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• Reversal of fortune: for the first time in decades, the global balance sheet has shrunk

  On Point

  Four scenarios for the global balance sheet  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

  TODAY’S NEWS. TOMORROW’S INSIGHTS. A daily newsletter from McKinsey & Company Brought to you by Liz Hilton Segel & Homayoun Hatami Global leaders, Industry & Capabilities Practices Global growth and volatility In the news • Developing debt. The collective external debt of developing nations hit $9.3 trillion in 2021, a sum that amounts to 26% of their collective gross national income, according to a new report from the World Bank. Increasingly, debts are owed to private creditors, potentially making it harder to restructure deals. The news gets worse: global growth is slowing, and higher food and energy prices—caused in part by the war in Ukraine—mean that governments servicing debt have less purchasing power for necessities. [WSJ] • Past, not prologue. Economic forecasters, who typically use historical data to inform predictions, face a cloudy crystal ball these days. A once-in-a-century pandemic has had surprising impacts on car, consumer, housing, and labor markets. Some of those markets have reversed, and others have veered off into equally unexpected directions. Among the most jarring phenomena is the stubborn inflation that multiple economies are experiencing. Although central banks’ reaction—raising rates—was predictable, labor markets don’t appear to be responding as usual. [NYT] In 2022, early signs of a possible inflection point appeared, with greater volatility in the components of the global balance sheet and the first overall shrinkage in decades. On McKinsey.com • A generational change. In a new McKinsey Global Institute report, McKinsey partner Jan Mischke and senior partner Olivia White and their coauthors explore a historic reversal: for the first time in decades, the global balance sheet shrunk relative to GDP. Global net worth was $610 trillion at the end of 2021. Only about one-fifth of wealth growth in the previous 20 years came from savers channeling money into new investment; most of the rest came from asset price inflation. Debt levels are also high by historical standards. For every dollar of net investment, $1.90 in additional debt was created outside the financial sector. • Balancing the books. Growth in the global balance sheet accelerated during the COVID-19 pandemic, with households around the world adding $100 trillion to global wealth on paper in 2020 and 2021. During that time, global wealth relative to GDP grew faster than in any other two-year period in the past nine decades. However, in the face of geopolitical and economic volatility, inflation and interest rates rose sharply in 2022, while global equity and bond prices have declined by roughly 30% and 20%, respectively, in real terms. See four potential scenarios for the global balance sheet as the world looks ahead in 2023. Reckon with the economy — Edited by Katy McLaughlin, senior editor, Southern California Was this forwarded to you? Sign up here. Or send us feedback—we’d love to hear from you. Follow our thinking This 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. You received this email because you subscribed to the On Point newsletter. Manage subscriptions | Unsubscribe Copyright © 2023 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007

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  by "McKinsey On Point" <publishing@email.mckinsey.com> - 12:53 - 10 Jan 2023

• E-lock - White Label GPS Tracking Software

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  Protect Cargo and goods with E-locks 65+ countries | 500,000+ units | 50,000+ happy customers Tracker independent | Supports multiple language Download E-Book Our Cloud-based E-lock security prevents all kinds of theft and tampering The safest way to transport cargo Live E-lock & battery status From ATM funds to pharma goods, live e-lock status gives complete visibility and control over vehicles carrying high-value assets. No physical keys needed Open and lock containers remotely. Digital keys allow multiple drivers to share vehicles without having to exchange physical keys. Alerts for e-lock violations Instant alerts for violations like tempering, wrong passwords, pipe cut attempts, wrong RFID attempts, etc. Get detailed reports Make sure there are no irregularities with reports ranging from Violation Summary to Lock/Unlock Details. Fleet Management Platform That Grows With You Get a demo Plan & Pricing 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 Unsubscribe Manage preferences

  

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  by "Jignesh Pardeshi" <official@uffizio.com> - 10:30 - 9 Jan 2023

• Autonomous driving’s future: Convenient and connected

  Harmony Internal - McKinsey

  Grasp the potential ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

  Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   AN ARTICLE A DAY, PICKED BY OUR EDITORS Brought to you by Liz Hilton Segel & Homayoun Hatami Global leaders, Industry & Capabilities Practices What does the future look like for self-driving cars? Autonomous driving could transform transportation, consumer behavior, and even society at large by making mobility more accessible and work more productive. But to achieve that, automakers and suppliers may need to start developing new sales and business strategies, acquire new technological capabilities, and address safety concerns, McKinsey research finds. To find out how leaders can use autonomous driving to win in the fast-changing passenger car market, be sure to read a new article by Johannes Deichmann, Kersten Heineke, Ruth Heuss, and their coauthors. Autonomous driving’s future: Convenient and connected By 2035, autonomous driving could create $300 billion to $400 billion in revenue. New research reveals what’s needed to win in the fast-changing passenger car market. Grasp the potential   Quote of the day “The opportunities to use customer analysis to change behavior go way, way beyond what is in the marketing domain—it goes to how we think about profitability, how we align channels, how we align the service propositions, how we align the operational experience, and how we understand which elements of products or categories are good for acquiring and retaining customers.” —Michael Ross, chief retail scientist at EDITED, on how businesses can conduct better customer-base audits in a recent Author Talks interview Chart of the day See today’s chart   ALSO NEW Shared mobility: Sustainable cities, shared destinies By 2030, shared mobility could generate up to $1 trillion in consumer spending. New research reveals the trends and data to know. Navigate the landscape   Where does shared autonomous mobility go next? Shared autonomous mobility is at a critical point, and five factors may determine how the market evolves and which companies succeed. Make strong partnerships   The metaverse: Driving value in the mobility sector Although a fully immersive, interconnected metaverse remains years away, mobility stakeholders can already capture real business value from the technologies designed to enable it. Make an impact   — Edited by Katherine Tam, editor, New York Follow our thinking Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. This 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. You received this email because you subscribed to the Daily Read newsletter. Manage subscriptions | Unsubscribe Copyright © 2023 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007

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  by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 05:09 - 9 Jan 2023

• Get Ready for 2023: Our Top API Insights and Predictions

  SmartBear

  Join us for a special webinar teaser of API trends in 2023!

