During this session, Senior Partner Bill Schaninger (Philadelphia) and Expert Partner Neel Gandhi (Atlanta) will discuss the evolving role and function of human resources, the CHRO, and the potential impact on organizations. While many human resource functions have undergone significant transformation through implementing shared service centers and lean operations, most still struggle to deliver on the premise of strategic HR. Although CEOs rank human capital the number one issue they face in today’s business environment, they view HR as only the eighth or ninth most important function in an organization. The time has come to change the role of HR by shifting to a new model of interaction with the business and revamping the role of the function to a talent asset manager. Our presenters will discuss what the next generation of HR looks like and the immediate steps organizations can take to start this journey: re-envisioning the HR role, embedding advanced analytics, driving operational excellence, and transitioning to the optimal organizational structure. Read More..
- "There's no doubt I would not be doing what I do today without my McKinsey experience."Alison Watkins (AUS, MEL, XIA 89-99)
- "It gave me hands-on insight on how to run a company. One of the training elements I really look back on was the one-week Engagement Leadership Workshop. I learned there that there are multiple aspects of leadership, and it was incredibly thought-provoking. Becoming a great leader involves the ability to juggle all these different aspects of leadership at the same time."Jørgen Knudstorp (COP 98-01)
- "McKinsey trained me how to work with CEOs and senior leaders so they treat you and see you as a peer. I also learned business judgment, analytical, and problem-solving skills. At McKinsey, there is great apprenticeship and mentorship in learning how to lead a team."Rebecca Wei (SHA, HKO 99-10)
- "While at the Firm, I made significant strides in areas like structured thinking, approaching problems analytically, and conveying a story well."Naveen Tewari (MUM, SVO 00-03)
- "One of the things McKinsey helped teach me was how to make good decisions really fast because you often find yourself in situations where you have imperfect information but you need to act. My McKinsey skills have also been very important in how we think about the growth of IRONMAN as a brand."Andrew Messick (AMS, CHI 91-97)
- "There's an intellectual debate and discussion happening that makes your time at McKinsey intellectually dynamic, powerful and invigorating in a way that should be cherished by people who live it every day."Luis Ubiñas (BOS, LAN, SFO 89-08)
- "McKinsey was an incredible training ground that has been extremely helpful in starting and running Gogobot. One powerful thing I learned at McKinsey is the ability to synthesize complex ideas and communicate them in very simple ways that are easy to understand."Travis Katz (SFO 01-03)
- "The Firm's training in structured thinking and communications has been invaluable to me as I have gone through life post-McKinsey. McKinsey was also a great training ground for leadership in service — how to create a vision of something and work through others to make it happen."Wendy Becker (LON, SFO 93-08)
- "My years at McKinsey were absolutely rewarding after seeing measurable impact on each engagement I worked on. I am fully convinced that McKinsey is the proven training ground for future business leaders, and it also provides a fun, rewarding, and exciting work environment that each McKinsey consultant can be proud to be part of every day."Emre Gürkan (ATB, ATL 05-05, 06-08)
- "In every meeting with potential clients or investors, I use the skills I learned on presenting and telling a compelling story."Kathryn Minshew (NYO 08-10)
- "At McKinsey we're really trained to think big . . . to not be afraid of the big problems, but actually to embrace them and dissect them, and try to figure out what to do about them."Jim Ayala (DAL, HKO, MAN, SIN 84-86, 88-03)
- "Many of the core McKinsey skills and approaches have been invaluable in the growth and success of MetaPack: disaggregating problems, fact-based analysis, market studies, identifying the true source of sustained competitive advantage. It's all quintessential McKinsey and has been essential."Patrick Wall (LON 92-95)
- "Gaining the ability to work quickly and diligently was key, as was people management, analytical thinking, and problem solving."Yasmin Belo-Osagie (LGS 12-14)
- "I'm better able to communicate and persuade. I'm comfortable with individuals from many different levels of an organization. I problem-solve all day long. These skills were honed at McKinsey and are invaluable to me today."Ayr Muir (BOS 03-03, 04-08)
- "We couldn’t have done this without our McKinsey training. Developing a clear proposition, learning how to communicate effectively with CEOs, crafting an argument, creating an economic model – all of these skills are firmly grounded in our McKinsey experience. My time at McKinsey has been the single most important time in my career."Ann Smith (CLE 00-05)
- "McKinsey teaches you to be extremely comfortable with ambiguity and to adapt to new information extremely quickly, however time-pressured or high-stakes the situation."Alice Bentinck (LON 09-12) and Matt Clifford (LON 09-12)
- "McKinsey not only has opened doors, but also greatly improved my problem-solving. You have to step away to realize just how much better everyone gets while they're at the Firm. It is really phenomenal."Bruce Constantine (TOR, BOS 04-12)
- "Clearly the values, the meritocracy and the quality of the people are unique aspects of the Firm that you cannot find elsewhere in any sizeable organization. In addition, I found the diversity and relevance of the problems you deal with exciting and hard to find anywhere else."Mickey Huibregtsen (AMS 70-99)
- "I originally saw working at McKinsey as a piece of the puzzle – something that would provide me with exposure to all aspects of business. I now see it as a frame for the puzzle. It’s provided me context for putting all the other pieces in place."Tim Carl (CLE 01-02)
- "Spending time at McKinsey was one of the highlights of my life. It has influenced nearly every aspect of my management style – from how I think about solving problems to how I feel about treating the people in my company's care. "Tim Carl (CLE 01-02)
- "We draw on our McKinsey experience every day. We use the presentation and communication skills we developed at McKinsey all the time."Dai Ellis (SFO, NYO 91-02) and Oliver Rothschild (NYO 08-08, 10-11)
- "Understanding the motivations and bringing along elected officials in particular was a totally new experience for us, but was something that could be sorted through by using the same consensus building skills at McKinsey."Gautam Grover (CHI, KLA 05-09)
- "[McKinsey] taught me the importance of taking the 30,000-foot view and at the same time taking the deep dive when required."Amisha Jain (LAN, SCA 08-11)
During this session, McKinsey Global Institute (MGI) Partner Michael Chui (San Francisco) and Senior Partners Nicolaus Henke (London) and Sha Sha (Hong Kong) will share findings from a new report, "The Age of Analytics: Competing in a data-driven world," which is the culmination of a joint research venture between MGI and McKinsey Analytics. Every month we hear of new innovations such as driverless cars, AlphaGo, Watson, and intelligent personal assistants like Alexa and Siri. But what is the actual state of the art in terms of how data and analytics has become a basis of competition in various industries? What are the next steps that companies have to take to actually capture the value promised by data and analytics? How might these technologies cause disruption across sectors? And where will the next generation of artificial intelligence and machine learning technologies have the most impact? Join us for a conversation on how to tackle these and other key questions about the role of data and analytics in the global economy and how leaders should prepare. Read More..
