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Creating a modernized defense technology frontier

The defense ecosystem today is at a critical junction, ripe with opportunity for private capital, the traditional defense industrial base (DIB), and other commercial players such as hyperscalers to take critical roles in leading disruption within the innovation pipeline. Yet the window to reorient how public and private organizations invest to meet the challenges facing Western security is limited, with the coming decade being the most critical. That’s because increasing…

  • Post category:McKinsey & Company
  • Reading time:14 mins read
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How Does the Gaza Redevelopment Plan Tie into Maritime Politics?

President Donald Trump has made some intriguing headlines pointing towards the potential plan of the United States of America to take over the Gaza Strip, aiming to transform it into the “Riviera of the Middle East”. This plan involves relocating the Palestinian population, a move widely criticised as ethnic cleansing and a violation of international law. While the official statements and narratives speak of redevelopment and reconstruction, one can’t help…

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How top performers use innovation to grow within and beyond the core

Innovation and growth are inherently linked. Companies that build new businesses and develop new offerings, processes, or business models are better able to capture growth opportunities and hedge against disruption in a highly uncertain business environment. This conclusion was forcefully reinforced in our recent survey of 1,039 companies around the world. The largest share of respondents identified the ability to innovate as the most important strategic factor for generating growth over…

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  • Reading time:6 mins read
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A Better Way to Compare Yourself to Colleagues

Depending how it’s done, comparing oneself to colleagues can be either motivating or demoralizing. Consider these tips on making productive comparisons. Michael Matthews, Thomas Kelemen, and Mark Bolino February 12, 2025 Reading Time: 5 min  Carolyn Geason-Beissel/MIT SMR | Getty Images As social animals, we constantly compare ourselves with other people. We compare our houses, our ideas, our successes. Naturally, the workplace is no exception to this pattern, and emerging…

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Taste the Rainbow of Sanctions – Cannabis Company Violates Skittles Permanent Injunction

What happens when a party attempts to sidestep the strict guidelines of a court order?  A cannabis company’s non-compliance with an injunction illuminates the consequences of playing with fire.  Wm. Wrigley Jr. Company v. Terphogz, LLC U.S. District Court for the Northern District of Illinois, Case: 1:21-cv-02357.  In 2021, Wm. Wrigley Jr. Company (“Wrigley”) filed a lawsuit against Terphogz, LLC (“Terphogz”), alleging trademark infringement.  Terphogz had been using the ZKITTLEZ…

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Ramadan Starts Soon: Considerations for Employers

Quick Hits Employers may need to provide religious accommodations to Muslim workers during the month of Ramadan. Ramadan will begin on the evening of February 28, 2025, or March 1, 2025, depending on the moon. Ramadan will end on the evening of March 29, 2025, or March 30, 2025, with the Eid al-Fitr holiday to begin the following day. Ramadan is expected to begin on the evening of February 28,…

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Fear not the black box: How responsible AI adoption can drive innovation and productivity

AI arms races. The Stargate Project. Billions of dollars of investment. Current headlines about artificial intelligence read like science fiction. But these rapid technological developments (along with significant amounts of hype) are very real, and can be anxiety-inducing for lawyers and in-house counsel trying to understand how AI — and particularly generative AI (GenAI) — will affect their clients, employees, and bottom line. It is critical for organizations to keep…

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Prioritise vaccine boosters for vulnerable immunocompromised patients, say scientists

The findings, published today in Science Advances, suggest that such individuals will need regular vaccine boosters to protect them and reduce the risk of infections that could be severe and also lead to new ‘variants of concern’ emerging.Almost 16 million people worldwide are estimated to have died from Covid-19 during 2020 and 2021, though nearly 20 million deaths are thought to have been prevented as a result of the rapid…

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How banks’ core technology might benefit from an ‘omnistack’

Core technology remains a huge challenge for the banking industry, with a majority of financial institutions still running on mainframe-based systems because switching to other options is such a monumental task. In this episode of Talking Banking Matters, McKinsey payments sector expert Roshan Varadarajan speaks with one of the entrepreneurial technologists who seek to solve this challenge, Zeta cofounder and CEO Bhavin Turakhia. Zeta offers a broad array of banking…

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  • Reading time:14 mins read
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Inspiring Sheldonian Series continues to celebrate intellectual curiosity and diversity of thought

‘Are we alone in the universe?’ and ‘What does it mean to be human?’ were among the questions explored when another large audience of staff, students and alumni gathered at the Sheldonian Theatre to enjoy the University’s second Sheldonian Series event on Tuesday 11 February.Launched in Michaelmas and convened by the Vice-Chancellor, the Sheldonian Series continued on the topic of ‘Life’, with three guest speakers delivering presentations examining the theme from…

