HR Digest

JULY 28, 2021

In a recent McKinsey Global Survey on the future of workforce needs, nearly nine in ten executives and managers say their organizations either face skills gap already or expect gaps to develop within the next five years. That’s one-fifth of the global workforce. The world of work faces a paradigmatic transition.

McKinsey 134

McKinsey Aggregate Demand Industry Crisis 134

Skip Prichard

JULY 22, 2019

Tesla’s genius and education led him to develop the foundations for electric induction motors, wireless telegraphy, radios, neon lamps, and remote control. In fact, his inventions in three-phase electric power and alternating current eventually enabled the global distribution of electricity as we know it. Championing change is hard.”

Innovation 80

Innovation Social Capital Reputation How To 80

Tanveer Naseer

JANUARY 10, 2017

The networking goal is more likely to be about developing deep and long-term strategic relationships than for completing short-term tasks. Developing these networks—and the influence that they afford—is critical to success. Developing these networks—and the influence that they afford—is critical to success.

Long-term 100

Long-term Short-term Social Capital Bureaucracy 100

Leading with Trust

JUNE 22, 2020

In her new book, Saving Face—How to Preserve Dignity and Build Trust , Maya Hu-Chan examines face as a global concept that enables one to connect with people, break down barriers, and build trust and long-term relationships. She emphasizes that face is a form of social currency.

P&L 100

P&L How To Self-aware Emotional Intelligence 100

LDRLB

APRIL 23, 2012

Whereas innovation used to be all about research & development, technology, and product or service innovation, what’s required for innovation today goes far beyond the traditional nuts and bolts. This one little question lies at the intersection of two big fields – leadership and innovation. The other domain is leadership.

Innovation 114

Innovation Kaplan Short-term Long-term 114

LDRLB

APRIL 23, 2012

Whereas innovation used to be all about research & development, technology, and product or service innovation, what’s required for innovation today goes far beyond the traditional nuts and bolts. We all know the companies and brands that failed to find this delicate balance: Kodak, Blockbuster, Borders, and the list could go on and on.

Innovation 113

Innovation Kaplan Short-term Long-term 113

Strategy Driven

MARCH 11, 2016

As a management consultant to over a hundred firms in the last thirty years, my team and I have worked with global companies such as Toyota, Suncor, Siemens, and FedEx, to name a few, to help them transform into new world companies – companies ready to take on the challenges of today’s global economy.

Company 50

Company Globalization Outsourcing Transportation 50

Harvard Business Review

MAY 2, 2017

Setting up innovation outposts in global technology clusters, such as Silicon Valley, Boston, and Tel Aviv, is highly popular among Fortune 500 corporations. Unhindered, they quickly amassed valuable social capital through an array of personal and professional relationships, as well as local intelligence and insights.

Innovation 9

Innovation Social Capital CRM Tacit Knowledge 9

Harvard Business Review

MARCH 5, 2013

Last June, I raised a few eyebrows when I told attendees at the United Nations Conference on Sustainable Development in Rio (aka Rio+20 ) that "accountants would save the world." A transport company like TNT is a typical beneficiary of globalization. But I meant it. Why accounting? During my time as CEO of TNT N.V.

Social Capital 12

Social Capital Report Finance Transportation 12

Harvard Business Review

MARCH 27, 2012

I once hired a McKinsey consultant into a country manager role in a developing region. I could see he was motivated, and still eager to grow, so I pushed him to instead think about what larger global roles he could perform for his current employer. This is a key competence for global leaders. Challenge yourself just enough.

Positioning 12

Positioning Social Capital McKinsey Globalization 12

Harvard Business Review

MARCH 7, 2018

Through professional speaking, business development on behalf of The Community Company, and mentoring aspiring young entrepreneurs through groups like Junior Achievement, I interact with tens of thousands of individuals every year, but there are only a handful of people and activities I make time for religiously.

