HR Digest

NOVEMBER 4, 2023

While it can feel like a localized issue, such market changes are just as possible in U.S. It takes an active HR department and research team to keep their eyes on shifting trends in order to find innovative ways to retain employees. industries and it emphasizes the importance of the retention process in HR.

Process 59

Process Attrition Trends Training 59

Great Leadership By Dan

NOVEMBER 27, 2018

But a problem that’s becoming ever more visible is that some organisations have made authenticity their marketing strategy, rather than a business one. This isn’t a marketing issue, this is a business-wide issue, involving every facet of the organisation. For more information, please visit www.koganpage.com/post-truth-business.

Brand 189

Brand Supply Chain Ethics Reputation 189

Lead Change Blog

NOVEMBER 22, 2019

A number of recent surveys from McKinsey research have identified three traits that are becoming leadership imperatives to respond to this growing demand for social accountability. Rather, business leaders need to take a longer term approach, which means no longer being driven by the 90-day reporting cycles of the world’s stock markets.

Emotional Intelligence 209

Emotional Intelligence Supply Chain Short-term Leadership 209

HR Digest

DECEMBER 5, 2023

Image credit – Freepik Understanding America’s Labor Shortage A robust job market that constantly opens up new positions and roles is usually indicative of a healthy job market rife with opportunities, but when the labor force participation rates stop matching up, then businesses start to suffer.

Participative 52

Participative Uncertainty Long-term Trends 52

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. As we begin to see some kind of normality returning to life, there has been an understandable desire to examine how we can better prepare ourselves for the future.

Company 112

Company Hofstede Supply Chain Agility 112

N2Growth Blog

NOVEMBER 15, 2022

There are new and transforming leadership challenges, such as the mass-resignation trend known as the Great Resignation, and hiring challenges leading to a globally-recognized talent shortage impacting 75% of companies around the globe. Executives today are saddled with a business landscape unlike anything in the past. Our Locations.

Executive Coaching 318

Executive Coaching Execution Self-aware Company 318

HR Digest

FEBRUARY 7, 2022

Here we bring you a few learning and development trends for 2022 to help companies introduce impactful and efficient training programs. According to Mckinsey & Company , “Leaders have an essential role to play in developing solutions to tackle these challenges.” The labor market is skewed in favor of the employee.

Efficiency 105

Efficiency Operations Training Diversity 105

HR Digest

MAY 24, 2023

The shift toward skills based hiring will accelerate in 2023 as skills emerge as the currency of the labor market. This is not just a benefit in a tight labor market. 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

Strategy Driven

JULY 8, 2019

The latest trend in last mile delivery management focuses on the localization of distribution, where the goal is to leverage the existing infrastructure and optimize it through technology. With the omnichannel approach to e-commerce gaining ground, there is a major need for distribution centers to be located near urban markets.

Transportation 50

Transportation Parcell Supply Chain Management 50

Strategy Driven

MARCH 15, 2019

This isn’t a marketing issue, this is a business-wide issue, involving every facet of the organisation, hence leadership being so important. He is a lecturer at the University of the Arts London, and has written for Dazed, Admap, Brand Strategy, Marketing and Contagious.

Supply Chain 75

Supply Chain Brand Advertising PR 75

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. . Marketing and Sales Manager. They also manage both the marketing and the sales staff and perform managerial duties in line with the company’s goals.

Human Resources 52

Human Resources Chemicals Software Engineering 52

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. It turned out that the unit was driving profits by raising prices and cutting marketing and advertising expenditures. Copyright (c) 2011. About the Authors.

ROIC 62

ROIC Balanced Scorecard Metrics McKinsey 62

CO2

AUGUST 8, 2013

Sometimes they’re just starting out, and others haven’t discovered their brilliance; other times, they’re poor marketers or simply not very good at their profession. I have heard that McKinsey and Co sends new partners to Switzerland to hone their skills in affability.

McKinsey 110

McKinsey Skills Executive Coaching Reputation 110

ExactHire - Leadership

JUNE 3, 2022

According to McKinsey , companies succeeding at diversity are 35 percent more likely to enjoy profit margins above the median for their industry. They witnessed several historical events before entering the job market. When companies hire fresh graduates, they’re more likely to attain their diversity goals. Hiring New Graduates.

Company 98

Company Diversity Career Quality 98

The Horizons Tracker

AUGUST 27, 2019

The analysis revealed a profound bifurcation in the job market, with the split dividing the low-skill and low-wage jobs from the high-skill and high-wage senior positions. “Lower-wage jobs are often advertised on large job sites, such as Monster.com,” the researchers explain.

Diversity 53

Diversity Class Education Analysis 53

Chartered Management Institute

DECEMBER 2, 2013

At the C-suite, businesses need not only a data analytics strategy, but a data-analytics culture, researchers from McKinsey have concluded. It often helps if the executive in charge is not from IT, but from operations or marketing, and that there are close links with customer-facing and other operational roles.

Leadership Styles 83

Leadership Styles Human Capital Ethics McKinsey 83

Harvard Business Review

JUNE 30, 2011

One of the challenges facing market leaders is that transformational trends are only obvious when it is too late. To spot transformational trends early, companies need to follow the guidance of Wharton professor George Day and long-time McKinsey & Co. It was smartly spending time at the periphery of its industry.

Trends 13

Trends McKinsey Constraint Industry 13

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. will need to create 21 million new jobs to return to full employment but, should present trends continue, there will be 1.5 labor market become more efficient? competiveness.

