Although one in five people will experience a mental health malady as a child, effective diagnosis and treatment often remain elusive. The Child Mind Institute seeks to bring innovation to the problem. Source: McKinsey Child and adolescent mental health as a proving ground for innovation
Be careful: AI can elaborate on financial concepts, but you can’t use it yet for personal finance advice, writes Wharton’s Sarah Hammer.…Read More Source: Knowledge @ Wharton How AI-powered Financial Advice Will Help You
The OECD sees the global economy improving. Central banks’ strategies are diverging, with some cutting rates and others raising them. China announces a major stimulus, and the US Federal Reserve cuts rates. Source: McKinsey Global Economics Intelligence executive summary, September 2024
Emirates NBD partnered with McKinsey to identify growth opportunities and expand its talent—becoming an AI and advanced-analytics-driven bank. Source: McKinsey How a UAE bank transformed to lead with AI and advanced analytics
Organizations have more data than ever, but scaling it remains a challenge. Here’s how companies can benefit from the data dividend and become truly data-driven businesses. Source: McKinsey The data-driven enterprise
Telcos that use responsible AI frameworks can unlock new revenue streams and spur long-awaited growth. Source: McKinsey Responsible AI: A business imperative for telcos
Global payments are becoming simpler for users, but complexity keeps growing behind the scenes. This year’s report explores this paradox and the options for providers. Source: McKinsey Global payments in 2024: Simpler interfaces, complex reality
Wharton DEI officer and Penn Medicine’s chief of neurocritical care discuss how personal finance and health are intertwined to impact your overall well-being.…Read More Source: Knowledge @ Wharton Wealth and Health: How Financial Stability Impacts Your Well-being
As more organizations turn to procurement as a source of competitive advantage, innovation— especially applying generative AI and digital—will play a larger role, according to McKinsey partner Tarandeep Singh Ahuja, partner Riccardo Drentin and senior partner Mauro Erriquez. Source: McKinsey Where is procurement heading in the next ten years?
Many business leaders might be hesitant to operate in war-torn and impoverished regions. But a former McKinsey partner shares how doing so can unlock economic potential and improve the surrounding community. Source: McKinsey Author Talks: Building business and improving lives on the front lines