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 NEWS: MCKINSEY QUARTERLY
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   NEWS: MCKINSEY QUARTERLY
McKinsey Quarterly
May 29, 2024

A microscope on small businesses: The productivity opportunity by country


McKinsey Quarterly
May 29, 2024

Destination readiness: Preparing for the tourist flows of tomorrow
As global tourism grows, it's crucial for destinations to be ready. How can the tourism ecosystem prepare to host unprecedented volumes of visitors—while also managing the challenges?

McKinsey Quarterly
May 29, 2024

Now boarding: Faces, places, and trends shaping tourism in 2024
Global travel is back and buzzing. More regional trips, newly emerging travelers, and a fresh set of destinations are powering steady spending.

McKinsey Quarterly
May 29, 2024

Six trends shaping new business models in tourism and hospitality
Tourism and hospitality companies have transformed over the past decade. Here's a look at trends related to accommodations and experiences.

McKinsey Quarterly
May 29, 2024

The way we travel now
A survey of travelers reveals disparate desires, generational divides, and a newly emerging set of traveler archetypes.

McKinsey Quarterly
May 29, 2024

Updating perceptions about today's luxury traveler
Some widely held notions about luxury travelers—such as how much money they have or how old they are—could be due for reexamination.

McKinsey Quarterly
May 28, 2024

The McKinsey Crossword: Getting Metal-Physical | No. 182
Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you're looking for a quick win.

McKinsey Quarterly
May 28, 2024

Türkiye's sustainability transformation: The net-zero opportunity
Türkiye's journey to net zero could bring significant change to the country's economy, presenting challenges yet revealing new opportunities, such as reducing trade deficit and reliance on energy imports through the use of Türkiye's full renewables potential.

McKinsey Quarterly
May 28, 2024

Talking innovation in video games with Electronic Arts
EA's chief strategy officer, Mihir Vaidya, discusses the challenges of innovating at the intersection of art, entertainment, and technology.

McKinsey Quarterly
May 28, 2024

Mental and physical health equity: A ‘medical civil right'
The Honorable Patrick J. Kennedy strives to ensure resources for the prevention, treatment, and recovery support of mental health conditions are on par with those for other chronic illnesses.

McKinsey Quarterly
May 28, 2024

Model makeover: Turning a telco into a customer-centric techco
Telcos can unlock significant value by becoming truly customer-centric enterprises, but it will take a new operating model enabled by a mindset shift and expanded capabilities.

McKinsey Quarterly
May 28, 2024

Gen AI's second wave
Generative AI is here to stay. As the novelty wears off, companies must figure out how to implement the technology to create real value. Here's how they can start.

McKinsey Quarterly
May 28, 2024

AIA's Lee Yuan Siong on building success for the long term
AIA group chief executive and president Lee Yuan Siong lays out why he's optimistic about the Asian insurance market, what makes AIA unique, and his view of what makes a good leader.

McKinsey Quarterly
May 24, 2024

Ending the confusion in cloud transformations: The dashboards and metrics everyone needs
A cloud transformation has a much greater chance of success if companies know what to track—and how to track it.

McKinsey Quarterly
May 24, 2024

Getting it right: MLOps in energy and materials
Machine learning models in energy and materials have potential, but they can also create risk. An integrated approach can avoid negative downstream impact while increasing efficiency.

McKinsey Quarterly
May 24, 2024

Reimagining the apparel value chain amid volatility
Our latest apparel CPO survey highlights five themes shaping the industry. Brands embracing selected best practices can turn their supplier base into a competitive advantage.

McKinsey Quarterly
May 24, 2024

Ya Xu on building AI and machine learning products
Ya Xu, vice president of engineering and head of data and AI at LinkedIn, discusses how leaders can prioritize and mature AI use cases, and capture the impact of AI in any organization.

McKinsey Quarterly
May 23, 2024

The growing importance of software product marketing managers
As launching new products becomes more challenging, the multifaceted role of product marketing manager is poised to become a differentiator for the most successful software providers.

