Despite economic uncertainty, companies are doubling down on building new businesses—and, in many sectors, the types of businesses are evolving. According to the latest McKinsey Global Survey on new-business building, senior partner Ari Libarikian and colleagues note that, compared with last year, the share of respondents expecting to build everything-as-a-service businesses, such as subscription businesses or remote healthcare, is now nearly as large as that for new data, analytics, and AI-based businesses. Meanwhile, digital retail businesses have become somewhat less prioritized. Click through the interactive to see more.
To read the survey, see “CEOs’ choice for growth: Building new businesses,” November 9, 2023.