HR Digest

SEPTEMBER 14, 2023

Amidst all the revenue numbers and share valuations that companies wear as a badge of honor, the concept of employee relationship management has emerged as another undeniable sign of a successful organization. If there was smooth communication and you felt your opinions were considered, it is likely you enjoyed the process a lot more.

Schein 98

Schein Industry Long-term Automotive 98

N2Growth Blog

SEPTEMBER 28, 2020

The 2020 Leaders25 Top CHRO Award is a list curated by a panel of N2Growth team members ( co-led by Jeffrey Cohn and Mike Myatt ), as well as outside advisory members to ensure objectivity and rigor in our selection process. Prior to joining Microsoft in 2003, Hogan was a partner at McKinsey & Co. CHRO for HSBC.

Human Resources 469

Human Resources Globalization Diversity Resources 469

HR Digest

DECEMBER 27, 2018

Employee lifecycle management, which defines the major HR function, is somewhat becoming less complicated; HR trends in 2019 suggest the industry is poised to rip even more benefits from the digital progression. However, employee management is increasingly incurring more challenges. Improved employee engagement.

Human Resources 87

Human Resources Trends Resources Innovation 87

Strategy Driven

MARCH 3, 2020

The results from a new McKinsey Global Survey confirm the positive effects of talent management on business outcomes. The executive team is directly involved in setting the talent strategy and fully committed to the process. This could explain why you’re unable to find and keep the talent needed to fuel business growth.

Strategy 86

Strategy Company Talent Management McKinsey 86

Great Leadership By Dan

AUGUST 6, 2015

Per the 2014 McKinsey research study of 1323 companies involved in organization redesign, less than a quarter of those transformation efforts succeeded. Subramanian is author of the new book, Transforming Business with Program Management : Integrating Strategy, People, Process, Technology, Structure and Measurement.

Leadership 120

Leadership Stage-Gate Critical Success Factor Objective 120

Jesse Lyn Stoner Blog

NOVEMBER 15, 2012

Anyone can be collaborative leader—whether you are the CEO, a mid-level manager or a front-line supervisor. Through involvement, people develop deeper understanding of the issues and goals and become more committed to implementing decisions. It doesn’t matter what your role is. WikiLeaks is just the tip of the iceberg.

Competitive Advantage 282

Competitive Advantage McKinsey Creativity Diversity 282

CO2

SEPTEMBER 21, 2022

In a McKinsey survey , 70% of respondents cited work as a defining factor in their sense of purpose—with 63% saying they would like more opportunities to live out that purpose in their day-to-day work. . Most organizations try to be everything to everybody,” explains Gary Cohen, managing partner at CO2. Narrow your focus.

How To 78

How To Long-term Performance Review Mission Statement 78

CO2

SEPTEMBER 21, 2022

In a McKinsey survey , 70% of respondents cited work as a defining factor in their sense of purpose—with 63% saying they would like more opportunities to live out that purpose in their day-to-day work. Most organizations try to be everything to everybody,” explains Gary Cohen, managing partner at CO2.

How To 78

How To Long-term Performance Review Mission Statement 78

ExactHire - Leadership

MAY 5, 2021

And now, more than ever, everyone seems committed to dismantling discrimination. In 2015, McKinsey and Company found that companies with a diverse workforce performed 15 to 35 percent better than the national industry median. In both the 2015 and 2018 reports, McKinsey delivered bad news to companies with poor diversity.

Diversity 111

Diversity Compliance McKinsey Bottom-up 111

Persuasive Powerhouse

JANUARY 19, 2011

Mike Figliuolo is the Managing Director of thoughtLEADERS, LLC. He has been a tank platoon leader, a McKinsey consultant, a senior executive, and now runs thoughtLEADERS – a leadership development and training firm. January 19th, 2011 | Author: Mary Jo Asmus Today’s guest post is from Mike Figliuolo at The thoughtLEADERS Blog.

Training 257

Training Blog Greenleaf Maslow 257

Leading Blog

NOVEMBER 3, 2023

Between surging demand, labor shortages, outdated air traffic management, and travel reservation I.T. If you think the business processes in your own company are complex, try running an operation globally that moves 5 billion passengers every year in roughly 25,000 commercial aircraft, via 15,000 airports located in 195 countries.

