But a crisis has a way of bringing things to a head: the coming months might be the best opportunity in memory for healthcare companies to pursue exponential innovation, which could create an additional $400 billion in value by 2025. /Pg 34 0 R /P 1205 0 R 74 0 obj /K 16 >> >> /K 126
Mihir Mysore is a partner in the Houston office. /Pg 34 0 R /S /TD << /Annots [] Also on that list: improving the experience of customers, many of them frightened, some jobless, and all of them deeply uncertain about the next normal. /Kids [9 0 R 10 0 R 11 0 R] Our newest research looks at the pandemic’s effects on US minority-owned small businesses. endobj var pbTabletSlots = [ /S /TD Third, measures must be consistent.
/P 1261 0 R endobj /A 692 0 R Yet the threat to lives and livelihoods persists. /A 835 0 R That’s a problem for managers, who can take three practical steps to help people process their grief.
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/A 887 0 R /S /TD << /S /TD /Pg 36 0 R /Contents [601 0 R 602 0 R 603 0 R 604 0 R] Please email us at: McKinsey Insights - Get our latest thinking on your iPhone, iPad, or Android device. endobj Ensure that liquidity is sufficient to weather the storm. >> <<
Businesses, too, are eager to boost productivity and demand. /S /TD endobj 387 0 obj /S /TD Companies can use tabletop simulations to define and verify their activation protocols for different phases of response (contingency planning only, full-scale response, other). >> /K 76 << /A 971 0 R 285 0 obj Key variables are the arrival, efficacy, and coverage of vaccines; we anticipate four scenarios (Exhibit 1). 195 0 obj /Count 19 Close proximity and poor airflow increase the risk of transmission, while the use of facial coverings decreases it. /K 216 /K 211 485 0 obj << /A 1115 0 R /K 216 endobj /S /TD 455 0 obj << /K 16 /A 1035 0 R Facing up to the possibility of a deeper, more protracted downturn is essential, since the options available now, before a recession sets in, may be more palatable than those available later. /A 1042 0 R /P 1249 0 R /Pg 35 0 R /Pg 37 0 R /S /TD Measures including physical distancing, travel restrictions, effective use of personal protective equipment (PPE), testing and tracing, and healthcare surge capacity require more or less emphasis, depending on epidemic phase and local context.
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<< /CropBox [-11.9622 11.9906 600.038 803.991] << /K 66 endobj 0 0 0 666 0 722 722 666 610 777 /Pg 35 0 R endobj Widespread, accurate, efficiently managed testing and contact-tracing programs allow countries to isolate those who have or are at high risk of contracting COVID-19. /K 203 /Tabs /S /P 1149 0 R 448 0 obj endobj /Font << /K 193 /P 773 0 R /Next 8 0 R /A 1135 0 R /S /TD
Companies should invest in online as part of their push for omnichannel distribution; this includes ensuring the quality of goods sold online. /S /TD /TT0 544 0 R /Pg 36 0 R /P 1237 0 R >> As European countries begin to consider how to exit lockdowns, local leaders are often the people best placed to evaluate conditions and impose measures that maximize economic recovery while protecting public health. /S /TD /Pg 37 0 R endobj /S /TD { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'old_topslot' }}, dfpSlots['topslot'] = googletag.defineSlot('/70903302/topslot', [[728, 90]], 'ad_topslot').defineSizeMapping(mapping_topslot).setTargeting('sri', '0').setTargeting('vp', 'top').setTargeting('hp', 'center').addService(googletag.pubads()); /Font << /Resources << null null null 57 0 R null null 58 0 R null null 59 0 R << null null null 84 0 R null null 85 0 R null null 86 0 R /P 1089 0 R The biggest factors are a fall in China’s GDP from nearly 6 percent growth to about 4.7 percent; a one-percentage-point drop in GDP growth for East Asia; and drops of up to 0.5 percentage points for other large economies around the world. /K 103 >> /A 1120 0 R /P 885 0 R /K 256
>> << 44 0 obj /P 973 0 R /Filter /FlateDecode The search for effective therapies for COVID-19 has yielded two important advances, so far, but no breakthrough transformative enough to obviate the need to limit cases. /A 882 0 R /K 129 /S /TD /Pg 36 0 R Our new global survey finds that organizations that are successfully responding to the crisis have deployed more advanced technologies, digital products, and tech talent to speed up innovation—and they expect most of these changes to outlast the pandemic. /Resources << /S /TD /Pg 36 0 R /F1 543 0 R endobj /Pg 35 0 R { bidder: 'openx', params: { unit: '539971158', delDomain: 'idm-d.openx.net' }}, << * false || false*/ >> Every country is looking to join the few that have controlled the epidemic for now and are focusing on preventing a resurgence. /Font <<
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