Harvard Business Review

OCTOBER 25, 2018

In our recent research at the McKinsey Global Institute, we examined the superstar phenomenon across firms, as well as sectors and cities. We focus on economic profit rather than revenue size, market share, or productivity growth because these other metrics risk including firms that are simply large and may not create economic value.

Industry 11

Industry Company GDP Bottom-up 11

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. Sound familiar? There are many.

ROIC 8

ROIC McKinsey GDP Company 8

Harvard Business Review

JULY 16, 2012

You are an executive responsible for unearthing the next new market opportunity for your company and — like your competitors — you're looking at maps of rapidly-growing economies in the emerging world. Foshan is China's seventh-largest city in terms of GDP. How would you react to the names Surat, Foshan, and Porto Alegre?

GDP 14

GDP McKinsey Real Estate Globalization 14

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. But now the situation has reached such a tipping point that larger U.S. manufacturers are taking notice.

Supply Chain 8

Supply Chain McKinsey Incentives 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

AUGUST 29, 2017

According to a recent McKinsey Global Institute report , the number of people in the global labor force will reach 3.5 In some sectors, the global market demands for English-speaking workers makes a global career quite attractive. Photo by Christine Roy. billion by 2030 — and yet there will still be a shortage of skilled workers.

Succession 14

Succession Globalization Tacit Knowledge GDP 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. public market capitalization over this period.

Long-term 8

Long-term EPS Short-term Management 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

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 20, 2016

In 2011, we published an article in HBR examining the surprisingly rapid growth of African economies and consumer markets. Lower resource prices and higher levels of sociopolitical instability have taken their toll: Africa’s real GDP grew at an average of 3.3% a year between 2010 and 2015, considerably slower than the 5.4%

Globalization 8

Globalization Long-term GDP Marketing 8

Harvard Business Review

OCTOBER 6, 2016

The world’s five largest companies (by market capitalization) are all American and compete in the digital sphere: Apple, Alphabet, Amazon, Microsoft, and Facebook. Consider some sobering analysis from McKinsey based on an analysis of over 750 occupations. This will add to a compounding of the job creation challenge in the U.S.

Politics 8

Politics McKinsey Katz Technology 8

Harvard Business Review

OCTOBER 27, 2015

” The proposal is to create a “Digital Single Market” in the EU. The goal of the Digital Single Market is an ambitious one: to deliver by the end of 2016 the equivalent of US$ 471 billion per year to the regional economy and 3.8 of GDP, compares poorly with that of the U.S. million jobs.

Crisis 8

Crisis McKinsey Policies Globalization 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. Perhaps that’s because the most productive firms benefit from export growth, or it could be because domestic firms become more productive by competing in export markets.

Globalization 8

Globalization Participative Insurance Industry 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. According to the bank HSBC, the clean economy will be a multi-trillion dollar market soon. 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

DECEMBER 12, 2017

And a study of Kenya’s popular M-PESA mobile money service suggests that digital financial services can increase the participation of women in the workforce and create opportunities for women in the formal market economy.

Globalization 8

Globalization Participative Telecommunications Technology 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

JUNE 26, 2014

We have been analyzing cash usage behavior in emerging markets on different continents and experiencing different socio-political and economic challenges through our research in Egypt, India, and Mexico. While the overall costs of cash usage in all these markets are daunting, the U.S. Much like the U.S., But because in the U.S.

Cost 8

Cost Transportation Banking Retail 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

JULY 5, 2016

” Vodaphone is considering moving its headquarters out of the UK and its CEO Vittorio Colao had told the BBC that a Brexit would preclude it from a giant new single market. These are real concerns for the UK economy overall as the tech sector accounts for around 10% of British GDP. The crisis could be a boon to disruptive forces.

Safe Harbor 8

Safe Harbor Industry Uncertainty Crisis 8

Harvard Business Review

MARCH 7, 2012

GDP while undertaking 40.9% multinationals by the McKinsey Global Institute. Foreign expansion can fuel employment growth at home in areas like manufacturing, logistics, R&D, design, marketing, finance, and management. In 2009, they accounted for 24.4% private-sector jobs and produced 28.7% capital investment, shipping 71.1%

Globalization 9

Globalization Rivkin Supply Chain Trends 9

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 clean tech markets keep growing fast: three of the world’s biggest economies — the U.S.,

Supply Chain 9

Supply Chain McKinsey Apparel Energy 9