HR Digest

FEBRUARY 7, 2022

Training Remote Managers. According to Mckinsey & Company , “Leaders have an essential role to play in developing solutions to tackle these challenges.” Managers will increasingly need to take up more innovative roles to manage disparate and dispersed teams. The labor market is skewed in favor of the employee.

Efficiency 105

Efficiency Operations Training Diversity 105

Great Leadership By Dan

JUNE 11, 2020

According to McKinsey , many CEOs struggle to identify people good at innovation -- the “intrapreneurs” within their organizations who possess the rare mix of skills, motivation and attitude to successfully bring new ideas to market. Most organizations reward employees for their ability to manage. Why is that?

Innovation 227

Innovation Team How To Uncertainty 227

First Friday Book Synopsis

AUGUST 25, 2013

Bob''s blog entries "Givers take all: The hidden dimension of corporate culture" "How Do You Create Innovation in Your Business?

Blog 75

Blog ROI Film McKinsey 75

HR Digest

NOVEMBER 4, 2023

While it can feel like a localized issue, such market changes are just as possible in U.S. 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.

Process 59

Process Attrition Trends Training 59

HR Digest

DECEMBER 8, 2020

The number of women in high paying jobs and entering the job market has risen progressively through the years, but there are many hurdles in their journey up the ladder. . For every 100 men promoted to manager, only 85 women were promoted. . Computer and information systems managers. Human Resource Managers.

Human Resources 52

Human Resources Chemicals Software Engineering 52

Chartered Management Institute

DECEMBER 2, 2013

They can sound geeky, but they are developments that every manager needs to understand. At the C-suite, businesses need not only a data analytics strategy, but a data-analytics culture, researchers from McKinsey have concluded. And the tools provided have to be usable and relevant so people will actually enter the data that’s needed.

Leadership Styles 83

Leadership Styles Human Capital Ethics McKinsey 83

Harvard Business Review

FEBRUARY 16, 2012

The job market simply doesn't function the way a market should. Research by the McKinsey Global Institute predicts that by 2020, the U.S. That's why at ManpowerGroup we believe that investment ought to focus on youth, who are now entering the market and who most need training. labor market become more efficient?

Marketing 13

Marketing Restructuring McKinsey Education 13

Harvard Business Review

OCTOBER 30, 2014

Nowhere else in the executive suite of a typical corporation are two functions as closely intertwined as sales and marketing. Yet for all the shared responsibility, the marketing and sales relationship has often been a contentious and lopsided one, with sales dominating in B2B sectors while marketing leads in B2C ones.

Marketing 11

Marketing Guidelines B2C Analysis 11

Harvard Business Review

JUNE 13, 2011

After a decade of painstaking research, we have concluded that American firms are on average the best managed in the world. But while Americans are bad at football (or soccer, as it's known as locally), they are the Brazilians of Management. This has allowed us to create the first global database of management practices.

Management 16

Management Survey Class Lean Production 16

Harvard Business Review

JANUARY 12, 2018

Does a robot manage your money? Robo-advisors, which were introduced in 2008 , are steadily eating up market share from their human counterparts much the way that Amazon and Netflix have taken share from Walmart and Regal Cinemas. This would represent between 10% and 15% of total retail financial assets under management.

Consultative 8

Consultative Strategy Advice McKinsey 8

Strategy Driven

DECEMBER 8, 2010

As a leader and manager, you’ll learn how to use these tools to harness social interactions to improve your business and to create your own social nation. The book provides a social assessment for leaders, managers and employees to scientifically evaluate your individual social skills and competencies.

Self-aware 72

Self-aware Media Open-book Learning-by-Doing 72

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. Many of the small and midsize manufacturers that did manage to survive kept going by cutting costs, which has led to stagnant wage growth.

