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   NEWS: MCKINSEY QUARTERLY
McKinsey Quarterly
Dec 12, 2018

A next-generation operating model for source-to-pay
A next-generation procurement operating model that capitalizes on advances in digital, data, and analytics delivers new levels of performance across the value-creation lifecycle.

McKinsey Quarterly
Dec 12, 2018

Corporate and investment banking in Mexico: Delivering value through new models
Mexico is among the most profitable markets for corporate and investment banks, and prospects are strong. However, the terms of success are changing.

McKinsey Quarterly
Dec 12, 2018

How plastics waste recycling could transform the chemical industry
Reusing plastics waste could become an important driver of profitability for chemical companies. Incumbent players need to make the right moves now to tap this opportunity.

McKinsey Quarterly
Dec 12, 2018

Learning from digital threats
Incumbent companies are finding they have strong hands to play as competition intensifies.

McKinsey Quarterly
Dec 12, 2018

Taking digital transformation to the limits at Koç Holding
The CEO and HR director of Turkey's largest industrial conglomerate describe how a leadership-development program is preparing the company for a digital future—and shaking up the status quo.

McKinsey Quarterly
Dec 12, 2018

Testing the resilience of Europe's inclusive growth model
The combination of six global megatrends is increasing the stress on Europe's inclusive growth and the EU social contract.

McKinsey Quarterly
Dec 11, 2018

The transformation of global acquiring
The traditional acquirer processing model is destined to become commoditized and less profitable. Established firms will need to choose from among set of distinct strategies in order to compete.

McKinsey Quarterly
Dec 10, 2018

Distraction or disruption? Autonomous trucks gain ground in US logistics
As logistics goes digital, profound changes are coming to industry structure, operations, and profits. In the first of a series, we examine the impact of autonomous trucks.

McKinsey Quarterly
Dec 10, 2018

Friends or foes: The rise of European aggregators and their impact on traditional insurers
After grappling with aggregators for 20 years, many European insurers have embraced them as an effective way to reach customers. We estimate that today almost 50 percent of online insurance in Europe is sold via aggregators. The implications for insurers are significant.

McKinsey Quarterly
Dec 07, 2018

Lubes growth opportunities remain despite switch to electric vehicles
Lubricating oils have traditionally been one of the most attractive areas in the oil and gas value chain, but disruption is on the horizon with the rise of electrification in the transport sector.

McKinsey Quarterly
Dec 06, 2018

Megadeals: How data and analytics can dramatically boost success
Megadeals are tricky and so rare that companies think there's not enough data to be useful. But the data isn't as scarce as they think.

McKinsey Quarterly
Dec 06, 2018

The cloud as catalyst for retail
For retailers, the cloud can do much more than reduce the cost of computing and data storage. To maximize value from cloud, retailers need to prioritize workflows that can best benefit from it. We share six opportunities for leveraging the cloud as a catalyst for accelerating delivery of business results.

McKinsey Quarterly
Dec 06, 2018

Natural language processing in healthcare
Artificial intelligence (AI) is increasingly being adopted across the healthcare industry, and some of the most exciting AI applications leverage natural language processing (NLP). Simply put, NLP is a specialized branch of AI focused on the interpretation and manipulation of human-generated spoken or written data. In this infographic, we describe a few promising NLP use cases for healthcare payers and providers. We elaborate several specific approaches and their associated applications. Finally, we lay out a case study describing how we have used NLP to accelerate benchmarking clinical guidelines.

McKinsey Quarterly
Dec 06, 2018

The European public-procurement opportunity: Delivering value in medtech
Value-based procurement is a reality today. To capture the opportunity in today's European medtech-public-procurement market fully, winners need to adapt to new realities quickly.

McKinsey Quarterly
Dec 05, 2018

The Operations 4.0 podcast: Productivity and ‘pilot purgatory'
The value from Operations 4.0 comes from how it unleashes productivity gains across a wide range of measurements. But to achieve those results, businesses must do more than launch pilot after pilot.

McKinsey Quarterly
Dec 05, 2018

Profiling tomorrow's trendsetting car buyers
Our latest survey offers a glimpse of the customers who will set the pace in the future auto market: young, urban, tech smart, and adept at mobility.

McKinsey Quarterly
Dec 05, 2018

Catalyzing the growth of the impact economy
A mature impact economy would help power economic growth while solving global social and environmental challenges. Here's what it will take to accelerate the impact economy's development.

