🔀IMATRIX: Transforming Organizations🔀
Guggenberger, P., Maor, D., Park, M., & Simon, P. (2023, April 26). The State of Organizations 2023: Ten shifts transforming organizations.
🔗 Link:
https://www.mckinsey.com/featured-insights/mckinsey-live/webinars/the-state-of-organizations
Shift Number | Shift Title | Example | Illustration of Real-World Implementation |
1 | Increasing speed, strengthening resilience | Rapidly adapting to changing market conditions | Swift response to shifting consumer demands |
2 | 'True hybrid': The new balance of in-person and remote work | Implementing flexible work arrangements | Adoption of a hybrid work model for employees |
3 | Making way for applied AI | Integrating AI-powered tools for process optimization | Use of AI in predictive maintenance for machinery |
4 | New rules of attraction, retention, and attrition | Redesigning employee engagement strategies | Innovative employee benefits and retention programs |
5 | Closing the capability chasm | Developing in-house skills or partnering for needed expertise | Collaboration with universities for skill development |
6 | Walking the talent tightrope | Balancing workforce diversity and skill requirements | Diversity and upskilling initiatives |
7 | Leadership that is self-aware and inspiring | Fostering a positive organizational culture | Leadership development programs and inclusive culture |
8 | Making meaningful progress on diversity, equity, and inclusion | Advancing diversity and inclusion initiatives | Diversity-focused hiring and inclusion programs |
9 | Mental health: Investing in a portfolio of interventions | Providing employee mental health support programs | Comprehensive mental health support for employees |
10 | Efficiency reloaded | Streamlining operations and optimizing resource utilization | Lean manufacturing principles and supply chain optimization |