Zarządzanie Firmą Archive

McKinsey: Women are more ambitious than ever

Posted in: Anti-equilibrium, Inkubator Menedżerów, Makroekonomia, Opinie, Raport z Rynku, Zarządzanie Firmą

By Emily Field, Alexis Krivkovich, Sandra Kügele, Nicole Robinson, and Lareina

Women are more ambitious than ever, and workplace flexibility is fueling them. Yet despite some hard-fought gains, women’s representation is not keeping pace. That’s according to the latest Women in the Workplace report from McKinsey, in partnership with LeanIn.Org.

This is the ninth year of the Women in the Workplace report. Conducted in partnership with LeanIn.Org, this effort is the largest study of women in corporate America and Canada. This year, we collected information from 276 participating organizations employing more than ten million people. At these organizations, we surveyed more than 27,000 employees and 270 senior HR leaders, who shared insights on their policies and practices. The report provides an intersectional look at the specific biases and barriers faced by Asian, Black, Latina, and LGBTQ+ women and women with disabilities.

This year’s research reveals some hard-fought gains at the top, with women’s representation in the C-suite at the highest it has ever been. However, with lagging progress in the middle of the pipeline—and a persistent underrepresentation of women of color¹—true parity remains painfully out of reach.

The survey debunks four myths about women’s workplace experiences and career advancement. A few of these myths cover old ground, but given the notable lack of progress, they warrant repeating. These include women’s career ambitions, the greatest barrier to their ascent to senior leadership, the effect and extent of microaggressions in the workplace, and women’s appetite for flexible work. We hope highlighting these myths will help companies find a path forward that casts aside outdated thinking once and for all and accelerates progress for women.

The rest of this article summarizes the main findings from the Women in the Workplace 2023 report and provides clear solutions that organizations can implement to make meaningful progress toward gender equality.

State of the pipeline

Over the past nine years, women—and especially women of color—have remained underrepresented across the corporate pipeline (Exhibit 1). However, we see a growing bright spot in senior leadership. Since 2015, the number of women in the C-suite has increased from 17 to 28 percent, and the representation of women at the vice president and senior vice president levels has also improved signiﬁcantly.

Four myths about the state of women at work

This year’s survey reveals the truth about four common myths related to women in the workplace.

Myth: Women are becoming less ambitious
Reality: Women are more ambitious than before the pandemic—and flexibility is fueling that ambition

Myth: The biggest barrier to women’s advancement is the ‘glass ceiling’
Reality: The ‘broken rung’ is the greatest obstacle women face on the path to senior leadership

Myth: Microaggressions have a ‘micro’ impact
Reality: Microaggressions have a large and lasting impact on women

Myth: It’s mostly women who want—and benefit from—flexible work
Reality: Men and women see flexibility as a ‘top 3’ employee benefit and critical to their company’s success

More: McKinsey Report: Women in the Workplace Full Report (52 pages)

ATINER: “Artificial Intelligence and Labor Market Effects”

Posted in: Anti-equilibrium, Innovation, Makroekonomia, Nowe Technologie, Zarządzanie Firmą

Inspired by a paper recently released by the Macdonald-Laurier Institute (20230831_Artificial-Intelligence-Cross_PAPER.pdf (macdonaldlaurier.ca), ATINER would like to organize a roundtable discussion on “Artificial Intelligence and Labor Market Effects“. This roundtable discussion will be organized by ATINER’s Business, Economics and Law Division (www.atiner.gr/blrd) (Director: Dr. Michael P. Malloy, Distinguished Professor & Scholar, University of the Pacific, USA) as part of the 17^th Annual International Conference on Global Studies: Business, Economic, Political, Social and Cultural Aspects (18-21 December 2023), Athens, Greece (www.atiner.gr/cbc).

Dr. Gregory T. Papanikos, President, Athens Institute for Education and Research (ATINER)

Artificial intelligence (AI) is emerging as the most discussed technological, social, and economic phenomenon of 2023. But many people are concerned that if it proves to be an improvement over human intelligence, AI will significantly reduce the demand for labour, especially for middle-class jobs.

This paper looks at the possible economic impacts of AI. It makes no attempt to forecast how AI will evolve and does not address broader concerns about whether
the capabilities of AI will outrun the ability of humans to understand and manage this technology. Rather, it examines the economic impact of AI so far and compares its evolution with past forecasts of how technological change would affect workers. It cautions against a rush to increase government regulations and spending based on as yet unfounded concerns about the impact of AI on jobs.

Machine automation has been feared for its impact on human jobs since the Industrial Revolution began. Earlier eras of automation disrupted employment patterns in farming and factories, but overall job growth actually accelerated as higher incomes drove the expansion of other industries. Despite that experience, there are numerous forecasts that the deployment of AI will lead to widespread job losses.

