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These industries are poised to transform the business landscape

McKinsey Public & Social Sector Insights

Of the world’s top 20 companies by market cap at the end of 2005, only four remained at the top as of November 2024. Most of the companies that had displaced the powerhouses of 2005 belonged to a unique category of industries that we call arenas of competition.

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3 Ways Boston is Striving to Become the Most Family-Friendly City

NLC (National League of Cities)

Boston and its city leaders have long demonstrated this commitment to families through efforts such as the city’s universal pre-k initiative, which began in 2005 under Mayor Thomas Menino and […] Source

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Fleet and Freight Cyber Considerations for Protecting America’s Roads

State Tech Magazine

According to the National Highway Traffic Safety Administration, there were 42,915 motor vehicle–related fatalities in 2021, the largest number since 2005. But it also comes with potential challenges. While education about safe driving…

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To find the economy’s future growth engines, look for big ‘arenas of competition’

McKinsey Public & Social Sector Insights

From 2005 to 2020, a relatively small number of industries—from cloud services to e-commerce to consumer internet to biopharmaceuticals–reshaped the global economy, radically changing businesses and the way we live. These transformative industries,12 in all, belong to a special category we call “arenas of competition.”

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India’s Shift to Low-Carbon Construction Must Not Leave Workers Behind

The City Fix

India aims to reduce the emissions intensity of its economy by 45% by 2030, compared to 2005 levels, and to achieve net-zero emissions by 2070. The country can’t achieve either goal without a radical transformation in its buildings and construction sector, which was responsible for around 17% of the nation’s.

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Honoring Fallen Park Rangers

Park Leaders

In 2005, Jeff initiated World Ranger Day. The Honor Roll is a way of recognizing park rangers who have died in the line of duty. This work has brought the sacrifices of park rangers to light. It has even lead to global collaboration and been recognized at events like the World Ranger Congress.

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America’s productivity engine is sputtering. Fixing it is a $10 trillion opportunity

McKinsey Public & Social Sector Insights

Since 2005, productivity growth has been lackluster, averaging 1.4% a year, compared to the post-World War II average of 2.2%. That is a problem. Increasing productivity–economic output per unit of input–maintains U.S. competitiveness and improves our quality of life.

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