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.” That’s how you maintain your competitive edge. It’s the essence of agility.

Agility 50

Agility Process Management McKinsey 50

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. It is a fast growing field and attracts a lot of entrepreneurs and innovators. For every 100 men promoted to manager, only 85 women were promoted. .

Human Resources 52

Human Resources Chemicals Software Engineering 52

The Horizons Tracker

JULY 1, 2020

” A new report from EIT Health and McKinsey therefore offers a timely opportunity to gauge progress. The report specifically looks at how the human capital available to healthcare providers may be supporting, or undermining, progress with AI in the sector.

Skills 95

Skills Report Technology Long-term 95

Harvard Business Review

JANUARY 17, 2013

Social entrepreneurs are stultified by traditional forms of financing. Donations and grants don't allow them to innovate and grow. This organizational innovation drew investment capital from institutional players like pension funds and endowments and allowed for appropriate time horizons.

Venture Capitalist 15

Venture Capitalist Entrepreneur Bond Finance 15

Harvard Business Review

MARCH 29, 2011

Editor's note: This post is part of a three-week series examining educational innovation and technology, published in partnership with the Advanced Leadership Initiative at Harvard University. When it comes to the work histories of the other top management team members at the organizations on our list, TFA again stands out.

Entrepreneur 17

Entrepreneur Education McKinsey Sample 17

Harvard Business Review

AUGUST 21, 2012

On the contrary, they may become the most powerful tools yet developed to raise the productivity of high-skill knowledge workers — the kind of workers who help drive innovation and growth, and who are going to be in increasingly short supply. The total potential value at stake in these sectors is $900 billion to $1.3 trillion annually.

Media 18

Media Productivity Products Technology 18

Harvard Business Review

JULY 17, 2017

Despite rapid innovations in data processing and machine learning, many businesses have yet to make the leap from the Industrial Age to the information age, and the gap between technological and organizational progress is widening. Closing this gap requires much more than short-term fixes, like adopting new technologies. Insight Center.

Industry 15

Industry Short-term Planning Long-term 15

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). Sadly, chief executives aren’t the only ones with this negative perception.

Human Capital 16

Human Capital Charan Human Resources Cost 16

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

SEPTEMBER 18, 2013

based consulting firm started by a pair of McKinsey alumni. These are all important questions for the founders of HourlyNerd to consider, but for now, they probably want to celebrate their successful first round of financing (not to mention, get ready for the start of their second year at business school).

McCallum 12

McCallum Consultative Real Estate Disruptive Innovation 12

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. Any data-driven, analytics-obsessed trader or investor would be thrilled running a Facebook fund.

Hedge 15

Hedge Core Competence CFO ROI 15

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. Both consultancies have useful advice to help fix the problem: McKinsey describes how to set up effective integration plans, while PwC describes best practices for CEO transitions. Of course not.

Succession 8

Succession Human Capital McKinsey Committee 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. The debate about superstar firms and superstar effects has been intensifying, partly in response to the rapid growth of global US tech companies. Wider dynamics may be at play.

Industry 15

Industry Company GDP Bottom-up 15

Harvard Business Review

JANUARY 1, 2014

Rahul and Noelle both made the transition into public service through Fuse Corps—a social sector start-up launched in 2011 with the support of companies like McKinsey, GE, and Starbucks to provide a pathway for talented professionals who wish to contribute to the public sector but don’t know where to begin.

Entrepreneur 11

Entrepreneur Politics Budgeting Policies 11

Harvard Business Review

JANUARY 11, 2016

In our experience at McKinsey, creating this ideal partnership usually requires the CFO to become more directly and deeply involved in strategy development. First, the finance chief is often first among equals on the board of directors and can help engage the board more productively on strategy. There are two reasons for this.

Strategy 8

Strategy CFO Finance Short-term 8

Harvard Business Review

AUGUST 30, 2018

Although cross-border data flows grew 45x between 2005 and 2014, according to a McKinsey analysis , events since 2014 have pushed the pendulum to swing away from unconstrained data globalization. India’s finance ministry has proposed such an approach to the central bank. Data Is Deglobalizing.

Supply Chain 13

Supply Chain Globalization GAAP Policies 13

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. multinationals by the McKinsey Global Institute. private sector rose in the 1990s, but then fell in the 2000s.