Compounding the anxiety of potential job losses is the fear that AI will displace middle-class jobs and that the rewards from the widespread deployment of AI will accrue to a small number of people who own the capital and will thereby increase inequality.

The reality is that recent developments in the labour market are the exact opposite of these gloomy predictions. Employment rates are at an all-time high. The main difficulty of employers is finding workers in a labour market where unemployment is near historic lows. While AI technology was predicted to be a unique threat to white collar jobs, white collar employment in Canada, the US, and Britain continues to increase steadily. This raises the possibility that AI will be deployed to help workers do their jobs better – not to get rid of employees.

More: Philip Cross, “Artificial Intelligence”

Atiner Conferences

Organizations today face ten significant shifts. Here’s what to do about them

Posted in: Anti-equilibrium, Branże, Firmy, Informatyka w Firmie, Nowe Technologie, Zarządzanie Finansowe, Zarządzanie Firmą

Organizations today face ten significant shifts. Here’s what to do about them.

DOWNLOADS

Special Report

The State of Organizations 2023

Business leaders around the world are currently addressing not only economic volatility, geopolitical instability, and the lingering effects of the COVID-19 pandemic but also a range of organizational shifts that have significant implications for structures, processes, and people. The shifts include complex questions about how to organize for speed to shore up resilience, find the right balance between in-person and remote work models, address employees’ declining mental health,¹ and build new institutional capabilities at a time of rapid technological change, among others.

To help CEOs and their leadership teams consider such questions, we have launched McKinsey’s The State of Organizations 2023 report. The report is an account of an ongoing research initiative that seeks both to pinpoint the most important shifts that organizations are grappling with and to provide some ideas and suggestions about how to approach them.

As part of the research, we conducted a survey of more than 2,500 business leaders around the world.² Only half say their organizations are well prepared to anticipate and react to external shocks, and two-thirds see their organizations as overly complex and inefficient. We also spoke with business leaders to gather inspiring stories and best practices from beacons—organizations that have been able to adapt to recent economic and operational disruptions and forge new paths. Finally, we developed four points to consider in addressing the ten organizational shifts, leveraging the survey results, the quantitative research with executives, and insights from our work in the field and through existing McKinsey research.

The ten most significant shifts facing organizations today

Through the State of Organizations Survey, conversations with CEOs and their teams, and the findings of recent McKinsey research, we have identified ten of the most important organizational shifts that businesses need to address today. These shifts are both challenging and harbingers of opportunity, depending on how organizations address them.

1. Increasing speed, strengthening resilience.

2. ‘True hybrid’: The new balance of in-person and remote work.

3. Making way for applied AI

More: Full Report (92 pages)

Authors: Patrick Guggenberger, Dana Maor, Michael Park, and Patrick Simon

BCG – Most Innovative Companies 2023

Posted in: CRM, Innovation, Logistyka, Makroekonomia, Marketing, Raport z Rynku, Zarządzanie Firmą

For the third straight year, the evidence is mounting: companies that both prioritize innovation and make sure that they are ready to act are widening the gap over less capable competitors. The leaders at these firms are consistently delivering new products, entering new
markets, and establishing new revenue streams. The laggards struggle to make headway beyond incremental improvements.

This year, the findings from our global innovation survey dovetail with other new BCG research showing that companies
built for the future share a common set of attributes that enable them to exhibit superior performance, be more resilient to shocks and disruptions, and exploit innovation faster for value-creating growth. In addition to people and technology capabilities (including, importantly, AI), one of these attributes is an innovation-driven culture.

In this year’s Most Innovative Companies report, we examine what innovation-ready leaders (those that are ready to develop product, process, and business model innovations that can deliver sustainable impact) are doing to pull ahead and how innovation is building their resilience to economic uncertainty and fueling their pursuit of lower emissions. In “A Downturn Ups the Stakes in Innovation,” we explore how a potential downturn in 2023 is evoking a much different response than did the 2009 financial crisis, especially among leading firms. In “How Early Winners Are Unlocking AI’s Potential,” we dig into the critical role of artificial intelligence (AI) in innovation as in many other areas of business today.

More: BCG Publications 2023

Innovation has never been more important—and leading innovators are showing why. The top 50 companies in the 2023 Most Innovative Companies report outperform the MSCI World Index on shareholder return by 3.3 percentage points per year.

How Leaders Are Demonstrating the Advantages of Innovation

In this year’s Most Innovative Companies report, we examine what innovation-ready leaders (those that are ready to develop product, process, and business model innovations that can deliver sustainable impact) are doing to pull ahead. We also discuss the importance of innovation in terms of how it helps leaders build their resilience to economic uncertainty.

