McKinsey & Co is pleased to announce a $15 million impact investment in the Black Economic Development Fund (BEDF), managed by the Local Initiatives Support Corporation (LISC). The BEDF is part of LISC’s Project 10X, a $1 billion strategy to address racial gaps in health, wealth, and opportunity. McKinsey’s contribution, along with those of 10 public corporations, has helped the fund hit its goal… Read more »
For more interesting articles, visitAcross industries and regions, the concept of organizational agility is catching fire as companies scurry to deal with rapid change and complexity. Yet, achieving the ability to reshape themselves quickly is proving elusive for most. The findings of McKinsey’s first global research study of agile organizations underscores the difficulties in achieving their desired nimbleness. But it also illuminates that getting agile right delivers substantial rewards ranging from efficiency improvements and improved customer satisfaction, to faster time to market.