The companies who are successful in turning data into abovemarket growth will excel at. Download this document for comparative management at maastricht university for free and find more useful study materials for your courses. Pdf the granularity of growth download full pdf book. Parsing the growth advantage of emergingmarket companies. A new approach to changni g your growth trajectory ni a digita wl ordl growth budli s value. Mckinsey social initiative 3 generation seeks to close the skills gap for young people what is generation. The same logic should apply if divestments are needed to free up capital. Highproductivity tradable segments of services cannot absorb as much labor since they are typically skillintensive fire, business services low productivity nontradable services cannot act as growth poles since they cannot expand without turning their terms of trade against themselves continued expansion in one segment relies on expansion on others. Doc id organizational health in healthcare how to drive and sustain high levels of performance over time confidential and proprietary any use of this material without specific permission of. This model is similar in some respects to the wellestablished ansoff model. Wealth, poverty, and the threat to global stability lewis, william w.
These include operational skills, privileged assets, growth skills and. Average annual business sector growth is given at the top of each bar. Within each bar, the light grey portion represents the proportion of this growth driven by changes in productivity, while the dark grey portion represents the proportion of this growth driven by changes in hours. This excerpt from a new book presents five core beliefs to drive growth by becoming leaner and greener. Part of the explanation for the difference in performance is that scale increases an orga. The granularity of growth available for download and read online in other formats. Automation, employment, and productivity advances in robotics, artificial intelligence, and machine learning. Organizational health in healthcare how to drive and. Resource productivity should be a top priority for manufacturers. How do the best performers increase their revenues and shareholder returns at. Download pdf the granularity of growth book full free. Manufacturing growth through resource productivity mckinsey.
A case study of the application of the mckinsey 7s framework. The seemingly counterintuitive findings in the granularity of growth have important implications for management teams and the way they think about their companies resources, not least of all, how they allocate their own time, as well as which businesses and market segments they chose to compete in. This study investigates major drivers of manufacturing sector productivity growth of selected southern african development community sadc11. The granularity of medicaid mco growth 3 reached a cagr of 19%, and the companies increased total market share. Increase productivity to save global growth 02 february 2015 consultancy. Seven ways of achieving business growth, are summarized below. However, it looks at growth strategy from a slightly different perspective. Solving tools and management techniques of the worlds top strategic. In 2008, the authors of the granularity of growth, a book that discusses mckinsey s research on corporate growth, described how leaders can push through the tyranny of the average by using a detailed approach to understand and capture pockets of opportunity. Many multinational players, however, dont seem to be capturing that growth as well as their emergingmarket counterparts are. Wealth, poverty, and the threat to global stability. The power law dynamics that affect the overall economy and industries can generate staggering outcomes for individual companies. The mckinsey edge success principles from the worlds most powerful consulting firm shu hattori mc graw hill education new york chicago san francisco athens london madrid.
Organizational health in healthcare how to drive and sustain. Confidential the granularity of growth need for dynamics in strategy helsinki university finland june 5th, 2008 this report is solely for the use of client personnel. These include operational skills, privileged assets, growth skills and special relationships. Apr 06, 2015 the problem is that as mckinsey descends from the macroeconomic heavens to the temporal realm of japanese corporations, and, moreover, claims to discover within this realm the ills that plague. The basic rules of the game for creating and capturing economic. Whats more, corporate executives hold a consistently rosier view than business unit executives do. Firstly, market attractiveness replaces market growth as the dimension of industry attractiveness, and includes. Companies with highperforming sales departments consistently drive exceptional growth. A finegrained view of the sources of growth mckinsey. The granularity of growth mehrdad baghai, sven smit and patrick viguerie may 2007 read the article growth and innovation mckinsey special collection 3. In this interactive presentationone in a series of multimedia frameworkssteve coley, a director emeritus in mckinseys chicago office, describes the three.
The majority of the market growth has come from existing vaccines rather than new launches. He coleads mckinseys work on sales and channels globally. Of course not all of our work is about problem solving, but a large part is. In contrast, aggregate growth for the smaller mcos that yearthose not in the top 15was just 6% cagr. Mckinsey filetype pdf mckinsey filetype pdf mckinsey filetype pdf download. China energy demand perspective eia presentation july 2014. Everything in the test is based on real work that has been done by a mckinsey team. Im david hunter, an editor with mckinsey publishing. Classic strategy tool mckinseys three horizons of growth.
