TFTF | Oct 30, 2020


The fortnight thus far

Reports & resources we loved in the last 15 days, once every 15 days.


Issue #42


Oct 30, 2020

1

Global Economics Intelligence Executive Summary

The global purchasing managers’ indexes (PMIs) for manufacturing and services returned to growth in August (from 51.8% to 51.9%), this indicates forthcoming expansions in major economies. With improvements in monthly data, global trade shows clearly recovery. Know more.

[ McKinsey & Co. > Full report here:

https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/global-economics-intelligence-executive-summary-september-2020#:~:text=McKinsey's%20Global%20Economics%20Intelligence%20(GEI,latest%20national%20and%20regional%20developments. ]

2

How China’s Urban Millennials and GenZ Live and Spend

China’s m-commerce has grown at 65% CAGR over the last 5 years and witnessed $ 1 Tn in transactions in 2019 alone, that is 45% of global m-commerce transactions. Convenience is the key driver for sales, China has sold 5.4 Mn robotic vacuum cleaners that is combined sales of Europe and US. What are the other trends that can soon catch up in other emerging economies?

[ Euromonitor > Full report here:

https://go.euromonitor.com/white-paper-digitalconsumer-201013-How_Chinas_urban_Millennials_and_Gen_Z_Live_and_Spend.html ]

3

If Transformation is a Journey, how can Your Board Ensure Everyone’s with You?

79% of finance leaders at large organisations says investors want deeper insights into company’s culture, but only 37% report quantifiable KPI on culture. Boards must focus on long term value, culture and talent to drive transformation. So, how does one go about it?

[ EY > Full report here :

https://www.ey.com/en_gl/board-matters/covid-19-three-ways-boards-can-help-create-systemic-change ]

4

Lets’ Play 2020

The worldwide esports audience grew by 12% to 443 Mn in a year and Europe is considered as the hotspot for esports globally. YouTube (85%) and Facebook (37%) are the top 2 channels used to view esports. 60% of the esports companies have witnessed a revenue growth over 20%. Know more.

[ Deloitte > Full report here:

https://www2.deloitte.com/content/dam/insights/us/articles/emea63568-lets-play-2020/DI_Lets-Play-2020.pdf ]

5

The End of Bureaucracy, Again?

As organisations are moving towards new organisational paradigm due to rise in uncertainty and dynamism which makes learning, resilience, adaptiveness, and innovation a high priority, is bureaucracy’s dominance here to stay? or Should leaders move from static hierarchy to a continuously evolving model?

[ BCG > Full report here:

https://www.bcg.com/en-in/publications/2020/changing-business-environment-pushing-end-to-bureaucracy ]

6

How to Develop Your Leadership Style

A great leadership style can make people appear more competent than they truly are, and a poor style can drag down a superior skill set. So, how can aspiring executives improve their leadership style? How can they build a style that can complement their personality?

[ Harvard Business Review > Full report here:

https://hbr.org/2020/11/how-to-develop-your-leadership-style ]

Every article here has had 100s of hours of effort that have gone into making this relevant, insightful and concise. Due credit and thanks to all these professionals and organizations who toiled to put together these insights, of such high quality, for the use of businesses across the world.