HR Digest

FEBRUARY 7, 2022

Learning and Development teams of companies are working overtime to figure out ways to keep the organizations functioning in these difficult times. Training Industry research found that over half of learning and development (L&D) professionals have retooled or repurposed learning programs in response to the Pandemic.

Efficiency 105

Efficiency Operations Training Diversity 105

Leading Blog

MARCH 24, 2017

The market is shifting. McKinsey reports that eight out of ten time strategists focus on known hypothesis—opportunities that have been examined in the past or are already evident. Now unless you tell me that you have used data analytics in order to find a new product ground, a new design, and a new market, you are not strategic.

Agility 158

Agility Uncertainty Competitive Advantage McKinsey 158

HR Digest

NOVEMBER 4, 2023

While it can feel like a localized issue, such market changes are just as possible in U.S. Analyze hiring practices by competitors and see what benefits they offer Keep an eye on research reports that are put out by organizations like Deloitte, McKinsey, SHRM, etc.

Process 59

Process Attrition Trends Training 59

Skip Prichard

MAY 22, 2019

Chris spearheads Adobe Creative Cloud strategic development partnerships. In this world of product and pricing parity, the delivery of superior service experience has become the new marketing, and the new real competitive edge. McKinsey: AI is advancing 10 times faster and at 300 times the scale of the Industrial Revolution. .

Content 94

Content Innovation Creativity McKinsey 94

HR Digest

DECEMBER 8, 2020

The number of women in high paying jobs and entering the job market has risen progressively through the years, but there are many hurdles in their journey up the ladder. . Their work responsibilities include web design database development as well as designing a company’s IT approaches and strategies. Software Developers.

Human Resources 52

Human Resources Chemicals Software Engineering 52

Strategy Driven

JULY 8, 2019

With the customers demanding faster deliveries, field service businesses are now looking to develop a more time-definite supply chain. With the omnichannel approach to e-commerce gaining ground, there is a major need for distribution centers to be located near urban markets. Operation Costs Have to Be Reduced.

Transportation 50

Transportation Parcell Supply Chain Management 50

The Horizons Tracker

AUGUST 27, 2019

The Matthew Effect is a phenomenon commonly seen in the online world, as tools that ostensibly should lower inequality by giving all people access to fantastic resources, end up benefiting the better off because they have the willingness and ability to better capitalize on these tools.

Diversity 57

Diversity Class Education Analysis 57

Chartered Management Institute

DECEMBER 2, 2013

They can sound geeky, but they are developments that every manager needs to understand. At the C-suite, businesses need not only a data analytics strategy, but a data-analytics culture, researchers from McKinsey have concluded. And the tools provided have to be usable and relevant so people will actually enter the data that’s needed.

Leadership Styles 83

Leadership Styles Human Capital Ethics McKinsey 83

Harvard Business Review

OCTOBER 30, 2014

Nowhere else in the executive suite of a typical corporation are two functions as closely intertwined as sales and marketing. Yet for all the shared responsibility, the marketing and sales relationship has often been a contentious and lopsided one, with sales dominating in B2B sectors while marketing leads in B2C ones.

Marketing 11

Marketing Guidelines B2C Analysis 11

Harvard Business Review

FEBRUARY 16, 2012

There is no mechanism that reliably signals which skills employers need so that individuals and schools can develop those skills. The job market simply doesn't function the way a market should. Research by the McKinsey Global Institute predicts that by 2020, the U.S. labor market become more efficient?

Marketing 13

Marketing Restructuring McKinsey Education 13

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

JUNE 10, 2016

Amelia, the “cognitive agent” developed by IPsoft, can parse natural language to understand customers’ questions, handling up to 27,000 conversations simultaneously and in multiple languages. And because “she” is connected to all the relevant systems, Amelia delivers results faster than a human operator.

Development 8

Development Technology Competitive Advantage Learning-by-Doing 8

Harvard Business Review

JANUARY 12, 2018

Robo-advisors, which were introduced in 2008 , are steadily eating up market share from their human counterparts much the way that Amazon and Netflix have taken share from Walmart and Regal Cinemas. The costs of AI-enabled tools are falling, and availability is rising. will grow to U.S. $5 5 trillion to U.S. $7 300 billion today.

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

NOVEMBER 30, 2017

Even more striking, new research from the McKinsey Global Institute analyzes firm-level financial results and finds a stark contrast in performance between the biggest U.S. They already report that the domestic supplier base is hollowed out, depriving them of the agility they need to respond quickly to new market opportunities.

Supply Chain 8

Supply Chain McKinsey Incentives Bottom-up 8

Strategy Driven

DECEMBER 8, 2010

As a leader and manager, you’ll learn how to use these tools to harness social interactions to improve your business and to create your own social nation. Indeed, a 2008 issue of the McKinsey Quarterly noted that women tend to make deeper emotional connections with colleagues and business partners.

Self-aware 72

Self-aware Media Open-book Learning-by-Doing 72

Harvard Business Review

FEBRUARY 12, 2016

In 1933, General Motors President and CEO Alfred Sloan established the automobile industry’s first full-time consumer research department under the direction of Henry “Buck” Weaver, a pioneer in market-based decision making. But where and how do you start? As with any new endeavor, we have been learning as we go.

Media 8

Media Automotive Globalization Active Listening 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%. Related Video.

