2021: The year in charts: via McKinsey Newsletter I subscribe to.


2021: The year in charts

Here’s a look back at some of our favorite data visualizations from our Charting the Path to the Next Normal series.

Our Charting the Path to the Next Normal series was launched in 2020 and offers a daily chart that helps explain a changing world during the pandemic and beyond. Here we’ve curated 21 of this year’s best data visualizations that have illuminated some of the key themes and trends covered in our publishing during year two of the COVID-19 pandemic. Together, they capture a lot of what our collective next normal looked and felt like in 2021. Browse through the charts below to learn more about the lingering pandemic, the future of work, the impact of climate change, and digital’s ever-evolving landscape.


The pandemic lingers

While the quick arrival of vaccines buoyed optimism, the persistence of COVID-19 and the rise of variants continue to pose stumbling blocks toward achieving herd immunity. In this new normal, people are learning to live with an endemic disease.

In 2020, the mortality rate from COVID-19 in the US was eightfold higher than that from influenza in a typical season. Heading into 2021, cases of SARS-CoV-2 persisted even with the approval and distribution of vaccines, largely due to the proliferation of virus variants and public resistance to the injections, mask wearing, and other personal behaviors. COVID-19 will never be eradicated, but it could become more like the common cold or flu—if much more of the population gets vaccinated.

Published in March

COVID-19 was a leading cause of death in 2020. In 2021 and beyond, it may more closely resemble flu.

New drug development typically takes about ten years. Vaccines for COVID-19, though, were granted emergency-use approval in less than a year. The nature of the global crisis caused regulators and governments to accept higher levels of risk and carry out process steps in parallel rather than sequentially. As COVID-19 variants such as Omicron take hold, drugmakers may have to turn to these streamlined processes again and create vaccines specifically tailored to these variants.

Published in May

Development times for COVID-19 vaccines were highly compressed compared with standard practice.

A global logistics task of unprecedented scale has so far proven insufficient in the push toward herd immunity against COVID-19. Manufacturers have distributed billions of vaccines worldwide, yet many countries have vaccination rates that remain well below 80 percent. This is due to a variety of challenges, including logistics capabilities to physically distribute the vaccines (especially in rural areas), a shortage of ancillary supplies such as personal protective equipment in the distribution areas, and vaccine misinformation and lack of motivation to receive it by some in the population.

Published in February

Our projections of intercontinental flows show Asia (excluding India and China) and Africa will be the biggest recipients of COVID-19 vaccines.

Herd immunity in several countries by summer seemed possible if they had faced only the ancestral SARS-CoV-2 virus and if a high percentage of those eligible to receive the vaccine had taken it. Instead, the more infectious Delta variant spread globally, and now the Omicron variant (with unknown contagiousness so far) has been detected in dozens of countries. Click through the interactive to see our projections from the fall—before Omicron emerged—in the quest for herd immunity.

Published in September

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A new talent crisis emerges

The future of work is at a pivotal crossroad—with many workers reassessing their options. During the pandemic, people grappled with finding meaning and purpose in their work. Will the future of work be hybrid, purposeful, inclusive, and built for balance?

The shift to remote work at the start of the pandemic was abrupt. Organizations had to quickly implement virtual work or a hybrid model. But as leaders looked toward a postpandemic work environment, their messages—or lack thereof—about what this vision entailed left employees confused and anxious about whether their needs would be met.

Published in June

Employee hopes and fears for the future reflect a focus on flexibility, well-being, and compensation.

Business leaders who presumed they could ensure their workers stuck around just by offering bonuses but ignored the human aspects of work likely saw some of the Great Attrition in action. Flexible work schedules and time to care for family ranked high on the list of important factors for employees, which didn’t necessarily align with what organizations thought their workers valued.

Published in October

Expanded remote-work options could tempt otherwise satisfied employees to quit.

Americans who were already struggling financially before the pandemic faced even more economic instability. Lower-income workers, people of color, and members of the LGBTQ+ community cut back on spending more than other groups. Click through to see how people were affected on five financial dimensions.

Published in June

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Frontline workers were deemed essential at the height of the pandemic and helped ensure Americans stayed fed, clothed, and cared for medically. Our analysis found that large shares of Black workers in these industries earn less than $30,000 annually.

Published in March

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Black employees hold a disproportionate share of frontline jobs and encounter “broken rungs” on the corporate ladder, leading to a lack of Black leaders in organizations. There are only four Black CEOs at Fortune 500 companies.

Published in April

There are four Black CEOs in Fortune 500 companies. At parity with the Black US population, the number would be no fewer than 60.

Women have made gains in corporate America but they remain underrepresented. Today, women still make up less than 25 percent of executive-level positions. And now, burnout from the pandemic has forced even more women to leave the workforce altogether.

Published in October

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Remote work allowed for more flexibility but also resulted in more employee burnout as workers waited for their companies to provide better communication about the future of postpandemic work. Nearly half of all survey respondents indicated they were at least somewhat burned out at work since the start of the pandemic.

Published in April

Almost half of all employees report being at least somewhat burned out—and that's likely an underrepresentation of the real number.

The pandemic quickly changed how businesses get work done. According to our latest global survey on reskilling, many organizations increasingly prioritized the development of soft skills—reskilling workers to cultivate empathy, leadership, and adaptability skills.

Published in May

Most of the skills that companies are increasingly focused on developing are social, emotional, and advanced cognitive.

