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. According to McKinsey, AI and automation will displace between 400 million and 800 million individuals by 2030.

McKinsey 134

McKinsey Aggregate Demand Industry Crisis 134

N2Growth Blog

OCTOBER 8, 2023

Data compiled by McKinsey shows that nearly half of all leadership transitions fail, and just two years after executive transitions, up to 46% of them “are regarded as failures or disappointments.” If executives are the best of the best, shouldn’t they be able to succeed on their own accord?

Execution 317

Execution Succession How To Process 317

Strategy Driven

AUGUST 11, 2023

Effective communication training transcends internal operations, enriching client interactions. McKinsey & Company’s report underscores that robust client communication strategies breed customer retention and positive referrals. Conflict resolution skills navigate challenges adeptly, cementing commitment.

Training 114

Training Active Listening Bond McKinsey 114

Experience to Lead

JANUARY 29, 2024

To help you find the best resources amidst the endless maze of information, here are our top podcasts focusing on leadership strategy and development. These podcasts are a valuable resource for anyone looking to refine their leadership skills and strategies. Wading through the vast sea of podcast options out there can be overwhelming.

Emotional Intelligence 52

Emotional Intelligence Blanchard Leadership McKinsey 52

N2Growth Blog

NOVEMBER 15, 2022

But a study by McKinsey revealed that in today’s business landscape, employees also want to feel valued by their organization. This research also revealed that self-awareness could lead to better performance by enabling leaders to understand exactly how they operate and how they can achieve optimal results through behavioral changes.

Executive Coaching 318

Executive Coaching Execution Self-aware Company 318

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. With a diverse background in human resources, information technology, and operations, his business and leadership acumen is only exceeded by his commitment to making others better.

Human Resources 469

Human Resources Globalization Diversity Resources 469

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. Companies have managed to construct an AI strategy and are building an ecosystem around AI that is underpinned by the structures and processes required to make the technology work.

Company 88

Company Survey McKinsey Project 88

Eric Jacobson

MARCH 20, 2021

Unless that activity is advancing a carefully crafted strategy, the company is apt to sprint off in the wrong direction. All four authors are partners or senior partners at McKinsey & Company. Arora has held various operational and leadership positions with Apple, Sun Microsystems, 3M Groupon, and Staples.

McKinsey 65

McKinsey B2C Telecommunications Learning-by-Doing 65

Eric Jacobson

JANUARY 30, 2021

Unless that activity is advancing a carefully crafted strategy, the company is apt to sprint off in the wrong direction. All four authors are partners or senior partners at McKinsey & Company. Arora has held various operational and leadership positions with Apple, Sun Microsystems, 3M Groupon, and Staples.

McKinsey 65

McKinsey B2C Telecommunications Globalization 65

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. Nap by PowerPoint. How do you know?

Planning 52

Planning Strategic Planning How To Operations 52

Experience to Lead

JANUARY 25, 2022

To help you cut through the noise, we’ve curated 10 of our favorite leadership blogs and podcasts for 2022 on leadership strategy and development. This robust leadership blog from INSEAD features incisive pieces on strategy, operations and management. The McKinsey Podcast. INSEAD Knowledge. Leadership Next.

Blog 52

Blog Leadership McKinsey Globalization 52

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. And another survey conducted by PwC’s Strategy& found that a mere 28% of workers feel connected to their employers’ purpose. . Consider social impact. Hire for purpose alignment.

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. And another survey conducted by PwC’s Strategy& found that a mere 28% of workers feel connected to their employers’ purpose. Consider social impact. Hire for purpose alignment.

How To 78

How To Long-term Performance Review Mission Statement 78

HR Digest

NOVEMBER 20, 2020

When departments automated with technology solutions, updating digital skills for your role was a sound strategy for ensuring your future. Turned out to be a great strategy for job relevance. Coding, budgeting, and marketing operations are examples. Digital marketing and strategy specialists. Big data specialists.

Skills 145

Skills Emotional Intelligence CFO Power 145

Eric Jacobson

NOVEMBER 3, 2022

The key takeaway from the new book, CEO Excellence: The Six Mindsets That Distinguish The Best Leaders From The Rest , is the best CEOs think and act differently than the rest across each of six key CEO responsibilities , including: Setting the direction (vision, strategy, resource allocation) Aligning the organization (culture, organization design, (..)

CEO 104

CEO Banking Learning-by-Doing McKinsey 104

First Friday Book Synopsis

MAY 2, 2011

Once again, McKinsey & Company offers (at no cost) an exceptionally valuable resource, in this instance Eric Schmidt‘s conversation with McKinsey director James Manyika about business culture, technology, and social issues.

Technology 85

Technology McKinsey Execution Education 85

The Center For Leadership Studies

NOVEMBER 23, 2020

Fortunately, the surgeon operated before the worst could happen and my husband recovered completely. McKinsey recently noted, “Numerous studies show that in a business-as-usual environment, compassionate leaders perform better and foster more loyalty and engagement by their teams. McKinsey & Company. 2 Stein S, Book H.

Emotional Intelligence 98

Emotional Intelligence Training Goleman McKinsey 98

Great Leadership By Dan

OCTOBER 9, 2012

According to the 2010 McKinsey report, “ Woman Matter ”, companies with the highest percentage of women show the best performance. However, we narrowed it down to the handful that we felt were critical differentiators for senior woman leaders: Leadership identity, negotiations, career strategies, presence, and leading change.

