The most successful emerging-economy companies, which tend to be export-oriented, not only boost growth, but also help to spur progress in the business environment., write Anu Madgavkar and Jeongmin Seong in Project Syndicate. Source: McKinsey The emerging world’s high achievers
Current trade wars being waged by the U.S., China and others have overlooked the ways in which companies already consider national interests in their sourcing decisions. Source: Knowledge @ Wharton Want to Avoid a Trade War? Let Firms Do What Comes Naturally
How often do people visit your website? To be a successful ecommerce shop, you need to rely on website traffic that leads to conversions. That said, the same people probably aren’t navigating to your website every day. Even your most loyal customers don’t have a reason to visit your site on a daily basis. You Read more about How to Increase Your Ecommerce Product Sales with Shoppable Posts on Instagram[…]
The country’s crime rate has decreased drastically in recent years after the police commissioner shifted to a focus on prevention instead of prosecution. Source: McKinsey Transforming policing: An interview with Mike Bush, New Zealand’s police commissioner
Our research offers a comprehensive picture of the rail-infrastructure-technology industry—and a road map for rolling stock and rail infrastructure OEMs looking to craft a strategic response to the current megatrends digitization, connectivity, and autonomous-operation technology. Source: McKinsey How OEMs can succeed in digitized rail infrastructure
The post LEADING TRANSFORMATION appeared first on Innosight. Source: Innosight LEADING TRANSFORMATION
Most analysts say occasional financial crises are inevitable. So where are the biggest risks now? A panel of experts, including some who were in the historic meetings at the Fed 10 years ago, offer their views. Source: Knowledge @ Wharton Remembering ‘Lehman Weekend’: Where Are the Risks Now?
To survive and stay relevant in the modern era, your business needs to have an active presence on social media. When it comes to social networks, Facebook is king. As of June 2018, the platform had more than 1.47 billion daily active users and 2.23 billion monthly active users. Over 60 million businesses have Facebook profiles. Read more about How to Use Lifetime Value to Create a Facebook Audience That Actually Converts[…]
The failure of credit rating agencies to identify the risks of mortgage-backed securities led to huge losses in the Great Recession. The industry needs to change the way it thinks and acts, notes this opinion piece. Source: Knowledge @ Wharton It’s Time to Reimagine Credit Rating … Here’s How to Do It
In mergers, a one-size-fits-all approach for procurement synergies takes too long and leaves too much money on the table. To deliver more value sooner, match the levers you use to the type of deal you’re making. Source: McKinsey Tailoring procurement synergies to the deal