Natural disaster costs are mushrooming while government coffers shrink. The challenge: Can corporations and public agencies better coordinate rescue and recovery efforts to improve outcomes? Source: Knowledge @ Wharton Why Corporate Participation Is Critical for Disaster Relief
The benefits of moving to flexible subscription pricing are closer than they appear, but common misconceptions hold companies back. Source: McKinsey Subscription myth busters: What it takes to shift to a recurring-revenue model for hardware and software
Even in an increasingly digital arena, the branch network can play a critical role in building trust and credibility, providing financial advice, offering convenience, and easing the transition to digital channels. Source: McKinsey Reimagining the bank branch for the digital era
Investment in unmanned aerial systems is soaring, but challenges remain. Here’s what stakeholders need to know about the evolving landscape. Source: McKinsey Commercial drones are here: The future of unmanned aerial systems
A broad redistribution of value in North American asset management is creating fundamentally new pools of value and altering competitive dynamics. Source: McKinsey Hot spots in the North American asset management landscape
Email is one of the best ways to communicate with your customers. Sending confirmation emails can help establish a stronger relationship with your current clientele. It keeps them in the loop. They won’t have to second-guess whether their order went through or whether an action they completed was successful. That’s why all companies need to Read more about How to Squeeze Revenue from Confirmation Emails[…]
Advanced analytics can extend the profit lifecycle for carmakers who know how to use it. Source: McKinsey A virtuous cycle for growth: Finding profit after the initial sale
New research from the McKinsey Global Institute analyzes firm-level financial results and finds a stark contrast in performance between the biggest U.S. manufacturing multinationals and the small and midsize firms that make up most of the sector’s establishments and employment, write Gary Pinkus, Katy George, and Sree Ramaswamy in Harvard Business Review. Source: McKinsey Read more about The first step to fixing U.S. manufacturing[…]
The Paradise Papers shed harsh light on the opaque practices of many businesses, revealing how hard it is for consumers to truly “vote” with their dollars. Source: Knowledge @ Wharton Does Your Product Boycott Really Matter?
Investors and customers once tolerated Uber’s skirmishes with regulators as the price one pays for innovation. But that may no longer be so. Source: Knowledge @ Wharton Uber’s Data Breach: Can the Company Course-correct?