Dual transformation: Optimizing the core and building new businesses

In recent years, the world has experienced significant disruptions to the global economy—with lasting effects. Elevated inflation, though easing in some parts of the world, remains a serious issue, and heightened geopolitical tensions show no signs of dissipating. High interest rates continue for now, and volatile commodity prices also persist. It’s become increasingly clear that these disruptions may not be temporary; rather, they are likely sticking around for the foreseeable future. Most Popular Insights What to read next: McKinsey’s 2024 annual book recommendations The hard stuff: Navigating the physical realities of the energy transition McKinsey technology trends outlook 2024 Most Popular Insights What to read next: McKinsey’s 2024 annual book recommendations The hard stuff: Navigating the physical realities of the energy transition McKinsey technology trends outlook 2024 What is digital transformation? The state of AI in early 2024: Gen AI adoption spikes and starts to generate value At the same time, the market landscape has been shifting in fundamental ways. Corporate longevity is at an all-time low. Five of the top ten largest companies in the world didn’t exist 25 years ago, and the average tenure of a company in the S&P 500 is now less than 20 years, […]

You may also like...