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SmartBus - Managing School Buses and Student Transport
SmartBus - Managing School Buses and Student Transport
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by "Uffizio Technologies Pvt Ltd" <official@uffizio.in> - 03:44 - 30 Jul 2022 -
US frontline retail workers, the outlook for COVID-19, and more essential reads: The Daily Read weekender
Harmony Internal - McKinsey
Dive into this week’s essential reads CURATED PICKS FOR YOUR DOWNTIME, FROM OUR EDITORS
Joyce Yoo
Digital Editor, New YorkAs you head into the weekend, take a moment to get updated on this week’s big reads including frontline retail, the McKinsey COVID-19 Immunity Index, building resilience, and more:
Quote of the day
—Explore the five strategic moves online education providers can take in Demand for online education is growing. Are providers ready?
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ready to unwind?
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by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:56 - 29 Jul 2022 -
As inflation jumps, surveys show consumers are changing their behavior
The Shortlist
Splurging is out Concerns about inflation are growing globally, as rising prices continue to exceed forecasts. In a recent McKinsey Global Survey on economic conditions, inflation topped the list of perceived economic hazards in respondents’ home countries. The United States and European nations have been particularly affected, while Asia overall is seeing less dramatic price increases (although inflation in India is running at about 7 percent).
How are consumers faring in this uncertain environment? In Europe, economic confidence is continuing to tumble, according to a McKinsey survey of European consumers. Rising prices have outpaced the invasion of Ukraine as the primary worry; across the continent, consumers hold a negative view of the state of the economy and of prospects for recovery. When asked to identify their number-one concern, 53 percent of European consumers cite price increases, up from 44 percent in an April survey.
Trading down. European consumers are buying items in smaller quantities or delaying their purchases. The number of consumers who say that they have changed their shopping behavior continues to grow, from 68 percent of respondents in April to almost three-quarters in June. Many are turning to private labels, discounters, or more affordable brands. The survey also revealed that most European respondents have no immediate plans to treat themselves. While there are small differences, these trends hold true across France, Germany, Italy, Spain, and the United Kingdom. Baby boomers are the most cautious in this regard, with only a quarter making plans to splurge. Gen Z is the only group where the majority of consumers intend to treat themselves with clothing purchases or eating out.
Confidence game. A McKinsey US Consumer Pulse Survey conducted this spring found that despite recent headlines of sky-high inflation, consumer spending and confidence remained surprisingly strong. American consumers also expressed more confidence than those in any of the 14 countries McKinsey surveyed. Yet higher prices were driving some consumers to spend differently, with about a third switching to private labels. Since then, consumer confidence has plunged, with July numbers showing a key index at its lowest levels since early 2021.
Level-headed. McKinsey’s experts have examined many of the strategic implications of inflation, including offering seven charts that illustrate its worst effects. Rising prices have, at a minimum, altered the economic mood in many countries and could reset the global growth trajectory for years to come. For consumers and companies alike, preparing for an inflationary period (or a broader economic downturn) can help mitigate some of its worse effects. In a new article, McKinsey’s North America managing partner, Asutosh Padhi, and his coauthors discuss how US companies can build resilience and thrive in the next cycle.OFF THE CHARTS
While industries with numerous tech-savvy and digital-native companies, such as e-commerce and education, have shifted a significant portion of their IT workloads to the cloud, others have not—notably, the labor-intensive industrial and manufacturing sectors, which contribute more than a quarter of China’s GDP. But that could change quickly as the government focuses on boosting digitization and productivity in both industries.
PODCAST
Corporate attrition persists, but one way to win employees back is to develop their knowledge, attributes, and experiences—in short, their human capital. But how can companies determine what’s best for employees? And how much value can greater internal mobility among workers create? McKinsey partners Anu Madgavkar and Bill Schaninger, coauthors of the recent report Human capital at work: The value of experience, answer these questions and more in this edition of The McKinsey Podcast.
