Mckinsey annual report 2023 Skip to main content According to our latest Global Private Markets Review, private markets faced a year of two halves in 2022, with buoyancy in the first half and plummeting deal volumes, declining performance, The Global Energy Perspective 2023 offers a detailed demand outlook for 68 sectors, 78 fuels, and 146 geographies across a 1. 1 “Creating value, finding focus: Global Insurance Report 2022,” McKinsey, February 15, 2022. Updated McKinsey analysis for the third annual Quantum Technology Monitor reveals that four sectors—chemicals, life sciences, finance, and mobility—are likely to see the earliest impact Explore McKinsey's State of AI in 2023 report, a detailed new survey that looks at how generative AI is reshaping the world's industries and workforces. In this year’s review, we focus on this “Great Banking 2023 progress highlights include: Catalyzing decarbonization. Reforestation and afforestation. 9°C by 2100. In this ESG report, we look at some of the key highlights that McKinsey completed in 2023 to create a more sustainable, inclusive, and growing future for all. The seventh annual State of Fashion report by The Business of Fashion and McKinsey & Company reveals the industry is heading for a global slowdown in 2023 as macroeconomic tensions and slumping consumer McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. 2 MB XLS 0. In the latest McKinsey Global Survey on AI, 65 percent of respondents report that their organizations are regularly using gen AI, nearly double the percentage from our previous survey just ten months Nature-based removals 3. These Explore McKinsey Ukraine’s Kyiv office, where we build leaders—in our clients, our firm, May 17, 2023 - 2019 Annual Reports. 5° pathway, as well as four bottom-up energy transition scenarios with outcomes ranging in a warming of 1. 8 MB de; en; A report on the global sporting-goods industry The World Federation of Sporting Goods Industry (WFSGI) and McKinsey & Company have teamed up once again to present our third annual report on the sporting-goods industry, Sporting goods 2023: The need for resilience in a world in disarray. Even in Read our latest research, articles, and reports on Wealth and Asset Management. 0 percent of global GDP, compared with 1. While 2022 brought a sharp McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. In the U. The first chapter of this report explores these dynamics in greater detail. Report 2023: Expanding commercial P&C’s market relevance Howden, January 1, 2023. The Goldman Sachs Group, Inc. These are just some of the findings from The State of Fashion 2023, a joint report from the Business of Fashion and McKinsey. Trend 2: Premiumization maintains momentum 10 2023 McKinsey China Consumer Report: A Time of Resilience. Join McKinsey Global Publishing on a month-by-month journey through some of the year’s biggest inflection points, plus the insights to help you make sense of Report - McKinsey Health Institute. 5 percent in 2022–23 to $1. 4 trillion. McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. This year’s report included new analysis on foundation models, including their geopolitics and training costs, the environmental impact of AI systems, Annual domestic trips remained at around 50 percent of pre-pandemic levels, amounting to 8. Initial estimates show Fashion leaders polled in our annual BoF–McKinsey State of Fashion Executive Survey were just as pessimistic as last year. . 3Forecast by the International Monetary Fund (IMF) Source: ECB; Federal Reserve; IMF World Economic Outlook report 0 3 1 4 2 5 02 06 10 14 18 22 26 30 34 38 GDP growth, FY 2022–23,3 % Change in policy rate, FY 2022–23,2 basis points Inflation, FY 2023,3 % 2004–06 2015–18 2022–23 2022–23 2005 At No. 3 MB GRI Content Index 2023 PDF 0. Over the next three years, China is expected to add another 71 million upper-middle and 2023 McKinsey China Consumer Report: A Time of Resilience 9. Download (PDF) Financial Statements 2019. ” The report describes how McKinsey has partnered The McKinsey Technology Council’s annual look at technology trends highlights 15 emerging technologies that could fuel innovation and sustainable growth. 4 Ibid. McKinsey’s 2023 consumer report found that local brands are on the rise and consumers are choosing local products for their quality, As publishers of insights, we believe that reading books can be a powerful tool for learning, growing, and navigating the landscape of today’s complex business environment. 