A corporation with multiple businesses should not be valued less than the sum of its parts—so long as those parts perform in line with their peers and investors have the transparency they need. Source: McKinsey Is your ‘conglomerate discount’ a performance discount or a communication problem?

Creating effective teams depends on multiple factors, including high levels of trust and communication, and understanding team context. A new approach helps elevate performance and create value. Source: McKinsey Go, teams: When teams get healthier, the whole organization benefits

Our October obituaries also include a staunch advocate for older adults, a surgical innovator, and an award-winning photographer who enabled many to see underserved communities through a new lens. Source: McKinsey A corporate visionary, a retail CEO, and a fashion designer

Wharton experts discuss the Yankees and the upcoming election.…Read More Source: Knowledge @ Wharton World Series | Election Analytics

Daniel Kahneman, the psychologist whose findings helped launch behavioral economics, passed away this March. The encouraging words he shared with me offer good news for organizations. Source: McKinsey What I learned from Daniel Kahneman

After several challenging years, South Africa’s grocery market appears to be turning a corner. What are the implications for grocery players? Source: McKinsey Turning a corner: The State of Grocery Retail 2024

Many small enterprises stood in the path of two recent US hurricanes. How many firms and workers were put at risk, and which sectors could feel the greatest impact? Source: McKinsey Assessing the impact of Hurricanes Helene and Milton on small businesses

Many postal companies are still anchored to historical mail-plus-parcel business models. What could they do to stay competitive and profitable alongside pure parcel providers in the long term? Source: McKinsey Preparing post for further parcel opportunities

Retrieval-augmented generation, or RAG, is a process applied to large language models to make their outputs more relevant for the end user. Source: McKinsey What is retrieval-augmented generation (RAG)?

In the first panel of a series called “Policies That Work,” Wharton’s Jeremy Siegel and Kent Smetters dissected the 2024 presidential candidates’ proposals.…Read More Source: Knowledge @ Wharton What Lies Ahead for the Federal Debt, Interest Rates, and the U.S. Economy