Using blockchain to improve data management in the public sector

It’s not just for financial institutions; government agencies can use this digital ledger technology to protect trusted records and simplify interactions with citizens.
Using blockchain to improve data management in the public sector

Measuring the state of US states

New research compares economic and social conditions in US states—and highlights opportunities for government leaders to help make improvements.
Measuring the state of US states

Reinventing construction through a productivity revolution

To transform the sector, action is needed in seven areas or through broader adoption of mass-production approaches.
Reinventing construction through a productivity revolution

The (ongoing) trouble with travel distribution: Customer experience

The industry’s rapid evolution continues unabated. To profit through this turbulence, leaders must focus on what really matters—the customer.
The (ongoing) trouble with travel distribution: Customer experience

Goldratt Theory Of Constraints Explained

Goldratt Theory Of Constraints The theory of constraints or TOC serves as a management model which sees virtually any controllable system to be constrained throughout accomplishing a greater portion of the objectives with a small quantity of constraints. Often there … Continued

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Goldratt Theory Of Constraints Explained

Management By Objectives Steps Involved in Setting Goals With Employees

Management By Objectives Steps Involved Management by Objectives depends on identifying of objectives for every single employee and after that evaluating and focusing their particular performance with the objectives that were established. The idea strives to boost organizational overall performance … Continued

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Management By Objectives Steps Involved in Setting Goals With Employees

What Is A Kaizen Event In Lean Six Sigma Continuous Improvement

What Is A Kaizen Event? What Is A Kaizen Event: Kaizen events usually are quite short period improvement initiatives having a exact goal for improvement. Normally they are really 1 week in length events guided by the facilitator together with … Continued

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What Is A Kaizen Event In Lean Six Sigma Continuous Improvement

Delivering a world-class integration in oil and gas

Transition CEO Huibert Vigeveno discusses what worked in Royal Dutch Shell’s integration of BG Group, its biggest acquisition in more than a century.
Delivering a world-class integration in oil and gas

The new battleground for marketing-led growth

In the digital age, consumers are always shopping around. New research shows that hooking them early is the strongest path to growth.
The new battleground for marketing-led growth

Capturing the value of good quality in medical devices

Improving quality can bring costs down significantly. New analysis and industry examples suggest a way forward for device makers.
Capturing the value of good quality in medical devices

It Takes More Than Math to Design a Distribution Network

Navigating through uncertainty in US commercial insurance distribution

In order to continue to thrive in the changing landscape, US commercial lines insurers will need to enhance the value they deliver and develop new services that meet the evolving needs of brokers and insureds.
Navigating through uncertainty in US commercial insurance distribution

Embracing a Strategic Paradox

83 Ways to Become a Better Manager and Team Member

83 Tips to Be A Better Manager and Productive Employee   Creating Focus: To be able to establish plus communicate objectives for the business 1. Works to line up individual objectives with all the strategic path of your company. 2. … Continued

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83 Ways to Become a Better Manager and Team Member

The artful synergist, or how to get more value from mergers and acquisitions

Keeping your deal team small ensures confidentiality, but pinpointing synergies requires bringing more people on board. Here’s how to strike the right balance.
The artful synergist, or how to get more value from mergers and acquisitions

Core Competencies Examples and Definition In Business

Core Competencies Examples And Definition Core competencies examples with definition: Core competencies are often the primary strengths as well as strategic aspects of the organization, such as the blend of combined know-how and specialized capabilities that permit the company to … Continued

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Core Competencies Examples and Definition In Business

Getting the most out of Industry 4.0

A new survey of global manufacturing experts explores the progress companies have made in implementing Industry 4.0, the challenges many still face, and the ways more players can unlock value.
Getting the most out of Industry 4.0

Salvation or misleading temptation—low-cost brands of legacy airlines

We’ve seen this before: while separate in-house LCC brands seem promising, few have thrived. Success requires a clear rationale, rigorous follow-through ... and ensuring the right answer is not to transform the mainline brand.
Salvation or misleading temptation—low-cost brands of legacy airlines

The seven decisions that matter in a digital transformation: A CEO’s guide to reinvention

A successful digital transformation requires making trade-off decisions. Here’s how successful CEOs guide their business’s reinvention.
The seven decisions that matter in a digital transformation: A CEO’s guide to reinvention

Learning from experience: How hosting the Olympics can leave a positive legacy

Careful planning and an eye on the future can help the cities that host them.
Learning from experience: How hosting the Olympics can leave a positive legacy

Revisiting the Logic of Being Global

Do You Diagnose What Goes Right?

