McKinsey Quarterly is the business journal of McKinsey & Company.
MARCH 2010
Policy makers everywhere should focus on the competitiveness of individual sectors.
DECEMBER 2009
The quintessential business statesman reflects on a long career and the work needed to rebuild America’s economic future.
FEBRUARY 2010
With unemployment hovering just below 10 percent, job creation is now priority number one in Washington. But America’s jobs challenge is a marathon, not a sprint.
JANUARY 2010
Several major economies are likely to face imminent deleveraging. If history is any guide, it will be a lengthy and painful process.
A variety of government actions in addition to laws and regulations powerfully affect companies’ finances, executives say. But executives also indicate that companies’ processes to manage their relationships with government are generally less robust than are the ones used to manage relationships with other stakeholders.
New thinking is needed to deliver the benefits of public-works spending and eliminate the waste.
The solution to water scarcity, in part, will come from new technologies for better managing water as a resource. But to make these technologies more effective, business and policy leaders will need to work more closely to implement them.
OCTOBER 2009
Public-relations expert Richard Edelman explores the new landscape of corporate reputation and trust.
AUGUST 2009
A more consumer-centric economy would allocate capital and resources more efficiently, generate more jobs, and spread the benefits of growth more equitably. It would also even grow more rapidly.
MAY 2009
Public-sector companies can match the performance of their private-sector counterparts and even become world-class players.
JULY 2008
China’s state-owned companies, like China itself, are diverse. Many of them would make better partners for multinationals than some of their private-sector counterparts. Openness, not ownership, is the key.
A McKinsey Global Institute documentary probes the opportunities and policy choices posed by the biggest urbanization wave in history.
China’s cities are booming. Intelligent policies could make the good effects prevail over the bad ones.
APRIL 2008
Greenhouse gas emissions can be cut significantly—and, surprisingly, without huge disruption.
FEBRUARY 2008
Opportunities to invest in public infrastructure will increase during the next few years, but so will competition for deals.
JUNE 2009
The expanded role of governments means that taxpayers will pay more for public services—and will demand more in return. To meet these expectations, the public sector must transform itself.
As the roles of the region’s governments expand and change, they must transform their capacity and performance.
Göran Persson has lived a story that should encourage leaders around the world: how to stay in power while pursuing a harsh crisis program that requires sacrifices throughout society.
NOVEMBER 2009
Government leaders have the opportunity to improve the performance of their organizations. To do so they will need to harness the talents and motivation of their workforce.
To get the most out of the purchasing function, public institutions should gain a consolidated view of purchasing spend, set high aspirations for change, streamline buying processes, and strengthen the purchasing organization.
Through lean and Six Sigma initiatives, public-sector agencies can improve performance and productivity—but the impact won’t stick if they ignore the “soft” side of making operational change happen.
David Fisher talks about his experiences after he went from the private sector to the biggest organization in the US government.
OCTOBER 2007
Ian Davis, managing director of McKinsey, talks about the public-sector productivity imperative.
JUNE 2006
Governments at all levels must deliver more for less. The principles of lean manufacturing offer surprisingly apt solutions.
The United States has a great opportunity to restrain the cost of its health care system, to improve medical outcomes, and to ease the financial and psychological burden on US consumers.
DECEMBER 2008
The United States spends more on health care than comparable countries do and more than its wealth would suggest. Here’s how—and why.
Making health care more affordable is the key to making the US system sustainable. We can bring three of the largest sources of underlying costs and their growth under control.
SEPTEMBER 2009
Kenneth Knight shares lessons from a career spent analyzing and preparing for the unknown.
MARCH 2009
Risa Lavizzo-Mourey talks about the foundation's campaign against childhood obesity and its efforts to cope with the downturn.
NOVEMBER 2008
Leon Panetta discusses how to make change happen, public–private partnerships and their effect on policy, and the major management challenges confronting the new administration.
Having helped to put India’s economy on the right track, Montek Singh Ahluwalia has now changed focus, to addressing problems with the country’s infrastructure and financial and educational systems.
Sheila Dikshit discusses the challenge of urban development in India.
JULY 2009
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