N2Growth Blog

SEPTEMBER 28, 2020

For members of the 2020 Top CHRO List, Diversity and Inclusion are a cornerstone of their work, not an afterthought. With a diverse background in human resources, information technology, and operations, his business and leadership acumen is only exceeded by his commitment to making others better.

Human Resources 469

Human Resources Globalization Diversity Resources 469

Leading Blog

OCTOBER 3, 2019

McKinsey alums Charles Conn and Rob McLean teach us how to be bulletproof problem solvers using a simple 7-steps approach. Business examples range from “Should my startup raise its prices?” Having a diverse team allows for different viewpoints to be brought together. Yet these skills are rarely taught.

Disaggregation 220

Disaggregation Analysis McKinsey Process 220

Great Results Team Building

APRIL 10, 2024

Celebrate cultural diversity while nurturing a shared identity. Organize organziational story projects where teams from both sides give examples of what has gone well – and collaborate on what success should look like moving forward. Highlight these similarities to build trust and empathy.

Team 162

Team Workshop Team Building Mission Statement 162

Great Leadership By Dan

MARCH 12, 2019

A McKinsey article published in April 2018, for example says that AI ‘creates space and time to think by filtering the signal from the noise’. Many see AI as a threat but it’s also an amazing opportunity. Fiona’s book, Defining You was published worldwide in 2018.

Agility 256

Agility Leadership Open-book McKinsey 256

Strategy Driven

MAY 2, 2019

We show numerous examples from return on invested capital logic trees, to logic trees that help you decide whether to put solar panels on your roof. Have we brought outside perspectives and diversity of views to bear in the team? Complex problems can rarely be solved without breaking the larger problem into parts.

Process 74

Process Strategy Disaggregation Agility 74

HR Digest

SEPTEMBER 14, 2023

With the ongoing focus on diversity, equity, and inclusion (DEI) within workplaces, it is important to understand that conflicts are more likely if employee relationships and anti-discriminatory practices are not prioritized. What Are Some Employee Relations Examples?

Schein 98

Schein Industry Long-term Automotive 98

CO2

APRIL 1, 2022

A recent survey conducted by McKinsey found that 42% of millennial and Gen Z consumers cited purpose as the primary reason they switched brands. For example, they preferred brands that shared their values and treated employees well. Corporate Purpose Example: Salesforce – Salesforce understands its role in our changing world.

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

CO2

APRIL 1, 2022

A recent survey conducted by McKinsey found that 42% of millennial and Gen Z consumers cited purpose as the primary reason they switched brands. For example, they preferred brands that shared their values and treated employees well. Corporate Purpose Example: Salesforce – Salesforce understands its role in our changing world.

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

CO2

JANUARY 15, 2020

Getting honest feedback about leadership’s behavior is critical because 33 percent of failed transformations happen due to leadership’s behaviors not algining with desired changes, according to Mckinsey. Over the past few decades, we’ve coached top leaders from startups to Fortune 500 companies across a diverse array of industries.

Executive Coaching 78

Executive Coaching Execution Welch Self-aware 78

CO2

JANUARY 15, 2020

Getting honest feedback about leadership’s behavior is critical because 33 percent of failed transformations happen due to leadership’s behaviors not algining with desired changes, according to Mckinsey. Over the past few decades, we’ve coached top leaders from startups to Fortune 500 companies across a diverse array of industries.

Executive Coaching 78

Executive Coaching Execution Welch Self-aware 78

CO2

JANUARY 15, 2020

Getting honest feedback about leadership’s behavior is critical because 33 percent of failed transformations happen due to leadership’s behaviors not algining with desired changes, according to Mckinsey. It’s no wonder leaders get stuck in their mental models and can’t make progress.

Executive Coaching 78

Executive Coaching Execution Welch Self-aware 78

Strategy Driven

NOVEMBER 22, 2016

VP of Human Resources: “We should enter the Italian and German markets because we can get access to a large, diverse talent pool.”. In the examples I provided earlier I wrote “$XMM” or “X%” to serve as a placeholder. Before founding his own company, he was an assistant professor at Duke University, a consultant at McKinsey & Co.,

Metrics 50

Metrics CFO Chief Financial Officer Marketing 50

Harvard Business Review

MARCH 15, 2016

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. While it’s easy to see there’s a problem, it’s much harder to solve it.

