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Typecasting can lead to murky decision making. How can leaders combat it?
On Point
Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
— Edited by Belinda Yu, editor, Atlanta
Now available to McKinsey.com subscribers: a new, immersive digital edition of McKinsey Quarterly. Sign up for a free membership to start reading today.
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by "McKinsey On Point" <publishing@email.mckinsey.com> - 10:06 - 6 Apr 2023 -
Oops! 😳 Updated link: Your Guide to Cloud-First Success - The Ultimate Log Management eBook
Sumo Logic
This is awkward, we sent you a bad link, but now it's fixed. Check it out below.Log management and analytics: Spend more time innovating and less time troubleshooting.
Transformative growth is the promise of the cloud. Are your teams fully realizing the power of log management and analytics to drive reliability, security, and business insights?
Read our Ultimate Guide - Why log management is essential to the success of cloud-first companies and learn the best practices, benefits, and key features and functionality to look for in a modern logging solution.
Learn more about Sumo Logic. The infinite power of log analytics.Sumo Logic, Level 9, 64 York Street, Sydney, NSW 2000
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by "Sumo Logic" <marketing-info@sumologic.com> - 11:23 - 6 Apr 2023 -
Can just one person change the working world?
Can just one person change the working world?
April
2023
One person can make a big difference at work.
Remote work is for everyone — that means you, right now, in your current role!
That's right: You can enjoy the benefits of remote work while continuing to work for your current company. Get better benefits, more freedom, and more flexibility by nominating your own company to start using Remote today.
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Introducing On Work
Subscribe to our new free newsletter, designed to help you thrive in your careers. Get inspiring stories, tips, and tricks in your inbox, every month.
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Sync employee expenses with the Remote API 🚀
We’re excited to announce our newest capabilities in the Remote API that allow you to connect Remote to the HR tools you already use. With the new expense endpoints, you can sync your employee expenses to your favorite finance platform, ensuring you’re always up to date with expenses and reimbursements.
Marketplace partners you can trust
Have you checked out the latest discounts for Remote customers from Cake Equity, Checkr, PayFit UK, Pleo, Seatti, Slite, and TeamOut? These are just a few of the new partners in our marketplace focused on helping you grow your global business.
Welcoming our newest talent and recruitment partner
We're excited to welcome Index.dev to our growing roster of talent and recruitment partners. Reach out to us if you want to learn more about joining our Talent Marketplace or to collaborate with one of our amazing partners!
Calling all HR Consultants
Be the trusted advisor your growing customers need. Join our referral partner program to augment your services with global employment solutions your clients need to scale and take advantage of special discounts for your customers.
The employer's guide to managing digital nomads
What does employing digital nomads look like from the company’s perspective, and why would a company choose to do so?
How to build a remote work mental health program
This guide will help you understand the mental health issues that affect remote workers, the tools available to help your team with their mental health, and how your organization can build an inclusive environment that supports the mental health of your team.
International equity, tax and compliance
Expanding your team into new markets can supercharge your business, but managing equity across borders means new financial and operational roadblocks. So how can you set up equity processes that scale while minimizing tax and compliance headaches? Listen in as experts from Remote, Osborne Clarke, and Ledgy share everything you need to know now!
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German webinar: US tech layoffs and the IT talent shortage in DACH
150,000 layoffs occurred in the US tech industry in 2022, while 137,000 IT professionals are missing in Germany. How does that fit together? What opportunities arise? What can companies do? We will discuss this and more with industry experts on April 27th.
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by "Remote" <hello@remote-comms.com> - 11:02 - 6 Apr 2023 -
Register Now | Be future ready with Adobe Creative Cloud
Adobe
Be future ready with Adobe Creative Cloud
Are things moving too quickly? Curious to know what the future holds? With the right tools and processes, you can scale successfully, stay relevant and capture latest opportunities.
On 20th April 2023, catch our Be future ready with Adobe Creative Cloud live webinar to hear how Creative Cloud for teams can support your creative process and help your organization:- Maintain brand consistency and quality as your workload grows
- Solve disjointed operations and communication by improving collaboration within your creative team and business stakeholders
- Simplify administration of creative software and resources and take control of your team’s assets
- Leverage the power of AI
Be future ready with Adobe Creative Cloud webinar
27 April 2023
1100-1200 SGT, GMT+8Creativity for all.
by "Adobe Creative Cloud for Business" <demand@info.adobe.com> - 12:31 - 6 Apr 2023 -
Why is the worldwide food crisis deepening?
