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Date: 2024-05-21 Page is: DBtxt001.php txt00024398
MCKINSEY & COMPANY
MEWSLETTER

McKinsey & Company newsletter for April 2023


Original article:
Peter Burgess COMMENTARY

Peter Burgess
How top CEOs are navigating disruption McKinsey Highlights Sat, Apr 1, 2023 at 11:24 AM Reply-To: 'donotreply@email.mckinsey.com' To: peterbnyc@gmail.com McKinsey & Company McKinsey Classics Monthly Highlights, April 2023 Senior partners Carolyn Dewar, Scott Keller, and Vikram Malhotra, authors of CEO Excellence, along with senior partner Kurt Strovink, asked the world’s top-performing CEOs which trends will have the biggest impact on how they lead their business in 2023 compared with past years. Their answers suggest that three “true signals” are most important: digital disruption, the economy, and geopolitics. This month’s first featured story looks at the specific and pragmatic actions CEOs are taking as a result of these signals. Our second featured story offers advice for senior executives looking to ascend to the CEO role. Other highlights in this month’s issue include the following topics:
  • the state of global private markets in 2023
  • how a company can chart a path to building a superpower
  • how generative AI can help fashion businesses
  • how organizations can better support their managers to deliver more value
Editor’s choice Wintery aerial view of a red ice-breaker ship pushing through cracked sea ice Actions the best CEOs are taking in 2023 Corporate leaders are addressing the risks while finding the opportunities in digital disruption, the economy, and geopolitical uncertainties. 3 strong signals LinkedIn Facebook Facebook Stepping up: Becoming a high-potential CEO candidate The road to becoming CEO is a difficult ascent for even the most seasoned leaders. Here are four keys to making the journey a success. Tread carefully LinkedIn Facebook Facebook THIS MONTH’S HIGHLIGHTS Stacked black zen stones in shallow water McKinsey Global Private Markets Review 2023: Private markets turn down the volume According to our latest Global Private Markets Review, private markets faced a year of two halves in 2022, with buoyancy in the first half and plummeting deal volumes, declining performance, and falling valuations in the second. Download the full report Silhouette of person wearing blue cape with glowing bars of light behind them What’s your superpower? How companies can build an institutional capability to achieve competitive advantage One capability often sets leading companies apart from the rest. Here’s how to build yours. Find out now Futuristic space woman floating away Generative AI: Unlocking the future of fashion While still nascent, generative AI has the potential to help fashion businesses become more productive, get to market faster, and serve customers better. The time to explore the technology is now. Ways AI can boost business Stop wasting your most precious resource: Middle managers In the modern workplace, middle managers face many challenges. A new survey finds three areas where organizations can better support their managers and help them accomplish more. Support managers geopolitical Geopolitical risk: Navigating a world in flux In a fast-fragmenting world, geopolitical instability has vaulted to the top of the CEO agenda. Here’s what today’s fraught global dynamics mean for leaders—and how they can begin grappling with geopolitical risk successfully. Develop resilience The EU digital strategy: The impact of data privacy on global business New data regulations from the European Union require organizational attention, and three key steps can help navigate the data privacy landscape. Navigate the new landscape ALSO NEW
  • Bias Busters: The perils of executive typecasting
  • Managing a cyber risk event: ‘Be a student of a crisis’
  • Procurement 2023: Ten CPO actions to defy the toughest challenges
  • K–12 teachers are quitting. What would make them stay?
  • Climate investing: Continuing breakout growth through uncertain times
  • How three global companies navigate geopolitical risk to build resilience
  • Author Talks: In the ‘age of AI,’ what does it mean to be smart?
  • Global Insurance Report 2023: Closing the personal P&C protection gap
  • Conversations in motion: Safe, autonomous driving for everyone
  • Global Economics Intelligence executive summary
  • Growth rules: Which matter most?
  • CEO alpha: A new approach to generating private equity outperformance
  • Virtual health for all: Closing the digital divide to expand access
  • Scaling green businesses: Next moves for leaders
McKinsey Quarterly literature Experience the digital McKinsey Quarterly After nearly 60 years as a print magazine, McKinsey’s flagship publication is now available as an immersive online reading experience. Sign up for a free membership to start reading today. Read the first issue SPECIAL FEATURES Digital image of a circular, white maze filled with white semicircles McKinsey Explainers Find direct answers to complex questions, backed by McKinsey’s expert insights. Learn more Image of various toy robots McKinsey Themes Browse our essential reading on the topics that matter. Get up to speed Digital image of a vending machine that dispenses books McKinsey on Books Explore this month’s best-selling business books prepared exclusively for McKinsey Publishing by NPD. See the lists Digital illustration of the interior of an apple with half of its core revealing a bar chart McKinsey Chart of the Day See our daily chart that helps explain a changing world—as we strive for sustainable, inclusive growth. Dive in Stock image of a printed spreadsheet with pen and magnifying glass McKinsey Classics In a digitized world, it’s hard to protect everything equally well. Learn how and what to protect with our classic, “Protecting your critical digital assets: Not all systems and data are created equal.” Rewind Three doors Data Points How well do you know the numbers behind changes in business and society? Sign up for our weekly quiz or any of our 40+ free email subscriptions. Subscribe — Edited by Eleni Kostopoulos, managing editor, New York McKinsey & Company Follow our thinking LinkedIn Facebook Facebook McKinsey Insights - Get our latest thinking on your iPhone, iPad or Android. Download on the App Store ANDROID APP ON Google play SHARE THESE INSIGHTS Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. This email contains information about McKinsey's research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy. You received this email because you are a registered member of our Monthly Highlights newsletter. Copyright © 2023 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007



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