In the US, skilled tradespeople are in high demand, earn good salaries, and are vital to economic progress and prosperity. So why are they in such short supply? In this episode of McKinsey Talks Talent, Brooke Weddle and Bryan Hancock discuss what’s causing the skilled-trade shortage, as well as what’s necessary to attract new workers and to help them thrive. ➡️ https://mck.co/3VnvWRS #Talent #SkilledTrades #Manufacturing #Construction
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McKinsey & Company is a global management consulting firm. We are the trusted advisor to the world's leading businesses, governments, and institutions. We work with leading organizations across the private, public and social sectors. Our scale, scope, and knowledge allow us to address problems that no one else can. We have deep functional and industry expertise as well as breadth of geographical reach. We are passionate about taking on immense challenges that matter to our clients and, often, to the world. We work with our clients as we do with our colleagues. We build their capabilities and leadership skills at every level and every opportunity. We do this to help build internal support, get to real issues, and reach practical recommendations. We bring out the capabilities of clients to fully participate in the process and lead the ongoing work.
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Employees at McKinsey & Company
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Salil Pitroda
AI, Fintech And Software Builder And Investor | McKinsey, Private Equity, Startup Co-Founder, Board Director
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Martin Roll
Martin Roll is an Influencer Harvard Board Advisor | Strategy Expert | Leadership Advisor | CEO Mentor | INSEAD Distinguished Fellow | Family Business & Family Office Expert |…
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Del Ross
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Royston Wilson
Updates
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Student achievement is stagnating globally and millions of children are not learning.🎓 However, some school systems are defying the odds by implementing evidence-based strategies, fostering strong coalitions for change, and building robust delivery capacities. Learn how these efforts could be the catalyst for significant and sustainable improvements in student learning outcomes worldwide. ➡️ https://mck.co/3RERyHe #EarlyChildhoodEducation #Education
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In our recent interview with Alan Armstrong president and CEO of Williams we discussed the role of midstream natural gas companies and how they are enabling decarbonization across the supply chain. Commenting on the crucial role of technology, Armstrong notes: “Most of our shipping fleets today use residual oil… replacing that with natural gas reduces emissions in that shipping industry by about 2.4 times.” For more tackling this challenge and reducing emissions, read the full interview here: https://mck.co/45B0SBI. #Leadership #NaturalGas #EnergyTransition
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US consumer confidence dipped in Q2 of this year, mirroring late 2023 levels due to inflation, reduced savings, and labor market concerns. Despite economic worries, consumers continued to splurge on food and apparel but cut back elsewhere. Read more about a potential shift in spending habits, especially amongst generations. https://mck.co/3VJs0tQ #CPG #ConsumerSentiment
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A new study offers early lessons on how gen AI can improve product managers’ productivity, quality, and experience. By using gen AI, product managers can streamline development, find new opportunities, and deliver better results quicker. Product managers, learn how to get the most out of gen AI and why it's important to have a structured plan and integrate it with current tools. ➡️ https://mck.co/3VS0WcQ #GenAI #ProductManagement
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Effectively navigating tech trends can really boost business success. By looking at past trends, CIOs can use these signs to figure out which trends to jump on or not participate at all, ensuring they make smart organizational moves. But not all tech trends are created equal. Learn how keeping a clear eye on what matters can help steer to better decisions. https://mck.co/3VOEotz #TechTrends
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Nurturing the current workforce while preparing the future one is crucial for organizations in heavy industries. Company identities, diversity and skill development are just a few areas that were discussed by HR executives across heavy industries at our recent roundtable. Learn more about how HR leaders in the space can be strategic parnters and drive value amid organizational change. ➡️ https://mck.co/3RATZKH #HR #FutureOfWork #Leadership
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90%. That’s how much solar panel costs dropped between 2010 to 2020 thanks to ambitious cost-reduction strategies and technological advancements. Could this success be replicated in other climate-tech solutions? These 5 innovative strategies could be the key. https://mck.co/3KPfxPV #ClimateTech #McKinseySustainability
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COOs can maximize their impact by shifting focus from daily operations to strategic initiatives. Yet, many lack a defined agenda that aligns with their unique responsibilities. Although agendas can vary by company and context, we've put key elements every COO agenda should include. https://mck.co/4cv8h7B
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In 2022, we launched https://mck.co/3XuDQdt to offer our firm’s capability‑building solutions at no cost to nonprofits that are accelerating inclusive growth around the world. Learn more in our 2023 ESG Report ➡️ https://mck.co/3XpazB8 #SustainableInclusiveGrowth
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