Supply Chain 8

Supply Chain McKinsey Incentives Bottom-up 8

Harvard Business Review

APRIL 14, 2017

And in January 2017, McKinsey’s research arm estimated AI-driven job losses at 5%. For example, the company had brought in a data scientist in 2008 to develop machine learning tools that would improve its search engine, Bing, in a market dominated by Google. Could Liberate 50% of Managers' Time. Related Video.

Company 13

Company Survey Finance Engineering 13

Harvard Business Review

FEBRUARY 12, 2016

In 1933, General Motors President and CEO Alfred Sloan established the automobile industry’s first full-time consumer research department under the direction of Henry “Buck” Weaver, a pioneer in market-based decision making. Because of the exponential growth of social media in recent years, and the fact nearly half of U.S.

Media 8

Media Automotive Globalization Active Listening 8

Harvard Business Review

MARCH 14, 2016

Recent research from the McKinsey Global Institute explores this new era of digital globalization. Corporations generate a large share of internet traffic through private networks used to share information and manage their international operations. It’s gone digital. trillion in 2014 alone.

Globalization 8

Globalization Supply Chain GDP Operations 8

Harvard Business Review

JULY 17, 2017

and the EU15 is doing some type of independent work, according to the McKinsey Global Institute , and 42% of U.S. As a result, hiring managers are now tasked with finding, hiring, and managing employees who run the gamut from full-time workers to those in remote, flex, or contract roles.

Real Estate 8

Real Estate Health Care Analysis Survey 8

Harvard Business Review

AUGUST 21, 2012

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. With consumers spending gobs of time in online communities ( more than 1.5 trillion annually.

Media 16

Media Productivity Products Technology 16

Harvard Business Review

NOVEMBER 9, 2017

One of us (Paul) is a strategy scholar and economist; the other (Amy) studies organizational behavior and operations management. From the perspective of the senior management at many companies, missing sales targets is a failure in the execution of an analytically sound strategy.). Insight center.

Strategy 8

Strategy Agility Execution Core Competence 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. Marketing Sales Social media'

Media 11

Media ROI McKinsey Survey 11

Harvard Business Review

APRIL 1, 2016

Digital leaders stand out from their competitors in two ways: how they put digital to work, especially in engaging with clients and suppliers, and how intensively their employees use digital tools in every aspect of their daily activities. They are more likely to use software to manage their back-office operations and customer relationships.

Industry 8

Industry Benchmarking Supply Chain Health Care 8

The Horizons Tracker

OCTOBER 21, 2020

Indeed, a central theme of Lumina Foundation CEO James Merisotis’ latest book, Human Work , is that we often struggle to truly understand what skills we have, and indeed what skills we need to have in order to thrive in the modern labor market. Task management. around its introduction.” around its introduction.”

Govindarajan 85

Govindarajan Technology Hammer Process 85

HR Digest

NOVEMBER 9, 2023

percent of senior managerial and directorial roles , according to McKinsey. Pay Equity Analysis: How to Create Fair Salary Structures With the number of tools and data collection resources available to us, it’s impossible for companies to claim ignorance of the pay disparity and the struggles personally encountered by their employees.

System 52

System How To Benchmarking Diversity 52

Harvard Business Review

DECEMBER 4, 2017

We need tools to assess progress for external stakeholders, consumers, and managers. He highlights the short-term focus of financial markets and of political systems, and also the need to change consumer preferences and habits, as three big areas that need to change at the system level. Is that a useful tool for other leaders?

Project 8

Project Advice Henderson Short-term 8

Harvard Business Review

SEPTEMBER 28, 2012

Google Trends is fast becoming an indispensable tool for many analysts who believe — as Brin does — that the wisdom (and/or delusions) of googling crowds can successfully inform investment strategies worldwide. That's as true for a Walmart or a JCPenney as it is for a McKinsey & Co. An HBR Management Puzzle.

Hedge 15

Hedge Core Competence CFO ROI 15

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. That’s why good managers put so much focus on measuring and managing return on investment (ROI) as a basic operational practice.

