Rich Gee Group

OCTOBER 8, 2023

A report by McKinsey Global Institute estimates that AI could add $13 trillion to the global economy by 2030. Analyze which areas of your operations could benefit the most from AI integration. AI specialists can provide insights into what technologies to adopt, how to integrate them, and how to avoid potential pitfalls.

Supply Chain 195

Supply Chain Ethics Case Study Handbook 195

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. But less than half of the respondents had a clear sense of how to address the problem. ACCELERATING UPSKILL.

McKinsey 134

McKinsey Aggregate Demand Industry Crisis 134

CO2

SEPTEMBER 21, 2022

It’s common to see vague purpose statements centered around being the best or leading provider whatever sector the organization operates. He adds: “Rather than stating: We want to climb every mountain in the world , your purpose statement should be closer to: We’re going to climb this mountain and this is how we’re going to do it.” .

How To 78

How To Long-term Performance Review Mission Statement 78

CO2

SEPTEMBER 21, 2022

It’s common to see vague purpose statements centered around being the best or leading provider whatever sector the organization operates. He adds: “Rather than stating: We want to climb every mountain in the world , your purpose statement should be closer to: We’re going to climb this mountain and this is how we’re going to do it.”

How To 78

How To Long-term Performance Review Mission Statement 78

The Practical Leader

APRIL 5, 2023

Hmm…oh, oh… Looking at the typical approach they’ve used before, four common strategic planning problems immediately popped out: The agenda was loaded with about 17 project/operational presentations/reviews and updates. The session focused on operational and tactical issues. How do you know? Nap by PowerPoint.

Planning 52

Planning Strategic Planning How To Operations 52

Leading Blog

FEBRUARY 19, 2020

Considering that most change efforts only succeed 30% of the time, Scott Keller and Bill Schaninger (both McKinsey partners) put forth a change model to increase the odds of success (upwards of 79% of the time) in Beyond Performance 2.0. Health is about the how. Act : Ownership model. Advance : Learning infrastructure.

Hamel 276

Hamel Objective McKinsey Learning-by-Doing 276

The Practical Leader

DECEMBER 9, 2020

Just how much does satisfying today’s customer reduce the cost of acquiring tomorrow’s? But how to quantify that to show senior executives the value of building a customer-centered culture? That’s the question headlining a recent article in Harvard Business Review.

McKinsey 124

McKinsey Human Resources Insurance Cost 124

The Horizons Tracker

MAY 24, 2022

Many AI-related projects were stuck in a research or pilot phase and were subsequently making little real impact on the operations of the business. For all the hype surrounding technologies such as AI, for most of the last few years, there has been precious little return on the investments companies were making.

Company 92

Company Survey McKinsey Project 92

First Friday Book Synopsis

MAY 12, 2012

Here is a brief excerpt from another outstanding article, co-authored by Aaron De Smet, Johanne Lavoie, and Elizabeth Schwartz Hioei, and featured online by The McKinsey Quarterly, published by McKinsey & Company. [.].

McKinsey 80

McKinsey Development How To Article 80

N2Growth Blog

SEPTEMBER 28, 2020

Find HR’s hand (in a good way) in everything as an enabler and contributor to operations flowing all the way through to customer/client satisfaction. First, they must know how to effectively scale people—helping key individuals make a massive impact across the entire organization. Find a strong and well positioned employer brand.

Human Resources 469

Human Resources Globalization Diversity Resources 469

Great Leadership By Dan

JULY 30, 2020

McKinsey predicts that by 2030, over 25 million jobs in the United States will be automated. We reflexively seek confirmation of what we expect to see, feel, or think; to protect our egos; and to strive for cohesiveness of our personal stories of how our world works. We are creatures of habit and operate much of the time on autopilot.

Career 231

Career Learning-by-Doing McKinsey Technology 231

Experience to Lead

JANUARY 25, 2022

This robust leadership blog from INSEAD features incisive pieces on strategy, operations and management. Check this out: How to Lead When Your Employees Know More Than You Do. The McKinsey Podcast. Great for business and management insights from leading experts at McKinsey. INSEAD Knowledge. ESSEC Knowledge.

