The Next Wow Factor: A Conversation with Sidney Lu, Chairman and CEO, Foxconn Interconnect Technology (FIT)
Sidney Lu, chairman and CEO of Foxconn Interconnect Technology (FIT), has overseen an eight‑fold increase in company value over four years, leading a 70,000‑employee business that provides connectors, high‑speed cables and power systems to Apple, Tesla, Nvidia and other tech giants. Lu’s leadership philosophy stresses personal accountability, hands‑on crisis management—including midnight factory shifts—and a recurring “wow factor” innovation cycle every three years. His background in U.S. engineering and a blend of Western confidence with Eastern discipline shape FIT’s culture of talent development and relentless reinvention. The interview highlights how these principles have propelled FIT’s growth within Taiwan’s expanding high‑tech supply chain.
When AI Meets Desire: Innovating Human-Centered Luxury Experiences in the Agentic Age
Luxury brands are confronting a shift as AI‑driven agentic commerce moves the point of desire upstream, with McKinsey estimating $3‑5 trillion of goods commerce could be mediated by AI agents by 2030. Consumers are already embracing the technology—85% use multipurpose AI...
Rewiring Software Delivery for the Agentic Era
Leading firms are redesigning software delivery around a 24‑hour sprint that pairs human judgment with AI agents executing overnight. By standardizing requirements, architecture, and tooling, agents can generate, test, and package code continuously, delivering three‑ to five‑fold productivity gains while...
Move First or Fall Behind: How AI Is Rewriting the Rules of Banking
McKinsey partners Ido Segev and Roberta Fusaro warn banks that AI is no longer a pilot but a strategic imperative. Rapid LLM upgrades, growing customer willingness to delegate tasks, and a push toward 20‑30 virtual agents per human employee are...
The Surprising Economics of B2B Growth: The New Survival Threshold—And What It Takes to Thrive
McKinsey’s latest research reveals that B2B companies now face a higher survival threshold than in previous cycles, driven by slower macro growth and rising cost‑to‑serve. Firms must achieve at least 8% organic revenue growth combined with a 5% EBITDA margin...
The Board’s Role in Managing Emerging AI Risks
Boards face rising pressure to oversee AI as a core enterprise risk, with a panel highlighting four priorities: stronger governance, balancing innovation and risk, real‑time risk‑management, and AI fluency. Executives stress that AI transforms decision‑making, legal exposure, and revenue, demanding...
Europe on the Move: A Conversation with Hitachi Energy’s CEO
Hitachi Energy’s CEO outlined the company’s strategy to accelerate Europe’s shift to a fully electrified grid. The firm aims to deliver €30 bn in revenue from European transmission projects by 2030, leveraging AI‑driven monitoring and new offshore wind converter technology. Partnerships...
Why It’s Even More Important to Consider Restructuring Before Spin-Offs
Companies eyeing spin‑offs are increasingly urged to tackle restructuring first, according to McKinsey. A pre‑spin restructuring can unlock hidden value, streamline operations, and reduce debt before the new entity goes public. The article outlines a four‑step framework—diagnose, design, execute, and...
From AI Table Stakes to AI Advantage: Building Competitive Moats
McKinsey argues that generic AI adoption is now a baseline, and lasting advantage comes from building AI‑driven competitive moats. It outlines six strategic moats—economies of scale, privileged data, embeddedness, network effects, business‑model disruption, and supporting capabilities—each reshaped by generative AI....
HackerOne CEO Kara Sprague on How AI Is Reshaping Cybersecurity
HackerOne CEO Kara Sprague warned that frontier AI models are expanding the attack surface and compressing the time between vulnerability discovery and exploitation to under a day. She noted a 76% year‑on‑year rise in vulnerability reports from Fortune 500 customers, while the...
CARE for Women: Investing in Care Delivery to Improve Women’s Lives and Livelihoods
The McKinsey Health Institute report finds that roughly one‑third of the women’s health gap stems from care‑delivery inequities such as underscreening, underdiagnosis and undertreatment. By standardizing screening, referral pathways and reporting, the proposed CARE framework could close this gap, averting...
For 250 Years, America Didn’t Just Invent the Future—It Built It. That Connection Is Breaking. Here’s How to Restore It
The piece reflects on America’s 250‑year legacy of not just inventing but also building the future, highlighting how that synergy between innovation and execution is now fraying. Declining manufacturing share, widening skills gaps, and misaligned policy incentives have eroded the...
Author Talks: Feeling Stuck? Turn Uncertainty Into Purpose
Arun Gupta, CEO of the NobleReach Foundation, discusses his new Wiley book, *The Mission Generation*, which reframes career uncertainty as a catalyst for purpose. He argues that traditional stability‑focused systems now pose a greater risk, urging professionals to adopt a...
Cheaper, Faster, Better: A Formula for Cleantech Scaling Success
McKinsey’s Sustainability Practice analyzed more than 11,000 cleantech firms, finding that the sector has raised over $480 billion in equity, debt and grants since 2015. In the post‑boom era (2023‑2025) annual funding averaged about $70 billion, roughly 3.8 times the pre‑boom level, while...
The End of ERP as We Know It? Five Ways AI Is Disrupting ERP
AI‑driven agents are reshaping enterprise resource planning, moving from task automation to end‑to‑end decision orchestration. Early adopters report EBIT lifts of 5% or more, while McKinsey research shows AI‑enabled ERP projects can cut implementation effort and duration by at least...