367 Posts Found

Is tech accelerating your business operations—or getting in the way? To get lasting value from their tech investments, business leaders need a renewed understanding of operational excellence.

Content: Article | Authors: Erik Schaefer, Ian Colotla, Joris Wijpkema, Richard Sellschop, Ted Iverson, William Fookes | Source: McKinsey Quarterly | Subjects: Best Practices, Management, Operations

It’s hard for companies to significantly beat long-term market TSR, harder still for the largest corporations, and hardest of all in the face of low growth. But industry endowment needn’t be destiny.

Content: Article | Authors: Pedro Catarino, Rosen Kotsev, Tim Koller, Zane Williams | Source: McKinsey Quarterly | Subjects: Best Practices, Management, Strategy

New research offers business and technology leaders insights into the age-old challenge of improving IT productivity.

Content: Article | Authors: Alexey Ivanov, André Jerenz, Arsen Storozhev, Leorizio D’Aversa, Natalia Boksha, Naufal Khan, Rahil Jogani | Source: McKinsey Quarterly | Subjects: Best Practices, IT / Technology / E-Business

Decades of research show the efficacy of programmatic M&A—and our latest findings make it even more clear. Whether external conditions are favorable or challenging, programmatic acquirers continue to invest in their M&A capabilities and demonstrably outperform companies that take a less strategic approach to M&A.

Content: Article | Authors: Cathy Lian, Patrick McCurdy, Paul Daume | Source: McKinsey Quarterly | Subjects: Best Practices, Mergers & Acquisitions

Revenue growth is good. Profitable growth is better. Profitable growth that advances ESG priorities is best. Here’s how outperformers who actively choose growth deliver the growth trifecta.

Content: Article | Authors: Anna Koivuniemi, Claudia Kampel, Lucy Pérez, Rebecca Doherty, Werner Rehm | Source: McKinsey Quarterly | Subjects: Best Practices, Social Responsibility (ESG)

What does it take to succeed in M&A? For the past two decades, BCG’s annual M&A reports have explored the answers to this question. One constant in our studies is an emphasis on the elements that drive genuine, long-lasting deal success.

To mark the 20th anniversary of our M&A Report, we looked back at our rich history of analyses related to deal value creation. We refreshed … [ Read more ]

Content: Article | Authors: Daniel Friedman, Dominik Degen, Georg Keienburg, Jens Kengelbach, Lianne Pot, Sönke Sievers, Tobias Söllner | Source: Boston Consulting Group (BCG) | Subjects: Best Practices, Mergers & Acquisitions

It turns out that our brains are wired to critique situations. And so if we’ve got a global economic downturn and the salesforce has really been hit hard by this, we’ll tend to focus on the people that are doing the worst and try to coach them and help them out. What we don’t often do is look at the best people and steal their … [ Read more ]

Content: Quotation | Author: Chip Heath | Source: Stanford University | Subjects: Best Practices, Marketing / Sales

Experts behind the rules of value-creating growth discuss how leaders can apply these insights to their growth strategies.

Content: Article | Authors: Chris Bradley, Rebecca Doherty | Source: McKinsey Quarterly | Subjects: Best Practices, Management, Strategy

Worries about failure, criticism, and career impact hold back many people from embracing innovation. Here’s how to create a culture that accounts for the human side of innovation.

Content: Article | Authors: Alex Morris, Erik Roth, Laura Furstenthal | Source: McKinsey Quarterly | Subjects: Best Practices, Innovation, Organizational Behavior

Ten rules should guide how companies select pathways to profitable growth, but each rule’s impact on performance varies considerably.

Content: Article | Authors: Chris Bradley, Jill Zucker, Rebecca Doherty, Tido Röder | Source: McKinsey Quarterly | Subjects: Best Practices, Strategy

A dual focus on developing people and managing them well gives a select group of companies a long-term performance edge.

Content: Article | Authors: Anu Madgavkar, Bill Schaninger, Dana Maor, Hamid Samandari, Jonathan Woetzel, Kanmani Chockalingam, Olivia White, Sven Smit | Source: McKinsey Quarterly | Subjects: Best Practices, Human Resources, Training & Development

The success of hallmark cultures is that they read one of these groups of [business] books that hung together with a consistent philosophy, and they really, really stuck with it. A little bit of best practice here, a little bit of best practice there will get you killed.

Content: Quotation | Author: Chris Gagnon | Source: McKinsey Quarterly | Subjects: Best Practices, Culture, Organizational Behavior

In science the key question is “Is it true?” In management the key question is “Does it work?” But context is critical: Just because an idea works in a particular case does not mean it is a universal truth.

If you set a stretch goal, make sure that the organization has some stretch in it, or it will break. To execute a strategy, you need a … [ Read more ]

Content: Article | Author: Stephen Bungay | Source: Harvard Business Review | Subjects: Best Practices, Management

While all companies have a strategy for how they create value, few can show precisely how the organization will achieve it. Future-ready companies, by contrast, avoid this dilemma by creating a value agenda—a map that disaggregates a company’s ambitions and targets into tangible organizational elements such as business units, regions, product lines, and even key capabilities. Armed with such a depiction, these companies can articulate … [ Read more ]

Content: Quotation | Authors: Aaron De Smet, Chris Gagnon, Elizabeth Mygatt | Source: McKinsey Quarterly | Subjects: Best Practices, Management

Two decades of research show that, while large deals still have their place, programmatic M&A strategies continue to create gains in excess total returns to shareholders, at lower levels of risk.

Content: Article | Authors: Jeff Rudnicki, Liz Wol, Patrick McCurdy, Paul Daume, Tobias Lundberg | Source: McKinsey Quarterly | Subjects: Best Practices, Mergers & Acquisitions

Nobody wants to fail, but when there’s failure, does it get debriefed so that learning occurs in the organization? If there’s success, do you debrief to try to improve, as well? Debriefing shouldn’t be a code word for “We only do it when we fail.” You want to secure the ways that you succeed, as well. If you did succeed, part of the development and … [ Read more ]

Content: Quotation | Author: Gregory P. Shea | Source: Knowledge@Wharton | Subjects: Best Practices, Management, Organizational Behavior

Companies should embrace nine imperatives that collectively explain “who we are” as an organization, “how we operate,” and “how we grow.”

Content: Article | Authors: Aaron De Smet, Chris Gagnon, Elizabeth Mygatt | Source: McKinsey Quarterly | Subjects: Best Practices, Management

[An] effective way to detect what [customer data] has leaked, and through which possible partner, is to pre-poison the data, sowing into it information that can provide a reference point in the case of a leak.

Content: Quotation | Author: Ariel Silverstone | Source: Fast Company | Subjects: Best Practices, IT / Technology / E-Business

One of the stated reasons for trying to get workers back into the office is the chorus of concern around the difficulties of sharing knowledge and experience amongst remote co-workers. New research, however, suggests a method that could improve this process both in the office and remotely: guided meetings between coworkers, which can easily happen in person or remotely. Compared to monetary incentives (without guidance … [ Read more ]

Content: Article | Authors: Christopher Stanton, Jason Sandvik, Nathan Seegert, Richard Saouma | Source: Harvard Business Review | Subjects: Best Practices, Organizational Behavior

Companies create more shareholder value when executives and directors concentrate on long-term results. A new report highlights behaviors that allow them to maintain a long-term orientation.

Content: Article | Authors: Ariel Babcock, Kevin Sneader, Sarah Keohane Williamson, Tim Koller, Victoria Potter | Source: McKinsey Quarterly | Subjects: Best Practices, Management