The McKinsey Podcast cover image

The McKinsey Podcast

Getting a read on the state of organizations

Jun 1, 2023
21:02

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Quick takeaways

  • Effective leadership is crucial for employee satisfaction and retention in organizations.
  • Building resilience requires a focus on developing surplus capacity, organizing for speed, and cultivating a culture of continuous learning.

Deep dives

The Importance of Leadership in Employee Satisfaction

According to McKinsey's state of organizations report, employee happiness, engagement, and satisfaction heavily rely on the leadership of their direct managers. The report highlights that how someone leads can either enhance or diminish employee satisfaction and retention. It emphasizes the need for managers to understand 10 shifts in organizations, including attracting and retaining talent, increasing productivity, and achieving growth. The report also identifies beacon organizations that excel in performance, culture, brand perception, and talent perception, such as Mars, CyQuantum, Lego, and Decathlon.

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