Harvard Business Review

JANUARY 12, 2018

Does a robot manage your money? 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. This would represent between 10% and 15% of total retail financial assets under management.

Consultative 8

Consultative Strategy Advice McKinsey 8

Strategy Driven

DECEMBER 8, 2010

As a leader and manager, you’ll learn how to use these tools to harness social interactions to improve your business and to create your own social nation. The book provides a social assessment for leaders, managers and employees to scientifically evaluate your individual social skills and competencies.

Self-aware 72

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

Harvard Business Review

JANUARY 5, 2018

For example, in 2009 professors Brian Becker, Mark Huselid, and Richard Beatty estimated that in most companies less than 15% of jobs are what they call strategic positions and said management should focus “disproportionate investments” on finding A players for those jobs. Connectors in the middle. High-potential future leaders.

McKinsey 8

McKinsey Human Resources Reputation Brand 8

Harvard Business Review

MAY 3, 2011

A 2010 McKinsey study finds that across all industry sectors, companies with the most women on their boards of directors significantly and consistently outperform those with no female representation: by 41 percent in terms of return on equity and by 56 percent in terms of operating results.

Competitive Advantage 15

Competitive Advantage McKinsey Resistance Crisis 15

Harvard Business Review

APRIL 26, 2013

But what happens behind the cameras isn''t always so delightful, says Brian Stelter, who investigates the power plays and management battles that make the "Today" show seem like the last place you would ever want to work. Secrets of Companies That Have Figured Out How to Improve Gender Diversity McKinsey. BONUS BITS: Seriously, Stop.

McKinsey 8

McKinsey Diversity Tactics Open-book 8

Harvard Business Review

MAY 9, 2012

After Barbara Minto joined McKinsey as the firm's first ever female consultant, she found that many management consultants had trouble communicating information effectively. She developed the Minto Pyramid Principle to help colleagues structure their writing, and after gaining support within McKinsey, took the framework to other firms.

Minto 13

Minto How To McKinsey Software 13

Harvard Business Review

DECEMBER 22, 2010

No wonder that a 2008 McKinsey survey found that only 20% of senior executives believe that their corporate philanthropy is effective in achieving social goals. Back pet charities, not those with a strong track record. Talk about "results" without measuring them. Sadly, this low-impact approach to corporate philanthropy is too common.

Core Competence 15

Core Competence Market Segmentation Globalization Reputation 15

Harvard Business Review

MARCH 7, 2013

And by 2015, this Foreign Affairs article predicts, the total value of goods lost to counterfeiting and piracy will balloon from 2008's $650 billion to $1.77 The First Org Chart (McKinsey Quarterly). In 2010, the U.N. estimates, some $1.5 trillion in bribes wiped out more than 5% of global GDP.

Due Diligence 8

Due Diligence GDP McKinsey Film 8

Harvard Business Review

NOVEMBER 21, 2012

Recently, we analyzed the performance of 750 large companies in the decade before 2008. This approach, too, is challenging: just 6% of the companies we analyzed managed to innovate at scale consistently through the period. The problem is that large companies find game-changing innovation staggeringly difficult to achieve.

Innovation 9

Innovation Incubator Disruptive Innovation McKinsey 9

Harvard Business Review

MARCH 13, 2013

Since 2008, we've benchmarked the performance of nearly 250 operations centers working on both core operations (e.g., But we also found that they're helping to deliver superior customer experience, by providing consumer insights and decision support to product managers, and are orienting operations to grow revenue.

Offshoring 8

Offshoring Cost Benchmarking Operations 8

Harvard Business Review

APRIL 14, 2017

And in January 2017, McKinsey’s research arm estimated AI-driven job losses at 5%. For example, the company had brought in a data scientist in 2008 to develop machine learning tools that would improve its search engine, Bing, in a market dominated by Google. Could Liberate 50% of Managers' Time. Related Video.

Company 12

Company Survey Finance Engineering 12

Harvard Business Review

MAY 9, 2012

For more than two years, we and others have been talking about the need to shift the prevailing view among managers, boards of directors and investors from "quarterly capitalism" to what we call "capitalism for the long term". The global financial markets are an extraordinary information processing engine.

Marketing 11

Marketing Power Short-term Long-term 11

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. Ask a lot of questions,” Linda advised me. You might think you are being annoying, but it’s the only way you learn.

Innovation 12

Innovation Disruptive Innovation Learning-by-Doing Participative 12

Harvard Business Review

JULY 26, 2013

First up was Galleon Group and its founder, Raj Rajaratnam, brought down in an investigation that also resulted in the conviction of former McKinsey chief and Goldman Sachs board member Rajat Gupta. Finding out things about corporations that management would rather not disclose is something professional money managers are supposed to do.