Download the 2023 Most Innovative Companies report

The Formula for Innovation from Leading Companies

Leaders are consistently delivering new products, entering new markets, and establishing new revenue streams, while laggards struggle to make headway beyond incremental improvements.

Read chapter one

Explore the interactive rankings

A Downturn Ups the Stakes in Innovation

Times have changed. During the 2009 downturn, only 58% of companies planned to increase spending and almost 15% expected to cut innovation investment. Today, a growing number of companies are beginning to recognize the advantages of innovation, with 79% ranking it among their top three priorities (15 points more than in 2009) and 66% planning to increase spending (42% by more than 10%).

Read chapter two

How Early Winners Are Unlocking AI’s Potentials

The question is not whether AI can have an impact, but rather if companies are using AI properly and for use cases with the potential to drive real business value.

Read chapter three

Building Resilience and Advantage Through Innovation

Once again, we see the most innovative companies producing greater shareholder returns and building resilience and advantage through innovation. BCG’s 2023 global survey highlights the advantages of innovation and how leaders are outpacing others by using tools whose importance is climbing fast, such as M&A, portfolio planning, and AI.

Our 2023 survey found a near-record high level of innovation importance: 79% of companies ranked innovation among their top three priorities, up from 75% in 2022, and more than 40% expect to significantly increase spending this year, a jump of 16 percentage points over the last economic downturn in 2009.

But there is also an emerging group of companies that is going much further and putting innovation front and center in their future growth strategies. While all companies on average expect to allocate more money toward incremental innovations close to the core, this small group of innovation-ready companies is allocating fully one-third of spending toward developing breakthrough innovations.

These companies use a wide array of strategic tools to strengthen their innovation platforms and practices and are much more aggressive in their use of M&A, targeting innovative technologies or processes, or acquiring leaders and employees with a demonstrated ability to innovate. They also are more likely to orchestrate or participate in ecosystems, engaging with external partners—and even competitors—on innovations. They drive digital innovation with a clear bias toward new digital products, agile teaming, and improving customer and marketing insights. They leverage the power of innovation in AI, and regularly review the performance of innovation units or vehicles and shift resources toward centers of success. They understand that effective portfolio governance and management, especially with respect to data transparency, are key to driving impact.

Explore 17 years of the 50 most innovative companies

Authors: By Justin Manly, Michael Ringel, Amy MacDougall, Will Cornock, Johann D. Harnoss, Konstantinos Apostolatos, Ramón Baeza, Ryoji Kimura, Michael Ward, Beth Viner, Jean-Manuel Izaret, Wendi Backler, Vladimir Lukic, Sylvain Duranton, and Romain de Laubier

Athens Institute for Education and Research Newsletter No. 20, April 2023

Posted in: Anti-equilibrium, Felietony, Menedżerowie, Nobliści, Opinie, Prawo, Raport z Rynku, Zarządzanie Firmą

Athens Institute for Education and Research
Newsletter No. 20, April 2023

From 1 to 4 May ATINER successfully organized its Annual academic meetings (Sociology, Business Law & Economics, Ethics, Health & Medical Sciences, Nursing and Pharmaceutical conferences) in 9 Chalkokonidli str., Athens, Greece.
On Monday 1 May 2023, 18:00-20:30, a Round-Table Discussion on “The Post Pandemic World: Learning from Country Experiences was organized as part of the conferences. More information can be found at: https://www.atiner.gr/events/1May2023.pdf
On Monday 8 May 2023, 14:00-15:00, ATINER is organizing a Round-Table Discussion on “ Challenges for Mass Media and Communication: How to Cover Wars, Pandemics and Sports”. More information can be found at: https://www.atiner.gr/events/8May2023.pdf
On Tuesday 9 May 2023, 12:30-14:30, ATINER is organizing a Round-Table Discussion on “The Turkish Elections of 2023: National and International Facets”. More information can be found at: https://www.atiner.gr/events/9May2023.pdf
On Monday 15 May 2023, 18:00-20:00, ATINER is organizing a Round-Table Discussion on “ Teaching and Researching in the Post Pandemic World: Learning from Country Experiences”. More information can be found at: https://www.atiner.gr/events/15May2023.pdf

Publications Uploaded This Month

Athens Journal of Mediterranean Studies – Volume 9, Issue 2, April 2023
Athens Journal of Sports – Volume 10, Issue 2, June 2023
2 papers have been uploaded in ATINER’s Presentation Series available at: www.atiner.gr/present

