Spotlight on Davos: Driving industry transformation

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Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   New from McKinsey & Company Spotlight on Davos: Driving industry transformation From the growing adoption of artificial intelligence to the blurring of digital and physical environments, a plethora of trends have emerged over the last decade that are drastically changing—and placing increasing demands—on industries and their workers. As innovation accelerates, organizations will need the right tools to keep up. Check out these insights to understand how to balance innovation, resilience, and efficiency in a quickly changing world, and stay tuned for more on #WEF22. Read more Digital transformation on the CEO agenda Successful digital transformations may not be as elusive as you think. The best CEOs know up front what success looks like—and what stands in their way. Get better, faster   Forward Thinking on democratizing technology with Anne-Marie Imafidon "Having a computer science degree should not be a prerequisite for being one of the only people in control of what happens next. It's about democratizing. It's about giving folks agency so we can make collective decisions about what happens next rather than it being that technical power race. I don't know if we can call it race to the—I'm going to call it the bottom, race to the dystopia." Break barriers   The rising value of industrial brands New research highlights how brand visibility drives industrial companies' performance. Here's what they can do about it. Raise your game   Manufacturing process innovation for industrials Industrial manufacturing levels in the United States have been falling for decades, but process innovation is gaining steam and could reinvigorate this struggling sector. Tap into the opportunities    Prepare now for the future of industrial services A 600-executive survey reveals how services organizations can adapt to a remote-first world by revamping their operating models and carefully tailoring commercial models to match. Get ready   The semiconductor decade: A trillion-dollar industry The global semiconductor industry is poised for a decade of growth and is projected to become a trillion-dollar industry by 2030. Look ahead   The Fourth Industrial Revolution will be people powered Companies at the forefront of the technology frontier are empowering their workers with digital technologies—and the skills they need to use them. From aspiration to reality   Building workforce skills at scale to thrive during—and after—the COVID-19 crisis A new survey shows that skill building is becoming common practice, social and emotional skills are in demand, and there's a recipe for successful skill transformations. Invest in transformation   In conversation: The CFO's critical role in innovation By embracing discipline and well-defined processes, innovation teams can make finance leaders their biggest allies. Understand the shifts   What is the metaverse—and what does it mean for business? No official definition yet exists for the metaverse, but companies can't afford to wait until one does or the metaverse fully evolves to start experimenting and investing in it. Read more   Author Talks: Hacking into humanity In the next decade, Amy Webb predicts that synthetic biology will be as common as artificial intelligence. Understand tomorrow's technology   The state of AI in 2021 A majority of companies now adopt AI, and leaders are using more sophisticated tools and practices. Explore the data   Innovation—the launchpad out of the crisis How organizations can innovate their way into the postpandemic era. Move the needle   MORE FROM MCKINSEY McKinsey and the World Economic Forum As a strategic partner, McKinsey supports the World Economic Forum's mission of improving the state of the world. Learn more   To see more essential reading on topics that matter, visit McKinsey Themes. — Curated by Eleni Kostopoulos, a digital publishing manager in New York Follow our thinking McKinsey Insights - Get our latest thinking on your iPhone, iPad, or Android 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 our Advanced Industries alert list. Manage subscriptions | Unsubscribe Copyright © 2022 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007