Geo-Economics and Politics
Scale matters more than ever for European competitiveness. Here's why
As we enter a new geo-economic era, Europe's competitiveness is under pressure. Here's how European firms are to compete globally.
Sven Smit is a senior partner at McKinsey & Company and chair of the McKinsey Global Institute (MGI), McKinsey's business and economics research arm, and a member of the McKinsey Board of Directors.
He leads MGI research on global economic trends and topics such as productivity and growth, urbanization, innovation and technology, labor markets and the future of work, emerging markets, and Europe's economic outlook. Recent MGI reports he coauthored include: The new social contract in the 21st century; Prioritizing Health: a prescription for prosperity; The future of work in Europe; Risk, resilience, and rebalancing in global value chains.
He helps McKinsey develop the firm’s point of view on core issues such as economic volatility, inflation, and uncertainty, and defines ways to help clients navigate the problems. As a leader of McKinsey’s global strategy & corporate finance practice, Sven works with leading companies to develop strategies for growth, serving all industries.
Sven is co-author of two business books, Strategy Beyond the Hockey Stick (2018), and The Granularity of Growth (2008) and he is regular speaker at conferences around the world.
He holds a degree in Mechanical Engineering from Delft University of Technology and an MBA from INSEAD.
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Global Cooperation
Why alleviating poverty and fighting climate change don't have to be mutually exclusive goals
While we have progressed, 730 million people globally still live in poverty, on below $2.15 a day. Here's how we can help without harming climate progress.
Financial and Monetary Systems
全球纸面财富飙升，金融业何时才能不再与实体经济脱节？
全球资产负债表（全球经济中所有资产和负债的总和）在过去二十年中持续扩大；尽管在这全球“纸面财富”（wealth on paper）的飙升期，资产负债表的增速更快了，但是生产率却放缓了，投资也减少了；目前，提高生产率势在必行，这就需要我们将节省下来的资金用于生产性投资，并加快采用数字技术。
Business
Paper wealth or wealth based on productivity – what happens next?
Wealth on paper has grown while productivity has slowed. Here's why investment in and adoption of digital technologies are key to boosting productivity.
Forum Institutional
The complication of concentration in global trade
In a time of geopolitical crisis and supply chain disruption, product concentration in global trade is endangering resilience. This holds true everywhere.
Jobs and the Future of Work
Human capital at work: The value of experience
Human capital: for individuals looking to boost their skills, increase their earnings and the value of their working track records - role moves can help, say researchers
Jobs and the Future of Work
3 formas en las que la experiencia laboral supera a la educación formal para el desarrollo profesional
El McKinsey Global Institute examinó 4 millones de historiales laborales y encontró que la experiencia laboral significativa es fundamental para el desarrollo del capital humano.
Jobs and the Future of Work
3 ways work experience outsmarts formal education for professional development
The McKinsey Global Institute examined 4 million job histories and found that meaningful work experience is critical to human capital development.
Economic Growth
How defining intangible investments can help grow the knowledge economy
Companies that invest intangible assets assets are unlocking record growth. So why do we need to redefine these assets and how can policymakers help?
Health and Healthcare Systems
In charts: how economic sentiment has changed during COVID-19
73% of respondents in McKinsey's latest Global Survey believe that the economy will improve in the next 6 months, but that hasn't always been the case.
Health and Healthcare Systems
Two key conditions for a post-pandemic economic recovery
Analysis from the McKinsey Global Institute looks at eight economic sectors to uncover the key conditions for a sustained economic recovery from COVID-19.
Forum Institutional
The COVID-19 crisis has revitalized the social contract. For how long?
The massive intervention during 2020 has reversed a trend, effectively reviving the social contract, at least for now.
Economic Growth
This report by McKinsey shows that wealth doesn't always equal success
New research looks at the factors driving the disconnect between economic indicators and public opinion - identifying at least 3 central issues.