Rich Gee Group

OCTOBER 8, 2023

Artificial Intelligence (AI) has become a game-changing force in today's rapidly evolving digital landscape, transforming industries and businesses globally. A report by McKinsey Global Institute estimates that AI could add $13 trillion to the global economy by 2030.

Supply Chain 195

Supply Chain Ethics Case Study Handbook 195

First Friday Book Synopsis

JANUARY 26, 2011

Here is another outstanding interview in the McKinsey Conversations with Global Leaders series.

McKinsey 80

McKinsey Globalization Download Video 80

Strategy Driven

NOVEMBER 20, 2023

A McKinsey survey found that 82% of companies don’t believe they recruit highly talented people, and only 7% think they can retain top talent once hired. Employees often find motivation in working for companies that are at the forefront of their industry, offering opportunities to work on innovative projects and solutions.

Operations 120

Operations Loyalty Efficiency Human Capital 120

First Friday Book Synopsis

NOVEMBER 26, 2013

Here is a brief excerpt from an article co-authored by ‘Tunde Olanrewaju and Paul Willmott for the McKinsey Quarterly, published by McKinsey & Company.

McKinsey 75

McKinsey Industry Technology Blog 75

The Horizons Tracker

MAY 30, 2023

A global survey of nurses undertaken by the consultancy firm McKinsey in the summer of 2022 highlighted the perilous state of the sector. To do so will require a rethink about how nurses are portrayed both in the media and in communication between the industry and the wider public.

Participative 115

Participative McKinsey Engineering Survey 115

Lead Change Blog

OCTOBER 4, 2017

Research conducted by McKinsey and Company found the customer experience, the more likely they will be to return and directly refer you to others. But, perhaps the biggest factor shaping customer expectations are exceptional service experiences they have received which can span across all industries. Is your website as easy as Amazon?

Customer Loyalty 228

Customer Loyalty Forrester Loyalty McKinsey 228

Experience to Lead

JANUARY 29, 2024

Each episode features in-depth interviews with renowned leaders, authors, and thinkers from various industries, providing a diverse range of perspectives. The podcast is available on major platforms including Spotify and Apple Podcasts, as well as on the McKinsey Insights app.

Emotional Intelligence 52

Emotional Intelligence Blanchard Leadership McKinsey 52

First Friday Book Synopsis

JUNE 19, 2013

Here is a brief excerpt from an article written for The McKinsey Quarterly, published by McKinsey & Company, in which Paul Willmott explains why Board members should raise nine critical questions when discussing technology strategy with IT and business managers. How will IT change the basis of competition in our industry?

Technology 75

Technology McKinsey Industry Strategy 75

Lead Change Blog

MAY 16, 2018

Every industry is in the process of transformation. A McKinsey Global Institute report on future of the workforce shows that between 75 million and 375 million people globally will have to change their occupation and acquire new skills by the year 2030. Traditional jobs are disappearing and new roles are coming up.

Management 261

Management Agility How To McKinsey 261

HR Digest

JUNE 16, 2023

Anu Madgavkar, a partner at the McKinsey Global Institute, an economic research hub, agrees. Legal industry jobs AI can replicate some of the work that paralegals and legal assistants do, though they aren’t entirely replaceable. Language oriented roles like these are susceptible to automation.

Software 98

Software Finance Advertising McKinsey 98

Strategy Driven

AUGUST 11, 2023

McKinsey & Company’s report underscores that robust client communication strategies breed customer retention and positive referrals. Tap into the wisdom of colleagues and industry experts for insightful recommendations. This transforms interactions into enduring relationships, where clients evolve into loyal advocates.

Training 116

Training Active Listening Bond McKinsey 116

N2Growth Blog

NOVEMBER 15, 2022

There are many reasons why executive coaching is necessary for executive leaders who want to take their talents to the next level and for organizations that want to be industry disruptors that can weather any storm. Is executive coaching simply a “nice to have,” or is it vital for today’s global leaders?

Executive Coaching 318

Executive Coaching Execution Self-aware Company 318

Leading Blog

JANUARY 9, 2019

Authors Acha Leke, Mutsa Chironga and Georges Desvaux of McKinsey and Company, take a different view in Africa’s Business Revolution. I N THE WESTERN WORLD, we often do not have an accurate picture of Africa as a growing marketplace. We frequently imagine a continent of villages and stories of corruption and violence dominate our perspective.