More on McKinsey.com
The dawn of a new biomedical R&D era | Science and technology are driving breakthroughs at each stage of the biomedical R&D value chain. These advances could soon be harnessed to design precise therapies to treat and prevent countless diseases at a much more rapid clip.
Five ways to increase your board’s long-term impact | Directors are spending more time on their work, yet few say that their boards are better at creating long-term value. Survey data highlight the operating models that correlate most with value creation.
The beauty battleground: The sprint to win on services | Beauty companies looking to capitalize on fast-evolving trends should act on the growing convergence of brands that offer beauty products and brands that offer services.
INTERVIEW
Three questions for
Andrés Rodríguez-Pose
Andrés Rodríguez-Pose, a professor of economic geography at the London School of Economics, focuses on regional growth and inequality, innovation, migration, and development strategies. The following is an excerpt from a recent edition of the McKinsey Global Institute’s Forward Thinking podcast.
What factors make a particular place successful?
There is no single factor that makes a place dynamic. Things that make a city or region dynamic today may not make it dynamic in a few years’ time. Most of my friends in urban economics would tend to say that big cities are typically successful places. That combination of agglomeration and density in big cities has made them highly dynamic throughout history.
But cities have come and gone, and they have periods of high growth and low growth. London, for example, has been very prosperous and, especially over the last quarter of a century, very dynamic. However, that has not always been the case. From the 1930s until the mid-1990s, it had a worse economic performance than the rest of the UK.
Cities and regions have to reinvent themselves constantly. To do that, they have to have the right human capital, the right accessibility, and the right infrastructure that can also adapt to different conditions. Having the right institutions is crucial: weak institutions will prevent talent and innovative capacity from emerging.Many countries have opted for devolution or decentralized administration as a way to shore up regions that are lagging behind. How effective is that trend?
When we look at the returns of devolution across the world, especially in terms of economic growth and employment generation, it’s not that decentralized governments have been far more successful than centralized governments.
In fact, in many parts of the world, and especially in parts of the developing world, decentralization has been an outright disaster. Not because decentralization, per se, is bad. Decentralization can deliver far greater returns because it matches policies to the needs of people that might vary.
The main problem with decentralization is that it’s normally done at the wrong time and with the wrong methods. Most countries decentralize in periods of political and economic crisis. Meaning that it’s done top down, without strong demand or strong capacity by local governments. Often, central governments are reluctant to transfer resources. As a result, we end up with what is known as unfunded mandates—limited resources for the number of tasks that local governments have to do. Therefore, they end up doing them not particularly well.You’ve written compellingly about ‘the revenge of the places that don’t matter.’ What do you mean by that?
Everything is intertwined. So when you have economic problems, they sooner or later become serious political problems. We’re seeing this trend in the developed world and in many parts of the emerging world.
Let’s take France as an example. Over the last quarter of a century, only the region of Paris has grown above the national average. That means that all other regions have grown below the national average. That is a phenomenal process of economic polarization in a country that remains highly prosperous.
In China, economic polarization increased rapidly in the second half of the 1980s and throughout the 1990s, with very rapidly growing coastal areas and big cities around the coast, and a much less dynamic inland. What did the Chinese government do? It tried to promote development inland with more active policies, including by developing infrastructure and investing strategically in research facilities inland to improve the quality of education and training.
We need to have dynamic big cities, dynamic medium-size cities, and dynamic small cities, towns, and rural areas. Because when we have that, we maximize talent and innovation and help to minimize the polarization that leads to political tension.Tell us what you think Share these insights
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by "McKinsey Shortlist" <publishing@email.mckinsey.com> - 02:11 - 29 Jul 2022 -
When it comes to health, what matters most to people around the world?
