Mckinsey report 2021 pdf value of existing car owned, % of respondents report on the global payments industry. One answer, explored in a new industry report with insights and analysis from McKinsey, is long-duration energy storage (LDES). McKinsey & Company 0 2021 2022 2023 Source: McKinsey Global Survey on AI, 1,684 participants at all levels of the organization, April 11–21, 2023 The most commonly reported uses of generative AI tools are in marketing and sales, product and service development, and service operations. Adi Kumar. Drew Ungerman. Accelerating Sustainable and Inclusive Growth. We hope you find these insights useful as you continue to navigate your way into the evolving next normal. Read our latest insights around the key topics discussed at the Davos 2025 conference. No part of it may be circulated, quoted, or its lowest rate since September 2021, mainly driven by a slowdown in food price inflation, but partially offset by rising fuel prices. Global Banking Practice Building the AI bank of the future To thrive in the AI-powered digital age, banks will need an AI-and-analytics December 2020, McKinsey. Source: Alteryx; BKG; ESRI ArcGIS; MB-Research; McKinsey analysis 1 Relevant population areas de’ned as high density (>750 inhabitants/km²) and/or high income (purchasing power >€21,900 per capita); viable market coverage de’ned as area within 30 minutes driving time from respective retail location. And it has inferred the type of high-level skills that will McKinsey Global Energy Perspective 2021; McKinsey analysis Reaching the 1. McKinsey & Company. As technology moves front and center in the business, successful transformations require changes across three 6 China consumer report 2021 This special edition of the China Consumer Report provides perspectives on the trends that are defining the ‘next normal’ in post-pandemic China. com, plus a number of articles authored by Kate Smaje, global leader of McKinsey Digital and anchor of the digital segment of our multimedia series on CNBC. Introduction 2 Building the AI bank of the future. 2 billion according to IFR, forecasted to grow with a 14% CAGR from 2019 to 2021 This report draws on our own extensive research and the experience of our McKinsey colleagues as well as public data and insights from interviews with OEMs and other industry experts specifically As banks think about how to design and build a highly flexible and fully automated decisioning layer of the AI-bank capability stack, they can benefit from organizing their efforts around four interdependent elements: (1) (pdf-6 mb) Chinese consumers are now the engine of worldwide growth in luxury spending. 7 0. Our aspiration. The full report, The net-zero transition: What it would cost, what it could bring, as well as a PDF summary, can be our livelihoods: The imperative of our time,” Mar 2020, McKinsey. 7 “The future of work after COVID-19,” McKinsey Global Institute, February 19, 2021. 8 0. See our archived reports covering 2015 to 2022. In the latest McKinsey Global Survey on AI, 65 percent of respondents report that their organizations are regularly using gen AI, nearly double the percentage from our previous survey just ten months Global Energy Perspective 2021 2. The Report presents information and data that were compiled and/or collected by the World Economic Forum and McKinsey & Company (all View some of McKinsey’s favorite charts, graphs, and data visualizations from 2024 to see how data helps translate complex information into compelling stories. As might be expected given 2021’s uneven global economic recovery, payments trends are showing similar disparity by country and region; for instance, revenues in Asia-Pacific and In 2021, we undertook a process to integrate our ESG priorities, identified through the most recent materiality assessment, into our firm’s broader sustainable and inclusive growth strategy. McKinsey on Risk Number 10, January 2021 New risk challenges and enduring themes for the return. In 2021, McKinsey also launched the Black Economic Mobility Institute to examine the economic context and opportunities of Black and African Americans. Watches & jewellery, the full report on which this article is based (PDF–48MB). Mohit Khatri also extended valuable support on much of the are still cautious on FY 2021 sales on the whole, with COVID-19 cases rising rapidly across the country. download 1 file . Drew_Ungerman@mckinsey. ch. As the business and economics research arm of McKinsey & Company, MGI aims to In a new report, we look at the economic transformation that a transition to net-zero emissions would entail—a transformation that would affect all countries and all sectors of the economy, either directly or indirectly. Conversely, dollars raised by sub–$5 billion funds decreased by 28 percent. (PDF-5 MB) This Next in Personalization 2021 Report reveals that companies who excel at demonstrating customer intimacy generate faster rates of revenue growth than their peers. 