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. After all, your business’s future success depends not only on the health and longevity of the community in which you operate — but also on the health of our entire world.

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

Harvard Business Review

SEPTEMBER 11, 2017

Companies and government agencies often make the mistake of viewing innovation as a set of unconstrained activities with no discipline. In reality, for innovation to contribute to a company or government agency, it needs to be designed as a process from start to deployment.

Process 13

Process Innovation Incubator Committee 13

Harvard Business Review

OCTOBER 10, 2017

A recent McKinsey report found that while 84% of corporate executives think innovation is key to achieving growth objectives, only 6% are satisfied with the innovation performance of their firm. Even if executives try to prioritize it, innovation often gets crowded out by more “urgent” short-term pressures.

Innovation 8

Innovation P&L ROI Long-term 8

Harvard Business Review

APRIL 5, 2017

The McKinsey Global Institute, in conjunction with FCLT Global, recently released research stating that long-term-oriented companies perform better than those that focus on short-term results. While a laudable effort in principle, measuring a company’s tendency to make myopic operating and investing decisions is fiendishly complex.

EPS 8

EPS Metrics Depreciation Short-term 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

JULY 17, 2017

Despite rapid innovations in data processing and machine learning, many businesses have yet to make the leap from the Industrial Age to the information age, and the gap between technological and organizational progress is widening. Closing this gap requires much more than short-term fixes, like adopting new technologies. Insight Center.

Industry 12

Industry Short-term Planning Long-term 12

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. The current model is not working. Engage radically.

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. Past work by McKinsey found that inefficiencies in manufacturer-supplier interactions add up to roughly 5% of development, tooling, and product costs in the auto industry.

Supply Chain 8

Supply Chain McKinsey Incentives Bottom-up 8

Harvard Business Review

NOVEMBER 23, 2012

Just a few weeks ago Harvard Business Review and McKinsey & Co. opened the first leg of their 2012/13 M-Prize challenge: " Innovating Innovation." The concept of portfolio management is not new, but only a small handful of companies have developed sophisticated yet usable systems to manage their innovation portfolio.

Case Study 8

Case Study Uncertainty McKinsey Innovation 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

OCTOBER 17, 2018

New research from the McKinsey Global Institute simulates the potential global macroeconomic impact of five powerful technologies (computer vision, natural language, virtual assistants, robotic process automation, and advanced machine learning). But how will AI impact the economy in broad terms?

GDP 10

GDP McKinsey Long-term Technology 10

Harvard Business Review

JUNE 14, 2017

A recent McKinsey report suggests that fewer than 30% of organizations are able to find the right C-suite leaders, and that newly appointed executives take too long to adapt. A proper understanding of fit must take into account the leader’s motives and values , also known as the “inside” of personality.

McKinsey 15

McKinsey Self-aware Motivation Report 15

Harvard Business Review

SEPTEMBER 12, 2012

Meanwhile, according to a recent article in The Financial Times , where a minimum threshold was adopted, there has been a marked improvement in gender balance. as a land of opportunity and innovation. However, such self-policing has been ineffectual at best and, more often, insultingly negligible.

Diversity 15

Diversity McKinsey Incentives Proposal 15

Harvard Business Review

JULY 9, 2018

But it’s particularly difficult for large, traditional firms , especially those which operate in consolidated, non-growth industries (think pulp and paper, steel, airlines) and which are often located away from the metropolitan areas where data scientists live. And they can create a lot of value by generating new business.

Bottom-up 9

Bottom-up Operations Training Efficiency 9

Harvard Business Review

JANUARY 21, 2016

The United States takes pride in being on the cutting edge of all things digital, and rightly so: American innovations and innovators have led the way. Yet according to recent research from the McKinsey Global Institute, the U.S. But it’s worth noting that not all of the have-mores are young firms that were born digital.

Company 8

Company Technology Innovation GDP 8

Harvard Business Review

JANUARY 3, 2011

The cause was not malfeasant individuals; it was inadequately designed and operated systems of care delivery. The only reasonable explanation for this disparity between effort and outcome is that health care leaders are not investing in the right operational changes to achieve excellence in safety, affordability, and capacity.

Health Care 15

Health Care Kaizen McKinsey Operations 15

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

OCTOBER 25, 2018

In our recent research at the McKinsey Global Institute, we examined the superstar phenomenon across firms, as well as sectors and cities. In this article, we will focus mostly on firms, but with some brief commentary on sectors and cities at the end. Wider dynamics may be at play.

Industry 12

Industry Company GDP Bottom-up 12

Harvard Business Review

FEBRUARY 16, 2016

This article will explore the link between sleep and leadership before discussing solutions that can improve both individual well-being and organizational efficiency and effectiveness. Operating with a strong orientation to results. The link between sleep and organizational leadership. Solving problems effectively.

Leadership 8

Leadership McKinsey Stress Creativity 8

Harvard Business Review

JUNE 16, 2015

The issues in each of these buckets require new leadership, or at least a rethinking of it in the highest ranks of companies, and deep operational changes. We’re starting to recognize that this relatively new situation has important ramifications for how businesses operate, and we’re making some progress. Insight Center.

