Leading Blog

JANUARY 9, 2019

Authors Acha Leke, Mutsa Chironga and Georges Desvaux of McKinsey and Company, take a different view in Africa’s Business Revolution. The authors believe that companies and investors in every part of the world should take a look at Africa and its place in their long-term growth strategy because Africa is a 1.2-billion-person

How To 257

How To Long-term Short-term Business Model 257

Lead Change Blog

MARCH 19, 2020

McKinsey & Company’s research suggests that 70 percent of change efforts fall short of their objectives or fail altogether. Outline the consequences of the problem in the immediate as well as the long term. Explain the implications. Help your superiors envision the repercussions of not making a change.

Due Diligence 211

Due Diligence Cost-Benefit Analysis Proposal How To 211

The Horizons Tracker

MAY 25, 2021

The landscape post-Covid is also assessed in a recent paper from the McKinsey Global Institute, which looks at the labor market implications of the pandemic in the United States, United Kingdom, Germany, France, China, India, Japan, and Spain. ” The post-Covid landscape. ” Accelerating trends. . ” Accelerating trends. .

Skills 124

Skills McKinsey Trends Short-term 124

Lead on Purpose

DECEMBER 27, 2013

What drives your daily activities—your long-term vision or making the numbers this quarter? If you’re a board member, do you incentivize your executives to make a long-term contribution for the company or to keep the shareholders happy this quarter? Why are you in business? You will learn things you would have missed had you not tried.

Long-term 220

Long-term Short-term McKinsey CEO 220

First Friday Book Synopsis

JUNE 9, 2013

Here is a brief excerpt from an article that appeared a few years ago in The McKinsey Quarterly, published by McKinsey & Company, but one whose key insights remain even more relevant today. The workplace environment may change but human nature doesn’t.

Motivation 75

Motivation McKinsey Short-term Long-term 75

N2Growth Blog

NOVEMBER 15, 2022

The short answer is: absolutely because, as we touched on above, executive coaching is far different than standard business coaching. But a study by McKinsey revealed that in today’s business landscape, employees also want to feel valued by their organization. Advantage 4: See Goals More Clearly and Purposefully.

Executive Coaching 318

Executive Coaching Execution Self-aware Company 318

QAspire

FEBRUARY 2, 2014

I could see a short-term change in people who tried applying those ‘techniques’ but the impact eventually vanished with time and people slipped back into their normal ways of working. Views from a McKinsey article titled “ Why leadership-development programs fail ” concur with the reasons stated above.

Training 172

Training Development McKinsey Long-term 172

N2Growth Blog

SEPTEMBER 28, 2020

Galetti is the highest-ranking woman at Amazon and the only woman on the 18-person “S-Team” (short for “Senior Team”) that reports directly to founder and CEO Jeff Bezos. Prior to joining Microsoft in 2003, Hogan was a partner at McKinsey & Co. and a development manager at Oracle Corp.

Human Resources 469

Human Resources Globalization Diversity Resources 469

The Horizons Tracker

AUGUST 1, 2019

The alarming nature of the statistic understandably triggered considerable discussion, with various other bodies, from the OECD to McKinsey producing similar research complete with their own predictions for the future of work. Adapting to change. go over relatively old ground one more time.

Technology 72

Technology Short-term Osborne Long-term 72

HR Digest

OCTOBER 1, 2020

John Maynard Keynes warned in 1930 “about the new scourge of technological unemployment”, which he termed as “unemployment due to our discovery of means of economizing the use of labor outrunning the pace at which we can find new uses for labor.” In short, out jobbing ourselves. What workplace automation means for workers?

McKinsey 59

McKinsey Class Short-term Human Resources 59

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. Companies also need metrics that indicate the short-, medium-, and long-term health of the business, as shown to the right of the financial metrics.

ROIC 62

ROIC Balanced Scorecard Metrics McKinsey 62

First Friday Book Synopsis

APRIL 5, 2011

Here are brief excerpts from two articles featured by McKinsey & Company. I suggest you read them in the order in which they appear here, then click where indicated to read each in its entirety. I presume to suggest, further, that you register to receive email updates on other resources that are also available at [.].

