article thumbnail

How to Manage the Tsunami of Change

Lead Change Blog

A McKinsey Global Institute report on future of the workforce shows that between 75 million and 375 million people globally will have to change their occupation and acquire new skills by the year 2030. These changes are not just causing disruption to businesses, but are also becoming a big problem for the managers to face.

article thumbnail

How to Ensure Your Organization’s Digital Transformation Succeeds

Leading Blog

The driving force behind digital transformations is adopting and implementing digital technologies to processes, products, and assets to improve efficiency, enhance customer value, manage risk, and uncover new monetization opportunities. This raises some pertinent questions. First, why do these programs fail?

How To 263
Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Make Your Management Process More Agile

Strategy Driven

It’s the essence of agility. Why Agility is Important for Your Business. Agility is defined by McKinsey & Company as “… the ability of an organization to renew itself, adapt, change quickly, and thrive in an environment characterized by rapid change, ambiguity, and turbulence.”

Agility 50
article thumbnail

How to Create the Right Mix of Skills on Your Team Successfully

Lead from Within

Investing in training and development helps teams stay agile and competitive. McKinsey’s research consistently shows that companies with diverse workforces are more likely to outperform their less diverse counterparts financially.

Skills 111
article thumbnail

The Benefits of a Chief Transformation Officer for Growth

N2Growth Blog

As the key change driver in his organization, Daniel highlighted the importance of having the support of the whole Executive Board to create an agile work environment to drive a successful transformation. Thus organizations need to become more agile and adaptable to fast pace changes over a long period.

CTO 392
article thumbnail

First Look: Leadership Books for July 2023

Leading Blog

The Leap to Leader : How Ambitious Managers Make the Jump to Leadership by Adam Bryant The chasm separating managers from leaders is widening as the skills required to be an effective leader grow in number and complexity. Middle manager." Through them all, he's managed to guide his team out the other side successfully.

Books 245
article thumbnail

Are You Ready for Recovery?

Leading Blog

A S a McKinsey & Company article stated in late March 2020: “What leaders need during a crisis is not a predefined response plan but behaviors and mindsets that will prevent them from overreacting to yesterday’s developments and help them look ahead.”. Involve More People. The Transpersonal Touchstone Explored.

McKinsey 298