McKinsey · Ideas & Institutions
TIER 4 Fri, 9 Aug 2024 06:12:30 +0000
Emerging ideas for leaders | | | | | | | | --- | **Share this email** | | | ---|---|---|--- | ************ --- | | | | | Share this email on **LinkedIn** --- | --- | | Share this email on **X** --- | --- | | Share this email on **Facebook** --- | --- | | | | --- --- | | FOUR OF OUR BEST NEW IDEAS FOR THE C-SUITE --- | | --- | | --- | | | | | | | Curated by **Alex Panas** , global leader of industries & **Axel Karlsson** , global leader of functional practices and growth platforms --- | | | Welcome to the latest edition of the _CEO Shortlist_ , a biweekly newsletter of our best ideas for the C-suite. We appreciate the opportunity to connect and hope you find our perspectives novel and insightful. Please let us know what you think! You can reach us at alex_panas@mckinsey.com and axel_karlsson@mckinsey.com. Thank you. --- | | —Alex and Axel --- | | --- | | --- | | --- | | | We recently published the 2024 edition of McKinsey’s Technology Trends Outlook, which details the 15 most important tech trends for this year, as well as the tools and resources needed to bring these opportunities to life. Long story short: --- | | | | • --- | **Tech investments decreased by 40 percent in 2023** to about $570 billion. This is likely due to a challenging macroeconomic environment, including elevated interest rates. --- | | | | • --- | Some domains still grew, including generative AI, which **saw a sevenfold increase in investments** —and a 700 percent spike in Google searches—powered by remarkable advancements in text, image, and video generation. --- | | | | • --- | **Electrification and renewables received the most investment last year,** even more than gen AI. These investments aim to accelerate decarbonization efforts across the energy production, storage, and distribution value chain. --- | | | | • --- | **Tech job postings** **declined** by 26 percent in 2023, but we expect that trend to reverse. Today, many job candidates don’t have the high-demand tech skills employers require, but in the future they will. --- | | Get the full picture here: _McKinsey Technology Trends Outlook 2024_ , by Lareina Yee, Michael Chui, and Roger Roberts, with Mena Issler. --- | | | We hope you find these ideas inspiring and helpful. See you next time with more McKinsey ideas for the CEO and others in the C-suite. --- | | | --- | | | | | --- | **Follow our thinking** | | | | ---|---|--- | | | | | **McKinsey Insights** \- Get our latest thinking on your iPhone, iPad, or Android. --- | | | | ---|---|--- | | | --- | | **Share these insights ** --- | | **Did you enjoy this newsletter?** Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. --- | | | | This email contains information about McKinsey’s research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy. --- | | You received this email because you subscribed to The CEO Shortlist newsletter. --- | | Manage subscriptions | Unsubscribe --- | | Copyright © 2024 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007 ---