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Investing in human capital, supporting Black economic mobility, understanding ESG, and more big reads for the weekend

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CURATED PICKS FOR YOUR DOWNTIME, FROM OUR EDITORS

Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities

Get cozy this weekend as you catch up on this week’s big reads on prioritizing human capital, investing in Black economic mobility, digital and analytics in life sciences, and more.

Anu Madgavkar, Bill Schaninger, Dana Maor, Olivia White, Sven Smit, Hamid Samandari, Jonathan Woetzel, Davis Carlin, and Kanmani Chockalingam explain why firms that prioritize investing in employees deliver top-tier profitability.

Emphasize skill development

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Shelley Stewart III, Ammanuel Zegeye, and their coauthors discuss the eight socioeconomic pillars that can support the growth of Black-owned businesses and bolster Black economic mobility.

Download the full report

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Bjorn Albrecht, Dan Tinkoff, Lieven Van der Veken, and their coauthors explore the life sciences industry’s digital maturity over the years and lessons for the future.

Bring the capabilities together

Our weekly briefing note on sustainable and inclusive growth explores how to advance toward a decarbonized future while enduring near-term economic shocks, the economics of decarbonizing fleets, a McKinsey Explainer on ESG, and more.

Get updated

QUOTE OF THE DAY

“Advanced connectivity will also mean more preventive medicine, and applied AI and industrialized machine learning will significantly impact science. Think of all the different cancer genomes and all the available treatments, for example. AI can analyze those and predict the best treatment options.”

—Jan Van Ruymbeke, CEO of Daiichi Sankyo Europe, on which tech trends he thinks will deliver the most impact in life sciences in the next few years in “How Daiichi Sankyo Europe drives growth with digital and analytics”

chart of the day

Chart of growth in revenue and margin for battery value chain

See today’s chart

Ready to unwind?

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What is ESG?

Environmental, social, and governance (ESG) criteria are useful in measuring a company’s progress toward achieving social goals in addition to creating shareholder value.

Unlock the value

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Data Points: Your weekly quiz

How well do you know the numbers behind the changes in business, society, and the world? Take the McKinsey weekly quiz to find out.

Take the quiz

69-Across: Two-word Elvis Presley hit whose first word can follow each highlighted word in the grid to make a 69-Across

Know the answer? Test yourself with the latest McKinsey Crossword, “Woof!” | No. 113.

Work like a dog

— Edited by Joyce Yoo, editor, New York

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by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:37 - 3 Feb 2023

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