The sheer number of ongoing global shocks—inflation, a pandemic, the invasion of Ukraine—has many organizations hunkering down and awaiting an end to the present volatility. Others, though, see a chance to act quickly and decisively, before others have committed to making moves. McKinsey global managing partner Bob Sternfels and coauthors share how the variance between leaders and also-rans is reflected in recent averages in shareholder returns.
To read the article, see “Strategic courage in an age of volatility,” August 29, 2022.