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Featured Energy, Resources, Materials, Strategy & Analysis Article, Climate change and supply-chain management
Climate change and supply chain management

July 2008

Top companies regard climate change as an opportunity to get closer to suppliers—effectively reducing both costs and carbon in their supply chains.

Featured Energy, Resources, Materials, Strategy & Analysis Article, invest in energy efficiency
How the world should invest in energy efficiency

July 2008

A program that targets cost-effective opportunities in energy productivity could halve the growth in energy demand, cut emissions of greenhouse gases, and generate attractive returns.

Featured Energy, Resources, Materials, Strategy & Analysis Article, capital projects for competitive advantage
Managing capital projects for competitive advantage

June 2008

Investment in capital projects is rising. First-rate contracting will help companies to get a significant leg up on their rivals.

The Archive

2008
The economics of solar power

June 2008

Don’t be fooled by technological uncertainty and the continued importance of regulation; solar will become more economically attractive.

Cutting carbon, not economic growth: Germany's path

April 2008

The country can go on cutting its greenhouse gas emissions substantially, but difficult trade-offs loom.

2007
Assessing the impact of societal issues: A McKinsey Global Survey

November 2007

Executives place the environment and climate change in a class of their own when evaluating the impact of societal issues on shareholder value. They also indicate that companies are getting a little better at managing sociopolitical issues and understanding what the public wants.

Curbing the growth of global energy demand

July 2007

The opportunities for improvement are huge, but market forces alone won’t realize them.

Betting on biofuels

May 2007

The industry is still in its infancy but evolving rapidly. Companies that hope to compete must devise their entry strategy now.

Positioning Brazil for biofuels success

March 2007

The country now produces ethanol more cheaply than anywhere else on Earth, but that may not be true for long.

Weighing the risks in South American basic materials

March 2007

Multinational companies remain wary of political and macroeconomic risk in Latin America. Yet the region is full of attractive opportunities.

A cost curve for greenhouse gas reduction

February 2007

A global study of the size and cost of measures to reduce greenhouse gas emissions yields important insights for businesses and policy makers.

Global trends in energy

February 2007

Energy and materials companies face a demanding future. They must start preparing for it now.

Making the most of the world's energy resources

February 2007

Demand for energy is set to grow rapidly during the next 15 years—unless governments, businesses, and consumers take advantage of the many substantial, economically viable, and technologically proven opportunities to boost energy productivity.

Moving energy-intensive industries to the Gulf

February 2007

Multinational producers of energy-intensive commodities must rethink their approach to crafting deals in the Gulf.

New horizons in global energy

February 2007

Many problems seem intractable, but energy doesn’t have to be one of them.

2006
Leading change: An interview with the CEO of Eni Premium Content

August 2006

Paolo Scaroni explains how he helped rescue two troubled businesses and now confronts what is in some respects a more challenging task: leading a highly successful one.

Smarter investing in energy commodities

August 2006

Many arenas to profit from—but only with the right skills.

The China factor in fine paper

March 2006

China's emergence as a major player is transforming the global fine-paper industry. European and North American producers must consider their strategic options.

2005
Capital discipline for Big Oil Premium Content

December 2005

The oil and gas industry has a history of overinvesting at the top of a cycle. This time it should break the habit.

Securing India's energy needs Premium Content

September 2005

Demand is outstripping supply. Will the country find the reserves it needs to fuel its growth engine?

Unearthing India's mineral wealth Premium Content

September 2005

There's a gold mine out there—if the government eases restrictions on market entry and improves infrastructure.

What's next for Big Oil?

May 2005

The major oil companies are struggling to replenish their reserves amid increased competition for new sources of petroleum. Innovative approaches are needed to ensure these companies' long-term viability.

2004
When payback can take decades Premium Content

December 2004

For capital-intensive businesses, the variables in portfolio decisions can seem overwhelming. Streamlining can help.

A new look at diversification Premium Content

February 2004

In basic materials, only diversified companies approach an efficient portfolio’s risk–return performance, since they can exploit negative correlations among the business cycles of different commodities.

2003
The special challenge of measuring industrial company risk Premium Content

January 2003

Off-the-shelf tools from other sectors won’t work. What will?

2002
Fighting for your price Premium Content

November 2002

A new kind of professional purchaser bent on getting rock-bottom costs threatens suppliers of basic materials. But these companies can save themselves by taking up the purchasers’ weapons.

2001
The alchemy of LBOs Premium Content

May 2001

How can investment bankers achieve better results at chemicals companies than engineers and chemists do? No, it isn't black magic.

Timber! Premium Content

February 2001

Acquirers in the forestry products industry beware: the capital markets’ tendency to give acquisitions the thumbs down is well-founded and suggests that most companies should sell rather than buy.

2000
Shedding the commodity mind-set

November 2000

No product really has to be a commodity. The trick is to know what services your customers want—and to charge more.

Pulp fact Premium Content

May 2000

The past decade has been a punishing one for shareholders of pulp-and-paper companies, but successful, or at least remedial, strategies are available even for the weaker performers among them.

Valuing cyclical companies Premium Content

May 2000

Cyclical stocks such as airlines and steel can appear to defy valuation. But an approach based on probability will help managers and investors draw up a reasonable estimate.

1998
Wooing investors to prevent cyclicality Premium Content

February 1998

Companies without structural advantages can reap rewards by managing the inevitable cycle. But to do so, they must get their financing at the right time and understand the dynamics of demand for their products.

1997
Serving your customer’s customer: A strategy for mature industries Premium Content

May 1997

The concept is simple: help 20 to 30 customers serve their customers better. Most of the improvement potential is not in sales (or pricing) but in logistics and technology. By focusing on innovation and growth, a company can change its self-image and ability to attract talent.

1996
How vertical integration can sap profits Premium Content

August 1996

Many upstream producers have integrated with downstream ones in an effort to guarantee a market for their output. But such an insurance policy can turn out to be extremely expensive.

Asset management in basic materials Premium Content

May 1996

Senior management of basic material industries must not only focus on optimizing yield but also on managing the cycle.

Managing capacity in basic materials Premium Content

February 1996

Cyclical markets aren’t the enemy—you are. A new model suggests counter-strategies. Modernize in an upturn, buy capacity in a downturn. Sectors growing at 2 to 3 percent may be the best bet.

1995
Profits in your backyard Premium Content

November 1995

Improving volumes and margins from current businesses may be your best option.

Pricing commodities: What you see is not what you get Premium Content

August 1995

Say goodbye to the tonnage mentality. The difference in profitability between similar orders can be 20 percent. Get the true cost of every order to both manufacturing and sales. Two case examples in steel and pulp and paper.

Beyond volume in commodity businesses Premium Content

May 1995

Managers in commodity businesses talk about cost and volume, and seldom if ever use innovative pricing and marketing approaches. But unexploited pricing and marketing opportunities do exist—and can be captured quickly.

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