I L L U S T R AT I O N S B Y E D D I E G U Y I N S I G H T S I N F O C U S Outlook 08 M C K I N S EY Q UA RT E R LY I N S I G H T S I N F O C U S I L L U S T R AT I O N S B Y E D D I E G U Y McKinsey Quarterly: A Time for Courage Page 9 Page 11