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by "ByteByteGo" <bytebytego@substack.com> - 11:37 - 25 Nov 2024 -
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A leader’s guide to the future of tech management
Leading Off
by "McKinsey Leading Off" <publishing@email.mckinsey.com> - 02:08 - 25 Nov 2024 -
What can fashion leaders expect in 2025?
Only McKinsey Perspectives
Brought to you by Alex Panas, global leader of industries, & Axel Karlsson, global leader of functional practices and growth platforms
Welcome to the latest edition of Only McKinsey Perspectives. We hope you find our insights useful. Let us know what you think at Alex_Panas@McKinsey.com and Axel_Karlsson@McKinsey.com.
—Alex and Axel
•
A sluggish outlook. With the arrival of a long-feared cyclical slowdown, the fashion industry may experience a particularly turbulent 2025, McKinsey senior partner Gemma D’Auria and coauthors explain. At a time when consumers are increasingly price sensitive, the sector also faces the unexpected rise of dupe brands, the acceleration of climate change, and ongoing changes in the global trade environment. In short, fashion’s outlook for 2025 appears to be a continuation of the slow, single-digit revenue growth seen in 2024.
•
Strategies to win shoppers. To better reach consumers in 2025, executives told McKinsey that they will broaden their price ranges, localize their go-to-market models, and focus on brand positioning to attract value-seeking shoppers. In light of this, premium brands will need to do more to demonstrate why their products are worth the price. Download the full report, The State of Fashion 2025, for more on fashion’s ten critical themes for 2025, and register to join our State of Fashion webinar for attendees in Europe and Asia and in the Americas.
—Edited by Belinda Yu, editor, Atlanta
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by "Only McKinsey Perspectives" <publishing@email.mckinsey.com> - 01:46 - 25 Nov 2024 -
October Updated SOA 210827答复 Statement 220826
Greetings
Tried calling your colleague, but his number is not going through. As our MD Mr patrick is late i am the acting for now.
Attached updated October SOA till now, total USD 26162.21,
pls kindly check and advise your payment schedule for that, thanks!
OUR REF
H B/L NO.
M B/L NO.
ETD
ETA
AMOUNT ($)
20'
40'
HC
POL
POD
DN NO.
OFB210604126
PL2021066681
211593268
2024/3/5
12750.00
1
QINGDAO
ROTTERDAM
DB20210703900
OFB210800027
PL2021085186
OOLU2124741330
2024/4/12
14550.00
1
SHANGHAI
HAMBURG
DB20210807877
OAF210504431
PL2021065205
149105854629
2025/5/26
(1137.79)
1
NANSHA
HAMBURG
SFGD124829
Total:
26,162.21
Bank details:
BENEFICIARY: CARGOTRANSCO LTD
BENEFICIARY ADDRESS: 12TH FLOOR, CHINA MERCHANTS BUILDING,152-155 CONNAUGHT ROAD CENTRAL, HONG KONG
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These industries could reshape the global economy
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What will the economy look like in 15 years? McKinsey’s Kweilin Ellingrud and coauthors believe that 18 arenas of competition could generate $29 trillion to $48 trillion in revenues by 2040. A recent McKinsey Global Institute (MGI) report describes these arenas of tomorrow and explores how they may materialize, including their potential sources of growth and dynamism. Check out the report and explore more insights on productivity, business superpowers, and trends in technology.
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To see more essential reading on topics that matter, visit McKinsey Themes.
— Edited by Esther Chung, editor, Atlanta
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by "McKinsey & Company" <publishing@email.mckinsey.com> - 03:14 - 24 Nov 2024 -
The week in charts
The Week in Charts
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by "McKinsey Week in Charts" <publishing@email.mckinsey.com> - 03:53 - 23 Nov 2024 -
Is your digital strategy failing? Here’s why.
