ULTRA-condensed knowledge
"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital age, The New World, Digital Transformation, Productivity
Opportunity, Lessons learned, McKinsey Global Institute
🎯Extremely Rare "Full Package Golden Knowledge Container"
genioux fact 3/12/2023, McKinsey Global Institute, Charles Atkins, Olivia White, Asutosh Padhi, Kweilin Ellingrud, Anu Madgavkar, and Michael Neary: Rekindling US productivity for a new era
- Boosting US productivity represents a $10 trillion opportunity. That’s the potential cumulative increase in US GDP between now and 2030—equivalent to $15,000 per household—that could result from regaining the long-term productivity growth rate of 2.2 percent annually.
- Since 2005, US labor productivity has grown at a lackluster 1.4 percent. At the same time, real wages have slowed and workforce participation has declined.
- Achieving and equalizing productivity gains will require concerted action. Priorities include unlocking the power of existing technology, investing in intangibles, improving workforce reskilling and labor mobility, and implementing place-based approaches tuned to specific geographies.
Genioux knowledge fact condensed as an image
This Extremely Rare "Full Package Golden Knowledge Container" was fished in The g-f New World News (2/27/2023, 3).
Extra-condensed knowledge
The fishing target was 10 GK containers. The fishing had been very good, but suddenly it became fabulous. The ninth was an extremely rare "Full Package Golden Knowledge Container".
🎯Extremely Rare "Full Package Golden Knowledge Container"
Rekindling US productivity for a new era, Charles Atkins, Olivia White, Asutosh Padhi, Kweilin Ellingrud, Anu Madgavkar, and Michael Neary, McKinsey Global Institute, Report, February 16, 2023.
- Labor productivity growth1 has been the engine of US economic power and prosperity since World War II, adding 2.2 percent annually to economic growth and contributing mightily to a 1.7 percent annual gain in real incomes. Looking to the future, similar levels of productivity growth would help the country confront looming challenges, including workforce shortages, debt, inflation, and the cost of the energy transition.
- A productivity agenda for CEOs. We’ve argued throughout this report that the biggest improvements in US productivity will be the result of the choices that business leaders make. The company will benefit from greater productivity, as will the national economy. Here we provide a quick checklist of the ideas discussed in the report. Most are steps that companies can take today. Others will require collaboration with other institutions; we’ve put those in italics. Prepare for the future war for talent.
- Prepare for the future war for talent
- Accelerate business reinvention
- Commit to your digital transformation with bold goals and shared accountability.
- Complement technology investments with R&D, brands, and other intangibles to reimagine core business operations.
- Retool your organization to build the capacity and flexibility for reinvention.
- Invest in technology-ready talent at all levels to lead and deliver the change.
- Balance energy affordability and productivity
- Shape the economic context
- Build an American workforce for the future
- Addressing the labor participation rate, the workforce shortage, and skills gaps will take a sustained step change in government and business initiatives and will likely involve multiple levers to build skills throughout American workers’ careers and forge a new talent pipeline.
- Leaders can start by increasing the supply of newly trained workers. Improved access to education through community colleges, apprenticeships, and vocational programs, as well as reforming the visa process for skilled foreign workers, would provide a welcome boost.
- Encourage investment in intangibles
- Policy makers can support the intangibles economy by setting the right environment for intangibles to flourish. Reforms to intellectual property rules and competition policy can ensure that incentives for innovation persist while addressing contexts in which overly expansive protections or industry dynamics are stifling competition. Such changes will need to be finely tuned by sector and even firm, recognizing the role of global value chains and natural returns to scale in helping large, productive, intangibles-based businesses grow.
- Returning labor productivity growth to its historical level is among the most important challenges facing the US economy. Success will deliver not only greater prosperity, but also help finance the net-zero transition, bring workers back to the job even as the population ages, and put the brakes on rising inequality. Fortunately, the wellspring of American innovation remains strong even if unevenly distributed. By taking action on several fronts, business leaders and policy makers can accelerate productivity and create a more sustainable and inclusive economy in the new era.
