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by "Remote" <hello@remote-comms.com> - 12:05 - 13 Jun 2022 -
The week in charts
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Value creation in medtech, lower-carbon energy, and more .Share this email ALL THE WEEK’S DATA THAT'S FIT TO VISUALIZE Our Charting the path to the next normal series offers a daily chart that helps explain a changing world—as we strive for sustainable, inclusive growth. In case you missed them, this week’s graphics explored value creation in medtech, the transition to a lower-carbon energy system, remote-first customer service, decarbonization in the petrochemicals industry, and the consumers seeking healthier food. FEATURED CHART Diagnosis? Stalled growth See more This week’s other select charts Power forward Customer service without the call All in Millennials go organic Follow our thinking Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too.
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by "McKinsey Week in Charts" <publishing@email.mckinsey.com> - 03:10 - 11 Jun 2022 -
La guerra en Ucrania está cambiando el mundo
McKinsey&Company
Además, tendencias críticas y riesgos en la economía global .Comparte este email Destacados mensuales, Junio de 2022 A medida que persiste la guerra en Ucrania, las disrupciones en una variedad de frentes están cobrando fuerza y podrían remodelar las industrias y las economías. Este mes, nuestras historias destacadas se sumergen en la fuerza potencial y la dirección de estos cambios y sus efectos en las vidas y los medios de subsistencia, así como en las posibles ramificaciones de la guerra en los requisitos clave para una transición hacia cero emisiones netas más ordenada. Otros destacados en la edición de este mes incluyen los siguientes temas: - Las últimas tendencias críticas y riesgos en la economía global
- Cómo ha evolucionado el sentimiento y el comportamiento del consumidor estadounidense desde que comenzó la pandemia
- Qué hace que una transformación digital sea exitosa
- El futuro de los bienes inmuebles en el lugar de trabajo
La selección de nuestros editores La guerra en Ucrania: Doce disrupciones que están cambiando el mundo La guerra está devastando vidas y trastornando los mercados. Aquí hacemos un seguimiento de las disrupciones que, probablemente, darán forma a las vidas y los medios de subsistencia, más allá de la crisis inmediata. Navegue la crisis La transición a cero neto tras la guerra en Ucrania: ¿Una desviación, un descarrilamiento o un camino diferente? La invasión de Ucrania, al menos en un principio, complicará el camino de la transición hacia una economía de cero emisiones netas, pero este trágico acontecimiento aún podría ser un punto de inflexión para acelerar el progreso a mediano plazo. Entienda los eventos globales LOS DESTACADOS DE ESTE MES Resumen ejecutivo de Global Economics Intelligence abril de 2022 En medio de la alta inflación y la guerra en Ucrania, persiste una fuerte demanda; las instituciones de pronósticos recortan sus estimaciones de crecimiento. Comprenda las tendencias mundiales Qué están sintiendo, comprando y gastando los consumidores estadounidenses, y qué significa para las empresas La última encuesta Consumer Pulse muestra que, en todo Estados Unidos, la gente ha adoptado nuevos comportamientos y, al mismo tiempo, ha vuelto a sus viejos hábitos. ¿Qué harán a continuación? Conozca las preferencias La transformación digital en la agenda del CEO Las transformaciones digitales exitosas pueden no ser tan elusivas como se cree. Los mejores CEOs saben de antemano cómo es el éxito y qué se interpone en su camino. Mejore más rápido Los bienes inmuebles en el lugar de trabajo en la era de la COVID-19: De centro de costos a ventaja competitiva Las empresas de hoy deben construir lugares de trabajo que les ayuden a realizar sus estrategias. He aquí por qué y cómo. 3 pasos para la transformación Informe sobre el estado de la tecnología de la moda 2022 A medida que se acelera la innovación tecnológica, las empresas de moda tienen la oportunidad de atender mejor a sus clientes y, al mismo tiempo, crear un negocio más eficiente, receptivo y responsable. Manténgase al día ¿Puede la industria automotriz escalar lo suficientemente rápido? El rápido aumento de la adopción de los vehículos eléctricos podría transformar el ecosistema automotriz y promover innovaciones aún mayores. Para que eso suceda, dos imperativos necesitan atención inmediata. Acelere la evolución Podcast Adicional Afrontar el reto de la doble jornada de las madres en el hogar y el trabajo A medida que Estados Unidos emerge de la pandemia, ¿cómo pueden las empresas crear un entorno de trabajo más incluyente para mejorar los resultados de las mujeres en la fuerza de trabajo? Escuche y aprenda más sobre el tema Esperamos que disfrute de los artículos en español que seleccionamos este mes y lo invitamos a explorar también los siguientes artículos en inglés. SPECIAL FEATURES The war in Ukraine The Russian invasion of Ukraine has caused the greatest humanitarian crisis in generations. Here’s how leaders can respond. Navigate through uncertainty The graduate’s guide Recent insights and interviews to help you hit the ground running at your new job or internship during a period of continuing—and profound—change. See the collection Decarbonizing the world’s industries This collection draws together articles and reports that lay out a pathway to net zero for nine emissions-intensive industries. Explore the guide The McKinsey Crossword Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Play now McKinsey Classics Simple communication tweaks based on behavioral research can nudge employees into top form. Read our 2016 classic “How small shifts in leadership can transform your team dynamic.” Rewind Mind the Gap Read a sample of Mind the Gap, and sign up for it or any of our 40+ free email subscriptions. Subscribe — Curated by Eleni Kostopoulos, a digital publishing manager in McKinsey’s New York office Follow our thinking McKinsey Insights - Get our latest
