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McKinsey: How to Nurture Managerial Talent in China
Generally speaking, finding talent for a business is a bit easier than finding capital or innovative ideas. But if you do business in China the opposite is true, according to McKinsey Quarterly in a new report. McKinsey researchers Kevin Lane and Florian Pollner note that China's typically...
Three Obstacles to Citizen Innovation
One of the most interesting emerging ideas in business today is tapping into user communities for innovative ideas. Open source software offers a prime example of this sort of citizen innovation (a phrase I may be stealing from someone, but if so, it's inadvertent). Software isn't the only...
McKinsey's Four Biases of Failure
McKinsey's Four Biases of FailureMcKinsey's Four Biases of FailureUnfortunately, some projects fail because there is not enough room given to the brainstorming process of the "forward think". I have developed a process called "SCOPE2" copyrighted, in which the T3 ("Think Tank Team), fully explores every aspect of an organization's internal...
McKinsey's Four Biases of Failure
Saying goodbye can be a hard thing to do. But it is a necessary part of the creative process and is good management, according to a new McKinsey Quarterly study. Too often, executives stick to what was once thought a bold and brilliant idea. But when the...
China on Foreign Shopping Spree, McKinsey Says
With all the talk of outsourcing to China, there is more evidence that China is expanding overseas. McKinsey & Co. reports that China doubled its direct foreign investments to $26 billion in the first quarter of 2008 compared to the first quarter of 2007. McKinsey notes that...
McKinsey: Executives Fail to Deal With China Threat
While top executives see China as the biggest competitive threat on the globe and expect strong growth from the Middle Kingdom for years, they haven't done much to deal with the threat. These are the conclusions of a pair of surveys from McKinsey Co. Here are some...
Overseas Assignments: Companies Love Them, So Why Don't Managers?
The Find: Despite evidence that experience working abroad boosts the financial performance of companies, managers believe a stint overseas will hinder career prospects. The Source: New research published in the McKinsey Quarterly free registration required. The Takeaway: McKinsey undertook in-depth interviews with executives at...
Use "Prediction Markets" and Tap Internal Expertise
Ever realize just how much savvy information is available in your organization? Ever wonder just how far you could take your company as CEO if you could only tap it? The latest McKinsey Quarterly requires subscription has a useful primer and group discussion on a practice known...
The Three Ways to a Low-Carbon Business
Much of the press around President George W. Bush's most recent address on climate change has been dismissive though there were also interesting approaches like the Annotated climate speech on the New York Times Web site. McKinsey, however, used it as a call to action for business. It...
McKinsey: Boards Consider Compliance a Pain
Corporate directors consider compliance issues a pain and want to spend more time developing long-term strategies and managing talent, according to a new survey by McKinsey Quarterly. The findings are hardly a surprise considering what boards have been through over the past six years with the Sarbanes-Oxley....
McKinsey's Three Most Important Business Tech Trends
McKinsey's Three Most Important Business Tech TrendsHigh consumer Confidence is the key.The article outlined what I have seen in the alternate health industry. I believe we can successfully weather a slowing economy by actualizing the needs of our customers within a reasonable time frame. Incremental changes over time bring about...
Disruptive Technology Will Drive $7.5 Trillion In Economic Change
Yesterday I wrote about the three most important tech trends in business, as called by McKinsey's Technology Initiative. Today, I'm going to look at the follow-up article, which assesses what those trends might be worth. Unfortunately, the piece, "Disruptive technology trends: capturing the value at stake," is...
McKinsey's Three Most Important Business Tech Trends
The uber consultants at McKinsey's Technology Initiative have published their first Perspectives volume, seven pieces on the major trends the firm sees emerging. I'll highlight the first piece here more later on the rest. It's called Eight business technology trends to watch free registration required, but these...
What the Technology Future Holds: The View From McKinsey
What the Technology Future Holds: The View From McKinseyMissing Link?Is it me or is the link to the article missing? I'd like to check it out.RE: What the Technology Future Holds: The View From McKinseymade me laugh!here's my review of this document!http://desicritics.org/2008/01/08/101719.phpno actual storyEither print the story or don't...
What the Technology Future Holds: The View From McKinsey
Three partners from McKinsey based in San Francisco and Silicon Valley have written a very provocative article on future technology trends. It's well worth a look. They examine eight trends, but the one that rings home with me is called "distributing cocreation." Basically, they are predicting that...
McKinsey: Get Ready For More Foreign M&As
The latest McKinsey Quarterly is out with a story that asks, are mergers and acquisitions over? The obvious answer is no, of course. But McKinsey's article makes a very important observation: the wave of private equity and hedge fund deals in the United States may be flaming out, but there is...
Katzenbach Partners Profile, Pt. 1: How Employee Empowerment Vaulted Them to the Top Tier
Management consulting is an industry built on trust and a solid reputation. A perusal of the most prestigious firms as ranked by employment researcher Vault yields the fact that nearly all of the top twenty-five have been around a while and assembled large staffs of consultants. So how does a...
How to Manage Informal Networks
How to Manage Informal NetworksInformal NetworksMcKinsey has dicovered what most knowledge workers have known for a long time: the informal organization is where the work gets done. The challenge of leadership is to channel the creative energy of that organization by encouraging trust; supporting key members such as mentors and...
Productivity Of Growing Global Energy Demand: A Microeconomic Perspective
Energy is again in the headlines. Higher oil, gas, coal, and uranium prices have brought back age-old concerns about whether the physical resources of the globe can meet the rapidly growing demand from developing economies. To provide a fact base to inform the debate, the McKinsey Global Institute MGI and...
Divide And Conquer: Rethinking IT Strategy
Although companies manage established businesses and new ventures differently, they typically manage information technology just one way: with a broad stroke, to cut costs in rough times and to fund projects in good ones. Companies should manage most IT for productivity and cost savings, but technologies that support businesses should...
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Administrative Management and General Management Consulting Services: 541611