Industry 8

Industry Diversity Class Engineering 8

Harvard Business Review

JULY 19, 2017

To gauge the impact of diversity and inclusion efforts, companies typically track metrics on the hiring, attrition, promotion, and composition of the current workforce. In reality, diversity and inclusion are not merely the number of nonwhite male employees you have. Marion Barraud FOR HBR. So how do you measure this?

Company 8

Company Diversity Analysis Attrition 8

Harvard Business Review

SEPTEMBER 12, 2012

A McKinsey study found that across all industry sectors, companies with the most women on their boards of directors significantly and consistently outperform those with no female representation: by 41% in terms of return on equity and by 56% in terms of operating results. In fact, promising examples are already being implemented in the UK.

Diversity 15

Diversity McKinsey Incentives Proposal 15

Harvard Business Review

MARCH 8, 2016

Political representation, for example, has made great strides in the 10 years covered in the study. More women than men are pursuing higher education in 97 of the 145 countries included in the WEF report, for example. In some areas the news is good. Overall, 50% of the countries have or have had a female head of state.

Diversity 8

Diversity Report Globalization McKinsey 8

Harvard Business Review

FEBRUARY 17, 2015

The examples are numerous: Citing private internal research of 20,000 client teams, EY’s vice chair Beth Brooke has said that the more diverse teams had higher profitability and great client satisfaction than non-diverse teams. In addition, diverse boards that were not properly managed created distrust and dissatisfaction.

Osgood 8

Osgood ROE Diversity Bond 8

Harvard Business Review

AUGUST 29, 2017

According to a recent McKinsey Global Institute report , the number of people in the global labor force will reach 3.5 They hailed from countries as diverse as Brazil, France, Germany, Indonesia, Taiwan, and Thailand, and all demonstrated the characteristics of what I call global work orientation. Photo by Christine Roy.

Succession 15

Succession Globalization Tacit Knowledge GDP 15

Harvard Business Review

OCTOBER 12, 2018

By creating events aimed at men, they hope to include men in discussions around gender equity in the workplace, and make organizational diversity efforts more successful. But including men in diversity efforts is not as simple as inviting them to a gender-equity event. What’s at stake?

Conference 15

Conference Self-aware Diversity Participative 15

Harvard Business Review

JUNE 14, 2017

A recent McKinsey report suggests that fewer than 30% of organizations are able to find the right C-suite leaders, and that newly appointed executives take too long to adapt.

McKinsey 15

McKinsey Self-aware Motivation Report 15

Harvard Business Review

SEPTEMBER 27, 2018

For example, Eton appoints its House Masters for 13 years, has a two-year handover between one master and the next, and the old master then stays at Eton for five-plus years to continue offering advice and support. .” And they carefully manage leadership transitions, so nothing is lost along the way.

Organization 12

Organization Learning-by-Doing Open-book McKinsey 12

Harvard Business Review

APRIL 26, 2013

Secrets of Companies That Have Figured Out How to Improve Gender Diversity McKinsey. What''s different about the companies that really get gender diversity right? For one thing, their leaders passionately believe in the business benefits of establishing a caring environment where talent can rise, says McKinsey.

McKinsey 8

McKinsey Diversity Tactics Open-book 8

Harvard Business Review

SEPTEMBER 26, 2011

Caterpillar , for example, publishes its dealer sales statistics by region each month, while the Spanish bank Santander puts out a newsletter with key operating results and commentary. At McKinsey, we have found ourselves facilitating more and more joint board and management off-sites to try to define 10- or even 20-year visions.

Long-term 8

Long-term CEO Short-term McKinsey 8

Harvard Business Review

OCTOBER 23, 2017

This indicates that arguments about changing women’s behavior — to “lean-in,” for example — might miss the bigger picture: Gender inequality is due to bias, not differences in behavior. For example, consider female mentorship programs that try to connect high-potential women with management.

McKinsey 15

McKinsey Survey Content Company 15

Harvard Business Review

AUGUST 15, 2014

Digital growth is appropriately a priority for a diverse swath of organizations, and boards need to get with the program,” he writes. Both cite a McKinsey survey which, ironically, found that “Organizations’ efforts to go digital. See, for example, “Is Google Making Us Stupid? are picking up steam.”

