Bill George joins us to share his insights on authentic leadership–the theme of the latest edition of his best-selling book True North: Emerging Leader Edition . Bill is the former chairman and CEO of medical-device company Medtronic and the author of four best-selling books on leadership. He is currently an Executive Fellow at Harvard Business School, where he's taught leadership since 2004. Bill currently serves on the boards of Goldman Sachs and the Mayo Clinic, and he is a trustee of the Wor...
Jan 22, 2023•44 min•Transcript available on Metacast Google Cloud CEO Thomas Kurian joins us Inside the Strategy Room for a wide-ranging conversation where he discusses how he has grown Google's cloud business, how he manages innovation, and how he thinks about talent management. Thomas also shares insights on sustainability and the future of artificial intelligence and machine learning. This episode is an excerpt of a conversation Thomas and Adrian Booth , a senior partner in our Silicon Valley office, had at a recent gathering of global business...
Jan 06, 2023•42 min•Transcript available on Metacast Israel’s start-up ecosystem is already a powerhouse—how can the country continue to scale it up? This episode is the second on Israel’s vibrant start-up scene, and a continuation of McKinsey innovation leader Erik Roth 's conversation with Avi Hasson and Chemi Peres. Hasson leads a not-for-profit, Startup Nation Central, that promotes Israel’s start-up sector, while Peres leads a venture capital firm, Pitango , and a not-for-profit, The Peres Center for Peace and Innovation , that promotes peace...
Dec 29, 2022•27 min•Transcript available on Metacast Despite its small domestic market, Israel has managed to build a vibrant start-up scene that competes with those of much larger countries. In this episode, two leaders of Israel’s innovation culture, Avi Hasson and Chemi Peres, talk with McKinsey’s innovation leader Erik Roth in this first in a series of episodes on innovation in Israel. Hasson leads a not-for-profit, Startup Nation Central, that promotes Israel’s start-up sector, while Peres leads a venture capital firm, Pitango , and a not-for...
Dec 23, 2022•34 min•Transcript available on Metacast The risk and ambiguity inherent in innovation can make employees shy away from it. Creating an innovation culture where risk-taking is embraced must start at the top. Most executives will agree that fear—of criticism, of uncertainty, of career consequences—can paralyze innovation. In this episode, three innovation experts discuss ways to create an environment of psychological safety that rewards creative initiative and destigmatizes failure. Laura Furstenthal , Alex Morris , and Erik Roth , all ...
Dec 16, 2022•48 min•Transcript available on Metacast AI tools can help executives avoid biases in decisions, pull insights out of oceans of data, and make strategic choices more quickly. And that’s just the beginning. Can machines automate strategy development? The short answer is no. However, there are numerous aspects of strategists’ work where AI and advanced analytics tools can already bring enormous value. Yuval Atsmon is a senior partner who leads the new McKinsey Center for Strategy Innovation, which studies ways new technologies can augmen...
Dec 09, 2022•30 min•Transcript available on Metacast One of the surest signs of a thriving enterprise is robust and consistent revenue growth. That has not been easy to accomplish over the past 15 years. Now, with a slowing global economy, rising inflation, and geopolitical uncertainty, growth may become more elusive still. To help business leaders buck these trends, our guests Chris Bradley and Rebecca Doherty conducted an in-depth study of the growth patterns and performance of the world’s 5,000 largest public companies over the past 15 years. T...
Nov 28, 2022•33 min•Transcript available on Metacast In this episode we discuss strategy in an age of volatility. How are business leaders honing their edge in three critical areas–insights, commitment, and execution–to successfully navigate this period of uncertainty? How should executives manage the downside while aggressively pursuing the upside in times of crisis and disruption? To answer these questions, Sean Brown is joined by Michael Birshan and Ishaan Seth . Michael and Ishaan recently cowrote an article on this topic with Bob Sternfels , ...
Nov 18, 2022•43 min•Transcript available on Metacast Corporate resilience requires both protecting against the downside and preparing to capture the upside from any shocks. In this episode, three experts discuss the board's role in building that resilience. Asutosh Padhi is a senior partner in our Chicago office who helps industrial companies with functional, business unit, and enterprise-wide transformations. Celia Huber , a senior partner in our San Francisco Bay Area office, leads our board services work in North America. Finally, Ida Kristense...
Nov 04, 2022•43 min•Transcript available on Metacast The elements of an effective performance-management system are relatively simple, but integrating them into a business’ fundamental operating system can be more complex than it seems. In this episode, we discuss recent innovations in performance management that business leaders can implement across the planning and performance management cycle. We share best practices for how to incorporate energy transition and ESG themes into performance management, how to adopt an agile goal-setting approach,...