  VIEW IN BROWSER 2023 API Predictions: Shift-Left and Standardize for Success Join us on January 18th to learn about API predictions for 2023 and the recent product innovations at SmartBear! Register Now   Hi Abul, Join us for an insightful and interactive webinar, 2023 API Predictions: Shift-Left and Standardize for Success. As ramp up into the new year, SmartBear’s API team is planning a discussion around how software development trends had played out in 2022 and what we can expect moving into 2023. Between economic headwinds, shifts in team structure and responsibilities, and the growing importance of API governance, there’s no shortage of interesting topics to dive into.   Hope to see you there! P.S. If you can’t make it, register anyway and we’ll send you a recording.   Andrew Marotta Growth Marketing Manager, SmartBear andrew.marotta@smartbear.com

  This email was sent to {lead.Eamil Address} by SmartBear Software, 450 Artisan Way, Somerville, MA. 02145, 617.684.2600, www.smartbear.com. We hope you found this email of interest. However, we value your privacy. If you do not wish to receive future correspondence from us, please click here to manage email preferences.   VISIT SMARTBEAR.COM   |   UNSUBSCRIBE   |   VIEW IN BROWSER

  

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  by "Andrew from SwaggerHub" <swaggerhub-team@smartbearmail.com> - 10:36 - 9 Jan 2023

• 🎟️ You’re invited! Odoo Roadshow is coming to Bangkok on 21 February 2023

  Hello,  We’re pleased to invite you to our Odoo Roadshow held in Bangkok on 21 February 2023 to discover our newly released Odoo 16 and all its latest features. Date: 21 February 2023 (Tuesday) Time: 9:45 AM - 6:00 PM Location: The Westin Grande Sukhumvit - Ballroom A - 7th Floor Seats are limited - Save the date and register your ticket now!  Register Odoo Roadshow Bangkok 2023 or, click on this link: https://www.odoo.com/r/bGd  — What's on the agenda? 1. Morning Session ☀️ | 9:45 AM - 12 PM: Odoo Partnership Enablement  Introduction of Odoo Partnership Program - designed for IT service companies, consultants, and developers to enrich your business opportunities. *Presentation language: English We are looking for partners from all over the world to help us keep up with our rapidly growing market demand. Take this chance to meet us in person and become our Official Partner! 2. Afternoon Session 🌙  | 2 PM - 6 PM: Odoo Roadshow  Introduction of Odoo, live demo of Odoo 16, talks on technology trends, networking - designed for all businesses, business owners, decision-makers, and entrepreneurs.  *Presentation language: Thai Discover how Odoo can be the all-in-one digital solution to optimize your daily business operations and help elevate your business to the next level. More details of Odoo Roadshow Bangkok 2023 We look forward to seeing you there! Best regards, Odoo APAC Team Unsubscribe

  

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  by "Odoo Events" <events@odoo.com> - 02:56 - 9 Jan 2023

  1 attachments 1 attachments

  attachment

• Best fit: A leader’s guide to matching jobs to skills

  Harmony Internal - McKinsey

  Perfect match ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

  Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   ESSENTIALS FOR LEADERS AND THOSE THEY LEAD Brought to you by Liz Hilton Segel & Homayoun Hatami Global leaders, Industry & Capabilities Practices Economists generally define a job mismatch as a disconnect between open jobs and people looking for work. This is usually because potential candidates don’t have the skills employers need, but mismatches can also happen for other reasons. For example, the people who already work for you may be under- or overqualified for their jobs or may have lost some skills over time. With the competition for talent remaining fierce, leaders may want to pay closer attention to skill mismatches. Most companies know that they have talent gaps, but relatively few are prepared to respond appropriately, according to research by McKinsey senior partner Aaron De Smet and colleagues. Some actions can address common talent disparities. AN IDEA Look for skills, not degrees “Degree inflation” became prevalent about 20 years ago when companies began adding a college degree as a requirement for jobs that hadn’t called for one previously. Now the pendulum is swinging the other way. As talent becomes scarce, many employers are turning to skills-based hiring practices, which select candidates based on their skills and competencies rather than academic degrees. This approach can create a more resilient and inclusive workforce, but merely removing formal educational requirements doesn’t guarantee success. Results from a McKinsey survey show that nearly half of companies struggle to validate candidates’ competencies and references and to source job seekers with the right skills. Employers “should keep an eye on a long-term plan,” suggest McKinsey’s Bryan Hancock, Jonathan Law, and other experts. The impact of skills-based practices is maximized when they’re implemented across the whole talent journey, including in sourcing, hiring, and career development. A BIG NUMBER 50% That’s the projected increase in the amount of time spent using advanced technological skills in the United States by 2030; in Europe, that figure is 41 percent. McKinsey senior partners Eric Hazan and Peter Dahlström and their colleagues report that the largest skill mismatches are likely to be in functions that are already the most automated, such as data analytics, web design, and R&D. Leaders should anticipate severe talent shortages in the rapidly growing field of quantum computing—but watch out for mismatches in filling those vacancies. McKinsey’s Niko Mohr, Rodney Zemmel, and other experts cite the case of a company that hired nearly 1,000 data scientists in the early days of AI but did not realize the expected outcomes: “Just 100 true data scientists placed in the right roles would have been sufficient,” they say. A QUOTE “It is difficult to teach what is not well defined.” That’s McKinsey partners Julia Klier and Jörg Schubert and their coauthors, who were after more precise definitions when they set out to explore the adult training and education that governments will need to provide to citizens in the future. The research they conducted identifies 56 distinct elements of talent (DELTAs) distributed across 13 skill groups and four categories of skills (cognitive, digital, interpersonal, and self-leadership). For example, understanding one’s own strengths is a talent element in the self-awareness and self-management group, which falls under the self-leadership category. Such detailed definitions may spur governments “to ensure that curricula include the DELTAs that will future-proof citizens’ skills in the world of work,” the authors suggest. A SPOTLIGHT INTERVIEW ‘Before you can talk about what makes the individual successful, you have to be able to answer the question, “For what job?”’ says McKinsey senior partner Bill Schaninger in a podcast on how advanced analytics can help leaders make critical talent decisions. Evidence-based data derived from people analytics—which pulls data from various HR and business systems into a unified view—can offer insights into the attributes, experiences, knowledge, and skills that organizations need, enabling leaders to match those capabilities with roles to improve business outcomes. “If you’re about to make a choice about a person, you can probably do it better with some data,” says Schaninger. “It is really that simple.” CAN’T BUY ME LOVE You’ve gone all out to find the right candidate—but failed. Now what? A useful first step may be to understand why. The reasons are complex and not necessarily ones that organizations can solve quickly. For example, COVID-19-related health risks, care duties, burnout, and early retirement are among the reasons people may not want to work. Also pay attention to why employees quit en masse in 2021: low pay, no advancement opportunities, feeling disrespected at work, childcare issues, and lack of flexibility were just a few of the reasons, according to a study. No single organization can resolve all of these concerns, but using them as a springboard to improve working conditions would be a good place to start. Lead by matching well. — Edited by Rama Ramaswami, senior editor, New York Follow our thinking Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. This 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. You received this email because you subscribed to the Leading Off newsletter. Manage subscriptions | Unsubscribe Copyright © 2023 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007

