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Capturing the innovation of space across all industry sectors
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To see more essential reading on topics that matter, visit McKinsey Themes.
— Edited by Eleni Kostopoulos, managing editor, New York
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by "McKinsey & Company" <publishing@email.mckinsey.com> - 10:25 - 20 Jan 2023 -
Global connections are reconfiguring. Which trade flows propel global integration?
On Point
Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
• Turbulence and trade flows. Global flows of capital, data, goods and services, ideas, and people connect the world. This has created a more prosperous planet. But in view of the COVID-19 pandemic and rising geopolitical tensions, some are speculating that the world is deglobalizing. McKinsey Global Institute (MGI) analysis finds a more nuanced reality. Despite disruptions, most global flows continued to grow or even accelerate in 2020 and 2021, reveal McKinsey’s Sven Smit, chair of insights and ecosystems and chair of MGI, and his coauthors.
— Edited by Belinda Yu, editor, Atlanta
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by "McKinsey On Point" <publishing@email.mckinsey.com> - 12:42 - 20 Jan 2023 -
2023, a testing year: Will the macro-scenario range widen or narrow?
Harmony Internal - McKinsey
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2022 was undoubtedly a volatile year with heightened geopolitical tensions, inflation, interest rates, and labor market imbalances dominating the business environment—and it is no surprise that resilience and globalization are among the major themes being discussed at the World Economic Forum’s annual meeting at Davos this week. Will 2023 be a fresh start for business leaders? In a new article, McKinsey leaders including Michael Birshan, Ezra Greenberg, Homayoun Hatami, Ida Kristensen, María del Mar Martínez Márquez, Asutosh Padhi, Sven Smit, and Andy West, share various macroeconomic scenarios, considering both favorable and not-so-favorable outcomes for 2023 and beyond that will largely determine what we can expect in the global economy this year. Get perspective on the opportunities and risks and be prepared for the year ahead.
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—McKinsey senior adviser Richard Mayfield on opportunities amid disruption in retail and beyond in “Beyond retail: Why retailers should think ‘services’ and ‘ecosystems’”
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— Edited by Joyce Yoo, editor, New York
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by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:23 - 19 Jan 2023 -
How to combat one of humanity’s biggest challenges
Harmony Internal - McKinsey
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In 2000, about 1.1 billion people lived in 10,600 microregions where life spans were short and GDP per capita low—both variables in the bottom 30 percent of the world. How did those places evolve over the last 20 years? Which ones transitioned to greater prosperity and well-being and which ones did not? And where can companies uncover hidden opportunities to deliver products, possible locations for operations, and new pools of prospective consumers and employees—while advancing human development? To find out, check out The last frontier: Development where it is needed most, Chapter 6 of Pixels of Progress from the McKinsey Global Institute. And to learn more about the report from the authors and leading experts, register for a webinar on January 24 at 10:00 am ET.
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by "McKinsey Global Institute" <publishing@email.mckinsey.com> - 03:48 - 19 Jan 2023 -
How Asia’s top CEOs are embracing change and resilience
Harmony Internal - McKinsey
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Resilience is top of mind for leaders attending the World Economic Forum’s annual meeting at Davos, which is taking place this week—and now is an opportune time to learn some important lessons from Asia’s top CEOs on how they’re embracing change. According to a recent article by senior partners Gautam Kumra and Joydeep Sengupta, the top CEOs in Asia are learning how to play both offense and defense by reevaluating their business strategies while taking advantage of new opportunities to grow. As one leader puts it: "If you assume the responsibility of leadership, then that brings with it a responsibility to make sure you are always ready to be on.” Check out the article and see how Asia’s CEOs are redefining what it takes to be a leader by focusing on building resilience. And for more on Davos, be sure to register for a special McKinsey “Live From Davos” event on January 19 to get a firsthand account of what senior partners Kate Smaje and Daniel Pacthod are seeing and hearing from global leaders.
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by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 01:13 - 19 Jan 2023 -
The China imperative for multinational companies
Harmony Internal - McKinsey
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by "McKinsey Global Institute" <publishing@email.mckinsey.com> - 08:23 - 19 Jan 2023 -
It’s a new era of higher-for-longer interest rates. How should US businesses prepare?
