McKinsey Quarterly

McKinsey Quarterly Global carmakers should focus on the way individual consumers actually use their vehicles. Matching a car’s energy storage requirements to a consumer’s particular needs will give consumers a better value for their money, and help carmakers to better define a future market for electric vehicles.

Source: www.mckinseyquarterly.com
Many carmakers design electric vehicles intended to satisfy the needs of almost all customers. Instead, they should embrace a radical new form of market segmentation.
Kevin Huang
Kevin Huang
Consumers are the key for vehicle innovation
November 19 at 10:53pm
McKinsey Quarterly

McKinsey Quarterly Scenarios enable the strategist to steer a course between the falsecertainty of a single forecast and the confused paralysis that often strike in troubled times. When well executed, scenarios boast a rangeof advantages—but they can also set traps for the unwary.

Source: www.mckinseyquarterly.com
Although it is surprisingly hard to create good ones, they help you ask the right questions and prepare for the unexpected. That is hugely valuable.
Srijayan Iyer
Srijayan Iyer
This is the best tool tool for a strategist to have in his/her cache.
Fri at 10:08pm
Smita Pillai Bhattacharya
Smita Pillai Bhattacharya
This is a fantastic article- very clear & articulate. The author best summarizes the need for scenario planning with the phrase : " Scenarios will not provide all of the answers, but they help executives ask better questions and prepare for the unexpected. " As we steer through turbulent times, scenario planning opens the eyes of the organization to a range of plausible options beyond just historical trend based projections. And that is most critical. Excellent read!
Yesterday at 6:08am
McKinsey Quarterly
Efforts to reduce sales costs might seem inevitable during tough economic times...
Jay
Jay
All said and done, but I believe action is purely subjective. In my opinion it all depends your product and the kind of market its catering to. If your product requires you maintain regular contact/meetings with the officials, you arent left with much option but to do so, say for an instance if the client is a Goverment Undertaking, it involves top-down approach. However, I do agree with the aspect of using technology to improvise the operational efficiency and reduce the cost.
November 15 at 9:01am
Prakash
Prakash
Customer acquisition goals are the parameter on which the the options of taking cuts or consolidation etc need to be taken. An organization cannot exclude the impact of short term actions on the long term goals of growth. A through understanding of customers - their buying behavior, commonality among customers and ability consolidate by re-... Read Morearranging the sales mix will go a long way in tiding over the concern of productivity of the salesforce. It is still about looking at the customers then just inside the organization approach.
November 15 at 8:44pm
McKinsey Quarterly

McKinsey Quarterly Novelist and political writer Mark Helprin argues for strengthening copyright protection in his recent book, Digital Barbarism: A Writer's Manifesto. In an audio interview, he ontends that diluting the individual voice will weaken intellectual and artistic output.

Source: whatmatters.mckinseydigital.com
Mike
Mike
What he is trying to protect is his right to make money, not to express himself. I see a big distinction there. If he was a true artist, the financial return aspect of it would be meaningless. I say pshaw!
November 12 at 9:14pm
McKinsey Quarterly

McKinsey Quarterly For the first time in a year, a majority of respondents—51 percent—say economic conditions in their countries are better now than they were in September 2008. However, a majority of executives around the world share the prevailing skepticism that low consumer demand is a worrisome threat to growth.

Source: www.mckinseyquarterly.com
Executives’ optimism about the economy continues to climb, especially in emerging markets and in developed economies in Asia. Executives are a little less sure about their companies’ prospects and say low consumer demand is the biggest barrier to growth.
Sanjiv Agnihotri
Sanjiv Agnihotri
Slow down will move very slowly.
November 13 at 9:40pm
McKinsey Quarterly

McKinsey Quarterly For executives who run major IT organizations, the implications of the current downturn are clear: they will have to make the IT function dramatically more productive, use IT more effectively to meet larger company goals, and embrace disruptive technologies that will shape the new economic terrain.

Source: www.mckinseyquarterly.com
In the ‘new normal,’ successful CIOs will search for value through experimentation with customers and partners.
Thomas Christopher Ty
Thomas Christopher Ty
Most of the time it is the mismanagement and lack of proper allocation and distribution of the company's resources that makes the IT crumble to the ground. When the CIO properly and carefully plans the allocation and distribution of the company's existing IT resources, then a clear path to a productivity can be seen close.
By avoiding favoritism and thinking/planning/allocating/distributing resources objectively; maybe productivity and goal achievement is already at reach.
November 10 at 11:12pm
Bahar Alptekin
Bahar Alptekin
CIO's vision creates strategy. CIO knowing the tangiable
and intangiable assets of data-center and resources
is in a leading role. IT products in the managment of CIO
defines the future. CIO in the board leads the whole
company.
November 11 at 5:15am
McKinsey Quarterly

McKinsey Quarterly McKinsey Quarterly, 2009 Number 4: Competing for Asia's consumers

Sudarshan Vyas
Sudarshan Vyas
Thats the way aahan I like it ahan ahaan. Keep rolling ! :)
November 11 at 2:29am
Hana Jeon
Hana Jeon
I received this copy!!!
November 12 at 2:31pm
McKinsey Quarterly

McKinsey Quarterly Companies around the world are cutting back their financial-incentive programs, but few have used other ways of inspiring talent. We think they should.

