Harvard Business Review

AUGUST 27, 2015

Companies in the top one-fifth of profitability earn, in aggregate, about 70 times more economic profit (accounting profit less cost of capital) than those in the middle three-fifths combined, according to McKinsey’s database of 3,000 large, publicly listed, nonfinancial U.S. GDP growth could hit nearly 5% in 2016.

ROIC 8

ROIC McKinsey GDP Company 8

Harvard Business Review

OCTOBER 17, 2018

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). GDP growth a year across the period. But how will AI impact the economy in broad terms?

GDP 10

GDP McKinsey Long-term Technology 10

Harvard Business Review

FEBRUARY 5, 2018

New research by the McKinsey Global institute suggests that roughly 15% of the global workforce could be displaced by 2030 in a midpoint scenario, but that the jobs likely created will make up for those lost. Broadly distributing income gains will then translate productivity growth into GDP growth.

GDP 8

GDP Globalization Short-term McKinsey 8

Harvard Business Review

NOVEMBER 30, 2017

A few outlier industries (notably pharmaceuticals, medical devices, and computers) prop up the sector’s aggregate performance; most others have experienced flat growth or outright declines in real GDP over the past two decades. Even when large U.S. These costs are significantly higher for U.S.

Supply Chain 8

Supply Chain McKinsey Incentives Bottom-up 8

Harvard Business Review

AUGUST 29, 2017

According to a recent McKinsey Global Institute report , the number of people in the global labor force will reach 3.5 Photo by Christine Roy. billion by 2030 — and yet there will still be a shortage of skilled workers. The result is likely to be intensified global competition for talent.

Succession 14

Succession Globalization Tacit Knowledge GDP 14

Harvard Business Review

OCTOBER 29, 2012

Delivering Large-Scale IT Projects on Time, on Budget, and on Value (McKinsey Quarterly). GDP growth isn’t actually all that good a predictor of income growth for ordinary working households." So even while GDP growth ticks anemically up in developed countries, workers don't feel better off. ALSO: UNICORNS. Scary stuff.

GDP 8

GDP McKinsey Budgeting Bottom-up 8

Harvard Business Review

JUNE 27, 2012

GDP growth in emerging markets is slowing. So commences McKinsey Quarterly's report on the firm's latest survey on global economic conditions (which was in the field during the week leading up to the Greek elections). "The euro’s future is in limbo. Uncertainty about sovereign debt threatens economic growth across the globe."

GDP 13

GDP McKinsey Wilde Survey 13

Harvard Business Review

JANUARY 20, 2015

Without an acceleration in productivity growth, the rate of global GDP growth is set to decline by 40% from 3.6% New research we conducted at the McKinsey Global Institute found that while this is a very tall order, it could be do-able. This leaves no alternative but for companies, individuals, and governments to work in smarter ways.

Globalization 8

Globalization Productivity Products GDP 8

Harvard Business Review

SEPTEMBER 13, 2017

Such improvements could help cut the costs of traffic congestion ( about 1% of GDP globally ), road accidents ( 1.25 McKinsey and Bloomberg New Energy Finance have estimated that in 50 metropolitan areas worldwide, a rapid transition to advanced mobility systems could yield $600 billion in societal benefits through 2030.

Transportation 10

Transportation Technology GDP Policies 10

Harvard Business Review

MARCH 7, 2013

trillion in bribes wiped out more than 5% of global GDP. The First Org Chart (McKinsey Quarterly). In 2010, the U.N. estimates, some $1.5 And by 2015, this Foreign Affairs article predicts, the total value of goods lost to counterfeiting and piracy will balloon from 2008's $650 billion to $1.77

Due Diligence 8

Due Diligence GDP McKinsey Film 8

Harvard Business Review

MARCH 14, 2016

Today growth in global trade has flattened, and it looks unlikely to regain its previous peak relative to world GDP anytime soon. Recent research from the McKinsey Global Institute explores this new era of digital globalization. Recent research from the McKinsey Global Institute explores this new era of digital globalization.

Globalization 8

Globalization Supply Chain GDP Operations 8

Harvard Business Review

MARCH 4, 2013

As those tree-huggers at McKinsey and PwC UK have calculated, we need to decarbonize at a rapid rate — about 5 percent less carbon per dollar of GDP every year until 2050. But even with lots of coal and oil investment, there's no way you can say China is doing nothing on clean tech. 2) Science doesn't care.

