Alexandros TSIGARIDAS’ Post

Mactur passionately underscores the potential of 18 groundbreaking industries to transform the global economy, paving the way for exciting innovations and unprecedented growth. In the next 15 years, McKinsey & Company’s Kweilin Ellingrud and coauthors predict that 18 areas of competition could generate $29 trillion to $48 trillion in revenues by 2040. A recent McKinsey Global Institute (MGI) report explores these potential arenas and their growth sources, which include [specific growth sources]. This report provides invaluable insights that can enhance productivity, harness business strengths, and navigate current technological trends. By reading this report, you will be well-informed and knowledgeable about these critical aspects of the economy. _______ Follow our thinking to stay informed and make better business decisions. Thank you for choosing my content curation; I hope you find it insightful and enjoyable. At a glance:   At Mactur, we offer advisory services for corporate turnarounds, including operationalising restructurings and enterprise-wide transformations. Our expertise in these intricate processes can give you the confidence and reassurance you need to navigate these challenges. At CORTMA, we apply an entrepreneurial ecosystem-based approach to facilitate the lower mid-market (MSME) business transfer. This approach involves creating a supportive environment for business growth, fostering collaboration, and providing resources for the transfer process. ______ #Management #Entrepreneurship #Economy #Productivity #Data #Technology #Leadership #Directorship #businessContinuity #Ecommerce #EU #AI #AGI #BusinessTransformation

As we near the start of 2025, check out this McKinsey report to best position yourself for the future. Identify potential new business opportunities, stay ahead of market trends, develop innovative products and services, adapt to changing consumer needs, and even potentially create a new career path with significant growth potential! "Understanding potential arenas is relevant for entrepreneurs and incumbent companies that want to compete directly in arenas, other companies that would be affected by the emergence of arenas, as well as investors looking to allocate capital to these industries, along with people seeking jobs in the winning industries of the coming decades, and policy makers interested in how and where these industries affect their nations."

Arenas are industries that transform the business landscape. Eighteen future arenas could reshape the global economy and generate $29 trillion to $48 trillion in revenues by 2040. #future #competition #futurecasting #foresight #strategy #growth #diversification #innovation

#McKinsey #globaleconomy #businessrevenues "Arenas are industries that transform the business landscape. Eighteen future arenas could reshape the global economy and generate $29 trillion to $48 trillion in revenues by 2040."

Arenas are industries that transform the business landscape. In this study from McKinsey Global Institute we have identified 18 future arenas that could reshape the global economy and generate $29 trillion to $48 trillion in revenues by 2040.

This article highlights the transformative power of emerging industries in the global economy. The need for innovation, investment, and skill reevaluation is clear. Embracing these changes is essential for sustainable growth and competitiveness. Exciting times ahead! #innovation #Economicgrowth #investmentstrategy #futurearenas

Arenas are industries that transform the business landscape. Eighteen future arenas could reshape the global economy and generate $29 trillion to $48 trillion in revenues by 2040

🌍 Emerging arenas are set to revolutionize the global economy. **18 future arenas** could generate $29 trillion to $48 trillion in revenues by 2040. Dive into the insights here: https://mck.co/48h3dTJ #FutureOfBusiness #EconomicTransformation #Innovation

"The World's top businesses do these 4 things to thrive in turbulent times" In the dynamic landscape of business, CEOs are constantly challenged with the task of sustaining or accelerating their company’s growth. This imperative extends beyond mere profitability; it encompasses long-term value creation for shareholders, fostering opportunities for employees, and contributing to the communities in which they operate. However, achieving sustainable growth in today's competitive environment is fraught with challenges and complexities. Are the Indian business leaders taking a cue from it? 1. Embrace New Business Models: 63% of CEO's anticipate significant changes in their business models due to disruptive forces and are four times more likely to foresee a total business model overhaul. 2. Invest in Workforce Development: Prioritize leadership development, networking, and professional growth opportunities. Commit to investing in training and skill development, leveraging technology. 3. Make Data-Driven Decisions: Utilize data extensively in sales, customer experience, operations, and supply chain management. Over half of executives fully exploit data advantages, outperforming slower-growing competitors. 4. Act with Urgency: Prioritize execution and follow-through in response to disruption.Value energy and willpower as critical personal strengths for navigating challenges effectively. Reference : World Economic Forum. (2024, April). To Grow in Turbulent Times, the World's Most Successful Businesses Do These 4 Things. Retrieved from https://lnkd.in/gdqQGcQc

McKinsey's new report highlights 18 industries they think will have the fastest growth rate. Should you care? They call them arenas. Arenas are industries with "high growth and high dynamism. Due to their growth, they capture an outsize share of the economy’s overall expansion; in terms of dynamism, market share within them changes hands to an outsize degree." So who are you? You are a leader at a company that has a history of success in a given market and has earned that history through a better product, better execution and better strategy. "But Jared, knowing the 18 arenas of the future early will allow me to pivot my business. A rising tide lifts all boats." That adage is only true in some industries. In other, a rising tide lifts one boat because of their ability to accrue monopoly power through IP protections, predatory pricing or regulatory advantage. The real opportunity isn't chasing high-growth arenas - it's understanding how your company's core capabilities can create value in a world of changing markets. This is where Strategic Renewal comes in. Rather than pivoting into hot new sectors, it helps established companies identify their fundamental capabilities and find new ways to apply them. Think of retailers who offer white label logistics. They realized their true capability, which opened up new growth opportunities in e-commerce while leveraging their existing strengths. The best companies don't chase trends. They use Strategic Renewal to: 1. Reframe their understanding of their capabilities and markets 2. Renew their strategy to capture emerging opportunities  3. Restart how they communicate their value to the world So should you care about McKinsey's arenas? Yes, but not to pivot - use them to understand how your core capabilities might create value in evolving markets. That's how established companies turn change into sustainable growth. #strategy #leadership #change #growth https://lnkd.in/gs6vTFbD