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by "Destacados de McKinsey" <publishing@email.mckinsey.com> - 08:57 - 11 Jun 2022 -
The Daily Read weekender: Now for something a little different
Harmony Internal - McKinsey
Highlights as you ease into the weekend Torea Frey
Managing Editor, SeattleReady for something a little different? The Daily Read is switching things up with a new Friday edition to help you ease into the weekend. You’ll get a glance at our most compelling reads from the week, plus lighter fare to digest in your downtime.
Here’s what broke through this week:• War in Ukraine. The COVID-19 pandemic. Climate change. In a world defined by these and other complex disruptions, how can organizations build resilience to withstand shocks and drive sustainable, inclusive growth? A new paper, free to download, from the World Economic Forum and McKinsey can help.
• Speaking of the global economy—what’s happening with inflation, growth, and more? Our latest Global Economics Intelligence summary offers a snapshot of critical trends and risks.
• Innovation drives growth. Get a lens on how masters of innovation essentials drive outperformance and how virtual work is accelerating innovation. And if you’re holding back worried your big idea will fail, never fear; you can foster a culture that accounts for the human side of innovation.
• Listen to the latest episode of The McKinsey Podcast—this week’s conversation centers on managing the coming wave of investment in capital projects.
• Dr. Jenny Wang dug into why we need to talk about mental health in Asian American communities in the latest from our Author Talks series.
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by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:59 - 10 Jun 2022 -
A quantum leap in the fight again climate change: Quantum computing
The Shortlist
Plus, marketing meets the metaverse .Share this email Our best ideas, quick and curated | JUNE 10, 2022 View in browser This week, how quantum computing has the power to revolutionize the fight against climate change. Plus, the ever-expanding CFO role, and three questions for the director-general of the World Trade Organization. Getting back on track. The daunting climate challenges we face can make the future feel overwhelming for many people. But there are technologies out there—and companies pursuing solutions—that give cause for hope. Here, we look at the emerging technology of quantum computing, and how it could transform the economics of decarbonization and become a major factor in limiting global warming to the target temperature of 1.5°C. From millennia to minutes. Quantum computing leverages the laws of quantum mechanics to produce exponentially higher performance for certain types of calculations. (As an example, factoring a 2,048-bit prime number with today’s supercomputer takes about one trillion years, but with quantum, that calculation could take about a minute.) Even though the technology is in the early stages of development, experts estimate that the first generation of fault-tolerant quantum computing will arrive later this decade. Even now, breakthroughs are accelerating, investment dollars are pouring in, and start-ups are proliferating. Tackling the hard stuff. Quantum computing could help to reduce emissions in some of the most challenging or emissions-intensive areas, such as agriculture or direct-air capture, and could accelerate improvements in technologies required at scale, such as solar panels or batteries. In “Quantum computing just might save the planet,” McKinsey looks at how its computational powers could also be harnessed to make the production of cement emissions-free, improve electric batteries for vehicles, develop better renewable solar technology, use green ammonia as a fuel and a fertilizer, and more. In aggregate. Quantum-computing use cases in five key areas could help pave the way to a net-zero economy. By 2035, these use cases could eliminate more than seven gigatons of carbon dioxide equivalent from the atmosphere a year, compared with the current trajectory, or in aggregate more than 150 gigatons over the next 30 years. Glass half full. The transformation of the global economy that’s needed to achieve net-zero emissions by 2050 will require an exceptional mobilization of resources, expertise, and funds. While that transition is fraught with risks and volatility, it will also bring growth opportunities, as decarbonization creates efficiencies and opens markets for low-emissions products and services. Quantum computing, which can solve specific problems that have long been considered insoluble, could help put the goal of limiting global warming within reach. OFF THE CHARTS The CFO’s ever-expanding portfolio A new survey of chief financial officers found that these execs have increasing influence in organizations. Between 2018 and 2021, the share of roles reporting to the CFO rose in functions including procurement, investor relations, and digital. Check out our chart of