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  by "McKinsey Leading Off" <publishing@email.mckinsey.com> - 02:46 - 9 Jan 2023

• The talent landscape is volatile. How can companies meet employee needs?

  On Point

  Employer–employee relationships are shifting ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

  TODAY’S NEWS. TOMORROW’S INSIGHTS. A daily newsletter from McKinsey & Company Brought to you by Liz Hilton Segel & Homayoun Hatami Global leaders, Industry & Capabilities Practices Talent in a changing market In the news • Most likely to quit. The Great Resignation isn’t over yet. Although employees of all kinds are still leaving their jobs, certain roles are seeing higher turnover. Many of these roles are formerly remote positions that are now being converted to in-person jobs, finds one US compensation software company, suggesting that employees are continuing to prioritize flexibility at work. So which jobs are workers likeliest to quit? Senior customer service reps are at the top of the list, per an analysis of more than 1.1 million US employees’ salary profiles. [Fortune] • In search of accountants. More baby boomers are retiring, and fewer people are looking for jobs. That spells trouble for US employers that are straining to attract skilled workers. Accountants are in short supply at a time when the economy is slowing. Last year through the end of November 2022, US companies posted about 177,880 job openings for roles in accounting and auditing. That’s a 26% increase compared with the same period in 2021. More employers are doling out promotions and raises and are turning to temporary workers for help. [WSJ] “With this talent shortage, companies should be thinking about how they can customize propositions that meet the needs of their own workers.” On McKinsey.com • A shifting relationship. The relationship between employees and employers has fundamentally shifted, say McKinsey’s Bonnie Dowling, Bryan Hancock, and senior partner Bill Schaninger in the latest episode of McKinsey Talks Talent. The COVID-19 pandemic has made it a lot easier to shift jobs, says Hancock. Many employers no longer require new hires to live in the location where the job is being offered. Social capital is also lower, making it easier to move away. In the US alone, four million workers a month are quitting their jobs. • Ultimate flexibility. To attract talent back into the workforce, employers need to make industries and roles attractive from the start. That may take greater creativity. For instance, one manufacturer offered “ultimate flexibility” when it created a new role, Dowling explains. Employees could work any 12 hours (at a minimum) per week, setting their own shifts. Within days, the company received 170 applicants, some of whom have been converted into full-time workers. Hear what today’s companies are doing to meet the changing needs of talent. Learn more — Edited by Belinda Yu, editor, Atlanta Was this forwarded to you? Sign up here. Or send us feedback—we’d love to hear from you. Follow our thinking This 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. You received this email because you subscribed to the On Point newsletter. Manage subscriptions | Unsubscribe Copyright © 2023 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007

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  by "McKinsey On Point" <publishing@email.mckinsey.com> - 10:11 - 8 Jan 2023

• The week in charts

  The Week in Charts

  EV-charging, gender parity, and more ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

  Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   ALL THE WEEK’S DATA THAT’S FIT TO VISUALIZE Our Charting the Path to the Next Normal series offers a daily chart that helps explain a changing world—as we strive toward sustainable and inclusive growth. In case you missed them, this week’s graphics explored EV-charging, gender parity, and US healthcare costs. FEATURED CHART Where we’re going, we need more chargers See more This week’s other select charts A long way to gender parity  Out-of-pocket pinch Follow our thinking Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. This 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. You received this email because you subscribed to The Week in Charts newsletter. Manage subscriptions | Unsubscribe Copyright © 2023 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007

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  by "McKinsey Week in Charts" <publishing@email.mckinsey.com> - 03:03 - 7 Jan 2023

• Zooming in on human development around the world

  Harmony Internal - McKinsey

  Plus, accelerating the energy transition, region by region ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

  Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   To learn and lead through volatility, order Deliberate Calm Monthly Highlights, January 2023 As much as we’d like to leave the turmoil of 2022 behind, much of it will endure into the new year. The world is still reeling from shocks in geopolitics, economics, and energy. But amid the challenges and uncertainty, hopeful prospects remain. In this month’s featured story, McKinsey Global Institute’s Chris Bradley, Marc Canal, Sven Smit, and Jonathan Woetzel created a high-resolution view of the world’s health and wealth by analyzing 178 countries and breaking them down into 40,000 microregions—a view that is 230 times more granular than a country perspective. The result: a story of incredible human progress and a more nuanced understanding of economic development that can help business and government leaders make better, more targeted decisions. Other highlights in this month’s issue include the following topics: • how key stakeholders can accelerate action to promote a more orderly global energy transition • AI adoption, impact, and spend—and how AI leaders are pulling ahead of competitors • volatility in the world’s balance sheet • how businesses can succeed in the face of constrained capital and talent Editor's choice Pixels of Progress: A granular look at human development around the world Our world is big and complex, but human progress is still about life on the ground, up close and in detail. Explore now  THIS MONTH's HIGHLIGHTS The energy transition: A region-by-region agenda for near-term action What practical actions could countries take now to ensure that the energy transition both accelerates and proceeds in an orderly fashion? Make the transition The state of AI in 2022—and a half decade in review The results of this year’s McKinsey Global Survey on AI show the expansion of the technology’s use since we began tracking it five years ago, but with a nuanced picture underneath. Dig into the results Global balance sheet 2022: Enter volatility Growth in the global balance sheet accelerated during the pandemic, but paused in 2022. Monitor and manage Planning for 2023: How US-based businesses can succeed when capital and talent are constrained The Great Recession demonstrated the value of capital discipline. As interest rates are staying higher for longer, US-based leaders can put those lessons to work. Put theory into practice Every company is a software company: Six ‘must dos’ to succeed As software transforms every industry, leaders must turn to a new playbook. Learn a new playbook Designing out of difficult times Design matters—and not just in good times. CEOs who embrace design can enhance strategy and better navigate this age of volatility. Design for resilience ALSO New Inflation-weary Americans are increasingly pessimistic about the economy Nature in the balance: What companies can do to restore natural capital Meet the newest member of the consumer C-suite: The chief transformation officer Projecting the global value of cloud: $3 trillion is up for grabs for companies that go beyond adoption Author Talks: After founding Grubhub, Mike Evans is still hungry European talent is ready to walk out the door. How should companies respond? The board’s role in building resilience New York Metro Area workforce: Challenges and opportunities for growth 2023 McKinsey China Consumer Report: A Time of Resilience Author Talks: Rules of power from Jeffrey Pfeffer to help you get your way Talent in a changing market: What now? Risk and resilience priorities, as told by chief risk officers Survey results: Expectations for company performance, by industry A REVIEW OF 2022 McKinsey Publishing’s year in review A journey through some of the year’s biggest inflection points, plus the insights to help you make sense of them. Reflect  2022: The year in charts Here’s a look back at some of our favorite data visualizations from the year. See the year in charts   2022: The year in images Reflecting on the past year sheds light on pivotal moments and forges the path toward a resilient future. See the year in images   2022: The year in innovation After two years of pushing beyond the traditional article and toward more engaging, accessible, and interactive forms of storytelling for some of our highest-priority insights, we offer this new year-end wrap-up of our adventures in innovative publishing. See the year in innovation   Special features Deliberate Calm A trio of McKinsey veterans offer a unique approach to learning and leading with awareness and intentional choice, even amidst the most challenging circumstances. Order now McKinsey on Books Explore this month’s best-selling business books prepared exclusively for McKinsey Publishing by NPD. See the lists McKinsey on Investing The newest edition examines a year of tumultuous change and its implications for investors, businesses, sectors, and the world in which we live. Download the issue The McKinsey Crossword Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Play on McKinsey Classics To make 2023 more fulfilling, read our 2016 classic article, “Want to be a better leader? Observe more and react less.”  Rewind Leading Off Our Leading Off newsletter features revealing research and inspiring interviews to empower you—and those you lead. Read a sample, and sign up for it or any of our 40+ free email subscriptions. Subscribe — Edited by Eleni Kostopoulos, editor, New York Follow our thinking McKinsey Insights - Get our latest thinking on your iPhone, iPad or Android. Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. This 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. You received this email because you are a registered member of our Monthly Highlights newsletter. Manage subscriptions | Unsubscribe Copyright © 2023 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007

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  by "McKinsey Highlights" <publishing@email.mckinsey.com> - 10:40 - 7 Jan 2023

• Mobility in the metaverse, real-world data, leading with purpose, and more: The Daily Read weekender

  Harmony Internal - McKinsey

  Unwind with these big reads ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

  Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   CURATED PICKS FOR YOUR DOWNTIME, FROM OUR EDITORS Brought to you by Liz Hilton Segel & Homayoun Hatami Global leaders, Industry & Capabilities Practices We’ve made it to 2023. As you gear up for the year ahead, catch up on this week’s big reads on mobility in the metaverse, how nonhealth data can help patients, navigating the insurance industry, and more. Kersten Heineke, Hamza Khan, Timo Möller, Dennis Schwedhelm, Shivam Srivastava and their coauthors discuss how the mobility sector can capture real business value from the metaverse. Make an impact Alex Devereson, Anas El Turabi, and their coauthors explore how nonhealth data such as consumer credit-card spending and geospatial data can help improve health outcomes. Evaluate the data Everest CEO Juan C. Andrade talks to McKinsey senior partner Kia Javanmardian about how he navigated the turbulence of the insurance industry in the past few years. Watch the videos Our weekly briefing note on sustainable and inclusive growth explores the global luxury-vehicle sector’s transition to electric, how drones could disrupt traditional transport modes, and more. Get updated QUOTE OF THE DAY “We don’t have words to describe the profession of trying to make the world better, even though there are millions of people in it. It is a compliment to humanity that we have figured out how to make it people’s job to support each other, to support their communities, and to support the ecosystems around them.” —Jacob Harold, cofounder of Candid and the former CEO of GuideStar, on what it takes to build a better world in a recent Author Talks interview chart of the day See today’s chart Ready to unwind? Data Points: Your weekly quiz How well do you know the numbers behind the changes in business, society, and the world? Take the McKinsey weekly quiz to find out. Take the quiz  What is proof of stake? Proof of stake (PoS) is a consensus protocol in blockchains. It is a way to decide which user or users validate new blocks of transactions and earn a reward for doing so correctly. Understand the concept  39-Across: Good trait to have in an emergency situation Know the answer? Test yourself with the latest McKinsey Crossword, Body Building | No. 109 Break a leg  — Edited by Joyce Yoo, editor, New York Follow our thinking Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. This 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. You received this email because you subscribed to the Daily Read newsletter. Manage subscriptions | Unsubscribe Copyright © 2023 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007

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  by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:24 - 6 Jan 2023

• Digital transformations: The five talent factors that matter most

  Harmony Internal - McKinsey

  Get set for success ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

  Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   AN ARTICLE A DAY, PICKED BY OUR EDITORS Brought to you by Liz Hilton Segel & Homayoun Hatami Global leaders, Industry & Capabilities Practices Let’s face it—digital transformations aren’t easy for any organization. Sustaining improvements over time can be a challenge, but organizations that have been successful in the transformation journey generally focus on talent and technology, according to McKinsey senior partners Vincent Bérubé, Greg Kudar, Eric Lamarre, Gérard Richter, Tamim Saleh, Alex Singla, Rodney W. Zemmel, and their coauthors. They revisited over 30 large-scale digital transformations across industries to see how talent and technology decisions affected the success of these programs, and lay out five core themes in a new article. Check it out and explore how your organization can grow to its full potential. Digital transformations: The five talent factors that matter most Setting up a winning digital and advanced-analytics organization is hard. Decisions about talent and technology will often determine the transformation’s success. Get set for success   Quote of the day “Sometimes one person could be the difference in whether the company succeeds or doesn’t. Everybody always talks about talent and how important it is. But I truly realize that if I didn’t have some of these people on the team, we would’ve never been able to make it to where we are.” —Jan Bednar, founder and CEO of ShipMonk, on his most surprising lesson as a CEO in a recent installment of Logistics Disruptors Chart of the day See today’s chart   ALSO NEW HR’s new operating model Interviews with more than 100 chief human resources officers and people leaders reveal how the HR operating model is changing to drive value in a volatile business environment. Put people first   Tech highlights from 2022—in eight charts Here’s a look back at some of the important technology story lines from the year that was. Take a look at tech   Bridging the gap: Transversal technologies to boost Romania’s resilience Romania is facing a widening technological gap compared with the rest of Europe. Huge value is at stake—as is the country’s long-term prosperity. What can turn the tide? Act now   — Edited by Joyce Yoo, editor, New York Follow our thinking Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. This 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. You received this email because you subscribed to the Daily Read newsletter. Manage subscriptions | Unsubscribe Copyright © 2023 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007

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  by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:20 - 5 Jan 2023

• A miracle of widespread progress: A 20-year journey of health and income

  Harmony Internal - McKinsey

  191 million people experienced negative income growth in two decades ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

  Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   Learn more about McKinsey Global Institute New from McKinsey & Company Is progress stalled in your part of the world? Did you know that people living in the city of Busan in South Korea gained 7.3 years of life expectancy from 2000 to 2019, and GDP per capita more than doubled from $17,800 to $37,350? To find out why, and learn which microregions experienced declining life expectancy, don’t miss A miracle of widespread progress: A 20-year journey of health and income, Chapter 2 of Pixels of Progress from the McKinsey Global Institute. Go on a journey Follow our thinking McKinsey Insights - Get our latest thinking on your iPhone, iPad or Android. Share these insights Did you enjoy this email? Forward it to colleagues and friends so they can subscribe too. Was this alert forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. This 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. You received this email because you subscribed to our McKinsey Global Institute alert list. Manage subscriptions | Unsubscribe Copyright © 2023 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007

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  by "McKinsey Global Institute" <publishing@email.mckinsey.com> - 02:46 - 5 Jan 2023

