Global Sourcing Brief

What the most productive companies do differently

McKinsey and Company

FEBRUARY 23, 2023

A new report from McKinsey Global Institute finds that U.S. productivity growth has slowed in the last 15 years to 1.4% annual growth (as compared to long-term rates of 2.2% since 1948).

Fostering sustainable development through open data for finance

McKinsey and Company

OCTOBER 1, 2021

Digital finance has many aspects that can improve the workings of emerging economies and further the cause of sustainable development. Open data for finance, where financial data is shared digitally among financial institutions with limited effort or manipulation, is a powerful tool to that end, write Anu Madgavkar and Olivia White.

Finance

Thinking differently about talent in a tighter labor market

McKinsey and Company

AUGUST 9, 2022

In such a tight hiring market, companies need more emphasis on retaining and developing their own employees, writes McKinsey Global Institute director Kweilin Ellingrud in Forbes.

Marketing

Meet The US Workers Who Are Going It Alone—and Feeling Good About It

McKinsey and Company

NOVEMBER 3, 2022

A large and growing slice of the American workforce has no employer-provided health care or 401(k)s to build retirement savings, and they have to pay twice as much into Social Security as their peers. These individuals don’t get paid time off and must cover their own business expenses, and their earnings can be subject to unpredictable swings.

The Rise of Intangible Capitalism

McKinsey and Company

NOVEMBER 23, 2021

The digitized, dematerialized, knowledge-based economy is already here and spreading, and offers huge potential value. The challenge for firms and policymakers is to manage the transition in a way that benefits the many and not just the few, write Eric Hazan, Jonathan Haskel and Stian Westlake in Project Syndicate. .

Management

Bold ventures - China has the wealth to make investments to strengthen the social contract, address climate change and stimulate greater economic vitality

McKinsey and Company

NOVEMBER 22, 2021

Its share of global net worth was the highest among 10 countries included in MGI’s The Rise and Rise of the Global Balance Sheet report that explores the vitality of the global economy via its balance sheet, write Jonathan Woetzel and Jan Mischke in China Daily. The world's wealth has increased vastly over the past two decades?and

If you want to grow in your career (and lifetime earnings), you need to focus on doing this

McKinsey and Company

AUGUST 19, 2022

New research from McKinsey that studied the career progression of some 4 million workers over a decade revealed the factors behind dramatic surges in lifetime earnings, write Sven Smit, Anu Madgavkar, and Bill Schaninger in Fast Company.

Research

To reinvent globalization, companies and countries should think ‘diversifying,’ not ‘decoupling,’ according to McKinsey Global Institute’s research

McKinsey and Company

JANUARY 23, 2023

The pandemic, Ukraine, geopolitical stress, climate change, and macroeconomic uncertainty: These are turbulent times. No wonder business leaders and policymakers are re-examining everything from their supply chains to their trading patterns.

Research

Pixels of Progress: How a microregional perspective can inform your strategy

McKinsey and Company

FEBRUARY 24, 2023

Over the last three years, companies have faced a series of challenges and crises, from a global pandemic and supply challenges to inflation and rapidly rising food and energy costs.

Shortages of everyday products have become the new normal. Why they won’t end soon.

McKinsey and Company

SEPTEMBER 13, 2021

Just when consumers think it’s safe to draw down their pandemic reserve of toilet paper, many are finding stockouts and price increases on other products. Unexpected price increases on a wide range of products raise questions about when consumer product markets will return to normal.

Marketing

Marketing Service

The Cusp of a New Era?

McKinsey and Company

NOVEMBER 3, 2022

Years of remarkable progress in health, wealth, education, and the deepening of global interconnections have made people much better off overall. But the world has entered a new period of turbulence, and it remains to be seen what new rules and institutions will emerge from it, writes Chris Bradley in Project Syndicate.

Asia’s consumer map is being redrawn

McKinsey and Company

OCTOBER 22, 2021

Asia is the world’s consumption growth engine—miss Asia and you could miss half the global picture, a $10 trillion consumption growth opportunity over the next decade, write Jeongmin Seong and Tiago Devaso in Brookings Future Development blog.

Engineering

Cracking the job code

McKinsey and Company

AUGUST 25, 2022

It may seem counterintuitive for employers to double down on learning and development at a time when workers are becoming more mobile. But recent research across four leading economies suggests that such a strategy is more important than ever, write Christopher Pissarides and Anu Madgavkar in Project Syndicate.

Jobbing

Jobbing Research

America’s productivity engine is sputtering. Fixing it is a $10 trillion opportunity

McKinsey and Company

FEBRUARY 22, 2023

Since 2005, productivity growth has been lackluster, averaging 1.4% a year, compared to the post-World War II average of 2.2%. That is a problem. Increasing productivity–economic output per unit of input–maintains U.S. competitiveness and improves our quality of life.

