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. ” A new report from EIT Health and McKinsey therefore offers a timely opportunity to gauge progress. .

Skills 87

Skills Report Technology Long-term 87

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. In 2015, the World Economic Forum predicted that emotional intelligence would be one of the top 10 skills demanded by employers by 2020. Transparency.

Emotional Intelligence 209

Emotional Intelligence Supply Chain Short-term Leadership 209

The Horizons Tracker

MAY 24, 2022

Many AI-related projects were stuck in a research or pilot phase and were subsequently making little real impact on the operations of the business. Indeed, it shows a remarkable turnaround, as 92% of large companies now report that they’re achieving returns on their investment in AI and data-related projects. Signs of change.

Company 88

Company Survey McKinsey Project 88

The Center For Leadership Studies

NOVEMBER 23, 2020

Fortunately, the surgeon operated before the worst could happen and my husband recovered completely. Emotional Intelligence (EI) competencies comprise a skill set they must not only have at moderate to high levels but keep in balance, as well. Several years ago, when we were newlyweds, my husband was diagnosed with the flu.

Emotional Intelligence 98

Emotional Intelligence Training Goleman McKinsey 98

N2Growth Blog

SEPTEMBER 28, 2020

Find HR’s hand (in a good way) in everything as an enabler and contributor to operations flowing all the way through to customer/client satisfaction. With a diverse background in human resources, information technology, and operations, his business and leadership acumen is only exceeded by his commitment to making others better.

Human Resources 469

Human Resources Globalization Diversity Resources 469

Great Leadership By Dan

OCTOBER 9, 2012

According to the 2010 McKinsey report, “ Woman Matter ”, companies with the highest percentage of women show the best performance. Hard business skills are assumed to be a given. Just ask Harvey Schachter, a reporter for Canada’s Globe and Mail, who quoted me for a piece he wrote called “ Bringing More woman to the Head Table ”.

Leadership Development 249

Leadership Development Development Committee Leadership 249

CO2

JANUARY 15, 2020

Getting honest feedback about leadership’s behavior is critical because 33 percent of failed transformations happen due to leadership’s behaviors not algining with desired changes, according to Mckinsey. It takes considerable effort to recognize when someone is operating from a different mental model than yours.

Executive Coaching 78

Executive Coaching Execution Welch Self-aware 78

CO2

JANUARY 15, 2020

Getting honest feedback about leadership’s behavior is critical because 33 percent of failed transformations happen due to leadership’s behaviors not algining with desired changes, according to Mckinsey. It takes considerable effort to recognize when someone is operating from a different mental model than yours.

Executive Coaching 78

Executive Coaching Execution Welch Self-aware 78

CO2

JANUARY 15, 2020

Getting honest feedback about leadership’s behavior is critical because 33 percent of failed transformations happen due to leadership’s behaviors not algining with desired changes, according to Mckinsey. It takes considerable effort to recognize when someone is operating from a different mental model than yours.

Executive Coaching 78

Executive Coaching Execution Welch Self-aware 78

Marshall Goldsmith

NOVEMBER 4, 2013

Internal partnerships include direct reports, co-workers and managers. Partnering with direct reports. Leaders will need to develop skills in negotiation and “win-win” relationships. Many leaders will be operating more like the managing director of a consulting firm. The results were clear.

Short-term 107

Short-term Long-term Trends Telecommunications 107

The Practical Leader

SEPTEMBER 28, 2011

This leads to sizeable cost overruns, missed deadlines, disrupted operations, unhappy customers, and stressed out employees. Reporting on the largest global study of IT change ever conducted (1,471 projects), an Oxford University Said Business School professor and McKinsey & Co.

Project 55

Project McKinsey Emotional Intelligence Price 55

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

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. After all, your business’s future success depends not only on the health and longevity of the community in which you operate — but also on the health of our entire world.

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. After all, your business’s future success depends not only on the health and longevity of the community in which you operate — but also on the health of our entire world. Ernst & Young.

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

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. Operating-cost productivity metrics might include the component costs for building an automobile or delivering a package, the rates of rework, and so forth.

ROIC 62

ROIC Balanced Scorecard Metrics McKinsey 62

Marshall Goldsmith

MAY 19, 2013

Next, if the person was skilled and/or lucky, more promotions followed until he or she eventually became an executive who could tell lots of people what to do. Many organizations have historically operated on the “there is one best way” school of management. A classic example was the old Bell System.

Follow-up 147

Follow-up Learning-by-Doing Wireless Drucker 147

Harvard Business Review

JANUARY 18, 2018

That same report mentioned the advent of “robotic bricklayers.” It is easy to find reports that predict the loss of between 5 and 10 million jobs by 2020. McKinsey has been studying what kind of work is most adaptable to automation. Insight Center. The Risks and Rewards of AI. Sponsored by SAS.

Creativity 15

Creativity Strategy Venture Capitalist McKinsey 15

Harvard Business Review

JUNE 14, 2017

In America, 75% of employees report that their direct line manager is the worst part of their job, and 65% would happily take a pay cut if they could replace their boss with someone better. Even when organizations are good at assessing leaders’ talents (e.g.,

McKinsey 15

McKinsey Self-aware Motivation Report 15

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 16, 2015

There are just two ways to increase ROIC: improve operating profit (by increasing revenues or cutting costs) or invest capital more wisely. This, of course, raises an obvious question: Why are so few CEOs skilled at capital allocation? The bottom line?

