Eric Jacobson

MAY 25, 2016

Today, technology is making all business activity more transparent. Essentially McKinsey’s research for the book found that 30% of corporate earnings are at stake from effective connection with these external stakeholders. Another example is the music streaming service Spotify.

Company 50

Company Competitive Advantage Open-book Long-term 50

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 15

Creativity Strategy Venture Capitalist McKinsey 15

Harvard Business Review

DECEMBER 16, 2016

Back in 2011, the McKinsey Global Institute published a report on the transformational potential of big data—and it would take a supercomputer to process all of the articles that have appeared since then urging companies to get on board before some digital disruptor renders them obsolete. Sponsored by SAS.

Industry 8

Industry McKinsey Early Adopters Rate of Return 8

Harvard Business Review

FEBRUARY 20, 2018

It’s now time for business, particularly technology companies, to harness the power of technology to help turn the tide. will fall short of this goal by 5 million workers. Prior technology transformations in the workforce have taken place across generations. At current graduation rates, the U.S.

Company 8

Company Training Technology McKinsey 8

Harvard Business Review

JULY 17, 2017

Despite rapid innovations in data processing and machine learning, many businesses have yet to make the leap from the Industrial Age to the information age, and the gap between technological and organizational progress is widening. Closing this gap requires much more than short-term fixes, like adopting new technologies.

Industry 13

Industry Short-term Planning Long-term 13

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 9

Media McKinsey Supply Chain Telecommunications 9

Harvard Business Review

APRIL 18, 2017

Already, evidence suggests that early AI pilots are unlikely to produce the dramatic results that technology enthusiasts predict. For example, early efforts of companies developing chatbots for Facebook’s Messenger platform saw 70% failure rates in handling user requests.

Insurance 10

Insurance Video Long-term Project 10

Harvard Business Review

JUNE 10, 2016

Purchasing, for example, is moving to automated bots, with 15%–20% of total spend already sourced through e-platforms. Leading companies are experimenting with what these technologies can do for them, typically around transactional processes at early stages of the customer journey. Insight Center. Operations in a Connected World.

Development 8

Development Technology Competitive Advantage Learning-by-Doing 8

Harvard Business Review

AUGUST 30, 2018

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. The draft bill has generated much debate, including some concern from global technology giants as well as Nasscom, India’s IT industry body.

Supply Chain 9

Supply Chain Globalization GAAP Policies 9

Harvard Business Review

JULY 9, 2018

For example, in Berlin alone, the list includes Axel Springer, Bayer, Lufthansa, McKinsey, Boston Consulting Group, EON, RWE, Deutsche Bahn, Metro and ProSieben — all have established accelerator programs that aim to cultivate an entrepreneurial mindset and disrupt existing business models.

Bottom-up 9

Bottom-up Operations Training Efficiency 9

Harvard Business Review

OCTOBER 30, 2014

McKinsey research shows that companies with advanced marketing and sales capabilities tend to grow their revenue two to three times more than the average company within their sector. Marketing then partnered with sales to reset customer acquisition goals at each micromarket, basing them on each market’s potential.

Marketing 11

Marketing Guidelines B2C Analysis 11

Harvard Business Review

SEPTEMBER 11, 2012

When we launched the Harvard Business Review/McKinsey M-Prize for Management Innovation last year, we aimed to enlist the most progressive practitioners and thinkers in the collective effort of reinventing what we call "the technology of human accomplishment." See the Proposed Challenges for examples.). Proposed Challenges.

Innovation 8

Innovation McKinsey Management Proposal 8

Harvard Business Review

DECEMBER 22, 2010

No wonder that a 2008 McKinsey survey found that only 20% of senior executives believe that their corporate philanthropy is effective in achieving social goals. Given that companies are putting more than $14 billion a year into charitable causes, measuring results and ensuring real social impact should be important goals.

Core Competence 15

Core Competence Market Segmentation Globalization Reputation 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. Platform Adoption Identify and implement an appropriate technology solution to support the identification, sourcing, and management of independent labor.

Content 9

Content Katz Forrester Budgeting 9

Harvard Business Review

JANUARY 12, 2018

Marketing and sales, manufacturing, recruiting (including people assessment), customer service, and support are all fields that can benefit from artificial intelligence according to McKinsey’s recent research. Their goal was to hit the lowest possible price point, and to appeal to “digital native” customers.

Consultative 8

Consultative Strategy Advice McKinsey 8

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. Unexpected changes in technology, customer preferences, and regulation can disrupt even the best-run operation. That’s quite a mismatch.

Innovation 8

Innovation P&L ROI Long-term 8

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

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

DECEMBER 11, 2018

Well, Angelia, according to a recent study by McKinsey, over $1.3 The digital work crisis is this unnerving pace of technological change, complex global networks, and lists product and service variation in almost infinite work streams, a whole tone of digital distractions, and fundamental access to more data than humans can handle.

Content 8

Content Crisis Apparel Learning-by-Doing 8

Harvard Business Review

MARCH 3, 2015

Since 2008, according to a McKinsey study , companies have devoted more time and money to social networks and 20% less to e-mail communications. Technology changes fast — remember MySpace and Friendster? As a result, people tend to overhype new technologies and misallocate resources, especially marketers.

Media 8

Media Advertising Public Relations Forrester 8

Harvard Business Review

JANUARY 19, 2017

Jane is a marketing director at a technology firm, where she manages a small team, works late, and travels once per quarter. A 2015 study from McKinsey and LeanIn.org found that “women in senior management are seven times more likely than men at the same level to say they do more than half of the housework.”

