Digital action = Climate action: 8 ideas to accelerate the twin transition

“It is clearer than ever that we urgently need to take bold actions to counter the global existential threat of climate change and to promote a green economic recovery!

Together, Europe has set an ambitious target of reducing our emissions by 55% compared to 1990 levels. If we are serious about reaching that goal, we governments, businesses and citizens need to think digital.”

Eight ideas on acceleration of the twin transition:

  1. Set ambitious key performance indicators for the twin transition
  2. Promote data cooperation on sustainability
  3. Boost infrastructure & connectivity
  4. Develop international standards for measuring digital enablement and carbon footprint
  5. Increase access to funding for research, development and innovation spending in green technologies
  6. Launch a continent-wide drive for green tech skills
  7. Strengthen the link between digital and green policies
  8. Create sector-specific action plans to facilitate uptake of digital across Europe’s most energy intensive sectors

“Natural disasters and resource scarcity, like limited access to clean water and agricultural land, will lead to security risks and unrest. These challenges are not national but international by nature. It is our common responsibility towards future generations to do what it takes to protect the environment. It is also our common duty to create a strong and competitive European economy, where people have the means to develop and put into practice innovative solutions that we need.”

Got interested? Read the full post from Cecilia Bonefeld-Dahl here .

Much more details on the eight ideas can be read in the report DIGITALEUROPE – download a copy here.

Improving strategic outcomes with advanced analytics

AI and machine-learning tools can enhance strategic planning.

In this episode of the Inside the Strategy Room podcast, McKinsey Insights explores how digital analytics is revolutionizing strategy. Nicholas Northcote, who for years led McKinsey’s research on strategic decision making, is joined by Sagie Davidovich, the cofounder and CEO of SparkBeyond, a McKinsey partner company that operates an AI-driven analytics platform, and Sasha Vesuvala, who leads much of McKinsey’s work in applying advanced analytics to strategy and growth-related questions. To read this edited transcript of the discussion follow this link.

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Focus on hiring the best. Set guidelines, not rules. Reward great performance. Read the full story here.