How To 257

How To Long-term Short-term Business Model 257

Lead Change Blog

OCTOBER 4, 2017

Research conducted by McKinsey and Company found the customer experience, the more likely they will be to return and directly refer you to others. But, perhaps the biggest factor shaping customer expectations are exceptional service experiences they have received which can span across all industries. Is your website as easy as Amazon?

Customer Loyalty 150

Customer Loyalty Forrester Loyalty McKinsey 150

The Horizons Tracker

MARCH 15, 2022

Indeed, McKinsey recently argued that one of the few plus points from the pandemic was it reinforced the importance of building change capabilities within our organizations. Our global assessment showed no significant differences of future readiness of SMEs at the regional or the industry level,” the authors say.

Company 129

Company Hofstede Supply Chain Agility 129

HR Digest

SEPTEMBER 16, 2023

McKinsey surveyed inpatient registered nurses and found an intent to leave their workplace rising from 35 percent in 2022 to 40 percent in 2023, highlighting an ongoing trend in the labor force. The report cited that the inflation still trailing us from last year could be one of the reasons for the burgeoning expenses of health plans at work.

Cost 85

Cost Pharmaceuticals Price Planning 85

The Center For Leadership Studies

NOVEMBER 23, 2020

3 This reality has been repeated in multiple industries in recent years. McKinsey & Company. With that in mind, allow me to share five reasons why leaders need Emotional Intelligence training: Emotionally intelligent leaders increase retention numbers and directly influence engagement scores. Emotional Intelligence is the key.

Emotional Intelligence 98

Emotional Intelligence Training Goleman McKinsey 98

HR Digest

MAY 24, 2023

According to its proponents, there are certain human resource laws and regulations that support companies in reaching a competitive advantage regardless of the organizational setting or industry. McKinsey predicts 9 out of 10 organizations will be combining remote and on site working in the coming years.

Succession 64

Succession Software Guidelines Human Resources 64

HR Digest

SEPTEMBER 14, 2023

Resources indicate that the term “employee relations” started to gain popularity around 2006 when, according to CIDP , the meaning began to shift from the industrial relations understanding of employees as a collective whole , and instead emphasize the focus on individual employees.

Schein 98

Schein Industry Long-term Automotive 98

The Horizons Tracker

SEPTEMBER 26, 2023

In The Ecosystem Economy , McKinsey’s Venkat Atluri and Miklos Dietz paint a picture of the future of education that will see the ways in which we learn transformed. This shift is underlined by research from Cardiff University, which suggests that so-called ‘job readiness’ is a bigger factor than one’s credentials.

Education 119

Education Learning-by-Doing Skills McKinsey 119

Experience to Lead

JANUARY 25, 2022

We know that no matter your industry, you’ll find invaluable insights in our blogs, as well as in the 10 that we’ve highlighted below. The McKinsey Podcast. Great for business and management insights from leading experts at McKinsey. Both blogs offer powerful stories and resources relevant to today’s leaders and organizations.

Blog 52

Blog Leadership McKinsey Globalization 52

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 industry directly employs more than 11 million people with varying capabilities around the world. In the U.S.,

Industry 272

Industry Stage-Gate Organization Company 272

First Friday Book Synopsis

JANUARY 19, 2012

Here is an excerpt from still another outstanding article, written by Oliver Alexy and Markus Reitzig, featured online by The McKinsey Quarterly (January 2012), and published by McKinsey & Company.

McKinsey 114

McKinsey Innovation Management Article 114

HR Digest

JANUARY 6, 2024

Image courtesy — JP Morgan Chase & Co website ) 3-Day Workweek: Jamie Dimon on Future of Work Dimon’s AI predictions and ponderings on the future of work indicate his strong belief in AI expansion and its applications across industries. It’s a living, breathing thing. trillion to $5.8 trillion in annual value.

Hedge 52

Hedge McKinsey Technology Learning-by-Doing 52

First Friday Book Synopsis

SEPTEMBER 2, 2013

Robertson, the author of BRICK BY BRICK: HOW LEGO REWROTE THE RULES OF INNOVATION AND CONQUERED THE GLOBAL TOY INDUSTRY? That’s the book I present on Friday, September 6 at the First Friday Book Synopsis in Dallas. You can register here. I found this biography on […].

