Remove Ethics Remove McKinsey Remove Productivity Remove Technology
article thumbnail

AI for Execs: Navigating the Future of Business.

Rich Gee Group

For executives, AI isn't just about technology; it's about transformation. A report by McKinsey Global Institute estimates that AI could add $13 trillion to the global economy by 2030. Product recommendations? Promote an Ethical AI Culture: With great power comes great responsibility. Is it customer service?

article thumbnail

8 Things Collaborative Leaders Know

Jesse Lyn Stoner Blog

The need for collaboration is driven by the issues arising from the current economic crisis and supported by the opportunities afforded by advances in technology, specifically Web 2.0. Technology has created the opportunity to know. Click on the diagram to see the full McKinsey Report: Mapping the Value of Employee Collaboration.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Threat of Workplace Automation in Future

HR Digest

John Maynard Keynes warned in 1930 “about the new scourge of technological unemployment”, which he termed as “unemployment due to our discovery of means of economizing the use of labor outrunning the pace at which we can find new uses for labor.” In short, out jobbing ourselves. What workplace automation means for workers?

article thumbnail

Playing the Long Game: The Employee Retention Process in HR

HR Digest

Whether it’s a fresher role or one that requires experience, Qualee reports that it takes a new hire approximately eight months to reach their full productivity. Without hitting full productivity, employees often move on to the next opportunity, leaving companies to restart the hiring and onboarding process.

Process 59
article thumbnail

Employee Relationships is a Serious Employer Responsibility

HR Digest

These relationships affect a lot of different factors, from employee satisfaction to their productivity within the workplace. HRM principles indicate that defining the company’s ethics and values can make maintaining a harmonious workplace that much easier. These numbers are clear indications of the importance of onboarding.

Schein 98
article thumbnail

Big Data, Big Opportunity

Chartered Management Institute

At the C-suite, businesses need not only a data analytics strategy, but a data-analytics culture, researchers from McKinsey have concluded. This often encourages an enlightened leadership style – illustrating the profitability of employee engagement and product knowledge in customer-facing staff, for example. The reason?

article thumbnail

Two thought-provoking perspectives on the “crisis of capitalism”

First Friday Book Synopsis

Here are brief excerpts from two articles featured by McKinsey & Company. I suggest you read them in the order in which they appear here, then click where indicated to read each in its entirety. I presume to suggest, further, that you register to receive email updates on other resources that are also available at [.].

Crisis 80