Consulting

A heritage financial services institution isn’t necessarily the first place a technologist looks to grow their career. But that hasn’t been a problem for JPMorgan Chase, which has made itself an appealing career destination for technologists. “Technology is not an afterthought,” says Gill Haus,...

Companies usually call your references when you’re a finalist for a role. But you may not be the only finalist, and the reference check could determine whether you get the job. When a hiring manager calls a reference, they’re looking to gain deeper insight into your strengths, development areas,...

Structural racism is a reality in the American workplace. Studies have shown that all else being equal, white employees are more likely than their non-white peers to receive callbacks for job interviews, are less likely to be blamed for poor performance, earn significantly higher wages, and...

The lack of a US supply chain for electric vehicle battery materials is often spun as a tale of inconvenient geography. In many ways, this is true. There’s cobalt from the Congo. Indonesian nickel. Latin American lithium. But there’s one critical material for which this isn’t the case: graphite....

Once found, these inscrutable rules have helped particle physicists calculate scattering amplitudes at much higher levels of precision than they could achieve with the traditional approach. The restructuring also allowed Dixon and his collaborators to spot the hidden connection between the two...

Of course, getting there won’t be easy—changing power structures never is. Scholars from John Dewey to Helene Landemore have emphasized the material changes and conditions of “education and freedom”—from access to basic necessities to economic security—needed for democracies to truly enable...

farmers around the world have turned to tractor hacking so they can bypass the digital locks that manufacturers impose on their vehicles. Like insulin pump “looping” and iPhone jailbreaking, this allows farmers to modify and repair the expensive equipment that’s vital to their work, the way they...

back-to-school season is officially here. Whether you're heading back to a physical or virtual classroom, starting a new school year calls for stocking up on new notebooks, folders, pens, and more. It's also a great time to upgrade your tech, to help make those study sessions easier on the brain....

First, there’s the fact that most of us think we’re smarter and wiser than we actually are. In fact, research by Angela Duckworth suggests that many of us (especially those who struggle to reach our goals) often give advice in order to boost our own confidence or feel smarter. Second, much of the...

A conversation about equity and what it takes to make effective AI policy. This episode was taped before a live audience at MIT Technology Review’s annual AI conference, EmTech Digital. This episode was created by Jennifer Strong, Anthony Green, Erin Underwood and Emma Cillekens. It was edited by...

Samsung's mobile phone design philosophy could best be described as “if it ain't broke, bend it.” The company—one of the top smartphone manufacturers in the world—announced some new foldable devices this week, and they don’t exactly break the mold. Even the Galaxy Z Fold, once Samsung’s flagship...

Green bonds represent the largest segment of the sustainable finance market: global issuance of green bonds reached about $620 billion in 2021, double that of the previous year, and the market has grown at a compound annual rate of about 60 percent for the past five years (Exhibit 1). The...

Most financial institutions today have a presence in the cloud, but adoption in the financial-services sector is still at a relatively early stage. Among the financial-services leaders who took part in a recent McKinsey survey, only 13 percent had half or more of their IT footprint in the cloud....

The race to net-zero emissions has begun, and the Great Reallocation of capital is underway. 1 1. “Playing offense to create value in the net-zero transition,” McKinsey Quarterly, April 13, 2022. In addition to the moral imperative of reallocating capital to help progress the goals of the net-zero...

The transportation industry is under pressure to rapidly decarbonize. Regulatory changes, as well as B2B and B2C customers’ demands for greener transportation value chains, are prompting the industry to adapt. In short-haul freight, battery electric vehicles (BEVs)—namely trucks and vans—are...

In response, Swedish freight company Einride is working to electrify diesel freight and transition toward the full autonomy of transport vehicles. McKinsey’s Melissa Yeo spoke with Robert Falck, founder and CEO of Swedish freight technology company Einride, about why sustainability in freight will...

In the months following the outbreak of COVID-19, delivery via road transport faced a number of pressing challenges, including increased safety precautions, urgent timelines, and shifting consumer preferences and expectations. Today, after more than two years of COVID-19 lockdowns, the logistics...

COVID-19 vaccination rates remain low in most countries in Africa. As of July 2022, only 24.4 percent of the population had received at least one dose, compared with the global average of 69.0 percent. 1 1. These statistics only highlight global and continental averages; it is important to note...

Singapore-based DBS Bank is known for having transformed itself from a local bank to global leader and winning multiple “best bank” titles. It has continued its evolution by focusing on digital transformation and building new digital products. DBS’s group head of strategy and planning is Han Kwee...

Infrastructure investing has long offered investors the best of both worlds: low-maintenance investments with predictable risk profiles and strong, consistent returns, even through chaotic periods. The past few months have been turbulent, with significant inflation, increases in interest rates,...

Allianz has embarked on an ambitious global platform transformation, implementing a new business model and technology platform across the world. In this episode of McKinsey on Insurance, McKinsey’s Matthias Redlich and Konstanze Reinecke speak with Veit Stutz, Allianz’s former global head of...