Short Technology Articles (11)

Technology ArticlesThe methods we eat vitality and produce commodities are changing. This transformation could benefit the global financial system, but useful resource producers should adapt to remain competitive.

For resource corporations, notably incumbents, navigating a future with more uncertainty and fewer sources of development would require a deal with agility. Harnessing know-how shall be essential for unlocking productivity gains however not sufficient. Companies that focus on the fundamentals—increasing throughput and driving down capital costs, spending, and labor costs—and that look for alternatives in know-how-pushed areas could have a bonus. In the new commodity panorama, incumbents and attackers will race to develop viable enterprise models, and not everyone will win.

While the adjustments facing resource producers and policy makers are likely to be complicated and numerous, the rewards of better productivity, quicker growth, and a much less resource-intense economy can profit all. The world of commodities over the previous 15 years has …

Short Technology Articles (32)

Technology ArticlesThe ways we devour vitality and produce commodities are altering. This transformation may gain advantage the global economy, but useful resource producers will have to adapt to remain competitive.

Policy makers might capture the productivity advantages of this resource revolution by embracing technological change and permitting a nation’s energy combine to shift freely, even as they address the disruptive effects of the transition on employment and demand. Resource exporters whose finances depend on resource endowments will need to discover various sources of revenue. Importers might replenish strategic reserves of commodities whereas costs are low, to safeguard towards supply or worth disruptions, and put money into infrastructure and schooling. Create a profile to get full access to our articles and experiences, including these by McKinsey Quarterly and the McKinsey Global Institute, and to subscribe to our newsletters and email alerts.

While the modifications facing resource producers and coverage makers are likely …