• 10 must-read insights you might have missed in December

  Harmony Internal - McKinsey

  We’ve got you covered ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

  Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   Brought to you by Liz Hilton Segel & Homayoun Hatami Global leaders, Industry & Capabilities Practices New from McKinsey & Company 10 must-read insights you might have missed in December We know how busy the holiday season can be—so we’ve rounded up some of our best insights published in December in case they got lost in your inbox. Learn how generative AI and other foundation models are changing the AI game, from Michael Chui, Roger Roberts, and Lareina Yee; uncover the secret to great health, from Tom Latkovic; understand why business building is a powerful way to extend into new and higher growth areas, from Matt Banholzer, Ralf Dreischmeier, and Ari Libarikian; and much more. Stay tuned for more great insights in the year ahead to help you make better informed business decisions. Read more Generative AI is here: How tools like ChatGPT could change your business Generative AI and other foundation models are changing the AI game, taking assistive technology to a new level, reducing application development time, and bringing powerful capabilities to nontechnical users. Get ready The secret to great health? Escaping the healthcare matrix The blueprint to achieve a lifetime of great health is increasingly clear and within our control. But unlocking it requires challenging the orthodoxies currently guiding individuals and institutions. Look at the big picture  Business building: The path to resilience in uncertain times In an uncertain economy, executives’ first instinct might be to cut costs and shore up established holdings. A better way is to build new businesses. Start today  The end of the expense report: A conversation with Ramp’s Eric Glyman A payments tech veteran has turned his attention to the commercial arena, looking to save companies time and money while automating business finance. Listen to the episode  Lessons in leadership: Getting past politics to deliver for the people Massachusetts Governor Charlie Baker, a Republican, tapped Democrat Steve Kadish as his first chief of staff. Together, they developed a framework for “moving beyond politics to get important work done.” Discover more  Five Fifty: Make way for the metaverse The metaverse is morphing—and investments in the space are growing. Are you making the right moves? Take a deep dive  Planning for 2023: How US-based businesses can succeed when capital and talent are constrained The Great Recession demonstrated the value of capital discipline. As interest rates are staying higher for longer, US-based leaders can put those lessons to work. Put theory into practice  How people and organizational moves can power up energy firms in 2023 A shifting landscape means energy companies need to rev up —and people and organizational topics are at the heart of firms that are successfully navigating the road ahead. Learn more  To regionalize or not? Optimizing North American supply chains Companies have much to consider when deciding whether to relocate all or part of their production and supply chain footprints to meet North American market needs. Accelerate and grow  Economic conditions outlook during turbulent times, December 2022 Sentiments on the global economy have lifted after a negative turn in June, though executives remain uneasy. They continue to see geopolitical conflicts and inflation as top economic threats. Dive in  To see more essential reading on topics that matter, visit McKinsey Themes. — Curated by Eleni Kostopoulos, editor, New York Follow our thinking Share these insights Did you enjoy this email? Forward it to colleagues and friends so they can subscribe too. Was this forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. McKinsey Insights - Get our latest thinking on your iPhone, iPad or Android. This 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. You received this email because you subscribed to our McKinsey Quarterly alert list. Manage subscriptions | Unsubscribe Copyright © 2023 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007

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  by "McKinsey & Company" <publishing@email.mckinsey.com> - 10:33 - 5 Jan 2023

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  by "Sangoma Technologies" <webannounce@sangoma.com> - 05:17 - 5 Jan 2023

• ADAS and DMS - White Label GPS Tracking Software

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  ADAS and DMS for enhanced driver safety 65+ countries | 500,000+ units | 50,000+ happy customers Tracker independent | Supports multiple language Download E-Book Fleet managers have a lot on their plate. Between ensuring vehicles are properly maintained, tracking driver behavior, and managing fuel costs, there's a lot to keep track of. ADAS(Advanced Driver Assistance System) and DMS(Driver Monitoring System) can help with all of these things Key Benefits Improve problematic driving Drivers and managers get real-time feedback on driving habits. Eliminate harsh braking, idling, sleepy behavior, smoking, etc. Enhance driver safety Drivers can stay safe on the road with warnings for dangerous situations and assisting with collision avoidance. Avoid collisions Features like blind spot monitoring, lane departure warning, forward collision warning, etc. are designed to avoid collisions. Confident and efficient driving ADAS assists drivers in driving confidently and efficiently with parking assistance, tracking, and better route optimization. Fleet Management Platform That Grows With You Get a demo Plan & Pricing 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 Unsubscribe Manage preferences

  

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  by "Jignesh Pardeshi" <official@uffizio.in> - 10:30 - 4 Jan 2023

• Looking ahead at shared autonomous mobility

  Harmony Internal - McKinsey

  Make strong partnerships ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

  Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   AN ARTICLE A DAY, PICKED BY OUR EDITORS Brought to you by Liz Hilton Segel & Homayoun Hatami Global leaders, Industry & Capabilities Practices 2022 was a big year for the autonomous-vehicle (AV) industry. While there were some challenges, many AV companies are still gearing up for commercialization of robo-taxis and robo-shuttles. In a new article, McKinsey partner Kersten Heineke and his coauthors outline five factors that could help steer companies toward a bright future of shared autonomous mobility. Give it a read and set yourself up for success. Where does shared autonomous mobility go next? Shared autonomous mobility is at a critical point, and five factors may determine how the market evolves and which companies succeed. Make strong partnerships   Quote of the day “We’re increasingly trying to create digital products that supplement the physical experience. . . . We want to have a seamless contemporary workplace where people’s lives could be made much easier using technology.” —Orlando Machado, chief data officer for the Lego Group, in “How Lego plays with data: An interview with chief data officer Orlando Machado” Chart of the day See today’s chart   ALSO NEW Buy and scale: How incumbents can use M&A to grow new businesses Digital disruptors use M&A to build and scale new businesses at speed. Incumbents can do so, too. Drive growth with M&A   New EV entrants disrupt Europe’s automotive market Asian EV players are entering Europe at high speed, with widely different strategies—and consumers are interested. Learn more   Author Talks: A toolbox for social change Cofounder of Candid and former GuideStar CEO Jacob Harold details the tools—from design thinking to game theory—that organizations can use to optimize their social-impact work. Build a brighter future   — Edited by Joyce Yoo, editor, New York Follow our thinking Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. This 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. You received this email because you subscribed to the Daily Read newsletter. Manage subscriptions | Unsubscribe Copyright © 2023 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007

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  by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:47 - 4 Jan 2023

• The service mesh v/s APIM debate - What you should know for your API-first business

  The service mesh v/s APIM debate: What you should know for your API first business

  A debate for the ages. Let's kick off 2023 settling the Service Mesh v/s APIM debate once and for all!

