Lessons from banking to improve risk and compliance and speed up digital transformations

Banks are beginning to put in place a new approach to risk and compliance that accelerates their digital transformations and improves outcomes.
Lessons from banking to improve risk and compliance and speed up digital transformations

The impact of decarbonization on the gas and LNG industry

The energy mix is shifting across industries. Developing a five- to ten-year strategy can help oil and gas companies navigate the long term.
The impact of decarbonization on the gas and LNG industry

Building cyber resilience in national critical infrastructure

Recent cyberattacks focus attention on the vulnerabilities of operations technology to web-based threats.
Building cyber resilience in national critical infrastructure

LGBTQ+ inclusion in the workplace

How to take action to support LGBTQ+ employees—not just during Pride Month, but year-round.
LGBTQ+ inclusion in the workplace

How negative emissions can help organizations meet their climate goals

Substantial negative emissions (carbon removals) are needed with emission reductions to avert catastrophic climate change. Analysis shows that negative emissions can be deployed at the required scale.
How negative emissions can help organizations meet their climate goals

Author Talks: Sandra J. Sucher on the power of trust

Trust is the most powerful force underlying the success of every business—but it can be shattered in an instant.
Author Talks: Sandra J. Sucher on the power of trust

US midcap banking: The shakeout ahead?

Midsize US banks have held their own in recent years, but competitive pressures may bring a new wave of consolidation. Those using M&A best practices will have an edge.
US midcap banking: The shakeout ahead?

Simon Pryce of Ultra Electronics on growth

Here’s how he turned an aggregation of acquisitions into a cohesive innovation engine.
Simon Pryce of Ultra Electronics on growth

Why an agile transformation office is your ticket to real and lasting impact

This structure defines goals, ensures that agility’s principles stick, and keeps the focus on value. Three design decisions are the key.
Why an agile transformation office is your ticket to real and lasting impact

The future of urban transit: A conversation with leaders from Uber and Via

Countless realities—changing customer expectations, the COVID-19 pandemic, technology—are reshaping urban transit. David Reich and Chris Snyder share their visions for the future.
The future of urban transit: A conversation with leaders from Uber and Via

Building a transport system that works: Five insights from our 25-city report

We benchmarked urban-transport systems in 25 cities around the globe to find out what goes into the making of a smooth commute.
Building a transport system that works: Five insights from our 25-city report

A more personalized world: An interview with the CEO of Tokyo Metro

Improved technology with better data, more attractive destinations, and increased harmony with infrastructure show how public transportation can help riders spend their days doing what they like.
A more personalized world: An interview with the CEO of Tokyo Metro

Winning ridership for the next normal

Transit agencies may need to win over former and new riders. Eight ideas can help them better meet rider needs.
Winning ridership for the next normal

Tapping into the future of transport with the hyperloop

Tapping into the future of transport with the hyperloop

LGBTQ+ voices: Speaking out and looking ahead

LGBTQ+ business leaders speak about the challenges they face and what it takes to make the workplace more inclusive.
LGBTQ+ voices: Speaking out and looking ahead

Post-close excellence in large-deal M&A

The most successful large-deal transactions follow four key practices during integration execution.
Post-close excellence in large-deal M&A

The McKinsey Crossword: Crew Team | No. 30

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.
The McKinsey Crossword: Crew Team | No. 30

Economic conditions outlook, June 2021

Executives’ overall views on the economy continue to improve. As more and more economies are recovering from the pandemic, perceptions of potential risks are evolving.
Economic conditions outlook, June 2021

Creating the zero-carbon mine

Despite a daunting timeline, zero-carbon mines are within reach if the right solutions are implemented.
Creating the zero-carbon mine

Can European biotechs achieve greater scale in a fragmented landscape?

World-class science and innovation need to be matched with stronger scale-up capabilities and a broader funding base if Europe is to emerge as a leader in biotech.
Can European biotechs achieve greater scale in a fragmented landscape?

