The CEO of a global staffing firm and a Nobel laureate economist discuss the changing face of US employment and the obstacles to job creation. The US economy has lost seven million jobs since 2007 and remains in the grip of…
A rebound signals opportunity—and a need for flexibility as the market evolves. While the private-equity business remains in the doldrums in much of the world, the Asia–Pacific region stands out as an exception. A recent McKinsey report, Private equity Asia–Pacific: Is the…
Companies whose social investments focus on women in developing economies help not only the recipients but also themselves. Few companies make social investments specifically aimed at empowering women in developing economies, but we believe that supporting this goal is good business…
To get products to customers in emerging markets, global manufacturers need strategies for navigating both the traditional and the modern retail landscapes. In emerging markets the world over, multinationals struggling to get their products to consumers confront a bewildering kaleidoscope of…
The single-largest business opportunity in Africa will be its rising consumer market. A McKinsey report, one of the first of its kind, offers a detailed profile of African consumers, including their demographics, behavior, and needs. By now, most investors and businesses…
IT and business executives need to apply a risk-management approach that balances economic value against risks. The use of highly scaled, shared, and automated IT platforms—known as cloud computing—is growing rapidly. Adopters are driven by the prospects of increasing agility and…
The year ahead could be a time of significant change for everything from banks, retailers, and infrastructure projects to pork prices, soccer, and “compulsory” vacation time. How might China surprise us in 2013? Read the ten predictions of Gordon Orr,…
Women continue to be underrepresented at senior-management levels in Asia, Europe, and North America. McKinsey research suggests some answers. The progress of women toward the upper echelons of business, government, and academia continues to provoke media attention and lively debate. Look,…
The region’s future prosperity depends on its youth. Governments must ensure that young people have the right skills for the jobs being created. The Arab world is experiencing unprecedented turmoil. Any evaluation of its root causes would include unemployment for youth…