Leadership Development 249

Leadership Development Development Committee Leadership 249

Eric Jacobson

MARCH 14, 2022

The key takeaway from the new book, CEO Excellence: The Six Mindsets That Distinguish The Best Leaders From The Rest , is the best CEOs think and act differently than the rest across each of six key CEO responsibilities , including: Setting the direction (vision, strategy, resource allocation) Aligning the organization (culture, organization design, (..)

CEO 93

CEO Banking Learning-by-Doing McKinsey 93

Eric Jacobson

JUNE 23, 2022

The key takeaway from the book, CEO Excellence: The Six Mindsets That Distinguish The Best Leaders From The Rest , is the best CEOs think and act differently than the rest across each of six key CEO responsibilities , including: Setting the direction (vision, strategy, resource allocation) Aligning the organization (culture, organization design, talent) (..)

CEO 85

CEO Banking Learning-by-Doing McKinsey 85

Eric Jacobson

JANUARY 18, 2023

The key takeaway from the book, CEO Excellence: The Six Mindsets That Distinguish The Best Leaders From The Rest , is the best CEOs think and act differently than the rest across each of six key CEO responsibilities , including: Setting the direction (vision, strategy, resource allocation) Aligning the organization (culture, organization design, talent) (..)

CEO 65

CEO Banking Learning-by-Doing McKinsey 65

Eric Jacobson

DECEMBER 31, 2022

The key takeaway from the new book, CEO Excellence: The Six Mindsets That Distinguish The Best Leaders From The Rest , is the best CEOs think and act differently than the rest across each of six key CEO responsibilities , including: Setting the direction (vision, strategy, resource allocation) Aligning the organization (culture, organization design, (..)

CEO 65

CEO Banking Learning-by-Doing McKinsey 65

LDRLB

OCTOBER 4, 2011

And as usual, the illustrations come from new product development and business strategy. 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).

Wilde 101

Wilde Innovation Resistance Leadership 101

HR Digest

OCTOBER 22, 2018

But more CEOs rarely understand the true position of their CHROs, let alone giving them the necessary backup to operate in the required capacity. Most CEOs rank HRs as the eighth most important function in their organization, according to a research by McKinsey. This breeds dissatisfaction of CHRO roles and HR functions in general.

CEO 63

CEO CFO McKinsey Human Resources 63

LDRLB

OCTOBER 4, 2011

And as usual, the illustrations come from new product development and business strategy. 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).

Wilde 90

Wilde Innovation Resistance Leadership 90

HR Digest

DECEMBER 8, 2020

A recent Mckinsey & Company survey shows that since 2015, America has seen only a modest growth in women’s well paid jobs representation in the corporate pipeline. They mostly operate out of grocery and drugstore pharmacies, others are employed in hospitals or in clinical settings. Operations Research Analyst.

Human Resources 52

Human Resources Chemicals Software Engineering 52

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. Some executives lost time by wasting too many hours online. Others got distracted by meetings, motivating their staff, or handling chronic emergencies.

Tools 133

Tools Productivity Products Company 133

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. Operating-cost productivity metrics might include the component costs for building an automobile or delivering a package, the rates of rework, and so forth.

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

Strategy Driven

JULY 8, 2019

Operation Costs Have to Be Reduced. In fact, according to a McKinsey report , algorithmic route optimization results in an almost 16% increase in a company’s profit, without compromising on quality. With customers expecting free shipping and membership schemes that guarantee same day delivery, transportation costs have increased.

Transportation 50

Transportation Parcell Supply Chain Management 50

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 269

Industry Stage-Gate Organization Company 269

Harvard Business Review

JANUARY 18, 2018

McKinsey has been studying what kind of work is most adaptable to automation. Such new thinking will generate a whole new human resource development agenda, one quite probably emphasizing those innate human capacities that can provide a renewed strategy for success that is both technological and human. ”

Creativity 15

Creativity Strategy Venture Capitalist McKinsey 15

Harvard Business Review

MARCH 2, 2011

Among my questions to them: How are you thinking about strategy these days? Some tentative conclusions: There is not much of a market for stand-alone strategy studies any more. Strategy has triumphed, the installed base is huge, no self-respecting company would be without one. This poses a dilemma for consulting firms.

Consultative 15

Consultative Strategy McKinsey Porter 15

Harvard Business Review

JANUARY 12, 2018

Corporate strategy is complex, and the advice is expensive. This makes corporate strategy an enormous and untapped prize for “robos” and “AI-enabled” expert advice across the entire enterprise; this market is ripe for disruption much the way the financial investing industry was in 2008. ZB by 2020.

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

NOVEMBER 20, 2013

First, you don’t have a powerful strategy. Though both statements may sound extreme, they are the clear implication of new McKinsey research on how companies create value and allocate resources. The rest of the companies, more than 2,400, simply do not have a strategy that effectively outperforms the market. Execute decisively.

Strategy 8

Strategy McKinsey Strategic Planning Cost of Capital 8

Marshall Goldsmith

FEBRUARY 8, 2018

A leading thinker on strategy and breakthrough innovation. Tammy Erickson – McKinsey award-winning author. a holding company that operates seven distinct business. Top-rated Clinical Professor of Management and Strategy, Northwestern Kellogg School of Management. Operations Group Baring Private Equity.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Harvard Business Review

NOVEMBER 9, 2017

The widely accepted view that strategy and execution are separable activities sets companies up for failure in a fast-paced world. One of us (Paul) is a strategy scholar and economist; the other (Amy) studies organizational behavior and operations management. The Gap Between Strategy and Execution. Insight center.

Strategy 8

Strategy Agility Execution Core Competence 8