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McKinsey Global Institute

McKinsey Global Institute

Think Tanks

Washington, DC 104,260 followers

We provide a fact base to aid decision making on the economic and business issues most critical to the world.

About us

Providing a fact base to aid decision making on the economic and business issues most critical to the world’s companies and policy leaders.

Website
https://www.mckinsey.com/mgi/
Industry
Think Tanks
Company size
10,001+ employees
Headquarters
Washington, DC
Founded
1990

Updates

  • McKinsey Global Institute reposted this

    View organization page for McKinsey & Company

    6,815,600 followers

    By 2030, AI-powered agents and robots could unlock $2.9 trillion in annual US economic value if organizations prepare their people and organize workflows around people, agents and robots working together. Capturing it will depend less on new tech breakthroughs and more on how we redesign workflows and how quickly human skills adapt. Learn more in McKinsey Global Institute's latest report on human and AI collaboration: mck.co/aiskills And stay tuned for more insights like this during AWS re:Invent next week. Don’t forget to explore and register your interest for our upcoming sessions: https://lnkd.in/eBtd2xFY.

  • McKinsey Global Institute reposted this

    View profile for Anu Madgavkar

    Partner, McKinsey Global Institute | Leads research on sustainable and inclusive growth, labor markets, human capital, future of work

    As AI becomes a daily part of how we work, one idea from our new McKinsey Global Institute report has really stayed with me: this is a collaboration, not a handover. We find that while AI could automate more than half of current US work hours, most human skills will remain highly relevant – just applied differently. Communication, problem-solving, empathy, and judgment won’t go away, but they’ll need to be used alongside a new capability: AI fluency. That’s both reassuring and a big ask. The core of work will still be human, but we’ll all need to learn how to guide, question, and collaborate with intelligent systems as true teammates. The opportunity is immense if organizations reimagine workflows around people and AI, redesigning roles so that the two can bring out the best in each other. Thank you to my fellow coauthors – Lareina Yee, Sven Smit, Alexis Krivkovich, Michael Chui, María Jesús Ramírez Larraín, and Diego A. Castresana Bao – for such a rich collaboration on "Agents, robots, and us: Skill partnerships in the age of AI." Read more here: mck.co/aiskills

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  • The age of AI is redefining the very building blocks of work. Our new report, “Agents, robots, and us: Skill partnerships in the age of AI,” finds that: ▪ Today’s technology could automate 57% of US work hours ▪ Demand for AI fluency has risen 7x in two years ▪ By 2030, AI could unlock $2.9 trillion in annual US value Yet most human skills remain relevant. The partnership between people, agents, and robots is already taking shape as businesses embed the technologies in their workflows, changing skill profiles for jobs in many industries. Explore how this new partnership could reshape workflows, skills, and leadership: mck.co/aiskills

  • After a decade of expansion, ESG as a framework to measure a company’s societal impact is undergoing a rethink. But the most forward-looking firms are redefining what comes next. In a recent MGI event, report authors Sven Smit, Kevin Russell, and Clarisse Magnin share insights on how companies can harness their unique strengths to address the world's pressing challenges. The discussion offers a vision of what could lie “beyond ESG.” At the core of the ESG rethink lies a simple insight: Companies can create real value for society but only if they focus on where their core capabilities can make the biggest difference and if they decide that action meets their company’s goals. Watch the discussion ⬇️

    View organization page for McKinsey Global Institute

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    Join report authors Nick LeungClarisse Magnin-Mallez, Kevin Russell, and Sven Smit on November 13 for a discussion on how leading companies are moving beyond compliance to build ESG strategies that create both societal and business value. Register here: https://bit.ly/3JNNeoc   They will discuss the themes of a recent MGI report, "Beyond ESG: From checklists to capabilities," including:   📌 Ways to leverage innovation, technology, and cross-sector collaboration to build a business case that aligns with societal impact. 📌 Analysis showing how most societal issues can benefit from innovation and corporate strengths, but often from just a few industries. 📌 How business opportunities for addressing societal issues vary by sector, region, and type of company. 📌 And the limits of the role of companies in resolving societal issues and where society faces choices about what market interventions to make.

    Beyond ESG: From checklists to capabilities

    Beyond ESG: From checklists to capabilities

    www.linkedin.com

  • Across two decades, 12 “arenas” such as e-commerce and consumer electronics tripled their share of total market capitalization. Now, we identify 18 new arenas that could reshape competition once again – from AI and robotics to biotech and cybersecurity. They share three ingredients for growth: ➡️ Transformative technologies or business models ➡️ Escalatory investments ➡️ Expanding global markets Together, these arenas could generate $29–48 trillion in annual revenues by 2040. Explore in 10 charts 📊: https://mck.co/4rgW3b3

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  • In today's edition of Forward Thinking we hand the pen to Kweilin Ellingrud, Kevin Russell, and Suhayl Chettih, who explore key findings from their report, "The next big arenas of competition." In addition, see their new article spotlighting the report in ten condensed segments, with a conclusion that reflects new company-level applications based on insights gleaned from a year’s experience helping companies prepare to compete in these next big arenas: https://lnkd.in/eMUcX2Cz Read and subscribe ⬇️

  • Human adaptation isn’t new. We’ve been reshaping our environments for thousands of years. But as McKinsey Global Institute Partner Mekala Krishnan shared at #COP30, the climate ahead won’t look like the one we’ve always known. That means planning differently, acting earlier, and building resilience for a future that’s already taking shape. Discover what this means for leaders and communities today⬇️. #McKinseyAtCOP

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