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We Can’t Study Short-Termism Without the Right Metrics

Harvard Business Review

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
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The 3 Essential Jobs That Most Retention Programs Ignore

Harvard Business Review

USC’s John Boudreau, CEO adviser Ram Charan, and consultants at Bain & Company , McKinsey, and Korn Ferry have made similar arguments. These are jobs in R&D, technology, and other areas vital to a firm’s strategic direction, product development, and process efficiency. These overlooked roles are: Essential experts.

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Three Cases of Better Corporate Philanthropy

Harvard Business Review

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. The Nike Foundation also leans on its expertise in innovation and scale to find solutions to poverty, while keeping its operations separate from the business.

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Robo-Advisers Are Coming to Consulting and Corporate Strategy

Harvard Business Review

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. Companies are both operators and investors. Shift to providing advice on business models, not just strategy and operations.

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How Companies Are Already Using AI

Harvard Business Review

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. AI wasn’t new at Microsoft.

Company 14
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Eight Essential Questions for Every Corporate Innovator

Harvard Business Review

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. A phone call to an expert can shine light on a critical operational assumption. Ask a lot of questions,” Linda advised me. Commercializing Your Idea.

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Meet Your New R&D Team: Social Entrepreneurs

Harvard Business Review

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. This framework has the potential to reverse the typical role of CSR, currently viewed as a way to "give back" to communities that a business operates in.