Read more > Listen to the podcast (duration: 32:40) > Bill Osborne, the president of New Zealand Rugby and celebrated All Black player, is one of the few sports stars who later succeeded at translating their skills to the field of business. He went on to serve in senior roles at New Zealand Post and Quotable Value New Zealand. He also served on corporate and not-for-profit boards, including the 2 Degrees telecommunications company, CoreLogic New Zealand, and the Maori...
May 03, 2022•33 min•Transcript available on Metacast Read more > Listen to the podcast (duration: 42:53) > The U.S. Securities and Exchange Commission (SEC) has a proposed a new rule that, if adopted, would require public companies to provide detailed reporting of their climate-related risks, emissions, and net-zero transition plans. In this episode of the Inside the Strategy Room podcast, four McKinsey experts explain the ramifications of the proposal for CFOs and other senior leaders. Laura Corb leads the Sustainabili...
Apr 29, 2022•45 min•Transcript available on Metacast Sean Brown is joined by the three co-authors of a recent article that articulates the scope and potential solutions for one of the biggest challenges of our times: fostering economic growth for the good of all. Tracy Francis, a member of McKinsey’s global leadership team, leads the firm’s consumer packaged goods and retail work across Latin America. Anu Madgavkar is a member of the McKinsey Global Institute (MGI) and leads work on labor markets and human capital, technology&rsq...
Mar 24, 2022•42 min•Transcript available on Metacast Disruptive food start-ups have increasingly grabbed headlines and the attention of large consumer packaged goods companies. The plant-based keto snack company Keho is continuing this trend by offering its savory “real food” bites to a health-conscious market that includes athletes at one end of a spectrum, and people looking to resolve health problems with diet change on the other. Keho founder and McKinsey adviser Tekla Back has long been a food and keto enthusiast, and started the ...
Mar 03, 2022•31 min•Transcript available on Metacast The pandemic has been a stark reminder for many organizations that they are insufficiently prepared for crises that could not merely destabilize them but put them out of business. In this episode of our board perspective series , we look at the board’s role in ensuring readiness for such existential risks. Nora Aufreiter is an experienced director, and a McKinsey senior adviser. Celia Huber leads McKinsey’s board services work in North America, and Ophelia Usher works in McKinsey&rsq...
Feb 24, 2022•42 min•Transcript available on Metacast In the upcoming book, CEO Excellence: The Six Mindsets That Distinguish the Best CEOs from the Rest, three McKinsey senior partners offer leadership lessons from 67 CEOs of some of the world’s most successful companies. In this second episode, we discuss culture, managing stakeholders, and how the pandemic has impacted the CEO role. Carolyn Dewar and Scott Keller, who co-lead McKinsey’s global CEO Excellence practice, are joined by Vik Malhotra, former chair of our firm’s Ameri...
Feb 15, 2022•24 min•Transcript available on Metacast In the upcoming book, CEO Excellence: The Six Mindsets That Distinguish the Best CEOs from the Rest, three McKinsey senior partners offer leadership lessons from 67 CEOs of some of the world’s most successful companies. In this episode, the first of two, we will discuss some of the insights from their book, including some great stories from their interviews. We also discuss how exceptional chief executives rally their teams around the vision and how they engage the board of directors...
Feb 11, 2022•24 min•Transcript available on Metacast Read more > Listen to the podcast (duration: 28:15) > We hear from Brendan Whitworth, Chief Executive Officer of Anheuser-Busch and Zone President North America of global brewing giant AB InBev. He was appointed to his role in July 2021 after leading sales in the US. Brendan shares his vision for the brewer’s next phase of growth. He spoke with Ed Little, a senior partner in our Dallas office, who serves clients in the consumer goods industry. Discover our latest insi...
Feb 01, 2022•28 min•Transcript available on Metacast Read more > Listen to the podcast (duration: 25:01) > Two experts discuss programmatic M&A, an approach to mergers and acquisitions that over many years has proven to be the most successful at delivering results—provided you execute it right. Robert Uhlaner, who co-led McKinsey’s Strategy and Corporate Finance practice until his retirement this summer, and Liz Wol, the global leader of McKinsey’s work on M&A capability building and programmatic M&A strategy, explain w...
Jan 13, 2022•25 min•Transcript available on Metacast Read more > Listen to the podcast (duration: 31:31) > While environmental, social, and governance (ESG) issues increasingly dominate the executive agenda, not all three elements get equal attention. This episode of the Inside the Strategy Room podcast—one of three exploring the various challenges around ESG—delves into the element that is most often overlooked, but has been put into a sharp focus by the pandemic: the “S.” Senior partner Dame Vivian Hunt and Bruce Simp...
