The growth of cities in emerging markets is driving the most significant economic transformation in history. The McKinsey Global Institute’s new iPad app, Urban World, offers a sense of how economic power will move as this urban expansion takes place. The…
Big data could transform the health-care sector, but the industry must undergo fundamental changes before stakeholders can capture its full value. A big-data revolution is under way in health care. Start with the vastly increased supply of information. Over the last…
Senior executives will better balance people and priorities by embracing the paradoxes of organizational life. I often ask business leaders three simple questions. What are your company’s ten most exciting value-creation opportunities? Who are your ten best people? How many of…
Many companies don’t have one. Here’s how to get started. The payoff from joining the big-data and advanced-analytics management revolution is no longer in doubt. The tally of successful case studies continues to build, reinforcing broader research suggesting that when…
About one-third of early buyers in Japan say their next car may not be an electric vehicle. Companies should heed their complaints. If electric vehicles (EVs) are to develop from a niche into a mass market, car makers should learn from early adopters…
Montreal’s M0851 leather goods stores uses its own cultivated identity to sell its ‘slow fashions’ Frédéric Mamarbachi, founder and creator of the brand M0851, is as excited as a kid in an ice cream store when he looks at three-dimensional renderings…
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…