Research co-authored by Wharton’s Amy Wang Huber introduces a new metric to measure the risk-bearing capacity of foreign exchange market intermediaries and the implications for asset prices.…Read More Source: Knowledge @ Wharton How Carry Trade Exposure Impacts Asset Price Movements

A new study weighs the positive and negative impacts of LLMs based on the exposure of tasks to the technology and their potential to be transformed by AI.…Read More Source: Knowledge @ Wharton How Large Language Models Could Impact Jobs

Wharton’s Zhenling Jiang breaks down the value of referred customers and the psychological motivation behind referrals.…Read More Source: Knowledge @ Wharton The Trick to Boosting Customer Referrals

Generative artificial intelligence is here to stay, and that means employees and managers need to think even more carefully about how to make the most effective use of it. Accenture’s H. James Wilson, global managing director of technology research and thought leadership, and Paul R. Daugherty, chief technology and innovation officer, argue that we Read more about The AI Skills You Should Be Building Now[…]

Government finance leaders can apply private sector best practices to rejuvenate government budgeting processes in an uncertain and dynamic operating environment. Source: McKinsey Deploying private sector best practices to government budgeting

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: Look Both Ways | No. 197[…]

Physicians shed light on the factors that are pushing them out of the workforce and the changes that could make them stay. Source: McKinsey The physician shortage isn’t going anywhere

Wharton professor joins the show to talk about his research on which tasks will likely be replaced or automated by large language models (LLMs). …Read More Source: Knowledge @ Wharton How Will LLMs Impact Jobs?

Banks, insurers, multi-family offices, and WealthTechs can serve the many family offices in Hong Kong and Singapore by using a framework focused on solutions, service, scalability, and security. Source: McKinsey Asia–Pacific’s family office boom: Opportunity knocks

The global head of HR for Johnson & Johnson MedTech explains why HR’s presence is critical in all phases of dealmaking. Source: McKinsey HR leaders’ role in M&A: An interview with Lisa Blair Davis