Dec 16, 2021•32 min•Transcript available on Metacast “Stakeholder capitalism” is the buzzword du jour for business practices that strive to achieve more than profits and a high stock price. But what does benefitting all stakeholders really entail? What trade-offs do companies have to make? And how do business leaders put the aspiration into practice? In this episode of the Inside the Strategy Room podcast—the second in a series on meeting the challenges of environmental, social, and corporate governance (ESG) demands—two ex...
Dec 09, 2021•36 min•Transcript available on Metacast Read more > Listen to the podcast (duration: 33:46) > Purpose and environmental, social, and corporate governance (ESG) issues represent critical challenges for both boards and executive teams. They have become particularly salient since the COVID-19 pandemic, which forced corporations to scrutinize their responsibilities and role in society. In this episode—one of three exploring the various challenges around ESG—two experts who have long studied the connection betwe...
Dec 02, 2021•34 min•Transcript available on Metacast Read more > Listen to the podcast (duration: 24:41) > Frank D’Amelio has been the CFO of Pfizer for 14 years, but the past 18 months have been like unlike any other. In this episode, he relates how the company addressed the most urgent and massive challenge in its history: developing a vaccine for COVID-19. Working in partnership with BioNTech, Pfizer accomplished that feat in record-breaking time, helping to alleviate the biggest global health crisis in living memory...
Dec 01, 2021•25 min•Transcript available on Metacast Read more > Listen to the podcast (duration: 32:41) > When Kevin Hostetler took the reins of Rotork, a UK-based company that makes industrial flow-control equipment, he immediately launched a multi-year transformation to help the company benefit from trends transforming the industries it serves. In this episode he talks with Anna Koivuniemi, co-leader of McKinsey’s work on growth strategy, about the progress Rotork has made and the challenges of changing the culture. ...
Nov 11, 2021•33 min•Transcript available on Metacast As organizations increasingly grapple with digital transformations, large technology investments, and shifts to the cloud, these issues regularly appear on board agendas. In this episode of the Inside the Strategy Room podcast, Steve Van Kuiken, global leader of the McKinsey Technology practice and co-author of a recent article about ways boards can shape the cloud agenda, speaks with two experienced directors about the implications of such a move. David Court sits on the boards of pension inves...
Oct 28, 2021•46 min•Transcript available on Metacast In this episode, we explore how digital analytics is revolutionizing strategy. Nicholas Northcote, who for years led McKinsey’s research on strategic decision making, is joined by Sagie Davidovich, the co-founder and CEO of SparkBeyond, a McKinsey partner company that operates an AI-driven analytics platform, and Sasha Vesuvala, who leads much of McKinsey’s work in applying advanced analytics to strategy and growth-related questions. Our conversation is based on the recent McKinsey.c...
Oct 20, 2021•24 min•Transcript available on Metacast Read more > Listen to the podcast (duration: 50:13) > Companies looking to bring breakthrough innovations to life need the right organizational structures and incentives in place. In his book Loonshots: How to Nurture the Crazy Ideas That Win Wars, Cure Diseases, and Transform Industries (St. Martin’s Press, March 2019), Safi Bahcall, a former biotech CEO who now helps organizations innovate, explains what that requires. In this episode, he talks with Erik Roth, leade...
Oct 14, 2021•50 min•Transcript available on Metacast What responsibilities does business have to society and what benefits do companies deliver to stakeholders and society at large? In this episode of the Inside the Strategy Room podcast, two authors of a new McKinsey Global Institute (MGI) report share recent research on how the value companies bring to economies, societies, and households has changed over the past quarter century. Michael Birshan is the global co-leader of the Strategy and Corporate Finance practice while Clarisse Magnin-Mallez ...
Oct 07, 2021•34 min•Transcript available on Metacast In business, breaking up is hard to do. While divesting businesses in a timely manner is an essential aspect of effective portfolio management, companies tend to struggle with separation decisions. In this episode, three experts discuss how to determine which businesses to strengthen and which to divest and explain how to make your M&A strategy nimble enough to keep up with increasingly dynamic markets. Obi Ezekoye, a leader in the Strategy and Corporate Finance practice, and Anthony Luu, an...
Sep 09, 2021•38 min•Transcript available on Metacast As companies prepare for the recovery from the pandemic, many leaders hope innovation will set them up for the next phase of growth. In this episode, Laura Furstenthal, whose client work focuses on healthcare organizations and innovation transformations, and Erik Roth, leader of McKinsey’s global innovation practice, explain how to establish a sustainable innovation process . Discover our latest insights and join more than 92,000 influential professionals who are part of our LinkedIn commu...
Aug 24, 2021•27 min•Transcript available on Metacast Read more > Listen to the podcast (duration: 30:14) > The combination of Dow Chemical and DuPont in 2017, followed by a split into three separate companies, was a huge and highly complex transaction that transformed the chemical industry landscape. In this episode, Howard Ungerleider, president and CFO of Dow, explains how the management teams of the two global giants approached the merger that produced three market-leading players. He spoke with John Warner, who co-l...
Aug 20, 2021•30 min•Transcript available on Metacast Read more > Listen to the podcast (duration: 36:36) > Board members are increasingly challenging management to ensure the organization’s talent pipeline can meet the needs of the strategy. In this episode, we continue our series on board perspectives by looking at the board’s role in helping organizations develop the right talent and culture. To explore this topic, Frithjof Lund, the global leader of McKinsey’s board services work, speaks with two experts on governanc...
Jul 29, 2021•37 min•Transcript available on Metacast Read more > Listen to the podcast (duration: 32:01) > The COVID-19 pandemic forced the National Basketball Association (NBA) to develop new ways to engage with fans. Amy Brooks is the NBA’s first chief innovation officer. She oversees innovation initiatives across four leagues—the NBA, the Women’s National Basketball Association (WNBA), the NBA G League (minor league), and the esports NBA 2K League—and has used the difficulties of the pandemic as an opportunity to exp...
Jul 19, 2021•32 min•Transcript available on Metacast Read more > Listen to the podcast (duration: 29:48) > As chairman and CEO of State Street Corporation, Ron O’Hanley oversees one of the largest and oldest American financial institutions, with $38 trillion in assets under custody and administration, and $3.5 trillion in assets under management. In this episode he tells Celia Huber, who leads McKinsey’s board services work in North America, why State Street’s focus on environmental, social, and corporate governance (ES...
Jun 24, 2021•30 min•Transcript available on Metacast Read more > Listen to the podcast (duration: 33:26) > For Michelle Gass, the CEO of US retail chain Kohl’s, the pandemic delivered an education in the importance of decisive and inclusive leadership. But preparing the company for growth in the recovery, starting with a major partnership with cosmetics brand Sephora, is where her true passion lies. In this episode, she speaks with Sajal Kohli, leader of McKinsey’s global retail and consumer packaged goods work, about u...
Jun 21, 2021•33 min•Transcript available on Metacast Read more > Listen to the podcast (duration: 34:47) > As the global leader of GS Accelerate, Goldman Sachs’ internal incubator that identifies, invests in, and develops new businesses, Tanya Baker has been instrumental in helping the financial services giant establish sustainable innovation capabilities. In this episode of the Committed Innovator series, Baker shares her experience evolving the program and fostering entrepreneurial ventures within the firm. Tanya spok...
Jun 15, 2021•35 min•Transcript available on Metacast Airbnb navigated a major crisis in 2020–the online marketplace went from having its long-term survival questioned to staging a successful IPO several months later. In this episode, James Manyika, a senior partner based in San Francisco who co chairs the McKinsey Global Institute, talks with Brian Chesky about his experience leading Airnbnb through the crisis. Their discussion is based upon an article James recently co-authored titled, ‘It's time to build 21st century companies: Learning to thriv...
Jun 08, 2021•42 min•Transcript available on Metacast Read more > Listen to the podcast (duration: 28:59) > The process of joining a public company’s board tends to be complex and confusing, especially for first-time directors. In this episode of the Inside the Strategy Room podcast, Celia Huber, who leads McKinsey’s board services work in North America, speaks with experts on board membership and governance from the executive search and leadership consulting firm Spencer Stuart, based in Chicago, and the independent inv...
Jun 03, 2021•29 min•Transcript available on Metacast Crises tend to give rise to remarkable innovations and insights. Today is just such a moment, raising challenges to many long-held beliefs about how companies should operate. In this episode, McKinsey’s global leader Kevin Sneader talks with senior partner Celia Huber about the eight trends that will shape the post-COVID-19 economy, which he writes about in his recent article, ‘The next normal arrives: Trends that will define 2021—and beyond’ . Their conversation took place dur...
May 20, 2021•24 min•Transcript available on Metacast Read more > Listen to the podcast (duration: 32:40) > As the former CEO of BBA Aviation and a senior executive at GKN, Simon Pryce has led organizations that grew rapidly through acquisitions. Now, as the CEO of Ultra Electronics, a British company that develops technology for defense and security industries, he is overseeing a corporate transformation that aims to position Ultra for future growth. In this episode of the Inside the Strategy Room podcast, he talks with...
May 17, 2021•33 min•Transcript available on Metacast