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Cambridge signs sustainable research agreement

Developed collaboratively by representatives from across the UK’s research and innovation sector, including universities, research institutes and funding organisations, the Concordat is a commitment and shared ambition to embed environmental sustainability in research practice, culture, and approach throughout the signed organisations, and collectively as a sector. "Not only is the Concordat a very welcome initiative to bring the sector together and address the environmental impacts of research and innovation activities, which…

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Signs You Can’t Ignore If You’re Doing Business In California

California Employers, Watch For Sharp Turns Ahead If you operate a business in California, you know how difficult it is to keep up with ever-changing legal trends. California employers should review and refresh their workplace postings each year to keep up with legislative changes and annual minimum wage increases. Various California state agencies, including the Department of Industrial Relations (“DIR”), Civil Rights Department, Cal/OSHA, and local municipalities require employers to…

  • Post category:Seyfarth Shaw LLP
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Keeping Cool: Understanding Nevada OSHA’s Heat Illness Prevention Guidance

Quick Hits Nevada OSHA has introduced a new regulation to protect employees from heat illness, with enforcement starting on April 29, 2025. The heat illness regulation requires Nevada employers with more than ten employees to create a written safety program and conduct a job hazard analysis (JHA). Employers are required to provide training on heat illness prevention, provide rest breaks, ensure access to potable water, and designate a person to…

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Leading the way to a safer internet together

Celebrate Safer Internet Day 2025 with Minecraft’s CyberSafe AI: Dig Deeper. Promote online safety and practice responsible AI use with your class. Each year, Safer Internet Day unites people around the world to spotlight critical topics like cyberbullying, social networking, and digital identity. The need for cyber safety education and empowerment remains as important as ever. According to a November 2023 survey by the National 4-H Council supported by Microsoft,…

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Is Your Board Stuck in the Wrong Gear?

Companies like WeWork have experienced this shift. During periods of rapid growth and expansion, the board likely took a more passive approach, trusting former CEO Adam Neumann’s vision and strategies. However, as the company faced challenges and scrutiny, the board became more active, intervening in decision-making and even replacing the CEO.Likewise, during the Covid-19 pandemic, we found that passive engagement mode decreased from nearly 50 percent to around 35 percent. Passive boards…

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Majority support moderation on social media platforms, global survey shows

The global debate on whether and how social media content should be regulated has flared up again in recent months. Citing freedom of expression, the platform operators X and Meta have relaxed regulations intended to restrict discriminatory statements. Meanwhile, Australia has banned social media access for children under 16.There is a widespread perception that negativity is inherent in social media.Spyros Kosmidis, Associate Professor of Politics at the Department of Politics…

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Russia’s Asian Pivot – A New Angle for Foreign Diplomacy

Malaysia needs to look beyond the differences and uncertainties which characterise international conflict instead of seeing them as a negative aspect, and seize opportunities to establish global balance in this multipolar world, Abdul Haziq Kongid writes. Malaysia’s role as the ASEAN Chair in 2025 marks a pivotal moment for the region. By prioritising inclusivity, sustainability, economic diversification, and balanced leadership, Malaysia has the opportunity to guide ASEAN toward greater stability, resilience, and meaningful cooperation. As Chair, Malaysia’s top priority should be fostering unity…

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Our Approach to Frontier AI

Our Open Source Approach Open source AI has the potential to unlock unprecedented technological progress. It levels the playing field, giving people access to powerful and often expensive technology for free, which enables competition and innovation that produce tools that benefit individuals, society and the economy. Open sourcing AI is not optional; it is essential for cementing America’s position as a leader in technological innovation, economic growth and national security.…

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Break Down Silos for Visibility Into Enterprise Risk

Frontiers Risk management in many organizations is hampered by disparate teams that don’t collaborate or share technology. Richard Chambers February 11, 2025 Reading Time: 8 min  Topics Frontiers An MIT SMR initiative exploring how technology is reshaping the practice of management. More in this series A. Richard Allen/theispot.com Companies today must manage an increasingly complex array of risks, including cybersecurity threats, the impact of geopolitical tensions and major weather events…

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Navigating Permanent Establishment Risks in Cross-Border Employment