the day here. INTERVIEW A Singapore conglomerate gets singular-minded Keppel Corporation, which started off as a shipyard in the 1960s, has reinvented itself several times over the decades, from expanding into the offshore-rig business to ultimately focusing on energy and the environment, urban development, and asset management. Now, CEO Loh Chin Hua is on a mission to transform Keppel, one of Singapore’s leading conglomerates, into a future-ready organization with strong purpose and relevance. “I don’t think transformation is just a matter of providing a narrative,” he told McKinsey in a recent interview. “You have to show that you can execute well.” MORE ON MCKINSEY.COM Marketing in the metaverse | The metaverse represents an opportunity to engage consumers in entirely new ways while pushing internal capabilities and brand innovation in new directions. Here’s how organizations can think about their metaverse marketing strategies for the future. Reimagining the future of financial-services headquarters | All industries are rethinking the future of the office, but the stakes are uniquely high for financial-services firms, which are grappling with how to reorient their offices around learning, inclusion, and innovation. What’s fueling Pakistan’s emerging start-up ecosystem | With a young, English-speaking population and a fast-growing, tech-savvy middle class, Pakistan has many ingredients for a thriving start-up ecosystem. How can it live up to its entrepreneurial potential? THREE QUESTIONS FOR Ngozi Okonjo-Iweala The World Trade Organization’s director-general reflects on the impact of the pandemic on global trade, how to make trade more inclusive, and much more. This is excerpted from a recent episode of the McKinsey Global Institute’s Forward Thinking podcast. How has the pandemic affected the global economy and world trade? The most visible impact has been disruptions to supply chains. When the pandemic struck, many businesses decided there was going to be a long or deep recession and they pulled back on investment plans. The massive amounts of fiscal stimulus, particularly in developed countries, and monetary-policy easing created unprecedented demand for goods. That was also heightened by the shift to e-commerce. So we have a supply–demand mismatch that has led to the kind of supply chain issues that we’ve seen. After the initial dip in global trade, the value of trade declined by about 8 percent. We’ve now seen a rebound based on this higher demand. For the first time, trade is growing faster than GDP. As global trade recovers, how do we foster development and shape more inclusive patterns across the world? While trade has rebounded, there’s a real divergence across the world. You see North America, Europe, and Asia bouncing back strongly, but South America, the Middle East, and Africa are rebounding more slowly. What is responsible for this divergence, and how do we make the recovery more inclusive? There are two factors. One is the amount of fiscal stimulus and monetary-policy easing that economies have been able to do. And the other factor is access to vaccines. That’s why I have emphasized that trade policy is vaccine policy. If we want a more inclusive recovery, we’ve got to sharply reverse the vaccine inequality that we see now. A situation in which 66 percent of people in wealthy countries are vaccinated but only single-digit vaccination numbers in low-income countries isn’t going to do it. An IMF study showed that if we can vaccinate 70 percent of the world by mid-2022, we’ll add $9 trillion to the world economy by 2025. That’s a big piece of creating an inclusive recovery, but we’re not there yet. I think trade has been, and will be, quite instrumental to this recovery. One, in getting vaccines and vaccine inputs from where they are made to where they are needed, and outputs to where they are needed. Two, trade can be part of a sustainable recovery, helping external demand in countries that are recovering faster be available to those that are not. What are some of the opportunities to expand trade that have emerged from the crisis? If we look specifically at Africa, the African Continental Free Trade Area is a market of 1.3 billion people. We need to now make use of that to be able to develop certain industries. If we want to trade more, we need to add value to products. We cannot continue selling the same raw materials or barely processed products if we want to move forward. So there’s a huge opportunity on the continent. But the perception of risk on the continent has not changed. The perception of risk far outweighs the actual risk in investing. When you tell people that in some countries, you can get more than a 30 percent rate of return on investment, they don’t believe you. Getting the IFC, the World Bank, and other multilaterals to put in place instruments that can give comfort to investors would help mitigate those risks. Another opportunity relates to digital trade, which underpins so much of the world economy. Creating rules around the use and adoption of digital technologies also helps small enterprises (many helmed by women) compete. And of course one of the ways that enterprises survived during the pandemic was through digital trade, which can also help developing economies increase their participation in world trade. — Edited by Barbara Tierney Share this Q & A BACKTALK Have feedback or other ideas? We’d love to hear from you. Tell us what you think Follow our thinking Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too.
