Strategy Driven

NOVEMBER 20, 2023

A McKinsey survey found that 82% of companies don’t believe they recruit highly talented people, and only 7% think they can retain top talent once hired. Market Reputation : Operational excellence contributes to a positive market reputation. However, many companies struggle with attracting and retaining such talent.

Operations 116

Operations Loyalty Efficiency Human Capital 116

The Horizons Tracker

MAY 25, 2021

The landscape post-Covid is also assessed in a recent paper from the McKinsey Global Institute, which looks at the labor market implications of the pandemic in the United States, United Kingdom, Germany, France, China, India, Japan, and Spain. ” The post-Covid landscape. ” Accelerating trends. . Help to adapt.

Skills 95

Skills McKinsey Trends Short-term 95

Chartered Management Institute

AUGUST 2, 2023

McKinsey & Company reported that in 2020 the global market for EDI-related efforts was estimated at $7.5bn, yet at the current rate, it will take another 151 years to close the global economic gender gap. Measuring and monitoring EDI can help leaders effectively create the sustainable change that is crucially needed.

Metrics 52

Metrics KPI Diversity Long-term 52

N2Growth Blog

NOVEMBER 15, 2022

Firstly, executive coaching has long been shown to bring ROI to businesses overall, with one study showing that executive coaching produced a 529% ROI and “significant intangible benefits to the business.” This is due to the fact that increasingly, employee values are shifting in the workplace.

Executive Coaching 318

Executive Coaching Execution Self-aware Company 318

N2Growth Blog

SEPTEMBER 28, 2020

In the years that have passed, we’ve continued to expand and refine the list by looking for CHROs able to innovate and outperform their peers regardless of current market dynamics in play at the time. Remember, it’s the people and culture who enable technology and marketing success – not the other way around. ?.

Human Resources 469

Human Resources Globalization Diversity Resources 469

HR Digest

NOVEMBER 20, 2020

The big shift in organizational needs and long-term reliance on digital solutions are creating demand for upskilling and reskilling across the globe. 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. Big data specialists.

Skills 145

Skills Emotional Intelligence CFO Power 145

HR Digest

DECEMBER 5, 2023

Image credit – Freepik Understanding America’s Labor Shortage A robust job market that constantly opens up new positions and roles is usually indicative of a healthy job market rife with opportunities, but when the labor force participation rates stop matching up, then businesses start to suffer.

Participative 52

Participative Uncertainty Long-term Trends 52

CoachStation

AUGUST 26, 2022

Employee discretionary effort and focus are being challenged for many reasons, including the labour market and working from home. The McKinsey group recently published an excellent resource regarding attrition and the reasons why people leave organisations. Engagement at work matters. It won’t always be like this, however.

Motivation 130

Motivation McKinsey Attrition Influence 130

Coaching Tip

MAY 7, 2012

When McKinsey & Co. asked senior executives at 60 big companies recently why they are trying to advance women, "they laughed at us," says Dominic Barton, McKinsey's global managing director. The McKinsey study shows women in general opt at far higher rates than men for staff jobs, sometimes labeled "the pink ghetto."

McKinsey 112

McKinsey Leadership Career Diversity 112

The Horizons Tracker

AUGUST 1, 2019

The research was arguably the first study that attempted to predict how technologies such as artificial intelligence and robotics would impact the labour market. While there are good reasons to be optimistic about the long run, such optimism is only possible if we successfully manage the short-term dynamics,” he writes.

Technology 64

Technology Short-term Osborne Long-term 64

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

HR Digest

FEBRUARY 7, 2022

According to Mckinsey & Company , “Leaders have an essential role to play in developing solutions to tackle these challenges.” Imparting training in such a scenario will be difficult in terms of platform/device compatibility, Internet connectivity, employee distraction/focus, fixing rotas and time management.

Efficiency 105

Efficiency Operations Training Diversity 105

Harvard Business Review

SEPTEMBER 26, 2011

Volatility has returned to global markets, and consumer and business confidence is once again slipping. Taking a long view doesn't mean companies should go radio-silent. Acting and communicating in this fashion will also start to attract long-term investors. Countries, too, but that's a topic for another day.)