Giving back in 2020: Helping create positive, enduring change in the Middle East

Our purpose is to help create positive, enduring change in the world. We are committed to doing all we can to help youth in this region get opportunities they deserve to pursue their dreams.
Giving back in 2020: Helping create positive, enduring change in the Middle East

Cloud value in cash management

A recent webinar highlights how banks can unlock significant value and competitive advantage through cloud.
Cloud value in cash management

What payers and providers can learn from successful cloud transformations in other industries

Cloud transformations can create value, but requires engagement from the entire healthcare organization.
What payers and providers can learn from successful cloud transformations in other industries

Pricing and promotions: The analytics opportunity

Many retailers underestimate the value of coordinating decisions on pricing and promotions. A new analytics approach can help.
Pricing and promotions: The analytics opportunity

Beyond gadgetry: Changing the game in maintenance

Digital work management can transform the maintenance function’s productivity, flexibility, and predictability
Beyond gadgetry: Changing the game in maintenance

Healthcare’s evolving chessboard: M&A capabilities to accelerate long-term strategy

Healthcare organizations can use M&A to drive strategic goals while securing long-term value.
Healthcare’s evolving chessboard: M&A capabilities to accelerate long-term strategy

COVID-19 Consumer Healthcare Insights: What 2021 may hold

As more Americans return to work and activities, reaching those who describe themselves “Unlikely” or “Cautious” to vaccinate remains important.
COVID-19 Consumer Healthcare Insights: What 2021 may hold

How tech will revolutionize retail

The retailer of the future will harness the power of data, quantum computing, artificial intelligence, and augmented reality, says serial entrepreneur and technology expert John Straw.
How tech will revolutionize retail

Here's how to propel 2 million Black Americans to the middle class

Eliminating racial barriers for Black Americans could initiate a wave of growth, dynamism and productivity, write Shelley Stewart and Michael Chui in CNN Business.
Here's how to propel 2 million Black Americans to the middle class

‘They will know a culture—you can’t fake it’: An interview with Texas Medical Center president and CEO Bill McKeon

The COVID-19 pandemic led one of the nation’s largest healthcare providers to work around the clock to connect data, testing access, and supplies across various public and private entities.
‘They will know a culture—you can’t fake it’: An interview with Texas Medical Center president and CEO Bill McKeon

Financial data unbound: The value of open data for individuals and institutions

Economies that embrace data sharing for finance could see GDP gains of between 1 and 5 percent by 2030, with benefits flowing to consumers and financial institutions.
Financial data unbound: The value of open data for individuals and institutions

Sleep on it: Addressing the sleep-loss epidemic through technology

Sleep deprivation has become a global problem. Can the burgeoning sleep-tech industry provide solutions?
Sleep on it: Addressing the sleep-loss epidemic through technology

Forward Thinking on China and artificial intelligence with Jeffrey Ding

This researcher is making sure more AI information flows back from China to the West, and his insights are surprising.
Forward Thinking on China and artificial intelligence with Jeffrey Ding

Lessons from a high-ROI cloud transformation journey

Some roadblocks on the cloud journey aren’t apparent until it’s under way. CUNA Mutual’s CIO and its vice president of tech products discuss their route to full cloud success.
Lessons from a high-ROI cloud transformation journey

Why your COVID-19 exit needs ‘strategy inserts’

Targeted updates to your strategy can help you fight incrementalism and hit the right “escape velocity” for recovering from the COVID-19 pandemic.
Why your COVID-19 exit needs ‘strategy inserts’

The McKinsey Crossword: Insight on Sight | No. 29

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.
The McKinsey Crossword: Insight on Sight | No. 29

In conversation: The impact of COVID-19 on capital markets

The widening gap in performance and the valuation surge among a few elite companies demonstrate the pandemic-induced acceleration of trends.
In conversation: The impact of COVID-19 on capital markets

