The WTO director-general in conversation on trade, vaccines, and sustainable, inclusive growth

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Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   AN ARTICLE A DAY, PICKED BY OUR EDITORS Curious about how one of the world’s most influential women is thinking about trade and more? Don’t miss this conversation with the director-general of the World Trade Organization, Ngozi Okonjo-Iweala, who happens to be the first woman and first African in the role. From the ways the pandemic affected global trade to vaccine access in emerging economies and what an equitable recovery might look like, this lively conversation covers a lot of ground. Check it out, and subscribe to the McKinsey Global Institute’s Forward Thinking podcast if you like what you hear. — Torea Frey, managing editor, Seattle Forward Thinking on trade, vaccines, and sustainable and inclusive growth with WTO Director-General Ngozi Okonjo-Iweala The World Trade Organization’s first African—and first female—director-general reflects on the impact of the pandemic on trade, the imperative to ensure that vaccines reach Africa and other emerging economies, and how to ensure that trade is more inclusive in the years ahead. Address challenges Quote of the Day “[An] important part of a successful digital transformation is how you define what ‘good’ really looks like here. Because there isn’t a point in time when digital transformation is done. It’s much more about, ‘How am I building a real muscle for the organization to continue getting better and better as I go on?’” —Kate Smaje, McKinsey senior partner, on why digital transformation should be front and center on the CEO agenda in a recent episode of The McKinsey Podcast Chart of the Day See today’s chart Also New Can the automotive industry scale fast enough? The rapidly increasing uptake of electric vehicles could transform the automotive ecosystem and promote even greater innovations. For that to happen, two imperatives need attention now. Speed up A wave of innovation: The state of insurance in Asia and North America McKinsey senior partners Brad Mendelson and Kurt Strovink discuss insurance trends amid the COVID-19 pandemic and how insurers can adapt to stay ahead and capture customers. Keep up How biotechs can rethink their strategies after the market downturn Biotech stocks have taken a hit, but the sector will probably rebound. Companies can navigate the downturn by scrutinizing cash management and financing and rethinking paths to long-term value creation. Survive and recover Follow our thinking Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. This email contains information about McKinsey’s research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy. You received this email because you subscribed to the Daily Read newsletter. Manage subscriptions | Unsubscribe Copyright © 2022 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007