Yesterday’s tentative approaches won’t deliver; you need absolute clarity about digital’s demands, galvanized leadership, unparalleled agility, and the resolve to bet boldly. If there’s one thing a digital strategy can’t be, it’s incremental. The mismatch between most incumbents’ business models and digital futures is too great—and the environment is changing too quickly—for anything but bold, inventive strategic plans to…
How secure is the global financial system, a decade after the crisis? Great strides have been made since 2008 to prevent a recurrence of the financial crisis and recession that followed. Yet there is more debt than ever in the global financial system. The world economy has recently returned to robust growth. But some familiar…
McKinsey and Company poses that small, independent teams are the lifeblood of the agile organization and that top executives can unleash them by driving ambition, removing red tape, and helping managers adjust to the new norms. But on a deeper level, what exactly does it take to set loose the independent teams that make agile organizations…
With this insert, McKinsey & Company means that in order to speed innovation and fend off disruption, R&D organizations at incumbent companies can borrow the tools and techniques that digital natives use to get ahead. Starting with the premises that between rising customer expectations and unpredictable moves by digital attackers, the existence of R&D organizations at…
Fact: We live in an age of accelerating disruption. Every company is facing up to the profound changes wrought by digitization. Industry boundaries have become permeable. Data, algorithms, and artificial intelligence are changing the nature of forecasting, decision making, and the workplace itself. All this is happening at once, and established companies are responding by rethinking…
McKinsey & Co means that few fiscal opportunities are bigger than reducing revenue leakages from tax and payment abuse. And now, new sources of data and new analytics tools are giving governments the upper hand. Read more here