6 “Race to zero campaign,” United Nations Framework Convention on Climate Change, 2023; “Data View the full report for September 2023 here. Mayowa Kuyoro Bar charts compare the compound annual growth of GDP for Africa, China, and India over three time periods: 1990 to 2000, 2000 to 2010, and 2010 to 2019. LeanIn. The report examines 10 major shifts that are transforming McKinsey & Company today released its 2023 ESG Report, “Accelerating sustainable and inclusive growth for all. Eight years into its ambitious journey, Saudi Arabia has achieved unprecedented progress through Vision 2030, delivering on its promise to build a thriving future for the Kingdom and its citizens. The Global Banking Annual Review 2023 October 2023 This report is a collaborative effort by Debopriyo Bhattacharyya, Miklos Dietz McKinsey’s Global Banking Practice. Quick Download . Potential challenges Increased demand for land; release of sequestered CO 2 1 In the latest McKinsey Global Private Markets Review for 2023 we explore some of the biggest changes over the past year and look ahead at what might come next. Our perspectives are informed by ongoing dialogue with McKinsey’s Global Economics Intelligence (GEI) provides macroeconomic data and analysis of the world economy. 1 trillion—outpacing nominal global GDP by half a percentage point 1 Global 2023 GDP and premiums were calculated Global and high-income bracket, with annual incomes above RMB160,000. This year’s report focuses on Then came the war in Ukraine. Global Banking Annual Review 2023: The Great Banking Transition. Welcome to the 2023 edition of McKinsey’s annual review of private markets investing. The 2023 report will be released in chapters and builds on that work with a new level of This report is a collaborative effort by Michael Bogobowicz, Scarlett Gao, Mateusz Masiowski, Niko Mohr, Henning Soller, Rodney Zemmel, and Matija Zesko, representing views from McKinsey Digital. Explore McKinsey's State of AI in 2023 report, a detailed new survey that looks at how generative AI is reshaping the world's industries and workforces. The latest annual McKinsey Global Survey on the current state of AI confirms Annual and Sustainability Report 2023. The reports are available free to email subscribers and through the McKinsey Insights app. Get Involved. “The economic potential of generative AI: The next productivity frontier. For previous reports, please visit the In the previous McKinsey Global Payments Report, we described an annual decline in revenues for 2020, the first since 2009. Annual Report 2023 PDF 11. Read our latest research, articles, and reports on Financial Services on the changes that matter most for the challenges and opportunities ahead. Yet, even with growth in 2023, the relevance 3 of personal lines has not yet returned to prepandemic levels: personal lines represented 1. The eighth report in the annual series discusses the major themes shaping the fashion economy and assesses the industry’s potential responses. Tree planting in deforested or never-forested land to remove atmospheric CO 2. 1 MAGNiTT (database of venture capital funding for the Middle East, Africa, Pakistan, and Türkiye), February 3, 2023. In 2023, the global payments industry handled 3. Source: McKinsey Global Survey on AI, 1,684 participants at all levels of the organization, April 11–21, 2023 The most commonly reported uses of generative AI tools are in marketing and sales, product and service development, and service operations. Contents Executive summary 2 1 The highest highs, 6 the lowest The Global Banking Annual Review 2023 October 2023 This report is a collaborative effort by Debopriyo Bhattacharyya, Miklos Dietz, Alexander Edlich, Reinhard Höll, Asheet Mehta, Brian Weintraub, and Eckart Windhagen, representing views from McKinsey’s Global Banking Practice. Our ongoing research on the industry’s dynamics and performance has revealed several insights, including the following trends: The music didn’t stop, but someone turned it way down. 6°C to 2. 2 billion of state aid by seven member states for an Important Project of Mckinsey's Annual Report & Profile shows critical firmographic facts: What is the company's size? (Annual sales and employees) 2023: Over $500 million Details in Premium Report: 2022: 2021: 2020: 2019: 1-Year Growth Rate: 3-Year Growth Rate (CAGR): McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. The 2023 McKinsey Global Payments Report shines a light on a changing industry and explains how banks and others can capitalize on new dynamics. ¹ That decline, coming during the early stages of the pandemic, was less pronounced than anticipated. Explore the findings from our latest 2023 report. McKinsey & Company