The most effective resource allocation processes are radically simple. Source: McKinsey Keep calm and allocate capital: Six process improvements

The Rise Fund’s Maya Chorengel discusses opportunities in impact investing today and how the sector has stayed ahead of changing expectations for DEI and ESG. Source: McKinsey Maya Chorengel on building the impact investing industry

The technology could accelerate growth, but presents new challenges, including shifts in value pools, user segments, and competitive dynamics that could spur a realignment of product categories. Source: McKinsey Navigating the generative AI disruption in software

AI and automation could lower administrative and medical costs and increase revenue. But payers have yet to mobilize to transform their organizations to capture this opportunity. Source: McKinsey The AI opportunity: How payers can capture it now

Wharton Vice Dean of AI & Analytics Eric Bradlow discusses how generative AI can be leveraged to enhance our lives, and why the first step to understanding AI is to start using it.…Read More Source: Knowledge @ Wharton How Can We Meet the AI Moment?

A paper co-authored by Wharton’s Itay Goldstein provides a framework for regulators to weigh the costs and benefits of deposit insurance.…Read More Source: Knowledge @ Wharton How Optimal Deposit Insurance Can Help Prevent Bank Runs

Professor Cait Lamberton talks about her new book and how to treat customers with respect and dignity.…Read More Source: Knowledge @ Wharton Marketplace Dignity | Cait Lamberton

While many teams and organizations engage in scenario planning, most don’t go far enough. Arjan Singh, consultant and adjunct professor at Southern Methodist University, says a more disciplined approach, borrowed from the military, can help leaders truly test how their strategies, operations, and tactics hold up against competitors, shifting market dynamics, and unexpected events. He’s helped hundreds of companies identify risks and find new Read more about Why You Need to Stress Test Your Strategies (and Tactics)[…]

European chemical manufacturers are in a difficult position, with overcapacities projected in several key value chains until 2030. Emerging sustainable product markets present a promising solution. Source: McKinsey Positioning for success in the chemical markets of the future

To prepare for a world of lower fuel sales, forecourt retailers can harness advanced analytics and AI to increase revenues from electric vehicle charging and convenience. Source: McKinsey Harnessing analytics and AI to shape the future of mobility retail