On Point
Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
• Risks to global breadbaskets. Disruptions to the world’s food system—such as climate change—are deepening the global food crisis. The world’s breadbaskets are at serious risk. Just five countries (China, the US, India, Brazil, and Argentina) produce 60% of the world’s food, reveal McKinsey Global Institute director Jonathan Woetzel and coauthors. Even within these countries, food production is highly concentrated in a few regions. Extreme weather events in those regions could affect a large portion of global production.
• Food loss. Each year, an estimated $600 billion in food loss happens at or near the farm during or just after harvest. The loss of the food itself is bad enough, but the secondary effects are alarming, as well: the water consumption linked to food loss and waste amounts to approximately one-fourth of the world’s freshwater supply, according to McKinsey senior partner Clarisse Magnin-Mallez and coauthors. Learn more about the global food crisis and what grocery retailers and consumers can do to prevent a worsening scenario.
— Edited by Belinda Yu, editor, Atlanta
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by "McKinsey On Point" <publishing@email.mckinsey.com> - 12:26 - 6 Apr 2023 -
Building Better APIs, Together
SmartBear
Hi there,
Welcome to SmartBear’s new API newsletter!
Every month, we will get in touch with insightful articles around API and software development trends, thought leadership, and the latest updates and tips and tricks to get the most out of SmartBear’s tools.
Let's dive in!
Hot Off the Press
New FREE API Tool - Explore APIs, Develop FasterIt is our goal to provide you with practical tools to build faster, quality software. That’s why we created SwaggerHub Explore, our new free API exploration tool, to instantly analyze API data received from a request to easily evaluate the API value all in one place.
To learn more visit:
- StackOverflow's podcast with SmartBear API Evangelist, Frank Kilcommins to dive into the growing challenges of API visibility and how to outsmart the invisibility trap with the right development strategies and tools
- Our webinar on how to dive into API behavior and integrate faster
- Episode 1 of What's New to Explore and find out how to work with local APIs using agents
API Innovative InsightsBecome an expert on the latest updates and trends- In a recent article with The AI Journal, Frank Kilcommins, API Technical Evangelist at SmartBear, discusses the progression of AI and why teams should be more critical than ever of API quality
- Find out Why API-First Will Lead Digital Transformation in 2023
- Read our eBook on Best Practices for API Mocking
Want to Learn More?Check out what else is happening at SmartBear- Want to learn more about our 2023 State of Software Quality for APIs? Register here for our upcoming webinar in May!
- Test Smart, Sleep Better With Design-First API Contract Testing: A Real-Life Scenario
- Scale. Update. Deploy: Boost Collaboration in Event-Driven Architecture with Development and QA Teams
We want to hear from you!! Participate in a research study to help us learn more about how our customers work with APIs. Complete this brief survey and indicate your availability for a virtual meeting with our UX team.
Best,
The API Lifecycle Team
P.S. If you found this email helpful, forward it to a friend! If you have ideas of how we can improve next month’s newsletter, reply back to let us know.
by "The API Lifecycle Team" <api-lifecycle-team@smartbearmail.com> - 12:37 - 5 Apr 2023 -
The space economy is growing. Do you have a strategy?
On Point
Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
• Investing in space. The cost to access space long proved prohibitive, undermining commercial-business cases. But recently, launch costs have fallen 95%, and satellites are becoming smaller and less expensive. At the same time, private companies, especially new space start-ups, are substantially upping their investment in the space economy, explain McKinsey global managing partner Bob Sternfels and coauthors. Private-sector funding in space-related companies topped $10 billion in 2021, close to a tenfold increase over the prior decade.
— Edited by Belinda Yu, editor, Atlanta
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by "McKinsey On Point" <publishing@email.mckinsey.com> - 12:13 - 5 Apr 2023 -
Better Log Analytics - On-Demand Webinar
Sumo Logic
Log analytics: less confusion, more conclusions.
Organizations today rely on key applications running on complex multi-cloud environments to transact business and work. A sound log management practice with insightful analytics not only helps ensure those applications are reliable and secure, but it can reduce the “cognitive load” put on engineers by empowering them with efficient troubleshooting in order to resolve and rescue MTTR.
In this on-demand webinar Manas Sharma, product manager, Mike Baldani, product marketing manager at Sumo Logic, and Rachel Stephens, Industry Analyst at RedMonk, will discuss:
Learn more about Sumo Logic. The infinite power of log analytics.- The challenges of managing huge volumes of siloed log data.