Oct 14, 2022•37 min•Transcript available on Metacast Few business leaders have more experience in M&A than Brad Jacobs. Over a four-decade-plus career, he created several billion-dollar corporations. The most recent three he built largely through acquisitions: United Rentals, an industrial equipment rental company; United Waste Systems, involved in garbage collection; and XPO, the logistics company he currently leads. At both United Rentals and United Waste, he executed more than 200 deals each. At XPO, he has created a digital-forward logistics l...
Oct 06, 2022•32 min•Transcript available on Metacast Growth is something every CEO and business leader aspires to deliver, but for many, it remains elusive. In this episode, Biljana Cvetanovski, Erik Roth, and Jill Zucker join Sean Brown to discuss the steps leaders can take to help foster sustainable, inclusive growth within their organizations. Biljana, Erik, and Jill are the co-authors of the recent Mckinsey.com article, ‘Choosing to grow: the leader’s blueprint.’ You can read the article here: https://www.mckinsey.com/capabilities/growth-marke...
Sep 29, 2022•18 min•Transcript available on Metacast In this episode, we hear from Richard Rumelt. Richard has been called, “A giant in the field of strategy.” He is the Harry and Elsa Kunin Chair Emeritus at the UCLA Anderson School of Management and a founding member and former president of the Strategic Management Society. He is also the author of Good Strategy/Bad Strategy: The Difference and Why it Matters, and in this episode he’ll explain how to circumvent what he calls, “the contagion of bad strategy.” His reflections are based on his late...
Sep 22, 2022•44 min•Transcript available on Metacast Resource allocation decisions are one of the clearest manifestations of a company’s strategic choices. By embedding ESG (or environmental, social, and governance) metrics and targets into those decisions, business leaders can progress from talking about ESG targets to intentionally creating the conditions by which those targets can be achieved. To discuss how to effectively allocate resources towards ESG priorities, Sean Brown is joined by Matt Stone and Fabian Apel. Matt is a partner in our Lon...
Sep 15, 2022•25 min•Transcript available on Metacast In this episode, we hear from McKinsey senior partner Miklós Dietz on the subject of the forthcoming book he has coauthored with Venkat Atluri titled, ‘The Ecosystem Economy: How to Lead in the New Age of Sectors Without Borders.’ The book offers an incisive and eye-opening look at the emerging ecosystem economy and what it means for companies used to familiar sector silos. We recorded Miklós speaking at an event for aspiring CEOs that McKinsey held in San Diego earlier this year. He explored ho...
Sep 08, 2022•33 min•Transcript available on Metacast In this episode, Tim Koller joins us again for the second of our two-part series celebrating two decades of McKinsey on Finance. Tim is the co-author of the best-selling book, Valuation, and helped to launch and steer our publication, McKinsey on Finance, through 80 issues over the past 20 years. Tim reflects on changes in the corporate finance and valuation landscape that have taken place over the last two decades in a wide-ranging conversation with the editor of McKinsey on Finance, David Schw...
Sep 01, 2022•33 min•Transcript available on Metacast In this episode we celebrate the 20th anniversary of our quarterly journal, McKinsey on Finance. We discuss the timeless truths of corporate finance, highlight three urgent challenges facing companies today, and look at how the fundamentals of finance can help business leaders address them. Sean Brown is joined by Tim Koller, a partner in our Denver office who oversees McKinsey on Finance and helps lead our global team of corporate finance consultants. Tim is also co-author of the best-selling b...
Aug 25, 2022•38 min•Transcript available on Metacast In this episode, we lay out the challenges that soaring inflation presents for business leaders and chart a path forward. We are joined by two authors of a recent McKinsey Quarterly article, ‘Navigating inflation: A new playbook for CEOs’. Ezra Greenberg is a partner in our Stamford, Connecticut office and co-leads our strategic transformation services work in North America. He also leads our work on macro scenarios and trends globally, helping clients understand how these forces impact strategy...
Aug 18, 2022•40 min•Transcript available on Metacast Singapore-based DBS Bank is known for having transformed itself from a local bank to a global leader. The bank has continued its evolution by focusing on digital transformation and building new digital products. DBS’s group head of strategy and planning is Han Kwee Juan. In this episode, Kwee Juan talks with McKinsey’s Erik Roth, a leader in McKinsey’s innovation work globally, about building a company culture that enables and promotes innovation. Subscribe to The Committed Innovator podcast ser...
Aug 11, 2022•27 min•Transcript available on Metacast Companies have a critical role to play in achieving the global aspiration of net-zero emissions—one that comes with vast business opportunities. In this episode, Michael Birshan, global co-leader of McKinsey’s Strategy and Corporate Finance practice, and Anna Moore, who co-leads the Sustainability Strategy practice in Europe, discuss their recent research on ways organizations can seize the initiative to foster, and benefit from, a net-zero future. Read Anna and Michael’s article: https://www.mc...
