McKinsey

OCTOBER 1, 2021

Digital finance has many aspects that can improve the workings of emerging economies and further the cause of sustainable development. Open data for finance, where financial data is shared digitally among financial institutions with limited effort or manipulation, is a powerful tool to that end, write Anu Madgavkar and Olivia White.

Finance 90

Finance Development 90

McKinsey

JUNE 9, 2023

War in Europe. Geopolitical uncertainty. Global business leaders have had a lot to deal with in the last few years, and they cannot assume the future will be any easier or more familiar.

Banking 58

Banking 58

McKinsey

AUGUST 9, 2022

In such a tight hiring market, companies need more emphasis on retaining and developing their own employees, writes McKinsey Global Institute director Kweilin Ellingrud in Forbes.

Development 77

Development 77

McKinsey

NOVEMBER 3, 2022

A large and growing slice of the American workforce has no employer-provided health care or 401(k)s to build retirement savings, and they have to pay twice as much into Social Security as their peers. These individuals don’t get paid time off and must cover their own business expenses, and their earnings can be subject to unpredictable swings.

IT 69

IT 69

McKinsey

JUNE 30, 2023

By winning the talent war, igniting business reinvention, balancing energy affordability and productivity, and shaping the economic context, CEOs can lead the charge towards restoring productivity growth, writes Kweilin Ellingrud in Forbes.

53

53

McKinsey

JUNE 9, 2023

The economic, banking, and investment landscape may well look materially different in the next ten years than it did in the last 20. But the range of possible paths forward is wide, with the best- and worst-case scenarios implying sharply different outcomes, write Olivia White, Jonathan Woetzel, and Jan Mischke in Project Syndicate.

Banking 53

Banking IT 53

McKinsey

NOVEMBER 23, 2021

The digitized, dematerialized, knowledge-based economy is already here and spreading, and offers huge potential value. The challenge for firms and policymakers is to manage the transition in a way that benefits the many and not just the few, write Eric Hazan, Jonathan Haskel and Stian Westlake in Project Syndicate. .

Management 86

Management Management 86

McKinsey

NOVEMBER 22, 2021

Its share of global net worth was the highest among 10 countries included in MGI’s The Rise and Rise of the Global Balance Sheet report that explores the vitality of the global economy via its balance sheet, write Jonathan Woetzel and Jan Mischke in China Daily. The world's wealth has increased vastly over the past two decades?and

IT 76

IT 76

McKinsey

SEPTEMBER 13, 2021

Just when consumers think it’s safe to draw down their pandemic reserve of toilet paper, many are finding stockouts and price increases on other products. Unexpected price increases on a wide range of products raise questions about when consumer product markets will return to normal.

84

84

McKinsey

AUGUST 19, 2022

New research from McKinsey that studied the career progression of some 4 million workers over a decade revealed the factors behind dramatic surges in lifetime earnings, write Sven Smit, Anu Madgavkar, and Bill Schaninger in Fast Company.

Career 66

Career 66

McKinsey

JANUARY 23, 2023

The pandemic, Ukraine, geopolitical stress, climate change, and macroeconomic uncertainty: These are turbulent times. No wonder business leaders and policymakers are re-examining everything from their supply chains to their trading patterns.

IT 57

IT 57

McKinsey

FEBRUARY 24, 2023

Over the last three years, companies have faced a series of challenges and crises, from a global pandemic and supply challenges to inflation and rapidly rising food and energy costs.

Strategy 55

Strategy Food Development 55

McKinsey

OCTOBER 22, 2021

Asia is the world’s consumption growth engine—miss Asia and you could miss half the global picture, a $10 trillion consumption growth opportunity over the next decade, write Jeongmin Seong and Tiago Devaso in Brookings Future Development blog.

Engineering 80

Engineering Development 80

McKinsey

JUNE 21, 2021

To determine how enduring pandemic-spurred shifts may be, we examined a wide array of behaviors across five countries – China, France, Germany, the United Kingdom, and the United States — using a “stickiness” test that takes into account the preferences of consumers and workers as well as the actions of companies, write Jaana Remes and Anu Madgavkar (..)

Accounting 85

Accounting 85

McKinsey

NOVEMBER 3, 2022

Years of remarkable progress in health, wealth, education, and the deepening of global interconnections have made people much better off overall. But the world has entered a new period of turbulence, and it remains to be seen what new rules and institutions will emerge from it, writes Chris Bradley in Project Syndicate.

Education 60

Education IT 60

McKinsey

JUNE 9, 2023

When assessing human progress, granularity matters. What we see the closer we get to ground truth is often quite different from the picture painted at a national or subcontinental level, write Chris Bradley and Gautam Kumra in The Edge.

Strategy 47

Strategy 47

McKinsey

AUGUST 25, 2022

It may seem counterintuitive for employers to double down on learning and development at a time when workers are becoming more mobile. But recent research across four leading economies suggests that such a strategy is more important than ever, write Christopher Pissarides and Anu Madgavkar in Project Syndicate.

