Meeting increasing global demand requires dramatically improving resource productivity. Yet technological advances mean companies have an extraordinary opportunity not only to meet that challenge but to spark the next industrial revolution as well....
The resource revolution represents the biggest business opportunity in a century. However, success requires new approaches to management. Companies that try to stick to the old “2 percent solution” (just improve performance by 2 percent annually and you will be fine) are going to become obsolete quickly. Businesses that can deliver dramatic resource-productivity improvements at scale will become the great companies of the 21st century.Substitution, optimization, virtualization.
McKinsey Quarterly
Stefan Heck, consulting professor at Stanford University’s Precourt Institute for Energy, and Matt Rogers, a McKinsey director in the San Francisco office
