Forward Thinking

Co-host Michael Chui talks with Nan Ransohoff. Ransohoff is the head of climate at Stripe and leads Frontier, an advanced market commitment for carbon removal. She answers questions including: Is carbon removal a get out of jail free card for emitters? What are the most promising carbon removal technologies? Is it possible to scale up effective technologies quick enough? How much do costs need to come down before scaling is possible? What is an advanced market commitment? See www.mckinsey.com/privacy-policy for privacy information

Co-host Michael Chui talks with Andy McAfee. McAfee is a principal research scientist at the MIT Sloan School of Management, co-founder and co-director of MIT's initiative on the digital economy, and the inaugural visiting fellow at the Technology in Society organization at Google. See www.mckinsey.com/privacy-policy for privacy information

Co-host Janet Bush talks with Stephen King. King is a senior economic advisor to HSBC, having served as the bank's group chief economist from 1998 to 2015. His latest book, very prescient in timing, is We Need to Talk About Inflation: 14 Urgent Lessons from the Last 2,000 Years. In this podcast, he covers topics including the following: The root causes of the current resurgence of inflation How long higher inflation may persist What history tells us about the management of inflation The main economic problem that lies ahead Why inflation matters See www.mckinsey.com/privacy-policy for privacy information

Co-host Janet Bush talks with Homi Kharas. Kharas is a senior fellow in the Center for Sustainable Development at the Brookings Institution and also cofounder of World Data Lab. He studies policies and trends influencing developing countries, the emergence of the world's middle class, and global governance. He's collaborated with the McKinsey Global Institute on research into consumers in emerging markets and economic empowerment, and his latest book is The Rise of the Global Middle Class: How the Search for the Good Life Can Change The World. In this podcast, he covers topics including the following: How the character of the world's middle classes is changing How the middle classes shape our world What becoming middle class means for a household The role of the middle class in climate change How AI may affect the middle class See www.mckinsey.com/privacy-policy for privacy information

Co-host Janet Bush talks with Ann Mettler. Mettler is Vice President, Europe, at Breakthrough Energy, working on cleantech innovation in pursuit of a net-zero-emissions future. Before her current role, she worked for many years in European public policy. She was head of the European Political Strategy Center, the in-house think tank of the European Commission, from 2014 to 2019. In this podcast, she covers topics including the following: Investing for climate impact The challenges in Europe's clean energy technological ecosystem Useful innovation beyond new products The new priority of energy security accelerating the net-zero transition See www.mckinsey.com/privacy-policy for privacy information

Co-host Janet Bush talks with Justin Yifu Lin. Lin is dean of the Institute of New Structural Economics, dean of the Institute of South-South Cooperation and Development, and professor and honorary dean of the National School of Development at Peking University. He served as chief economist at the World Bank from 2008 to 2012, and he actually took up his World Bank position after serving for 15 years as professor and founding director of the China Center for Economic Research at Peking University. In this podcast, he covers topics including the following: What is new structural economics? How can emerging economies catch up? Is globalization going into reverse? Will the economies of China and Asia maintain momentum? See www.mckinsey.com/privacy-policy for privacy information

Co-host Janet Bush talks with Andrew J. Scott. Scott is professor of economics at London Business School; his work focuses on the economics of longevity. He's co-founder of the Longevity Forum and a member of the World Economic Forum's Council on Healthy Aging and Longevity, topics that are very much the focus of the McKinsey Health Institute. His book The 100-Year Life has sold more than a million copies in 15 languages. In this podcast, he covers topics including the following: What benefits could greater longevity offer to economies? Redefining retirement What could be done to help people live healthier for longer See www.mckinsey.com/privacy-policy for privacy information