Strategy 60

Strategy Development IT 60

McKinsey

MAY 11, 2021

The future of productivity and economic growth in the US and Europe is uncertain. This column reviews evidence from eight economic sectors to lay out the key conditions for sustained recovery from the Covid-19 crisis.

IT 81

IT 81

McKinsey

JUNE 17, 2022

People grow and add skills by varying their work experience—in other words, by moving, write Bill Schaninger and Anu Madgavkar in Fortune.

71

71

McKinsey

JUNE 17, 2022

The McKinsey Global Institute used big data to examine 4 million real-world job histories and found that meaningful work experience is critical to human capital development.

Professional development 60

Professional development Development Education 60

McKinsey

FEBRUARY 22, 2023

Since 2005, productivity growth has been lackluster, averaging 1.4% a year, compared to the post-World War II average of 2.2%. That is a problem. Increasing productivity–economic output per unit of input–maintains U.S. competitiveness and improves our quality of life.

Engineering 47

Engineering IT 47

McKinsey

NOVEMBER 29, 2021

The world is richer than it has ever been, but the way in which we create wealth has changed. Should we be using our wealth more productively? Jonathan Woetzel, Anu Madgavkar and Jan Mischke highlight their research findings. .

IT 65

IT 65

McKinsey

JUNE 4, 2021

Despite unprecedented challenges, many small to medium-sized businesses (SMBs) around the world have shown remarkable resilience and capacity to reinvent themselves, write Tera Allas, Michael Birshan, Anthony Impey, Charlie Mayfield, Jan Mischke, and Jonathan Woetzel in Harvard Business Review.

71

71

McKinsey

MARCH 14, 2022

Solving a fundamentally global, borderless problem requires an unprecedented level of global collaboration, write Hamid Samandari and Mekala Krishnan in Fortune.

61

61

McKinsey

OCTOBER 1, 2021

China’s consumption story is evolving. Rising incomes still matter, but the primary feature of the next decade may very well be the impact of sweeping demographic and social change that is coinciding with the rapid march of technology. To find the consumers who will drive China’s growth, you need to look at very different groups of individuals.

65

65

McKinsey

JULY 14, 2021

The COVID-19 pandemic has exposed the fragility of global supply chains and highlighted the public health and national security implications of supply chain vulnerability. Policy reactions have focused on limiting exports and encouraging domestic production.

67

67

McKinsey

MARCH 14, 2022

Reaching net-zero emissions by 2050 – and thus limiting the rise in global temperatures to 1.5°C C above pre-industrial levels – implies profound economic and societal shifts. According to a new report, a successful transition would have six key characteristics, writes Mekala Krishnan in Project Syndicate.

57

57

McKinsey

FEBRUARY 1, 2022

In economic and social terms, Gautam Kumra and Jonathan Woetzel explain how achieving this goal will impact everyone globally in The Business Times. .

IT 63

IT 63

McKinsey

JANUARY 31, 2022

As the world stands at the start of 2022, consider this: Economic growth, if pursued sustainably and inclusively, could be a force for societal good, write Asutosh Padhi, Sven Smit, and Anu Madgavkar in Fortune. .

55

55

McKinsey

MARCH 18, 2022

There is ongoing debate over how to judge a company's performance beyond profits alone. This column devises a way of accounting for who benefits from a company's value creation and why.

Accounting 54

Accounting Performance 54

McKinsey

NOVEMBER 13, 2020

Using the tools it has today, China can transform its aging population into a vital social and economic force supporting the country’s growth, writes Jonathan Woetzel in China Daily.

IT 73

IT 73

McKinsey

MARCH 21, 2022

Companies that prepare for the opportunities and risks that India’s net-zero transition entails will raise their odds of thriving, write Rajat Gupta and Suvojoy Sengupta in Mint.

52

52

McKinsey

JANUARY 5, 2021

Asia’s rapid emergence as a global technological leader over the last decade is a testament to the power of collaboration, write Jonathan Woetzel and Jeongmin Seong in Project Syndicate.

67

67

McKinsey

MARCH 18, 2021

A sustained recovery to an economy with full employment and ample “good jobs” will require a significant reallocation of workers from the low-wage, low-skill positions that have been eliminated to new ones requiring higher skills and more training, write Laura Tyson and Susan Lund in Los Angeles Times.

61

61

McKinsey

FEBRUARY 1, 2022

More investment in intangible assets will help recalibrate the region's economy, write Jonathan Woetzel and Joydeep Sengupta in Nikkei Asia. .

IT 55

IT 55

McKinsey

SEPTEMBER 22, 2020

Company executives are looking to more deeply understand their supply chains, shift from “just-in-time” to a more robust inventory management approach, and increase their supply chain transparency and resilience, writes Kweilin Ellingrud in Forbes.

Management 66

Management Management 66

McKinsey

APRIL 12, 2021

Serving the interests of stakeholders, employees, communities and the broader public is not necessarily at odds with the imperative of profit, write Jan Mischke, Jonathan Woetzel, and Michael Birshan in Milken Institute Review.

58

58