McKinsey Quarterly
May 23, 2024

Bridging the women's health gap: A country-level exploration
In this McKinsey Health Institute interactive analysis, we explore the latest data on the impact of women's health issues around the world.

McKinsey Quarterly
May 23, 2024

Author Talks: The teenager's guide to business
Are you dreaming of entrepreneurship but unsure where to begin? Two teens may have the answers.

McKinsey Quarterly
May 22, 2024

America's productivity growth is recovering to pre-great financial crisis rates. Europe has more work to do
Labor productivity growth in the United States, Canada, and advanced economies in Western Europe and Asia, has been dismal for almost a generation, hovering around 1% a year. Is this lackluster performance all we can expect for the next generation? Chris Bradley, Olivia White, and Jan Mischke help answer this in Fortune.

McKinsey Quarterly
May 22, 2024

Defining your ‘true north': A road map to successful transformation
Once a byword for cost cutting, transformation now embraces bolder goals. By using your strategy as a guide and four workstreams as paths, you can take your transformation to the next level—and make it stick.

McKinsey Quarterly
May 22, 2024

Strategic alliances for gen AI: How to build them and make them work
Strategic alliances are a must for companies looking to build value from generative AI. But approaching them like traditional vendor arrangements won't work.

McKinsey Quarterly
May 22, 2024

Why organizations should take a human-led approach to capture the full value of tech investments
London partner Lousie Herring, who leads QuantumBlack, AI by McKinsey in the United Kingdom, Ireland, and Israel, explains why tech is no silver bullet, and rarely succeeds without the all-important human element.

McKinsey Quarterly
May 22, 2024

Ready. Set. Scale. Shaping leaders for hypergrowth
Leading a rapidly growing start-up presents distinct challenges. Developing the leaders to effectively lead hypergrowth organizations requires founders and senior executives to answer four key questions.

McKinsey Quarterly
May 22, 2024

Using AI in economic development: Challenges and opportunities
There's always been an art to stimulating economic growth. Now there's a science, too.

McKinsey Quarterly
May 21, 2024

The McKinsey Crossword: 'Tis a P-T | No. 181
Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you're looking for a quick win.

McKinsey Quarterly
May 21, 2024

Taking industrial sector tech from cost center to competitive edge
Industrial companies can enjoy the same strategic technology advantages as digital leaders in other sectors, provided they have the right blueprint: an integrated product and platform operating model.

McKinsey Quarterly
May 21, 2024

Gen AI: Opportunities in M&A
Generative AI is already making its way into the day-to-day world of M&A, and more use cases are emerging. How should companies approach the opportunity?

McKinsey Quarterly
May 21, 2024

From bytes to bushels: How gen AI can shape the future of agriculture
Complementing analytical AI with generative AI can help agriculture players reduce labor and input costs and improve yields. A number of exciting use cases show how the industry can evolve.

McKinsey Quarterly
May 21, 2024

A new future of work: The race to deploy AI and raise skills in Europe and beyond
To gain the full productivity benefits of generative AI and other technologies, Europe and the United States will need to focus both on improving human capital and accelerating technology adoption.

McKinsey Quarterly
May 21, 2024

Author Talks: Fighting the good fight
Are you built to face your greatest fears head-on? Marine Corps veteran and Microsoft executive Nate Boaz shares ways to develop the courage to get through the most trying times—and come out on top.

McKinsey Quarterly
May 20, 2024

A better life everyone can afford: Lifting a quarter billion people to economic empowerment
Lowering the costs of basic goods and services to improve living standards.

McKinsey Quarterly
May 20, 2024

From priced out to economically empowered: Why affordability matters
A worker who gets a raise should be pleased to bring home a bigger paycheck. But that bump in income doesn't improve living standards in any meaningful way if their average rent is still far beyond their means. Most countries gauge prosperity by looking at income or wage growth, but those metrics don't fully reflect what it takes to get by, writes Kweilin Ellingrud in Forbes.

