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Is The Single Market Preventing Digital Champions In Europe?

The Horizons Tracker

Consulting giant McKinsey recently argued that the talk about Asian economic hegemony has been largely underestimated. The concern across the EU has only risen as China has appeared to have considerably more success. Digital dominance.

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Working Mothers Are Important Contributors to the U.S. Labor Force

HR Digest

McKinsey reported that working mothers were 1.5 McKinsey ’s survey also showed that working mothers were 6 percent more likely to be dealing with mental health concerns than their male counterparts. times more likely to spend 3 additional hours on their household responsibilities than working fathers.

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

GDP 10
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What’s Driving Superstar Companies, Industries, and Cities

Harvard Business Review

In our recent research at the McKinsey Global Institute, we examined the superstar phenomenon across firms, as well as sectors and cities. For cities, we analyze nearly 3,000 of the world’s largest cities by population that together account for 67% of global GDP. counties, which account for 90% of GDP in that sector.

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The First Step to Fixing U.S. Manufacturing

Harvard Business Review

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. But the future trajectory of U.S.

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How to Successfully Work Across Countries, Languages, and Cultures

Harvard Business Review

According to a recent McKinsey Global Institute report , the number of people in the global labor force will reach 3.5 What’s more, the subsidiaries operated more or less autonomously, each with separate organizational cultures and norms. Photo by Christine Roy. Translators were employed for cross-border communications.

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The Productivity Challenge of an Aging Global Workforce

Harvard Business Review

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.