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Getting what you pay for: Figuring out HR P&L

Given the many millions of euros that large multi-nationals routinely spend on human resources, it is surprising how few companies have a firm grasp on their HR costs. We believe that introducing an HR P&L is the best way to shed light on murky corners so as to reveal which HR services make a real contribution to your business – and ensure that your HR operates as a true strategic partner in your organization. (7/1/2009)

McKinsey Technology Perspective: New Degrees of Management Freedom

For years, managers have organized and run companies according to a static set of principles first set down in the era of Alfred Sloan. Today, advances in information technology have enabled innovative companies to challenge some of these business orthodoxies. New degrees of freedom regarding where and how companies compete, and how they create value could transform the concept of the corporation itself and how companies are managed. Learn about the ways in which companies that exploit these new freedoms can change the competitive game in their favor. (6/24/2009)

Financial Crises, Past and Present

Financial crises occur with surprising frequency and judging from history, the current upheaval will probably rank among the biggest. Yet, comparing the current financial crisis with those of the 20th century may provide some comfort: the impact of past crises on the real economy was by no means uniform and it depended – critically – on the way governments acted to recapitalize the banking system and to restore stability and confidence. (6/24/2009)

The Bottom-Up Boost: Pulling Off a Lean ICT Transformation

Taking high-performing information and communication technology (ICT) services organizations to the next level of performance often requires a bottom-up lean approach. While top-down innovations typically trigger one-time bursts of progress, more managers have begun to realize that they're missing the one element that over time propels the very best companies far ahead of the rest: a company culture focused on continuous improvement. (6/17/2009)

 Interviews

The Art of Operational Transformation - Interview with Carlos Calvo from Telefonica

Carlos Calvo, COO of Telefónica Spain, shares the details of his company’s transformation journey in an interview with McKinsey & Company. Telefónica Spain started its lean operational transformation six years ago and today serves as a pioneering industry example in this area. The results have been impressive; for example, annual productivity improvements of 20 percent have been achieved since its start in 2002. (6/3/2009)

 External Research

Asia-Pacific Broadband Overview

Ovum recently published a report on the key broadband trends and markets in the Asia-Pacific region. Broadband adoption there varies considerably by market, with the world's fastest and slowest connection speeds, highest and lowest penetration levels, and widest price ranges distributed across the region. Asia-Pacific requires considerably more development and pressing issues (such as lack of backhaul capacity) exist, especially in countries with geographically dispersed populations. (7/1/2009)

 Analysis

McKinsey's Operations Quick Diagnostics

With changed market dynamics, operators face the challenge to transform their operating model towards lean. As markets shift and splinter with the onset of maturity, many companies are looking for better ways in which to attract and retain customers and how to reach operational excellence. McKinsey & Company's Operations Quick Diagnostics is a tool that can be used to make a quick assessment of the operating model and to get an overview of potential improvement areas. It covers information on overarching financial and operative performance as well as on the operating model. (6/7/2006)

 Community

Getting what you pay for: Figuring out HR P&L

a very interesting article....
 Publications

O&T RECALL No2 - Operational Transformation

Welcome to the second issue of McKinsey’s O&T RECALL, a publication for leaders in the telecommunications industry dedicated to operations and technology matters. In this edition, we are discussing our insights on operational transformation. While many operators have already seen great progress through operational improvements, most are still far away from the standards set by operational leaders in other industries. (6/10/2009)

 
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