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Brought to you by Alex Panas, global leader of industries, & Axel Karlsson, global leader of functional practices and growth platforms
Welcome to the latest edition of McKinsey Classics. We hope you find our perspectives useful. Let us know what you think at Alex_Panas@McKinsey.com and Axel_Karlsson@McKinsey.com.
—Alex and Axel
November 2024
In honor of the 60th birthday of McKinsey Quarterly, the firm’s flagship publication, the McKinsey Classics newsletter will be dedicated for a full year to classic Quarterly articles that were ahead of their time. Plus, we’ve refreshed Classics to better help readers connect these timeless insights to our latest, leading-edge thinking. Enjoy the changes—and be sure to sign up for a free McKinsey Quarterly digital subscription for special themed issues and bonus digital features, including compilations of Quarterly classics formerly available only in print..
The tech opportunities for today’s organizations are alluring. Businesses are racing to capitalize on the proliferation of technologies like generative AI, and with more data at their fingertips than ever, the potential to transform the business through tech seems vast. But companies looking to make digital hay need to play their cards right, otherwise they risk falling into the same traps that befuddled business leaders of yore have faced with earlier digital disruptions. That was certainly the story for the companies represented in this 2018 McKinsey Quarterly classic: only 8 percent of surveyed respondents said their companies’ current business model would remain economically viable through digitization.
What to do? Taking the right digital path means avoiding five critical missteps. The first is not having a clear vision of what digital really means and thus failing to connect a digital vision to that of the broader business. The second is not recognizing how digital is upending core economic principles. For example, customers are increasingly gaining value from digital, while companies’ profit pools are shrinking; the economic power curve is only getting steeper, making it more challenging to maintain market share; and above all, digital rewards fast movers—companies that develop a learning advantage quickly can outcompete their peers.
To learn about the other pitfalls that stymie companies’ digital efforts, read Tanguy Catlin and coauthors’ “Why digital strategies fail.”Read our latest thinking on this classic topic
Direct from Michael Dell: Leadership lessons and the future of AI
Dell chairman and CEO Michael Dell is no stranger to digital disruption—he’s been successfully sidestepping the digital snares of technological change for more than 40 years. Now he’s focused his attention on the latest trend, AI, which he says will transform the way organizations do business. To learn more about how companies can succeed in the face of digital disruption, read McKinsey senior partner Tarek Elmasry’s interview with Dell. And for additional insights on the future of technology and what that means for today’s organization, read the latest issue of McKinsey Quarterly.
— Edited by Drew Holzfeind, editor, Chicago
Is there a classic business topic you’d like us to feature? Send us an email—we’d love to hear from you.
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by "McKinsey Classics" <publishing@email.mckinsey.com> - 01:00 - 23 Nov 2024 -
EP139: Design a Live Streaming System
EP139: Design a Live Streaming System
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This week’s system design refresher:
API Pagination: Making Billions of Products Scrolling Possible (Youtube video)
Design a Live Streaming System
How NAT Made the Growth of Internet Possible
Must Know System Design Building Blocks
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API Pagination: Making Billions of Products Scrolling Possible
Design a Live Streaming System
Mike Tyson vs. Jake Paul was live-streamed on Netflix last week.
Let’s break down the typical tech stack of a live-streaming system.
Live streaming is challenging because the video content is sent over the internet in near real-time. Video processing is compute-intensive. Sending a large volume of video content over the internet takes time. These factors make live streaming challenging.
The diagram below explains what happens behind the scenes to make this possible.
Step 1: The streamer starts their stream. The source could be any video and audio source wired up to an encoder
Step 2: To provide the best upload condition for the streamer, most live streaming platforms provide point-of-presence servers worldwide. The streamer connects to a point-of-presence server closest to them.
Step 3: The incoming video stream is transcoded to different resolutions, and divided into smaller video segments a few seconds in length.
Step 4: The video segments are packaged into different live streaming formats that video players can understand. The most common live-streaming format is HLS, or HTTP Live Streaming.