- Best practices to get accurate log analytics for fast troubleshooting and issue resolution.
- How Sumo Logic’s platform empowers engineers to keep applications reliable and secure with less toil.
Sumo Logic, Level 9, 64 York Street, Sydney, NSW 2000
© 2023 Sumo Logic, All rights reserved.Unsubscribe
by "Sumo Logic" <marketing-info@sumologic.com> - 11:08 - 4 Apr 2023 -
An advanced video telematics software that works with any industry
An advanced video telematics software that works with any industry
See how video telematics software is improving safety and efficiency for companies everywhere.
Use cases across industries
Cash Carry Vans Management
Cash carry vans are vehicles that transport cash, valuables, and other sensitive items. These vehicles are vulnerable to theft and robbery, making it essential to ensure their security during transit. Video telematics software can be used to monitor these vehicles and enhance security.
School Bus Management
Video telematics software enhances school bus management by providing real-time monitoring, alerts, and insights into driver behavior and road conditions. It helps track school bus fleets, optimize routes, and ensure student safety.
Freight Transportation
Freight transportation is crucial to the global economy but faces challenges such as safety, fuel efficiency, and timely delivery. Video telematics software can provide solutions by offering real-time data and analytics on fleet performance for trucks and commercial vehicles.
Discuss your use-case to get your business growing
Other features you can explore
Uffizio Technologies Pvt. Ltd., 4th Floor, Metropolis, Opp. S.T Workshop, Valsad, Gujarat, 396001, India
by "Sunny Thakur" <sunny.thakur@uffizio.com> - 12:30 - 4 Apr 2023 -
San Francisco’s homelessness crisis feels intractable. How can leaders turn the tide?
On Point
Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
• An accelerating crisis. California is on track to become the fourth-largest economy in the world. However, it also hosts half of the unsheltered homeless population in the US, with a significant share in the San Francisco Bay Area. There, homelessness is the result of decades of systemic issues—such as historical redlining, reductions in affordable housing, and high housing costs—that have compounded and accelerated the crisis, assert McKinsey senior partner Alexis Krivkovich and coauthors.
— Edited by Belinda Yu, editor, Atlanta
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by "McKinsey On Point" <publishing@email.mckinsey.com> - 12:24 - 4 Apr 2023 -
Hi Md Abul, take a look under the hood of Adobe Commerce
Adobe
EXPERIENCE MAKERS
COMMERCE WEBINAR SERIES
Adobe Commerce Demo Webinar
Thursday 6 April 2023
2:30pm AEST | 12:30pm SGT | 10:00am ISTJoin us this week for a tour of Adobe Commerce! This is an exclusive opportunity to preview the sophisticated tools and features of Adobe Commerce that make it right for you, no matter where you are in your commerce journey.
We’ll show you how it looks to B2B and B2C customers, as well as how it all works behind the scenes.
We also cover:- The newest and greatest in the 2.4.5 release
- How AI makes product recommendations a breeze
- B2B, D2C, and B2C features
- Different tech architectures to fit all business models
Date: Thursday 6 April 2023
Time: 2:30pm AEST | 12:30pm SGT | 10:00am ISTBest Regards,
The team at Adobe Commerce
Make the digital economy personal
Adobe and the Adobe logo are either registered trademarks or trademarks of Adobe in the United States and/or other countries. All other trademarks are the property of their respective owners.
by "Adobe" <demand@info.adobe.com> - 11:05 - 3 Apr 2023 -
Succeeding by design: A leader’s guide
Harmony Internal - McKinsey
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Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
Most of us celebrate and enjoy creativity of any kind, whether it’s in the form of a tastefully designed product or a striking piece of art. McKinsey research shows a strong correlation between creativity in business and superior financial performance. But given that creativity isn’t a quantifiable metric, how can leaders harness it to spur business growth? Design thinking—a dynamic, intuitive approach to problem solving—may be the answer. Although this approach has been around for decades, it is making a resurgence as it is especially suited to operating in today’s uncertain and volatile economic environment. This week, we explore how organizations based on design-thinking principles can deliver outstanding results.
The word “design” connotes the way something looks, but design thinking goes much deeper than that. The McKinsey Design Index reveals a strong relationship between good design and exceptional business performance in both product- and service-based sectors—if the design mindset permeates all aspects of the organization, including the executive suite. “The companies with the best financial returns have combined design and business leadership through a bold, design-centric vision clearly embedded in the deliberations of their top teams,” say the authors of this McKinsey Quarterly article. That means breaking the stereotype of designers as isolated mavericks. Our research shows that organizational integration is the hallmark of successful design departments, whose leaders work with senior management to embed designers into cross-functional teams and give them the training and tools needed to collaborate and lead effectively.
