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. HRM principles indicate that defining the company’s ethics and values can make maintaining a harmonious workplace that much easier.

Schein 98

Schein Industry Long-term Automotive 98

HR Digest

OCTOBER 1, 2020

A recent McKinsey study estimated that as many as half of current jobs could be automated, and predicted 400 million jobs worldwide will be automated into nothingness by 2030. A truly Big Brother Orwellian future is predicted with higher automation in companies. What workplace automation means for workers?

McKinsey 59

McKinsey Class Short-term Human Resources 59

HR Digest

NOVEMBER 4, 2023

Rather than over-expending resources on attracting talent, employers should take a serious look at ways to retain employees already at the company. Without hitting full productivity, employees often move on to the next opportunity, leaving companies to restart the hiring and onboarding process.

Process 59

Process Attrition Trends Training 59

Strategy Driven

MARCH 15, 2019

Companies have to be consistent in their behaviour, from top to bottom, and right along the supply chain, from the ‘first hand of production to the final hand of the consumer’. The report went on to note “society is demanding that companies, both public and private, serve a social purpose”. And this genuinely has to go all the way.

Supply Chain 75

Supply Chain Brand Advertising PR 75

First Friday Book Synopsis

APRIL 5, 2011

Here are brief excerpts from two articles featured by McKinsey & Company. I suggest you read them in the order in which they appear here, then click where indicated to read each in its entirety. I presume to suggest, further, that you register to receive email updates on other resources that are also available at [.].

Crisis 80

Crisis McKinsey Resources Article 80

Chartered Management Institute

DECEMBER 2, 2013

Companies that just leave these matters for the IT department are most likely doomed. At the C-suite, businesses need not only a data analytics strategy, but a data-analytics culture, researchers from McKinsey have concluded. And of course there are ethical and legal considerations to consider with trading data.

Leadership Styles 83

Leadership Styles Human Capital Ethics McKinsey 83

ExactHire - Leadership

JUNE 3, 2022

When companies hire fresh graduates, they’re more likely to attain their diversity goals. According to McKinsey , companies succeeding at diversity are 35 percent more likely to enjoy profit margins above the median for their industry. Reach your diversity goals. A diverse workforce is good for your business.

Company 52

Company Diversity Career Quality 52

The Horizons Tracker

OCTOBER 30, 2019

Indeed, the French president Charles de Gaulle famously visited the sprawling research parks of companies such as Hewlett-Packard and Applied Technologies back in the 1960s. Consulting giant McKinsey recently argued that the talk about Asian economic hegemony has been largely underestimated.

Marketing 40

Marketing McKinsey Innovation GDP 40

Marshall Goldsmith

FEBRUARY 8, 2018

Tammy Erickson – McKinsey award-winning author. US News and World Report #1 Best Hospital in the United States – Fortune ‘100 Best Companies to Work For,’ 14 consecutive years. Liz Smith – Chairman and CEO, Bloomin’ Brands (Outback, Flemings, Carrabba’s, Bonefish Grill) – one of the world’s largest casual dining companies.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Harvard Business Review

MARCH 24, 2011

What makes the matter fascinating to industry watchers, approximately their equivalent of the Charlie Sheen supernova, is that Gupta served three terms as managing director of McKinsey & Co., There has been no suggestion that Gupta betrayed any client confidences in his McKinsey days. from 1994 to 2003. These are not criminal charges.

McKinsey 14

McKinsey Consultative Waterman Intellectual Capital 14

Harvard Business Review

JANUARY 12, 2018

If AI-guided investing can work for a person, can it also work for a company? Marketing and sales, manufacturing, recruiting (including people assessment), customer service, and support are all fields that can benefit from artificial intelligence according to McKinsey’s recent research. Companies are both operators and investors.

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

JANUARY 12, 2017

I first encountered the term last year, in an intriguing interview with a CEO named Victor Ho, cofounder of a customer loyalty company that has raised more than $100 million in venture funding. He also talked about his stint at McKinsey & Company, the blue-chip consulting firm, and one subversive takeaway.

Schein 8

Schein McKinsey Venture Funding Customer Loyalty 8

Harvard Business Review

SEPTEMBER 28, 2012

Acutely aware of the competitive edges timely data offers sophisticated investors, the company's ever-entrepreneurial cofounder once proposed that Google launch a hedge fund. After all, what company on earth enjoyed greater access to more insights more quickly from more people searching for more information?

Hedge 15

Hedge Core Competence CFO ROI 15

Harvard Business Review

NOVEMBER 26, 2013

Young people were extremely eager to work for multinationals, to be associated with famous brand names, and to learn from the best companies in the world. The work ethic of Chinese employees is still fierce. The days when Goldman Sachs and McKinsey threw piles of money at overseas-educated returnees are long gone.

