NEWS: MCKINSEY QUARTERLY
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   NEWS: MCKINSEY QUARTERLY
McKinsey Quarterly
Dec 06, 2024

BCBS 239 2.0 resurgence: Strengthening risk management and decision making
A renewed focus on the 2013 data risk management regulatory standard poses new challenges and opportunities for European and US banks. Achieving compliance will take a structured, top-led approach.

McKinsey Quarterly
Dec 06, 2024

Developing a resilient, adaptable workforce for an uncertain future
A key task for 21st-century leaders is to develop their own capacity for change while also fostering resilience and adaptability in others across the organization. Here's a blueprint for doing that.

McKinsey Quarterly
Dec 05, 2024

Capex excellence in oil and gas: Innovations for market challenges
Novel capital deployment and procurement approaches could help address the current challenges within the oil and gas industry's upstream market, leading to increased value creation.

McKinsey Quarterly
Dec 05, 2024

How the healthcare industry can weather ongoing challenges
Even though the industry will continue to face hurdles for the next few years, leaders can seize the moment to spur lasting improvements for their organizations and patients.

McKinsey Quarterly
Dec 05, 2024

Transforming mindsets: Nathan Bostock on banking transformations
The financial services industry is changing. Leaders who approach banking transformations boldly and engage their whole team in the process may find more success.

McKinsey Quarterly
Dec 05, 2024

What is a context window?
A context window is how information is entered into a large language model (LLM). The larger the context window, the more information the LLM is able to process at once.

McKinsey Quarterly
Dec 04, 2024

Unconventional partnerships: The real estate developer's innovation edge
Global real estate developers can find enduring success through deep collaborations with nontraditional partners. Here's how.

McKinsey Quarterly
Dec 04, 2024

Context is key: Tanguy Catlin on advancing the future of insurance
To realize gen AI's full value, insurance leaders must know how it works and what problems it can—and cannot—solve. Likewise, data and context are vital to innovating solutions for changing demands.

McKinsey Quarterly
Dec 04, 2024

Author Talks: Tony Blair on leadership essentials
What does it really take to lead a nation effectively? The former Prime Minister of the UK shares a lot of practical tips for successful leadership.

McKinsey Quarterly
Dec 03, 2024

Health media: How consumer content informs the future of healthcare
Healthcare organizations are well positioned to offer healthcare content to improve consumer experience and care outcomes, achieve marketing objectives, and create a diversified revenue source.

McKinsey Quarterly
Dec 03, 2024

The McKinsey Crossword: Lives & Legacies | No. 209
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
Dec 02, 2024

Reimagining procurement
Noting procurement's complexity, changes, and strategic importance, Dominique Lebigot, CPO of LVMH Wines and Spirits, advocates readiness for AI, supplier ecosystems, and circular economies.

McKinsey Quarterly
Dec 02, 2024

Tackling heat electrification to decarbonize industry
Most industrial heat production (more than 20 percent of global energy consumption) is generated by fossil fuels. Heat electrification technologies can help decarbonize industry and support net zero.

McKinsey Quarterly
Dec 02, 2024

Enterprise technology's next chapter: Four gen AI shifts that will reshape business technology
How tech leaders organize and manage teams, talent, IT architecture, and costs may dramatically shift in the next decade as a result of generative AI. Here's what to consider.

McKinsey Quarterly
Dec 02, 2024

AI for IT modernization: Faster, cheaper, better
Gen AI agents are starting to deliver breakthrough value, but only when companies figure out how to build and orchestrate hundreds of them.

McKinsey Quarterly
Nov 28, 2024

European nongrocery retail: Transition and transformation
After an unpredictable several years, nongrocery retailers in Europe are seeking to uncover pockets of growth. To succeed, they will need to navigate differences across markets and retail categories.

McKinsey Quarterly
Nov 27, 2024

How high performers optimize IT productivity for revenue growth: A leader's guide
New research offers business and technology leaders insights into the age-old challenge of improving IT productivity.

