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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. Managers need to know what works, and what does not. Companies who lead the way on EDI are 25%–36% more likely to outperform on profitability.

Metrics 52
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Have You Trained Your Replacement?

Persuasive Powerhouse

Mike Figliuolo is the Managing Director of thoughtLEADERS, LLC. He has been a tank platoon leader, a McKinsey consultant, a senior executive, and now runs thoughtLEADERS – a leadership development and training firm. Make it a New Year’s Resolution to identify and groom your replacement.

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 First Wave of Corporate AI Is Doomed to Fail

Harvard Business Review

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. But how does a manager justify continuing to invest in AI if the first few initiatives don’t produce results? Related Video.

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Doing Less, Leading More

Harvard Business Review

But the pacesetting style can also carry a high cost – Goleman notes that it “destroys climate [and] many employees feel overwhelmed by the pacesetter’s demands.” He revamped his role, delegating almost all of the tasks on his to-do list to his senior managers and had them do the same to their direct reports.

Goleman 13
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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. Starting in our biggest business — carpet tiles — our managers and staff have gone through the grinding process of identifying every single chemical in our products. We did that.

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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.