First Friday Book Synopsis

DECEMBER 1, 2013

I hope that at least a few of these recent posts will be of interest to you: BOOK REVIEWS The Firm: The Story of McKinsey and Its Secret Influence on American Business Duff McDonald Connected: The Surprising Power of Our Social Networks and How They Shape Our Lives — How Your Friends’ Friends’ Friends Affect […].

Bryson 75

Bryson Blog McKinsey Tips 75

The Horizons Tracker

MARCH 15, 2022

Indeed, McKinsey recently argued that one of the few plus points from the pandemic was it reinforced the importance of building change capabilities within our organizations. “If a company is willing to learn from other sectors then that is really powerful.”

Company 99

Company Hofstede Supply Chain Agility 99

Lead Change Blog

APRIL 7, 2020

The tone-deaf ‘influencers’ still post bikini photos, and 20-somethings frolic on the Florida beaches. But more than that, hope calls on the power of the human heart to choose love and compassion in the face of despair and cynicism.” Has-been musicians pontificate while sitting in their rose petal-strewn bathtubs.

Leadership Development 238

Leadership Development Development Leadership Crisis 238

Harvard Business Review

JULY 18, 2023

A conversation with McKinsey’s Emily Field on reimagining the roles to fit the times.

Middle Management 15

Middle Management McKinsey Management Power 15

Center for Creative Leadership

AUGUST 26, 2019

Though the work contexts may differ, both types of leaders must deal with competing priorities, conflicting vested interests, and rival centers of influence and power. And leaders from both contexts take these competencies with them when they go on to their next challenge.

Benchmarking 57

Benchmarking Leadership Bottom-up Leadership Pipeline 57

CO2

JANUARY 15, 2020

According to a 2019 Conference Board survey , the most common reasons CEOs hire an executive coach are leading teams and developing people; executive presence or influencing others; and emotional intelligence. Why Hire Executive Coach as a CEO? All these reasons have to do with people. This is why hire an executive coach!

Executive Coaching 78

Executive Coaching Execution Welch Self-aware 78

CO2

JANUARY 15, 2020

According to a 2019 Conference Board survey , the most common reasons CEOs hire an executive coach are leading teams and developing people; executive presence or influencing others; and emotional intelligence. Why Hire an Executive Coaching as a CEO? All these reasons have to do with people. This is why hire an executive coach!

Executive Coaching 78

Executive Coaching Execution Welch Self-aware 78

CO2

JANUARY 15, 2020

Why CEOs want executive coaching According to a 2019 Conference Board survey , the most common reasons CEOs hire an executive coach are leading teams and developing people; executive presence or influencing others; and emotional intelligence. All these reasons have to do with people.

Executive Coaching 78

Executive Coaching Execution Welch Self-aware 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. Generation Z , which includes anyone born between 1997 and 2012, influences your business more each day as the generation enters the workforce and its purchasing power increases.

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. Generation Z , which includes anyone born between 1997 and 2012, influences your business more each day as the generation enters the workforce and its purchasing power increases.

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

Strategy Driven

NOVEMBER 22, 2016

If you can combine that idea with a powerful rationale, you’ll get to “yes” before you know it. You can either ramble on about all the data you’re gathering and the analysis you’re doing or you can give them a brief yet powerful explanation of the idea you’re pursuing and why it’s exciting. Make Your Audience Care.

Metrics 50

Metrics CFO Chief Financial Officer Marketing 50

Harvard Business Review

SEPTEMBER 15, 2015

In fact, they can be even more powerful than that: stories can influence our decisions and behavior. At McKinsey, employees are highly familiar with stories about long-time managing director Marvin Bower’s integrity, and at Starbucks, stories are widely told about CEO Howard Schultz’s commitment to employee welfare.

Influence 8

Influence Bottom-up McKinsey Hotels 8

Marshall Goldsmith

FEBRUARY 8, 2018

Tammy Erickson – McKinsey award-winning author. Black Enterprise Magazine ‘Top 100 Most Powerful Executives in Corporate America’ and ‘50 Most Powerful Women in Corporate America’. One of LinkedIn’s 2017 ‘Top Voices’ among all Influencers. World authority on branding and culture transformation.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Harvard Business Review

OCTOBER 17, 2018

New research from the McKinsey Global Institute simulates the potential global macroeconomic impact of five powerful technologies (computer vision, natural language, virtual assistants, robotic process automation, and advanced machine learning). The modeling and simulation relies on two important features.