McKinsey Quarterly
May 20, 2024

Tying short-term decisions to long-term strategy
A new survey confirms the well-founded principles behind the allocation of resources for long-term value creation.

McKinsey Quarterly
May 20, 2024

What's next for natural gas: A talk with Williams CEO Alan Armstrong
The president and CEO of Williams Companies talks about the role of natural gas in the energy mix, the opportunities and challenges of the energy transition, and 13 years of leadership lessons.

McKinsey Quarterly
May 17, 2024

The promise and the reality of gen AI agents in the enterprise
Generative AI technology is improving so quickly that a range of new capabilities are rapidly coming online, but only for those who can understand how to use them.

McKinsey Quarterly
May 17, 2024

Five bold moves to quickly transform your organization's culture
An inclusive culture is now a must for companies that want to meet talent, performance, and productivity objectives. Five moves can help leaders accelerate the process of turning around their cultures.

McKinsey Quarterly
May 17, 2024

Can your company remain global and if so, how?
Geopolitical uncertainty is forcing global companies to take a hard look at the decades-long strategy of geographic expansion.

McKinsey Quarterly
May 16, 2024

Author Talks: Nicholas D. Kristof on the price—and value—of seeking truth
New York Times columnist and Pulitzer Prize winner Nicholas D. Kristof covers stories from places many newsrooms shy away from. Why? Truth-based journalism, he says, can shine a light in the darkest of places.

McKinsey Quarterly
May 16, 2024

Beyond the pandemic: The next chapter of innovation in vaccines
Decisive action is vital to accelerate vaccine development across the full range of infectious diseases. Five actions show a way forward.

McKinsey Quarterly
May 16, 2024

How HP is finding success in circularity
Selling refurbished PCs and printers is at least as profitable as selling new ones, says HP Workforce Solutions president Dave Shull. Here's how the company is scaling up its circular business.

McKinsey Quarterly
May 16, 2024

What's new in consumer wellness trends?
A closer look at the $1.8 trillion global market for consumer wellness products reveals shifting preferences in certain categories—and growing opportunities for companies and brands.

McKinsey Quarterly
May 15, 2024

The new real estate investment edge: Tech-enabled brand, CX, and loyalty
Superior customer experience in real estate combines evocative brands, memorable moments, and low-cost operations.

McKinsey Quarterly
May 15, 2024

In the spotlight: Performance management that puts people first
Performance management systems help people continuously develop—but most companies fall short of best practices. A set of defined design choices can help guide leaders forward.

McKinsey Quarterly
May 15, 2024

Master data management: The key to getting more from your data
Master data management can give organizations a leg up by allowing them to easily organize and access data about customers, suppliers, products, and employees.

McKinsey Quarterly
May 15, 2024

Scale matters more than ever for European competitiveness. Here's why
As we enter a new geo-economic era, Europe's competitiveness is under pressure. New research highlights the need for bold action if European firms are to compete globally. Scaling up across Europe, in areas such as R&D, will help companies increase their competitiveness, write Sven Smit and Jan Mischke in World Economic Forum.

McKinsey Quarterly
May 15, 2024

Six strategies for growth outperformance
In this conversation, three experts discuss the recipe for fostering growth in today's uncertain economic climate.

McKinsey Quarterly
May 15, 2024

2023 ESG Report: Accelerating sustainable and inclusive growth for all
We are driving measurable progress on sustainable and inclusive growth in the societies where we operate. Our 2023 ESG Report details how we are making an impact through our client work, our insights, our actions, and our giving.

McKinsey Quarterly
May 14, 2024

How to navigate pricing during disinflationary times
Although inflation rates are down, businesses should resist the urge to ease up on pricing management. With deft and adaptable pricing strategies, companies can thrive through economic uncertainty.

