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Chief performance officers can be a secret ingredient for private equity success. Here’s why
Harmony Internal - McKinsey
Understand the role Edited by Stephanie d’Arc Taylor
Editor, Southern CaliforniaQuote of the day
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by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 05:12 - 8 Nov 2022 -
6.6 billion iOS and Andriod mobile users, 5 key learnings from the New Relic Observability Forecast, and State of Logs Report.
New Relic
November 2022
Cross-platform support with React Native and mobile monitoring
As of 2022, there are more than 6.6 billion smartphone users in the world, roughly equivalent to 83.4% of the world’s population. Developers need to keep up with the times and in our blog post "Cross-platform support with React Native and mobile monitoring" you can learn how to monitor your iOS and Android apps built with React Native.
Read more 2022 State of Logs Report has now been released! In the report, the New Relic study found that compared to the previous year, logging data has increased by more than a third. In the State of Logs Report 2022, the observability specialists also name the current most popular open-source tool for logs.
Five key findings from the 2022 Observability Forecast report
As infrastructure and application environments grow in complexity, IT decision-makers (ITDM) have bold plans to ramp up observability capabilities. Here are five key findings on the current state of observability and where the greatest growth opportunities are for organizations.
New Relic University[Webinar] First Steps: Uplevel Uptime, Reliability, and Scale
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New Relic in the News35% year-over-year increase in logging data burdens software engineers
Java has a 'Commanding Lead' with App Log Data
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by "EMEA Marketing" <emeamarketing@newrelic.com> - 06:31 - 8 Nov 2022 -
Can the US maintain its edge in innovation in emerging climate technologies?
On Point
One market where the US leads Edited by Belinda Yu
Editor, Atlanta• Competing in climate tech. Around the world, countries in pursuit of net-zero goals are investing in climate technologies. Decarbonization efforts will play out over the next decades. But for those hoping to gain a competitive edge in next-generation technologies, the window to act is far shorter. The US could turn its strong record in climate tech innovation into a thriving manufacturing and export sector, says McKinsey senior partner Laura Corb and coauthors. That could create many benefits, such as boosting economic growth.
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by "McKinsey On Point" <publishing@email.mckinsey.com> - 12:27 - 8 Nov 2022 -
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by "Jignesh Pardeshi" <official@uffizio.in> - 10:02 - 7 Nov 2022 -
We hope you get to catch this live session | Creative Cloud and its collaborative features
Adobe
On the fence whether to add Adobe Creative Cloud to the suite of solutions for your company? Find out how our collaborative features can value add to your business to make it worthwhile!Live Webinar
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11am SGTJoin Nelson, senior solutions consultant at Adobe, to hear how Adobe is helping customers navigate this new, screen-mediated reality, with updated software and tools to enable virtual, collaborative creative work. In this session, you will get to see live demos and application areas to gain in-depth knowledge on how your team can collaborate seamlessly on Creative Cloud apps.
Also, kickstart your design journey with Adobe Stock, a diverse collection of our most incredible high-resolution, royalty-free, stock assets. Looking to create something truly realistic, like renderings for your company's product portfolio or something imaginative like an alternate reality? 3D is the unlock to making anything possible through Substance.
Lastly, Adobe MAX 2022, one of the flagship events of the creative industry, has recently wrapped up. Catch a glimpse of highlights and latest features revealed at the show and get ready to be inspired!
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by "Adobe" <demand@info.adobe.com> - 08:04 - 7 Nov 2022 -
How big data can be used to build a more equitable future
Harmony Internal - McKinsey
Be cautiously optimistic Edited by Katherine Tam
Editor, New YorkWhat comes to mind when you think of big data? Are you concerned about the negative effects of automation, AI, and data collection, especially as it relates to privacy? While technology can certainly do harm, tech policy scholar Orly Lobel says that advancements in technology can also lead us toward a more equitable future. In a new Author Talks interview, she argues that technology can be a powerful tool for positive societal change, and that it’s important that we “know what the worst practices are,” while also having “a vision and blueprint of the best practices.” Be sure to join the conversation. And for more on how institutional investors and private equity firms can use data to measure progress in diversity, equity, and inclusion, check out this recent article from David Baboolall (they/them) and Alexandra Nee (she/her).