GDP 10

GDP McKinsey Long-term Technology 10

Leading Blog

MAY 31, 2016

Here are a selection of tweets from May 2016 that you might have missed: How new CEOs can boost their odds of success via @McKinsey. Stop Trying to Grow Influence. 12 Powerful Lessons I’ve Learned Being a Leadership Coach by @LollyDaskal. Give ‘Em Some Space (For Possibilities) by @Julie_WG. Grow this Instead. by @ChadBalthrop.

McKinsey 150

McKinsey Maturity Learning-by-Doing Video 150

Strategy Driven

DECEMBER 8, 2010

Social Nation : How to Harness the Power of Social Media to Attract Customers, Motivate Employees, and Grow Your Business by Barry Libert It’s time to join Social Nation and prosper! Indeed, a 2008 issue of the McKinsey Quarterly noted that women tend to make deeper emotional connections with colleagues and business partners.

Self-aware 72

Self-aware Media Open-book Learning-by-Doing 72

Harvard Business Review

AUGUST 2, 2013

Those are the questions behind the Leaders Everywhere Challenge, the second leg of the Harvard Business Review/McKinsey M-Prize for Management Innovation. This is a robust collection of real-world case studies and courageous experiments in rethinking the work of leadership, redistributing power, and unleashing 21st century leadership skills.

Leadership 8

Leadership McKinsey Case Study Learning-by-Doing 8

Harvard Business Review

OCTOBER 12, 2018

Without the avid support of men, often the most powerful stakeholders in most large corporations, significant progress toward ending gender disparities is unlikely. Large events and local resource groups have afforded women a powerful platform for sharing experiences, providing support, and strategizing equity initiatives.

Conference 15

Conference Self-aware Diversity Participative 15

Harvard Business Review

SEPTEMBER 18, 2012

A McKinsey study released in May 2011 stated that, by using Big Data to the fullest, retailers stood to increase their operating margins by up to 60% — this, in an industry where net profit margins are often less than 2%. Retail has entered the era of Big Data. But it is fast becoming cannon fodder.

Retail 15

Retail Brand Marketing Industry 15

Harvard Business Review

DECEMBER 22, 2010

No wonder that a 2008 McKinsey survey found that only 20% of senior executives believe that their corporate philanthropy is effective in achieving social goals. Goldman used its power to scale to get to market quickly, assembling a pipeline of services, investing in sophisticated measurement systems and developing a global core curriculum.

Core Competence 15

Core Competence Market Segmentation Globalization Reputation 15

Harvard Business Review

MAY 6, 2013

McKinsey & Company, for example, has a clearly articulated set of values that are prominently communicated to all employees and involve the way that firm vows to serve clients, treat colleagues, and uphold professional standards. Now a professor at Harvard , one of Ganz''s core areas of research and teaching is the power of narrative.

Heskett 13

Heskett Mission Statement McKinsey Open-book 13

Harvard Business Review

AUGUST 26, 2013

Beyond its power in binding Americans together, the US brand promise has a powerful influence abroad. None is ever-present in the US, but their evocative power is great, and they resonate with the experience of business leaders I''ve met. It''s a powerful message in every frontier market I''ve visited. Opportunity.

Brand 9

Brand Entrepreneur Media Globalization 9

Harvard Business Review

AUGUST 24, 2015

Pundits such as Paul Krugman, Joe Stiglitz, and Jeffrey Sachs have rushed to comment on the Greek crisis, eagerly using their considerable influence, followed by like-minded commentators. Let’s hope they will appreciate that with power and influence comes responsibility.

Crisis 8

Crisis Policies Short-term GDP 8

Harvard Business Review

DECEMBER 24, 2013

McKinsey may have been hired in 2013 by the Vatican, the Bank of England, and the owners of the Rangers and Knicks, but they’re also acting to stave off threats to their business model. The best way to influence and lead others, they say, is to begin with warmth. Technology offers real hope for Africa’s economic future.

