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Learning & Development’s Role in Operational Efficiencies in 2022

HR Digest

In fact, it were the L&D teams that were instrumental in bringing about wider acceptance of innovative measures, processes and strategies, including reimagining how employees learn to work in a digitized world. According to Mckinsey & Company , “Leaders have an essential role to play in developing solutions to tackle these challenges.”

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Eight Essential Questions for Every Corporate Innovator

Harvard Business Review

One of the first, and most lasting, pieces of career advice I received came from Linda Bush, my first project manager when I was a wee pup working at McKinsey & Company. Research by Hal Gregersen and Jeffrey Dyer in fact shows that questioning is one of the behaviors that successful innovators share. It is the innovator’s job.

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Improving Innovation in Africa

Harvard Business Review

New research , funded by the Tony Elumelu Foundation and conducted by my team at the African Institution of Technology , shows that within Africa, innovation is accelerating and the continent is finding better ways of solving local problems, even as it attracts top technology global brands. Opportunity is on the rise in Africa.

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Here’s a Better Way for Companies to Tackle Big Social Problems

Harvard Business Review

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.

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The Barriers to Recruiting and Employing Digital Talent

Harvard Business Review

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.

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Social Media's Productivity Payoff

Harvard Business Review

On the contrary, they may become the most powerful tools yet developed to raise the productivity of high-skill knowledge workers — the kind of workers who help drive innovation and growth, and who are going to be in increasingly short supply. The total potential value at stake in these sectors is $900 billion to $1.3 trillion annually.

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Three Cases of Better Corporate Philanthropy

Harvard Business Review

No wonder that a 2008 McKinsey survey found that only 20% of senior executives believe that their corporate philanthropy is effective in achieving social goals. The Nike Foundation also leans on its expertise in innovation and scale to find solutions to poverty, while keeping its operations separate from the business.