What's your Business-Building Quotient?

Go big ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

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Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   AN ARTICLE A DAY, PICKED BY OUR EDITORS Did your last great idea fail to take off? You’re not alone—only 22 percent of new businesses launched in the past 10 years scaled up successfully. And that’s a problem in a world where two-thirds of the value created in new-business building comes from getting to scale. Analysis of the issues uncovered several practices that make a difference, and a new metric called the Leap Quotient offers a lens for understanding whether a new business is ready to be scaled up. Check out the research, and see how a focus on scalability can help companies building new businesses go from good to great. — Torea Frey, managing editor, Seattle How good are you at business building? A new way to score your ability to scale new ventures The Leap Business-Building Quotient highlights what matters in creating new ventures. Go big   Quote of the Day “An eVTOL [electric vertical takeoff and landing aircraft] is five times faster than a car. So think about how that would change things: we’ll see different pricing of real estate, for example. We’ll be able to live in the countryside and work in the city.” —Daniel Wiegand in “‘Speeding up everyday travel’: Lilium prepares for takeoff” Chart of the Day See today's chart   Also New The future of air mobility: Electric aircraft and flying taxis Hear McKinsey experts and industry pioneers describe what’s coming in the world of “advanced air mobility” (AAM) and how it could affect passengers, pilots, and our planet. Flying taxis are coming   The economic impact of ageism New research quantifies the struggles that midcareer workers—those 45 and over—worldwide face and suggests possible interventions to level the playing field. Take action   When are shipping rates going to normalize? McKinsey's Steve Saxon and Jaana Remes explain why shipping rates haven't fallen and provide a scenario for what to expect in 2022. Watch the video   Follow our thinking 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 subscribed to the Daily Read newsletter. Manage subscriptions | Unsubscribe Copyright © 2021 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007