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by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:24 - 7 Nov 2022 -
A leader’s guide to strengthening workplace connections
Harmony Internal - McKinsey
The ties that bind Edited by Rama Ramaswami
Senior Editor, New YorkAs remote work takes root in many organizations, the workplace camaraderie and connections that office workers previously took for granted are declining fast—and may be a factor in the discontent that leads to employee attrition. To counter this, business leaders should consider managing social capital with the same intentionality and precision that they bring to handling human, financial, and other forms of corporate capital. Based on their survey of more than 5,500 US workers on the state of their networks and connections, McKinsey senior partners John Parsons and Bill Schaninger, along with coauthors Taylor Lauricella and Brook Weddle, suggest that leaders can evaluate an organization’s social capital by examining whether employees have the motivation, access, and ability to build relationships. Leaders can then offer individual coaching and mentorship, as well as initiate organizational network-building activities.
That’s according to a McKinsey survey of inclusion in the workplace, defined as the extent to which individuals feel that their authentic selves are welcomed at work, enabling them to make the connections and contributions that advance their career goals. Respondents consider inclusion so important that 39 percent have turned down a job because they did not perceive the potential employer as inclusive. Leaders can help foster the connections that strengthen inclusion—for example, by helping underrepresented colleagues develop meaningful support systems and creating an inclusive, purposeful experience for everyone.
‘I think social capital can be built in a virtual context as well as an in-person context,’ says McKinsey partner Brooke Weddle in this podcast on how to build a better sense of community in a workplace reshaped by the pandemic. In a large-scale survey of US-based companies, “we found that access to social capital has gone way down,” says Weddle. “Specifically, fewer than 15 percent of employees reported that their network had grown.” One way to address this may be to build social capital into performance management systems; for example, sponsorships that help junior employees advance can motivate people to develop relationships. Leaders can highlight the importance of social capital through actions such as checking in with team members on a personal level before starting a meeting. “I think leaders can play a big role in terms of role modeling what it looks like to place importance on the concept of social capital,” Weddle says.
Should you cultivate a best friend at work? Workplace friendships have been shown to improve employee engagement, retention, and satisfaction, and their absence can cause isolation and depression. But there’s a flip side: being too friendly with people at work can lead to friction, competition, perceptions of favoritism, or blurring of professional and personal boundaries. For example, you may avoid making a tough decision in the workplace because of fear of offending a friend. Leaders would do best to avoid such situations; rather, they may want to focus on instilling trust and confidence among employees, with the goal of improving overall workplace happiness.
Lead socially.
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by "McKinsey Leading Off" <publishing@email.mckinsey.com> - 02:09 - 7 Nov 2022 -
Hydrogen could play a key role in a low-carbon future. Here’s how.
On Point
Five charts on hydrogen Edited by Belinda Yu
Editor, Atlanta• Clean-hydrogen demand. Hydrogen could play a key role in helping the world reach net-zero emissions by 2050, according to McKinsey senior partner Bernd Heid, partner Markus Wilthaner, and coauthors. Most hydrogen today is produced with fossil fuels. However, fulfilling hydrogen’s potential as a tool for decarbonization will require a significant scale-up of clean hydrogen. Demand for clean hydrogen could grow to approximately 660 million metric tons annually by 2050, analysis by McKinsey and the Hydrogen Council finds.
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by "McKinsey On Point" <publishing@email.mckinsey.com> - 12:41 - 7 Nov 2022 -
[Webinar Invite] How to Create an Optimized API Development Process
SmartBear
Don't forget to register to learn how SmartBear can help in your API Development ProcessSuccessful digital strategies rely on delivering quality and consistent APIs. To do so, you need an integrated and optimized API development workflow that ensures quality while improving efficiency.
Join us on November 9th and/or 11th to learn how you and your team can best deliver high-quality APIs at speed and scale.
