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Future of Asia
Future of Asia

Companies in Asia

Discussion Paper - McKinsey Global Institute

The future of Asia: Decoding the value and performance of corporate Asia

– Corporations in Asia have grown in scale but lag behind the global average on profits, and the COVID-19 crisis poses new challenges.
Article - McKinsey Global Institute

COVID-19 and gender equality: Countering the regressive effects
– What is good for gender equality is good for the economy and society as well. The COVID-19 pandemic puts that truth into stark... relief and raises critically important choices.
Article

Corporate Asia: A capital paradox
– Asian corporations now account for 43 percent of the world’s largest 5,000 companies, contributing $19 trillion in revenue to... the world economy every year. But has this growth come at a cost?
Interview - McKinsey Quarterly

Building a tech-enabled ecosystem: An interview with Ping An’s Jessica Tan
– A culture of innovation and failing fast drives the Chinese financial conglomerate’s expansion beyond traditional sector... boundaries and its early adoption of emerging technologies.

Financial services

Blog Post

Life insurers: Where to play for value in Asia–Pacific
– McKinsey’s 2018 report on the global life insurance industry highlighted many Asia–Pacific countries as engines for global growth. The region is forecast to account for nearly 50 percent of top-line gross written premium growth in the years to come.
Article

Will the good times keep rolling for Asia’s asset managers?
– With a revenue pool expected to double in the next five years, Asia’s asset management industry is a primary focus for domestic and foreign firms seeking robust growth opportunities.
Article

Reaching Asia’s digital banking customers
– Asia’s banking customers are migrating to digital channels in force. The challenge for the region’s banks is to deliver superior digital experiences before competitors do.
Interview

Transforming a bank by becoming digital to the core
– Understanding what it takes to act like a tech company requires a few key breakthroughs, as this interview with the CIO for DBS Bank highlights.

Pharmaceuticals and medical products

Article

Biopharma in China: Insights into a market at a crossroads
– Biopharma in China is poised for change that will transform commercial and operating models, and require a step change in capabilities.
Article

The rise and rise of medtech in Asia
– How can medtech companies thrive in the world’s fastest-growing market?
Interview

Building digital ecosystems in Japan
– Two Merck Healthcare digital specialists explain their company’s transformation and the impact it has had on patients.

Mobility

Article - McKinsey Quarterly

Snapshots of the global mobility revolution
– How will regional variations in China, Europe, Brazil, India, and the United States reshape cars, carmakers, and the automotive “user experience”?
Article

How China will help fuel the revolution in autonomous vehicles
– If the driverless-car phenomenon takes off in China, the payoff could be in the trillions of dollars.
Article

Rebooting Japan’s mobility market
– Digital players are revamping the country’s taxi industry. These developments could have implications for other places facing similar economic, demographic, and regulatory trends.

Featured publication

Issue

Winning in digital ecosystems

– The industry landscape is going through an upheaval as digital ecosystems take shape. This issue of Digital McKinsey Insights looks at how companies will need to embrace new relationships and ways of collaborating.

Interviews

How firms should respond to shifting trends in global economic profits

Chris Bradley, senior partner based in our Sydney office and co-author of the latest Future of Asia article, describes the changing course of global economic profits and movement of capital – and how firms in Asia should seize on the opportunities created by these changes.

How firms can capitalize on the major forces shaping China through 2030

Joe Ngai, senior partner and managing partner of McKinsey Greater China, discusses the biggest trends in China that will shape the corporate landscape through 2030.

How Asian firms can create value

Ben Stretch, associate partner based in our Sydney office and co-author of the latest Future of Asia article, highlights the economic opportunities open to Asian firms, and what they need to do to create value in these avenues.

Generational change for Southeast Asian companies

Kaushik Das, managing partner of McKinsey in Southeast Asia, discusses how technology has been adopted far more rapidly in the region than in other parts of the world, meaning Southeast Asian corporates don’t have to follow the development curve adopted by Western companies.

What’s on the horizon for Asian companies

Angus Dawson, managing partner of McKinsey in Australia, discusses the increase in shareholder pressure as transparency exposes companies to greater scrutiny. CEOs, he says, need to bring their stakeholder groups together.
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