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Five leadership shifts, accelerating growth in construction technology, 3 actions for a successful business transformation, and more reads for the weekend
Catch up on this week's big reads Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
QUOTE OF THE DAY
chart of the day
Ready to unwind?
— Edited by Joyce Yoo, editor, New York
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by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:53 - 5 May 2023 -
New leadership for a new era of thriving organizations
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📽️ [Webinar] Learn how top executives at Portnox, Remote & HiBob handle global workforce challenges
📽️ [Webinar] Learn how top executives at Portnox, Remote & HiBob handle global workforce challenges
MD, you are invitedHi MD,
Register today for our upcoming webinar...
Navigating the HR Challenges of Multinational and Distributed Workforces.
Thursday, May 11, 2023
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This very special online event will be hosted by top executives from Portnox, Remote, and HiBob, and presented by HR.com.
Learn how they navigate the complexities and challenges of managing a global workforce in today’s rapidly changing business environment. They will share their insights on the latest trends, technologies, and best practices for managing a global or dispersed team effectively.
The webinar will cover the following topics:
- The key challenges of managing a multinational and distributed workforce.
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What makes tech talent tick?
The Shortlist
Four new insights Curated by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
Twice monthly, we bring you four new insights out of the dozens we publish that we think are worth a second glance from any business leader in any geography. In this edition, we get real about generative AI (gen AI), ascend the career ladder, and find out what makes tech talent tick. We hope you enjoy the read.
—Liz and Homayoun
Gen AI is seemingly everything, everywhere, all at once. The possibilities are limitless. But to get past the moonstruck phase, companies need to know how the gen-AI business system is evolving and which parts of it they can plug into.
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by "McKinsey Shortlist" <publishing@email.mckinsey.com> - 02:07 - 5 May 2023 -
TPMS Consideration 2
TPMS Consideration 2
TPMS Consideration 2See how tire pressure monitoring system is revolutionizing industries everywhere.
Use cases across industries
Mining Industry
Real-time tire pressure and temperature monitoring, reduced accidents and improved vehicle stability in mining operations. The software identifies deviations from optimal levels, enabling proactive measures to prevent accidents. This helps reduce fuel consumption and increases tire lifespan.
Trucking Industry
Trucking industry faces challenges such as increased risk of tire failure, reduced fuel efficiency, and increased operating costs. TPMS solution to continuously monitor tire pressure and temperature in real-time provided alerts for any anomalies improving fuel efficiency, reducing tire wear, and increasing safety.
Chemical Industry
The transportation of hazardous materials can be risky, and maintaining proper tire pressure is critical to avoid accidents. With TPMS, chemical companies can identify tire issues in real-time and address them before they become major problems, reducing the risk of accidents.
Discuss your use-case to get your business growing
Uffizio Technologies Pvt. Ltd., 4th Floor, Metropolis, Opp. S.T Workshop, Valsad, Gujarat, 396001, India
by "Sunny Thakur" <sunny.thakur@uffizio.com> - 12:30 - 5 May 2023 -
Could flying taxis be a part of your commute in the near future?
On Point
The future of air mobility Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
• Sky’s the limit. By 2030, eVTOL aircraft could represent a multibillion-dollar market opportunity, say McKinsey partner Robin Riedel and colleagues. Vertiports could function much like taxi stands today, enabling rapid journeys within a 100- to 150-mile radius. Unlike private jets, rides on eVTOLs will be much more affordable, and as the industry scales, could even be the same price as a taxi ride. Industry experts say this technology is already feasible and could change the way we live and commute. These aircraft could not only provide efficient transport of people and supplies during emergency situations but also offer a more convenient onboarding experience than traditional flights
— Edited by Kanika Punwani, editor, Southern California
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by "McKinsey On Point" <publishing@email.mckinsey.com> - 10:10 - 4 May 2023 -
API Trends, Insights, Events, and More!
SmartBear
SmartBear's API NewsletterHi Abul,
Welcome back to SmartBear’s API newsletter!
This month, we are excited to bring you our 2023 State of Software Quality API report, where you can uncover the latest trends in the API industry. You will also find what we've been blogging about and upcoming events for you to get the most out of SmartBear's tools.
Let’s dive in!Hot Off the PressHow did you stack up?
State of Software Quality 2023: API Trends Report
We surveyed the industry to uncover the latest trends in API development and management and we are excited to share them with you in our latest data report! Download the report now to see how API development and management trends have changed year-over-year.API Innovative InsightsBecome an expert on the latest updates and trends- Learn about OpenAPI and how it can help support your endeavors throughout the API lifecycle
- Helpful API Developer Experience (DX) Tools for creating high-quality APIs
- An introduction to contract testing
Upcoming Webinar!Join us May 17th and learn how API exploration impacts your role as an API Designer! By leveraging API specifications, designers can create sample requests and responses to aid testing and development activities by improving the quality of API documentation. In 30 minutes, we'll discuss how API exploration fits into design activities and best practices for design workflows combined with API exploration. Don't miss out!Want to Learn More?Check out what we've been blogging about!Join us for Learning, Mingling, and FunDesigned for Development Teams and Technology LeadersSmartBear Connect is an opportunity to join other software, technology, and development practitioners and leaders focused on tackling work’s most pressing issues.
