Supply Chain Digital Magazine June 2023 | Page 80

McKinsey 5-point formula for digitalisation success
SUPPLY CHAIN

McKinsey 5-point formula for digitalisation success

An ongoing McKinsey study into skills requirements shows that companies need inhouse digital supply chain talent to support digitisation efforts . And to help organisations in their quest to plug the skills gap , McKinsey has published a five-point “ capability building formula ” based on action taken by businesses who have successfully upskilled their supply chain people . The five points are :

Focus

Focus on the skills that matter – something that is often hindered by a lack of understanding of what ‘ good ’ looks like , says McKinsey .

Incentivise

Incentivise participation and engagement

Diversify

Use diverse and effective learning methods

Scaleability

Set up the program to scale beyond the initial pilot

Impact

Drive for impact on the company ’ s operating performance