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7 Steps to Problem Solving

Skip Prichard

I had the opportunity to speak with Charles Conn and Robert McLean, two McKinsey alums who share a seven-step systematic approach to creative problem solving that will work in any field or industry. Winning organizations now rely on nimble, iterative problem solving, rather than the traditional planning processes. 7 Steps to Problem Solving.

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Rethink Leadership for the XX Factor

Coaching Tip

When McKinsey & Co. asked senior executives at 60 big companies recently why they are trying to advance women, "they laughed at us," says Dominic Barton, McKinsey's global managing director. The McKinsey study shows women in general opt at far higher rates than men for staff jobs, sometimes labeled "the pink ghetto."

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How Artificial Intelligence Will Supercharge Work

Skip Prichard

In this world of product and pricing parity, the delivery of superior service experience has become the new marketing, and the new real competitive edge. McKinsey: AI is advancing 10 times faster and at 300 times the scale of the Industrial Revolution. . AI to the Rescue. Read the rest of this post.

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Morning Advantage: Baby Boomers Tell Marketers, "Don't Call Us Old!"

Harvard Business Review

The challenge for marketers, writes Tuttle, is to change the way they speak to this group. A Field Guide to Identifying Bad Listeners (McKinsey Quarterly). They just don't like to call it a senior discount, writes Brad Tuttle in this Time Moneyland column. COME AGAIN? I know this is old, but it's really good.

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To Size Up Your Market in India, Look Twice

Harvard Business Review

I quit my comfortable job in NYC with McKinsey & Co. In March 2012, we sold off the company to India's largest retailer, the Future Group, which was keen to own the business as part of its strategy to grow private label brands. One of the trickiest challenges in India is to get the size of the market right.

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Blogging on Business Update from Bob Morris (Week of 2/4/13)

First Friday Book Synopsis

I hope that at least a few of these recent posts will be of interest to you: BOOK REVIEWS Creative Conspiracy: The New Rules of Breakthrough Collaboration Leigh Thompson This Will Make You Smarter: New Scientific Concepts to Improve Your Thinking John Brockman, Editor Unrelenting Innovation: How to Build a Culture for Market Dominance Gerard [.].

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Corporate Purpose: Monumental Change Starts With Your Leadership

CO2

A recent survey conducted by McKinsey found that 42% of millennial and Gen Z consumers cited purpose as the primary reason they switched brands. Generation Z , which includes anyone born between 1997 and 2012, influences your business more each day as the generation enters the workforce and its purchasing power increases.