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The Latest Breaking News from McKinsey

Stock of British electric moped brand Zapp hits skids months after US listing

The company has lost much of its value after market scepticism about startups’ prospects

The Guardian - UK

Inside a bankruptcy committee’s ongoing investigation into the failure of Silicon Valley Bank

Since June, the Committee has subpoenaed documents from McKinsey, Curinos, BlackRock, Ernest & Young, and Goldman Sachs to unearth all available information.

Fortune

Business leaders share their best practices when implementing AI

Leaders from companies like Intuit and Nationwide will share the playbook they follow to implement AI and how they do this responsibly.

Fortune

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McKinsey & Company pushes fossil fuel interests as advisor to UN climate talks, whistleblowers say

The world's top management consultancy McKinsey & Company is using its position as a key advisor to the UN's COP28 climate talks to push the interests of its big oil and gas clients, undermining efforts to end the use of the fossil fuels driving global warming, according to multiple sources…

France 24

UAE-based broadcaster censors satiric 'Last Week Tonight' over Saudi Arabia and Khashoggi killing

A Dubai-based television network broadcasting across the Mideast cut substantial portions of an episode of the satiric news program “Last Week Tonight with John Oliver” over references to Saudi Arabia’s crown prince being implicated in the killing of Washington Post columnist Jamal Khashoggi

The Independent UK

The most innovative companies follow these 6 strategies, according to McKinsey

Some companies that outperformed in these areas obtained higher cumulative total shareholder returns, according to the research.

Fortune

Can design save the world? A 'Burning Man'-like alliance is giving it a shot

The "Design For Good" alliance is tackling societal problems, like access to clean water.

Fortune

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These are the skills that chief executives are looking for in their finance leaders

Calling all future finance leaders of tomorrow.

Fortune

CFOs at Workday, Kickstarter and McKinsey on how finance and IT can get along

Finance chiefs can be allies to IT in the age of tech transformations and AI.

Fortune

John Oliver on management consulting firms: ‘They shouldn’t get to be invisible’

The Last Week Tonight host investigates the track record of one of the largest and most influential firms, McKinsey & Company.

The Guardian - US

You've heard about the glass ceiling for women in the workplace. McKinsey says the 'broken rung' is the real danger

You can't become a powerful woman without a strong start.

Fortune

Young women are just as ambitious as men, new LeanIn report finds

Women are just as ambitious and invested in their careers as men, a new LeanIn and McKinsey report finds.

Fortune

Salaries, hiring, AI: Here’s what’s really happening with U.S. tech jobs

In the first half of 2023, the U.S. shed almost 100,000 tech jobs.

Fortune

Dutch politician who worked for Shell poised to become EU climate chief

MEPs to vote on appointment of Wopke Hoekstra after his endorsement by environment committee

The Guardian - UK

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Fortune

Jamie Dimon says the next generation of employees will work 3.5 days a week and live to 100 years old

Jamie Dimon, CEO of JPMorgan Chase, says AI will allow people to work 3.5 day weeks in the future.

Fortune

The requirements for seizing generative AI advantages

The pressure is on. Thankfully, we’re far enough into the AI revolution to know what is necessary.

Fortune

Return-to-office mandates: See where you fall on the employee disengagement spectrum

Are you a thriving star, committed and reliable, or mildly disengaged? Here's the breakdown of the employee disengagement spectrum as RTO season kicks off.

The Guardian - UK

When it comes to creative thinking, it’s clear that AI systems mean business

The chatbot GPT-4 has produced more viable commercial ideas more efficiently and more cheaply than US university students

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news in one place.

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Fortune

The COO role is making a comeback—but the twist is that its often finance chiefs taking on the role as ‘CFO plus’

Some of what used to be managed by a COO has drifted into the CFO’s purview.

Fortune

Boeing is letting top execs work in small offices near their homes and commute by private jet rather than relocate to new HQ

Top brass at the aerospace giants are seemingly given special treatment when it comes to any return-to-office policy.

Fortune

Leaders like David Zaslav show there's a dark side to 'managing up'

Managing up can be healthy, but the toxic version can hurt trust and innovation. Safeguarding against the downward spiral that it creates demands adding checks and balances within the system.

Fortune

Why current-generation AI is 'mostly crap,' but still came along at the ‘perfect time’ to save the flatlining economy, according to a boutique VC firm

SK Ventures’ Paul Kedrosky and Eric Norlin think the “first wave” of A.I. began in 2017 and is ending now. They have a big prediction for what’s next.

Fortune

Stitch Fix shows limits of consulting-to-CEO pipeline

Consultants can make good CEOs—with some operational training first.

Fortune

Boards love CEO candidates with consulting experience—but there’s a catch

Fortune 500 companies are filled with CEOs who have consulting experience, but they also have other roles before they take the top job.

Fortune

Mette Lykke took 3 major risks to become a CEO

Quitting her McKinsey job was the first step.

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