Women leaders continue to feel the burn of burnout
Compared with men, senior women leaders report higher rates of burnout, chronic stress, and exhaustion. In this episode of The McKinsey Podcast, senior partners and leaders Alexis Krivkovich and Lareina Yee join Lucia Rahilly, global editorial director, to discuss some of the startling and hopeful results recently released in the Women in the Workplace 2021 report.
To see the transcript, see “The state of burnout for women in the workplace,” January 4, 2022.
The cost will not be net zero
How much will the net-zero transition cost? Our analysis of the industry-standard scenario for net zero by 2050 suggests that about USD 275 trillion in cumulative spending on physical assets, or approximately USD 9.2 trillion per year, would be needed between 2021 and 2050. That’s USD 25 trillion more than the current-policies scenario. Every sector and every time frame would see a bigger bill.
To read the article, see “The economic transformation: What would change in the net-zero transition,” January 25, 2022.
Ladies and gentlemen, start your engines
With disruption comes opportunity, especially for those that can move quickly. Since the 2008 global financial crisis, the gap between banking’s leaders and followers widened. By 2019, top-decile performers were delivering about five times more value to their shareholders than the bottom decile (and three times more than the average bank). Critically, about 60 % of the performance gap occurred during the first two years of recovery (2010 and 2011). During the remainder of the decade, the gap continued to widen, but more slowly. Our annual review explains why speed is essential as we near the end of the pandemic.
To read the report, see “McKinsey’s Global Banking Annual Review,” December 1, 2021.
Investors boldly spending on space ventures
For about a decade, investors have funneled money into small satellites and other ventures in low-Earth orbit. Now investors are thinking bigger and broader, aiming for lunar orbits and beyond. Government and commercial interests account for up to 15 % of private investments in space ventures, at about USD 1 billion. That’s a giant leap from the less than 5 % investors spent on lunar and beyond ten years ago.
To read the article, see “Space: Investment shifts from GEO to LEO and now beyond,” January 27, 2022.
Digital slam dunk
The sporting-goods industry has already returned to pre-COVID-19 growth levels. E-commerce spending on sports apparel has sustained at about 40–50 percent since the pandemic began. Companies that prioritize direct-to-consumer models and those that focus on omnichannel offerings will be best positioned for the coming year.
January 24, 2022.To read the article, see “Sporting goods 2022: The new normal is here,”