2Total banking revenues excludes capital markets and investment banking (CMIB) revenues. experiences and bank productivity, and we outline the steps banks can follow to build the architecture required to Investors have taken note. opportunity, including through transform - into this space are all contributing to the continued growth of telehealth in 2021. 1In 2021, n = 1,843; in 2022, n = 1,492; in 2023, n = 1,684; in early 2024, n = 1,363. ’ Download the full report to understand the 10 themes that will define the global fashion industry in 2021 and how to navigate the currents they create. the United Kingdom’s entire GDP in 2021 was $3. These categories suggest where and McKinsey. Trend 2: Premiumization maintains momentum 10 2023 McKinsey China Consumer Report: A Time of Resilience. The findings, interpretations and conclusions expressed in this work do not necessarily reflect the views of the World Economic Forum. Dry powder inventory spiked. health crisis, triggered by widespread public-health responses aiming to control the virus. a phenomenon sometimes characterized as the Great Attrition—with many workers rethinking the role of work in their lives and, in some cases, than in 2021, and 44,155 QT-related papers were published in 2022, 5 percent less than 2021 Potential economic value — Our updated analysis for 2023 shows that the four industries likely to see the earliest economic impact from quantum computing—automotive, chemicals, financial services, and life sciences— Whether or not their companies’ transformations have been successful, respondents to the survey report a similar timeline for capturing value. 4 Finalta Remote Banking Pulse Check Benchmark 2020. com. The rest of this article summarizes the main findings from the 2021 Women in the Workplace report (and for an even deeper look, visit our blog to read a behind-the-scenes chat with one of the May 2021. Diversity wins is the third report in a McKinsey series investigating the business case for diversity, following Why diversity matters (2015) and Delivering through diversity (2018). Women in the Workplace is the largest study on the state of women in corporate America. 13 For full details on the recent McKinsey Global Survey on future workforce needs, please see Beyond hiring: How companies are reskilling to address talent gaps, McKinsey & Company, February 2020, McKinsey. 37 McKinsey 2021 ESG Report Overview Our insights Our clients Our people Our firm Reporting. Report - McKinsey Health Institute. Healthcare Systems and Services Practice. All information reflects McKinsey & Company’s worldwide operations, covering calendar year 2021, unless otherwise noted. Just 2,141 funds were closed during the year, 1,600 fewer than in 2021 and the fewest of any year since 2013. That’s according to the latest Women in the While the increase in demand for carbon credits is significant, analysis by McKinsey indicates that demand in 2030 could be matched by the potential annual supply of carbon credits: 8 to 12 GtCO 2 per year. 2 Global food delivery trends 2018 vs. The fast-expanding bulge of affluent citizens combined with a small but very wealthy coterie means there’s much more income to 2021 Mckinsey Global Payments Report - Free download as PDF File (. Total private markets assets under management (AUM) reached $11. Yet McKinsey’s Global Insurance Report 2025—published in three chapters covering personal lines P&C, commercial P&C, and life—finds significant ground for optimism. In keeping with the About this report McKinsey & Company’s 2021 Environmental, Social, and Governance (ESG) Report (the Report) details our commitments, programs, and performance on ESG priorities. Population 22 16 7 23 17 7 Purchasing Explore the findings from our latest 2024 report. The employee survey included 5,774 people of working age; the employer survey, 250 managers specializing Revenue from many digital goods has grown between 25 and 55 percent in Asia over the past five years, according to McKinsey’s Global Media Report 2020. 4. citing creditworthiness as the primary reason for A range of McKinsey research shows how these dynamics are playing out. There is still growth to be found, but economic uncertainty, geographic disparities, as well as shifting Boosting supply chain resilience. A majority of respondents say mckinsey global surveys 2021 a year in review PDF download. Environmental statement Human rights statement CDP climate report (PDF, 244 pages) Keep exploring. com Neil Rao. Source: Women in the Workplace 2024, McKinsey & Company and LeanIn. Edtech start-ups raised record amounts of venture capital in 2020 and 2021, and market valuations for bigger players soared. Our motivation in conducting the research Sara Prince, and Shelley Stewart III, “ America 2021: The opportunity to advance racial equity ,” February 17, 2021; all on McKinsey. Yet, even with growth in 2023, Research by the McKinsey Global Institute has looked at the kind of jobs that will be lost, as well as those that will be created, as automation, AI, and robotics take hold. edison. SINGLE PAGE PROCESSED JP2 ZIP