Harvard Business

OCTOBER 17, 2018

It took more than 30 years for electricity to diffuse and enable industrial plant design that could generate significant productivity growth. In comparison, absorption of AI might reach today’s level of digital absorption by 2027—in roughly ten years. Our simulation suggests that it may reach 70% by 2035.

Cash Flow 35

Cash Flow McKinsey Retail Survey 35

Harvard Business

APRIL 26, 2017

Recent analysis by Bain and SAP found that only 7% of bank credit products could be handled digitally from end to end. By comparison, online lenders face capital costs that can be higher than 10%, sourced from potentially fickle institutional investors like hedge funds. Other sectors of retail lending have not fared much better.

Banking 39

Banking Small Business Oliver Wyman Retail 39

Harvard Business

NOVEMBER 20, 2017

Instead of formulating detailed, long-term financial plans, executives at Dell now align around a common performance ambition—a cash flow vector consistent with growing the company’s intrinsic value faster than competitors. Webvan was forced to cease operations by 2001.

Strategy 28

Strategy Strategy Strategy& Company 28