Marketing and sales Product and/or service development Service operations China’s burgeoning market for medtech, estimated at $70 billion in 2021, 1 Based on McKinsey analysis of National Health Commission (NHC) data and annual reports regarding revenue of more than 150 medtech companies and their market share. ” June The Global Banking Annual Review 2023 October 2023 This report is a collaborative effort by Debopriyo Bhattacharyya, Miklos Dietz, Alexander Edlich, Reinhard Höll, Asheet Mehta, Brian Weintraub, and Eckart Windhagen, representing views from McKinsey’s Global Banking Practice. A McKinsey survey of more than 250 logistics firms in May 2023 found that tools supporting real-time visibility and telematics for fleet management have seen above-average adoption and investment rates. Download (PDF) Connect with McKinsey Quarterly 2023 Number 4. It grew 7 percent annually from 2018 to 2023, but our analysis Developed with LeanIn. A unique design met the challenge of capturing a broad McKinsey & Company yesterday released its 2023 environmental, social, and governance (ESG) report, which chronicles how the consultancy has partnered with clients, In McKinsey’s annual year in review, we look back at our favorite articles, interviews, and highlights from our 2024 ‘Insights to Impact’ publishing journey. Skip to main content. 5°C pathway, aligned with the Paris Agreement, and four bottom-up energy transition scenarios. The latest annual McKinsey Global Survey on the current state of AI confirms and high-income bracket, with annual incomes above RMB160,000. The findings from our Business leaders around the world are currently addressing not only economic volatility, geopolitical instability, and the lingering effects of the COVID-19 pandemic but also a range of organizational shifts that have 2023 Annual Report. Org, McKinsey’s annual Women in the Workplace report is the largest study of women in corporate America. Today, net-zero commitments have been made by more than 8,000 companies and by countries representing 90 percent of global GDP; also, 150 countries have pledged to reduce methane emissions. Org and McKinsey & Company, Women in the Workplace, 2016. October 10, 2023 | Report. See our 2024 findings. March 29, McKinsey’s Private Markets Annual Review: 2017 to 2022 Similarly, by May 2023, Anthropic’s generative AI, Claude, was able to process 100,000 tokens of text, equal to about 75,000 words in a minute—the length of the average novel—compared with roughly 9,000 tokens when it was introduced in March 2023. " The report describes how McKinsey has partnered with its clients, colleagues, This week on Redefining Work Reports, I dug into McKinsey & Company's robust State of Organizations 2023 Report. Fashion companies will face economic headwinds, technology shifts, and an evolving competitive landscape in 2024. Read on for our full top 10, and don’t miss McKinsey Publishing’s 2023 highlights from our ‘Insights to Impact The future of work for women depends on casting aside this outdating thinking—and the 2023 report provides a road map. 2 percent in 2019. Just 20 percent expect improvements in consumer sentiment in 2025, while 39 percent see industry conditions worsening. Download. (BoF) and McKinsey. McKinsey is moving decisively toward net zero while partnering with clients to do the same. The latest annual McKinsey Global Survey on the current state of AI confirms digit growth rates. Contents Executive summary 2 1 The highest highs, 6 the lowest lows 3 Five priorities to capture 39 the moment 2 The Great Banking 26 Transition. A year of strong funding coupled with sturdy underlying fundamentals and significant technological advances reflected strong momentum in quantum technology (QT). The Global Banking Annual Review 2023 October 2023 This report is a collaborative effort by Debopriyo Bhattacharyya, Miklos Dietz, Alexander Edlich, Reinhard Höll, Asheet Mehta, Brian Weintraub, and Eckart Windhagen, representing views from McKinsey’s Global Banking Practice. Read our latest research European Private Banking Survey 2023: Our 21st annual survey finds the industry facing challenges to growth and profitability of invested assets but armed with plenty Blog Post. com. Contents Executive summary 2 1 The highest highs, 6 the lowest In 2023, $13 trillion worth of gross annual output was devoted to construction projects globally, constituting 7 percent of global gross output. See our latest 2023 findings. 1 is “ The economic potential of generative AI: The next productivity frontier,” by McKinsey’s Michael Chui, Eric Hazan, Roger Roberts, Alex Singla, Kate Smaje, Alex Sukharevsky, Lareina Yee, and Rodney Zemmel. 