27 episodes

Forward Thinking examines groundbreaking ways in which the world is evolving and how people and organizations can respond to changing demands and technologies. In each episode theorists, innovators, and business leaders discuss global trends—technology, artificial intelligence, globalization, urbanization, climate change, and more—with hosts Michael Chui and Janet Bush of the McKinsey Global Institute.

Forward Thinking McKinsey Global Institute

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    • 4.8 • 6 Ratings

Forward Thinking examines groundbreaking ways in which the world is evolving and how people and organizations can respond to changing demands and technologies. In each episode theorists, innovators, and business leaders discuss global trends—technology, artificial intelligence, globalization, urbanization, climate change, and more—with hosts Michael Chui and Janet Bush of the McKinsey Global Institute.

    Forward Thinking on the transformative role of intangible assets in companies and economies with Jonathan Haskel and Stian Westlake

    Forward Thinking on the transformative role of intangible assets in companies and economies with Jonathan Haskel and Stian Westlake

    In this episode of the McKinsey Global Institute’s Forward Thinking podcast, co-host Janet Bush talks with Jonathan Haskel and Stian Westlake. Jonathan Haskel is professor of economics at Imperial College Business School at Imperial College London and an external member of the Monetary Policy Committee of the Bank of England. Stian Westlake is chief executive of the Royal Statistical Society in the United Kingdom.
    Haskel and Westlake talk about their pioneering work on intangible assets: how to define them to reflect their growing role in companies and economies, the benefits and risks, and how to enable a smoother transition to a dematerialized economy with such assets at its core. They answer questions including the following:
    ● So we really are now in the knowledge and know-how economy. Is this a new era for capitalism?
    ● Are intangibles good for us?
    ● How do you tell whether investment in intangibles is smart or dumb?
    ● Are intangibles a recipe for inequality?
    ● What needs to be fixed to ease the transition to the intangibles economy?
    This conversation was recorded in December 2021. To read a transcript of this episode, visit: https://mck.co/HaskelWestlake

    Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more.

    • 39 min
    Forward Thinking on globalization and the evolving role of corporate leadership in the 21st century with Matthew Slaughter

    Forward Thinking on globalization and the evolving role of corporate leadership in the 21st century with Matthew Slaughter

    In this episode of the McKinsey Global Institute’s Forward Thinking podcast, co-host Michael Chui talks with Matthew J. Slaughter, Paul Danos Dean and Earl C. Daum 1924 Professor of International Business at the Tuck School of Business at Dartmouth College. Slaughter takes the temperature of globalization, discussing ways of tackling distributional challenges and ensuring it works for ordinary families. He also reflects on the evolving demands on leaders of corporations in the 21st century, positing that those who recognize their wider purpose in society tend to outperform on productivity growth and profits. He answers questions including the following:
    ● At a time of great challenge in terms of globalization, what has worked, what hasn’t worked, and what have we learned?
    ● What can be done to achieve the benefits of globalization while making sure distributional challenges are addressed?
    ● How have the demands placed on leaders in the 21st century changed?
    ● In late 2021, there is a lot of discussion about supply chain issues. What is going on here and what is going to happen?
    This conversation was recorded in November 2021. To read a transcript of this episode, visit: https://mck.co/MattSlaughter

    Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more.

    • 34 min
    Forward Thinking on the enduring power of engineering in a digitizing world with Hayaatun Sillem

    Forward Thinking on the enduring power of engineering in a digitizing world with Hayaatun Sillem

    In this episode of the McKinsey Global Institute’s Forward Thinking podcast, co-host Janet Bush talks with Hayaatun Sillem. She is the chief executive officer of the Royal Academy of Engineering in the United Kingdom—the first woman to serve in that role—and of the Queen Elizabeth Prize for Engineering. She also serves as chair of judges for The St Andrews Prize for the Environment.
    Sillem discusses her transition from a career as a biochemist into the world of engineering, and the work she does to promote the industry to girls and women as well as individuals from ethnic minority backgrounds. On the latter, she collaborated with seven-time Formula One world champion Sir Lewis Hamilton on a landmark study on diversity in motor sport. She answers questions including the following:
    — What excites you most in the world of science at the moment?
    — How does engineering fit into a dematerialized world?
    — How do we change the low share of girls and women who study engineering?
    — Do you feel optimistic or pessimistic that we can solve the environmental challenges facing us?
    This conversation was recorded in November 2021. To read a transcript of this episode, visit: https://mck.co/Sillem

    Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more.