Hedge 8

Hedge Handbook Crisis Price 8

Harvard Business Review

APRIL 11, 2012

In the few years since the financial crisis of 2008 hit us where it hurts, the calls for the "end of capitalism" have rung out from the streets and halls of power alike. There's this complaint: 'I'd love to think and manage for the long term, but Wall Street won't let me.' And that focus filters down to companies.

GDP 11

GDP Long-term Meyer Short-term 11

Harvard Business Review

MARCH 8, 2013

As Steve Davis, former lead in McKinsey's Social Innovation practice and president of the global health NGO, Path, has said: "The best social innovations are not necessarily widely adopted. Mobile Messaging: In early 2008, frog embarked on Project Masiluleke, a Public Private Partnership (PPP) to address HIV in South Africa.

Entrepreneur 8

Entrepreneur Porter Team Innovation 8

Harvard Business Review

OCTOBER 21, 2016

These require sophisticated, sustainability-based management. ” Improving risk management. 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. Fostering innovation.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

MARCH 3, 2015

But few have measures or even have accountable managers in place for their social media investments, and only 7% say their organizations “understand the exact value at stake from digital.” ” Companies measure the market results of their sales investments. ” Meanwhile, according to a Gallup survey , 62% of U.S.

Media 8

Media Advertising Public Relations Forrester 8

Harvard Business Review

FEBRUARY 7, 2017

Companies deliver superior results when executives manage for long-term value creation and resist pressure from analysts and investors to focus excessively on meeting Wall Street’s quarterly earnings expectations. This has long seemed intuitively true to us. The returns to society and the overall economy were equally impressive.

Long-term 8

Long-term EPS Short-term Management 8

Harvard Business Review

MAY 18, 2017

Garvin was a generalist more than a specialist, perhaps because he came of age at HBS during the 1980s, when the school’s primary focus was the development of skilled general managers. A Sloan Management Review article (which I had the pleasure of working on) provides valuable context for Garvin’s most-read HBR articles.

Management 9

Management Balanced Scorecard NPV Article 9

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. In 2008 Andrew McAfee and Erik Brynjolfsson wrote about their research on U.S. The competition story revolves around digital technology.

McKinsey 8

McKinsey Document Engineering Outsourcing 8

Harvard Business Review

OCTOBER 20, 2016

Twenty–30% of the working age population do some form of independent work, according to McKinsey’s Global Institute , and that share is growing rapidly. In 2008, the rate of job creation fell even further—below 1%—and has remained at that historically low level through 2015.

Katz 8

Katz Disaggregation McKinsey Outsourcing 8

Harvard Business Review

MARCH 28, 2013

Where I was unable to spell my own name or barely speak in 2008, I am now projecting revenue growth and cash flows in 2013." Today, Nick is working to finish his bachelor's degree in English and is helping to manage a multimillion-dollar capital campaign for IAVA. For small and mid-cap companies, in-house programs might be a good bet.

EBITDA 10

EBITDA Human Resources McKinsey Cost 10

Harvard Business Review

MAY 18, 2015

Yet, according to Donald Sull’s research in the March issue of HBR, almost half of top executives cannot connect the dots between their company’s strategic priorities; and two out of three middle managers say they simply do not understand their strategic direction. This is a subtle, but important nuance.

Strategy 8

Strategy Balanced Scorecard Sull Supply Chain 8

Harvard Business Review

APRIL 2, 2013

Tellingly, only five of the 30 CEOs Barron's picked in 2008 as the world's best showed up on a similar list in 2012. Maybe that mattered less in a world where change was better behaved, but today, senior management's monopoly on "strategic leadership" can rapidly turn a leader into a laggard.

P&L 8

P&L Supply Chain Bottom-up McKinsey 8

Harvard Business Review

JULY 5, 2016

According to estimates by McKinsey , if France (for example) were to shift into a higher gear and equal the UK’s digital state, its hypothetical economic gain could be about €100 billion. These are real concerns for the UK economy overall as the tech sector accounts for around 10% of British GDP.

Safe Harbor 9

Safe Harbor Industry Uncertainty Crisis 9

Harvard Business Review

DECEMBER 13, 2016

In 2008, as the CEO of a software company that had just missed its target for the second quarter in a row, I was so intent on hitting our fourth-quarter revenue number of $8 million — and so scared for my job — that I promised the company I would get a tattoo of the number somewhere on my body if we hit it.

Strategy 8

Strategy Short-term Long-term Metrics 8

Harvard Business Review

OCTOBER 27, 2015

Fifteen European countries have been losing momentum since 2008 in terms of their state of digital evolution – this is what we mean by a digital recession – with the Netherlands coming in dead last in our momentum rankings. According to estimates by McKinsey , if France were to shift into a higher gear and equal the U.K.’s

Crisis 8

Crisis McKinsey Policies Globalization 8