Eric Jacobson

DECEMBER 31, 2022

When Marillyn Hewson of Lockheed Martin walked us through the lessons she learned as she responded to then President-elect Trump’s tweet to the American public that he felt F-35 costs were out of control, which wiped of $4 billion of market cap in a day, it was both gripping and profound.

CEO 65

CEO Banking Learning-by-Doing McKinsey 65

HR Digest

NOVEMBER 4, 2023

The World Bank has projected a 9 million skilled and semi-skilled ICT workers shortage to affect Indonesia between 2015-2030. While it can feel like a localized issue, such market changes are just as possible in U.S. industries and it emphasizes the importance of the retention process in HR.

Process 59

Process Attrition Trends Training 59

CoachStation

AUGUST 26, 2022

Employee discretionary effort and focus are being challenged for many reasons, including the labour market and working from home. The Reserve Bank of Australia believes that the unemployment rate is heading to 3.25% by the end of this year. 1) Reading the language and results in the McKinsey graphic highlights a few key themes.

Motivation 130

Motivation McKinsey Attrition Influence 130

Marshall Goldsmith

FEBRUARY 8, 2018

Jim Kim – 12th President, the World Bank. Tammy Erickson – McKinsey award-winning author. Deepa Prahalad – Focused on design and emerging markets. Former Executive VP and Head of Strategy & Transformation at TMB Bank. Telisa Yancy – Chief Marketing Officer at American Family Insurance. Non-profit CEOs.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Harvard Business Review

OCTOBER 30, 2014

Nowhere else in the executive suite of a typical corporation are two functions as closely intertwined as sales and marketing. Yet for all the shared responsibility, the marketing and sales relationship has often been a contentious and lopsided one, with sales dominating in B2B sectors while marketing leads in B2C ones.

Marketing 11

Marketing Guidelines B2C Analysis 11

Harvard Business Review

MAY 31, 2018

Wells Fargo bank is under scrutiny from regulators for creating false client accounts to boost short-term profits. What makes the plague of short-term thinking somewhat puzzling is that, according to McKinsey estimates , 75% of the U.S. The McKinsey Global Institute examined the performance of 615 large- and mid-cap U.S.

CEO 8

CEO Short-term Long-term McKinsey 8

Harvard Business Review

JULY 17, 2017

Eastman Kodak is the textbook case for failing to prioritize an innovation agenda; business schools around the world study the ramifications of the company’s ill-fated decision to ignore the digital photography market until it was too late. Its recent launch of Marcus , an online retail bank, is a particularly promising signal.

Industry 13

Industry Short-term Planning Long-term 13

Harvard Business Review

AUGUST 27, 2015

Companies in the top one-fifth of profitability earn, in aggregate, about 70 times more economic profit (accounting profit less cost of capital) than those in the middle three-fifths combined, according to McKinsey’s database of 3,000 large, publicly listed, nonfinancial U.S. Sound familiar? There are many. economic performance.

ROIC 8

ROIC McKinsey GDP Company 8

Harvard Business Review

NOVEMBER 18, 2015

But the question deserves better than executive hand-offs to HR, McKinsey, or Myers-Briggs. McKinsey is the professional services model for turning former associates and partners into profitably high-profile clients. A network security geek went from a global bank to a Beltway bandit start-up. Insight Center. ” Resources.

McKinsey 8

McKinsey Banking Reference Human Capital 8

Harvard Business Review

MARCH 24, 2011

What makes the matter fascinating to industry watchers, approximately their equivalent of the Charlie Sheen supernova, is that Gupta served three terms as managing director of McKinsey & Co., There has been no suggestion that Gupta betrayed any client confidences in his McKinsey days. from 1994 to 2003. These are not criminal charges.

McKinsey 14

McKinsey Consultative Waterman Intellectual Capital 14

Harvard Business Review

JUNE 29, 2016

The impact of “social entrepreneurs” — individuals who deploy innovation and market forces to fill social needs — is growing. The research, conducted with analytical support from McKinsey and funding from Omidyar Network, included interviews with 37 investors and 10 social enterprise leaders.

Entrepreneur 15

Entrepreneur Glocalization Survey McKinsey 15

Harvard Business Review

OCTOBER 25, 2018

In our recent research at the McKinsey Global Institute, we examined the superstar phenomenon across firms, as well as sectors and cities. We focus on economic profit rather than revenue size, market share, or productivity growth because these other metrics risk including firms that are simply large and may not create economic value.

