EdTech Insight – How to find opportunity in a crisis: Launching a spinoff business

by EdTechMate | Apr 11, 2024 | McKinsey, News & Insights

Executive Summary and Main Points Derrick Fung, CEO of Drop Technologies, shares insights into the strategic decision to launch a separate B2B venture called Cardify (now Drop for Business) to capitalize on the company’s consumer transaction data. This move...

EdTech Insight – Embedded finance: The choices and trade-offs for US banks

by EdTechMate | Apr 11, 2024 | McKinsey, News & Insights

Executive Summary and Main Points Embedded finance (EF) has recently soared, with nonfinancial entities offering financial products like loans and insurance within their broader services. Notably, tech platforms, in partnership with banks, have developed innovative...

EdTech Insight – Beyond the bus: Five key challenges in US student transportation

by EdTechMate | Apr 11, 2024 | McKinsey, News & Insights

Executive Summary and Main Points The US student transportation system is instrumental in combating chronic absenteeism, a problem exacerbated by the COVID-19 pandemic. Addressing transportation-related challenges such as enhancing student experience, coping with...

EdTech Insight – Meal delivery shouldn’t be a luxury

by EdTechMate | Apr 10, 2024 | McKinsey, News & Insights

Executive Summary and Main Points Delivery Hero, a leader in the meal and grocery delivery market, exemplifies key business strategies for successful digital transformation and internationalization. With a focus on innovation, risk-taking, and efficient logistics, the...

EdTech Insight – How institutional investors can gain a performance edge

by EdTechMate | Apr 10, 2024 | McKinsey, News & Insights

“`html Executive Summary and Main Points The insights from Christopher Ailman, chief investment officer of CalSTRS, as he approaches retirement, underscore the complexity of contemporary investment environments for educational funds. With more than two decades...

EdTech Insight – Simplicity, efficiency, and sustainability in discount grocery

by EdTechMate | Apr 10, 2024 | McKinsey, News & Insights

Executive Summary and Main Points In a recent dialogue with McKinsey, Ole Robert Reitan, CEO of Reitan Retail, detailed the evolution of the company from a single grocery store founded by his grandfather in Trondheim in 1948 to the present day, where strategic...