Resource Fluidity
Going Beyond Budgeting
CFOs say it’s finally time to slay the three-headed corporate budgeting monster.
Read MoreAn ecosystem of partners: The foundation of capital project excellence
To deliver large capital projects in heavy industry more efficiently, project owners can consider forming an ecosystem of partners and fundamentally rethinking ways of working together.
Read MoreAnnual Budgeting Is For The Birds
It is finally time to retire annual budgeting and make way for dynamic rolling forecasts.
Read MoreSustaining a Culture of Cost Consciousness
It’s been a few years since your company launched its zero-based budgeting (ZBB) effort. Thanks to a solid design and full buy-in, it was a success, with only a few bumps in the road. Through roughly 100 savings initiatives, you carved out inefficiencies and redirected funds to the company’s business priorities. Once the implementation was…
Read MoreThree keys to building a more skilled postpandemic workforce
Many companies face large, and growing, skills deficits. A few companies approach skill building in a more integrated way—and are quietly gaining an edge on rivals.
Read MoreManaging project portfolios to unlock trapped capital
The COVID-19 pandemic has led many businesses to try to minimize short-term capital outlay; considerable capital can be unlocked by rethinking the way project risk is recognized and funded.
Read MoreWhat does resilience mean in capital and balance-sheet management?
Two partners from McKinsey’s Risk and Resilience Practice share their perspectives on dealing with heightened uncertainty and emerging threats during and after the COVID-19 pandemic.
Read MoreReal-World Supply Chain Resilience
For years, companies have focused on eliminating redundancy in sourcing to reduce fixed costs and promote efficiency. Greater efficiency, however, came at the expense of diminished flexibility and effectiveness—a tradeoff the pandemic-induced supply chain disruptions have made painfully clear.
Read MoreInto the fast lane: How to master the omnichannel supply chain
Consumer-product and retail companies looking to jump into the fast lane of modern shopping will need to overhaul their operations to master the seven building blocks of an effective omnichannel supply chain.
Read MoreA Strategy for Embracing Uncertainty
There are no crystal balls, but companies can get a lot smarter about envisioning future scenarios and knowing when to act on them.
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