The erosion of US manufacturing isn’t a foregone conclusion. The decade ahead—with increased demand, new technology, and value chain optimization—will give the sector a chance to turn around. Source: McKinsey Making it in America: Revitalizing US manufacturing

Does cross-functional collaboration really fuel innovation and creativity, or is it a black hole of unnecessary emails and meetings? Experts discuss how it can be done more effectively. Source: Knowledge @ Wharton Too Much Togetherness? The Downside of Workplace Collaboration

Two Penn experts discuss what the Republican tax plan would would mean for individual homeowners and for the housing market. Source: Knowledge @ Wharton How the Republican Tax Plan Would Impact Real Estate

An interview about the art market with dealer Jeffrey Deitch — former director of the Museum of Contemporary Art, Los Angeles — looks the serendipitous and thorny aspects of this unique world. Source: Knowledge @ Wharton Art of the Matter: A Conversation with Jeffrey Deitch

A spate of insurance IPOs in India has put the sector in the spotlight. Given a more favorable regulatory environment, will foreign investors seek higher stakes? Source: Knowledge @ Wharton Is India’s Insurance Market Coming of Age?

Consumers are willing to pay more for choice in their interactions, yet most companies remain perplexed about which ones their customers really want—and how much to charge for them. Source: McKinsey Putting the right price on customer interactions

After consolidating power at China’s recent Party Congress, a key question is whether President Xi Jinping, facing large debts, will follow Deng Xiaoping’s path and open up China’s economy more. Source: Knowledge @ Wharton Will President Xi Jinping Let Markets Decide China’s Future?

Running a contest or a promotional giveaway is one of my favorite ways for a company to connect with their customers. But like so many other aspects of business, I see too many people doing this wrong. That’s OK – for now. While it may sound simple, promotional campaigns like this aren’t as easy as Read more about How to Run a Profitable Giveaway[…]

Lean management’s end-to-end perspective revealed the power in remaking customer journeys. Adding digital and agile makes these transformations easier, quicker, and more sustainable than ever—and at unprecedented scale. Source: McKinsey Ops 4.0: Digital enablement, driving journeys from end to end

Leaders need to determine what AI can do for their company by looking at potential applications and scenarios and then building their approach around those findings. Source: McKinsey How advanced industrial companies should approach artificial-intelligence strategy