  View in browser Hi MD Abul,   It's the start of an exciting new year! New resolutions to make, new technologies to explore and discuss. However, some old familiar questions still remain.   Let me paint a little scenario for you. So you’re a CTO, a lead architect or a senior engineer, and you’re looking into API management (APIM), which also led you to service mesh. Or you recently discovered service mesh, which led you to hear about APIM.   You’re (justifiably) confused about which to pick for your needs. It seems like there’s a lot of overlap, but also some major differences in terms of their purpose. You’re not alone! Register Now In this edition of the great API debate, join Sedky Abou-Shamalah, Director Solution Architecture, Ahmet Soormally, Head of Research, and Budha, Product Evangelist at Tyk on Jan 10, 2023 07:00 PM GMT/ 02:00 PM Eastern as they unpack the similarities and differences between the two, answering some of your most burning questions such as: If I adopt a service mesh approach to applications, do I still need an API gateway? If I already have an API gateway, should I bother with service mesh? I can’t possibly use both, can I? It's a debate for the ages. So, let's kick off 2023 settling the Service Mesh v/s APIM debate once and for all! Register Now Wishing you and your team a very happy new year! Hope you have an incredibly successful year ahead!   See you at the webinar.   Faye Community Manager Tyk P.S. We have more events coming soon! Check them out. Tyk, 87a Worship Street, London, City of London EC2A 2BE, United Kingdom, +44 (0)20 3409 1911 Unsubscribe Manage preferences

  

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  by "Faye Tandog" <faye@tyk.io> - 08:01 - 3 Jan 2023

• How much does the country you live in affect life expectancy? Not as much as you think

  Harmony Internal - McKinsey

  Did you know? ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

  Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   New from McKinsey & Company Microregions matter more In Cambodia, the national average life expectancy was 69.8 years in 2019. But in some microregions along the coast and around the country’s largest cities, life expectancy is 74.6 years—while it dips as low as 61.4 years in rural areas (where 80 percent of the population lives). Find out some possible reasons why in Pixels make the picture: A guided tour through the granular world, Chapter 1 of Pixels of Progress from the McKinsey Global Institute. See the world in pixels Follow our thinking McKinsey Insights - Get our latest thinking on your iPhone, iPad or Android. Share these insights Did you enjoy this email? Forward it to colleagues and friends so they can subscribe too. Was this alert forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. This 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. You received this email because you subscribed to our McKinsey Global Institute alert list. Manage subscriptions | Unsubscribe Copyright © 2023 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007

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  by "McKinsey Global Institute" <publishing@email.mckinsey.com> - 02:09 - 3 Jan 2023

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  by "Jignesh Pardeshi" <official@uffizio.com> - 10:30 - 2 Jan 2023

