Stefan Heck, Matt Rogers
Think back to Adam Smith’s The Wealth of Nations (1776), which identified three primary business inputs: labor, capital, and land (defined broadly as any resource that can be produced or mined from land or disposed of as waste on it). The two industrial revolutions the world has thus far seen focused primarily on labor and capital. The first gave us factories and limited-liability corporations to … [ Read more ]
Content: Quotation | Authors: Matt Rogers, Stefan Heck | Source: “McKinsey Quarterly” | Subject: Economics
Are You Ready for the Resource Revolution?
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.
Content: Article | Authors: Matt Rogers, Stefan Heck | Source: “McKinsey Quarterly” | Subjects: Economics, Management, Social Responsibility (ESG)