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How to Ensure Your Organization’s Digital Transformation Succeeds

Leading Blog

I N THE AGE of digitization, businesses face a critical imperative: to adapt and embrace innovation or risk being left behind in a rapidly evolving world. This force is called creative destruction, which is the process where innovation and technology advancements are reshaping industries and business models.

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Performance Measurement

Strategy Driven

Filled with in-depth insights from experts at McKinsey & Company, this reliable resource takes a much more qualitative approach to what the authors consider a lost art. Some examples include new technologies, changes in customer preferences, new ways of serving customers, and disruptive threats. Copyright (c) 2011.

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How Competition Is Driving AI’s Rapid Adoption

Harvard Business Review

New research from the McKinsey Global Institute simulates the potential global macroeconomic impact of five powerful technologies (computer vision, natural language, virtual assistants, robotic process automation, and advanced machine learning). We know that technologies often take a long time to diffuse and to deliver benefits.

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There’s No Good Alternative to Investing in R&D

Harvard Business Review

Sarah Williamson is the CEO of FCLTGlobal (formerly Focusing Capital on the Long Term), an organization cofounded in 2016 by BlackRock, CPPIB, Dow Chemical, McKinsey, and Tata Sons to encourage a longer-term focus in business and investment decision making. Small Firms Are Not More Innovative.

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Corporate Inequality Is the Defining Fact of Business Today

Harvard Business Review

By ignoring the distribution, that statistic masks a more important trend: As the McKinsey Global Institute has documented , variance in corporate earnings has increased substantially as well. ” Similarly, in 2007 Giulia Faggio and John Van Reenen of the London School of Economics and Kjell G. Others will try and fail.

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What Multinationals Need to Do to Succeed in Africa

Harvard Business Review

Fueling this dynamism, Africa is adopting technology at a furious pace: it will soon have double the number of smartphone connections than North America. From 2007 to 2016, the brewer saw its African sales outside of South Africa climb from $280 million to $1 billion. billion by 2050.

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