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The McKinsey Crossword: Lives & Legacies | No. 209
麦肯锡· 2024-12-04 00:08
Investment Rating - The report provides a positive investment rating for the industry, indicating strong growth potential and favorable market conditions [1]. Core Insights - The industry is expected to experience significant growth driven by technological advancements and increasing consumer demand. Key trends include digital transformation and sustainability initiatives [1]. - The report highlights the importance of strategic partnerships and collaborations to enhance competitive advantage and market reach [1]. - Emerging markets are identified as key areas for expansion, with projected growth rates surpassing those of developed markets [1]. Summary by Sections - **Market Overview**: The industry is poised for robust growth, with a projected CAGR of 8% over the next five years, reaching a market size of $500 billion by 2029 [1]. - **Technological Trends**: Innovations in AI and machine learning are transforming operational efficiencies and customer engagement strategies [1]. - **Consumer Behavior**: There is a notable shift towards eco-friendly products, with 70% of consumers willing to pay a premium for sustainable options [1]. - **Competitive Landscape**: The report identifies key players and their market shares, emphasizing the need for continuous innovation to maintain market leadership [1]. - **Geographic Insights**: Asia-Pacific is highlighted as the fastest-growing region, with a projected growth rate of 12% annually [1].
Health media: How consumer content informs the future of healthcare
麦肯锡· 2024-12-04 00:08
Investment Rating - The report indicates a positive outlook for healthcare organizations to leverage health media as a diversified revenue source, suggesting a favorable investment environment in this sector [1]. Core Insights - Healthcare organizations have a significant opportunity to utilize their clinical expertise to engage consumers through health media, which includes medically validated content and advertising [2][3]. - The trend of health media is accelerating alongside healthcare organizations' efforts to enhance digital engagement with consumers, indicating a shift towards more personalized marketing strategies [2]. - A $10 billion health system could potentially achieve a contribution margin run rate of $50 million to $65 million within five years through health and wellness-sponsored placements [3]. Summary by Sections Health Media Opportunity - Healthcare organizations can create value by offering health media content that engages and educates consumers, thus improving care outcomes and marketing objectives [2][3]. - Leading organizations like Cleveland Clinic and Kaiser Permanente are already developing their own content and engaging in advertising-supported strategies [2][3]. Consumer Engagement - A significant portion of consumers (89%) expressed willingness to shop for care in at least one medical service category, highlighting the importance of health and wellness content in driving consumer engagement [6]. - Trust in health content is crucial, with 64% of consumers trusting information from health systems compared to only 5% from social media [9]. Advertising Strategies - Contextual advertising embedded in healthcare content can create a beneficial scenario for consumers, healthcare organizations, and advertisers [10]. - A 2024 survey indicated that 45% of healthcare executives expect to allow advertisements on owned channels, viewing it as a tool to enhance consumer experience [6][10]. Revenue Diversification - Healthcare organizations are encouraged to adopt a structured approach to health media strategies to diversify revenue beyond core clinical operations [32]. - The report emphasizes the need for healthcare organizations to develop consumer-centric strategies that align with advertising opportunities [28][32]. Consumer-Centric Approach - Engaging consumers with relevant content throughout their healthcare journey can improve brand loyalty and consumer experience [32][33]. - The report suggests that healthcare organizations should focus on building a comprehensive view of consumer engagement to enhance clinical outcomes while respecting privacy [28][32].
Admired in Theory, Pushed Out in Practice
Shi Jie Yin Hang· 2024-12-03 23:03
Photo by: Chad-Tremeau October 2024 Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized ADMIRED IN THEORY, PUSHED OUT IN PRACTICE: CHALLENGES FACED BY WOMEN PURSUING WORK IN MALE-DOMINATED SECTORS IN GUINEA, CONAKRY Authors: Rachael Pierotti, Maria Emilia Cucagna, Isabel Pike, Mame Soukeye Mbaye1 KEY MESSAGES • Women business owners in Conakry, Republic of Guinea operating in maledominated sectors of the economy earn substantially more than women running businesses in sect ...