Crisis 80

Crisis McKinsey Resources Article 80

HR Digest

FEBRUARY 7, 2022

According to Mckinsey & Company , “Leaders have an essential role to play in developing solutions to tackle these challenges.” Imparting training in such a scenario will be difficult in terms of platform/device compatibility, Internet connectivity, employee distraction/focus, fixing rotas and time management.

Efficiency 105

Efficiency Operations Training Diversity 105

Marshall Goldsmith

NOVEMBER 4, 2013

In some cases, they may choose to experience a short-term loss, so that the organization can achieve a long-term gain. At the consulting firm McKinsey and Company, a Director may often have less detailed knowledge about a client than a more junior partner. In short, they will need to act like partners.

Short-term 107

Short-term Long-term Trends Telecommunications 107

Change Starts Here

JUNE 3, 2014

” This is the closest thing to real research Hughes found, but does that mean that everything short of complete success is a failure? .” ” This is the closest thing to real research Hughes found, but does that mean that everything short of complete success is a failure? A few have been utter failures.

Kotter 143

Kotter Champy Hammer Short-term 143

The Horizons Tracker

AUGUST 27, 2019

This has been most evident with the rise of Massive Open Online Courses (MOOCs), that have seen thousands of short courses from the leading universities in the world placed online for free (albeit with a small price for certification).

Diversity 60

Diversity Class Education Analysis 60

Harvard Business Review

FEBRUARY 16, 2017

McKinsey has a new study out on an important topic — the question of whether corporations systematically take too short a view and do not invest enough for the long term. To take one close to my heart, if short-termism causes underinvestment, it will be a cause of secular stagnation. Consider an analogy.

McKinsey 9

McKinsey Short-term Long-term Comparison 9

Eric Jacobson

MAY 25, 2016

In order to survive over the long term and gain competitive advantage, companies must learn how to connect profoundly with the world around them -- not only with customers and stakeholders, but also with employees, local communities, politicians, and the environment itself." The life expectancy of a leading U.S.

Company 50

Company Competitive Advantage Open-book Long-term 50

Harvard Business Review

MAY 31, 2018

A 2014 global survey of more than 600 C-suite executives and directors, conducted by the non-profit Focusing Capital for the Long Term (FCLT), reported that two-thirds of those surveyed said pressure for short-term results had increased over the previous five years. And short-term thinking since that survey has not abated.

CEO 8

CEO Short-term Long-term McKinsey 8

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. Getting the measurement right is central to providing convincing evidence on the debate over short-termism.

EPS 8

EPS Metrics Depreciation Short-term 8

Harvard Business Review

FEBRUARY 28, 2018

Are today’s businesses plagued by short-termism? Executives cut investment to hit short-term earnings targets and trigger bonus payouts, the argument goes. They are egged on by short-term shareholders, who care only about making a quick buck, rather than growing the company for the long term.

Price 8

Price CEO Short-term Long-term 8

ExactHire - Leadership

MAY 5, 2021

Most business owners think of diversity in the workplace in terms of the compliance regulations imposed by the federal government. In 2015, McKinsey and Company found that companies with a diverse workforce performed 15 to 35 percent better than the national industry median. Defining Diversity and Its Importance in the Workplace.

Diversity 111

Diversity Compliance McKinsey Bottom-up 111

Harvard Business Review

JULY 17, 2017

Closing this gap requires much more than short-term fixes, like adopting new technologies. Businesses need to organize around long-term strategies for growth and partnership in a sustainable way. The current innovation model in the finance sector is designed to generate the highest possible short-term returns.

Industry 12

Industry Short-term Planning Long-term 12

CO2

APRIL 1, 2022

In fact, long-term business viability depends on it. A recent survey conducted by McKinsey found that 42% of millennial and Gen Z consumers cited purpose as the primary reason they switched brands. Every company needs a corporate purpose.

