HR Digest

JULY 28, 2021

In a recent McKinsey Global Survey on the future of workforce needs, nearly nine in ten executives and managers say their organizations either face skills gap already or expect gaps to develop within the next five years. According to McKinsey, AI and automation will displace between 400 million and 800 million individuals by 2030.

McKinsey 134

McKinsey Aggregate Demand Industry Crisis 134

CO2

FEBRUARY 7, 2024

As we journey through the ever-evolving landscape of our careers and personal lives, it becomes clear that every challenge, every peak we reach, is unique. A study by the Center for Creative Leadership found that teams led by inclusive leaders are 17% more likely to report high performance.

Leadership 78

Leadership McKinsey Innovation Learning-by-Doing 78

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. How do you disaggregate the issues and develop hypotheses to be explored?

Disaggregation 217

Disaggregation Analysis McKinsey Process 217

CoachStation

AUGUST 26, 2022

Developing the skills to engage team members is important. As a leader you are obligated to develop your skills to influence and support each and every team member. Every employee has to own their development and situation too. People are finding it easy to find jobs and unemployment is at a record low. for a longer period.

Motivation 130

Motivation McKinsey Attrition Influence 130

HR Digest

JUNE 16, 2023

HR has thrived during this difficult time and helped in transforming organizations where the function is well led, has strong senior stakeholder support, has prioritized leadership development , and has already commenced a digital transformation journey. times more likely to report organizational outperformance, McKinsey research has shown.

McKinsey 98

McKinsey Agility Learning-by-Doing Organization 98

N2Growth Blog

SEPTEMBER 28, 2020

These Human Resource leaders represent the top 25 human resources leaders shaping careers, culture, and talent at the world’s most innovative people driven companies. Take stock of the progressive development plans and programs they’ve made available to the workforce. and a development manager at Oracle Corp.

Human Resources 469

Human Resources Globalization Diversity Resources 469

ExactHire - Leadership

JUNE 3, 2022

They’re understandably excited to have graduated college and start their careers. Pew Research Center reports that recent graduates are more diverse than ever. According to McKinsey , companies succeeding at diversity are 35 percent more likely to enjoy profit margins above the median for their industry. Hiring Fresh Graduates.

Company 98

Company Diversity Career Quality 98

HR Digest

NOVEMBER 20, 2020

Updated skills are the currency for future-proofing your career. Reskilling refers to learning new skills for a job switch or career pivot. Power skills are long-lasting, transferable across a number of work environments and roles, and can developed. Business development. Software and app developers.

Skills 145

Skills Emotional Intelligence CFO Power 145

ExactHire - Leadership

MAY 5, 2021

In 2015, McKinsey and Company found that companies with a diverse workforce performed 15 to 35 percent better than the national industry median. McKinsey followed up with a 2018 report that echoed the finding of the first: diversity is good for the bottom line. Diversity in the workplace is good for the bottom line.

Diversity 111

Diversity Compliance McKinsey Bottom-up 111

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. As a consequence of accelerating change, the old model of managerial skill development and application is no longer effective.

Disaggregation 82

Disaggregation McKinsey Skills Gordon 82

ExactHire - Leadership

JUNE 3, 2022

They’re understandably excited to have graduated college and start their careers. Pew Research Center reports that recent graduates are more diverse than ever. According to McKinsey , companies succeeding at diversity are 35 percent more likely to enjoy profit margins above the median for their industry.

Company 52

Company Diversity Career Quality 52

ExactHire - Leadership

JUNE 3, 2022

They’re understandably excited to have graduated college and start their careers. Pew Research Center reports that recent graduates are more diverse than ever. According to McKinsey , companies succeeding at diversity are 35 percent more likely to enjoy profit margins above the median for their industry. Hiring Fresh Graduates.

Company 52

Company Diversity Career Quality 52

Women on Business

NOVEMBER 11, 2011

Another study by McKinsey & Co has “proven a positive correlation between a company’s performance and the proportion of women serving on its executive board. Don’t be so timid: The fact that so many women will not take risks and apply for jobs they currently do not have 100% skillset for is very career limiting.

