Fosters ze fast food restaurant company1/17/2024 Here are other recent notable findings from McKinsey research: Senior partners Laura Corb, Tomas Nauclér, Daniel Pacthod, and coauthor urge companies to take six actions that will position them to succeed when conditions clarify: push ahead on value creation, integrate cost and carbon reductions, forge winning customer partnerships, update portfolios, build and scale new green businesses, and execute at digital speed. With $9 trillion to $12 trillion in annual sales potentially up for grabs by 2030, the rewards could be significant. Among the banking contexts in which gen AI has tremendous potential: sales and marketing, risk assessment, pricing, and customer service.Īs the net-zero transition unfolds, companies can play offense even amid uncertainty. Gen AI’s ability to comprehend previously published documents and to create first drafts of new content could be put to use by, for instance, sorting through regulatory reports and then drafting synopses for senior officers. Now, say senior partner Jared Moon and coauthors, wholesale banks could benefit from using newly emerging generative AI. Senior partners Chris Bradley, Kweilin Ellingrud, Gautam Kumra, Nick Leung, Jonathan Woetzel, and coauthors say that Asia could enjoy growing influence while also facing heightened challenges across five domains: trade (where Asia is a major player but also a center of potential tension), technology (which could shift focus beyond the areas in which Asia currently excels), demography (as aging becomes an acute issue for some Asian populations), the net-zero transition (given the region’s large industrial base and surging energy demands), and capital (where Asia’s lower returns and significant capital demands could create economic stresses).Ĭorporate and investment bankers were pioneers in the applied use of AI, adopting the technology decades ago. And an analysis outlines bold moves companies can make during the net-zero transition-even in the face of potential headwinds.Ī report from the McKinsey Global Institute explores complexities that could arise for Asia as it assumes a position of strength in a new global era. Elsewhere, an article looks at potential applications of generative AI (gen AI) for corporate and investment banking. This week, a McKinsey report examines Asia on the cusp of a new era. Today’s global disruption could see Asia emerging as an increasingly prominent player in myriad spheres. Sustainable and inclusive growth: Briefing note #64, September 28, 2023 Please see our new Insights to Impact page for our latest, ongoing weekly briefings. McKinsey’s past insights on sustainable, inclusive growth are collected in this archive of weekly digests.
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |