HR Digest

NOVEMBER 9, 2023

percent of senior managerial and directorial roles , according to McKinsey. Then develop protocols for making adjustments to address identified pay disparities. Criteria for Progression : Outline the factors, such as skills development, experience, or performance metrics, that contribute to an employee moving within the salary band.

System 52

System How To Benchmarking Diversity 52

Marshall Goldsmith

FEBRUARY 8, 2018

Tammy Erickson – McKinsey award-winning author. 14th Administrator, United States Agency for International Development. a holding company that operates seven distinct business. Rod MacKenzie – Executive Vice President, Chief Development Officer for Pfizer, member of Pfizer’s Executive Leadership Team.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Harvard Business Review

JUNE 2, 2017

In this new commodity landscape, incumbents and attackers will race to develop viable business models, and not everyone will win. Technology is enabling people to use energy more efficiently in their homes, offices, and factories. Of course, a low-growth environment creates plenty of challenges for energy producers.

Technology 8

Technology Resources Industry Energy 8

Harvard Business Review

JUNE 16, 2015

The issues in each of these buckets require new leadership, or at least a rethinking of it in the highest ranks of companies, and deep operational changes. We’re starting to recognize that this relatively new situation has important ramifications for how businesses operate, and we’re making some progress. Insight Center.

Constraint 8

Constraint Supply Chain Resources Operations 8

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. Another pervasive reason is that senior executives are trained as operators, not innovators. That’s quite a mismatch.

Innovation 8

Innovation P&L ROI Long-term 8

Harvard Business Review

JANUARY 5, 2018

USC’s John Boudreau, CEO adviser Ram Charan, and consultants at Bain & Company , McKinsey, and Korn Ferry have made similar arguments. But over and over again in our three decades of experience as talent development and retention specialists, we’ve seen that companies consistently overlook half of them.

McKinsey 8

McKinsey Human Resources Reputation Brand 8

Harvard Business Review

JUNE 9, 2011

Arguably one of humanity's most important inventions, "modern" management was developed more than a century ago to maximize standardization, specialization, hierarchy, control, and shareholder interests. You have to be a relentless contrarian to peel away the operating assumptions and built-in beliefs that surround us like wallpaper.

Hamel 15

Hamel Company McKinsey Innovation 15

Harvard Business Review

NOVEMBER 12, 2018

The UN, for example, has outlined 17 broad Sustainable Development Goals for 2030. The goals include eliminating poverty, offering affordable and clean energy, achieving gender equality, protecting ecosystems, increasing responsible consumption and production, and much more. Progress is measured with 169 targets.

Execution 8

Execution Incentives How To Committee 8

Harvard Business Review

SEPTEMBER 11, 2017

companies can’t fill their open positions, according to a McKinsey Global Institute study that found that analytical, engineering, and management roles are the hardest to fill. Adaptable Processes Identify and modify key business processes, policies, and procedures to align with the new ways of operating.

Content 8

Content Katz Forrester Budgeting 8

Harvard Business Review

DECEMBER 4, 2018

Likewise, where mechanical engineers once predominated, the original equipment manufacturers (OEMs) are increasingly looking for software engineers, energy management experts, and data scientists able to build electric and self-driving vehicles. Similar patterns of cutting and hiring are visible in last week’s announcement.

Industry 8

Industry Technology Engineering Automotive 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

FEBRUARY 8, 2013

The McKinsey Global Institute reports that price volatility has hit a high , second only to the energy crisis of the 1970s. And I believe developing more resource-efficient business models will be the largest single financial opportunity of the twenty-first century. Some businesses are already adapting.

Resources 8

Resources McKinsey Globalization Industry 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. They will not, it must be noted, alter how the role of manufacturing evolves as economies develop.

Globalization 8

Globalization Supply Chain Pharmaceuticals 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. This framework has the potential to reverse the typical role of CSR, currently viewed as a way to "give back" to communities that a business operates in.

Entrepreneur 8

Entrepreneur Porter Team Innovation 8

Harvard Business Review

OCTOBER 21, 2016

This can disrupt a firm’s ability to operate on schedule and budget. 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. ” Improving risk management.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

JANUARY 25, 2012

The data-driven have crafted the best strategies, uncovered wholly new markets, and kept operational costs low. Indeed, we think every organization must develop and execute an aggressive plan to put data to work. The McKinsey report on Big Data suggests the U.S. Start by gathering a critical mass of these managers.

Organization 15

Organization Telecommunications McKinsey Price 15

Harvard Business Review

NOVEMBER 4, 2013

McKinsey analysis finds that companies acting on journey insights have seen a 15-20% reduction in repeat service visits, a 10-20% boost in cross-selling, and a drop of 10-25 basis points in churn. Analyzing those complex patterns allowed the bank to develop an early warning system that flagged high-risk customers.

Call Center 8

Call Center Banking Analysis Knowledge Management 8

Harvard Business Review

FEBRUARY 12, 2016

Thanks to the proliferation of smartphones, brand and online-shopping websites, social media, and vehicle connectivity, businesses have a unique opportunity to use technology to revolutionize the customer experience and to incorporate the voice of the customer into product development. But where and how do you start? Keep it simple.

Media 8

Media Automotive Globalization Active Listening 8

Harvard Business Review

SEPTEMBER 15, 2011

But the most important and universal lesson is that everyone has a vital contribution to make — and that the ideas they produce, the energy and initiative they bring to the table, and the passion they share have nothing to do with the position they occupy. That may seem obvious in the age of the crowd, but it's far from operational.

Management 11

Management McKinsey Letter Retail 11

Harvard Business Review

JANUARY 12, 2015

The good news: They’re responding “with pragmatism, energy, and ambition.” In the case of South Bend, that means Mayor Pete Buttigieg , a former Rhodes scholar and McKinsey consultant, who has been known to challenge city workers to tackle problems so thorny that they can only be solved with new kinds of thinking.

Drucker 8

Drucker Katz Innovation Learning-by-Doing 8

Harvard Business Review

JUNE 18, 2013

The most popular view, supported by the likes of The New York Times , the African Development Bank, and the World Bank — all powerful influencers of how the world thinks about Africa — puts the number of AMACs at more than 300 million. Between these extremes is a multitude of other estimates.

Class 8

Class Globalization Banking Education 8

Harvard Business Review

SEPTEMBER 4, 2014

I earned my MBA from Stanford’s Graduate School of Business in 2000, and since 2007 I’ve been an Instructor and an internal coach back at the GSB, helping hundreds of students develop their leadership and interpersonal skills. And what alternative means are available to me to develop these practical skills?

Supply Chain 15

Supply Chain Reputation Education Learning-by-Doing 15

Harvard Business Review

JUNE 16, 2011

One of the driving principles of the Harvard Business Review/McKinsey M-Prize for Management Innovation is that everyone wins when everyone shares. David Roth and his teammates were frustrated by the endemic prioritization of short-term priorities at the expense of exploring, developing, and investing in new ideas. Define the dogma.

Management 12

Management Short-term How To Strategic Planning 12

Harvard Business Review

DECEMBER 18, 2012

Many countries also committed serious funds to build a clean economy: Saudi Arabia pledged $109 billion for solar , Japan declared that a $628 billion green energy industry would be central to its 2020 strategy, and China targeted $372 billion to cut energy use and pollution. It wasn't just energy. In the U.S., Company Stories.

Supply Chain 8

Supply Chain Constraint P&L Energy 8