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 The organizations that prioritize people development become talent magnets for employees who want to build their knowledge and networksMckinsey hospitality consulting , “Global carbon budget 2019,” Earth System Science Data, 2019, Volume 11, Number 4

TRENDING INSIGHTS. Popular Searches McKinsey & Co Goliath Consultants LLC SIC Code 58,581 NAICS Code 72,722 Show More. Don’t Count On Your Consulting Proposal. McKinsey Korea is looking for talented people who can make a difference for our clients, our firm, and our community. McKinsey has a long-standing history of advising clients on strategy and performance. 1. (2 min) McKinsey & Co. , “Global carbon budget 2019,” Earth System Science Data, 2019, Volume 11, Number 4. Between 2012 and 2019, profit pools (earnings before interest, taxes, depreciation, and. We help clients achieve high impact results with our deep industry expertise and rigorous analysis. Director of Strategy & Operations, Asia McKinsey Digital, Singapore. Jasperina serves travel clients and specializes in digital solutions. The McKinsey Global Institute has been conducting an ongoing research program on automation technologies and their potential effects. Companies can win lifelong customers by creating a seamless experience across all touchpoints and. Published Feb. , the blue-chip management consulting group with a global roster of corporate and government clients. The research was led by Jan Mischke, an MGI partner in Zurich; Ryan Luby, a senior knowledge expert and associate partner in New York; Brian Vickery, a McKinsey partner in Boston; Jonathan Woetzel, an MGI director and senior partner in Shanghai; Olivia White, an MGI director and senior. We are experts at developing systems and processes while working. See moreHospitality. There is also some variance over the size of relocation packages, with Bain being the most generous. (3 pages) On March 2, 2020, just over a week before a global pandemic was declared, we published COVID-19: Briefing note #1. The COVID-19 pandemic is entering its endemic stages in some parts of the world at the time of writing, and airlines hemorrhaged $168 billion in economic losses in 2020. Learn how Deloitte can help you buy into better—and turn a stay into a “never want to leave. While working with BCG to identify and eliminate hidden costs, a US. In a recent McKinsey Global Survey, 87 percent of executives said they were experiencing skill. Join a uniquely diverse and global firm, drawing people with expertise from a wide variety of disciplines. Nearly two-thirds of those considering quitting said they'd do so without another job in hand. Some are already apparent today. As one CEO of a large tech company recently stated, “We are. 4 trillion—21. Kearney. We recruit graduates from a wide range of Vietnamese and international universities. There is no set definition for what exceptional looks like, and we know it can come from anywhere. S. We serve two-thirds of the top companies in Greece’s most important industries—including financial services. Our research showed that the proliferation of media and products requires marketers to find new ways to get their brands included in the initial-consideration set that consumers develop as they begin their decision journey. McKinsey: Sonder is a tech-led hospitality company. Article (24 pages) The latest annual McKinsey Global Survey on the current state of AI confirms the explosive growth of generative AI (gen AI) tools. Voice: +94 117 610 200 - 399. Download WSO's free McKinsey Case PowerPoint template below!. 5 trillion, with annual growth of 5 to 10 percent. Modern customers increasingly expect highly personalized service. opioid crisis. Sources familiar with the plan say the company is slated to lease space at Ironside Newark, Edison Properties’ distinctive, industrial-style office. And seventy-six percent get frustrated when this doesn’t happen. Accounting: $96 – $106 per hour. By seizing this unique moment, companies could gain an edge in the race to attract, develop, and retain the talent they need to create a thriving postpandemic. 7) Global Automotive Executive Survey 2015. HVS offers expertise across all types of hospitality assets, including hotels, restaurants, casinos, shared-ownership lodging, mixed-use developments, golf. Consultants who have. People go on vacation to leave their day-to-day behind, not their values. McKinsey is also known for pioneering the recruitment of advanced professionals with non-business degrees to its consulting teams. Staffing employment rose each week from late May to late July 2020, though its level remained down about 25 percent from the same week in late July 2019. The areas of expertise of our hotel management team. Consultants earning $45K+ per month have a much higher average consulting engagement value, with over 50% of them putting their average consulting engagement value at $50K+. Amid the coronavirus pandemic, every company’s first priority is, of course, to protect the health and safety of employees, consumers, and business partners. TRENDING INSIGHTS. Partner, Singapore. Additionally, the McKinsey Apparel, Fashion & Luxury team is a knowledge partner for the BoF VOICES conference, a leading industry event. 