Sweating for the fitness consumer

Fitness customers’ habits have evolved during the COVID-19 pandemic, offering fitness-industry providers the opportunity to reexamine their value propositions and target specific segments.
Sweating for the fitness consumer

This is the COVID consumer trend most likely to stick beyond the pandemic

To determine how enduring pandemic-spurred shifts may be, we examined a wide array of behaviors across five countries – China, France, Germany, the United Kingdom, and the United States — using a “stickiness” test that takes into account the preferences of consumers and workers as well as the actions of companies, write Jaana Remes and Anu Madgavkar in Market Watch.
This is the COVID consumer trend most likely to stick beyond the pandemic

The eight trends that will define 2021–and beyond

McKinsey’s global managing partner discusses the new ideas and business models transforming industry landscapes.
The eight trends that will define 2021–and beyond

The growth triple play: Creativity, analytics, and purpose

Companies that integrate creativity, analytics, and purpose are delivering at least two times the growth of their peers.
The growth triple play: Creativity, analytics, and purpose

Pharma’s digital Rx: Quantum computing in drug research and development

Quantum computing’s ability to simulate larger, more complex molecules could be game changing. Pharmaceutical companies should reflect on their strategic stance to this promising new technology now.
Pharma’s digital Rx: Quantum computing in drug research and development

Digital health: Can gamification be a winning strategy for disease management?

Sidekick Health is out to show that digital therapeutics programs can help patients more effectively manage their chronic conditions.
Digital health: Can gamification be a winning strategy for disease management?

Beyond the pandemic: Eight charts on COVID-19 and the next phase of global economic growth

Can the world economy regain more than it lost?
Beyond the pandemic: Eight charts on COVID-19 and the next phase of global economic growth

How to future-proof your organization

From project-based work to a lack of hierarchy, the way people work is changing fast. Organizations that plan for the postpandemic world are better able to deliver value—even amid uncertainty.
How to future-proof your organization

Author Talks: Mia Bay on traveling Black

In a new book, Mia Bay explores when, how, and why racial restrictions took shape and what it was like to live with them.
Author Talks: Mia Bay on traveling Black

The economic state of Black America: What is and what could be

Closing racial gaps across the economy is not only about righting historic wrongs. It is also about choosing a more dynamic future and realizing the full potential of a massively underutilized source of talent, to the benefit of all Americans.
The economic state of Black America: What is and what could be

Making supply-chain decarbonization happen

Active supply-chain decarbonization is becoming a license to operate for businesses, but companies aiming to be role models in the fight against climate change must overcome roadblocks along the way.
Making supply-chain decarbonization happen

Getting tangible about intangibles: The future of growth and productivity?

Companies that master the deployment of intangibles investment will be well positioned to outperform their peers.
Getting tangible about intangibles: The future of growth and productivity?

Cultivated meat: Out of the lab, into the frying pan

Making cultivated meat a $25 billion global industry by 2030 presents opportunities within and beyond today’s food industry.
Cultivated meat: Out of the lab, into the frying pan

The top trends in tech

Which technologies have the most momentum in an accelerating world? We identified the trends that matter most.
The top trends in tech

At the intersection of banking and technology: A conversation with Cross River Bank

In a wide-ranging interview with McKinsey’s Vijay D’Silva, Cross River’s Gilles Gade (CEO) and Adam Goller (head of fintech banking) talk tech, talent, cryptocurrency, and their role as one of the biggest US originators of Paycheck Protection Program (PPP) loans.
At the intersection of banking and technology: A conversation with Cross River Bank

The McKinsey Crossword: Starting Work | No. 28

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.
The McKinsey Crossword: Starting Work | No. 28

Prioritizing flexibility: How grocers can get the most out of technology

Grocers have realized technology is core to their strategies, but flexibility is key to generate value from new technologies—now and in the future.
Prioritizing flexibility: How grocers can get the most out of technology