McKinsey Quarterly
Dec 04, 2018

Building a tech-enabled ecosystem: An interview with Ping An's Jessica Tan
A culture of innovation and failing fast drives the Chinese financial conglomerate's expansion beyond traditional sector boundaries and its early adoption of emerging technologies.

McKinsey Quarterly
Dec 04, 2018

The future of automated ports
The challenges are significant, but careful planning and implementation can surmount them.

McKinsey Quarterly
Dec 03, 2018

The new CFO mandate: Prioritize, transform, repeat
Amid a raft of new duties for CFOs, our survey suggests that finance leaders are well positioned to lead the C-suite agenda by championing transformations, digitization, and capability building.

McKinsey Quarterly
Dec 03, 2018

What it takes to go agile
McKinsey partners offer perspectives on the most crucial elements to become a truly agile organization.

McKinsey Quarterly
Dec 03, 2018

Zero-based productivity—Organization: Using zero-based principles to forge a purpose-built organization
By redirecting resources and employees to higher-value areas, companies can ensure that organizational structure and spending align with business strategy.

McKinsey Quarterly
Nov 30, 2018

Building the zero-based culture
There's a soft side to zero-basing. Businesses that want zero-basing's changes to last ignore it at their peril.

McKinsey Quarterly
Nov 30, 2018

In pursuit of prosperity
Why do some emerging economies grow rapidly while others languish? New research highlights the role of public policy, effective government, and globally competitive companies.

McKinsey Quarterly
Nov 30, 2018

OFSE quarterly: Volatile end to a positive quarter
Crude oil prices rose during the third quarter to reach their highest level in four years, while increased E&P capital expenditures and continued efficiency improvements resulted in better OFSE performance.

McKinsey Quarterly
Nov 30, 2018

Permian, we have a gas problem(s)
The Permian is experiencing its first natural gas problem. Gas production is starting to exceed pipeline capacity exiting the Permian, and in-basin prices are falling as a result. Paradoxically, the second problem is a potential overreaction to the first problem: market fundamentals could attract too many pipelines, and the Permian runs the risk of having underutilized pipelines.

McKinsey Quarterly
Nov 29, 2018

Rethinking the African business opportunity
Hopes are high for Africa's long-term growth, driven by technology and basic services rather than resources. Survey respondents in Africa report more optimism—and better business practices—than peers elsewhere.

McKinsey Quarterly
Nov 29, 2018

Reviving grocery retail: Six imperatives
In the United States and Western Europe, many traditional grocery retailers are seeing their sales and margins fall—and things could get even worse. Here's how to reverse the trend.

McKinsey Quarterly
Nov 29, 2018

Seeing your way to better strategy
Viewing strategy choices through four lenses—financial performance, markets, competitive advantage, and operating model—can help companies debias their strategic dialogues and make big, bold changes.

McKinsey Quarterly
Nov 29, 2018

The European electric bus market is charging ahead, but how will it develop?
Widescale adoption of electric buses in Europe is near. There is still a lot of uncertainty around eBus battery charging strategies and the optimal type of charging hardware, mainly related to costs and operational flexibility.

McKinsey Quarterly
Nov 28, 2018

Rebooting Japan's mobility market
Digital players are revamping the country's taxi industry. These developments could have implications for other places facing similar economic, demographic, and regulatory trends.

McKinsey Quarterly
Nov 28, 2018

The product management talent dilemma
Despite product managers' central roles in software organizations, they are often neglected from a talent-management perspective. Four levers can address this industry-wide challenge.

McKinsey Quarterly
Nov 28, 2018

The rise of digital challengers - Perspective on Slovakia
Digitization could become the next economic growth engine for Slovakia.

McKinsey Quarterly
Nov 28, 2018

The State of Fashion 2019: A year of awakening
The industry as a whole is embracing new opportunities—even as dangers lurk.

McKinsey Quarterly
Nov 28, 2018

Applying artificial intelligence for social good
AI is not a silver bullet, but it could help tackle some of the world's most challenging social problems.

McKinsey Quarterly
Nov 27, 2018

A welcome change in lease-accounting rules
New rules will mean better estimates for investors, but they should have little to no effect on how companies operate and create value.

McKinsey Quarterly
Nov 26, 2018

In full swing: North America's crude prices and changing takeaway capacity
The first half of 2018 saw crude production continuing to rise in North America. US crude exports are also on the rise, but ample production growth and constrained takeaway capacity have combined to create a tight market with big discounts.

