HR Digest

DECEMBER 19, 2023

Earlier in March, a Goldman Sachs report stated that two-thirds of jobs in the U.S. There are a lot of benefits from the integration of AI technology, a possible 7 percent boost to global GDP according to the report, but when paired with apprehensions about unemployment, it results in an equal amount of worry for the future.

Tools 52

Tools Early Adopters GDP Report 52

The Horizons Tracker

MAY 24, 2022

For all the hype surrounding technologies such as AI, for most of the last few years, there has been precious little return on the investments companies were making. 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.

Company 88

Company Survey McKinsey Project 88

First Friday Book Synopsis

JULY 29, 2012

Here is the executive summary of a recent report featured online by The McKinsey Global Institute (MGI), the business and economics research arm of McKinsey & Company. MGI was established in 1990 to develop a deeper understanding of the evolving global economy.

McKinsey 75

McKinsey Technology Productivity Products 75

First Friday Book Synopsis

NOVEMBER 6, 2013

Here is an excerpt from the executive summary of a report co-authored by James Manyika, Michael Chui, Diana Farrell, Steve Van Kuiken, Peter Groves, and Elizabeth Almasi Doshi for the McKinsey Global Institute. To check out the report and other resources, learn more about the Institute and/or McKinsey & Company, please click here.

Information 75

Information McKinsey Innovation Globalization 75

The Practical Leader

DECEMBER 9, 2020

” A study co-authored by Disney Institute and McKinsey & Company reports that “companies offering an exceptional customer experience can exceed their peers’ gross margin by more than 26 percent. Indifferent or unfriendly staff add to the dubious ‘pleasure’ of the experience.

McKinsey 124

McKinsey Human Resources Insurance Cost 124

HR Digest

JUNE 16, 2023

times more likely to report organizational outperformance, McKinsey research has shown. HR’s role is vital in creating correct employee experience. Organizations in which HR facilitates a positive employee experience are 1.3 Work culture Culture is the foundation on which exceptional financial performance is built.

McKinsey 98

McKinsey Agility Learning-by-Doing Organization 98

HR Digest

FEBRUARY 7, 2022

According to Mckinsey & Company , “Leaders have an essential role to play in developing solutions to tackle these challenges.” As of June 2021, according to Quantum Workplace , 30% of employees considered themselves hybrid employees and 35% of employees reported working remotely. Training Remote Managers.

Efficiency 105

Efficiency Operations Training Diversity 105

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. The technology will ease HR operations by improving internal workflows, spark productivity, help HR professionals to identify data opportunities, etc.

Human Resources 87

Human Resources Trends Resources Innovation 87

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. The report suggests that while the pandemic has undoubtedly been difficult for many, it also provides an opportunity to transform and become stronger, better businesses.

Company 99

Company Hofstede Supply Chain Agility 99

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. Source: Future of Jobs Report 2020 World Economic Forum. Marti Konstant . Business development.

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 122

Diversity Entrepreneur Innovation Gordon 122

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

N2Growth Blog

SEPTEMBER 28, 2020

While Chief Digital/Technology Officers or Chief Marketing Officers are often tagged with the innovator label, it is the CHRO who is the real innovator in 2020. Remember, it’s the people and culture who enable technology and marketing success – not the other way around. ?. Selection Methodology.

Human Resources 469

Human Resources Globalization Diversity Resources 469

HR Digest

DECEMBER 5, 2023

The labor force participation rates are quite astounding, with Trading Economics reporting that the numbers have decreased to 62.7 Chamber of Commerce reports that there are currently 9.5 Viser’s respondents reported that 89 percent of employees have experienced burnout and 70 percent would consider quitting because of it.

Participative 52

Participative Uncertainty Long-term Trends 52

Chart Your Course

JUNE 16, 2013

Internationally, in 2012 the World Economic Forum reported 10 million jobs were unfilled in the manufacturing sector alone.The world’s three largest workforces — the United States, India and China — all have chronic and growing talent shortages, particularly in science, technology, engineering and mathematics-related STEM occupations.

Talent Management 140

Talent Management Magazine Management Gordon 140

Skip Prichard

MAY 22, 2019

That’s what Chris Duffey, creative technologist says about this incredible technology revolutionizing industries the world over. McKinsey: AI is advancing 10 times faster and at 300 times the scale of the Industrial Revolution. . The Electricity of Our Times. Artificial Intelligence (AI) is the new electricity of our times.

Content 90

Content Innovation Creativity McKinsey 90

Jesse Lyn Stoner Blog

NOVEMBER 15, 2012

The need for collaboration is driven by the issues arising from the current economic crisis and supported by the opportunities afforded by advances in technology, specifically Web 2.0. Technology has created the opportunity to know. Click on the diagram to see the full McKinsey Report: Mapping the Value of Employee Collaboration.