McKinsey Quarterly
Nov 27, 2024

How a European growth company kept on trucking through market setbacks
David Nothacker, co-founder and CEO of sennder, shares how the company weathered the ups and downs of the growth journey—and used them as a launchpad for accelerating growth.

McKinsey Quarterly
Nov 27, 2024

Author Talks: Follow the money
Money makes the world go round, but where did it come from? An award-winning geographer explains how he used data from every part of the world to visualize the development of finance over 5,000 years.

McKinsey Quarterly
Nov 27, 2024

Capturing the generative AI opportunity for the Dutch labor market
Dutch businesses can embrace generative AI to speed up automation, increase productivity, and ease labor market tightness. What is needed to accelerate adoption and capture the benefits?

McKinsey Quarterly
Nov 27, 2024

The state of grocery retail in Latin America
As signs of economic stabilization emerge, our latest report in conjunction with Kantar finds that consumers across the region are prioritizing value while exploring new shopping formats and channels.

McKinsey Quarterly
Nov 27, 2024

The capex crystal ball: Beating the odds in mining project delivery
Capital expenditures need to be deployed strategically across metals and mining projects critical for the energy transition. Intervening early and setting a clear focus can help avoid issues.

McKinsey Quarterly
Nov 26, 2024

The diamond industry is at an inflection point
After surging during the pandemic, diamond prices have reversed to multiyear lows. Proactive moves by players across the value chain can help ensure stability and longevity in the years to come.

McKinsey Quarterly
Nov 26, 2024

The McKinsey Crossword: T Day | No. 208
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
Nov 26, 2024

How the best CEOs build lasting stakeholder relationships
By developing a compelling, proprietary narrative and a sustainable communications road map, leaders can foster deeper dialogues and more meaningful connections with a wide range of stakeholders.

McKinsey Quarterly
Nov 26, 2024

Building AI trust: The key role of explainability
AI systems are powerful but often operate like "black boxes," shrouded in mystery. Here's how companies can shed some light and drive adoption of AI solutions that users trust and understand.

McKinsey Quarterly
Nov 26, 2024

A bookselling titan, a computer pioneer, and a pathbreaking neurosurgeon
Our November obituaries also include a visionary architect, a digital-arts innovator, and a Holocaust survivor whose story of tragedy and triumph became a New York Times bestseller.

McKinsey Quarterly
Nov 25, 2024

The future cement industry: A cementitious ‘golden age'?
If the cement industry can accelerate adoption of supplementary cementitious materials, it could fuel decarbonization efforts while unlocking a new horizon of value creation.

McKinsey Quarterly
Nov 25, 2024

What McKinsey learned while creating its generative AI platform
To corral its vast amount of knowledge and drive new levels of productivity, the firm embarked on a journey to develop its generative AI platform, "Lilli."

McKinsey Quarterly
Nov 22, 2024

Vince Tizzio on resilience and responsible leadership
Vince Tizzio, president and CEO of AXIS, shares how he has helped the company evolve while keeping customers, employees, and stakeholders in mind.

McKinsey Quarterly
Nov 22, 2024

Warning: Upgrade your personal operating model
Effective leaders continually adapt their priorities, roles, time, and energy practices to stay ahead of new realities. Here's why you need to do the same.

McKinsey Quarterly
Nov 22, 2024

Small but mighty: Priming biotech first-time launchers to compete with established players
Biotechs making their commercial debut can improve their launch success rate and overall financial performance by learning from successful first-time launchers.

McKinsey Quarterly
Nov 22, 2024

25 tech and infrastructure problems to solve before we can reach net zero
What's often missing from the conversation about getting to net-zero emissions is a recognition of the difficulty in transforming the complex physical assets underlying our current energy system — a system that has been optimized over centuries to deliver high performance, that is deeply embedded in the global economy, and that serves billions of people. McKinsey Global Institute Research has identified 25 significant technology and infrastructure challenges that need to be overcome. These relate not only to the development and deployment of low-emissions technologies, but also to the supply chains and underlying infrastructure that need to be transformed, write Mekala Krishnan, Chris Bradley, Humayun Tai, and Tiago Devesa in Harvard Business Review.