How To 15

How To Entrepreneur Social Capital Mentor 15

Harvard Business Review

NOVEMBER 1, 2011

Called simply "The Prosperity Index," it is the world's only global assessment of prosperity that integrates measures of both financial income and nonfinancial wellbeing—in all, reflecting 93 dimensions of performance. It is the first global index to measure countries based on both wealth and wellbeing.

GDP 10

GDP Social Capital Globalization Entrepreneur 10

Harvard Business Review

MARCH 20, 2017

When we look at global averages, we see that self-employment is generally associated with lower levels of happiness as compared to being a full-time employee. In most developed nations, we find that being self-employed is associated both with higher overall life evaluation and with more negative, daily emotions such as stress and worry.

Report 14

Report Transportation Stress Quality 14

Harvard Business Review

DECEMBER 10, 2015

The free-flowing exchange, in which employees, partners, and collaborators gain social capital through their creative input, has helped propel growth. Some eventually cross over to become full-time employees. 3D Robotics currently makes more consumer and commercial drones than any other company in America. Further Reading.

Creativity 8

Creativity Storytelling Social Capital Open-book 8

Harvard Business Review

OCTOBER 12, 2018

A study by McKinsey projects that in a “full potential” scenario in which women participate in the economy identically to men, $28 trillion dollars (26%) would be added to the annual global GDP when compared to the current business-as-usual scenario. Sometimes, we need to rein this in. Get comfortable being uncomfortable.

Conference 15

Conference Self-aware Diversity Participative 15

Harvard Business Review

AUGUST 12, 2013

What follows is a customer experience cautionary tale, illustrating the kind of lapse that can happen even at a company with a global reputation for being customer-centric. They''re always interested to build their "social capital." But take note: beyond the caution is a tremendous opportunity, for Apple and other retailers.

Retail 8

Retail Video Audience Social Capital 8

The Horizons Tracker

JANUARY 23, 2020

The rosy picture continues with signs that the global investment slump we experienced between 2009 and 2014 has ended, with this joined by strengthened property rights, investor protections and contract enforcement. There is a fundamental relationship between strengthening institutions and broader economic and social development.

Report 84

Report Globalization Social Capital Education 84

Harvard Business Review

FEBRUARY 27, 2012

While the global financial meltdown and its aftershocks have unleashed a flood of indignation, condemnation, and protest upon Wall Street, the crisis has exposed a deeper distrust and implacable resentment of capitalism itself. What tactics or capabilities might we develop to earn some slack from investors?

Short-term 15

Short-term Long-term Ethics Incentives 15

Harvard Business Review

MARCH 5, 2012

It's becoming ever clearer that entrepreneurship is the answer to the vexing economic questions facing Africa today: job creation, capital formation, skills acquisition, taxation-based self-sufficiency, quality of governance-demand, and of course social inclusion. But how has it actually evolved in Africa?

Entrepreneur 16

Entrepreneur Banking Supply Chain Globalization 16

Harvard Business Review

OCTOBER 26, 2017

Political economist Francis Fukuyama predicted a future when social capital would be as important as physical capital, and that only those societies with a high degree of social trust would be able to create large-scale organizations capable of competing in the new economy.

Supply Chain 8

Supply Chain Content Power Transportation 8

Harvard Business Review

SEPTEMBER 30, 2014

Gordon Brown said during the campaign that Scotland’s fight should not be with London but with globalization. There was no UK strategy to enable Scotland to develop alternative engines of growth, as other small advanced economies were able to do. But neither is this the full story. The UK’s future in the EU is uncertain.

Consensus 10

Consensus Globalization Politics Policies 10

Harvard Business Review

NOVEMBER 4, 2016

Much of continental Europe is convulsed with similar combinations of disaffection , protectionism , and, in some cases, nationalism and even racism that have morphed into a more-or-less generalized anger against globalization. Pro-globalizers need to do a better job of making their case. In the U.S., distributors, retailers, and so on.

Globalization 8

Globalization Education Policies Survey 8