Read the essay, then share your thoughts by commenting below.

Source: www.mckinseyquarterly.com
The economic slump offers business leaders a chance to more effectively reward talented employees by emphasizing nonfinancial motivators rather than bonuses.
Anisha Verma
Anisha Verma
Some employees respond well to incentive/ reward and others respond to a different type.
However, my observation is that the younger employees especially young mothers respond more to extra time off while the more mature employees respond more to recognition and praise.

Overall a bland article, content not substantial enuf to justify the mckinsie.
November 9 at 12:19am
McKinsey Quarterly

McKinsey Quarterly When correctly planned and executed, a truly integrated multichannel strategy will help a retailer maximize its share of a customer’s wallet over time, and emerge from the current recession stronger and more rapidly than its peers.

Source: www.mckinseyquarterly.com
In a year of doom and gloom for retailers, the continued emergence of online sales has been a bright spot. Why then do so few companies get true multichannel retailing right?
Nancy
Nancy
Retail merchants need a strong point of view and vision in order to make sense of their value proposition. Presentation is all important. With bean counters and geeks running things, the merchandising gets lost.
Imagine an electronic flea market or a Madison Avenue boutique...
Mostly the experience gets lost in translation...and the stupid tabs on ... Read Morethe left and the stupid boxed in photos..the same on every site....
I want to get all caught up in the experience of it and you designers of retail websites just haven't made it happen for me online. Yet.
I am available for consulting if you have a retail web project that needs imagination and professional merchandising to change all that..
November 4 at 10:30pm
Farid Boudissa
Farid Boudissa
Well, the author's view is interesting, while a little optimistic.
Actors are not the same except for monopolistic Cies....
November 5 at 1:31am
McKinsey Quarterly

McKinsey Quarterly Today, Wal-Mart operates 260 outlets in China and employs more than 90,000 associates. And as China CEO Ed Chan explains in this video interview, Wal-Mart sees enormous potential for further growth in the region.

To read the full transcript, visit: http://www.mckinseyquarterly.com/links/36231

Dinh Bao Anh
Dinh Bao Anh
The Todd's questions are really good, but frankly Ed's answers are very generally in the sense that everybody knows and Wal-mart also knows.
November 4 at 7:24am
McKinsey Quarterly

McKinsey Quarterly Read what they have to say and then let us know what’s working in your
organization.

Source: www.mckinseyquarterly.com
Cutting costs equally across company units may seem fair, but it doesn't make strategic sense. The authors of this article argue that targeting cuts can leave room to build capabilities, too.
Claude EL Nakhel
Claude EL Nakhel
Risk based Process mapping is needed in order to identify so called duplicated activities within the different layers in the organization. Mapping should be done using innovative tools identifying risks and benefits, time and cost allocation...
November 3 at 11:38am
Ashish Bhardwaj
Ashish Bhardwaj
Well analysed article. I guess the easiest and fastest way to show figures is to cut cost while in mid term or long term this decision may fire back yet top executives choose to do this....cant blame them for having short term focus.
November 3 at 6:34pm
McKinsey Quarterly

McKinsey Quarterly Many of the most needed leadership styles, now and in the future, are those used more frequently by women than by men.

Source: www.mckinseyquarterly.com
Executives have markedly changed their leadership styles in the past year—but not their views on which ones will help companies most in the long term.
Whitney Zhan
Whitney Zhan
Besides the collaboration, the more important, I think, is that men and women know how to borrow some thoughts from each other and make those thoughts part of themselves. In each business, both "feminine" and "masculine" ways exist. A good leader knows when and how to get them work for him/herself and the company. Instead of bringing more women to the leadership, I value more on training up leaders to a fusion style.
October 31 at 8:53am
Gerald Jackson
Gerald Jackson
Whitney, I agree. I would add that we should focus on the application of these effective leadership styles and don't spend too much energy assigning techniques and skills to a particular gender.
October 31 at 5:28pm
McKinsey Quarterly

McKinsey Quarterly An interactive exhibit examines 12 types of collaboration efforts in the workplace and the tools required for these interactions to flourish.

Source: whatmatters.mckinseydigital.com
McKinsey authors James Manyika, Kara Sprague, and Lareina Yee explain how technology can improve collaboration among knowledge workers and make them more productive.
Priyank Chaturvedi
Priyank Chaturvedi
wonderfully crafted article!!!!!
October 29 at 11:14pm
Lalatendu Mishra
Lalatendu Mishra
Good article touching upon the missing points i.e. Workforce culture and/or attitude towards productive/constructive collaboration aiming for a collective wisdom; and the metrics to capture the benefits/improvements in the functioanl ecosystem.Agree that while technology has done its bit in providing the platform to collaborate, we the knowledge workers may introspect on those two points for leveraging the benefits for our own effectiveness resulting in a better professional life.
November 1 at 7:24pm
McKinsey Quarterly

McKinsey Quarterly Scott Griffith, CEO of Zipcar, describes the relationship between technology and his company’s innovative business model.

Source: whatmatters.mckinseydigital.com
Technologies such as high-speed Internet, mobile broadband and GPS are enabling new ways of providing value to customers.
Neo Eng Chye
Neo Eng Chye
I like the mission statement, “To enable simple and responsible urban living.”
October 29 at 7:05am