Constraint 8

Constraint Supply Chain Resources Operations 8

Harvard Business Review

MARCH 29, 2011

Editor's note: This post is part of a three-week series examining educational innovation and technology, published in partnership with the Advanced Leadership Initiative at Harvard University. The question is whether TFA's seemingly prolific production of entrepreneurs is fact or simple hearsay. The answer appears to be yes.

Entrepreneur 14

Entrepreneur Education McKinsey Sample 14

Harvard Business Review

SEPTEMBER 19, 2011

According to chairman and CEO Timothy Smucker, 67, who is now stepping down to hand the jars to his younger brother Richard, 63, "Volume gains in the fruit spreads category were supported by investments in advertising and product innovation." A focus on innovating consumer experiences, not company products.

Brand 13

Brand Strategic Fit Retail McKinsey 13

Harvard Business Review

OCTOBER 21, 2016

Hoping to alleviate their concerns, this article also provides concrete examples of how sustainability benefits the bottom line. This can disrupt a firm’s ability to operate on schedule and budget. ” Improving risk management. Climate change, water scarcity, and poor labor conditions in much of the world increase the risk.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

NOVEMBER 20, 2015

According to estimates from McKinsey, consumers in these markets could be worth $30 trillion by 2025 — a significant step up from the 2010 value of $12 trillion. But innovating for sustainable development is actually quite close to the processes of “traditional” innovation. of the time.

Goal 8

Goal Supply Chain Development Globalization 8

Harvard Business Review

JANUARY 27, 2017

(He explained why he thinks so in a recent HBR article.) The bad news: Petabytes of new data and algorithmic innovation assure that “autonomy creep” will relentlessly challenge human oversight from within. McKinsey, Bain, and BCG are the management models here. The Autonomous/Autonomy Advisor.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

APRIL 1, 2016

Recent research from the McKinsey Global Institute (MGI) looked at the state of digitization in sectors across the U.S. They are more likely to use software to manage their back-office operations and customer relationships. They take advantage of e-commerce platforms — and may even operate their own.

Industry 8

Industry Benchmarking Supply Chain Health Care 8

Harvard Business Review

AUGUST 16, 2017

How can you make core business operations more sustainable? Global Managing Partner, McKinsey & Co. Regardless of your views on the who, what, when, and why of climate change, the pursuit of sustainable processes up and down supply chains can translate into immediate savings — and opportunities for innovation.

Project 8

Project Henderson Supply Chain Short-term 8

Harvard Business Review

DECEMBER 4, 2017

But I think the interesting part comes when they start to see it as an opportunity for innovations that are financially beneficial as well as socially beneficial. For example, installing a rapidly deployable flood barrier around your campus can help keep your buildings operational during megastorms. The result will be innovation.

Project 8

Project Advice Henderson Short-term 8

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. Give Us Feedback and Get a Free HBR Article.

Globalization 9

Globalization Career McKinsey Strategic Planning 9

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

FEBRUARY 11, 2016

Too often, purchasing departments manage the selection while operating managers—not involved in selection by fiat—are expected to make the relationship work. A recent McKinsey global survey found that just 26 percent of surveyed executives say that key change initiatives were successful at sustainably improving the organization.

Agility 8

Agility Organization Resources Fixed Costs 8

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. Organizations that manage the transition to a more highly automated business model can build strong advantages.

Osborne 8

Osborne Technology McKinsey Marketing 8

Harvard Business Review

JANUARY 12, 2015

In 1989, Peter Drucker wrote an article for Harvard Business Review titled “What Business Can Learn from Nonprofits.” A number of cities, in particular, have become hotbeds of innovation, in no small part because of the fiscal strains they face. The first is exemplified by South Bend, Ind., Take Louisville, Ky.,

Drucker 8

Drucker Katz Innovation Learning-by-Doing 8

Harvard Business Review

DECEMBER 7, 2018

By 2016, SABMiller had brewing operations in around forty of Africa’s fifty-four countries. In it, we distill the insights from over 3,000 McKinsey consulting engagements across Africa, and hone case studies from interviews with dozens of successful CEOs, entrepreneurs, and development leaders.

Brand 8

Brand Case Study Globalization Marketing 8

Harvard Business Review

MAY 18, 2017

Kaplan’s balanced scorecard or Clayton Christensen’s disruptive innovation. I’ll give a few examples, starting with his first HBR article but mostly concerning later work. (A One of the many articles circling back to this topic of late revisited the still-common use of NPV hurdles in investment decisions.)

Management 9

Management Balanced Scorecard NPV Article 9

Harvard Business Review

SEPTEMBER 26, 2018

A company that lacks diversity in its workforce also doesn’t perform as well on financial returns, reports McKinsey. Diversity has also been found to drive growth and innovation, so companies that hire only for a specific type of employee might actually fall behind its competitors.

Welch 10

Welch Reputation Diversity Media 10

Harvard Business Review

JUNE 2, 2017

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. Productivity-enhancing technology is already being deployed in mining operations around the world.

Technology 8

Technology Resources Industry Energy 8