14 June 2023. The firm hires from top universities and many of its consultants have graduate degrees,. McKinsey has consistently found that improving role clarity improves accountability, an outcome that is a critical component of the overall health-index score. “I came into my job as a McKinsey consultant hoping to change the world from the inside, believing that the best way to make progress is. 4 trillion a year if embedded at scale—and $1. Bain is also the smallest firm in terms of revenue. How is technology shaping next-generation hospitality experiences for travelers? Francis Davidson: When it comes to technology that. 30, 2022. We offer hotel management, asset optimization and revenue management services for: Independent Hotels, Boutique Hotels, Lifestyle Resorts, Luxury B&B’s, Design Hostels, and innovative lodging concepts. How has the travel industry been turned upside down by the COVID-19 pandemic? What are the insights, analysis, and actions for travel executives to navigate the crisis and prepare for the recovery? Download the McKinsey report to find out. The opposition-led report focused on McKinsey, even though it represents only 1 percent of government consulting spending and earned far less than French consulting firms. Travel, Hospitality & Leisure Leader, Deloitte & Touche USA LLP. 08:26. The Connect with McKinsey program is available during the winter and spring months of the year and is designed to help students across North America in undergraduate and non-MBA master’s programs create early. In 2018, business-travel spending exceeded $1. Managing Director – Strategy & Consulting, Travel, Growth Markets. T. In terms of price, however, the 3 firms often compete at the same price point – around $500K for a 6 person team for a month. Join a uniquely diverse and global firm, drawing people with expertise from a wide variety of disciplines. The automation of activities can enable businesses to improve performance by reducing. 1 To understand these changes, McKinsey commissioned a survey of business executives around the world in June 2020. They identified seven internal elements of an organization that need to align for it to be successful. To optimize value perception, a retailer will price KVCs and KVIs most sharply relative to the relevant competition. Learn about their backgrounds, experiences, and wide range of skills. 4 World Travel & Tourism Council, wttc. The. Under a pessimistic recovery scenario, 2021 levels. The economic potential of generative AI: The next productivity frontier. Employing techniques such as “nudging” and. South Africa. She specializes in go-to-market (GTM) transformations for B2B companies in a wide range of highly competitive industries, with particular emphasis on basic materials and OEMs. Our team of benchmarking professionals leverages McKinsey’s consulting experience as well as knowledge and data gathered from years of analysis to ensure the benchmarks and definitions are precise, relevant, and. Helps consumer-goods and retail clients capture growth through excellence in strategy, digital and advanced analytics, marketing. It is also possible that senior-living facilities could prove they are best able to handle viral outbreaks, accelerating demand. CEOs’ choice for growth: Building new businesses. Engagement managers typically earn around $300,000-400,000, while Partners-level can earn up to $1,000,000. “McKinsey colleagues, both local and across the globe, are warm and friendly, like family, and are always ready to step in to help each other. ”. The McKinsey Global Institute estimates data and analytics could create value worth between $9. ("McKinsey") and The Financial Oversight and Management Board for Puerto Rico, Washington D. In preparation for this meeting, a McKinsey team, working together with a group of external thought leaders and academics, are preparing a report on the importance of Innovation as a contributor to economic growth. Our Hospitality team is recognised as a leading advisor to the sector, working with owners, operators, lenders and investors across the international hospitality industry, shaping their strategy and helping them to grow. Here are just a few examples of our impact in travel and tourism and the hospitality industry. In April, US hotel occupancy rebounded to about 65 percent of pre-COVID-19 levels, although room rates remain depressed. The modern reality: White-glove service is both inevitable and economical. Governments have generally played a limited role in the industry, with partial oversight and light-touch management. [email protected] the board, the consulting firms that command the highest number of positions in the list are: the world’s three largest strategy consulting firms of McKinsey & Company, Boston Consulting Group (BCG) and Bain & Company, the Big Five of Accenture, Deloitte, EY, KPMG and PwC, local-origin players Capgemini Invent and. McKinsey. 6. We offer hotel management, asset optimization and revenue management services for: Independent Hotels, Boutique Hotels, Lifestyle Resorts, Luxury B&B’s, Design Hostels, and innovative lodging concepts. In fact, organizations with high accountability scores have a 76 percent probability of achieving top-quartile organizational health—more than triple the expected rate. Annual Revenue: $12,500,000,000; Prestige: Highest;. As it turns out, most companies did a solid job of addressing their employees’ basic needs of safety, stability, and security during the first phase of the COVID-19 crisis. We believe in your potential, regardless of your pedigree. The COVID-19 recovery will be digital: A plan for the first 90 days. Jasperina loves camping and road trips and once First, travel companies should seek to understand their customers as microsegments, not monoliths. . We offer a global perspective and cover all banking and insurance sectors and capabilities. See full list on mckinsey. MHI’s. C. Meanwhile, the firm began consulting for the FDA's department that regulates vaping and nicotine. 