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Advancing Gender Diversity in Boardrooms: Success Strategies

N2Growth Blog

For example, a report by McKinsey & Company found that companies with diverse executive boards outperform their peers in profitability, generating approximately 10% higher return on equity. Improved Decision-Making: Gender diversity in boards and leadership teams leads to more effective decision-making processes.

Diversity 235
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Improve Your Positive Influence: Eliminate Common Obstacles

Leading Blog

The higher the stakes, the more systematic analysis and preparation will be needed. She was formerly with McKinsey, working with MNCs and local companies in the US, China, and India. Sufficient preparation can more than double the effectiveness of a challenging +influence attempt. Instinct-led execution.

Influence 351
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7 Steps to Bulletproof Problem Solving

Leading Blog

McKinsey alums Charles Conn and Rob McLean teach us how to be bulletproof problem solvers using a simple 7-steps approach. Rushing into analysis with a vague problem statement is a clear formula for long hours and frustrated clients.”. Some problems don’t need complex analysis, others require more complex tools.

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How to Make the Business Case for Change

Lead Change Blog

McKinsey & Company’s research suggests that 70 percent of change efforts fall short of their objectives or fail altogether. Provide a cost-benefit analysis. That creates a challenge for you as a leader to obtain approval for change initiatives, when you are not the ultimate decision-maker.

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The Impact Of Automation On Low-Skilled Workers

The Horizons Tracker

The landscape post-Covid is also assessed in a recent paper from the McKinsey Global Institute, which looks at the labor market implications of the pandemic in the United States, United Kingdom, Germany, France, China, India, Japan, and Spain. ” The post-Covid landscape. ” Accelerating trends. . ” Accelerating trends. .

Skills 124
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Are You Squandering Money on Acquiring Rather than Retaining Customers?

The Practical Leader

Their analysis showed that on average, each one-point increase in the American Customer Satisfaction Index score lowered a firm’s future Cost of Selling by almost 3%.” . “However, that assumption lacked credible empirical backing — until a team of researchers recently decided to test it.

McKinsey 124
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The Strategy Book

Leading Blog

Second, there are some of the most influential tools from the field of strategy and management. Third, there are tools that I have found valuable in my work with some of the most successful organisations in the world."

Strategy 281