Breaking the cycle
April 14, 2023
Homeless experiences vary, but a cycle can start to develop for many individuals, write senior partners Alexis Krivkovich and Robert Schiff and coauthors. In the Bay Area, for example, the 20,000 people who experienced homelessness in 2022 might have found themselves entering, exiting, and reentering a complex maze of shelters, services, and programs that vary not only in size, scope, and approach but also in effectiveness. Three strategies to help alleviate for the ongoing homelessness crisis include bolstering housing affordability and income security, improving coordination among agencies in the response system, and investing in intensive care pathways.
To read the article, see “The ongoing crisis of homelessness in the Bay Area: What’s working, what’s not,” March 23, 2023.
First, do no harm
April 13, 2023
US consumers are placing a higher priority on wellness and want the healthcare system to become more customer-oriented, note partner Jenny Cordina and colleagues. In a survey, consumers identified the four areas they find most frustrating: getting coverage, understanding benefits, finding care, and saving and paying for care. For healthcare providers and payers, improving the consumer experience could lead to better care and cost outcomes.
To read the article, see “Driving growth through consumer centricity in healthcare,” March 14, 2023.
Reduce, reuse, recycle at scale
April 12, 2023
Battery production for electric vehicles has soared to meet demand. And with 100 million vehicle batteries expected to be retired in the next ten years, there’s an opportunity to scale up battery recycling, note senior partner Martin Linder and coauthors. Production of batteries with recycled materials results in about four times lower carbon emissions than with new materials.
To read the article, see “Battery recycling takes the driver’s seat,” March 13, 2023.
What’s trending, for CEOs
April 11, 2023
What do top CEOs say will be the biggest trends affecting their business this year? Disruptive digital technologies, geopolitics, and the economy, according to results of McKinsey’s CEO Excellence Survey. Senior partner Carolyn Dewar and colleagues also note that areas such as supply chain disruptions are expected to have less of an influence on business in 2023.
To read the article, see “Actions the best CEOs are taking in 2023,” March 15, 2023.
STEM the tide
April 10, 2023
There’s an opportunity to step up the inclusion of Black talent in STEM fields, write senior partner Mark McMillan, partner Jan Shelly Brown, and colleagues. According to a Pew Research survey, the percentage of Black adults who say “Black people have reached the highest levels of success” in a range of careers was highest for professional athletes and musicians—and approximately double the rate of engineers and scientists.
To read the article, see “How to close the Black tech talent gap,” February 3, 2023.