Business, Management, Marketing, Money, Tax, Law, People

Once considered toys, shared electric kickscooters (e-kickscooters) have grown up. Expanding in number from virtually nothing in 2017 to a peak of 350 million trips among global leading players in 2022, shared e-kickscooters have caught the attention of regulators worldwide. To better understand how guidance may evolve, we identified and examined the regulatory archetypes of the top 100 cities worldwide. Regulatory review of the top 100 global cities Five years…

Generative AI: It’s powerful. It’s accessible. And it’s poised to change the way we work. On this episode of the McKinsey Talks Talent podcast, talent leaders Bryan Hancock and Bill Schaninger talk with McKinsey Technology Council chair Lareina Yee and global editorial director Lucia Rahilly about the promise and pitfalls of using gen AI in HR—from recruiting to performance management to chatbot-enabled professional growth. An edited version of their discussion…

  The travel app Hopper launched in 2015, with the bulk of its initial revenue coming from airline ticket sales. A few years later, the company ramped up a travel fintech business—selling consumers algorithmically enabled financial products such as price-freezing capabilities and cancellation insurance. It has since expanded those offerings and made them available to other travel companies as a B2B service. “When we started Hopper, we thought it would…

One lesson for software companies has become abundantly clear during the last 18 months: pricing needs to be on the C-suite’s agenda. Before then, the industry had been growing so fast for over a decade that executives and investors tended not to view individual product margins as an overriding concern. Now, however, that has all changed. After years of rapid growth, the industry faces economic uncertainty, increased capital costs as…