Sunday, May 28, 2023
  • Login
CEO North America
  • Home
  • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
    • Environment
  • Opinion
  • News
  • Multimedia
No Result
View All Result
  • Home
  • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
    • Environment
  • Opinion
  • News
  • Multimedia
No Result
View All Result
CEO North America
No Result
View All Result

People’s virtual skills

in Innovation
- people’s virtual skills
Share on LinkedinShare on WhatsApp

Leaders are being asked to move fast and make big decisions with unprecedented frequency. Carrying them out and creating change that matters will rely heavily on capabilities.

McKinsey CAPABILITY BUILDING

Getting a transformation right under normal business conditions is hard to do. In fact, according to our research, about 70 percent of transformations fail. But right now it’s perhaps even harder—and more critical—than ever.

In the midst of the COVID-19 outbreak, leaders are being asked to move fast and make big decisions with unprecedented frequency. Carrying out those decisions, and creating change that matters, will rely heavily on the capabilities of their people.

“It’s one thing to have a great strategy,” says Jon Garcia, a McKinsey senior partner, “but you need to have people with the right skills and capabilities driving the change for it to work—especially while being remote.”

To help organizations do that, we’ve developed a new digital capability-building program focused on helping organizations during COVID-19. Adapted from our aptly named “Ability to Execute” platform, which is typically used within large-scale transformations, the COVID Response Edition of the platform helps build the skills needed to create change quickly—and remotely.

Designed by Transformation consultants and McKinsey Academy learning specialists, the Ability to Execute platform is based on the latest adult-learning knowledge and practices. Each program combines online experiences and facilitated workshops and simulations to help employees improve the way they work, focusing on the skills and mindsets that matter most.

The new COVID Response Edition is designed to help companies quickly build employees’ skills to navigate this crisis. Over the course of three weeks, participants focus on mindsets and behaviors that drive performance, leadership in a crisis, and great remote working.

“Organizations are dealing with both urgent business and safety needs, and they’re also looking for ways to invest in their people,” says Michael Park, a McKinsey senior partner who is co-leading the Covid Response Edition with Jon. “Our hope is this program offers another opportunity to support employees’ growth.”

The original Ability to Execute platform has been deployed to over 235,000 employees across more than 80 organizations globally, helping leaders across around the world sustain transformational change.

Long before the coronavirus outbreak, for example, an advanced-industries company with more than 100,000 employees across 150 countries needed a scalable way to improve the way it functioned at a foundational level. A one-time project designed for the executive team alone wouldn’t be enough.

Over the course of a year, the organization rolled out an Ability to Execute platform in eight languages to more than 40,000 of its people. Through interactive simulations, videos and quizzes, and expert guidance informed by behavioral science, participants were asked to think deeply about their roles, provide meaningful feedback, and change their everyday behaviors.

“The COVID-19 environment has only exacerbated what’s needed for any transformation: translating common sense into common behavior to get uncommon impact.”

Liz McNally, McKinsey partner

This introduced an entirely new framework and common language that has helped change the company’s corporate culture. Meetings, for example, have been shortened to 30 minutes where possible with clear agendas and action items. The concept of pre-mortems—where colleagues identify risks and anticipate problems before a project begins and develop plans to prevent or reduce potential negative impact—has been embedded in employees’ ways of working.

Rajesh Krishnan, a McKinsey partner, explains how the mindset shift has taken place in this case. The client’s people talk about feeling heard and valued, and the leadership team says that the new structured approach more deeply integrates customers’ needs into their decision-making.

“Ability to Execute is about helping current and future leaders understand why their organization is going through the change that they are,” says Rajesh. “It demystifies complex concepts and delivers them in simple, tactical ways that make sense to everyone.”

Take prioritization, for example. Ability to Execute guides participants through a well-known exercise that uses rocks, water, and sand as metaphors for the varying degrees of importance around daily tasks. Participants can visualize how difficult it can be to accommodate the “big rocks” if you start with sand or water.