The mckinsey ge matrix overcomes a number of the disadvantages of the bcg box. Plotting the size of the biggest us bankruptcies from 2001 to 2008 by assets shows that the largest, lehman brothers, was twice the size of the second largest, washington mutual, which in turn was three times the size of the third largest, worldcom exhibit 3. The growth profiles of companies began to emerge when we broke down their growth into three main organic and inorganic elements that measure positive and negative growth. Read the granularity of growth online, read in mobile or kindle. The mckinsey model argues that businesses should develop their growth strategies based on.
The report is part of a broader ongoing mgi research effort on the topic of growth and renewal. All chr reports are available for free download, but may not be reposted, reproduced, or distributed without the express permission of the publisher. Portfolio momentum is the organic revenue growth that a company achieves through the market growth of the segments represented in its portfolio. Operational skills are the core competences that a business has which can provide the foundation for a growth strategy. The countries that comprise the g8 have been experiencing slow economic growth. If youve been wondering what mckinsey consultants do, now is your chance to find out. That came to light last year as part of ongoing research that began more than five years ago and was the foundation for the granularity of growth. Download the granularity of growth ebook free in pdf and epub format.
A typology of growth outcomes structural transformation slow rapid investment in fundamentals low 1 no growth 2 episodic growth high 3 slow growth. It will also argue that a finegrained knowledge of the drivers of the companys past and present growth, and of how these drivers perform relative to competitors, is a useful basis for developing growth strategies. A new survey of global manufacturing experts explores the progress companies have made in implementing industry 4. Plotting the size of the biggest us bankruptcies from 2001 to 2008 by assets shows that the largest, lehman brothers, was twice the size of the second largest, washington mutual, which in turn was three times the size of the third largest, worldcom. A range of practices tend to drive the best outcomes. For further information about mgi and to download reports, please visit. Mckinsey filetype pdf is a global management consulting firm that.
Mckinseys growth strategy aka fourth arrow for japan i. Today were going to talk about miningone of the most cyclical, most capital intensive, and to my mind, most fascinating of all industries. The mckinsey edge success principles from the worlds. A finegrained view of the sources of growth open interactive popup the authors of the granularity of growth explain why the best strategies begin with a precise understanding of market and product opportunities. On the other, global economic growth is slowing and competition is more intense. The problem is that as mckinsey descends from the macroeconomic heavens to the temporal realm of japanese corporations, and, moreover, claims to discover within this realm the ills that plague. Where manufacturers are finding value and how they can best capture it pdf641kb. Successful companies apply five basic strategies tested and proven around the world. The mckinsey general electric matrix is discussed in this study note. Hello and welcome to this edition of the mckinsey podcast. In short, the potential for designdriven growth is enormous in both product and. Growth can be achieved by looking at business opportunities along several dimensions, summarised in the diagram below. Almost half of the 100 largest companies on the stock exchange that.
The journey to revenue growth pps conference keynote speech october 2014 2. Buldyrev yeshiva university jakub growiec warsaw school of economics and core fabio pammolli university of florence and imt, institute for advanced studies massimo riccaboni university of florence h. Sometimes the data itself is so prized that companies offer free services in order to obtain. The granularity of growth 43 growth, as this article will explain. Matthias breunig is an associate principal in mckinseys hamburg office, richard kelly is a principal in the stamford office, robert mathis is a principal in the tokyo office, and dominik. Pdf manufacturing sector productivity growth drivers. Pdf the granularity of growth download ebook for free.
For further information about mgi and to download reports. A new model of value creation for the fmcg industry mckinsey. The sadc is an organisation that strives for regional. One common growth strategies is the mckinsey growth pyramid, which has similarities the wellestablished ansoff growth model, but deviates by looking at strategies of business growth using four distinct pillars. The two bestknown portfolio planning methods are the boston consulting group portfolio matrix and the mckinsey general electric matrix. Download the full report on which this article is based, industry 4. Matthias breunig, richard kelly, robert mathis, dominik wee. Thomas advises clients in industries including hightech, electronics, transportation, basic materials, telecommunications, and consumer goodswhere he helps them outline and drive largescale, topline growth programs.
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