Industry 267

Industry Stage-Gate Organization Company 267

Harvard Business Review

AUGUST 1, 2011

We're delighted to announce the finalists for the Management 2.0 The Colleague Letter of Understanding: Replacing Jobs with Commitments. Everyone Innovates Every Day — Collaborative Idea Management at Ericsson. Collaboration and Why Changing the Official Process Matter. Story by Paul Green. Story by Magnus Karlsson.

Management 14

Management Innovation Storytelling Bottom-up 14

Harvard Business Review

SEPTEMBER 15, 2011

Just two months ago, we announced the Management 2.0 Challenge , asking how could technology inform and enable management innovation. The Colleague Letter of Understanding: Replacing Jobs with Commitments. A hearty thanks to all of the entrants to the Management 2.0 Story by Paul Green.

Management 11

Management McKinsey Letter Retail 11

Harvard Business Review

MAY 15, 2015

New reports from McKinsey and PwC paint a very bleak picture of C-suite succession practices in today’s corporations. Both consultancies have useful advice to help fix the problem: McKinsey describes how to set up effective integration plans, while PwC describes best practices for CEO transitions.

Succession 8

Succession Human Capital McKinsey Committee 8

HR Digest

APRIL 4, 2024

Trying to change the work format can cause a lot of discomfort for employers and employees alike, which discourages companies from fully committing to the concept of experimentation. Participate in every stage of the execution process and if things don’t go smoothly, continue to understand the problem and consider your next step.

Innovation 52

Innovation Project McKinsey Learning-by-Doing 52

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). key start-ups, turnarounds, and line roles in key business units or markets)?"

McKinsey 12

McKinsey Mentor Diversity Report 12

HR Digest

DECEMBER 1, 2023

McKinsey reports that 90 percent of Fortune 500 companies have employee resource groups and most DEI (Diversity, Equity, Inclusion) strategies will tell you should be prioritizing them too. It is important to consider the company’s capacity before fully committing and supporting employee resource groups.

Resources 52

Resources Policies Participative Goal 52

Harvard Business Review

MAY 12, 2011

Develop efficient internal processes, integrate data, and empower employees so customers are satisfied every time they interact with you. The process of creating an advocate depends on the level of customer engagement that already exists. Build a solid and positive customer experience. But you don't have to stop there.

Brand 15

Brand McKinsey Loyalty Competitive Advantage 15

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

AUGUST 16, 2017

Many companies, big and small, are examining their own commitments to sustainability in light of America’s shift. Managing Climate Change: Lessons from the U.S. Global Managing Partner, McKinsey & Co. Managing Climate Change: Lessons from the U.S. Climate Change on HBR.org. by Forest L. by Andrew Winston.

Project 8

Project Henderson Supply Chain Short-term 8

Harvard Business Review

MARCH 29, 2011

Teach For America (TFA), founded in 1989 with the goal to eliminate educational inequity in the United States, has placed more than 24,000 high-achieving college graduates in some of America's neediest schools, building a cadre of young, committed, and enthusiastic classroom teachers.

Entrepreneur 14

Entrepreneur Education McKinsey Sample 14

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 This type of orientation can be incredibly valuable to cultivate for anyone working for multinationals or in other global careers, and can also be used by managers to develop employees. Photo by Christine Roy.

Succession 13

Succession Globalization Tacit Knowledge GDP 13

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

HR Digest

NOVEMBER 15, 2023

It is quite natural to struggle with decision-making, especially when holding senior management positions where decisions could affect the lives and futures of employees and the company alike. But to begin this process, we need clarity on what effective decision-making is and how you can define it for yourself.

Skills 40

Skills How To PR Long-term 40

Harvard Business Review

JULY 15, 2013

A recent McKinsey & Co. If they can get that value — or most of it — from contingency workers, outsourcing, automation, innovative processes or capital investment, why wouldn''t they? If [technically] tweaking a process or program empowers three people to do the work of five, then tweakonomics is the way to go.

