The IT company Hexagon, for example, acquired more than 25 software companies over ten years. In many cases, a single major acquisition is the key to accelerating the development of a software-centric business. McKinsey experience suggests that a big software acquisition is ...
To find out, McKinsey led a research effort to identify the CEOs who achieved breakaway success. We examined 20 years’ worth of data on 7,800 CEOs from 3,500 public companies across 70 countries and 24 industries and distilled our insights in the McKinsey bookCEO Excellence: The Six Mindset...
The pandemic has catalysed a massive digital transformation in the B2B space as well. According to a McKinsey report, the COVID-19 crisis has compelled many B2B buyers and sellers to go digital. In fact, more than 75% of buyers and sellers say they now prefer digital self-serve and remote...
Yes, some sustainable logistics strategies require upfront investment, but the long-term savings can be huge. McKinsey2found that campanies adopting Green Supply Chain Management practices – like reducing greenhouse emissions, recycling, cutting waste, and using renewable energy – s...
McKinsey’s Seven Degrees of Freedom for Growth is astrategytool. Developed by partners at McKinsey and Company, the tool helps businesses understand which opportunities will contribute to expansion, and therefore it helps to prioritize those initiatives. ...
McKinsey Organizational Structure McKinsey & Company has a decentralizedorganizational structurewith mostly self-managing offices, committees, and employees. There are also functional groups and geographic divisions with proprietary names. Microsoft Organizational Structure ...
and video have captured the world’s imagination since the first generative AI consumer chatbot was released to the public in the fall of 2022. A June 2023 report from McKinsey & Company estimated that generative AI has the potential to add between $6.1 to $7.9 trillion to the global economy...
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From "ensuring adequate food and clothing" to "completing the building of a 26 moderately prosperous society in all respects," all the work of the CPC has been carried out following a people-centered approach, thus continuously improving the people's well- being. McKinsey & Company predicted ...
Remote work has largely proven successful: A majority of executives have seen notable improvements in individual productivity, and diversity and inclusion, according toMcKinsey. Employees are demanding greater flexibility: 57% would consider leaving their company if they had to return to the office full...