Delegation 8

Delegation Outsourcing Insurance Loyalty 8

Harvard Business Review

FEBRUARY 10, 2017

According to one McKinsey study , the success rate for organizational redesign efforts is less than 25%. Repeatable core processes, technology and information sharing platforms, and cross-functional teams are all design options that help create seamless linkages. And yet when it comes to reorganization, they’re the norm.

Competitive Advantage 8

Competitive Advantage Supply Chain Bureaucracy McKinsey 8

Harvard Business Review

MARCH 7, 2012

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. competitiveness, for example, and the 2010 study of U.S. multinationals by the McKinsey Global Institute. manufacturing employment by 52.5%, or 3.3

Globalization 9

Globalization Rivkin Supply Chain Trends 9

Harvard Business Review

MARCH 8, 2016

The ASEAN region is an example of how benchmarking works. According to a 2014 McKinsey report , the number of consuming households — i.e., households with annual income greater than $7,500 in purchasing power parity (PPP) — in the region is projected to double, to 125 million, by 2025.

Benchmarking 8

Benchmarking Policies Globalization Long-term 8

Harvard Business Review

OCTOBER 19, 2012

At the same time, we wanted to enable our co-producing partners to work with local educators, writers, and producers to craft the specific early childhood educational goals unique to their own countries. million (or 67% of its population) gaining access to mass media. Embracing New And Multiple Means Of Distribution.

Globalization 8

Globalization Power Workshop Brand 8

Ask Atma

JANUARY 2, 2011

And the Fundaments of managing by objectives : Cascading of organizational goals and objectives, (For example, a top level goal of increasing sales by 20% over a defined period may require a bottom level goal of increasing marketing effectiveness or marketing coverage in order to reach the sales set.).

Management 40

Management CRM Objective Human Resources 40

Harvard Business Review

JUNE 13, 2018

No one likes to feel as if they’re being watched, yet with technology continuing to mature, we have found ourselves entrenched in a marketing machine that has become far too intimate for anyone’s liking. Rather, we should use data to relate at scale to individuals and to help guide them to self-discovered personal goals.

Marketing 10

Marketing Brand Storytelling ROI 10

Harvard Business Review

FEBRUARY 5, 2018

By 2026, the McKinsey Global Institute estimates that demand for translators in the United States alone may reach two to four million. Translators then tap into their working knowledge of AI and analytics to convey these business goals to the data professionals who will create the models and solutions. What does a translator do?

Supply Chain 8

Supply Chain McKinsey Engineering Agility 8

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. Goals are not the same as outcomes but they matter a lot – they set the bar within sectors, driving competition and performance.

Supply Chain 10

Supply Chain McKinsey Apparel Energy 10

Harvard Business Review

MARCH 21, 2012

In pursuit of this goal, I committed Desso to becoming 100% Cradle-to-Cradle by 2020. We have, for example, developed a technology to take used carpet material back and separate the bitumen backing from the yarn and sell it to the road and roofing industries. 1] McKinsey & Co., There are plenty of opportunities like this.

Strategy 11

Strategy McKinsey Chemicals Armstrong 11

Harvard Business Review

AUGUST 21, 2017

Twenty years later, as an executive coach, work-life sustainability is a prominent issue that my clients grapple with, as they face the ever-higher work demands that have come with advances in technology. Others looked up to her for the example she set. She has anxiety about the possibility of missing an email at midnight.

Team 12

Team Conference Restructuring McKinsey 12

Harvard Business Review

DECEMBER 12, 2017

Facebook, Google, and Apple have 17%, 19% and 23% women in their technology staffs, respectively. For example, the Connected Women report from the GSMA shows that women are less likely to be financially independent when the digital gender gap is wide. Of course, this story is bigger then any one business goal.

Globalization 8

Globalization Participative Telecommunications Technology 8

Strategy Driven

OCTOBER 25, 2019

Agility is defined by McKinsey & Company as “… the ability of an organization to renew itself, adapt, change quickly, and thrive in an environment characterized by rapid change, ambiguity, and turbulence.” These transformations are shaped by: The introduction of disruptive technologies.

Agility 50

Agility Process Management McKinsey 50

Harvard Business Review

OCTOBER 27, 2015

The goal of the Digital Single Market is an ambitious one: to deliver by the end of 2016 the equivalent of US$ 471 billion per year to the regional economy and 3.8 By many measures, the UK is ahead of the others in terms of its digital foundations and sophistication; for example, the proportion of retail in the U.K. million jobs.

Crisis 8

Crisis McKinsey Policies Globalization 8

Harvard Business Review

DECEMBER 18, 2012

Some parts of the agenda — eco-efficiency and resource conservation for example — are widely accepted now, and it's rare to find a big-company CEO who doesn't have sustainability on his or her radar. The retail giant's powerful buyers, or merchants, now have a sustainability goal in their performance targets and reviews.

Supply Chain 10

Supply Chain Constraint P&L Energy 10

Harvard Business Review

OCTOBER 6, 2016

A 2011 McKinsey study estimated that the internet accounted for 21% of GDP growth over the previous five years among the developed countries studied, a sharp increase over the 10% contribution over the 15 years prior. Consider some sobering analysis from McKinsey based on an analysis of over 750 occupations.

Politics 9

Politics McKinsey Katz Technology 9