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by "McKinsey Shortlist" <publishing@email.mckinsey.com> - 09:55 - 10 Jun 2022 -
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by "McKinsey’s Global Survey Panel" <mckinsey_global_surveys@executivepanel.mckinsey.com> - 01:30 - 10 Jun 2022 -
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Nonpromotable work can hurt women’s careers. Why do so many women do it?
McKinsey&Company
That’s a no from me .Saying ‘yes’ to no In the news • Why we say ‘yes.’ Saying “no” to work requests can be difficult for myriad reasons. People are social creatures, for one. There is also reciprocity bias and fear of reputational costs—and of damaging a work relationship. Plus, remote work can impede saying “no,” since colleagues miss the relational connection that comes from being in the same physical space. But there are just as many reasons to say “no,” including avoiding becoming overwhelmed and even burned out. Setting career goals can make it easier to say “no” to the tasks that aren’t in line with your vision. [Fast Company] • Won’t you be my ally? Women continue to face serious barriers in career advancement, including structural roadblocks that prevent access to equal opportunities, confidence hurdles, “boys’ clubs” that exclude women from professional and social networking, sexual harassment, and racial violence. This is why allyship for women is all the more crucial. Women seeking male allies can begin by identifying growth opportunities in their workplaces and then finding individuals who embody allyship—both in words and actions. [HBR] “Women aren’t the problem. Organizational practices are.” On McKinsey.com • Collective expectations. When it comes to nonpromotable tasks (NPTs), women are asked to do them more, say “yes” to them more, and even volunteer for them more. But NPTs are exactly that: non-revenue-generating work—such as putting together slides for someone else’s presentation—that doesn’t advance careers and is often done behind the scenes. All these requests and yeses, says The No Club: Putting a Stop to Women’s Dead-End Work author Lise Vesterlund, mean that women lack the time to do the promotable work. That’s why women struggle to compete for promotions and thus continue to fall behind men when it comes to career advancement. • It’s up to organizations. The solution isn’t to “fix the women,” Vesterlund says in McKinsey’s latest edition of Author Talks. Instead, organizations can bring awareness to the problem and understand and document who is doing what. Awareness is crucial because it highlights why gender equality in the workplace has been so stagnant for decades, she explains, “despite the fact that we’ve been working so, so hard to try to really equalize the playing field and give people equal opportunity.” Organizations can also eliminate practices that increase the amount of NPTs that may automatically go to women, such as taking notes. — Edited by Justine Jablonska Join the “no club” Was this forwarded to you? Sign up here. Or send us feedback — we’d love to hear from you. Follow our thinking This email contains information about McKinsey’s research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy. You received this email because you subscribed to the On Point newsletter. Manage subscriptions | Unsubscribe Copyright © 2022 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007
by "McKinsey On Point" <publishing@email.mckinsey.com> - 10:06 - 9 Jun 2022 -
Cut real-estate emissions
Re:think
A key to meeting net-zero goals When people think about cutting emissions, the focus is usually on reaching net zero by 2050 in order to keep global warming within 1.5° Celsius. What often gets overlooked by companies setting Paris-aligned greenhouse-gas (GHG) reduction targets is that significant reductions need to be achieved by 2030, not just net zero by 2050. Real estate is a key but often overlooked area for companies seeking to hit those 2030 goals.
Real estate accounts for about 40% of all GHG emissions. In our experience, real estate (both new construction and existing buildings) can account for more than half of the emissions that most companies can practically reduce between now and 2030. In other words, you can’t get where we want to be without real estate.
So, targeting real-estate emissions is crucial. But delivering all the emissions cuts that are possible isn’t easy. Most companies with significant real-estate holdings face three key complexities, I’d say.