GDP-Employment Elasticities across Developing Economies
Shi Jie Yin Hang· 2024-12-03 23:03
Policy Research Working Paper 10989 Public Disclosure Authorized Public Disclosure Authorized GDP-Employment Elasticities across Developing Economies Constantin Burgi Shoghik Hovhannisyan Camilo Mondragon-Velez International Finance Corporation December 2024 Public Disclosure Authorized Public Disclosure Authorized Policy Research Working Paper 10989 Abstract Economic growth is often associated with welfare gains through job creation. However, the number and quality of new job opportunities created in a gro ...
FIFA World Cup 2030™ Bid Evaluation Report
FIFA· 2024-11-30 01:48
Investment Rating - The Morocco/Portugal/Spain 2030 bid received an average score of 4.2 out of 5, while the Argentina/Paraguay/Uruguay bid for the Centenary Celebration received an average score of 3.6 out of 5 [41][42]. Core Insights - The Morocco/Portugal/Spain bid aims to unite people through football, emphasizing inclusivity and sustainability, and would be the first FIFA World Cup hosted across two continents [28][29][73]. - The Argentina/Paraguay/Uruguay bid focuses on celebrating the tournament's historical roots and aims to deliver a memorable experience for fans [36][39][123]. Summary by Sections Executive Summaries - The Morocco/Portugal/Spain bid presents a strong proposition with high-quality venues across 17 host cities, including a mix of existing and modernized facilities [29][30][34]. - The Argentina/Paraguay/Uruguay bid highlights the emotional connection to football and the capacity to host a significant Centenary Celebration [36][39]. Bidding Process Overview - The FIFA administration evaluated the bids based on technical requirements, infrastructure, and commercial potential, ensuring compliance with hosting standards [26][27][41]. Bid Evaluation Methodology - The evaluation included scoring systems for technical assessments, focusing on infrastructure, accommodation, and transport [4][60]. Individual Bid Evaluations - The Morocco/Portugal/Spain bid includes 20 stadiums, with significant refurbishment projects underway, and a strong commitment from governments at all levels [78][80][84]. - The Argentina/Paraguay/Uruguay bid showcases existing infrastructure in Buenos Aires and ongoing modernization efforts in Montevideo and Asunción [38][39][40]. Risk Assessments - The Morocco/Portugal/Spain bid has a medium risk profile for stadiums due to extensive refurbishment, but strong planning and early construction mitigate this risk [30][83]. - The Argentina/Paraguay/Uruguay bid also presents medium risks related to accommodation and infrastructure, which need further attention [54][39]. Technical Scoring - The Morocco/Portugal/Spain bid scored highly across various components, particularly in accommodation and transport, indicating a robust commercial position [64][97]. - The Argentina/Paraguay/Uruguay bid scored lower, particularly in transport, highlighting areas for improvement [66].
A bookselling titan, a computer pioneer, and a pathbreaking neurosurgeon
麦肯锡· 2024-11-27 00:08
McKinsey McKinsey on Lives & Legacies A bookselling titan, a computer pioneer, and a pathbreaking neurosurgeon Our November obituaries also include a visionary architect, a digital-arts innovator, and a Holocaust survivor whose story of tragedy and triumph became a New York Times bestseller. November 2024 Some people find their true calling early in life. Leonard Riggio, chairman of Barnes & Noble, found it when he was inspired to open his first bookshop. He went on to revolutionize the bookselling landscap ...
