David Pralong

Nov 7, 2024 | mckinsey.com | David Pralong |Kevin Russell

It’s easy to see the good economic news in North Carolina: above-average growth and below-average unemployment, strong inward investment, lots of new residents and a healthy business climate. But there are shadows, too. Not only is our median household income lower than the national average, but our poverty rate is higher; since 2008, inequality has ticked up too. To put it simply, when it comes to economic growth North Carolina could do better.

Sep 13, 2024 | industrytoday.com | Tacy Foster |David Pralong

Industry is facing once-in-a-generation challenges. Here are three ways that boards can tilt the odds for their companies. By Tacy Foster and David PralongSupply chains are being reconfigured. Wages are rising. Consumer demand is softening. Cost pressures are continuing. The times are not easy for US manufacturers, and making incremental improvements will not be enough to ensure long-term success. Manufacturers will need to re-think how they do everything.