Michael Mankins

For decades, China fueled global growth, with annual GDP growth exceeding 7% from 2010 to 2020 and policies that actively encouraged multinational corporations (MNCs) to invest an estimated $3 trillion in China. Today, however, the landscape has shifted. Economic activity […]

Eleven out of 12 top-down target transformations fail to achieve their goals, with only a fraction of theoretically “executed” or “realized” improvements translating to the corporate ledger. In this article, Bain & Co partner Michael Mankins summarizes Bain research findings