McKinsey Quarterly
Nov 22, 2018

MARPOL 2020: An opportunity for OPEC to reclaim market share
New MARPOL limits on sulfur content in marine fuels could result in 1-1.8MMb/d of additional refinery runs to produce higher volumes of marine gasoil. Such additional crude demand could provide OPEC with an opportunity to reclaim market share.

McKinsey Quarterly
Nov 22, 2018

The EU gas network resilience through advanced analytics
How advanced analytics can help you understand the European gas network system response under demand and supply discontinuities.

McKinsey Quarterly
Nov 21, 2018

The advanced-analytics solution for monitoring conduct risk
Advanced analytics and machine learning can help institutions "connect the dots" across customer and other data to detect conduct risk comprehensively and cost-effectively.

McKinsey Quarterly
Nov 21, 2018

Five key questions clients ask about our energy demand outlook to 2050
Our Global Energy Perspective summarizes our energy demand outlook to 2050. Based on client conversations we've had since its release, we're answering five key questions that give more insight into our forecast for the energy transition.

McKinsey Quarterly
Nov 21, 2018

The rise of digital challengers - Perspective on the Czech Republic
How digitization can become the next growth engine for the Czech Republic

McKinsey Quarterly
Nov 20, 2018

How Indian private equity is coming of age
As more capital becomes available, competition increases, and lessons from past excess and inexperience result in better performance, private equity firms are reevaluating their strategies and internal capabilities.

McKinsey Quarterly
Nov 20, 2018

How to win in Africa
The right strategy can unlock strong, profitable growth, explain the authors of Africa's Business Revolution.

McKinsey Quarterly
Nov 19, 2018

Smarter call-center coaching for the digital world
The demands facing contact-center staff are becoming more complex, more varied, and more valuable. That calls for a smarter coaching approach.

McKinsey Quarterly
Nov 19, 2018

Rebooting analytics leadership: Time to move beyond the math
To help their organizations capitalize on artificial intelligence and analytics, CAOs must do more than demonstrate their technical chops. They need to lead like a Catalyst.

McKinsey Quarterly
Nov 19, 2018

Full speed ahead in European asset management
Three types of firms made the most of another banner year in European asset management. Lagging performers should take note.

McKinsey Quarterly
Nov 19, 2018

Cyber risk measurement and the holistic cybersecurity approach
Comprehensive dashboards can accurately identify, size, and prioritize cyberthreats for treatment. Here is how to build them.

McKinsey Quarterly
Nov 16, 2018

How Google.org is helping workers prepare for a digital skill shift
Jacquelline Fuller, president of Google.org, shares how her organization is preparing for the future of work through online training that reaches those who need it most.

McKinsey Quarterly
Nov 15, 2018

Tech-enabled disruption of products and services: The new battleground for industrial companies
Industrial companies are finding that technology is an important link in the value chain for innovation and product development. The transformation is challenging, but there are ways to getting it started.

McKinsey Quarterly
Nov 15, 2018

Africa's overlooked business revolution
Global business leaders who misunderstand Africa run the risk of missing out on one of the 21st century's great growth opportunities.

McKinsey Quarterly
Nov 15, 2018

How bots, algorithms, and artificial intelligence are reshaping the future of corporate support functions
Industrial companies are discovering additional sources of value in applying advanced technology to general and administrative support functions. The results can be impressive for businesses that can adapt to the disruption of legacy systems.

McKinsey Quarterly
Nov 15, 2018

How disruptive technologies are opening up innovative opportunities in services
Technology and advanced analytics are revolutionizing services—and creating new sources of value for industrial companies that know how to use them. Here's a roadmap that works.

McKinsey Quarterly
Nov 15, 2018

The road to China: An opportunity for Russian gas to play out
Additional volumes of Russian gas may find their way to China in the next 15 to 30 years. Why? Piped gas from Russia to China is cost competitive against future LNG cargoes.

McKinsey Quarterly
Nov 15, 2018

The trillion-dollar opportunity for the industrial sector: How to extract full value from technology
The digital revolution is just beginning. As data, connectivity, and processing power expand, so do opportunities for industrial companies to extract value through innovative products, services, operational efficiencies, and business models.

McKinsey Quarterly
Nov 15, 2018

The new Great Game in North American asset management
The competitive landscape is being reset by a small group of visionary asset managers jockeying to deliver distinctive propositions at scale.

McKinsey Quarterly
Nov 15, 2018

The next horizon for industrial manufacturing: Adopting disruptive digital technologies in making and delivering
The key to continued performance and productivity improvement for advanced industrial companies is the use of disruptive technology in the manufacturing value chain.