First, few real-estate owners have a high-fidelity baseline for what their emissions actually are. For a company to say, “Dear shareholder, we’ve reduced our emissions by 40%,” that company has to have some kind of baseline, as well as some kind of mechanism for tracking interventions, which could be as simple as swapping out five light bulbs, replacing a heating system, or shutting off the floor of a building at night. If you’re not actually adding these things up, you can’t prove to anyone—whether that means your shareholders, your lenders, or your tenants—that you’re doing what you said you’d do. Even if companies have developed some form of baseline based off of submeter readings, they often lack real insight into the right abatement activities that can help them reduce emissions and improve on that baseline. In other words, owners may fixate on the starting point but not on the solution.40%
of all greenhouse-gas emissions are related to real estate
The second complexity involves having a holistic view of your real-estate footprint. It would be great if companies could, say, cut their emissions in half by taking one bold action, like putting solar panels on the roofs of every building they own. But we’ve seen time and again that this doesn’t happen. The far more likely route is that a real-estate owner may have hundreds of buildings with enormously different profiles, different amounts of sunlight, different underlying generation mix from the local utility, and different tenant attitudes. To make a real dent in emissions, owners have to look at all the possible levers they have, building by building, and then build a cost curve that shows what’s going to help reduce emissions, what’s going to have an acceptable payback, where is it worth spending the capital, where is it prohibitive. Without that holistic view of your entire real-estate system, you might spend the whole budget and still fall short of your target. One of the most promising benefits about starting on the decarbonization mission early is that tenants are already demonstrating a higher likelihood of lease renewal (and at higher prices) with landlords who are able to offer a lower-carbon facility (or else demonstrate a pathway to a lower-carbon facility). This “green premium” (which has been quantified by academics) can create a positive ROI for many carbon abatement efforts.
The third great complexity of reducing real-estate emissions is that owners have to work through a big ecosystem. Very few companies that own these buildings are equipped to do the actual decarbonization work themselves. Who installs the HVAC system? Who are the vendors, the service providers, who are the tenants in each of the buildings? What can you offer the tenant that is going to help them meet their decarbonization objectives (in a way that improves their tenant experience)? All these actors play a crucial part. So, we see owners pressuring the service provider that’s got, say, the five-year contract managing 50 of their buildings in the US to start swapping out high-emission boilers for heat exchangers with much lower emissions.
Owners aren’t just applying the pressure—they’re feeling it, too, on at least three fronts. Investors, of course, are making this an imperative. Regulatory institutions are weighing in. And tenants are increasingly demanding. We see them coming to landlords and saying, “Hey, I’m in this building that you said was very green, but in fact it’s a large part of my emissions footprint. So, what can you do? And by the way, I might even be willing to pay a premium if you can help me meet my own decarbonization commitments in other ways.”
That’s the thing about this moment. It can seem daunting to a lot of organizations. But most real-estate owners are already sitting on top of the data they need to figure this out. It’s within their walls, even though it may be four layers down in the organization. Companies that make a rigorous effort to get a handle on that data are likely to find lots and lots of ways to start making a serious dent in their emissions. But they need to get started. Time is precious, and 2030 is right around the corner.ABOUT THE AUTHOR
Alastair Green is a partner in McKinsey’s Washington, DC, office.
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IN TWO WEEKSAnu Madgavkar on human capital
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by "McKinsey Quarterly" <publishing@email.mckinsey.com> - 07:29 - 9 Jun 2022 -
Let’s talk about reclaiming mental health in Asian communities
the Daily read
Remove the stigma .Share this email AN ARTICLE A DAY, PICKED BY OUR EDITORS Talking about mental health isn’t easy, especially for those in Asian communities where opening up about such issues can sometimes be stigmatized. That is why it is so important to destigmatize mental-health conversations and promote self-advocacy among the Asian diaspora, according to clinical psychologist Dr. Jenny Wang. Tune into a new Author Talks interview and hear what Dr. Wang has to say about the rise in anti-Asian sentiment during the pandemic, cultural experiences with racism, intergenerational trauma, and why she created the Instagram account @asiansformentalhealth. You don’t want to miss it. — Katherine Tam, digital editor, New York Author Talks: We need to talk about Asian American mental health Dr. Jenny Wang created the Instagram account @asiansformentalhealth in fall 2019. As the pandemic—and anti-Asian hate—spread, it became a haven for Asian Americans seeking mental-health resources. Remove the stigma Quote of the Day “Fundamentally, you need to play defense on risk and offense on growth. That means figuring out how your climate strategy ties into the value creation story.” —McKinsey senior partner Laura Corb on the SEC’s proposed climate risk disclosure rule in a recent episode of the Inside the Strategy Room podcast Chart of the Day See today’s chart Also New Governors-elect have transition teams. What about their cabinets? Unlike newly elected governors, top appointees and officials typically start their jobs without the backing of a transition team. Still, with a strategic approach, they can hit the ground running. Consider 5 steps Finding hidden value with order-to-cash optimization Too often, organizations lose significant value in order-to-cash and inside-sales operations. A deeper understanding of process break points can unlock significant hidden opportunity. Examine deeply How digital helps a life sciences leader move at light speed Pfizer’s Chief Digital and Technology Officer explains how digital is transforming her organization’s ability to bring new medicines to patients at speed and at scale. Understand new innovations Follow our thinking Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too.