    • 34 min
    Forward Thinking on making labor markets work smarter—for people and companies—with Beth Cobert and Byron Auguste

    Forward Thinking on making labor markets work smarter—for people and companies—with Beth Cobert and Byron Auguste

    In this episode of the McKinsey Global Institute’s Forward Thinking podcast, Michael Chui talks to Byron Auguste and Beth Cobert whose professional life is dedicated to fostering a more skills-based labor market. Their focus is on the United States, but their diagnostic can just as easily apply to other countries and regions. Both worked at McKinsey & Company for many years on labor-market issues before going on to work in the Obama administration. Today, Beth is the chief operating officer of the Markle Foundation and CEO of Skillful, a Markle Foundation initiative. Byron Auguste is the co-founder and CEO of Opportunity@Work. They answer questions including the following:
    — Who is actually working in the US labor market?
    — How does the language we use—“low skill”, “high skill”—cause problems?
    — What could a potential future of more of a skills-based workforce look like?
    — If employers and people want a skills-based workforce, why aren’t we there already?
    — Do we all have to wait until there’s some global skills taxonomy we all use? How does this thing evolve so that it actually becomes practical?
    This conversation was recorded in October 2021. To read a transcript of this episode, visit: https://mck.co/BethCobertByronAuguste

    Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more.

    • 44 min
    Forward Thinking on pandemic preparedness, climate risk, and Europe’s recovery with Guntram Wolff

    Forward Thinking on pandemic preparedness, climate risk, and Europe’s recovery with Guntram Wolff

    In this episode of the McKinsey Global Institute’s Forward Thinking podcast, co-host Janet Bush speaks with Guntram Wolff, the director of Bruegel, which is regularly ranked one of the top global think tanks. In early 2021, he was appointed to a new G-20 panel on pandemic prevention, preparedness, and response.
    Wolff discusses the challenge of being better prepared for future pandemics, climate risk in the run-up to the UN Climate Change Conference (COP26) in Glasgow, and prospects for Europe’s economies as they begin to recover from the shock of the pandemic. He answers questions including the following:
    — With your economist’s hat on, if you had to choose, what would be the one insight you would take away from the pandemic?
    — What is the aim of the High Level Independent Panel on Financing the Global Commons for Pandemic Preparedness and Response?
    — Is the balance of incentives tipping in the right direction for an effective response to climate change?
    — Is Europe in good shape to recover from the pandemic?
    — How could the tapering of pandemic-related economic support work with the very large economic imbalances between Northern and Southern Europe?
    This conversation was recorded in September 2021. To read a transcript of this episode, visit: https://mck.co/GuntramWolff

    Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more.

    • 29 min
    Forward Thinking on economies beyond COVID-19 with Michael Spence

    Forward Thinking on economies beyond COVID-19 with Michael Spence

    In this episode of the McKinsey Global Institute’s Forward Thinking podcast, co-host Janet Bush speaks with distinguished economist Michael Spence. He is professor of economics and dean emeritus at the Stanford Graduate School of Business, senior fellow at the Hoover Institution at Stanford, senior professor at SDA Bocconi, and Nobel laureate in Economic Sciences, 2001.
    Spence reflects on some of the major shifts and challenges ahead, from rolling out vaccine programs in lower-income economies to tackling climate change. He answers questions like:
    ● Is the current fragility in supply chains a sign that something more fundamental is happening that could affect the course of globalization?
    ● Will new ways of working that emerged during the pandemic persist and, if so, what are the broader economic implications?
    ● Are you even more worried about rising inequality now than before the pandemic?
    ● Are you optimistic or pessimistic about COP26, the UN Climate Change Conference?
    ● Can you see a silver lining to this pandemic?

    This conversation was recorded in September 2021. To read a transcript of this episode, visit: https://mck.co/MichaelSpence

    Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more.

    • 30 min

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