MCKINSEY
How can senior HR leaders prepare themselves to drive enterprise transformation through people?
ISB Executive Education’s 43-week Chief Human Resources Officer Programme equips senior HR leaders with the strategic judgement, business acumen and leadership capabilities to translate human capital into sustained enterprise value.
AI could eliminate up to 70% of manual risk tasks in banks, free capacity for strategic roles: McKinsey
McKinsey said banks could reinvest half of the capacity released through automation into stronger analytical capabilities, strategic risk advisory and faster portfolio decisions. The remaining capacity could be directed towards specialised AI engineering, data governance and platform development.
What 60 Years of Data Reveals About How Men and Women Experience Leadership
In 1965, Harvard Business Review surveyed 2,000 male and female executives to track perceptions of women in leadership. Since then, researchers have replicated that study every twenty years to gauge shifting attitudes toward women in top posts. In this latest installment, which includes responses from 193 senior U.S. executives, supported by in‑depth interviews and several new questions, researchers have found some troubling backsliding: Men and women now diverge sharply on whether women are judged more harshly, held to higher standards, and advance through genuinely meritocratic systems. The findings point not to overt hostility but to “underground bias”: informal sponsorship, subjective performance criteria, and unequal access to P&L roles. The researchers argue that organizations possess the tools to fix these gaps but have not yet summoned the will.
McKinsey warns AI-driven analysis could slow decision-making, weaken future leadership pipeline
As artificial intelligence evolves, it accelerates business analysis, posing new challenges for decision-makers. The rapid generation of insights can overwhelm leaders, creating strategic risks, as highlighted by McKinsey. Their findings stress that while analysis speeds up, human judgment remains vital for decision-making. To thrive, organizations must enhance their capacity for human oversight, ensuring a balance between AI advantages and critical executive judgment in strategic operations.
Companies need to overhaul cybersecurity as AI accelerates vulnerability attacks: Report
Companies will need to fundamentally overhaul their cybersecurity strategies and increase investments in automated threat detection and vulnerability management as frontier artificial intelligence (AI) makes it easier for cyberattackers to identify and exploit software weaknesses, according to a McKinsey report.
Over half of consumers use AI for wellness, yet concerns over accuracy persist: McKinsey
More than half of consumers use artificial intelligence for wellness, yet 40 per cent of United States consumers worry its advice may be inaccurate, according to a McKinsey report.
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AI sharpens cat-and-mouse hacking battle as companies strengthen defences
From hacked supermarket fridges and a record cryptocurrency theft at Binance to an emergency over flaws in widely used web software, companies worldwide are facing a wave of cyber threats executives say AI is accelerating
Australia data centre inquiry finds inadequate checks, stops short of moratorium
An inquiry into data centres by Australia's most populous state found approvals failed to consider the cumulative effect on resources and infrastructure but stopped short of calling for a moratorium, prompting a blistering rebuke from its chair.
U.S. and Japanese Companies Struggle with Different Parts of AI Adoption—and Offer Different Lessons for Making It Work
Companies in both the U.S. and Japan are struggling to deploy AI, but often in very different ways. In the U.S., deployment is wide but shallow, meaning companies struggle to create real value with AI. In Japan, deployment has moved slowly, but where it has happened, it’s often deep and fruitful. Understanding what’s happening in both contexts offers important lessons for companies trying to develop an AI strategy and demonstrate ROI on their AI investments.
12 key Indian mutual funds score zero on climate scenario analysis and stress testing. Should you be worried?
A recent study reveals that India's $900-billion asset management sector lacks climate scenario analysis disclosures. Twelve mutual funds, representing over 80% of assets, scored zero in stress testing. This gap contrasts with findings from Asian peers who share some level of climate analysis. Rising climate risks in India could threaten up to $250 billion in annual output by 2030.
Australian outback data centre pulls timeline after regulator stalls
Startup Energy North, which says it has finance lined up for a sprawling gas and solar-powered data centre on a cattle ranch in the country's remote north, 683 km (424 miles) from the nearest city, had given a "first power" date of June 28, 2028, in regulatory filings four months ago.
AI search gains 3-fold influence over traditional search in shopping decisions: McKinsey
McKinsey's survey, conducted in June 2026, covered around 21,000 consumers across 11 markets. It found that 56 per cent of consumers had used standalone AI chat or search tools for shopping in the previous three months, compared with 27 per cent who had used AI shopping assistants operated by retailers.
Millennials lead AI shopping adoption in India at 84%, ahead of Gen Z: McKinsey
In India, Millennials are leading the adoption of artificial intelligence for shopping, with 84 percent using AI tools. Gen Z follows closely at 74 percent, showcasing a growing trend across age groups. The report reveals that India ranks second globally for AI shopping adoption, with 76 percent of consumers utilizing such tools. Trust in AI-powered shopping is notably high in India, with 87 percent expressing confidence in AI tools.
One Planet Partners launches maiden PE fund, targets Rs 3,000 crore
One Planet Partners has launched a private equity fund in partnership with Sumitomo Mitsui Trust Bank. The firm plans to raise over ₹3,000 crore and target mid-market companies in India. One Planet will focus on sectors such as energy, mobility, and manufacturing, offering growth capital of ₹100 crore to ₹500 crore. Yulu Bikes Private Limited is the firm's first investment, participating in their $93 million Series C funding round.
