Great Leadership By Dan

NOVEMBER 27, 2018

But a problem that’s becoming ever more visible is that some organisations have made authenticity their marketing strategy, rather than a business one. This isn’t a marketing issue, this is a business-wide issue, involving every facet of the organisation. And this genuinely has to go all the way. The future is where brands must focus.

Brand 189

Brand Supply Chain Ethics Reputation 189

Chart Your Course

AUGUST 22, 2014

Only 52 percent of companies spend their time in a way that aligns with their strategic goals, according to a McKinsey survey of 1,500 executives from businesses of all sizes around the world. The most essential time management technology for increasing your productivity is calendar scheduling software. Calendar Management.

Tools 133

Tools Productivity Products Company 133

Lead Change Blog

OCTOBER 4, 2017

Research conducted by McKinsey and Company found the customer experience, the more likely they will be to return and directly refer you to others. Is your product as cutting edge as Tesla? And, certainly not if you want to build a devoted customer base that will become avid extensions of your sales and marketing departments.

Customer Loyalty 228

Customer Loyalty Forrester Loyalty McKinsey 228

Lead Change Blog

OCTOBER 4, 2017

Research conducted by McKinsey and Company found the customer experience, the more likely they will be to return and directly refer you to others. Is your product as cutting edge as Tesla? And, certainly not if you want to build a devoted customer base that will become avid extensions of your sales and marketing departments.

Customer Loyalty 150

Customer Loyalty Forrester Loyalty McKinsey 150

CoachStation

AUGUST 26, 2022

Employee discretionary effort and focus are being challenged for many reasons, including the labour market and working from home. The risk of not getting leadership and culture ‘right’ are significant. It’s about understanding how important leadership and engagement are. Engagement at work matters.

Motivation 130

Motivation McKinsey Attrition Influence 130

HR Digest

MAY 24, 2023

The shift toward skills based hiring will accelerate in 2023 as skills emerge as the currency of the labor market. This is not just a benefit in a tight labor market. McKinsey predicts 9 out of 10 organizations will be combining remote and on site working in the coming years.

Succession 64

Succession Software Guidelines Human Resources 64

HR Digest

NOVEMBER 20, 2020

Workers who adapt and grow with the organization in a time of accelerated change will be able to launch products and services that meet market needs. When I was a technology marketing exec in 2009, I heard the words nurture marketing. These were code words for marketing automation. These skills are better together.

Skills 145

Skills Emotional Intelligence CFO Power 145

Leading Blog

MARCH 24, 2017

The market is shifting. McKinsey reports that eight out of ten time strategists focus on known hypothesis—opportunities that have been examined in the past or are already evident. Now unless you tell me that you have used data analytics in order to find a new product ground, a new design, and a new market, you are not strategic.

Agility 157

Agility Uncertainty Competitive Advantage McKinsey 157

LDRLB

OCTOBER 4, 2011

Bob Lieberman is a business leadership consultant based in the Pacific Northwest. And as usual, the illustrations come from new product development and business strategy. In response to real change and challenges, the administrative and production areas of most companies have been prepared only to react. Overcome orthodoxies.

Wilde 101

Wilde Innovation Resistance Leadership 101

LDRLB

OCTOBER 4, 2011

Bob Lieberman is a business leadership consultant based in the Pacific Northwest. And as usual, the illustrations come from new product development and business strategy. In response to real change and challenges, the administrative and production areas of most companies have been prepared only to react. Overcome orthodoxies.

Wilde 90

Wilde Innovation Resistance Leadership 90

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. The founder who started the company might still be involved, and their presence and leadership help the purpose remain clear. Too often, the focus turns to profit.

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. The founder who started the company might still be involved, and their presence and leadership help the purpose remain clear. Too often, the focus turns to profit.

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

Skip Prichard

AUGUST 2, 2019

I had the opportunity to speak with Charles Conn and Robert McLean, two McKinsey alums who share a seven-step systematic approach to creative problem solving that will work in any field or industry. What do leadership teams most struggle with in the new environment? 7 Steps to Problem Solving. 1: Define the problem. 2: Disaggregate.