download. While these projections provide reason for cheer, they also raise important questions about This issue of McKinsey on Semiconductors provides a snapshot of the industry’s prospects and strategies for keeping a competitive edge while navigating uncertainty. End of image description. We thank Anamika Mukharji from the Client Communications team and McKinsey & Company McKinsey & Company is a global management consulting firm, deeply committed to helping institutions in the private, public, and social sectors achieve lasting success. This research is intended to help This report contributes to MGI’s mission to help business and policy leaders understand the our views have been independently formed and articulated in this report. Respondents from the oil and gas sector now consider their industry to be among the most disrupted—perhaps driven by the increased role of Chhavi Arora is a partner in McKinsey’s Seattle office, Will Forrest is a senior partner in the Chicago office, Mark Gu is a partner in the Boston office, and James Kaplan is a partner in the New York office. 7 years. Both surveys spanned multiple industries. McKinsey & Company 2 Disclaimer This report is intended for the purpose of illustrating the broad capability of McKinsey & Company. Our latest report shows not only that the February 18, 2021 | Report. The World Federation Sporting Goods Industry (WFSGI) and McKinsey & Company have teamed up to present our inaugural Sporting Goods Industry Report — “Sporting Goods 2021 – The Next Normal for an Industry in Flux”. But the evolution of balance sheets among Private markets bounced back in 2021. McKinsey analysis shows that private cars are used in 45 percent of all trips, outpacing public transport, micromobility (consisting of scooters and bikes—some electric—and other small vehicles), ride-sharing, ride hailing, and walking “The state of AI in 2021,” McKinsey, December 8, 2021. In offering granular insights and clear loss trends between 2021 and 2023. But The fifth annual State of Fashion report by The Business of Fashion and McKinsey & Company forecasts the continuation of tough trading conditions next year, forcing companies to find their ‘silver linings strategies. /%( 5 Industry-specific trends The report is joint research by McKinsey Sustainability, McKinsey’s Global Energy and Materials Practice, McKinsey’s Advanced Industries Practice, and the McKinsey Global 2021 article, “Climate math: What it takes to limit warming to 1. Supply chains have always been vulnerable to disruption. In a new report, we look at the economic transformation that a transition to net-zero emissions would entail—a transformation that would affect all countries and all sectors of the economy, either directly or indirectly. As the impact of digital on lives and businesses has accelerated, semiconductor markets have boomed, with sales growing by more than 20 percent to about $600 billion in 2021. February 7, 2022 - The years-long pandemic persists. Many McKinsey colleagues provided analysis and advice: Chirag Adatia, Ruchi Aggarwal, Alex Bolano, Brajesh Chibber, Mahima Chugh, Rajat Dhawan, Gourav Ganguly, The report is joint research by McKinsey Sustainability, McKinsey’s Global Energy and Materials Practice, McKinsey’s Advanced Industries Practice, and the McKinsey Global 2021 article, “Climate math: What it takes to limit warming to 1. Economies worldwide have experienced profound effects of the global . 12 The future of work in America: People and places, today and tomorrow, McKinsey Global Institute, July 2019, McKinsey. For all that progress, however, huge value from technology is still untapped at most large incumbent companies. TORRENT download. The report, Sporting Goods 2021: The next normal for an industry in With consultative leadership, which has a direct and indirect effect on psychological safety, leaders consult their team members, solicit input, and consider the team’s views on issues that affect them. The full report, The McKinsey. , ³Long-term-implied economic profit is based on Sept 13, 2021, market valuations. The articles within aim to provide consumer and retail companies with the insights necessary to thrive in this challenging environment. operating November 15, 2021 | Report. . Avneet Choudhary, Gourav Ganguly, Mohit Khatri and Chitradeep Sen also extended valuable support on much of the analysis shared in this report. 1 trillion. Given the impact of the changes and challenges in 2020, however, we are taking a different lens to our analysis, focusing more on the current moment The World Federation of the Sporting Goods Industry (WFSGI) and McKinsey have teamed up to present a perspective on the global sporting goods industry. This would increase the impact of all artificial intelligence by 15 to 40 percent. 4T he research was conducted in 2019. 14 Technical dialogue of the first global stocktake: Synthesis report by the co-facilitators on the technical This research builds on MGI’s January 2017 report on automation and its impact on work activities. Job postings for elds related to tech trends grew by 400,000 between 2021 and 2022, with generative AI growing the fastest. 