HR Digest

DECEMBER 27, 2018

The recent explosion of HR technology has driven a major boom in innovative HR solutions. The HR Digest has recognized three (3) major HR technology trends for 2019. They include solutions for unconscious bias hiring, promote employee engagement, and improve HR operations through artificial intelligence.

Human Resources 87

Human Resources Trends Resources Innovation 87

HR Digest

NOVEMBER 20, 2020

If you don’t solve the skills riddle with agility, curiosity, and smart technology capabilities, your organization could fade from existence.” When I was a technology marketing exec in 2009, I heard the words nurture marketing. Coding, budgeting, and marketing operations are examples. Marti Konstant .

Skills 145

Skills Emotional Intelligence CFO Power 145

The Horizons Tracker

JANUARY 19, 2022

In essence, this is the process by which existing technologies and processes are combined or deployed in new ways. There are also initiatives such as the European Union’s European Institute for Innovation and Technology , which aims to encourage and support the fertilization of ideas and innovation across the European Union.

Diversity 121

Diversity Entrepreneur Innovation Gordon 121

The Horizons Tracker

JULY 1, 2020

The value of data in improving healthcare was perhaps best underlined by a report published a few years ago by the Richmond Group of medical charities. ” This dire conclusion was shared by a second report , from The GovLab, which bemoaned the way data literacy was holding back projects such as AI and preventative medicine.

Skills 87

Skills Report Technology Long-term 87

Chart Your Course

AUGUST 22, 2014

Only 52 percent of companies spend their time in a way that aligns with their strategic goals, according to a McKinsey survey of 1,500 executives from businesses of all sizes around the world. The most essential time management technology for increasing your productivity is calendar scheduling software. Calendar Management.

Tools 133

Tools Productivity Products Company 133

HR Digest

DECEMBER 8, 2020

A recent Mckinsey & Company survey shows that since 2015, America has seen only a modest growth in women’s well paid jobs representation in the corporate pipeline. They mostly operate out of grocery and drugstore pharmacies, others are employed in hospitals or in clinical settings. Operations Research Analyst.

Human Resources 52

Human Resources Chemicals Software Engineering 52

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. Operation Costs Have to Be Reduced. Inventory Planning Has Become Crucial. Conclusion.

Transportation 50

Transportation Parcell Supply Chain Management 50

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. The reason?

Leadership Styles 83

Leadership Styles Human Capital Ethics McKinsey 83

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

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

Marshall Goldsmith

FEBRUARY 8, 2018

US News and World Report – One of America’s 25 Best Leaders. Authority on new technology and communication. Tammy Erickson – McKinsey award-winning author. US News and World Report #1 Best Hospital in the United States – Fortune ‘100 Best Companies to Work For,’ 14 consecutive years. President Dartmouth College.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Harvard Business Review

JANUARY 18, 2018

It seems beyond debate: Technology is going to replace jobs, or, more precisely, the people holding those jobs. 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. Juj Winn/Getty Images. Insight Center.

Creativity 14

Creativity Strategy Venture Capitalist McKinsey 14

Harvard Business Review

APRIL 5, 2017

The McKinsey Global Institute, in conjunction with FCLT Global, recently released research stating that long-term-oriented companies perform better than those that focus on short-term results. While a laudable effort in principle, measuring a company’s tendency to make myopic operating and investing decisions is fiendishly complex.

EPS 8

EPS Metrics Depreciation Short-term 8

Harvard Business Review

DECEMBER 16, 2016

Back in 2011, the McKinsey Global Institute published a report on the transformational potential of big data—and it would take a supercomputer to process all of the articles that have appeared since then urging companies to get on board before some digital disruptor renders them obsolete. Insight Center. The Next Analytics Age.

Industry 8

Industry McKinsey Early Adopters Rate of Return 8

Harvard Business Review

JULY 19, 2018

A recent survey by Deloitte of “aggressive adopters” of cognitive technologies found that 76% believe that they will “substantially transform” their companies within the next three years. There probably hasn’t been this much excitement about a new technology since the dotcom boom years in the late 1990s.

Project 8

Project How To Technology ROI 8

Harvard Business Review

JULY 17, 2017

Despite rapid innovations in data processing and machine learning, many businesses have yet to make the leap from the Industrial Age to the information age, and the gap between technological and organizational progress is widening. Closing this gap requires much more than short-term fixes, like adopting new technologies.