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by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:35 - 9 Jun 2022 -
Sangoma Webinar: Sangoma’s new P- Series phone range for all your PBX & UC solutions
Sangoma Webinar: Sangoma’s new P- Series phone range for all your PBX & UC solutions
Sangoma invites you for an exclusive webinar to introduce Sangoma’s P-Series phone range; offering from value-based to a full touch screen executive model. The Power You Need, The Price You Want!
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Patient demand for telehealth is clear. Why aren’t physicians so sure?
McKinsey&Company
Three emerging telehealth trends .Telehealth’s next chapter In the news • Ten thousand apps. Finding a therapist is tough these days, so it’s not surprising that many are turning to mental-health apps to help with everything from anxiety to insomnia. However, choosing the right one may be tricky. More than 10,000 mental-health apps were on the market as of 2017, according to one estimate. Experts recommend looking for programs that teach skills (for example, belly breathing). They also say to find out how the app stores and shares data, and to make sure you’re comfortable with what type of info is collected. [NYT] • Tapping into telehealth. Done well, telehealth can boost patient health, trim costs, and make it easier for those who live in areas with too few health providers to gain access to care. Through digital platforms, telemedicine can enable patients to connect to the best doctors even if they practice hundreds of miles away. Virtual healthcare can also prevent avoidable ER trips. One 2019 study found that ER services for nonemergency, treatable conditions can cost 12 times more than visiting a doctor’s office, a difference of $32 billion each year. [HBR] As the pandemic evolves, consumers still prefer the convenience of digital engagement and virtual-care options, according to McKinsey’s recent survey. On McKinsey.com • Divided on digital health. Doctors and patients aren’t on the same page about telehealth. Although 60% of patients agree that virtual health is more convenient for them than in-person care, only 36% of doctors say the same, reveals 2020 and 2021 McKinsey surveys of physicians and consumers. Physician belief in telehealth’s effectiveness has declined since July 2020. More doctors are also recommending in-person care when possible to their patients, even when they offer telehealth. This may suggest physicians are rethinking virtual care. • Three trends. Meanwhile, patients remain keen on virtual care. Those under the age of 55, in higher income brackets, and with individual or employer-sponsored group insurance are more likely to use telehealth, reveals a March 2021 McKinsey Consumer Survey. Demand for virtual care in mental and behavioral health is also higher than in other specialties, with 62% of mental-health patients completing their most recent visit virtually versus 20% of patients doing so for a primary-care provider. See three trends in telehealth that could color the next few years. — Edited by Belinda Yu Uncover telehealth trends Was this forwarded to you? Sign up here. Or send us feedback — we’d love to hear from you. Follow our thinking This email contains information about McKinsey’s research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy. You received this email because you subscribed to the On Point newsletter. Manage subscriptions | Unsubscribe Copyright © 2022 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007
by "McKinsey On Point" <publishing@email.mckinsey.com> - 12:43 - 9 Jun 2022 -
Building resilience amid crises and disruption
the Daily read
Withstand shocks .Share this email AN ARTICLE A DAY, PICKED BY OUR EDITORS As a global community, we are living through continuous, overlapping crises with long-lasting effects. Yesterday’s risk management practices may not be fit for the future. But public- and private-sector organizations that build resilience could find they’re better able to withstand shocks and bounce back better, while driving sustainable, inclusive growth. A can’t-miss white paper from the World Economic Forum and McKinsey explores how to approach the issue across regions, economies, and industries. Available as a free download, it covers lessons from past crises, analyzes the impact of resilience on growth, and defines a common resilience framework, plus seven themes—including climate and healthcare—shaping the future. Give it a read and get resilient. — Joyce Yoo, digital editor, New York Resilience for sustainable, inclusive growth Resilience should be seen as the ability to deal with adversity, withstand shocks, and continuously adapt and accelerate as disruptions and crises arise over time. Withstand shocks Quote of the Day “If you look at the core reasons why investors are excited, the facts are undeniable. The median age in Pakistan is 23 years. . . . There are almost 19 million either middle class or upper-class Pakistanis, which is bigger than all of Germany.” —McKinsey partner Abdur-Rahim Syed on Pakistan’s emerging start-up ecosystem in a recent episode of the McKinsey on Start-ups podcast Chart of the Day See today’s chart Also New Author Talks: A new way to think about management Predicting the future is impossible, but traditional business models try anyway. Roger Martin says management leaders need to revisit the whiteboard. Get back to basics US polyethylene price evolution and what to expect Prices for petrochemicals in the United States have increased significantly, even beyond what fundamentals would dictate. Get the scoop Understanding the SEC’s proposed climate risk disclosure rule A new rule proposed by the SEC would require companies to significantly increase their reporting on climate risk. We look at the implications for senior executives. Read deliberately Follow our thinking Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too.
Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here.This email contains information about McKinsey’s research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy. You received this email because you subscribed to the Daily Read newsletter. Manage subscriptions | Unsubscribe Copyright © 2022 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007
by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 06:14 - 8 Jun 2022 -
[Webinar] Build a foundation for integration success
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join us on June 22nd at 12pm PT/ 3 pm ET!Hi Md,
How are you preparing your IT ecosystem for the future? Nucleus Research states that "integration platforms have become essential for their ability to manage data flows, ensure data quality, and support ever-changing software ecosystems by uniting disparate systems and applications."
Join us June 22 at 12pm PT / 3pm ET and learn " How to build a technology foundation for integration success".
Nucleus Research and Tray.io will cover:
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You're' invited 🎙 Webinar: Remote for refugees
You're' invited 🎙 Webinar: Remote for refugees
Register today for our online discussion on Remote for refugees.Hi MD,
You are invited to join Remote's VP of Special Operations, Filipa Matos, Senior Product Marketing Manager, Peter Maher, and Lorraine Charles, the Co-Founder and Executive Director of Na'amal, for our next webinar.
🎙 Webinar: Remote for refugeesDate: 20th June
Times: 8:00 AM UTC | 9:00 AM BST | 10:00 AM CET
What will you learn?
- Practical insights to help employers and hiring managers find forcibly displaced talent
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Lorraine Charles: Co-founder & Executive Director at Na'amal
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Don't Miss Out On This Live Webinar On How are AI dashcams transforming transport management systems?
Don't Miss Out On This Live Webinar On How are AI dashcams transforming transport management systems?
Live Webinar - Register for Free!!!
We are happy to announce that we’ve collaborated with Howen Technologies for another exciting webinar. On 16th June 2022, expert speakers from Uffizio and Howen Technologies will talk about the role of AI dashcams in the transport industry.
Tune in with us and learn more about how AI dashcams are changing the face of transport management systems. See how artificial intelligence is affecting fleet management operations.
If you’re in the business of fleet management or simply exploring advanced fleet management solutions—this webinar is for you.June 202216Thursday15:00 IST (Indian Standard Time)Free Register Agenda
1. Company profilesSee what Uffizio and Howen Technologies have to offer you.
2. Why does the transport industry need AI dashcams?Let's speculate why AI dashcams have become so important in the transport sector. The risk of accidents, the rising cost of vehicle repairs, and pricey insurance premiums are just a few reasons to get you started.
3. How are modern dashcams changing the face of fleet management systems?ADAS and DMS have raised the standards of safety. They have changed the way drivers get assessed and monitored. We’ll discuss how AI dashcams can enhance video telematics—in a way that benefits all involved parties.
4. Howen reveals their new Smart AI dashcams!
What makes Howen’s new dashcams so smart? Let’s find out together!
5. How do these AI dashcams function on Uffizio’s fleet management software?You need a fleet management system to store, analyze, and understand the data generated by Howen’s AI dashcams. See how Uffizio’s platform can help you make the most out of your dashcams.
6. Question and AnswersOur speakers will take questions from the audience and answer them in this segment.
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by "Uffizio Technologies Pvt Ltd" <official@uffizio.in> - 08:29 - 8 Jun 2022 -
How is the war in Ukraine changing the world? See the effects in 12 charts.
