Eric Jacobson

JANUARY 18, 2023

Have they redirected time, energy, talent, and finances away from lower priority pursuits towards taking these actions? Have they involved a group of people in shaping the vision and therefore are emotionally invested in wanting to help make it a reality? Are they taking actions that are unquestionably big “needle movers”?

CEO 65

CEO Banking Learning-by-Doing McKinsey 65

Eric Jacobson

DECEMBER 31, 2022

Have they redirected time, energy, talent, and finances away from lower priority pursuits towards taking these actions? Have they involved a group of people in shaping the vision and therefore are emotionally invested in wanting to help make it a reality? Are they taking actions that are unquestionably big “needle movers”?

CEO 65

CEO Banking Learning-by-Doing McKinsey 65

HR Digest

NOVEMBER 4, 2023

According to Gallup , replacing an employee can cost between one-half to two times their annual salary. Essentially, a 100-person organization with a $50,000 average salary could see replacement costs of over $660,000 to $2.6 There are many reasons why employers and their HR professionals should prioritize employee retention.

Process 59

Process Attrition Trends Training 59

Chartered Management Institute

DECEMBER 2, 2013

At the C-suite, businesses need not only a data analytics strategy, but a data-analytics culture, researchers from McKinsey have concluded. Seattle has partnered with Microsoft and Accenture to optimise energy use – featured in this report on big data use by different cities. One example is the capability to slash energy use.

Leadership Styles 83

Leadership Styles Human Capital Ethics McKinsey 83

The Horizons Tracker

OCTOBER 30, 2019

Consulting giant McKinsey recently argued that the talk about Asian economic hegemony has been largely underestimated. The concern across the EU has only risen as China has appeared to have considerably more success. Digital dominance.

Marketing 45

Marketing McKinsey Innovation GDP 45

Harvard Business Review

NOVEMBER 12, 2018

The goals include eliminating poverty, offering affordable and clean energy, achieving gender equality, protecting ecosystems, increasing responsible consumption and production, and much more. If executives hit sustainability targets at unacceptable cost, safeguards are needed to make payouts contingent on meeting core financials.

Execution 10

Execution Incentives How To Committee 10

Harvard Business Review

SEPTEMBER 13, 2017

Such improvements could help cut the costs of traffic congestion ( about 1% of GDP globally ), road accidents ( 1.25 McKinsey and Bloomberg New Energy Finance have estimated that in 50 metropolitan areas worldwide, a rapid transition to advanced mobility systems could yield $600 billion in societal benefits through 2030.

Transportation 10

Transportation Technology GDP Policies 10

Harvard Business Review

AUGUST 16, 2017

The urgent challenge now is to drive the majority of businesses to take measures that will save energy and reduce greenhouse-gas emissions. Global Managing Partner, McKinsey & Co. Firms as diverse as Walmart and KKR are finding that reducing energy use and embracing renewable energy can be immediately profitable.

Project 8

Project Henderson Supply Chain Short-term 8

Harvard Business Review

AUGUST 25, 2014

These women also believed the on-paper “rules” about who the job was for, but for them, the cost of applying was the risk of failure – rather than the wasted time and energy. For instance, a McKinsey report found that men are often hired or promoted based on their potential , women for their experience and track record.

Guidelines 18

Guidelines Follow-up Report McKinsey 18

Harvard Business Review

MARCH 4, 2013

companies will be at a disadvantage if we tax carbon or invest in clean energy because "China's not doing anything.". And it's just the latest in a series of Chinese commitments, which include the following: July 2010: 5 trillion yuan , or $800 billion, alternative energy plan over 10 years (this is like the part of the U.S.

GDP 8

GDP Energy McKinsey Transportation 8

Harvard Business Review

JUNE 26, 2013

What the White House called "doubling down on" clean energy. Improving energy efficiency standards for things like appliances and federal buildings, a worthy follow up to the aggressive auto fuel efficiency standards passed last year. Carbon-based energy will be more expensive and clean energy will be cheaper.

Payback Period 8

Payback Period Energy Politics Efficiency 8

Harvard Business Review

JANUARY 31, 2013

First we see major shifts in demand: developing economies such as China and India are morphing from the world's source of low-cost manufacturing capacity to the world's best market opportunities. McKinsey has identified more than 20 distinct submarkets in China, for example. Innovations Are Changing The Way We Design Products.

Globalization 9

Globalization Supply Chain Pharmaceuticals McKinsey 9

Harvard Business Review

FEBRUARY 2, 2015

The factory floor at Pittsburgh’s Aquion Energy doesn’t look much like the steel mills that once populated this Rust Belt city. This is the kind of technology—and the type of firm—that will make renewable energy more efficient and more cost-effective. Applying this standard, we identified 50 U.S.

Industry 8

Industry McKinsey Engineering Innovation 8

Harvard Business Review

JANUARY 25, 2013

The whole circular concept sounds daunting — there's quite a bit involved with an approach like that: reverse logistics, cost incursions, consumer awareness. So we went to McKinsey in 2010 to ask them to help us and write a report , focused on the European Union, that answered three questions. How do you begin to address those?

Company 10

Company Apparel Engineering Welch 10

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. For any business to succeed over the long term, it must earn a return that exceeds its cost of capital. That’s quite a mismatch.

Innovation 8

Innovation P&L ROI Long-term 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. These kits combine low-cost diagnostics with user-friendly instructions and mobile support services.