On Point
Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
• Mixed messages. The US economy is continuing to throw off mixed signals. The labor market remains hot, and more people are rejoining the workforce. More workers could ease labor shortages but may also boost demand, stoking inflation. Amid the uncertainty, one thing seems clear: US companies are likely entering a new era of higher-for-longer interest rates and cost of capital, explain McKinsey senior partner Ida Kristensen, senior partner Stephan Görner, and their coauthors.
— Edited by Belinda Yu, editor, Atlanta
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by "McKinsey On Point" <publishing@email.mckinsey.com> - 06:15 - 19 Jan 2023 -
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by "WooCommerce" <noreply@woocommerce.com> - 06:08 - 19 Jan 2023 -
Monitor Driving behaviour - White Label GPS Tracking Software
Monitor Driving behaviour - White Label GPS Tracking Software
Eliminate problematic driving habits and ensure fleet safety
65+ countries | 500,000+ units | 50,000+ happy customers
Tracker independent | Supports multiple language
.png?width=1200&upscale=true&name=Group%20304778%20(1).png)
Drivers are the most important part of any fleet operation. Video telematics empowers fleet managers with powerful behaviour monitoring tools to ensure the safety of drivers.
Standard benefits
.png?width=600&upscale=true&name=Rectangle%2012848611%20(3).png)
Increased on-road
safety
Eliminate dangerous driving habits like smoking, aggressive acceleration,
harsh braking, rapid
cornering, etc.
.png?width=600&upscale=true&name=Rectangle%20128487%20(2).png)
Identify distracted or
drowsy drivers
45% of all road accidents are caused
by inattentive or drowsy driving.
Instant alerts for sleepy or
distracted drivers.
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Better driver
training
Every event generates an instant alert for drivers and fleet managers.
Easily train drivers to be
more responsible.
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Video playback
evidence
Better transparency with video
recordings of every event and
playback based on date
and time.
Fleet Management Platform That Grows With You
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Uffizio India Software Consultant Pvt Ltd, 4th Floor, Metropolis Opp S.T Workshop, Abrama-Dharampur Rd, Valsad, Gujarat 396001, Valsad, Gujarat 396001, India, +91-7285855104
by "Jignesh Pardeshi" <official@uffizio.com> - 05:43 - 19 Jan 2023 -
How concentrated is global trade?
On Point
Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
• Relationships reexamined. Global trade partnerships have fostered economic growth and increased worldwide product availability. But recent events, including rising geopolitical tensions, have motivated leaders to reexamine global interdependencies. How should companies and countries adjust trading relationships, if at all? To learn where concentration in global trade exists, McKinsey senior partner Olivia White and colleagues analyzed McKinsey Global Institute (MGI) research on more than 120 countries, roughly 6,000 products, and eight million trade corridors.
— Edited by Belinda Yu, editor, Atlanta
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by "McKinsey On Point" <publishing@email.mckinsey.com> - 12:37 - 18 Jan 2023 -
Diversity, Equity, and Inclusion Lighthouses 2023
Harmony Internal - McKinsey
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Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
When it comes to implementing much needed diversity, equity, and inclusion initiatives, the spirit is certainly willing: in the past few years, we’ve seen all kinds of pledges, positive intent, and active discussion. Indeed, increased parity is one of the major themes of the World Economic Forum’s annual meeting in Davos, which kicked off this week. But progress is simply too slow. To cite just one example, at the current rate it will take 151 years to close the global economic gender gap at all levels. In order to do better, we need to know what works and what doesn’t work. Toward this and other DEI goals, a cross-industry group including McKinsey and the World Economic Forum have launched the DEI Lighthouses Program, to identify and disseminate best practices for progress toward advising diversity, equity, and inclusion in the workplace. For 2023, it has released the first Diversity, Equity, and Inclusion Lighthouses report, which includes findings that identify five key success factors common among DEI initiatives that had significant impact. To learn more, as well as how to implement them, check out this new article.