Author Talks: Kristin Neff on harnessing fierce self-compassion

Kristin Neff discusses how women can balance tender self-acceptance with fierce action to claim their power—in the workplace and beyond.
Author Talks: Kristin Neff on harnessing fierce self-compassion

Insights on utilization of behavioral health services in the context of COVID-19

Behavioral health needs have increased since the pandemic began even as claims data show the use of behavioral health services has decreased. This article reflects updates based on refined methodology and analysis as of mid-2021.
Insights on utilization of behavioral health services in the context of COVID-19

In conversation: Managing in extreme uncertainty

The pandemic tested organizations’ ability to find the right balance between overreacting and underreacting. Capturing lessons from this crisis will help leaders navigate uncertainty in the future.
In conversation: Managing in extreme uncertainty

Looking beyond the pandemic: Could the world economy gain more than it lost to COVID-19?

Safeguarding lives and livelihoods in the next phase could usher in an age of health and prosperity.
Looking beyond the pandemic: Could the world economy gain more than it lost to COVID-19?

The path forward for sustainability in European grocery retail

Though grocers have focused on product safety and hygiene during the pandemic, sustainability remains a key priority for consumers and grocery CEOs alike. Now, grocers should focus on how to deliver against their commitments and empower consumers to make sustainable choices.
The path forward for sustainability in European grocery retail

The path to recovery for US hospitality

Vik Krishnan shares his views on where the US hospitality sector is headed and poses five questions for industry leaders to consider postpandemic.
The path to recovery for US hospitality

State of Fashion: Watches and Jewellery

Bringing the sparkle back: Six seismic shifts are shaping the fine jewellery and watches industries in the next five years.
State of Fashion: Watches and Jewellery

Wrapping up digital and analytics: Current value-creation opportunities for packaging players

Digital is in the early stages of adoption but offers significant potential. With the right approach, a focused packaging company can preserve value and capture growth.
Wrapping up digital and analytics: Current value-creation opportunities for packaging players

Culture in the hybrid workplace

Hybrid work is happening. Your culture will need to catch up—fast.
Culture in the hybrid workplace

Black-owned businesses face an unequal path to recovery

As the COVID-19 pandemic exacerbates systemic inequities, entrepreneurs also face the fallout of America’s racial reckoning.
Black-owned businesses face an unequal path to recovery

Diversity at work: Conversations on identity

What does diversity look like at work? And what is it like to be a part of that diversity? Colleagues discuss the complexity of convergent identities, and how allies everywhere can offer support.
Diversity at work: Conversations on identity

A conversation between David DeLallo and Maya Harris

Two colleagues on coming out—and creating community for fellow transgender colleagues
A conversation between David DeLallo and Maya Harris

A conversation between Chantal cox-George and Sophia Lau

Two colleagues talk about the ways race impacts their work experiences
A conversation between Chantal cox-George and Sophia Lau

A conversation between Michael Chui and JP Julien

Two colleagues discuss their latest research on Black Americans’ participation in the US economy
A conversation between Michael Chui and JP Julien

A conversation between Sophia Chung and Chelsea Doub

Two colleagues on piloting an intercommunity dialogue between McKinsey Black Network and Asians at McKinsey
A conversation between Sophia Chung and Chelsea Doub

Forward Thinking on artificial intelligence with Microsoft CTO Kevin Scott

How could AI help create jobs even in rural areas, and what would it take? In this podcast episode, Kevin Scott shares his ideas with James Manyika.
Forward Thinking on artificial intelligence with Microsoft CTO Kevin Scott

Transforming the end-to-end model life cycle through digitization

With increasing global complexities, those financial institutions that take a more integrated, strategic approach to model life-cycle management can unlock massive potential.
Transforming the end-to-end model life cycle through digitization

Sustainability and health are top of mind for today’s grocery retailers: An interview with Frans Muller

