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A playbook for more responsible manufacturing

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AN ARTICLE A DAY, PICKED BY OUR EDITORS
Supply chain resilience and local manufacturing are increasingly important in today’s geopolitical context. But how can organizations bolster their operations, while also engaging their workforces and driving sustainable operations? Innovation, leadership, and inspiration will be needed—and a playbook for driving responsible industry transformation is coming together, powered by insights from the 103 members of the Global Lighthouse Network (a World Economic Forum initiative in collaboration with McKinsey). Dive deeper on the six crucial enablers of transformations toward responsible production in a new article, and be sure to sign up for a Lighthouses Live event on April 6 for even more insights.
— Joyce Yoo, digital editor, New York
Scientist
 
Lighthouses reveal a playbook for responsible industry transformation
The advanced factories of the Global Lighthouse Network show how sustainability and workforce engagement can accelerate and scale Fourth Industrial Revolution transformation—responsibly.
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“Looking to the future, retailers should consider more novel ways to incorporate data and analytics into the merchandising universe. They should also seek a more diverse set of data sources instead of an overreliance on historical data. Nearly a quarter of merchant leaders cited as a top long-term priority the use of advanced analytics and AI to influence product development and to rapidly test concepts before they go to market.”
—Navigate the complexities of modern retailing and the importance of data in "Six strategic priorities for modern merchant leaders"
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There is no one-size-fits-all economic development strategy for rural communities. How can local leaders—including governments, businesses, and individuals—put rural regions on track to thrive?
Strategies to thrive   >
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by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:48 - 1 Apr 2022