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. Past work by McKinsey found that inefficiencies in manufacturer-supplier interactions add up to roughly 5% of development, tooling, and product costs in the auto industry.

Supply Chain 8

Supply Chain McKinsey Incentives Bottom-up 8

Harvard Business Review

APRIL 14, 2017

And in January 2017, McKinsey’s research arm estimated AI-driven job losses at 5%. IT was using AI to resolve employees’ tech support problems, automate the work of putting new systems or enhancements into production, and make sure employees used technology from approved vendors.

Company 12

Company Survey Finance Engineering 12

Harvard Business Review

FEBRUARY 5, 2018

The catch is that adopting these technologies will disrupt the world of work. New research by the McKinsey Global institute suggests that roughly 15% of the global workforce could be displaced by 2030 in a midpoint scenario, but that the jobs likely created will make up for those lost. Other options are also less than desirable.

GDP 8

GDP Globalization Short-term McKinsey 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

FEBRUARY 2, 2015

This is the kind of technology—and the type of firm—that will make renewable energy more efficient and more cost-effective. Indeed, in a world where globalization and rapid technological changes are the norm, manufacturing, high-tech development, and innovation clearly require a different level of support.

Industry 8

Industry McKinsey Engineering Innovation 8

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

OCTOBER 31, 2014

In its “State of Human Capital” report , McKinsey found that people in HR still largely have “a support-function mindset, a low tolerance for risk, and a limited sense of strategic ‘authorship’” — all of which has led to “low status among executive peers, no budget for innovation, and a ‘zero-defects’ mentality.”.

Human Capital 13

Human Capital Charan Human Resources Cost 13

Harvard Business Review

MARCH 15, 2016

In fact, for women, the technology gender gap seems to be getting bigger, not smaller. In 1984, 37% of these degrees went to women vs. just 18% in 2013. To this end, McKinsey conducted extensive qualitative and quantitative research of more than 2,400 interviewees. Nor is there a surplus of black or Hispanic workers.

Industry 8

Industry Diversity Class Engineering 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. These numbers represent more than three times as much as was invested in 2013. ZB by 2020.

Consultative 8

Consultative Strategy Advice 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. McKinsey, Bain, or Boston Consulting Group). Work on discrete projects.

Consultative 8

Consultative Team How To McKinsey 8

Harvard Business Review

AUGUST 13, 2015

According to a McKinsey & Company study India’s biggest barriers to internet adoption are primarily in the areas of internet access capabilities and awareness of the internet itself. Only 19.2% according to a WSJ/VentureSource analysis. In the first half of 2014, 26% of all online purchases in China were made on a mobile phone.

Telecommunications 8

Telecommunications Marketing Wireless McKinsey 8

Harvard Business Review

JULY 29, 2014

Baseline financial skills are still essential, but international experience, industry knowledge, investor relations acumen, technology expertise, and strategic prowess are now just as much part of the package. Now compare that to the context and condition of today’s CHRO role. Bring on the quants. For the CFO, analytics is a native language.

CFO 11

CFO Charan Intangible Assets Human Resources 11

Harvard Business Review

JULY 9, 2014

The marketers of Clearblue Advanced Pregnancy Test, a product that can tell you if you’re one-week, two-weeks, or three-plus weeks pregnant, asked a couple of D-list celebrities to tweet out their positive tests back in 2013. This isn’t, as McKinsey’s John Forsyth says, simply for marketing or retail firms.

Market Segmentation 8

Market Segmentation Marketing Insurance Price 8

Harvard Business Review

JUNE 17, 2015

The technological advances of the digital age have allowed the global workforce to be better connected, more collaborative, and have greater personal impact than ever before. More than a year after its publication, I’m still reeling from the results of Gallup’s 2013 Global Workforce Study. Or are they? Or are they?

Management 8

Management Globalization Drucker Uncertainty 8

Harvard Business Review

FEBRUARY 11, 2016

Google and Intel rely on experts in social science and biomechanics to develop transformative products by better understanding how people think about and use technology. In 2013, Accenture suggested that 20 to 30 percent of the total workforce falls outside the organization’s traditional full-time, permanent employment relationship.

Agility 8

Agility Organization Resources Fixed Costs 8

Harvard Business Review

JUNE 30, 2015

Inside the company, we sometimes refer to this initiative as “The Death of McKinsey,” an identifier not-so-loosely inspired by a blog post from Gordon Ritter and motivated further by a 2013 Clayton Christensen HBR article.

Health Care 8

Health Care Benchmarking Short-term Gordon 8

Harvard Business Review

OCTOBER 21, 2016

Today’s executives are dealing with a complex and unprecedented brew of social, environmental, market, and technological trends. McKinsey reports that the value at stake from sustainability concerns can be as a high as 70% of earnings before interest, taxes, depreciation, and amortization.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

SEPTEMBER 1, 2015

After stints at Applied Materials and McKinsey, he joined Google just a little over 10 years ago. And third, his belief that technology is an equalizing force. Here four things I think he should focus on as he takes the helm: Signal his commitment to serving at technology’s cutting edge.

CEO 8

CEO Engineering Advertising Technology 8

Harvard Business Review

JANUARY 12, 2015

In the case of South Bend, that means Mayor Pete Buttigieg , a former Rhodes scholar and McKinsey consultant, who has been known to challenge city workers to tackle problems so thorny that they can only be solved with new kinds of thinking. Now, the city is trying to take the technology even further by having it foster real civic engagement.

Drucker 8

Drucker Katz Innovation Learning-by-Doing 8

Harvard Business Review

DECEMBER 18, 2012

Based on similar numbers, both McKinsey and PwC UK calculated how fast we must reduce the carbon intensity of the global economy ( PwC's number is 5% per year until 2050 ). Keeping the apparel theme, um, running, check out Nike's new shoe with FlyKnit technology. Five Questions For 2013. on to 2013.

Supply Chain 10

Supply Chain Constraint P&L Energy 10