McKinsey Quarterly
May 14, 2024

The McKinsey Crossword: Degrees in Anatomy | No. 180
Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you're looking for a quick win.

McKinsey Quarterly
May 13, 2024

In search of self and something bigger: A spiritual health exploration
McKinsey Health Institute's global survey of 41,000 people finds that spiritual health matters to many, regardless of age, country, or religious beliefs.

McKinsey Quarterly
May 13, 2024

Helping Starbucks design stores that are inclusive for all
The coffee company worked with McKinsey to create a design framework for more inclusive spaces for persons with disabilities

McKinsey Quarterly
May 13, 2024

Moving past gen AI's honeymoon phase: Seven hard truths for CIOs to get from pilot to scale
Getting to scale requires CIOs to focus on fewer things but do them better.

McKinsey Quarterly
May 13, 2024

Building a next-generation carbon platform to accelerate the path to net zero
TPG worked with McKinsey to create Rubicon Carbon, a carbon credit management and investment firm that helps enterprises achieve their sustainability goals

McKinsey Quarterly
May 13, 2024

Five alphas: Essential capabilities to succeed in the next era of private capital
The next era of private capital will look different from the last. Five core capabilities can determine which managers capture strong returns, growth, and profitability in these changing times.

McKinsey Quarterly
May 10, 2024

AI for social good: Improving lives and protecting the planet
As AI advances from predictive to generative capabilities, its potential to address social issues defined by the UN Sustainable Development Goals expands.

McKinsey Quarterly
May 10, 2024

New tactics for new talent: Closing US semiconductor labor gaps
America's impending semiconductor expansion depends on three labor pools that are currently under pressure. Without new action, large talent gaps will likely persist, despite current workforce development.

McKinsey Quarterly
May 10, 2024

How Lufthansa is using data to reduce costs and improve spend and carbon transparency
Partnering with SAP, the airline developed a clear view of their data, integrating multiple sources from across their global business network. McKinsey's Spendscape then provided a full understanding of procurement spend—and insights into Scope 3 emissions.

McKinsey Quarterly
May 10, 2024

How two telcos in Indonesia are bringing inclusivity to 17,500 islands
Digital technologies can be used to create significant opportunities for economic and social growth in Indonesia—two telco leaders say how.

McKinsey Quarterly
May 10, 2024

Kareem Yusuf on building sustainability products for your customers
Kareem Yusuf, senior vice president of product management and growth at IBM, discusses the current landscape for sustainability products, the connection between sustainability and profitability, and how to empower customers to be more sustainable.

McKinsey Quarterly
May 09, 2024

German private equity: A catalyst for job creation and economic growth
Five building blocks can help Germany build a stronger foundation to expand private equity investment, creating value, employment, and economic growth.

McKinsey Quarterly
May 09, 2024

Responding effectively to the Supervisory Review and Evaluation Process
Regulators and an uncertain market are making a strong Supervisory Review and Evaluation Process response a necessity in Europe. Here's how to manage it successfully.

McKinsey Quarterly
May 09, 2024

The platform business model meets advanced manufacturing at MakerVerse
Venture capital firm Ninepointfive invested in manufacturing company MakerVerse to improve supply chains and scale innovation.

McKinsey Quarterly
May 08, 2024

To defend against disruption, build a thriving workforce
As generative AI begins to reshape jobs, leaders have an opportunity to reimagine work, the workplace, and the worker. Five actions can help.

McKinsey Quarterly
May 08, 2024

Unleashing the power of midcap companies
Midmarket businesses have vast opportunities to increase their performance and scale if they reinvent how they work. Here are six keys to successful midcap transformations.

McKinsey Quarterly
May 07, 2024

The rapid evolution of payments in Latin America
Cash is no longer Latin Americans' preferred way to pay, as debit cards, credit cards, and mobile payments have gained fans, presenting opportunities for financial-services companies.

McKinsey Quarterly
May 07, 2024

The McKinsey Crossword: Author Talks | No. 179
Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you're looking for a quick win.

