Thu.May 23, 2024

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A new future of work: The race to deploy AI and raise skills in Europe and beyond

McKensey

To gain the full productivity benefits of generative AI and other technologies, Europe and the United States will need to focus both on improving human capital and accelerating technology adoption.

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How Company Leaders Can Offer Caregiver Support to an Employee

Success

Caregivers provide unpaid support for someone who has a chronic illness or a disability, or for an aging individual who needs care. There are around 53 million caregivers in the United States today. And many of those individuals balance full-time work with their caregiving responsibilities. As the demographics in our country continue to change, more and more caregivers will emerge.

Mentoring 116
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In the spotlight: Performance management that puts people first

McKensey

Performance management systems help people continuously develop—but most companies fall short of best practices. A set of defined design choices can help guide leaders forward.

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Looking to Excel in Your Career? Business Coach Melanie Towey Recommends Starting with Self-Investment

Success

As a certified EOS Implementer® and business coach, Melanie Towey wants you to unsubscribe from what you think you know about success. She wants you to be a little uncomfortable in going to a place of your own truth, not the truth set for you by society. This is what she asks of the women in her Denver-based networking happy hour group UNSUBSCRIBE, and it’s what she asks of the leadership teams she helps become more functional and cohesive through the work she does in her own company.

Coaching 101
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The growing importance of software product marketing managers

McKensey

As launching new products becomes more challenging, the multifaceted role of product marketing manager is poised to become a differentiator for the most successful software providers.

Software 138
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‘Unhappy leave’ is a real thing. But here’s why it’s not enough

Work Life

The idea of a “ mental health day ” started off as an informal concept. People would talk about taking a day of their sick leave to rest or recharge after a particularly stressful period of work. More recently, many more workplaces are offering official wellness days. My own employer, The University of Texas, offers up to eight hours of wellness time a year for full-time employees.

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Strategic alliances for gen AI: How to build them and make them work

McKensey

Strategic alliances are a must for companies looking to build value from generative AI. But approaching them like traditional vendor arrangements won’t work.

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More Trending

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The promise and the reality of gen AI agents in the enterprise

McKensey

Generative AI technology is improving so quickly that a range of new capabilities are rapidly coming online, but only for those who can understand how to use them.

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ChatGPT produces half-baked answers most of the time, but people trust it anyway

Workplace Insight

A new study from researchers at Purdue University has found that 52 percent of ChatGPT’s responses to programming queries were ‘riddled’ with misinformation. Even so, people were more likely to trust its answers because they found the application to be so damn polite and well-spoken. It’s the Buster Scruggs of AI. The team examined ChatGPT’s attempts to tackle 517 programming questions.

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Master data management: The key to getting more from your data

McKensey

Master data management can give organizations a leg up by allowing them to easily organize and access data about customers, suppliers, products, and employees.

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Is your leadership style unintentionally aggressive?

Work Life

We often conjure stereotypical images of overt hostility when we think of aggressive communication: raised voices, forceful demands, and intimidating behavior. However, aggression can take subtler forms, catching even the most well-intentioned leaders off guard. You may be unintentionally aggressive. You don’t have to be a leader who resorts to yelling or bullying to be considered an aggressive communicator.

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Taking industrial sector tech from cost center to competitive edge

McKensey

Industrial companies can enjoy the same strategic technology advantages as digital leaders in other sectors, provided they have the right blueprint: an integrated product and platform operating model.

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Why it’s a big mistake to hire tech workers who show no sign of this

Work Life

The tech sector has a growing skills gap, but it’s not what you think. Even though many ( 54% ) businesses are aware of this void, the majority focus their attention on driving improvement in the wrong area. While training around installing and maintaining tech is undeniably important, emotional intelligence is being overlooked to the detriment of companies and customers.

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Ready. Set. Scale. Shaping leaders for hypergrowth

McKensey

Leading a rapidly growing start-up presents distinct challenges. Developing the leaders to effectively lead hypergrowth organizations requires founders and senior executives to answer four key questions.

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This is the dark side of having too many habits

Work Life

Habits are the building blocks of productivity. They help you effortlessly move through your day, accomplishing what you want to do without reinventing the wheel each time. Relying too heavily on habits, however, can come at a cost. “Habits and routines are very effective at creating comfort in an otherwise chaotic existence,” says Jodi Wellman, author of You Only Die Once: How to Make it to the End with No Regrets.

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Author Talks: Fighting the good fight

McKensey

Are you built to face your greatest fears head-on? Marine Corps veteran and Microsoft executive Nate Boaz shares ways to develop the courage to get through the most trying times—and come out on top.

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How to help 4 generations get along at work

Work Life

One of the major challenges we all face in today’s workforce is how to collaborate with a variety of coworkers that grew up in different circumstances and possess different perspectives and preferences. Indeed, today’s workforce includes workers from four generations : Gen Z, millennials, Gen X, and baby boomers. Too often, instead of trying to understand and value one another for our differences, many of us end up stereotyping, making judgements about, and blaming our coworkers from different

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From bytes to bushels: How gen AI can shape the future of agriculture

McKensey

Complementing analytical AI with generative AI can help agriculture players reduce labor and input costs and improve yields. A number of exciting use cases show how the industry can evolve.