On Point
New research from McKinsey Health Institute
by "McKinsey On Point" <publishing@email.mckinsey.com> - 01:34 - 29 Jul 2022 -
The office of the future: A whole new (floor) plan
Harmony Internal - McKinsey
Embrace change Edited by Emily Adeyanju
Digital Editor, CharlotteFor many companies, getting employees back into the office has been a challenge. Employees want in-person connectivity—younger folks, especially—but they want flexibility at the same time. And the commute can be—well, daunting. So how can leaders make it worth their employees’ while? Thinking hard about the purpose and design of their office, for starters. Check out the most recent episode of the McKinsey Talks Talent podcast with McKinsey talent leaders Bryan Hancock, Bill Schaninger, and real estate expert Phil Kirschner to hear about how employers can create a workspace that’s fit for a hybrid future.
Quote of the day
—Explore how to improve opportunities for frontline workers in “Bridging the advancement gap: What frontline employees want—and what employers think they want”
Chart of the day
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by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:49 - 28 Jul 2022 -
Build new connectors fast | Tray.io
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Introducing Connector BuilderHi Md,
Interconnected services and their related APIs are exploding as they have become an essential element in the digital economy. Your organization will likely need to create custom integrations specific to your business processes. Anything beyond simple API integrations requires time and dev resources.
Now with Connector Builder, anyone can use its guided, visual experience to create, test, and publish their own custom service connectors. Better yet, every connector you build receives the same manageability and supportability as Tray-built connectors.To learn more about Connector Builder, check out our blog.
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by "Bella Renney" <bella@tray.io> - 12:17 - 28 Jul 2022 -
[July Update] Pay employees in crypto + share your thoughts on benefits!
[July Update] Pay employees in crypto + share your thoughts on benefits!
Give employees new flexibility with multiple bank and crypto payments! Plus, help us offer more benefits your team will love.Hi MD,
Do employees want to be paid in crypto? For some, the answer is yes — and with Remote, the possibility is here. Our new split payments feature allows employees to deposit salary payments in multiple accounts, including Coinbase accounts in the U.S.
We're also expanding our offerings for international benefits. Be sure to take the survey below and let us know which benefits mean the most for you and your team!
Finally, we are welcoming a slew of new Remote partners, including a new group of eco-friendly companies helping to put sustainability first.
If you'd like to offer great payment options and flexible benefits for your own global team, book a demo today to chat with a global employment expert at Remote.
Remote’s new integration with Coinbase enables salary payments in crypto
We are introducing a new feature for employees based in the United States: the ability to split payments between multiple deposit methods, including multiple bank accounts and cryptocurrencies like Bitcoin.
Seatti leverages Remote to ‘make hybrid work, work’
Seatti created a hit office space management solution — which meant this remote-first company needed to expand its global team. Read the full story to discover why Seatti choose Remote for international expansion.
What remote work benefits should we offer?
We‘re always on the lookout for new benefits that will help you become a more successful remote-enabled company. As we explore new offerings, we want your feedback on the most valuable benefits for your team. Take this fast 3-question survey and let us know!
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Making the world a better place together
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Say hello to our newest HR consulting partners
Remote collaborates with HR referral partners around the world to help companies solve complex international hiring challenges. Amplify, Bandwidth, and Distribute are just a few of the newest names on our growing roster of partners. If you'd like to join our partner network, reach out today!
from the blog
Understanding and supporting LGBTQ+ inclusion in the workplace
Supporting your staff requires more than a positive attitude — and it doesn't end after Pride month. How can you develop practical strategies and programs for queer workers and support them in meaningful ways?
podcast
Hear how HR pros recruit with empathy
Listen in to this Greenhouse What's your why? podcast to hear from Cobalt recruiter Steph Jade Thomas and discover what motivates and inspires her in today's world of work.
