Amid a broadly favorable climate for global banking, Gulf Cooperation Council (GCC) banks enjoyed an extraordinarily successful 2023 and are poised for a strong 2024. Source: McKinsey The state of GCC banking: An exceptional operating environment

For almost two decades, labor markets across advanced economies have tightened—and the trend is set to continue. This article provides a data-driven look via charts to understand the implications. Source: McKinsey Help wanted: Charting the challenge of tight labor markets in advanced economies

In this Nano Tool for Leaders, Penn’s David Resnick offers guidance on using helpful constraints to unlock new solutions to old problems.…Read More Source: Knowledge @ Wharton For New Ideas, Think Inside (This) Box

Researchers from Wharton, Penn, and MIT found that misleading, but factual, Facebook posts about COVID-19 vaccines were more persuasive than fake news.…Read More Source: Knowledge @ Wharton Biased News Can Be More Dangerous Than Fake News on Social Media

Wharton’s Ken Shropshire speaks with Wharton Business Daily about the anniversary of the Supreme Court’s decision to end race-based admissions at colleges and universities. …Read More Source: Knowledge @ Wharton The Supreme Court’s Affirmative Action Ruling: One Year Later

Professor Stefano Puntoni discusses his new, co-authored book about leveraging human intelligence to unlock the power of data.…Read More Source: Knowledge @ Wharton Decision-driven Analytics | Stefano Puntoni

Many managers struggle with initiating difficult conversations around an individual’s subpar performance. Often, leaders wait way too long to sit down with an employee who isn’t meeting expectations. Leadership coach Jenny Fernandez says that increasing the frequency of feedback and consciously developing better relationships with direct reports help make these conversations easier to start. Read more about When Your Employee Is Underperforming[…]

Generative AI can enhance knowledge of the credit customer journey and lead to improved outcomes. Source: McKinsey The promise of generative AI for credit customer assistance

Closing the cardiovascular-disease gap between men and women could help women regain 1.6 million years of life lost because of poor health and early death, and boost the US economy by $28 billion annually by 2040. Source: McKinsey The state of US women’s heart health: A path to improved health and financial outcomes

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: Penultimate Puzzle | No. 186[…]