HR Digest

NOVEMBER 4, 2023

While the HR team is mainly responsible for employee retention, it takes an entire organizational effort to make it a success. If companies get better at hiring candidates who correctly match the work ethic, job description, and company culture of the organization, they immediately reduce the likelihood of these candidates leaving.

Process 59

Process Attrition Trends Training 59

ExactHire - Leadership

JUNE 3, 2022

According to McKinsey , companies succeeding at diversity are 35 percent more likely to enjoy profit margins above the median for their industry. Your executive team makes important decisions about the company’s culture and direction. When companies hire fresh graduates, they’re more likely to attain their diversity goals.

Company 98

Company Diversity Career Quality 98

ExactHire - Leadership

JUNE 3, 2022

According to McKinsey , companies succeeding at diversity are 35 percent more likely to enjoy profit margins above the median for their industry. Quality of Executive Leadership Your executive team makes important decisions about the company’s culture and direction. A diverse workforce is good for your business.

Company 52

Company Diversity Career Quality 52

ExactHire - Leadership

JUNE 3, 2022

According to McKinsey , companies succeeding at diversity are 35 percent more likely to enjoy profit margins above the median for their industry. Your executive team makes important decisions about the company’s culture and direction. When companies hire fresh graduates, they’re more likely to attain their diversity goals.

Company 52

Company Diversity Career Quality 52

Harvard Business Review

JANUARY 11, 2017

One of the conundrums of ethical decision making is that many moral decisions that are quite straightforward — even easy — to resolve in a classroom or during training exercises seem far more difficult to successfully resolve when confronted during actual day-to-day decision making. You and Your Team Series. Mark Chussil.

Ethics 8

Ethics Training Biotechnology Morale 8

Marshall Goldsmith

FEBRUARY 8, 2018

Tammy Erickson – McKinsey award-winning author. Rod MacKenzie – Executive Vice President, Chief Development Officer for Pfizer, member of Pfizer’s Executive Leadership Team. Former HR Director and member of executive management team at the National Irish Bank. World authority on branding and culture transformation.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

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. There are significant ethical issues with applying this model to HIV in the USA.

Entrepreneur 8

Entrepreneur Porter Team Innovation 8

Harvard Business Review

MARCH 31, 2011

Humanists are trained to be creative and are uniquely adapted to leading creative teams. (A Philosophers can help you with ethics. If you want another good reason to hire from the humanities, consider this: consulting firms like McKinsey and Bain like to hire them for all the reasons I've described above. Innovation.

Innovation 19

Innovation Creativity McKinsey CEO 19

Harvard Business Review

JULY 16, 2012

In other words, no matter how good or bad your team of ten, there will only be two top performers, seven average ones, and one poor sap who gets his hat handed to him. A full 30% also said the structure of their compensation plans encouraged law-breaking or ethics violations. 50 SHADES OF I-WANT-IT-TODAY. BONUS BITS: Longreads.

P&L 8

P&L McKinsey Comparison Price 8

Harvard Business Review

FEBRUARY 17, 2015

We know that getting more women on teams can boost performance. 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.

Osgood 8

Osgood ROE Diversity Bond 8

Harvard Business Review

OCTOBER 16, 2018

In any team or organization, a small number of individuals will account for a substantial amount of collective output. Contrary to popular belief, there are universal traits that predict whether individuals will be part of an organization’s vital few, such as their higher levels of intelligence, work ethic, and social skills.

Motivation 8

Motivation Human Capital ROI McKinsey 8

Harvard Business Review

JULY 20, 2016

The most successful leaders are the ones who continue to learn and grow, and the best way to help yourself – or your team — do that is through assignments that involve increasing complexity. You and Your Team Series. One key lesson I’ve drawn from all this experience? What we found was an incredible paradox.

Drotter 8

Drotter Charan Leadership Pipeline Short-term 8

Harvard Business Review

SEPTEMBER 28, 2012

That's as true for a Walmart or a JCPenney as it is for a McKinsey & Co. Yes, this exercise will surface all manner of ethical — and possibly legal — conflicts and risks. Three Questions to Ask Your Advanced-Analytics Team. These novel data opportunities indeed reflect "fundamental value." How to Repair Your Data.

Hedge 15

Hedge Core Competence CFO ROI 15

Harvard Business Review

DECEMBER 31, 2015

“Because you’re from McKinsey and I want to work there,” he replied. We launched the Mindfulness in Business Initiative (MiB) precisely in order to help students like these leverage their desire for success toward saner, more sustainable, and ethical workplace practices through mindfulness. You and Your Team.

Emotional Intelligence 8

Emotional Intelligence Self-aware Audience McKinsey 8

Harvard Business Review

JANUARY 8, 2014

Any firm that wants to not only hire the best talent but also pull them together into strong and lasting teams can’t do so without fostering a compelling and inspiring culture. More important, he would never, ever, hire anyone who was not dying to work in a highly professional, ethical, collaborative firm.

Emotional Intelligence 9

Emotional Intelligence GDP McKinsey Airlines 9

Harvard Business Review

MARCH 23, 2015

But there is one undeniable truth: when a company is in its earliest days – when there is no performance or numbers to speak of – the key differentiators are the team, their purpose, and their culture. A great mentor of mine, Tsun-yan Hsieh, was one of the foremost leaders at McKinsey.

Company 8

Company Self-aware Long-term Mission Statement 8