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by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:50 - 17 Jan 2023 -
1.1 billion people with newly achieved high living standards live in this country
Harmony Internal - McKinsey
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Over the first two decades of the 21st century, more than two billion people lived in microregions that achieved life expectancy of more than 72.5 years and income greater than $8,300; 1.1 billion of these people lived in China. But economic gains varied across microregions. For instance, growth rates between big Chinese cities such as Yulin and Anshan differed by as much as ten times. To find out why, check out China times two: The worldwide spread of progress, Chapter 5 of Pixels of Progress from the McKinsey Global Institute. And to learn more about the report from the authors and leading experts, register for a webinar on January 24 at 10:00 am ET.
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by "McKinsey Global Institute" <publishing@email.mckinsey.com> - 01:14 - 17 Jan 2023 -
A who’s who of global decision makers: Davos 2023
On Point
Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
• Global gathering. Davos, a modest ski resort in Switzerland, is famous for hosting the annual meeting of the WEF. Each January, delegates from global business, government, civil society, media, and academia come together to attend sessions meant to spark fruitful discussions on the most pressing issues of the day. The meeting, which brings together perhaps the largest gathering of global decision makers all year, creates opportunities to network and socialize “with amazing leaders,” says McKinsey senior partner Acha Leke.
• Big and small voices. McKinsey’s partnership with the WEF for the Davos meeting each year includes events and interventions aligned with shared goals. While the spotlight shines brightly on well-known names, “the small voices bring a lot of hope,” says McKinsey senior partner Sven Smit. “In Davos, I always like to meet the start-up or technology company that comes up with an idea that, if it works, could scale through the planet and change something,” Smit shares. Read our new McKinsey Explainer (“What is Davos?”) for some key themes for the annual meeting.
— Edited by Belinda Yu, editor, Atlanta
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by "McKinsey On Point" <publishing@email.mckinsey.com> - 12:45 - 17 Jan 2023 -
Route Optimization - White Label GPS Tracking Software
Route Optimization - White Label GPS Tracking Software
Route Optimization: Plan Efficient Routes
65+ countries | 500,000+ units | 50,000+ happy customers
Tracker independent | Supports multiple language
Route optimization helps fleet managers choose shorter, more effective routes after considering all the factors affecting a trip. Spend less on fuel, make better use of valuable business time, and execute more tasks faster.
Standard benefits
.png?width=600&upscale=true&name=Rectangle%201269xx%20(1).png)
Suggests the best route
Best possible routes based on important factors such as traffic, number
of stops, type of delivery,
load capacity, etc.
.png?width=600&upscale=true&name=Rectangle%20128485x%20(1).png)
Save Time and Money
Avoid traffic congestion, save precious business hours and reduce fuel
costs significantly with
optimized routes.
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Maximized Fleet Utilization
Use resources more efficiently. Cover the maximum checkpoints and
distance possible in a given
time frame.
.png?width=600&upscale=true&name=Rectangle%20128599xx%20(1).png)
Customer satisfaction
Improves customer satisfaction by reducing travel time for deliveries.
Get happier customers and
repeat business.
Fleet Management Platform That Grows With You
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by "Jignesh Pardeshi" <official@uffizio.com> - 10:30 - 16 Jan 2023 -
Last Chance! 2023 API Predictions Webinar
SmartBear
Avoid the FOMO, join us for API predictions and SmartBear innovations coming in 2023!
Hi Abul,
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The 45-minute session will be filled with insights from our API experts and evangelists covering what is to come for the API lifecycle in 2023.
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by "Andrew from SwaggerHub" <swaggerhub-team@smartbearmail.com> - 09:34 - 16 Jan 2023 -
Taking a principled approach to inclusion: A leader’s guide
Harmony Internal - McKinsey
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Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
As the US remembers Martin Luther King Jr. today, the urgency of working toward social equality comes even more to the forefront. The business case for diversity is well established; studies have shown a correlation between increased workforce inclusion—particularly on executive teams—and the likelihood of improved financial performance. But while many organizations have built diversity, equity, and inclusion (DEI) into their hiring practices, progress remains uneven. Recent research shows that the business case itself, with its emphasis on the economic impact of diversity, can make the very groups that it is supposed to help feel “othered” and devalued. Rather than focusing narrowly on the commercial benefits of DEI, leaders may want to consider taking broader, principled actions to help diverse workforces thrive.
