Remove 2007 Remove Marketing Remove McKinsey Remove Technology
article thumbnail

How to Ensure Your Organization’s Digital Transformation Succeeds

Leading Blog

This force is called creative destruction, which is the process where innovation and technology advancements are reshaping industries and business models. 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 Nokia just couldn’t keep up.

How To 263
article thumbnail

Performance Measurement

Strategy Driven

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. It turned out that the unit was driving profits by raising prices and cutting marketing and advertising expenditures. Copyright (c) 2011. About the Authors.

ROIC 62
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Competition Is Driving AI’s Rapid Adoption

Harvard Business Review

New research from the McKinsey Global Institute simulates the potential global macroeconomic impact of five powerful technologies (computer vision, natural language, virtual assistants, robotic process automation, and advanced machine learning). We know that technologies often take a long time to diffuse and to deliver benefits.

GDP 9
article thumbnail

'Woman Up' (and Win in Business): How Valuing Traditionally Female.

Strategy Driven

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.

article thumbnail

There’s No Good Alternative to Investing in R&D

Harvard Business Review

Sarah Williamson is the CEO of FCLTGlobal (formerly Focusing Capital on the Long Term), an organization cofounded in 2016 by BlackRock, CPPIB, Dow Chemical, McKinsey, and Tata Sons to encourage a longer-term focus in business and investment decision making. This is precisely what Xerox did when it created Xerox Technology Ventures.

article thumbnail

As European Banks Retreat from the World Stage, China Is Stepping Up

Harvard Business Review

There has been a truly dramatic retrenchment from foreign markets, making banking a rare case of an industry becoming less, rather than more, global. For instance, before the crisis, the three largest German banks had two-thirds of their total assets in foreign markets; today it is only one-third. trillion, or 45%.

article thumbnail

Corporate Inequality Is the Defining Fact of Business Today

Harvard Business Review

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. ” Similarly, in 2007 Giulia Faggio and John Van Reenen of the London School of Economics and Kjell G. Others will try and fail.