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Top 10 Economic Facts of Workplace Diversity

Women on Business

NEWS AND INSIGHTS UPDATE: Having a diverse workforce not only benefits company innovation and productivity but it also benefits the economy. From driving economic growth to being competitive in a globalized world, workplace diversity is critical to economic and business success.

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How Ready Are Companies For The Post-Pandemic World?

The Horizons Tracker

For instance, during 2020, GDP in advanced economies plummeted, with many businesses having to shut for prolonged periods, and nearly all having to rapidly adapt to the changing conditions. The success of the VCUK consortium reflects how innovation can be accelerated through multiple non-traditional strategies,” the researchers explain. “The

Company 127
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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. This lack of technological legacy has enabled such a rapid pace of innovation to unfold that the majority of financial transactions are now completed via mobile phones. Digital dominance.

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Do We Need A Recruitment Agency For Robots?

The Horizons Tracker

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.

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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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Even for Companies, the U.S. Is Split Between Haves and Have-Nots

Harvard Business Review

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
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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 9