China’s national focus on AI, the resources it is bringing to bear on the effort and the presence of ambitious entrepreneurs could let it overtake the U.S. in the field, according to a new book. Source: Knowledge @ Wharton Is China the Next AI Superpower?

Superstar status remains contestable, it’s easy to fall from the top, and possible to rise even from bottom all the way to the top, write James Manyika, Sree Ramaswamy, and Michael Birshan in Harvard Business Review. Source: McKinsey What’s driving superstar companies, industries, and cities

To keep up with core tasks and meet the demands of breakneck digital innovation, the IT function will have to step up and make meaningful changes, especially to its workforce, according to new survey findings. Source: McKinsey Can IT rise to the digital challenge?

A new survey takes stock of apparel companies’ go-to-market processes. The findings have implications for product design, development, and delivery. Source: McKinsey Measuring the fashion world

How do the best design performers increase their revenues and shareholder returns at nearly twice the rate of their industry counterparts? Source: McKinsey The business value of design

Based on an analysis of more than 150,000 public construction contracts across 15 countries, we explore strategies for moving toward a more international construction-tender market. Source: McKinsey Building across borders: The state of internationalization in European public construction tenders

Copycats can pose an existential threat to any business. A new book discusses strategies to not only stay ahead of them, but also thrive. Source: Knowledge @ Wharton How Businesses Can Stay a Step Ahead of Copycats

Canada has become the first developed nation to legalize marijuana for recreational use. How will it affect the country’s politics and economy? Source: Knowledge @ Wharton Will Legalizing Marijuana Light Up Canada’s Economy?

As an ecommerce shop, you always need to come up with new ways to increase your revenue. But with that said, it’s a common misconception that you need to find new customers to generate more sales. That’s simply not the case. In fact, there are plenty of ways to increase revenue without acquiring new customers. Read more about How to Increase the Average Order Value on Your Ecommerce Store[…]

Is there a superstar effect? McKinsey Global Institute research uncovers the dynamics of superstar firms, sectors, and cities in the global economy. Source: McKinsey ‘Superstars’: The dynamics of firms, sectors, and cities leading the global economy