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…
Winning the $30 trillion decathlon: How to succeed in emerging markets EPIC
Looming imbalances in global labor pools could make it harder for some companies to find enough skilled workers and for some less-skilled workers to find jobs. Technological advances, industrialization, and liberalized trade have created a staggering 900 million nonfarm jobs in…
Dynamic domestic players and focused multinationals are helping China churn out a growing number of innovative products and services. Intensifying competition lies ahead; here’s a road map for navigating it. China is innovating. Some of its achievements are visible: a doubling…
Most international businesses and investors know that modern Indonesia boasts a substantial population and a wealth of natural resources. But far fewer understand how rapidly the nation is growing. Home to the world’s 16th-largest economy, Indonesia is booming thanks largely…
Africa at work: Job creation and inclusive growth African economies are on the move. The continent has been the second-fastest-growing region in the world over the past decade. GDP is on course to expand by 4.8% in 2012. The acceleration…