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Recent media coverage on the coronavirus

The shape of the next normal

McKinsey's Kevin Sneader joined HBR editor in chief Adi Ignatius and four other CEOs to discuss how they have adjusted to uncertainty, employee and societal expectations, and how business will change as we come out of the COVID-19 crisis.
Harvard Business Review: Learning from the FutureKevin Sneader's profile

How construction can emerge stronger after coronavirus

McKinsey's Maria João Ribeirinho, partner in Lisbon, and Jan Mischke, partner in Zurich, discuss the notable transformation and growth of the construction industry amidst the pandemic.
Business Insider: It's a make-or-break moment for the construction industry says McKinsey— and there's $265 billion in profits on the table for old-school players and startups that get it right Jan Mischke's Profile Maria João Ribeirinho's Profile

State of Fashion coronavirus update

McKinsey's leader of apparel, fashion and luxury work Anita Balchandani shares how consumer habits are emerging as retailers start to open their storefronts.
The Telegraph: The rise of ‘revenge buying’ and what it means for UK luxury retailers Anita Balchandani's Profile

Making it Work

The Wall Street Journal profiles Digital Partner Jennifer Kilian on how she's adapting—professionally and personally—to the changes that COVID-19 has placed on her workdays. 
McKinsey Partner Trades Life on Planes for Virtual Whiteboards and Pillow Fights  Jennifer Kilian's profile

McKinsey in the news

Bio Revolution

The Bio Revolution is a powerful new wave of innovation that is expected to transform business and society. New McKinsey Global Institute research found that more than half of the potential direct economic impact from biological technologies is outside of healthcare, notably in agriculture and food, materials and energy, and consumer products and services. For this research, a library of about 400 use cases was compiled. Over the next ten to 20 years these applications alone could have direct economic impact of between $2 trillion and $4 trillion globally per year.
Axios: A coming bio revolution is poised to change the world Bloomberg: Sound On: Biden and Wall Street, Stimulus, COVID, AI (Podcast)  Forbes: Mike Kamdar, The Future Of DNA Writing, And The Business Of Biology

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.
Wall Street Journal: For the Economy, Climate Risks Are No Longer Theoretical Financial Times: Climate change will reshape markets, McKinsey warns Miami Herald: Sea rise won’t sink all of Florida’s real estate market, experts say. Just parts of it Bloomberg: Coffee Production Faces Climate Risk for Africa’s Top Grower

Diversity Wins

The business case for inclusion and diversity is stronger than ever. This third report in the series by McKinsey shows that the relationship between diversity on executive teams and the likelihood of financial outperformance has strengthened over time. The aim of the report is to contribute to a better understanding of the applications, potential, and benefits of having a more inclusive and diverse organisation now more than ever.
Forbes: McKinsey’s new report finds that diversity does not equal inclusion Yahoo! Finance: Almost 40% of UK firms have no ethnic diversity in their exec team, new research shows The Economist: Bosses say they want to tackle racial injustice

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