Improving strategic outcomes with advanced analytics

AI and machine-learning tools can enhance strategic planning.

In this episode of the Inside the Strategy Room podcast, McKinsey Insights explores how digital analytics is revolutionizing strategy. Nicholas Northcote, who for years led McKinsey’s research on strategic decision making, is joined by Sagie Davidovich, the cofounder and CEO of SparkBeyond, a McKinsey partner company that operates an AI-driven analytics platform, and Sasha Vesuvala, who leads much of McKinsey’s work in applying advanced analytics to strategy and growth-related questions. To read this edited transcript of the discussion follow this link.

Reviving the art of apprenticeship …

… to unlock continuous skill development.

Postpandemic skill gaps need filling, and formal learning alone won’t do the trick. Scaling the lost art of one-on-one learning can make the difference.

Apprenticeship may feel counterintuitive in the face of intense workplace time pressures, but—with some modernizing—it can efficiently unlock the rapid capability building that today’s knowledge-based workforce requires.

Got interested – read the original full post here.

CBDC and stablecoins: Early coexistence on an uncertain road 

With the rapid rise in circulation of stablecoins over the past couple of years, central banks have stepped up efforts to explore their own stable digital currencies.

Cryptocurrency has been touted for its potential to usher in a new era of financial inclusion and simplified financial services infrastructure globale. To date, however, its high profile has derived more from its status as a potential store of value than as a means of financial exchange. That disconnect is now evolving rapidly with both monetary authorities and private institutions issuing stabilized cryptocurrencies as viable, mainstream payments vehicles.

keep reading original post here!

‘Great Attrition’ or ‘Great Attraction’?

The choice is yours …

Companies are struggling to address the problem of employees leaving, and many will continue to struggle for one simple reason: they don’t really understand why their employees are leaving in the first place. Rather than take the time to investigate the true causes of attrition, many companies are jumping to well-intentioned quick fixes that fall flat …

The Great Attrition is happening, it’s widespread and likely to persist—if not accelerate—and many companies don’t understand what’s really going on, despite their best efforts. These companies are making ineffective moves based on faulty assumptions.

Got interested? Please follow this link to the original post!

Using agile to accelerate your data transformation

Data-management issues can undermine companies’ ability to create value from analytics. Some businesses are using agile principles to make sure data are available when and where they are needed.

Got interested? Keep reading original post from McKinsey here

The Committed Innovator

The Committed Innovator: A conversation with Tanya Baker of Goldman Sachs Accelerate by Erik Roth (Senior Partner at McKinsey’s)

The global leader of Goldman Sachs’ internal new business incubator on fostering innovation and entrepreneurial ventures within the firm. Keep reading the original interview / post here.

The impact of agility

How to shape your organization to compete – Insights from over 2,000 global respondents reveal the recipe for an agile transformation that delivers real business impact.

Agility is on everyone’s lips—online searches for “agile transformation” yield around 100 million hits, and the stories of well-known pioneers circulate widely. But is this just hype, or are there real benefits to be gained? Is agility just noise from the IT department, or an opportunity that merits serious attention from the top team? And if pursuing agility yields benefits, what is the recipe for success?

To find the answers keep reading here the original post on McKinsey & Company.

Rebel Mindset Handbuch

Peter und Anja haben wirklich eine grossartige und kurzweilige Lektüre geschrieben – mit dem oben genannten Titel.

Öffentliche Reaktionen gibt’s auch schon:

„Bildreich und frech plädieren Anja Förster und Peter Kreuz dafür, anders zu denken und wieder Mut, Spaß und Leidenschaft in den Wirtschaftsalltag zu bringen.“

– MANAGER MAGAZIN

„Bürstet die routinierten Abläufe in Organisationen gegen den Strich. Ein Aufbruch aus Erstarrung und perfektionierter Mittelmäßigkeit.“

– BERLINER MORGENPOST

Sie beschreiben, wie man selber die Wahl hat, jeder Leidenschaft und Antrieb haben muss, den Status Quo hinterfragt, Verantwortung durch Freiheit übernimmt, das Ungewöhnliche suchen muss und über eine innere Einstellung. Mitgezählt? Sind sechs!

Hier geht es zur “Quelle”!

Why Amazon, Walmart, & Smaller Retailers Are Betting On Micro-Fulfillment

As retailers spar to offer a better online shopping experience, micro-fulfillment technology could deliver a faster service for customers while boosting profits for retailers – read here.

Authentic Intrapreneurs Are Interested In Doing What Works

To move beyond innovation theater, intrapreneurs have to become keenly interested in creating value for the companies they work for. Keep reading here