Technology officers, the beauty boom, global capability centers, and more insights for the weekend

McKinsey & Company

The Daily Read Weekend Edition

CURATED PICKS FOR YOUR DOWNTIME, FROM OUR EDITORS

Brought to you by Alex Panas, global leader of industries, & Axel Karlsson, global leader of functional practices and growth platforms

Welcome to the latest edition of The Weekend Read. We hope you find our perspectives useful. Let us know what you think at Alex_Panas@McKinsey.com and Axel_Karlsson@McKinsey.com.

—Alex and Axel

Take a breather this weekend and dive into some highlights on technology officers, the beauty boom, addressing the physician shortage, and more.

An image linking to the web page “A new dawn for the technology officer” on McKinsey.com

The link between creating tech and creating business value is stronger than ever. Aamer Baig , Jeffrey Lewis , Klemens Hjartar , Rob Cain , and Sven Blumberg explore how enterprise tech officers can make fundamental shifts in the way they operate.

Prepare for what’s ahead

An image linking to the web page “
The beauty boom and beyond: Can the industry maintain its growth?” on McKinsey.com

Retail sales in the global beauty market grew by 10 percent in 2023 compared to the previous year. Kristi Weaver and coauthors examine the sector’s performance in 2023, their forecasts through 2028, and what these forecasts mean for beauty executives.

How will your brand measure up?

An image linking to the web page “The physician shortage isn’t going anywhere” on McKinsey.com

By the end of this year, the United States is expected to have a shortage of up to 64,000 physicians. Rupal Malani , MD and coauthors take a look at what’s pushing doctors out of the workforce.

4 elements to prioritize

An image linking to the web page “Innovation hubs: How GCCs are shaping the future of business” on McKinsey.com

How can enterprises ensure that their global capability centers (GCCs) build the talent they need and capture the value of new technologies? Hear from McKinsey partners Abhilash Sridharan and Malcolm Gomes , as well as Debasis Panda of TransUnion, and Pravin Goel of BlackRock in the latest episode of McKinsey Talks Operations.

Ready to unwind?

An image linking to the web page “What is leadership?” on McKinsey.com

What is leadership?

Leadership is a set of mindsets and behaviors that aligns people in a collective direction, enables them to work together and accomplish shared goals, and helps them adjust to changing environments.

Check out the updated Explainer

An image linking to the web page “Going all in: Why employee ‘will’ can make or break transformations” on McKinsey.com

Going all in: Why employee ‘will’ can make or break transformations

Tapping the organization’s collective energy to implement change is crucial for transformation success. A three-step process creates the momentum to meet the challenges ahead.

Learn the 3 Es

An image linking to the web page “The McKinsey Crossword, Look Both Ways | No. 197” on McKinsey.com

17-Down: All the words in the answers to the starred clues

Know the answer? Test yourself with the latest McKinsey Crossword: Look Both Ways | No. 197

Backward and forward

—Edited by Joyce Yoo, editor, New York

McKinsey & Company

Follow our thinking

McKinsey Insights - Get our latest thinking on your iPhone, iPad or Android.

Download on the App Store

ANDROID APP ON Google play

Share these insights

Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here.

Copyright © 2024 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007