Journal Report

Journal Report 9: COVID-19 – McKinsey Briefing note

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Epidemiological swing factors for COVID-19

  • Growth of new transmission complexes and evidence of seasonality;
  • Impact of physical-distancing measures;
  • The readiness of the health system to navigate recurrence;
  • The emergence of herd immunity.

Two new insights

  • Beyond coronavirus: The path to the next normal;
  • Safeguarding our lives and our livelihoods: The imperative of our time.

GDP impact scenario

Image source: McKinsey & Company. Safeguarding our lives and our livelihoods: The imperative of our time. Available at: https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/safeguarding-our-lives-and-our-livelihoods-the-imperative-of-our-time [Accessed Apr 8, 2020]

5 horizons companies need to think and act across

5 horizons

Companies need to increase communication, balancing the needs of the business with expectation setting and morale building.

Steps to take

  • Support and protect employees in this brave new world;
  • Monitor leading indicators of how and where the pandemic is evolving and conduct scenario planning using both epidemiological and economic inputs;
  • Think about the next horizons of COVID-19;
  • Evolve the nerve center to plan for the next phase.
Content source: Craven. M., Mysore. M., Singhal. S., Smit. S., and Wilson. M. . (2020) COVID-19: Briefing note, March 30, 2020. McKinsey & Company [Accessed on 8 Apr, 2020]

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