McKinsey 199

McKinsey Career Project Definition 199

Center for Creative Leadership

AUGUST 26, 2019

Our series of industry trend research reports — created using our flagship 360-assessment tool, Benchmarks® for Managers — shows that great similarities exist among leaders across industries including healthcare, pharmaceutical, financial, tech, energy, and government (civilian). Army Leadership Trend Report. industry leader ratings.

Benchmarking 57

Benchmarking Leadership Bottom-up Leadership Pipeline 57

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. go over relatively old ground one more time.

Technology 64

Technology Short-term Osborne Long-term 64

Lead from Within

JUNE 9, 2018

Even more–91 percent of those who stayed with the program–reported they were experiencing significant positive changes. Google, Apple, McKinsey & Co., There are plenty of print and online resources you can adapt to your workgroup as a professional development activity or even an optional workshop.

Stress 136

Stress Workshop Crisis McKinsey 136

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. Their work responsibilities include web design database development as well as designing a company’s IT approaches and strategies. Software Developers.

Human Resources 52

Human Resources Chemicals Software Engineering 52

Coaching Tip

JUNE 3, 2011

My work on leadership development in the U.S. Useem's articles have appeared in the Chicago Tribune , Fast Company, Financial Times , Fortune , Harvard Business Review, McKinsey Quarterly, New York Times , U.S. News & World Report, Washington Post , Wall Street Journal, and elsewhere. ePub/Nook Format : [link].

Leadership 129

Leadership McKinsey Sample Download 129

Harvard Business Review

JUNE 5, 2012

If you can't find 'em, you better keep 'em and train 'em, say three McKinsey consultants writing in their firm's eponymous quarterly. It's an "irreplaceable motivator for high-performing technology staff," McKinsey reports. INSIDE OUT OR OUTSIDE IN? Big Pharma's Questionable Start-Up Strategy (Technology Review).

Development 13

Development McKinsey CFO Competitive Advantage 13

HR Digest

SEPTEMBER 21, 2023

Bureau of Labor Statistics reporting that the labor force participation of women in their prime, aged between 25 and 54, has increased to 77.8 Census Bureau having reported that working mothers made up almost one-third of the U.S. They also reported an average $340 per week cost to send a child to a daycare facility.

GDP 98

GDP McKinsey Participative Report 98

Marshall Goldsmith

FEBRUARY 8, 2018

US News and World Report – One of America’s 25 Best Leaders. Tammy Erickson – McKinsey award-winning author. 14th Administrator, United States Agency for International Development. US News and World Report #1 Best Hospital in the United States – Fortune ‘100 Best Companies to Work For,’ 14 consecutive years.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Harvard Business Review

JANUARY 22, 2015

Despite studies showing that succession is an essential part of strategic planning, many companies ignore leadership development to focus on more immediate challenges. But your organization’s future success depends on identifying and developing the next generation of its leaders. For example, when a U.S.

Leadership Development 8

Leadership Development Development Leadership Leadership Pipeline 8

Harvard Business Review

AUGUST 29, 2017

According to a recent McKinsey Global Institute report , the number of people in the global labor force will reach 3.5 Our ways of thinking about careers, colleagues, and collaboration will need to become more flexible and adaptable. Brazil reported the largest extent of these self-reported voluntary interactions at nearly 52%.

Succession 13

Succession Globalization Tacit Knowledge GDP 13

Harvard Business Review

MAY 22, 2012

A new McKinsey study (PDF) reports statistically what we already knew from personal experience: that mid-career and senior women tend to be found disproportionally in staff jobs, or "pink ghettos," relative to men. according to the same McKinsey report).

McKinsey 11

McKinsey Mentor Diversity Report 11

Harvard Business Review

DECEMBER 30, 2015

Most career advice today encourages us to move forward passionately, intentionally, boldly — and above all, quickly. Career coaches don’t make a lot of money from encouraging people to “get ahead slowly.” ” However, in terms of fulfilling our long-term goals for career success, patience can be an asset.

Long-term 8

Long-term Career Survey CEO 8

Harvard Business Review

SEPTEMBER 3, 2018

According to a 2016 McKinsey report, Women in the Workplace , white men make up 36% of entry-level corporate jobs, and white women make up 31%. As I advanced in my career, I hosted women-only lunches and created open channels of communication. This makes an increasing difference in representation as you go up the org chart.

