N2Growth Blog

NOVEMBER 15, 2022

Firstly, executive coaching has long been shown to bring ROI to businesses overall, with one study showing that executive coaching produced a 529% ROI and “significant intangible benefits to the business.” This is due to the fact that increasingly, employee values are shifting in the workplace.

Executive Coaching 318

Executive Coaching Execution Self-aware Company 318

HR Digest

NOVEMBER 20, 2020

The big shift in organizational needs and long-term reliance on digital solutions are creating demand for upskilling and reskilling across the globe. Power skills are long-lasting, transferable across a number of work environments and roles, and can developed. Coding, budgeting, and marketing operations are examples.

Skills 145

Skills Emotional Intelligence CFO Power 145

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. Companies also need metrics that indicate the short-, medium-, and long-term health of the business, as shown to the right of the financial metrics.

ROIC 62

ROIC Balanced Scorecard Metrics McKinsey 62

Eric Jacobson

MAY 25, 2016

In order to survive over the long term and gain competitive advantage, companies must learn how to connect profoundly with the world around them -- not only with customers and stakeholders, but also with employees, local communities, politicians, and the environment itself." The life expectancy of a leading U.S.

Company 50

Company Competitive Advantage Open-book Long-term 50

The Horizons Tracker

JULY 1, 2020

It’s shown what can be possible when the ‘burning platform’ is sufficiently hot, but the digital skills of NHS staff remains an enduring challenge, not least in terms of their data literacy. The Data Literacy Index , published in 2018, rated healthcare as the worst performing sector in terms of data literacy of staff.

Skills 96

Skills Report Technology Long-term 96

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. For this reason, margin is one of the best indicators of whether your organization operates according to its corporate purpose.

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

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. For this reason, margin is one of the best indicators of whether your organization operates according to its corporate purpose.

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

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. Even if executives try to prioritize it, innovation often gets crowded out by more “urgent” short-term pressures.

Innovation 8

Innovation P&L ROI Long-term 8

Harvard Business Review

SEPTEMBER 11, 2017

Companies and government agencies often make the mistake of viewing innovation as a set of unconstrained activities with no discipline. In reality, for innovation to contribute to a company or government agency, it needs to be designed as a process from start to deployment.

Process 9

Process Innovation Incubator Committee 9

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. FCLT and McKinsey rely on readily available and machine-readable accounting data to measure myopia.

EPS 8

EPS Metrics Depreciation Short-term 8

Mills Scofield

JUNE 23, 2015

We cherish controversies yet unsettled, problems yet unresolved, doctrines long unchallenged. I was in awe of the power of the Brown community operating not just beyond these gates, but half-way around the world. To borrow Nietzsche’s term, there is no “immaculate perception.” It was a beginning.

Class 70

Class Education Construction McKinsey 70

Mills Scofield

JUNE 23, 2015

We cherish controversies yet unsettled, problems yet unresolved, doctrines long unchallenged. I was in awe of the power of the Brown community operating not just beyond these gates, but half-way around the world. To borrow Nietzsche’s term, there is no “immaculate perception.” It was a beginning.

Class 70

Class Education Construction McKinsey 70

Harvard Business Review

JULY 17, 2017

Despite rapid innovations in data processing and machine learning, many businesses have yet to make the leap from the Industrial Age to the information age, and the gap between technological and organizational progress is widening. Closing this gap requires much more than short-term fixes, like adopting new technologies.

Industry 9

Industry Short-term Planning Long-term 9

Harvard Business Review

OCTOBER 17, 2018

But how will AI impact the economy in broad terms? 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). A faster pace of adoption.

GDP 8

GDP McKinsey Long-term Technology 8

Harvard Business Review

NOVEMBER 30, 2017

Even more striking, new research from the McKinsey Global Institute analyzes firm-level financial results and finds a stark contrast in performance between the biggest U.S. Past work by McKinsey found that inefficiencies in manufacturer-supplier interactions add up to roughly 5% of development, tooling, and product costs in the auto industry.

Supply Chain 8

Supply Chain McKinsey Incentives Bottom-up 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. Engage radically.

Company 8

Company McKinsey Short-term Long-term 8

Harvard Business Review

APRIL 17, 2018

Even companies that claim to have a long-term orientation worry about whether R&D is worth the investment. According to Williamson, a current concern among many institutional investors as well as corporations is that long-term investments in R&D have little payoff. Small Firms Are Not More Innovative.

Long-term 8

Long-term Innovation Technology Stage-Gate 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 13

McKinsey Efficiency Long-term Analysis 13

Harvard Business Review

JANUARY 21, 2016

The United States takes pride in being on the cutting edge of all things digital, and rightly so: American innovations and innovators have led the way. Yet according to recent research from the McKinsey Global Institute, the U.S. We calculate that if the U.S.

Company 8

Company Technology Innovation GDP 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. That needs to change.

Project 8

Project Advice Henderson Short-term 8

Harvard Business Review

NOVEMBER 23, 2012

Just a few weeks ago Harvard Business Review and McKinsey & Co. opened the first leg of their 2012/13 M-Prize challenge: " Innovating Innovation." The concept of portfolio management is not new, but only a small handful of companies have developed sophisticated yet usable systems to manage their innovation portfolio.

