AN ARTICLE A DAY, PICKED BY OUR EDITORS

Inflation. Interest rates. Supply chains. Sustainability. These are some of the issues that are on the minds of leaders as they navigate through uncertainty and disruption. Are we at the end of a boom, the beginning of a bust, or something completely different? A new update by McKinsey senior partners Stephan Görner, Alex Panas, John Kelleher, Ida Kristensen, Asutosh Padhi, and their coauthors, explores these topics and examine how consumer behavior is affecting corporate profits. Check it out and see how short-term disruptions can be turned into opportunities.

Something’s coming: How US companies can build resilience, survive a downturn, and thrive in the next cycle

The US economy continues to throw off mixed signals. But one thing is becoming clear: executives should prepare for an extended period of higher interest rates.

Quote of the day

“As you advance in your career, there are fewer people who are in a position to sponsor you or to mentor you. What actually shifts is where you go for the kinds of support you need. You might find yourself depending on people who you would never have anticipated could help you.”

—Erika H. James, dean of the Wharton School of the University of Pennsylvania, on sponsorship in "Don’t let fear stop you from forging ahead: An interview with Erika James" 

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