Eric Jacobson

MARCH 14, 2022

Have they redirected time, energy, talent, and finances away from lower priority pursuits towards taking these actions? Have they involved a group of people in shaping the vision and therefore are emotionally invested in wanting to help make it a reality? Are they taking actions that are unquestionably big “needle movers”?

CEO 120

CEO Banking Learning-by-Doing McKinsey 120

Great Leadership By Dan

NOVEMBER 27, 2018

To illustrate that this thinking goes right to the top of hard-headed business thinking, in their ‘Reflections from Davos’ report regarding the 2018 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.”

Brand 189

Brand Supply Chain Ethics Reputation 189

Eric Jacobson

JUNE 23, 2022

Have they redirected time, energy, talent, and finances away from lower priority pursuits towards taking these actions? Have they involved a group of people in shaping the vision and therefore are emotionally invested in wanting to help make it a reality? Are they taking actions that are unquestionably big “needle movers”?

CEO 83

CEO Banking Learning-by-Doing McKinsey 83

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. The authors state that cross-border VC investment is now at record levels, with this in large part due to the increasingly international nature of entrepreneurship.

Policies 102

Policies McKinsey Innovation Globalization 102

Eric Jacobson

JANUARY 18, 2023

Have they redirected time, energy, talent, and finances away from lower priority pursuits towards taking these actions? Have they involved a group of people in shaping the vision and therefore are emotionally invested in wanting to help make it a reality? Are they taking actions that are unquestionably big “needle movers”?

CEO 65

CEO Banking Learning-by-Doing McKinsey 65

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

Eric Jacobson

DECEMBER 31, 2022

Have they redirected time, energy, talent, and finances away from lower priority pursuits towards taking these actions? Have they involved a group of people in shaping the vision and therefore are emotionally invested in wanting to help make it a reality? Are they taking actions that are unquestionably big “needle movers”?

CEO 65

CEO Banking Learning-by-Doing McKinsey 65

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

LDRLB

OCTOBER 4, 2011

The fact is that most companies spend a surprising amount of effort actually resisting innovation in so-called non-creative functions like operations, finance, customer service, and sales. McKinsey Quarterly (free subscription). And the techniques themselves can be great fun.

Wilde 101

Wilde Innovation Resistance Leadership 101

LDRLB

OCTOBER 4, 2011

The fact is that most companies spend a surprising amount of effort actually resisting innovation in so-called non-creative functions like operations, finance, customer service, and sales. McKinsey Quarterly (free subscription). And the techniques themselves can be great fun. Innovation creativity innovation'

Wilde 90

Wilde Innovation Resistance Leadership 90

N2Growth Blog

SEPTEMBER 28, 2020

Prior to joining Microsoft in 2003, Hogan was a partner at McKinsey & Co. She has held roles of increasing seniority including VP and Senior Business Partner, leading Human Resources for the North America Geography, Global Product Creation (Footwear, Apparel and Equipment), Global Finance and NIKE, Inc. Affiliates.

Human Resources 476

Human Resources Globalization Resources Diversity 476

First Friday Book Synopsis

JUNE 1, 2012

Value: The Four Cornerstones of Corporate Finance Tim Koller, Richard Dobbs, and Bill Huyett John Wiley & Sons (2011) How executives can make much better decisions – “even as markets, economies, and industries change around them” All organizations need a solid foundation on which their executives can base their most important decisions about strategy, (..)

Review 85

Review Finance Books Industry 85

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

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 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. These are not criminal charges.

McKinsey 15

McKinsey Consultative Waterman Intellectual Capital 15

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

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

MAY 26, 2011

A McKinsey Global Institute study unveiled at e-G8 estimated that Internet economic output is bigger than Spain and growing faster than Brazil. Web-intensive SMEs grow twice as fast, export twice as much, and are more profitable than non-Web-enabled, the McKinsey study concluded. The economic potential is starting to be measured.

McKinsey 16

McKinsey COO Technology CEO 16

Harvard Business Review

JANUARY 12, 2018

Marketing and sales, manufacturing, recruiting (including people assessment), customer service, and support are all fields that can benefit from artificial intelligence according to McKinsey’s recent research. It seems only logical that they would extend into corporate strategy and finance. ZB by 2020.

Consultative 8

Consultative Strategy Advice McKinsey 8

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. Finance Needs Stewards, Not Toll Collectors (John Kay). Some leaders reach the C-suite because of functional expertise. Others are stronger on execution than on strategic thinking.

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%. 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 15

Company Survey Finance Engineering 15

Harvard Business Review

FEBRUARY 28, 2018

A recent McKinsey study found that a “long-termism” index (including how much a firm invests) is correlated with future long-term stock returns, suggesting that long-termism pays off. This is taught in any Finance 101 class, and is presumably what McKinsey advises its clients. So does short-termism exist?

Price 8

Price CEO Short-term Long-term 8

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

SEPTEMBER 13, 2017

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. Such improvements could help cut the costs of traffic congestion ( about 1% of GDP globally ), road accidents ( 1.25

Transportation 12

Transportation Technology GDP Policies 12

Harvard Business Review

JULY 29, 2014

Those conditions elevated the work of the finance function to the point that, today, the CFO helps to set the course of business, advancing an organization’s growth and improving its competitive position by identifying and resolving key financial constraints. Finance Human resources' Bring on the quants.

CFO 12

CFO Charan Intangible Assets Human Resources 12

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 13

Industry Company GDP Bottom-up 13

Harvard Business Review

MARCH 29, 2011

The next most-represented originating organizations--the San Francisco Public Schools, Newark Public Schools, Chicago Public Schools, Americorps, the White House Fellow program, McKinsey and Company, and the United States Department of Education--each appeared in the work history of a founder of two (or about 4%) of these organizations.

Entrepreneur 15

Entrepreneur Education McKinsey Sample 15

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. Practical leadership and management skills. Management education has changed significantly over the last few decades.

Supply Chain 21

Supply Chain Reputation Education Learning-by-Doing 21

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

SEPTEMBER 11, 2017

One of the quickest ways to sort innovation ideas is to use the McKinsey Three Horizons Model. The framework has the team talking not just to potential customers but also with regulators, and people responsible for legal, policy, finance, support.

Process 14

Process Innovation Incubator Committee 14

Harvard Business Review

DECEMBER 17, 2013

This emphasis on leading and not merely doing has had a profound impact on management education.

Goleman 14

Goleman Supply Chain Leadership Styles McKinsey 14

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

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.

Supply Chain 10

Supply Chain Globalization GAAP Policies 10

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.

Policies 8

Policies Asset Management Cost Products 8

Harvard Business Review

JULY 17, 2017

Banks are feeling the crunch; according to McKinsey , legacy financial institutions will see profits decline 20%–60% by 2025 if they fail to evolve digitally. The current innovation model in the finance sector is designed to generate the highest possible short-term returns. Insight Center. Crossing the Digital Divide.

Industry 13

Industry Short-term Planning Long-term 13

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 13

Team Conference Restructuring McKinsey 13

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 16

Media Productivity Products Technology 16