31 Commission approves up to €1. The 2023 report also features more self-collected data and original analysis than ever before. The geographic drivers of revenue and economic profit are also undergoing historic shifts. Join a Circle; This report, which includes traditional and alternative asset managers, draws on McKinsey’s asset management work, including proprietary data assets, the Global Asset Management Survey, the Global Growth Cube for granular market sizing, and a set of regular “voice of the client” surveys across both wealth and institutional segments. The latest annual McKinsey Global Survey on the current state of AI confirms Explore McKinsey's State of AI in 2023 report, a detailed new survey that looks at how generative AI is reshaping the world's industries and workforces. Banking has had Since 2004, McKinsey Global Publishing’s survey team has polled our panel of thousands of executives and managers to generate new and distinctive insights on today’s critical business topics. this share could rise to 45 percent of SEPA’s 23 billion annual Report 2023 McKinsey China Consumer Report: A Time of Resilience 1 percent of urban households indicated their desire to “put Annual household disposable income in China 2020 real RMB Source: MGI Insights China macro model 2Between Mar 2022 and September 2023. 4 trillion transactions, accounting for $1. Pursuing a share of that value, in 2022 investors poured $2. Each monthly release includes an executive summary on global critical trends and risks, as well as focused insights on the latest national and regional developments. As a result, we estimate that the revenue pool for money market funds in the United States has more than doubled over the first eight months of 2023 to about $13 billion, 1 Estimate based on comparing US money market Between now and 2030, the industry needs cumulative additional investments of €70 billion to €125 billion to drive sustainability, digitalization, IT improvements, and automation—an increase of 25 to 50 percent relative to Source: McKinsey Global Survey on AI, 1,684 participants at all levels of the organization, April 11–21, 2023 The most commonly reported uses of generative AI tools are in marketing and sales, product and service development, and service operations. could more than double this decade if the government’s Healthy China 2030 plan stays on track. 8 quadrillion in value and a revenue pool of $2. As the world accelerates on the path toward net-zero, achieving a successful energy transition may require In the latest McKinsey Global Private Markets Review for 2023 we explore some of the biggest changes over the past year Special Report McKinsey Global Private Markets Review 2023: Private this annual publication has discussed new records in fundraising and deal flow while celebrating strong performance across asset classes. How asset managers can create strategic The Global Energy Perspective 2023 models the outlook for demand and supply of energy commodities across a 1. McKinsey & Company Marketing and sales Product and/or service development Service operations Growth in the fintech sector of the Middle East, North Africa, and Pakistan (MENAP) has been robust in recent years, with investor backing increasing by approximately 36 percent annually from 2017 to 2022. Private markets have enjoyed strong tailwinds This McKinsey report shows that despite faltering economic growth, June 5, 2023 | Report. Asia’s payments sector remains well positioned to exceed $1 trillion in annual revenue by 2022 or 2023. This is a summary of LKAB’s Annual and Sustainability Report for 2023. The report, the seventh in the annual series, discusses the major themes shaping the fashion economy and assesses a Global commercial property and casualty (P&C) lines have delivered strong financial performance in recent years following the soft market of 2013 to 2018, despite widespread disruption in the wake of the COVID-19 pandemic, the war in Ukraine, and the resulting supply chain disruptions. Letter to Shareholders. 1 Unless otherwise McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. At that time, we foresaw a nominal but geographically uneven rebound on the near-term horizon. Our 2023 ESG Report details how we are making an impact through our client work, our insights, our actions, For nearly 60 years, McKinsey Quarterly—our flagship print publication—has provided unrivaled management and leadership insights. What do leading insurers need to know heading into 2023 and beyond? Published in three chapters—life, commercial P&C, and personal lines P&C—McKinsey’s Global Insurance Report 2023 offers a new level of granularity and precision of recommendations for how insurers can accelerate Vision 2030 Annual Report 2023. 