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Upcoming EventsUPCOMING WEBINARCollaboration and Automation for APIsIn this three-part webinar series, we’ll help development and testing teams learn how ReadyAPI can be adapted to meet these evolving API testing needs.ANNUAL SURVEYState of Software Quality | API SurveyYour feedback helps shape the future of API design, documentation, and governance. Participate now and SmartBear will donate to a charity on your behalf!Hope to see you there!
P.S. We will send out a recording after the webinar in case you cannot attend.Andrew MarottaGrowth Marketing Manager, SmartBearThis 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.
by "Andrew from SwaggerHub" <swaggerhub-team@smartbearmail.com> - 09:31 - 6 Nov 2022 -
The week in charts
The Week in Charts
Black consumers' needs in financial services, why insurance carriers are looking to the cloud, and more Share these insights
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by "McKinsey Week in Charts" <publishing@email.mckinsey.com> - 03:52 - 5 Nov 2022 -
Is the world transitioning to the next era?
McKinsey&Company
Plus, a resilience framework for European leaders .Share this email Monthly Highlights, November 2022 Today’s events—a global pandemic, energy scarcity, rapid inflation, and geopolitical tensions—might feel like a cluster of earthquakes that is reshaping our world. Are we in the early throes of a seismic shift? In a new discussion paper from the McKinsey Global Institute (MGI), director Chris Bradley, partner Jeongmin Seong, chairman and director Sven Smit, and director Jonathan Woetzel suggest a framework to imagine a new era, drawn from a historical perspective of the structural tectonics that underpinned the world we have today and how they might play out. Our second featured story this month provides a resilience framework for European business leaders as they face a confluence of crises and a deeply unsettled economy. Other highlights in this month’s issue include the following topics: - why women leaders are switching jobs at the highest rate ever seen
- how to cultivate organizational resilience
- why burnout has hit record levels over the past two years and what leaders can do about it
- which skills current and former COOs see as necessary to operate effectively in the years to come
Editor’s choice On the cusp of a new era? Current economic and political turbulence could presage the start of a new era that is structurally very different with a new narrative of progress. Download the full discussion paper A defining moment: How Europe’s CEOs can build resilience to grow in today’s economic maelstrom Can leaders lift their companies to the next frontier of resilience—not only to survive but also to thrive? Get the bigger picture THIS MONTH’S HIGHLIGHTS Women in the Workplace 2022 Women leaders are switching jobs at the highest rates we’ve ever seen, and ambitious young women are prepared to do the same. That’s according to the latest Women in the Workplace report from McKinsey, in partnership with LeanIn.Org. Rise to the moment Raising the resilience of your organization Repeatedly rebounding from disruption is tough, but some companies have a recipe for success: a systems mindset emphasizing agility, psychological safety, adaptable leadership, and cohesive culture. Adapt now Beyond burnout: What helps—and what doesn’t Despite leaders’ best efforts, worldwide burnout persists. New research reveals why—and how to help employees begin to thrive again. Avoiding burnout Stepping up: What COOs will need to succeed in 2023 and beyond COOs are increasingly important to corporations, but what skills will they need to perform at their best? Business leaders weigh in. Top 5 proficiencies The future of mobility: Transforming to be ahead of the opportunity As electric mobility gains momentum in India and other countries, it could prompt disruptions and structural shifts in the automotive industry. Embrace the possibility Digital twins: The foundation of the enterprise metaverse Companies can leverage digital twins in a way that delivers significant value today—while building the engine for the enterprise metaverse of tomorrow. Take the journey ALSO NEW Decarbonising India: Charting a pathway for sustainable growth US holiday shopping 2022: ’Tis the season to be (cautiously) optimistic The Titanium Economy: How to overcome the challenge of filling high-quality jobs The Great Reset: North American asset management in 2022 Embedded finance: Who will lead the next payments revolution? Author Talks: Turn your work enemies into allies The scaling imperative for industry 4.0 Digital resilience: Consumer survey finds ample scope for growth Author Talks: Dismantling double standards in business with CNBC’s Julia Boorstin How does Gen Z see its place in the