represented the tip of McKinsey’s knowledge and expertise iceberg‚ how well was the firm doing in developing‚ capturing‚ and leveraging this asset in service of its clients worldwide? Although the Practice Olympics was only one of several initiatives he had championed‚ Gupta wondered if it was enough‚ particularly in light of his often stated belief that “knowledge is the lifeblood of McKinsey.” Founded in 1926 by University of Chicago professor‚ James (“Mac”) McKinsey‚ the firm of “accounting
Premium Knowledge management Knowledge Management consulting
McKinsey & Company: Managing Knowledge and Learning Group 2 – Section A Aditya Dave 11P005 Anand Jhunjhunwala 11P009 Pragati Sangal 11P031 Pratikshit Pandey 11P032 Saurabh Bhandari 11P041 1. What was McKinsey’s unique source of competitive advantage developed by James O. McKinsey and later by Marvin Bower? James O. McKinsey * Recruited experienced executives and trained them on an integrated approach which he called the General Survey outline * Sequence
Premium Marketing Knowledge management Management
Managing Knowledge and Learning at NASA and the Jet Propulsion Laboratory Summary National Aeronautics and Space Administration (NASA) was established by Congress on October 1‚ 1958‚ in order for the United States to keep up with the technological advancements achieved from former Soviet Union’s successful launch of the Sputnik (1957). The Apollo Era-Mission had risen from the support of John F. Kennedy’s goal‚ which was “landing a man on the Moon and returning him safely to Earth.” Prioritization
Premium NASA Knowledge management Space exploration
Case # 9-603-062 Managing Knowledge and Learning at NASA and the Jet Propulsion Laboratory This case focuses on knowledge management (KM) at NASA after a mandate to move from “expensive‚ infrequent‚ heavily engineered” projects to “Faster‚ Better‚ Cheaper” projects has been in place for almost ten years. Read the case‚ discuss it with your team members‚ and then answer the following questions. Summary Jeanne Holm‚ Chief Knowledge Architect for NASA faces
Premium NASA Mars Knowledge management
Client goal Our client is RefreshNow! Soda. RefreshNow! is a top 3 beverage producer in the U.S. and has approached McKinsey for help in designing a product launch strategy. Description of RefreshNow! Soda As an integrated beverage company‚ RefreshNow! leads its own brand design‚ marketing and sales efforts. In addition‚ the company owns the entire beverage supply chain‚ including production of concentrates‚ bottling and packaging‚ and distribution to retail outlets. RefreshNow! has a considerable
Premium Marketing
Bradford College of Management Unit 16: Managing Communications‚ Knowledge and Information Candidate Name:............................................................................ Candidate ID:..................... Date of Issues: 23rd May 2011 Date of Submission: 07 July 2011 Receiver signature:....................................................................date:........................................... ------------------------------------------------- Assessor
Premium Decision making Communication Decision theory
McKinsey Matrix (The GE multi factoral) With the help of McKinsey and Company‚ a leading consulting group‚ the General Electric Company (GE) developed a popular business portfolio analysis tool called the GE Multifactor Portfolio Matrix. This tool helps managers develop organizational strategy that is based primarily on market attractiveness and business strengths. Industry attractiveness might be determined by such factors as the rate of industry growth‚ the number of competitors in an industry
Premium Strategic management
11/18/2009 Managing Information Systems – Ch. 11 Managing Knowledge and Collaboration 1 Learning Objectives • Assess the role of knowledge management and knowledge management programs in business • Describe the types of systems used for enterprise-wide knowledge management and demonstrate how they provide value for organizations • Describe the major types of knowledge work systems and assess how they provide value for firms • Evaluate the business benefits of using intelligent techniques
Premium Knowledge management Enterprise content management
A New Focus for McKinsey Rajat Gupta‚ a 20-year veteran committed to decide to put emphasis on knowledge development‚ launched a four-pronged attack to help McKinsey to build up their long tern capital. First‚ he capitalized the firm’s long tern investment by creating come new channels and forums for knowledge development and organizational learning. Second‚ he created a Practice Olympic to encourage regional offices to extend ideas that grew out of client engagement. Third‚ he assigned senior
Premium Learning 21st century Knowledge management
4 4.1) Methodologies to working capital management……………………………5 5) Benefit of information and knowledge management………………………………5-6 6) Use of ICT in Environmental scanning ……………………………………………………..7 6.1) Use of ICT in benchmarking………………………………………………………………8 8) Difference between conventional and learning organization…………………..9 8.1) Relationship between organizational learning and competitive advantage…..9-10 8.2) Competitive advantage strategy for competitors………………………………10
Premium Knowledge management Data analysis Learning