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McKinsey’s 9 Months Pay Leave Offer Extends Support for Finding a New Job

HR Digest

The company has not revealed how many employees have been offered the option to leave but sources indicate triple-digit numbers, so hundreds of their employees could turn up on the job market soon. The size of the company and its dominant position in the market makes it easy for the company to extend such extensive support.

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How to Ensure Your Organization’s Digital Transformation Succeeds

Leading Blog

To illustrate the potential impacts, in 2007, Nokia had a little over half the mobile phone market with an operating profit of about $7.8 Its phones were quickly viewed as antiquated and difficult to work with for developers. Subsequently, its market share plummeted by 90 percent. Nokia just couldn’t keep up.

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Speak Your Truth So That Others Can Hear It

Leading Blog

Prior to founding Co-Creation Partners, he was a consultant with McKinsey and Company, most recently as a leader in their Organization Practice in North America. Before McKinsey, he worked in marketing for Pepsi Cola International and Procter & Gamble in Europe, the Middle East, and India.

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Does Starbucks New CEO Signal a Culture Change?

Modern Servant Leader

Starbucks’ decision to go outside the company for their new CEO indicates either an inability to effectively develop leaders to the highest level or a desire for something different. Still, companies can and often do develop CEO successors internally, especially when maintaining the culture is a priority. .

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7 Ways to Manage a Talent Shortage

Analysts from Goldman Sachs to McKinsey are predicting a robust post-pandemic recovery. But it also means your business needs to hire and retain talented people in a highly competitive market. Modernize the way you develop talent. This is great news. Become a company known for learning & training.

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How Operational Excellence Attracts and Retains Talents

Strategy Driven

A study encompassing over 600,000 individuals across various professions revealed that top performers are up to 800% more productive in complex jobs like software development and management. Professional Growth and Development : Continuous Learning: Organizations that excel operationally often prioritize continuous learning and development.

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Reskilling the Future of Work

HR Digest

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. According to McKinsey, AI and automation will displace between 400 million and 800 million individuals by 2030.

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