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

Strategy Driven

JULY 13, 2011

Filled with in-depth insights from experts at McKinsey & Company, this reliable resource takes a much more qualitative approach to what the authors consider a lost art. This example also speaks to the obligation of management and boards to challenge high-performing units as much as they challenge those that are troubled.

ROIC 62

ROIC Balanced Scorecard Metrics McKinsey 62

Eric Jacobson

MAY 25, 2016

Clearly and powerfully define your company's contribution to society -- which must be at the heart of the company's purpose, not a side operation. Essentially McKinsey’s research for the book found that 30% of corporate earnings are at stake from effective connection with these external stakeholders.

Company 50

Company Competitive Advantage Open-book Long-term 50

Harvard Business Review

OCTOBER 17, 2012

In the creative economy, innovation is more important than ever. Innovation is the only insurance against irrelevance. Innovation, in operations, products, business models and ecosystems, isn't merely a competitive advantage, it's the competitive advantage. We all get it: innovation is the lifeblood of every organization.

Innovation 15

Innovation Process Competitive Advantage McKinsey 15

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. Even if executives try to prioritize it, innovation often gets crowded out by more “urgent” short-term pressures.

Innovation 8

Innovation P&L ROI Long-term 8

The Horizons Tracker

JULY 1, 2020

” A new report from EIT Health and McKinsey therefore offers a timely opportunity to gauge progress. The report specifically looks at how the human capital available to healthcare providers may be supporting, or undermining, progress with AI in the sector. ” Developing the skills.

Skills 95

Skills Report Technology Long-term 95

Harvard Business Review

APRIL 5, 2017

The McKinsey Global Institute, in conjunction with FCLT Global, recently released research stating that long-term-oriented companies perform better than those that focus on short-term results. While a laudable effort in principle, measuring a company’s tendency to make myopic operating and investing decisions is fiendishly complex.

EPS 8

EPS Metrics Depreciation Short-term 8

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.

Industry 8

Industry McKinsey Early Adopters Rate of Return 8

Harvard Business Review

MARCH 30, 2016

Research by McKinsey shows that, on average, 30% of corporate earnings are at stake when it comes to a company’s relationships with society. As a global survey conducted by McKinsey shows, only 21% of business executives think their company frequently engages successfully. Shell is an excellent example. Engage radically.

Company 8

Company McKinsey Short-term Long-term 8

Harvard Business Review

JUNE 30, 2011

The company had absolutely no operations in Beijing, and no plans to start operations there. It is a disciplined operator, so this wasn't a junket either. To spot transformational trends early, companies need to follow the guidance of Wharton professor George Day and long-time McKinsey & Co.

Trends 13

Trends McKinsey Constraint Industry 13

Harvard Business Review

JULY 9, 2018

But it’s particularly difficult for large, traditional firms , especially those which operate in consolidated, non-growth industries (think pulp and paper, steel, airlines) and which are often located away from the metropolitan areas where data scientists live. And they can create a lot of value by generating new business.

Bottom-up 8

Bottom-up Operations Training Efficiency 8

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. A proper understanding of fit must take into account the leader’s motives and values , also known as the “inside” of personality.

McKinsey 14

McKinsey Self-aware Motivation Report 14

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. Insight Center.

Industry 10

Industry Short-term Planning Long-term 10

Harvard Business Review

FEBRUARY 22, 2011

We were struck by the assumption made by an article in The McKinsey Quarterly this month. Thus, as the McKinsey Global Institute team states, and its analysis of 80 years of data shows, "over the long term. Yet, as obviously logical as that finding turns out to be, McKinsey was right to frame it as counterintuitive.

McKinsey 14

McKinsey Efficiency Long-term Analysis 14

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. as a land of opportunity and innovation.

Diversity 15

Diversity McKinsey Incentives Proposal 15

Harvard Business Review

APRIL 1, 2016

Recent research from the McKinsey Global Institute (MGI) looked at the state of digitization in sectors across the U.S. One example is Caterpillar’s new S60 smartphone, which comes with built-in thermal imaging capability and is useful for builders, electricians, and utility workers.

Industry 8

Industry Benchmarking Supply Chain Health Care 8

Harvard Business Review

DECEMBER 4, 2017

Tactics include, for example, labeling claims and how to be clear about what standards we might want to develop, and also about disclosure, when he mentions materiality. But I think the interesting part comes when they start to see it as an opportunity for innovations that are financially beneficial as well as socially beneficial.

Project 8

Project Advice Henderson Short-term 8

Harvard Business Review

OCTOBER 21, 2016

Hoping to alleviate their concerns, this article also provides concrete examples of how sustainability benefits the bottom line. This can disrupt a firm’s ability to operate on schedule and budget. ” Improving risk management. Climate change, water scarcity, and poor labor conditions in much of the world increase the risk.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

MARCH 8, 2013

The smartest minds in social innovation are increasingly committed to engaging with the private sector to make significant changes in areas like health, education, and poverty. This framework has the potential to reverse the typical role of CSR, currently viewed as a way to "give back" to communities that a business operates in.

Entrepreneur 8

Entrepreneur Porter Team Innovation 8

Harvard Business Review

JUNE 16, 2015

The issues in each of these buckets require new leadership, or at least a rethinking of it in the highest ranks of companies, and deep operational changes. We’re starting to recognize that this relatively new situation has important ramifications for how businesses operate, and we’re making some progress. Insight Center.

