The McKinsey Week in Charts

Construction stagnation

January 27, 2023

Speed in executing capital projects is critical for achieving sustainable-development goals, say senior partner Steffen Fuchs and coauthors. The unique needs of sustainability ventures, however, on top of faltering labor productivity growth in the construction industry, add extra challenges. Long time frames to obtain permits remain persistent issues. In France, for example, it takes an average of 213 days to complete a construction permit, while in South Korea it takes only 27.5.

To read the article, see “Accelerating capital projects to secure advantages in the net-zero transition,” November 2, 2022.


Superaged like a fine wine?

January 26, 2023

The proportion of people over 65 will almost double over the next couple decades, creating challenges as care demands increase and dependency ratios shift, say senior partner Martin Dewhurst and coauthors. Certain “superaged” societies, including Italy, Japan, and South Korea, will experience more dramatic shifts, while countries where populations are aging more slowly—for example, Ghana—have a slightly longer runway to scale successful initiatives.

To read the article, see “Living longer in better health: Six shifts needed for healthy aging,” November 11, 2022

Risk pros are making moves

Risk and compliance professionals are key to mitigating the broad array of risks companies face today. Organizations are casting wider nets to fill the growing need for risk-related roles, find senior partners Ida Kirstensen and Olivia White and colleagues. Almost half of risk experts switch industries during their careers, but businesses in some sectors heavily favor hiring professionals who are already familiar with the given industry, especially in finance and healthcare.

January 25, 2023

To read the article, see “Addressing the revolving door in risk,” December 6, 2022.


The future of US defence spending

January 24, 2023

To read the article, see “How will US funding for defense technology innovation evolve?,” November 4, 2022.