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

The Horizons Tracker

MARCH 15, 2022

Indeed, McKinsey recently argued that one of the few plus points from the pandemic was it reinforced the importance of building change capabilities within our organizations. There was then a gap to access to finance and a non-supportive policy environment. The existential difficulties posed by Covid were also reflected, with 43.8%

Company 127

Company Hofstede Supply Chain Agility 127

HR Digest

NOVEMBER 4, 2023

Exit interviews are a key way to identify why an employee wasn’t able to settle into an organization so it can be addressed in the next round of hiring Ensuring a job description accurately represents a role can help ensure candidates know what they are signing up for Explain company policies, probation criteria, salaries, etc.

Process 59

Process Attrition Trends Training 59

HR Digest

NOVEMBER 9, 2023

Building a conscious pay system requires conscious policies and practices that support such an initiative. percent of senior managerial and directorial roles , according to McKinsey. The next involves assessing the conditions you work under and reframing your policies and systems to best support your employees.

System 52

System How To Benchmarking Diversity 52

Harvard Business Review

SEPTEMBER 13, 2017

And as innovation brings self-driving cars, electric vehicles, in-vehicle data connectivity, mechanisms for sharing rides and vehicles, and other technologies to more people, getting around cities will become easier, faster, and safer. Doing so will allow policy makers to play a more proactive role in shaping what that future looks like.

Transportation 8

Transportation Technology GDP Policies 8

Harvard Business Review

JANUARY 18, 2018

It seems beyond debate: Technology is going to replace jobs, or, more precisely, the people holding those jobs. Here are four ways to think about the people left behind after the trucks bring in all the new technology. ” The point of technology, she argues, is to boost productivity, not cut the workforce.

Creativity 13

Creativity Strategy Venture Capitalist McKinsey 13

Harvard Business Review

AUGUST 30, 2018

Many governments are currently rethinking their policies regarding cross-border data flows. 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. What Policy Makers Should Consider.

Supply Chain 8

Supply Chain Globalization GAAP Policies 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. It’s clear why pain in the domestic supplier base matters from a policy perspective. These costs are significantly higher for U.S.

Supply Chain 8

Supply Chain McKinsey Incentives Bottom-up 8

Harvard Business Review

JANUARY 16, 2013

But some 70% of the extra profit to be made through social technologies has nothing to do with marketing. Examples of enterprise social-technology use are cropping up all the time: TD bank relies on a social network for employee communication, and at Unisys, social communities provide specialized expertise to resolve technical problems.

Media 8

Media McKinsey Supply Chain Telecommunications 8

Harvard Business Review

FEBRUARY 1, 2017

Most of them focus on digitalization specifically and on communications technology, though some attention continues to be paid to transportation infrastructure (e.g., For more than 150 years now, new technologies have been touted as making the world one. Parag Khanna’s Connectography ).

Globalization 8

Globalization Offshoring Tacit Knowledge Intangible Assets 8

Harvard Business Review

FEBRUARY 2, 2015

This is the kind of technology—and the type of firm—that will make renewable energy more efficient and more cost-effective. Indeed, in a world where globalization and rapid technological changes are the norm, manufacturing, high-tech development, and innovation clearly require a different level of support.

Industry 8

Industry McKinsey Engineering Innovation 8

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

Harvard Business Review

DECEMBER 24, 2013

And the seven policy changes Stew Friedman recommends would benefit all working Americans. 7 Policy Changes America Needs So People Can Work and Have Kids. Technology offers real hope for Africa’s economic future. Imagine a Future Where Africa Leapfrogs Developed Economies. How Netflix Reinvented HR.

Management 15

Management Health Care Middle Management Agility 15

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

FEBRUARY 5, 2018

The catch is that adopting these technologies will disrupt the world of work. 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. Other options are also less than desirable.

GDP 8

GDP Globalization Short-term McKinsey 8

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. The competition story revolves around digital technology.

McKinsey 8

McKinsey Document Engineering Outsourcing 8

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. Army’s Rapid Equipping Force, one of us built a curation process to help technology solutions to be deployed rapidly. As the head of the U.S.

Process 10

Process Innovation Incubator Committee 10

Harvard Business Review

MARCH 15, 2016

In fact, for women, the technology gender gap seems to be getting bigger, not smaller. To this end, McKinsey conducted extensive qualitative and quantitative research of more than 2,400 interviewees. This research was done in the context of McKinsey and Facebook’s partnership to launch a program called TechPrep.

Industry 8

Industry Diversity Class Engineering 8

Harvard Business Review

OCTOBER 29, 2012

asks Foreign Policy. It's a game-changing technology not merely because of its power, but because of its impact both on and off the battlefield." Delivering Large-Scale IT Projects on Time, on Budget, and on Value (McKinsey Quarterly). "Want to lead the free world?" Singer in this piece. ALSO: UNICORNS. Scary stuff.