Management 19

Management Health Care Middle Management Agility 19

Harvard Business Review

MARCH 26, 2012

Anchoring is the psychological phenomenon that makes a number stick in your mind and influence you — even though you think you're disregarding it. Many studies have shown that even obviously irrelevant numbers influence estimates. An anchor is such a powerful influence that only another anchor can overcome it.

Budgeting 10

Budgeting Zero Based Budgeting Benchmarking McKinsey 10

Harvard Business Review

JULY 19, 2017

A venerable management tool — organizational network analysis (ONA) — can result in powerful visual representations of the way inclusion actually plays out in your organization. based professional services firm we worked with unexpectedly learned the power of such pictures to map gender diversity. Recently, a large U.S.-based

Company 8

Company Diversity Analysis Attrition 8

Harvard Business Review

JANUARY 14, 2016

For example, a traditional Saudi steel company in Riyadh may very likely have norms that are traditionally Saudi, such as a relatively high level of power distance. But imagine the cultural norms of a global consulting firm like McKinsey that also happens to be in Riyadh.

Travel 8

Travel McKinsey Learning-by-Doing Globalization 8

Harvard Business Review

JUNE 18, 2013

If you have considered investing in Africa, you have no doubt been influenced by frequent recent reports on the continent''s apparently large, burgeoning middle class. Top global consultancies Deloitte and McKinsey estimate the size of the African middle class at between 200 million and 300 million.

Class 10

Class Globalization Banking Education 10

Harvard Business Review

SEPTEMBER 26, 2014

This network effect reflects the power of “word of mouth,” which McKinsey says is the primary factor for 20-50% of all purchase decisions. Given that superconsumers are the most insightful and articulate consumers of a specific category, it is no surprise their influence is felt by regular consumers nearby.

Marketing 9

Marketing Mass Marketing ROI CRM 9

Harvard Business Review

JANUARY 27, 2017

The most painful board conversations that I hear about machine learning revolve around how much power and authority super-smart software should have. McKinsey, Bain, and BCG are the management models here. Human leadership defers to demonstrable algorithmic power. That’s hard. The Autonomous/Autonomy Advisor.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

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. Furthermore, if membership of this club develops significant cache, then it becomes a powerful branding tool and a lever for competitive advantage.

Goal 8

Goal Supply Chain Development Globalization 8

Harvard Business Review

JANUARY 11, 2016

Together, they have the stature to challenge and influence how the company makes decisions. In our experience at McKinsey, creating this ideal partnership usually requires the CFO to become more directly and deeply involved in strategy development. There are two reasons for this.

Strategy 8

Strategy CFO Finance Short-term 8

Harvard Business Review

DECEMBER 13, 2017

Like all CEOs, Dominic Barton, global managing director of McKinsey & Company, has a daily schedule of back-to-back meetings. ” As leaders, having the ability to be fully present and listen with an open mind is often the most powerful way to solve issues. Be Here Now. This includes sitting up straight, with our arms open.

Open-book 8

Open-book Letter McKinsey Survey 8

First Friday Book Synopsis

APRIL 23, 2011

Here is an excerpt from an article about John Hagel III featured by the Knowledge@Wharton website, sponsored by Wharton School of the University of Pennsylvania.

Download 75

Download Resources Article Human Resources 75

Harvard Business Review

APRIL 30, 2012

The gateways of power have changed. I'd like to explore this topic with you by sharing two arguments about what defines power today. Argument 1: You Are Powerful Beyond Measure. The Social Era unlocks new doors of both who can contribute and what can be created, and thus changes the very source of power itself.

Power 16

Power Venture Capitalist Business Model McKinsey 16

Harvard Business Review

JULY 27, 2015

What’s more, the recent McKinsey study on Greek competitiveness shows that the country’s biggest challenge has been a lack of investment. And it all revolves around a statist model, with politicians creating influence zones. Greece’s main economic problem is structural and an exit from the Eurozone will not solve it.

Banking 8

Banking Crisis Tourism Policies 8

Harvard Business Review

JANUARY 29, 2013

Vice President Al Gore, McKinsey Managing Director Dominic Barton (see his HBR article and blog ), and Vanguard Group founder John Bogle have advocated bolstering the voting rights of long-term shareholders or, conversely, withholding them from short-term investors. Prominent commentators such as former U.S.

Short-term 8

Short-term Long-term Class Proposal 8