2. McKinsey on Finance is a quarterly publication written by corporate finance experts and practitioners at McKinsey. 2. This report is a collaborative effort by the McKinsey Global Institute and McKinsey’s Real Estate Practice. They’re not hyper-desirable. We make industry-level demand assumptions based on a combination of industry reports and McKinsey estimates of consumer spending on various categories of discretionary goods and services. We have over 125 offices in more than 65 countries. McKinsey contributes significantly to the American economy throughout the United. The rapid evolution of technology can make harnessing its potential and avoiding its pitfalls especially complex. McKinsey & Company is a privately owned management consulting firm committed to accelerating sustainable and inclusive growth. We estimate the global wellness market at more than $1. The company says it seeks to “reimagine. The EY-Parthenon approach. Whether you built your expertise on the job, learned new. 5, 2021. About this location. Diaverum’s digital transformation best practice case study shows successful implementation of L. Washington D. EY real estate, hospitality and construction consulting services help you streamline operations, identify and help mitigate risk, and build better customer relationships to help deliver increased. Starbucks has selected former McKinsey partner Laxman Narasimhan as its incoming CEO. Women in the Workplace 2023. At the crossroads of corporate strategy and finance lies valuation. Hospitality and Hotel Consulting Carpedia is a global, implementation-based management consultancy. 7. While the outlook remains uncertain, organizations can take action to mitigate risk and build toward a more resilient. Hospitality Today’s travelers aren’t settling for accommodations; they’re seeking experiences that accommodate their values. Global Fashion Agenda Since 2020, we have been a strategic knowledge partner for Global Fashion Agenda , the leading forum for industry collaboration and public-private cooperation on sustainability in fashion. 20. The $860 billion consulting sector is battling global economic uncertainty and the fallout from. Updated April 18, 2023 1:20 pm ET. Among these capabilities, robotic process automation and computer vision have remained the most commonly deployed each year, while natural-language text. As supporting. After gaining experience working in Financial Services as a consultant, decided to switch careers and pursue an MBA in Hospitality Management. Box 54517 Riyadh 11524 Saudi Arabia. Automation could transform the workplace for everyone, including senior management. Job title Consultant, Digital Technology - McKinsey Digital. McKinsey & Company is a global management consulting firm. Deloitte's restaurant industry trends and food service industry insights explore pathways for helping clients fuse purpose with profit to drive growth and create positive change. The case for digital reinvention. Simon Kucher is a global consulting firm specializing in TopLine Power, which encompasses strategy, marketing, pricing, and sales. Although humans are known to be irrational, they are at least irrational in predictable ways. Contact us today to enquire about the services your operation needs to deliver the results you need. Let us show you how, so you can delight new generations of devoted diners. Most. With PandaDoc, you can choose from a wide range of templates and create a personalized proposal in minutes. 41MB), analyzes more than 3,000 US counties and 315 cities and finds they are on sharply different paths. Jason Guggenheim. Sixty-nine percent of supply chain leaders told us that dual sourcing will continue to be relevant in 2022 and beyond, and 51 percent think the same about regionalization. Geneva - The International Air Transport Association (IATA) and McKinsey & Company published a study of profitability trends across the aviation value chain showing that profitability varies widely by sector. He teaches courses in management consulting and strategy. We strive for world-shaping client impact We work with leading organizations across the private, public and social sectors. ”. The modern reality: White-glove service is both inevitable and economical. Beyond income: Redrawing Asia’s consumer map. Action plan/action planning. PwC Hospitality Directions US is a near-term outlook for the US lodging sector, commonly used by industry decision-makers and stakeholders to better understand the impact of policy and other macro-environmental factors on the sector’s operating performance. More than half of business travel is concentrated in two economies, China and the United States. Its expanding portfolio of more than 40 brands now encompasses over 5,400 hotels in 110 countries, with a workforce of more than 290,000 people. McKinsey & Company Hospitality Net. Many brands have also recovered or even. 