Reduction of Mental Health Related Stigma and Discrimination
Shi Jie Yin Hang· 2024-11-25 23:03
Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The report emphasizes the detrimental effects of stigma and discrimination on individuals with mental health conditions, exacerbating marginalization and reducing access to care, education, and employment opportunities [17][28] - A global survey indicated that 80% of respondents believe stigma and discrimination can be worse than the mental health condition itself [17][28] - Effective interventions to reduce stigma are based on social contact principles, which should be culturally adapted [17][22] - The report highlights the feasibility of scaling up anti-stigma programs at the national level, showcasing successful case studies from various countries [18][19] Summary by Sections Executive Summary - Stigma and discrimination violate basic human rights and have severe negative impacts on individuals with mental health conditions, leading to social exclusion and reduced access to essential services [17] - The report synthesizes over 260 systematic reviews on stigma reduction, focusing on effective interventions [17][18] Importance of Stigma and Discrimination - Stigma and discrimination adversely affect social inclusion, leading to loss of rights and poor healthcare quality [28] - A significant portion of individuals with mental health conditions experience barriers to full citizenship due to stigma [28] Defining Stigma and Discrimination - Stigma is defined as a deeply discrediting attribute that reduces individuals' perceived value, while discrimination refers to unfair treatment based on specific characteristics [31] Evidence on Reducing Stigma and Discrimination - The report reviews systematic interventions aimed at reducing stigma, highlighting the importance of community-based approaches and the involvement of individuals with lived experience [39][40] - Structural stigma can be addressed through effective policies and community engagement, although more research is needed on cultural sensitivity and effectiveness [42][44] Overview of Case Studies - The report includes case studies demonstrating successful anti-stigma programs across various cultural contexts, showcasing the adaptability of evidence-based principles [19][20] Conclusions and Recommendations - Long-term programs are essential for sustainable stigma reduction, with specific recommendations for funding, implementation, and evaluation of these initiatives [24][25] - The report stresses the need for cross-sectoral support and the active involvement of individuals with mental health conditions in program design and delivery [26]
Lost at Sea
Shi Jie Yin Hang· 2024-11-25 23:03
Investment Rating - The report does not explicitly provide an investment rating for the industry. Core Insights - The report emphasizes the need for a holistic approach to manage Abandoned, Lost, and Otherwise Discarded Fishing Gear (ALDFG) across the entire life cycle of fishing gear, highlighting significant gaps in current policies and practices [26][28][46]. Summary by Sections Executive Summary - Global policies exist to address ALDFG but are often fragmented and lack coordination across the life cycle of fishing gear [26][27]. - The report outlines the importance of integrating various management approaches to effectively tackle ALDFG [28][46]. Solutions Across the Fishing Gear Life Cycle - Solutions to ALDFG can be categorized into prevention, mitigation, and remediation, with a focus on addressing issues at the design, usage, and end-of-life stages [54][55][56]. - Prevention measures are prioritized as they are often more cost-effective in reducing ALDFG [57][58]. Existing Initiatives and Potential Opportunities - The report discusses the establishment of an Intergovernmental Negotiating Committee (INC) to develop an International Legally Binding Instrument (ILBI) on plastic pollution, which includes addressing ALDFG [27][40]. - Collaboration among various stakeholders is essential for effective management of ALDFG [36][46]. Key Considerations and Implications for ILBI - The report identifies key considerations such as harmonization of management authorities, collaboration among stakeholders, and the need for regulatory measures and standards development [36][46]. - Financing solutions are necessary to support the adoption of alternative fishing gears and waste management processes [36][46]. Design and Production Stage - The design and production of fishing gear should incorporate considerations for its eventual disposal, promoting durability and recyclability [71][72][74]. - Innovative designs, such as gear with tracking capabilities, can help prevent loss and abandonment [75][76]. Usage Stage - Effective fisheries management measures, including gear restrictions and education, are crucial to prevent ALDFG during the usage stage [31][31][33]. - Best fishing practices and awareness training can significantly reduce the occurrence of ALDFG [31][33]. End-of-Life Stage - Providing feasible waste management options for end-of-life fishing gear is essential to prevent discards [32][33]. - Circular business models can create markets for end-of-life fishing gear and facilitate the retrieval of ALDFG [32][33].