Cohost Janet Bush talks with Carlos Lopes. He is a professor in the Mandela School of Public Governance at the University of Cape Town. He's also an affiliate professor at Sciences Po, Paris, an associate fellow in the Africa Program at Chatham House, and a member of the African Union reform team. Lopes was the policy director for UN Secretary General Kofi Annan and executive secretary of the UN Economic Commission for Africa. He serves as an advisor on MGI's research on Africa, including our latest report, which discusses the continent's human capital and natural resources and how they can help to accelerate productivity and reimagine Africa's economic growth. His views are his own. In this podcast, he covers topics including the following: The factors constraining Africa's potential The promise of AI for Africa The threat and opportunity of climate change for Africa See www.mckinsey.com/privacy-policy for privacy information

Cohost Michael Chui talks with Betsey Stevenson and Justin Wolfers, both professors of public policy and economics at the University of Michigan. They cover topics including the following: Subjective well-being How the labor market has evolved since the pandemic A decline in inequality The potential impact of AI Why write a new economics text book? See www.mckinsey.com/privacy-policy for privacy information

Co-host Michael Chui talks with business professor Ethan Mollick. He is an associate professor at the Wharton School at the University of Pennsylvania. Mollick covers topics including the following: What is generative AI? How substantial are the performance improvements workers can gain from using generative AI How to use human management skills to get better results from generative AI What generative AI means for the future of work and trust What he learned when he made the use of generative AI mandatory in his classes See www.mckinsey.com/privacy-policy for privacy information

Co-host Michael Chui talks with economist Hans-Helmut Kotz who is a visiting professor of economics at Harvard University, a senior policy fellow at the Leibniz Institute for financial research at Goethe University, Frankfurt, and on the economics faculty of Freiburg University. Kotz covers topics including the following: Parallels between the 2007–09 global financial crisis and today's financial turbulence. The balance that banking regulators need to strike to protect the economy but encourage innovation. Being prepared by taking eclectic perspectives. See www.mckinsey.com/privacy-policy for privacy information

Co-host Janet Bush talks with economist Dany Bahar. He is an associate professor of practice of international and public affairs at Brown University's Watson Institute and a senior fellow of the Growth Lab at the Harvard Center for International Development. He's also a nonresident fellow at the Brookings Institution and the Center for Global Development. Two themes stand out in his work: the diffusion of technology and knowledge, and migration. In this podcast, Bahar covers topics including the following: Why some countries are rich and some are poor The role of people on the move in spreading knowledge and raising productivity The opportunity of Ukraine's refugee diaspora How companies can reap rewards by integrating migrants See www.mckinsey.com/privacy-policy for privacy information

Co-host Michael Chui talks with Nouriel Roubini. Roubini is professor emeritus of economics at the Stern School of Business at New York University, and CEO of Roubini Macro Associates, a global macroeconomics consultancy. He covers topics including the following: The “mother of all” debt crises and what to do about it Likely future trends in the global balance sheet—the world's economic health and wealth The trajectory of globalization Which “megathreat” worries him most See www.mckinsey.com/privacy-policy for privacy information

Co-host Michael Chui talks with Justin Adams. Adams is the head of partnerships at Just Climate, a climate-led investment business. he answers questions, including: How does nature or the ecosystem provide services to the economy? How much needs to be invested in nature? What role can capitalism play in addressing issues around sustainability? What kind of innovations have real potential to mitigate carbon emissions? See www.mckinsey.com/privacy-policy for privacy information

In this podcast, economist Alan Taylor covers how history can provide a lens into trends in globalization and wealth and the long-term impact of pandemics.See www.mckinsey.com/privacy-policy for privacy information

In this episode, co-host Michael Chui talks with Nicholas Bloom. Bloom is the William Eberle Professor of Economics at Stanford University and a senior fellow at the Stanford Institute for Economic Policy Research. He covers topics including the following: The history of remote work How remote work can enhance productivity What practices make hybrid work most effective How the views of employers and employees compare on working remotely See www.mckinsey.com/privacy-policy for privacy information

Janet Bush talks with Chad P. Bown. Bown is Reginald Jones Senior Fellow at the Peterson Institute for International Economics. They cover topics including: How contentious current trading relationships are in the context of history Is the world deglobalizing or not? The economic and human cost of decoupling See www.mckinsey.com/privacy-policy for privacy information