ABOUT THE AUTHOR(S)
Charles Atkins is a partner in McKinsey’s Bay Area office; Olivia White is a director of the McKinsey GIobal Institute and a senior partner in the Bay Area office; Michael Neary is a consultant in the Bay Area office; Asutosh Padhi is the managing partner for North America and senior partner in the Chicago office; Kweilin Ellingrud is a director of the McKinsey Global Institute and a senior partner in the Minneapolis office; and Anu Madgavkar is a McKinsey Global Institute partner based in the New Jersey office.
The authors wish to thank Jeffrey Condon, Ricardo Huapaya, Max Klug, Javin Pombra, Maria Jesus Ramirez, Fernanda Reyes, Sven Smit, Bob Sternfels, Sebastian Vargas, and Wei Su for their contributions.
Condensed knowledge
"genioux facts", the programme on "MASTERING THE BIG PICTURE OF THE DIGITAL AGE”, builds GKPath digital freeway to accelerate everyone's success.
"GKPath" is the free digital highway where there is no speed limit to grow. GkPath is paved with blocks of golden knowledge.
- Golden Knowledge (GK) illuminates the paths that lead to your greatness and to making a better world for all.
- Golden Knowledge (GK) links the paths that lead to greatness and the construction of a better world for all.
- When you travel The Golden Knowledge Path (GKPath), aware of how extraordinarily wonderful your brain is, how it can change, you understand why the focus of this programme is twofold on the transfer of essential golden knowledge and on teaching people to think.
- CONTEXT: The Golden Knowledge Path ("GKPath") digital highway
- Opportunity, Discovering and exploiting the treasure of the digital age
- "genioux facts", the online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, builds The Golden Knowledge Path (GKPath) digital highway to discovering and exploiting the treasure of the digital age, accelerating everyone's success in the digital age. g-f(2)254, g-f(2)260, g-f(2)261, g-f(2)251, g-f(2)312, g-f(2)256, g-f(2)257, g-f(2)272, g-f(2)271, g-f(2)270, g-f(2)268, g-f(2)269, g-f(2)289, g-f(2)283, g-f(2)287, g-f(2)313, g-f(2)293, g-f(2)294, g-f(2)296, g-f(2)298
- The inverted mini pyramid of knowledge, g-f(256), is essential to travel on the "GKPath" highway.
- g-f(2)256 The Big Picture of the Digital Age (5/2/2021), geniouxfacts, The fundamental knowledge mini-pyramid for traveling on the "GKPath" highway.
- Key "genioux facts" to travel on the "GKPath" highway.
- g-f(2)261 The Big Picture of the Digital Age (5/5/2021), geniouxfacts, You are unique. Grow without limits in the digital age.
- g-f(2)257 The Big Picture of the Digital Age (5/3/2021), geniouxfacts, At any moment you take the fastest path (GKPath) to your greatness.
- g-f(2)254 The Big Picture of the Digital Age (5/1/2021), geniouxfacts, The Golden Knowledge Path (GKPath) to accelerate everyone's success.
- g-f(2)260 The Big Picture of the Digital Age (5/4/2021), geniouxfacts, Alerts, Warnings and Relevant Lessons Learned Traveling at High Speed on GKPath.
References
References were previously described.
Some relevant characteristics of this "genioux fact"
- BOMBSHELL KNOWLEDGE
- Category 2: The Big Picture of the Digital Age
- [genioux fact deduced or extracted from McKinsey Global Institute]
- This is a “genioux fact fast solution.”
- Tag Opportunities to those travelling at high speed on GKPath
- Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
- Type of validity of the "genioux fact".
- Supported by an extraordinary report + Supported by the knowledge of one or more experts.
- Authors of the genioux fact
References
“genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)994, Fernando Machuca, March 12, 2023, blog.geniouxfacts.com, geniouxfacts.com, Genioux.com Corporation.
“genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)994, Fernando Machuca, March 12, 2023, blog.geniouxfacts.com, geniouxfacts.com, Genioux.com Corporation.
ABOUT THE AUTHORS
PhD with awarded honors in computer science in France
Fernando is the director of "genioux facts". He is the entrepreneur, researcher and professor who has a disruptive proposal in The Digital Age to improve the world and reduce poverty + ignorance + violence. A critical piece of the solution puzzle is "genioux facts". The Innovation Value of "genioux facts" is exceptional for individuals, companies and any kind of organization.
PhD with awarded honors in computer science in France
Fernando is the director of "genioux facts". He is the entrepreneur, researcher and professor who has a disruptive proposal in The Digital Age to improve the world and reduce poverty + ignorance + violence. A critical piece of the solution puzzle is "genioux facts". The Innovation Value of "genioux facts" is exceptional for individuals, companies and any kind of organization.
Key “genioux facts”
- Some relevant and recent "genioux facts" from the g-f golden knowledge pyramid to master the big picture of the digital age.
- Opportunities updates (3/12/2023) for those traveling at high speed on GKPath!
- Tag Alerts those traveling at high speed on GKPath
- g-f(2)992 THE BIG PICTURE OF THE DIGITAL AGE (3/11/2021), geniouxfacts, Valuing the gold of "The g-f New World News (3/10/2023, 3)"
- g-f(2)991 THE NEW WORLD (3/10/2023), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
- g-f(2)990 Lighthouse of the big picture of the digital age (3/10/2023), Your Personal Digital Transformation (PDT) is potentially disruptive!
- g-f(2)989 Lighthouse of the big picture of the digital age (3/10/2023), Digital transformation is becoming more potentially disruptive every day
- g-f(2)988 Lighthouse of the big picture of the digital age (3/9/2023), The "Positive Disruption: AI Revolution" has accelerated
- g-f(2)987 THE NEW WORLD (3/8/2023), WSJ, How Google Became Cautious of AI and Gave Microsoft an Opening
- g-f(2)986 Lighthouse of the big picture of the digital age (3/8/2023), The New World is mostly colonized by global tech leaders
- g-f(2)985 Lighthouse of the big picture of the digital age (3/8/2023), The fundamental CHALLENGE is to find the right balance between running and transforming!
- g-f(2)984 Lighthouse of the big picture of the digital age (3/8/2023), We are in the emerging new age of transformation
- g-f(2)983 Lighthouse of the big picture of the digital age (3/6/2023), THE NEW WORLD IS TRANSFORMATION
- g-f(2)982 THE g-f NEW WORLD (1/30/2023), geniouxfacts, Classified and unclassified “genioux facts” for a disrupted g-f New World
- g-f(2)981 THE NEW WORLD (7/10/2022), geniouxfacts, The story of Xi and Putin is that of two leaders with delusions of grandeur and LOSING STRATEGIES
- g-f(2)980 THE NEW WORLD (4/7/2022), geniouxfacts, How Xi or Putin, against all odds, reinvent themselves on the right side of history
- g-f(2)979 THE NEW WORLD (3/31/2022), geniouxfacts, Essential Fact 8: The New World Is the Expression of FREEDOM
- g-f(2)978 THE NEW WORLD (3/22/2022), Essential Fact 7: To win the transformation game China-Russia proposes TERROR
- g-f(2)977 THE NEW WORLD (3/20/2022), geniouxfacts, Essential Fact 6: In the marvelous New World there is no place for terrorism
- g-f(2)976 THE NEW WORLD (3/18/2022), geniouxfacts, Essential Fact 5: Disrupted in the New World, could autocratic Chinese rule be reinvented?
