HR Digest

DECEMBER 8, 2020

A recent Mckinsey & Company survey shows that since 2015, America has seen only a modest growth in women’s well paid jobs representation in the corporate pipeline. For every 100 men promoted to manager, only 85 women were promoted. . Computer and information systems managers. Human Resource Managers.

Human Resources 52

Human Resources Chemicals Software Engineering 52

The Horizons Tracker

OCTOBER 21, 2020

Task management. The system was trained on a range of tasks in the medical field, including chest X-ray analysis, where the system was tasked with identifying conditions such as cardiomegaly and atelectasis. “In around its introduction.” around its introduction.”

Govindarajan 74

Govindarajan Technology Hammer Process 74

The Horizons Tracker

AUGUST 1, 2019

The alarming nature of the statistic understandably triggered considerable discussion, with various other bodies, from the OECD to McKinsey producing similar research complete with their own predictions for the future of work. Adapting to change. Technology at Work. I was understandably curious therefore to see if Technology at Work 4.0

Technology 64

Technology Short-term Osborne Long-term 64

The Horizons Tracker

JULY 1, 2020

Yet, in the space of a month, telehealth has grown to the point that 90% of primary care appointments were being delivered virtually, with apps being developed to provide remote monitoring of people as they monitor and manage their symptoms of the virus. One of the core challenges identified in the report is the time required to train.

Skills 87

Skills Report Technology Long-term 87

Ask Atma

JANUARY 2, 2011

Three Levels of Management. As a starting place we can look at three general levels or grades of management. As a starting place we can look at three general levels or grades of management. Beginner’s Management [Newbie or Management 1.0]. Fundamentals of being a manager : They ask “what needs to be done?”.

Management 40

Management CRM Objective Human Resources 40

Harvard Business Review

NOVEMBER 21, 2012

Game-changing innovation is a beautiful thing. The problem is that large companies find game-changing innovation staggeringly difficult to achieve. Apple was the only incumbent in this period to grow by creating new markets repeatedly through disruptive innovation. What does it take to innovate at scale?

Innovation 9

Innovation Incubator Disruptive Innovation McKinsey 9

Harvard Business Review

APRIL 27, 2015

Can you think of any business topic that’s been hotter for longer than innovation? In a McKinsey poll , 94% of the managers surveyed said they were dissatisfied with their company’s innovation performance. And yet when it comes to innovation, the gap between aspiration and accomplishment seems as big as ever.

Innovation 8

Innovation Company Engineering Supply Chain 8

Harvard Business Review

FEBRUARY 22, 2011

We were struck by the assumption made by an article in The McKinsey Quarterly this month. Thus, as the McKinsey Global Institute team states, and its analysis of 80 years of data shows, "over the long term. Yet, as obviously logical as that finding turns out to be, McKinsey was right to frame it as counterintuitive.

McKinsey 14

McKinsey Efficiency Long-term Analysis 14

Harvard Business Review

MARCH 30, 2016

Research by McKinsey shows that, on average, 30% of corporate earnings are at stake when it comes to a company’s relationships with society. As a global survey conducted by McKinsey shows, only 21% of business executives think their company frequently engages successfully. Apply world-class management.

Company 8

Company McKinsey Short-term Long-term 8

Harvard Business Review

NOVEMBER 30, 2017

Even more striking, new research from the McKinsey Global Institute analyzes firm-level financial results and finds a stark contrast in performance between the biggest U.S. Many of the small and midsize manufacturers that did manage to survive kept going by cutting costs, which has led to stagnant wage growth. Even when large U.S.

Supply Chain 8

Supply Chain McKinsey Incentives Bottom-up 8

Harvard Business Review

APRIL 17, 2018

Sarah Williamson is the CEO of FCLTGlobal (formerly Focusing Capital on the Long Term), an organization cofounded in 2016 by BlackRock, CPPIB, Dow Chemical, McKinsey, and Tata Sons to encourage a longer-term focus in business and investment decision making. Small Firms Are Not More Innovative.

Long-term 10

Long-term Innovation Technology Stage-Gate 10

Harvard Business Review

DECEMBER 16, 2016

Back in 2011, the McKinsey Global Institute published a report on the transformational potential of big data—and it would take a supercomputer to process all of the articles that have appeared since then urging companies to get on board before some digital disruptor renders them obsolete.

Industry 8

Industry McKinsey Early Adopters Rate of Return 8

Harvard Business Review

JULY 19, 2017

A venerable management tool — organizational network analysis (ONA) — can result in powerful visual representations of the way inclusion actually plays out in your organization. At the professional services firm, the analysis found that men were 5.6 So how do you measure this? Recently, a large U.S.-based

Company 8

Company Diversity Analysis Attrition 8

Harvard Business Review

SEPTEMBER 13, 2017

And as innovation brings self-driving cars, electric vehicles, in-vehicle data connectivity, mechanisms for sharing rides and vehicles, and other technologies to more people, getting around cities will become easier, faster, and safer. The shift to next-generation mobility systems, however, won’t be easy for cities to manage.

Transportation 11

Transportation Technology GDP Policies 11

Harvard Business Review

NOVEMBER 4, 2016

A 2015 McKinsey report on 366 public companies found that those in the top quartile for ethnic and racial diversity in management were 35% more likely to have financial returns above their industry mean, and those in the top quartile for gender diversity were 15% more likely to have returns above the industry mean.