Step 5: The resulting HLS manifest and video chunks from the packaging step are cached by the CDN.
Step 6: Finally, the video starts to arrive at the viewer’s video player.
Step 7-8: To support replay, videos can be optionally stored in storage such as Amazon S3.Join the Ultimate Streaming Data Event at Redpanda StreamFest! (Sponsored)
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How NAT Made the Growth of Internet Possible
Network Address Translation (NAT) is the process that has made the growth of the Internet possible.
But how does it work?
In a corporate or home setting, multiple devices (phones, computers, etc.) share one router with a single public IP address.
When a device wants to access the internet, it sends a request to your router. The request contains the device's private IP address.
The router’s NAT process replaces the private IP with the router’s public IP.
The modified request is sent to the internet.
When the response comes back, NAT checks its record and replaces the public IP with the correct private IP. It sends the response to the right device.
NAT has several important uses:
It helps conserve public IP addresses. Without NAT, IPv4 addresses would have been depleted much faster, severely limiting the growth of the Internet.
It allows sharing a single public IP address across multiple devices.
NAT acts as a basic firewall that hides internal IP addresses.
NAT also makes it easy to manage large networks.
Over to you: What else would you add to better understand NAT?
Must Know System Design Building Blocks
These are divided into 6 broad categories
Distributed Computing
Distributed message queues facilitate async communication and decouple services
Distributed caching improves performance by storing frequently accessed data in memory
A Distributed task scheduler manages and coordinates the execution of tasksScalability and Performance
Scaling services help adjust the capacity of services to handle changes in demand
CDNs serve content from geographically closer locations to improve performance and reduce latency.
Consistent hashing minimizes the remapping of keys when nodes are added or removedService Management
Service discovery enables services to find and communicate with each other without hard-coding network locationsNetworking and Communication
DNS translates human-readable domain names into IP addresses
Load Balancer distributes incoming network traffic across multiple servers
API Gateway acts as a single entry point for a group of microservicesData Storage and Management
Databases store and manage structured data
Object storage helps store complex objects like images, videos, and documents
Sharding helps horizontally partition data across multiple nodes
Replication helps horizontally scale the database by copying data to multiple nodesObservability and Resiliency
Gain insights into the system's internal state through metrics, logging, and tracing.
Over to you - Which other building block would you add to the list?
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by "ByteByteGo" <bytebytego@substack.com> - 11:54 - 23 Nov 2024 -
How can leaders protect the health of groups vulnerable to climate risks?
Only McKinsey Perspectives
Brought to you by Alex Panas, global leader of industries, & Axel Karlsson, global leader of functional practices and growth platforms
Welcome to the latest edition of Only McKinsey Perspectives. We hope you find our insights useful. Let us know what you think at Alex_Panas@McKinsey.com and Axel_Karlsson@McKinsey.com.
—Alex and Axel
•
Adapting to climate risks. Climate risks can affect a wide range of health conditions, people’s access to healthcare, and the health system’s ability to provide care, McKinsey senior partners Hemant Ahlawat and Matt Wilson and their coauthors write. In the face of these changes, adapting healthcare to meet the needs of kids, low-income earners, and other groups that are vulnerable to climate hazards is especially important. It’s a significant undertaking: McKinsey estimates that each year, there is a between $26 billion and $56 billion gap in investment in global health systems’ adaptation.
•
Pioneering medical products. According to an assessment of adaptation measures, further innovation in medical products and technologies could help to tackle climate-related threats. Examples include the development of new vaccines for diseases such as malaria and dengue, whose burden is increasing due to climate change. Consider three actions leaders can take to confront climate-related health risks and register to join McKinsey Sustainability and expert guests on COP’s closing day as they share perspectives on what was achieved at COP29 and what comes next.