Events with a May Deadline

26-29 June 2023

21st Annual International Conference on Management
Academic Member Responsible for the Conference:
Dr. Sharon Claire Bolton, Vice President of Research and Head, Management Unit, ATINER & Emeritus Professor, The Management School, University of Stirling, Scotland.
21st Annual International Conference on Marketing
Academic Member Responsible for the Conference:
Dr. Cleopatra Veloutsou, Head, Marketing Unit, ATINER & Professor of Brand Management, University of Glasgow.
18th Annual International Symposium on Economic Theory, Policy & Application
Academic Members Responsible for the Conference:
Dr. Gregory T. Papanikos, President, ATINER.
Dr. Christos Sakellariou, Vice President of Finance, ATINER & Associate Professor of Economics, Nanyang Technological University, Singapore.
Dr. Henry Thompson, Head, Economics Unit, ATINER & Emeritus Professor, Auburn University, USA.
17th Annual International Conference on Statistics: Teaching, Theory & Applications
Academic Member Responsible for the Conference:
Dr. Timothy M. Young, Director, Center for Data Science (CDS), Emeritus Professor, The University of Tennessee, USA & CEO and President, T.M. Young Institute, LLC, USA.
17th Annual International Conference on Mathematics: Teaching, Theory & Applications
Academic Member Responsible for the Conference:
Dr. Codruta Simona Stoica, Head, Mathematics & Statistics Unit & Professor and Vice-Rector, Aurel Vlaicu University of Arad, Romania.

Abstract Deadline: 16 May 2023

3-6 July 2023

21^st Annual International Conference on Finance
Academic Member Responsible for the Conference:
Dr. Peter Koveos, Head, Finance Unit, ATINER & Professor of Finance, Syracuse University, USA.
21^st Annual International Conference on Accounting
Academic Members Responsible for the Conference:
Dr. Nicholas Marudas, Head, Accounting Unit, ATINER & Associate Professor, Mercer University, USA.
Dr. Peter Koveos, Head, Finance Unit, ATINER & Professor of Finance, Syracuse University, USA.
16^th Annual International Conference on Languages & Linguistics
Academic Member Responsible for the Conference:
Dr. Valia Spiliotopoulos, Head, Languages & Linguistics Unit, ATINER & Instructor, Department of Language and Literacy Education, The University of British Columbia, Canada.
13^th Annual International Conference on Architecture
Academic Members Responsible for the Conference:
Dr. Nicholas N. Patricios, Vice President of Strategic Planning & Analysis, ATINER, Dean Emeritus & Professor, School of Architecture, University of Miami, USA.
Dr. Clara Germana Gonçalves, Head, Architecture Unit, ATINER & Researcher, CITAD (Centro de Investigação em Território, Arquitectura e Design), Lusíada University and Invited Assistant Professor, Lisbon School of Architecture, University of Lisbon, Portugal.
7^th Annual International Symposium on “Higher Education in a Global World”
Academic Members Responsible for the Conference:
Dr. Nick Linardopoulos, Head, Education Unit, ATINER & Associate Teaching Professor & Public Speaking Course Coordinator, Rutgers University, USA.
Dr. John Spiridakis, Co-Editor, Athens Journal of Education & Interim Chair and Professor, St. John University, USA.

Abstract Deadline: 23 May 2023

10-13 July 2023

20^th Annual International Conference on Law
Academic Member Responsible for the Conference:
Dr. David A. Frenkel, LL.D., Adv., FRSPH(UK), Head, Law Research Unit, ATINER & Emeritus Professor, Law Area, Guilford Glazer Faculty of Business and Management, Ben-Gurion University of the Negev, Beer-Sheva, Israel.
18^th Annual International Symposium on Environment
Academic Member Responsible for the Conference:
Dr. Nadhir Al-Ansari, Head, Environment Unit, ATINER & Professor, Lulea University of Technology, Sweden.
11^th Annual International Conference on Ecology, Ecosystems and Climate Change
Academic Member Responsible for the Conference:
Dr. Timothy M. Young, Head, Agriculture Unit, ATINER, Emeritus Professor, The University of Tennessee, USA & CEO and President, T.M. Young Institute, LLC, USA.
11^th Annual International Forum on Water
Academic Member Responsible for the Conference:
Dr. Timothy M. Young, Director, Center for Data Science (CDS), Emeritus Professor, The University of Tennessee, USA & CEO and President, T.M. Young Institute, LLC, USA.
10^thAnnual International Conference on Geology and Earth Science
Academic Member Responsible for the Conference:
Dr. Haiduke Sarafian, Head, Natural Sciences Unit, ATINER & Professor of Physics and Endowed Chair of John T. and Paige S. Smith Professor of Science, Pennsylvania State University, USA.
7^th Annual International Symposium on Animal Science & Zoology
Academic Member Responsible for the Conference:
Dr. Timothy M. Young, Head, Agriculture Unit, ATINER, Emeritus Professor, The University of Tennessee, USA & CEO and President, T.M. Young Institute, LLC, USA.

Abstract Deadline: 30 May 2023