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Embedding EDI as KPIs: The organisations using inclusion metrics as performance indicators

Chartered Management Institute

One Chartered Manager has developed a way to measure and monitor EDI Equality, diversity and inclusion (EDI) has been at the forefront of board agendas for several years, and rightly so. Companies who lead the way on EDI are 25%–36% more likely to outperform on profitability. Managers need to know what works, and what does not.

Metrics 52
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Have You Trained Your Replacement?

Persuasive Powerhouse

He has been a tank platoon leader, a McKinsey consultant, a senior executive, and now runs thoughtLEADERS – a leadership development and training firm. Develop yourself – and if you can, develop others. Your team will thank you for doing so after you leave. Anthony, you sound like quite a responsible worker.

Training 257
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The Hidden Costs of Cash

Harvard Business Review

And yet cash does carry costs. My colleague Benjamin Mazzotta and I have been studying the costs of cash across a wide range of countries: U.S., The use of cash involves several social costs to individuals — especially the poor — as well as business and the government. Mexico, Egypt and India. Much like the U.S.,

Cost 8
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The Products Chinese Consumers Want

Harvard Business Review

That's a concern for many companies, as a recent McKinsey survey highlights. In 2010, 20% of China's urban consumers spent more money than they did the previous year because they were first-time buyers; that figure dropped to just 5% in 2011, according to our survey. By 2010, its revenues had tripled to around $4.5

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I Got My Strategy from Greenpeace

Harvard Business Review

But there our story deviates from the norm because our turnaround wasn't based on cost control, financial leverage, or manufacturing efficiencies. Signing up to Cradle-to-Cradle has forced us to learn how to develop closed loop systems where our products are designed for disassembly after being returned. 1] McKinsey & Co.,

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The First Wave of Corporate AI Is Doomed to Fail

Harvard Business Review

For example, early efforts of companies developing chatbots for Facebook’s Messenger platform saw 70% failure rates in handling user requests. Recent research from McKinsey Global Institute found that 45% of work activities could potentially be automated by today’s technologies, and 80% of that is enabled by machine learning.

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Get the Strategy You Need — Now

Harvard Business Review

Though both statements may sound extreme, they are the clear implication of new McKinsey research on how companies create value and allocate resources. A second new McKinsey study delves into the question of what executives are doing about their strategic shortfall, and concludes that most are not doing enough. Execute decisively.