Thu.Nov 07, 2024

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Key considerations for CEOs in the oil and gas sector

McKinsey Public & Social Sector Insights

The oil and gas industry has recently seen strong financial performance and is refocusing on its core, but it still needs to find answers to drive growth post-2030.

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Use Your Remaining ARPA Dollars to Fund Workforce Scholarship Programs

NLC (National League of Cities)

Guest blog post authored by Scholarship America American cities have less than 3 months to obligate their remaining American Rescue Plan Act (ARPA) funds or they will lose them. ARPA regulations require local governments to return grant funding that remains unobligated beyond the December 2024 end-of-year deadline to the U.S.

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Supercharging product portfolio performance with generative AI

McKinsey Public & Social Sector Insights

When generative AI tools do the heavy lifting, companies can optimize their product portfolios faster and more effectively.

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AI Isn’t New to Cybersecurity, But Some of Its Use Cases Are

State Tech Magazine

Machine learning and deep learning, which are subsets of artificial intelligence, have been used for intrusion detection as far back as the early 2000s. Even then, it was clear that AI could improve mean time to detection. Anything that can operate at machine speed can spot something of interest in torrents of data faster than a person can. While it’s fair to say that AI is not new to cybersecurity, it’s also true that we can now do more with AI to improve cybersecurity than ever before.

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How Breckenridge, CO Ensures Tax & Licensing Compliance

Breckenridge’s short-term rental boom—over 4,200 licenses —put intense pressure on the town’s small staff and manual processes. Facing compliance and efficiency challenges, the town teamed up with GovOS to automate its STR licensing. The new system: Cut admin time Reduced errors Improved the experience for property owners and town staff Discover the full impact of automation on Breckenridge’s STR management—download the case study.

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DHS Gives K–12 Educators Tools to Protect Kids from Online Sexual Exploitation

FedTech Magazine

The Department of Homeland Security released guidance to help K–12 educators protect children and teens from online child sexual exploitation and abuse. Tools include classroom materials and advice — in the form of training videos, coloring pages and word searches, worksheets, infographics, posters and take-home information for parents — on spotting and stopping CSEA.

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Capital expenditure efficiency in chemicals: An opportunity for CFOs

McKinsey Public & Social Sector Insights

Chemical CFOs are tasked with driving shareholder returns in an era of rising costs. Answering five key questions can help balance spending with strategic initiatives and stakeholder returns.

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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.” They are defined by two characteristics: extraordinary growth and exceptional dynamism or shifts in market shares, which signal a new era of competition and signify that new techn

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To be a true state of opportunity, North Carolina needs to close its productivity gaps. Here is how small businesses can help.

McKinsey Public & Social Sector Insights

More productive MSMEs would help North Carolina foster the sustainable and inclusive economy it wants to be. And it would be good for business, too, write David Pralong and Kevin Russell in Charlotte Business Journal.

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How big businesses can help smaller ones after a disaster

McKinsey Public & Social Sector Insights

Almost six in 10 U.S. workers are employed by a micro, small, or medium-sized enterprise (MSME), a firm with up to 499 employees. For the sake of local economies, their employees, and the social fabric of our communities, getting small businesses back on their feet after a disaster like Hurricane Helene or Hurricane Milton should be a high priority — and big businesses have a critical role to play.

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