Harvard Business Review

NOVEMBER 20, 2013

Two uncomfortable strategic truths face the vast majority of executives and companies – and probably you, too. Though both statements may sound extreme, they are the clear implication of new McKinsey research on how companies create value and allocate resources. First, you don’t have a powerful strategy.

Strategy 8

Strategy McKinsey Strategic Planning Cost of Capital 8

Harvard Business Review

APRIL 12, 2011

Luxury goods marketers in China received some good news last month. The Chinese market for luxury products has been booming recently. In 2010, sales across categories such as jewelry, leather goods, and upmarket ready-to-wear clothing rose by 20% to reach $12.4 Smart companies have already realized this. Service matters.

Deming 14

Deming McKinsey Fashion Survey 14

Harvard Business Review

AUGUST 29, 2017

According to a recent McKinsey Global Institute report , the number of people in the global labor force will reach 3.5 Prior to 2010, Rakuten had been a multilingual global company. But in 2010, Rakuten mandated an English-only policy for its workforce of over 10,000 employees. Photo by Christine Roy.

Succession 15

Succession Globalization Tacit Knowledge GDP 15

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. As of 2010, women held just 15.7

Competitive Advantage 15

Competitive Advantage McKinsey Resistance Crisis 15

Harvard Business Review

OCTOBER 21, 2016

Today’s executives are dealing with a complex and unprecedented brew of social, environmental, market, and technological trends. Yet executives are often reluctant to place sustainability core to their company’s business strategy in the mistaken belief that the costs outweigh the benefits.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 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. McKinsey has identified more than 20 distinct submarkets in China, for example. Innovations Are Changing The Way We Design Products.

Globalization 10

Globalization Supply Chain Pharmaceuticals McKinsey 10

Harvard Business Review

NOVEMBER 20, 2015

First, the global goals campaign represents a significant new opportunity for companies that view emerging and frontier markets as their source of long-term growth. According to estimates from McKinsey, consumers in these markets could be worth $30 trillion by 2025 — a significant step up from the 2010 value of $12 trillion.

Goal 8

Goal Supply Chain Development Globalization 8

Harvard Business Review

NOVEMBER 4, 2014

Do we see similar patterns when we look at company level—and particularly at multinationals that operate in multiple countries? Specifically, are companies from advanced economies failing to keep up with the big shift? There are indeed some indications that point in this direction.

Globalization 10

Globalization Altman Sample Analysis 10

Harvard Business Review

JULY 15, 2013

The fastest-growing segments of America''s job market — by far — are temporary and part-time employment. More companies want far greater flexibility with far fewer people. A recent McKinsey & Co. In 2010, good tweaks look like better bets than even great hires.". Something profoundly structural is going on.

Human Capital 10

Human Capital Real Estate Human Resources Disruptive Innovation 10

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. Given that companies are putting more than $14 billion a year into charitable causes, measuring results and ensuring real social impact should be important goals.

Core Competence 15

Core Competence Market Segmentation Globalization Reputation 15

Harvard Business Review

MARCH 4, 2013

companies will be at a disadvantage if we tax carbon or invest in clean energy because "China's not doing anything.". And it's just the latest in a series of Chinese commitments, which include the following: July 2010: 5 trillion yuan , or $800 billion, alternative energy plan over 10 years (this is like the part of the U.S.

GDP 8

GDP Energy McKinsey Transportation 8

Harvard Business Review

NOVEMBER 4, 2014

Do we see similar patterns when we look at company level—and particularly at multinationals that operate in multiple countries? Specifically, are companies from advanced economies failing to keep up with the big shift? There are indeed some indications that point in this direction.

Globalization 8

Globalization Altman Sample Analysis 8

Harvard Business Review

FEBRUARY 18, 2015

According to McKinsey, youth unemployment in Africa’s largest economy, Nigeria, is around 50%. Yes, in our work, from engineering to herbal medicine to craft, we have seen inventions — such as a local company that remakes automobile engines into electric power generators. In addition, Africa needs to develop its manpower.

Innovation 8

Innovation Engineering Entrepreneur Banking 8

Harvard Business Review

MARCH 7, 2012

And, through linkages including supply chains (in 2009 multinationals purchased about $7 trillion in intermediate inputs from companies in America), multinationals enhance the performance of companies throughout the U.S. Despite decades of globalization, these companies remain predominantly U.S. A Shift Abroad.

Globalization 9

Globalization Rivkin Supply Chain Trends 9

Harvard Business Review

NOVEMBER 23, 2011

China's consumer goods market expanded rapidly over the past two decades primarily because of the growing number of first-time buyers, who were eager to buy goods and services that were previously unavailable or unaffordable. That's a concern for many companies, as a recent McKinsey survey highlights. billion business.

Productivity 15

Productivity Products McKinsey Survey 15

Harvard Business Review

JULY 16, 2012

You are an executive responsible for unearthing the next new market opportunity for your company and — like your competitors — you're looking at maps of rapidly-growing economies in the emerging world. billion of them will live in only about 440 mostly mid-sized cities in emerging markets. (We billion in 1990 to 4.2

GDP 15

GDP McKinsey Real Estate Globalization 15

Harvard Business Review

MARCH 21, 2012

I'm the CEO of Desso , a European company that makes carpets, carpet tiles and synthetic sports surfaces. A group of us bought the company from the Armstrong Group in a buy-out in 2007. We put our money in because we saw an opportunity to turn a struggling company around and secure a high ROI. 1] McKinsey & Co.,

Strategy 11

Strategy McKinsey Chemicals Armstrong 11

Harvard Business Review

JANUARY 10, 2017

During the past decade, the United States was the world’s largest recipient of foreign direct investment, with nearly $2 trillion invested in a range of sectors, companies, and workers across the country. According to our analysis , trade accounted for only 20% of net manufacturing job losses in the United States between 2000 and 2010.

Globalization 8

Globalization Participative Insurance Industry 8

Harvard Business Review

JULY 5, 2016

” Vodaphone is considering moving its headquarters out of the UK and its CEO Vittorio Colao had told the BBC that a Brexit would preclude it from a giant new single market. billion in the rest of Europe over the period 2010-2015. Engineers from the EU have been key to the successes of many UK companies.

Safe Harbor 10

Safe Harbor Industry Uncertainty Crisis 10

Harvard Business Review

OCTOBER 27, 2015

Our companies have created it, expanded it, perfected it in ways that they can’t compete,” referring to the Europeans. tech companies. ” The proposal is to create a “Digital Single Market” in the EU. 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