5. Peters and Robert H. has found a new home in New Jersey, in downtown Newark, where it will bring together some 700 employees currently spread across two offices. Employee experience. Vik Krishnan. Over nearly a century, they’ve built a firm uniquely equipped to this task. Company: Boston Consulting Group. McKinsey & Company is a worldwide management consulting firm founded in 1926 by University of Chicago professor James O. Consultant McKinsey & Company McKinsey & Company is a global management consulting firm. Managing Director – Strategy & Consulting, Travel, Growth Markets. unc. April 8, 2023 How well do you know Gen Z? The digital-first generation, which comprises people born between 1996 and 2010, is already shaping consumer, workforce, and societal trends—and organizations should pay attention. Anil Kumar (born 1958) is an Indian-American former senior partner and director at management consulting firm McKinsey & Company, where he co-founded McKinsey's offices in Silicon Valley and India and created its Internet practice (representing a quarter of McKinsey's business at the time) among others. We work with leading organizations across. . Job interest Consulting. 110 Charles Street West Toronto, ON M5S 1K9 Canada. But the national results contain a wide spectrum of outcomes. the McKinsey 7-S Framework. In recent years, productivity growth has stalled in many places; a 2018 McKinsey Global Institute (MGI) study of seven Organisation for Economic Co-operation and Development (OECD) countries found a drop in average productivity growth, from 2. 26 July 2023. Our scale, scope, and. ”. CHRIE • International Hotel Conference • International Society of Hospitality Consultants • iPerceptions • JDAConstance Emmanuelli is an associate partner in McKinsey’s Paris office, where Nicolas Maechler is a senior partner; Nimish Jain is an associate partner in the San Francisco office, where Anna Thomas is a consultant; David Malfara is a senior expert in the Orlando office, Stefan Moritz is a senior expert and senior design director in the Stockholm office, Kevin. 17% of consultants use value-based fees to price their projects. Step 5: State your hypothesis. Practice consultants are experts in any number of fields who apply their deep, specialized knowledge to uncover new insights and convention-challenging perspectives to over 2,000 institutions worldwide, from start-ups to global enterprises—including 90 of the top 100 companies. Consulting Consultant. 8 in 2022. It requires acting on shifts in modern employee behavior, keeping pace with the speed and scale of business capability-building needs, and applying the latest innovations in learning technology. Offering and Assets Leader, Deloitte Global. Each slide has been designed to make it consistently visually appealing. Last updated: Nov 1, 2023, 09:49. McKinsey & Company provided analytical support and industry perspectives to this research. Many hotel jobs are very, very hard. Owners, management companies, brands and leaders turn to us to help improve operating performance while enhancing the guest and employee experience. McKinsey Korea is looking for talented people who can make a difference for our clients, our firm, and our community. Waterman, the framework maps a constellation of interrelated factors that influence an organization's ability to change. Pinpointing the strategy that will reshape tomorrow. During your internship, you can either experience life as a consultant across various industries and functions (integrative internship) or focus your time on consulting projects in McKinsey Digital, McKinsey Design, or the Operations Practice. An increasing number of organizations are embarking on programs to embed data and analytics at the heart of their operations, aware of the potential to transform performance. They identified seven internal elements of an organization that need to align for it to be successful. Areas of strength include:<br>. In this send I’m going to rate and review Baur slides from three top. McKinsey Vietnam. The worsening effects of climate change have made decarbonization a top priority for many industries, including global travel and tourism, which accounts for between 8 and 11 percent of the world’s emissions. May 21, 2023 5:30 am ET. Applying to McKinsey & Company: CVs, cover letters and interviews. James Hill for The New York. Providing such service offers several benefits to the organization: Deeper customer trust and loyalty. . . McKinsey's salary for entry-level consultants in the United States likely ranges from $100,000 to $140,000 per year, while the figure for MBA-level/experienced Associates can be over $200,000. We work with. Management consulting is an industry providing expensive and professional advice to organizations to boost their overall performance through better management. Case Study”. Overall, our survey shows that disruption has reshaped almost every supply chain. There is no substitute for knowing an industry inside and out. The healthcare industry in the United States has experienced steady growth over the past decade while simultaneously promoting quality, efficiency, and access to care. McKinsey & Company is a global management consulting firm. Please join us in celebrating The Top 25 Travel and Hospitality Consultants and Leaders of 2023. Divine Hotel Consultants is a young and committed hotel management consulting company based in Pune and Goa. McKinsey & Company is widely accepted as one of the best consulting firms around. The company was founded in 1926 and is based in New York, New York. Learn how Deloitte can help you buy into better—and turn a stay into a “never want to leave. 