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

Strategy Driven

MARCH 15, 2019

To illustrate that this thinking goes right to the top of hard-headed business thinking, in their ‘Reflections from Davos’ report regarding the meeting of the World Economic Forum, the managing partner of McKinsey was quoted as saying “the next innovation imperative will be social innovation – business’s role will be critical here.”

Supply Chain 75

Supply Chain Brand Advertising PR 75

The Horizons Tracker

SEPTEMBER 22, 2022

Similarly, there are evident challenges in terms of market sophistication, with the country ranking 123rd in terms of ease of getting credit and general access to finance. For instance, the Global Innovation Index ranks the country just 117th in terms of ICT usage, with the general infrastructure ranked even worse.

Succession 84

Succession Entrepreneur Globalization Innovation 84

The Horizons Tracker

JULY 1, 2020

Yet, in the space of a month, telehealth has grown to the point that 90% of primary care appointments were being delivered virtually, with apps being developed to provide remote monitoring of people as they monitor and manage their symptoms of the virus. One of the core challenges identified in the report is the time required to train.

Skills 95

Skills Report Technology Long-term 95

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. For every 100 men promoted to manager, only 85 women were promoted. . Computer and information systems managers. Human Resource Managers.

Human Resources 52

Human Resources Chemicals Software Engineering 52

Harvard Business Review

MARCH 24, 2011

What makes the matter fascinating to industry watchers, approximately their equivalent of the Charlie Sheen supernova, is that Gupta served three terms as managing director of McKinsey & Co., There has been no suggestion that Gupta betrayed any client confidences in his McKinsey days. from 1994 to 2003. billion to $3.4

McKinsey 16

McKinsey Consultative Waterman Intellectual Capital 16

First Friday Book Synopsis

DECEMBER 31, 2012

I hope that at least a few of these recent posts will be of interest to you: BOOK REVIEWS Tap Dancing to Work: Warren Buffett on Practically Everything Carol J. Loomis The Leaders We Need: And What Makes Us Follow Michael Macoby The Tao of Twitter: Changing Your Life and Business 140 Characters at a Time [.].

Blog 80

Blog Review Books McKinsey 80

HR Digest

NOVEMBER 9, 2023

percent of senior managerial and directorial roles , according to McKinsey. Cross-Functional Collaboration Encourage collaboration between HR, finance, and departmental leaders to collectively design and review the compensation system. 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

MARCH 29, 2011

In a recent article published in EducationNext, "Creating a Corps of Change Agents," Jennie Weiner, Wendy Robison, Rick Hess and I analyzed the career histories of founders and top management team members of organizations identified as "entrepreneurial" in education and found that TFA is overly represented in the career histories of both groups.

Entrepreneur 17

Entrepreneur Education McKinsey Sample 17

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 21

Supply Chain Reputation Education Learning-by-Doing 21

Harvard Business Review

JULY 25, 2012

Most executives teams are surprisingly weak when it comes to strategy thinking, note Michael Birshan and Jayanti Kar in McKinsey Quarterly. Executives need to study, understand, and internalize the economics, psychology, and laws of their own industries, and to bring that knowledge to bear in formulating and managing strategy.

Strategy 15

Strategy CIO McKinsey Industry 15

Harvard Business Review

APRIL 14, 2017

And in January 2017, McKinsey’s research arm estimated AI-driven job losses at 5%. Could Liberate 50% of Managers' Time. Some 51% of our AI leaders predicted that by 2020 AI will have its biggest internal impact on their back-office functions of IT and finance/accounting; only 34% of AI followers said the same thing.

Company 18

Company Survey Finance Engineering 18

Harvard Business Review

JULY 29, 2014

In the July/August issue of HBR , Ram Charan argues that the Chief Human Resources Officer (CHRO) role should be eliminated, with HR responsibilities funneled in two separate directions — administration , led by traditional HR-types, reporting to the CFO; and talent strategy , led by high-potential line managers, reporting to the corner office.

CFO 15

CFO Charan Intangible Assets Human Resources 15

Harvard Business Review

DECEMBER 17, 2013

(“Leadership That Gets Results” provides a useful roadmap here, highlighting the styles that have the greatest positive impact or are used less frequently by managers.). 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 15

Goleman Supply Chain Leadership Styles McKinsey 15

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 15

Venture Capitalist Entrepreneur Bond Finance 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). These managers also bring a valuable perspective to the table.

Human Capital 16

Human Capital Charan Human Resources Cost 16

Harvard Business Review

AUGUST 21, 2012

Based on numerous case studies and in-depth research in four sectors (consumer packaged goods, consumer finance, professional services, and advanced manufacturing), McKinsey Global Institute analyzed the potential value that could be obtained through the use of social technologies. trillion annually.

Media 18

Media Productivity Products Technology 18

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 13

Trends McKinsey Career Marketing 13

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. Superstar firms and sectors also create strong wealth effects for investors, asset managers, and home owners, and these wealth effects are also concentrated among superstar cities.

Industry 15

Industry Company GDP Bottom-up 15

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

AUGUST 21, 2017

It wasn’t until I moved to Paris in 1997 to become Finance Manager for Disney Consumer Products Europe, Middle East, and Africa that I experienced someone setting a non-negotiable boundary for herself. But so did my peers, whether or not they had children, partners, or aging parents. It was just the industry and firm norm.

Team 15

Team Conference Restructuring Learning-by-Doing 15

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

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

APRIL 16, 2015

A 2012 McKinsey Report shows that over a 15 year period companies that shifted more than 56% of their capital across their business units during that period delivered annual return to shareholders that were a third higher than those delivered by companies that allocated roughly the same amount of capital per unit as they had the previous year.

CEO 8

CEO ROIC Cost of Capital Merton 8

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 10

Information Technology Technology McKinsey Globalization 10

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 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

MARCH 7, 2012

multinationals by the McKinsey Global Institute. Foreign expansion can fuel employment growth at home in areas like manufacturing, logistics, R&D, design, marketing, finance, and management. These concerns can be heard in many places: the sobering survey by Michael Porter and Jan Rivkin in HBR's special March issue on U.S.

Globalization 10

Globalization Rivkin Supply Chain Trends 10

Harvard Business Review

JULY 26, 2013

First up was Galleon Group and its founder, Raj Rajaratnam, brought down in an investigation that also resulted in the conviction of former McKinsey chief and Goldman Sachs board member Rajat Gupta. Finding out things about corporations that management would rather not disclose is something professional money managers are supposed to do.

Hedge 10

Hedge Handbook Crisis Price 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.

McKinsey 8

McKinsey Document Engineering Outsourcing 8

Harvard Business Review

JULY 2, 2013

The fact is that Greece is monstrously inefficient as a manager of public services. True, to the surprise of many analysts, the prime minister, Antonis Samaras, abandoned his earlier populist rhetoric and tried to sort out public finances. Change management is the current imperative for Greece. It is past time.

Politics 8

Politics Restructuring Crisis McKinsey 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. Then we looked at how some companies overcame these impediments.

Policies 8

Policies Asset Management Cost Productivity 8

Harvard Business Review

DECEMBER 11, 2018

Well, Angelia, according to a recent study by McKinsey, over $1.3 The first is this notion that the challenges at work, the challenges of managing modern work, really are a crisis. ” So, this challenge at work, the crisis of trying to manage modern work, has gone from a nuisance to a business imperative.

Content 11

Content Crisis Apparel Learning-by-Doing 11

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

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. That’s why good managers put so much focus on measuring and managing return on investment (ROI) as a basic operational practice.

Innovation 8

Innovation P&L ROI Long-term 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