McKinsey & Company | Global news | Page 2

An overview of McKinsey & Company global news:

United States

McKinsey settles with health insurers for $78 million over opioid work McKinsey & Company has agreed to pay $78 million to resolve claims from US health insurers and benefit plans that it helped fuel the opioid crisis, Reuters reported on Friday.
03 January 2024
Europe

Europe must join forces to groom powerhouse start-up sector Despite being one of the world’s economic powerhouse regions, Europe has fallen behind the United States in recent years, particularly in technology and innovation.
22 December 2023
Middle East

Six strategies for outperforming peers on growth Less than one in four companies outpaces their industry peers on revenue and profit growth, according to analysis of commercial data from McKinsey & Company.
24 November 2023
Middle East

Want to become a CEO? Then join a top strategy consulting firm According to new analysis, aspiring CEOs would be advised to first join a top-tier global strategy firm, with more than six percent of alumni from five leading strategic consultancies going on to lea
23 November 2023
Poland

McKinsey: Poland on the cusp of a new economic reality Poland has tripled the value of its economy in the last 30 years with some of the highest economic growth rates in the world.
08 November 2023
United Kingdom

Strategy consultancies are most productive 'CEO factories' A new study of large businesses has found that five of the world’s leading strategy consulting brands are also the most prolific producers of company leaders.
30 October 2023
Europe

Circular cement industry could unlock €110 billion by 2050 If the concrete and cement industry were to implement a circular value chain, the sector could generate a net value of €110 billion and mitigate about two billion tons of CO2 emissions by 2050 – if t
24 October 2023
Saudi Arabia

Leading consultancies driving knowledge at FII7 conference in Riyadh The Future Investment Initiative Institute (FII7) conference has kicked off today, bringing together over 6,000 delegates including political leaders, ministers, CEOs, business leaders, investors, an
24 October 2023
United Kingdom

Banks enjoying highest profits since 2008 global financial crisis Banks worldwide are currently enjoying a record profit windfall – the highest seen since the 2008 global financial crisis, according to analysis by McKinsey & Company.
16 October 2023
Middle East

Better disability data key for 1.3 billion people worldwide Around 16% of the entire world's population (approximately 1.3 billion people) live with a disability and often have challenges in accessing healthcare.
11 October 2023
Europe

Generative AI can add up to $4.4 trillion in productivity annually The generative artificial intelligence (AI) industry has the potential to add between $2.6 trillion to $4.
09 October 2023
Africa

Renewable energy in Africa: Huge opportunity at huge cost Sustainable energy initiatives in Africa are likely to soon be a huge opportunity for investors hoping to push for renewables and drive development in the region.
05 October 2023
Middle East

Global investment in quantum technology reaches historic high The quantum technology industry is growing at a remarkable rate and investments in the potentially ground-breaking technology are at an all-time high.
25 September 2023
United Kingdom

Growing demand in battery industry calls for innovation – and recycling Solutions will need to be found to meet increasing demand for lithium-ion (Li-ion) batteries.
25 September 2023
United Kingdom

Haleon brings in McKinsey and EY for cost-cutting exercise A year after splitting from GlaxoSmithKline, pharmaceutical firm Haleon has brought in consultants to help cut costs.
08 September 2023
Middle East

Emirates NBD looks to leverage the power of generative AI Emirates NBD, a leading bank in the MENA region, has announced a roadmap to adopt generative artificial intelligence (AI) tools.
04 September 2023
United States

McKinsey partners with New Voices Foundation on growing Black-owned businesses McKinsey & Company has partnered with New Voices Foundation to provide strategic scaling support to its member businesses.
01 September 2023
United Kingdom

Generative AI could boost productivity by $4.4 trillion annually While the tangible results of AI are hard to come by at present, the hype surrounding the technology is going from strength to strength.
30 August 2023
Middle East

McKinsey & Company launches internal generative AI tool Lilli Lilli, a new generative AI tool developed in-house by global consulting firm McKinsey & Company, is set to become available this fall.
29 August 2023
Middle East

Further adoption of AI can add $150 billion to GCC economies More use of AI in business functions could unlock untapped value of at least $150 billion to the Gulf Cooperation Council (GCC) economies.
23 August 2023
United Kingdom

Office time of average London worker falls to just three days Two years on from the extensive lockdowns of 2020, office attendance remains much lower across the economy – with the average London worker spending 3.1 days on site.
22 August 2023
Ukraine

BlackRock, JPMorgan and McKinsey working on Ukraine reconstruction bank Having been ravaged by war since the invasion of Russian troops in 2022, estimates suggest it will take Ukraine more than $400 billion to rebuild.
18 August 2023
India

Reserve Bank of India selects McKinsey and Accenture for AI project The Reserve Bank of India has following a competitive bidding process selected McKinsey & Company and Accenture as its partner for an artificial intelligence project.
12 August 2023
Middle East

Middle East fintech industry could triple in next two years The fintech industry in the Middle East is growing rapidly and could triple by 2025 – if the sector continues to see appropriate levels of investments and innovation.
07 August 2023
Germany

PlayMobil taps McKinsey to help turnaround the business The famous German toy maker PlayMobil is not playing games after a streak of tough circumstances resulted in revenue loss. McKinsey & Company has been engaged to help the company change course.
04 August 2023
Canada

McKinsey partners with generative AI firm Cohere McKinsey & Company has entered a strategic collaboration with Cohere, a Toronto-based developer of enterprise artificial intelligence platforms and large language models (LLMs).
02 August 2023
India

Generative AI to transform India's economy, says McKinsey The recent surge in generative AI technologies is set to affect India's economic landscape, with significant implications for various sectors.
01 August 2023
India

Puneet Chandok (ex-McKinsey) leads Microsoft in India and South Asia Microsoft has appointed Puneet Chandok as Corporate Vice President of its India and South Asia region.
01 August 2023
United States

US consultancies struggling to find projects in China Amid a state security crackdown on the professional services sector and foreign capital flight due to worsening geopolitical conditions, US consultancies are struggling to find work in China, accordi
26 July 2023
Canada

McKinsey pitched Purdue Pharma Canada on boosting opioid sales in 2014 McKinsey & Company pitched Purdue Pharma (Canada) in 2014 on a plan to increase sales of OxyContin and other opioids in the Canadian market, according to a memo obtained by The Globe and Mail.
20 June 2023
India

BCG and McKinsey advising government on digital infrastructure reform The Indian government has engaged Boston Consulting Group and McKinsey to streamline the operations of two of its digital focused entities.
20 June 2023
United States

McKinsey & Company releases 2022 ESG report McKinsey & Company on Tuesday released its 2022 environmental, social, and governance (ESG) report – tracking the management consultancy’s progress on goals in decarbonization and building inclusive
14 June 2023

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