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by "McKinsey Highlights" <publishing@email.mckinsey.com> - 11:21 - 7 Sep 2024 -
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by "ByteByteGo" <bytebytego@substack.com> - 07:27 - 6 Sep 2024 -
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by "ByteByteGo" <bytebytego@substack.com> - 07:25 - 6 Sep 2024 -
How to motivate your employees through review season
The Shortlist
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Curated by Alex Panas, global leader of industries, & Axel Karlsson, global leader of functional practices and growth platforms
Welcome to the latest edition of the CEO Shortlist, a biweekly newsletter of our best ideas for the C-suite. This week, we feature two new articles about the employee experience and a look at what still needs to be done in the energy transition. We appreciate the opportunity to connect and hope you find our perspectives novel and insightful. Please let us know what you think! You can reach us at Alex_Panas@McKinsey.com and Axel_Karlsson@McKinsey.com. Thank you.
—Alex and Axel
We hope you find these ideas helpful and inspiring. See you next time with more McKinsey ideas for the CEO and others in the C-suite.
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by "McKinsey CEO Shortlist" <publishing@email.mckinsey.com> - 04:57 - 6 Sep 2024 -
Flying taxis in 2030?
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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 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.
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Electric aircraft on the rise. Soon, commuters should be able to ride in aircraft that are much smaller and much more accessible than today’s planes, McKinsey partner Robin Riedel explains. This could happen as early as 2024, according to executives from Volocopter, Joby Aviation, and Lilium. For unpiloted passenger drones, however, gaining public acceptance may prove challenging, according to Riedel.
—Edited by Vanessa Burke, editor, Atlanta
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by "Only McKinsey Perspectives" <publishing@email.mckinsey.com> - 01:24 - 6 Sep 2024 -
New York as a global fashion capital, creating value in retail, the drive toward human development, and more: The Weekend Read
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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 first edition of The Weekend Read. 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
How can retailers of all sizes create value in the intensely competitive retail industry? Based on an analysis of 280 publicly traded retailers, Becca Coggins and coauthors outline five actions that enabled ascendant retailers—or “movers”—to rise above challenging economic conditions.
5 common themes Ready to unwind?
—Edited by Joyce Yoo, editor, New York
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by "McKinsey Weekend Read" <publishing@email.mckinsey.com> - 12:54 - 6 Sep 2024 -
Has the drive toward human development been thrown into reverse?
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by "McKinsey & Company" <publishing@email.mckinsey.com> - 12:33 - 5 Sep 2024 -
A Crash Course on Scaling the Data Layer
A Crash Course on Scaling the Data Layer
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The scalability of a system is heavily dependent on the data layer.
No matter how much effort is made to scale the API or the application layer, it is limited by the scalability of the data layer. Also, scaling the data layer is often the most difficult task during application design.
Horizontally scaling the data layer of an application, also known as “scaling out”, involves distributing the data and load across multiple servers or nodes.
This approach is particularly effective for handling large volumes of data and high traffic loads, but it also adds multiple orders of complexity. Since the data is distributed, many issues regarding transactions and consistency that don’t appear in monolithic databases become quite common.
Several techniques are available for horizontally scaling the data layer, each having pros and cons with specific nuances worth considering.
In this post, we’ll explore the major techniques for scaling the data layer horizontally along with examples. Also, we will understand the advantages and disadvantages of each technique to get a better idea of when to use a particular approach over another choice.
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by "ByteByteGo" <bytebytego@substack.com> - 11:36 - 5 Sep 2024 -
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by "Flavio Gurakuqi" <aimbids7@gmail.com> - 11:23 - 5 Sep 2024 -
The gen AI skills revolution: Rethinking your talent strategy
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by "McKinsey & Company" <publishing@email.mckinsey.com> - 10:09 - 5 Sep 2024 -
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by "GLA-Yakult" <member836@glafamily.com> - 03:43 - 5 Sep 2024 -
How much do you rely on web-linked gadgets?
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.
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Trillions in potential value. If you use a smart thermostat at home, then you’re already tapping into the Internet of Things (IoT). IoT, which uses a variety of technologies to connect the digital and physical worlds, has become embedded in our lives and in the way organizations operate. While challenges abound, particularly when it comes to IoT cybersecurity, the total value potential for the IoT ecosystem could reach $12.6 trillion by 2030, according to research by McKinsey senior partner Mark Patel and coauthors.
•
Addressing cybersecurity. The billions of IoT devices in use have created new vulnerabilities for companies, since IoT may involve a network with millions or tens of millions of end points vulnerable to attack. Indeed, overcoming the cybersecurity obstacle may be the determining factor in whether IoT will be able to transition to a truly integrated network—and achieve its massive value potential. Visit our McKinsey Explainer “What is the Internet of Things (IoT)?” to see six recommendations that may help leaders tackle IoT cybersecurity.