Aug 04, 2022•42 min•Transcript available on Metacast Read more > Listen to the podcast (duration: 36:58) > In this episode, we are joined by Juergen Esser, the chief financial, technology and data officer of multinational food company Danone–the company behind global brands like Evian water and Danone Yogurt. Juergen assumed his current role in February, 2021 after a 20-year career with the French company. He recently spoke with Clarisse Magnin, the managing partner of McKinsey’s Paris office, during a session that was ...
Jul 27, 2022•37 min•Transcript available on Metacast Over the past three years, Charles Lowrey, chairman and CEO of Prudential Financial, has led a transformation of the 150-year-old insurance and investment management company, a journey that has also spanned the entire pandemic. He joins Dame Vivian Hunt, a senior partner in our London office, to talk about how he grounded Prudential’s transformation in the firm’s purpose. Follow McKinsey's Strategy and Corporate and Finance practice on LinkedIn: https://www.linkedin.com/showcase/mckinsey-strateg...
Jul 20, 2022•32 min•Transcript available on Metacast Our friends at the Future of America podcast recently published a conversation between IBM CFO and senior vice president Jim Kavanaugh, and McKinsey senior partner and CFO Eric Kutcher. Jim and Eric’s discussion focused on how CFOs and other business leaders can continue to deliver sustainable, inclusive growth in the current challenging environment. They discussed the importance of resilience, and imperatives for today’s business leaders around talent, recruitment, and retention. It's our pleas...
Jul 14, 2022•31 min•Transcript available on Metacast American economist and author John A. List joins us to discuss his new book, ‘The Voltage Effect: How to make good ideas great and great ideas scale’. John is the Kenneth C. Griffin Distinguished Service Professor of Economics at the University of Chicago. His research includes over 200 peer-reviewed journal articles and several published textbooks. He has also worked both in government and the private sector as chief economist for Uber, Lyft, and now Walmart. His book argues that scaling is sub...
Jun 30, 2022•43 min•Transcript available on Metacast We discuss what’s commonly referred to as The Great Resignation–a phenomenon sweeping through many industries and countries. As the pandemic has made many of us rethink what matters most in our lives and careers, workers have been leaving their roles in record numbers. What strategies can employers implement to retain their talent? Can they actually turn this challenge into a talent recruitment opportunity? To answer these questions, we’re joined by Bonnie Dowling and Bryan Hancock. Bonnie is an...
Jun 23, 2022•41 min•Transcript available on Metacast In this episode of Inside the Strategy Room, Roger Crandall, chairman, president, and CEO of MassMutual, speaks with Pradip Patiath, a leader in McKinsey’s digital financial services practice, about embracing the disruption that’s transforming the insurance industry. Roger reflects on the changes in the industry, the risk environment, and the CEO role. Follow McKinsey's Strategy and Corporate and Finance practice on LinkedIn: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-financ...
Jun 16, 2022•34 min•Transcript available on Metacast In the second part of our conversation with James Gorman, Morgan Stanley’s chairman and CEO, is joined again by Vik Malhotra, a McKinsey senior partner. James reflects on his management style, his relationship with the board, as well as how he nurtures the talent pipeline­–including the “two Cs” that guide his decisions about people. You can find more interviews with the world's top-performing leaders in the acclaimed bestseller, CEO Excellence: The six mindsets that ...
Jun 02, 2022•30 min•Transcript available on Metacast Vik Malhotra and Asheet Mehta, McKinsey senior partners, talk with James Gorman, chairman and CEO of Morgan Stanley about how he reshaped the global financial firm's strategy following the global financial crisis. James also discusses how being an expert poker player helps him think through resource allocation. You can find more interviews with the world's top-performing leaders in the acclaimed bestseller, CEO Excellence: The six mindsets that distinguish the best leaders fro...
Jun 02, 2022•23 min•Transcript available on Metacast Pradyumna Agrawal is managing director for blockchain and venture building at Temasek , and as such is very active in searching out new use cases for blockchain and forming partnerships that can help bring products for this to market. Prady talks with McKinsey’s innovation leader Erik Roth about how he approaches his work bringing blockchain-based companies to market. Subscribe to The Committed Innovator podcast series: https://link.chtbl.com/Temasek ...
May 31, 2022•27 min•Transcript available on Metacast Spin-offs can give both companies more freedom and improve their performance if executives systematically consider the growth strategies, operations, talent, and cultural changes that each entity will require for a win–win scenario. Four experts join Sean Brown to explain how to best ensure spin-offs create value. Andy West is a senior partner in our Boston office and co-leads our M&A work globally. He is joined by Jan Krause , a partner based in Cologne who leads our M&...
May 19, 2022•44 min•Transcript available on Metacast