Recent trends in health care costs, health care coverage, and household income have contributed to growing disparities between different income groups in the United States. This article reveals how US workers have come to expect employers to pay for some part of employee health insurance; many consider this an important part of overall compensation. However,…
McKinsey & Co means that management practices focusing on “hard” incentives, rewards, and consequences, as well as on employees’ mind-sets and values, make workplaces safer. Furthermore, that a high level of safety for all employees is important in itself, of course, and when companies fall short they expose themselves to greater liability, reputational risk, and…
According to McKinsey & Co, we certainly all know examples of bad product and service design. The USB plug (always lucky on the third try). The experience of rushing to make your connecting flight at many airports. The exhaust port on the Death Star in Star Wars. The question comes to the fore: How do the best…
Yesterday’s tentative approaches won’t deliver; you need absolute clarity about digital’s demands, galvanized leadership, unparalleled agility, and the resolve to bet boldly. If there’s one thing a digital strategy can’t be, it’s incremental. The mismatch between most incumbents’ business models and digital futures is too great—and the environment is changing too quickly—for anything but bold, inventive strategic plans to…
How secure is the global financial system, a decade after the crisis? Great strides have been made since 2008 to prevent a recurrence of the financial crisis and recession that followed. Yet there is more debt than ever in the global financial system. The world economy has recently returned to robust growth. But some familiar…
McKinsey and Company poses that small, independent teams are the lifeblood of the agile organization and that top executives can unleash them by driving ambition, removing red tape, and helping managers adjust to the new norms. But on a deeper level, what exactly does it take to set loose the independent teams that make agile organizations…
