Harvard Business Review

FEBRUARY 7, 2017

Companies deliver superior results when executives manage for long-term value creation and resist pressure from analysts and investors to focus excessively on meeting Wall Street’s quarterly earnings expectations. This has long seemed intuitively true to us. The returns to society and the overall economy were equally impressive.

Long-term 8

Long-term EPS Short-term Management 8

Harvard Business Review

MAY 3, 2016

HBS Executive Education brings you these articles about business management courtesy of Harvard Business School Working Knowledge. Reducing customer attrition, or “churn” in marketing parlance, often involves offering incentives such as discounts to individuals identified as likely to defect. Sunil Gupta, the Edward W.

Education 8

Education Execution Wireless Content 8

Harvard Business Review

OCTOBER 25, 2011

Michael Mauboussin of Legg Mason Capital Management, Dominic Barton of McKinsey, and Charles Elson of the University of Delaware have addressed the topic in this forum. Most CEOs would likely agree that managing for the long term is the right thing to do. The subprime mortgage debacle demonstrated this point convincingly.

Short-term 12

Short-term Long-term Incentives Objective 12

Harvard Business Review

FEBRUARY 21, 2017

Recent McKinsey research showed that senior executives have a low level of satisfaction (an average of only 30%) in their corporate functions across the board. Corporate legal may hire outside counsel to help, but they manage the relationship. ” or “Why is HR’s answer always Our rules don’t allow that ?”

Outsourcing 8

Outsourcing McKinsey Conference Cost 8

Harvard Business Review

JANUARY 16, 2013

It's in areas of the company such as knowledge management, innovation, communication, and better integration with the supply chain. The McKinsey Global Institute estimates that this change alone can improve employee productivity by up to 25%. McKinsey estimates that only 6% of companies have truly integrated Enterprise 2.0

Media 8

Media McKinsey Supply Chain Telecommunications 8

Harvard Business Review

FEBRUARY 27, 2012

The global economy and the Internet have heightened our sense of interconnectedness and sharpened our awareness that when a business focuses only on enriching investors, it implies that managers view the interests of customers, employees, communities and the fate of the planet as little more than cost trade-offs in a quarter-by-quarter game.

Short-term 14

Short-term Long-term Ethics Incentives 14

Harvard Business Review

OCTOBER 17, 2018

New research from the McKinsey Global Institute simulates the potential global macroeconomic impact of five powerful technologies (computer vision, natural language, virtual assistants, robotic process automation, and advanced machine learning). But how will AI impact the economy in broad terms? A race between firms.

GDP 8

GDP McKinsey Long-term Technology 8

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 8

Content Katz Forrester Budgeting 8

Harvard Business Review

FEBRUARY 20, 2018

Generation , a 3-year old non-profit created by McKinsey, uses a bootcamp model to train and place underserved youth in careers in over 63 cities and across 20 professions. The first step is for employees to identify the skills they need through counseling with trained managers. The stakes are high and the time is right.

Company 8

Company Training Technology McKinsey 8

Harvard Business Review

SEPTEMBER 26, 2011

But three years after the financial crisis broke, I remain more convinced than ever that the fundamental cure for restoring economic growth and repairing societal trust in business is to deepen our ability to manage companies for the long term. Here again, CEOs can and should manage that process actively.

Long-term 8

Long-term CEO Short-term McKinsey 8

Harvard Business Review

NOVEMBER 23, 2012

Just a few weeks ago Harvard Business Review and McKinsey & Co. The M-Prize's overall goal is to "surface the world's most progressive management practices and most provocative management ideas" and connect and celebrate individuals reinventing management. Portfolio management. Rewards and incentives.

Case Study 8

Case Study Uncertainty McKinsey Innovation 8

Harvard Business Review

JULY 2, 2012

When I ask managers this question, most respond with a chagrined: "Not very confident.". McKinsey & Co. While this metric seals deals, it provides little incentive to fight for the highest prices. There are three reasons why "better pricing" should be your company's top priority.

Price 13

Price Strategy P&L Incentives 13

Harvard Business Review

OCTOBER 29, 2012

Delivering Large-Scale IT Projects on Time, on Budget, and on Value (McKinsey Quarterly). First, don't just focus on the budget and the schedule; make sure you're also managing strategy and key stakeholders. Third, make sure the teams working on the project have incentives that are aligned with the project's goals. Scary stuff.

GDP 8

GDP McKinsey Budgeting Bottom-up 8

Harvard Business Review

MAY 22, 2012

Along with our partners at HBR and McKinsey, we're delighted to announce those finalists today (in alphabetical order): Progress Out of Poverty: Business Intelligence for Those in the Business of Helping the Poor. Management Innovation According to Nature's Genius. Hacking Executive Compensation with Dynamic Incentive Accounts.

McKinsey 8

McKinsey Innovation Diversity Long-term 8

Harvard Business Review

OCTOBER 20, 2016

Twenty–30% of the working age population do some form of independent work, according to McKinsey’s Global Institute , and that share is growing rapidly. Beyond that core, however, companies face powerful economic and market incentives to keep full-time employee headcount low.

