Harmony Internal - McKinsey

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AN ARTICLE A DAY, PICKED BY OUR EDITORS

Brought to you by Liz Hilton Segel & Homayoun Hatami
Global leaders, Industry & Capabilities Practices

Space has always been fascinating to humans, for its austere beauty—and because, for most of us, it has remained totally unattainable. That’s changing. Thanks to lower costs, technological advances, and increased private sector funding, the space economy is more bustling than ever. The number of space-related startups funded annually more than doubled between 2010 and 2018, and companies across industries are exploring opportunities that once seemed too expensive and difficult to bother with. In a new article, McKinsey senior partner Ryan Brukardt explains what’s on—and beyond—the horizon for organizations in the space economy.

How will the space economy change the world?

Space is no longer the sole domain of governments and aerospace and defense companies. Businesses that pursue emerging opportunities now may gain a first-mover advantage.

Discover what’s ahead

Quote of the day

“The conversations we just had in that field lasted about 45 minutes, but they would have taken over 30 hours of meetings [in the office]. I had no idea that the team was not aligned on so many things. That was super powerful.”

—One CEO of a US manufacturer, after a team wilderness retreat in upstate New York, in “(Extremely) out of office: Let nature boost your team’s creativity and performance”

Chart of the day

Chart detailing that most consumers trust products and services that rely on AI as much, or more than, those that rely on real people.

See today’s chart

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— Edited by Stephanie d’Arc Taylor, editor, Southern California

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How will the space economy change the world?

﻿“The conversations we just had in that field lasted about 45 minutes, but they would have taken over 30 hours of meetings [in the office]. I had no idea that the team was not aligned on so many things. That was super powerful.”

﻿What is net zero?

The State of Fashion 2023: Holding onto growth as global clouds gather

﻿New York City workforce: Challenges and opportunities for growth﻿

“The conversations we just had in that field lasted about 45 minutes, but they would have taken over 30 hours of meetings [in the office]. I had no idea that the team was not aligned on so many things. That was super powerful.”

What is net zero?

New York City workforce: Challenges and opportunities for growth