Accelerator programs boost startup performance across the board, but maximizing that success depends on program design, Wharton research shows.…Read More Source: Knowledge @ Wharton Do Accelerators Improve Startup Success Rates?

Professor Lu Liu discusses the consequences of lowering mortgage interest rates during the pandemic.…Read More Source: Knowledge @ Wharton The U.S. Housing Market Has Homeowners Stuck | Lu Liu

There was a time when consumer goods companies paid musicians, athletes, and actors for endorsements, or to license their name and likeness. But in recent years, there’s been an explosion of celebrities getting into business directly, selling everything from shapewear to tequila. Ayelet Israeli, professor at Harvard Business School, says the growth of social media and online, direct-to-consumer retail accelerated this trend, but notes that not all Read more about Behind the Boom in Celebrity Brands[…]

Cash is no longer Latin Americans’ preferred way to pay, as debit cards, credit cards, and mobile payments have gained fans, presenting opportunities for financial-services companies. Source: McKinsey The rapid evolution of payments in Latin America

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: Author Talks | No. 179[…]

How should CEOs approach corporate values? When should they speak out on contentious issues? Alison Taylor breaks down how businesses can do the right thing—even when it’s not easy to. Source: McKinsey Author Talks: The business of ethics for leaders

Gen Z workers say they’re open to jobs in manufacturing. But getting them to take these jobs, engage, and stay will mean changing a work environment long optimized for machines, not people. Source: McKinsey From hire to inspire: Getting—and keeping—Gen Z in manufacturing

A geopolitical risk unit can add perspective to navigate and identify opportunities in a fragmenting world. Source: McKinsey Eye in the sky: Launching a geopolitical risk unit

The US government has demonstrated increasing interest in acquiring capabilities through as-a-service models. Many challenges could keep it from doing so—particularly in unpredictable environments. Source: McKinsey Operating at the edge: Harnessing ‘as a service’ in the US government

Pilots of generative AI commercial use cases at biopharmaceutical and medtech companies have been promising, but success at scale hinges on a clear—and budgeted—gen AI strategy and custom solutions. Source: McKinsey Early adoption of generative AI in commercial life sciences