McKinsey Quarterly
Nov 22, 2024

Global Economics Intelligence executive summary, October 2024
Third-quarter GDP reports reveal a mixed global economy. China faces an economic slowdown; the United States sees growth; and the eurozone is stable. The IMF forecasts a slow but stable global trajectory into 2025.

McKinsey Quarterly
Nov 21, 2024

The true cost of methane abatement: A crucial step in oil and gas decarbonization
The upstream oil and gas sector alone could cut as much as 4 percent of global greenhouse gas emissions. But this will take worldwide cooperation among industry players and capital investors.

McKinsey Quarterly
Nov 21, 2024

What will it take for working women to rise?
Ten years of research reveals what's better, what's worse, and what all of us can do now to help more women advance—more quickly—at work.

McKinsey Quarterly
Nov 20, 2024

What is the future of wellness?
Wellness is about more than feeling good. It's a thriving business that is poised to keep growing.

McKinsey Quarterly
Nov 20, 2024

Digital twins: The key to unlocking end-to-end supply chain growth
Complexity, COVID-19, and competition have upended supply chain organizations. They can reignite revenue growth and deepen resilience by deploying AI-powered digital twins.

McKinsey Quarterly
Nov 20, 2024

How AI enables new possibilities in chemicals
From molecule and materials discovery to new applications and customer acquisition, AI can create opportunities across a range of promising new use cases in chemicals.

McKinsey Quarterly
Nov 20, 2024

Defying the odds to find fintech app success: A conversation with Nays' Ceyda Yalçin
The driving force behind one of Türkiye's leading banking apps explains how an offshoot of the country's largest listed bank was able to outperform hundreds of competing fintechs.

McKinsey Quarterly
Nov 19, 2024

Author Talks: Why birds of a feather flock together
A behavioral scientist reveals how our tribal instincts can be harnessed to boost performance, mend fractured relationships, and even spark widespread cultural shifts.

McKinsey Quarterly
Nov 19, 2024

Global Insurance Report 2025: Finding profitable personal lines growth
The personal property and casualty insurance industry grew in 2023, fueled by rate increases in developed markets. The opportunity now is to expand coverage to new markets and sectors.

McKinsey Quarterly
Nov 19, 2024

Global Insurance Report 2025: Growth and relevance in life and beyond
There are bright spots for growth in global life, retirement, and health insurance. But to combat stagnant demand, the industry needs to find new sources of growth beyond its core products.

McKinsey Quarterly
Nov 19, 2024

Global Insurance Report 2025: Searching for profitable growth in commercial lines
Profitable growth is increasingly hard to find. Commercial property and casualty insurers need to be deliberate about where and how they compete.

McKinsey Quarterly
Nov 19, 2024

Global Insurance Report 2025: The pursuit of growth
Finding profitable growth is an imperative for the world's personal and commercial property and casualty insurers, while life carriers must adjust to changing consumer needs.

McKinsey Quarterly
Nov 19, 2024

The McKinsey Crossword: Back Pooch | No. 207
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
Nov 19, 2024

What works—and doesn't—in performance management
New research reveals what employees find fair, what motivates them to perform, and where many organizations go wrong when it comes to feedback, compensation, and annual ratings and reviews.

McKinsey Quarterly
Nov 18, 2024

What is biodiversity?
Biodiversity is the multitude of diverse organisms across an ecosystem. It is essential for supporting the health and sustainability of all life on Earth.

McKinsey Quarterly
Nov 18, 2024

What is the future of sustainability?
The global energy transition is entering a new phase. These ten McKinsey Explainers highlight what leaders need to know to grow through—and not just react to—the new climate era.

