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The Tempting of Rajat Gupta

Harvard Business Review

What makes the matter fascinating to industry watchers, approximately their equivalent of the Charlie Sheen supernova, is that Gupta served three terms as managing director of McKinsey & Co., There has been no suggestion that Gupta betrayed any client confidences in his McKinsey days. from 1994 to 2003. These are not criminal charges.

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Robo-Advisers Are Coming to Consulting and Corporate Strategy

Harvard Business Review

Robo-advisors, which were introduced in 2008 , are steadily eating up market share from their human counterparts much the way that Amazon and Netflix have taken share from Walmart and Regal Cinemas. Companies in every industry can benefit from making more data and algorithm-based decisions in areas of internal operations and finance.

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How Companies Are Already Using AI

Harvard Business Review

And in January 2017, McKinsey’s research arm estimated AI-driven job losses at 5%. For example, the company had brought in a data scientist in 2008 to develop machine learning tools that would improve its search engine, Bing, in a market dominated by Google. AI wasn’t new at Microsoft.

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SAC and the Strange Focus on Insider Trading

Harvard Business Review

First up was Galleon Group and its founder, Raj Rajaratnam, brought down in an investigation that also resulted in the conviction of former McKinsey chief and Goldman Sachs board member Rajat Gupta. Ethics Finance Government' have centered on. insider trading by hedge funds. Since then, Preet Bharara, the U.S.

Hedge 8
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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. In 2008 Andrew McAfee and Erik Brynjolfsson wrote about their research on U.S. The competition story revolves around digital technology.

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Finally, Proof That Managing for the Long Term Pays Off

Harvard Business Review

New research, led by a team from McKinsey Global Institute in cooperation with FCLT Global , found that companies that operate with a true long-term mindset have consistently outperformed their industry peers since 2001 across almost every financial measure that matters. What We Actually Measured — and the Limits of Our Knowledge.

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Europe’s Other Crisis: A Digital Recession

Harvard Business Review

Fifteen European countries have been losing momentum since 2008 in terms of their state of digital evolution – this is what we mean by a digital recession – with the Netherlands coming in dead last in our momentum rankings. According to estimates by McKinsey , if France were to shift into a higher gear and equal the U.K.’s

Crisis 8