McKinsey 70

McKinsey Globalization Blog Books 70

HR Digest

NOVEMBER 4, 2023

industries and it emphasizes the importance of the retention process in HR. Analyze hiring practices by competitors and see what benefits they offer Keep an eye on research reports that are put out by organizations like Deloitte, McKinsey, SHRM, etc. Employees stay with organizations that care about them and help them grow.

Process 59

Process Attrition Trends Training 59

HR Digest

SEPTEMBER 29, 2023

In addition to the employee disengagement statistics, McKinsey ’s research has indicated that disengagement and any resulting attrition could cost a median-size S&P 500 company between $228-$355 million a year in lost productivity. Is the Remote Work Impact Really That Significant?

Attrition 97

Attrition Trends McKinsey Survey 97

Harvard Business Review

MARCH 6, 2024

Companies that make the decision to put marketing at the core of their growth strategy outperform the competition, according to McKinsey research. Specifically, both B2C and B2B companies who view branding and advertising as a top two growth strategy are twice as likely to see revenue growth of 5% or more than those that don’t (67% to 33%).

Marketing 28

Marketing Strategy B2C B2B 28

N2Growth Blog

SEPTEMBER 28, 2020

Impact on their industry and in the broader communities they serve. Prior to joining Microsoft in 2003, Hogan was a partner at McKinsey & Co. In 2013 she left Netflix to become head of human resources at Coursera, and, later, Chief People Officer at Scopely, a leading player in the mobile gaming industry.

Human Resources 469

Human Resources Globalization Diversity Resources 469

Coaching Tip

MAY 7, 2012

When McKinsey & Co. asked senior executives at 60 big companies recently why they are trying to advance women, "they laughed at us," says Dominic Barton, McKinsey's global managing director. The McKinsey study shows women in general opt at far higher rates than men for staff jobs, sometimes labeled "the pink ghetto."

McKinsey 112

McKinsey Leadership Career Diversity 112

ExactHire - Leadership

MAY 5, 2021

In 2015, McKinsey and Company found that companies with a diverse workforce performed 15 to 35 percent better than the national industry median. McKinsey followed up with a 2018 report that echoed the finding of the first: diversity is good for the bottom line. Diversity in the workplace is good for the bottom line.

Diversity 111

Diversity Compliance McKinsey Bottom-up 111

HR Digest

DECEMBER 19, 2023

It is also quite possible that AI’s impact on employment could perhaps be reversed, potentially creating 133 million new job roles to suit the new world of labor, according to an estimate by the World Economic Forum , as reported by McKinsey.

Tools 52

Tools Early Adopters GDP Report 52

Great Leadership By Dan

JUNE 11, 2020

Guest post by Chuck Swoboda : As increasing competition, new technologies and evolving customer expectations continue to disrupt nearly every industry, business leaders are turning to innovation as a way to keep their companies relevant. The standard solution is to create teams that focus explicitly on innovation. The problem? Why is that?

Innovation 227

Innovation Team How To Uncertainty 227

First Friday Book Synopsis

MAY 12, 2012

Here is a brief excerpt from another outstanding article, co-authored by Aaron De Smet, Johanne Lavoie, and Elizabeth Schwartz Hioei, and featured online by The McKinsey Quarterly, published by McKinsey & Company. [.].

McKinsey 80

McKinsey Development How To Article 80

HR Digest

FEBRUARY 7, 2022

Training Industry research found that over half of learning and development (L&D) professionals have retooled or repurposed learning programs in response to the Pandemic. According to Mckinsey & Company , “Leaders have an essential role to play in developing solutions to tackle these challenges.” Training Remote Managers.

Efficiency 105

Efficiency Operations Training Diversity 105

Eric Jacobson

NOVEMBER 3, 2022

On the flipside, CEOs whose companies rank in the top 20% of financial performance in their industries are generating 2.8 It’s also a critically timely must-read, when you consider that 30% of Fortune 500 CEOs last fewer than three years in the role, and two out of five new CEOs are deemed to be failing within 18 months.

CEO 104

CEO Banking Learning-by-Doing McKinsey 104

Skip Prichard

AUGUST 2, 2019

I had the opportunity to speak with Charles Conn and Robert McLean, two McKinsey alums who share a seven-step systematic approach to creative problem solving that will work in any field or industry. Winning organizations now rely on nimble, iterative problem solving, rather than the traditional planning processes. 2: Disaggregate.

Disaggregation 79

Disaggregation McKinsey Skills Gordon 79