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The API Lifecycle Team
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by "The API Lifecycle Team" <api-lifecycle-team@smartbearmail.com> - 09:52 - 4 May 2023 - Learn about OpenAPI and how it can help support your endeavors throughout the API lifecycle
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[Case study] Want faster MTTR? Look at your logs
New Relic
Virtuo's promise is renting a car in a few simple clicks on your mobile phone whenever you need one—without going through an agency. The French scale-up is revolutionizing the auto rental business through an entirely digital customer journey.
After relying on dozens of tools spread across different teams, Virtuo realized they needed a single observability platform to consolidate metrics, events, logs, and tracing.
Read the case study to learn how Virtuo uses New Relic to optimize log management, reduce troubleshooting time, and improve mean time to resolution.Read case study Need help? Let's get in touch. This email is sent from an account used for sending messages only. Please do not reply to this email to contact us—we will not get your response.View in browser
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by "New Relic" <emeamarketing@newrelic.com> - 05:36 - 4 May 2023 -
Do you feel confident in the economy? US consumers are looking to save and spend.
On Point
Where Americans want to splurge Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
• Uncertain consumers. Across the US, consumers are unsure of what their finances will look like in the coming months and years. Although consumers are slightly more optimistic than they were in June 2022, about one in five survey respondents are expecting darker days ahead. Twenty-two percent of consumers are predicting a US recession and long-term economic pain, research by McKinsey partner Kari Alldredge and coauthors find. US consumers’ level of optimism is even lower than it was at the beginning of the pandemic.
— Edited by Belinda Yu, editor, Atlanta
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by "McKinsey On Point" <publishing@email.mckinsey.com> - 12:20 - 4 May 2023 -
Survey results: Expectations for company performance, by industry
Get updated New from McKinsey & Company
Survey results: Expectations for company performance, by industry
Get updated Related Reading
Change in a time of uncertainty
The latest issue of the McKinsey Quarterly focuses on transformation in a time of disruption—and it’s out now. Sign up for a digital membership to get instant access.Share these insights
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ลงทะเบียน! ร่วมงานเทคโนโลยีอุตสาหกรรม ชไนเดอร์ อิเล็คทริค
Schneider Electric
Innovation Day:
Industrial Solutions, Lamphun 2023ชไนเดอร์ อิเล็คทริค ร่วมกับ กรมส่งเสริมอุตสาหกรรมและการนิคมอุตสาหกรรมแห่งประเทศไทย จัดงานเทคโนโลยีอุตสาหกรรม สำหรับกลุ่มโรงงาน เพิ่มประสิทธิภาพด้านการปฏิบัติการ ยกระดับโรงงาน ก้าวทันโลกดิจิทัล
ไฮไลท์สำคัญ- เร่งเครื่องยกระดับอุตสาหกรรมไทยไปสู่ยุค IIoT จากกรมส่งเสริมอุตสาหกรรมฯ
- กลยุทธ์การพัฒนาโครงสร้างพื้นฐานสำคัญในอุตสาหกรรม เพิ่มความปลอดภัย ความน่าเชื่อถือ ประสิทธิภาพ ความยั่งยืน
- ยกระดับภาคการผลิตในอุตสาหกรรม 4.0 ด้วยเทคโนโลยีอันสมัย
- การบริการด้านการจัดระบบไฟฟ้าเชิงรุก วิเคราะห์ คาดการณ์ ลดดาวน์ไทม์ ยุคดิจิทัล
วันและเวลาวันที่ 1 มิ.ย. 2566
เวลา 8:30-16:00 น.สถานที่จัดกิจกรรมห้องประชุมแกรนด์ ปา โรงแรมแกรนด์ ปา แอนด์ รีสอร์ท ลำพูน เชียงใหม่+ Lifecycle Services From energy and sustainability consulting to optimizing the life cycle of your assets, we have services to meet your business needs. Schneider Electric
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by "Schneider Electric" <reply@se.com> - 04:01 - 3 May 2023 -
Outwitting hackers has spawned a huge cybersecurity industry
On Point
Cybersecurity explained Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
• Digital danger. Cybersecurity—an industry estimated to reach $188 billion in 2023—is growing in the face of ballooning criminal attacks. Cyberattacks are on track to cause $10.5 trillion a year of damage by 2025. Attacks include malware, a category consisting of ransomware, whereby criminals demand payment in exchange for access to the system, and spyware, whereby information is covertly transmitted from the network. There’s also phishing—techniques used to get a victim to unwittingly install malware on their own network or give up personal details—and password attacks.
• Why now? Organizations may find themselves increasingly vulnerable to cyberattacks because of three major trends, McKinsey partner Jim Boehm and colleagues note. First, the growth of mobile platforms and the popularity of remote work mean that more large data sets are within reach of those with criminal intent. Second, many hackers no longer work alone; instead, hacking has become organized, institutional, and hierarchical. Third, many organizations lack cybersecurity expertise, as well as knowledge and talent. Learn what companies can do to mitigate cyberthreats.
— Edited by Katy McLaughlin, senior editor, Southern California
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