working world? With trepidation Identifying opportunities and starting to build a new green business in the industrial sector Tech at the edge: Trends reshaping the future of IT and business What workers want is changing. That could be good for government Women Matter Mexico 2022: Lights and shadows of the pandemic SPECIAL FEATURES We’re helping build an economy that works for all. We’re taking action to create a more inclusive economy through our work with clients, and in local communities. Look closer Deliberate Calm The key to leading through volatility comes from within. #DeliberateCalmBook Preorder now McKinsey on Risk Today’s business and public-sector leaders face a risk landscape disrupted at levels that few have seen before. Download the issue The McKinsey Crossword Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Play now McKinsey Classics Learn why shareholder capitalism is still the best path for economic prosperity with our classic, “The real business of business.” Rewind Get your Daily Read Read a sample of the Daily Read newsletter, and sign up for it or any of our 40+ free email subscriptions. Subscribe — Curated by Eleni Kostopoulos, an editor in McKinsey’s New York office Follow our thinking McKinsey Insights - Get our latest
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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 © 2022 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007
by "McKinsey Highlights" <publishing@email.mckinsey.com> - 11:46 - 5 Nov 2022 -
Strategic quitting, learning from emergencies, DEI in private markets, and more: The Daily Read weekender
Harmony Internal - McKinsey
Highlights for your downtime CURATED PICKS FOR YOUR DOWNTIME, FROM OUR EDITORS
Joyce Yoo
Editor, New YorkWe’ve made it to November and fall is in full swing in the Northern Hemisphere. As you unwind this weekend, catch up on the week’s essential reads on quitting on time, what emergencies can teach us about solving long-term problems, DEI in private markets, and more.
Quote of the day
—Ante Spittler, CEO and cofounder of Moss, on what he looks for in investors in “Hyperscaling a fintech start-up: Lessons from Moss”
Chart of the day
ready to unwind?
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by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:29 - 4 Nov 2022 -
A devilish duality: How CEOs can square resilience with net-zero promises
Harmony Internal - McKinsey
5 core actions New from McKinsey Quarterly
A devilish duality: How CEOs can square resilience with net-zero promises
5 core actions Share these insights
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by "McKinsey Quarterly" <publishing@email.mckinsey.com> - 04:45 - 4 Nov 2022 -
‘It’s important to bring the spirit of emergencies to the long term’
Harmony Internal - McKinsey
Listen up Share these insights
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by "McKinsey Quarterly" <publishing@email.mckinsey.com> - 02:04 - 4 Nov 2022 -
Webinar: Sangoma 3rd Party Integration: All You Should Know
Webinar: Sangoma 3rd Party Integration: All You Should Know
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by "Sangoma Technologies" <webannounce@sangoma.com> - 03:31 - 4 Nov 2022 -
The ‘other’ nuclear energy is a powerful climate solution. Is its time coming?
The Shortlist
Breaking barriers Edited by Barbara Tierney
Senior Editor, New YorkThis week, why the case for nuclear fusion is growing stronger. Plus, how a labor shortfall could affect plans to upgrade US infrastructure, and a McKinsey partner and former international sailing champion shares her favorite podcasts.
No carbon. What if a technological breakthrough in another area could help the power sector decarbonize—and help prevent the worst effects of climate change? The potential exists, in nuclear-fusion energy. In a recent article, senior partner Miklós Dietz and his colleagues discuss how fusion could supply power and provide flexibility for zero-carbon electricity grids. This is different from nuclear fission, which releases energy by splitting atoms. Fusion creates energy by combining atoms, typically hydrogen isotopes. Unlike wind and solar power, nuclear-fusion energy is dispatchable, meaning it does not rely on environmental or other external variables to generate power. The process of producing fusion energy is remarkably clean, creating no carbon emissions or long-lived nuclear waste from spent fuel.
WHAT WE’RE LISTENING TO
Helen Mayhew
Helen Mayhew, a McKinsey partner based in Sydney and a leader of QuantumBlack, AI by McKinsey, helps organizations use advanced analytics to create business value. Passionate about sailing, Helen is a former world champion and was a training partner to team Great Britain at the Olympics. She fell in love with Australia after sailing the famed Sydney to Hobart yacht race.
