CO2

APRIL 1, 2022

In fact, long-term business viability depends on it. A recent survey conducted by McKinsey found that 42% of millennial and Gen Z consumers cited purpose as the primary reason they switched brands. Many corporate visions also don’t provide a clear way to know if you’ve reached your goal because they lack tangible metrics.

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

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." Innovating Innovation. Vote on your favorite challenges.

Innovation 8

Innovation McKinsey Management Proposal 8

Harvard Business Review

DECEMBER 4, 2017

We then virtually convened the project’s advisers for a roundtable discussion about what they viewed as the major issues raised in the interviews, and their own counsel for executives wishing to create long-term value through a sustainable business agenda. But then more pressingly, I think, he talks about the need for system change.

Project 8

Project Advice Henderson Short-term 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. The current model is not working.

Company 8

Company McKinsey Short-term Long-term 8

Harvard Business Review

JANUARY 11, 2016

In our experience at McKinsey, creating this ideal partnership usually requires the CFO to become more directly and deeply involved in strategy development. Working together, finance and strategy executives can forge better links between resource allocation and strategic goals. Embracing the long-term view.

Strategy 8

Strategy CFO Finance Short-term 8

Harvard Business Review

AUGUST 16, 2017

Short-term rewards too often take precedence over the longer-term interests and viability of a company. It’s time for sustainability to be a real goal for businesses striving to ensure a competitive future. Global Managing Partner, McKinsey & Co. Climate Change on HBR.org. by Forest L. by Andrew Winston.

Project 8

Project Henderson Supply Chain Short-term 8

Harvard Business Review

MAY 9, 2012

For more than two years, we and others have been talking about the need to shift the prevailing view among managers, boards of directors and investors from "quarterly capitalism" to what we call "capitalism for the long term". There can be no contradiction, or so the theory goes.

Marketing 11

Marketing Power Short-term Long-term 11

Harvard Business Review

MARCH 22, 2012

In China, both multinational and Chinese companies are finding their dramatic growth goals constrained by the challenges of finding capable leaders at both the senior and middle management levels. Here are a few suggestions for turning multicultural career goals into action: 1. Find environments that encourage global development.

Globalization 10

Globalization Development Short-term Career 10

Harvard Business Review

APRIL 18, 2017

They will fail not because AI is all hype, but because companies are approaching AI-driven innovation incorrectly. Recent research from McKinsey Global Institute found that 45% of work activities could potentially be automated by today’s technologies, and 80% of that is enabled by machine learning. Related Video.

Insurance 10

Insurance Video Long-term Project 10

Harvard Business Review

JUNE 26, 2013

Walmart is the largest private user of solar power in the country, and has set goals to increase that amount 6-fold by 2020. As Al Gore put it, "The hard truth is that the maximum that now seems politically feasible still falls short of the minimum necessary to actually solve the climate crisis.".

Payback Period 8

Payback Period Energy Politics Efficiency 8

Harvard Business Review

FEBRUARY 27, 2012

This isn't a new challenge, but it's more urgent than ever, not just as an effort to escape reform and regulation from the outside, but to restore the public trust, to repair the moral fabric of the system, and to unleash the innovation required to tackle the world's most pressing and important challenges.

Short-term 15

Short-term Long-term Ethics Incentives 15

Leading Blog

DECEMBER 7, 2022

Smart Growth : How to Grow Your People to Grow Your Company by Whitney Johnson (Harvard Business Review Press, 2022) Growth is the goal. How can you design a successful, sustainable innovation process?—his Innovation doesn’t come from a sprint or a hackathon--it’s a result of maximizing ideaflow. But how do we grow? Blog Post ).

Books 368

Books Leadership P&L Blog 368

Harvard Business Review

DECEMBER 13, 2016

In my experience, nothing has done more long-term damage to promising young companies than focusing on quarterly revenue. Short-term scrutiny leads to short-term moves , activist shareholder shenanigans , and other tricks used to bump up the price of the stock. But beneath the drama lies real danger. The result?

Strategy 8

Strategy Short-term Long-term Metrics 8