McKinsey Quarterly
Nov 18, 2024

Getting performance reviews right
Year-end review season is here. How can organizations deliver performance reviews that motivate employees and support their development?

McKinsey Quarterly
Nov 15, 2024

Is your organization healthy? Find out with this quiz
The latest update of McKinsey's Organizational Health Index offers some twists and surprises for leaders. See if you can identify the crucial markers of a healthy organization.

McKinsey Quarterly
Nov 15, 2024

Robert Chatwani on product-led sales, a new growth frontier
Robert Chatwani, president of growth at Docusign, discusses how to drive sustainable revenue growth and brand love through product-led sales.

McKinsey Quarterly
Nov 15, 2024

The world has only deployed 10% of the climate technologies it needs to achieve net zero, new research by McKinsey shows
Despite the momentum of recent years, the fact remains that the energy transition is only in its infancy. Roughly halfway through what has been called climate's decisive decade, and in the face of rising global uncertainties, it is time for a pragmatic reality check to understand where are we really, and what it will take to get the rest of the job done, write Chris Bradley, Mekala Krishnan, and Humayun Tai in Fortune.

McKinsey Quarterly
Nov 15, 2024

Harnessing AI to reshape consumer experiences in healthcare
AI-powered solutions can unlock insights from previously inaccessible data and enable consumer engagement and personalization at an unprecedented scale, in turn lifting healthcare business outcomes.

McKinsey Quarterly
Nov 15, 2024

Delivering the strategy: The COO agenda
In recent discussions, COOs reflect on the need for an often-missing defined agenda that reflects the role's unique responsibilities. Here's how to start.

McKinsey Quarterly
Nov 15, 2024

China Brief: China Consumption - Momentum Amid Uncertainty
Recent government stimulus measures and the annual Double 11 shopping festival have generated positive momentum in China's vast consumer market.

McKinsey Quarterly
Nov 15, 2024

What does it take to run a healthy organization? Find out with this quiz
The latest update of McKinsey's Organizational Health Index offers some twists and surprises for leaders. See if you can identify the crucial drivers of a healthy organization.

McKinsey Quarterly
Nov 14, 2024

What are AI guardrails?
AI guardrails help ensure that an organization's AI tools, and their application in the business, reflect the organization's standards, policies, and values.

McKinsey Quarterly
Nov 14, 2024

Author Talks: Making tech work for us
Former member of the European Parliament Marietje Schaake offers new ideas on how to promote more effective tech oversight and close a growing accountability gap.

McKinsey Quarterly
Nov 14, 2024

The cybersecurity provider's next opportunity: Making AI safer
New technology means new challenges—and new solutions—for cybersecurity providers.

McKinsey Quarterly
Nov 14, 2024

Steering Indian insurance from growth to value in the upcoming ‘techade'
A significant share of India's people and assets remain uninsured, presenting both challenges and opportunities for the country's insurance industry.

McKinsey Quarterly
Nov 13, 2024

The European Union AI Act: Time to start preparing
A successful digital future depends on responsible use of AI. The EU AI Act marks a significant step in regulating AI systems and could serve as a blueprint for other jurisdictions.

McKinsey Quarterly
Nov 13, 2024

The CEO's essential checklist: Questions every chief executive should be able to answer
Most great CEOs rely on a set of guiding mindsets. This checklist helps them turn mindsets into practices that can steer their companies to great heights.

McKinsey Quarterly
Nov 13, 2024

Adding a powerful new tool to the field mechanic's toolbelt: AI
Ascendum partnered with McKinsey and Salesforce to give service agents the capabilities and technology to work smarter and faster in addressing customer needs.

McKinsey Quarterly
Nov 12, 2024

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McKinsey Quarterly
Nov 12, 2024

Improving organizational health in the public sector: Achieving tangible impact
Governments often face more constraints in meeting their objectives than most private sector companies do. Adopting practices that enhance organizational health can help.

