MGI’s mission is to help leaders in the commercial, public, and social sectors develop a deeper understanding of the evolution of the global economy and to provide a fact base that contributes to decision making on critical management and policy issues.
The McKinsey Global Institute (MGI), the business and economics research arm of McKinsey, was established in 1990 to develop a deeper understanding of the evolving global economy. MGI's mission is to provide leaders in the commercial, public, and social sectors with the facts and insights on which to base management and policy decisions.
MGI research combines the disciplines of economics and management, employing the analytical tools of economics with the insights of business leaders. Its "micro-to-macro" methodology examines microeconomic industry trends to better understand the broad macroeconomic forces affecting business strategy and public policy.
MGI's in-depth reports have covered more than 20 countries and 30 industries. Current research focuses on six themes: productivity and growth; the evolution of global financial markets; the economic impact of technology and innovation; natural resources; the future of work; and urbanization. Recent reports have assessed job creation, resource productivity, cities of the future, and the impact of the Internet.
The partners of McKinsey fund MGI's research; it is not commissioned by any business, government, or other institution.
The Lauder Institute at the University of Pennsylvania ranked MGI the number one private sector think tank in its 2015 Global Go To Think Tank Index, an annual report issued by the University of Pennsylvania Think Tanks and Civil Societies Program.
MGI is chaired by Eric Labaye, and is led by McKinsey directors Jacques Bughin, James Manyika, and Jonathan Woetzel.
In addition, MGI regularly solicits input from a group of seven McKinsey directors who make up the MGI Council. The Council’s role is to help MGI shape its research agenda, lead high-impact research, and disseminate the findings to decision makers around the world.
Project teams are led by a group of senior fellows and include consultants from McKinsey's offices around the world. These teams draw on McKinsey's global network of partners and industry and management experts.
MGI works with leading economists, including Nobel laureates, who act as advisors to MGI projects.