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The Latest Breaking News from McKinsey

‘I have nothing to lose’: Perplexity CEO says fear of failure is ‘the stupidest thing’ holding you back

When fear of failure strikes, Aravind Srinivas, the CEO of AI giant Perplexity, reminds himself that just having a job was once the bar for success.

Fortune · Jun 17

Intergenerational Wealth Transfer within Modern International Financial Ecosystems

On a global basis, the Capgemini Research Institute and UBS have each estimated that more than 80 trillion dollars will transfer to younger generations within a twenty-to-twenty-five-year horizon.

International Business Times · Jun 16

AI in Hungary could unlock productivity gains of €15 billion: McKinsey

McKinsey projects AI could boost Hungary's productivity by €15 billion by 2030, helping close the gap with European neighbours. However, lagging adoption risks further divergence. Executives highlight potential cost transformations, faster service delivery, and the imperative of global competitiveness to avoid being outpaced by foreign AI adopters.

The Economic Times · Jun 16

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I founded McKinsey's CEO practice: Here's why operational excellence is a liability right now

Carolyn Dewar has advised hundreds of CEOs. She says the execution discipline that rewarded leaders for a decade is now holding them back.

Fortune · Jun 9

Spotify’s secret to winning the hiring war? Keep your talent moving and growing

External hiring is no longer a reliable way to build capability. Spotify’s answer: create an internal talent marketplace that keeps top performers moving—and staying.

Fortune · Jun 8

‘The next China is still China’: McKinsey’s Joe Ngai and Nick Leung on why global business can’t write off the Chinese economy

“You can’t find another China. There’s no other China out there now," Greater China chair Joe Ngai says.

Fortune · Jun 4

Why your grocery bill is still eye-watering — even though inflation is 'under control'?

Food inflation has fallen sharply from its 2023 peak — but European grocery prices are nearly a third higher than before the pandemic, and the reasons they stay high are structural.

Euronews · May 31

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AI-Driven Application Modernization: ArcSonic Tech Limited's Guide

ArcSonic Tech Limited shares how engineering teams can develop senior leaders from junior hires — four stages and the signals that matter at each.

inkl · May 29

Nick Manella: The Doom Is Mostly Vibes

What the actual data says about AI and jobs, and why the panic is mostly a story we're telling ourselves.

International Business Times · May 28

Banks need to act fast as customers turn to AI for stock picks and savings yields: McKinsey & Company

Customers are embracing generative AI at an unprecedented pace. This rapid adoption is outpacing traditional technologies, leaving banks with limited time to adapt. Consumers are already using AI for sophisticated financial tasks, even outperforming professional stock pickers. Banks must quickly evolve their products and services to meet this growing demand…

The Economic Times · May 27

America's manufacturing Achilles' heel: McKinsey’s warning on rare earths grows louder

McKinsey projects a shortfall of up to 30% in magnetic rare earth supply globally by 2035.

Fortune · May 26

AI edge will depend on building hard-to-copy systems, says McKinsey

Companies can no longer gain a competitive edge with standard AI models, as nearly 90% of organisations now use large language models said report by McKinsey & Company. True advantage lies in building unique, integrated AI systems and workflows that are difficult for rivals to replicate, turning cognitive work into…

The Economic Times · May 25

McKinsey studied 200 family business successions. The biggest problem wasn't the heir — it was the outgoing CEO

New research across 50 countries finds family-owned businesses underperform for five years after a leadership transition — and the culprit is usually the person leaving, not the person arriving.

Fortune · May 22

McKinsey partner says up to 50% of work hours could be transformed within the next 5 years

Anu Madgavkar, a partner at the McKinsey Global Institute, predicts that up to half of professionals’ working lives could be transformed by the turn of the decade.

Fortune · May 21

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The Economic Times · May 21

India's electrical equipment industry may scale to USD 235 billion by 2035: McKinsey report

India's electrical equipment industry could witness transformational growth over the next decade, driven by rapid expansion in high-growth segments, increasing domestic manufacturing capacity, and a sharp reduction in import dependence, according to a report by McKinsey & Company.

Fortune · May 20

How 8,000 robots are changing work inside logistics giant DHL Supply Chain

DHL Supply Chain relies on three key robotics vendors—Locus Robotics, Boston Dynamics, and Robust AI—to cut costs, lower employee turnover, and boost worker satisfaction.

International Business Times · May 18

McKinsey Says AI Is Compressing 9-Month Product Cycles Into 2 Weeks. Most Companies Aren't Ready.

At CES, McKinsey showed a version of the future that had nothing to do with investing directly, but everything to do with how to build towards wealth.

International Business Times · May 16

Europe's Defense Spending Surge Is Fueling a 50% Price Spike on Military Gear — and the Problem Is Getting Worse

European nations face military gear price increases of more than 50% in two years as NATO allies race to rearm, Estonian Defense Minister Hanno Pevkur warned Saturday at the Lennart Meri Conference in Tallinn. The surge is exposing a painful paradox: the more Europe tries to defend itself, the more…

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The Economic Times · May 16

Amazon vs Walmart: Great American race begins for $1 trillion annual sales. How will this benefit customers in rural U.S?

Amazon last year invested $4 billion to bring same-day or next-day deliveries to 4,000 smaller cities, towns and rural communities.

Fortune · May 16

AI's cyborg problem: you have to embrace it to really succeed but 90% of people can't or don't want to

Vivienne Ming has been sounding the alarm about a "cognitive divide." She told Fortune that "most of our fears about AI are fears about other people."

The Independent UK · May 16

Battle of the shopping giants as Walmart and Amazon race to speed up deliveries to rural America

Walmart and Amazon are racing to speed up order deliveries in small, rural areas of the USA

Barchart · May 15

Space-Based Data Centers Are Yet Another Potential ‘Next Big Thing’ for Google Stock

Alphabet has many shots on goal, all of which could prove to be very lucrative for the firm.

Fortune · May 7

Your trusted advocate or your rebellious Frankenstein: how you deploy agentic AI determines which one you get

Yale's Chief Executive Leadership Institute analyzed agentic AI across 13 industries: the most dangerous decision isn't whether to deploy AI — it's where.

Fortune · May 6

The U.S. leads in 14 of 18 industries shaping the future economy — but the lead isn't guaranteed

The McKinsey Global Institute identified the 18 "arenas" driving tomorrow's growth. Here's where America stands — and what companies must do to stay ahead.

TechRadar · Apr 23

AI Agents at your service

Today's AI agents don't just answer questions; they weave together sequences of decisions.

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