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PNM Offices – Sao Paulo

Office Snapshots

With the post-pandemic, the modern office has become a space for integration and socialization, with communal areas with a predominance of green areas and the free enjoyment of people. PNM, a law office in Vila Madalena, is located inside the Corujas Building, another FGMF project, which seeks to create a more humanized space for work, going against the traditional mirrored glass buildings that are common in São Paulo.

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How to navigate pricing during disinflationary times

McKensey

Although inflation rates are down, businesses should resist the urge to ease up on pricing management. With deft and adaptable pricing strategies, companies can thrive through economic uncertainty.

Sales 118
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Canva has a new product geared at making HR teams’ lives easier

Work Life

Design software darling Canva boasts more than 150 million monthly active users, many of whom who use the product to create social media content. Today, the company announced a new range of “Canva Enterprise” products and services that aim to redesign work and be sold as a subscription model to companies for their HR, marketing, and sales teams to use.

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How HP is finding success in circularity

McKensey

Selling refurbished PCs and printers is at least as profitable as selling new ones, says HP Workforce Solutions president Dave Shull. Here’s how the company is scaling up its circular business.

Sales 117
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3 tips to feel less bored at work

Work Life

Sometimes, work feels excruciating. You don’t want to wake up in the morning for it. You feel constantly distracted. And at the end of day, you don’t feel satisfied at all. It may be that your work isn’t even difficult or overwhelming. If this sounds like you, you may actually have the opposite problem: You’re dangerously bored. When you are bored at work, it can feel like you’re muddling through a gray fog, with no real distinction between one day to the next.

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Five alphas: Essential capabilities to succeed in the next era of private capital

McKensey

The next era of private capital will look different from the last. Five core capabilities can determine which managers capture strong returns, growth, and profitability in these changing times.

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Leaders Should Be Aware of the Five Energy Batteries

I/O at Work

According to Harvard Business Review, it is important for leaders to pay attention to their daily habits in five specific areas. This can help them stay productive and avoid burnout or other health problems.

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Tying short-term decisions to long-term strategy

McKensey

A new survey confirms the well-founded principles behind the allocation of resources for long-term value creation.

Finance 131
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FM:Systems’ Solutions Turns New Headquarters Into Showcase

fm:systems

Shortly after celebrating our 40th company anniversary last month, FM:Systems officially opened our new headquarters about seven miles from our.

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In search of self and something bigger: A spiritual health exploration

McKensey

McKinsey Health Institute’s global survey of 41,000 people finds that spiritual health matters to many, regardless of age, country, or religious beliefs.

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Remote work overseas could lead to double tax for firms, employees and digital nomads

Workplace Insight

The rise of remote work, fuelled by the pandemic, may serve up a hidden danger for employees. Accountants warn that employees who relocate abroad while working for a UK-based company could end up paying income tax in both countries, on top of social security contributions in their host nation. This situation arises from the increased flexibility offered by many companies.

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Five bold moves to quickly transform your organization’s culture

McKensey

An inclusive culture is now a must for companies that want to meet talent, performance, and productivity objectives. Five moves can help leaders accelerate the process of turning around their cultures.

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People less likely to evaluate peers negatively if facing evaluation themselves

Workplace Insight

New research from ESMT Berlin finds that individuals strategically select the colleagues they evaluate, and the evaluation they give, based on how they want to be perceived. Linus Dahlander, professor of strategy and Lufthansa Group Chair of Innovation at ESMT Berlin, alongside colleagues from Purdue University and INSEAD, investigated the impact of how people evaluate peers based on the behaviours of Wikipedia members, for which peer evaluations are transparent.

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Six strategies for growth outperformance

McKensey

In this conversation, three experts discuss the recipe for fostering growth in today’s uncertain economic climate.

Finance 129
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Flow State and Peak Performance

Zevo Health

Have you ever watched someone perform and been in awe of how effortless they made it look? Whether in sports, arts, business – there are countless contexts in which people make really challenging tasks seem incredibly easy. Maybe you’ve had direct experience of this yourself – moments where you’re so completely absorbed in an activity that all sense of time melts away, focus and energy soar, senses heighten, and the output is far greater than you could have anticipated?

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Defining your ‘true north’: A road map to successful transformation

McKensey

Once a byword for cost cutting, transformation now embraces bolder goals. By using your strategy as a guide and four workstreams as paths, you can take your transformation to the next level—and make it stick.

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Diversity In The Workplace: The Importance & Benefits

Zevo Health

Diversity is the inclusion of people from different cultures, backgrounds, experiences or beliefs. The importance of diversity in the workplace is huge as it brings different perspectives and ideas to a company. Benefits of diversity in the workplace include helping company drive success; from early stages of selection and recruitment to day to day communication and working effectively within teams, as well as creating a meaningful rich culture which encourages higher levels of engagement.

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2023 ESG Report: Accelerating sustainable and inclusive growth for all

McKensey

We are driving measurable progress on sustainable and inclusive growth in the societies where we operate. Our 2023 ESG Report details how we are making an impact through our client work, our insights, our actions, and our giving.

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Generative AI could help UK workers save 19 million hours a week by 2026

Workplace Insight

New research from Pearson claims to show the potential of Generative AI to boost workplace productivity by helping UK workers to save ’19 million hours a week’ on routine and repetitive tasks. The new instalment of Pearson’s Skills Outlook series, ‘Reclaim the Clock: How Generative AI Can Power People at Work’ – looks ahead to 2026 and claims too identify the top 10 job tasks with the most time saved by using the technology, in five countries (Australia, Brazil, India, UK and U