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MGI in the news

2017

Archive

Article - Financial Times

China gears up for leap into digitisation of industry

– Many sectors in China are ripe for digital disruption because they are fragmented and inefficient, writes Jonathan Woetzel in Financial Times.
Article - Harvard Business Review

What successful digital transformations have in common

– Technological innovations have radically transformed the business landscape in many ways over the last two centuries, our research shows how digitization can significantly hurt incumbent firms in many industries, write Jacques Bughin and Tanguy Catlin in Harvard Business Review.
Article - Fortune

How China became a digital leader

– More businesses in China are putting digital technologies at the heart of their operations and strategy. These digital forces can potentially shift and create 10% to 45% of industry revenue in China by 2030, write Jonathan Woetzel, Jeongmin Seong, and Kevin Wei Wang in Fortune.
Article - Harvard Business Review

The first step to fixing U.S. manufacturing

– New research from the McKinsey Global Institute analyzes firm-level financial results and finds a stark contrast in performance between the biggest U.S. manufacturing multinationals and the small and midsize firms that make up most of the sector’s establishments and employment, write Gary Pinkus, Katy George, and Sree Ramaswamy in Harvard Business Review.
Article - People's Daily

China can be a more influential force in digital world

– MGI has estimated that automation in China could add as much as 1.4 percentage points to GDP a year via productivity contributions, write James Manyika and Jonathan Woetzel in People's Daily.
Article - Harvard Business Review

As European banks retreat from the world stage, China is stepping up

– As European banks retreat, China is leading something of a changing of the guard in global finance, write Susan Lund and Eckart Windhagen in Harvard Business Review.
Article - MIT Sloan Management Review

Five management strategies for getting the most from AI

– A survey by the McKinsey Global Institute of 3,000 C-level executives across 10 countries and 14 sectors identified five fundamental strategies for how to get the most out of AI’s potential, write Jacques Bughin and Eric Hazan in MIT Sloan Management Review.
Article - Project Syndicate

Financial globalization 2.0

– Signs of greater resilience and increased stability are everywhere. Actions taken over the last ten years therefore imply less fragility when the next crisis hits, as it surely will, write Susan Lund and Hans-Helmot Kotz in Project Syndicate.
Article - Financial Times

Banking landscape shifts as Chinese groups globalise

– European and U.S. banks are refocusing domestically while emerging market rivals expand abroad, write Susan Lund and Jonathan Woetzel in Financial Times.
Article - Fortune

Here's what central bankers should really be focusing on at Jackson Hole

– The extraordinary measures taken over the past 10 years by central banks, financial regulators, and bank executives themselves have made the global financial system more robust, write Susan Lund and Eckart Windhagen in Fortune.
Article - Vox

The new spring of artificial intelligence: A few early economies

– Artificial intelligence is experiencing a new spring and is here to stay It can bring firm-level productivity and profit growth, with employment dynamics that may not be as bad as anticipated by some, write Jacques Bughin and Eric Hazan in VOX.
Article - The Business Times

Looking beyond finance

– Global leaders in infrastructure development confront a multi-trillion dollar gap in investment. New analysis from MGI estimates US$69 trillion of investment will be needed between now and 2035, write Jan Mischke and Diaan-Yi Lin in The Business Times of Singapore.
Article - Harvard Business Review

How the natural resources business is turning into a technology industry

– The adoption of robotics, internet-of-things technology, and data analytics — along with macroeconomic trends and changing consumer behavior — are fundamentally transforming the way resources are consumed, write Jonathan Woetzel and Scott Nyquist in Harvard Business Review.
Article - EurActiv.com

Building on Europe's nascent recovery

– The economic recovery has boosted business confidence in Europe and now the message is clear: businesses want strong cooperation and a new vision for the future of Europe, writes Jacques Bughin in EurActiv.com.
Article - China Daily

Emerging markets encouraged to defend globalization

– While many of the world’s major economies are today turning inward, the future of globalization depends on whether emerging markets, like China, can lead it onto a more inclusive path, writes Jonathan Woetzel in China Daily.
Article - Brookings

Reforming the African Union: The vital challenge of implementation

– The McKinsey Global Institute finds a huge economic and business opportunity within Africa, but one that can only be fully mined if the continent’s current fragmentation is overcome and its institutions work to improve their governance and performance, writes Acha Leke in Brookings Africa in Focus.
Article - Foreign Affairs

Defending digital globalization

– Like traditional globalization, digital globalization is threatened by a number of barriers and protectionist policies, imposing significant costs to companies and harm to consumers, write Susan Lund and James Manyika in Foreign Affairs.
Article - Project Syndicate

The migrant boon

– Cross-border migrants, more than 90 percent of whom have moved for economic reasons, comprise just 3.4 percent of the world’s population, but contribute nearly 10 percent of global GDP, write Ian Goldin and James Jonathan Woetzel in Project Syndicate.
Article - MIT Sloan Management Review

The best response to digital disruption

– Companies that adopt bold offensive strategies in the face of industry digitization will come out the winners, write Jacques Bughin and Nicolas van Zeebroeck in MIT Sloan Management Review.
Article - MarketWatch

The construction industry has a productivity problem—and here’s how to solve it

– US construction-sector productivity is lower today than it was in 1968, and investment has fallen over the past decade. While construction has appeared stuck in a time warp, other sectors have transformed themselves, write Jonathan Woetzel, Mukund Sridhar, and Jan Mischke for MarketWatch.
Article - Fortune

What the rise of Uber says about the gig economy today

– About 10% to 15% of the working-age population in the United States and Europe make their primary living through independent work, write Jacques Bughin, James Manyika, and Susan Lund in Fortune
Article - MarketWatch

The tipping point for renewable energy is nearly here

– Renewable energy, primarily solar and wind, could jump from 4 percent of global power generation today to as much as 36 percent by 2035, write Jonathan Woetzel and Rogers in MarketWatch.
Article - Project Syndicate

Adapting to the new globalization

– New trade policies must be based on a clear-eyed understanding of how globalization is evolving, not on a backward-looking vision based on the last 30 years, write Laura Tyson and Susan Lund in Project Syndicate.
Article - Harvard Business Review

25% of CEOs' time is spent on tasks machines could do

– Half of the activities people are paid to do in the global economy have the potential to be automated by adapting current technology. But more occupations will change than will be automated in the short to medium term, write James Manyika, Michael Chui, and Katy George in  Harvard Business Review.
Article - Harvard Business Review

We can't undo globalization, but we can improve it

– While the impulse to erect trade barriers is understandable, it is not the way to create lasting growth and shared prosperity, write Gary Pinkus, James Manyika and Sree Ramaswamy in Harvard Business Review.
Article - Vox EU

The ascendancy of international data flows

– Global flows of goods, services, finance, people, and data have raised world GDP by at least 10% in the past decade, write Jacques Bughin and Susan Lund in Vox EU.

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