—Edited by Belinda Yu, editor, Atlanta
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by "Only McKinsey Perspectives" <publishing@email.mckinsey.com> - 01:20 - 5 Sep 2024 -
Give space a chance
Re:think
FRESH TAKES ON BIG IDEAS
ON THE SPACE ECONOMY
The space economy is increasingly becoming relevant to a range of people and industriesThe space economy is at an inflection point. I see a parallel to the internet: years ago, the world was introduced to this computer network, and few people could conceive of its potential. Then, at some point, businesses started to ask, “What could we do with this? How could it solve our problems?” Today, of course, consumers and businesses the world over interact with the internet constantly. I think we’re in a similar place now with space.
What’s changed? For one thing, launch costs have come down. This has allowed more nations to participate in the space economy. It also means the market is poised for growth. McKinsey estimates the market is going to triple, to $1.8 trillion in 2035, from $630 billion in 2023. This figure includes “backbone” applications, such as satellites, launchers, and other infrastructure, which could grow about 7 percent to reach $1 trillion, as well as “reach” applications, which could grow about 11 percent to reach $800 billion.
Most people may not realize how much of their daily routines are supported by these reach applications of space infrastructure. Anyone who has a mobile phone, almost anywhere in the world, uses space. Ridesharing and food delivery services would not exist without space technologies. And every ATM throughout the world relies on global-positioning satellites to keep time.
Space is also increasingly used for internet services. In many countries, a customer has long been able to call an internet provider that shows up the next day and sets up the service. But in places that don’t have this infrastructure, getting internet service has historically been expensive and slow—and, in some cases, impossible. Thanks to the space economy, many of these consumers can now access high-bandwidth and low-latency internet delivered via satellite.
These applications for space technologies are already here today, and in developed nations, they’re often taken for granted. But in other places, they may be game changing for local economies.“We estimate the market is going to triple in value, to $1.8 trillion in 2035, from $630 billion in 2023.”
As an example of how space technologies can affect an industry, a wide variety of agricultural companies are exploring how to use them to address problems. There are satellites today that can take images of the Earth, right? These satellites don’t just record visual imagery; they can also take hyperspectral imagery to reveal the water content in a certain area. This can help a farmer plant crops where they are most likely to flourish. There are also tools that look, from space, at the average color of plants to determine what nutrients or fertilizers they need. Global positioning can help farmers save fuel—a huge expense in agriculture—by helping tractor operators or autonomous machinery navigate.
In terms of risk, space is a wild frontier. Regulation lags behind innovation. There are national-security considerations: this is a domain of potential conflict, and it’s intensifying as more nations operate in space. There is also the question of how to use data responsibly, which is the same problem that has to be solved here on the ground. Another issue is ensuring that space remains open, free, and accessible to all. With an increasing number of nations and actors operating in space, there are challenges arising about how to maintain access for all and perpetuate space as an arena of collaboration. Immediate solutions to many of these problems are not obvious at present.
And yet it’s an exciting time. People say, “I’ve never seen a launch.” And my response to them is, “All you have to do is go to Orlando for more than two days, and you will see one.” These launches are meaningful missions. They’re not just launching billionaires into space.
Companies aren’t interested in doing space just for space’s sake. What’s also quite interesting is showing businesses how space can help solve problems in ways they may not yet understand are possible. That’s why I believe the world is at an inflection point with regard to space.Share Ryan Brukardt’s insights
ABOUT THIS AUTHOR
Ryan Brukardt is a senior partner in McKinsey’s Miami office.
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Margaux Constantin on the state of tourism
Leisure travel’s postpandemic recovery demonstrates people’s fundamental desire to roam. Where are today’s travelers going, and what do they want from their journeys?
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by "McKinsey Quarterly" <publishing@email.mckinsey.com> - 01:12 - 4 Sep 2024 -
Introducing our 7-week series to problem solving
To further help our readers find the insights they need to thrive in today’s complex business environment, we were delighted earlier this summer to introduce McKinsey Publishing Guides, a free on-demand email series dedicated to personal and professional development. Since then, tens of thousands of subscribers have engaged with our inaugural guides, and we’ve incorporated their feedback into our newest offering: “The McKinsey Publishing Guide to problem solving.”
The world's challenges are arguably more complex than they've ever been. This series features a concise set of emails—one per week, for seven weeks—guiding you to become a stronger problem solver. Receive weekly insights and advice from leaders around the world on topics including developing a problem-solving mindset, solving problems in uncertain times, problem solving with AI, and much more. A wrap-up quiz at the end of the series will test your learning as you begin to apply your new skills to your day-to-day challenges.
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by "McKinsey & Company" <publishing@email.mckinsey.com> - 10:45 - 4 Sep 2024 -
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by "kiven Brandon" <kiven.globless@gmail.com> - 10:42 - 4 Sep 2024 -
41% increase in turnover?
