The second-quarter slowdown has exacerbated the urgent need to improve liquidity by accelerating full exits, refreshing value-creation plans where necessary. Amid lingering volatility, PE firms can regain momentum through proactive dealmaking, clear-eyed due diligence, and a renewed focus on revenue and profit growth.
From an analysis of the McKinsey ConsumerWise Sentiment Survey and State of the Consumer Market Survey data, we have identified five behavioral forces that will shape the sector in the years ahead and four strategic imperatives to position organizations for growth.
For CEOs today, operating models may be on the agenda, but firefighting is job one. The most recent survey shows leaders heavily focused on supply chain resilience and cost cutting rather than longer-term priories such as building up AI and technology capabilities. Companies need to address structural changes.
Despite a softening labor market, hiring remains a big challenge — yet training to upskill workers has been put on the back burner, and employers are dumping the flexibility that would attract competitive candidates. Workplaces are also losing steam on touting their pay transparency, pay equity and compensation policies.
If you’re working remotely, you’re likely familiar with the nagging sense of disconnection that can occur during long days alone in your home office. For remote workers, it can lead to burnout, decreased motivation and a weakened connection to your organization. The good news? Social isolation isn’t inevitable.
