The McKinsey Quarterly

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McKinsey Quarterly is the business journal of McKinsey & Company.

five energy technologies to watch article, impact of individual technologies could be very big or very small, Strategy & Analysis

January 2012 

Five technologies to watch

Innovation in energy technology is taking place rapidly. Five technologies you may not have heard of could be ready to change the energy landscape by 2020.

Recent Thinking
  • revolution in resource management article, increase in resource productivity, Strategy & Analysis

    January 2012 

    Mobilizing for a resource revolution

    Over the next quarter century, the rise of three billion more middle-class consumers will strain natural resources. The race is on to boost resource supplies, overhaul their management, and change the game with new technologies.

  • Voices on the resource revolution article, resource commodity demand, Strategy & Analysis

    January 2012 

    Voices on the resource revolution

    Historian Niall Ferguson, the CEO of a water services company, and Boeing’s lead environmental executive reflect on the resource transition under way, where it could be headed, and what it means for leaders now.

    Includes: Video Interactive
  • new era for commodities article, demand for commodities is rising, Strategy & Analysis

    November 2011 

    A new era for commodities

    Cheap resources underpinned economic growth for much of the 20th century. The 21st will be different.

    Includes: Audio
  • adoption of electric cars article, early adopters of electric cars, Strategy & Analysis

    February 2011 

    The fast lane to the adoption of electric cars

    Large cities may be the ideal test track for the mass market. Catalyzing early adoption could take less than most auto executives and policy makers think.

The Archive

2010

2009

2008

2007

2006

2005

  • December 2005 

    Capital discipline for Big Oil

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

    Includes: Audio
  • September 2005 

    Securing India's energy needs

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

  • September 2005 

    Unearthing India's mineral wealth

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

  • May 2005 

    What's next for Big Oil?

    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

  • December 2004 

    When payback can take decades

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

  • February 2004 

    A new look at diversification

    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

2002

  • November 2002 

    Fighting for your price

    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

  • May 2001 

    The alchemy of LBOs

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

  • February 2001 

    Timber!

    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

  • November 2000 

    Shedding the commodity mind-set

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

    Includes: Audio
  • May 2000 

    Pulp fact

    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.

  • May 2000 

    Valuing cyclical companies

    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

  • February 1998 

    Wooing investors to prevent cyclicality

    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

  • May 1997 

    Serving your customer’s customer: A strategy for mature industries

    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

  • August 1996 

    How vertical integration can sap profits

    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.

  • May 1996 

    Asset management in basic materials

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

  • February 1996 

    Managing capacity in basic materials

    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

  • November 1995 

    Profits in your backyard

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

  • August 1995 

    Pricing commodities: What you see is not what you get

    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.

  • May 1995 

    Beyond volume in commodity businesses

    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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