not least of which is the high cost of lawsuits and settlements.

Welch 10

Welch Reputation Diversity Media 10

Harvard Business Review

JUNE 2, 2017

At the same time, technological innovation in transportation, the largest single user of oil, is helping to lower energy consumption as engines become more fuel efficient and the use of autonomous and electric vehicles grows. Productivity-enhancing technology is already being deployed in mining operations around the world.

Technology 8

Technology Resources Industry Energy 8

Harvard Business Review

DECEMBER 7, 2018

By 2016, SABMiller had brewing operations in around forty of Africa’s fifty-four countries. In it, we distill the insights from over 3,000 McKinsey consulting engagements across Africa, and hone case studies from interviews with dozens of successful CEOs, entrepreneurs, and development leaders.

Brand 8

Brand Case Study Globalization Marketing 8