What does a chief diversity officer (CDO) really do? If you don’t know, you’re not alone. “The CDO position may have been created with the best of intentions, but many organizations don’t seem to know quite what it is,” state McKinsey partner Monne Williams and her colleagues. “The scope and nature of the position are often poorly defined, with ambiguity about everything from its purpose to its authority.” CDOs are critical to steering corporate responses to societal issues, but they often don’t have clear objectives or adequate resources; for example, only 35 percent say they have access to the employee demographic data they need. McKinsey experts note that CDOs are best positioned for success when they know the role’s exact mission and scope, its position in the organizational structure, and the talent profile—skills, knowledge, attributes, and experience—that it requires.
That’s the number of practical actions it may take to achieve quantifiable and sustainable DEI impact, according to a new McKinsey report written in partnership with the World Economic Forum, whose annual meeting takes place this week in Davos, Switzerland. One action is to create a meaningful definition of success—a critical step that connects inclusion efforts to an organization’s values and mission. For example, a professional-services company created a five-year, five-point social-mobility action plan with quantifiable goals, such as supporting 100 young people with technology degree apprenticeships and upskilling 250 social enterprises across the US. Another action in support of inclusion is to design solutions suited to the context: a global steel manufacturer launched a program that addressed historically marginalized groups and developed the first-ever transgender hiring effort in its home country.
To make any significant progress on inclusion, organizations must become precise about what it really means, says McKinsey senior partner Bill Schaninger in this podcast. “Most people characterize inclusion on two levels: their own direct, felt experience and the way they perceive their organization more broadly,” he says. There can be discrepancies between the two—for example, employees may feel left out of important decisions even if they perceive an organization as fair (such as in performance evaluations). Managing such situations can be tricky, but leaders can signal their openness to engaging in dialogue, says McKinsey partner Bryan Hancock. “Recognize that you don’t know exactly how to have the conversation and might not say exactly the right thing,” he suggests. “But be curious. Being a curious learner can help start the conversation.”
Ever since the idea of emotional intelligence entered the business lexicon in the 1990s, it has become as important a predictor of job performance as the standard intelligence quotient. Add to this another increasingly popular measure—the cultural intelligence quotient (CQ), which evaluates your ability to function effectively across national, ethnic, and organizational cultures. The CQ isn’t just about avoiding bad etiquette; rather, it shows whether you’re capable of understanding the dynamics of specific cultures and how they affect your business. In our era of diverse, multicultural, and global workforces, passing a CQ test may well be a hallmark of good leadership.
Lead diversely.
— Edited by Rama Ramaswami, senior editor, New York
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by "McKinsey Leading Off" <publishing@email.mckinsey.com> - 02:54 - 16 Jan 2023 -
Planon Workplace Edition: Valuable insights from smart workplace sensors
Schneider Electric
Develop an Engaging WorkplaceDear Abul
Hybrid working is the new way of working. But are you struggling to balance real estate and leasing costs, empty desks, and employee engagement?
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As a workplace or facilities management leader, you need to navigate a path towards an effective mix of office space, home offices and other remote workplaces that drives increasing employee engagement – helping your organisation to perform at its best.Planon Workplace Edition is a cloud-based, modular software solution, underpinned by smart occupancy and environmental sensors. It helps you address the twin challenges of employee engagement and business resilience. It is the only comprehensive, turnkey solution that meets the needs of innovative workplace strategists, facility services teams and knowledge workers to enhance the workplace experience and build business resilience.
Click "Download" to read the brochure, and learn about the key challenges this solution can help you address.
Let's connectWarmest regards,
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Business Enterprise Solutions, Sales Lead
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by "Schneider Electric" <reply@se.com> - 09:00 - 15 Jan 2023 -
New Fiverr Business tools to kick off 2023
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by "Fiverr" <no-reply@announce.fiverr.com> - 08:03 - 15 Jan 2023 -
The week in charts
The Week in Charts
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by "McKinsey Week in Charts" <publishing@email.mckinsey.com> - 03:45 - 14 Jan 2023
