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

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.
Podcast

Demystifying AI and machine learning for executives

– In this interview, Tamim Saleh cuts through the hype around artificial intelligence with guidance for executives about where and... how to employ AI in their businesses.
Interactive

An executive’s guide to AI

– To stay at the forefront of the accelerating artificial-intelligence race, business executives can study up on the ABCs of AI... using this interactive.

Data strategy

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.
Report

Achieving business impact with data

– The best analytics are worth nothing with bad data. The importance of understanding and working on all components of the insights... value chain is mission critical.
Interactive - McKinsey Quarterly

Five Fifty: The data disconnect

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

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.
Video

Competing in the AI economy: An interview with MIT’s Andrew McAfee

– AI has arrived, but are companies ready for it? According to an MIT scientist, executives are underestimating the speed, scope,... and scale of the disruption it will bring.

INDUSTRY PERSPECTIVES

Article

Geek meets chic: Four actions to jump-start advanced analytics in apparel

– Success in the apparel industry relies on carefully balancing art and science, yet companies lag behind in the digital revolution. Here’s what they can do to catch up.
Article

Advanced analytics can drive the next wave of growth for transportation and logistics companies

– Even without perfect data, T&L companies can generate sales growth through analytics-based insights. Here’s how it’s... done.
Article

Getting ahead of the market: How big data is transforming real estate

– Many real estate firms have long made decisions based on a combination of intuition and traditional, retrospective data. Today,... a host of new variables make it possible to paint more vivid pictures of a location’s future risks and opportunities.
Article

Smarter analytics for banks

– Banks have a strong foundation in using data. New research reveals how they can get even more from their analytics investments.
Article

Insurance 2030—The impact of AI on the future of insurance

– The industry is on the verge of a seismic, tech-driven shift. A focus on four areas can position carriers to embrace this change.

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More insights

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

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

How analytics can drive smarter engineering and construction decisions

– Three applications illustrate how companies are beginning to embrace data-driven solutions while establishing a foundation for... future initiatives.
Article

Winning in an era of unprecedented disruption: A perspective on US retail

– In light of the large-scale forces disrupting the US retail industry, once-optional moves have become imperatives.
Article

Digitization, automation, and online testing: The future of pharma quality control

– Emerging technologies can make quality control (QC) faster and more efficient. What do pharma companies need to do to become QC... leaders?
Interactive - McKinsey Quarterly

Five Fifty: Year end 2018

– It's time for your annual review. Here's what the Five Fifty did to support your success. 
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

Digital insurance in 2018: Driving real impact with digital and analytics

– Highlights from articles this year show the progress that has been made in reinventing the insurance landscape—and suggest... more disruption to come.
Article

Improving patient adherence through data-driven insights

– When patients fail to follow prescribed medical regimens, outcomes suffer. A McKinsey study points to areas pharmaceutical companies... can address to combat this long-standing industry issue.
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.
Article - McKinsey Quarterly

Learning from digital threats

– Incumbent companies are finding they have strong hands to play as competition intensifies.
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