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    COVID-19: Briefing Note #100, April 13, 2022

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    COVID-19: Briefing Note #100, April 13, 2022

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    COVID-19

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    COVID-19

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    50 views3 pages

    COVID-19: Briefing Note #100, April 13, 2022

    Uploaded by

    diyah
    COVID-19

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    Risk Practice

    COVID-19: Briefing note


    #100, April 13, 2022
    As COVID-19 becomes endemic in much of the world, we turn our
    focus to sustainable and inclusive growth.

    © Eugene Mymrin/Getty Images

    April 2022
    On March 2, 2020, just over a week before a McKinsey is already exploring how to achieve
    global pandemic was declared, we published sustainable and inclusive growth, the topic of the
    COVID-19: Briefing note #1. Our plan was to inaugural episode of the new Future of America
    publish an update on the virus’s implications podcast. McKinsey Global Institute director and
    for business for as many weeks as the news felt senior partner Kweilin Ellingrud and senior partner
    urgent. We did not expect to continue for more Greg Kelly discuss how leading companies can
    than two years, nor to ever publish Briefing note use the pandemic recovery as an opportunity
    #100, as we have today. to accelerate prosperity for more Americans.
    Customers and consumers want to be associated
    It’s painful to reflect on these 100 editions, on the with companies that are making a positive
    millions of lives lost, the suffering and grief, and difference. Companies can accelerate inclusivity
    the myriad disruptions to lives and livelihoods. But and sustainability by having real awareness,
    in what is perhaps a hopeful sign, we now feel the committing to change, rewarding the change, and
    time is right to stop. COVID-19 news seems less providing coaching and development to make the
    urgent than at any time in the past two years. All change happen.
    of McKinsey’s published work now intrinsically
    accounts for the pandemic, even if it is not directly Much near-term growth will arise from a once-in-
    mentioned. COVID-19 has gone from being a fresh a-lifetime wave of capital spending on physical
    emergency to a fact of life. assets between now and 2027. This surge of
    roughly $130 trillion in investment will flood
    In a few weeks, we will relaunch this weekly report into projects to decarbonize and renew critical
    with links to the latest McKinsey publications. infrastructure. But few organizations are prepared
    Our new theme will be sustainable and inclusive to deliver on this capital influx with the speed
    growth. After more than two years of reporting and efficiency it demands. Companies should
    on a destructive force, we look forward to sharing consider implementing a portfolio-synergistic
    our research and thoughts on how people and strategy in which planning is top-down, a major
    organizations can build a better world. business challenge requiring savvy stakeholder
    management, capital markets expertise, and
    understanding of complex approval processes.

    After more than two years of reporting


    on a destructive force, we look forward
    to sharing our research and thoughts
    on how people and organizations can
    build a better world.

    2 COVID-19: Briefing note #100, April 13, 2022


    Sustainable, inclusive growth will require changing Here are other key findings from our research
    the workplace to maximize the contributions of this week:
    all people. In the COVID-19 era, women across
    all sectors have shouldered more household — Lithium is needed to produce virtually all
    responsibilities, and more women report feelings batteries currently used in electric vehicles (EVs)
    of burnout. These problems can be more acute as well as consumer electronics. We believe
    for women in healthcare, who have fewer the world will secure enough lithium for the EV
    opportunities to work remotely and report feeling revolution, as long as new mining technologies
    greater pressure to prioritize work over family. In and potential mining sites receive funding, and
    spite of these challenges, healthcare continues end users communicate upcoming needs so that
    to outperform other sectors in the representation lithium miners have enough time to react.
    of women, who make up more than two-thirds of
    entry-level employees and 53 percent of senior- — Our interactive explores how fashion is finding
    managers or above, which is 18 percentage points ways to participate in the metaverse.
    higher than the average across all sectors.
    — McKinsey’s methodology can be used to
    Each sector, industry, and function will have to prioritize investments in innovations based on
    reinvent themselves to achieve maximum growth the economic impact of the health improvements
    and sustainability. Procurement leaders, for they deliver to society.
    example, are facing one of the toughest market
    environments of their careers. Procurement Our latest edition of McKinsey for Kids explores
    organizations need to take a leading role in how programmers use games to teach computers
    protecting enterprise margin and growth, invest how to think, ultimately developing AI. Kids can
    in proven technology and process automation, read, take quizzes, and watch animations to learn
    and build deep expertise in supply market about how the human brain and computers are
    dynamics, among other fundamental changes. A both alike and different and a cornerstone of AI
    pair of articles featuring McKinsey and outside programming called “reinforcement learning.”
    experts explore how the CFO’s role is also rapidly
    evolving—expanding in scope, requiring new In our latest edition of Author Talks, neuroscience
    capabilities, and demanding greater collaboration expert and Cognitas Group cofounder Dr. Laura
    with C-suite peers. Among the most significant Watkins discusses her new book (coauthored
    changes to the role is the demand for CFOs with Vanessa Dietzel), The Performance
    to help promote capability building and talent Curve: Maximize Your Potential at Work while
    development within their organizations. Strengthening Your Well-being (Bloomsbury
    Publishing, November 2021). Using insights from
    Find more content like this on the
    McKinsey Insights App neuroscience, adult development psychology,
    yoga, and behavioral therapy, the book proposes
    practical ways to improve work performance
    without sacrificing mental or physical health.

    Designed by McKinsey Global Publishing


    Scan • Download • Personalize Copyright © 2022 McKinsey & Company. All rights reserved.

    COVID-19: Briefing note #100, April 13, 2022 3

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