Tag: McKinsey
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Making the Invisible Hand Visible: Managers and the Allocation of Workers to Jobs by Virginia Minni :: SSRN – Match workers to jobs they’re good at. // “My results imply that the visible hands of managers match workers’ specific skills to specialized jobs, leading to an improvement in the productivity of existing workers that outlasts…
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This 7,000-year-old mummy DNA has revealed a ‘ghost’ branch of humanity – A lost genetic line.
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The Illiterate Corporation
I’m the guest on this week’s When Shit Hits the Fan podcast. You can hear about two of my fan shattings. Here’s the podcast in Apple, Spotify, and Overcast. Favor documents over slides Slides are an oral culture, not a written culture. Imagine civilization without writing: that’s what organizations relying on slides instead of documents…
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Stuck in the pilot phase: Enterprises grapple with generative AI ROI – ”More than 90% of leaders expressed concern about generative AI pilots proceeding without addressing problems uncovered by previous initiatives, according to the Informatica report. Nearly 3 in 5 respondents admitted to facing pressure to move projects along faster. ”
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Rewiring the way McKinsey works with Lilli, our generative AI platform – “30% time savings in searching and synthesizing knowledge.” // Worth reflecting on how much of this is pulling together all the stuff for monthly status updates to management, a huge time suck for office workers. Much of it is probably bullshit work, but…
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The cloud is benefiting IT, but not business – “The central promise of cloud computing was to usher in a new era of agility, cost savings, and innovation for businesses. However, according to the McKinsey survey, only one-third of European companies actively monitor non-IT outcomes after migrating to the cloud, which suggests a less optimistic…
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‘This shit’s so expensive’: a note on generative models and software margins – “The fundamental problem with generative models is that they are 10x too expensive to work with the industry’s default business models and structure. Either these companies who are going all-in on ‘AI“‘need to fundamentally change everything about how they work – laying…
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The only people who don’t like metrics are the people being measured, or, developer productivity metrics quicksand
No links today, but this: Measuring Developer Productivity Once you suggest tracking an individual software developer’s performance, you get into big trouble with the thought leaders. This is, you know, pretty much a correct a response. McKinsey decided to have a go recently, giving us all a chance to think about “developer productivity” again. In…
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Unleash developer productivity with generative AI, McKinsey survey – Their survey says it’s good in four areas: Expediting manual and repetitive work, Jump-starting the first draft of new code, Accelerating updates to existing code, Increasing developers’ ability to tackle new challenges.
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Beyond belt-tightening: How marketing can drive resiliency during uncertain times | McKinsey – What’s a little crazy is: shouldn’t this all just be the way marketing always works?
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Link: What Your Innovation Process Should Look Like
“Once a list of innovation ideas has been refined by curation, it needs to be prioritized. One of the quickest ways to sort innovation ideas is to use the McKinsey Three Horizons Model. Horizon 1 ideas provide continuous innovation to a company’s existing business model and core capabilities. Horizon 2 ideas extend a company’s existing…
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Link: The sky’s the limit
‘But China could add 13% to its GDP by 2025, relative to a baseline, if it increased women’s employment, hours and productivity as quickly as the leading countries in its region or peer group, McKinsey says. That would translate into an extra $2.6trn by 2025 (an economy the size of France). In India the relative…
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Link: Subscription businesses, McKinsey
“The subscription e-commerce market has grown by more than 100 percent a year over the past five years. The largest such retailers generated more than $2.6 billion in sales in 2016, up from a mere $57.0 million in 2011.1 Fueled by venture-capital investments, start-ups have launched these businesses in a wide range of categories, including…
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Link: Veteran Tech Analyst Aims to Change the Research Game in Tesla and Others
The pressures of being public drive bad research management decisions, this dude believes: “If you look at places that attract the best talent, they’re all partnerships — the old Goldman Sachs, or consulting firms like BCG and McKinsey, or law firms. You don’t want any other shareholders than those bringing in the intellectual capital. I…
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The new industry analysts, again
Never mind journalism, it’s industry analysts who are being disrupted. I keep coming across a new crop of IT industry analysts who end up getting compared incorrectly to journalists. It’s little wonder as most people have little idea what an industry analyst does; it’s not like analysts, hidden behind their austere paywalls, help much there.…
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