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How to Ensure Your Organization’s Digital Transformation Succeeds

Leading Blog

To illustrate the potential impacts, in 2007, Nokia had a little over half the mobile phone market with an operating profit of about $7.8 These transformations typically involve a profound change in how a business operates, encompassing people, process, and technology. This raises some pertinent questions.

How To 263
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Learning & Development’s Role in Operational Efficiencies in 2022

HR Digest

According to Mckinsey & Company , “Leaders have an essential role to play in developing solutions to tackle these challenges.” Our research finds that 32% of organizations are replacing full-time employees with contingent workers as a cost-saving measure,” writes Brian Kropp, distinguished vice president at Gartner.

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First Look: Leadership Books for June 2023

Leading Blog

The answer is in rewiring your business so hundreds, thousands, of teams can harness technology to continuously create great customer experiences, lower unit costs, and generate value. There are no quick fixes but there is a playbook. It’s the capabilities of the organization that win the race.

Books 309
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AI for Execs: Navigating the Future of Business.

Rich Gee Group

A report by McKinsey Global Institute estimates that AI could add $13 trillion to the global economy by 2030. Analyze which areas of your operations could benefit the most from AI integration. They can also help you understand the cost-benefit ratio of various AI applications tailored to your business needs.

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Executive Onboarding: How to Set Up Your New Execs for Success

N2Growth Blog

The financial costs of executive turnover are high (about 100 to 300% of the employee’s total salary), and the cultural and organizational effects can be significant. But without proper onboarding, these executives are far less likely to excel in their roles, resulting in high and costly turnover.

Execution 382
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Are You Squandering Money on Acquiring Rather than Retaining Customers?

The Practical Leader

Just how much does satisfying today’s customer reduce the cost of acquiring tomorrow’s? We assume that happy customers reduce ongoing service costs and lower sales/marketing costs through referrals, viral word of mouth, positive ratings, and raving social media fans.

McKinsey 124
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The Returns Companies Are Getting From AI Investments

The Horizons Tracker

Many AI-related projects were stuck in a research or pilot phase and were subsequently making little real impact on the operations of the business. For all the hype surrounding technologies such as AI, for most of the last few years, there has been precious little return on the investments companies were making.

Company 116