Media 10

Media ROI McKinsey Survey 10

Harvard Business Review

OCTOBER 14, 2015

This excerpt from the first email sent to their prospective female hires is a good example: “As I’ve discussed with a few of you already, there is a lack of diversity amongst the leadership team. Three simple steps could help: Have the CEO lead the charge (not women, not HR, not the head of diversity).

McKinsey 8

McKinsey Diversity Learning-by-Doing Company 8

Harvard Business Review

MARCH 27, 2012

I once hired a McKinsey consultant into a country manager role in a developing region. In just one week this month, I heard complaints about it from oil and gas executives in Houston, a European colleague working with a global conglomerate in Asia, and a diverse group of companies I visited in Brazil.

Positioning 12

Positioning Social Capital McKinsey Globalization 12

Harvard Business Review

JANUARY 31, 2013

According to recent McKinsey research (see " The $30 Trillion Decathlon "), consumption by developing economies could rise from $12 trillion annually in 2010 to $30 trillion in 2025, by which time these markets could account for nearly 70% of global demand for manufactured goods. Innovations Are Changing The Way We Design Products.

Globalization 9

Globalization Supply Chain Pharmaceuticals McKinsey 9

Harvard Business Review

FEBRUARY 23, 2015

McKinsey research suggests that the most effective directors are meeting these challenges by spending twice as many days a year on board activities as other directors do. We recently discussed some of these tensions with board members and executives at Prium, a New York-based forum for CEOs (in which McKinsey participates).

McKinsey 8

McKinsey CEO Participative Automotive 8

Harvard Business Review

MAY 3, 2011

A 2010 McKinsey study finds that across all industry sectors, companies with the most women on their boards of directors significantly and consistently outperform those with no female representation: by 41 percent in terms of return on equity and by 56 percent in terms of operating results.

Competitive Advantage 15

Competitive Advantage McKinsey Resistance Crisis 15

Harvard Business Review

DECEMBER 24, 2013

Meet the New Face of Diversity: The “Slacker” Millennial Guy. McKinsey may have been hired in 2013 by the Vatican, the Bank of England, and the owners of the Rangers and Knicks, but they’re also acting to stave off threats to their business model. Why Do So Many Incompetent Men Become Leaders? Why Men Work So Many Hours.

Management 19

Management Health Care Middle Management Agility 19

HR Digest

DECEMBER 1, 2023

McKinsey reports that 90 percent of Fortune 500 companies have employee resource groups and most DEI (Diversity, Equity, Inclusion) strategies will tell you should be prioritizing them too. But what are employee resource groups? What do employee resource groups do?

Resources 52

Resources Policies Participative Goal 52

Harvard Business Review

JULY 17, 2017

Banks are feeling the crunch; according to McKinsey , legacy financial institutions will see profits decline 20%–60% by 2025 if they fail to evolve digitally. Signals abound: Fintech companies are launching at unprecedented rates, with improved user experiences and more-transparent practices. This focus on people is key.

Industry 12

Industry Short-term Planning Long-term 12

Harvard Business Review

MARCH 22, 2012

Those with cultural fluency across multiple geographies were deemed winners of a "natural lottery" — for example, immigrants and their children, or those whose parents' occupations in the military or the Foreign Service required frequent moves.

Globalization 11

Globalization Development Short-term Career 11

Harvard Business Review

FEBRUARY 2, 2015

A recent report from the McKinsey Global Institute identified a series of these disruptive technologies—from advanced materials to big data—that the firm projects will transform how we do business and live our lives. Ambition is crucial: Research from McKinsey finds that most low-performing research-intensive U.S.

Industry 8

Industry McKinsey Engineering Innovation 8

Harvard Business Review

OCTOBER 19, 2012

For example, in those early co-productions, the North American urban street of the original series was replaced by a plaza in Latin America, a strassa in Germany, or a rue in France. According to the McKinsey Global Institute's "bird of gold" index , India is entering a period of sustained, but unequal, economic growth with 161.1

Globalization 8

Globalization Power Workshop Brand 8

Harvard Business Review

MARCH 8, 2013

As Steve Davis, former lead in McKinsey's Social Innovation practice and president of the global health NGO, Path, has said: "The best social innovations are not necessarily widely adopted. Consider these examples: 1. We worked with a diverse network of partners as part of PopTech's Innovation Accelerator program.

Entrepreneur 8

Entrepreneur Porter Team Innovation 8