Five Fifty: Decision factories

Want to reduce the staggering cost of bad decisions? Turn your organization into a “decision factory.”
Five Fifty: Decision factories

Second-life EV batteries: The newest value pool in energy storage

With continued global growth of electric vehicles (EV), a new opportunity for the power sector is emerging: stationary storage powered by used EV batteries, which could exceed 200 gigawatt-hours by 2030.
Second-life EV batteries: The newest value pool in energy storage

Insights from McKinsey's Consumer Social Determinants of Health Survey

Survey findings shed light on how social determinants of health affect healthcare utilization rates and consumers interest in social program offerings.
Insights from McKinsey's Consumer Social Determinants of Health Survey

Decision making in the age of urgency

Decision making takes up a lot of time, much of it used ineffectively. New survey results offer lessons for making quick, high-quality decisions that support outperformance.
Decision making in the age of urgency

Unleashing Innovation With Collaboration Platforms

Going digital in collections to improve resilience against credit losses

With delinquencies on the rise, lenders need to transform their contact approaches now to suit customer preferences.
Going digital in collections to improve resilience against credit losses

Performance management in agile organizations

Performance management is tough enough in traditional organizations; in agile organizations, three changes are essential to success.
Performance management in agile organizations

Building a habit of disruption in marketing

To be successful, creative disruption must be a constant process.
Building a habit of disruption in marketing

Does AI-Flavored Feedback Require a Human Touch?

Reinforcing Switzerland’s attractiveness to multinational companies

Switzerland could reestablish itself as the leading location for multinationals by reviving its business-friendly and pragmatic mind-set.
Reinforcing Switzerland’s attractiveness to multinational companies

Why you should apply analytics to your people strategy

Bringing advanced computing power and analytics capabilities to bear on people decisions in an organization is crucial to driving lasting and effective change.
Why you should apply analytics to your people strategy

Confronting the risks of artificial intelligence

With great power comes great responsibility. Organizations can mitigate the risks of applying artificial intelligence and advanced analytics by embracing three principles.
Confronting the risks of artificial intelligence

Growth leadership is about empowering your team

Developing a marketing team focused on growth calls for leadership that is supportive, focused on performance, and has a clear vision of the CMO’s role.
Growth leadership is about empowering your team

The digital difference in measuring production performance

Measuring production performance digitally—and acting on the insights—can give a kick to the bottom line and be the first step on a digital transformation journey
The digital difference in measuring production performance

How young Chinese consumers are reshaping global luxury

Global brands face new opportunities as luxury represents a powerful form of social capital for young Chinese consumers.
How young Chinese consumers are reshaping global luxury

Transforming risk efficiency and effectiveness

An enterprise-wide risk transformation can substantially improve risk management while also sustainably trimming costs.
Transforming risk efficiency and effectiveness

Automotive software and electrical/electronic architecture: Implications for OEMs

Companies must navigate issues around strategy and technology, processes, and organization to keep up as software and electrical/electronic architecture grow more important to mobility.
Automotive software and electrical/electronic architecture: Implications for OEMs

For OEMs in the United States, the aftermarket is fertile ground

To capture value in agriculture and construction, OEMs should innovate in four areas, including mastering digital and enhancing service with the newest technologies.
For OEMs in the United States, the aftermarket is fertile ground

From third world to first in class

Rapid economic growth is blurring the distinctions among developing, emerging and advanced countries, writes Jonathan Woetzel in Milken Institute Review.
From third world to first in class

The False Choice Between Business and Ethics

Five moves to make during a digital transformation

Surveyed executives confirm that digital transformations rarely achieve success. But in those that do lie the structural elements that may help organizations overcome the odds.
Five moves to make during a digital transformation

The decoupling of GDP and energy growth: A CEO guide

Energy intensity is decreasing, renewables are gaining, and new efficiencies are on the way. Here’s how to build the resilience you need to navigate rapid change.
The decoupling of GDP and energy growth: A CEO guide

Why, and how, utilities should start to manage climate-change risk

Extreme weather events are exacting a high—and rising—price. Utilities need to devise and implement strategies to adapt.
Why, and how, utilities should start to manage climate-change risk

Automation in logistics: Big opportunity, bigger uncertainty

As e-commerce volumes soar, many logistics and parcel companies hope that automation is the answer. But as this second article in our series on disruption explains, things are not so simple.
Automation in logistics: Big opportunity, bigger uncertainty

Digital reinvention can spur South Africa’s economy

If companies in the country embrace digital, they could outpace peers and see an increase in profitability and revenue growth.
Digital reinvention can spur South Africa’s economy

Five Strategies for Investing in Your Career

Productivity transformation for US regional banks

Scale advantages are emerging for the largest US banks; their regional peers need to build highly efficient delivery models in order to compete.
Productivity transformation for US regional banks

Leisure Is Our Killer App

Short-term pain for long-term gain: The new CEO’s dilemma

CEOs who pivot to a longer view of health and performance make the right moves for their companies, though it’s sometimes their successors who reap the rewards.
Short-term pain for long-term gain: The new CEO’s dilemma

