Business
The new digital edge: Rethinking strategy for the postpandemic era
One year into the COVID-19 crisis, our newest McKinsey Global Survey on digital strategy1 indicates that the pandemic has increased the pace of business and that technology capabilities will be critical to companies’ COVID-19 exit strategies as well as to what comes next. After seeing how the pandemic had sped up the adoption of digital technologies by several…
Read MoreWhat the cyber-attack on the US oil and gas pipeline means and how to increase security
The recent cyber-attack on the US major oil and gas pipeline could become one of the most expensive attacks to an economy. The increasing digitalization of critical infrastructure sectors such as oil and gas, and the associated industrial systems, is changing the nature of cyber risks. The World Economic Forum recently ran a survey among…
Read MoreWhat Happens After the Stock Market is Up Big?
In a recent piece at Fortune I looked at the history of stock market moves after such a huge gain.There are always good reasons to talk yourself out of investing in the stock market. It’s possible the market will take a breather at some point because the gains have been so strong coming off the…
Read MoreWhat’s next for remote work: An analysis of 2,000 tasks, 800 jobs, and nine countries
Can I work from home or am I tethered to my workplace? Quarantines, lockdowns, and self-imposed isolation have pushed tens of millions around the world to work from home, accelerating a workplace experiment that had struggled to gain traction before COVID-19 hit. Now, well into the pandemic, the limitations and the benefits of remote work…
Read MoreWhat 800 executives envision for the postpandemic workforce
McKinsey commissioned a survey of business executives around the world in June 2020. The results suggest that the crisis may accelerate some workforce trends already underway, such as the adoption of automation and digitization, increased demand for contractors and gig workers, and more remote work. Those changes in turn will create greater demand for workers…
Read MoreToyota beats Volkswagen to become world’s No.1 car seller in 2020
TOKYO (Reuters) – Japan’s Toyota Motor Corp overtook Germany’s Volkswagen in vehicle sales last year, regaining pole position as the world’s top selling automaker for the first time in five years as the pandemic demand slump hit its German rival harder. Toyota said on Thursday its group-wide global sales fell 11.3% to 9.528 million vehicles…
Read MoreSix problem-solving mindsets for very uncertain times
Great problem solvers are made, not born. That’s what we’ve found after decades of problem solving with leaders across business, nonprofit, and policy sectors. They’re terrific problem solvers under any conditions. And when conditions of uncertainty are at their peak, they’re at their brilliant best. Six mutually reinforcing approaches underly their success: (1) being ever-curious…
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