Harvard Business Review

NOVEMBER 20, 2015

First, the global goals campaign represents a significant new opportunity for companies that view emerging and frontier markets as their source of long-term growth. 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.

Goal 8

Goal Supply Chain Development Globalization 8

Harvard Business Review

FEBRUARY 14, 2017

The United States has thousands of workforce development and training programs, run by the public, social, and private sectors. Job placement matters, but a high placement rate is meaningless if the participant leaves after a week or if the job itself is temporary or doesn’t pay well. Some are excellent; others, not so much.

Metrics 11

Metrics TCO Training Cost-Benefit Analysis 11

Harvard Business Review

MAY 9, 2012

After Barbara Minto joined McKinsey as the firm's first ever female consultant, she found that many management consultants had trouble communicating information effectively. She developed the Minto Pyramid Principle to help colleagues structure their writing, and after gaining support within McKinsey, took the framework to other firms.

Minto 14

Minto How To McKinsey Software 14

Harvard Business Review

DECEMBER 22, 2010

No wonder that a 2008 McKinsey survey found that only 20% of senior executives believe that their corporate philanthropy is effective in achieving social goals. As Nike's Senior Portfolio Manager Adam Day says, "The global development sector had overlooked the enormous potential of investing in adolescent girls to reduce global poverty.

Core Competence 15

Core Competence Market Segmentation Globalization Reputation 15

Harvard Business Review

JANUARY 31, 2014

One of the first, and most lasting, pieces of career advice I received came from Linda Bush, my first project manager when I was a wee pup working at McKinsey & Company. Which customers can’t participate in a market because they lack skills, wealth, or convenient access to existing solutions? Commercializing Your Idea.

Innovation 12

Innovation Disruptive Innovation Learning-by-Doing Participative 12

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. With consumers spending gobs of time in online communities ( more than 1.5 trillion annually.

Media 16

Media Productivity Products Technology 16

Harvard Business Review

NOVEMBER 4, 2016

A 2015 McKinsey report on 366 public companies found that those in the top quartile for ethnic and racial diversity in management were 35% more likely to have financial returns above their industry mean, and those in the top quartile for gender diversity were 15% more likely to have returns above the industry mean.

Diversity 8

Diversity Team Price Sharpe 8

HR Digest

APRIL 4, 2024

However, despite the many benefits of developing an experimental workplace culture , most organizations choose to stick to the traditional work environment and avoid straying too far from the familiar. Talk to employees about the ideas for change and collect their feedback—that’s a great start to developing an experimental work culture.

Innovation 52

Innovation Project McKinsey Learning-by-Doing 52

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 20

Supply Chain Reputation Education Learning-by-Doing 20

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%. Our research says otherwise.

Company 13

Company Survey Finance Engineering 13

Harvard Business Review

FEBRUARY 5, 2018

New research by the McKinsey Global institute suggests that roughly 15% of the global workforce could be displaced by 2030 in a midpoint scenario, but that the jobs likely created will make up for those lost. Its labor participation rate has risen by 10 percentage points since reunification, to above the U.S. It will take time.

GDP 8

GDP Globalization Short-term McKinsey 8

HR Digest

NOVEMBER 9, 2023

According to the International Labor Organization , the global labor force participation rate for women stands at 47 percent. percent of senior managerial and directorial roles , according to McKinsey. Then develop protocols for making adjustments to address identified pay disparities. percent of the U.S.

System 52

System How To Benchmarking Diversity 52

Harvard Business Review

JULY 29, 2014

Break up a strategic function in response to underperformance in the wake of severe market disruptions? Put the most strategic pieces into the hands of up-and-comers passing through the leadership-development revolving door? Lynanne Kunkle, VP-Global Talent Development and HR-Asia for Whirlpool, is a case in point.

CFO 11

CFO Charan Intangible Assets Human Resources 11

Harvard Business Review

JULY 15, 2013

The fastest-growing segments of America''s job market — by far — are temporary and part-time employment. Workflows and innovation initiatives have been artfully reorganized around "projects" to facilitate faster, cheaper and easier contingent participation. A recent McKinsey & Co. Have people been commoditized?

Human Capital 9

Human Capital Real Estate Human Resources Disruptive Innovation 9

Harvard Business Review

DECEMBER 13, 2011

From his first days at the helm of the billion-dollar open source software company, which lives, breathes, and bleeds the values of open source development (not least: the best ideas win, no matter where they come from), Whitehurst realized "if I'm not called an idiot at least once a day, then something's wrong.". The effect?

COO 12

COO Learning-by-Doing Bureaucracy Strategy 12

Harvard Business Review

FEBRUARY 18, 2015

According to McKinsey, youth unemployment in Africa’s largest economy, Nigeria, is around 50%. But participants are poorly trained and produce low quality products. The sector needs modernization, and must deploy computer-aided-design tools to enhance quality and automate production for scale to win markets.

Innovation 8

Innovation Engineering Entrepreneur Banking 8

Ask Atma

JANUARY 2, 2011

They develop action plans. And the Fundaments of managing by objectives : Cascading of organizational goals and objectives, (For example, a top level goal of increasing sales by 20% over a defined period may require a bottom level goal of increasing marketing effectiveness or marketing coverage in order to reach the sales set.).

Management 40

Management CRM Objective Human Resources 40

Harvard Business Review

FEBRUARY 5, 2018

Instead, translators play a critical role in bridging the technical expertise of data engineers and data scientists with the operational expertise of marketing, supply chain, manufacturing, risk, and other frontline managers. At McKinsey, we’ve even created an academy in our own firm, training 1,000 translators in the past year.

Supply Chain 8

Supply Chain McKinsey Engineering Agility 8

Harvard Business Review

DECEMBER 12, 2017

We have all heard about a gap when it comes to participation of women in the tech industry. computing and mathematical jobs are held by women, consistent with the data that around 26% of the STEM workforce in developed countries is female. In developing countries, those differences are even greater. michael suriano/unsplash.

Globalization 8

Globalization Participative Telecommunications Technology 8

Harvard Business Review

SEPTEMBER 20, 2011

Challenge (the first of three legs of the HBR/McKinsey M-Prize for Management Innovation) here last week. We announced the winners of the Management 2.0 And no single leader, no matter how brilliant and gifted, can invent the future of his (or her) company alone. Paul Green, Jr.,

Management 8

Management How To Innovation Bureaucracy 8

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 13

Management Short-term How To Strategic Planning 13

Harvard Business Review

APRIL 27, 2015

In a McKinsey poll , 94% of the managers surveyed said they were dissatisfied with their company’s innovation performance. Likewise, no matter how slick your company’s online idea market, it won’t yield many high-value ideas if your associates haven’t been taught to think like innovators.

Innovation 8

Innovation Company Engineering Supply Chain 8