The State of Organizations 2023 - Flipbook - Page 33
Regional and industry views
than five times the number of respondents in France
and in the United Kingdom (and more than three
times the number of respondents in China) who
report that belief (Exhibit 26).
This research effort has revealed noteworthy
findings for organizations in specific geographies
and industries. For instance, levels of optimism
about the future vary among respondents in
different countries. The number of respondents
in India who believe that changes in the broader
external environment will ultimately have a positive
effect on their organizations’ profitability is more
Additionally, the data show different levels of
preparedness for what comes next across a range
of industries. For instance, almost 40 percent of
leaders and managers in the technology, media, and
Exhibit 27
Survey respondents’ readiness to address future opportunities and challenges
varies across industries.
Organizational readiness to address industry opportunities and challenges,
% of respondents (n = 2,222)1
38
34
34
32
31
28
23
Exhibit 26
17
Survey respondents’ optimism about how the broader business environment
will affect profitability varies across countries.
Positive impact of changes in broader environment on organization profitability,
% of respondents (n = 2,406)1
72
India
1
12
Technology,
media, and
telecom
1
45
China
35
US
28
Canada
26
14
14
Germany
UK
France
All respondents were asked to select the top 3 trends for their organizations. For these data, an additional question was posed to a subset of respondents:
How will changes in the broader environment (eg, the economy, consumer sentiment) affect your company’s profitability?
Source: McKinsey State of Organizations Survey, >2,500 leaders in organizations with ≥1,000 employees across industries in Canada, China, France, Germany,
India, Spain, UK, and US, May–June 2022
The State of Organizations 2023
Banking
Consumer
and retail
Advanced Professional, Travel,
Healthcare
industries scientific, transport, systems and
and technical
and
services
services
logistics
Public
sector
Energy and
materials
Education
All respondents were asked to select the top 3 trends for their organizations. For these data, an additional question was posed to a subset of respondents:
How ready (by measures such as capabilities, culture, structure, and processes) is your organization to address the opportunities and challenges of your industry?
Source: McKinsey State of Organizations Survey, >2,500 leaders in organizations with ≥1,000 employees across industries in Canada, China, France, Germany,
India, Spain, UK, and US, May–June 2022
telecommunications sector feel that their organizations
are ready to address the industry’s future challenges
and opportunities, but only 12 percent of those in
education say the same (Exhibit 27).
There are
opportunities
for all
organizations
to unleash
their full
potential and
thrive in 2023.
12
16
Regardless of location or industry, however, there
are opportunities for all organizations to unleash
their full potential and thrive in 2023—if they stay
abreast of key trends and heed lessons from the
organizations that are experimenting and starting to
get it right.
March 2023
13