McKinsey&Company
Ukraine’s sweeping economic impact .Ripple effects In the news • The great shake-up. The war in Ukraine has set off a chain of reactions that is reshaping the whole world. Some countries, particularly in Africa and the Middle East, are experiencing huge price spikes in wheat, cooking oil, and other agricultural products. The exodus of 5.8 million Ukrainian refugees, shortages of natural gas and oil, and political and military realignments mean that life is changing in profound ways across the globe. [NPR] • Economic repercussions. The Ukraine invasion’s domino effect on the world economy is gradually becoming clear. The IMF and World Bank have both cut global growth forecasts, citing the war’s impact on the price of commodities traditionally supplied by the region. Central banks are attempting to tame inflation with aggressive interest rate hikes, which is rattling financial markets. The situation is also intensifying supply and demand imbalances and harming consumer sentiment. [CNBC] The war is aggravating financial-system risks such as inflation-led recession, a deflating bubble in China’s property sector, and gridlock in the payments system. On McKinsey.com • Facts and figures. In 12 charts, McKinsey examined the consequences of the war in Ukraine for society and the global economy. A few headline numbers: a key index of food prices could rise by as much as 45% this year, McKinsey analysis suggests. In 2021, Europe imported 36% of its gas from Russia; the continent could reduce this to 10% this year. About 80% of Western tech firms have exited Russia or are scaling back, while more than 60% from other parts of the world are staying put. • Twelve disruptions. The war’s effect on supply chains and on the future of globalization is multifaceted, dynamic, and will depend on its duration and intensity. McKinsey has put data behind our view on how several scenarios are likely to play out. “Just in time” supply chain management is giving way to “just in case” approaches. Global tech standards are now more likely to separate than to unify. Defense spending is on the rise. Explore 12 disruptions that are changing our world. — Edited by Katy McLaughlin See the big picture Was this forwarded to you? Sign up here. Or send us feedback — we’d love to hear from you. Follow our thinking This email contains information about McKinsey’s research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy. You received this email because you subscribed to the On Point newsletter. Manage subscriptions | Unsubscribe Copyright © 2022 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007
by "McKinsey On Point" <publishing@email.mckinsey.com> - 12:22 - 8 Jun 2022 -
Learn More About Software Quality Market Trends with IDC Research Director [Webinar Invite]
Join us to learn more with IDC Research Director Melinda-Carol BallouHey Abul!
On June 14th, we are hosting a webinar to explore key findings from the recent IDC MarketScape research on Automated Software Quality and Continuous Testing.
Join us for this informative panel discussion with guest speaker Melinda-Carol Ballou, IDC Research Director, and SmartBear Senior VP of Product Marketing Joanna Schloss.
Highlights include:- How shifting left approaches are pulling quality earlier into development to enhance relevance, and responsiveness, time, and expense
- How AI and smart analytics are shaping the future of testing through automation, self-healing, and autonomous testing.
- How to establish effective continuous testing and quality strategies that encompass new and evolving development approaches like cloud-native and no-code/low-code.
Hope to see you there,
Cynthia Gumbert
P.S. We will be sharing a recording of the live session after the event in case you cannot attend!
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by "Cynthia Gumbert" <cynthia@smartbearmail.com> - 09:40 - 7 Jun 2022 -
The latest on inflation, world trade, and unemployment in China
the Daily read
Get updated .Share this email AN ARTICLE A DAY, PICKED BY OUR EDITORS Inflation is everywhere and its effects are being felt all over the globe. The latest update on McKinsey’s Global Economics Intelligence explores rising food and energy prices, slow GDP growth and growing unemployment in China, a slowdown in world trade, an increase in interest rates, the World Economic Forum (WEF)’s meeting in Davos, and more. For a deeper dive on the key issues affecting the world economy, be sure to check out the full Global Summary Report and the Critical Trends and Risks. — Joyce Yoo, digital editor, New York Global Economics Intelligence executive summary, May 2022 Central banks move against inflation; US industry expands while China’s economy contracts amid COVID-19 measures; supply challenges persist. Get updated Quote of the Day “The healthcare industry is being rewired across the entire patient journey. . . . The intersection of healthcare with the digital sector is accelerating this transformation. The pandemic acted as a catalyst, making people more fluent in using digital technologies and more receptive to virtual engagement.” —Lidia Fonseca, Chief Digital and Technology Officer at Pfizer in “How digital helps a life sciences leader move at light speed” Chart of the Day See today’s chart Also New Houston as the epicenter of a global clean-hydrogen hub Clean hydrogen is emerging as a viable way to reach net zero. In the United States, clean-hydrogen efforts in Houston, Texas, could serve as a template for other regions. Read the report Author Talks: Think digital People have long worried about being replaced by machines, but Tsedal Neeley says the true threat to job security in the digital age is other humans—namely those who know how to use digital tools. Improve your skill set Fear factor: Overcoming human barriers to innovation Worries about failure, criticism, and career impact hold back many people from embracing innovation. Here’s how to create a culture that accounts for the human side of innovation. Embrace new possibilities Follow our thinking Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too.
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by "McKinsey Daily Read" <publishing@email.mckinsey.com> - 05:14 - 7 Jun 2022 -
MD, Today's 🎙 webinar starts in less than 1 hour.
MD, Today's 🎙 webinar starts in less than 1 hour.
Webinar: Improving Life-Work Balance for Your Remote WorkforceHi MD,
🎙 WEBINAR: Improving Life-Work Balance for Your Remote Workforce
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by "Remote" <hello@remote-comms.com> - 10:32 - 7 Jun 2022