• The week in charts

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    US diverse-owned businesses, LDES technologies, and more ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
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    The Week in Charts
    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 the value of diverse-owned businesses, long-duration energy storage (LDES) technologies, the corporate sector’s reaction to the war in Ukraine, sustainable operations for semiconductor manufacturers, and Americans’ pessimism about economic opportunity.
    FEATURED CHART
    Diverse building blocks
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    This week’s other select charts
    Storage as a power play
    Corporations take a stand
    Sustainable sources for fabs
    Tempered expectations
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    by "McKinsey Week in Charts" <publishing@email.mckinsey.com> - 03:28 - 2 Jul 2022
  • Here’s how work experience adds to the value of human capital

    McKinsey&Company

    Plus, when it comes to innovation, what are we afraid of? ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
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    Monthly Highlights, July 2022
    As humans, we each have a unique living, breathing set of capabilities. We also have an innate set of fears: in the workplace, this can translate to fear of criticism, fear of uncertainty, and fear of harming one’s career. Organizations that prioritize and strengthen employee development not only enable their workers to realize their full career potential but also foster an organizational culture of innovation. This month, our featured stories look at how work experience contributes to almost half of the value of human capital—that is, the collective knowledge, attributes, skills, experience, and health of the workforce—as well as why the culture and employee experience of innovation correlate highly with an organization’s overall success at innovating. Other highlights in this month’s issue include the following topics:
    • Silicon Valley’s Marc Andreessen on tech trends such as artificial intelligence, crypto, and Web3
    • the emergence of the metaverse and its value creation potential
    • the latest on inflation and an analysis of the world economy
    • how public- and private-sector organizations can achieve resilience and be ready to withstand shocks
    Editor’s choice
     
    Human capital at work: The value of experience
    Human capital represents two-thirds of wealth for the average individual—and work experience contributes almost half of that value.
    Follow the knowledge   >
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    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   >
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    THIS MONTH’S HIGHLIGHTS
    Marc Andreessen image
    ‘Find the smartest technologist in the company and make them CEO’
    In the first episode of the new The Quarterly Interview: Provocations to Ponder series, Silicon Valley’s Marc Andreessen tackles tech trends like artificial intelligence, crypto, and Web3—and why incumbents still have a tough time competing with digital start-ups. Join the conversation
    illustration two females standing in metaverse
    Value creation in the metaverse
    With its potential to generate up to $5 trillion in value by 2030, the metaverse is too big for companies to ignore. Enter the metaverse
    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
     
    Plant sprouting in dry soil
    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
    Rishad Premji
    Inside Rishad Premji’s quest to create a high-performing culture at Wipro
    The executive chairman of global technology services company Wipro wants to promote cultural change at the 77-year-old organization by institutionalizing five habits in the workplace. Transform the mindset
    Reflections on 20 years of McKinsey on Finance—and three challenges ahead
    Revolutionary innovations, brilliant ideas, and climate imperatives will change everything—except the fundamentals of finance and economics. Take a step back
     
     
    ALSO NEW
    Black representation in the beauty industry
    Americans are embracing flexible work—and they want more of it
    How to be a great 21st-century CEO
    Probing reality and myth in the metaverse
    The next frontier for AI in China could add $600 billion to its economy
    Author Talks: George Floyd’s America revisited
    Navigating inflation in retail: Six actions for retailers
    Three new mandates for capturing a digital transformation’s full value
    Five Fifty: The future of the space economy
     
    SPECIAL FEATURES
    Environmental, social, and governance report
    Environmental, social, and governance report
    Last year marked a pivotal moment for McKinsey, which set a long-term aspiration to help shape and accelerate a new era of growth that is both sustainable and inclusive. Download the full report
    Author Talks
    Author Talks
    Discover our latest interviews with authors of books on business and beyond. Smarten up
    My Rookie Moment
    My Rookie Moment
    McKinsey senior colleagues share their formative early-career experiences to help you navigate yours. Watch the latest episode
     
    The McKinsey Crossword
    The McKinsey Crossword
    Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Play on
    McKinsey Classics
    McKinsey Classics
    Basic trends and responses in bank risk can reveal the future of the risk function throughout big business. Read our 2016 classic “The future of bank risk management.” Rewind
    Leading Off
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    Read a sample of our Leading Off newsletter, and sign up for it or any of our 40+ free email subscriptions. Subscribe
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    by "McKinsey Highlights" <publishing@email.mckinsey.com> - 11:58 - 2 Jul 2022