Ahold Delhaize’s president and CEO explains how the Belgian grocer has prioritized employees’ mental health, leveraged digital personalization tools to help consumers make healthy and sustainable food choices, and connected with the community through local initiatives.
Sustainability and health are top of mind for today’s grocery retailers: An interview with Frans Muller

No place like home? Stepping up the decentralization of clinical trials

The COVID-19 pandemic has catalyzed the adoption of decentralized clinical trials while highlighting the critical benefits of virtual trials and improving the patient and physician experience.
No place like home? Stepping up the decentralization of clinical trials

Building new digital businesses in insurance

More incumbent insurers are considering building digital businesses. Three McKinsey experts discuss what to do—and with whom.
Building new digital businesses in insurance

Looking to the skies: Funding for future air mobility takes off

Amid emerging technologies and increasing concerns about sustainability, innovative options for air mobility are gaining traction—and funding.
Looking to the skies: Funding for future air mobility takes off

Global Economics Intelligence executive summary, May 2021

Amid the agonies of a second pandemic year, the recovery gathers further momentum; business leaders and policy makers ponder rising inflation.
Global Economics Intelligence executive summary, May 2021

How insurers can reimagine G&A for the next normal

This often-overlooked function can yield significant cost savings.
How insurers can reimagine G&A for the next normal

The role of boards in fostering resilience

The lessons learned from the current crisis can help corporate boards make the organizations they serve stronger.
The role of boards in fostering resilience

Prioritizing flexibility in tech strategies can unlock new value for grocers

As European grocers realize that embracing new technology is core to their strategy, flexibility is the key to successful transformation. It’s not always about what retailers are doing in tech adoption, but how.
Prioritizing flexibility in tech strategies can unlock new value for grocers

Inventing and scaling the world’s largest urban vertical farming network

Launching a successful new business concept requires a strong purpose, a focus on research, an innovative business model, and a willingness to adapt to the market.
Inventing and scaling the world’s largest urban vertical farming network

The state of grocery in North America

As the industry looks beyond the pandemic, grocery retailers must determine which trends will endure. A focus on five areas will separate the winners from the rest of the pack.
The state of grocery in North America

Thoughtful digitization can help Romanian companies retain digital customers acquired during COVID-19

Up to 2.5 million Romanians plan to reduce their online activities after the pandemic ends, the 2021 McKinsey Digital Sentiment Survey shows. In the last 6 months, digital consumption in Romania has increased across the 11 industries studied, with 43% of the new digital joiners citing COVID-19 as the main reason. To maintain most of these recent digital adopters following the pandemic, companies will need to integrate the feedback received from customers, such as ensuring a smooth omnichannel experience.
Thoughtful digitization can help Romanian companies retain digital customers acquired during COVID-19

The McKinsey Crossword: Apple Start-ups | No. 27

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.
The McKinsey Crossword: Apple Start-ups | No. 27

Five Fifty: So you want to be a software company?

Nontech companies are turning to software-based business models for growth. Four misconceptions stand in their way.
Five Fifty: So you want to be a software company?

Unleashing technology to meet shifting grocery demand: An interview with Christoph Eltze

REWE Digital’s chairman explains how the German e-grocery leader views IT as an avenue for the company to expand its click-and-collect services and create innovative last-mile delivery solutions.
Unleashing technology to meet shifting grocery demand: An interview with Christoph Eltze

Author Talks: Gillian Tett on looking at the world like an anthropologist

Gillian Tett, the Financial Times markets and finance columnist and US managing editor, presents a radically different strategy for making sense of the business world today: anthropology.
Author Talks: Gillian Tett on looking at the world like an anthropologist

Meet your future Asian consumer

Asia’s consumer markets are not only a story of scale, but also one of diversity and shifting preferences and behavior caused by powerful demographic, social, and economic forces.
Meet your future Asian consumer