Constraint 8

Constraint Supply Chain Resources Operations 8

Harvard Business Review

NOVEMBER 20, 2015

According to estimates from McKinsey, consumers in these markets could be worth $30 trillion by 2025 — a significant step up from the 2010 value of $12 trillion. But innovating for sustainable development is actually quite close to the processes of “traditional” innovation. of the time.

Goal 8

Goal Supply Chain Development Globalization 8

Harvard Business Review

JANUARY 25, 2012

The data-driven have crafted the best strategies, uncovered wholly new markets, and kept operational costs low. Customer profitability is a terrific example. The McKinsey report on Big Data suggests the U.S. Data-driven managers, departments, and organizations have always enjoyed distinct advantages. We figure it out.

Organization 15

Organization Telecommunications McKinsey Price 15

Harvard Business Review

JANUARY 31, 2013

Second, we see a raft of innovations that will alter how products are designed, manufactured and sold — everything from nanotechnologies to 3D printing. Then, manufacturing's most important role is as a driver of innovation, trade, and productivity. McKinsey has identified more than 20 distinct submarkets in China, for example.

Globalization 8

Globalization Supply Chain Pharmaceuticals McKinsey 8

Harvard Business Review

JANUARY 20, 2015

New research we conducted at the McKinsey Global Institute found that while this is a very tall order, it could be do-able. In the near term, improving operations and procurement is the most promising lever for higher productivity. Adjustments to the way nurses work is an example. We disagree.

Globalization 8

Globalization Productivity Products GDP 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. The Nike Foundation also leans on its expertise in innovation and scale to find solutions to poverty, while keeping its operations separate from the business.

Core Competence 15

Core Competence Market Segmentation Globalization Reputation 15

Harvard Business Review

JANUARY 22, 2015

Too often, companies demand a laundry list of vague qualities, such as creativity and innovation, which fail to align with organizational needs. For example, when a U.S. GE has shifted its leadership development focus under new CEO Jeff Immelt, putting greater emphasis on drawing innovation and new ideas out of its high potentials.

Leadership Development 8

Leadership Development Development Leadership Leadership Pipeline 8

Harvard Business Review

DECEMBER 2, 2010

To do this, we combine two separate frameworks: the first is the Three Horizon strategic model developed by McKinsey. Horizon 1 (H1) represents the current core operations of a company that produce the cash flow needed to sustain operations, to meet investor expectations, and to invest in future growth.

NPV 14

NPV Net Present Value Price Engineering 14

Harvard Business Review

OCTOBER 16, 2014

In early research , McKinsey emphasized that the distinctive character of the Internet of Things — which is predicted to be a $7.1 trillion market by 2020 — lay in its ability to operate with little or no “human intervention.” An offering from New England Biolabs offers one example.

Hammer 8

Hammer Fashion Sample Information Technology 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

AUGUST 21, 2012

On the contrary, they may become the most powerful tools yet developed to raise the productivity of high-skill knowledge workers — the kind of workers who help drive innovation and growth, and who are going to be in increasingly short supply. The total potential value at stake in these sectors is $900 billion to $1.3 trillion annually.

Media 15

Media Productivity Products Technology 15

Harvard Business Review

OCTOBER 16, 2014

A 2014 McKinsey & Co. survey found, for example, that fewer than 20% of IT professionals say they are effective at targeting where they can add the most value inside their organizations. “An Virtually every executive is eager to see his or her organization innovate. And these folks don’t necessarily have a clue.

Drucker 12

Drucker Survey Learning-by-Doing Knowledge Management 12

Harvard Business Review

MARCH 7, 2012

The evidence indicates that the United States is losing its ability to attract and expand the operations of multinationals and their significant contributions to productivity growth, innovation, and high-wage employment. shares of the global operations of U.S.-based competitiveness, for example, and the 2010 study of U.S.

Globalization 9

Globalization Rivkin Supply Chain Trends 9

Harvard Business Review

OCTOBER 19, 2012

Long before "think global, act local" was the conventional wisdom for how corporations should operate in the international interconnected marketplace, we at Children's Television Workshop (CTW), as it was known then, pioneered the development of a flexible global brand. Being Willing To Try New Operating Models.

Globalization 8

Globalization Power Workshop Brand 8

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. One European retail bank, for example, set up “opportunity labs” in its branches and agencies—i.e., A cargo airline provides another example.

Marketing 9

Marketing Guidelines B2C Analysis 9

Harvard Business Review

MAY 9, 2012

Together with Harvard Business Review and the Management Innovation eXchange, we have issued a challenge calling for the most instructive case studies and provocative ideas that will help us re-imagine capitalism for the long term. This is the way both to achieve higher returns and make the market more efficient.

Marketing 11

Marketing Power Short-term Long-term 11

Harvard Business Review

FEBRUARY 11, 2016

Too often, purchasing departments manage the selection while operating managers—not involved in selection by fiat—are expected to make the relationship work. For example, tax rules in the United States and other countries are biased toward full-time employment relationships. Failure to deliver results.

Agility 8

Agility Organization Resources Fixed Costs 8

Harvard Business Review

DECEMBER 14, 2015

At McKinsey, we are conducting our own research into the impact of automation on jobs and organizations and recently published a brief paper previewing some of our findings. Take, for example, the role of a marketing manager or executive in a consumer products company.

Osborne 8

Osborne Technology McKinsey Marketing 8