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by "Remote" <hello@remote-comms.com> - 09:02 - 28 Jul 2022 -
Sangoma Webinar: PBXact Reports for Decision Making
Sangoma Webinar: PBXact Reports for Decision Making
Sangoma invites you for an exclusive webinar to take a tour of the call center reports that PBXact offers for decision making Sangoma invites you for an exclusive webinar to take a tour of the call center reports that PBXact offers for decision making
Discussion Topics
In this webinar we will take a tour of the call center reports that PBXact offers for decision making, with practical use cases such as scheduling reports and how to view metrics that allow us to measure:
- Agent productivity
- SLAs of technical support areas
- Performance of call campaigns
[ Image ]Register Now for a live webinar on Aug 4th, at 2 pm IST
About the Speaker
Gurbir Gill
Director Sales Engineering
APAC/MEAFor any query please write to APAC Marketing
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by "Sangoma Technologies" <webannounce@sangoma.com> - 04:47 - 28 Jul 2022 -
What is the 60-plus economy worth?
On Point
How companies meet older consumers’ needs Edited by Belinda Yu
Editor, AtlantaThis email contains information about McKinsey's research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy.
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by "McKinsey On Point" <publishing@email.mckinsey.com> - 12:49 - 28 Jul 2022 -
[Webinar Invite] What’s New in Acrobat Pro
Adobe
Join us on Aug 16 to learn how Acrobat Pro can strengthen and unify your organization’s work.Live Webinar
What’s New in Acrobat Pro
Tuesday, 16 August 2022 • 11am SGT
In our “work anywhere” world, your team needs access to their tools from any place, at any time. Advanced document capabilities are essential to both ensuring productivity with a hybrid workforce, and meeting customer expectations.
On Aug 16, join us for our What’s New in Acrobat Pro webinar. Our expert will take you through the highlights, walking you through significant enhancements on:- Guided demos and best practices on unlimited request signatures and bulk send capabilities
- Show you how to create, send, sign, track, and manage the document flows critical to key functions such as sales and HR.
- Learn how e-signatures smoothly integrate with Microsoft 365, enabling teams to work seamlessly within their existing software workflows.
From sales contracts to onboarding, IP to inventory, obtaining signatures efficiently and securely is critical for every part of an organization. When you use a comprehensive tool like Acrobat Sign — which has delivered an overall ROI of 519% and reduced e-signature costs by 25%* — every department wins.
Join us on Aug 16 to learn how this single trusted tool — which is part of the Adobe Document Cloud — can strengthen and unify your organization’s work.
* A commissioned Total Economic Impact™ study conducted by Forrester Consulting on behalf of Adobe, January, 2022.
Register now
Speaker
Rajesh Patil
Head - Territory & Channel Sales
Adobe
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by "Adobe" <demand@info.adobe.com> - 10:03 - 27 Jul 2022 -
Sustainability and innovation in fashion
Harmony Internal - McKinsey
Get innovative Edited by Joyce Yoo
Digital Editor, New YorkWhat are the latest trends in sustainable fashion? One new innovation is the development of a material that absorbs water from the ambient atmosphere and is enabling cotton to be grown without irrigation. In a new episode of the McKinsey Global Institute’s Forward Thinking podcast, Edwin Keh, CEO of the Hong Kong Research Institute of Textiles and Apparel—who has been described as the godfather of Hong Kong’s fashion sustainability industry—delves into this and other innovative projects focused on sustainability and shortening the textiles and fashion supply chain. Tune in and join the sustainability revolution.
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by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:38 - 27 Jul 2022 -
Four key tech trends
Re:think
The new shape of IT It’s dizzying how fast technology trends are flooding organizations. It’s almost impossible to keep up. But there are four trends with implications that CEOs and CxOs need to pay special attention to, because together they reshape the way leaders must run their companies. I’d put them under the heading “innovation at the edge.”
The first trend is that innovation now happens on the front lines. For years, the accepted wisdom was that the IT or “central innovation” group kept track of emerging technologies and then made them available for use throughout the company. But it’s now clear that innovation can emerge anywhere. It may be your suppliers that are driving it, or your customers. Put simply, it’s impossible to manage innovation centrally. Instead, your frontline workers are becoming both innovators and discoverers of innovation. Rather than trying to centralize innovation, companies must be flexible and focus on creating networks within their organizations to identify innovations where they emerge, and on having processes to scale up those innovations.
