article thumbnail

Emerging Demographics Are the New Emerging Markets

Harvard Business Review

Per capita spending will be the engine of consumption growth. For example, people aged over 50 bought nearly two-thirds of the new cars sold in the United States in 2011. McKinsey Glog research finds that China is expected to spend 12.5% By 2011, this share was more than 45%. There are surprises.

article thumbnail

Stop Using the Excuse “Organizational Change Is Hard”

Harvard Business Review

Suddenly, employees disengage en masse and then the change engine begins to sputter in both perception and reality. ” Based on the numbers from the McKinsey study, it would be tempting to conclude that since only 30-38% of change initiatives are “completely/mostly successful,” then 62-70% must be failures. .”

Champy 8
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sales Still Matters More than Social Media

Harvard Business Review

Both cite a McKinsey survey which, ironically, found that “Organizations’ efforts to go digital. Another McKinsey survey , conducted in 2011, found then that the average company with more than 1,000 employees already had more data in its CRM system than in the entire Library of Congress. are picking up steam.”

Media 10
article thumbnail

Wild West Days of Social Media Are Over: Time For Some Discipline, Communicators

leaderCommunicator

Project management skills particular to social media ; such as search engine optimization (SEO), blogger influencer outreach, media buying and more. McKinsey 2012, Digital and Executive challenges. Prior to launching North Star, he spent 17 years with PepsiCo, retiring in 2011 as SVP and CCO for Pepsi Beverages. __.

Wilde 165
article thumbnail

Why Not Take a Year Off to Work in Government?

Harvard Business Review

Rahul and Noelle both made the transition into public service through Fuse Corps—a social sector start-up launched in 2011 with the support of companies like McKinsey, GE, and Starbucks to provide a pathway for talented professionals who wish to contribute to the public sector but don’t know where to begin.

article thumbnail

We're Running Out of Resources, and It's Going to Be OK

Harvard Business Review

The McKinsey Global Institute reports that price volatility has hit a high , second only to the energy crisis of the 1970s. The domestic remanufacturing industry grew by 15% between 2009 and 2011 to "at least $43.0 Cummins , the Fortune 500 engine designer, began remanufacturing their products 45 years ago.

article thumbnail

Local R&D Won’t Help You Go Global

Harvard Business Review

Traditionally, multinationals have conducted their research in developed nations: IBM has an R&D center in Tokyo, for example, and Google’s European engineering hub is in Zurich. The company’s stance on innovation is truly global, with engineering teams collaborating among its network of locations.