LDRLB

OCTOBER 4, 2011

And as usual, the illustrations come from new product development and business strategy. The fact is that most companies spend a surprising amount of effort actually resisting innovation in so-called non-creative functions like operations, finance, customer service, and sales. McKinsey Quarterly (free subscription).

Wilde 101

Wilde Innovation Resistance Leadership 101

LDRLB

OCTOBER 4, 2011

And as usual, the illustrations come from new product development and business strategy. The fact is that most companies spend a surprising amount of effort actually resisting innovation in so-called non-creative functions like operations, finance, customer service, and sales. McKinsey Quarterly (free subscription).

Wilde 90

Wilde Innovation Resistance Leadership 90

Marshall Goldsmith

FEBRUARY 8, 2018

Tammy Erickson – McKinsey award-winning author. Deepa Prahalad – Focused on design and emerging markets. 14th Administrator, United States Agency for International Development. Rod MacKenzie – Executive Vice President, Chief Development Officer for Pfizer, member of Pfizer’s Executive Leadership Team.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Harvard Business Review

NOVEMBER 20, 2015

First, the global goals campaign represents a significant new opportunity for companies that view emerging and frontier markets as their source of long-term growth. According to estimates from McKinsey, consumers in these markets could be worth $30 trillion by 2025 — a significant step up from the 2010 value of $12 trillion.

Goal 8

Goal Supply Chain Development Globalization 8

Harvard Business Review

JANUARY 12, 2018

Robo-advisors, which were introduced in 2008 , are steadily eating up market share from their human counterparts much the way that Amazon and Netflix have taken share from Walmart and Regal Cinemas. Companies in every industry can benefit from making more data and algorithm-based decisions in areas of internal operations and finance.

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

JANUARY 11, 2016

Since then, as the composition of top executive teams has changed, responsibility for leading strategy development has been shared by more members of the C-suite. In our experience at McKinsey, creating this ideal partnership usually requires the CFO to become more directly and deeply involved in strategy development.

Strategy 8

Strategy CFO Finance Short-term 8

Harvard Business Review

APRIL 14, 2017

Even the near-term outlook has been quite negative: A 2016 report by the Organization for Economic Cooperation and Development (OECD) said 9% of jobs in the 21 countries that make up its membership could be automated. And in January 2017, McKinsey’s research arm estimated AI-driven job losses at 5%.

Company 12

Company Survey Finance Engineering 12

Harvard Business Review

JANUARY 17, 2013

Social entrepreneurs are stultified by traditional forms of financing. They have virtually no access to capital markets and little flexibility to experiment at various stages of growth. People are developing new securities that link social performance to financial returns. We're already beginning to see innovation.

Venture Capitalist 12

Venture Capitalist Entrepreneur Bond Finance 12

Harvard Business Review

JULY 29, 2014

Break up a strategic function in response to underperformance in the wake of severe market disruptions? Put the most strategic pieces into the hands of up-and-comers passing through the leadership-development revolving door? Lynanne Kunkle, VP-Global Talent Development and HR-Asia for Whirlpool, is a case in point.

CFO 11

CFO Charan Intangible Assets Human Resources 11

Harvard Business Review

SEPTEMBER 4, 2014

I earned my MBA from Stanford’s Graduate School of Business in 2000, and since 2007 I’ve been an Instructor and an internal coach back at the GSB, helping hundreds of students develop their leadership and interpersonal skills. And what alternative means are available to me to develop these practical skills?

Supply Chain 19

Supply Chain Reputation Education Learning-by-Doing 19

Harvard Business Review

APRIL 16, 2015

A 2012 McKinsey Report shows that over a 15 year period companies that shifted more than 56% of their capital across their business units during that period delivered annual return to shareholders that were a third higher than those delivered by companies that allocated roughly the same amount of capital per unit as they had the previous year.

CEO 8

CEO ROIC Cost of Capital Merton 8

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

JULY 3, 2018

Chamber of Commerce supports companies in developing circular economies (CEs), and China — like Europe — has developed policies and legislation around CEs. Soon after, it developed a financing offer for refurbished equipment, which mirrored the warranty and service experience offered for new products.

Policies 8

Policies Asset Management Cost Productivity 8

Harvard Business Review

MAY 1, 2015

McKinsey analyzed more than 3,000 software and online-services firms from a 22-year period, finding that fewer than a third reached $100 million in revenue growth. How many software companies really make it big, at least in terms of revenue? Only a handful of companies reached the elusive $4 billion mark.

Software 8

Software Company McKinsey Incentives 8

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. In contrast, the U.S.

Supply Chain 9

Supply Chain Globalization GAAP Policies 9

Harvard Business Review

SEPTEMBER 11, 2017

One of the quickest ways to sort innovation ideas is to use the McKinsey Three Horizons Model. Horizon 2 ideas extend a company’s existing business model and core capabilities to new customers, markets or targets. This not only includes the obvious — is there product/market or solution/mission fit?