GDP 8

GDP Energy McKinsey Transportation 8

Harvard Business Review

APRIL 11, 2012

On the national level there's sense that if we're not producing more GDP, we're losing a competition of some kind," says Chris. Meanwhile, from 2004 to 2009, emerging economies accounted for almost all of the world's GDP growth." Share your story or idea by entering the HBR/McKinsey Long-Term Capitalism Challenge.

GDP 11

GDP Long-term Meyer Short-term 11

Harvard Business Review

JULY 12, 2012

I quit my comfortable job in NYC with McKinsey & Co. Its per capita GDP in terms of purchasing power is slightly more than double that of India's, but the Chinese market, even for nice-to-have products is disproportionately (5 to 10 times) larger. in the summer of 2007, and landed back home in Mumbai to start a new venture.

Marketing 13

Marketing Film GDP Media 13

Harvard Business Review

SEPTEMBER 20, 2016

Lower resource prices and higher levels of sociopolitical instability have taken their toll: Africa’s real GDP grew at an average of 3.3% New research conducted by the McKinsey Global Institute makes it clear that Africa faces real economic headwinds including declining investment and savings, and rising government indebtedness.

Globalization 8

Globalization Long-term GDP Marketing 8

Harvard Business Review

OCTOBER 12, 2018

A study by McKinsey projects that in a “full potential” scenario in which women participate in the economy identically to men, $28 trillion dollars (26%) would be added to the annual global GDP when compared to the current business-as-usual scenario. What’s at stake?

Conference 15

Conference Self-aware Diversity Participative 15

Harvard Business Review

SEPTEMBER 12, 2014

million people with a GDP per capita ranking between Finland’s and Belgium’s (that’s counting offshore oil revenue), could be an economic success. And small countries remain overrepresented near the top of lists of the world’s most affluent , most competitive , healthiest , and smartest nations. But it’s not guaranteed, either.

Offshoring 8

Offshoring Politics Globalization GDP 8

Harvard Business Review

JANUARY 21, 2016

Yet according to recent research from the McKinsey Global Institute, the U.S. Sectors that lag in measures of digitization also post lower productivity performance, and since this group includes some of the heavyweights in terms of GDP contribution and employment, this creates a drag on the broader economy.

Company 8

Company Technology Innovation GDP 8

Harvard Business Review

NOVEMBER 23, 2015

McKinsey Global Institute’s Connecting Talent With Opportunity in the Digital Age study forecasts that the growing use of online contingent talent platforms could add $2.7 trillion, or 2%, to global GDP and increase employment by 72 million full-time-equivalent positions by 2025.

Company 8

Company Automotive MBO Globalization 8

Harvard Business Review

FEBRUARY 2, 2015

trillion in output annually, adding up to 17% of GDP. A recent report from the McKinsey Global Institute identified a series of these disruptive technologies—from advanced materials to big data—that the firm projects will transform how we do business and live our lives. They employ 12.3 million people, or 9% of total U.S.

Industry 8

Industry McKinsey Engineering Innovation 8

Harvard Business Review

AUGUST 24, 2015

Contractionary policies may create a self-reinforcing spiral of decline that increases the debt-to-GDP ratio. Grexit would further restrict available capital, shatter the fragile banking sector, and increase the investment gap, which, as McKinsey’s recent study shows , is the key issue.

Crisis 8

Crisis Policies Short-term GDP 8

Harvard Business Review

JUNE 26, 2014

India, where about 60% of adults are unbanked according to McKinsey, is also a cash-heavy economy for transactions and high in its use of gold as a store of value. Not only is cash prevalent, its use as a percentage of GDP has been increasing by about 2% over the past two decades, possibly because of concerns about inflation.

Cost 8

Cost Transportation Banking Retail 8

Harvard Business Review

MARCH 7, 2012

GDP while undertaking 40.9% multinationals by the McKinsey Global Institute. Multinationals tend to be large, capital-intensive, skill-intensive, research-intensive, and high-productivity — all features that contribute to high-wage jobs and rising living standards. In 2009, they accounted for 24.4% of all U.S.

Globalization 9

Globalization Rivkin Supply Chain Trends 9

Harvard Business Review

APRIL 12, 2016

New research by the McKinsey Global Institute (MGI) finds that every U.S. state and city could add at least 5% to GDP by 2025 by advancing the economic potential of women. states could add more than 10%, and the nation’s 50 largest cities could add between 6% and 13% of GDP. Half of U.S. We found that about $2.1

GDP 8

GDP Policies McKinsey Politics 8

Harvard Business Review

JULY 16, 2012

Foshan is China's seventh-largest city in terms of GDP. The fact is that medium-sized cities — many of them unknown outside their own countries — are going to be where the next wave of growth is coming from, as discussed in the McKinsey Global Institute report on cities and the rise of the consuming class (pdf).