Disaggregation 81

Disaggregation McKinsey Skills Gordon 81

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. As we begin to see some kind of normality returning to life, there has been an understandable desire to examine how we can better prepare ourselves for the future.

Company 102

Company Hofstede Supply Chain Agility 102

Strategy Driven

MARCH 15, 2019

This isn’t a marketing issue, this is a business-wide issue, involving every facet of the organisation, hence leadership being so important. Companies have to be consistent in their behaviour, from top to bottom, and right along the supply chain, from the ‘first hand of production to the final hand of the consumer’.

Supply Chain 75

Supply Chain Brand Advertising PR 75

HR Digest

JANUARY 6, 2024

Companies are worried about a decline in productivity, loss of business during non-working hours, additional hiring expenses for lost hours, expenses for being unable to meet supply demands, customer dissatisfaction, etc. McKinsey ’s research into AI and its predictions about the future of work has a lot of useful insight to offer.

Hedge 52

Hedge McKinsey Technology Learning-by-Doing 52

Skip Prichard

MAY 22, 2019

It is a practical guide to how AI and Machine Learning are impacting not only how businesses, brands, and agencies innovate, but also what they innovate: products, services and content. In this world of product and pricing parity, the delivery of superior service experience has become the new marketing, and the new real competitive edge.

Content 92

Content Innovation Creativity McKinsey 92

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. It turned out that the unit was driving profits by raising prices and cutting marketing and advertising expenditures.

ROIC 62

ROIC Balanced Scorecard Metrics McKinsey 62

Chartered Management Institute

DECEMBER 2, 2013

At the C-suite, businesses need not only a data analytics strategy, but a data-analytics culture, researchers from McKinsey have concluded. It often helps if the executive in charge is not from IT, but from operations or marketing, and that there are close links with customer-facing and other operational roles.

Leadership Styles 83

Leadership Styles Human Capital Ethics McKinsey 83

Harvard Business Review

OCTOBER 24, 2018

We also explored several decades of research on that subject published in HBR; and we reflected on our own experience in the area of leadership development. Take the case of Dominic Barton, who served as the Global Managing Director of McKinsey & Company from 2009-2018. These are not mysterious and certainly aren’t new.

Skills 15

Skills McKinsey COO Handbook 15

Strategy Driven

DECEMBER 8, 2010

This book will show you, as an employee, customer or partner, how to use new social technologies, make yourself heard, and produce better products and services. 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

FEBRUARY 22, 2011

We were struck by the assumption made by an article in The McKinsey Quarterly this month. Called "Why US Productivity Can Grow Without Killing Jobs," it takes as a given that this would strike readers as counterintuitive. it's a fallacy to suggest that there's a trade-off between unemployment and productivity." What a conundrum!

McKinsey 14

McKinsey Efficiency Long-term Analysis 14

Leading Blog

NOVEMBER 3, 2023

system to delivering the product via logistics operations, to collecting the cash from customers. A study by McKinsey specific to the business-to-business (B2B) area suggests that businesses that optimize QTC for end-to-end accountability significantly outperform peers that don’t. logistics, and finance. finance, I.T.,

Industry 269

Industry Stage-Gate Organization Company 269

Harvard Business Review

AUGUST 8, 2018

When Liz was offered a job as a product manager at a growing biotech firm, she was ecstatic. According to research by McKinsey , up to half of new-leader transitions fail within two years. A senior director of marketing reports to an executive with broader responsibilities, who in turn reports to the global VP of marketing.

Learning Curve 14

Learning Curve McKinsey Goal Planning 14

Harvard Business Review

JANUARY 22, 2015

Despite studies showing that succession is an essential part of strategic planning, many companies ignore leadership development to focus on more immediate challenges. Establish a set of clear and defined leadership competencies , so HR and other stakeholders know whom to fast track for leadership. For example, when a U.S.

Leadership Development 8

Leadership Development Development Leadership Leadership Pipeline 8

Harvard Business Review

MAY 22, 2012

A new McKinsey study (PDF) reports statistically what we already knew from personal experience: that mid-career and senior women tend to be found disproportionally in staff jobs, or "pink ghettos," relative to men. according to the same McKinsey report). They put in mentoring programs, and women's networks and leadership courses.