Long-term 8

Long-term CEO Short-term McKinsey 8

Harvard Business Review

SEPTEMBER 29, 2011

Not long ago, the chief executive of a global telecommunications firm shared with me his frustration that "even in a meeting with the CEO, most institutional investors seek only granular data points to plug into their models. Some large investors already have a long-term view. Take consumer goods giant Unilever.

Long-term 12

Long-term CEO Short-term Asset Management 12

Harvard Business Review

FEBRUARY 16, 2017

McKinsey has a new study out on an important topic — the question of whether corporations systematically take too short a view and do not invest enough for the long term. On the other hand, some of what is done in the name of managing for the long term may be unmonitored waste. Consider an analogy.

McKinsey 9

McKinsey Short-term Long-term Comparison 9

Harvard Business Review

MAY 31, 2018

A 2014 global survey of more than 600 C-suite executives and directors, conducted by the non-profit Focusing Capital for the Long Term (FCLT), reported that two-thirds of those surveyed said pressure for short-term results had increased over the previous five years. And short-term thinking since that survey has not abated.

CEO 8

CEO Short-term Long-term McKinsey 8

Harvard Business Review

APRIL 5, 2017

The McKinsey Global Institute, in conjunction with FCLT Global, recently released research stating that long-term-oriented companies perform better than those that focus on short-term results. FCLT and McKinsey rely on readily available and machine-readable accounting data to measure myopia.

EPS 8

EPS Metrics Depreciation Short-term 8

Harvard Business Review

MAY 9, 2012

For more than two years, we and others have been talking about the need to shift the prevailing view among managers, boards of directors and investors from "quarterly capitalism" to what we call "capitalism for the long term". 1) Believe in your power to make markets efficient — but abandon the efficient market dogma.

Marketing 11

Marketing Power Short-term Long-term 11

Harvard Business Review

SEPTEMBER 26, 2014

My colleague Tim Joyce and I have found a similar viral phenomenon with superconsumers — our term for people who buy big volumes of a product or service, but who often can be convinced to buy even more. These super geos were local profit pools that were concentrated and big enough to offer big ROI upside for marketing and sales.

Marketing 9

Marketing Mass Marketing ROI CRM 9

CO2

APRIL 1, 2022

In fact, long-term business viability depends on it. A recent survey conducted by McKinsey found that 42% of millennial and Gen Z consumers cited purpose as the primary reason they switched brands. It’s more likely that they set out to meet an unmet need in the market. The hike is long, tiring, and full of obstacles.

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

CO2

APRIL 1, 2022

In fact, long-term business viability depends on it. A recent survey conducted by McKinsey found that 42% of millennial and Gen Z consumers cited purpose as the primary reason they switched brands. It’s more likely that they set out to meet an unmet need in the market. The hike is long, tiring, and full of obstacles.

Mission Statement 78

Mission Statement Leadership Organization Core Competence 78

Harvard Business Review

OCTOBER 17, 2018

But how will AI impact the economy in broad terms? 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).

GDP 10

GDP McKinsey Long-term Technology 10

ExactHire - Leadership

MAY 5, 2021

Most business owners think of diversity in the workplace in terms of the compliance regulations imposed by the federal government. In 2015, McKinsey and Company found that companies with a diverse workforce performed 15 to 35 percent better than the national industry median. Their GPA may have suffered under long work hours.

Diversity 111

Diversity Compliance McKinsey Bottom-up 111

Harvard Business Review

JULY 17, 2017

Closing this gap requires much more than short-term fixes, like adopting new technologies. Businesses need to organize around long-term strategies for growth and partnership in a sustainable way. The current innovation model in the finance sector is designed to generate the highest possible short-term returns.

Industry 12

Industry Short-term Planning Long-term 12

Harvard Business Review

NOVEMBER 30, 2017

Even more striking, new research from the McKinsey Global Institute analyzes firm-level financial results and finds a stark contrast in performance between the biggest U.S. They already report that the domestic supplier base is hollowed out, depriving them of the agility they need to respond quickly to new market opportunities.