Marketing 12

Marketing Restructuring McKinsey Education 12

ExactHire - Leadership

JUNE 3, 2022

According to McKinsey , companies succeeding at diversity are 35 percent more likely to enjoy profit margins above the median for their industry. They witnessed several historical events before entering the job market. When companies hire fresh graduates, they’re more likely to attain their diversity goals. Hiring New Graduates.

Company 52

Company Diversity Career Quality 52

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

Marshall Goldsmith

MAY 19, 2013

For example, imagine that AT&T Wireless needed to make major changes because of problems in a local market, but before the changes could be made: 1. The trend toward asking is already very clear. This trend is also growing rapidly throughout the world. A task force had to be assigned. A task force had to be assigned.

Follow-up 147

Follow-up Learning-by-Doing Wireless Drucker 147

HR Digest

SEPTEMBER 21, 2023

The upward trend has not been supported by a similar growth in childcare resources, with a Zippia report indicating that approximately half of the U.S. McKinsey reported that working mothers were 1.5 Still, recent working mothers statistics indicate that their participation has increased by more than 1.4

GDP 98

GDP McKinsey Participative Report 98

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. Include minorities in your company’s marketing campaigns.

Diversity 111

Diversity Compliance McKinsey Bottom-up 111

Harvard Business Review

AUGUST 27, 2015

The worldwide trend of rising economic inequality applies not only to individuals. As for whether this is a new phenomenon, consider McKinsey’s dataset, stretching back to the 1960s , on 5,000 U.S. What are the underlying drivers of this trend? Consider what’s happening among corporations. There are many.

ROIC 8

ROIC McKinsey GDP Company 8

CO2

APRIL 1, 2022

A recent survey conducted by McKinsey found that 42% of millennial and Gen Z consumers cited purpose as the primary reason they switched brands. It’s more likely that they set out to meet an unmet need in the market. These trends have created a void in many organizations for corporate purpose.

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

CO2

APRIL 1, 2022

A recent survey conducted by McKinsey found that 42% of millennial and Gen Z consumers cited purpose as the primary reason they switched brands. It’s more likely that they set out to meet an unmet need in the market. These trends have created a void in many organizations for corporate purpose.

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

HR Digest

NOVEMBER 9, 2023

percent of senior managerial and directorial roles , according to McKinsey. Establish Benchmarks Make it a point to define industry and market benchmarks to compare your organization’s compensation practices. Be an active market player to plan out how to create an equitable compensation system. percent of the U.S.

System 52

System How To Benchmarking Diversity 52

Harvard Business Review

MAY 8, 2012

According to the latest McKinsey survey, 35% of respondents in China believe that companies that market products across a range of categories are more trustworthy than those that focus on just one or two segments. However, recent trends could force marketers to rethink that strategy.

Brand 12

Brand McKinsey Marketing Trends 12

Harvard Business Review

NOVEMBER 20, 2013

Though both statements may sound extreme, they are the clear implication of new McKinsey research on how companies create value and allocate resources. The rest of the companies, more than 2,400, simply do not have a strategy that effectively outperforms the market. Put you ahead of trends? Execute decisively.

Strategy 8

Strategy McKinsey Strategic Planning Cost of Capital 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 14

McKinsey Efficiency Long-term Analysis 14

Harvard Business Review

JUNE 29, 2016

The impact of “social entrepreneurs” — individuals who deploy innovation and market forces to fill social needs — is growing. The research, conducted with analytical support from McKinsey and funding from Omidyar Network, included interviews with 37 investors and 10 social enterprise leaders.

Entrepreneur 15

Entrepreneur Glocalization Survey McKinsey 15

Harvard Business Review

JULY 4, 2012

Hiring and grooming local talent in key markets makes plenty of sense, but as IESE Business School professor Pankaj Ghemawat explains in McKinsey Quarterly, firms that rely so heavily on localization that they no longer groom expatriates are being shortsighted. IT AIN'T EASY BEING GREEN. But the forces of growth are painful as well.

Wireless 11

Wireless How To McKinsey Globalization 11

Harvard Business Review

OCTOBER 31, 2014

Human-capital issues are top-of-mind for CEOs around the world — but their regard for the HR function remains perilously low: In a PwC study , only 34% said that HR is well prepared to capitalize on transformational trends (compared with 56% for finance). Sadly, chief executives aren’t the only ones with this negative perception.

Human Capital 14

Human Capital Charan Human Resources Cost 14

Harvard Business Review

FEBRUARY 5, 2018

New research by the McKinsey Global institute suggests that roughly 15% of the global workforce could be displaced by 2030 in a midpoint scenario, but that the jobs likely created will make up for those lost. That means reversing the trend of declining government spending on training that is apparent in many OECD countries.

GDP 8

GDP Globalization Short-term McKinsey 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. And when it comes to experience, companies in the market for contractors shouldn’t limit themselves to costly industry veterans. Twenty to thirty percent of the workforce in the U.S. Design competitive compensation.

Real Estate 8

Real Estate Health Care Analysis Survey 8

Harvard Business Review

SEPTEMBER 20, 2016

In 2011, we published an article in HBR examining the surprisingly rapid growth of African economies and consumer markets. New research conducted by the McKinsey Global Institute makes it clear that Africa faces real economic headwinds including declining investment and savings, and rising government indebtedness. from 2000 to 2010.

Globalization 8

Globalization Long-term GDP Marketing 8

Harvard Business Review

MAY 14, 2013

Something astonishing is happening to the market for young, smart labor. And so, despite lacking resources, brand name, and job security of larger firms, start-ups are incredibly alluring — in fact, they get away with paying average salaries that are often 30 percent below market. We''ve noticed two main trends.

Trends 9

Trends McKinsey Career Marketing 9