McKinsey & Company | Global news | Page 2

An overview of McKinsey & Company global news:

United Kingdom

Bob Sternfels faces run-off to remain McKinsey's global boss Traditionally, McKinsey & Company has favoured stability when selecting its leaders.
30 January 2024
Australia

Qantas flies in McKinsey to help address flight delays McKinsey & Company has joined Boston Consulting Group in supporting recent efforts to restore Qantas’ one-time stellar reputation, with the strategy consultancy brought in to help address damaging fl
28 January 2024
Middle East

'It's time to shape MENA startup ecosystem into something bigger' The startup ecosystem of the Middle East, North Africa and Pakistan (MENAP) is growing.
28 January 2024
Middle East

The top 8 priorities for CEOs in 2024 (according to McKinsey) In 2024, CEOs will be focusing on a range of issues that they cannot afford to overlook.
23 January 2024
Middle East

WEF and McKinsey launch the Global Cooperation Barometer The world’s cohesion is under pressure, marked by the number of wars and (economic) conflicts.
17 January 2024
United Kingdom

Global cooperation on the decline since 2020 A new global study has shown that international conflict is threatening the world economic stability dramatically.
17 January 2024
United States

McKinsey's prime US federal contracts drop to nine-year low McKinsey & Company’s revenue from prime US federal contracts in FY2023 fell to its lowest level since 2014, the Financial Times reported on Sunday.
16 January 2024
Middle East

How banks can set themselves up for a profitable future Alberto Alvarez, Senior Partner with McKinsey & Company based in the Middle East, outlines five strategies that could help the region’s banks maintain a competitive edge and build a profitable future
13 January 2024
United States

McKinsey settles with health insurers for $78 million over opioid work McKinsey & Company has agreed to pay $78 million to resolve claims from US health insurers and benefit plans that it helped fuel the opioid crisis, Reuters reported on Friday.
03 January 2024
Middle East

Six strategies for outperforming peers on growth Less than one in four companies outpaces their industry peers on revenue and profit growth, according to analysis of commercial data from McKinsey & Company.
24 November 2023
Middle East

Want to become a CEO? Then join a top strategy consulting firm According to new analysis, aspiring CEOs would be advised to first join a top-tier global strategy firm, with more than six percent of alumni from five leading strategic consultancies going on to lea
23 November 2023
United Kingdom

Strategy consultancies are most productive 'CEO factories' A new study of large businesses has found that five of the world’s leading strategy consulting brands are also the most prolific producers of company leaders.
30 October 2023
Saudi Arabia

Leading consultancies driving knowledge at FII7 conference in Riyadh The Future Investment Initiative Institute (FII7) conference has kicked off today, bringing together over 6,000 delegates including political leaders, ministers, CEOs, business leaders, investors, an
24 October 2023
United Kingdom

Banks enjoying highest profits since 2008 global financial crisis Banks worldwide are currently enjoying a record profit windfall – the highest seen since the 2008 global financial crisis, according to analysis by McKinsey & Company.
16 October 2023
Middle East

Better disability data key for 1.3 billion people worldwide Around 16% of the entire world's population (approximately 1.3 billion people) live with a disability and often have challenges in accessing healthcare.
11 October 2023
Africa

Renewable energy in Africa: Huge opportunity at huge cost Sustainable energy initiatives in Africa are likely to soon be a huge opportunity for investors hoping to push for renewables and drive development in the region.
05 October 2023
Middle East

Global investment in quantum technology reaches historic high The quantum technology industry is growing at a remarkable rate and investments in the potentially ground-breaking technology are at an all-time high.
25 September 2023
United Kingdom

Growing demand in battery industry calls for innovation – and recycling Solutions will need to be found to meet increasing demand for lithium-ion (Li-ion) batteries.
25 September 2023
United Kingdom

Haleon brings in McKinsey and EY for cost-cutting exercise A year after splitting from GlaxoSmithKline, pharmaceutical firm Haleon has brought in consultants to help cut costs.
08 September 2023
Middle East

Emirates NBD looks to leverage the power of generative AI Emirates NBD, a leading bank in the MENA region, has announced a roadmap to adopt generative artificial intelligence (AI) tools.
04 September 2023
United States

McKinsey partners with New Voices Foundation on growing Black-owned businesses McKinsey & Company has partnered with New Voices Foundation to provide strategic scaling support to its member businesses.
01 September 2023
United Kingdom

Generative AI could boost productivity by $4.4 trillion annually While the tangible results of AI are hard to come by at present, the hype surrounding the technology is going from strength to strength.
30 August 2023
Middle East

McKinsey & Company launches internal generative AI tool Lilli Lilli, a new generative AI tool developed in-house by global consulting firm McKinsey & Company, is set to become available this fall.
29 August 2023
Australia

McKinsey unleashes internal generative AI tool for employees Following the likes of a number of its contemporaries, global management consulting powerhouse McKinsey & Company has now unleashed its own, internally designed generative AI assistant: Lilli.
23 August 2023
Middle East

Further adoption of AI can add $150 billion to GCC economies More use of AI in business functions could unlock untapped value of at least $150 billion to the Gulf Cooperation Council (GCC) economies.
23 August 2023
United Kingdom

Office time of average London worker falls to just three days Two years on from the extensive lockdowns of 2020, office attendance remains much lower across the economy – with the average London worker spending 3.1 days on site.
22 August 2023
India

Reserve Bank of India selects McKinsey and Accenture for AI project The Reserve Bank of India has following a competitive bidding process selected McKinsey & Company and Accenture as its partner for an artificial intelligence project.
12 August 2023
Middle East

Middle East fintech industry could triple in next two years The fintech industry in the Middle East is growing rapidly and could triple by 2025 – if the sector continues to see appropriate levels of investments and innovation.
07 August 2023
Latin America

Latin America’s changing export sector (and shift away from the US) There is an ongoing transition in Latin America’s markets – international trade is going multipolar, with China taking over major stakes and pushing out the United States.
06 August 2023
Canada

McKinsey partners with generative AI firm Cohere McKinsey & Company has entered a strategic collaboration with Cohere, a Toronto-based developer of enterprise artificial intelligence platforms and large language models (LLMs).
02 August 2023
India

Generative AI to transform India's economy, says McKinsey The recent surge in generative AI technologies is set to affect India's economic landscape, with significant implications for various sectors.
01 August 2023
India

Puneet Chandok (ex-McKinsey) leads Microsoft in India and South Asia Microsoft has appointed Puneet Chandok as Corporate Vice President of its India and South Asia region.
01 August 2023

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