Professor Judd Kessler explains the hidden economics that affect our lives. …Read More Source: Knowledge @ Wharton Lucky by Design | Judd Kessler

When it first came out in 2005, Freakonomics unearthed the hidden side to everything, helping bring behavioral economics to the forefront of popular culture. But it also has had lasting impacts on how leaders understand problems, how advertisers understand consumers, and how we all understand the workplace. Coauthor Stephen Dubner explains the difficulty of Read more about 20 Years of Freakonomics: How It Changed Business[…]

Managing nonfinancial risk requires far more than simply shoring up legacy systems and processes. Leading institutions focus on four actions. Source: McKinsey Operational resilience has become critical. How are banks responding?

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: Rhyming Hits | No. 255[…]

By partnering with their procurement teams, state and local government leaders can improve procurement efficiency using proven practices and leading-edge AI. Source: McKinsey Procurement efficiency: A modern strategy for state and local leaders

Scenario-based valuation that accounts for multiple potential cycles can yield more accurate forecasts Source: McKinsey How to value cyclical companies

What if insurance weren’t just a safety net—but a springboard? Here, AIA, GAIP, and McKinsey explore how insurers can build trust, personalize solutions, and empower communities. Source: McKinsey The future of insurance is personal: Insights from Asia’s industry leaders

In a new book, Wharton’s Jerry Wind and his co-authors argue that creativity is a learnable skill that becomes more powerful when paired with intelligent machines.…Read More Source: Knowledge @ Wharton Creativity in the Age of AI

CEOs experience four distinct phases of leadership—each with its unique challenges and lessons. Here’s how leaders can thrive at every stage. Source: McKinsey The four seasons of CEO leadership

Technology leaders that follow six imperatives—and take a value creation approach to spending—can achieve three times the EBITDA lift from enterprise technology in the agentic age. Source: McKinsey Triple the return: How companies can get more from enterprise tech