The Practical Leader

APRIL 5, 2023

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. The session focused on operational and tactical issues. Nap by PowerPoint. How do you know?

Planning 52

Planning Strategic Planning How To Operations 52

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. Most organizations try to be everything to everybody,” explains Gary Cohen, managing partner at CO2. The good news is that people want to have a purpose in the work they do.

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. Most organizations try to be everything to everybody,” explains Gary Cohen, managing partner at CO2. The good news is that people want to have a purpose in the work they do.

How To 78

How To Long-term Performance Review Mission Statement 78

Eric Jacobson

NOVEMBER 3, 2022

Take the mindset of “be bold”, for example. Secondly, because the leadership lessons are those forged among the highest profile, highest stakes, and most complex leadership positions, we see that many of the lessons also apply to the vast majority of leadership roles. Viewed through this lens, we hope any leader will find it helpful.

CEO 104

CEO Banking Learning-by-Doing McKinsey 104

HR Digest

NOVEMBER 20, 2020

Behaviors like emotional intelligence, communication, and adaptability are examples. Coding, budgeting, and marketing operations are examples. Digital transformation managers. Power skills are long-lasting, transferable across a number of work environments and roles, and can developed. AI and machine learning specialists.

Skills 145

Skills Emotional Intelligence CFO Power 145

HR Digest

DECEMBER 8, 2020

A recent Mckinsey & Company survey shows that since 2015, America has seen only a modest growth in women’s well paid jobs representation in the corporate pipeline. For every 100 men promoted to manager, only 85 women were promoted. . Computer and information systems managers. Human Resource Managers.

Human Resources 52

Human Resources Chemicals Software Engineering 52

Eric Jacobson

MARCH 14, 2022

Take the mindset of “be bold”, for example. Secondly, because the leadership lessons are those forged among the highest profile, highest stakes, and most complex leadership positions, we see that many of the lessons also apply to the vast majority of leadership roles. 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

Take the mindset of “be bold”, for example. Secondly, because the leadership lessons are those forged among the highest profile, highest stakes, and most complex leadership positions, we see that many of the lessons also apply to the vast majority of leadership roles. 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

Take the mindset of “be bold”, for example. Secondly, because the leadership lessons are those forged among the highest profile, highest stakes, and most complex leadership positions, we see that many of the lessons also apply to the vast majority of leadership roles. 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

Take the mindset of “be bold”, for example. Secondly, because the leadership lessons are those forged among the highest profile, highest stakes, and most complex leadership positions, we see that many of the lessons also apply to the vast majority of leadership roles. Viewed through this lens, we hope any leader will find it helpful.

CEO 65

CEO Banking Learning-by-Doing McKinsey 65

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

They can sound geeky, but they are developments that every manager needs to understand. At the C-suite, businesses need not only a data analytics strategy, but a data-analytics culture, researchers from McKinsey have concluded. It can be mis-used – for example for ‘snooping’ on customers or staff.

Leadership Styles 83

Leadership Styles Human Capital Ethics McKinsey 83

CO2

JANUARY 15, 2020

CEOs constantly deal with “people issues” because, as David Larcker, professor at Stanford Graduate Business school, said , “Conflict management is critical in the CEO role — just about anything that gets to the CEO’s desk has an element of pleasing someone and making someone else unhappy.” All these reasons have to do with people.

Executive Coaching 78

Executive Coaching Execution Welch Self-aware 78

CO2

JANUARY 15, 2020

CEOs constantly deal with “people issues” because, as David Larcker, professor at Stanford Graduate Business school, said , “Conflict management is critical in the CEO role — just about anything that gets to the CEO’s desk has an element of pleasing someone and making someone else unhappy.” All these reasons have to do with people.

Executive Coaching 78

Executive Coaching Execution Welch Self-aware 78

CO2

JANUARY 15, 2020

CEOs constantly deal with “people issues” because, as David Larcker, professor at Stanford Graduate Business school, said , “Conflict management is critical in the CEO role — just about anything that gets to the CEO’s desk has an element of pleasing someone and making someone else unhappy.” All these reasons have to do with people.

Executive Coaching 78

Executive Coaching Execution Welch Self-aware 78

Strategy Driven

JULY 13, 2011

While you can find numerous books focused on the topic of corporate finance, few offer the type of information managers need to help them make important decisions day in and day out. Examines ways to maintain and grow value through mergers, acquisitions, and portfolio management.

