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How chief strategy officers think about their role: A roundtable

May 2008

Chief strategy officers from several high-profile companies discuss the complexities and challenges of the role.

Featured Strategy, Strategy in Practice Article, climate change strategies
Business strategies for climate change

April 2008

Huge value is at stake. The winners will be companies that reposition themselves to seize the opportunities of a low-carbon future.

Featured Strategy, Strategy in Practice Article, prediction markets crowd intelligence
The promise of prediction markets: A roundtable

April 2008

Although they draw together widely dispersed information, prediction markets face organizational and legal challenges.

The Archive

2008
Dissecting global trends: An example from Italy

March 2008

Executives should examine the impact of trends on subindustries, segments, categories, and micromarkets before placing their bets.

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.

CEOs on strategy and social issues

October 2007

Business leaders are now more inclined to incorporate society’s expectations into their core strategies but face many challenges when they do.

How to improve strategic planning Premium Content

August 2007

It can be a frustrating exercise, but there are ways to increase its value.

How companies spend their money: A McKinsey Global Survey

June 2007

Companies strive for effective resource allocation, but despite the involvement of senior executives and the best of intentions the end results are often decidedly mixed.

The granularity of growth

May 2007

A fine-grained approach to growth is essential for making the right choices about where to compete.

The trust gap between consumers and corporations Premium Content

May 2007

Sixty-eight percent of executives say that large corporations make a generally or somewhat positive contribution to the public good. Yet only 48 percent of consumers agree.

What consumers expect from companies Premium Content

May 2007

Companies must gain a better understanding of consumer perceptions and expectations about corporate social responsibility if they are to win the public's trust.

Preparing for the next downturn

April 2007

In a buoyant economy, the next recession seems far off. But managers who prepare during good times can improve their companies' chances to endure—or thrive in—the eventual downturn.

The halo effect, and other managerial delusions

February 2007

Companies cannot achieve superior and lasting business performance simply by following a specific set of steps.

The new metrics of corporate performance: Profit per employee

February 2007

Most measurements of performance are geared to the needs of 20th-century manufacturing companies. Times have changed. Metrics must change as well.

CEOs as public leaders: A McKinsey Survey Premium Content

January 2007

US business executives say they should play a much greater role in shaping debate about sociopolitical issues and leading efforts to effect change.

2006
Building the global bank: An interview with Jamie Dimon Premium Content

November 2006

The CEO of JP Morgan Chase discusses postmerger integration, risk, and leadership.

Going from global trends to corporate strategy

August 2006

Will your business catch them before they catch it?

"Soft" leadership in business

May 2006

To address business and sociopolitical issues, CEOs will have to draw on a different set of skills.

When social issues become strategic Premium Content

May 2006

Executives ignore sociopolitical debates at their own peril.

An executive take on the top business trends : A McKinsey Global Survey Premium Content

April 2006

Executives report an accelerating pace of change in an increasingly competitive business environment, driven by knowledge and information trends and the forces of globalization.

The right service strategies for product companies Premium Content

February 2006

As products evolve into commodities, services become more important. But companies that play this new game must understand its rules.

Ten trends to watch in 2006

January 2006

Macroeconomic factors, environmental and social issues, and business and industry developments will all profoundly shape the corporate landscape in the coming years.

The McKinsey Global Survey of Business Executives : Business and Society

January 2006

Executives say they face a host of worries about society's expectations of their companies, which can—and must—do better.

2005
The role of regulation in strategy

November 2005

Companies have everything to gain from linking them.

What's next for Tata Group: An interview with its chairman

November 2005

Ratan Tata explains how the company is expanding abroad while cultivating an emerging mass market at home.

Public-private partnerships as a development engine

September 2005

Business and government should be partners, not rivals—let alone enemies.

Extreme competition Premium Content

February 2005

The forces of globalization, technology, and economic liberalization are combining to make life harder than ever for established companies.

Leadership as the starting point of strategy Premium Content

February 2005

Even the best strategy can fail if a corporation doesn’t have a cadre of leaders with the right capabilities at the right levels of the organization.

2002
Controversy Incorporated Premium Content

November 2002

Companies that address the social concerns surrounding contentious markets may well find the effort rewarding.

Learning from high-tech deals Premium Content

February 2002

M&A deals are more likely to destroy value than to create it. But when they are executed strategically and often, as part of the routine of running a business, the odds favor success.

The other side of outsourcing Premium Content

February 2002

Despite the difficulties, there is money to be made running routine operations for other companies.

2001
New tools for negotiators Premium Content

May 2001

A few simple ideas make it possible to construct powerful strategies for even the most complex deals.

Creating a knowledge culture

February 2001

Knowledge is now the lifeblood of all companies. Don’t confuse it with information.

2000
Patching: Restitching business portfolios in dynamic markets Premium Content

June 2000

In a world of shifting and dynamic markets, managers must be able to capture opportunities faster than their competition does. Those who patch well can create multibusiness companies that outperform even the most efficient capital markets.

The microeconomics of industry supply Premium Content

June 2000

Understanding your industry's cost structure can give you a powerful competitive advantage. And if you happen to be in a manufacturing business, it can dramatically improve your capacity and production decisions.

1999
The curse of too much capital: Building businesses in large corporations Premium Content

August 1999

Large corporations often finance their fledgling businesses too generously. They should take a hint from venture capitalists.

Strategic thinking on the front lines Premium Content

May 1999

Being an insider in your local market is no longer enough. Do you have the skills to specialize or the market cap to acquire?

Brilliant strategy, but can you execute? Premium Content

February 1999

The best strategy for any company is a strategy it can implement. The experience of two industries—energy and pharmaceuticals—illustrates a new way to assess the fit between corporate strategy and corporate strengths.

1998
Can big companies become successful venture capitalists? Premium Content

May 1998

Maybe, but first they need to understand what makes the model work. Four good reasons to try…pick only one.

1996
Prospering through relationships in Asia Premium Content

November 1996

In this part of the world, relationships are the art of strategy. Can Westerners join the “investment club”?

Why are we bungling process innovation? Premium Content

May 1996

First, look to customer satisfaction rather than competitors’ costs. Develop new processes as you do products, by testing market response. The reengineering trap.

1994
Lessons of the Japanese mavericks Premium Content

February 1994

The “Western” methods of maverick Japanese companies now succeed where traditional “insider” methods fail.

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