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AI for Execs: Navigating the Future of Business.

Rich Gee Group

A report by McKinsey Global Institute estimates that AI could add $13 trillion to the global economy by 2030. The quality and volume of data you feed into an AI system determine the effectiveness of the outcomes. Promote an Ethical AI Culture: With great power comes great responsibility.

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Big Data, Big Opportunity

Chartered Management Institute

They can sound geeky, but they are developments that every manager needs to understand. At the C-suite, businesses need not only a data analytics strategy, but a data-analytics culture, researchers from McKinsey have concluded. The new system involves photographing customers, and gathering demographic information in real time.

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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. Europe has great potential to draw level with its American and Asian competitors and win the race on data platforms for industry and ethical AI applications. Digital dominance.

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Two thought-provoking perspectives on the “crisis of capitalism”

First Friday Book Synopsis

Here are brief excerpts from two articles featured by McKinsey & Company. I suggest you read them in the order in which they appear here, then click where indicated to read each in its entirety. I presume to suggest, further, that you register to receive email updates on other resources that are also available at [.].

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Introducing 100 Coaches: Pay It Forward Champions

Marshall Goldsmith

Tammy Erickson – McKinsey award-winning author. Tony Marx – President and CEO, New York Public Library – the nation’s largest library system. 14th Administrator, United States Agency for International Development. Previously Kevin was a leader in Electronic Data Systems and Ford. Former President, Amherst College.

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Robo-Advisers Are Coming to Consulting and Corporate Strategy

Harvard Business Review

Marketing and sales, manufacturing, recruiting (including people assessment), customer service, and support are all fields that can benefit from artificial intelligence according to McKinsey’s recent research. The reasons for this potential disruption now are many: There is an explosion in the amount of corporate data. ZB by 2020.

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Who’s Running Your Business in China?

Harvard Business Review

But Chinese employees have learned that the management skills and systems in multinationals in China come in many flavors, from the exceptional to the abysmal. The work ethic of Chinese employees is still fierce. The days when Goldman Sachs and McKinsey threw piles of money at overseas-educated returnees are long gone.