Competitive Advantage 282

Competitive Advantage McKinsey Creativity Diversity 282

HR Digest

SEPTEMBER 14, 2023

A study by OD Adekoya reported that “there is an increased need for trust, fairness, and respect between both parties (employer and employee)”. report showed that 49 percent of workplace conflict happens due to personality clashes and egos. Conflict Management Why are workplace conflicts such a common grievance?

Schein 98

Schein Industry Long-term Automotive 98

HR Digest

NOVEMBER 4, 2023

Whether it’s a fresher role or one that requires experience, Qualee reports that it takes a new hire approximately eight months to reach their full productivity. Gallup’s State of the Global Workplace Report emphasizes that only 15 percent of workers are actively engaged with their company.

Process 59

Process Attrition Trends Training 59

Skip Prichard

AUGUST 2, 2019

I had the opportunity to speak with Charles Conn and Robert McLean, two McKinsey alums who share a seven-step systematic approach to creative problem solving that will work in any field or industry. Technology change is speeding business up and providing an edge for disruptive innovators. 7 Steps to Problem Solving. 2: Disaggregate.

Disaggregation 80

Disaggregation McKinsey Skills Gordon 80

Great Leadership By Dan

AUGUST 6, 2015

Per the 2014 McKinsey research study of 1323 companies involved in organization redesign, less than a quarter of those transformation efforts succeeded. Subramanian is author of the new book, Transforming Business with Program Management : Integrating Strategy, People, Process, Technology, Structure and Measurement.

Leadership 120

Leadership Stage-Gate Critical Success Factor Objective 120

ExactHire - Leadership

JUNE 3, 2022

Pew Research Center reports that recent graduates are more diverse than ever. According to McKinsey , companies succeeding at diversity are 35 percent more likely to enjoy profit margins above the median for their industry. Gallup surveyed new graduates and published the findings in their report “ How Millennials Want to Work and Live.”

Company 98

Company Diversity Career Quality 98

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

Lead on Purpose

DECEMBER 14, 2013

McKinsey Insights ’ Pankaj Ghemawat references a survey of senior executives where 76% of them feel they need to develop global-leadership capabilities, but only 7% of feel they are doing so effectively. How do you know that they are doing well for a given time period? A research paper titled Metrics: You are what you measure by John R.

Metrics 190

Metrics Management Katz How To 190

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. Cloud-based optimization may also help transportation companies handle the fluctuations in demand through better scheduling and planning. Conclusion.

Transportation 50

Transportation Parcell Supply Chain Management 50

ExactHire - Leadership

JUNE 3, 2022

Pew Research Center reports that recent graduates are more diverse than ever. According to McKinsey , companies succeeding at diversity are 35 percent more likely to enjoy profit margins above the median for their industry. Gallup surveyed new graduates and published the findings in their report “ How Millennials Want to Work and Live.”

Company 52

Company Diversity Career Quality 52

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. Also known as information technology managers, such professionals devise, coordinate, implement, and analyze computer-related projects. Percentage of women: 52%.

Human Resources 52

Human Resources Chemicals Software Engineering 52

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. Seattle has partnered with Microsoft and Accenture to optimise energy use – featured in this report on big data use by different cities. 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. Some examples include new technologies, changes in customer preferences, new ways of serving customers, and disruptive threats. Copyright (c) 2011.

ROIC 62

ROIC Balanced Scorecard Metrics McKinsey 62

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. Diversity in the workplace is good for the bottom line.

Diversity 111

Diversity Compliance McKinsey Bottom-up 111

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 15

Creativity Strategy Venture Capitalist McKinsey 15

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

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. FCLT and McKinsey rely on readily available and machine-readable accounting data to measure myopia.

EPS 8

EPS Metrics Depreciation Short-term 8

Harvard Business Review

JUNE 5, 2012

Everyone in the room who is fully satisfied with their IT staff and has no concerns about finding and recruiting new technology talent raise your hand. If you can't find 'em, you better keep 'em and train 'em, say three McKinsey consultants writing in their firm's eponymous quarterly. OK, you way in the back, you can leave.

Development 13

Development McKinsey CFO Competitive Advantage 13

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

MARCH 12, 2013

Lizzy Duffy at NPR reports on several services that will maintain your online presence for you long after you’re dead and gone. Executive Time Isn't the Infinite Resource That Companies Assume It Is (McKinsey Quarterly). A 1936 Insight About Technology Was Prescient (Nature). Want to send a message from the great beyond?

McKinsey 15

McKinsey Budgeting Proposal Cost 15

Harvard Business Review

AUGUST 15, 2014

It’s become commonplace for observers to tout the transformative potential of digital technologies and bemoan the allegedly slow pace at which companies support these initiatives. Both cite a McKinsey survey which, ironically, found that “Organizations’ efforts to go digital. are picking up steam.”

Media 11

Media ROI McKinsey Survey 11