Organizations are beginning to create the structures and processes that lead to meaningful value from gen AI. While still in early days, companies are redesigning workflows, elevating governance, and mitigating more risks. Source: McKinsey The state of AI: How organizations are rewiring to capture value

Wharton professors look back at how COVID-19 upended our lives five years ago, impacting business and the economy in lasting ways.…Read More Source: Knowledge @ Wharton How COVID-19 Changed the World

Tax equity investors in wind and solar projects can benefit at the expense of cash equity promoters, and this skews investment attractiveness, a new paper finds.…Read More Source: Knowledge @ Wharton How Tax Credits in Renewable Energy Finance Distort Outcomes

Hybrid intelligence combines the best of AI and humans, leading to more sustainable, creative, and trustworthy results, writes visiting scholar Cornelia Walther.…Read More Source: Knowledge @ Wharton Why Hybrid Intelligence Is the Future of Human-AI Collaboration

Professor Alex Rees-Jones breaks down the psychology behind paying taxes and how that affects the government.…Read More Source: Knowledge @ Wharton The Psychology of Paying Taxes | Alex Rees-Jones

What does it take to really energize people and motivate them toward a goal?  Inspirational leadership might seem idiosyncratic and hard to quantify, but, according to Adam Galinsky, professor at Columbia Business School, it involves three key elements: having a vision, setting an example, and mentoring. His research shows this is true across industries and Read more about Are You an Inspirational Leader?[…]

Despite ongoing geopolitical uncertainty, the future of operations in 2025 is promising. Companies that lean into tech, cross-functional collaboration, and curiosity can power up productivity. Source: McKinsey Powering productivity: Operations insights for 2025

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: “Surf’s Up!” | No. 223[…]

With a legacy spanning nearly two centuries, Otis Worldwide continues to evolve. CEO Judy Marks discusses how she’s preparing the company for the next wave of technological and geopolitical changes. Source: McKinsey How Judy Marks leads Otis Worldwide Corporation through uncertainty and technological evolution

State and local leaders are well positioned to help water and wastewater utilities solve challenges in financial health, infrastructure resilience, economic development, and lives and livelihoods. Source: McKinsey Water resilience: Closing the funding gap for utilities