Staying competitive in next round of globalization

To remain competitive, companies in China will need to look for opportunities in the fast-growing services trade, write Jonathan Woetzel and Jeongmin Seong in China Daily.
Staying competitive in next round of globalization

Next generation technologies and the future of trade

Globalization is entering a new chapter that is being driven by flows of information and data, as well as technological changes that are reshaping industry value chains, write Susan Lund and Jacques Bughin in VOX EU.
Next generation technologies and the future of trade

Preparing for and managing through a downturn

As talk of an impending economic downturn takes hold in the business world, executives can take thoughtful steps to help their companies better weather the storm.
Preparing for and managing through a downturn

The CEO of IRIS.TV on personalization and keeping audiences engaged

Consumers today are savvy and expect personalization, especially when viewing ads. Field Garthwaite, cofounder and CEO of IRIS.TV, discusses how machine learning can help marketers deliver more relevant and noninvasive video content.
The CEO of IRIS.TV on personalization and keeping audiences engaged

Dodging Digital Blind Spots

What Chinese consumers want from fresh-food retailers

We surveyed nearly 5,000 consumers in China to discover how they buy fresh fruits, vegetables, and meats. Here’s what we learned.
What Chinese consumers want from fresh-food retailers

The new way to engage with energy customers: Personalization at scale

Energy companies struggling with customer churn can borrow lessons from retail and consumer goods to build loyalty and boost sales through personalization.
The new way to engage with energy customers: Personalization at scale

Digital identification: A key to inclusive growth

New research by the McKinsey Global Institute shows how good digital ID is a new frontier in value creation for individuals and institutions around the world.
Digital identification: A key to inclusive growth

Infographic: What is good digital ID?

An increasing number of governments and businesses are implementing digital identification programs. What makes a digital ID beneficial to both the user and the institution?
Infographic: What is good digital ID?

How providers can best confront the reality of value-based care

Value-based care models are becoming increasingly important for health systems. Implemented well, they can improve system economics, enhance care quality and outcomes, and strengthen physician alignment.
How providers can best confront the reality of value-based care

Start me up: Where mobility investments are going

Our latest mobility start-up and investment tally shows the industry invested $120 billion in the last 24 months as it prepares for the years to come.
Start me up: Where mobility investments are going

Make It Personal: Lessons From IBM on Reinventing Performance Management

Five Fifty: The legacy threat

Worried about the effect of new digital entrants on your industry and markets? Reinvented incumbents may be an equal threat.
Five Fifty: The legacy threat

A hard row to hoe—what’s in store for agricultural-input suppliers this year?

US farmers are under increasing economic pressure. A recent McKinsey survey explores how this will affect their spending on agricultural inputs.
A hard row to hoe—what’s in store for agricultural-input suppliers this year?

Beat the Odds in M&A Turnarounds

Pakistan’s start-up landscape: Three ways to energize entrepreneurship

Start-up activity has surged in Pakistan as businesses emerge to meet labor-market demands. But the country still lags behind peers.
Pakistan’s start-up landscape: Three ways to energize entrepreneurship

From diligence to delivery: Capturing value from retirement record-keeping M&A

Consolidation in the US retirement arena continues apace. To maximize deal value, firms must follow some industry-specific best practices.
From diligence to delivery: Capturing value from retirement record-keeping M&A

Can the gold industry return to the golden age?

It’s time to dig for a solution to the gold mining reserve crisis.
Can the gold industry return to the golden age?

Making the most of US opportunity zones

A new program seeks to spark development in the neediest communities and boost the national economy. Similar, past efforts offer insights that may help them succeed.
Making the most of US opportunity zones

Unlocking the economic potential of Central America and the Caribbean

The region has seen rapid growth over the past 15 years, but a number of trends could affect whether the economies continue to grow.
Unlocking the economic potential of Central America and the Caribbean

McKinsey’s approach to transformation: A conversation with Seth Goldstrom

Most transformations don’t deliver on their promises or their targets.
McKinsey’s approach to transformation: A conversation with Seth Goldstrom

Critical infrastructure companies and the global cybersecurity threat

How the energy, mining, and materials industries can meet the unique challenges of protecting themselves in a digital world.
Critical infrastructure companies and the global cybersecurity threat

The ever-changing store: Taking an agile, customer-centric approach to format redesign

Many retailers believe—rightly—that format redesign is often too risky, takes too long, and costs too much. There’s a better way.
The ever-changing store: Taking an agile, customer-centric approach to format redesign

How sharing the road is likely to transform American mobility

Increased passenger density and decreased vehicle footprint should bring strong growth for ridesharing in the decade ahead.
How sharing the road is likely to transform American mobility

Rebooting your stalled digital transformation in oil and gas

Companies often struggle to make the leap from successful pilots to organization-wide rollout, and in many cases transformation efforts have essentially stalled. Knowing where you stand and what to do next can help you quickly get back on track.
Rebooting your stalled digital transformation in oil and gas

Scaling the US East Coast offshore wind industry to 20 gigawatts and beyond

Offshore wind is poised to become a major source of power for the most densely populated area of the United States. Nine building blocks are needed to meet growth milestones and successfully scale the industry.
Scaling the US East Coast offshore wind industry to 20 gigawatts and beyond

