Small, independent teams are the lifeblood of the agile organization. Top executives can unleash them by driving ambition, removing red tape, and helping managers adjust to the new norms. Source: McKinsey Unleashing the power of small, independent teams
The days of stable and relatively high revenues are ending for Europe’s offshore-wind developers, owners, and operators. Making money on tomorrow’s low-price projects will require a new degree of discipline. Source: McKinsey The offshore-wind industry’s moment of reckoning
As a business owner, you have to keep coming come up with creative ways to attract new customers. But as you know, this type of marketing can be expensive. It’s much more cost-effective to market to your existing customers than to find new ones. Acquiring a new customer is six to seven times more expensive than retaining Read more about How to Implement a Customer Referral Program That Drives Sales[…]
What elements lay the groundwork for “smart infrastructure,” and how can the public sector drive them? Source: McKinsey Smarter infrastructure: A solution to the productivity puzzle?
By mitigating key risks of investing in major infrastructure projects in emerging markets, banks, governments, and international financial institutions can close the funding gap in developing Asia. Source: McKinsey How financial products can attract infrastructure capital from institutional investors
Full implementation of integrated project delivery (IPD) or other forms of alliance contracting isn’t for everyone. But everyone can and should implement collaborative contracting practices today to improve project outcomes. Source: McKinsey Collaborative contracting: Making it happen
We analyzed data from 15 European countries to better understand emerging travel industry technology and customer needs in the travel and logistics sectors. What can companies in this space do to respond to shifts and sharpen their digitization strategies? Source: McKinsey Travel and logistics: Data drives the race for customers
Howard Yu, Lego Professor of Management and Innovation at IMD Business School in Switzerland, discusses how the industrial cluster in the Swiss city of Basel is a unique example of enduring competitive advantage. He explains how early dye makers were able to continually jump to new capabilities and thrive for generations. He says the story Read more about 637: How Some Companies Beat the Competition… For Centuries[…]
The Trump administration’s tariff wars could come back to haunt U.S. businesses and consumers if left unchecked, experts warn. Source: Knowledge @ Wharton How the U.S.-led Trade Wars Imperil the Global Economy
Last month, the U.S. Justice Department gave its blessing to Disney’s acquisition of 21st Century Fox — a deal that paves the way for the creation of a mega-behemoth entertainment company. Source: Knowledge @ Wharton The Disney-Fox Deal: Why It’s About Going Directly to the Consumer