Human Capital 8

Human Capital Real Estate Human Resources Disruptive Innovation 8

Harvard Business Review

DECEMBER 19, 2017

Research by McKinsey & Company and the McKinsey Global Institute shows that digitization is having the same radical impact. This recipe for digital profitability is the consequence of the potential of large demand network effects, as it is emphasized in the management literature of platforms.

Succession 8

Succession Industry McKinsey Business Model 8

HR Digest

NOVEMBER 9, 2023

Creating effective pay structures is a serious responsibility however many businesses still hold back from fully committing to the endeavor. Equitable workplace strategies for fair compensation not only reflect a healthy work culture , they also allow employees to commit better to their roles. percent of the U.S.

System 52

System How To Benchmarking Diversity 52

Harvard Business Review

OCTOBER 24, 2016

In a survey of nearly 3,000 executives about the success of their enterprise transformation efforts, McKinsey discovered the failure rate to be higher than 60%, while Harvard Business Review conducted a study that suggested more than 70% of transformation efforts fail. Such introspection is an active process.

Organization 8

Organization Self-aware Constraint Resistance 8

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.” Our leadership-development centers in Shanghai and Bengaluru (or Bangalore) are therefore very important for us to show our commitment to our talent. General Electric Global business Talent management'

Long-term 8

Long-term Globalization McKinsey Education 8

Harvard Business Review

SEPTEMBER 15, 2015

I heard this story during my onboarding process when I worked as a research consultant at Disney Imagineering a few years ago. In a recent field experiment conducted by Sean Martin of Boston College, over 600 newly hired employees at a large IT firm were presented with stories of organizational members as part of their onboarding process.

Influence 8

Influence Bottom-up McKinsey Hotels 8

Harvard Business Review

NOVEMBER 20, 2015

More than 190 member countries committed to “eliminate poverty in all its forms everywhere” by 2030, together with 16 other “big, hairy, audacious goals” — to use Jim Collins’ memorable phrase. A public commitment to such an effort creates an incentive to follow through.

Goal 8

Goal Supply Chain Development Globalization 8

Harvard Business Review

MARCH 24, 2014

The ability to mine the digital data consumers leave behind on the internet, social media, driving apps and even health-monitoring wearables could help carriers to better target customers, price and underwrite policies more accurately, and manage claims more effectively.

Insurance 8

Insurance Company Maturity Decentralization 8

Harvard Business Review

MAY 6, 2014

In a 10-year study conducted by McKinsey, top executives reported being five times more productive in flow. In fact, according to these same McKinsey researchers, if we could increase the time we spend in flow by 15-20%, overall workplace productivity would almost double. “The This drives the creative process.

Environment 9

Environment Chemicals McKinsey Creativity 9

Harvard Business Review

DECEMBER 13, 2011

The agendas may be inchoate and the uprisings chaotic, but the message is clear: the established way of leading, ruling, governing, and managing is not working anymore. But the real power in the process was recruiting people from all over the company to form a series of "exploration teams" to define key areas of focus. The effect?

COO 12

COO Learning-by-Doing Bureaucracy Strategy 12

Harvard Business Review

JULY 20, 2011

It has also become a laboratory for reinventing some of the most intractable operating practices of "modern" management. As Lavoie describes in his Management 2.0 This process allows for what Lavoie calls "quiet genius" to emerge. Challenge, the first round of the HBR/McKinsey Management prize. Register here.

Innovation 12

Innovation Webinar Proposal Hamel 12

Harvard Business Review

OCTOBER 21, 2016

These require sophisticated, sustainability-based management. ” Improving risk management. McKinsey reports that the value at stake from sustainability concerns can be as a high as 70% of earnings before interest, taxes, depreciation, and amortization. billion in mining projects since 2010. Fostering innovation.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

MARCH 8, 2013

The smartest minds in social innovation are increasingly committed to engaging with the private sector to make significant changes in areas like health, education, and poverty. Tackling pressing humanitarian issues creates a sense of urgency, and provides permission to shortcut traditional business processes. Driving efficiency.

Entrepreneur 8

Entrepreneur Porter Team Innovation 8