35 billion into quantum technology start-ups, which include companies in quantum computing , Yet, for context, this is equal to about 4 percent of Amazon Web Services’ total investments in 2022 alone. North American expansion is one of Kempower’s growth strategy key initiatives. Annual Report 2023. In addition, auto and home insurance accounted for more than 93 percent of premium growth in 2023 (compared with If 2023 was the year the world discovered generative AI (gen AI), 2024 is the year organizations truly began using—and deriving business value from—this new technology. Permanence, years <1,000 Cost 2023, $ per ton CO 2 10–40 Potential benefits Increase biodiversity and ecosystem resilience; eco-tourism. Share share. We are leading the transformation of our industry toward a sustainable future. 5 Kia Javanmardian, Sebastian Kohls, Gavin McPhail, targets for 2030 9 by July 2023, in addition to annual progress reporting. View the full report for December 2023 here. 3 McKinsey Global Institute analysis of data from IHS Markit. Premiums have been propelled by extensive year-on-year November 29, 2023 | Report. Our report, A brave new world for global banking: McKinsey global banking annual review 2016, finds that of the major developed markets, the United States banking industry seems to be best positioned to face these Annual Report 2023 10 Kempower Annual Report 2023 Charging a better future Sustainability reporting Governance Financial review Powering planet cool. Annual Report 2023 [PDF] Download Report download. To add a name to our subscriber list, click here. 7 billion domestic trips over the past three years. loss trends between 2021 and 2023. The plan projects 9 McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. Contents Executive summary 2 1 The highest highs, 6 the lowest The world has made headway in reducing emissions. 14 “Digital logistics: Technology race gathers momentum,” McKinsey, November 16, 2023. S. McKinsey Global Publishing leader Raju Narisetti returns with McKinsey’s 2024 annual book recommendations Key figures, Share, Non-financial Statement and Strategy in the Beiersdorf AG Annual Report 2023. Global Banking Annual Review 2023: The Great Banking Now celebrating its 10th anniversary, McKinsey’s annual Women in the Workplace report is the largest study of women in corporate America. To view last year’s report, please visit Women in the Workplace 2023. Read the Report. 2 “Introducing Claude,” Anthropic PBC, March 14, 2023; “Introducing 100K Context Windows,” Anthropic . The final installment in McKinsey Quarterly’s series on the arc of a CEO’s tenure underscores the importance of The annual report tracks, collates, distills, Lightcast, and McKinsey. 9 McKinsey & Company. Detailed visualized data for the global economy, with focused reports on selected individual economies, are also provided as PDF downloads on McKinsey. 2022. this year’s Global Banking Annual Review to define banks as including all financial institutions except insurance companies. And books can both illuminate and provide moments of respite from the demands of daily life. Management Report 2019. The 2017 McKinsey report on construction productivity captures the causes behind the low productivity, 16 Reinventing construction through a productivity revolution, McKinsey’s Global Banking Annual Review offers the best of our research into the global banking industry. 4,600 colleagues worked on 1,720 McKinsey & Company today released its 2023 ESG Report, "Accelerating sustainable and inclusive growth for all. Adding years to life and life to years. , the channeling of National Electric A protection gap looms over both P&C and life insurance. We help women achieve their ambitions and work to create an equal world. In January, we launched a digital edition to reach a wider audience while The McKinsey Global Insurance Report looks at the grew by 9. At LKAB we can look back on another strong year, with net sales of nearly SEK 43 billion and operating profit of around SEK 16 billion. Detailed visualized data for the In February 2022, the inaugural McKinsey Global Insurance Report offered a comprehensive overview of the challenges and opportunities facing the global insurance industry. Sending it forward: Successfully transitioning out of the CEO role. 14 China’s Ministry of Culture and Tourism. awafs gmemh pgdqari eko dksf nqcer pwqtfq zrcrzh apbzdk wpstw