In this episode of the McKinsey Global Institute's Forward Thinking podcast, co-host Michael Chui talks with Jayshree Seth, a corporate scientist and the chief science advocate at the 3M company. She covers topics including: How the human context can be brought into the practice of science and engineering Expanding talent pipelines into STEM fields The role of leadership in technical fieldsSee www.mckinsey.com/privacy-policy for privacy information

In this episode of the McKinsey Global Institute's Forward Thinking podcast, Janet Bush talks with Jessica Fanzo. Fanzo is the Bloomberg Distinguished Professor of Global Food Policy and Ethics at the Berman Institute of Bioethics, the BloombergSchool of Public Health, and the Nitze School of Advanced International Studies at Johns Hopkins University in the United States. From 2017 to 2019, Fanzo served as the co-chair of the Global Nutrition Report and the UN High Level Panel of Expertson Food Security and Nutrition. She was the first laureate of the Carasso Foundation's Premio Daniel Carasso prize in 2012 for her research on sustainablefood and diets for long-term human health.See www.mckinsey.com/privacy-policy for privacy information

In this episode of the McKinsey Global Institute's Forward Thinking podcast, Michael Chui talks to Tyler Cowen, Holbert L. Harris Chair of Economics at George Mason University, who serves as chairman and general director of the Mercatus Center at George Mason University. With colleague Alex Tabarrok, Cowen is coauthor of the popular economics blog Marginal Revolution and cofounder of the online educational platform Marginal Revolution University. This conversation was recorded in September 2022. To read a transcript of this episode, visit: https://mck.co/TylerCowen Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more.See www.mckinsey.com/privacy-policy for privacy information

In this episode of the McKinsey Global Institute's Forward Thinking podcast, Michael Chui talks to Tyler Cowen, Holbert L. Harris Chair of Economics at George Mason University, who serves as chairman and general director of the Mercatus Center at George Mason University. With colleague Alex Tabarrok, Cowen is coauthor of the popular economics blog Marginal Revolution and cofounder of the online educational platform Marginal Revolution University. This conversation was recorded in September 2022. To read a transcript of this episode, visit: https://mck.co/TylerCowen Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more. Read more > Listen to the podcast (duration: 47:57) >

In this episode of the McKinsey Global Institute's Forward Thinking podcast, co-host Michael Chui talks with Alec Stapp, co-CEO of the Institute for Progress, a Washington, DC, think tank he co-founded in January 2022. Progress is a policy choice, its founders say, and they have chosen to focus initially on three topics—meta-science, high-skill immigration, and biosecurity. Why those three? Their view is that each one is important, neglected by other researchers, and potentially tractable politically. This conversation was recorded in July 2022. To read a transcript of this episode, visit: https://mck.co/AlecStapp Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more.See www.mckinsey.com/privacy-policy for privacy information

In this episode of the McKinsey Global Institute's Forward Thinking podcast, co-host Michael Chui talks with Alec Stapp, co-CEO of the Institute for Progress, a Washington, DC, think tank he co-founded in January 2022. Progress is a policy choice, its founders say, and they have chosen to focus initially on three topics—meta-science, high-skill immigration, and biosecurity. Why those three? Their view is that each one is important, neglected by other researchers, and potentially tractable politically. This conversation was recorded in July 2022. To read a transcript of this episode, visit: https://mck.co/AlecStapp Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more. Read more > Listen to the podcast (duration: 42:31) >

In this episode of the McKinsey Global Institute's Forward Thinking podcast, co-host Janet Bush talks to Edwin Keh, the CEO of the Hong Kong Research Institute of Textiles and Apparel. It was set up in 2006, with the aim of becoming a center of excellence in research and development in the fashion and textiles industry. The institute has won awards for garment recycling and for its work on a yarn that captures carbon dioxide from the air. Keh is also on the faculty at the Wharton School, University of Pennsylvania, and the Hong Kong University of Science and Technology. He has long experience in the retail business, working for Walmart and Donna Karan, among others. This conversation was recorded in June 2022. To read a transcript of this episode, visit: https://mck.co/EdwinKeh Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more. Read more > Listen to the podcast (duration: 42:41) >

