Analytics Insights

From understanding to action: Our top reads from 2018

From understanding to action: Our top reads from 2018

December 2018—This collection of some of our most-read articles of the year explores the many ways that organizations must progress to capture value from advanced technologies.

Artificial intelligence

Podcast

The ethics of artificial intelligence

– In this episode of the McKinsey Podcast, Simon London speaks with MGI partner Michael Chui and McKinsey partner Chris Wigley about how companies can ethically deploy artificial intelligence.
Article

Artificial intelligence and the circular economy: AI as a tool to accelerate the transition

– Combining two emerging megatrends—artificial intelligence and circular economy—can accelerate a shift towards a regenerative... system fit for the future.
Interactive

The executive’s AI playbook

– It’s time to break out of pilot purgatory and more effectively apply artificial intelligence and advanced analytics throughout... your organization. Our interactive playbook can help.
Discussion Paper - McKinsey Global Institute

Applying artificial intelligence for social good

– AI is not a silver bullet, but it could help tackle some of the world’s most challenging social problems.
Survey

AI adoption advances, but foundational barriers remain

– Survey respondents report the rapid adoption of AI and expect only a minimal effect on head count. Yet few companies have in place... the foundational building blocks that enable AI to generate value at scale.

Data strategy

Interview - McKinsey Quarterly

Building a tech-enabled ecosystem: An interview with Ping An’s Jessica Tan

– A culture of innovation and failing fast drives the Chinese financial conglomerate’s expansion beyond traditional sector... boundaries and its early adoption of emerging technologies.
Interactive - McKinsey Quarterly

Five Fifty: The data disconnect

– Companies may have more data than ever, but not everyone is making money with it.
Podcast

Data privacy: What every manager needs to know

– As companies begin to follow the principles of GDPR, the European Union directive on data protection, they must better understand... what personal information really is and how to properly manage it.

Organizing for analytics

Article

Rebooting analytics leadership: Time to move beyond the math

– To help their organizations capitalize on artificial intelligence and analytics, CAOs must do more than demonstrate their technical... chops. They need to lead like a Catalyst.
Article - McKinsey Quarterly

The cornerstones of large-scale technology transformation

– A clear playbook is emerging for how to integrate and capitalize on advanced technologies—across an entire company, and... in any industry.
Interview - McKinsey Quarterly

Why data culture matters

– Organizational culture can accelerate the application of analytics, amplify its power, and steer companies away from risky outcomes.... Here are seven principles that underpin a healthy data culture.
Article

Breaking away: The secrets to scaling analytics

– A handful of the world’s companies have cracked the code on embedding analytics into every layer of their organizations.

Featured publications

Collection

Crossing the frontier: How to apply AI for impact

Cut through the noise around artificial intelligence with this collection of our latest thinking on where and how best to use AI in your organization.
Collection

Analytics comes of age

Analytics and artificial intelligence are reshaping organizations and the entire business landscape. Learn how to capture the value by embedding them in your business.

Expert views

Commentary - McKinsey Quarterly

Building data-driven culture: An interview with ShopRunner CEO Sam Yagan

– Sam Yagan, current ShopRunner CEO, cofounder of OkCupid, and former Match Group CEO, discusses the importance of culture for driving data-based decision making, innovation, and, ultimately, company success.
Video

The AI factor in talent management: An interview with Catalyte’s Jacob Hsu and Mike Rosenbaum

– Top executives at one innovative software development firm share how they harnessed artificial intelligence to create a more diverse—and... more productive—workforce.
Interview - McKinsey Quarterly

How NBCUniversal is creating ‘pull’ for analytics

– To realize the full potential of data analytics, start with your people and their needs, says Cameron Davies, the company’s... head of corporate decision sciences.
Video - McKinsey Global Institute

Kai-Fu Lee’s perspectives on two global leaders in artificial intelligence: China and the United States

– Kai-Fu Lee shares his perspectives on developing and adopting artificial intelligence in China and the United States with McKinsey... Global Institute partner Michael Chui.
Interview - McKinsey Quarterly

How the Houston Astros are winning through advanced analytics

– In the first of a two-part interview, the architect of last year’s World Series champions shares how analytics, organization,... and culture combine to create competitive advantage in a zero-sum industry.

INDUSTRY PERSPECTIVES

Article

Artificial-intelligence hardware: New opportunities for semiconductor companies

– Artificial intelligence is opening the best opportunities for semiconductor companies in decades. How can they capture this value?
Article

The building blocks telcos need to create their digital-and-analytics DNA

– Telcos need to rewire themselves to work in agile ways and make data-driven decisions to keep up with customers’ increasing... demands for simple digital experiences, among other challenges.
Article

Boosting mall revenues through advanced analytics

– When a mall operator uses advanced analytics to select tenants, optimize mall layout, and determine rents, its revenues can rise... by 20 percent.
Article

Machine learning and therapeutics 2.0: Avoiding hype, realizing potential

– Six levers can help healthcare and pharma players achieve better outcomes when using machine learning.
Article

Powerful pricing: The next frontier in apparel and fashion advanced analytics

– Leading apparel retailers are embracing advanced analytics and blending intuition with science to price smarter.

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More insights

Article

The ‘digital land grab’ in fashion

– As e-commerce and platforms evolve, fashion companies could use them to realize higher margins and build scale.
Article

Derisking machine learning and artificial intelligence

– The added risk brought on by the complexity of machine-learning models can be mitigated by making well-targeted modifications... to existing validation frameworks.
Interactive - McKinsey Quarterly

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.
Commentary - McKinsey Quarterly

Building data-driven culture: An interview with ShopRunner CEO Sam Yagan

– Sam Yagan, current ShopRunner CEO, cofounder of OkCupid, and former Match Group CEO, discusses the importance of culture for driving... data-based decision making, innovation, and, ultimately, company success.
Report

Winning tomorrow’s car buyers using artificial intelligence in marketing and sales

– AI holds great potential for the automotive industry. Here’s what you need to know about its applications in marketing and... sales.
Discussion Paper - McKinsey Global Institute

Tackling Europe’s gap in digital and AI

– Europe’s average digital gap with the world’s leaders is now being compounded by an emerging gap in artificial intelligence.
Article

Precision medicine: Opening the aperture

– To keep pace with the evolving ecosystem for precision medicine, pharma players must be attuned to three crucial components: data... collection, individualized solutions, and supporting business models.
Article

When governments turn to AI: Algorithms, trade-offs, and trust

– Artificial intelligence can help government agencies solve complex public-sector problems. For those that are new at it, here... are five factors that can affect the benefits and risks.
Podcast

The ethics of artificial intelligence

– In this episode of the McKinsey Podcast, Simon London speaks with MGI partner Michael Chui and McKinsey partner Chris... Wigley about how companies can ethically deploy artificial intelligence.
Article

Ten trends shaping the Internet of Things business landscape

– Experience working on the Internet of Things indicates where the value lies.
Article

Artificial intelligence and the circular economy: AI as a tool to accelerate the transition

– Combining two emerging megatrends—artificial intelligence and circular economy—can accelerate a shift towards a regenerative... system fit for the future.
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