McKinsey India

Ready to take #AI to the next level? As teams advance their gen AI skill sets, they can move from centralised to decentralised models, letting each domain create its own custom tools?? Discover how this shift is leading to faster #innovation and more tailored solutions: https://mck.co/4g2aY2n #McKinsey

E-commerce is changing fast, with tech innovations reshaping how we buy and sell. While #generativeAI claims the spotlight, the real shift is in how every part of e-commerce is becoming more connected. The result? Greater productivity, better #customerexperiences, and higher profits. Explore how your team can thrive in this evolving landscape: https://mck.co/3O0MQBg #McKinsey

What does it take to drive real transformation? It all starts with strong teams. Discover how to turn bold ideas into game-changing results. ?? mck.co/3zDJ4Kh #McKinsey #CapabilityBuilding

Alok Kshirsagar, Senior Partner at McKinsey & Company, moderated a highly engaging panel discussion at the recent FICCI Annual General Meeting (AGM) focused on 'Make in India,' an initiative aimed at transforming India into a global #manufacturing powerhouse. The panel comprised Shri Kamran Rizvi, Secretary, Ministry of Heavy Industries; Shri Amardeep Singh Bhatia, Secretary, Department for Promotion of Industry and Internal Trade; Anant Goenka, Vice President, FICCI and Vice Chairman, RPG Group; Manish Sharma, Chair, FICCI Committee on Electronics and White Goods Manufacturing and Chairman, Panasonic Life Solutions India & South Asia; and Sulajja Firodia Motwani, Chair, FICCI Maharashtra State Council; Chair, FICCI Committee on Electric Vehicles and Founder & CEO, KINETIC GREEN ENERGY AND POWER SOLUTIONS LIMITED. These esteemed speakers shared their invaluable perspectives on the progress and future outlook of this program. The insights shared will undoubtedly play a crucial role in shaping the future of India's manufacturing landscape. #McKinsey

Highlights from #Samvaad2024 ?? Shri Nandan Nilekani unveiled Sahamati's latest report, 'Open Finance: From Inclusion to Empowerment of MSMEs’ . McKinsey India were the knowledge partners. This insightful report highlights how Open Finance is set to transform MSMEs, driving inclusion and fueling their growth story. ?? The full report would be available on our website soon! #OpenFinance #MSMEs #Samvaad2024 #FinancialEmpowerment Manu Balakrishnan , Anurag Chadha , Peeyush Dalmia , Roopika Maniktala , Shalini Gupta

It was a pleasure to host leaders of India's insurance industry, along with McKinsey's Peeyush Dalmia, Akash Lal, Bernhard Kotanko, Abhilash Sridharan, and Abhishi Bhatia, at our inaugural India Insurance Roundtable. The discussions centered around driving the next phase of value creation in Indian insurance and comparing it with global peers. With the Indian insurance industry on the cusp of an insurance penetration S-curve, it was imperative to address the challenges to growth and profitability in order to plan and future-proof the industry. Topics included expanding the product suite with customer-centric innovations, strengthening and expanding distribution channels, enhancing customer experience across the insurance lifecycle and boosting profitability. The conference provided a valuable opportunity for industry leaders to share their experiences and insights on strategies to drive growth. #Insurance #IndiaInsurance #McKinsey

Swati Sengar, Partner at McKinsey, moderated a dynamic CEO panel at FICCI's Women in the Workplace Summit and Awards. The panel, featuring leaders like Dr. Sangita Reddy from Apollo Hospitals, Anant Goenka from FICCI, Sulajja Firodia Motwani from Kinetic Green, Shradha Suri Marwah from Subros Ltd, and Ruchi Kalra from OFB Tech. The discussion focused on tackling the critical issue of women's underrepresentation in the formal workforce. Key insights emerging from the panel: - An inflection point emerges for women in the workforce:?Emergence of new skills in high demand fields like electric vehicles, robotics in medicine, and software development are turning the tide, with organizations prioritizing skills over gender - Shifting social fabric:?While progress has been made, it still has ways to go. Women often need ambitions beyond financial freedom to stay in the workforce. - Organizations are stepping up:?The private sector is reinvesting in leadership development by partnering with premier institutions - providing mentorship programs for women re-entering the workforce, providing essential care support, and actively challenging biases in hiring. - Conscious leadership:?CEOs as “conscious leaders” are pivotal on this journey to parity - they listen actively, role model, and drive meaningful change. A collective and conscious effort is needed on the path to parity and in unlocking the full potential of women talent in the workforce. #DiversityAndInclusion #WomenInTheWorkplace #WomenInLeadership

The global #energytransition is evolving, marked by rising costs, complexity, and increased technology challenges. Get up to speed with our latest #Global Energy Perspective. #BeyondWhy #McKinsey

"By recognizing the unique challenges Indian women face and understanding the true starting position of your own organization, you can bridge the representation gap and unlock the full potential of your talent.”, says Vivek Pandit, McKinsey Senior Partner at the FICCI Women in Workforce Summit and Awards. At the event, McKinsey & Company shared a preview of their upcoming 'Women in the Workplace' report. Set to be published in January 2025, this comprehensive study examines women's representation across the formal workforces of India, Kenya, and Nigeria. It highlights both the progress made and the significant gaps that still need to be addressed, aiming to fill a critical data gap in our understanding of women's representation in these crucial emerging markets. Watch this space for more updates. #DiversityAndInclusion #WomenInTheWorkplace #WomenInLeadership

"While current growth indicators are promising, the insurance industry has not seen a marked improvement in productivity. Achieving long-term success requires a fundamental transformation in how insurance products are designed, distributed, and serviced," says Peeyush Dalmia, Senior Partner at McKinsey & Company, in The Hindu businessline article ??https://lnkd.in/g5WrCyUX As the industry reaches an inflection point, insurance companies that successfully implement these changes while maintaining a focus on profitability could be well-positioned to capture the significant growth opportunities ahead. Read our report to learn more: https://lnkd.in/eYuMSgAU #Insurance #InsuranceIndustry #Growth #McKinsey