That’s the number of best practices in design that correlate with improved financial performance. Conducting both qualitative and quantitative customer research, prototyping frequently, and creating rigorous metrics are among the actions on the list. For successful design-led companies, “design is more than a feeling,” note McKinsey partner Benedict Sheppard and colleagues. “They measure and manage design as rigorously as they do cost, quality, and time. Design strength is a C-level metric, and the head of design stands shoulder to shoulder with the heads of sales, operations, and finance.”
That’s McKinsey digital partner Jennifer Kilian in this podcast on how design can provide a unique competitive advantage. “Culture is extremely important to the success of a design-thinking-led organization,” she says, citing four factors that contribute to this culture: an in-depth understanding of customers, empathy with the people for whom the organization is designing, teams that collaborate on design in real time, and taking swift action. The objective is to cultivate “that learn-test-learn thinking that brings things to market that are more successful and refines faster over time,” says Kilian.
“Sometimes, questioning the tropes which have been handed down leads to something a bit more interesting,” says cartoonist and illustrator Tom Gauld in this interview with McKinsey’s Raju Narisetti. He’s talking about his first-time venture into writing a picture book for children, but he might well be describing the design-thinking process, where ideas undergo a rapid series of iterations, evaluations, and improvements before they are realized. Gauld drew upon a rich assortment of sources—such as old fairy-tale tropes, his daughters’ storytelling rituals, and a wealth of writing and illustration styles—to develop his modern bedtime story. And the process didn’t end there, he says: “Even in this short, one-night, one-evening story, there’s a feeling of bigness, of a fairy-tale world where there’s not just this one story going on, but there’s magic everywhere and there are possibilities.”
Like any other business model, design thinking has limitations. For one thing, it “needs strong leadership to bring together a diverse range of stakeholders,” caution McKinsey partner Ankur Agrawal and coauthors in this article. You’ll need considerable skill and stamina to persuade teams from purchasing, manufacturing, R&D, marketing and sales, finance, and design to work together to develop and implement ideas. It’s also important to ensure that everyone in the organization concurs on design-thinking principles: for example, typical managerial thinking tends to hold failure as something to avoid, whereas design thinking welcomes failure as a chance to learn.
Lead by design.
— Edited by Rama Ramaswami, senior editor, New York
After nearly 60 years as a print magazine sent mostly to McKinsey’s clients, the McKinsey Quarterly is going digital—and bringing its groundbreaking management and leadership insights to you, a valued McKinsey.com subscriber. Sign up for a free membership to start reading.
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by "McKinsey Leading Off" <publishing@email.mckinsey.com> - 02:21 - 3 Apr 2023 -
Cloud computing is more than just data storage. Here’s how to maximize its potential.
On Point
Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
• Finding value quickly. The dash to digital in recent years has proven the power of cloud computing across a wide range of industries. Many organizations are using the cloud-computing model to create value more quickly. For instance, a biotech company harnessed cloud computing to deliver the first clinical batch of a COVID-19-vaccine candidate for Phase I trials in just 42 days, explain McKinsey senior partner Kate Smaje and coauthors. Customization opportunities in the cloud, including individualized applications and analytics, mean that companies of any size can tailor the infrastructure to their needs.
— Edited by Gwyn Herbein, editor, Atlanta
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by "McKinsey On Point" <publishing@email.mckinsey.com> - 12:17 - 3 Apr 2023 -
Top ten reports this quarter
McKinsey&Company
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Our top ten reports this quarter look at labor productivity growth in the US, the future of autonomous driving, and more. At No. 1 is Performance through people: Transforming human capital into competitive advantage, which features analysis from authors including Anu Madgavkar, Bill Schaninger, Dana Maor, Olivia White, Sven Smit, Hamid Samandari, and Jonathan Woetzel on 1,800 large companies across sectors in 15 countries. Read on for our full top ten.
