HR Digest

DECEMBER 8, 2020

The number of women in high paying jobs and entering the job market has risen progressively through the years, but there are many hurdles in their journey up the ladder. . It is a fast growing field and attracts a lot of entrepreneurs and innovators. Marketing and Sales Manager. Physician Assistants . Producer and Director.

Human Resources 52

Human Resources Chemicals Software Engineering 52

The Horizons Tracker

AUGUST 1, 2019

The research was arguably the first study that attempted to predict how technologies such as artificial intelligence and robotics would impact the labour market. Technology at Work is an annual analysis conducted by financial giant Citi and Oxford University’s Martin School. Adapting to change. Technology at Work.

Technology 72

Technology Short-term Osborne Long-term 72

The Horizons Tracker

AUGUST 27, 2019

The analysis revealed a profound bifurcation in the job market, with the split dividing the low-skill and low-wage jobs from the high-skill and high-wage senior positions. The analysis revealed a highly unequal landscape, with those influential people five times more likely to have gone to a private school than the average population.

Diversity 61

Diversity Class Education Analysis 61

Harvard Business Review

NOVEMBER 21, 2012

Game-changing innovation is a beautiful thing. New markets are created. 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's not to like?

Innovation 8

Innovation Incubator Disruptive Innovation McKinsey 8

Harvard Business Review

OCTOBER 30, 2014

Nowhere else in the executive suite of a typical corporation are two functions as closely intertwined as sales and marketing. Yet for all the shared responsibility, the marketing and sales relationship has often been a contentious and lopsided one, with sales dominating in B2B sectors while marketing leads in B2C ones.

Marketing 9

Marketing Guidelines B2C Analysis 9

CO2

APRIL 1, 2022

A recent survey conducted by McKinsey found that 42% of millennial and Gen Z consumers cited purpose as the primary reason they switched brands. It’s more likely that they set out to meet an unmet need in the market. We told them it had no power—their analysis and debate had produced only platitudes. greater revenue growth 34.7%

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

CO2

APRIL 1, 2022

A recent survey conducted by McKinsey found that 42% of millennial and Gen Z consumers cited purpose as the primary reason they switched brands. It’s more likely that they set out to meet an unmet need in the market. We told them it had no power—their analysis and debate had produced only platitudes. greater revenue growth.

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

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

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. They already report that the domestic supplier base is hollowed out, depriving them of the agility they need to respond quickly to new market opportunities.

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 8

Long-term Innovation Technology Stage-Gate 8

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

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

JANUARY 28, 2014

For example, a prescient report by McKinsey in 2005 showed that classified advertisement (the true driver of profitability for many newspaper companies) had decoupled from newspapers’ economic growth. billion), proclaiming McKinsey’s analysis “shallow and superficial.”. Disruptive innovation Innovation'

Disruptive Innovation 8

Disruptive Innovation Advertising Gilbert Market Segmentation 8

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

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. The Nike Foundation also leans on its expertise in innovation and scale to find solutions to poverty, while keeping its operations separate from the business.

Core Competence 15

Core Competence Market Segmentation Globalization Reputation 15

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. Some experts will say that you should invest in a portfolio of new ventures as part of what McKinsey calls the “ third horizon.” Are the markets likely to over or under value the asset being sold?

Licensing 8

Licensing Competitive Advantage Proposal Banking 8

Harvard Business Review

AUGUST 30, 2018

Although cross-border data flows grew 45x between 2005 and 2014, according to a McKinsey analysis , events since 2014 have pushed the pendulum to swing away from unconstrained data globalization. Still others hope to create market barriers for global companies — a form of digital protectionism. Data Is Deglobalizing.

Supply Chain 8

Supply Chain Globalization GAAP Policies 8

Harvard Business Review

OCTOBER 11, 2013

Every industry loves to co-opt it; for example, in consulting, you’ll hear: “You never get fired for hiring McKinsey.” Their higher margins could be reinvested into client service innovations. But make no mistake: the competition for market share in the legal space is tough and getting tougher.'

