This year, 82% of US consumers, 73% in the UK, and 87% in China say wellness is a top priority, with more than half giving it even more importance than last year. We took a closer look at the $1.8 trillion global market for consumer wellness products and found shifting preferences in certain categories—and growing opportunities for companies and brands. ➡️ https://mck.co/3VnEqZ5
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Salil Pitroda
AI, Fintech And Software Builder And Investor | McKinsey, Private Equity, Startup Co-Founder, Board Director
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Martin Roll
Martin Roll is an Influencer Harvard Board Advisor | Strategy Expert | Leadership Advisor | CEO Mentor | INSEAD Distinguished Fellow | Family Business & Family Office Expert |…
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Updates
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Did you know the global classic car market is valued at an astonishing 800 billion Euros? With significant trading volumes and impressive value growth, it’s an exciting industry that continues to captivate enthusiasts worldwide. To discuss how innovation and sustainable practices will be essential to preserving the future of collectible cars, McKinsey is the knowledge partner of “The Classics Forum,” the world's premier classic car summit. Join us as leading industry executives and notable global collectors share strategies and concrete actions for maintaining and enhancing value in the classic car market. The event starts today, June 1, in Italy at Tenuta di Roncolo (RE) and ends with a fantastic public event on June 2. Visit The Classics Forum website for more event info: https://mck.co/457PoFl #TheClassicsForum #classiccars
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Consumer attitudes about charging are crucial for the electric-vehicle market's growth. 🚗⚡ Despite heavy investments in EVs, concerns about charging infrastructure could hinder sales and impact climate change efforts. Our survey shows consumers want fast, convenient charging and in-home chargers bundled with other green solutions. Here we examine how to keep the shift to sustainable mobility on track. https://mck.co/3yE5nPr #ElectricVehicles #GreenBusinessBuilding
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As gen AI reshapes jobs, leaders have a chance to reimagine work, the workplace, and the worker. In today's digital age, companies need to move away from rewarding traditional productivity—like hours worked or tasks completed—and start focusing on impact and outcomes. We've outlined five actions your organization can take to maximize healthy work environments, team effectiveness, and employee well-being. https://mck.co/4e6Zo67
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Small businesses tend to contribute most of the value added for economies in 4 sectors: 🥗 Accommodation and food 🚧 Construction 🧑 Professional services 🤝 Trade Explore more in MGI's new report: mck.co/msme #SmallBusiness
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Navigating the evolving landscape of the Asian insurance market requires a deep understanding of regional dynamics and a strategic vision for growth. In a new interview in our Leading Asia series, which features in-depth conversations with the region’s most influential leaders, AIA CEO Lee Yuan Siong discusses the evolution of the Asian insurance market, what makes AIA unique, and the power of insatiable curiosity and a strong network. Read it here: https://mck.co/3R6kk3h #FutureofAsia #FoA #LeadingAsia #Leadership
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If 2023 was the year the world discovered generative AI, 2024 is the year organizations began deriving real business value from it. According to our latest State of AI in early 2024 survey by QuantumBlack, a McKinsey company , 65% of respondents report regular use of gen AI, nearly double from ten months ago. Learn more about the significant benefits organizations are already seeing, including cost reductions and revenue increases in our new report ➡️ https://mck.co/4aGSIZw #AIbyMcKinsey #GenAI
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Generative AI technology is advancing rapidly, offering new capabilities for those who can harness it. ✨ Explore the evolution of gen AI agents and how companies can and should implement the technology, where the pools of value lie for the enterprise as a whole. ➡️ https://mck.co/3wXZP1M
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What’s next for natural gas? We interviewed Alan Armstrong, president and CEO of Williams, to dive into the evolving role of natural gas in the energy mix. With four decades in the industry, Armstrong shares insights and learnings — from time spent navigating the energy transition with an infrastructure company to embracing all the challenges that come with leadership. ➡️ https://mck.co/453HKMk #Leadership #EnergyTransition
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The U.S. skilled labor market is struggling to balance worker supply and demand. In manufacturing and construction, the aging workforce with limited replacements and skyrocketing demand for workers are the primary causes of this imbalance. Similar situations are occurring in other sectors, too. We’ve identified three strategies to help tackle these workforce challenges: https://mck.co/3wG1jgP #FutureOfWork #Leadership