Engineering

The best way for companies to build their talent pool: Embrace employee mobility

McKinsey and Company

JUNE 17, 2022

People grow and add skills by varying their work experience—in other words, by moving, write Bill Schaninger and Anu Madgavkar in Fortune.

3 ways work experience outsmarts formal education for professional development

McKinsey and Company

JUNE 17, 2022

The McKinsey Global Institute used big data to examine 4 million real-world job histories and found that meaningful work experience is critical to human capital development.

Jobbing

Global Wealth Has Exploded. Are We Using It Wisely?

McKinsey and Company

NOVEMBER 29, 2021

The world is richer than it has ever been, but the way in which we create wealth has changed. Should we be using our wealth more productively? Jonathan Woetzel, Anu Madgavkar and Jan Mischke highlight their research findings. .

Research

China’s consumption story steadily evolving

McKinsey and Company

OCTOBER 1, 2021

China’s consumption story is evolving. Rising incomes still matter, but the primary feature of the next decade may very well be the impact of sweeping demographic and social change that is coinciding with the rapid march of technology. To find the consumers who will drive China’s growth, you need to look at very different groups of individuals.

The anatomy of the net-zero transition

McKinsey and Company

MARCH 14, 2022

Reaching net-zero emissions by 2050 – and thus limiting the rise in global temperatures to 1.5°C C above pre-industrial levels – implies profound economic and societal shifts. According to a new report, a successful transition would have six key characteristics, writes Mekala Krishnan in Project Syndicate.

Climate change: What we will need to spend, and what we will need to change, to reach net zero

McKinsey and Company

MARCH 14, 2022

Solving a fundamentally global, borderless problem requires an unprecedented level of global collaboration, write Hamid Samandari and Mekala Krishnan in Fortune.

Collaborations

Measuring business: Accounting for companies' value creation and societal impact

McKinsey and Company

MARCH 18, 2022

There is ongoing debate over how to judge a company's performance beyond profits alone. This column devises a way of accounting for who benefits from a company's value creation and why.

Accounting

Businesses must make net-zero plans to go with our climate goals

McKinsey and Company

MARCH 21, 2022

Companies that prepare for the opportunities and risks that India’s net-zero transition entails will raise their odds of thriving, write Rajat Gupta and Suvojoy Sengupta in Mint.

7 questions can help CEOs set the stage for sustainable and inclusive growth

McKinsey and Company

JANUARY 31, 2022

As the world stands at the start of 2022, consider this: Economic growth, if pursued sustainably and inclusively, could be a force for societal good, write Asutosh Padhi, Sven Smit, and Anu Madgavkar in Fortune. .

What it will cost to get to net-zero

McKinsey and Company

FEBRUARY 1, 2022

In economic and social terms, Gautam Kumra and Jonathan Woetzel explain how achieving this goal will impact everyone globally in The Business Times. .

Asia-Pacific should use its increasing wealth more productively

McKinsey and Company

FEBRUARY 1, 2022

More investment in intangible assets will help recalibrate the region's economy, write Jonathan Woetzel and Joydeep Sengupta in Nikkei Asia. .

Global Sourcing Brief

What the most productive companies do differently

Fostering sustainable development through open data for finance

Trending Sources

Thinking differently about talent in a tighter labor market

Meet The US Workers Who Are Going It Alone—and Feeling Good About It

The Rise of Intangible Capitalism

Bold ventures - China has the wealth to make investments to strengthen the social contract, address climate change and stimulate greater economic vitality

If you want to grow in your career (and lifetime earnings), you need to focus on doing this

To reinvent globalization, companies and countries should think ‘diversifying,’ not ‘decoupling,’ according to McKinsey Global Institute’s research

Pixels of Progress: How a microregional perspective can inform your strategy

Shortages of everyday products have become the new normal. Why they won’t end soon.

The Cusp of a New Era?

Asia’s consumer map is being redrawn

Cracking the job code

America’s productivity engine is sputtering. Fixing it is a $10 trillion opportunity

The best way for companies to build their talent pool: Embrace employee mobility

3 ways work experience outsmarts formal education for professional development

Global Wealth Has Exploded. Are We Using It Wisely?

China’s consumption story steadily evolving

The anatomy of the net-zero transition

Climate change: What we will need to spend, and what we will need to change, to reach net zero

Measuring business: Accounting for companies' value creation and societal impact

Businesses must make net-zero plans to go with our climate goals

7 questions can help CEOs set the stage for sustainable and inclusive growth

What it will cost to get to net-zero

Asia-Pacific should use its increasing wealth more productively

Stay Connected