McKinsey Quarterly
Nov 15, 2018

Why tech-enabled go-to-market innovation is critical for industrial companies—and what to do about it
Companies that overhaul their go-to-market strategy with savvy use of technology improve their revenue growth and customer satisfaction.

McKinsey Quarterly
Nov 14, 2018

Visualizing early childhood development
See how states are making progress to support early childhood development.

McKinsey Quarterly
Nov 14, 2018

Central and Eastern Europe needs a new engine for growth
Creating a digital, tech-driven economy could be the growth engine that ten economies in the region need.

McKinsey Quarterly
Nov 14, 2018

Automation and the future of the African American workforce
Without concerted effort, automation could heighten disparities that already harm minority workers.

McKinsey Quarterly
Nov 13, 2018

AI adoption advances, but foundational barriers remain
Survey respondents report the rapid adoption of AI and expect only a minimal effect on head count. Yet few companies have in place the foundational building blocks that enable AI to generate value at scale.

McKinsey Quarterly
Nov 13, 2018

Five Fifty: When disaster strikes
What to do when the worst happens to your company? Here are the near and far-term moves you'll need to make.

McKinsey Quarterly
Nov 13, 2018

The symbiotic relationship between organizational health and safety
Management practices focusing on "hard" incentives, rewards, and consequences, as well as on employees' mind-sets and values, make workplaces safer.

McKinsey Quarterly
Nov 12, 2018

The insurance agency of the future: Building a digital service model
For leading insurance carriers to keep up with customers and competitors, they must prioritize digital transformation—and they can begin by implementing technologies in four areas.

McKinsey Quarterly
Nov 12, 2018

Cybersecurity and the risk function
Are your information technology, cybersecurity, and risk professionals working together as a championship team to neutralize cyberthreats and protect business value?

McKinsey Quarterly
Nov 12, 2018

‘True Gen': Generation Z and its implications for companies
The influence of Gen Z—the first generation of true digital natives—is expanding.

McKinsey Quarterly
Nov 12, 2018

Merchant risk management: The new frontier in renewables
If stakeholders move away from subsidizing the renewable-energy market, developers would be exposed to wholesale prices. Renewables players thus need to position themselves strategically in their approach to long-term merchant risk.

McKinsey Quarterly
Nov 10, 2018

Digital procurement: For lasting value, go broad and deep
To get the most from procurement digitization, leaders must raise their ambitions along with their skills.

McKinsey Quarterly
Nov 09, 2018

Achieving digital alpha in asset management
The ability to generate value through digitization will increasingly separate leaders and followers in North American asset management.

McKinsey Quarterly
Nov 08, 2018

Powering the digital economy
As cheaper storage and renewables bend the electricity cost curve, utilities must refine their strategies and raise their digital game.

McKinsey Quarterly
Nov 08, 2018

New demand, new markets: What edge computing means for hardware companies
With over 100 edge use cases identified, the fast-growing need to power connected devices demands a custom response from vendors.

McKinsey Quarterly
Nov 08, 2018

The rise and rise of medtech in Asia
How can medtech companies thrive in the world's fastest-growing market?

McKinsey Quarterly
Nov 07, 2018

The executive's AI playbook
It's time to break out of pilot purgatory and more effectively apply artificial intelligence and advanced analytics throughout your organization. Our interactive playbook can help.

McKinsey Quarterly
Nov 07, 2018

From heavy industry to modern tech hub
Negotiating an economic transition is complicated. The experience of Jinan offers five lessons for other Chinese cities.

McKinsey Quarterly
Nov 06, 2018

Banks in the changing world of financial intermediation
Banks sit at the center of a vast, complex system that intermediates more than $250 trillion in global funds. What happens when the system itself is significantly streamlined and reshaped?

McKinsey Quarterly
Nov 06, 2018

Private equity operating groups and the pursuit of ‘portfolio alpha'
While this function has become ubiquitous at private equity firms, they have yet to adopt a standard approach.

McKinsey Quarterly
Nov 06, 2018

Huanyíng to the new Chinese traveler
Our new research finds that Chinese tourists are broadening their horizons in many ways.

McKinsey Quarterly
Nov 05, 2018

How to lead a successful government transition
The government transition period between an outgoing and an incoming government leader is a remarkable opportunity to capitalize on the momentum of the election and lay the foundation for success. A six-step approach can set an incoming administration on the right path.

