The Horizons Tracker

JANUARY 19, 2022

Indeed, as Martin Weitzman argued in a celebrated paper from 1998, recombination is not only the bedrock of knowledge production, but takes its cue from the kind of work Gregor Mendel famously did when he mixed and matched peas to uncover the power of genetics.

Diversity 137

Diversity Entrepreneur Innovation Gordon 137

Skip Prichard

MAY 22, 2019

It is a practical guide to how AI and Machine Learning are impacting not only how businesses, brands, and agencies innovate, but also what they innovate: products, services and content. In this world of product and pricing parity, the delivery of superior service experience has become the new marketing, and the new real competitive edge.

Content 94

Content Innovation Creativity McKinsey 94

HR Digest

JANUARY 6, 2024

While the thought of a 3-day workweek sounds almost like a pleasant system, it remains tinged by the fear of AI and job redundancies. McKinsey ’s research into AI and its predictions about the future of work has a lot of useful insight to offer. Shorter Workweeks: Where Do We Stand? trillion to $5.8 trillion in annual value.

Hedge 52

Hedge McKinsey Technology Learning-by-Doing 52

Six Disciplines

FEBRUARY 16, 2011

According to the McKinsey article " Brilliant Strategy, But Can You Execute? ", there were two basic kinds of strategies: transformational and operational. BOTTOMLINE: Companies should think about strategy in terms of what is possible for them - where their core competencies lie.

Operations 98

Operations Strategy Core Competence McKinsey 98

HR Digest

DECEMBER 8, 2020

The number of women in high paying jobs and entering the job market has risen progressively through the years, but there are many hurdles in their journey up the ladder. . Computer and information systems managers. Marketing and Sales Manager. For every 100 men promoted to manager, only 85 women were promoted. .

Human Resources 52

Human Resources Chemicals Software Engineering 52

LDRLB

OCTOBER 4, 2011

And as usual, the illustrations come from new product development and business strategy. Those administration and production areas are usually treated as if they were nothing more than machines – designed once (presumably well), and occasionally needing fuel and a little oil. McKinsey Quarterly (free subscription).

Wilde 101

Wilde Innovation Resistance Leadership 101

LDRLB

OCTOBER 4, 2011

And as usual, the illustrations come from new product development and business strategy. Those administration and production areas are usually treated as if they were nothing more than machines – designed once (presumably well), and occasionally needing fuel and a little oil. McKinsey Quarterly (free subscription).

Wilde 90

Wilde Innovation Resistance Leadership 90

Chartered Management Institute

DECEMBER 2, 2013

At the C-suite, businesses need not only a data analytics strategy, but a data-analytics culture, researchers from McKinsey have concluded. It often helps if the executive in charge is not from IT, but from operations or marketing, and that there are close links with customer-facing and other operational roles. The reason?

Leadership Styles 83

Leadership Styles Human Capital Ethics McKinsey 83

HR Digest

NOVEMBER 9, 2023

As 2023 draws to a close and companies begin to settle on the wages and hikes for the next year, the question of how to create an equitable compensation system might flash in everyone’s mind—if briefly. Building a conscious pay system requires conscious policies and practices that support such an initiative. percent of the U.S.

System 52

System How To Benchmarking Diversity 52

Harvard Business Review

OCTOBER 30, 2014

Nowhere else in the executive suite of a typical corporation are two functions as closely intertwined as sales and marketing. Yet for all the shared responsibility, the marketing and sales relationship has often been a contentious and lopsided one, with sales dominating in B2B sectors while marketing leads in B2C ones.

Marketing 12

Marketing Guidelines B2C Analysis 12

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. It’s more likely that they set out to meet an unmet need in the market. They’re less productive, take more “unhealthy” days off of work, and cost your company money.

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. It’s more likely that they set out to meet an unmet need in the market. They’re less productive, take more “unhealthy” days off of work, and cost your company money. .

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

Harvard Business Review

OCTOBER 17, 2012

Innovation, in operations, products, business models and ecosystems, isn't merely a competitive advantage, it's the competitive advantage. Yet more often than not, when innovation occurs, it's a "happy accident" rather than the product of a deep-rooted innovation competence. Want some hard evidence? This is hardly surprising.