McKinsey Quarterly
Nov 12, 2024

The McKinsey Crossword: Avian Similes | No. 206
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
Nov 12, 2024

Elevating the risk function in insurance: Building a strategic advantage
Today's rapidly developing risk landscape demands a new, more nimble approach for insurance companies to assess and respond to risks, a function inherently in their DNA.

McKinsey Quarterly
Nov 12, 2024

A proactive approach to navigating geopolitics is essential to thrive
Business leaders must go beyond mitigating geopolitical risks to seizing the opportunities presented by the new world order. Here's how.

McKinsey Quarterly
Nov 12, 2024

Uniting organizations with next-generation operational excellence
Next-generation operational excellence starts with lean principles, investing in people, and using technology for collaboration. McKinsey senior partners Kimberly Borden and Mike Perkins describe how.

McKinsey Quarterly
Nov 11, 2024

The State of Fashion 2025: Challenges at every turn
The global fashion industry faces economic uncertainty, a dynamic market, and consumer behavior shifts. Finding pockets of growth means navigating a complex maze.

McKinsey Quarterly
Nov 11, 2024

Drawing a BEAD: US states ramp up plans to expand broadband access
We asked five executives what's top of mind as they deploy funds from the Broadband Equity, Access, and Deployment (BEAD) Program to close the digital divide in their states.

McKinsey Quarterly
Nov 11, 2024

These industries are poised to transform the business landscape
Of the world's top 20 companies by market cap at the end of 2005, only four remained at the top as of November 2024. Most of the companies that had displaced the powerhouses of 2005 belonged to a unique category of industries that we call arenas of competition. Arenas have two defining characteristics: they capture an outsize share of the economy's growth and the market shares of the companies within them change hands at a much higher rate, writes Kweilin Ellingrud in Forbes.

McKinsey Quarterly
Nov 07, 2024

Key considerations for CEOs in the oil and gas sector
The oil and gas industry has recently seen strong financial performance and is refocusing on its core, but it still needs to find answers to drive growth post-2030.

McKinsey Quarterly
Nov 07, 2024

Supercharging product portfolio performance with generative AI
When generative AI tools do the heavy lifting, companies can optimize their product portfolios faster and more effectively.

McKinsey Quarterly
Nov 07, 2024

Capital expenditure efficiency in chemicals: An opportunity for CFOs
Chemical CFOs are tasked with driving shareholder returns in an era of rising costs. Answering five key questions can help balance spending with strategic initiatives and stakeholder returns.

McKinsey Quarterly
Nov 06, 2024

How banks can supercharge technology speed and productivity
Financial institutions can unlock the productivity of their software engineering teams to significantly boost tech innovation without increasing IT budgets.

McKinsey Quarterly
Nov 06, 2024

The best jobs in the world: How Lighthouses shape production's future
The Fourth Industrial Revolution offers companies a path to sustainability and productivity through advanced technologies. Members of the Global Lighthouse Network demonstrate this potential.

McKinsey Quarterly
Nov 06, 2024

The state of gen AI in the Middle East's GCC countries: A 2024 report card
Research shows that organizations in the region have been quick to adopt generative AI, but very few are yet seeing much benefit. Those that are demonstrate what it takes.

McKinsey Quarterly
Nov 06, 2024

What are natural climate solutions?
Natural climate solutions, or NCS, are nature-based actions that either reduce or sequester greenhouse gas emissions, helping to protect, restore, and manage nature to further global climate goals.

McKinsey Quarterly
Nov 06, 2024

Varun Parmar on how CPOs are shaping the future of sales
Adobe's Varun Parmar discusses product-led growth and emphasizes that a great product should be intuitive, deliver immediate, tangible value to users, and be the primary driver of business growth.

McKinsey Quarterly
Nov 05, 2024

Unlocking value from power and natural gas trading in North America
North America's power and natural gas markets are being remade. Players might benefit from paying attention to five trends and developing a suite of leading-edge capabilities.