CEO 8

CEO ROIC Cost of Capital Merton 8

Harvard Business Review

AUGUST 29, 2017

According to a recent McKinsey Global Institute report , the number of people in the global labor force will reach 3.5 billion by 2030 — and yet there will still be a shortage of skilled workers. What’s more, the subsidiaries operated more or less autonomously, each with separate organizational cultures and norms.

Succession 15

Succession Globalization Tacit Knowledge GDP 15

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. They already report that the domestic supplier base is hollowed out, depriving them of the agility they need to respond quickly to new market opportunities.

Supply Chain 8

Supply Chain McKinsey Incentives Bottom-up 8

Harvard Business Review

MARCH 28, 2017

With unemployment rates in most developed nations at the lowest levels since the Great Recession, and with new skill sets required to keep pace with head-spinning technological advances, it’s no surprise the talent acquisition environment is incredibly competitive. Image courtesy of Korn Ferry.

Content 9

Content Survey Talent Management McKinsey 9

Harvard Business Review

MARCH 13, 2013

Captive offshore operations centers — company-owned delivery units located in low-cost countries such as India and the Philippines — have come a long way. Since 2008, we've benchmarked the performance of nearly 250 operations centers working on both core operations (e.g., But that's not by accident.

Offshoring 8

Offshoring Cost Benchmarking Operations 8

Harvard Business Review

JANUARY 12, 2018

Marketing and sales, manufacturing, recruiting (including people assessment), customer service, and support are all fields that can benefit from artificial intelligence according to McKinsey’s recent research. Companies are both operators and investors. In fact, it is doubling every 14 months and it will reach 10.5 ZB by 2020.

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

MARCH 8, 2016

The World Economic Forum’s recent Global Gender Gap Report 2015 gives us a wealth of detail about the continued worldwide imbalance in gender equality and what it means for the future. More women than men are pursuing higher education in 97 of the 145 countries included in the WEF report, for example.

Diversity 8

Diversity Report Globalization McKinsey 8

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

FEBRUARY 16, 2012

. — along with just about every other country — is suffering from a talent mismatch: employers cannot find individuals with the skills and capabilities they need, where and when they need them. There is no mechanism that reliably signals which skills employers need so that individuals and schools can develop those skills.

Marketing 12

Marketing Restructuring McKinsey Education 12

Harvard Business Review

JULY 19, 2018

There have also been embarrassing snafus, such as when Dow Jones reported that Google was buying Apple for $9 billion and the bots fell for it , or when Microsoft’s Tay chatbot went berserk on Twitter. How companies are using artificial intelligence in their business operations. Insight Center. Adopting AI. Sponsored by SAS.

Project 9

Project How To Technology ROI 9

Harvard Business Review

JUNE 16, 2015

The issues in each of these buckets require new leadership, or at least a rethinking of it in the highest ranks of companies, and deep operational changes. We’re starting to recognize that this relatively new situation has important ramifications for how businesses operate, and we’re making some progress. Insight Center.

Constraint 8

Constraint Supply Chain Resources Operations 8

Harvard Business Review

JANUARY 22, 2015

According to a 2014 survey from Deloitte , 86% of business leaders know that their organizations’ future depends on the effectiveness of their leadership pipelines — but a survey of 2,200 global HR leaders found that only 13% are confident in their succession plans, with 54% reporting damage to their businesses due to talent shortages.

Leadership Development 8

Leadership Development Development Leadership Leadership Pipeline 8

Harvard Business Review

FEBRUARY 16, 2016

Basic visual and motor skills deteriorate when people are deprived of sleep, but not nearly to the same extent as higher-order mental skills. Previous McKinsey research has highlighted a strong correlation between leadership performance and organizational health, itself a strong predictor of a robust bottom line.

Leadership 8

Leadership McKinsey Stress Creativity 8

Harvard Business Review

SEPTEMBER 18, 2012

A McKinsey study released in May 2011 stated that, by using Big Data to the fullest, retailers stood to increase their operating margins by up to 60% — this, in an industry where net profit margins are often less than 2%. That's not surprising when you consider what Matthew Boyle of CNN Money reported recently. More >>.

Retail 15

Retail Brand Marketing Industry 15

Harvard Business Review

JUNE 24, 2014

In the late 1990s, Steven Hankin of McKinsey provoked a lot of discussion when he coined the phrase “the war for talent.” Skill levels vary widely. One thing that stood out in their report was the question of retention. GE is one of many corporations now confronting these challenges.

Long-term 8

Long-term Globalization McKinsey Education 8

Harvard Business Review

NOVEMBER 22, 2017

Improving access to care, increasing workforce productivity, optimizing clinical operations, and managing population health are important—and interrelated steps. Increase workforce productivity by optimizing the skill set of your workforce while shifting routine work away. Brandon Carrus, a senior partner at McKinsey & Co.

Health Care 8

Health Care Content Chief Information Officer Efficiency 8

Harvard Business Review

DECEMBER 14, 2015

At McKinsey, we are conducting our own research into the impact of automation on jobs and organizations and recently published a brief paper previewing some of our findings. To pinpoint the opportunities, we have looked at about 2,000 activities that are performed in various occupations across the U.S.

Osborne 8

Osborne Technology McKinsey Marketing 8

Harvard Business Review

JUNE 18, 2013

If you have considered investing in Africa, you have no doubt been influenced by frequent recent reports on the continent''s apparently large, burgeoning middle class. Top global consultancies Deloitte and McKinsey estimate the size of the African middle class at between 200 million and 300 million.

Class 10

Class Globalization Banking Education 10