LDRLB

OCTOBER 4, 2011

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). Their reactivity drags down whatever innovations do arise, and it’s really too bad.

Wilde 101

Wilde Innovation Resistance Leadership 101

Strategy Driven

JULY 13, 2011

Value: The Four Cornerstones of Corporate Finance by Tim Koller. While you can find numerous books focused on the topic of corporate finance, few offer the type of information managers need to help them make important decisions day in and day out. Discusses the four foundational principles of corporate finance.

ROIC 62

ROIC Balanced Scorecard Metrics McKinsey 62

LDRLB

OCTOBER 4, 2011

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). Their reactivity drags down whatever innovations do arise, and it’s really too bad.

Wilde 90

Wilde Innovation Resistance Leadership 90

Leading Blog

NOVEMBER 3, 2023

That’s a shame because the aviation industry as a whole still continues to be an industry model for how to operate with extremely high reliability despite having a highly fragmented set of organizational entities. The biggest challenge for companies when it comes to operational excellence is siloed behavior. logistics, and finance.

Industry 269

Industry Stage-Gate Organization Company 269

The Horizons Tracker

JULY 1, 2020

” A new report from EIT Health and McKinsey therefore offers a timely opportunity to gauge progress. The report specifically looks at how the human capital available to healthcare providers may be supporting, or undermining, progress with AI in the sector. ” Developing the skills.

Skills 87

Skills Report Technology Long-term 87

Marshall Goldsmith

FEBRUARY 8, 2018

Tammy Erickson – McKinsey award-winning author. a holding company that operates seven distinct business. Operations Group Baring Private Equity. Darek Lenart – Senior VP HR, Finance MasterCard. Former Operating Partner at Blackstone, Chief Human Resources Officer for Unilever. Former CEOs / Advisors.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Harvard Business Review

APRIL 16, 2015

There are just two ways to increase ROIC: improve operating profit (by increasing revenues or cutting costs) or invest capital more wisely. As the chart below shows, only half of the CEOs of companies in the Dow Jones Index have previous experience in corporate finance or strategy.

CEO 8

CEO ROIC Cost of Capital Merton 8

Harvard Business Review

JANUARY 12, 2018

Marketing and sales, manufacturing, recruiting (including people assessment), customer service, and support are all fields that can benefit from artificial intelligence according to McKinsey’s recent research. Companies are both operators and investors. In fact, it is doubling every 14 months and it will reach 10.5 ZB by 2020.

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

JULY 29, 2014

Those conditions elevated the work of the finance function to the point that, today, the CFO helps to set the course of business, advancing an organization’s growth and improving its competitive position by identifying and resolving key financial constraints. Finance Human resources' Bring on the quants.

CFO 11

CFO Charan Intangible Assets Human Resources 11

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. Another pervasive reason is that senior executives are trained as operators, not innovators. That’s quite a mismatch.

Innovation 8

Innovation P&L ROI Long-term 8

Harvard Business Review

JULY 3, 2018

It’s easy to see what countries think they have to gain in these efforts: The Ellen MacArthur Foundation , McKinsey , and Accenture believe that enabling CEs will lead to trillions of dollars in savings and is a particularly significant step in protecting the environment.

Policies 8

Policies Asset Management Cost Productivity 8

Harvard Business Review

APRIL 14, 2017

And in January 2017, McKinsey’s research arm estimated AI-driven job losses at 5%. Some 51% of our AI leaders predicted that by 2020 AI will have its biggest internal impact on their back-office functions of IT and finance/accounting; only 34% of AI followers said the same thing.

Company 12

Company Survey Finance Engineering 12

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. The debate about superstar firms and superstar effects has been intensifying, partly in response to the rapid growth of global US tech companies. Wider dynamics may be at play.

Industry 12

Industry Company GDP Bottom-up 12

Harvard Business Review

JULY 17, 2017

It’s far from the only case of a failure to embrace a more digital approach; the larger shift to digital is changing the way every industry operates. Banks are feeling the crunch; according to McKinsey , legacy financial institutions will see profits decline 20%–60% by 2025 if they fail to evolve digitally. Insight Center.

Industry 12

Industry Short-term Planning Long-term 12

Harvard Business Review

SEPTEMBER 11, 2017

Instead of having a committee vet ideas, they need a process that operates with speed and urgency , and that helps innovators and other stakeholders to curate and prioritize problems, ideas, and technologies. One of the quickest ways to sort innovation ideas is to use the McKinsey Three Horizons Model.

Process 13

Process Innovation Incubator Committee 13

Harvard Business Review

MARCH 14, 2016

What links the world together has changed fundamentally — and for many companies, succeeding in this new operating environment will require rethinking many past decisions and assumptions. Recent research from the McKinsey Global Institute explores this new era of digital globalization. trillion in 2014 alone.

Globalization 8

Globalization Supply Chain GDP Operations 8

Harvard Business Review

MARCH 29, 2011

The next most-represented originating organizations--the San Francisco Public Schools, Newark Public Schools, Chicago Public Schools, Americorps, the White House Fellow program, McKinsey and Company, and the United States Department of Education--each appeared in the work history of a founder of two (or about 4%) of these organizations.

