Harvard Business Review

APRIL 18, 2017

There were several early issues, ranging from regulatory compliance to security. Recent research from McKinsey Global Institute found that 45% of work activities could potentially be automated by today’s technologies, and 80% of that is enabled by machine learning. In the mid-2000s, the buzz was about cloud computing.

Insurance 10

Insurance Video Long-term Project 10

Harvard Business Review

FEBRUARY 14, 2017

For the last two years we have been implementing Generation, a youth employment program that is part of the McKinsey Social Initiative. And because reporting requirements vary from place to place, practitioners spend an inordinate amount of time fulfilling compliance obligations that may be pointless.

Metrics 11

Metrics TCO Training Cost-Benefit Analysis 11

Harvard Business Review

SEPTEMBER 18, 2012

A McKinsey study released in May 2011 stated that, by using Big Data to the fullest, retailers stood to increase their operating margins by up to 60% — this, in an industry where net profit margins are often less than 2%. Retail has entered the era of Big Data.

Retail 15

Retail Brand Marketing Industry 15

Harvard Business Review

APRIL 14, 2017

And in January 2017, McKinsey’s research arm estimated AI-driven job losses at 5%. For example, only 2% are using artificial intelligence to monitor internal legal compliance, and only 3% to detect procurement fraud (e.g., In stark contrast, very few of the companies we surveyed were using AI to eliminate jobs altogether.

Company 12

Company Survey Finance Engineering 12

Harvard Business Review

FEBRUARY 10, 2017

According to one McKinsey study , the success rate for organizational redesign efforts is less than 25%. On the other hand, necessary work — tasks that you have to do on par with anyone else, or in compliance with regulatory requirements — should be organized for maximum efficiency.

Competitive Advantage 8

Competitive Advantage Supply Chain Bureaucracy McKinsey 8

Harvard Business Review

JULY 29, 2014

Delivering HR-related operational, compliance, and administrative tasks with distinction is important, but let’s be clear that doing so is table stakes. Today, we live in an era where 85 percent of value creation stems from brand, intellectual property, and people — all intangible assets. Bring on the quants.

CFO 11

CFO Charan Intangible Assets Human Resources 11

Harvard Business Review

MAY 9, 2012

Too often they focus more on checking the boxes and ensuring that they have met their (not inconsiderable) compliance obligations. In fact, much evidence suggests that the market often gets it very wrong in the short term — with the most telling example being the 2008 financial crash itself.

Marketing 11

Marketing Power Short-term Long-term 11

Harvard Business Review

JANUARY 27, 2017

McKinsey, Bain, and BCG are the management models here. Audit software and human monitors were soon installed to assure compliance. The bad news: Petabytes of new data and algorithmic innovation assure that “autonomy creep” will relentlessly challenge human oversight from within. The Autonomous/Autonomy Advisor.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

NOVEMBER 8, 2018

In a McKinsey survey , Learning & Development officers report that while classroom training, experiential learning, and on-the-job application of skills are now in regular use as learning mechanisms, less than half of organizations have instituted any kind of formal peer-to-peer learning.

How To 13

How To Participative Construction Learning-by-Doing 13

Harvard Business Review

MAY 3, 2016

A McKinsey report estimated that reducing churn could increase earnings of a typical US wireless carrier by as much as 9.9 Gupta says the method could be applied in nonprofit areas to predict, for example, patient compliance to a medical treatment. Lost customers lead to untapped dollars.

Education 8

Education Execution Wireless Content 8

Harvard Business Review

JANUARY 18, 2011

In her upcoming book, RIPE: Rich, Rewarding Work After 50 , Julia Moulden cites a McKinsey Global Institute survey that shows that "Boomers want to continue working — as much as 85% say 'likely' and 40% say 'extremely likely.'" I have wisdom I did not at 30 or 40 and I value every ounce of it. And so do the clients that work with me.

McKinsey 16

McKinsey Cost Compliance Maturity 16

Leading Blog

DECEMBER 7, 2022

Most organizations, teams, schools, and families today still operate from a model of “command and control,” focusing on hierarchies and compliance from people. Covey (Simon & Schuster, 2022) We have a leadership crisis today, where even though our world has changed drastically, our leadership style has not.

Books 368

Books Leadership P&L Blog 368