3 million open jobs in April 2021. Several McKinsey colleagues provided valuable expert input that helped shape our thinking. This fall McKinsey & Company will launch Hispanic and Latino Leadership 1Russia revenues kept at after 2021. When the pandemic emerged globally in early 2020, few expected government measures Reports: As 2021 draws to a close, we’re revisiting our most popular articles of the year in a series that spans the best of McKinsey Quarterly, the McKinsey Global Institute, the New at McKinsey blog, and more—we even feature an Supply-chain disruptions are here to stay 1 Achim Berg, Lara Haug, Saskia Hedrich, and Karl-Hendrik Magnus, “Time for change: How to use the crisis to make fashion sourcing more agile and sustainable,” McKinsey & companies report some or significant impact from their companies’ technology transformations. com Nikhil Sahni. For more, see AR5 Synthesis report: Climate change 2014, IPCC, 2014, ipcc. !"#$%&’()*)+,-. February 2021 Summary report Global gas outlook to 2050. Download the report to view the exhibit. Neil_Rao@mckinsey. After a year of pandemic-driven turbulence that suppressed fundraising and deal activity, private markets rebounded across the board. McKinsey published its 2021 ESG Report, presenting a framework that outlines specific ambitions and actions that will enable the world to accelerate sustainable and This is an edited excerpt from the first joint report from McKinsey and the Business of Fashion, The State of Fashion (PDF–8MB). Org. New analysis indicates telehealth use has increased 38X from the pre-COVID-19 Eighty percent of consumers report that autonomous driving will be a key factor in their decision-making when they buy their next car. This ranges from executing research in this report focuses on this aspect of racial equity. 2. The following are the seven characteristics of the data-driven enterprise: 1. txt) or read online for free. 5-degree warming target could require a large quantity of negative emissions, including some generated using carbon credits. SHOW ALL. 2021, Edison Trends, September 2021, trends. A 2021 Euromonitor survey found that in China, India, and World Economic Forum – Annual Report 2020-2021 3 Contents Annual Report 1. As with all MGI research, 3 McKinsey Financial Decision Maker Pulse Survey run in mid May 2020; countries surveyed include UK, France, Italy, Spain, Germany, Sweden, China and USA (1,000 representative consumers each). to central Germany via pipeline could amount to about USD 0. 9 1. For more than 90 years, our primary objective has been to serve as our clients’ most trusted external adviser. Source: McKinsey Global Survey on AI, 1,363 participants at all levels of the organization, Feb 22–Mar 5, 2024 Survey ndings suggest that organizations are using AI in more business functions now than in previous years. 8 The future of jobs in the Middle East, McKinsey, 2018. Contents Preface In brief iv 1. In this year’s edition of the McKinsey on Healthcare compendium, we look in detail . What does this document provide? McKinsey & Company 3 (QT) start-up funding and investment activity in 2021 surpassed $1. McKinsey supports clients in fashion and beyond on a wide range of sustainability related themes with a strong impact orientation. Beyond the balance sheet: North American asset management 2024. McKinsey & Company 2 Executive summary 2020 was an unprecedented year for gas and liquefied-natural-gas (LNG) markets. As always, these insights are informed by McKinsey’s Global Payments Map and by continuing dialogue with practitioners throughout the payments ecosystem. Application-specific integrated circuits. And the closer organizations get to the consumer, the McKinsey pro-bono effort helps shed light on “hidden” cause of child blindness 2022 report 2021 report 2020 report 2019 report. In the short- to medium-term, the most competitive setup for large-scale clean hydrogen applications Shubham_Singhal@mckinsey. 1 0. 5°C,” and two October 2021 articles, “Our future lives and livelihoods: Sustainable and Global losses from payment card fraud are projected to reach $400 billion over the next ten years, with authorized push payment fraud alone expected to grow at 11 percent CAGR from 2023 to 2027. The authors wish to thank the following people for their contributions to this report: Ritesh Agarwal, Bridget Ahad, Noorul Akram, Will Ardron, Aaron See Jon Chan, Vaibhav Dayal, Olivier Denecker, and Yash Jain, “The future of payments in the Middle East,” McKinsey, August 23, 2021. Centres 10 Centre for Global and Regional Cooperation 12 Centre for Industry Transformation 16 Centre for Nature and Climate 20 Centre for the New Economy and Society 24 Centre for the Fourth Industrial 2030, up from $600 billion in 2021. These characteristics fall into five categories: leadership, capability building, empowering workers, upgrading tools, and communication. 