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How US companies can build resilience amid uncertainty

Harmony Internal - McKinsey

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AN ARTICLE A DAY, PICKED BY OUR EDITORS

Edited by Katherine Tam
Digital Editor, New York

Inflation. Interest rates. Supply chains. Sustainability. These are some of the issues that are on the minds of leaders as they navigate through uncertainty and disruption. Are we at the end of a boom, the beginning of a bust, or something completely different? A new update by McKinsey senior partners Stephan Görner, Alex Panas, John Kelleher, Ida Kristensen, Asutosh Padhi, and their coauthors, explores these topics and examine how consumer behavior is affecting corporate profits. Check it out and see how short-term disruptions can be turned into opportunities.

Rear view of man with umbrella standing by railing against sea.

Something’s coming: How US companies can build resilience, survive a downturn, and thrive in the next cycle

The US economy continues to throw off mixed signals. But one thing is becoming clear: executives should prepare for an extended period of higher interest rates.

Get primed

Quote of the day

“As you advance in your career, there are fewer people who are in a position to sponsor you or to mentor you. What actually shifts is where you go for the kinds of support you need. You might find yourself depending on people who you would never have anticipated could help you.”

—Erika H. James, dean of the Wharton School of the University of Pennsylvania, on sponsorship in "Don’t let fear stop you from forging ahead: An interview with Erika James"

Chart of the day

Chart detailing the number net-worth individuals and ultra-high-net-worth individuals is expected to grow across the globe

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ALSO NEW

The Titanium Economy: How Industrial Technology Can Create a Better, Faster, Stronger America

Asutosh Padhi, Gaurav Batra, and Nick Santhanam reveal manufacturing, an under-appreciated and under-valued sector of the economy, for what it really is: a reliable source of high-paying, domestic jobs and soaring stock prices—a bright spot in an economy that has too often been buffeted by external shocks. #TitaniumEconomyBook

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Connected revolution: The future of US auto insurance

Autonomous mobility has the potential to dramatically transform the automotive insurance market, from underwriting to claims and beyond.

Learn more

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Mission critical: Improving government workforce planning

Workloads are increasing across government agencies, and leaders are struggling to reallocate resources. A strategic approach to workforce planning could help align positions with priorities.

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by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:27 - 20 Sep 2022

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