Addressing the other crisis in Europe: The corporate and technology gap

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Plus, the promise and perils facing start-ups ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
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Monthly Highlights, October 2022
Recent seismic events in Europe—including Russia’s invasion of Ukraine and the subsequent energy and cost-of-living crisis—underscore the importance of building long-term resilience in the region. But unless Europe addresses its technology gap, the region will be vulnerable across all sectors on growth and competitiveness, as well as security and strategic strength, write senior partners Sven Smit, Magnus Tyreman, Jan Mischke, and coauthors in a new report from the McKinsey Global Institute. This month, our featured story looks at the erosion of Europe’s corporate and technological competitiveness, describes the root causes, and proposes actions that can turn this challenge into a high-stakes opportunity. Other highlights in this month’s issue include the following topics:
  • venture capitalist Bill Gurley on the promise and perils facing start-ups in the current economic environment
  • what an extended period of high interest rates means for US companies
  • why organizations should make geopolitical resilience a strategic priority
  • the role of the chief information officer in combatting climate change
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Securing Europe’s competitiveness: Addressing its technology gap
Even amid war in Europe and the energy and cost of living crisis that has resulted, the region needs to pay attention to its slow-motion corporate and technology crisis.
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How to build geopolitical resilience amid a fragmenting global order
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by "McKinsey Highlights" <publishing@email.mckinsey.com> - 11:34 - 8 Oct 2022