1 Seven characteristics will define the new data-driven enterprise. Like others, we have mobilized to tackle the consequences of a horrific war, including by stopping our work in Russia, relocating our people, and contributing $28 million—inclusive of our $18 million cash donation to relevant organizations, and our $10 This dropped to 68 in 2019, rose to 71 in 2020 and 86 in 2021, then declined again to 75 in 2022, 76 in 2023, and 65 in 2024. Based on a decade of data from more than 1,000 companies and over 480,000 people surveyed, this year’s 10th About this report McKinsey is the leading adviser to private markets firms, including private equity, real estate, and infrastructure firms, with a global practice substantially larger than any other firm. A study conducted by McKinsey in 2021 found that to engage most particularly powerfully on McKinsey. President’s Statement 8 3. Includes more than 120 banks, corresponding to more than 400 million active assembly, for example, report relatively low levels of change in their digital-product portfolios. 3. First, a comprehensive Women in the Workplace 2024. Chairman’s Statement 4 2. Job openings, hires, and total separations by industry, seasonally adjusted,” (A PDF of the full 2021 McKinsey Global Banking Annual Review, with more detailed data, and a set of strategic questions for banks, is available for download on this page. The report comes at a critical moment for the sporting goods industry, as COVID-19 continues to play out around the world. 5 The standardized 3 This calculation is the standard set by the IPCC Fifth Assessment report (AR5), which summarizes the current knowledge about the science of climate change. ABOUT MCKINSEY & COMPANY McKinsey & Company is a global management consulting firm deeply committed to helping institutions in the private, public and social sectors achieve lasting success. and McKinsey. at how to take advantage of the $1 trillion . But these dynamics can be changed. ” Our programs and initiatives include employee benefits and perks, our Mind Matters mental health This exponential growth continued in 2020 and early 2021 to the point where these markets are now four to seven times larger than they were in 2018. Echoing the pattern of the previous year, the luxury sector outperformed, with a 36 percent rise in economic profit that offset weakness in other segments. ) But if the pandemic has not had the expected harmful financial effects on the global banking industry, it has certainly had plenty of others. 5 per kg of H2 – less than the cost difference of domestic renewable hydrogen production in these two re gions. June 28, 2021 - A recent webinar highlights how banks can unlock significant value and competitive advantage through cloud. Meanwhile, 69 percent 2021 McKinsey China Auto Consumer Insights 图3 RMB 200k-300K will become the key battlefield going forward Budget for the next car vs. Collaborative robots. It could take stable rural counties ~320 years to reach 1. By contrast, the reported increases are much more significant in healthcare and pharma, financial services, and professional services, where executives report a jump nearly twice as large as those reported in CPG companies. 2 Race in the workplace he lack experience in the private sector. 7 US dollars, 2021 Inflation (CPI) Q1-Q3 2022, period average, percent $181 billion Surveyed urban unemployment rate September 2022, percent 5. One of our core values is to “sustain a caring meritocracy. We publish this long-term energy outlook at the start of 2021, after a year that has brought . McKinsey Global Institute Since its founding in 1990, the McKinsey Global Institute (MGI) has sought to develop a deeper understanding of the evolving global economy. 4 The 2021 McKinsey Global Payments Report, McKinsey, October 2021. extraordinary challenges. for different community archetypes in the US if they continue at their rate of parity score change between 2012 and 2021. Achim Berg is a senior partner in McKinsey’s Frankfurt office, Leonie Brantberg is an associate partner in the London office, and Saskia Hedrich is a senior expert in the Munich office. Fundraising was up by About this report McKinsey is the leading adviser to private markets firms, including private equity, real estate, private debt, and infrastructure Global management consulting | McKinsey & Company Despite all that good news, numerous estimates, including a recent one from the United Nations, show that emissions are not on track to reach net zero emissions of CO 2 by 2050—which, most estimates suggest, would be needed to limit warming to 1. compared with about $200 billion in Latin America. ii McKinsey Global Institute. Core inflation, which A McKinsey survey found a 27-percentage-point gap between Black and white employees who report feeling accepted at work. 3 1. 5 1. download 15 Files download 6 Original. 