| Monthly Highlights, December 2021 |
While economic growth has been sluggish over the past two decades in advanced economies, balance sheets and net worth that have long tracked it have tripled over the same period. What does this reveal about underlying economic health and resilience as the world looks to recover from the pandemic? This month, our featured story takes stock using analysis from national balance sheets and raises some critically important questions for policy makers and business leaders. Other highlights in this month’s issue include the following topics:- the continuing evolution of global supply chains
- why employers must adopt new ways of leading to retain employees
- how CIOs can write a new chapter in their technology playbooks
- how executives can define an effective net-zero program
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| Editor’s choice |
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| Net worth has tripled since 2000, but the increase mainly reflects valuation gains in real assets, especially real estate, rather than investment in productive assets that drive our economies. |
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| Companies have only partly addressed the weaknesses in global supply chains exposed by the coronavirus pandemic. In the face of new challenges, finishing the job is even more urgent. What's next |
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| To keep top talent in the fold, managers must actively change their leadership styles—focusing less on controls and more on culture and connections. Listen to the conversation |
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| Momentum has shifted: net-zero commitments are the norm. But demand for solutions and systems to meet them outstrips the supply. To respond, businesses should focus on five fundamentals. 5 considerations |
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| New research shows that the Internet of Things offers significant economic value potential, particularly in standardized production settings, but companies must achieve scale to capture it. Bring together the digital and physical worlds |
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| This Next in Personalization 2021 Report reveals that companies who excel at demonstrating customer intimacy generate faster rates of revenue growth than their peers. And the closer organizations get to the consumer, the bigger the gains. Dive into the data |
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| Journalists, media executives, columnists, commentators, and media critics offer perspectives on what will make the news in 2022. See their responses |
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| Explore K-pop, culture, shipping containers, and Asia’s key role in the global economy. Let’s go |
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| Explore our latest conversations with authors of books on business and beyond. Get smart |
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| McKinsey senior colleagues share their formative early-career experiences to help you navigate yours. Watch |
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| Although most companies know how to address the strategic side of growth, many underestimate its organizational side. Read “Preparing your organization for growth.” Rewind |
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| — Curated by Eleni Kostopoulos, a manager of digital publishing in McKinsey’s New York office |
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