McKinsey Quarterly
Nov 05, 2024

Managing risk in renewable-energy portfolios: The role of flexible assets
The growth of renewable-energy sources is making US power pricing more volatile. To reduce risk, energy players can incorporate flexible assets into their portfolios.

McKinsey Quarterly
Nov 05, 2024

The McKinsey Crossword: Zoo Crew | No. 205
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
Nov 05, 2024

The productivity imperative for Australian general insurance
In the face of challenges, Australian insurers can look to global peers for inspiration in raising their own productivity.

McKinsey Quarterly
Nov 05, 2024

How Europe's residential BESS industry can navigate global competition
Manufacturers of residential battery energy storage systems in Europe face competitive pressure from players in Asia—and they need to adjust their strategies to stay ahead.

McKinsey Quarterly
Nov 05, 2024

Active portfolio management: Five practical insights for value creation
Economic upturns come and go, and cost optimization programs take an organization only so far. But active portfolio management is the underutilized key to creating the most value.

McKinsey Quarterly
Nov 04, 2024

A turning point for private brands: How retailers can seize the opportunity
Products from private brands are appealing to consumers in new ways. Retailers can follow this well-tested recipe to improve their private-brand offerings and gain market share.

McKinsey Quarterly
Nov 04, 2024

How leaders can tap the power of vulnerability
Showing vulnerability can build connections and trust. One place to start: create a ‘to be' list rather than a ‘to do' list.

McKinsey Quarterly
Nov 04, 2024

How product-focused operations can accelerate global shipbuilding
A new operating model can help the global commercial and defense shipbuilding industry address bottlenecks and ramp up production as demand continues to soar.

McKinsey Quarterly
Nov 04, 2024

Overcoming sub-Saharan Africa's health workforce paradox
Many countries in sub-Saharan Africa face high healthcare worker unemployment—while coping with a severe shortage of healthcare professionals. Five strategic shifts may help narrow the gap.

McKinsey Quarterly
Nov 04, 2024

Redeveloping legacy sites to boost global maritime industry capacity
How can the global commercial and defense maritime industry meet the recent spike in demand while saving time and costs? With a strategic process to redevelop their existing legacy sites and assets.

McKinsey Quarterly
Nov 04, 2024

Shifting currents: The role of shipbuilders in enhancing naval fleets
As the global security context changes, government defense budgets are shifting. Shipbuilders could adjust their offerings in response to navies seeking to improve fleet capabilities and readiness.

McKinsey Quarterly
Nov 04, 2024

What an AI-powered finance function of the future looks like
Tech veteran and OpenAI CFO Sarah Friar discusses the positive potential of gen AI to change work, society, and democracy; how she is transforming the finance function; and the power of women founders.

McKinsey Quarterly
Nov 01, 2024

Why being in HR is getting tougher—and how to break through
You're not imagining it: the past five years have taken a toll on human resources. Here's how leaders can help.

McKinsey Quarterly
Nov 01, 2024

Why HR is getting tougher—and what to do about it
You're not imagining it: the past five years have taken a toll on human resources. Here's how leaders can help.

McKinsey Quarterly
Nov 01, 2024

It's the holiday season: Insights for consumer business
This year, the holiday shopping season is longer than ever. But for consumer businesses to drive sales in the final stretch, they'll need to recalibrate their sales strategies and make operational adjustments to meet shoppers' evolving needs.

McKinsey Quarterly
Nov 01, 2024

Generative AI: The packaging and paper industry's next frontier
Packaging and paper companies recognize the potential for generative AI to drive revenue and margin growth. Many have already started on this journey.

McKinsey Quarterly
Nov 01, 2024

Aviation value chain: Strong recovery brings profitability into view
Our latest analysis of the aviation value chain shows many subsectors performing ahead of 2019 levels.

McKinsey Quarterly
Oct 31, 2024

Is your ‘conglomerate discount' a performance discount or a communication problem?
A corporation with multiple businesses should not be valued less than the sum of its parts—so long as those parts perform in line with their peers and investors have the transparency they need.

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