Globalization 10

Globalization Rivkin Supply Chain Trends 10

Harvard Business Review

MAY 11, 2016

By ignoring the distribution, that statistic masks a more important trend: As the McKinsey Global Institute has documented , variance in corporate earnings has increased substantially as well. As McKinsey’s researchers write in their report : The most digitized sectors in the U.S. Others will try and fail.

McKinsey 8

McKinsey Document Engineering Outsourcing 8

Harvard Business Review

NOVEMBER 20, 2015

According to estimates from McKinsey, consumers in these markets could be worth $30 trillion by 2025 — a significant step up from the 2010 value of $12 trillion. For most governments, financing the global goals campaigns will be a stretch; governments have already reneged in the past on commitments for similar targets.

Goal 8

Goal Supply Chain Development Globalization 8

LDRLB

OCTOBER 4, 2011

I’ve just finished reading another good article about an innovator’s need to open the mind. Articles like these always make me wonder: Doesn’t the other 95% of the business need to innovate, too? Their reactivity drags down whatever innovations do arise, and it’s really too bad.

Wilde 101

Wilde Innovation Leadership Resistance 101

Harvard Business Review

APRIL 1, 2016

Recent research from the McKinsey Global Institute (MGI) looked at the state of digitization in sectors across the U.S. Right behind it are media, finance, and professional services, all of which have far more sophisticated digital capabilities than the rest of the economy.

Industry 8

Industry Benchmarking Supply Chain Health Care 8

LDRLB

OCTOBER 4, 2011

I’ve just finished reading another good article about an innovator’s need to open the mind. Articles like these always make me wonder: Doesn’t the other 95% of the business need to innovate, too? Their reactivity drags down whatever innovations do arise, and it’s really too bad.

Wilde 90

Wilde Innovation Leadership Resistance 90

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. Autonomy is both the organizational and the operational center of gravity for innovation and growth.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

JULY 27, 2015

What’s more, the recent McKinsey study on Greek competitiveness shows that the country’s biggest challenge has been a lack of investment. Although former finance minister Yanis Varoufakis made eloquent appeals about the need to rethink macro, he said very little about changing how the economy is run.

Banking 8

Banking Crisis Policies Tourism 8

Marshall Goldsmith

FEBRUARY 8, 2018

Co-founder of Rose Park Advisors—Disruptive Innovation Fund. A leading thinker on strategy and breakthrough innovation. Tammy Erickson – McKinsey award-winning author. Formerly a leader in the automotive, retail, restaurant, media innovation and consulting industries. Darek Lenart – Senior VP HR, Finance MasterCard.

Executive Coaching 70

Executive Coaching CEO Banking Magazine 70

Harvard Business Review

SEPTEMBER 11, 2017

Companies and government agencies often make the mistake of viewing innovation as a set of unconstrained activities with no discipline. In reality, for innovation to contribute to a company or government agency, it needs to be designed as a process from start to deployment.

Process 15

Process Innovation Incubator Committee 15

The Horizons Tracker

FEBRUARY 24, 2021

Wharton research further elaborates on this point by pointing out that immigrant founders not only create jobs, but also bring considerable finance with them. Historically, immigrants have helped America lead the world in technological innovation,” the authors say. Artificial intelligence is no exception. Brain drain.

Policies 102

Policies McKinsey Innovation Globalization 102

Harvard Business Review

SEPTEMBER 13, 2017

And as innovation brings self-driving cars, electric vehicles, in-vehicle data connectivity, mechanisms for sharing rides and vehicles, and other technologies to more people, getting around cities will become easier, faster, and safer. million deaths in 2015 ), and air pollution (health problems like respiratory ailments).

Transportation 14

Transportation Technology GDP Policies 14

Harvard Business Review

OCTOBER 27, 2015

and China take the lead in tech innovation. 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. Investing in innovation capacity.

Crisis 8

Crisis McKinsey Policies Globalization 8

Harvard Business Review

MAY 1, 2015

McKinsey analyzed more than 3,000 software and online-services firms from a 22-year period, finding that fewer than a third reached $100 million in revenue growth. How many software companies really make it big, at least in terms of revenue? Only a handful of companies reached the elusive $4 billion mark.

Software 8

Software Company McKinsey Incentives 8