Innovation 8

Innovation P&L ROI Long-term 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

JUNE 10, 2016

By 2020 customers will manage 85% of their relationship with an enterprise without interacting with a human. We analyzed McKinsey Global Institute data on the “automatability” of 2,000 different workplace activities, comparing job requirements to the current capabilities of leading-edge technology.

Development 8

Development Technology Competitive Advantage Learning-by-Doing 8

Harvard Business Review

DECEMBER 11, 2018

Well, Angelia, according to a recent study by McKinsey, over $1.3 The first is this notion that the challenges at work, the challenges of managing modern work, really are a crisis. ” So, this challenge at work, the crisis of trying to manage modern work, has gone from a nuisance to a business imperative.

Content 8

Content Crisis Apparel Learning-by-Doing 8

Harvard Business Review

FEBRUARY 14, 2017

For the last two years we have been implementing Generation, a youth employment program that is part of the McKinsey Social Initiative. At Generation, the CPED figure varies depending on the market, ranging from about $5 in India to $26 in the United States. Generation is also developing tools to improve data collection and management.

Metrics 11

Metrics TCO Training Cost-Benefit Analysis 11

Harvard Business Review

JUNE 18, 2013

Top global consultancies Deloitte and McKinsey estimate the size of the African middle class at between 200 million and 300 million. A consultant with the management advisory group Global Pacific says that only 5% of Africans earn enough to qualify for the "global middle class," bringing the number down to 50 million.

Class 10

Class Globalization Banking Education 10

Harvard Business Review

JULY 29, 2014

In the July/August issue of HBR , Ram Charan argues that the Chief Human Resources Officer (CHRO) role should be eliminated, with HR responsibilities funneled in two separate directions — administration , led by traditional HR-types, reporting to the CFO; and talent strategy , led by high-potential line managers, reporting to the corner office.

CFO 11

CFO Charan Intangible Assets Human Resources 11

Harvard Business Review

NOVEMBER 30, 2010

Just yesterday, on the front page of the New York Times , came a report about how "low-level engineers, product managers and prominent managers" from the executive ranks are leaving the company for high-profile companies such as Facebook as well as venture-funded startups of the sort that dot the technology landscape.

Tacit Knowledge 15

Tacit Knowledge Long-term McKinsey Venture Funding 15

Harvard Business Review

JANUARY 17, 2014

Defining the roles, recruiting talented practitioners, setting up center of competence structures, establishing data governance across business units, and tying advanced data and analytics (AD&A) to the results of those businesses is lagging the deployment of tools and the collection of the data. The Talent Gap in Big Data.

Information Technology 8

Information Technology Technology McKinsey Globalization 8

Harvard Business Review

JANUARY 19, 2016

We isolated seven performance factors correlated to strong organizational performance as well as leadership strengths through IBM Watson’s content analysis tools as well as historical performance reviews of these leaders and their direct reports. In comparative rankings they were generally at or near the bottom of the list.

Execution 8

Execution Supply Chain Analysis Learning-by-Doing 8

Harvard Business Review

MARCH 24, 2014

The ability to mine the digital data consumers leave behind on the internet, social media, driving apps and even health-monitoring wearables could help carriers to better target customers, price and underwrite policies more accurately, and manage claims more effectively. So what does digital excellence in insurance look like?

Insurance 8

Insurance Company Maturity Decentralization 8

Harvard Business Review

NOVEMBER 30, 2016

And a balance is necessary if you want to access untapped market spaces, retain top talent, and get a competitive edge over competitors. This issue should be managed like any other business issue. Talk about it in key management meetings. Speak to your dominant group, and visibly reward managers who build balanced teams.

CEO 8

CEO Company Bottom-up Learning-by-Doing 8

Harvard Business Review

OCTOBER 21, 2016

Today’s executives are dealing with a complex and unprecedented brew of social, environmental, market, and technological trends. These require sophisticated, sustainability-based management. ” Improving risk management. Investing in sustainability is not only a risk management tool; it can also drive innovation.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8