Company 13

Company Survey Finance Engineering 13

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

Media 16

Media Productivity Products Technology 16

Harvard Business Review

AUGUST 15, 2014

Both cite a McKinsey survey which, ironically, found that “Organizations’ efforts to go digital. Another McKinsey survey , conducted in 2011, found then that the average company with more than 1,000 employees already had more data in its CRM system than in the entire Library of Congress. Marketing Sales Social media'

Media 11

Media ROI McKinsey Survey 11

Harvard Business Review

JUNE 13, 2011

Over the past decade, a team from Harvard Business School, London School of Economics, McKinsey & Company, and Stanford has systematically surveyed global management. We have developed a tool to measure management practices across operational management, monitoring, targets, and people management. Large and open U.S.

Management 16

Management Survey Class Lean Production 16

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. For the last two years we have been implementing Generation, a youth employment program that is part of the McKinsey Social Initiative. Some are excellent; others, not so much.

Metrics 11

Metrics TCO Training Cost-Benefit Analysis 11

Harvard Business Review

JULY 17, 2017

and the EU15 is doing some type of independent work, according to the McKinsey Global Institute , and 42% of U.S. Based on what we’ve learned, here are some tips that can help recruiters and hiring managers alike better understand the contractor mindset and develop strategies to integrate them into their workforce.

Real Estate 8

Real Estate Health Care Analysis Survey 8

HR Digest

NOVEMBER 9, 2023

percent of senior managerial and directorial roles , according to McKinsey. Pay Equity Analysis: How to Create Fair Salary Structures With the number of tools and data collection resources available to us, it’s impossible for companies to claim ignorance of the pay disparity and the struggles personally encountered by their employees.

System 52

System How To Benchmarking Diversity 52

The Horizons Tracker

OCTOBER 21, 2020

Indeed, a central theme of Lumina Foundation CEO James Merisotis’ latest book, Human Work , is that we often struggle to truly understand what skills we have, and indeed what skills we need to have in order to thrive in the modern labor market. Task management. around its introduction.” around its introduction.”

Govindarajan 83

Govindarajan Technology Hammer Process 83

Harvard Business Review

DECEMBER 4, 2017

Tactics include, for example, labeling claims and how to be clear about what standards we might want to develop, and also about disclosure, when he mentions materiality. We need tools to assess progress for external stakeholders, consumers, and managers. Is that a useful tool for other leaders?

Project 8

Project Advice Henderson Short-term 8

Harvard Business Review

OCTOBER 16, 2014

In early research , McKinsey emphasized that the distinctive character of the Internet of Things — which is predicted to be a $7.1 trillion market by 2020 — lay in its ability to operate with little or no “human intervention.” Even our words suggest this: the tool is “handy,” the completed bookshelves are “handiwork.”

Hammer 9

Hammer Fashion Sample Information Technology 9

Harvard Business Review

NOVEMBER 9, 2017

Like all hypotheses, it starts with situation assessment and analysis — strategy’s classic tools. We call this approach “strategy as learning,” which contrasts sharply with the view of strategy as a stable, analytically rigorous plan for execution in the market. To help VW stand out and win in the U.S.

Strategy 8

Strategy Agility Execution Core Competence 8

Harvard Business Review

APRIL 1, 2016

Digital leaders stand out from their competitors in two ways: how they put digital to work, especially in engaging with clients and suppliers, and how intensively their employees use digital tools in every aspect of their daily activities. economy and found a large and growing gap between sectors, and between companies within those sectors.

Industry 8

Industry Benchmarking Supply Chain Health Care 8

Harvard Business Review

JANUARY 19, 2016

We isolated seven performance factors correlated to strong organizational performance as well as leadership strengths through IBM Watson’s content analysis tools as well as historical performance reviews of these leaders and their direct reports. ” They combine experience and emotion into well-developed intuition.

Execution 8

Execution Supply Chain Analysis Learning-by-Doing 8

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

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

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 10

Class Globalization Banking Education 10

Harvard Business Review

JANUARY 28, 2014

Despite conceptually understanding that this change mandates fresh strategic approaches, Roger Martin (among others) has highlighted the mistakes companies continue to make by relying on processes and tools honed in a differently paced era. billion), proclaiming McKinsey’s analysis “shallow and superficial.”.

Disruptive Innovation 9

Disruptive Innovation Advertising Gilbert Market Segmentation 9

Harvard Business Review

SEPTEMBER 28, 2012

Google Trends is fast becoming an indispensable tool for many analysts who believe — as Brin does — that the wisdom (and/or delusions) of googling crowds can successfully inform investment strategies worldwide. That's as true for a Walmart or a JCPenney as it is for a McKinsey & Co. or a PricewaterhouseCoopers. More >>.

Hedge 15

Hedge Core Competence CFO ROI 15

Harvard Business Review

FEBRUARY 18, 2015

According to McKinsey, youth unemployment in Africa’s largest economy, Nigeria, is around 50%. The sector needs modernization, and must deploy computer-aided-design tools to enhance quality and automate production for scale to win markets. Industrial developments will require supporting infrastructure.

Innovation 8

Innovation Engineering Entrepreneur Banking 8

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

JANUARY 17, 2014

The technology may be abundant, but developing, recruiting and hiring the people to use it is becoming an acute challenge for Fortune 1000 companies. By 2018, the United States alone could face a shortage of as many as 190,000 people with deep analytical skills according to a study by the McKinsey Global Institute.

Information Technology 8

Information Technology Technology McKinsey Globalization 8