Leading Blog

OCTOBER 3, 2019

T HE WORLD ECONOMIC FORUM’S Future of Jobs Report lists complex problem-solving as the number one skill for jobs in 2020. McKinsey alums Charles Conn and Rob McLean teach us how to be bulletproof problem solvers using a simple 7-steps approach. Like leaders themselves, good problem solvers are made, not born.

Disaggregation 220

Disaggregation Analysis McKinsey Process 220

Lead Change Blog

NOVEMBER 22, 2019

A number of recent surveys from McKinsey research have identified three traits that are becoming leadership imperatives to respond to this growing demand for social accountability. In 2015, the World Economic Forum predicted that emotional intelligence would be one of the top 10 skills demanded by employers by 2020. Transparency.

Emotional Intelligence 209

Emotional Intelligence Supply Chain Short-term Leadership 209

Chartered Management Institute

AUGUST 22, 2023

Make 2020 the year for action. Workplace equality could add £150bn to the UK economy by 2025 (Mckinsey). Our aim is to bring to light these behaviours, encouraging both men and women to call these out in the workplace. Call out, challenge, change behaviours Too many 'broken window' behaviours pass unchallenged.

Diversity 52

Diversity McKinsey Report Training 52

Great Leadership By Dan

JULY 30, 2020

McKinsey predicts that by 2030, over 25 million jobs in the United States will be automated. The continuing advancement and convergence of artificial intelligence, bio-technology, nanotechnology, virtual and augmented reality, quantum computing, and Big Data will automate millions of jobs in the United States.

Career 231

Career Learning-by-Doing McKinsey Agility 231

HR Digest

NOVEMBER 20, 2020

The year 2020 is playing out like a bad dream in need of a wake-up call. Source: Future of Jobs Report 2020 World Economic Forum. Formal studies completed their data set in 2019 and we were certain there was a shift by 4 th quarter of 2020. Business development. Digital transformation managers. Information security analysts.

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Skills Emotional Intelligence CFO Power 145

The Center For Leadership Studies

NOVEMBER 23, 2020

McKinsey recently noted, “Numerous studies show that in a business-as-usual environment, compassionate leaders perform better and foster more loyalty and engagement by their teams. McKinsey & Company. 1 Nielsen NC, D’Auria G, Zolley S. Tuning in, turning outward: Cultivating compassionate leadership in a crisis. 2 Stein S, Book H.

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Emotional Intelligence Training Goleman McKinsey 98

Experience to Lead

JANUARY 25, 2022

Fortune launched its Leadership Next podcast in March 2020, just on the brink of the COVID-19 pandemic. Leadership Next features interviews with leaders from some of the world’s largest companies, including GM, PayPal and IBM, about how they have handled the many challenges of 2020. The McKinsey Podcast. Leadership Next.

Blog 52

Blog Leadership McKinsey Globalization 52

Chartered Management Institute

AUGUST 2, 2023

McKinsey & Company reported that in 2020 the global market for EDI-related efforts was estimated at $7.5bn, yet at the current rate, it will take another 151 years to close the global economic gender gap. Managers need to know what works, and what does not.

Metrics 52

Metrics KPI Diversity Long-term 52

Great Leadership By Dan

JUNE 11, 2020

According to McKinsey , many CEOs struggle to identify people good at innovation -- the “intrapreneurs” within their organizations who possess the rare mix of skills, motivation and attitude to successfully bring new ideas to market. The standard solution is to create teams that focus explicitly on innovation. The problem? Why is that?

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Innovation Team How To Uncertainty 227

HR Digest

DECEMBER 19, 2023

Stanford University ’s Artificial Intelligence Index Report 2022 found that private investments in AI more than doubled in 2021 as compared to 2020, totalling around $93.5 These will undoubtedly involve an entirely new range of skills as compared to the jobs that are displaced, but the potential for work might not be entirely lost.

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Tools Early Adopters GDP Report 52

The Horizons Tracker

MARCH 15, 2022

For instance, during 2020, GDP in advanced economies plummeted, with many businesses having to shut for prolonged periods, and nearly all having to rapidly adapt to the changing conditions. The Covid pandemic has undoubtedly been one of the most disruptive periods in most organizations’ history.

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Company Hofstede Supply Chain Agility 128

HR Digest

FEBRUARY 7, 2022

According to Mckinsey & Company , “Leaders have an essential role to play in developing solutions to tackle these challenges.” Fosway Group reports that in 2020, there was a 71% increase in demand for digital learning. Training Remote Managers. Training modules will be hybrid. The labor market is skewed in favor of the employee.