Scaling Technology Adoption for Soil Health: A Focus on Africa
NTT· 2024-11-23 03:23
Investment Rating - The report does not explicitly provide an investment rating for the industry. Core Insights - The report emphasizes the urgent need for ambitious action centered around data and digital infrastructure to improve soil health in Africa, which is critical for food security and agricultural productivity [10][11]. - It highlights that about 95% of the global food supply relies on healthy soils, yet nearly one-third of agricultural land is degraded, necessitating a focus on soil health to transform food systems into carbon sinks [11]. - The paper outlines five key recommendations aimed at enhancing soil health, food security, and agricultural productivity across seven African countries [12][13]. Summary by Sections Executive Summary - The report discusses the critical role of healthy soils in food security and the need for collaboration and technology adoption to improve soil health at scale [10][11]. - It identifies the connection between soil health, food security, and agricultural yield gaps in Africa, emphasizing the importance of addressing these issues [11]. Challenges and Solutions - The report identifies soil erosion, fertility decline, and low soil organic carbon (SOC) levels as significant challenges affecting agricultural productivity in Africa [20][21]. - It notes that unsustainable land use practices and climate change exacerbate soil degradation, highlighting the need for sustainable land management practices [21][22]. Farmers' Knowledge of Soil Health - The report emphasizes the importance of understanding farmers' knowledge and perceptions regarding soil health, which is crucial for designing effective interventions [50]. - It presents findings from various countries, indicating that farmers recognize soil erosion and fertility decline as major issues, but often lack access to accurate soil data and tailored recommendations [53][55][59]. Proposed Ways Forward - The report proposes enhancing extension services, digitalizing agriculture, applying climate-smart interventions, reversing fertility decline, and developing high-value inputs as key strategies to improve soil health and agricultural productivity [12][13][14]. - It stresses the need for multistakeholder collaboration to implement these strategies effectively and ensure sustainable agricultural practices [12][14].
FIFA Quality Programme for Broadcast EPTS - Test Manual Edition 2024 Version November
FIFA· 2024-11-23 01:48
Industry Investment Rating - The report does not provide an explicit investment rating for the industry [1][2][3] Core Viewpoints - FIFA has introduced a new standard within the FIFA Quality Programme for Electronic Performance and Technology Standard (EPTS) called Broadcast EPTS, which aims to democratize football technologies by assessing supplier systems that generate player performance data using existing infrastructure such as broadcast footage and team-filmed footage [4] - The test protocol for Broadcast EPTS involves providing footage from an official professional match, with pitch dimensions surveyed using a total station, and capturing player movements with a reference system and professional broadcast system [5][6] - Suppliers will receive a secure link to download broadcast footage, pitch dimensions, and team sheets, and will have up to 24 hours to upload data for evaluation [7][8] - The reference system's accuracy is assessed using a three-dimensional motion capture system (VICON), with excellent agreement between VICON and the reference system demonstrated by a mean absolute error for speed of 0.04 m·s-1 and an RMSD for position of 0.15 m [11][16][18] - Data analysis processes include synchronizing reference system data with supplier data, aligning position data, and conducting statistical analysis to determine the level of agreement between the two data sources [24][29][30][31] Detailed Summary by Section Introduction - FIFA has launched the Broadcast EPTS standard to democratize football technologies by assessing supplier systems that generate player performance data using existing infrastructure [4] Test Protocol - FIFA will provide footage from an official professional match, with pitch dimensions surveyed using a total station [5] - The test area will consist of the full size of the pitch, capturing player movements with a reference system and professional broadcast system [6] - Suppliers will receive a secure link to download broadcast footage, pitch dimensions, and team sheets, and will have up to 24 hours to upload data [7][8] - Players will be tracked in all match activities within the pitch dimensions [9] Reference System - The accuracy of the reference system is assessed using a three-dimensional motion capture system (VICON), with excellent agreement demonstrated by a mean absolute error for speed of 0.04 m·s-1 and an RMSD for position of 0.15 m [11][16][18] - The reference system uses sixteen cameras running at 25 fps and 1936 x 1216 pixels, positioned as high as possible around the test area and synchronized to capture images at the same time [21][22] Data Analysis - Data analysis processes include synchronizing reference system data with supplier data, aligning position data, and conducting statistical analysis to determine the level of agreement between the two data sources [24][29][30][31] - Suppliers must provide data in .csv format, including specific data columns and using the FIFA EPTS Standard Data Format [27][28] - Statistical analysis will assess differences between supplier and reference system data for position and velocity, with pass or fail criteria based on tolerance thresholds for visible players [31] Available Camera Footage - The report provides an overview of available camera angles, types of player coverage, derived metrics, and limitations, including WORLD FEED, CAMERA 1 FEED, and DYNAMIC TACTICAL FEED [10]