A routinely exceptional year for private equity

A new report from McKinsey finds that in 2016, private markets again defied expectations. But competition is getting tougher for both managers and investors.
A routinely exceptional year for private equity

What’s new—and what’s next—in consumer behavior around the world?

Recent survey results offer a snapshot of how global consumers are feeling. Tracking these data can help companies to understand the shifting landscape and improve the customer experience.
What’s new—and what’s next—in consumer behavior around the world?

Are US consumers feeling greater financial security?

Our latest survey suggests that consumer confidence is on the upswing.
Are US consumers feeling greater financial security?

AI and the Need for Speed

What Are Control Charts Primarily Used For In Business?

What Are Control Charts Used For? Control charts absolutely are a technique of Statistical Process Control or simply SPC. They allow the actual control of variance in a process instead of trying to control every individual variance. Lower and upper … Continued

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What Are Control Charts Primarily Used For In Business?

Competitive Advantage Model Strategy Porter

Competitive Advantage Model A good competitive advantage model is present once the company has the capacity to provide the exact same benefits like competition yet cheaper (cost advantage strategy), or maybe provide benefits which go beyond the ones from rivaling … Continued

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Competitive Advantage Model Strategy Porter

How CFOs can use war gaming to support strategic decisions

CFOs are often natural leaders of this strategic planning tool.
How CFOs can use war gaming to support strategic decisions

Between ROIC and a hard place: The puzzle of airline economics

At a recent symposium of the International Air Transport Association, McKinsey’s Alex Dichter delved into airlines’ tangled finances.
Between ROIC and a hard place: The puzzle of airline economics

From disrupted to disruptor: Reinventing your business by transforming the core

Companies must be open to radical reinvention to find new, significant, and sustainable sources of revenue.
From disrupted to disruptor: Reinventing your business by transforming the core

Optimizing back-end semiconductor manufacturing through Industry 4.0

Can Industry 4.0 tools help back-end semiconductor factories capture elusive gains in productivity, throughput, and quality?
Optimizing back-end semiconductor manufacturing through Industry 4.0

How technology is reshaping supply and demand for natural resources

The ways we consume energy and produce commodities are changing. This transformation could benefit the global economy, but resource producers will have to adapt to stay competitive.
How technology is reshaping supply and demand for natural resources

Discover technology’s impact on natural resources

This interactive graphic explores how recent trends could affect supply and demand for resources.
Discover technology’s impact on natural resources

What Makes Change Harder — or Easier

A Three-Point Approach to Measuring Supply Chain Sustainability

Spectra Energy: ‘We go where the lights are’

President and CEO Greg Ebel on how Spectra Energy became one of the most successful pipeline companies in North America and the future of the industry.
Spectra Energy: ‘We go where the lights are’

Reframing Growth Strategy in a Digital Economy

Pioneering a customer-experience mind-set for Federal Student Aid programs

Brenda Wensil discusses how to build momentum for a customer-centric approach.
Pioneering a customer-experience mind-set for Federal Student Aid programs

Improving the customer experience to achieve government-agency goals

The benefits of a customer-centric strategy aren’t limited to private-sector businesses. Government agencies at every level can gain by putting the needs and wants of citizens first.
Improving the customer experience to achieve government-agency goals

Adopting an ecosystem view of business technology

To fully benefit from new business technology, CIOs need to adapt their traditional IT functions to the opportunities and challenges of emerging technology “ecosystems.” Here’s how it’s done.
Adopting an ecosystem view of business technology

The Secret to Getting the Right Things Done

In this short video, author and executive coach Greg McKeown boils down the primary message of his book Essentialism: The Disciplined Pursuit of Less (Crown Business, 2014) and workshops to this: When you control your choices about how you spend your time and energy, you’ll get the right things done at the right time.

If this were easy, McKeown concedes, people wouldn’t need help doing it. But controlling your time often involves saying “no” to bosses, colleagues, and family. For most people, he says, that can feel so risky that they “won’t even experiment with saying ‘no’.” Learning how to say no sensibly, with grace, and unapologetically is the key to staying focused on the critical things you want to pursue — what McKeown calls “the disciplined pursuit of less.”

McKeown’s coaching work with Silicon Valley executives has led him to believe that success itself is one of the biggest catalysts of failure. Success can lead to an overwhelming uptick in options, causing many leaders and managers to lose the focus that brought them success in the first place.

Finding the space and time to identify the most important things to focus on is the first step. The next step is to eliminate the other demands on your plate and to set up a process for “effortless execution” (in which doing what is essential becomes the default position as opposed to the exception). By focusing on what is essential, McKeown counsels, you can decrease stress while increasing your own satisfaction and contribution to your workplace.