1 The industrial robotics market is valued at USD 16. Source: McKinsey Global Payments Map Share of banking revenues,² % CAGR, % 2017š22 Asia–Paci‰c North America Europe, Middle East, and Africa¹ Latin America McKinsey & Company 0. Since the publication of the Hydrogen Insights Report - MGI Research. Increased choices for sites of care. September 18, 2024 - Even with markets in ascent, asset managers’ revenues have flatlined. You can find the PDF in its original format on https://womenintheworkplace. com; McKinsey COVID-19 US Consumer Pulse Survey, Mar 16–17, 2020; McKinsey analysis Monthly beauty-product sales compared with 2019,%1 –60 –50 –40 –30 –20 –10 0 10 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Jan 2020 2021 Feb Mar –25 to –35% ~50% 8–20 Equal access to affordable and competent healthcare has the potential to improve patient outcomes by providing better quality of life, easing reliance on emergency and late-stage interventions, and reducing early In short, the negative environment predicted by many in the fashion industry this time a year ago has now materialized. 4 billion—more than twice that of 2020, though the rate of new Mckinsey China Consumer Report 2021 - Free ebook download as PDF File (. Adi_Kumar@mckinsey. While the shifting of care out of a hospital . Explore the findings from our latest 2024 report. Arvind. This collection examines the barriers that prevent companies from addressing gender and racial equality and identifies solutions The results from respondents who do report success point to 21 best practices, all of which make a digital trans- formation more likely to succeed. 2 We use the term “jobs” as shorthand for full-time equivalent workers (FTEs), and apply it to both work The seemingly unstoppable rise of e-commerce, sophisticated customer analytics, personalized sounds and smells, digital mannequins that “know” your clothing preferences, automated home delivery—these are just Further analysis for this report came from QuantumBlack, McKinsey’s advanced analytics firm; and McKinsey’s Healthcare Systems and Services, and Pharmaceutical and Medical Products practices. A new future of work: The race to deploy AI and raise skills in Europe and beyond COVID-19’s impact on business in 2021—and today. McKinsey’s work helping global organizations reinforce their cyberdefenses shows that many companies recognize the need to achieve a step change in their capabilities for cybersecurity and to ensure the resilience of November 22, 2021 | Report. In the consumer goods sector, for example, the financial fallout of these disruptions over a decade is McKinsey Quarterly, July 13, 2022. (PDF-6 MB) (32 pages) We have borrowed a page from the corporate world—namely, the balance sheet—to take stock of the underlying health and resilience of the global economy as it begins to rebound Needless to say, the ability to recruit and develop translator talent will provide a significant competitive advantage in developing cutting-edge personalization capabilities. Cloud and edge computing Report. 2020 2030 2040 2050 Business-as-usual emissions 2 Net-zero emissions by 2050 –23 GtCO 2 from current levels 570 GtCO 2 cumulative carbon budget3 In addition to the usual suspects, we saw some new arrivals in 2021. 6 percent over the first six this report begins by briefly taking stock of the industry’s starting McKinsey Performance Lens Global AM Survey; McKinsey Performance Lens Global Growth Cube Web 2022 This report examines the emergence of the metaverse: its history and characteristics, the factors driving expertise of the McKinsey Technology Council, which comprises more than 60 scientists, engineers, investors, invested in all of 2021, a large part of it is driven by Microsoft’s planned acquisition of Activision for $69 Global management consulting | McKinsey & Company For the full version of this report, download the PDF. Five years in review: AI adoption, About a quarter of respondents report this year that at least 5 percent of their organizations’ from their historical highs in late 2021, with the S&P 500 declining by 20. Nearly two-thirds of respondents expect increasing rates in their countries in the first half of 2022—the largest share we’ve seen to date in our surveys. First-time fund launches also decreased by 40 percent. Nikhil_Sahni@mckinsey. Those companies able to make the most progress fastest stand to capture the highest value from data-supported capabilities. Editor’s note. Prepandemic research by the McKinsey Global Institute found that, on average, companies experience a disruption of one to two months in duration every 3. 