Innovation 15

Innovation Process Competitive Advantage McKinsey 15

Leading Blog

NOVEMBER 3, 2023

systems, air travel feels a bit more like a chore than like a treat. system to delivering the product via logistics operations, to collecting the cash from customers. I F YOU’VE HAD to be on a plane in the last year or so, especially within the U.S., In the U.S., logistics, and finance. finance, I.T.,

Industry 276

Industry Stage-Gate Organization Company 276

Harvard Business Review

MARCH 2, 2011

Some tentative conclusions: There is not much of a market for stand-alone strategy studies any more. On the one hand, membership in the top bracket — the lofty heights occupied by the likes of McKinsey & Co. Or redesigning a company's entire store system and approach to customers. This poses a dilemma for consulting firms.

Consultative 15

Consultative Strategy McKinsey Porter 15

Harvard Business Review

FEBRUARY 22, 2011

We were struck by the assumption made by an article in The McKinsey Quarterly this month. Called "Why US Productivity Can Grow Without Killing Jobs," it takes as a given that this would strike readers as counterintuitive. it's a fallacy to suggest that there's a trade-off between unemployment and productivity." What a conundrum!

McKinsey 14

McKinsey Efficiency Long-term Analysis 14

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

Harvard Business Review

MARCH 17, 2017

Not one study suggests that working in an office eight hours a day, five days a week maximizes employee productivity, satisfaction, or performance. Factory workers, manual laborers, and workers in retail stores, restaurants, or hospitals have to be at their place of work at specific times to be productive. Knowledge workers do not.

Real Estate 12

Real Estate Constraint McKinsey Cost 12

Harvard Business Review

MAY 8, 2012

Until now, research has shown that the Chinese usually trust better-known brands, primarily because the latter help assuage concerns over product quality and safety. Multinational giants like Kraft, P&G, Unilever, and Coca-Cola use a variation of the same tactic: They emphasize the corporate brand more in China than in other markets.

Brand 12

Brand McKinsey Marketing Trends 12

Harvard Business Review

APRIL 14, 2017

And in January 2017, McKinsey’s research arm estimated AI-driven job losses at 5%. IT was using AI to resolve employees’ tech support problems, automate the work of putting new systems or enhancements into production, and make sure employees used technology from approved vendors. bribes and kickbacks).

Company 13

Company Survey Finance Engineering 13

Harvard Business Review

SEPTEMBER 11, 2017

There is no burden on those who proposed a new idea or technology to talk to customers, build minimal viable products, test hypotheses or understand the barriers to deployment. Most importantly, minimal viable products and working prototypes will have been tested. government federal research agencies to turn ideas into products.

Process 14

Process Innovation Incubator Committee 14

Harvard Business Review

MAY 22, 2012

A new McKinsey study (PDF) reports statistically what we already knew from personal experience: that mid-career and senior women tend to be found disproportionally in staff jobs, or "pink ghettos," relative to men. according to the same McKinsey report). key start-ups, turnarounds, and line roles in key business units or markets)?"

McKinsey 12

McKinsey Mentor Diversity Report 12

Strategy Driven

DECEMBER 8, 2010

This book will show you, as an employee, customer or partner, how to use new social technologies, make yourself heard, and produce better products and services. Indeed, a 2008 issue of the McKinsey Quarterly noted that women tend to make deeper emotional connections with colleagues and business partners. Click here to cancel reply.

Self-aware 72

Self-aware Media Open-book Learning-by-Doing 72

Harvard Business Review

FEBRUARY 12, 2016

In 1933, General Motors President and CEO Alfred Sloan established the automobile industry’s first full-time consumer research department under the direction of Henry “Buck” Weaver, a pioneer in market-based decision making. But where and how do you start? As with any new endeavor, we have been learning as we go.

