Services And Information
These grim statistics current a challenge for banks and other client-facing businesses, corresponding to telecom firms, retailers, well being systems, and utilities. A delicate balancing act awaitsthese organizations as they work to ensure that customers obtain the necessary help—and that lenders can continue to cultivate relationships with their borrowers—while preserving shareholder value in the long term. A detailed perspective on utilitiesconsiders this and different conundrums. McKinsey continues to track economic and epidemiological developments around the world. For an overview, read our newest briefing materials(July 6, 2020).
In this state of affairs, case count continues to develop, given the virus’s excessive transmissibility. While this inevitably causes a robust public reaction and drop in demand, different countries are able to obtain the same fast control seen in China, in order that the peak in public concern comes comparatively quickly (within one to two weeks). Given the low fatality rates … Read More