Leading Blog

NOVEMBER 3, 2023

That’s a shame because the aviation industry as a whole still continues to be an industry model for how to operate with extremely high reliability despite having a highly fragmented set of organizational entities. The biggest challenge for companies when it comes to operational excellence is siloed behavior. Recall how the U.S.

Industry 333

Industry Stage-Gate Organization Company 333

Leading Blog

JANUARY 19, 2024

To illustrate the potential impacts, in 2007, Nokia had a little over half the mobile phone market with an operating profit of about $7.8 These transformations typically involve a profound change in how a business operates, encompassing people, process, and technology. This raises some pertinent questions.

How To 324

How To Diversity Agility Operations 324

Strategy Driven

NOVEMBER 20, 2023

Operational Excellence is a systematic approach to improving business processes and performance. A McKinsey survey found that 82% of companies don’t believe they recruit highly talented people, and only 7% think they can retain top talent once hired. Innovation Opportunities: Operational excellence involves embracing innovation.

Operations 112

Operations Loyalty Efficiency Human Capital 112

N2Growth Blog

OCTOBER 12, 2020

Along with two other co-founders, Oliver Kharraz left the posh world of strategy consulting (McKinsey) and set out to solve a problem that had been nagging him—and millions of other patients for decades—the dread and hassle of booking a new doctor appointment. It’s a decision that has resonated with their customers, suppliers, and investors.

McKinsey 248

McKinsey Entrepreneur Technology Learning-by-Doing 248

CEO Insider

JANUARY 10, 2025

However, the rise of digital health tools like apps and smartwatches has empowered individuals to take control of their well-being, demanding a […] The post McKinsey Global Survey: Building Consumer-Centric Ventures in Life Sciences appeared first on CEOWORLD magazine. Copyright CEOWORLD magazine 2023.

McKinsey 52

McKinsey Survey Globalization Pharmaceuticals 52

Women on Business

NOVEMBER 29, 2011

Christina Shi is the Chief Operating Officer at Nike, Inc. She started as a management consultant working for McKinsey & Co. She started as a management consultant working for McKinsey & Co. and when you look into her progress and career path she brings a whole new meaning to the company slogan of “just do it”.

Power 205

Power McKinsey Chief Operating Officer Career 205

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. A strategies is operational if the company face relatively low uncertainty and are mostly attempting to play the same old game better than the competition does.

Operations 98

Operations Strategy Core Competence McKinsey 98

N2Growth Blog

OCTOBER 8, 2024

It’s about cultivating a diverse pool of talent that reflects the world we operate in and the clients we serve.” Organizations that cultivate environments where everyone feels valued and heard are better positioned to foster innovation, boost employee engagement, and inspire loyalty.

Diversity 312

Diversity Leadership Groupthink Execution 312

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 Short-term Shaw Agility 397

Leading Blog

FEBRUARY 19, 2020

Considering that most change efforts only succeed 30% of the time, Scott Keller and Bill Schaninger (both McKinsey partners) put forth a change model to increase the odds of success (upwards of 79% of the time) in Beyond Performance 2.0. So, any change effort will be more successful when you focus on both performance and health.

Hamel 342

Hamel Objective Learning-by-Doing McKinsey 342

N2Growth Blog

SEPTEMBER 28, 2020

Find HR’s hand (in a good way) in everything as an enabler and contributor to operations flowing all the way through to customer/client satisfaction. With a diverse background in human resources, information technology, and operations, his business and leadership acumen is only exceeded by his commitment to making others better.

Human Resources 476

Human Resources Globalization Resources Diversity 476

HR Digest

FEBRUARY 7, 2022

According to Mckinsey & Company , “Leaders have an essential role to play in developing solutions to tackle these challenges.” Operations Before Experiences. It’s about handling operational inefficiencies across people, processes, and technology to produce better outcomes. . Training Remote Managers.

Efficiency 105

Efficiency Operations Training Diversity 105

N2Growth Blog

OCTOBER 8, 2023

Data compiled by McKinsey shows that nearly half of all leadership transitions fail, and just two years after executive transitions, up to 46% of them “are regarded as failures or disappointments.” If executives are the best of the best, shouldn’t they be able to succeed on their own accord?

Execution 389

Execution Succession How To Process 389

Great Leadership By Dan

OCTOBER 9, 2012

According to the 2010 McKinsey report, “ Woman Matter ”, companies with the highest percentage of women show the best performance. Yet there is a real pay-off for companies that choose to close this gap. Investing in the development of woman leaders isn’t just a “nice” thing to do – it has a direct bottom-line pay-off.

Leadership Development 249

Leadership Development Development Committee Leadership 249

Women on Business

NOVEMBER 11, 2011

Another study by McKinsey & Co has “proven a positive correlation between a company’s performance and the proportion of women serving on its executive board.

McKinsey 199

McKinsey Career Project Definition 199

Lead Change Blog

FEBRUARY 23, 2021

Research from McKinsey indicates that people living “their purpose at work” report five times higher levels of wellbeing and are four times likely to be more engaged in their work, which in turn leads to higher levels of productivity and profitability.

