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

Media 15

Media Productivity Products Technology 15

Leading Blog

NOVEMBER 3, 2023

Even worse, functional processes — finance, human resources, sales, etc. system to delivering the product via logistics operations, to collecting the cash from customers. logistics, and finance. finance, I.T., They result in information hoarding and lack of communication. This issue can become a major performance barrier.

Industry 267

Industry Stage-Gate Organization Company 267

Harvard Business Review

NOVEMBER 20, 2015

According to estimates from McKinsey, consumers in these markets could be worth $30 trillion by 2025 — a significant step up from the 2010 value of $12 trillion. For most governments, financing the global goals campaigns will be a stretch; governments have already reneged in the past on commitments for similar targets.

Goal 8

Goal Supply Chain Development Globalization 8

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

JULY 3, 2018

With the EU’s passage of the Circular Economy Package in April, many European companies are now facing mandates to reuse the products they create for as long as possible. Chamber of Commerce supports companies in developing circular economies (CEs), and China — like Europe — has developed policies and legislation around CEs.

Policies 8

Policies Asset Management Cost Productivity 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%. bribes and kickbacks).

Company 11

Company Survey Finance Engineering 11

Harvard Business Review

JULY 29, 2014

Put the most strategic pieces into the hands of up-and-comers passing through the leadership-development revolving door? As growth became a competitive imperative, business leaders began seeing the firm as a system of investment rather than a system of production. HR strategy is an expertise that takes years to fully develop.”.

CFO 10

CFO Charan Intangible Assets Human Resources 10

Harvard Business Review

SEPTEMBER 11, 2017

There is no burden on those who proposed a new idea or technology to talk to customers, build minimal viable products, test hypotheses or understand the barriers to deployment. Most importantly, minimal viable products and working prototypes will have been tested. government federal research agencies to turn ideas into products.

Process 12

Process Innovation Incubator Committee 12

Harvard Business Review

APRIL 16, 2015

A 2012 McKinsey Report shows that over a 15 year period companies that shifted more than 56% of their capital across their business units during that period delivered annual return to shareholders that were a third higher than those delivered by companies that allocated roughly the same amount of capital per unit as they had the previous year.

CEO 8

CEO ROIC Cost of Capital Merton 8

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

OCTOBER 25, 2018

In our recent research at the McKinsey Global Institute, we examined the superstar phenomenon across firms, as well as sectors and cities. We focus on economic profit rather than revenue size, market share, or productivity growth because these other metrics risk including firms that are simply large and may not create economic value.

Industry 11

Industry Company GDP Bottom-up 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 9

Supply Chain Globalization GAAP Policies 9

Harvard Business Review

MARCH 29, 2011

In this way, TFA, like all organizations, develops particular competencies through the careers of its members. The question is whether TFA's seemingly prolific production of entrepreneurs is fact or simple hearsay. Does the TFA career experience seem to make its alumni more likely to become educational entrepreneurs?

Entrepreneur 14

Entrepreneur Education McKinsey Sample 14

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. Procter & Gamble’s Connect + Develop program and the Innocentive platform apply similar approaches. That’s quite a mismatch.

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. The most digital companies see outsized growth in productivity and profit margins. Companies in the leading sectors make more extensive use of digital payments, digital marketing, and design-led product development.

Industry 8

Industry Benchmarking Supply Chain Health Care 8

Harvard Business Review

MARCH 21, 2011

We talked to David Lawee , vice president of corporate development at Google, about how he got to where he is and the role that luck has played in his career. After two years at McKinsey, I co-founded a venture capital firm in Canada, moved on to a couple startups here in the Valley, and then ended up at Google. Head vs. Heart.

Entrepreneur 15

Entrepreneur McKinsey Technology Career 15

Harvard Business Review

MARCH 7, 2012

The evidence indicates that the United States is losing its ability to attract and expand the operations of multinationals and their significant contributions to productivity growth, innovation, and high-wage employment. private-sector research and development. multinationals by the McKinsey Global Institute. of all U.S.

Globalization 9

Globalization Rivkin Supply Chain Trends 9

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

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. And this growing productivity gap shows up within industries, not just between them.

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

The Horizons Tracker

SEPTEMBER 22, 2022

“Once they are formed they persist, possibly for centuries, and since different structures and types display different degrees of this ability to survive, we almost always find that actual group and national behavior more or less departs from what we should expect it to be if we tried to infer it from the dominant forms of the productive process.”.

Succession 82

Succession Entrepreneur Globalization Innovation 82

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.” How do we implement an agile mindset to incorporate both sides of the productivity equation?

Agility 50

Agility Process Management McKinsey 50

Harvard Business Review

MAY 1, 2015

McKinsey analyzed more than 3,000 software and online-services firms from a 22-year period, finding that fewer than a third reached $100 million in revenue growth. How many software companies really make it big, at least in terms of revenue? Only a handful of companies reached the elusive $4 billion mark.

Software 8

Software Company McKinsey Incentives 8