article thumbnail

AI for Execs: Navigating the Future of Business.

Rich Gee Group

A report by McKinsey Global Institute estimates that AI could add $13 trillion to the global economy by 2030. Supply chain management? Prioritize Data Management: AI thrives on data. As an executive, ensuring your business has a robust data management strategy is paramount. Is it customer service? Product recommendations?

article thumbnail

Want To Thrive in Leadership Future? Tether Yourself To Values

Leading in Context

for organizations and leaders to become frozen by the magnitude of the changes under way" (McKinsey & Co., Management Intuition For the Next 50 Years). How should we stay grounded as we avoid crises and manage our way through a maze of increasing expectations? By Linda Fisher Thornton It would be "easy [.]

Ethics 231
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Are You Ready for Recovery?

Leading Blog

A S a McKinsey & Company article stated in late March 2020: “What leaders need during a crisis is not a predefined response plan but behaviors and mindsets that will prevent them from overreacting to yesterday’s developments and help them look ahead.”. This approach self-evidently enables a mindset that offers a long-term perspective.

McKinsey 294
article thumbnail

The Future Is Where Brands Must Focus

Great Leadership By Dan

And the actions that these brands take to demonstrate their credibility must clearly illustrate a blend of corporate ethics and brand authenticity. And the ‘actual’ difference between ethical brands with a moral code and those exposed as being without one, is increasingly a key factor in consumer brand adoption or rejection.

Brand 189
article thumbnail

Key Qualities of a Vibrant Culture Leader

Great Leadership By Dan

According a leadership survey conducted by McKinsey , U.S. In order to do this and to be the catalyst for vibrant workplace cultures, they need to do one thing that most managers don’t -- they need to relentlessly develop their emotional intelligence. companies spend around $14 billion on leadership development. 4, 2019).

Quality 214
article thumbnail

Remote Work Impact: The Employee Engagement Decline Is Causing Panic

HR Digest

In addition to the employee disengagement statistics, McKinsey ’s research has indicated that disengagement and any resulting attrition could cost a median-size S&P 500 company between $228-$355 million a year in lost productivity. Is the Remote Work Impact Really That Significant? How to React to the Employee Disengagement Statistics?

article thumbnail

Employee Relationships is a Serious Employer Responsibility

HR Digest

Amidst all the revenue numbers and share valuations that companies wear as a badge of honor, the concept of employee relationship management has emerged as another undeniable sign of a successful organization. HRM principles indicate that defining the company’s ethics and values can make maintaining a harmonious workplace that much easier.

Schein 98