Industry 12

Industry Company GDP Bottom-up 12

Harvard Business Review

AUGUST 30, 2018

Although cross-border data flows grew 45x between 2005 and 2014, according to a McKinsey analysis , events since 2014 have pushed the pendulum to swing away from unconstrained data globalization. Still others hope to create market barriers for global companies — a form of digital protectionism.

Supply Chain 9

Supply Chain Globalization GAAP Policies 9

Harvard Business Review

JANUARY 16, 2013

A lot of companies congratulate themselves on having a "social media presence" — by which they mean a Twitter following and Facebook likes and a marketing plan that uses social networks. But some 70% of the extra profit to be made through social technologies has nothing to do with marketing. Integration. into the core.

Media 9

Media McKinsey Supply Chain Telecommunications 9

Harvard Business Review

JUNE 18, 2013

The most popular view, supported by the likes of The New York Times , the African Development Bank, and the World Bank — all powerful influencers of how the world thinks about Africa — puts the number of AMACs at more than 300 million. Between these extremes is a multitude of other estimates.

Class 10

Class Globalization Banking Education 10

Harvard Business Review

MAY 6, 2011

Could you, like Goldman Sachs, draw off your deep team capabilities to generate new investment banking offerings to firms competing for capital in the public markets? To pursue a knowledge network strategy, you have to first map your critical knowledge assets, then decide how to deploy them strategically.

Tacit Knowledge 15

Tacit Knowledge McKinsey Core Competence Document 15

Harvard Business Review

MAY 14, 2014

One of your better managers comes to you with the idea of setting up an internet bank. Some experts will say that you should invest in a portfolio of new ventures as part of what McKinsey calls the “ third horizon.” Are the markets likely to over or under value the asset being sold? It depends on whom you ask.

Licensing 8

Licensing Competitive Advantage Proposal Banking 8

Harvard Business Review

JUNE 26, 2014

The unbanked pay four times more in fees to access their money than those with bank accounts, and they pay $4 higher fees per month for cash access on average than those with formal financial services. While the overall costs of cash usage in all these markets are daunting, the U.S. By FDIC estimates, 8.2% households are underbanked.

Cost 8

Cost Transportation Banking Retail 8

Harvard Business Review

JANUARY 3, 2017

Given these network effects – as many proclaim – markets get “winner takes all properties”: the largest network will win, crowding out the remaining competitors (like MySpace and Google+). It is a misconception to think that network effects inevitably and always lead to a winner-take-all market.

McCallum 13

McCallum Competitive Advantage Business Model Consultative 13

Harvard Business Review

APRIL 14, 2014

The status of a firm is quite possibly the leading driver in attracting the best of the best, at least in investment banking, according to a paper recently accepted by the Strategic Management Journal. For investment banking, Bidwell says, this system works pretty well.

Competitive Advantage 8

Competitive Advantage Reputation Banking Career 8

Harvard Business Review

DECEMBER 22, 2010

No wonder that a 2008 McKinsey survey found that only 20% of senior executives believe that their corporate philanthropy is effective in achieving social goals. To do this, Goldman used its competencies in understanding markets, convening needed expertise and business networks. Back pet charities, not those with a strong track record.

Core Competence 15

Core Competence Market Segmentation Globalization Reputation 15

Harvard Business Review

DECEMBER 19, 2017

Technological innovations have radically transformed the business landscape in many ways over the last two centuries, from the introduction of steam power to the market conquest of radial-ply tires. Research by McKinsey & Company and the McKinsey Global Institute shows that digitization is having the same radical impact.

Succession 8

Succession Industry McKinsey Business Model 8

Harvard Business Review

AUGUST 13, 2015

Businesses like Facebook are filling an internet access gap in emerging markets that others, including the public sector, may simply never be able to address. of its population has internet access (at home or over a wireless device); other estimates, such as that from the World Bank , suggest that the number may be even lower, 15.1%

Telecommunications 8

Telecommunications Marketing Wireless McKinsey 8

Harvard Business Review

SEPTEMBER 26, 2011

Volatility has returned to global markets, and consumer and business confidence is once again slipping. Caterpillar , for example, publishes its dealer sales statistics by region each month, while the Spanish bank Santander puts out a newsletter with key operating results and commentary. In the U.S.,

Long-term 8

Long-term CEO Short-term McKinsey 8

Harvard Business Review

MARCH 4, 2013

As those tree-huggers at McKinsey and PwC UK have calculated, we need to decarbonize at a rapid rate — about 5 percent less carbon per dollar of GDP every year until 2050. According to the bank HSBC, the clean economy will be a multi-trillion dollar market soon. 2) Science doesn't care.