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Efficiency Operations Training Diversity 105

Leading Blog

FEBRUARY 29, 2020

Here are a selection of tweets from February 2020 that you don't want to miss: People Leadership: 10 Things to Do Now to Lead Better Tomorrow by @KateNasser. Reaching a tipping point in leadership development via @McKinsey. Purpose-Driven Leadership Is Good For Business. and everything else by @JesseLynStoner.

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McKinsey Learning-by-Doing Video Advice 263

Skip Prichard

AUGUST 2, 2019

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. And The World Economic Forum in its Future of Jobs Report placed complex problem solving at #1 in its top 10 skills for jobs in 2020.

Disaggregation 79

Disaggregation McKinsey Skills Gordon 79

Chart Your Course

JUNE 16, 2013

By 2020, 70 million baby boomers are projected to retire, and by 2030 this figure will reach 79 million.The need to replace retirees already has produced significant talent shortages in American businesses. A 2012 McKinsey report found that fewer than half of U.S. via Win the Race for Talent – Talent Management magazine.

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Talent Management Magazine Management Gordon 140

Harvard Business Review

OCTOBER 16, 2014

A 2014 McKinsey & Co. In his HBR piece, Drucker suggested that our great transformation would be completed by 2010 or 2020. And these folks don’t necessarily have a clue. But for all that, what it takes to manage effectively now is no mystery. We’ve been headed down this path for more than half a century.

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Drucker Survey Learning-by-Doing Knowledge Management 14

Eric Jacobson

MAY 25, 2016

By 2020 more than three quarters of the S&P 500 could be currently unknown firms. John Browne : When it comes to relationships with external stakeholders, research conducted by McKinsey shows that on average, 30 percent of a company’s value is at stake. The past is littered with the remains of firms that broke these rules.

Company 50

Company Competitive Advantage Open-book Long-term 50

HR Digest

SEPTEMBER 21, 2023

female workforce in 2020 , it is evident that many women are no longer giving up one for the other, choosing instead to both find work and care for their families. McKinsey reported that working mothers were 1.5 Working Mothers Statistics: Where We Are Now With the U.S.

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GDP McKinsey Participative Report 98

Harvard Business Review

JANUARY 18, 2018

It is easy to find reports that predict the loss of between 5 and 10 million jobs by 2020. McKinsey has been studying what kind of work is most adaptable to automation. The Risks and Rewards of AI. Sponsored by SAS. Assessing the opportunities and the potential pitfalls. Humans Are Strategic; Machines Are Tactical.

Creativity 15

Creativity Strategy Venture Capitalist McKinsey 15

Harvard Business Review

MAY 30, 2012

The Elusive Emerging Market Consumer (McKinsey Quarterly). Most of us are well aware of the growth potential of emerging-market consumers, an opportunity McKinsey estimates could exceed $20 trillion annually by 2020. Do with this as you will. LOCATION, LOCATION, PRICE.

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McKinsey Price Tips Budgeting 11

Harvard Business Review

FEBRUARY 15, 2013

Recently, the Wharton Future of Advertising Program asked more than 175 industry leaders to describe their vision of what advertising would be like in the year 2020. For messages to be heard in 2020, brands will need to create an enormous amount of useful, appealing, and timely content.

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Advertising Brand Content Agility 9

Harvard Business Review

FEBRUARY 20, 2018

By 2020, 65% of all jobs will require some college training. Generation , a 3-year old non-profit created by McKinsey, uses a bootcamp model to train and place underserved youth in careers in over 63 cities and across 20 professions. Supplementing K-12 with vocational training programs. At current graduation rates, the U.S.

Company 8

Company Training Technology McKinsey 8

Harvard Business Review

SEPTEMBER 12, 2012

A McKinsey study found 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% in terms of return on equity and by 56% in terms of operating results.

Diversity 15

Diversity McKinsey Incentives Proposal 15

Harvard Business Review

MARCH 15, 2016

By 2020, there will be an estimated 1.4 Only 400,000 computer science students are expected to graduate in 2020, leaving a wide talent gap of 1 million. To this end, McKinsey conducted extensive qualitative and quantitative research of more than 2,400 interviewees. million engineering and computer science jobs in the U.S.,

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Industry Diversity Class Engineering 8

Harvard Business Review

APRIL 14, 2017

And in January 2017, McKinsey’s research arm estimated AI-driven job losses at 5%. My own firm released a survey recently of 835 large companies (with an average revenue of $20 billion) that predicts a net job loss of between 4% and 7% in key business functions by the year 2020 due to AI.

