Business & Work - 2008

Using 'power curves' to assess industry dynamics
Scanned by: GavinChua over 9 years ago
Kudos to McKinsey for deriving new approaches to diagnose and hopefully treat the financial contagion -- "Major crises and downturns often produce shakeouts that redefine industry structures. However, these crises do not fundamentally change an underlying structural trend: the increasing inequality in the size and performance of large companies. Indeed, a financial crisis—for example, the one that erupted in 2008—is likely to accelerate this intriguing long-term tendency."
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Type: Research  |  Also: |
financial, crisis, industry, structure, megainstitutions

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