- g-f(2)975 THE NEW WORLD (3/17/2022), geniouxfacts, Essential Fact 4: Russian and Chinese autocratic governments have been disrupted in the New World
- g-f(2)974 THE NEW WORLD (3/16/2022), geniouxfacts, Essential Fact 3: China (Xi Jinping) has destroyed the trust of its best partners
- g-f(2)973 THE NEW WORLD (3/15/2022), geniouxfacts, Essential Fact 2: The people of Russia are fabulous, their autocratic rule is a disgrace
- g-f(2)972 THE NEW WORLD (3/15/2022), geniouxfacts, Essential Fact 1: The people of China are fabulous, not their autocratic government
- g-f(2)971 THE NEW WORLD (3/12/2022), geniouxfacts, Demonic China-Russia alliance sparked Putin's senseless war
- g-f(2)970 THE NEW WORLD NEWS (3/7/2022), geniouxfacts, The 10 most read "genioux facts" of the month
- g-f(2)969 THE NEW WORLD NEWS (3/7/2022), geniouxfacts, The 10 most read "genioux facts" of the week
- g-f(2)968 THE NEW WORLD (3/2/2022), geniouxfacts, How humans learned to value the price of freedom
- g-f(2)967 THE NEW WORLD (3/1/2022), geniouxfacts, Putin's war is the war of ignorance in the New World
- g-f(2)966 THE NEW WORLD NEWS (2/27/2022), geniouxfacts, The 10 most read "genioux facts" of the month
- g-f(2)965 THE NEW WORLD NEWS (2/27/2022), geniouxfacts, The 10 most read "genioux facts" of the week
- g-f(2)964 THE NEW WORLD NEWS (2/27/2022), Media, Putin's wise thing is to stop this senseless war
- g-f(2)963 THE NEW WORLD NEWS (2/26/2022), CNN + Fox Business, Putin's war was launched on a runway of lies
- g-f(2)962 THE NEW WORLD NEWS (2/24/2022), WSJ, Putin’s New World Disorder
- g-f(2)961 THE NEW WORLD (2/25/2022), geniouxfacts, Leaders who transcend do not live in vicious circles of ignorance
- g-f(2)960 THE NEW WORLD (2/24/2022), msn, TIME, Putin Wants Revenge Not Just Against Ukraine But the U.S. And Its Allies
- g-f(2)959 THE NEW WORLD (2/23/2022), geniouxfacts, The "g-f story" of how leaders prove their greatness in the New World
- g-f(2)958 THE NEW WORLD (2/23/2022), geniouxfacts, The "g-f story" of how Putin can overcome his vicious circle of ignorance
- g-f(2)957 THE NEW WORLD (2/22/2022), geniouxfacts, The "g-f story" of the fabulous treasure of the New World
- g-f(2)956 THE NEW WORLD NEWS (2/21/2022), geniouxfacts, The list of “genioux facts" of the day
- g-f(2)955 THE NEW WORLD (2/21/2022), WSJ, Why Apple, Amazon and Google Are Uniting on Smart-Home Tech: Matter Explained
- g-f(2)954 THE NEW WORLD (2/21/2022), HBR, In a Hybrid World, Your Tech Defines Employee Experience
- g-f(2)953 THE NEW WORLD (2/21/2022), MIT SMR, Creating Good Jobs
- g-f(2)952 THE NEW WORLD (2/21/2022), geniouxfacts, Exceptional Golden Knowledge (GK) by Stephen Covey: Work on your paradigms!