Quick Hits Tax connections: Establishing a PE can result in the obligation to file corporate taxes abroad. Local registration: Although PE is primarily a tax concept, it may coincide with requirements to register with local business authorities as a foreign entity conducting business in the country. Understanding ‘Permanent Establishment’ A company’s business activities may create a significant economic presence that could trigger tax liability abroad. Usually, tax authorities look for…

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Everything is now related…

Tantalum, tungsten, tin and gold have long been classed as “conflict minerals”1. But they are an even greater source of conflict now that everyone knows the climate and technology transitions are impossible without them. Simply put, they are the foundation stone of promises of growth, and therefore a major political priority: according to Guillaume Stechmann, we are now in the era of “metalpolitik”2. As for those countries that compete to…

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  • Reading time:8 mins read
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Pioneering real-time translation tech saves charity rowers

Row4Ukraine is a charity awareness-driving mission designed to highlight the human cost of the war in Ukraine and raise funds for the rehabilitation of Ukrainian service personnel. The team comprised injured servicemen from the UK and Ukraine, working together to row 3,000 miles from Gran Canaria to Barbados in less than six weeks. As the British and Ukrainian crew members did not share a common language, effective communication was a…

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Research reveals striking variations in pandemic recovery among U.S. school districts

A new report by researchers at Stanford and Harvard finds that while the average U.S. student still lags behind pre-pandemic achievement levels in reading and math, students in a number of school districts across the country have regained the ground they lost in both subjects.The analysis, which provides exclusive data on district-level changes in student achievement from 2019 to 2024, identifies 102 medium and large districts now performing above pre-pandemic…

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Why a more competitive economy matters for monetary policy

11 February 2025By Marinela-Daniela Filip, Daphne Momferatou and Susana Parraga-Rodriguez At the heart of the euro area’s competitiveness challenges lies weak productivity growth. The ECB Blog looks at how this makes it more difficult to carry out monetary policy. While companies in the euro area are getting more productive, they are doing so at a much slower pace than their competitors. Weak productivity growth is putting monetary policy in a…

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DEI at Stake: Federal Groups Challenge Trump’s Efforts to Curb Inclusivity

Quick Hits A coalition of DEI advocates has initiated a legal challenge against President Trump’s executive orders to eliminate diversity, equity, and inclusion programs, claiming they are unconstitutional and infringe on free speech rights. The lawsuit argues that the vague language of the executive orders creates uncertainty that could lead to discriminatory enforcement against those promoting lawful DEI efforts. The U.S. Office of Personnel Management has provided guidance to federal…

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Oxford Martin School epilepsy programme launches innovative research centre

Researchers from academic institutions in Africa, South America, the United States, and Europe congregated to celebrate the launch and demonstrate their commitment to global epilepsy research and care.Based at Wolfson College within the University of Oxford, and generously supported by the BAND Foundation, the Centre for Global Epilepsy will address the global burden of epilepsy, particularly in resource-limited settings. The centre collaborates with key research institutions and epilepsy clinics worldwide,…

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Investing in housing: Unlocking economic mobility for Black families and all Americans

At a glance Quality, affordable housing is out of reach for far too many Americans. This issue touches rural and urban households, young and old, poor and middle class, and households across racial groups. Housing, and where that housing is located, matters a lot. Housing significantly determines access to employment, education, public and social services, and critical amenities that help families achieve economic mobility. The housing crisis is a national…

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BRICS’ Inclusive Rise and Misplaced Apprehension of the West

At a time when a group of countries relying on an aggressive and expansionist military alliance is pushing humanity towards unbearable destruction, the BRICS nations are striving to ensure a more just, democratic and participatory world order with а vision of delivering everyone general peace and security, shared benefits, and long-lasting stability, writes Pramod Rai, Research Fellow at the Centre for Central Eurasian Studies, University of Mumbai. The decades-long domination…

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The looming advisor shortage in US wealth management

Following several years of economic crosscurrents and fluctuating performance, the US wealth management industry is entering 2025 from a position of strength, with solid fundamentals in place. Demand for its services continues to grow as Americans become wealthier and their needs become more complex—for example, because of greater reliance on personal savings for retirement than in prior generations and the proliferation of sophisticated financial products to maximize wealth accumulation and…

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The Case for Lean Cybersecurity Leadership

Frontiers Research Highlight More complex hierarchies can lead to overconfidence that exacerbates risk. Andrew Flostrand, Andrew Park, Dionysios Demetis, Jan Kietzmann, Leyland Pitt, and Ian McCarthy February 10, 2025 Reading Time: 7 min  Topics Frontiers An MIT SMR initiative exploring how technology is reshaping the practice of management. More in this series Matt Lyon/Ikon Images Few would expect that adding resources to a critical operational area could compromise its effectiveness.…

