The most innovative companies follow these 6 strategies, according to McKinsey
Some companies that outperformed in these areas obtained higher cumulative total shareholder returns, according to the research.
Stay updated with breaking news from Finance Chief. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Some companies that outperformed in these areas obtained higher cumulative total shareholder returns, according to the research.
In the 38th year for the annual list of 100 companies, industrials led all sectors with a 108% three-year average annual earnings growth rate.
Finance chiefs can be allies to IT in the age of tech transformations and AI.
Google-parent Alphabet's cloud division posted its weakest growth in nearly three years, leading to a 5.7% decline in its stock value in after-hours trading. This decline is even more striking when juxtaposed with the success of Microsoft's cloud division, which has seen a substantial surge in sales.
The tech giant's latest earnings report is "front and center for tech investors across the Street," according to Wedbush analyst Dan Ives.