Metaverse. Web3. Crypto. 5G.
These are just a few of the technologies grabbing headlines at the start of 2022. But what technology trends truly sit atop business agendas this year? Which might be under executives’ radars but should be surfaced? And what should business leaders keep in mind as they consider these trends?
We asked some members of the McKinsey Technology Council, a group of global experts convened to assess, track, and debate real emerging trends in business and technology, for their perspectives on these questions. Specifically, we asked the following:
Their answers might surprise you. While some leaders keyed in on bleeding-edge technologies such as quantum computing, others focused on bringing more rigor and operationalization to technologies that have been around for several years, such as machine learning. And their advice to business leaders often indicates that some age-old issues, such as breaking down organizational silos and reskilling the workforce, remain pertinent.
Explore their responses and share those that most resonate with you—we’ve made it easy to share each one individually. READ MORE
Why hasn’t artificial intelligence fully transformed supply chains? Several years ago, some of us predicted that AI-powered automation would lead to “the death of supply chain management.” However, despite heavy investments, companies have not realized the vision of AI-managed supply chains.
According to our survey, only 22% of workers globally rank compensation as the thing that matters most to them in a job. This isn’t to say that people will accept a job without fair pay: Compensation still ranks higher than all other job attributes. But it’s evident that a coin-operated view of workers, where firm leaders see employment as a purely financial transaction, underestimates the deeper human motivations for work.
In November 2019 Stanford Health Care moved into a new hospital building. With seven stories and 824,000 square feet, the hospital required over a decade and two billion dollars to plan and construct. Most descriptions of the hospital focus on the airy private patient rooms or the state-of-the-art operating rooms, but one of the most technologically sophisticated aspects of the building is found in the basement.