The McKinsey week in Charts

 

Distress signals

February 22, 2023

Symptoms of burnout are higher than the global average for some living in several Middle Eastern countries, a recent McKinsey survey found. According to partner Mona Hammami and colleagues, a quarter of survey respondents indicated they suffer from anxiety and depression, and 55 percent said they experienced distress, well over the global average of 32 percent.

 

To read the article, see “Better health among Middle Eastern employees can start with awareness,” January 30, 2023.

 

 

Finding fixes for chronic disease

February 24, 2023

Chronic diseases are expected to create an increased burden globally, find senior partner Ralf Dreischmeier and coauthors. Conditions such as cardiovascular disease, cancer, diabetes, and respiratory disease were causes or contributing factors in 75 percent of worldwide deaths in 2010 and 79 percent in 2020. By 2030, experts predict that percentage could grow to as much as 84 percent. Digital therapeutics, such as regular monitoring through connected medical devices, could help with disease management.

To read the article, see “The health benefits and business potential of digital therapeutics,” January 27, 2023.

 

The download on product management

February 23, 2023Product management functions have the potential to unlock the full value of software investments—but that’s not always the case, find senior partners Chandra Gnanasambandam and Jeremy Schneider and coauthors. After surveying 5,000 product managers from around the world who work on both internal and external software products in a range of industries, some 75 percent responded that product management best practices aren’t being adopted at their companies, that product management is a nascent function within their organization, or that it doesn’t exist at all.

To read the article, see “What separates top product managers from the rest of the pack,” January 20, 2023.

 

Interchangeable parts

February 21, 2023While Europe has increased its defense funding, this alone will not deliver the continent’s defense policy goals, note senior partners David Chinn and Hugues Lavandier and coauthors. As of now, Europe operates more than five times as many weapons systems as the United States across certain categories. To lower costs and help funding go further, European nations might want to ensure greater alignment and collaboration to gain scale.

 

To read the article, see “Invasion of Ukraine: Implications for European defense spending,” December 19, 2022.

 

The highest form of battery

February 20, 2023The push for electric mobility options comes with greater demand globally for the batteries that power them. By 2030, the GWh required for lithium-ion (Li-ion) batteries will jump to about 4.7 TWh, compared with about 700 GWh now, say senior partners Mikael Hanicke and Martin Linder and coauthors. The overall Li-ion battery chain, from mining to recycling, may grow by about 30 percent annually by the end of this decade. Click through the interactive to see more details.

 

To read the article, see “Battery 2030: Resilient, sustainable, and circular,” January 16, 2023.

 

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