Blog 52

Blog Leadership McKinsey Globalization 52

Eric Jacobson

NOVEMBER 3, 2022

How do you recommend readers read the book and use it to apply the learnings? Secondly, because the leadership lessons are those forged among the highest profile, highest stakes, and most complex leadership positions, we see that many of the lessons also apply to the vast majority of leadership roles.

CEO 104

CEO Banking Learning-by-Doing McKinsey 104

Eric Jacobson

MARCH 14, 2022

How do you recommend readers read the book and use it to apply the learnings? Secondly, because the leadership lessons are those forged among the highest profile, highest stakes, and most complex leadership positions, we see that many of the lessons also apply to the vast majority of leadership roles.

CEO 93

CEO Banking Learning-by-Doing McKinsey 93

Eric Jacobson

JUNE 23, 2022

How do you recommend readers read the book and use it to apply the learnings? Secondly, because the leadership lessons are those forged among the highest profile, highest stakes, and most complex leadership positions, we see that many of the lessons also apply to the vast majority of leadership roles.

CEO 85

CEO Banking Learning-by-Doing McKinsey 85

Great Leadership By Dan

OCTOBER 9, 2012

Given that I’ve written about how to design great leadership development programs , I thought it might make for an interesting case study to share with readers how I applied a lifetime of leadership development expertise to this program. Yet there is a real pay-off for companies that choose to close this gap.

Leadership Development 249

Leadership Development Development Committee Leadership 249

Eric Jacobson

JANUARY 18, 2023

How do you recommend readers read the book and use it to apply the learnings? Secondly, because the leadership lessons are those forged among the highest profile, highest stakes, and most complex leadership positions, we see that many of the lessons also apply to the vast majority of leadership roles.

CEO 65

CEO Banking Learning-by-Doing McKinsey 65

Eric Jacobson

DECEMBER 31, 2022

How do you recommend readers read the book and use it to apply the learnings? Secondly, because the leadership lessons are those forged among the highest profile, highest stakes, and most complex leadership positions, we see that many of the lessons also apply to the vast majority of leadership roles.

CEO 65

CEO Banking Learning-by-Doing McKinsey 65

HR Digest

NOVEMBER 20, 2020

Noticing fellow teachers struggling with technology adoption, she moved into the role of instructional technologist, implementing IT projects and training teachers how to use technology in the classroom. Coding, budgeting, and marketing operations are examples. She started as a high school Spanish teacher.

Skills 145

Skills Emotional Intelligence CFO Power 145

Strategy Driven

JULY 13, 2011

Filled with in-depth insights from experts at McKinsey & Company, this reliable resource takes a much more qualitative approach to what the authors consider a lost art. Addresses how to ensure your company has the right governance, performance measurement, and internal discussions to encourage value-creating decisions.

ROIC 62

ROIC Balanced Scorecard Metrics McKinsey 62

CO2

APRIL 1, 2022

A recent survey conducted by McKinsey found that 42% of millennial and Gen Z consumers cited purpose as the primary reason they switched brands. After all, your business’s future success depends not only on the health and longevity of the community in which you operate — but also on the health of our entire world.

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

CO2

APRIL 1, 2022

A recent survey conducted by McKinsey found that 42% of millennial and Gen Z consumers cited purpose as the primary reason they switched brands. After all, your business’s future success depends not only on the health and longevity of the community in which you operate — but also on the health of our entire world. Ernst & Young.

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

Leading Blog

FEBRUARY 10, 2023

And this is basically how we think of business today. McKinsey partners Venkat Atluri and Miklós Dietz illuminate that change in The Ecosystem Economy. Sectors like construction, real estate, automotive manufacturing, financial services, and health care have been thought of as distinct categories, each operating in its own spheres.

Supply Chain 308

Supply Chain Real Estate Automotive McKinsey 308

The Idolbuster

SEPTEMBER 12, 2012

Harry has the pedigree to back it up: a thirty-year history that includes a stint at McKinsey and management positions at a string of successful companies.

CEO 42

CEO McKinsey Follow-up Consultative 42

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. Recall how the U.S.