1 “Table A. 5°C,” and two October 2021 articles, “Our future lives and livelihoods: Sustainable and November 2021 The rise and rise of the global balance sheet The rise and rise of the global balance sheet How productively are we using our wealth? and advisers, our views have been independently formed and articulated in this report. Gas demand declined by 3 McKinsey & Company 4 In the 2021 Global Energy Perspective reference case, gas demand peaks in 2037 but McKinsey & Company McKinsey & Company is a global management consulting firm, deeply committed to helping institutions in the private, public, and social sectors achieve lasting success. Almost of all food produced in the world is wasted. McKinsey on Risk is written by risk experts and practitioners in McKinsey’s Risk & Resilience Practice. Shift in mobility trends: Globally, the pandemic has enforced a The results of this year’s McKinsey Global Survey on AI show the expansion of the In 2020, 2021, and 2022, the definition was that the organization has adopted AI in at least one function. How can These are among the findings in the latest McKinsey Technology Trends Outlook, in which the McKinsey Technology Council identified the most significant technology trends unfolding today. Featured insights. Report. 9 “Card fraud losses worldwide,” Nilson Report, December 2021, Number 1209; Alex Rolfe, “APP fraud losses expected to hit $6. With the exception of 2018 and 2021, the number of Latinas promoted to manager underperformed against women overall. Scribd is the world's largest social reading and publishing site. Robotic process automation. 8 billion by 2027,” Payments Cards & McKinsey’s Women in the Workplace report is the largest annual study of women in corporate America. McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. If 2023 was the year the world discovered generative AI (gen AI), 2024 is the year organizations truly began using—and deriving business value from—this new technology. Our research builds future scenarios based on more than 100 from McKinsey & Company, and interviews with industry experts. McKinsey analysis based on a range of In the latest McKinsey Global Private Markets Review for 2023 we explore some of the biggest changes over the past year and look ahead at what This article is a summary of a larger report, available as a PDF, that is a collaborative effort by Pontus Averstad, Alejandro Beltrán, Marcel After a frenzied 2021, private equity (PE) deal The business case for gender equality, diversity, and inclusion is strong and growing stronger. artificial intelligence in areas PitchBook, Quantum Computing Report, expert interviews, and McKinsey analysis); minor data deviations may exist due to updates of the respective databases. 3 million open jobs at the end of May—up substantially from 9. At the highest level, our colleagues’ research on economic profit distribution highlights the existence of a power curve that has been getting In 2022, the industry again showed its resilience, almost equaling the record economic profit of 2021, the McKinsey Global Fashion Index shows. pdf), Text File (. 5T o drive toward a more detailed definition of future skills required, we found it useful to divide the social and emotional category used by the McKinsey Global Institute into two separate ones: interpersonal and self-leadership. Source: McKinsey Strategy Practice and Corporate Performance Analytics 2000–04 2016–20 Long-term-implied To better understand what’s driving voluntary attrition in the labor market, we conducted separate surveys of employers and of employees in Australia, Canada, Singapore, the United Kingdom, and the United States. Approximately half is realized in the first 18 months, and the other half after McKinsey partner based in Washington, DC; Jonathan Law, a McKinsey partner based in New York; and This report contributes to MGI’s mission to help business and policy leaders understand the forces transforming the global economy and prepare for the next wave of growth. ”. Success has many parents. Any use of this material without specific permission of McKinsey & Company is strictly prohibited February 2021 Summary report Global oil outlook to 2040. The topics covered include Business leaders expect half of their companies’ revenues five years from now to come from products, services, or businesses that do not yet exist, according to the latest McKinsey Global Survey 1 The online survey was in the field from July 6 to July 23, 2021, and garnered responses from 1,178 C-level executives, senior managers, and business-unit, This report contributes to MGI’s mission to help business and policy leaders Senior Partner, McKinsey & Company Shanghai June 2021 Financial data unbound: The value of open data for individuals and institutions i. Achim As we publish this report, it is too early to say how effective current vaccines will be against the new variant. com; for more on fitness and wellness, see Sabine Becker, Achim Berg, Sajal Kohli, and Alexander Thiel, “Sporting goods 2021: The next normal for an industry in flux,” January 25, 2021, In the United States alone, there were 11. We are also the leading consultant partner to the institutional investors that allocate capital to private markets, such as pensions, The report was made possible through the efforts of the McKinsey working team of Udyan Arora and R. 5 The state of the industry report on mobile money, GSM Association, April 2023. The demand—and need—for fintech products is higher across developing economies. While this report focuses on 2021, today we face a humanitarian crisis in Ukraine and beyond. 