Scott Blackburn, a partner at McKinsey and Company, has said that federal agencies can improve public trust by following the Department of Veterans Affairs’ example of organizational transformation.
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McKinsey Unveils Methodology to Measure Government Spending Productivity
McKinsey and Company‘s government performance research hub has developed a database and benchmarking methodology that works to evaluate the efficiency and effectiveness of government spending in efforts to advance productivity. The company said that the McKinsey Center for Government’s Government Productivity Scope aims to identify public sector productivity opportunities across healthcare, education, public safety, …
Read More »Yale University and McKinsey & Co. Hold First Ever Cyber Leadership Forum
Yale University and global consulting firm McKinsey & Co. aim to facilitate a conversation on how legal, business and policy leaders can work together on cybersecurity issues at the “Bridging the Divide” conference March 30-April 1 in New Haven, Conn. This first-ever Yale Cyber Leadership Forum aims to offer attendees …
Read More »McKinsey Study: Current Tech Could Automate Half of Paid Jobs Worldwide
A new study from McKinsey Global Institute estimates nearly half of activities employees carry out in the world’s workforce at approximately $16 trillion in wages could be automated with the use of currently demonstrated technologies. McKinsey Global Institute said Thursday the report on “A future that works: Automation, employment, and productivity” has estimated automation to …
Read More »Executive Profile: Ankur Ghia, Partner at McKinsey & Co.
Ankur Ghia serves as a partner at management consulting firm McKinsey & Co. In this role, he is responsible for sales and corporate strategy development, operational improvement and other strategic consulting-related operations for the company. Ghia is a 15-year company veteran who has led information technology procurement, performance assessment and …
Read More »Executive Profile: Michelle Quadt, Client Development Adviser at McKinsey & Company
Michelle Quadt works as a public-sector client development adviser within the global infrastructure practice of McKinsey & Company, a management consulting company based in New York. She is a strategy development professional and has more than 15 years of experience working on strategic initiatives in both the private and public sectors. …
Read More »McKinsey: Internet of Things-Based Systems to Spur $11T Economic Impact By 2025
A new McKinsey & Co. report projects the total economic impact of Internet-connected devices to fall somewhere between $3.9 trillion and $11.1 trillion by 2025. The June 2015 report said technological innovations, investments in talent and adoption of new business models are the trends that will drive the potential of Internet of Things-based platforms. …
Read More »McKinsey Report Highlights Public-Private Infrastructure Funding Gap
A McKinsey & Co. report projects that $57 trillion in funds will be needed to build and repair public infrastructure assets through 2030 but governments are unlikely to meet the global demand for infrastructure. McKinsey’s Alastair Green, Tim Koller, and Robert Palter said they believe many public works projects fail …
Read More »Executive Profile: Paul Harrington, Client Development Leader for McKinsey & Co.’s US Public Sector Practice
Paul Harrington serves as the Client Development Leader for the U.S. Public Sector Practice at McKinsey & Co. In this role, Paul leads a team composed of client development advisors, proposal managers and market research/competitive intelligence resources that work with the PSP Leadership to expand the firm’s ability to serve …
Read More »McKinsey: Global A&D Market to See APAC, Middle East Shift
A new report by McKinsey & Company indicates a positive outlook in the aerospace and defense industry in terms of global defense spending and market growth over the next three years. John Dowdy and Elizabeth Oakes report that an October 2014 survey of senior executives at aerospace and defense companies points to a …
Read More »McKinsey’s David Court: Aim to Scale Up Analytics Benefits with Tech, Culture Change
David Court, a director at McKinsey & Company, believes companies that want to explore the potential business impact of data analytics must undergo a strategic transformation that involves planning, restructuring and frontline development. Court wrote in a piece for McKinsey Quarterly’s January 2015 issue that management teams should optimize the use of new analytics technology and …
Read More »McKinsey Report: Sustained C-Level Support Key to Cyber Policy
C-level executives should take a more proactive role not only in drafting but also in implementing and following through with their enterprise’s cybersecurity policy, McKinsey & Company said in an Insights article published this month. The authors of the report said, however, that while most senior leaders are aware of the implications …
Read More »McKinsey Cyber Report Details Growing Risks to Companies, Economies
A new McKinsey & Co. study has highlighted the potential economic risks posed by a growing number of cyberattacks amid companies with cybersecurity capabilities that are still in the emergent stage. Poll authors Tucker Bailey, Andrea Del Miglio and Wolf Richter, who conducted the study in collaboration with the World Economic …
Read More »McKinsey Report Examines Cybercrime’s Effects on Business Strategies
A study by McKinsey & Co. and the World Economic Forum found that more than 50 percent of professionals worldwide believe that cybersecurity threats pose strategic risks to their organizations. The research also sought to find out how executives view cybercrime, its impact on business operations and companies’ response to …
Read More »McKinsey Research Studies the Reallocation of Tech R&D Expenditures By Large Companies
McKinsey & Co. has polled senior executives at businesses that generate more than $1 billion in revenues to examine the levels of their organizations’ research and development reallocation. Data from the research shows that annual R&D budget shifts range between 12.7 percent and 13.7 percent, on average, regardless of a …
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