Entrepreneur 14

Entrepreneur Education McKinsey Sample 14

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 4, 2014

Previously it focused on quantitative analysis in areas such as finance and operations, with little emphasis on other aspects of organizational life. Practical leadership and management skills. Management education has changed significantly over the last few decades.

Supply Chain 19

Supply Chain Reputation Education Learning-by-Doing 19

Harvard Business Review

NOVEMBER 20, 2015

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. For most governments, financing the global goals campaigns will be a stretch; governments have already reneged in the past on commitments for similar targets.

Goal 8

Goal Supply Chain Development Globalization 8

Harvard Business Review

MARCH 7, 2012

The evidence indicates that the United States is losing its ability to attract and expand the operations of multinationals and their significant contributions to productivity growth, innovation, and high-wage employment. shares of the global operations of U.S.-based multinationals by the McKinsey Global Institute.

Globalization 9

Globalization Rivkin Supply Chain Trends 9

Harvard Business Review

MARCH 21, 2011

After two years at McKinsey, I co-founded a venture capital firm in Canada, moved on to a couple startups here in the Valley, and then ended up at Google. We are talking about companies that are not only changing the way the world operates, but also the absolute best at what they do. What follows are excerpts of Lawee's remarks.

Entrepreneur 15

Entrepreneur McKinsey Technology Career 15

Harvard Business Review

AUGUST 21, 2012

Based on numerous case studies and in-depth research in four sectors (consumer packaged goods, consumer finance, professional services, and advanced manufacturing), McKinsey Global Institute analyzed the potential value that could be obtained through the use of social technologies. trillion annually. trillion annually.

Media 15

Media Productivity Products Technology 15

Harvard Business Review

JANUARY 17, 2014

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. million managers and analysts who understand big data and how to apply it to business operations. The study also found a looming need for over 1.5

Information Technology 8

Information Technology Technology McKinsey Globalization 8

Harvard Business Review

JULY 2, 2013

But it hasn''t yet tackled its operational challenges, the root causes of the country''s crisis. True, to the surprise of many analysts, the prime minister, Antonis Samaras, abandoned his earlier populist rhetoric and tried to sort out public finances. The fact is that Greece is monstrously inefficient as a manager of public services.

Politics 8

Politics Restructuring Crisis McKinsey 8

Harvard Business Review

JANUARY 27, 2017

McKinsey, Bain, and BCG are the management models here. In reality, “handoffs” and transitions prove to be significant operational problems. Autonomy is both the organizational and the operational center of gravity for innovation and growth. The Autonomous/Autonomy Advisor.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

SEPTEMBER 28, 2012

That's as true for a Walmart or a JCPenney as it is for a McKinsey & Co. But that mind-set's simply too focused and operational. LinkedIn, Twitter, and other social media platforms couldn't help but induce precisely the sorts of proprietary insights that might make even a Warren Buffett sit up and take notice.

Hedge 15

Hedge Core Competence CFO ROI 15

Harvard Business Review

DECEMBER 11, 2018

Well, Angelia, according to a recent study by McKinsey, over $1.3 What they realize is that they’ve always treated finance and financial management as a tier-one asset. And we’re seeing these business leaders of tomorrow they’re really championing a new operating model of work. What do you mean by that term?

Content 8

Content Crisis Apparel Learning-by-Doing 8

HR Digest

NOVEMBER 9, 2023

percent of senior managerial and directorial roles , according to McKinsey. Cross-Functional Collaboration Encourage collaboration between HR, finance, and departmental leaders to collectively design and review the compensation system. percent of the U.S. population according to Gallup , but hold only 1.2

System 52

System How To Benchmarking Diversity 52

Harvard Business Review

SEPTEMBER 25, 2017

Since 2007, gross cross-border capital flows have fallen by 65%, and half of that is due to a sharp reduction in cross-border lending and other banking activities, a new McKinsey Global Institute report finds. As European banks retreat, China is leading something of a changing of the guard in global finance. And it is not alone.

Banking 8

Banking McKinsey Finance Globalization 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. In this case its capital charge is $800 times 8%, or $64.

Long-term 8

Long-term EPS Short-term Management 8

Harvard Business Review

AUGUST 21, 2017

It wasn’t until I moved to Paris in 1997 to become Finance Manager for Disney Consumer Products Europe, Middle East, and Africa that I experienced someone setting a non-negotiable boundary for herself. You can verbally communicate this with your team, role model it, and create organizational operating principles around it.

Team 12

Team Conference Restructuring McKinsey 12

Harvard Business Review

SEPTEMBER 18, 2013

based consulting firm started by a pair of McKinsey alumni. that also incorporates former operating executives regularly in its project teams. Eden McCallum , for example, is a U.K. Business Talent Group is a similar business based in the U.S. Consulting Disruptive innovation'

McCallum 9

McCallum Consultative Disruptive Innovation Real Estate 9