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

CO2

APRIL 1, 2022

In fact, long-term business viability depends on it. A recent survey conducted by McKinsey found that 42% of millennial and Gen Z consumers cited purpose as the primary reason they switched brands. Every company needs a corporate purpose.

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

Harvard Business Review

FEBRUARY 14, 2013

What Really Happens When You Miss that Earnings Mark (McKinsey Quarterly). Leaders of public companies often cite the pressure to meet or beat consensus earnings estimates as justification for a focus on the short term. But McKinsey's analysis of hundreds of large U.S. in the ensuing five days.

McKinsey 8

McKinsey Consensus Management Short-term 8

Harvard Business Review

OCTOBER 17, 2018

But how will AI impact the economy in broad terms? New research from the McKinsey Global Institute simulates the potential global macroeconomic impact of five powerful technologies (computer vision, natural language, virtual assistants, robotic process automation, and advanced machine learning). Why do laggards not jump into AI?

GDP 10

GDP McKinsey Long-term Technology 10

Harvard Business Review

OCTOBER 25, 2011

The case for embracing the maximization of long-term shareholder value as the governing objective for publicly traded companies has been persuasively argued many times. Michael Mauboussin of Legg Mason Capital Management, Dominic Barton of McKinsey, and Charles Elson of the University of Delaware have addressed the topic in this forum.

Short-term 12

Short-term Long-term Incentives Objective 12

Harvard Business Review

SEPTEMBER 26, 2011

But three years after the financial crisis broke, I remain more convinced than ever that the fundamental cure for restoring economic growth and repairing societal trust in business is to deepen our ability to manage companies for the long term. Acting and communicating in this fashion will also start to attract long-term investors.

Long-term 8

Long-term CEO Short-term McKinsey 8

Harvard Business Review

DECEMBER 4, 2017

We then virtually convened the project’s advisers for a roundtable discussion about what they viewed as the major issues raised in the interviews, and their own counsel for executives wishing to create long-term value through a sustainable business agenda. But then more pressingly, I think, he talks about the need for system change.

Project 8

Project Advice Henderson Short-term 8

Harvard Business Review

SEPTEMBER 29, 2011

They are not interested in hearing about the technological, regulatory, and societal developments that will determine the long-term, strategic positioning of this company.". Some large investors already have a long-term view. CEOs can seek to attract long-term investors in several ways: 1. Take consumer goods giant Unilever.

Long-term 12

Long-term CEO Short-term Asset Management 12

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

JULY 6, 2011

And the flow of words is not likely to abate in the coming months, as articles on the need for a more holistic model of capitalism (including those contributed by Roger Martin , Michael Porter and McKinsey's Dominic Barton in HBR pieces) are expanded into books.

Short-term 11

Short-term Porter Long-term Rogers 11

Harvard Business Review

JANUARY 11, 2016

In our experience at McKinsey, creating this ideal partnership usually requires the CFO to become more directly and deeply involved in strategy development. Embracing the long-term view. That enables both sides to see how resources fit with the long- and short-term strategies, and it ensures that the two teams serve one unified goal.

Strategy 8

Strategy CFO Finance Short-term 8

Harvard Business Review

JUNE 30, 2017

In short, companies have little idea whether they are spending too much or not enough. The business model of Generation, a youth employment nonprofit founded by McKinsey & Company, where we both work, is based on that assertion. “Win-win” is an overused term in business, but in this case, the cliché fits neatly.

Training 11

Training ROI Attrition Metrics 11

Harvard Business Review

JUNE 29, 2016

The research, conducted with analytical support from McKinsey and funding from Omidyar Network, included interviews with 37 investors and 10 social enterprise leaders. In the survey, they preferred training to hiring or seeking short-term help as a way to increase organizational capabilities. But they need help.

Entrepreneur 15

Entrepreneur Glocalization Survey McKinsey 15

Harvard Business Review

MAY 9, 2012

For more than two years, we and others have been talking about the need to shift the prevailing view among managers, boards of directors and investors from "quarterly capitalism" to what we call "capitalism for the long term". There can be no contradiction, or so the theory goes.

Marketing 11

Marketing Power Short-term Long-term 11