𝙏𝙝𝙚 𝙗𝙚𝙨𝙩 𝙘𝙤𝙢𝙥𝙖𝙣𝙞𝙚𝙨 𝙙𝙤𝙣’𝙩 𝙟𝙪𝙨𝙩 𝙤𝙪𝙩𝙜𝙧𝙤𝙬 𝙩𝙝𝙚𝙞𝙧 𝙘𝙤𝙢𝙥𝙚𝙩𝙞𝙩𝙤𝙧𝙨—𝙩𝙝𝙚𝙮 𝙤𝙪𝙩-𝙞𝙣𝙣𝙤𝙫𝙖𝙩𝙚 𝙩𝙝𝙚𝙢 𝙖𝙨 𝙬𝙚𝙡𝙡. I found this five-minute briefing from McKinsey & Company very insightful! Did you find it insightful too? Let's spread the knowledge ♻️REPOST and share with your connections.
Chinemerem Ugwu’s Post
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What do leading companies do differently that drives them to grow faster than competitors? We studied a set of 50 companies (the top 10 fastest growers over a two-year period in five industries) to understand what they’ve done differently. While there are competitive dynamics that are unique to each of the industries, we identified four common themes of supergrowers. Read on to learn about the patterns of investment, decision-making, and behavior – combined with industry smarts and executive team determination - that elevate these companies to supergrower status.
Practical growth: How "supergrowers" win the race for revenue
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At the moment many prospective clients ask me "It's a recession, how can you expect me to invest in innovation. I need to minimize cost". But there is a great old saying: do the one without stop doing the other. Why? Because innovative companies will outgrow less inoovative ones in the long run. My friends at McKinsey published this great article this week showing the facts. You have to innovate to win. even during a recession. https://lnkd.in/ev5Gr6nG
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mckinsey.com
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As you may be aware, we favour sustainable outcomes and work hard to include them in all our work with our clients. That can sometimes bring some tension to proceedings, because the traditional definitions of success translate automatically as growth and then growth-upon-growth. While of course this kind of growth is necessary to pay wages and afford investment, after a while a commercial organisation will have "more money than they know what to do with" in the notoriously insensitive words of a senior leader at BP some years ago. That level comes at different stages for different companies. We would always argue that, as long as the level of profit ensures all the bills are paid, life is comfortable for all employees and there is some contingency, a company has the opportunity to use their additional "growth" for good - and even refocus the definition of "growth" to be wider than just the financial. Innovation is a key part of that. Although perhaps not coming at things from precisely this viewpoint, here's a McKinsey briefing which advocates innovation as your competitive edge. What do you think? Do you agree with the article? Do you agree with our take on growth? Please let us know in the comments ... #doughnuteconomics #growth #innovation #sustainability #greenleadership https://zurl.co/AFXR
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🚀💡 Embrace Innovative Growth: The Key to Thriving in Today's Market! 💡🚀 McKinsey has just dropped an insightful article shedding light on why innovative growth isn't just good—it's essential for success. 📈 Their research unveils a compelling truth: innovative growers not only dominate in their core businesses but also excel when venturing into new customer segments, industries, or geographies. What's the secret sauce behind this phenomenal growth? It all boils down to organizational culture. 💼 Companies fostering a culture of innovation, breaking down silos, and embracing calculated risks are the ones poised for digital transformation triumph. But wait, there's more! 🌟 Leveraging cutting-edge technologies like generative AI and prioritizing innovation as a core company value are hallmarks of top innovators. And guess what? They're not afraid to fail—because in their world, failure is just another stepping stone to success. Deal-making prowess also sets innovative growers apart, with a strong focus on M&A alongside robust capabilities in R&D, finance, and operations. In a nutshell, this article is a goldmine of industry insights, offering a roadmap for companies to not just grow, but innovate and thrive in an ever-evolving landscape. 🌱💼 #Innovation #Growth #DigitalTransformation #BusinessSuccess #McKinseyInsights https://ow.ly/Q3vU50QKaru?
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Global 200 Women Power Leader 2024 Title | Multi-Awards Winner in Leadership | Advisory Council Board Member | Master Management Consultant ™ | Master Project Manager ® | Innovation Catalyst | Entrepreneur
Check out the latest insights from #mckinsey on growth and #innovation. In #AlyaAlHebshiConsultancy, our motto is #FutureForwardPromise and we achieve this via #innovation that's personalized and curated to your business' and team's needs. Get in touch via www.alyaalhebshi.org and let's explore how to transform your reality to where you need to be! #uaebusiness #innovation #AlyaAlHebshiConsultancy
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mckinsey.com
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Head of Product Management | Product Led Growth Expert, 20+ Years Experience | Developing Innovative Product Strategies & Roadmaps, Creating Optimal Product-Market Fit, and New Product Development
While no one was looking, Fish Innovation Group created tailored roadmaps for success, delivering quick and easy solutions. Today, it's one of the world’s most trusted consulting firms. Here’s the story: - Quick backstory: Fish Innovation Group grew up in the competitive consulting industry. - The odds: Success was not guaranteed. - Only a small percentage make it to the top. - The goal: They aimed for sustainable growth. - The breakthrough: Innovative strategies led to excellence. Visit our website: fishinnovationgroup.com. Share if you believe in tailored solutions! 📈💡 #RevenueOptimization #BusinessGrowth #productconsulting #productroadmapping #productize
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While no one was looking, Fish Innovation Group created tailored roadmaps for success, delivering quick and easy solutions. Today, it's one of the world’s most trusted consulting firms. Here’s the story: - Quick backstory: Fish Innovation Group grew up in the competitive consulting industry. - The odds: Success was not guaranteed. - Only a small percentage make it to the top. - The goal: They aimed for sustainable growth. - The breakthrough: Innovative strategies led to excellence. Visit our website: fishinnovationgroup.com. Share if you believe in tailored solutions! 📈💡 #RevenueOptimization #BusinessGrowth #productconsulting #productroadmapping #productize
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I provide entrepreneurs, CMOs, insight professionals, and growing businesses the clarity they need to develop effective growth strategies.
Innovation and marketing lives or dies based on new insights and are critical to the success of any business. This allows the business to adapt and evolve in an ever-changing market landscape. By establishing a Culture of Curiosity, encouraging diverse perspectives, providing the right resources and support, and refining and implementing insights, businesses can cultivate a rich environment for growth. Ultimately, the lessons learned from the world of agriculture can help organizations navigate the challenges of today’s competitive market landscape, paving the way for a bountiful harvest of success. Use this form if you would like to learn more about cultivating insights for your business. https://lnkd.in/g__MnKQa #clarity #cultivatinginsights #gettingclearaboutCLARITY
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Aspiring Sustainability Expert & Business advisor. Currently Sustainability SW seller at IBM working with partners to help clients make real progress on their sustainability and financial agenda.
A lot happening on ESG reporting now ! If you are unfortunate and cannot join in Montpellier for 2 days (see previous post), make sure to attend this shorter but as exciting discussion on May 16th. #ESG #Sustainability PS: You can of course join both ;o) Tamas Kubicsek
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What companies should you be watching? Check out what we learned at World Agri-Tech: https://hubs.li/Q02rxcts0
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