Sample 8

Sample Survey Christensen Efficiency 8

Harvard Business Review

MARCH 8, 2016

This has big implications for businesses, entrepreneurs, and innovators seeking growth beyond their home markets: there just isn’t a one-size-fits-all app or approach to building scale in the global digital economy. First, let’s review some of the challenges.

Benchmarking 8

Benchmarking Policies Globalization Long-term 8

Harvard Business Review

JANUARY 27, 2017

Even better, they would respond 10 times faster to market moves than existing processes while requiring minimal human intervention. The bad news: Petabytes of new data and algorithmic innovation assure that “autonomy creep” will relentlessly challenge human oversight from within. That was the challenge.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

JANUARY 11, 2016

In our experience at McKinsey, creating this ideal partnership usually requires the CFO to become more directly and deeply involved in strategy development. Similarly, they’re often the go-to individuals on competitor analysis. Together, they have the stature to challenge and influence how the company makes decisions.

Strategy 8

Strategy CFO Finance Short-term 8

The Horizons Tracker

OCTOBER 21, 2020

Indeed, a central theme of Lumina Foundation CEO James Merisotis’ latest book, Human Work , is that we often struggle to truly understand what skills we have, and indeed what skills we need to have in order to thrive in the modern labor market. around its introduction.”

Govindarajan 87

Govindarajan Technology Hammer Process 87

Harvard Business Review

JULY 22, 2013

By 2018, the United States alone could face a shortage of 140,000 to 190,000 people with deep analytical skills, according to the McKinsey Global Institute. They have a thorough knowledge of the technical systems that deliver specific marketing campaigns, such as which customer should get what message when. The right team.

Team 8

Team McKinsey Comparison Retail 8

Harvard Business Review

MAY 31, 2011

So when we were first contacted about a possible collaboration by the Management Innovation eXchange (MIX), which sees its role as "creating organizations that are fundamentally fit for the future — and genuinely fit for human beings," we were immediately excited by the possibilities. With the Management 2.0

McKinsey 11

McKinsey Innovation Hamel Management 11

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

Ask Atma

JANUARY 2, 2011

And the Fundaments of managing by objectives : Cascading of organizational goals and objectives, (For example, a top level goal of increasing sales by 20% over a defined period may require a bottom level goal of increasing marketing effectiveness or marketing coverage in order to reach the sales set.). Capital raising strategies.

Management 40

Management CRM Objective Human Resources 40

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

MARCH 31, 2011

How many people in your organization are innovative thinkers who can help with your thorniest strategy problems? Innovation. Liberal arts graduates are well-trained in writing and presenting, making them natural fits for marketing, training, and research. How many have a keen understanding of customer needs? What else?

Innovation 17

Innovation Creativity McKinsey CEO 17

Harvard Business Review

NOVEMBER 22, 2016

will undoubtedly change the labor market, but in a way we can adapt to. A recent McKinsey study shows that there really are tasks that only humans can do for the foreseeable future, particularly in areas such as education and health care. But while computers can do the rote analysis, even they have limits. Automation 2.0

Technology 8

Technology Education Analysis McKinsey 8

Harvard Business Review

NOVEMBER 15, 2016

In today’s rapidly changing markets, with digital disruption looming over every business, this question has never been more important. Our analysis revealed that CEOs differ meaningfully from the overall executive population across many personality attributes. So what should companies look for when they hire a new CEO?

CEO 8

CEO Retail Class Charan 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 8

Balanced Scorecard McKinsey Media Metrics 8

The Horizons Tracker

JULY 22, 2019

The last few years have seen a number of reports attempting to explore how the future of work will unfold, and one of the most commonly cited was that produced by McKinsey in 2017. Economic Benefits – this use case analysis will also examine the economic benefits of implementation. Gender differences. . ” Skills gap.

McKinsey 72

McKinsey Technology Ethics Report 72

Harvard Business Review

OCTOBER 6, 2016

Hillary Clinton has a tech and innovation agenda. The world’s five largest companies (by market capitalization) are all American and compete in the digital sphere: Apple, Alphabet, Amazon, Microsoft, and Facebook. Consider some sobering analysis from McKinsey based on an analysis of over 750 occupations.

Politics 8

Politics McKinsey Katz Technology 8