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Product development gets a makeover—with virtual reality
"Here at McKinsey, we’re perhaps best known for the strategic counsel we provide business leaders around the world. But we do much more than that. We join clients in the C-suite, on the frontlines, and everywhere in between to transform how they work, build enduring...
The road to seamless urban mobility (by McKinsey)
Will the coming mobility revolution make urban traffic better, or worse? The age of modern transit began in 1863, when the first underground railway began rolling in central London. The line was short and smoky, and nothing like it had ever been seen before. But it...
Young people and their phones are shaking up banking
“I started the business because I love milk tea myself,” says Peng Yuxia. Meet the Cow, her shop in Hangzhou, 200km south-west of Shanghai, sells the cassava-based hot drink, also known as bubble tea, to passers-by—and, increasingly, to customers who pre-order on...
At these factories, robots are making jobs better for workers (by McKinsey)
At these factories, robots are making jobs better for workers A worker leads a large industrial robot at the BMW Group Plant Regensburg, Germany. March 12, 2019 - Any minute now, some speculate, workers around the world will be asked to make way for robots. Their...
Mobility’s second great inflection point (by McKinsey)
There’s a well-known quote attributed to Henry Ford that he actually never said but that historians confirm he almost certainly believed: “If I had asked people what they wanted, they would have said faster horses.”1 The story resonates, of course, because...
Globalization in transition: The future of trade and value chains (by McKinsey)
Global value chains are being reshaped by rising demand and new industry capabilities in the developing world as well as a wave of new technologies. Even with trade tensions and tariffs dominating the headlines, important structural changes in the nature of...
How the Artificial-Intelligence Program AlphaZero Mastered Its Games (By James Somers)
"A few weeks ago, a group of researchers from Google’s artificial-intelligence subsidiary, DeepMind, published a paper in the journal Science that described an A.I. for playing games. While their system is general-purpose enough to work for many two-person games, the...
Don’t omit this crucial detail from your strategic roadmap: the first step (by McKinsey)
"Surprisingly, this is where even veteran chairmen and CEOs sometimes get stuck. They have grand visions of outcomes and performance levels. Industry leadership is presumed. But many run into a problem: There is no link between that long-term vision and the actual...
Choosing the right path to growth (by McKinsey)
"To boost organic growth, most companies need a diverse set of initiatives—and how you sequence them matters. Innovation and growth are often lumped together as management concepts, for good reason: it’s self-evident that innovation drives growth, and conspicuous fast...
Outperformers: High-growth emerging economies and the companies that propel them (by McKinsey)
"Some emerging economies have grown much faster and more consistently than others. Underlying these success stories is a pro-growth policy agenda and the standout role of large companies. Emerging economies have accounted for almost two-thirds of the world’s GDP...