The second trend follows from the first. You need to create a culture of perpetual learning about technology on the front lines. If innovation is arising on the periphery, your people there have to have the confidence to embrace innovation, experiment with it, and imagine how it can be used to deliver better products and services. We’re talking learning that is bite-size, delivered at the point of need, and usable and relevant. For IT leaders, embracing the fact that more people have access to more technology means also training frontline workers smartly so that they know what to do with it for the company and for customers.“It’s impossible to manage innovation centrally. Instead, your frontline workers are becoming both innovators and discoverers of innovation.”
This gets to the central question: What happens to IT? This is the third trend: IT shifts from being the manager of a vast infrastructure of specialized applications and data and hardware to being an enabler. The software engineers and data scientists are sitting in the business now, not in IT. So, IT has to manage and automate the infrastructure for those frontline folks. They have to standardize APIs, so products have some consistency. They set standards, help with recruitment and deployment of talent to the front lines, and share best practices. But they don’t own the applications anymore, they aren’t the secure holder of technology they once were.
That change is what drives the fourth trend, which is that IT has to think of trust and security in a brand-new way. With so much innovation at the edge, and so many people having so much more interaction with so many customers, there’s an incredible amount of data being collected. Each interaction, however dispersed, has to have trust and security at its center. The cost of failure of trust is so significant, whether we’re looking at the system level or at the level of an individual customer. Infusing that trust and security into every external interaction is such a key responsibility of IT.
The cumulative effect of these shifts is profound and is altering the very role of the CIO. But I see some CEOs starting to realize the impact of all this on their own role. They see the enormous potential of innovation on the edge and make a commitment to absorbing this and managing in a new way. What does it really mean to operate with technology products everywhere? What’s the best way to unleash the power of innovation arising anywhere in the company? I think every company is going to have to wrestle with this shift. It’s inevitable.
ABOUT THE AUTHOR
Steve Van Kuiken is a partner in McKinsey’s New Jersey office.
MORE FROM THIS AUTHOR
It’s cloud time for boards—in seven charts
These seven charts can help boards shape their business’s cloud strategy.
How Johnson & Johnson transformed its corporate business-technology operating model
Johnson & Johnson remodeled its technology–business partnership to elevate the employee experience.
IN TWO WEEKSTiffany Burns on making equity real
Consumer-facing companies say they want to imbue services and offerings with equity, but what does that mean? Here’s what they need to think about.
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by "McKinsey Quarterly" <publishing@email.mckinsey.com> - 01:11 - 27 Jul 2022 -
[Online workshop] Error management in New Relic
New Relic provides several ways to manage errors in your applications. In this workshop, you will learn how to configure and manage errors in APM, browser, and mobile applications. You will also learn how to use New Relic Errors Inbox to proactively detect, triage, and act on errors across your application stack, all in one place.Register for this free online workshop to learn how to:- Configure error reporting in New Relic APM
- View and troubleshoot errors in your APM, browser, and mobile applications
- Use New Relic Query Language (NRQL) to query and alert on error data
- Supplement error data with logs in context
- Use New Relic Errors Inbox to manage errors in one place.
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by "New Relic" <emeamarketing@newrelic.com> - 03:58 - 27 Jul 2022 -
3 minutes to get enrolled into the all new mySchneider IT Partner Program
Schneider Electric
New mySchneider IT Partner ProgramThe mySchneider IT Partner Program has been designed with your success in mind. The new program differentiates our partners more, empowers them to grow, and succeed in the changing IT market.
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Log in to mySchneider to read more and connect through LinkedIn with Seh Min Low: Channel Strategy & Mid-Market Sales, Kai Fan Yang: Business Development Manager, and Kanitha Soratjathamakul: Edge & Rack System Business Manager.+ 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> - 11:00 - 26 Jul 2022 -
The world is noisier than it’s ever been. What are the benefits of tuning out?
