“For resource companies, particularly incumbents, navigating a future with more uncertainty and fewer sources of growth will require a focus on agility. Harnessing digital and other technologies will be essential for unlocking productivity gains, but not sufficient. Companies that focus on the fundamentals—driving up throughput, driving down capital costs, spending, and labor costs—and look for opportunities in technology-driven areas may have an advantage. In the new commodity landscape, incumbents and attackers, including digitally enabled
outsiders, will race to develop viable business models.”
View the full report on How Technology is reshaping the resources sector thanks to McKinsey and Company on our Resources page here.
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