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Acing a career in tech: Innovative program cuts through stereotypes

Hassan recalls telling her that he needed six months to learn how to run a tech-training company on the model that she was proposing and to wind down his other businesses. And she said he would need to have his first paying customer within that same six months. Hassan, his brother and their friend Salad built a network, took trainings and made connections with companies, eventually including Microsoft, which became…

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What Investors Are Missing about Pfizer and Merck

This essay originally appeared in Fortune. With relevance to current life science companies, the ancient Greek physician Hippocrates, often labelled “the father of modern medicine,” advised almost 3,000 years ago “healing is a matter of time, but it is sometimes also a matter of opportunity.” That counsel rings especially true for a pair of ostensibly beleaguered drugmakers, Pfizer and Merck, both of whose stocks have been battered this week despite…

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Beyond Tickets: How Plain is Transforming B2B Customer Support

B2B customer support today is fragmented and inefficient. Sending an email about a technical issue often feels like tossing a message into the void. Chatbots promise real-time responses but force users out of their workflows, while support teams are overloaded by their inflexible ticketing systems, making it difficult for them to provide a seamless, high-quality customer experience. At the same time, over the last decade, workplace communication has undergone a…

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Procuring AI Technology: Vendor Contracts

Artificial intelligence (AI) is becoming an essential tool for businesses, offering automation, improved decision-making, and efficiency gains. However, acquiring AI solutions is different from purchasing traditional software. AI systems evolve, require vast amounts of data, and introduce unique risks, including regulatory compliance, liability concerns, and data protection challenges. Businesses in Europe and Switzerland must carefully assess vendor contracts to ensure they are not exposed to unnecessary legal and operational risks.…

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New York’s Paid Prenatal Leave: What NYC Employers Need to Know About the DCWP’s Proposed Amendments to the ESSTA Rules

Quick Hits New York State’s paid prenatal leave law, which went into effect on January 1, 2025, requires that employers provide employees twenty hours of paid leave per year to receive prenatal care. The NYSDOL recently released new guidance in the form of answers to frequently asked questions (FAQs) to assist employers in understanding and implementing the new requirements under the Paid Prenatal Leave Law. In part, the DCWP’s proposed…

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Staying comfortable and current: CIRO continuing education rule proposals

Late in December, the Canadian Investment Regulatory Organization (CIRO) proposed the first set of changes to its continuing education (CE) programs. In Phase 1 of the changes, CIRO has focused on proposed rule amendments determined to have minimal impact on firms and their approved persons. These changes are proposed for the CE cycle starting Jan. 1, 2026. Phase 2 will involve rule amendments expected to have significant operational and IT…

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Government of Canada announces deferral in implementing increase to capital gains inclusion rate to Jan. 1, 2026

In response to increasing criticism in connection with capital gains tax increases announced in Federal Budget 2024 (effective Jun. 25, 2024), but never enacted into law, the Federal Government announced today that it is deferring the date on which the capital gains inclusion rate would increase to Jan. 1, 2026 (the Deferral Announcement). As a result of the Deferral Announcement, the date on which the capital gains inclusion rate would…

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Study suggests physicians make better decisions with help of AI chatbots

Artificial intelligence-powered chatbots are getting pretty good at diagnosing some diseases, but how do chatbots do when the questions are less black-and-white? For example, how long before surgery should a patient stop taking prescribed blood thinners? Should a patient’s treatment protocol change if they’ve had adverse reactions to similar drugs in the past? These sorts of questions don’t have a textbook right or wrong answer – it’s up to physicians…

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Countdown to Chaos? The 540-Day EAD Extension in Legislative Crosshairs

If you have been following immigration news and are wondering how changes in Washington might affect your workforce, you are not alone. Senate Joint Resolution 8 (S.J. Res. 8) in the 119th Congress aims to undo a USCIS regulation that grants certain eligible applicants a 540-day automatic extension of their Employment Authorization Document (EAD). The 540- day EAD extension will continue to be in effect until the resolution is finalized…

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California Civil Rights Department Releases 2025 Pay Data Reporting Guidance—Adding New Race/Ethnicity Category

Quick Hits California’s updated guidance adds a new racial/ethnicity category for the 2024 reports—”Middle Eastern or North African” (MENA). The deadline for filing the 2024 California pay reports is May 14, 2025, and the platform opened for new filings on February 3, 2025. California requires covered employers to file payroll employee reports for their own employees and requires covered employers to file labor contractor employee reports for their labor contractor…

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