McKinsey Quarterly
May 07, 2024

Author Talks: The business of ethics for leaders
How should CEOs approach corporate values? When should they speak out on contentious issues? Alison Taylor breaks down how businesses can do the right thing—even when it's not easy to.

McKinsey Quarterly
May 06, 2024

A seven-point guide to getting the net-zero transition on track
Several key issues must be addressed to accelerate our efforts to reach net zero. This includes innovative energy solutions, driving down technology costs and developing new financing mechanisms, to name a few. Entirely new opportunities will also be created by the transition, write Mekala Krishnan and Humayun Tai in World Economic Forum.

McKinsey Quarterly
May 06, 2024

From hire to inspire: Getting—and keeping—Gen Z in manufacturing
Gen Z workers say they're open to jobs in manufacturing. But getting them to take these jobs, engage, and stay will mean changing a work environment long optimized for machines, not people.

McKinsey Quarterly
May 06, 2024

Eye in the sky: Launching a geopolitical risk unit
A geopolitical risk unit can add perspective to navigate and identify opportunities in a fragmenting world.

McKinsey Quarterly
May 06, 2024

Early adoption of generative AI in commercial life sciences
Pilots of generative AI commercial use cases at biopharmaceutical and medtech companies have been promising, but success at scale hinges on a clear—and budgeted—gen AI strategy and custom solutions.

McKinsey Quarterly
May 06, 2024

Operating at the edge: Harnessing ‘as a service' in the US government
The US government has demonstrated increasing interest in acquiring capabilities through as-a-service models. Many challenges could keep it from doing so—particularly in unpredictable environments.

McKinsey Quarterly
May 03, 2024

Anant Bhalla on the convergence of insurance, asset management
The former CEO of American Equity Investment Life reflects on his career path, Brookfield's acquisition of AEL, and his predictions for the insurance industry.

McKinsey Quarterly
May 03, 2024

Author Talks: The magic of unmuting yourself
Do you tend to speak up or play it safe? Author Elaine Lin Hering shares how you can build the confidence to find—and use—the voice you've learned to bury.

McKinsey Quarterly
May 03, 2024

Why flow matters most in highly complex manufacturing
To meet escalating demand for the latest advanced products, companies need a better way to handle the interactions and uncertainties of increasingly complex manufacturing.

McKinsey Quarterly
May 02, 2024

A microscope on small businesses: Spotting opportunities to boost productivity
MSMEs are vital for growth and jobs, but struggle with productivity. The route to higher productivity lies in creating a win-win economic fabric for all companies.

McKinsey Quarterly
May 02, 2024

Creating a European AI unicorn: Interview with Arthur Mensch, CEO of Mistral AI
Arthur Mensch, CEO and cofounder of Paris-based Mistral AI, discusses his company's large language models, its open-source strategy, and how AI will change the workplace.

McKinsey Quarterly
May 02, 2024

Opportunities to boost small company productivity: Research on micro, small, and midsize companies offers new ideas about how to close the productivity gap
Accelerating productivity growth has always been the sure way to deliver long-term prosperity, and small businesses play a crucial role in driving it. But they struggle with productivity in comparison with large companies. Perhaps counterintuitively, the most effective way to tackle this issue is for micro, small, and medium enterprises to strengthen their networks with large companies, write Anu Madgavkar and Olivia White in Inc.

McKinsey Quarterly
May 02, 2024

Insights to Impact: A weekly briefing on creating sustainable and inclusive growth
Which sectors could see the greatest value from quantum technologies by 2035? Our weekly digest explores that topic and more.

McKinsey Quarterly
May 02, 2024

Gen AI talent: Your next flight risk
Active users of gen AI are high value and in demand—and in many cases, poised to quit. New research reveals how to attract them, keep them engaged, and motivate them to stay put.

