Public and private investment dollars are fueling defense innovation. The prize? A $250 billion opportunity to build a modernized defense frontier by scaling technology, from AI to quantum computing. Source: McKinsey Creating a modernized defense technology frontier
Zeta cofounder and CEO Bhavin Turakhia explains why he believes rewriting the entire banking technology stack is the right way to enable banks to transform for the future. Source: McKinsey How banks’ core technology might benefit from an ‘omnistack’
Companies seeking to invest in clean power can increase their impact and lower costs by taking a broader view—instead of focusing narrowly on their own energy use. Source: McKinsey Rethinking your company’s clean-power strategy
More than protective tariffs, the U.S. needs a comprehensive industrial strategy that addresses the entire supply chain, writes Wharton’s John Paul MacDuffie.…Read More Source: Knowledge @ Wharton The EV Trade War Alone Won’t Save American Manufacturing
Professor Daniel Rock explains how AI can impact productivity from the top down.…Read More Source: Knowledge @ Wharton AI’s Impact on Productivity and Innovation | Daniel Rock
Wharton’s Arthur van Benthem talks about the benefits of dynamic electricity pricing. …Read More Source: Knowledge @ Wharton Incentivizing Consumers to Use Energy Wisely
Amid the backlash against diversity, equity, and inclusion (DEI) initiatives in the United States and elsewhere, leaders in both the public and private sectors are reevaluating their organizations’ policies and goals. While many employers and employees still value and support DEI, a growing chorus argues that such programs run counter to meritocratic ideals. Iris Read more about If DEI Programs Aren’t Effective, What Is?[…]
The revenue potential of energy storage is often undervalued. Investors could adjust their evaluation approach to get a true estimate—improving profitability and supporting sustainability goals. Source: McKinsey Evaluating the revenue potential of energy storage technologies
Our seventh gathering of European transformation leaders found consensus about the need to empower people for change efforts to succeed. Source: McKinsey European Transformation Summit: Empowering people
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: By Leaps and Bounds | No. 219[…]