I have always loved podcasts, but life during the pandemic brought my enjoyment to a whole new level. During lockdown, first in London and then in Sydney, podcasts became a portal to the outside world—and also a form of escapism. Now that the world is (mostly) back to normal, I still love to learn about how technology is changing the world or to dive into people’s life stories. Here are a few of my favorites:
There is a fantastic complementarity between the Masters of Scale podcast, which explores the ideas behind some of Big Tech’s most notable success stories, and How to Fail with Elizabeth Day, which focuses on the exact opposite: what failure teaches people. One of my favorite episodes was with Brené Brown, who speaks so powerfully about the positive impact of leading with humility and vulnerability. Her own podcast, Brené Brown’s Dare to Lead, inspired by her book of the same name, is also consistently thought-provoking. A recent two-part episode with Adam Grant and Simon Sinek is fantastic on the current shifts that we are seeing in the workplace, from the reality of hybrid models to quiet quitting and beyond.
Macroeconomic and political podcasts can be gloomy, so I try to find happier offerings, such as Reasons to be Cheerful with Ed Miliband and Geoff Lloyd, which takes a dogmatically positive perspective on ideas that would benefit society, from the environment and education to healthcare and philanthropy. For more general reflections on what happiness and purpose mean to people, I love the Happy Place podcast with Fearne Cotton. I was touched by an episode with Richard E. Grant on grief, when he reveals the mantra given to him by his late wife: “Try to find a pocketful of happiness each day.”
Tell us what you think Share these insights
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by "McKinsey Shortlist" <publishing@email.mckinsey.com> - 02:29 - 4 Nov 2022 -
When the next pandemic is here, will healthcare leaders be ready?
On Point
A framework for responding effectively Edited by Belinda Yu
Editor, Atlanta• Unprepared. When COVID-19 was declared a pandemic, many countries found themselves unprepared. The public-health crisis exposed long-standing vulnerabilities, such as flawed communication between public-health officials and healthcare systems. In short, public-healthcare systems weren’t as resilient as had been assumed, explain McKinsey senior partners Lieven Van der Veken and Matt Wilson and their coauthors. To help leaders assess their state of readiness to tackle the next health crisis, McKinsey designed a Pandemic Preparedness Survey.
• Responding to the next crisis. Global efforts to strengthen pandemic preparedness are under way now. The US has proposed billions of dollars in new related spending and is creating a center for epidemic forecasting. Meanwhile, Europe has launched the Health Emergency Preparedness and Response Authority. But attention spans can be short, and public-health leaders may need to show that new funding is creating measurable improvements. See a framework that public-health leaders can use to help direct investments to the areas of greatest need.
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by "McKinsey On Point" <publishing@email.mckinsey.com> - 12:33 - 4 Nov 2022 -
Understanding good strategy and bad strategy
Harmony Internal - McKinsey
Solve problems Edited by Joyce Yoo
Editor, New YorkWhat is strategy? Business leaders are often focused on ambitions and achieving results—and less about developing an action plan, according to Richard Rumelt, professor at the UCLA Anderson School of Management. But strategy is a journey that one takes by solving problems, he says. “It is how you overcome the obstacles that stand between where you are and what you want to achieve,” and the “gap between action and ambition is where most bad strategies come from.” Get into a problem-solving mindset and tune into a recent episode of the Inside the Strategy Room podcast to hear his conversation with McKinsey senior partner Yuval Atsmon and see how companies should reimage strategy amid a rapidly changing world.
Quote of the day
—Ari Wallach, founder and executive director of the futurist think tank Longpath Labs, on why it’s important to focus on the long term in a recent Author Talks interview
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Copyright © 2022 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007
by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:35 - 3 Nov 2022 -
Reminder: The Future of Urban Mobility
Reminder: The Future of Urban Mobility 0.7.4
Dear MD Abul, Next week, on November 10, Nick Maynard, Head of Research at Juniper and Erick Burgueño Salas from Statista, will present a comprehensive view of the Mobility-as-a-Service market, how it works in practice, the key trends, and what the future holds.
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Announcement: Sangoma at Africa Com
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by "Sangoma Technologies" <webannounce@sangoma.com> - 05:01 - 3 Nov 2022