Industry 10

Industry Short-term Planning Long-term 10

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 8

Content Survey Talent Management McKinsey 8

Harvard Business Review

SEPTEMBER 11, 2015

In-house strategy and consulting groups are growing in popularity , supplementing and increasingly winning business from traditional consulting firms such as McKinsey & Company, Boston Consulting Group and Bain & Company. For a company our size, with reported revenue of $24.4 McKinsey, Bain, or Boston Consulting Group).

Consultative 8

Consultative Team How To McKinsey 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

JUNE 16, 2015

And as an HBS white paper points out, even some of today’s most mainstream executives — from the CTO to even the CFO — were once just new positions created to deal with “significant opportunities and risks emerging from technological or social disruptions.” The Future of Operations. Insight Center.

Constraint 8

Constraint Supply Chain Resources Operations 8

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. Another pervasive reason is that senior executives are trained as operators, not innovators. That’s quite a mismatch.

Innovation 8

Innovation P&L ROI Long-term 8

Harvard Business Review

DECEMBER 21, 2016

But, according to McKinsey research , only 16% of merger reorgs fully deliver their objectives in the planned time, 41% take longer than expected, and in 10% of cases, the reorg actually harms the newly-formed organization. The acquiring company wished to retain its operating approach and replicate it within the newly acquired business.

Process 8

Process McKinsey Due Diligence Cost 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. Brandon Carrus, a senior partner at McKinsey & Co. Sensitivity to operations. Managing Population Health for Value With Technology and Data.

Health Care 8

Health Care Content Chief Information Officer Efficiency 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.

Retail 15

Retail Brand Marketing Industry 15

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. These activities can be automated with currently demonstrated technology, completing the analysis more quickly and accurately than the manager ever could.

Osborne 8

Osborne Technology McKinsey Marketing 8

Harvard Business Review

MAY 20, 2015

They are called upon to advise companies that must manage risk in an increasingly complex global operating environment and navigate disruptive technologies that threaten their business models. Directors play a key role in setting corporate strategy and appointing senior executives.

Competitive Advantage 8

Competitive Advantage McKinsey Advice Commitment 8

Harvard Business Review

DECEMBER 22, 2010

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.

Core Competence 15

Core Competence Market Segmentation Globalization Reputation 15

Harvard Business Review

JANUARY 25, 2012

The data-driven have crafted the best strategies, uncovered wholly new markets, and kept operational costs low. Important as the technology and expertise may be, we find that most companies should focus first on high-quality data, process, people, and culture. The McKinsey report on Big Data suggests the U.S.

Organization 15

Organization Telecommunications McKinsey Price 15

Harvard Business Review

APRIL 14, 2017

Even the near-term outlook has been quite negative: A 2016 report by the Organization for Economic Cooperation and Development (OECD) said 9% of jobs in the 21 countries that make up its membership could be automated. And in January 2017, McKinsey’s research arm estimated AI-driven job losses at 5%.

Company 11

Company Survey Finance Engineering 11

Harvard Business Review

FEBRUARY 16, 2012

Research by the McKinsey Global Institute predicts that by 2020, the U.S. The Labor Market Maker would also alert schools that operate in the region where skills are in short supply so that they could adjust their class mix and direct students accordingly. competiveness. million too few college graduates to meet demand and that 5.9

Marketing 11

Marketing Restructuring McKinsey Education 11

Harvard Business Review

FEBRUARY 16, 2016

Previous McKinsey research has highlighted a strong correlation between leadership performance and organizational health, itself a strong predictor of a robust bottom line. Operating with a strong orientation to results. At McKinsey, we’ve been working on this issue with our own colleagues as well as with business leaders.

Leadership 8

Leadership McKinsey Stress Creativity 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 9

CFO Charan Intangible Assets Human Resources 9

Harvard Business Review

DECEMBER 11, 2018

” A 10-year McKinsey study on flow found that top executives are up to 500% more productive when they’re in a state of flow. ” Despite advances in technology, and perhaps in large part because of it, many find themselves working well beyond 5 PM just to keep up with their workloads, but it doesn’t have to be that way.

Outsourcing 15

Outsourcing Stress Productivity Products 15

Harvard Business Review

FEBRUARY 12, 2016

People were asked about GM products, upholstery textures, colors, vehicle designs, and technology, and their feedback was incorporated into GM vehicles. social media users actively seek customer service through social media, according to Nielsen and McKinsey Incite , we’ve made getting globally aligned one of GM’s priorities.

Media 8

Media Automotive Globalization Active Listening 8

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. This, he says, undoubtedly contributed to VW’s ignoring evidence that the claim that the diesel technology could comply with environmental regulations was too good to be true.

Strategy 8

Strategy Agility Execution Core Competence 8