Leading Blog

FEBRUARY 19, 2020

Considering that most change efforts only succeed 30% of the time, Scott Keller and Bill Schaninger (both McKinsey partners) put forth a change model to increase the odds of success (upwards of 79% of the time) in Beyond Performance 2.0. Advance : Leadership placement. Health is about the how. Act : Generation of energy.

Hamel 280

Hamel Objective McKinsey Learning-by-Doing 280

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

The Practical Leader

APRIL 5, 2023

I was asked to facilitate an annual strategic planning retreat with a senior leadership team. Hmm…oh, oh… Looking at the typical approach they’ve used before, four common strategic planning problems immediately popped out: The agenda was loaded with about 17 project/operational presentations/reviews and updates.

Planning 52

Planning Strategic Planning How To Operations 52

Eric Jacobson

NOVEMBER 3, 2022

Be sure to check out the books’ Appendix 2 where you’ll find the bios of these 67 interviewed CEOs along with key facts about each – including their milestone leadership impacts on their respective organizations. Take the mindset of “be bold”, for example. Viewed through this lens, we hope any leader will find it helpful.

CEO 104

CEO Banking Learning-by-Doing McKinsey 104

CO2

SEPTEMBER 21, 2022

It’s common to see vague purpose statements centered around being the best or leading provider whatever sector the organization operates. However, not every company operates in a sector where their everyday work lends itself to significant social impact. For example, one of CO2’s most important values is lifelong learning.

How To 78

How To Long-term Performance Review Mission Statement 78

CO2

SEPTEMBER 21, 2022

It’s common to see vague purpose statements centered around being the best or leading provider whatever sector the organization operates. However, not every company operates in a sector where their everyday work lends itself to significant social impact. For example, one of CO2’s most important values is lifelong learning.

How To 78

How To Long-term Performance Review Mission Statement 78

Eric Jacobson

MARCH 14, 2022

Be sure to check out the books’ Appendix 2 where you’ll find the bios of these 67 interviewed CEOs along with key facts about each – including their milestone leadership impacts on their respective organizations. Take the mindset of “be bold”, for example. Viewed through this lens, we hope any leader will find it helpful.

CEO 94

CEO Banking Learning-by-Doing McKinsey 94

Eric Jacobson

JUNE 23, 2022

Be sure to check out the book's Appendix 2 where you’ll find the bios of these 67 interviewed CEOs along with key facts about each – including their milestone leadership impacts on their respective organizations. Take the mindset of “be bold”, for example. Viewed through this lens, we hope any leader will find it helpful.

CEO 80

CEO Banking Learning-by-Doing McKinsey 80

Eric Jacobson

JANUARY 18, 2023

Be sure to check out the book's Appendix 2 where you’ll find the bios of these 67 interviewed CEOs along with key facts about each – including their milestone leadership impacts on their respective organizations. Take the mindset of “be bold”, for example. Viewed through this lens, we hope any leader will find it helpful.

CEO 65

CEO Banking Learning-by-Doing McKinsey 65

Eric Jacobson

DECEMBER 31, 2022

Be sure to check out the books’ Appendix 2 where you’ll find the bios of these 67 interviewed CEOs along with key facts about each – including their milestone leadership impacts on their respective organizations. Take the mindset of “be bold”, for example. Viewed through this lens, we hope any leader will find it helpful.

CEO 65

CEO Banking Learning-by-Doing McKinsey 65

In the CEO Afterlife

JUNE 10, 2015

As a critical success factor, strategy turned into a lucrative industry for a host of consulting firms such as McKinsey & Company , and the Boston Consulting Group. For example, we know that a great strategy without great execution isn’t worth the paper it’s written on. This decree is nonsense. Most leaders and managers know this.

Strategy 100

Strategy Critical Success Factor McKinsey Retail 100

HR Digest

NOVEMBER 20, 2020

Behaviors like emotional intelligence, communication, and adaptability are examples. Coding, budgeting, and marketing operations are examples. Senior leaders and staff benefit from enhancing their technical knowledge with natural and learned behaviors like empathy or leadership. These skills are better together.

Skills 145

Skills Emotional Intelligence CFO Power 145

CO2

JANUARY 15, 2020

Getting Honest Feedback From Your Coach It’s hard for CEOs to improve their leadership because they rarely get candid feedback from their subordinates who fear possible retribution. It takes considerable effort to recognize when someone is operating from a different mental model than yours. This is why hire an executive coach!

Executive Coaching 78

Executive Coaching Execution Welch Self-aware 78

CO2

JANUARY 15, 2020

Getting Honest Feedback From Your Coach It’s hard for CEOs to improve their leadership because they rarely get candid feedback from their subordinates who fear possible retribution. It takes considerable effort to recognize when someone is operating from a different mental model than yours. This is why hire an executive coach!

Executive Coaching 78

Executive Coaching Execution Welch Self-aware 78

CO2

JANUARY 15, 2020

It’s hard for CEOs to improve their leadership because they rarely get candid feedback from their subordinates who fear possible retribution. It takes considerable effort to recognize when someone is operating from a different mental model than yours. 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

The Practical Leader

SEPTEMBER 28, 2011

This leads to sizeable cost overruns, missed deadlines, disrupted operations, unhappy customers, and stressed out employees. Reporting on the largest global study of IT change ever conducted (1,471 projects), an Oxford University Said Business School professor and McKinsey & Co.

