HR Digest

DECEMBER 27, 2018

The recent explosion of HR technology has driven a major boom in innovative HR solutions. Despite this shift towards a more holistic experience, HR innovations are offering solutions for even more complex HR trends. Artificial intelligence will improve HR operations. Improved employee engagement.

Human Resources 87

Human Resources Trends Resources Innovation 87

Rich Gee Group

OCTOBER 8, 2023

A report by McKinsey Global Institute estimates that AI could add $13 trillion to the global economy by 2030. Analyze which areas of your operations could benefit the most from AI integration. For executives, AI isn't just about technology; it's about transformation. Is it customer service? Supply chain management?

Supply Chain 195

Supply Chain Ethics Case Study Handbook 195

N2Growth Blog

SEPTEMBER 28, 2020

These Human Resource leaders represent the top 25 human resources leaders shaping careers, culture, and talent at the world’s most innovative people driven companies. While Chief Digital/Technology Officers or Chief Marketing Officers are often tagged with the innovator label, it is the CHRO who is the real innovator in 2020.

Human Resources 476

Human Resources Globalization Resources Diversity 476

Strategy Driven

AUGUST 11, 2023

A study by the Harvard Business Review reveals that prioritizing effective communication amplifies collaboration and innovation, propelling companies 50% ahead of competitors. Effective communication training transcends internal operations, enriching client interactions.

Training 109

Training Active Listening Bond McKinsey 109

The Horizons Tracker

JANUARY 19, 2022

It’s nearly a decade since Northwestern’s Robert Gordon pondered whether sclerotic innovation was causing the death of economic growth as we had come to know it. An explanation comes in the form of a paper from Northwestern’s Mark Buchanan, in which he highlights what is known as recombinative innovation.

Diversity 136

Diversity Entrepreneur Innovation Gordon 136

The Horizons Tracker

MAY 25, 2021

The authors highlight that low-skilled workers not only operate in roles that are more vulnerable to automation, but they’re also less likely to have the skills to make transferring to any new jobs that emerge particularly easy. “Without proper action, automation could cause further deep distress, ” they say.

Skills 123

Skills McKinsey Trends Short-term 123

N2Growth Blog

NOVEMBER 15, 2022

But a study by McKinsey revealed that in today’s business landscape, employees also want to feel valued by their organization. This research also revealed that self-awareness could lead to better performance by enabling leaders to understand exactly how they operate and how they can achieve optimal results through behavioral changes.

Executive Coaching 322

Executive Coaching Execution Self-aware Company 322

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 Resistance Leadership 101

N2Growth Blog

OCTOBER 25, 2021

He highlighted the need for change as the main prerequisite of a successful transformation; being ex-McKinsey and a public official before this current role, Boris’s whole career revolved around extensive transformation processes. Step 4: Operations alignment. Step 2: Culture alignment. Step 3: Strategy alignment. And why is that?

CTO 397

CTO Shaw Short-term Agility 397

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 Resistance Leadership 90

Lead Change Blog

NOVEMBER 22, 2019

A number of recent surveys from McKinsey research have identified three traits that are becoming leadership imperatives to respond to this growing demand for social accountability. Millennials and Gen Z want to know that the businesses they engage with have a social purpose and are behaving in a responsible manner. Transparency.

Emotional Intelligence 209

Emotional Intelligence Supply Chain Short-term Leadership 209

Great Leadership By Dan

JULY 30, 2020

McKinsey predicts that by 2030, over 25 million jobs in the United States will be automated. We are creatures of habit and operate much of the time on autopilot. Not just manufacturing jobs but also service jobs, knowledge-worker jobs and professionals. jobs including professional jobs will be automated.

Career 231

Career Learning-by-Doing McKinsey Technology 231

The Horizons Tracker

MAY 24, 2022

Many AI-related projects were stuck in a research or pilot phase and were subsequently making little real impact on the operations of the business. For all the hype surrounding technologies such as AI, for most of the last few years, there has been precious little return on the investments companies were making.

Company 116

Company Survey McKinsey Project 116

Experience to Lead

JANUARY 29, 2024

Whether you’re an experienced leader or an aspiring one, there’s always room for growth and development by embracing more innovative management styles. This series features a range of expert voices from the world of business and academia, offering deep insights into management, innovation, and strategy.