Media 8

Media Automotive Globalization Active Listening 8

Harvard Business Review

JANUARY 12, 2018

Robo-advisors, which were introduced in 2008 , are steadily eating up market share from their human counterparts much the way that Amazon and Netflix have taken share from Walmart and Regal Cinemas. Will robo-advisors disrupt corporate capital allocation the same way they have personal capital allocation? will grow to U.S. $5

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

FEBRUARY 2, 2015

But in order to create and foster more such firms, we need to recognize that today’s most cutting-edge industrial players are not monolithic; they straddle the lines between manufacturing and services, and production and innovation. Ambition is crucial: Research from McKinsey finds that most low-performing research-intensive U.S.

Industry 8

Industry McKinsey Engineering Innovation 8

Harvard Business Review

DECEMBER 4, 2017

Toffel: I thought Paul Polman was spot-on when he was breaking down the challenge of corporate sustainability into tactical and systemic issues. But then more pressingly, I think, he talks about the need for system change. But then more pressingly, I think, he talks about the need for system change. Winston : Absolutely.

Project 8

Project Advice Henderson Short-term 8

Harvard Business Review

MARCH 14, 2016

Recent research from the McKinsey Global Institute explores this new era of digital globalization. For businesses, these open platforms create efficient global markets with a huge base of potential customers and built-in ways to reach them. Sharpen product strategies for a more digitally connected world. It’s gone digital.

Globalization 8

Globalization Supply Chain GDP Marketing 8

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. Demand is Shifting.

Globalization 9

Globalization Supply Chain Pharmaceuticals McKinsey 9

Harvard Business Review

OCTOBER 21, 2016

Today’s executives are dealing with a complex and unprecedented brew of social, environmental, market, and technological trends. McKinsey reports that the value at stake from sustainability concerns can be as a high as 70% of earnings before interest, taxes, depreciation, and amortization. billion in mining projects since 2010.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

AUGUST 15, 2014

Both cite a McKinsey survey which, ironically, found that “Organizations’ efforts to go digital. Another McKinsey survey , conducted in 2011, found then that the average company with more than 1,000 employees already had more data in its CRM system than in the entire Library of Congress. Marketing Sales Social media'

Media 11

Media ROI McKinsey Survey 11

Harvard Business Review

NOVEMBER 9, 2017

Selling additional products to current customers leverages the costs of establishing those relationships in the first place, and serving more and more of their financial service needs (to grab a greater “share of wallet”) is appealing, in theory. Take the notable failure at Wells Fargo last year.

Strategy 8

Strategy Agility Execution Core Competence 8

Harvard Business Review

JANUARY 3, 2017

Given these network effects – as many proclaim – markets get “winner takes all properties”: the largest network will win, crowding out the remaining competitors (like MySpace and Google+). It is a misconception to think that network effects inevitably and always lead to a winner-take-all market.

McCallum 13

McCallum Competitive Advantage Consultative Business Model 13

Harvard Business Review

APRIL 1, 2016

When business leaders talk about going digital, many are uncertain about what that means beyond buying the latest IT system. Recent research from the McKinsey Global Institute (MGI) looked at the state of digitization in sectors across the U.S. The most digital companies see outsized growth in productivity and profit margins.

Industry 8

Industry Benchmarking Supply Chain Health Care 8

Harvard Business Review

FEBRUARY 18, 2015

According to McKinsey, youth unemployment in Africa’s largest economy, Nigeria, is around 50%. Getting over these hurdles will help Africa move from this invention economy — lots of ideas, but a relative lack of scalable products — into an innovation economy, with competitive local products and services.

Innovation 8

Innovation Engineering Entrepreneur Banking 8

Harvard Business Review

JULY 29, 2014

Break up a strategic function in response to underperformance in the wake of severe market disruptions? What would the capital markets look like today if a similar tack had been taken when the CFO role was ripe for transformation? How did this happen and what can be gleaned from it to inform the transformation of the CHRO?

CFO 12

CFO Charan Intangible Assets Human Resources 12

Harvard Business Review

OCTOBER 16, 2014

In early research , McKinsey emphasized that the distinctive character of the Internet of Things — which is predicted to be a $7.1 trillion market by 2020 — lay in its ability to operate with little or no “human intervention.” Consider Google’s Nest or Schlage’s digital locks or smartphone-controlled home lighting systems.

Hammer 10

Hammer Fashion Sample Information Technology 10