Supply Chain 8

Supply Chain McKinsey Incentives Bottom-up 8

Harvard Business Review

FEBRUARY 22, 2011

We were struck by the assumption made by an article in The McKinsey Quarterly this month. Thus, as the McKinsey Global Institute team states, and its analysis of 80 years of data shows, "over the long term. Yet, as obviously logical as that finding turns out to be, McKinsey was right to frame it as counterintuitive.

McKinsey 14

McKinsey Efficiency Long-term Analysis 14

Harvard Business Review

OCTOBER 25, 2011

The case for embracing the maximization of long-term shareholder value as the governing objective for publicly traded companies has been persuasively argued many times. Michael Mauboussin of Legg Mason Capital Management, Dominic Barton of McKinsey, and Charles Elson of the University of Delaware have addressed the topic in this forum.

Short-term 12

Short-term Long-term Incentives Objective 12

Harvard Business Review

SEPTEMBER 20, 2016

In 2011, we published an article in HBR examining the surprisingly rapid growth of African economies and consumer markets. New research conducted by the McKinsey Global Institute makes it clear that Africa faces real economic headwinds including declining investment and savings, and rising government indebtedness. from 2000 to 2010.

Globalization 8

Globalization Long-term GDP Marketing 8

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. Even if executives try to prioritize it, innovation often gets crowded out by more “urgent” short-term pressures.

Innovation 8

Innovation P&L ROI Long-term 8

Harvard Business Review

APRIL 17, 2018

Even companies that claim to have a long-term orientation worry about whether R&D is worth the investment. According to Williamson, a current concern among many institutional investors as well as corporations is that long-term investments in R&D have little payoff. R&D Seldom Walks Out the Door.

Long-term 10

Long-term Innovation Technology Stage-Gate 10

Harvard Business Review

FEBRUARY 5, 2018

We live in a world where productivity, a key pillar of long-term economic growth, has crumbled. New research by the McKinsey Global institute suggests that roughly 15% of the global workforce could be displaced by 2030 in a midpoint scenario, but that the jobs likely created will make up for those lost.

GDP 8

GDP Globalization Short-term McKinsey 8

Strategy Driven

DECEMBER 8, 2010

Indeed, a 2008 issue of the McKinsey Quarterly noted that women tend to make deeper emotional connections with colleagues and business partners. Whether you’re a man or a woman, it’s time to start embracing your feminine side (and yes, many women have squelched their natural leadership style for far too long). Juliano Howard T.

Self-aware 72

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

Harvard Business Review

JANUARY 11, 2016

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

Strategy 8

Strategy CFO Finance Short-term 8

Harvard Business Review

FEBRUARY 7, 2017

Companies deliver superior results when executives manage for long-term value creation and resist pressure from analysts and investors to focus excessively on meeting Wall Street’s quarterly earnings expectations. This has long seemed intuitively true to us. Who are these overachievers and how did we identify them?

Long-term 8

Long-term EPS Short-term Management 8

Harvard Business Review

SEPTEMBER 18, 2012

Increasingly, the largest retailers in markets across the country are employing sophisticated personalized marketing and thereby becoming the primary shopping destination for a growing number of consumers. Retail has entered the era of Big Data. The biggest retailers are investing accordingly. But it is fast becoming cannon fodder.

Retail 15

Retail Brand Marketing Industry 15

Harvard Business Review

DECEMBER 4, 2017

We then virtually convened the project’s advisers for a roundtable discussion about what they viewed as the major issues raised in the interviews, and their own counsel for executives wishing to create long-term value through a sustainable business agenda. That needs to change.

Project 8

Project Advice Henderson Short-term 8

Harvard Business Review

JUNE 24, 2014

In the late 1990s, Steven Hankin of McKinsey provoked a lot of discussion when he coined the phrase “the war for talent.” In the United States, and in West European markets, the challenges center around talent replenishment and knowledge transfer to assure that productivity remains high even as the Baby Boomer population starts to retire.

Long-term 8

Long-term Globalization McKinsey Education 8