On Point
Three kinds of noise Edited by Gwyn Herbein
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by "McKinsey On Point" <publishing@email.mckinsey.com> - 10:08 - 26 Jul 2022 -
Digital health: An opportunity to advance health equity
Harmony Internal - McKinsey
Make it fair Edited by Joyce Yoo
Digital Editor, New YorkQuote of the day
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by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:19 - 26 Jul 2022 -
Sangoma Webinar: PBXact Reports for Decision Making
Sangoma Webinar: PBXact Reports for Decision Making
Sangoma invites you for an exclusive webinar to take a tour of the call center reports that PBXact offers for decision making Sangoma invites you for an exclusive webinar to take a tour of the call center reports that PBXact offers for decision making
Discussion Topics
In this webinar we will take a tour of the call center reports that PBXact offers for decision making, with practical use cases such as scheduling reports and how to view metrics that allow us to measure:
- Agent productivity
- SLAs of technical support areas
- Performance of call campaigns
[ Image ]Register Now for a live webinar on Aug 4th, at 2 pm IST
About the Speaker
Gurbir Gill
Director Sales Engineering
APAC/MEAFor any query please write to APAC Marketing
[ Image ]Sangoma Technologies
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by "Sangoma Technologies" <webannounce@sangoma.com> - 04:16 - 26 Jul 2022 -
Zoho Seminar | Drive Value To Your Business With AI-Powered Low-Code Solutions
Check out our APAC Seminar!Hi there,
Did you miss our AI seminars?
We missed you too! That's why we're back with another informative session as part of the series.
Artificial Intelligence is no longer just for the coding experts. It's rapidly becoming a strategic imperative. And low-code has helped smooth the divide between business owners and tech leaders while simplifying the complexities of managing data.
Learn how to use prominent AI features, such as OCR, sentiment analysis, predictive analytics, and more to help you make informed decisions, enhance customer experience, and forecast future events.
From this session you'll learn how to:
Predict demand and simplify resource management
Enhance customer service by implementing chatbots
Automate repetitive tasks and improve productivity
Uncover strategic insights for better decision-making
Strengthen brand loyalty with personalization
Over the next few months, we'll be exploring more topics through this series of seminars. Please feel free to respond to this email with any questions you may have, and we'll get back to you at the earliest.
Regards,
Mani | Zoho Creator
Zoholics 2022, our annual user conference is here.
Join the next-gen thinkers in Singapore on September 6, 2022 and in Manila on September 9, 2022.
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by "Zoho | Mani" <onlineevents-apac@zohocorp.com> - 02:00 - 26 Jul 2022 -
Airlines are struggling to turn a profit, but a few are beating the odds. How do they do it?
On Point
Profitable airlines’ six secrets Edited by Jason Li
Senior Editor, Shanghai• Six secrets. Profitable airlines focus on six critical areas, McKinsey research shows. For instance, high-performing airlines are able to stand out from the crowd through their reputations. Airlines that are reliably on time and have good operational performance enjoy higher returns, according to McKinsey analysis. From managing an airline’s capital base to building on network privilege, learn how each critical area can go a long way to boosting profitability.
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Copyright © 2022 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007
by "McKinsey On Point" <publishing@email.mckinsey.com> - 12:08 - 26 Jul 2022 -
Decarbonizing grocery
Harmony Internal - McKinsey
Get a handle on it Edited by Joyce Yoo
Digital Editor, New YorkDid you know that the food system currently accounts for a third of global greenhouse-gas emissions? As governments and companies worldwide work to combat climate change, now is the time for the grocery sector to step up and become the driving force for decarbonization across the entire food system. According to Bartosz Jesse and his coauthors, this path toward decarbonization is an opportunity to save costs and create competitive advantage. Check out the article and see how grocers can protect the planet while also strengthening their businesses.
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by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:50 - 25 Jul 2022
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