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How four economic scenarios could shape your business strategy

4 scenarios ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
The Daily Read
The Daily Read

Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities

For the last two decades, the world’s “balance sheet”—the sum of global assets and liabilities—grew much faster than GDP. But now, amid recent global turbulence, there are signs that the world could be shifting to a new economic regime. Could it be one that steers the world’s economy back towards productive growth? The McKinsey Global Institute (MGI) developed four distinct scenarios that chart a possible path to the future. To learn more about how these scenarios could impact your operating strategies, check out this McKinsey Quarterly article by McKinsey senior partners Michael Birshan and Olivia White, MGI director, as well as MGI partner Jan Mischke. And if you’re interested in AI’s potential to transform industries, shift the workforce, and add as much as $4.4 trillion annually in economic value, be sure to check out the McKinsey Chart of the Day, which explores the implications of AI all this week.
An image linking to the web page “Why the path of global wealth and growth matters for strategy” on McKinsey.com.
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Quote of the day

Chart of the day
A chart titled “Automotive pulls away as the leading industry to put AI and machine learning to use.” Click to open the full article on McKinsey.com.

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— Edited by Emily Adeyanju, editor, Charlotte
McKinsey & Company

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by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:30 - 23 Aug 2023