McKinsey 13

McKinsey Mentor Diversity Report 13

Harvard Business Review

OCTOBER 17, 2012

Innovation, in operations, products, business models and ecosystems, isn't merely a competitive advantage, it's the competitive advantage. Yet more often than not, when innovation occurs, it's a "happy accident" rather than the product of a deep-rooted innovation competence. Want some hard evidence? This is hardly surprising.

Innovation 15

Innovation Process Competitive Advantage McKinsey 15

Harvard Business Review

JUNE 29, 2016

The impact of “social entrepreneurs” — individuals who deploy innovation and market forces to fill social needs — is growing. The research, conducted with analytical support from McKinsey and funding from Omidyar Network, included interviews with 37 investors and 10 social enterprise leaders.

Entrepreneur 15

Entrepreneur Glocalization Survey McKinsey 15

Harvard Business Review

SEPTEMBER 11, 2017

There is no burden on those who proposed a new idea or technology to talk to customers, build minimal viable products, test hypotheses or understand the barriers to deployment. Most importantly, minimal viable products and working prototypes will have been tested. government federal research agencies to turn ideas into products.

Process 13

Process Innovation Incubator Committee 13

Harvard Business Review

DECEMBER 16, 2016

Back in 2011, the McKinsey Global Institute published a report on the transformational potential of big data—and it would take a supercomputer to process all of the articles that have appeared since then urging companies to get on board before some digital disruptor renders them obsolete.

Industry 8

Industry McKinsey Early Adopters Rate of Return 8

The Practical Leader

APRIL 6, 2022

A recent report by McKinsey and Co. ” These shifts have profound implications for leadership and culture. And don’t delegate purpose to marketing. A purposeless leader or leadership team without a life force might fool some of the people some of the time, but they’ll never fool all the people for long.

Mintzberg 111

Mintzberg Pharmaceuticals Energy McKinsey 111

Harvard Business Review

FEBRUARY 12, 2016

In 1933, General Motors President and CEO Alfred Sloan established the automobile industry’s first full-time consumer research department under the direction of Henry “Buck” Weaver, a pioneer in market-based decision making. But where and how do you start? As with any new endeavor, we have been learning as we go.

Media 8

Media Automotive Globalization Active Listening 8

Harvard Business Review

FEBRUARY 2, 2015

But in order to create and foster more such firms, we need to recognize that today’s most cutting-edge industrial players are not monolithic; they straddle the lines between manufacturing and services, and production and innovation. Ambition is crucial: Research from McKinsey finds that most low-performing research-intensive U.S.

Industry 8

Industry McKinsey Engineering Innovation 8

Harvard Business Review

MARCH 1, 2016

Sales professionals make decisions every day about what prospects and customers they will be meeting with, what products or services they will highlight in their pitches, and even what elements of your value proposition they will emphasize. McKinsey & Co. There’s a reason you chose those target markets or customer types.

Strategy 8

Strategy Execution How To CRM 8

Harvard Business Review

NOVEMBER 21, 2012

Disruptive products and services are unleashed. New markets are created. Apple was the only incumbent in this period to grow by creating new markets repeatedly through disruptive innovation. But innovation at scale seems to be within reach of many more companies than might succeed in creating brand new markets.

Innovation 9

Innovation Incubator Disruptive Innovation McKinsey 9

Harvard Business Review

NOVEMBER 4, 2016

A 2015 McKinsey report on 366 public companies found that those in the top quartile for ethnic and racial diversity in management were 35% more likely to have financial returns above their industry mean, and those in the top quartile for gender diversity were 15% more likely to have returns above the industry mean.

Diversity 8

Diversity Team Price Sharpe 8

Harvard Business Review

NOVEMBER 9, 2017

Selling additional products to current customers leverages the costs of establishing those relationships in the first place, and serving more and more of their financial service needs (to grab a greater “share of wallet”) is appealing, in theory. Take the notable failure at Wells Fargo last year.

Strategy 8

Strategy Agility Execution Core Competence 8