Process 13

Process Innovation Incubator Committee 13

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 21, 2012

On the contrary, they may become the most powerful tools yet developed to raise the productivity of high-skill knowledge workers — the kind of workers who help drive innovation and growth, and who are going to be in increasingly short supply. With consumers spending gobs of time in online communities ( more than 1.5 trillion annually.

Media 15

Media Productivity Products Technology 15

Harvard Business Review

JANUARY 19, 2016

Many leaders arrive into the C-suite having grown up in functions like Marketing or Finance and lean too heavily on instincts and cognitive biases shaped by their ascent within those disciplines. Executives develop breadth by broadening their exposure to the full organization and taking assignments across disciplines.

Execution 8

Execution Supply Chain Analysis Learning-by-Doing 8

Harvard Business Review

OCTOBER 27, 2015

Of these, only three, Switzerland, Ireland, and Estonia, made it to a commendable “Stand Out” category – which means that their high levels of digital development are attractive to global businesses and investors and that their digital ecosystems are positioned to nurture start ups and internet businesses that can compete globally.

Crisis 8

Crisis McKinsey Policies Globalization 8

Harvard Business Review

OCTOBER 10, 2017

A recent McKinsey report found that while 84% of corporate executives think innovation is key to achieving growth objectives, only 6% are satisfied with the innovation performance of their firm. Procter & Gamble’s Connect + Develop program and the Innocentive platform apply similar approaches. That’s quite a mismatch.

Innovation 8

Innovation P&L ROI Long-term 8

HR Digest

NOVEMBER 9, 2023

percent of senior managerial and directorial roles , according to McKinsey. Establish Benchmarks Make it a point to define industry and market benchmarks to compare your organization’s compensation practices. Then develop protocols for making adjustments to address identified pay disparities. percent of the U.S.

System 52

System How To Benchmarking Diversity 52

Harvard Business Review

JANUARY 1, 2014

Rahul and Noelle both made the transition into public service through Fuse Corps—a social sector start-up launched in 2011 with the support of companies like McKinsey, GE, and Starbucks to provide a pathway for talented professionals who wish to contribute to the public sector but don’t know where to begin. Just think about the U.S.

Entrepreneur 8

Entrepreneur Politics Policies Budgeting 8

Harvard Business Review

JANUARY 17, 2014

The technology may be abundant, but developing, recruiting and hiring the people to use it is becoming an acute challenge for Fortune 1000 companies. By 2018, the United States alone could face a shortage of as many as 190,000 people with deep analytical skills according to a study by the McKinsey Global Institute.

Information Technology 8

Information Technology Technology McKinsey Globalization 8

Harvard Business Review

APRIL 1, 2016

Recent research from the McKinsey Global Institute (MGI) looked at the state of digitization in sectors across the U.S. Right behind it are media, finance, and professional services, all of which have far more sophisticated digital capabilities than the rest of the economy.

Industry 8

Industry Benchmarking Supply Chain Health Care 8

Harvard Business Review

SEPTEMBER 28, 2012

The same investment logic holds for Apple's innovation ecosystem; the flow and fortune of its third-party apps development alone would yield valuable insight. That's as true for a Walmart or a JCPenney as it is for a McKinsey & Co. Ignore Costly Market Data and Rely on Google Instead? or a PricewaterhouseCoopers. More >>.

Hedge 15

Hedge Core Competence CFO ROI 15

Harvard Business Review

MARCH 7, 2012

private-sector research and development. multinationals by the McKinsey Global Institute. Foreign expansion can fuel employment growth at home in areas like manufacturing, logistics, R&D, design, marketing, finance, and management. In 2009, they accounted for 24.4% private-sector jobs and produced 28.7% of all U.S.

Globalization 9

Globalization Rivkin Supply Chain Trends 9

Harvard Business Review

SEPTEMBER 25, 2017

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 instance, before the crisis, the three largest German banks had two-thirds of their total assets in foreign markets; today it is only one-third. And it is not alone.

Banking 8

Banking McKinsey Finance Globalization 8

Harvard Business Review

MAY 11, 2016

The result, at least in developed nations, is a highly unequal corporate landscape, where some firms are incredibly productive and the amount of money a person makes is tied to the company they work for, not just the job that they do. 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

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. It started with developing a proprietary Corporate Horizon Index.

Long-term 8

Long-term EPS Short-term Management 8

Strategy Driven

OCTOBER 25, 2019

In contrast to startups, which often experiment until they gain their footing in the market, established businesses are notoriously slow to change. In order to adapt to a climate charged by automation, market shifts, and globalization, companies need to evolve to meet changing priorities and conditions. Adjust strategies to meet goals.

Agility 50

Agility Process Management McKinsey 50