Entrepreneur 8

Entrepreneur Porter Team Innovation 8

Harvard Business Review

JULY 19, 2018

He points to a recent McKinsey study that pegs the potential economic value of cognitive tools at between $3.5 So if you are merely looking to use cognitive technologies to replace human labor and cut costs, you are most probably on the wrong track. trillion and $5.8 trillion as just one indication of the possible impact.

Project 9

Project How To Technology ROI 9

Harvard Business Review

JANUARY 25, 2012

The data-driven have crafted the best strategies, uncovered wholly new markets, and kept operational costs low. Ignoring these is a bit like putting enough energy into a leap to get halfway across a stream; it takes time and money but leads to an unhappy result. The McKinsey report on Big Data suggests the U.S. Invest in people.

Organization 15

Organization Telecommunications McKinsey Price 15

Harvard Business Review

OCTOBER 21, 2016

Yet executives are often reluctant to place sustainability core to their company’s business strategy in the mistaken belief that the costs outweigh the benefits. 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.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

SEPTEMBER 11, 2018

In those supportive company cultures, returning women reported a renewed energy and focus for their work, a feeling of being valued, and an enhancement of professional relationships. Most of the changes we propose can be implemented without significant cost. Takeaways for Organizations.

Career 13

Career Company Pharmaceuticals Long-term 13

Harvard Business Review

MARCH 1, 2016

McKinsey & Co. But remember, every hour spent developing an opportunity that’s outside your sweet spot is a non-strategic use of time, energy, and resources. research on B2B purchases indicates that 25% of the buying decision depends on the interaction with the sales professional. It’s a balancing act.

Strategy 8

Strategy Execution How To CRM 8

Harvard Business Review

FEBRUARY 18, 2015

Young Africans are unleashing entrepreneurial energies as governments continue to enact reforms that improve business environments. According to McKinsey, youth unemployment in Africa’s largest economy, Nigeria, is around 50%. The same applies to affordable housing, energy, and water.

Innovation 8

Innovation Engineering Entrepreneur Banking 8

Harvard Business Review

SEPTEMBER 4, 2014

But they’re also increasingly available through other venues that individuals can access on their own at a much lower cost. To be sure, my students devote a substantial amount of time and energy to elaborate social activities, and I often find myself amused at the lengths to which they go to entertain themselves.

Supply Chain 19

Supply Chain Reputation Education Learning-by-Doing 19

Harvard Business Review

FEBRUARY 12, 2016

social media users actively seek customer service through social media, according to Nielsen and McKinsey Incite , we’ve made getting globally aligned one of GM’s priorities. Because of the exponential growth of social media in recent years, and the fact nearly half of U.S. Be active listeners.

Media 8

Media Automotive Globalization Active Listening 8

Harvard Business Review

SEPTEMBER 27, 2018

It costs us an extra £30k per person, but it’s worth every penny.” This list included 3M, Apple, the BBC, BMW, Cirque du Soleil, Dyson, GE, Google, Hamlins, HSBC, Jaguar Land Rover, Johnson & Johnson, M&C Saatchi, McKinsey, Microsoft, Morgan Stanley, Procter & Gamble, Rolls-Royce Engines, Unilever, Virgin and WPP.

Organization 12

Organization Learning-by-Doing Open-book McKinsey 12

HR Digest

NOVEMBER 9, 2023

percent of senior managerial and directorial roles , according to McKinsey. Factor in geographical variations when analyzing market data as salaries can differ significantly based on regional cost of living and labor market conditions. percent of the U.S. population according to Gallup , but hold only 1.2

System 52

System How To Benchmarking Diversity 52

Harvard Business Review

JUNE 2, 2017

Technology is enabling people to use energy more efficiently in their homes, offices, and factories. 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.

Technology 8

Technology Resources Industry Energy 8

Harvard Business Review

MARCH 21, 2012

But there our story deviates from the norm because our turnaround wasn't based on cost control, financial leverage, or manufacturing efficiencies. 1] McKinsey & Co., Resource Revolution: Meeting the world's energy, materials, food, and water needs, November 2011. We did that. There are plenty of opportunities like this.

Strategy 11

Strategy McKinsey Chemicals Armstrong 11

Harvard Business Review

OCTOBER 3, 2016

Gallup and Healthways define “thriving” physical well-being as consistently having good health and enough energy to get things done each day.). For answers, we turned to McKinsey Social Initiative’s Generation , a youth employment program that is active in five countries spanning various income levels: the U.S.,

Education 9

Education McKinsey Analysis Reference 9

Harvard Business Review

FEBRUARY 8, 2013

The McKinsey Global Institute reports that price volatility has hit a high , second only to the energy crisis of the 1970s. The cost of many staple resources, including oil, steel, and food, are rapidly escalating. But recycling — melting down products and making new ones — is energy intensive.

Resources 8

Resources McKinsey Globalization Industry 8

Harvard Business Review

NOVEMBER 13, 2012

To answer these tough questions, we can turn to two of the world's best number crunchers, McKinsey and PwC (full disclosure: I have a consulting partnership arrangement with PwC US). 372 billion : China's budget for energy conservation and anti-pollution measures over the next few years. How fast do we have to change?

McKinsey 8

McKinsey GDP Cost-Benefit Analysis Constraint 8

Harvard Business Review

DECEMBER 18, 2012

Mega weather took many lives and cost over $120 billion in the U.S. Individual companies are feeling the bite: analysts at Morningstar estimate that input costs at Tyson Foods will rise by $700 million — more than its 2012 net income. It wasn't just energy. alone ( $50 billion for the drought , $71 billion for Sandy ).

Supply Chain 10

Supply Chain Constraint P&L Energy 10