M&A strategy when the obvious targets are gone
How companies can build a stronger acquisition radar by connecting portfolio logic, target intelligence and strategic fit before competition intensifies.
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Digital marketplaces and platform economy
Build durable platform value as AI, regulation and changing network economics reshape discovery, monetization and digital intermediation.
Discover the macroEditorial overview
Articles
Strategy in a world of overlapping disruptions
How leaders can make sharper choices on where to compete, where to invest and what to stop when multiple structural shifts hit at once.
Read articleFocus
Real estate is moving from yield compression back toward operating performance
With financing conditions stabilizing, asset value increasingly depends on cash-flow quality, sector fundamentals and active operating capability.
AI is beginning to attack the economics of the professional-services hour
Clients are using AI internally while questioning fees for work that machines increasingly perform faster and more cheaply.
Strategic challenges
How much redundancy is worth paying for in global freight networks?
The challenge is balancing efficiency with alternative routes and capacity when geopolitical disruption can quickly rewrite transit economics.
How long can private markets grow while liquidity remains structurally constrained?
The challenge is balancing deployment, exits and investor distributions when traditional realization routes remain uneven.
POV
The energy transition may be constrained less by generation than by connection
Building renewables is becoming easier than moving power through networks that were never designed for today's scale of change.
The future of agriculture will not be solved by technology alone
Food production remains biological and local; innovation wins only when it survives weather, farmer economics and fragmented operating conditions.
Strategic impact
Agritech is making farm economics increasingly measurable at field level
Better sensing, forecasting and input management can expose where productivity gains are real and where biological limits still dominate.
Autonomy could change the utilization economics of transportation assets
Higher operating hours and algorithmic dispatch may reshape fleet productivity where technology and regulation permit scaled deployment.
What we observe
Biopharma companies often modernize discovery while leaving development economics unchanged
Faster target identification has limited value if trials, evidence generation and commercialization remain equally slow and expensive.
Oil companies often treat strong prices as evidence of strong structural demand
Geopolitical scarcity can support prices even while underlying consumption patterns weaken in important markets.