2. Regardless of background, all our consultants share two extremely important traits: intellectual curiosity and the desire. 3. But it does a lot of work that’s, well, pretty downright sinister, and it’s very secretive about that work. That the focus of blockchain is wrapped up with Bitcoin is not surprising given that its market value surged from less than $20 billion to more than $200 billion over the course of 2017. Nina Lind. Through the McKinsey Innovation Campus, launched in 2012 in partnership with Singapore’s Economic Development Board, we deliver ground-breaking knowledge to help companies in Singapore and across Asia address. In broad terms, modular construction involves producing standardized components of a structure in an off-site factory, then assembling them on-site. McKinsey Technology Trends Outlook 2023. Looking to the hospitality industry, customers of hotels that get the. Today, maintaining customer loyalty requires excellence across multiple channels and points of delivery. Organizations We Support. Don’t Count On Your Consulting Proposal. We have deep roots here, serving two-thirds of Canada's top companies and organizations across all sectors as well as leading civic and not-for-profit institutions. For more than 35 years leaders in tourism and hospitality have entrusted their consulting needs to Cayuga’s highly skilled professionals and their industry leading resources for both domestic and international assignments. A consulting report is a document you send your consulting clients to report on your progress for a consulting project. 6 Human capital can be. The study also shows that in aggregate, airlines underperform on the financial return that an investor would normally. 3. He is the former director of Student Teams. These ecosystems develop in virtuous cycles through network effects. Washington D. In 2019, Current Affairs published an anonymously written expose penned by a former employee of the world’s most famous and prestigious management consulting firm. McKinsey & Company. With experience across a range of sectors–including hotels and resorts, restaurants and foodservice, aviation and transportation, gaming and shipping–we offer the strategic,. McKinsey, a University of Chicago professor, opened a consulting office in. Seventy-one percent of consumers expect companies to deliver personalized interactions. 2 “Cooking up extraordinary growth for restaurants during a downturn,” McKinsey, January 12, 2023. Consulting is a global strategy consulting firm. The model was developed in the late 1970s by Tom Peters and Robert Waterman, former consultants at McKinsey & Company. When Howard Schultz returned to Starbucks as CEO in early 2008, after a hiatus of nearly eight years, he quickly concluded that growth had become. Meet leaders, consultants and staff working at McKinsey & Company in the Hospitality & Travel. We are the trusted advisor to the world's leading businesses, governments, and. During a transition period he will work with. PartnerMunich. 4 percent per year between 2000 and 2004 to 0. Tel: +212 5 22 88 68 00 Fax: +212 5 22 88 67 00 Map it. UX consultants charge between $25 to $190 per hour, with $70 being the average. Even a short moratorium on business. For more than 35 years leaders in tourism and hospitality have entrusted their consulting needs to Cayuga’s highly skilled professionals and their industry leading resources for both domestic and international assignments. 9 in 2018 to 3. The median gross hourly pay in hospitality and food-service activities in 2019 was around £8. Our flagship business publication has been defining and informing the senior-management agenda since 1964. Xotels is an international Independent Hotel Management Company and Hotel Consulting Firm. McKinsey Technology Trends Outlook 2023. C. EY-Parthenon teams believe every successful business strategy is underpinned by an in-depth understanding of industry dynamics and the competitive landscape in which it sits. S. Our Athens office has an outward perspective, impact beyond its size, and a focus on rigorous thinking. We work with. Ben Dimson. Add the name of consultant’s company. The McKinsey Global Institute has been conducting an ongoing research program on automation technologies and their potential effects. There are many. To understand the impact of the COVID-19 crisis on outsourcing, BCG conducted a survey of 200 global companies with large IT and business-process outsourcing footprints. Paul Friga researches strategic problem solving and project management in consulting, personalized knowledge transfer, intuition and entrepreneurship. 0 global survey, 18 percent of. By Joshua Burd. Vik Krishnan: The hotel of the future is going to have to be a responsible employer. Personalization drives performance and. Kingdom Tower 54th Floor P. About Hospitality Directions. 