Diversity 8

Diversity Team Price Sharpe 8

Harvard Business Review

DECEMBER 2, 2010

Most commonly noted in hindsight analysis of M&As are the effects of what we will call false positives, where in the fullness of hindsight it becomes clear that an acquisition effort was flawed from the start. To do this, we combine two separate frameworks: the first is the Three Horizon strategic model developed by McKinsey.

NPV 14

NPV Net Present Value Price Engineering 14

Harvard Business Review

NOVEMBER 22, 2017

Improving access to care, increasing workforce productivity, optimizing clinical operations, and managing population health are important—and interrelated steps. Identify and stratify patients by disease severity to manage population health. Brandon Carrus, a senior partner at McKinsey & Co.

Health Care 8

Health Care Content Chief Information Officer Efficiency 8

Harvard Business Review

DECEMBER 11, 2018

” A 10-year McKinsey study on flow found that top executives are up to 500% more productive when they’re in a state of flow. I conducted a two-week, six-hour workday experiment with my team at Collective Campus, an innovation accelerator based in Melbourne, Australia. How to Foster a Shorter, More Productive Workday.

Outsourcing 15

Outsourcing Stress Productivity Products 15

Harvard Business Review

DECEMBER 19, 2017

Technological innovations have radically transformed the business landscape in many ways over the last two centuries, from the introduction of steam power to the market conquest of radial-ply tires. Research by McKinsey & Company and the McKinsey Global Institute shows that digitization is having the same radical impact.

Succession 8

Succession Industry McKinsey Business Model 8

Harvard Business Review

JANUARY 27, 2017

At some of the world’s most successful enterprises — Google, Netflix, Amazon, Alibaba, Facebook — autonomous algorithms, not talented managers, increasingly get the last word. Elite MBAs (Management by Algorithm) are the new normal. Top management would have to trust its computationally brilliant bidding software.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

DECEMBER 19, 2012

According to a survey of social media users by the joint Nielsen-McKinsey venture NM Incite, 33% of respondents say they'd recommend a brand that offered a quick but ineffective response, nearly double the number (17%) who'd recommend a brand providing a slow but effective solution. The Social Solution to Innovation Challenges.

Balanced Scorecard 9

Balanced Scorecard McKinsey Media Metrics 9

Harvard Business Review

DECEMBER 14, 2015

At McKinsey, we are conducting our own research into the impact of automation on jobs and organizations and recently published a brief paper previewing some of our findings. Take, for example, the role of a marketing manager or executive in a consumer products company.

Osborne 8

Osborne Technology McKinsey Marketing 8

Harvard Business Review

MAY 14, 2014

Imagine you are the CEO of one of Britain’s oldest and possibly least innovative insurance companies, The Prudential. One of your better managers comes to you with the idea of setting up an internet bank. Some experts will say that you should invest in a portfolio of new ventures as part of what McKinsey calls the “ third horizon.”

Licensing 8

Licensing Competitive Advantage Proposal Banking 8

Harvard Business Review

OCTOBER 30, 2014

McKinsey research shows that companies with advanced marketing and sales capabilities tend to grow their revenue two to three times more than the average company within their sector. One important way to focus the effort is by managing the sales pipeline together. “It

Marketing 11

Marketing Guidelines B2C Analysis 11

Harvard Business Review

JANUARY 11, 2016

For chief executives, developing a good strategy is a management challenge that, at its best, involves maximizing the unique contributions of very different executives and, at its worst, requires managing counterproductive tension and turf wars between CFOs, CSOs and, quite often, business-unit heads. There are two reasons for this.

Strategy 8

Strategy CFO Finance Short-term 8

Harvard Business Review

DECEMBER 22, 2010

No wonder that a 2008 McKinsey survey found that only 20% of senior executives believe that their corporate philanthropy is effective in achieving social goals. As Nike's Senior Portfolio Manager Adam Day says, "The global development sector had overlooked the enormous potential of investing in adolescent girls to reduce global poverty.

Core Competence 15

Core Competence Market Segmentation Globalization Reputation 15

Harvard Business Review

MAY 11, 2016

By ignoring the distribution, that statistic masks a more important trend: As the McKinsey Global Institute has documented , variance in corporate earnings has increased substantially as well. As McKinsey’s researchers write in their report : The most digitized sectors in the U.S. with the exception of the rise of the 1%.

McKinsey 8

McKinsey Document Engineering Outsourcing 8

Harvard Business Review

NOVEMBER 22, 2016

They manage each other, they take responsibility for actions, and they understand the dynamics of working relationships in a way that an algorithm simply can’t (at least for the foreseeable future). But while computers can do the rote analysis, even they have limits. This is where strong managers and mentors excel.

Technology 8

Technology Education Analysis McKinsey 8

Harvard Business Review

JUNE 2, 2017

How producers manage the resources they have is far more important than how much they have. At the same time, technological innovation in transportation, the largest single user of oil, is helping to lower energy consumption as engines become more fuel efficient and the use of autonomous and electric vehicles grows.

Technology 8

Technology Resources Industry Energy 8

Harvard Business Review

NOVEMBER 15, 2016

Our analysis revealed that CEOs differ meaningfully from the overall executive population across many personality attributes. Researchers at McKinsey recently published related observations pertaining to new CEOs. In short, they asserted that the worst thing new CEOs can do is “sit on their hands.”

CEO 8

CEO Retail Class Charan 8