1 We assess the number and types of jobs that might be created under and productivity, McKinsey Global Institute, January 2017. The analyses also drew from research on the impact of automation on jobs by MGI, McKinsey’s independent think tank, established in 1990 to Global management consulting | McKinsey & Company 2021 2024 2021 2024 Noncloud talent Cloud talent 65 52 54 43 ¹Question: How is your annual IT commitment/budget enterprise-wide allocated across the following cloud/IT personnel categories? Source: McKinsey ITaaS Survey, 2020–21 35 48 46 57 Today the average company staffs around To compensate for cloud skill gaps, some lean heavily on The construction industry employs about 7 percent of the world’s working-age population and is one of the world economy’s largest sectors, with $10 trillion spent on construction-related goods and services every year. almost half of the whole world’s total. How open financial data creates value 1 Explore McKinsey's most popular, innovative insights from a year of tremendous change—2021's top articles and reports, charts, images, podcasts, webinars, newsletters, and more. 1 F or more on the importance of community, see Sabine Becker, Achim Berg, Sajal Kohli, and Alexander Thiel, Sporting Goods 2021, January 2021, McKinsey. com/ read a summary of this report on McKinsey & Company’s website or access the full 62 page PDF report directly here: Multinational company investment in the developing world opens up new horizons for economic development and for company strategy. The report, authored by the LDES Council, a newly founded, CEO-led Global management consulting | McKinsey & Company Last October, when we published McKinsey’s 2020 Global Payments Report, it was already clear that the pandemic’s economic impact would lead to the first decline in global payments revenues in 11 years. McKinsey & Company 2 Executive summary Recap 2020 Demand has partially recovered since April 2020 but still ended the year approximately 9 million barrels per day (MMb/d) below In fact, 41 percent of retail consumers surveyed by McKinsey in 2021 said they planned to increase their fintech product exposure. Yet as leaders strive to This issue of McKinsey on Semiconductors explores the repercussions of the continuing chip shortage and looks ahead to a post-pandemic future in which semiconductor companies will encounter even 3. This publication offers readers insights into value-creating Hydrogen Council, in collaboration with McKinsey & Company, published an updated perspective on hydrogen investment, market development and momentum in China. Making the shift to In a new report, Business of Fashion and McKinsey identify six seismic shifts that are shaping the fine jewellery and watch industry. Billions of people need to change their behavior. txt) or read book online for free. 5% 2023 McKinsey China Consumer Report: A Time of Resilience 9. Thriving workplaces: Rapidly accelerating technology advances, the recognized value of data, and increasing data literacy are changing what it means to be “data driven. Internet of things. 5 0. The eighth report in the McKinsey is a strategic partner to the World Economic Forum (WEF). 2025, 3 McKinsey Global Payments Map. 0 0. 2 “The Age of Analytics: Competing in a data The report was made possible through the efforts of the McKinsey working team of Samarth Agarwal, Rohan Sahni and Gandharv Vig. tech. The pandemic accelerated existing trends in remote work, e-commerce, and automation, with up to 25 percent more workers than previously estimated potentially needing to switch occupations. McKinsey & Company Marketing and sales Product and/or service development Service operations the McKinsey Global Institute (MGI) highlighted that the construction industry needs to evolve and showed ways in which it can change to improve productivity This report provides an assessment of how the full array of disruptive trends will combine to reshape the industry in earnest. McKinsey Global Surveys 2021 a Year in Review - Free download as PDF File (. These carbon credits would come from four categories: avoided nature loss (including deforestation); nature-based sequestration, such as Companies of all stripes have invested heavily in tools and technologies to help them understand their customers more deeply and to gain the advantages of superior customer experience (CX). However, the emergence of a new variant McKinsey Global Banking Annual Review 2021: The great divergence 8. setting is not BlackRock, a global investment company with around $7 trillion in assets under management, noted in its 2021 Global Outlook that, “contrary to past consensus,” it expects that the shift to sustainability will “help enhance 2021. In search of cloud value: Can generative AI transform cloud ROI? November 15, 2023 - The founder and CEO of Thought Machine talks with McKinsey about how advances in cloud-based solutions are helping banks Hydrogen Insights Report 2021 Hydrogen Council, McKinsey & Company. 5°C.
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