272 Articles found for subject: Best Practices

Growth requires the right mix of outlook, strategy, and capabilities. Top leaders achieve their goals by turning five mindsets into action.

Content: Article | Authors: Andy West, Greg Kelly, Jill Zucker, Kate Siegel, Louisa Greco, Michael Birshan, Rebecca Doherty | Source: McKinsey Quarterly | Subjects: Best Practices, Management

Most strategy teams underdeliver. Top performers, however, stand out by sticking with a singular mandate and mastering collaboration.

Content: Article | Authors: Sabrina Kristic, Sebastian Stange, Ulrich Pidun | Source: Boston Consulting Group (BCG) | Subjects: Best Practices, Strategy

Unlikely as it seems, businesses can not only thrive amid economic uncertainty—they can seize the opportunity to transform for sustained growth.

• Successful growth transformations hinge on balancing creativity with disciplined execution—embracing innovation systematically rather than relying on chance.
• Companies must simultaneously pursue long-term visions and short-term foundations, effectively communicating with stakeholders and efficiently reallocating resources.
• Building adaptability through repeated transformation experience significantly boosts long-term success rates, enabling

… [ Read more ]

Content: Article | Authors: Adam Job, Andreas Holmbom, Dominic C. Klemmer, Gabe Bouslov, Kristy Ellmer, Martin Reeves, Paul Catchlove, Tuukka Seppä, Ulrich Pidun | Source: Boston Consulting Group (BCG) | Subjects: Best Practices, Change Management, Management

Adapting to rapidly evolving technology means investing in people who drive change on the ground.

Content: Article | Authors: Dinu de Kroon, Enno de Boer, Rahul Shahani, Sydney Alabaster | Source: McKinsey Quarterly | Subjects: Best Practices, IT / Technology / E-Business

While your strategic goals may be the right ones, is the organization built to achieve them? New research reveals a dynamic system that creates value in the face of volatility.

Content: Article | Authors: Alexis Krivkovich, Amadeo Di Lodovico, Brooke Weddle, Dana Maor, Deepak Mahadevan, Richard Steele | Source: McKinsey Quarterly | Subjects: Best Practices, Management

What happens when a company achieves the summit? Is there nowhere to go but down? Superior performance, research shows, is neither quite as fragile nor robust as many believe—rather, it’s an attainable albeit slippery plateau. The key is to focus on profitability rather than revenue growth or value creation.

Content: Article | Author: Derek Pankratz | Source: Deloitte Review | Subjects: Best Practices, Management

Leading companies are using transformation to achieve profitable growth—enabled by specific behaviors.

Content: Article | Authors: Drew Goldstein, Louisa Greco, Preeya Mody, Rebecca Doherty, Sandra Sancier-Sultan, Yolanda Zonno | Source: McKinsey Quarterly | Subjects: Best Practices, Management

Every corporate merger is a leap into the unknown. But for leaders contemplating a megadeal, certain rules do apply. Here’s what CEOs need to know.

Content: Article | Author: Gren Manuel | Source: Boston Consulting Group (BCG) | Subjects: Best Practices, Mergers & Acquisitions

Connecting with others and belonging are basic human needs that are essential to being our best selves.

When we leave an experience where we presented our imperfect selves yet felt belonging, we feel energized and at our best. When we leave an experience where we presented our imperfect selves and were ignored or ridiculed, we feel deeply disconnected and disengaged.

This is as true at work as … [ Read more ]

Content: Article | Authors: Jake Herway, Jane Smith | Source: Gallup Management Journal | Subjects: Best Practices, Culture, Management, Organizational Behavior

What happens when a company achieves the summit? Is there nowhere to go but down? Superior performance, research shows, is neither quite as fragile nor robust as many believe—rather, it’s an attainable albeit slippery plateau. The key is to focus on profitability rather than revenue growth or value creation.

Editor’s Note: This is already a bit of an old article (early 2016) but the concept and … [ Read more ]

Content: Article | Author: Derek Pankratz | Source: Deloitte Review | Subjects: Best Practices, Management

Two major factors influence employee performance, Gallup has found: engagement and well-being. Gallup measures engagement for employees through the Q12 survey, which consists of 12 actionable items with proven links to performance outcomes. And with Healthways, we measure well-being through five elements that are crucial to a life well-lived.

Now, many organizations measure and evaluate their employees’ engagement, while others focus on improving their workers’ well-being. … [ Read more ]

Content: Article | Authors: Dan Witters, Jim Harter, Sangeeta Agrawal | Source: Gallup Management Journal | Subjects: Best Practices, Management, Organizational Behavior

There are three truths about revenue growth. It’s imperative. It’s perilous. And it’s possible regardless of your industry or starting point. Our latest research on growth confirms these truths. Ultimately, getting growth right entails making smart choices and investing time and money in them. We unearthed insights from successful growers that can help others choose their optimal growth path. Crucially, our analysis revealed that the … [ Read more ]

Content: Article | Authors: Asin Tavakoli, Holger Harreis, Kayvaun Rowshankish, Michael Bogobowicz | Source: Boston Consulting Group (BCG) | Subjects: Best Practices, Management, Strategy

Key findings from Gallup’s major study of companies that have implemented strengths-based management practices.

Content: Article | Authors: Brandon Rigoni, Jim Asplund | Source: Gallup Management Journal | Subjects: Best Practices, Human Resources, Management, Organizational Behavior

BCG conducted in-depth research with 127 companies worldwide regarding their experience with agile. Almost all (94%) had embarked on agile initiatives, and two thirds (66%) claimed successful agile transformations. But when we asked which agile practices they applied and what outcomes they achieved, we found that only about half (53%) could be considered truly agile, realizing their transformation targets and creating lasting change in their … [ Read more ]

Content: Article | Authors: Benjamin Rehberg, Erik Lenhard, Jaap Backx, Michael Grebe, Nicolas Hunke, Nina Kataeva, Valerio Gardelli | Source: Boston Consulting Group (BCG) | Subjects: Best Practices, Management

Private equity (PE) firms have a proven approach to identify areas for revenue growth, value creation, and cost reduction: due diligence. But companies rarely use this same approach in the execution of their own growth strategy. This is a missed opportunity. The same due diligence skills and tools can be found in most large companies, but they are usually siloed in the corporate development team … [ Read more ]

Content: Article | Authors: Hoyoung Pak, Jason McDannold, Yale Kwon | Source: Harvard Business Review | Subjects: Best Practices, Management, Strategy

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)