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

Marshall Goldsmith

NOVEMBER 4, 2013

Internal partnerships include direct reports, co-workers and managers. Managers of knowledge workers – people who know more about what they are doing than their mangers must be good partners. Partnering with managers. Many leaders will be operating more like the managing director of a consulting firm.

Short-term 107

Short-term Long-term Trends Telecommunications 107

The Idolbuster

SEPTEMBER 12, 2012

Harry has the pedigree to back it up: a thirty-year history that includes a stint at McKinsey and management positions at a string of successful companies. For example, he abolished his dedicated parking space. The second part, he explains, is “how you treat people. I try to treat people how I’d like to be treated myself.”

CEO 42

CEO McKinsey Follow-up Consultative 42

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. Apply world-class management to traditionally "soft" societal topics. 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

The Horizons Tracker

JULY 1, 2020

Yet, in the space of a month, telehealth has grown to the point that 90% of primary care appointments were being delivered virtually, with apps being developed to provide remote monitoring of people as they monitor and manage their symptoms of the virus. ” Developing the skills.

Skills 95

Skills Report Technology Long-term 95

Leading Blog

NOVEMBER 3, 2023

Between surging demand, labor shortages, outdated air traffic management, and travel reservation I.T. 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. In the U.S.,

Industry 271

Industry Stage-Gate Organization Company 271

Marshall Goldsmith

MAY 19, 2013

In the “old days,” a person was hired into a position, learned the job, and – usually because of some form of functional proficiency – received a promotion into management. Then, as a manager, this same person could tell a few people what to do. A classic example was the old Bell System.

Follow-up 147

Follow-up Learning-by-Doing Wireless Drucker 147

Persuasive Powerhouse

JANUARY 19, 2011

Mike Figliuolo is the Managing Director of thoughtLEADERS, LLC. He has been a tank platoon leader, a McKinsey consultant, a senior executive, and now runs thoughtLEADERS – a leadership development and training firm. Think of parents, for example. Make it a New Year’s Resolution to identify and groom your replacement.

Training 257

Training Blog Greenleaf Maslow 257

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 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. Of course there is no absolute answer to this question, and examples can be cited to support either side.

Consultative 15

Consultative Management Welch Objective 15

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 9

Bottom-up Operations Training Efficiency 9

Harvard Business Review

JANUARY 5, 2018

For example, in 2009 professors Brian Becker, Mark Huselid, and Richard Beatty estimated that in most companies less than 15% of jobs are what they call strategic positions and said management should focus “disproportionate investments” on finding A players for those jobs. Connectors in the middle. Essential Experts.

McKinsey 8

McKinsey Human Resources Reputation Brand 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

JANUARY 12, 2018

Does a robot manage your money? A study by Deloitte estimated that “assets under automated management” (including hybrid offerings) in the U.S. This would represent between 10% and 15% of total retail financial assets under management. Kearney predicts that assets under “robo-management” will total $2.2

Consultative 8

Consultative Strategy Advice McKinsey 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

JANUARY 18, 2018

McKinsey has been studying what kind of work is most adaptable to automation. Yet the CEO and founder of Fetch Robotics, Melonee Wise, cautions against that way of thinking: “For every robot we put in the world, you have to have someone maintaining it or servicing it or taking care of it.”

Creativity 15

Creativity Strategy Venture Capitalist 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. Another pervasive reason is that senior executives are trained as operators, not innovators. That’s quite a mismatch. It’s not.

Innovation 8

Innovation P&L ROI Long-term 8

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

AUGUST 8, 2018

When Liz was offered a job as a product manager at a growing biotech firm, she was ecstatic. 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. Pgiam/Getty Images. Unfortunately, this is common.

Learning Curve 14

Learning Curve McKinsey Goal Planning 14

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. Winning in the future will require a rigorous approach to accessing and managing independent workers. For instance, 40 percent of U.S.

Content 9

Content Katz Forrester Budgeting 9

Harvard Business Review

JULY 3, 2018

It’s easy to see what countries think they have to gain in these efforts: The Ellen MacArthur Foundation , McKinsey , and Accenture believe that enabling CEs will lead to trillions of dollars in savings and is a particularly significant step in protecting the environment. Then we looked at how some companies overcame these impediments.

Policies 8

Policies Asset Management Cost Productivity 8