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Corporate Purpose: Monumental Change Starts With Your Leadership

CO2

A recent survey conducted by McKinsey found that 42% of millennial and Gen Z consumers cited purpose as the primary reason they switched brands. Core competency: What do we do well that helps us meet our stakeholders’ needs? Millennials and Generation Z, who together make up nearly half of the full-time workforce in the U.S.

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Corporate Purpose: Monumental Change Starts With Your Leadership

CO2

A recent survey conducted by McKinsey found that 42% of millennial and Gen Z consumers cited purpose as the primary reason they switched brands. Used to set priorities around core competencies. Core competency: What do we do well that helps us meet our stakeholders’ needs? Tangible and measurable.

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Have You Trained Your Replacement?

Persuasive Powerhouse

He has been a tank platoon leader, a McKinsey consultant, a senior executive, and now runs thoughtLEADERS – a leadership development and training firm. Make it a New Year’s Resolution to identify and groom your replacement. Your team will thank you for doing so after you leave.

Training 257
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What If Google Had a Hedge Fund?

Harvard Business Review

Then–Google CEO Eric Schmidt was appalled : "Sergey, among your many ideas, this is the worst." (The That's as true for a Walmart or a JCPenney as it is for a McKinsey & Co. After all, what company on earth enjoyed greater access to more insights more quickly from more people searching for more information? What a pity.

Hedge 15
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Corporate Inequality Is the Defining Fact of Business Today

Harvard Business Review

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. Second, researchers have documented at length why it matters and why everyone, not just CEOs, should care. For an extreme example, take Chobani.

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The 5 Requirements of a Truly Innovative Company

Harvard Business Review

In a McKinsey poll , 94% of the managers surveyed said they were dissatisfied with their company’s innovation performance. We understand how a CEO might come to such a conclusion. ” In our experience, there aren’t many CEOs who think that systemically about making innovation a ubiquitous capability.