• 12 months, 3 published books, and 60-plus interviews later

  Readers & Leaders

  Another year in the books ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

  Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   THIS MONTH'S PAGE-TURNERS ON BUSINESS AND BEYOND In a year marked by economic uncertainty, global conflict, and a confluence of other disruptions, McKinsey on Books strived to provide business leaders and organizations with educational, actionable, and inspirational insights—with the help of leading authors and business strategists. Senior partners Carolyn Dewar, Scott Keller, and Vik Malhotra shared the key to great leadership in the acclaimed bestseller, CEO Excellence; Dr. Tracy Dennis-Tiwary taught us how to use anxiety to our advantage; and this month, Grubhub cofounder Mike Evans explained how he connects financial return with social impact.  Take a look back at the year in books and catch up on new conversations from Author Talks, plus this month’s top bestselling business books, prepared exclusively for McKinsey by NPD BookScan. Itching for more? Visit McKinsey on Books for the latest, and to get Readers & Leaders in your inbox monthly, click here to subscribe. IT BEARS REPEATING “By the time I was halfway across the country, I thought, ‘Well, that was enough of that.’ I realized I was more interested in the relationships I developed with the other cyclists than in the journey. … It wasn’t my goal when I started the ride, but then that became the goal. There’s this thing that happened at Grubhub that also happened on the bike trip, which is the nature of the human journey: as we approach our goals and we change, our goals change—and it’s okay.” —Mike Evans, cofounder of Grubhub and author of Hangry: A Startup Journey (Legacy Lit, November 2022), in a recent edition of Author Talks A YEAR FOR THE BOOKS March 15: CEO Excellence: The Six Mindsets That Distinguish the Best Leaders from the Rest (Scribner) hits bookshelves August 5: McKinsey releases its annual summer reading guide for 2022, with recommendations from CEOs, Nobel Prize winners, and others October 25: The Titanium Economy: How Industrial Technology Can Create a Better, Faster, Stronger America (Public Affairs) hits bookshelves November 29: Deliberate Calm: How to Learn and Lead in a Volatile World (Harper Collins) hits bookshelves December 18: The Readers & Leaders newsletter celebrates the first anniversary of its inaugural edition CEO EXCELLENCE NAMED TOP LEADERSHIP BOOK OF 2022 This month, the Next Big Idea Club—a book community curated by Malcolm Gladwell, Susan Cain, and other prominent thinkers—named CEO Excellence: The Six Mindsets That Distinguish the Best Leaders from the Rest as the number-one leadership book of the year. Other books on the top 20 list include: - A New Way to Think: Your Guide to Superior Management Effectiveness Catch Roger Martin on Author Talks for more about the book. - Smart Growth: How to Grow Your People to Grow Your Company Catch Whitney Johnson on Author Talks for more about the book. - Tomorrow’s Capitalist: My Search for the Soul of Business Catch Alan Murray on Author Talks for more about the book. - Inclusion on Purpose: An Intersectional Approach to Creating a Culture of Belonging at Work Catch Ruchika Tulshyan on Author Talks for more about the book. MORE BOOKS FROM MCKINSEY Deliberate Calm McKinsey’s new #DeliberateCalmBook offers a unique approach to learning and leading with awareness and intentional choice, even amid the most challenging circumstances. Order your copy now  The Titanium Economy A Wall Street Journal bestseller, McKinsey’s new #TitaniumEconomyBook explores industrial tech and reveals this underappreciated and undervalued sector for what it really is: a reliable source of high-paying domestic jobs and soaring stock prices. Order your copy now  YOUR FAVORITE AUTHOR TALKS INTERVIEWS OF 2022 January: What separates the best CEOs from the rest? with McKinsey senior partners Carolyn Dewar, Scott Keller, and Vik Malhotra February: Hacking into humanity with futurist Amy Webb March: Attributes—not skills—determine whether you ‘cut it’ or not with Navy SEAL commander Rich Diviney April: How to handle your work jerk with NYU associate professor Tessa West May: Make anxiety your ally with Wise Therapeutics founder Tracy Dennis-Tiwary June: The 15-year career is here with rich & REGULAR blog creators Julien and Kiersten Saunders July: Lead like a girl with former marketing executive Dalia Feldheim August: Don’t skip the ‘soft stuff’ with Udemy chief learning officer Melissa Daimler September: How to remove unconscious bias from the workplace with journalist Jessica Nordell October: Turn your work enemies into allies with Harvard Business Review contributing editor Amy Gallo November: What poker pro Annie Duke can teach you about quitting on time with decision-making strategist Amy Duke December: Rules of power from Jeffrey Pfeffer to help you get your way with Stanford professor Jeffrey Pfeffer IN CASE YOU MISSED IT Stanford’s Jeffrey Pfeffer explains which rules to follow and which to break in order to advance your career: “The rules are made by those already in power. If you’re already in power, follow the rules. If you’re not, make your own.” Watch the full interview.  Columbia’s Hitendra Wadhwa knows how to stay true to your inner self: “Pay heed to your inner experience. What are the moments and practices and who are the people who make you feel most connected with the peace, joy, love, and wisdom that exist at the very core of your being?” Watch the full interview. Activist and runner Alison Mariella Désir dismantles the Whiteness of long-distance running: “[It’s] the way that people look at you and are surprised to find you in a certain neighborhood, the way that people say to me, ‘Oh, you run?’ the way that people make assumptions that I must be a beginner, the way a cop might see me running and roll by and look at me funny, making me feel like I have to say hello. …My hope is that, with this book, we can change that.” Watch the full interview. Peter Fader and Michael Ross share their guide for conducting better customer-base audits: “The opportunities to use customer analysis to change behavior go way, way beyond what is in the marketing domain—it goes to how we think about profitability.” Watch the full interview. Former GuideStar CEO Jacob Harold details how companies across sectors can bring more social impact to their work: “You need to be thoughtful about bringing the experiences of others, the distribution of consequences, and a stance of deep truthfulness to your work, even when that means you have to admit that something you’re doing is going off the rails.” Watch the full interview.  TRANSPARENCY We produced 67 Author Talks interviews this year from conversations with 76 authors. These authors were 43 percent women and 30 percent Black, Indigenous, and people of color. BUSINESS BESTSELLERS TOP 8 Whether you’re unwinding from the holidays or getting a head start on your New Year’s resolutions, find your next entertaining or enlightening read on this month’s list of business bestsellers in eight categories, prepared exclusively for McKinsey by NPD BookScan. Explore the full selection on McKinsey on Books. BUSINESS OVERALL Atomic Habits: An Easy & Proven Way To Build Good Habits & Break Bad Ones by James Clear (Avery Publishing Group) BUSINESS HARDCOVER Atomic Habits: An Easy & Proven Way To Build Good Habits & Break Bad Ones by James Clear (Avery Publishing Group) DECISION MAKING Ideaflow: The Only Business Metric That Matters by Jeremy Utley and Perry Klebahn (Penguin Group USA) ECONOMICS MegaThreats: Ten Dangerous Trends That Imperil Our Future, and How to Survive Them by Nouriel Roubini (Hachette Book Group) ORGANIZATIONAL BEHAVIOR Atomic Habits: An Easy & Proven Way To Build Good Habits & Break Bad Ones by James Clear (Penguin Group USA) WORKPLACE CULTURE The Conversation: How Seeking and Speaking the Truth About Racism Can Radically Transform Individuals and Organizations by Robert Livingston (Random House) DIVERSITY & INCLUSION Caste: The Origins of Our Discontents (Oprah’s Book Club) by Isabel Wilkerson (Random House) SUSTAINABILITY Net Positive: How Courageous Companies Thrive by Giving More Than They Take by Paul Polman and Andrew Winston (Harvard Business Review Press) BOOKMARK THIS What just happened? Join McKinsey Global Publishing on a month-by-month journey through some of the year’s biggest inflection points, plus the insights to help you make sense of them. See the review  Deliberate Calm McKinsey’s new #DeliberateCalmBook offers a unique approach to learning and leading with awareness and intentional choice, even amid the most challenging circumstances. Order your copy now  The McKinsey Download Hub Download McKinsey’s signature reports and special collections on the management issues that matter, from leading through the COVID-19 crisis to managing risk and digitizing operations. Get smart   If you’d like to propose a book or author for #McKAuthorTalks, please email us at Author_Talks@McKinsey.com. Due to the high volume of requests, we will respond only to those being considered. — Curated by Molly Liebergall, editor, New York Follow our thinking Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. This 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. You received this email because you subscribed to the Readers & Leaders newsletter. Manage subscriptions | Unsubscribe Copyright © 2022 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007

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  by "McKinsey Readers & Leaders" <publishing@email.mckinsey.com> - 11:36 - 31 Dec 2022