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Bob Sternfels elected Global Managing Partner of McKinsey & Company

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McKinsey reaches agreements with 50 State Attorneys General to resolve investigations into past work for opioid manufacturers

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RECENT MEDIA COVERAGE ON THE CORONAVIRUS

COVID-19 Impact on Higher Education

Andre Dua joined a Washington Post Live conversation on the evolving role of higher education and how the pandemic has exacerbated a widening inequality with lower-income students.
Washington Post: U.S. Education: Rethinking the Possibilities Andre Dua’s Profile

A Digital Surge

Speaking with the Financial Times, Anand Swaminathan discusses how the pandemic has accelerated digitisation and e-commerce in Asia.
Financial Times: Dash to digital powers Asia-Pacific start-ups  Anand Swaminathan’s Profile

Human-centered Design

Fast Company hosted Melissa Dalrymple for a panel discussion on why human-centered design is a crucial element when planning for a post pandemic world.
Fast Company: Creative tips on how to be human behind masks and plexiglass Melissa Dalrymple’s Profile

McKinsey in the news

Post Pandemic Economies

The COVID-19 pandemic disrupted markets globally during 2020 and caused the deepest economic disruption since World War II. This global event accelerated trends in the workplace, shifted consumer behavior and pushed organizations to innovate in ways that will stand for years to come. The McKinsey Global Institute published a trilogy of reports on the post-pandemic impacts to work, consumer demand and productivity to better understand what life after COVID-19 entails.
Associated Press: Why the pandemic left long-term scars on global job market Reuters: ‘Home nesting’ and telehealth spending to keep rising post-pandemic, McKinsey survey finds CNBC: How low-wage work could get even worse in a post-pandemic future Bloomberg: U.S. May See Post-Pandemic Productivity Surge, McKinsey Says

Climate Risk and Response: Physical hazards and socioeconomic impacts
As average temperatures rise, acute hazards such as heat waves and floods grow in frequency and severity, and chronic hazards, such as drought and rising sea levels, intensify. McKinsey and the McKinsey Global Institute look at the nature and extent of physical risk from a changing climate over the next three decades.
Bloomberg: McKinsey Sees $4.7 Trillion in Labor Risk as Asian Climate Warms Financial Times: Flooded Asia: Climate change hits region the hardest Project Syndicate: Taking Climate Risk Seriously Miami Herald: Sea rise won’t sink all of Florida’s real estate market, experts say. Just parts of it

Diversity and Inclusion

The business case for gender equality, diversity and inclusion is strong and growing stronger. McKinsey's new report on Black talent in the film and TV industry analyzes how the industry loses $10 billion, or 7%, every year by undervaluing Black films, filmmakers and executives. More reports and insights on diversity and inclusion can be found here.

New York Times: Hollywood Loses $10 Billion a Year Due to Lack of Diversity, Study Finds CNBC: How Hollywood could reap an additional $10 billion by addressing inequities Bloomberg: Hollywood Embracing Diversity Could Boost Revenue by $10 Billion LA Times: Black inclusion gap costs Hollywood $10 billion a year, report says

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