- g-f(2)951 THE NEW WORLD (2/21/2022), s+b, PwC, Leaders should revisit the works of three corporate culture pioneers
- g-f(2)950 THE NEW WORLD NEWS (2/20/2022), geniouxfacts, The 10 most read "genioux facts" of the month
- g-f(2)949 THE NEW WORLD NEWS (2/20/2022), geniouxfacts, The 10 most read "genioux facts" of the week
- g-f(2)948 THE NEW WORLD (2/19/2022), PwC, The "g-f story" of going beyond digital to win
- g-f(2)947 THE NEW WORLD (2/18/2022), PwC + s+b, Seven imperatives for moving beyond digital
- g-f(2)946 THE NEW WORLD (2/18/2022), MIT SMR, Top Performers Have a Superpower: Happiness
- g-f(2)945 THE NEW WORLD (2/18/2022), MIT SMR, Companies Are Making Serious Money With AI
- g-f(2)944 THE NEW WORLD NEWS (2/18/2022), geniouxfacts, The Golden Knowledge (GK) Accelerator Line for the Wise Colonization
- g-f(2)943 THE NEW WORLD (2/17/2022), The story of the New World in a single sentence
- g-f(2)942 THE NEW WORLD (2/16/2022), The Story of the New World in a “g-f KBP” Chart
- g-f(2)941 THE NEW WORLD (2/16/2022), The “g-f stories” to your greatness and to help build a much better world for all
- g-f(2)940 THE NEW WORLD NEWS (2/14/2022), geniouxfacts, The list of “genioux facts" of the day
- g-f(2)939 THE NEW WORLD (2/14/2022), Korn Ferry, Future of Work Trends in 2022: A new era of humanity
- g-f(2)938 THE NEW WORLD (2/14/2022), Korn Ferry, FUTURE OF WORK / THE GLOBAL TALENT CRUNCH
- g-f(2)937 THE NEW WORLD (2/14/2022), WSJ, The Technology That’s Helping Companies Thrive Amid the Supply-Chain Chaos
- g-f(2)936 THE NEW WORLD NEWS (2/14/2022), Bloomberg, U.S. Tech Firms Hunt for Cheap Home-Based Hires in Latin America
- g-f(2)935 Lighthouse of the big picture of the digital age (2/14/2022), g-f PDT: How to develop a “Growth Mindset”
- g-f(2)934 THE NEW WORLD NEWS (2/13/2022), geniouxfacts, The 10 most read "genioux facts" of the month
- g-f(2)933 THE NEW WORLD NEWS (2/13/2022), geniouxfacts, The 10 most read "genioux facts" of the week
- g-f(2)932 THE NEW WORLD NEWS (2/12/2022), geniouxfacts, The list of “genioux facts" of the day
- g-f(2)931 THE NEW WORLD NEWS (2/12/2022), WSJ, OpenSea’s NFT Free-for-All
- g-f(2)930 THE NEW WORLD (2/12/2022), MIT SMR, A Global Brand President’s View of the Future of Work
- g-f(2)929 THE NEW WORLD (2/12/2022), HBR, Skills-Based Hiring Is on the Rise
- g-f(2)928 THE NEW WORLD (2/12/2022), geniouxfacts, Golden knowledge (GK) to wisely resolve the current lose-lose situation between Russia and Ukraine
- g-f(2)927 THE NEW WORLD NEWS (2/11/2022), geniouxfacts, The list of “genioux facts" of the day
- g-f(2)926 THE NEW WORLD NEWS (2/11/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
- g-f(2)925 THE NEW WORLD (2/11/2022), strategy+business, Building a culture of learning at work
- g-f(2)924 THE NEW WORLD (2/11/2022), WHO, Ensuring artificial intelligence (AI) technologies for health benefit older people
- g-f(2)923 THE NEW WORLD (2/11/2022), yahoo!news, WWD, L’Oréal’s CEO Addresses Beauty Industry Transformation
- g-f(2)922 THE NEW WORLD NEWS (2/10/2022), geniouxfacts, The list of “genioux facts" of the day
- g-f(2)921 THE NEW WORLD (2/10/2022), PwC, Demystifying the metaverse
- g-f(2)920 THE NEW WORLD (2/10/2022), WSJ, Forget the Office—Salesforce Is Making a Wellness Retreat for Workers
- g-f(2)919 THE NEW WORLD NEWS (2/10/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
- g-f(2)918 THE BIG PICTURE OF THE DIGITAL AGE (2/10/2022), Media, Nathan Chen brilliantly won the Olympic gold his talent deserved
- g-f(2)917 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, The list of “genioux facts" of the day
- g-f(2)916 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, Free bet, do you know how to value golden knowledge (GK)?