4 trillion, which was more than 20 percent of the total spending in the hospitality and travel sector. McKinsey consultants tell us that some of the best parts about working for the most prestigious consulting firm in North America include the “caliber of colleagues,” “high-impact work,” “level of learning and development,” “ability to create positive and lasting change in the world,” and “working with the most important topics. Simon Wintels. Our outlook includes metrics for the overall sector as. Our clients are active in all major sectors of the Sri Lankan economy. Among the consultants that SVB turned to was McKinsey & Co. More than half of business travel is concentrated in two economies, China and the United States. McKinsey on Consumer and Retail Podcast: Insights from experts on business and management. FC012665. The average salary of Mckinsey & Company is $100,364 in the United States. In fact, the McKinsey recruitment process is considered one of the most competitive processes in the corporate world with just a ~1% acceptance rate. com How will hotel companies improve the guest experience, create a happier workforce, and help fight climate change? Five of McKinsey’s travel and hospitality experts—Margaux Constantin, Vik Krishnan, Matteo Pacca, Steve Saxon, and Caroline Tufft—envision the hotel industry of the 2030s. McKinsey on Finance, Number 80. com. Sirhal Hospitality Partners is an innovative consulting firm whose mission is to collaborate closely with clients/owners to achieve peak performance by improving financial and operational results. A new report from the McKinsey Global Institute, The future of work in America: People and places, today and tomorrow (PDF–4. The McKinsey Health Institute (MHI) is an enduring, non-profit-generating entity within the firm. Brands play an outsize role in the US hotel industry, making up 73 percent of the $245 billion sector (by revenue) in 2019. Deloitte Consulting, McKinsey & Company and The Boston Consulting Group are the top three consulting firms with the broadest and deepest capabilities, according to analysis of the service portfolios of over 1,200 firms globally. 1 Global economic impact & trends 2020, World Travel & Tourism Council, June 2020, wttc. fostering effective collaboration across boundaries. The COVID-19 pandemic has caused major disruption to our working lives in the short term, and is likely to change the way that we work in the long term. Tel: +41 (0)58 792 2191. Then KVIs—the items that drive value perception the most—are identified. 164 Insights. July 27, 2023 – Three hospitality executives envision a future in which hotels are sustainable, tech-enabled hubs for travelers and locals alike. EY real estate, hospitality and construction consulting services help you streamline operations, identify and help mitigate risk, and build better customer relationships to help deliver increased return. For the best viewing experience, use a tablet, laptop, or desktop computer. Talent matters. Similarly, the management consulting sector is projected to hit $343. McKinsey & Company is a global management consulting firm. We, like so many others, are shocked by the unfolding humanitarian. We work with RHC companies to capitalize on digital innovation and adopt a bolder, more agile approach to navigating this fast-changing market. Care is at an inflection pointBain is the leading consulting partner to the private equity industry and its key stakeholders. Models of organizational effectiveness go in and out of fashion, but the McKinsey 7-S framework has stood the test of time. Accenture provides consulting services to travel, airline, and hospitality. Some are already apparent today. Read our latest research, articles, and reports on India. There are many routes to a career at McKinsey, and most of them are unconventional. 3. Write the opening paragraph for an article about how transformative generative AI will be for business, in the style of McKinsey & Company. Mazen Ramsay Najjar. Tel: +234 1 463 7846 Map it. We work. This article is based on a 25-minute, online-only Ipsos poll conducted on behalf of McKinsey between March 15 and April 18, 2022. The lack of hierarchy among these factors suggests that. Listen. 30: "Concerning McKinsey's. In addition to his work with McKinsey, Anand serves as a trustee and member of the board of directors of Case Western Reserve University. How the business of gaming is evolving. Looking to the hospitality industry, customers of hotels that get the. In fact, we estimate that at least a dozen sectors, including B2B services, mobility, travel and hospitality, health, and housing, are reinventing themselves as vast ecosystems, networks of networks that could add up to a $60 trillion integrated network economy by 2025. McKinsey & Company. Talent matters. From eliminating single-use plastic and improving water efficiency, to educating colleagues about sustainable travel options, our Green Teams help build awareness, mobilize local efforts, and reduce the firm’s environmental footprint. The memo removed language deemed as hyperbolic, such as “crisis” and “epidemic. It also brings in a disproportionate share of profits—70 percent of revenues globally for high-end hotels, for example. 5 trillion, with annual growth of 5 to 10 percent. A new year is near, and while the world has continued to grapple with moving beyond COVID-19 and its effects, what new themes will 2022 surface? Journalists, media executives, columnists, commentators, and media critics—from the US and around the world—offered McKinsey their perspectives on what will make the news, from climate. 47 Real McKinsey Presentations, free to download.