Article-McKinsey Quarterly Freeport-McMoRan turns data into value June 22, 2023- A copper miner develops a recipe for success along its AI transformation journey. Report On the brink: Realizing the value of analytics in insurance February 22, 2023- ...
Digital transformationis the fundamental rewiring of how an organization operates. The goal of a digital transformation, as outlined in the new McKinsey bookRewired: A McKinsey Guide to Outcompeting in the Age of Digital and AI(Wiley, June 20, 2023), should be to build a competitive advantage ...
We help clients capture the value of data transformation at speed and scale. Together with QuantumBlack, AI by McKinsey, and McKinsey Technology, we create the infrastructure, processes and culture that turns data and analytics into new sources of compet
We help clients capture the value of data transformation at speed and scale. Together with QuantumBlack, AI by McKinsey, and McKinsey Technology, we create the infrastructure, processes and culture that turns data and analytics into new sources of compet
This section provides key statistics on its usage, shedding light on adoption rates, user demographics, and the growing impact of digital banking in the financial industry. 73% percent of the world’s interactions with banks now take place through digital channels Source: McKinsey & Company The ...
risks (Lotakov2016), better inventory placement (Frommberger et al.2012), energy efficiency (Jahanshahi et al.2020) and reduce human involvement in the workplace. It has been predicted that AI will disrupt more than 30 percent of existing tasks by many occupations in the USA (McKinsey2017)...
Organized retail crime (ORC) is a significant issue for retailers, marketplace platforms, and consumers. Its prevalence and influence have increased fast in lockstep with the expansion of online commerce, digital devices, and communication platforms. Tod
An example of reviewing your marketing capabilities using the McKinsey 7S framework The McKinsey 7S model is a useful framework for reviewing an organization’s marketing capabilities from different viewpoints. Developed by Tom Peters and Robert Waterman during their tenure at ….. Marketing models Esse...
While some of the obstacles to digital-transformation success are well known, our newest McKinsey Global Survey on digital strategy and investments asked business leaders about the evolution of these challenges, digital tech’s role in their businesses, and companies’ strategic responses.2 ...
McKinsey Digital Build a digital culture We help transform the world’s largest, most complex organizations—with a focus on creating real value through digital reinvention. Launching a transformation is a massive undertaking. While speed is important, so is heading in the right direction—guided by...