Harvard Business Review

JANUARY 11, 2016

Since then, as the composition of top executive teams has changed, responsibility for leading strategy development has been shared by more members of the C-suite. In our experience at McKinsey, creating this ideal partnership usually requires the CFO to become more directly and deeply involved in strategy development.

Strategy 8

Strategy CFO Finance Short-term 8

Harvard Business Review

SEPTEMBER 13, 2017

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. Such improvements could help cut the costs of traffic congestion ( about 1% of GDP globally ), road accidents ( 1.25

Transportation 9

Transportation Technology GDP Policies 9

Harvard Business Review

JANUARY 12, 2018

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. The reasons for this potential disruption now are many: There is an explosion in the amount of corporate data. ZB by 2020.

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

APRIL 14, 2017

Even the near-term outlook has been quite negative: A 2016 report by the Organization for Economic Cooperation and Development (OECD) said 9% of jobs in the 21 countries that make up its membership could be automated. And in January 2017, McKinsey’s research arm estimated AI-driven job losses at 5%. Insight Center. The Age of AI.

Company 11

Company Survey Finance Engineering 11

Harvard Business Review

AUGUST 30, 2018

Although cross-border data flows grew 45x between 2005 and 2014, according to a McKinsey analysis , events since 2014 have pushed the pendulum to swing away from unconstrained data globalization. These solutions lie at the intersection of technology development by companies and policy formulation by governments. In contrast, the U.S.

Supply Chain 8

Supply Chain Globalization GAAP Policies 8

Harvard Business Review

OCTOBER 31, 2014

Human-capital issues are top-of-mind for CEOs around the world — but their regard for the HR function remains perilously low: In a PwC study , only 34% said that HR is well prepared to capitalize on transformational trends (compared with 56% for finance). Examples include payroll, benefits, risk and compliance, and labor relations.

Human Capital 12

Human Capital Charan Human Resources Cost 12

Harvard Business Review

JULY 3, 2018

Chamber of Commerce supports companies in developing circular economies (CEs), and China — like Europe — has developed policies and legislation around CEs. Our first example, JLG Industries, is a globally recognized manufacturer of lift equipment used in construction and maintenance.

Policies 8

Policies Asset Management Cost Productivity 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. IBM research , for example, has consistently made breakthroughs in a number of fields long before their commercial value became clear.

Innovation 8

Innovation P&L ROI Long-term 8

Harvard Business Review

APRIL 1, 2016

Recent research from the McKinsey Global Institute (MGI) looked at the state of digitization in sectors across the U.S. Right behind it are media, finance, and professional services, all of which have far more sophisticated digital capabilities than the rest of the economy.

Industry 8

Industry Benchmarking Supply Chain Health Care 8

Harvard Business Review

AUGUST 21, 2012

On the contrary, they may become the most powerful tools yet developed to raise the productivity of high-skill knowledge workers — the kind of workers who help drive innovation and growth, and who are going to be in increasingly short supply. The total potential value at stake in these sectors is $900 billion to $1.3 trillion annually.

Media 15

Media Productivity Products Technology 15

Harvard Business Review

JANUARY 1, 2014

Rahul and Noelle both made the transition into public service through Fuse Corps—a social sector start-up launched in 2011 with the support of companies like McKinsey, GE, and Starbucks to provide a pathway for talented professionals who wish to contribute to the public sector but don’t know where to begin. Just think about the U.S.

Entrepreneur 8

Entrepreneur Politics Budgeting Policies 8

Harvard Business Review

MARCH 7, 2012

private-sector research and development. competitiveness, for example, and the 2010 study of U.S. multinationals by the McKinsey Global Institute. Foreign expansion can fuel employment growth at home in areas like manufacturing, logistics, R&D, design, marketing, finance, and management. In 2009, they accounted for 24.4%

Globalization 9

Globalization Rivkin Supply Chain Trends 9

Harvard Business Review

MAY 11, 2016

The result, at least in developed nations, is a highly unequal corporate landscape, where some firms are incredibly productive and the amount of money a person makes is tied to the company they work for, not just the job that they do. For an extreme example, take Chobani. Where You Work Increasingly Predicts Your Pay.

McKinsey 8

McKinsey Document Engineering Outsourcing 8

Harvard Business Review

FEBRUARY 7, 2017

New research, led by a team from McKinsey Global Institute in cooperation with FCLT Global , found that companies that operate with a true long-term mindset have consistently outperformed their industry peers since 2001 across almost every financial measure that matters. It started with developing a proprietary Corporate Horizon Index.

Long-term 8

Long-term EPS Short-term Management 8

Harvard Business Review

JANUARY 17, 2013

Social entrepreneurs are stultified by traditional forms of financing. People are developing new securities that link social performance to financial returns. There are even organizations like Endeavor and Social Finance that help entrepreneurs gain access to global capital markets to fuel growth in employment and social impact.

Venture Capitalist 10

Venture Capitalist Entrepreneur Bond Finance 10

Strategy Driven

OCTOBER 25, 2019

Agility is defined by McKinsey & Company as “… the ability of an organization to renew itself, adapt, change quickly, and thrive in an environment characterized by rapid change, ambiguity, and turbulence.” Take inventory management, for example. 4 They Focus More on Developing Leadership Than Managing Staff.

Agility 50

Agility Process Management McKinsey 50

Harvard Business Review

OCTOBER 27, 2015

Of these, only three, Switzerland, Ireland, and Estonia, made it to a commendable “Stand Out” category – which means that their high levels of digital development are attractive to global businesses and investors and that their digital ecosystems are positioned to nurture start ups and internet businesses that can compete globally.

Crisis 8

Crisis McKinsey Policies Globalization 8