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The Difference Between Transformational and Operational Strategies

Six Disciplines

According to the McKinsey article " Brilliant Strategy, But Can You Execute? ", there were two basic kinds of strategies: transformational and operational. BOTTOMLINE: Companies should think about strategy in terms of what is possible for them - where their core competencies lie.

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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. Had they set out simply to make a profit, Apple likely wouldn’t be the revolutionary technology leader it is today. We can still see that purpose reflected in everything Apple does today.

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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. Had they set out simply to make a profit, Apple likely wouldn’t be the revolutionary technology leader it is today. Used to set priorities around core competencies.

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The Most and Least Digital Jobs – and How Well They Pay

Harvard Business Review

The researchers combined several measures of an occupation’s use of digital technology into a digital score, ranging from zero (least digital) to 100 (most digital). A study by the OECD rated most adults “low proficiency” in terms of their ability to work in “technology-rich environments.”

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Three Cases of Better Corporate Philanthropy

Harvard Business Review

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. It measures and holds itself accountable for changes in the way that teachers use information and communications technology in the classroom.

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What If Google Had a Hedge Fund?

Harvard Business Review

That's as true for a Walmart or a JCPenney as it is for a McKinsey & Co. The rising ability to identify, capture, and repurpose the data byproducts of an ongoing business is coming to rival the perceived "core competence" of the core business itself. or a PricewaterhouseCoopers.

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Your Strategy Should Be a Hypothesis You Constantly Adjust

Harvard Business Review

market, its executives formulated a strategy of developing so-called clean-diesel vehicles that leveraged the company’s core competence. This, he says, undoubtedly contributed to VW’s ignoring evidence that the claim that the diesel technology could comply with environmental regulations was too good to be true.