Alumni have been a regular feature of Forbes' prestigious '30 Under 30' lists since their inception, and we're proud to announce that the tradition continues. Seven alumni and a current Firm member appear on the U.S.- and Europe-based lists, which were released on January 3 and January 16, respectively. Read More..
In the 76 news headlines from the three weeks ending December 18, December 21, and January 1, Ron O'Hanley appointed as Vice Chairman of State Street Corporation, U.S. Bank BBVA Compass names Garanti Bank's Onur Genç as CEO, effective first quarter of 2017, South Korean tire company Hankook appoints Sukjoon Won to lead its battery subsidiary Atlas BX as CEO, William T. Ross is named Chief Operating Officer of $1B U.S. shopping center operator DDR, Mudassir Sheikha and Magnus Olsson have received the single largest investment in any startup from Dubai, turning Careem into a unicorn ($1B startup), Romania's former Secretary of State for Trade and Investment Manuel Costescu elected to Romanian Parliament, and more. Read More..
In the 35 alumni headlines for the week ending December 11, Jorge Boucas is appointed CEO of Sodiaal Group, Peter Devlies is named CEO of AXA Bank Europe, Golden Globe nominee Lisa Joy, co-creator of HBO hit "Westworld," discusses her journey from consulting to screenwriting, MTN Group elects Jens Schulte-Bockum as their Group Chief Operating Officer, and Markus Leibundgut is appointed CEO of Swiss Life Switzerland.
In the 52 alumni headlines for the week ending December 4, Vanessa Colella is appointed CIO at Citigroup and CEO of Citi Ventures; $18B international tobacco manufacturer JTI (Japan Tobacco International) selects Eddy Pirard as its new President and CEO, effective April 2017; Alexander Edelman is selected as Global Head of Information Technology and Organization at Hamburg Süd; Cipla appoints Ireena Vittal to its board of directors; and Maximillian Bittner wins Asia Disruptor of the Year at the 2016 CNBC Asia Business Leaders Awards.
Too many people, Nick believes, are hindered by a narrow view of what they can do in the world: “they swim exclusively in their own lanes when the whole pool is available.” In this Q&A, Nick explains why mindfully building a life and career that offer broad experience and perspective is beneficial both to us as individuals, and to society as a whole. Read More..
Hooi Ling is co-founder and COO of Grab, the biggest ride-hailing mobile service provider in Southeast Asia. It’s been valued at nearly $2 billion – one of the first startups in the region to surpass the billion-dollar valuation mark. Read More..
In the 41 alumni headlines for the two weeks ending November 27, Karl Lamprecht is appointed President and CEO of the ZEISS Semiconductor Manufacturing Technology (SMT) business group; Vanessa Colella and Mariano Belinky are recognized on Institutional Investor's 2016 list of the most powerful Fintech Dealmakers; Michèle Borgeaud is elected to the supervisory board of the Financial Market Authority (FMA) Liechtenstein; 3 alumnae are named to Canadian women's leadership organization WXN's 2016 list of Canada's Most Powerful Women; Hiscox promotes Juan de Castro to Chief Operating Officer of Hiscox UK and Ireland; Max von der Planitz is promoted to Head of Corporate Strategy & Development at German eCommerce company Otto Group; and more. Read More..
Whether in consulting or in higher education, Scott, a Senior Partner Emeritus, has made developing the potential of others a professional priority. After a 26-year career at McKinsey, Scott has just wrapped up his first year as the dean of the University of Virginia Darden School of Business, currently ranked number 3 in the world by The Economist magazine. Read More..
In this week's 36 alumni headlines, Fuencisla Clemares is named Managing Director, Spain & Portugal at Google, Mark Jones will take over as Man Group's CFO, and Diane Smith-Gander joins the board of Australian energy company AGL Energy Limited Read More..