Wed.Jul 29, 2020

Women as the next wave of growth in US wealth management

McKinsey

An unprecedented amount of assets will shift into the hands of US women over the next three to five years, representing a $30 trillion opportunity by the end of the decade. Insights on Financial Services

Risk vs. Fear

CaseInterview.com

Risk is defined as the statistical probability of a negative event occurring. When you walk across the street, there is a statistical risk that you may be hit by a car. Whether you are aware of the risk or not is irrelevant. The math still applies.

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To lead in the postcrisis tomorrow, put leadership and capabilities in place today

McKinsey

Amid the crisis, companies have learned to work faster and manage better. Strategies that continually refresh those lessons through people will define winners in the post-COVID-19 era. Insights from McKinsey Accelerate

How to be Strategic – use a Golden Thread

The Management Centre

In this article, Charlie Scott breaks down the mystery of strategy, and how to ensure your strategy is a living reality. A common mystery. Chief Executives rely on their management teams to make strategy happen, from Deputy Directors, to Heads of Departments, to functional Managers, to Team Leaders.

Banking system resilience in the time of COVID-19

McKinsey

Capital cushions at European, UK, and US banks look adequate in most scenarios—and challenged in others. In either case, they must be rebuilt, and that will require some difficult decisions. Insights on Financial Services

System 100

Isolated Information May Equal Trouble

Martinka Consulting

Some recent events have reinforced my belief that singular information can easily lead to the wrong conclusion. We see this in the news. A police officer makes a mistake, and some assume all cops are bad. A protestor (or protest hijacker) throws something, and some assume the whole group is bad. Singular information in other parts of life can also get us off track. I was looking at some of a client’s financial reports. Revenue and production efficiency should move together.

More Trending

The do-it-yourself at-home surgery kit

Seth Godin Blog

Here’s a rusty knife. Here’s a video I saw on YouTube once. Here are some instructions I read on Quora… Okay, how hard can it be? Actually, it might be very hard. Actually, expertise has value.

Video 38

Industry 4.0: Reimagining manufacturing operations after COVID-19

McKinsey

Industry 4.0 technologies were already transforming manufacturers’ operations before the pandemic. Now adoption is diverging between technology haves and have-nots. Insights on Operations

What to Do If Your Boss Doesn’t Like You

Harvard Business

A targeted plan to make things better. Managing yourself Emotional intelligence Digital Article

Five Fifty: The quickening

McKinsey

If you’re feeling whiplash, it might be the ten years forward we just jumped in 90 days’ time. Strategy & Corporate Finance Insights

When to Return to Leading Your Family Business During a Crisis

Harvard Business

A case study. Succession planning Corporate governance Digital Article

AI in healthcare: Microsoft’s Kevin Scott on how tech can treat a pandemic

McKinsey

Machine learning to develop vaccines faster; wearable devices to detect illness sooner: the COVID-19 pandemic could spark significant innovations in healthcare technologies. Artificial Intelligence

The 5 KPIs I track for my work and life

Rod Burkert

In case you missed my last post: Why BVFLS pricing is cratering (not for all, but for many). If the value we deliver to clients is obvious and similar to what others like us do, we are likely providing commodity services and competing on the basis of price.

Transition to the next normal: Enhancing cybersecurity in the Iberian Peninsula

McKinsey

Remote work and more-sophisticated attackers are challenging cybersecurity for companies in Spain and Portugal. Here’s how they’re upgrading their defenses. Digital Insights