Automation and the talent challenge in US consumer packaged goods

US consumer products companies are facing a manufacturing-labor crisis. It’s time they took a fresh look at their automation options.
Automation and the talent challenge in US consumer packaged goods

Governments can lead construction into the digital era

New technologies can advance project outcomes in the construction industry. Governments are well-poised to cultivate greater adoption.
Governments can lead construction into the digital era

Agile in the consumer-goods industry: The transformation of the brand manager

In the consumer-goods sector, agile ways of working aren’t an all-or-nothing proposition. Success depends on knowing where and how to deploy them.
Agile in the consumer-goods industry: The transformation of the brand manager

Train Your People to Think in Code

A new housing ecosystem: $3.8 trillion under one roof

Digital platforms open new opportunities for connecting, integrating, and reimagining a traditional sector. Zeroing in on specific segments and pain points shows how.
A new housing ecosystem: $3.8 trillion under one roof

How automation could affect employment for women and minorities

As adoption increases, new research looks into the consequences for women’s jobs in the United Kingdom and those of African American workers.
How automation could affect employment for women and minorities

How companies can help midlevel managers navigate agile transformations

Agile organization models have less hierarchy and fewer conventional managers. Here’s how executives making the move to agile can keep their valuable former managers engaged and motivated.
How companies can help midlevel managers navigate agile transformations

Four Profiles of Successful Digital Executives

Harnessing momentum for electrification in heavy machinery and equipment

Battery-electric adoption could offer sizable potential in heavy machinery. There’s a strong business case for some applications already—and addressing barriers could unlock more opportunity.
Harnessing momentum for electrification in heavy machinery and equipment

Revolutionizing indirect procurement for the 2020s

There’s a new vision for indirect procurement, enabled not just by new technologies but also by a radical new understanding of the value indirect procurement can generate.
Revolutionizing indirect procurement for the 2020s

Maximizing the “value” in value networks and value-based payment

Value networks and value-based payment are usually implemented independently, limiting their effectiveness. Greater alignment of these strategies can allow payers to unlock their transformative potential.
Maximizing the “value” in value networks and value-based payment

How to Lead Effective Cross-Functional Teams

Winning in a world of ecosystems

For traditional firms seeking to elevate their digital footprint, ecosystems represent an opportunity to boost growth, performance, and outshine competitors. Here's a look at what ecosystems can offer.
Winning in a world of ecosystems

The First Law of Digital Innovation

How a Group of NASA Renegades Transformed Mission Control

Fusing data and design to supercharge innovation—in products and processes

While many organizations are investing in data and design capabilities, only those that tightly weave these disciplines together will unlock their full benefits.
Fusing data and design to supercharge innovation—in products and processes

Healthcare consumerism today: Accelerating the consumer experience

McKinsey’s latest research shows that consumer engagement in healthcare continues to grow, but many payers and providers are struggling to meet changing needs and demands.
Healthcare consumerism today: Accelerating the consumer experience

Bias busters: Up-front contingency planning

Avoid throwing good money after bad by developing “contingent road maps”—plans for updating your investment strategy based on unbiased feedback from the market.
Bias busters: Up-front contingency planning

Bias busters: Premortems: Being smart at the start

Conducting a premortem can help teams anticipate project failure—and head it off at the pass.
Bias busters: Premortems: Being smart at the start

10 Principles of Modern Marketing

What every CEO needs to know about ‘superstar’ companies

The superstar effect is real, and in this new competitive environment, strategy matters more than ever.
What every CEO needs to know about ‘superstar’ companies

Five Fifty: Buy well

Procurement matters more than you might think. Here’s how to make the most of what and how you buy.
Five Fifty: Buy well

Claims 2030: Dream or reality?

Over the next decade, next-generation capabilities have the potential to completely transform the claims process. Carriers should focus on four areas to unlock value.
Claims 2030: Dream or reality?

Eight basic beliefs about capturing value in a merger

To maximize deal value in a merger, focus on critical principles.
Eight basic beliefs about capturing value in a merger

Do Men Know More About Salaries?

What’s next for biosimilars in emerging markets?

Affordable biologic therapies could help expand patients’ access to treatment in the developing world. Here’s what pharma companies must know to unlock the potential.
What’s next for biosimilars in emerging markets?

The state of the Chinese economy

As China’s GDP growth slows, what opportunities can companies in the country look to?
The state of the Chinese economy

Defining the role of a state chief operating officer

Incoming administrations may consider appointing a state COO to lead strategic operations and implement high-priority projects. Those who work with state COOs could position them for success with thoughtful role definition and strong support.
Defining the role of a state chief operating officer

Using power and technology to deliver resilience in Hudson Yards

Outfitting Manhattan’s Hudson Yards with sustainable power and technology solutions was no easy feat—but well worth the effort. Jay Cross, president of Related Hudson Yards, shares his perspective.
Using power and technology to deliver resilience in Hudson Yards

Why Hypotheses Beat Goals