Agentic AI can cut banks' transaction monitoring workload by up to 50%, improve compliance quality: McKinsey
Banks could reduce the human effort required for transaction monitoring investigations by 30-50% by deploying agentic artificial intelligence (AI), while improving the quality and consistency of compliance reports, according to a report by McKinsey.
IIM Calcutta summer placements see 475 students secure 546 offers from 156 companies
IIM Calcutta has completed the summer placements for its 63rd MBA batch, attaining incredible success. A remarkable 475 students have secured jobs, with consulting roles leading the way, supported by offers in finance and general management. Furthermore, numerous first-time participating companies expressed their intent to hire. This success is a testament to the institute's esteemed reputation and strong connections in the industry.
AI halves drug discovery times, but =trial bottleneck remains a costly reality
Novo Nordisk, Sanofi and Dr Reddy’s Laboratories are among the companies exploring applications ranging from drug discovery to laboratory automation and research.
AI could unlock $2.52 trillion in annual global economic value: Report
Artificial intelligence is projected to generate $2.52 trillion in annual economic value globally through automation. However, increased deployment costs could reduce this potential by around 34 percent, leading to significant financial losses. Various sectors, including financial services and education, offer considerable economic benefits from AI applications. Companies are advised to evaluate the return on investment from AI technologies before committing resources.
India’s business owners need to match the global ambitions of Korean and Chinese peers: Gautam Kumra, Chairman of McKinsey's offices in Asia
McKinsey Asia chairman Gautam Kumra discusses why owner-led businesses have outperformed professionally managed and state-owned peers, accounting for $7 trillion of the $14 trillion in market value created by Asia’s top 300 companies over 25 years. He explains the leadership traits that distinguish founders, succession challenges, AI adoption and why Indian businesses must look beyond domestic markets to build global franchises.
Sentiment muted, but India story is unchanged: McKinsey's Kumra
India's investment appeal is currently being tested as global capital flows shift towards other regions. While private capital investors see potential, sustaining growth requires policy improvements and stronger emerging industry engagement. India's growth forecast for 2026-27 has been increased, indicating positive long-term expectations. The country must address structural disadvantages to enhance its competitiveness on the global stage.
Meet Dennis Woodside, who began his career as M&A lawyer in 1990s; decades later, he became CEO of Freshworks after leadership roles at Google and Dropbox
Woodside went to Cornell University and studied industrial relations. Later, he earned a law degree from Stanford Law School. He started his professional career as an M&A lawyer in the 1990s. He later moved into management consulting at McKinsey & Company. He joined Google in 2003. There, he spent more than a decade in sales and strategy leadership roles.
GDHS 2026 to focus on implementing AI action
Scheduled for 20-21 November 2026, the Global Digital Health Summit will take place in New Delhi, highlighting the role of artificial intelligence in healthcare. A key feature, The CORTEX Test, will evaluate decision-making from AI, doctors, and collaborative methods.
GreatWhite brothers settle dispute as Mehul Shah’s family buys Hemang’s 50% stake
The ownership dispute at GreatWhite Global Pvt. Ltd. has concluded with a stake acquisition by Mehul Shah's family. Hemang Shah's family received approximately Rs 862 crore for their 50% share. This acquisition marks the end of a 15-year partnership between the two brothers. Disputes over management escalated into legal challenges before this resolution. The company is now under single ownership and continues to report significant revenues.
AI needs $760 billion in annual profit to justify $7 trillion infra investment by 2030: McKinsey
While new AI businesses, products and services will contribute to returns, a significant share of the value will need to come from companies redesigning their work processes and improving productivity.
From lifespan to healthspan: How Abu Dhabi and India can make prevention practical
New modelling suggests that eliminating modifiable health risks could add 12 years to healthy life expectancy at birth by 2050. Realising even part of this potential will require making prevention part of everyday life.
ISB programme explores AI’s growing role in the future of digital finance
The Executive Programme in Fintech and AI at ISB is crafted to equip finance professionals with cutting-edge skills in financial services. Spanning 32 weeks, this program offers live online sessions alongside engaging experiential learning. Participants will delve into real-world applications of fintech, artificial intelligence, and blockchain. Tailored for senior finance leaders, this course seeks to enhance strategic decision-making. Applications for the next cohort are now open, creating valuable networking opportunities.
Sri Lanka suffers nationwide electricity blackout
Sri Lanka suffered a nationwide electricity blackout on Saturday after the national grid tripped, possibly because solar power generation exceeded consumption, officials said. The entire grid shut down in February 2025, when solar power generation exceeded consumption on a bright, sunny Sunday.
Rising household costs undermine economic mobility, push Americans to delay major life decisions: McKinsey
Rising living costs are a significant barrier to economic mobility impacting many Americans' financial security and aspirations. About 60 percent of Americans identify affordability pressures, especially food and grocery expenses, as major obstacles. Younger adults prioritize careers and mental health, while parents focus on their children's opportunities. Many individuals connected to their communities feel more in control of their future.
How meaningful business conversations connect brands with the right decision-makers
In a changing business environment, reaching the right decision-makers takes more than visibility. The right platforms can help brands share expertise, build industry relationships and explore new business opportunities.
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