- g-f(2)915 THE NEW WORLD (2/9/2022), Forbes, Why Do Startups Fail And Can We Create An AI Formula To Prevent Failure? An Interview With Harvard Business School Professor Tom Eisenmann
- g-f(2)914 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
- g-f(2)913 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
- g-f(2)912 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
- g-f(2)911 THE NEW WORLD NEWS (2/8/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
- g-f(2)910 THE NEW WORLD (2/8/2022), Accenture, Fjord Trends 2022: The new fabric of life
- g-f(2)909 THE NEW WORLD NEWS (2/7/2022), geniouxfacts, The list of “genioux facts" of the day
- g-f(2)908 THE NEW WORLD NEWS (2/7/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
- g-f(2)907 THE NEW WORLD NEWS (2/7/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
- g-f(2)906 THE NEW WORLD (2/7/2022), Forbes, 6 Most Compelling Qualities Of Digitally Transformed Enterprises
- g-f(2)905 THE NEW WORLD NEWS (2/7/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
- g-f(2)904 Lighthouse of the big picture of the digital age (2/7/2022), Visionary and Foundational Facts from the Playbook for Successful Personal Digital Transformation (PDT)
- g-f(2)903 THE NEW WORLD NEWS (2/6/2022), geniouxfacts, The 10 most read "genioux facts" of the month
- g-f(2)902 THE NEW WORLD NEWS (2/6/2022), geniouxfacts, The 10 most read "genioux facts" of the week
- g-f(2)901 THE NEW WORLD NEWS (2/5/2022), geniouxfacts, The list of “genioux facts" of the day
- g-f(2)900 THE NEW WORLD (2/5/2022), Fortune, How Microsoft’s Satya Nadella rejected a ‘know-it-all’ mentality and became the world’s most admired CEO
- g-f(2)899 THE NEW WORLD (2/5/2022), Fortune, World’s Most Admired Companies
- g-f(2)898 THE NEW WORLD (2/5/2022), Financial Times, Satya Nadella: ‘Being great at game building gives us permission to build the next internet’
- g-f(2)897 THE NEW WORLD NEWS (2/4/2022), geniouxfacts, The list of “genioux facts" of the day
- g-f(2)896 THE NEW WORLD NEWS (2/4/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
- g-f(2)895 THE NEW WORLD NEWS (2/4/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
- g-f(2)894 THE NEW WORLD NEWS (2/4/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
- g-f(2)893 THE NEW WORLD (2/4/2022), Media, Amazon Profit Shows Resilience Even as Labor, Supply Crunch Weigh on Results
- A list of relevant "genioux facts" that describe a "Classical CONTEXT" of the Digital Age
- g-f(2)45 "The Big Picture of the Digital Age": Knowledge opens the way to staggering opportunities, risks and challenges
- g-f(2)50 The Big Picture of the Digital Age: Mines of Golden Knowledge Growing Every Day
- g-f(2)74 THE BIG PICTURE OF THE DIGITAL AGE: Rapid change, incertitude and disruption, in a hypercompetitive environment
- g-f(1)28 The pyramid of knowledge of a “genioux fact”: From GOLD FRUITS to GOLD JUICES
- g-f(2)51 The Big Picture of the Digital Age: The Value of Golden Knowledge is Relative
- g-f(2)99 THE BIG PICTURE OF THE DIGITAL AGE, The “genioux facts”: Essential knowledge to unleash your limitless growth.
- g-f(2)75 THE BIG PICTURE OF THE DIGITAL AGE: “Infinite Learners” to keep pace with change, incertitude and disruption, in a hypercompetitive environment
- g-f(2)151 The Big Picture of the Digital Transformation, 3/1/2021, geniouxfacts, How To Succeed At Business Digital Transformation.
- g-f(2)153 The Big Picture of Business Artificial Intelligence (3/3/2021) in a Single “g-f KBP” Chart
- g-f(2)174 THE BIG PICTURE OF THE DIGITAL AGE (3/20/2021), geniouxfacts, Executive guide of golden knowledge to fire up your unlimited growth.
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