Globalization 8

Globalization Operations McKinsey Mentor 8

Harvard Business Review

FEBRUARY 17, 2015

Yet when it comes to one of the most important “teams” a company has — its board of directors — the United States seems to have hit a ceiling of about 16% women , with little by way of national efforts by government or business to increase that number. In part this is due to a common bias groups have.

Osgood 8

Osgood ROE Diversity Bond 8

Harvard Business Review

DECEMBER 31, 2015

“Because you’re from McKinsey and I want to work there,” he replied. We launched the Mindfulness in Business Initiative (MiB) precisely in order to help students like these leverage their desire for success toward saner, more sustainable, and ethical workplace practices through mindfulness. The audience laughed.

Emotional Intelligence 8

Emotional Intelligence Self-aware Audience McKinsey 8

Harvard Business Review

MARCH 8, 2013

As Steve Davis, former lead in McKinsey's Social Innovation practice and president of the global health NGO, Path, has said: "The best social innovations are not necessarily widely adopted. The Shell Foundation provided HPS with market-based expertise and funding to help the company validate and scale its model.

Entrepreneur 8

Entrepreneur Porter Team Innovation 8

Harvard Business Review

JANUARY 11, 2017

One of the conundrums of ethical decision making is that many moral decisions that are quite straightforward — even easy — to resolve in a classroom or during training exercises seem far more difficult to successfully resolve when confronted during actual day-to-day decision making. You and Your Team Series.

Ethics 8

Ethics Training Biotechnology Morale 8

Harvard Business Review

FEBRUARY 27, 2012

That's why the MIX is eager to announce the third leg of the Harvard Business Review/McKinsey M-Prize for Innovation — the Long-Term Capitalism Challenge. Capitalism degenerates into narrow self-interest without a strong ethical foundation. How do we measure the ethical or moral climate of a company, and what is the dashboard?

Short-term 15

Short-term Long-term Ethics Incentives 15

Harvard Business Review

OCTOBER 16, 2018

Contrary to popular belief, there are universal traits that predict whether individuals will be part of an organization’s vital few, such as their higher levels of intelligence, work ethic, and social skills. In other words, people who are smart, nice, and hard-working tend to outperform their peers.

Motivation 8

Motivation Human Capital ROI McKinsey 8

Harvard Business Review

JULY 20, 2016

Japan’s educational institutions and cultural work ethic give its managers a jump-start in their careers, but most companies don’t continue the development process as far as it could go. Japanese professionals had higher potential than the global average but lower competence.

Drotter 8

Drotter Charan Leadership Pipeline Short-term 8

Harvard Business Review

MARCH 31, 2011

Too many companies lack the scope of understanding to stop problems before they start, because their people are too focused on immediate tasks, or buried under so much data that they can't see warning signs. Philosophers can help you with ethics. Historians can help you understand the past while giving you a picture of the future.

Innovation 19

Innovation Creativity McKinsey CEO 19

Harvard Business Review

JULY 16, 2012

And 26% said they'd seen malfeasance in action in their own companies. A full 30% also said the structure of their compensation plans encouraged law-breaking or ethics violations. Leadership Advice from Six Major CEOs and One President (McKinsey). 50 SHADES OF I-WANT-IT-TODAY. BONUS BITS: Longreads. Ezra Klein's Wonkblog).

P&L 8

P&L McKinsey Comparison Price 8

Harvard Business Review

MAY 17, 2011

Last week, the big story was the conviction of Raj Rajaratnam on 14 counts of insider trading, a greed-driven scheme that will lead to obliterated reputations, long prison terms, or both, for senior leaders at IBM, McKinsey, and other blue-chip institutions. It's amazing to me how relevant these insights are to what's happening today.

Real Estate 16

Real Estate McKinsey Long-term Reputation 16

Harvard Business Review

JANUARY 8, 2014

There were companies with losses larger than their sales, and one month the number of new cars sold in the country was lower than the number of cars stolen! More important, he would never, ever, hire anyone who was not dying to work in a highly professional, ethical, collaborative firm.

Emotional Intelligence 9

Emotional Intelligence GDP McKinsey Airlines 9

Harvard Business Review

MARCH 23, 2015

Great founders start businesses not to create a company but to solve a problem, to serve a calling, and to understand that they have a purpose that can actually make a meaningful difference. A great mentor of mine, Tsun-yan Hsieh, was one of the foremost leaders at McKinsey. We can argue over which drives the other.

Company 8

Company Self-aware Long-term Mission Statement 8