Katz 8

Katz Disaggregation McKinsey Outsourcing 8

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. Tesco, Unilever, BT, Eversheds, and the National Grid are all on board.

Diversity 15

Diversity McKinsey Incentives Proposal 15

Harvard Business Review

JULY 15, 2015

McKinsey’s analysis shows that 30% of social media users prefer social care to phoning customer service. Some retailers have been able to increase sales conversions 10-15% by tailoring their social media content based on customers’ previous purchases, according to McKinsey research. in the past two years.

CRM 8

CRM Company Airlines Guidelines 8

Harvard Business Review

DECEMBER 4, 2018

Likewise, where mechanical engineers once predominated, the original equipment manufacturers (OEMs) are increasingly looking for software engineers, energy management experts, and data scientists able to build electric and self-driving vehicles. To that end, Trump called on GM to close one of its plants in China.

Industry 8

Industry Technology Engineering Automotive 8

Harvard Business Review

AUGUST 15, 2014

Both cite a McKinsey survey which, ironically, found that “Organizations’ efforts to go digital. Another McKinsey survey , conducted in 2011, found then that the average company with more than 1,000 employees already had more data in its CRM system than in the entire Library of Congress. are picking up steam.”

Media 8

Media ROI McKinsey Survey 8

Harvard Business Review

JANUARY 11, 2017

To appreciate how significant simply identifying an ethical dilemma is, consider the choice of Rajat Gupta, the former managing director of McKinsey & Company, to call a billionaire hedge fund trader after a Goldman Sachs board meeting. When Tough Performance Goals Lead to Cheating. Colm Healy and Karen Niven.

Ethics 8

Ethics Training Biotechnology Morale 8

Harvard Business Review

AUGUST 12, 2011

As John Rotenstein describes in his story about Atlassian's "open information culture" (you can find it on the MIX , where he is a finalist for the HBR/McKinsey Management 2.0 Read more examples, rate the finalists, and learn how you can enter the Harvard Business Review/McKinsey M-Prize for Management Innovation at the MIX.

McKinsey 12

McKinsey Banking Mission Statement Document 12

Harvard Business Review

JANUARY 22, 2015

And it confuses young, promising managers about what skills and behaviors they need to develop to advance their careers. This investment can take the form of enhanced development opportunities, such as special assignments or training, rewards and incentives, greater authority, additional resources, and increased feedback.

Leadership Development 8

Leadership Development Development Leadership Leadership Pipeline 8

Harvard Business Review

JANUARY 1, 2014

Rahul and Noelle both made the transition into public service through Fuse Corps—a social sector start-up launched in 2011 with the support of companies like McKinsey, GE, and Starbucks to provide a pathway for talented professionals who wish to contribute to the public sector but don’t know where to begin.

Entrepreneur 8

Entrepreneur Politics Budgeting Policies 8

Harvard Business Review

FEBRUARY 13, 2013

But this is only possible if the senior executives of our leading institutions are what Dominic Barton, Worldwide Managing Director of McKinsey & Company, refers to as "tri-sector athletes" — leaders able to engage and collaborate across all three sectors. Transferable skills. Contextual intelligence. Integrated networks.

Globalization 8

Globalization Career McKinsey Strategic Planning 8

Harvard Business Review

DECEMBER 22, 2016

During a recent visit to the Managing Service Operations course I teach to MBA students at Harvard Business School , McDonald reflected on the lessons he had learned at VA and their significance for service transformation both inside and outside the public sector. .”

Six Sigma 8

Six Sigma Learning-by-Doing Crisis Kotter 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. A public commitment to such an effort creates an incentive to follow through. But awareness of the challenges is the first step toward managing them.

Goal 8

Goal Supply Chain Development Globalization 8

Harvard Business Review

MARCH 3, 2015

But few have measures or even have accountable managers in place for their social media investments, and only 7% say their organizations “understand the exact value at stake from digital.” ” Companies measure the market results of their sales investments. ” Meanwhile, according to a Gallup survey , 62% of U.S.

Media 8

Media Advertising Public Relations Forrester 8

Harvard Business Review

DECEMBER 18, 2012

A GreenBiz report indicated that progress had slowed or even regressed, but MIT and BCG also declared that sustainability had reached a "tipping point" with more companies putting sustainability "on the management agenda.". The green supply chain gets some teeth: Walmart changes incentives for buyers. In reality, both views were right.

Supply Chain 8

Supply Chain Constraint P&L Energy 8

Harvard Business Review

APRIL 27, 2015

In a McKinsey poll , 94% of the managers surveyed said they were dissatisfied with their company’s innovation performance. Over the past two decades, we’ve led dozens of innovation projects and have talked to thousands of managers about the challenge of building a high-performance innovation “engine.”

Innovation 8

Innovation Company Engineering Supply Chain 8