McKinsey Quarterly Five Fifty

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Defund your darlings

Better to give than to take away? Not when axing underperforming projects and businesses.
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Editor’s Choice

Five Fifty: Better decisions
– The path to better decision-making means untangling the crossed web of accountability—one decision at a time.

Five Fifty: Decision factories
– Want to reduce the staggering cost of bad decisions? Turn your organization into a “decision factory.”

Five Fifty: Gut instincts
– Should corporate executives trust their intuition? Sometimes yes, but other times no, says Nobel Prize winner Daniel Kahnemann. Four tests can help you decide.

Five Fifty: Genius after the fact
– Did you know it all along? Then you may be a victim of hindsight bias. 

More Editions

Five Fifty: Tech for the greater good
– Can advanced technologies like AI improve the well-being of humans? Only if we more carefully manage its deployment, and its effects... on human labor.

Five Fifty: Lost in translation
– Hire as many data scientists as you can find—you’ll still be lost without translators to connect analytics with real... business value.

Five Fifty: Call your broker
– Fed up with turf wars, silos, and other company dysfunctions? Energize the “brokers” who knit together your organization’s formal... and informal networks.

Five Fifty: Meeting time
– Want to better manage your time? Start by looking at the meetings that consume the clear majority of the average executive’s... schedule

Five Fifty: Getting small
– Small, independent teams are the lifeblood of agile. Here’s how senior executives can help them thrive.

Five Fifty: The need for speed
– Changes in what people want, and where they want it, means companies must move fast—without breaking things.

Five Fifty: The legacy threat
– Worried about the effect of new digital entrants on your industry and markets? Reinvented incumbents may be an equal threat.

Five Fifty: Buy well
– Procurement matters more than you might think. Here’s how to make the most of what and how you buy.

Five Fifty: Discharged
– Rethinking how we travel through our cities and towns means tracking the emissions we create as we do. The good news is that traveling... may soon get cleaner.

Five Fifty: The silo syndrome
– Working in silos can cause tunnel vision, tribalism, and weak corporate performance. What’s a silo-buster to do?

Five Fifty: Industrial tech
– What will happen when industrial companies fully apply digital, analytics, and IoT technologies to their businesses? An upsurge... in innovation—and value.
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