Jacques Bughin is a director in McKinsey’s Brussels office, Angela Hung Byers is a consultant in McKinsey’s Seattle office, and Michael Chui is a consultant in McKinsey’s San Francisco office.
Amidst the pain of an economic downturn, comes an overlooked competitive opportunity for companies: during recessions, only major innovations pass the test of success. These are the kinds of innovations that can sweep away older business models, creating a foundation for major growth that will endure long after the downturn has passed and a New Normal has taken hold .
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The Stanford Social Innovation Review is written for and by social change leaders in the nonprofit, business, and government sectors. Sample articles of particular interest to readers of What Matters are available below.
by Ben Hecht. Living Cities is working with five US municipalities to develop an ecosystem for solving urban problems.
by Clayton M. Christensen, Shuman Talukdar, Richard Alton, and Michael B. Horn. Unless clean tech follows well-established rules of innovation and commercialization, the industry’s promise to provide sustainable sources of energy will fail.