Emotional Intelligence 52

Emotional Intelligence Blanchard Leadership McKinsey 52

Experience to Lead

JANUARY 25, 2022

This robust leadership blog from INSEAD features incisive pieces on strategy, operations and management. Faculty members from the school’s France and Singapore campuses often contribute to the blog, sharing their latest research on leadership, strategy, innovation and more. The McKinsey Podcast. INSEAD Knowledge.

Blog 52

Blog Leadership McKinsey Globalization 52

HR Digest

NOVEMBER 20, 2020

Coding, budgeting, and marketing operations are examples. The companies and research studies in our analysis included: Deloitte, LinkedIn, IBM Institute for Business Value, Indeed.com, Institute for the Future (IFTF), McKinsey, Society of Human Resources Management (SHRM), Udemy, Willis Towers Watson, and World Economic Forum.

Skills 145

Skills Emotional Intelligence CFO Power 145

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

Experience to Lead

AUGUST 27, 2024

A digital tsunami: According to a 2023 survey by McKinsey & Company, remote work adoption increased threefold during the pandemic, with around 20–25% of the global workforce working remotely multiple days a week. However, with this innovation comes a responsibility to scrutinize the human errors that could shape these learning pathways.

Osborne 52

Osborne Efficiency Training Environment 52

Strategy Driven

JULY 8, 2019

Operation Costs Have to Be Reduced. In fact, according to a McKinsey report , algorithmic route optimization results in an almost 16% increase in a company’s profit, without compromising on quality. With customers expecting free shipping and membership schemes that guarantee same day delivery, transportation costs have increased.

Transportation 50

Transportation Parcell Supply Chain Management 50

Harvard Business Review

OCTOBER 17, 2012

In the creative economy, innovation is more important than ever. Innovation is the only insurance against irrelevance. Innovation, in operations, products, business models and ecosystems, isn't merely a competitive advantage, it's the competitive advantage. We all get it: innovation is the lifeblood of every organization.

Innovation 15

Innovation Process Competitive Advantage McKinsey 15

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

The Horizons Tracker

OCTOBER 21, 2020

Chess supremo Garry Kasparov famously noted after his battles with IBM’s Deep Blue, that an intermediate human player teamed with a computer was better than either an expert human or a super-machine operating independently. around its introduction.”

Govindarajan 83

Govindarajan Technology Hammer Process 83

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 14

Process Innovation Incubator Committee 14

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

Eric Jacobson

MAY 25, 2016

Clearly and powerfully define your company's contribution to society -- which must be at the heart of the company's purpose, not a side operation. In the basic resource sector, companies that can cooperate well with local communities and governments are much more likely to secure deregulation, which promotes innovation.

Company 50

Company Competitive Advantage Open-book Long-term 50

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

JANUARY 31, 2014

One of the first, and most lasting, pieces of career advice I received came from Linda Bush, my first project manager when I was a wee pup working at McKinsey & Company. Research by Hal Gregersen and Jeffrey Dyer in fact shows that questioning is one of the behaviors that successful innovators share. It is the innovator’s job.

Innovation 12

Innovation Disruptive Innovation Learning-by-Doing Participative 12

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. ” Developing the skills.

Skills 95

Skills Report Technology Long-term 95

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 9

EPS Metrics Depreciation Short-term 9

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

DECEMBER 16, 2016

Back in 2011, the McKinsey Global Institute published a report on the transformational potential of big data—and it would take a supercomputer to process all of the articles that have appeared since then urging companies to get on board before some digital disruptor renders them obsolete.

Industry 8

Industry McKinsey Early Adopters Rate of Return 8

Mills Scofield

JUNE 23, 2015

I was in awe of the power of the Brown community operating not just beyond these gates, but half-way around the world. A California native, she will move to New York to work for McKinsey & Company and plans to pursue a career in public service. “I don’t know” wasn’t a dead end in the conversation.

Class 70

Class Education Construction McKinsey 70

Mills Scofield

JUNE 23, 2015

I was in awe of the power of the Brown community operating not just beyond these gates, but half-way around the world. A California native, she will move to New York to work for McKinsey & Company and plans to pursue a career in public service. “I don’t know” wasn’t a dead end in the conversation.

Class 70

Class Education Construction McKinsey 70

Harvard Business Review

JUNE 9, 2011

That's the driving question behind the Management Innovation eXchange (MIX), , a web-based open innovation project dedicated to mustering the daring and creativity of the broadest base of thinkers and practitioners to reinvent management for a new age. The first phase of the competition, the Management 2.0 Explore the fringe.

Hamel 15

Hamel Company McKinsey Innovation 15

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 13

Industry Short-term Planning Long-term 13