—Edited by Belinda Yu, editor, Atlanta
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by "Only McKinsey Perspectives" <publishing@email.mckinsey.com> - 01:49 - 22 Nov 2024 -
Distributed Caching: The Secret to High-Performance Applications
Distributed Caching: The Secret to High-Performance Applications
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The demand for high-speed, high-performance applications has skyrocketed in recent years.
With users expecting real-time responses, especially in sectors like e-commerce, finance, gaming, and social media, even a few milliseconds of delay can lead to a poor user experience, potentially impacting customer satisfaction and revenue.
One core technique to accelerate data retrieval and improve application responsiveness is caching.
Caching works by temporarily storing frequently accessed data in a high-speed storage layer, often in memory. This allows applications to retrieve information faster than if they had to pull it from the primary database each time. A single cache node is often sufficient for smaller systems or applications with a limited user base to store and serve frequently requested data.
However, as systems grow, this setup faces limitations. Relying on a single-node cache to serve large-scale, high-traffic applications can lead to multiple problems.
This is where distributed caching comes into play.
Distributed caching involves spreading the cached data across multiple servers or nodes, allowing the cache to scale horizontally to handle large-scale applications. With a distributed cache, data is stored across multiple locations, meaning a single-node failure doesn’t compromise the entire cache, and the system can continue to serve requests seamlessly.
In this article, we’ll explore the concept of distributed caching in depth. We’ll look at how it works, discuss its key components, and examine common challenges and best practices for implementation.
Why Distributed Caching?...
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by "ByteByteGo" <bytebytego@substack.com> - 11:35 - 21 Nov 2024 -
Hi there, can I send you some examples?
Hi there, can I send you some examples?
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by "Matt Budd" <matt@infoserve.uk> - 03:31 - 21 Nov 2024 -
Climate tech’s cash crunch
Only McKinsey Perspectives
Brought to you by Alex Panas, global leader of industries, & Axel Karlsson, global leader of functional practices and growth platforms
Welcome to the latest edition of Only McKinsey Perspectives. We hope you find our insights useful. Let us know what you think at Alex_Panas@McKinsey.com and Axel_Karlsson@McKinsey.com.
—Alex and Axel
•
Greener and more affordable? Climate tech companies are attempting to scale new green technologies to mitigate the intensifying effects of climate change. Yet the high costs of materials, energy, and production are all preventing widespread adoption of green products, with many buyers unwilling to pay a premium price. If climate start-ups can’t become cost competitive quickly, then they run the risk of their products remaining niche, Tomas Nauclér, global leader of McKinsey Sustainability, and coauthors share.
•
Controlling costs. Investment capital may be getting harder to come by, but many climate tech companies would do well to think outside the box. There’s a perception among start-ups that only incumbents can make meaningful cost reductions, but our work suggests that significant savings are possible for new ventures as well. For example, electrolyzer manufacturers can generally boost margins by 30 to 60% by applying a design-to-value approach to their products. Cost reduction can also help start-ups price competitively, sell more of their offerings, and attract more investment. Discover the five elements that can help climate tech companies reduce costs and view our on-the-ground coverage of COP29.
—Edited by Rochelle Toplensky, executive editor, London
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by "Only McKinsey Perspectives" <publishing@email.mckinsey.com> - 01:46 - 21 Nov 2024 -
RE: Seeking for Agent in Indonesia
Dear agent,
Greeting from Rachel and GLA family. Trust you are doing great.
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The 12th GLA Conference – Dubai, UAE on 15th - 18th May 2025 – click here for registration
Ø The 10th GLA Conference in Dubai UAE, online album
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【Notice Agreement No 7】
7. GLA president reserves the right to cancel or reject membership or application. Company shall cease to be a member of GLA if:
a) the Member does not adhere to GLA terms and conditions.
b) the Member gives notice of resignation in writing to the GLA.
c) No good reputation in the market.
d) Have bad debt records in the GLA platform or in the market.
by "Rachel Xie" <member110@glafamily.com> - 09:59 - 20 Nov 2024
