article thumbnail

Advancing Gender Diversity in Boardrooms: Success Strategies

N2Growth Blog

The inclusion of women in such roles not only brings valuable perspectives and skills but also has a significant impact on organizations and society. For example, a report by McKinsey & Company found that companies with diverse executive boards outperform their peers in profitability, generating approximately 10% higher return on equity.

Diversity 235
article thumbnail

The Big Shift: Demand for Future Work Skills in 2021

HR Digest

The battle of the world against the pandemic shook up the workplace, requiring swift accommodation and responses to skills gaps and skill shifts. Updated skills are the currency for future-proofing your career. The Skills Dilemma. And what skills will matter to you and your organization in the future? . “If

Skills 145
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Executive Coaching Company Breakdown: How to Get the Most Out of Coaching for Strategic Change

N2Growth Blog

They are subject matter experts in their field, the brightest minds, and equipped with the immense technical skills and experience to be at the helm of the world’s most powerful and disruptive companies. Executives are the best business leaders in the world.

article thumbnail

Executive Onboarding: How to Set Up Your New Execs for Success

N2Growth Blog

Sure, a new hire could be a highly-skilled, perfect-match leader eager to start. Data compiled by McKinsey shows that nearly half of all leadership transitions fail, and just two years after executive transitions, up to 46% of them “are regarded as failures or disappointments.”

Execution 382
article thumbnail

Leadership Labyrinth

CO2

Navigating this labyrinth requires more than traditional management skills; it demands a deep understanding of oneself and the ability to inspire and lead others effectively. A study by McKinsey & Company highlights that 86% of CEOs who prioritized innovation successfully led their companies through recent economic uncertainties.

article thumbnail

Beyond the Summit: The Unending Journey of Exceptional Leadership

CO2

After all, reaching the pinnacle of one’s career, achieving a lifelong goal, or mastering a skill provides a sense of completion. A McKinsey report highlights that leaders who engage in ongoing personal development are 1.5 The Illusion of the Final Summit The allure of a ‘final summit’ can be tempting.

article thumbnail

Reskilling the Future of Work

HR Digest

In a recent McKinsey Global Survey on the future of workforce needs, nearly nine in ten executives and managers say their organizations either face skills gap already or expect gaps to develop within the next five years. As we return to the workplace post-pandemic, a new set of skills is also likely to emerge for the transition.

McKinsey 134