Crisis 231

Crisis McKinsey Long-term Uncertainty 231

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 Leadership Short-term 209

HR Digest

JULY 28, 2021

In a recent McKinsey Global Survey on the future of workforce needs, nearly nine in ten executives and managers say their organizations either face skills gap already or expect gaps to develop within the next five years. According to McKinsey, AI and automation will displace between 400 million and 800 million individuals by 2030.

McKinsey 134

McKinsey Aggregate Demand Industry Crisis 134

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

Leading Blog

MARCH 31, 2016

How technology is creating a new world of work via @McKinsey. How technology is creating a new world of work via @McKinsey. What’s Your Organization’s Values Operating System? FT: We prefer bad bosses to be 100% horrible. The Cost Of Waiting by @scedmonds. The Dilemma Of The Servant Leader by @LollyDaskal. by @scedmonds.

Servant Leader 150

Servant Leader McKinsey Strategic Planning Open-book 150

Lead from Within

AUGUST 19, 2024

A McKinsey study found that AI-driven pricing can increase profits by 5-10%. A report by Deloitte estimates that AI-driven automation can cut operational costs by up to 25%. A report by McKinsey estimates that AI-driven predictive maintenance can reduce maintenance costs by up to 10% and increase equipment availability by up to 20%.

Supply Chain 125

Supply Chain Company McKinsey Price 125

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

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 177

Career Learning-by-Doing McKinsey Technology 177

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

The Practical Leader

DECEMBER 9, 2020

In fact, our operating expenses associated with service have gone down because we’re more streamlined, and we limit friction points and errors.”

McKinsey 124

McKinsey Human Resources Insurance Cost 124

First Friday Book Synopsis

MAY 2, 2011

Once again, McKinsey & Company offers (at no cost) an exceptionally valuable resource, in this instance Eric Schmidt‘s conversation with McKinsey director James Manyika about business culture, technology, and social issues.

Technology 85

Technology McKinsey Execution Video 85

First Friday Book Synopsis

MAY 12, 2012

Here is a brief excerpt from another outstanding article, co-authored by Aaron De Smet, Johanne Lavoie, and Elizabeth Schwartz Hioei, and featured online by The McKinsey Quarterly, published by McKinsey & Company. [.].

McKinsey 80

McKinsey Development How To Article 80

First Friday Book Synopsis

MAY 31, 2011

Here is an excerpt from another outstanding article now available at the website of The McKinsey Quarterly, published by McKinsey & Company. It was co-authored by Wouter Aghina, Marc de Jong, and Daniel Simon.

Talent Management 80

Talent Management McKinsey Simon Management 80

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

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). Their reactivity drags down whatever innovations do arise, and it’s really too bad.

Wilde 101

Wilde Innovation Leadership Resistance 101

Harvard Business Review

JANUARY 9, 2025

In 2021, researchers at MIT and McKinsey teamed up to ask more than 100 companies how they were using AI in their operations and to learn what separated the highest-performing companies from the rest. They conducted a similar survey in 2023 to see what had changed.

Payback Period 28

Payback Period Company Maturity McKinsey 28

Persuasive Powerhouse

JANUARY 19, 2011

He has been a tank platoon leader, a McKinsey consultant, a senior executive, and now runs thoughtLEADERS – a leadership development and training firm. Mary Jo Asmus A former executive in a Fortune 100 company, I own and operate a leadership solutions firm called Aspire Collaborative Services. Leave a Reply Click here to cancel reply.

Training 257

Training Blog Greenleaf Maslow 257

CEO Insider

JUNE 6, 2023

A recent McKinsey article titled “Actions the Best CEO’s are taking in 2023,” showed a renewed focus by CEO’s on performance, citing clear intent to automate work and reduce administrative burden in the hopes of making work easier to do.

Productivity 94

Productivity Products McKinsey Magazine 94

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). Their reactivity drags down whatever innovations do arise, and it’s really too bad.

Wilde 90

Wilde Innovation Leadership Resistance 90

HR Digest

SEPTEMBER 21, 2023

McKinsey reported that working mothers were 1.5 McKinsey ’s survey also showed that working mothers were 6 percent more likely to be dealing with mental health concerns than their male counterparts. times more likely to spend 3 additional hours on their household responsibilities than working fathers.

GDP 98

GDP McKinsey Participative Report 98

Chart Your Course

AUGUST 22, 2014

Only 52 percent of companies spend their time in a way that aligns with their strategic goals, according to a McKinsey survey of 1,500 executives from businesses of all sizes around the world. Some executives lost time by wasting too many hours online. Others got distracted by meetings, motivating their staff, or handling chronic emergencies.

Tools 133

Tools Products Productivity Company 133

HR Digest

DECEMBER 27, 2018

They include solutions for unconscious bias hiring, promote employee engagement, and improve HR operations through artificial intelligence. Artificial intelligence will improve HR operations. The HR Digest has recognized three (3) major HR technology trends for 2019. Improved employee engagement.

Human Resources 87

Human Resources Trends Resources Innovation 87