Power 8

Power McKinsey Attrition Learning-by-Doing 8

Harvard Business Review

APRIL 14, 2011

Reflecting on the fact that Holly routinely plays with both our iPad and Kinect , I said to my wife, "I think the odds that Holly actually uses a laptop during her working career are pretty close to zero.". I joined McKinsey & Co. Consultants could pour through those reports to find critical data that our clients couldn't access.

Competitive Advantage 12

Competitive Advantage McKinsey Library Entrepreneur 12

Harvard Business Review

FEBRUARY 14, 2017

The United States has thousands of workforce development and training programs, run by the public, social, and private sectors. In a dynamic economy workers are expected to adapt, to change not just jobs but sometimes careers, to pick up new skills when necessary. Some are excellent; others, not so much.

Metrics 9

Metrics TCO Training Cost-Benefit Analysis 9

Harvard Business Review

JUNE 30, 2017

When it comes to training and workforce development, lots of them. The business model of Generation, a youth employment nonprofit founded by McKinsey & Company, where we both work, is based on that assertion. One such activity was the observation and reporting of changes in patients’ conditions.

Training 9

Training ROI Attrition Metrics 9

Harvard Business Review

SEPTEMBER 11, 2015

In-house strategy and consulting groups are growing in popularity , supplementing and increasingly winning business from traditional consulting firms such as McKinsey & Company, Boston Consulting Group and Bain & Company. For a company our size, with reported revenue of $24.4 McKinsey, Bain, or Boston Consulting Group).

Consultative 8

Consultative Team How To McKinsey 8

Harvard Business Review

FEBRUARY 16, 2012

There is no mechanism that reliably signals which skills employers need so that individuals and schools can develop those skills. Research by the McKinsey Global Institute predicts that by 2020, the U.S. The problem is not just one of location and timing, however. The job market simply doesn't function the way a market should.

Marketing 11

Marketing Restructuring McKinsey Education 11

Harvard Business Review

JUNE 24, 2014

In the late 1990s, Steven Hankin of McKinsey provoked a lot of discussion when he coined the phrase “the war for talent.” Further, we have appointed an advisory council consisting of eminent professors and practitioners from the continent who can help identify mutual needs and ensure long-term talent development.

Long-term 8

Long-term Globalization McKinsey Education 8

Harvard Business Review

MARCH 18, 2013

Companies like GE and McKinsey are rigorous about promotion standards, but they are the exceptions. That's just table stakes, the minimum needed to get you into consideration for a promotion. But finding out what else is required is tricky. Few companies spell out the criteria they use to make promotions to the first rung of management.

Proposal 8

Proposal Maturity McKinsey Delegation 8

HR Digest

NOVEMBER 9, 2023

Apollo Technical reports that 39 percent of those considering job changes are motivated by higher salaries. percent of senior managerial and directorial roles , according to McKinsey. Then develop protocols for making adjustments to address identified pay disparities. Those who feel unfairly compensated move on.

System 52

System How To Benchmarking Diversity 52

Harvard Business Review

JANUARY 31, 2014

One of the first, and most lasting, pieces of career advice I received came from Linda Bush, my first project manager when I was a wee pup working at McKinsey & Company. Ask a lot of questions,” Linda advised me. You might think you are being annoying, but it’s the only way you learn.

Innovation 10

Innovation Disruptive Innovation Learning-by-Doing Participative 10

Harvard Business Review

SEPTEMBER 27, 2018

As the RCA explained, “We don’t want too many “career academics,” who only work with us. Through thousands of discussions with hundreds of leaders, we identified six behaviors that defy conventional wisdom, 12 questions to help others develop these habits, and 50 illustrations of how this can be done, in practice.

Organization 10

Organization Learning-by-Doing Open-book McKinsey 10

Harvard Business Review

NOVEMBER 8, 2018

Peer-to-peer learning can be a powerful development tool that breaks through some common barriers to skill-building — and it has other benefits as well. A learner’s development is dependent on a willingness to make mistakes, challenge ideas, and speak up about concerns — as John and his colleagues did in their group.

How To 11

How To Participative Construction Learning-by-Doing 11