GDP 8

GDP Energy McKinsey Transportation 8

Harvard Business Review

NOVEMBER 9, 2017

We call this approach “strategy as learning,” which contrasts sharply with the view of strategy as a stable, analytically rigorous plan for execution in the market. market, its executives formulated a strategy of developing so-called clean-diesel vehicles that leveraged the company’s core competence.

Strategy 8

Strategy Agility Execution Core Competence 8

Harvard Business Review

FEBRUARY 18, 2015

According to McKinsey, youth unemployment in Africa’s largest economy, Nigeria, is around 50%. Despite the inventiveness of these entrepreneurs, some operate in the informal economy, without government registration, IP rights, or access to banking. Investors subsequently have a difficult time calculating their valuations.

Innovation 8

Innovation Engineering Entrepreneur Banking 8

Harvard Business Review

DECEMBER 24, 2013

McKinsey may have been hired in 2013 by the Vatican, the Bank of England, and the owners of the Rangers and Knicks, but they’re also acting to stave off threats to their business model. We also found seven other reasons Africa’s economy might leapfrog the economies of more developed nations.

Management 19

Management Health Care Middle Management Agility 19

Harvard Business Review

OCTOBER 11, 2013

Every industry loves to co-opt it; for example, in consulting, you’ll hear: “You never get fired for hiring McKinsey.” Firms surveyed included companies like Lenovo, Vanguard, Shell, Google, NIKE, Walgreens, Dell, eBay, RBC, Panasonic, Nestle, Progressive, Starwood, Intel, and Deutsche Bank.)

Sample 8

Sample Survey Christensen Efficiency 8

Harvard Business Review

FEBRUARY 14, 2017

But according to the World Bank , only 30% of youth employment programs are successful, with many of those offering only marginal benefit. For the last two years we have been implementing Generation, a youth employment program that is part of the McKinsey Social Initiative. And most programs have no positive effect at all.

Metrics 11

Metrics TCO Training Cost-Benefit Analysis 11

Harvard Business Review

DECEMBER 10, 2013

One of the best ways in which he demonstrates this is with a study on equity research analysts moving between Wall Street investment banks. Think about it in more practical terms: Should you only embrace candidates from outstanding firms like McKinsey or Goldman Sachs, as many companies do?

How To 8

How To Banking Human Resources COO 8

Harvard Business Review

AUGUST 24, 2015

Grexit would further restrict available capital, shatter the fragile banking sector, and increase the investment gap, which, as McKinsey’s recent study shows , is the key issue. Rather, it is that its Byzantine regulations and institutional uncertainties discourage investments and reduce competitive pressures.

Crisis 8

Crisis Policies Short-term GDP 8

Harvard Business Review

SEPTEMBER 25, 2017

It has been 10 years since the global financial crisis, and the fall-out continues in the industry that was at its epicenter: banking. There has been a truly dramatic retrenchment from foreign markets, making banking a rare case of an industry becoming less, rather than more, global. For some banks, the answer is simply: Yes.

Banking 8

Banking McKinsey Finance Globalization 8

Harvard Business Review

MARCH 8, 2016

This has big implications for businesses, entrepreneurs, and innovators seeking growth beyond their home markets: there just isn’t a one-size-fits-all app or approach to building scale in the global digital economy. This is thanks, in part, to its world-class digital infrastructure.

Benchmarking 8

Benchmarking Policies Globalization Long-term 8

Harvard Business Review

MAY 11, 2016

By ignoring the distribution, that statistic masks a more important trend: As the McKinsey Global Institute has documented , variance in corporate earnings has increased substantially as well. As McKinsey’s researchers write in their report : The most digitized sectors in the U.S.

McKinsey 8

McKinsey Document Engineering Outsourcing 8

Harvard Business Review

NOVEMBER 4, 2013

To open a bank account today, for instance, a typical customer embarks on a multichannel journey: researching online; downloading an application; speaking to a call center agent; linking brokerage accounts; visiting a branch; and installing the bank’s mobile app. For more see the HBR article, “The Truth About Customer Experience” ).

Call Center 8

Call Center Banking Analysis Knowledge Management 8

Harvard Business Review

DECEMBER 19, 2012

According to a survey of social media users by the joint Nielsen-McKinsey venture NM Incite, 33% of respondents say they'd recommend a brand that offered a quick but ineffective response, nearly double the number (17%) who'd recommend a brand providing a slow but effective solution. The playbook. HBR Insight Center. Are You Giving up Power?

Balanced Scorecard 9

Balanced Scorecard McKinsey Media Metrics 9