41% increase in turnover?
Morning there
I wanted to check you received my email regarding our custom CRM systems? It's worth noting that businesses switching to a custom CRM system witnessed an average revenue increase of 41% within the initial two years, as per the UK Customer Experience Excellence Analysis.
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From: Andrew Miller <Andrew@crmcompany.co.uk>
Subject: Bespoke Vs Off the Shelf CRM Solutions
To: info@learn.odoo.com
Hi there
With over a decade of experience working with businesses like Your Telecoms Consultant, we focus on designing Customer Relationship Management (CRM) systems, tailored to the unique needs of each company.
Whether you're new to CRM systems or contemplating an upgrade due to system limitations, I urge you to reconsider an off-the-shelf route!
While off-the-shelf CRM system options offer a budget-friendly entry, the costs escalate as your business grows. Opting for a custom system upfront involves a one-time cost, ensuring a tailored fit without ongoing expenses.
Here's why our custom CRM systems stand out:
- Tailored to your needs: Unlike off-the-shelf options, a custom CRM system is built precisely for your business, aligning every feature and functionality perfectly.
- Scalability and flexibility: With a custom CRM system, you have the liberty to scale and adapt as your business evolves.
- Enhanced user experience: Custom CRM systems prioritise user-friendly interfaces and tailored functionalities, easing the onboarding process for your team.
- Greater control and ownership: With our custom CRM systems, you retain full control and ownership, enabling seamless changes or enhancements as needed.
- Long-term cost savings: Contrary to off-the-shelf CRM systems' hidden costs, businesses investing in custom solutions witness an average ROI of £8.71 for every pound spent.
Ready to discuss how a custom CRM system can transform your business? Simply reply to my email and we can schedule a call.
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by "Andrew Miller" <Andrew@crmcompany.co.uk> - 03:09 - 4 Sep 2024 -
Do you have time for a quick call?
Do you have time for a quick call?
Good morning,
It would be great to set up an initial meeting so I can get a better understanding of your business and explain in more detail how a partnership could help achieve your goals.
Let me know when would be convenient and I can set up a Zoom, Skype or Teams meeting, or just give you a call.
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Jack Stevens <jack@w1g.biz> wrote:
Hi there,
I hope you're well, I wanted to reach out because Your Telecoms Consultant has been recommended to us, and we have a unique opportunity that you may be interested in.
The My Caddie Golf Platform featuring Birchwood Golf Club can help you and the team generate business from our members and visitors, we are looking for a local Telecommunication Company to become our official partner.
Aligning your business with such a prestigious establishment can elevate your brand image and generate a positive association in the minds of potential customers.
This partnership presents an ideal opportunity to put your company in front of a vast, local and affluent audience whilst also giving you complimentary golf to use as you see fit. Even if you're too busy at the moment, we still like to have you on board as a trusted local company, who could provide our other partners with advice and pass on referrals.
Here are some of the features you will receive in the partnership:
- Exclusivity for your sector.
- Providing you with exposure on the members and visitors iPhone app.
- Exposure on the members and visitors Android app.
- Your branding on the flyovers on one of the holes on our Birchwood Golf Club web flyovers which is trackable and targeted to your demographic within the local area.
- Access to our networking groups between all partners and plus ones.
- Complimentary golf for you to entertain clients, colleagues and guests.
The cost is the equivalent of just £26 per week for a 2-year partnership + £399 Artwork (one-off, optional) + VAT.
Artwork is optional but if you want us to do it for you, you can change it up to 8 times over the 2 years so every quarter you can revamp it and put new offers on. We'll also give It to you for further marketing.
I have reached out to a number of companies locally and will be operating on a first come first serve basis so if the above is of interest please let me know as soon as possible to avoid disappointment.
Best wishes,
Jack StevensAccount Manager0330 0436 463
We have sent this email to info@learn.odoo.com having found your company contact details online. If you don't want to get any more emails from us you can stop them here.
West 1 Group UK Limited, registered in England and Wales under company number 07574948. Our registered office is Unit 1 Airport West, Lancaster Way, Yeadon, Leeds, West Yorkshire, LS19 7ZA.
Disclaimer: Our app operates independently. While we provide authentic and accurate hole-by-hole guides, we do not have a direct association with Birchwood Golf Club or claim any endorsement from them. We aim to offer golfers a reliable guide as they navigate their favourite courses. As a value-add for our advertisers, we offer free tee times at Birchwood Golf Club which we procure as any customer would, directly from the venue. We also host networking events, which may be held a various local venues as well as online sessions.Furthermore, advertisers have the unique opportunity to be featured in our flyovers of each golf hole. All offerings are subject to availability and terms.
by "Jack Stevens" <jack@w1g.biz> - 03:04 - 4 Sep 2024
