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| | Brought to you by Alex Panas, global leader of industries, & Becca Coggins, global leader of functional practices and growth platforms
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| | | | | In the news. When AI adoption stalls, dynamics at the top may be part of the problem. In a study involving leadership teams at several European IT services firms, Harvard Business Review finds that while executives privately recognize the need for significant changes due to AI, they often hesitate to advocate for them among their peers, as doing so means confronting difficult trade-offs for the business and its people. Instead, leadership teams look to peers for reassurance, rely on familiar assumptions, and favor incremental fixes, leaving consequential decisions about pricing, staffing, and business models unresolved. [HBR] | | | |
| The ability of an organization to harness technology for business value is the competitive advantage, not the technology itself. | | | |
| On McKinsey.com. What does it take for leadership teams to move from recognizing AI’s potential to acting on it? McKinsey’s Alex Singla, Alexander Sukharevsky, Kate Smaje, Eric Lamarre, and Robert Levin examine companies generating significant value from AI and find that success hinges on how they organize to put AI to work at scale. That starts with C-suites that focus AI on a few areas where it can materially improve business performance and take collective ownership of the transformation. From there, companies build the tech-capable leaders, operating models, platforms, and redesigned processes needed to turn early wins into sustained business value.
Learn how AI winners are winning | | | |
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| | | In the news. Weather extremes are taking a toll on farmers—threatening crops and workers, forcing rapid adaptation, and exposing gaps in the insurance safety net available to smaller farms. [AP]
On McKinsey.com. McKinsey’s latest survey of 5,500 farmers reveals economic pressures are driving more selective spending and technology adoption. David Fiocco, Owen Stockdale, Tom Brennan, Vasanth Ganesan, and their coauthors find farmers increasingly favor solutions that address immediate needs, fit existing workflows, and demonstrate local value, creating opportunities for businesses that can deliver clear, near-term returns.
Dig into farmers’ next moves | | |
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| | | In the news. Asia’s developing economies are aging rapidly, but millions are financially unprepared for retirement, as limited savings, strained public resources, fewer family caregivers, and longer lifespans expose a widening support gap. [WSJ]
On McKinsey.com. Nearly all consumers surveyed across eight Asian markets worry about retirement, yet only 24% have a written plan. McKinsey’s Alex Kimura, Bernhard Kotanko, and Jady Ye examine what’s keeping consumers from acting—and how insurers and wealth managers can simplify retirement planning, integrate health and wealth, and build lasting customer relationships.
Prepare for Asia’s retirement wave | | |
| —Edited by Mike Greenberg, associate editor, Washington, DC
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