After recording a widely positive performance in 2021, the sporting-goods industry has seen multiple challenges in the past year, including the threat of global recession, war in Europe, continued supply chain challenges, and rapidly rising interest rates—all contributing to a world in disarray. Resilience will be key to tackling the highly uncertain environment and preparing for the next wave of growth. Deliver on promises
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by "McKinsey Top Ten" <publishing@email.mckinsey.com> - 06:27 - 2 Apr 2023 -
Feeling uncomfortable? IBM’s Ginni Rometty says it could be a chance to grow
Readers & Leaders
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THIS MONTH'S PAGE-TURNERS ON BUSINESS AND BEYOND
If you’re leaning toward playing it safe, think again. In this edition of Readers & Leaders, hear Ginni Rometty recount how she grew through uncertainty on the road to the IBM C-suite, heed Financial Times chief commentator Martin Wolf’s warning for the state of democratic capitalism, and more. Catch up on new conversations from Author Talks, plus this month’s top bestselling business books, prepared exclusively for McKinsey by Circana. Itching for more? Preorder Power to the Middle: Why Managers Hold the Keys to the Future of Work by McKinsey partners Emily Field and Bryan Hancock and senior partner Bill Schaninger.
Visit McKinsey on Books for the latest, and to get Readers & Leaders in your inbox monthly, click here to subscribe.IT BEARS REPEATING
“My growth and comfort [could] never coexist. I think if you shut your eyes and think about when you learned the most in life, it’ll be at times when you were in risky or uncertain situations. That crystallization made it much easier for me to take on risky changes in different jobs that were really difficult. I realized that when I put myself in those circumstances, even though it didn’t feel right on the inside, I learned a lot … It’s okay to be uncomfortable on the inside.”
— Former IBM chairman and CEO Ginni Rometty in a recent edition of Author Talks.IN CASE YOU MISSED IT
Leadership coach Sally Helgesen shares specific techniques for building an inclusive culture: “This is very important. A way of demonstrating inclusion is, when an unfamiliar name crops up, ask the person, and ask them once, ‘How do you pronounce your name?’ Write it down, rehearse it if necessary, and then don’t get it wrong. It’s very important communication behavior that can be really helpful.” Watch the full interview.
Business psychologist Tomas Chamorro-Premuzic is asking you to break routine: “If we think of humanity as the model that algorithms and artificial intelligence try to imitate, we’ve diluted ourselves to create a model of humanity that is too simple. Artificial intelligence has already managed to do most of the things we do…. That is the ask at the end of the book: to reclaim our humanity and find ways to be more than what AI thinks we are and more than what the algorithms can predict in our everyday life.” Watch the full interview.
The Financial Times’s Martin Wolf details a plan for rescuing democratic capitalism from crisis: “If you think about what we need to do to make democratic capitalism work better…. The aims are to restore growth as best as we can, and for that growth to be reasonably broad in terms of its impact. It needs to generate opportunities for most people. It needs to protect people through the most extreme vicissitudes of life.” Watch the full interview.LOOKING AHEAD
BUSINESS BESTSELLERS TOP
8
BUSINESS OVERALL
BUSINESS HARDCOVER
DECISION MAKING
ECONOMICS
ORGANIZATIONAL BEHAVIOR
WORKPLACE CULTURE
DIVERSITY & INCLUSION
SUSTAINABILITY
BOOKMARK THIS
If you’d like to propose a book or author for #McKAuthorTalks, please email us at Author_Talks@McKinsey.com. Due to the high volume of requests, we will respond only to those being considered.
—Curated by Molly Liebergall, editor, New York
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by "McKinsey Readers & Leaders" <publishing@email.mckinsey.com> - 04:27 - 2 Apr 2023 -
ICYMI: The Women of McKinsey
Harmony Internal - McKinsey
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Brought to you by Liz Hilton Segel & Homayoun Hatami
Global leaders, Industry & Capabilities PracticesNew from McKinsey & Company
Resilience, confidence, and being unafraid to ask for help. These are three traits María del Mar Martínez, McKinsey’s global chief diversity, equity, and inclusion officer, has adopted during her professional journey. To celebrate Women’s History Month, we sat down with 11 McKinsey leaders across the globe to ask them about their experiences as women in the workplace—and beyond. Their stories, though unique, reveal common threads of grit and tenacity. Visit the full collection for key lessons, meaningful moments, and sound career advice, or click through to each video interview below.
— Edited by Eleni Kostopoulos, managing editor, New York
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by "McKinsey & Company" <publishing@email.mckinsey.com> - 05:09 - 1 Apr 2023 -
The week in charts
The Week in Charts
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by "McKinsey Week in Charts" <publishing@email.mckinsey.com> - 03:15 - 1 Apr 2023