Industry 267

Industry Stage-Gate Organization Company 267

Marshall Goldsmith

NOVEMBER 4, 2013

Many leaders will be operating more like the managing director of a consulting firm. At the consulting firm McKinsey and Company, a Director may often have less detailed knowledge about a client than a more junior partner. When direct reports know more than their managers, they have to learn how to “influence up.”

Short-term 107

Short-term Long-term Trends Telecommunications 107

Eric Jacobson

MAY 25, 2016

In order to survive over the long term and gain competitive advantage, companies must learn how to connect profoundly with the world around them -- not only with customers and stakeholders, but also with employees, local communities, politicians, and the environment itself."

Company 50

Company Competitive Advantage Open-book Long-term 50

Persuasive Powerhouse

JANUARY 19, 2011

It was also critical for the safety of the entire crew because if there was an accident, an illness, or an attack and the helmsman of the ship was incapacitated it would be kind of problematic if no one in the crew knew how to steer the boat. Ensure HR knows who those people are and how to contact them. Stay in touch with those people.

Training 257

Training Blog Greenleaf Maslow 257

Harvard Business Review

NOVEMBER 12, 2018

As a sign that many executives are thinking along just these lines, a recent McKinsey survey of retailers and consumer goods manufacturers found that almost half of those undertaking sustainability initiatives were pursuing new business or growth opportunities.

Execution 10

Execution Incentives How To Committee 10

Harvard Business Review

SEPTEMBER 11, 2015

In-house strategy and consulting groups are growing in popularity , supplementing and increasingly winning business from traditional consulting firms such as McKinsey & Company, Boston Consulting Group and Bain & Company. Here’s what we’ve learned about how to establish a successful internal consulting group.

Consultative 8

Consultative Team How To McKinsey 8

Harvard Business Review

AUGUST 29, 2017

According to a recent McKinsey Global Institute report , the number of people in the global labor force will reach 3.5 What’s more, the subsidiaries operated more or less autonomously, each with separate organizational cultures and norms. Photo by Christine Roy. Translators were employed for cross-border communications.

Succession 15

Succession Globalization Tacit Knowledge GDP 15

Harvard Business Review

JULY 19, 2018

Just as you wouldn’t hire a human employee without an understanding of how he or she would fit into your organization, you need to think clearly about how an artificial intelligence application will drive actual business results. How companies are using artificial intelligence in their business operations.

Project 9

Project How To Technology ROI 9

Harvard Business Review

SEPTEMBER 11, 2017

companies can’t fill their open positions, according to a McKinsey Global Institute study that found that analytical, engineering, and management roles are the hardest to fill. Adaptable Processes Identify and modify key business processes, policies, and procedures to align with the new ways of operating.

Content 9

Content Katz Forrester Budgeting 9

HR Digest

NOVEMBER 9, 2023

As 2023 draws to a close and companies begin to settle on the wages and hikes for the next year, the question of how to create an equitable compensation system might flash in everyone’s mind—if briefly. percent of senior managerial and directorial roles , according to McKinsey. percent of the U.S.

System 52

System How To Benchmarking Diversity 52

Marshall Goldsmith

FEBRUARY 8, 2018

Tammy Erickson – McKinsey award-winning author. a holding company that operates seven distinct business. Operations Group Baring Private Equity. Author: How to Be Happy at Work. . Former Operating Partner at Blackstone, Chief Human Resources Officer for Unilever. World authority on generations in the workplace.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Harvard Business Review

DECEMBER 4, 2013

If you want to put analytics to work and build a more analytical organization, you need two cadres of employees: Analytics professionals to mine and prepare data, perform statistical operations, build models, and program the surrounding business applications. million business people with the know-how to put big data analytics to use.

How To 8

How To Competitive Intelligence Information Technology McKinsey 8

Marshall Goldsmith

MAY 19, 2013

In a talk to the Drucker Foundation Advisory Board in 1993, Peter Drucker said, “The leader of the past was a person who knew how to tell. The leader of the future will be a person who knows how to ask.” Many organizations have historically operated on the “there is one best way” school of management.

Follow-up 147

Follow-up Learning-by-Doing Wireless Drucker 147