NEWS
Navigating COVID-19: Advice from long-term investors (by McKinsey)
"Look after employees, customers, and suppliers; adopt a through-cycle mindset; and communicate transparently. Profits and dividends will come later if you make the right moves now. The global COVID-19 pandemic has presented executives with the most challenging times...
How to restart national economies during the coronavirus crisis (by McKinsey)
"Around the world, life as we know it has changed drastically. Global leaders and millions of citizens are facing the challenge of a lifetime. The COVID-19 pandemic is threatening not only healthcare systems, but also the livelihoods of citizens and the stability of...
A deluge of data is giving rise to a new economy (The Economist)
"An army of doppelgangers is invading the world. Digital copies of aircraft engines, wind turbines and other heavy equipment came first. Now the electronic ghosts of smaller and larger things are joining them in the virtual realm, from toothbrushes and traffic lights...
Fast Times: Know where you are going
"Taking the time to fully understand your destination lets you identify the correct path to take to get there, and to see that the route which initially appears to be the right one might actually be the wrong one. When Aker BP realized it needed to liberate its...
Global AI Survey: AI proves its worth, but few scale impact
Most companies report measurable benefits from AI where it has been deployed; however, much work remains to scale impact, manage risks, and retrain the workforce. A group of high performers shows the way. Adoption of artificial intelligence (AI) continues to...
Too much management research is clear as mud
A new book argues that scientific management isn’t scientific enough Beware the guru with a theory that explains how companies behave or the perfect recipe for how firms succeed. Beware, too, the lengthy academic studies to similar effect. That is the stark...
The mindsets and practices of excellent CEOs
The CEO’s job is as difficult as it is important. Here is a guide to how the best CEOs think and act. A company has only one peerless role: chief executive officer. It’s the most powerful and sought- after title in business, more exciting, rewarding, and influential...
Latin America’s missing middle: Rebooting inclusive growth
McKinsey Global Institute Latin America used to be the world’s most prosperous emerging region, but it is on the verge of being overtaken by other regions that were long considerably poorer. It has lost ground since the 1980s despite reform initiatives because of...
How the world will change as computers spread into everyday objects
How the world will change as computers spread into everyday objects - Chips with everything The “Internet of Things” will fundamentally change the relationship between consumers and producers On august 29th, as Hurricane Dorian tracked towards America’s east coast,...
The drumbeat of digital: How winning teams play
Pace and power go hand in hand for digital leaders, which typically run four times faster and pull critical strategic levers two times harder than other companies do. Most executives we know have a powerful, intuitive feel for the rhythm of their businesses. They know...