GDP 8

GDP McKinsey Budgeting Bottom-up 8

Harvard Business Review

FEBRUARY 16, 2016

Previous McKinsey research has highlighted a strong correlation between leadership performance and organizational health, itself a strong predictor of a robust bottom line. At McKinsey, we’ve been working on this issue with our own colleagues as well as with business leaders. Look at policies covering travel, email (e.g.,

Leadership 8

Leadership McKinsey Stress Creativity 8

Harvard Business Review

SEPTEMBER 1, 2015

After stints at Applied Materials and McKinsey, he joined Google just a little over 10 years ago. Second, his philosophy on products includes the principle of serving the ecosystem of users and developers. And third, his belief that technology is an equalizing force. Born in Chennai, India, he came to the U.S.

CEO 8

CEO Engineering Advertising Technology 8

Harvard Business Review

OCTOBER 23, 2017

Fortunately, the proliferation of digital communication data and the advancement of sensor technology have enabled us to more precisely measure workplace behavior. According to McKinsey and LeanIn.org’s 2017 gender report, women with a partner are 5.5 But this isn’t happening.

McKinsey 15

McKinsey Survey Content Company 15

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, 2016

When it comes to understanding the pace of global digital evolution , the digital growth of developed countries usually has little to tell us about the digital future of developing ones. While other ASEAN countries have online users, they aren’t using that technology to shop or do business.

Benchmarking 8

Benchmarking Policies Globalization Long-term 8

Harvard Business Review

MARCH 24, 2014

While retailers and cable companies moved their businesses online years ago, many insurers, struggling with legacy technology and outmoded organizational structures, are playing catch up. In a recent McKinsey survey of the digital practices of more than 30 leading U.S. Technology'

Insurance 8

Insurance Company Maturity Decentralization 8

Harvard Business Review

JULY 8, 2015

Shouldn’t we be developing more options outside of traditional employment that do just that? A recent McKinsey report suggests that alternative work platforms may unlock trillions in future economic value by using their data to better source, match, and deploy workers. A Mercury News article noted that Sen.

McKinsey 8

McKinsey Globalization Health Care Innovation 8

Strategy Driven

DECEMBER 8, 2010

This book will show you, as an employee, customer or partner, how to use new social technologies, make yourself heard, and produce better products and services. Indeed, a 2008 issue of the McKinsey Quarterly noted that women tend to make deeper emotional connections with colleagues and business partners. Juliano Howard T. Dickens Jr.

Self-aware 72

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

Harvard Business Review

JANUARY 12, 2015

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. Now, the city is trying to take the technology even further by having it foster real civic engagement.

Drucker 8

Drucker Katz Innovation Learning-by-Doing 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 10

Company Survey Finance Engineering 10

Harvard Business Review

FEBRUARY 15, 2012

We are delighted to announce the winners of the Beyond Bureaucracy Challenge , the second leg of the HBR/McKinsey M-Prize for Management Innovation. One answer: the creation of cross-company virtual collaborative communities based on shared passion (whether around a specific technology or a particular role or even a business process).

Bureaucracy 11

Bureaucracy Company Agility CIO 11

Harvard Business Review

DECEMBER 17, 2013

On the upside, similar calculations from WWF and McKinsey suggests that this pace of change –they endorse a 3% reduction in absolute emissions per year through 2020 – will actually be very profitable. Some) businesses get off the sidelines in the climate policy fight: Hundreds of companies sign onto the Climate Declaration.

Supply Chain 8

Supply Chain McKinsey Apparel Energy 8

Harvard Business Review

MARCH 7, 2012

private-sector research and development. businesses appear to be the result of both labor-saving technological changes and the outsourcing of parts of production to independent contractors in low-cost foreign locations. multinationals by the McKinsey Global Institute. multinationals by the McKinsey Global Institute.

Globalization 9

Globalization Rivkin Supply Chain Trends 9

Harvard Business Review

JULY 5, 2016

According to estimates by McKinsey , if France (for example) were to shift into a higher gear and equal the UK’s digital state, its hypothetical economic gain could be about €100 billion. These are real concerns for the UK economy overall as the tech sector accounts for around 10% of British GDP. billion as compared to $4.4

Safe Harbor 8

Safe Harbor Industry Uncertainty Crisis 8

Harvard Business Review

DECEMBER 18, 2012

But country-level and regional policy moved forward: Australia passed a carbon tax , South Korea approved carbon trading , and California just began its own trading experiment. a backdoor approach to climate policy took over. Keeping the apparel theme, um, running, check out Nike's new shoe with FlyKnit technology. In the U.S.,

Supply Chain 8

Supply Chain Constraint P&L Energy 8