Case Study 8

Case Study Uncertainty McKinsey Innovation 8

Harvard Business Review

AUGUST 16, 2017

Short-term rewards too often take precedence over the longer-term interests and viability of a company. We’ve enlisted prominent thinkers and leading CEOs who understand that sustainable business practices are in a company’s long-term interests. How can you make core business operations more sustainable?

Project 8

Project Henderson Supply Chain Short-term 8

Harvard Business Review

APRIL 1, 2016

Recent research from the McKinsey Global Institute (MGI) looked at the state of digitization in sectors across the U.S. They are more likely to use software to manage their back-office operations and customer relationships. They take advantage of e-commerce platforms — and may even operate their own.

Industry 8

Industry Benchmarking Supply Chain Health Care 8

Harvard Business Review

NOVEMBER 20, 2015

First, the global goals campaign represents a significant new opportunity for companies that view emerging and frontier markets as their source of long-term growth. 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.

Goal 8

Goal Supply Chain Development Globalization 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 10

Marketing Power Short-term Long-term 10

Harvard Business Review

JANUARY 20, 2015

New research we conducted at the McKinsey Global Institute found that while this is a very tall order, it could be do-able. This is good news — we can get a long way to the productivity growth we need to support healthy growth without reinventing the wheel in services, manufacturing, and, indeed, government. We disagree.

Globalization 8

Globalization Productivity Products GDP 8

Harvard Business Review

OCTOBER 21, 2016

This can disrupt a firm’s ability to operate on schedule and budget. McKinsey reports that the value at stake from sustainability concerns can be as a high as 70% of earnings before interest, taxes, depreciation, and amortization. ” Improving risk management.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

JANUARY 31, 2013

Second, we see a raft of innovations that will alter how products are designed, manufactured and sold — everything from nanotechnologies to 3D printing. Then, manufacturing's most important role is as a driver of innovation, trade, and productivity. McKinsey has identified more than 20 distinct submarkets in China, for example.

Globalization 8

Globalization Supply Chain Pharmaceuticals McKinsey 8

Harvard Business Review

FEBRUARY 15, 2012

We are delighted to announce the winners of the Beyond Bureaucracy Challenge , the second leg of the HBR/McKinsey M-Prize for Management Innovation. And we received a flood of big ideas and game-changing initiatives and experiments from management innovators in all kinds of organizations around the world. Story by Guy Laurence.

Bureaucracy 11

Bureaucracy Company Agility CIO 11

Harvard Business Review

OCTOBER 19, 2012

Long before "think global, act local" was the conventional wisdom for how corporations should operate in the international interconnected marketplace, we at Children's Television Workshop (CTW), as it was known then, pioneered the development of a flexible global brand. Being Willing To Try New Operating Models.

Globalization 8

Globalization Power Workshop Brand 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 14

Short-term Long-term Ethics Incentives 14

Ask Atma

JANUARY 2, 2011

If the person(s) responsible for managing are able to look at the eighteen points above and determine they are more or less in place, they are operating at the most fundamental or beginner’s level of management. Move towards developing a long-term relationship with a single supplier. employee interaction and co-operation.

Management 40

Management CRM Objective Human Resources 40

Harvard Business Review

DECEMBER 7, 2018

Our research into firms that have succeeded in Africa highlights two essential requirements: the imagination to see the continent’s unmet needs as opportunities for growth, and the long-term commitment to build businesses of meaningful scale. Further Reading. Strategy & Execution BOOK.

Brand 8

Brand Case Study Globalization Marketing 8

Harvard Business Review

MAY 18, 2017

Kaplan’s balanced scorecard or Clayton Christensen’s disruptive innovation. But the article aimed higher, arguing that when corporate leaders invest with short-term results in mind, they put long-term performance at risk. That quality made him (arguably) the quintessential HBR author. Sound familiar?

Management 8

Management Balanced Scorecard NPV Article 8

Harvard Business Review

JULY 5, 2016

In addition to the ones regularly in the news, I have argued earlier in HBR that there is a fundamental crisis unfolding over the longer term: the continent is suffering from a “digital recession” – a loss of momentum in its evolution toward a digital economy. Innovation Hubs Will Fragment. billion R&D fund ).

Safe Harbor 8

Safe Harbor Industry Uncertainty Crisis 8

Leading Blog

DECEMBER 7, 2022

Helping people develop their potential—enabling them to articulate and become the self they want to be, are capable of being, and that best serves them and others in the short and long term—is what we as individuals and leaders strive toward. How can you design a successful, sustainable innovation process?—his Blog Post ).

Books 368

Books Leadership P&L Blog 368

Harvard Business Review

JUNE 13, 2012

We're delighted to announce the winners of the Long-Term Capitalism Challenge , the third leg of the HBR/McKinsey M-Prize for Management Innovation. The athletic apparel giant has also engaged a broad base of partners (and competitors) in innovation toward that goal.

Organization 13

Organization Cooper McKinsey Long-term 13