Monthly Highlights | May 2015   Editor’s choice The eight essentials of innovation Innovating in any context can be a challenge, but it often proves especially tricky for well-established companies. In this article and an accompanying video presentation, McKinsey Quarterly walks you through the eight elements that are critical to innovation performance and shows what you can learn from top-performing executives across a broad set of industries and countries. more This month’s highlights Are you ready to decide? Before doing so, executives should ask themselves two sets of questions. more Ascending to the C-suite A new survey finds that executives who move effectively into the C-suite are communicating priorities, valuing their teams, spending time on culture, and understanding their unique leadership role. more Toward a new HR philosophy HR should empower managers to decide on standards, hire how they choose, and develop company-wide leaders. more Grow fast or die slow: Pivoting beyond the core Turbocharged initial growth is essential to surviving in the software industry. But what comes next? Here are four lessons so leaders can write their organizations’ second act. more Business and society in coming decades Walmart CEO Doug McMillon and SVP of sustainability Kathleen McLaughlin argue companies have an opportunity to use their scale and expertise to reshape global systems and mitigate complex problems. more Also of interest How agile is your supply chain? Brightening the black box of R&D The globally effective enterprise Changing the nature of board engagement How to beat the transformation odds Maintaining a long-term view during turnarounds New issue Just released, the full issue of McKinsey Quarterly 2015 Number 1 can now be enjoyed in two ways: Mobile devices. Using our McKinsey Insights app for iPad or Android devices, download a PDF of the full issue or swipe through the issue to read articles individually. Install the app directly from the Apple App Store or the Google Play store. PCs and laptops. Read the issue overview and download a PDF of the full book on our site. Share this e-mail Facebook LinkedIn Twitter You received this e-mail because you subscribed to our Monthly Highlights newsletter. To ensure delivery, add email.mckinsey.com to your address book. Stay connected Facebook Twitter Copyright © 2015 | McKinsey & Company, 55 East 52nd Street, New York, New York 10022