The Secret to Getting the Right Things Done

BCG Matrix Example and Template

BCG Matrix Tool BCG Matrix also known as Growth-Share Matrix is strategic tool for portfolio planning and analysis. BCG Matrix is used for current portfolio analysis, portfolio planning and development, and new strategy development – developing and positioning new businesses … Continued

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BCG Matrix Example and Template

Closing the skills gap: Creating workforce-development programs that work for everyone

The ‘‘skills gap’’ in the United States is serious. Here is how to do better.
Closing the skills gap: Creating workforce-development programs that work for everyone

Partnering with China’s retailers: A guide for consumer-goods companies

Companies must tailor their key-account-management model and capabilities to the Chinese context.
Partnering with China’s retailers: A guide for consumer-goods companies

A future for mobile operators: The keys to successful reinvention

By transforming their networks and operations with the newest technologies, mobile operators could double their cash-flow conversion within five years.
A future for mobile operators: The keys to successful reinvention

Ansoff Matrix Examples

Marketing Analysis Tools: Ansoff Matrix   The Ansoff Matrix is used for planning and analysis of alternatives for business growth. How to use the Ansoff Matrix: This matrix considers existing and new markets and existing and new products for business … Continued

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Ansoff Matrix Examples

ADL Matrix Tool Arthur D. Little Model

ADL Matrix Portfolio Management Model Arthur D. Little Area of planning on strategy consists of taking into consideration the condition of your current industry; focusing on how your business matches it; as well as, from that, finding out the best … Continued

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ADL Matrix Tool Arthur D. Little Model

7S Model McKinsey Organizational Strategy Development System

7S Model The 7S model works extremely well within a wide selection of scenarios in which some sort of positioning point of view is beneficial, for instance, to assist you: Increase the overall performance of your organization. Check out the … Continued

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7S Model McKinsey Organizational Strategy Development System

The evolution of model risk management

An increasing reliance on models, regulatory challenges, and talent scarcity is driving banks toward a model risk management organization that is both more effective and value-centric.
The evolution of model risk management

The people power of transformations

A new survey suggests that for their transformations to succeed, organizations need employee buy-in at all levels, consistent communication, and better people strategies.
The people power of transformations

Sustainable compliance: Seven steps toward effectiveness and efficiency

Banks do not control the demand for compliance, but they can optimize the effectiveness and efficiency of their response.
Sustainable compliance: Seven steps toward effectiveness and efficiency

Digital risk: Transforming risk management for the 2020s

Significant improvements in risk management can be gained quickly through selective digitization—but capabilities must be test hardened before release.
Digital risk: Transforming risk management for the 2020s

How customer experience takes flight at the Orlando airport

Is it possible to have a good customer experience in an airport? Domingo Sanchez, a board member of the Greater Orlando Aviation Authority, explains an effort by the Authority’s CEO and board to do just that.
How customer experience takes flight at the Orlando airport

From scenario planning to stress testing: The next step for energy companies

Utilities and oil and gas firms have long used scenario analysis, but extraordinary times call for new measures.
From scenario planning to stress testing: The next step for energy companies

The case for digital reinvention

Digital technology, despite its seeming ubiquity, has only begun to penetrate industries. As it continues its advance, the implications for revenues, profits, and opportunities will be dramatic.
The case for digital reinvention

7Ps of Marketing Mix with Examples

The 7Ps of Marketing The Marketing Mix 7Ps of Marketing: The part of the Marketing Mix is always to help create a bundle that won’t just fulfill the requirements of your customers in the target market segments, but at the … Continued

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7Ps of Marketing Mix with Examples

Building a Business Creation Engine

Recent research published in MIT SMR suggests that most new business models in established companies follow a consistent path, beginning with the creation of the model/business unit, then shifting to sustaining and growing the business, and ultimately moving to wringing efficiency from it. Understanding these steps is crucial to creating a successful process for repeated business model innovation.

In January 2017, Clayton M. Christensen and Derek van Bever, coauthors of the MIT SMR article, “The Hard Truth About Business Model Innovation,” led a webinar on how business models evolve over time. They demonstrated that an understanding of these stages allows leaders to correctly categorize the innovation opportunities they are considering in terms of their fit with their existing structure and priorities.

