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How to Ensure Your Organization’s Digital Transformation Succeeds

Leading Blog

To illustrate the potential impacts, in 2007, Nokia had a little over half the mobile phone market with an operating profit of about $7.8 These transformations typically involve a profound change in how a business operates, encompassing people, process, and technology. This raises some pertinent questions.

How To 262
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Speak Your Truth So That Others Can Hear It

Leading Blog

The other choice is to learn to speak our truth effectively, in a way that doesn’t contribute to fear and dysfunction on a team. When this happens, I interpret this as meaning that our team isn’t working very efficiently. In terms of concerns, you may be concerned that the team is throwing good money after bad.

McKinsey 387
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Moving Beyond Company Organization Silos: Lessons from the Aviation Industry

Leading Blog

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. They’re the metaphorical walls that separate different departments or teams within an organization. Recall how the U.S.

Industry 270
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First Look: Leadership Books for June 2023

Leading Blog

With uncertainty swirling around every corner in the world today, team members are reevaluating their workplaces and walking out as they look past hollow promises and perks that are a mere temporary bandage. And your journey to a magnetic culture starts by recognizing that good culture simply isn't enough to drive top performance.

Books 308
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Learning & Development’s Role in Operational Efficiencies in 2022

HR Digest

Learning and Development teams of companies are working overtime to figure out ways to keep the organizations functioning in these difficult times. According to Mckinsey & Company , “Leaders have an essential role to play in developing solutions to tackle these challenges.” Reset expectations in a remote team environment.

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AI for Execs: Navigating the Future of Business.

Rich Gee Group

A report by McKinsey Global Institute estimates that AI could add $13 trillion to the global economy by 2030. Actionable Insights for Executives: Educate Yourself & Your Team: Before diving into AI integration, ensure you and your team understand the basics. Product recommendations? Is it customer service?

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Leaders: Are You Ready For A Purpose-Led Future?

Lead Change Blog

Research from McKinsey indicates that people living “their purpose at work” report five times higher levels of wellbeing and are four times likely to be more engaged in their work, which in turn leads to higher levels of productivity and profitability. Make purpose part of the first conversation between line manager and the team.

McKinsey 231