Bold moves to forge Nordic champions

Nordic companies are trailing their global peers in terms of growth and scale. McKinsey reveals five bold moves across industries to recapture profitable growth and global market share.
Bold moves to forge Nordic champions

The trailblazing consumers in Asia propelling growth

There’s more to consider than Gen Z. Powerful demographic forces are reshaping consumer behavior and causing large shifts in consumption patterns in Asia.
The trailblazing consumers in Asia propelling growth

Revisiting European utility portfolios

Utilities used to own the entire value chain, from energy generation over transmission and distribution grids to retail, until the regulation and market environment changed and new competitors entered. To survive and thrive, both incumbents and new players will need to continuously revisit portfolios.
Revisiting European utility portfolios

Building ecosystems around physical and online grocery offerings: An interview with Per Strömberg

ICA’s CEO explains how the Swedish grocery retailer is expanding its physical and online ecosystem by analyzing consumer behavior to see what nonfood items customers seek.
Building ecosystems around physical and online grocery offerings: An interview with Per Strömberg

E-commerce is shifting how European grocery retailers seek profitable growth

Winning online was a priority for growth in grocery retail even before the onset of the pandemic. Now, with the increase in online shopping, e-commerce acceleration and profitability have become top priorities for many European grocers.
E-commerce is shifting how European grocery retailers seek profitable growth

An inflection point for biosimilars

With rising US adoption, biosimilars are gathering even more momentum. Successful companies will innovate their commercial models, rethink their portfolio management, and accelerate their R&D.
An inflection point for biosimilars

EV fast charging: How to build and sustain competitive differentiation

As millions of electric vehicles hit the roads in the next decade, the need for fast charging will grow rapidly. To win in this already competitive market, providers must differentiate themselves.
EV fast charging: How to build and sustain competitive differentiation

Lessons on resilience for small and midsize businesses

Despite unprecedented challenges, many small to medium-sized businesses (SMBs) around the world have shown remarkable resilience and capacity to reinvent themselves, write Tera Allas, Michael Birshan, Anthony Impey, Charlie Mayfield, Jan Mischke, and Jonathan Woetzel in Harvard Business Review.
Lessons on resilience for small and midsize businesses

The impact of electromobility on the German electric grid

Estimates indicate that eight million electric vehicles could be on the roads in Germany by 2030. Investing in fast-charging stations and managed charging will be key to upgrading infrastructure.
The impact of electromobility on the German electric grid

Unlocking step-change improvements in biologic fermentation

A new era for expression-system optimization has arrived, prompted by advances in genetic sequencing, editing, analytics, and automation.
Unlocking step-change improvements in biologic fermentation

How COVID-19 has changed the way US consumers think about healthcare

Taking five actions can help US healthcare payers and providers improve their engagement with consumers.
How COVID-19 has changed the way US consumers think about healthcare

‘Back to human’: Why HR leaders want to focus on people again

Chief human-resource officers in Europe say a shift to employee-centric policies is long overdue. The pandemic is a big factor in their thinking, but process fatigue has been building for some time.
‘Back to human’: Why HR leaders want to focus on people again

Enhancing customers’ grocery journey through digitization: An interview with Igor Shekhterman

X5’s CEO explains how the grocery retailer is harnessing big data, AI, and digital tools to better understand what consumers want.
Enhancing customers’ grocery journey through digitization: An interview with Igor Shekhterman

The search for purpose at work

Purpose is personal, but companies play a critical role in how we express it.
The search for purpose at work

What we lose when we lose women in the workforce

A record number of women have left the US workforce during the COVID-19 crisis. A policy expert and former HR executive discuss the long-term effects—and their own experiences.
What we lose when we lose women in the workforce

Behind the trend lines: What 12 Australian families can teach us about changing consumers

A closer look at the people affected by the pandemic provides insight into how businesses can thrive in the decades to come.
Behind the trend lines: What 12 Australian families can teach us about changing consumers