The speakers discussed:

• The three stages of the business model journey, and how interdependencies among business model elements change over time
• How to evaluate the fit between an opportunity and an existing business
• Why a company should focus on creating new business models, rather than changing existing ones
• How to turn an event — the act of creating a new business and a new business model — into a repeatable process

Building a Business Creation Engine

An executive’s guide to software development

This essential capability is a blind spot for many nontech leaders.
An executive’s guide to software development

Getting big mining projects right: Lessons from (and for) the industry

Overruns and delays are common in big mining projects. Intelligent interventions can improve the odds of success—particularly on distressed projects.
Getting big mining projects right: Lessons from (and for) the industry

Where companies with a long-term view outperform their peers

Our new Corporate Horizon Index provides systematic evidence that a long-term approach can lead to superior performance for revenue and earnings, investment, market capitalization, and job creation.
Where companies with a long-term view outperform their peers

Protect Your Project From Escalating Doubts

Three Meaningful Strategies for Managing Rapid Change

Strategic Triangle Model 3C Model Ohmae

Strategic Triangle 3C Model by Kenichi Ohmae     The Strategic Triangle Model 3C Model Ohmae by Kenichi Ohmae, the well-known Japanese strategy master, challenges that the strategist must concentrate on 3 important aspects with regard to success in business. … Continued

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Strategic Triangle Model 3C Model Ohmae

How to get the most from your agency relationships in 2017

Executives who know how to set up and manage agency relationships are best positioned to improve their marketing ROI.
How to get the most from your agency relationships in 2017

Time for a new gender-equality playbook

The old one isn’t working. We need bolder leadership and more exacting execution.
Time for a new gender-equality playbook

Don’t Forget the Basics in Digital Transformation

What to Expect From Artificial Intelligence

Call Center Metrics and KPIs Examples

More Examples of Call Center KPIs and Metrics   Here are 8 call center metrics that any call center manager needs to track and monitor daily. Call center reports having the right effective metrics for the performance of the call … Continued

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Call Center Metrics and KPIs Examples

Five Myths About Digital Transformation

33 Networking Tips for Business People

33 Tips for Networking These networking tips will help you improve the results of your networking by polishing your current networking skills and strategies: Networking tips and strategies:       1. Look for good introductions Identify somebody that knows … Continued

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33 Networking Tips for Business People

9 Organization Design and Development Rules For Managers

9 Organization Design and Development Rules Organization Design and Development Is Key To Implementing Business Strategies In Organization Design and Development even though each business is different, and also there isn’t any set method for figuring out the right design … Continued

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9 Organization Design and Development Rules For Managers

Demystifying digital marketing and sales in the chemical industry

Digital can give chemical companies the power to unlock more than $200 billion of new value by reducing cost to serve, improving pricing, and for fast movers, capturing growth from competitors.
Demystifying digital marketing and sales in the chemical industry

Arianna Huffington on the link between leadership and well-being

Better sleep and less stress can improve your performance. The Thrive Global founder shares some tools that could help.
Arianna Huffington on the link between leadership and well-being

From the Archives: How to Reshore Manufacturing Successfully

Non-profit KPIs Metrics Excel Dashboards

Key performance indicators Dashboard in Excel for use on your Non-profit organization Making Non-profit Metrics KPIs Excel Dashboard Templates: The majority of supervisors discover it’s hard to do for the reason that they do not have practice and consequently do … Continued

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Non-profit KPIs Metrics Excel Dashboards

How health apps are promising to reshape healthcare

Two executives from a digital diabetes-management start-up discuss the importance of a patient focus and ways innovation is shaping the industry.
How health apps are promising to reshape healthcare

Understanding real estate as an investment class

When it comes to real estate, institutional investors are changing the terms of engagement.
Understanding real estate as an investment class

Getting Past the Hype About 3-D Printing

Why CFOs need a bigger role in business transformations

CFO involvement can lead to better outcomes for organization-wide performance improvements.
Why CFOs need a bigger role in business transformations

The dark side of transparency

Executives need to get smarter about when to open up and when to withhold information so they can enjoy the benefits of organizational transparency while mitigating its unintended consequences.
The dark side of transparency

Beyond Viral: Generating Sustainable Value From Social Media

Chiropractor KPIs Metrics Excel Dashboards

Excel Dashboards for Chiropractor KPIs Metrics Reporting Here is how to build Key performance indicators Excel Dashboard for a Chiropractor Practice: Making Chiropractor Metrics KPIs Dashboard Report in Excel: Numerous executives discover it is hard to do considering the fact … Continued

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Chiropractor KPIs Metrics Excel Dashboards

Enabling seamless lifelong learning journeys—the next frontier of digital education

In emerging markets, the digital transformation of education is gaining traction, and all stakeholders can benefit if they seize new opportunities for collaboration.
Enabling seamless lifelong learning journeys—the next frontier of digital education

Protecting your critical digital assets: Not all systems and data are created equal

Top management must lead an enterprise-wide effort to find and protect critically important data, software, and systems as part of an integrated strategy to achieve digital resilience.
Protecting your critical digital assets: Not all systems and data are created equal