While many teams and organizations engage in scenario planning, most don’t go far enough. Arjan Singh, consultant and adjunct professor at Southern Methodist University, says a more disciplined approach, borrowed from the military, can help leaders truly test how their strategies, operations, and tactics hold up against competitors, shifting market dynamics, and unexpected events. He’s helped hundreds of companies identify risks and find new Read more about Why You Need to Stress Test Your Strategies (and Tactics)[…]

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: Name Us—We’re Famous | No. 183[…]

Five levers can help banks set themselves on a course to more proactive and effective interest rate risk management. Source: McKinsey Banking on interest rates: A playbook for the new era of volatility

To prepare for a world of lower fuel sales, forecourt retailers can harness advanced analytics and AI to increase revenues from electric vehicle charging and convenience. Source: McKinsey Harnessing analytics and AI to shape the future of mobility retail

European chemical manufacturers are in a difficult position, with overcapacities projected in several key value chains until 2030. Emerging sustainable product markets present a promising solution. Source: McKinsey Positioning for success in the chemical markets of the future

In a study conducted in the urban slums of Brazil, Wharton’s Leo Pongeluppe finds that economic mobility is often accompanied by social stigma.…Read More Source: Knowledge @ Wharton The Consequences of Socioeconomic Mobility

To achieve sustainable innovation, companies can embrace failure as a catalyst for driving change. Capability centers can enhance performance and promote learning in high-stakes operations. Source: McKinsey When failure is an option: Fostering organizational innovation and learning

Wharton experts speak with Cait Lamberton, marketing professor at Wharton, about her new book.…Read More Source: Knowledge @ Wharton Cait Lamberton, Author of Marketplace Dignity

Wharton professor discusses the steady fertility decline over the last decade and what impact it will have on the labor force.…Read More Source: Knowledge @ Wharton What Impact Will the Fertility Rate Decline Have on the Labor Force?

Tools for collaborating online—email, instant messengers, videoconferencing apps, cloud storage, and so many others—have become the norm for most of us. But few leaders have taken the time to learn the best ways for their teams to use these ever-present tools. Tech at Work is a four-part special series from HBR IdeaCast. Join senior Read more about Tech at Work: How to Get the Most out of Digital Collaboration Tools[…]