Sustainability gains steam

Wildfires, lethal heat, flooding, and more: the effects of climate change became increasingly visible in 2021. The COP26 meetings drove a number of commitments as leaders reckoned with what it will take to achieve energy-related sustainable-development goals. Now is the time for action that safeguards Earth and beyond.

Working toward a sustainable future is no longer optional. And while there is no singular, clear answer to build a global economy that incorporates sustainability with inclusion and growth, there are powerful forces that link these three elements. Leaders and strategists can find the solutions by first asking the right questions—and by acknowledging that those three factors can’t be viewed as trade-offs.

Published in November

Sustainable and inclusive growth can be a dynamic, self-reinforcing combination, combination, but achieving it will require addressing counteracting forces.

Carbon dioxide is the main contributor to climate change, but methane emissions are a close second: up to 50 percent of CH4 emissions are the result of agricultural practices. Methane stays in the atmosphere for only a decade, but it traps more heat than CO2 does.

Published in November

Methane from human activity is emitted by five key industries: oil and gas, coal, agriculture, solid waste, and wastewater.

Sustainability efforts that protect natural habitats don’t just benefit the creatures living there. They help local economies thrive and could even reduce the risk of a future pandemic. Our edition of McKinsey for Kids on the value of nature explores why conserving mangrove forests has wide-reaching benefits, including preservation of the species shown in these illustrations.

Published in May

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Protein alternatives stand a real chance to reduce emissions produced by agriculture, which contribute significantly to global warming. It could take as much as ten years for consumers to pay less for cultivated meat than they do for traditional proteins, but some buyers are already willing to pay extra for products deemed more sustainable.

Published in July

Consumers currently pay a premium for protein alternatives that are important to them.

It’s miles away from the climate-change calamity, but it’s not shielded from humans’ messes. Space is cluttered with tens of thousands of pieces of debris, some of which have collided with other objects—such as the International Space Station. Cleaning up space junk will require a multitrack approach with collaboration among agencies and governments.

Published in October

Over 70,000 more satellites could soon enter orbit if plans come to fruition.

Digital dominates the growth agenda

The pandemic greatly accelerated the embrace of digital technologies, and leading companies that had a digital edge pulled even farther ahead of laggards. Up ahead, clean tech, e-commerce, and increased focus on cybersecurity measures will dominate the digital agenda.

What’s trendy in tech for execs? Advanced automation and going green. Cutting-edge digitization will use machine learning to automate programming tasks, interpret data in real time, and accelerate decision making. Click through to see which ten trends are most relevant to competitive advantage and tech investment.

Published in July

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Advances in digitization are reliant upon semiconductors, found in everything from smartphones to cars. Shortages of these materials have left the supply chain in a lurch, forcing manufacturers to rethink how these chips are sourced. Our analysis found new paths through which many OEMs would shoulder more of the design and development work themselves.

Published in August

New roads for chip procurement

E-commerce is the ticket for businesses seeking to stay competitive during the pandemic. Retailers with strong digital footprints outperformed other industries during COVID-19 lockdowns. Companies that didn’t prioritize e-commerce may not catch up.

Published in July

Et tu, e-tail?

Data breaches are becoming more sophisticated, prompting some industries—especially banking and healthcare—to enhance their cybersecurity measures. Protection efforts vary widely across sectors, despite increasing awareness and expectations among consumers. The seriousness of cyberthreats is so great that it prompted Nicole Perlroth, author and winner of the 2021 Financial Times and McKinsey Business Book of the Year, to leave her position at the New York Times to join a new committee with the US Cybersecurity and Infrastructure Security Agency.

Published in September

Cybersecurity maturity varies within sectors more than it varies from sector to sector.

For more on the pandemic and the world’s response to it, see McKinsey Global Publishing’s full collection of insights on the next normal beyond the coronavirus.

To get a roundup of these charts delivered weekly to your inbox, sign up for The Week in Charts newsletter at McKinsey.com/subscriptions.

Our data-visualization editors, Nicole Esquerre-Thomas, Richard Johnson, Matt Perry, Jonathon Rivait, and Jessica Wang created all the charts featured in this collection and choose the best of their creations daily for our Charting the Path to the Next Normal series. This collection was assembled by Mike Borruso, Richard Johnson, Stephen Landau, Charmaine Rice, Katie Shearer, Amanda Soto, Mark Staples, Sarah Thuerk, and Nathan Wilson.

This page is just part of our full year-end series celebrating the best of McKinsey Global Publishing in 2021. See the full collection at, 2021 year in review: Envisioning sustainable, inclusive growth.

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Full-Time Make Money Online Affiliate Marketing Online Entrepreneur World Traveler

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.: PLAN X NET / Passive Income LifeStyle

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Thank you all to support my Blog. God bless us all. keep safe everyone!

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Poems | Publishing | Articles | Community.

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Brett Fingerhut

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Positivity

Appreciate the little wins

Thecommonly

I found my words more beautiful than myself, so thought of flaunting them!

Pensieri Parole e Poesie

Sono una donna libera. Nel mio blog farete un viaggio lungo e profondo nei pensieri della mente del cuore e dell anima.

User's blog

Just another WordPress site

Full-Time Make Money Online Affiliate Marketing Online Entrepreneur World Traveler

#affiliatemarketing #internetmarketing #networkmarketing #makemoneyonline #youtubemarketing #video #ceo #socialmediamarketing #DigitalMarketing #entrepreneur

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