Project 55

Project McKinsey Emotional Intelligence Price 55

Chartered Management Institute

DECEMBER 2, 2013

At the C-suite, businesses need not only a data analytics strategy, but a data-analytics culture, researchers from McKinsey have concluded. It often helps if the executive in charge is not from IT, but from operations or marketing, and that there are close links with customer-facing and other operational roles.

Leadership Styles 83

Leadership Styles Human Capital Ethics McKinsey 83

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

Leading Blog

FEBRUARY 10, 2023

McKinsey partners Venkat Atluri and Miklós Dietz illuminate that change in The Ecosystem Economy. Sectors like construction, real estate, automotive manufacturing, financial services, and health care have been thought of as distinct categories, each operating in its own spheres. And this is basically how we think of business today.

Supply Chain 311

Supply Chain Real Estate Automotive McKinsey 311

Eric Jacobson

MAY 25, 2016

To achieve " connected leadership " you must: Map your world -- Analyze stakeholders as precisely as your customers, understand trends and discontinuitites, and quantify the value at stake from external relationships. Question: What’s an example or two of a company in the news today that could have benefited from a CONNECT approach?

Company 50

Company Competitive Advantage Open-book Long-term 50

Marshall Goldsmith

NOVEMBER 4, 2013

The changing role of leadership will mean that the relationship between managers and direct reports will have to change in both directions. Many leaders will be operating more like the managing director of a consulting firm. The challenge of leadership is growing. Employee Engagement Leadership' Partnering with suppliers.

Short-term 107

Short-term Long-term Trends Telecommunications 107

Persuasive Powerhouse

JANUARY 19, 2011

With a lot of wisdom and good things to say about leadership – hop over to his blog and be sure to subscribe. The navy’s leadership knew training everyone to replace anyone was a core success and survival factor. He regularly blogs about leadership on The thoughtLEADERS Blog. We had a similar mindset during my army days.

Training 257

Training Blog Greenleaf Maslow 257

Leading Blog

NOVEMBER 3, 2023

That’s a shame because the aviation industry as a whole still continues to be an industry model for how to operate with extremely high reliability despite having a highly fragmented set of organizational entities. The biggest challenge for companies when it comes to operational excellence is siloed behavior. Recall how the U.S.

Industry 271

Industry Stage-Gate Organization Company 271

Marshall Goldsmith

MAY 19, 2013

” The traditional hierarchical model of leadership will not work effectively for major organizations in tomorrow’s changing world. Many organizations have historically operated on the “there is one best way” school of management. A classic example was the old Bell System. Figure 23.1.

Follow-up 147

Follow-up Learning-by-Doing Wireless Drucker 147

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

JANUARY 22, 2015

Despite studies showing that succession is an essential part of strategic planning, many companies ignore leadership development to focus on more immediate challenges. Establish a set of clear and defined leadership competencies , so HR and other stakeholders know whom to fast track for leadership. For example, when a U.S.

Leadership Development 8

Leadership Development Development Leadership Leadership Pipeline 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.

Company 8

Company McKinsey Short-term Long-term 8

Harvard Business Review

JUNE 14, 2017

According to academic estimates , the baseline for effective corporate leadership is merely 30%, while in politics, approval ratings oscillate between 25% and 40%. 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 14

McKinsey Self-aware Motivation Report 14

Harvard Business Review

AUGUST 8, 2018

According to research by McKinsey , up to half of new-leader transitions fail within two years. Lateral relationships will vary by industry, but let’s take one example. Instead, it’s to select an initial success that motivates the team, can be achieved quickly, and delivers operational or financial results.

Learning Curve 11

Learning Curve McKinsey Goal Planning 11

Harvard Business Review

OCTOBER 17, 2012

Innovation, in operations, products, business models and ecosystems, isn't merely a competitive advantage, it's the competitive advantage. In one recent McKinsey study, only 24% of respondents felt that their company wouldn't benefit from a more robust pipeline of new ideas. Innovation is the only insurance against irrelevance.

Innovation 15

Innovation Process Competitive Advantage McKinsey 15

Harvard Business Review

MARCH 8, 2016

Political representation, for example, has made great strides in the 10 years covered in the study. And it’s been shown that once women attain leadership roles, the number of women serving in senior positions starts to rise. Multiple studies have made the business case for more women in leadership roles in the workplace.

Diversity 8

Diversity Report Globalization McKinsey 8

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

DECEMBER 20, 2011

Running a country calls for a sophisticated array of leadership skills — from shaping strategy to building a team to managing day-to-day operations. But whether we're talking about Romney or not, it's important to question whether consulting is good preparation for leadership.

Consultative 15

Consultative Management Welch Objective 15

Harvard Business Review

DECEMBER 21, 2016

But, according to McKinsey research , only 16% of merger reorgs fully deliver their objectives in the planned time, 41% take longer than expected, and in 10% of cases, the reorg actually harms the newly-formed organization. The acquiring company wished to retain its operating approach and replicate it within the newly acquired business.

Process 8

Process McKinsey Due Diligence Cost 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.). employee interaction and co-operation.

Management 40

Management CRM Objective Human Resources 40

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. Adaptable Processes Identify and modify key business processes, policies, and procedures to align with the new ways of operating.

Content 8

Content Katz Forrester Budgeting 8