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Company Survey Finance Engineering 12

Harvard Business Review

OCTOBER 4, 2011

And this is the interesting opportunity that is emerging: By 2020, 128 million households (600 million people) will have reached the consumer class, according to McKinsey's estimates.

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McKinsey Health Care Class Transportation 12

Harvard Business Review

JANUARY 12, 2018

Marketing and sales, manufacturing, recruiting (including people assessment), customer service, and support are all fields that can benefit from artificial intelligence according to McKinsey’s recent research. ZB by 2020. In fact, it is doubling every 14 months and it will reach 10.5 Companies are both operators and investors.

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Consultative Strategy Advice McKinsey 8

Harvard Business Review

SEPTEMBER 13, 2012

More than 90 million Africans now earn enough to spend half their income on something other than shelter and food, and McKinsey expects that figure to reach 128 million by 2020. Most of that growth is coming not from resource exploitation but in the same way it does in the U.S. and Europe — from domestic consumption.

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McKinsey Bottom-up Fashion Innovation 8

Harvard Business Review

AUGUST 23, 2011

According to a 2007 McKinsey & Co. For instance, Japan's Uniqlo will open 1,000 new stores by 2020 while China's Semir will set up 800 outlets over the next two years. The Chinese are also becoming more aware of fashion. survey, only 12% of consumers said they keep abreast of the latest fashions.

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Apparel Franchising Retail Fashion 13

Harvard Business Review

JANUARY 20, 2015

New research we conducted at the McKinsey Global Institute found that while this is a very tall order, it could be do-able. China’s health-care spending has almost tripled in the past five years and is projected to hit the $1-trillion mark by 2020. Adjustments to the way nurses work is an example.

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Globalization Productivity Products GDP 8

Harvard Business Review

FEBRUARY 16, 2012

Research by the McKinsey Global Institute predicts that by 2020, the U.S. Experts have examined the problem from every angle and concluded that, if left unresolved, the skills mismatch will continue to eat away at U.S. competiveness. million too few college graduates to meet demand and that 5.9

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Marketing Restructuring McKinsey Education 12

Harvard Business Review

JUNE 10, 2016

By 2020 customers will manage 85% of their relationship with an enterprise without interacting with a human. We analyzed McKinsey Global Institute data on the “automatability” of 2,000 different workplace activities, comparing job requirements to the current capabilities of leading-edge technology.

Development 8

Development Technology Competitive Advantage Learning-by-Doing 8

HR Digest

DECEMBER 1, 2023

McKinsey reports that 90 percent of Fortune 500 companies have employee resource groups and most DEI (Diversity, Equity, Inclusion) strategies will tell you should be prioritizing them too. But what are employee resource groups? What do employee resource groups do?

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Resources Policies Participative Goal 52

Harvard Business Review

NOVEMBER 21, 2012

Aspiring to double revenues by 2020 may be a terrific stretch goal, but it is not a strategy. Please enter the Innovating Innovation Challenge , the first leg of the Harvard Business Review/McKinsey M-Prize for Management Innovation. Ask people simply to "innovate" and the likely response is a mishmash of ideas.

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Innovation Incubator Disruptive Innovation McKinsey 9

Harvard Business Review

FEBRUARY 13, 2013

But this is only possible if the senior executives of our leading institutions are what Dominic Barton, Worldwide Managing Director of McKinsey & Company, refers to as "tri-sector athletes" — leaders able to engage and collaborate across all three sectors. Coca-Cola understands the tri-sector approach better than many.

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Globalization Career McKinsey Strategic Planning 9

Harvard Business Review

OCTOBER 16, 2014

In early research , McKinsey emphasized that the distinctive character of the Internet of Things — which is predicted to be a $7.1 trillion market by 2020 — lay in its ability to operate with little or no “human intervention.”

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Hammer Fashion Sample Information Technology 9

Harvard Business Review

JUNE 26, 2013

Walmart is the largest private user of solar power in the country, and has set goals to increase that amount 6-fold by 2020. The President name checked Walmart, GM, and Nike, and for very good reasons. But the plan we have on the table isn''t fully up to the task we face.

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Payback Period Energy Politics Efficiency 8