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Report- McKinsey Global Institute
Solving the productivity puzzle
Article - McKinsey Quarterly
Is the Solow Paradox back?
Article - McKinsey Quarterly
What’s right with the US economy
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Report - McKinsey Global Institute
Solving the productivity
puzzle
Dive deeper
Dive deeper
Form new alliances
to combine technologies
in novel ways
Support your workforce, including through training programs
Consolidate customer
touch points and eliminate friction between online
and offline channels
Build digital capabilities
that flow through your
entire organization
Prepare for increased competition, and not just
from your traditional sector
How can you position your company to make the most of the coming boom? The following actions can help:
Getting yours
Article - McKinsey Quarterly
What’s right with
the US economy
Dive deeper
Dive deeper
But not everyone will take advantage
of the surge. During the last productivity boom, just six sectors accounted for
99 percent of the productivity growth.
Including you?
US labor-productivity growth, CAGR, %
Report - McKinsey Global Institute
Solving the productivity
puzzle
Dive deeper
Dive deeper
0.5
Historical
2010–16 =
2.0
Potential
2015–25 =
Solow’s paradox was resolved when productivity jumped in the 1990s,
and the same could happen again
if business innovation catches up with digital opportunities.
The leap
Article - McKinsey Quarterly
Is the Solow Paradox back?
Dive deeper
Dive deeper
The slowdown’s concurrence with the digital revolution reminds some observers of Nobel laureate Bob Solow’s famous “productivity paradox.”
Déjà vu
Report - McKinsey Global Institute
Solving the productivity
puzzle
Dive deeper
Dive deeper
Lately, productivity growth has averaged
an anemic 0.5 percent.
Sluggish
Report - McKinsey Global Institute
Solving the productivity
puzzle
Dive deeper
Dive deeper
There may be no wonkier term than “productivity.” But leaps in the productivity cycle can signal promising upswings in innovation and growth.
Beyond the wonk
The coming boom?
The global economy could be on the cusp
of a productivity boom—which might mean
big opportunities for companies.
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