McKinsey Quarterly
Nov 05, 2018

Black Friday 2018: Consumers are eager, more digital, and willing to spend
This annual survey helps companies better understand changing consumer attitudes about Black Friday retail and how shoppers are planning for the 2018 holiday season.

McKinsey Quarterly
Nov 05, 2018

Building digital ecosystems in Japan
Two Merck Healthcare digital specialists explain their company's transformation and the impact it has had on patients.

McKinsey Quarterly
Nov 05, 2018

Five enterprise-architecture practices that add value to digital transformations
Enterprise-architecture teams can play an integral role in transforming companies with technologies. New survey findings and firsthand experience highlight the practices that matter most.

McKinsey Quarterly
Nov 05, 2018

How leading CEOs manage their middle tenures
Five principles are useful in guiding CEOs in their third, fourth, and fifth years on the job.

McKinsey Quarterly
Nov 05, 2018

How consumer-goods companies can win in Southeast Asia
Disciplined spending, stronger partnerships with retailers and distributors, and cross-functional collaboration set winners apart. But all companies in the region need to step up their game in digitization and analytics.

McKinsey Quarterly
Nov 02, 2018

New technology, new rules: Reimagining the modern finance workforce
Innovations in technology and management practice are creating new opportunities for the finance function to add value to the business. Here's how finance teams will need to evolve to make the most of them.

McKinsey Quarterly
Nov 02, 2018

Setting the framework for car connectivity and user experience
The connectivity experience of drivers and passengers will soon be transformed, with the potential for significant value creation. Here is a framework to measure progress.

McKinsey Quarterly
Nov 01, 2018

How Mexico can become Latin America's digital-government powerhouse
Mexico's digital efforts thus far have been laudable. But higher ambitions could fuel productivity and economic growth and boost the country's GDP by 7 to 15 percent.

McKinsey Quarterly
Nov 01, 2018

Building the workforce of tomorrow, today
Software giant SAP is helping its workforce keep pace with technological change and new strategic thrusts.

McKinsey Quarterly
Oct 31, 2018

Digital R&D: The Next Frontier for Biopharmaceuticals
Digital promises to transform R&D productivity over the next decade. What will it take to realize this potential?

McKinsey Quarterly
Oct 31, 2018

Digitizing healthcare—opportunities for Germany
Society is aging and healthcare costs keep rising. By digitizing the system, health services can be provided at lower cost and higher quality. A new study reveals the areas for and extent of potential improvements.

McKinsey Quarterly
Oct 31, 2018

Genetic testing: Opportunities to unlock value in precision medicine
Advanced analysis of genomic data integrated with electronic medical records and other data sets, combined with effective reimbursement strategies and full data-regulatory compliance, will distinguish winning diagnostics companies.

McKinsey Quarterly
Oct 31, 2018

Commercial excellence in China: Lessons from the top CPG companies
What does it take for consumer-goods manufacturers to succeed in the fast-growing—and increasingly competitive—Chinese market? Our latest survey yields some answers.

McKinsey Quarterly
Oct 30, 2018

Five Fifty: Getting your story straight
Emotional stories help innovative ideas attract attention—and get funded. Here are the narratives that help good ideas break through.

McKinsey Quarterly
Oct 30, 2018

Geek meets chic: Four actions to jump-start advanced analytics in apparel
Success in the apparel industry relies on carefully balancing art and science, yet companies lag behind in the digital revolution. Here's what they can do to catch up.

McKinsey Quarterly
Oct 30, 2018

Straight talk about employee evaluation and performance management
Managing employee performance successfully requires real support for managers and a process that is recognized as fair.

McKinsey Quarterly
Oct 30, 2018

Where the life insurance industry can go from here
Our annual life insurance and annuities review finds that the industry is poised for growth but will need to improve its capacity for bold resource allocation and productivity improvement.

McKinsey Quarterly
Oct 29, 2018

Unlocking success in digital transformations
Digital transformations are even more difficult than traditional change efforts to pull off. But the results from the most effective transformations point to five factors for success.

McKinsey Quarterly
Oct 29, 2018

Mapping AI techniques to problem types
A view of new analytics techniques, focused on specific potential applications in business and the public sector.

McKinsey Quarterly
Oct 29, 2018

Digitizing the private markets firm
Managers and investors are starting to digitize their work and take advantage of analytics. Here's an overview of the latest developments.

McKinsey Quarterly
Oct 29, 2018

Automation and the future of work
The future of work looks set to be not a tale of machines replacing humans, but of machines complementing humans in the workplace, writes James Manyika in Milken Institute Review.

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