The global economy was more resilient than anticipated in 2023, but there were patchy bright spots; 2024 brings further ambiguity. Source: McKinsey Global Economics Intelligence executive summary, January 2024
Enterprises are seeing gains from generative AI in productivity and strategic planning, according to speakers at a recent Wharton conference. …Read More Source: Knowledge @ Wharton How Early Adopters of Gen AI Are Gaining Efficiencies
Empowering communities with education, opportunities, and a vision for wealth-building can pave the way to closing the wealth gap.…Read More Source: Knowledge @ Wharton What Can We Do to Narrow the Wealth Gap?
Organizations regularly reward devoted workers who put in long hours. At the same time, “always-on” communication spurred by the pandemic and new digital tools encourage workaholism. But research shows that it’s not just individuals who are harmed by overworking. Their employers are, too. Malissa Clark, associate professor and head of the Healthy Work Lab Read more about Companies Can Win by Reducing Overwork[…]
A new, tech-enabled operating model is critical if the engineering sector is to deliver the infrastructure needed for everything from climate commitments and the energy transition, to revamped cities. Source: McKinsey Reimagining engineering to deliver more projects, more efficiently
Will 2024 launch a bright new era for M&A? Anticipating what could be an inflection point, many dealmakers are preparing for a surge—and new market requirements—in the year ahead. Source: McKinsey Top M&A trends in 2024: Blueprint for success in the next wave of deals
In 2023, private markets fundraising, deal activity, and performance remained under pressure, although there were some notable exceptions across strategies and regions. Source: McKinsey Private markets: A slower era
New business building is becoming a top priority for CEOs, often in response to changing consumer demands. How can companies navigate the complexities to achieve scale? Source: McKinsey Why new business building is a CEO’s choice for growth
Eric Hazan, a senior partner based in Paris, believes Europe’s deep talent pool, along with its track record of collaboration on complex challenges can help it win the race for gen AI. Source: McKinsey It’s not too late for Europe to compete with the United States on gen AI
Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you’re looking for a quick win. Source: McKinsey The Read more about The McKinsey Crossword: Slackers | No. 168[…]