The CEO and cofounder of Drop discusses spinning off an adjacent business under a new brand during the COVID-19 pandemic while still scaling up the initial startup. Source: McKinsey How to find opportunity in a crisis: Launching a spinoff business
Wharton experts speak with Mark Broadie, creator of Strokes Gained.…Read More Source: Knowledge @ Wharton Golf Analytics & The Masters
Can open-source software unlock the scalability the autonomous-vehicle industry has struggled to achieve amid varied successes and setbacks? Shinpei Kato, CEO of TIER IV, shares his vision for how it might. Source: McKinsey Unlocking autonomous vehicle development: TIER IV’s open source blueprint
Christopher Ailman, chief investment officer of the California State Teachers’ Retirement Fund, explains how performance can be enhanced by culture, diversification, and limiting CIO turnover. Source: McKinsey How institutional investors can gain a performance edge
CEO Yves Claude shares insights into Auchan’s commitment to sustainability with local sourcing and long-term supplier relationships as it expands significantly across geographies. Source: McKinsey A growth journey toward green and local
Reitan Retail’s CEO talks about two milestone deals that show the distinctiveness of the company’s discounter model. Source: McKinsey Simplicity, efficiency, and sustainability in discount grocery
CEO Niklas Östberg explains how Delivery Hero is doubling down on grocery delivery to unlock further growth. Source: McKinsey Meal delivery shouldn’t be a luxury
Lionel Souque, CEO of Rewe Group, explains how his company is building the future through digitalization, retail media, and sustainability. Source: McKinsey Building the future: Focusing on digitalization and sustainability
Although economic uncertainty will likely persist in 2024, grocery retailers could fuel profitable growth by future-proofing the assortment, driving efficiency savings, and monetizing retail media. Source: McKinsey State of Grocery Europe 2024: Signs of Hope
New managers typically receive no training for their new role. Wharton’s Peter Cappelli discusses three common struggles and how to avoid them.…Read More Source: Knowledge @ Wharton Three Things All New Managers Should Be Doing