Will middle managers survive the latest bout of disruption and delayering? Should they? Source: McKinsey Managing in the era of gen AI

The ECB cuts rates by 25 basis points as other central banks hold; economic survey respondents remain cautious amid global uncertainty and expect more cuts; and the EU adds tariffs on China EVs. Source: McKinsey Global Economics Intelligence executive summary, June 2024

Despite lingering concerns about inflation and the high cost of living, consumers across all ages and product categories still want to spend—thoughtfully. Source: McKinsey Think you know what consumers want? Think again.

Our July obituaries also include a CEO and media mogul, an early transgender-rights activist, a Pritzker Prize–winning architect, and an astronaut whose work inspired the establishment of Earth Day. Source: McKinsey A retail dynasty chief, a pioneer in statins, and a renowned crossword editor

Surveyed healthcare leaders say their organizations are eager to use generative AI to help enhance how healthcare stakeholders work and operate, but some are still adopting a wait-and-see approach. Source: McKinsey Generative AI in healthcare: Adoption trends and what’s next

While companies scramble to address their resiliency issues, senior leaders should be thinking further ahead. Source: McKinsey What should you be asking your team after the CrowdStrike outage?

In the post-COVID-19 era, investors pinch their pennies. Source: McKinsey Logistics start-up funding: The investor pullback continues

Demystifying the narrative around five fundamental elements will help start-ups and scale-ups grow efficiently and continuously. Source: McKinsey Inside the engine room: Debunking the myths of scaling a new business

By moving from information to action—think virtual coworkers able to complete complex workflows—the technology promises a new wave of productivity and innovation. Source: McKinsey Why agents are the next frontier of generative AI

Wharton professors recommend their favorite books, from leadership primers to biographies and social commentary.…Read More Source: Knowledge @ Wharton Summer Reading: Wharton Faculty Picks