McKinsey Quarterly
May 01, 2024

Digital twins: Capturing value from renewable hydrogen megaprojects
Hydrogen developers could use digital twins to improve the economic viability of renewable projects and meet increasing demand. Here, we illustrate how, using renewable hydrogen as an example.

McKinsey Quarterly
May 01, 2024

Faster, smarter, bolder: How midtenure CFOs shift into a higher gear
Former finance leaders offer advice on how CFOs can go from good to great in the middle years of their tenure.

McKinsey Quarterly
May 01, 2024

Why so many bad bosses still rise to the top
Narcissism. Overconfidence. Low EQ. Why do we persist in selecting for leadership traits that hamper organizational progress—and leave the right potential leaders in the wrong roles?

McKinsey Quarterly
May 01, 2024

Trade's trajectory: A conversation with Yuvraj Narayan
DP World's Yuvraj Narayan discusses the challenges and opportunities that port operators are seeing and how the nature of trade could evolve over time.

McKinsey Quarterly
Apr 30, 2024

What is deep learning?
Deep learning is a type of machine learning that is more capable, autonomous, and accurate than traditional machine learning.

McKinsey Quarterly
Apr 30, 2024

What is machine learning?
Machine learning is a form of artificial intelligence that is able to learn without explicit programming by a human.

McKinsey Quarterly
Apr 30, 2024

What's the future of AI?
AI is here to stay. To outcompete in the future, organizations and individuals alike need to get familiar fast. This series of McKinsey Explainers dives deep into the seven technologies that are already shaping the years to come.

McKinsey Quarterly
Apr 30, 2024

The McKinsey Crossword: "Mwah!" | No. 178
Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you're looking for a quick win.

McKinsey Quarterly
Apr 29, 2024

From start-up to centaur: Leadership lessons on scaling
This playbook for founder CEOs on scaling from start-up to standout and beyond borrows lessons from the global B2B software-as-a-service industry.

McKinsey Quarterly
Apr 26, 2024

Gen AI in customer care: Early successes and challenges
The contact center emerged as an early use case for generative AI—with varied success. Organizations can learn from early adopters and think about their adoption strategies across three horizons.

McKinsey Quarterly
Apr 26, 2024

Stand and deliver: Three imperatives for civil servants
Today's governments face increasing obstacles to achieving their primary mission: serving the public. Refreshed management approaches and new technologies can help.

McKinsey Quarterly
Apr 26, 2024

Evolving federal R&D to meet the challenges of tomorrow
Maximizing the value of R&D expenditures will require taking a broader, portfolio-level perspective and accepting a certain level of risk—and failure—in the process.

McKinsey Quarterly
Apr 26, 2024

Thomas Dohmke on improving engineering experience using generative AI
Thomas Dohmke, CEO of GitHub, discusses the impact generative AI will have on software development, the evolution of the developer's role, and the opportunity to accelerate innovation.

McKinsey Quarterly
Apr 25, 2024

Author Talks: Design as a force for good
What's possible through the power of design? The answer might surprise you.

McKinsey Quarterly
Apr 25, 2024

Talk is cheap: How much will consumers really pay for green products?
A German study shows how an auction-based insights approach allows manufacturers of consumer products to better understand which aspects of sustainability can encourage consumer demand.

McKinsey Quarterly
Apr 24, 2024

Steady progress in approaching the quantum advantage
Quantum technology could create value worth trillions of dollars within the next decade. The third annual Quantum Technology Monitor synthesizes the latest opportunities in this burgeoning field.

McKinsey Quarterly
Apr 24, 2024

How countries and companies can rev up the productivity engine
Productivity growth is the secret sauce that fuels economic success. It determines how much output we get from our inputs, and when it's high, living standards soar, writes Kweilin Ellingrud in Forbes.

McKinsey Quarterly
Apr 24, 2024

From margins to mainstream: Asians and Pacific Islanders in Hollywood
Asian and Pacific Islander consumers could generate billions of dollars in additional revenue—if the film and television industry can improve the representation and authenticity of API content.

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