GDP 14

GDP McKinsey Real Estate Globalization 14

Harvard Business Review

FEBRUARY 7, 2017

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. percentage points of GDP growth per year). We calculate that U.S.

Long-term 8

Long-term EPS Short-term Management 8

Harvard Business Review

JANUARY 10, 2017

its ratio of exports to GDP, has been rising slowly for decades but remains significantly lower than in the European Union, China, and India. A joint McKinsey Global Institute/1776 survey of startups worldwide found that 86% engaged in some form of foreign business activity from inception.

Globalization 8

Globalization Participative Insurance Industry 8

Harvard Business Review

DECEMBER 17, 2013

PwC’s annual Low Carbon Economy Index report concluded that we must lower global carbon intensity (the amount of carbon produced for every dollar of GDP) by 6% per year until 2100, a percentage point lower than last year’s report recommended. The tech companies make sense given the platform (and they’re cool brands).

Supply Chain 9

Supply Chain McKinsey Apparel Energy 9

Harvard Business Review

DECEMBER 12, 2017

According to the McKinsey Global Institute , when we remove the obstacles that constrain women from reaching parity with men, $28 trillion of new value is added to global GDP in 10 years. We see this as further evidence that digital uptake contributes to wider benefits across the economy and in narrowing the gender gap.

Globalization 8

Globalization Participative Telecommunications Technology 8

The Horizons Tracker

FEBRUARY 20, 2020

Indeed, a 1% increase in investment correlates with a growth in GDP per capita of 0.03%. This was emphasized by a survey from McKinsey a few years ago which highlighted a 15% gap emerging between large and small companies in terms of the adoption of technologies such as industrial robotics.

TCO 87

TCO Decentralization CAPEX Industry 87

Harvard Business Review

JANUARY 8, 2014

It was the largest sovereign debt default in world history, and GDP fell by some 30% coupled with a 300% currency devaluation. Egon personally checked my references with McKinsey, my employer then. But we all know what happened in 2001. By the end of the year, Argentina’s economy had collapsed.

Emotional Intelligence 9

Emotional Intelligence GDP McKinsey Airlines 9

Harvard Business Review

JUNE 14, 2017

According to World Bank data , merchandise trade grew from 16% of global GDP in 1990 to 26% by 2008. Since then, it has been in steady decline and now stands at a little over 21% of global GDP. Political headwinds have almost nothing to do with the inability of merchandise trade to keep up with growth in world GDP.

Merchandising 9

Merchandising GDP Supply Chain Globalization 9

Harvard Business Review

NOVEMBER 13, 2012

To answer these tough questions, we can turn to two of the world's best number crunchers, McKinsey and PwC (full disclosure: I have a consulting partnership arrangement with PwC US). But the brutal logic of the McKibben, PwC, and McKinsey numbers applies at the microeconomic level as well. How fast do we have to change?

McKinsey 8

McKinsey GDP Cost-Benefit Analysis Constraint 8

Harvard Business Review

JULY 5, 2016

These are real concerns for the UK economy overall as the tech sector accounts for around 10% of British GDP. According to estimates by McKinsey , if France (for example) were to shift into a higher gear and equal the UK’s digital state, its hypothetical economic gain could be about €100 billion.

Safe Harbor 8

Safe Harbor Industry Uncertainty Crisis 8

Harvard Business Review

OCTOBER 27, 2015

According to estimates by McKinsey , if France were to shift into a higher gear and equal the U.K.’s of GDP, compares poorly with that of the U.S. A ccording to a McKinsey report , if Europe boosted its immigration from outside Europe, from 2.6 Investing in innovation capacity. 1.8%), Japan (2.6%), and South Korea (2.7%).

Crisis 8

Crisis McKinsey Policies Globalization 8

Harvard Business Review

OCTOBER 6, 2016

A 2011 McKinsey study estimated that the internet accounted for 21% of GDP growth over the previous five years among the developed countries studied, a sharp increase over the 10% contribution over the 15 years prior. Consider some sobering analysis from McKinsey based on an analysis of over 750 occupations.

Politics 9

Politics McKinsey Katz Technology 9