Harvard Business Review

APRIL 16, 2015

” A quarter century later, not much seems to have changed: fewer than five out of the 100 CEOs on HBR’s 2014 list of best-performing CEOs even mention “return on capital” on their official biography — and none of those five lead companies listed in the Dow Jones Industrial Average (DJIA) or in the EuroStoxx50.

CEO 8

CEO ROIC Cost of Capital Merton 8

Harvard Business Review

FEBRUARY 28, 2018

A recent McKinsey study found that a “long-termism” index (including how much a firm invests) is correlated with future long-term stock returns, suggesting that long-termism pays off. This is taught in any Finance 101 class, and is presumably what McKinsey advises its clients. So does short-termism exist?

Price 8

Price CEO Short-term Long-term 8

Leading Blog

NOVEMBER 3, 2023

There’s no single CEO-like entity and no hierarchy for single accountability. Even worse, functional processes — finance, human resources, sales, etc. logistics, and finance. finance, I.T., They result in information hoarding and lack of communication. This issue can become a major performance barrier. Recall how the U.S.

Industry 269

Industry Stage-Gate Organization Company 269

Harvard Business Review

JANUARY 11, 2016

Thirty years ago, strategy was the CEO’s job. In our experience at McKinsey, creating this ideal partnership usually requires the CFO to become more directly and deeply involved in strategy development. Working together, finance and strategy executives can forge better links between resource allocation and strategic goals.

Strategy 8

Strategy CFO Finance Short-term 8

Harvard Business Review

MAY 15, 2015

New reports from McKinsey and PwC paint a very bleak picture of C-suite succession practices in today’s corporations. PwC, meanwhile, calculated the economic cost of large global companies getting their most important C-suite appointment – CEO – wrong: well over $100 billion. Of course not.

Succession 8

Succession Human Capital McKinsey Committee 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

MAY 26, 2011

A McKinsey Global Institute study unveiled at e-G8 estimated that Internet economic output is bigger than Spain and growing faster than Brazil. Web-intensive SMEs grow twice as fast, export twice as much, and are more profitable than non-Web-enabled, the McKinsey study concluded. The economic potential is starting to be measured.

McKinsey 16

McKinsey COO Technology CEO 16

Harvard Business Review

JULY 29, 2014

Those conditions elevated the work of the finance function to the point that, today, the CFO helps to set the course of business, advancing an organization’s growth and improving its competitive position by identifying and resolving key financial constraints. Finance Human resources' Bring on the quants.

CFO 11

CFO Charan Intangible Assets Human Resources 11

Harvard Business Review

JULY 17, 2017

Banks are feeling the crunch; according to McKinsey , legacy financial institutions will see profits decline 20%–60% by 2025 if they fail to evolve digitally. The current innovation model in the finance sector is designed to generate the highest possible short-term returns. Insight Center. Crossing the Digital Divide.

Industry 12

Industry Short-term Planning Long-term 12

Harvard Business Review

OCTOBER 31, 2014

Human-capital issues are top-of-mind for CEOs around the world — but their regard for the HR function remains perilously low: In a PwC study , only 34% said that HR is well prepared to capitalize on transformational trends (compared with 56% for finance). Sadly, chief executives aren’t the only ones with this negative perception.

Human Capital 14

Human Capital Charan Human Resources Cost 14

Harvard Business Review

FEBRUARY 25, 2016

Campbell, the food company best known for its soups, is investing $125 million in a venture fund to help finance food startups, according to the Wall Street Journal. A McKinsey global survey notes that CEOs spend about 17% of their time with customers. Mike Harper, the former CEO of ConAgra, had a heart attack in 1986.

Company 8

Company Brand Venture Funding Retail 8

Harvard Business Review

JANUARY 27, 2017

Charismatic CEOs enjoy leading and inspiring people, so they don’t like delegating critical business decisions to smart algorithms. CEOs need to clarify when talented humans must defer to algorithmic judgment. ” asked one incredulous CEO of a multibillion euro business unit. Who wants clever code bossing them around?

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

MAY 14, 2013

A few months ago at Davos, CEOs complained about the brain drain affecting their companies. In an opinion piece , Deloitte CEO Barry Salzberg says that millennials are increasingly thinking of finance, consulting, and corporate jobs as a "a tragedy of wasted minds." Where are all these people going?

Trends 9

Trends McKinsey Career Marketing 9

Harvard Business Review

SEPTEMBER 28, 2012

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

Hedge Core Competence CFO ROI 15

Harvard Business Review

DECEMBER 11, 2018

Workfront CEO Alex Shootman says digitization is happening in most companies on a function-by-function basis, leaving teams to work in silos instead of executing new strategies together. And today I’m talking with Alex Shootman, President and CEO of Workfront. Well, Angelia, according to a recent study by McKinsey, over $1.3

Content 8

Content Crisis Apparel Learning-by-Doing 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. Second, researchers have documented at length why it matters and why everyone, not just CEOs, should care. For an extreme example, take Chobani.

McKinsey 8

McKinsey Document Engineering Outsourcing 8

Harvard Business Review

FEBRUARY 7, 2017

New research, led by a team from McKinsey Global Institute in cooperation with FCLT Global , found that companies that operate with a true long-term mindset have consistently outperformed their industry peers since 2001 across almost every financial measure that matters. What We Actually Measured — and the Limits of Our Knowledge.

Long-term 8

Long-term EPS Short-term Management 8