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Organization, Change & Leadership Foresight Archive
Investing in Talent for Sustained Growth: A Capabilities-Driven Approach to People Strategy
A company’s approach to talent is a core component of its overall strategy. Yet too often, we find a disconnect between a company’s strategy and its investment in the workforce. Senior leadership teams and human resources executives can avoid this costly mistake by aligning their companies’ people strategy with the core capabilities that distinguish them from their competitors. This article details four steps through which executives can identify, prioritize, and develop employee segments that are critical to their companies’ long-term success. read more >
Time for New CEOs: The 2012 Chief Executive Study
Booz & Company’s annual study of CEO changes reveals that the CEO turnover rate in 2012 was 15 percent—the second-highest since 2000, lower only than in 2005. Furthermore, companies are actively planning their CEO successions. The share of planned turnovers, at 72 percent of all turnover events, is the highest in the 13-year history of the study, indicating that companies are seeking to build on the leadership stability most have enjoyed with the improved economy. The study examines the rate of, reason for, and geographic and industry distribution of chief executive changes among the world’s 2,500 largest public companies. This year’s report focuses particularly on who the new leaders are and where they came from. read more >
The $5 PMPM Health Plan: Coming Soon to Your Neighborhood
Health plans are already working hard to lower their administrative costs as a necessary response to healthcare reform and other fundamental market shifts. But how low is low? Booz & Company analysis reveals that payors may soon face new competitors with administrative costs as much as 80 percent lower than those of today’s typical plan. In this new environment, legacy plans must radically rethink and reorganize their operating models to defend their market share. In place of maintaining full-fledged, in-house front, middle, and back offices, this article details four alternative ways to play for today’s health plans: lean operator, direct marketer, direct marketer-medical cost innovator, and risk and network aggregator. download (501kb, PDF) >
Empowering the Third Billion
Nearly 1 billion women around the world will enter the global economy in the coming decade. They are poised to play a significant role in countries around the world—as significant as that of the billion-plus population of India and China. Yet this “third billion” has not received sufficient attention from key decision makers in many countries. This represents a missed opportunity; greater economic involvement from women has far-reaching impacts, for example, as women are likelier than men to invest a large proportion of their household income in their children’s education.
To empower women, government and business leaders need a better understanding of the most effective levers available to them. Booz & Company’s Third Billion Index, a ranking of 128 countries worldwide, seeks to identify these levers, based on how effectively leaders today empower women as economic agents in the marketplace. This article posits that mobilizing the female workforce will not only empower women but also contribute to the economic prosperity, health, early childhood development, security and freedom of their communities at large.
Empowering the Third Billion has sparked worldwide conversation about the economic and social impact of 1 billion women entering the economy. Booz & Company is proud to offer you groundbreaking research that has been highlighted in over 190 publications across 15 countries on 5 continents. This crucial conversation has included a hosted Tweet chat, 60,000 social media engagements and Booz & Company partner DeAnne Aguirre’s CNN Fortune op-ed. read more >
How to Be a More Coherent Marketer
The dramatic evolution of technology has fundamentally altered the way consumers approach buying decisions. The proliferation of buying channels is also enabling marketers to interact with consumers and businesses in ways that weren’t possible before. Yet, according to a recent multi-industry survey conducted by Booz & Company, Korn/Ferry International, and the Association of National Advertisers, many marketers are struggling to manage these powerful societal and technological trends. With so much in flux and so much at stake, marketing organizations need to be strategic when it comes to managing their resources and teams. This article suggests two key priorities for these organizations – choosing the right capabilities to establish a right-to-win and hiring and retaining the right talent to support these capabilities. read more on strategy+business >
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