“A lot of this sounds like common sense,” says Liz McNally, a McKinsey partner. “But from our experience, many of these foundational skills are rarely common practice consistently across an organization. The COVID-19 environment has only exacerbated what’s needed for any transformation: translating common sense into common behavior to get uncommon impact.”

Tags: CEOCEO NorthamFuture of workMcKinsey & CompanyMcKinsey BlogVirtual skillsWorkforceWorkplace

Related Posts

Trust, risk, and opportunity: overseeing a comprehensive data and privacy strategy
Business

Hackers are finding ways to evade newest cybersecurity tools

Cisco warns ai software could make phishing attacks harder to fend off
Business

OpenAI unveils new privacy options for ChatGPT

Global tech spend will slow to 4. 7% in 2023
Business

Global Tech Spend Will Slow To 4.7% In 2023

What’s hot this year in supply chain technology
Business

What’s hot this year in supply chain technology

Business benefits of a customer self-service strategy
Business

Business benefits of a customer self-service strategy

When retail buyers panic, a. I. Keeps calm
Business

When Retail Buyers Panic, A.I. Keeps Calm

A simpler path to better computer vision
Business

A Simpler Path to Better Computer Vision

Trust, risk, and opportunity: overseeing a comprehensive data and privacy strategy
Innovation

Trust, Risk, and Opportunity: Overseeing a Comprehensive Data and Privacy Strategy

Engineers solve a mystery on the path to smaller, lighter batteries
Innovation

Engineers Solve a Mystery on the Path to Smaller, Lighter Batteries

Adopting an ecosystem-first mindset in software
Business

Adopting an Ecosystem-First Mindset in Software

No Result
View All Result

Recent Posts

  • US debt-ceiling deadline extended to June 5
  • US regulators eye AI to protect consumers, workers
  • Office REITs hit lowest level since 2009 amid remote work, tighter budgets
  • Nvidia nears entry to $1-trillion club amid AI frenzy
  • Canada, Saudi Arabia restore diplomatic and trade ties

Recent Comments

    Archives

    Categories

    • Art & Culture
    • Business
    • CEO Interviews
    • CEO Life
    • Editor´s Choice
    • Entrepreneur
    • Environment
    • Food
    • Health
    • Highlights
    • Industry
    • Innovation
    • Issues
    • Management & Leadership
    • Multimedia
    • News
    • Opinion
    • PrimeZone
    • Printed Version
    • Travel
    • Uncategorized

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org

    • CONTACT
    • GENERAL ENQUIRIES
    • ADVERTISING
    • MEDIA KIT
    • DIRECTORY
    • TERMS AND CONDITIONS

    Editorials – stuart.james@ceo-na.com

    Advertising – media@ceo-na.com

    NEW YORK

    110 Wall St.,
    3rd Floor
    New York, NY.
    10005
    USA
    +1 212 432 5800

     

    MEXICO CITY

    Paseo de la Reforma 296,
    Floor 38
    Mexico City
    06600
    MEXICO

    • CONTACT
    • GENERAL ENQUIRIES
    • ADVERTISING
    • MEDIA KIT
    • DIRECTORY
    • TERMS AND CONDITIONS

    Editorials –
    stuart.james@ceo-na.com

    Editor-In-Chief –

    caroline.sposto@ceo-na.com

    Editorials – editorials@ceo-na.com

    Advertising –
    media@ceo-na.com

    NEW YORK

    110 Wall St.,
    3rd Floor
    New York, NY.
    10005
    USA
    +1 212 432 5800

    MEXICO CITY

    Paseo de la Reforma 296,
    Floor 38
    Mexico City
    06600
    MEXICO

    CEO North America © 2022 - Sitemap

    No Result
    View All Result
    • Home
    • Business
      • Entrepreneur
      • Industry
      • Innovation
      • Management & Leadership
    • CEO Interviews
    • CEO Life
      • Art & Culture
      • Food
      • Health
      • Travel
      • Environment
    • Opinion
    • News
    • Multimedia

    © 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Warning: array_sum() expects parameter 1 to be array, null given in /home/ceonacom/public_html/wp-content/plugins/jnews-social-share/class.jnews-social-background-process.php on line 111