NEWS
How to Create an Agile Organization (by McKinsey)
"Transforming companies to achieve organizational agility is in its early days but already yielding positive returns. While the paths can vary, survey findings suggest how to start. Rapid changes in competition, demand, technology, and regulations have made it more...
How Toys R Us Succumbed to Its Nasty Debt Problem (by Amy Merrick)
“In 1948, a young and ambitious man named Charles Lazarus took over his father’s Washington, D.C., bicycle shop. Lazarus tried selling children’s furniture, but he soon changed to toys, as he later told the New York Times, “after realizing that toys broke and had to...
Get Ready for Technological Upheaval by Expecting the Unimagined (by Sendhil Mullaitha)
Self-driving vehicles could upend the transportation sector and eliminate a million or more jobs. Algorithms that decode M.R.I.s put a whole medical subfield at risk. And the list of professions and sectors soon to be obsolete grows steadily by the day. New...
Least-improved: Efficiency eludes the construction industry (by The Economist)
"NINE years ago the first concrete was poured for Berlin Brandenburg airport. It was expected to open in 2012, to cost €1.2bn ($1.8bn) and to welcome 34m passengers each year. Today the only people in its terminals are those with hard hats. Six times over budget, the...
The global forces inspiring a new narrative of progress (by Ezra Greenberg, Martin Hirt, and Sven Smit; McKinsey)
"Growth is shifting, disruption is accelerating, and societal tensions are rising. Confronting these dynamics will help you craft a better strategy, and forge a brighter future." To read the full article, go...
What’s now and next in analytics, AI, and automation (Executive Briefing McKinsey Global Institute, May 2017)
"Innovations in digitization, analytics, artificial intelligence, and automation are creating performance and productivity opportunities for business and the economy, even as they reshape employment and the future of work." The full article can be accessed on the...
When Giants Fail by Larissa MacFarquhar
“You can tell from the way I speak I had a stroke about eighteen months ago. I’ve been learning how to speak English again, and you’ll see I still can’t come up with the right words sometimes.” The most influential business thinker on earth looked up and smiled...
Meet the Shareholders? Not at These Shareholder Meetings by Gretchen Morgenson
Companies can use technology to be open and transparent with their stakeholders, or they can deploy it to go underground. Now, as this year’s shareholder meeting season begins, investors are taking aim at directors whose companies use technology as a shield against...
Financiers Fight over the American Dream by Sheelah Kolhatkar
One day in the summer of 2011, Christine Richard arrived at the forty-second floor of a high-rise on Fifty-seventh Street in Manhattan to visit a hedge fund called Pershing Square Capital Management. Richard worked for a boutique research firm that identified “short”...
The Major Blind Spots in Macroeconomics by John Lanchester
There was an unusual degree of consensus among economists about what would happen if Britain voted for Brexit in the referendum on June 23 last year. The language used by the International Monetary Fund was typical: It expressed fears of an “abrupt reaction,” adding...