Shifting gears: Where the Russian car market is headed

Printed with permission from McKinsey Quarterly The Russian car market is on track to recover from the financial crisis shortly. Where is the growth coming from? And who will benefit? In 2008, the passenger car market in Russia hit a historic high, with more than 2.7 million units sold. Then came the worldwide financial crisis,

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The global company’s challenge

Printed with permission from McKinsey Quarterly. As the economic spotlight shifts to developing markets, global companies need new ways to manage their strategies, people, costs, and risks. Managing global organizations has been a business challenge for centuries. But the nature of the task is changing with the accelerating shift of economic activity from Europe and North

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Winning the $30 trillion decathlon: Going for gold in emerging markets

Printed with permission from McKinsey Global Institute. By 2025, annual consumption in emerging markets will reach $30 trillion—the biggest growth opportunity in the history of capitalism. To compete for the prize, companies must master ten key disciplines. The Industrial Revolution is widely recognized as one of the most important events in economic history. Yet by many

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Understanding Mexico’s evolving consumers

Printed with permission from McKinsey Global Institute. Their behavior since the downturn contrasts sharply with that of their US neighbors. As the country’s economy rebounds, many of these differences will probably persist. Mexican consumers have been hit harder than their US counterparts by the downturn since 2008, but they are more optimistic about their country’s

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What’s ahead for banking in Eastern Europe

Reprinted with permission from McKinsey Global Institute. Banks in Eastern Europe have had a roller coaster ride over the past decade.1 After dizzying growth between 2000 and 2007, when shares in the region’s top financial institutions performed better than those of their counterparts around the world, asset values slumped by two-thirds as the credit crisis of

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Financial Services & Asia

The big multinational financial services institutions that are affected by the financial crisis have another issue to manage; addressing Asian consumers’ anxiety! As a result, the consumers in developing and developed Asian nations would prefer local banks over multinationals. According to McKinsey Global Institute, “Almost 81 percent of consumers in emerging Asian markets and 63

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Transcription Services in Chicago Recorded language presents new obstacles for a native and non-native speaker. Whether its transcribing written materials into audio or vice versa, transcription demands an experienced linguistic expert to compose the written information into a clear, coherent dialect that makes uses of proper word choices and pronunciations to appeal to your specific

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