In this episode of the McKinsey Global Institute's Forward Thinking podcast, co-host Janet Bush talks to Edwin Keh, the CEO of the Hong Kong Research Institute of Textiles and Apparel. It was set up in 2006, with the aim of becoming a center of excellence in research and development in the fashion and textiles industry. The institute has won awards for garment recycling and for its work on a yarn that captures carbon dioxide from the air. Keh is also on the faculty at the Wharton School, University of Pennsylvania, and the Hong Kong University of Science and Technology. He has long experience in the retail business, working for Walmart and Donna Karan, among others. This conversation was recorded in June 2022. To read a transcript of this episode, visit: https://mck.co/EdwinKeh Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more.See www.mckinsey.com/privacy-policy for privacy information

In this episode of the McKinsey Global Institute's Forward Thinking podcast, co-host Janet Bush talks to Andrés Rodríguez-Pose, Princesa de Asturias Chair and a professor of economic geography at the London School of Economics. Between 2015 and 2017, he was president of the Regional Science Association International. He won the European Regional Science Association Prize in regional science in 2018. He covers topics including: - What factors make a particular place or individuals in a particular place successful or unsuccessful - Whether political decentralization or devolution works - The revenge of places that don't matter This conversation was recorded in June 2022. To read a transcript of this episode, visit: https://mck.co/ARP Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more. Read more > Listen to the podcast (duration: 28:32) >

In this episode of the McKinsey Global Institute's Forward Thinking podcast, co-host Janet Bush talks to Andrés Rodríguez-Pose, Princesa de Asturias Chair and a professor of economic geography at the London School of Economics. Between 2015 and 2017, he was president of the Regional Science Association International. He won the European Regional Science Association Prize in regional science in 2018. He covers topics including: - What factors make a particular place or individuals in a particular place successful or unsuccessful - Whether political decentralization or devolution works - The revenge of places that don't matter This conversation was recorded in June 2022. To read a transcript of this episode, visit: https://mck.co/ARP Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more.See www.mckinsey.com/privacy-policy for privacy information

In this episode of the McKinsey Global Institute's Forward Thinking podcast, co-host Janet Bush talks to leading French economist Jean Pisani-Ferry. He holds the Tommaso Padoa Schioppa chair at the European University Institute. He's a senior fellow at Bruegel, the European think tank, and a nonresident senior fellow at the Peterson Institute in Washington, DC. He's also a professor of economics with Sciences Po in Paris. And from 2013 to 2016, he served as commissioner general of France Strategy, the ideas lab of the French government. He covers topics including: • The three economic challenges triggered by Russia's invasion of Ukraine • How worried people should be about inflation • How institutions can cooperate globally to nurture global public goods like the natural world, food, and health in a fractured world This conversation was recorded in May 2022. To read a transcript of this episode, visit: https://mck.co/JPF Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more. Read more > Listen to the podcast (duration: 33:10) >

In this episode of the McKinsey Global Institute's Forward Thinking podcast, co-host Janet Bush talks to leading French economist Jean Pisani-Ferry. He holds the Tommaso Padoa Schioppa chair at the European University Institute. He's a senior fellow at Bruegel, the European think tank, and a nonresident senior fellow at the Peterson Institute in Washington, DC. He's also a professor of economics with Sciences Po in Paris. And from 2013 to 2016, he served as commissioner general of France Strategy, the ideas lab of the French government. He covers topics including: • The three economic challenges triggered by Russia's invasion of Ukraine • How worried people should be about inflation • How institutions can cooperate globally to nurture global public goods like the natural world, food, and health in a fractured world This conversation was recorded in May 2022. To read a transcript of this episode, visit: https://mck.co/JPF Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more.See www.mckinsey.com/privacy-policy for privacy information

In this episode of the McKinsey Global Institute's Forward Thinking podcast, co-host Michael Chui talks with Avinash Collis, professor of digital economy at The University of Texas at Austin, and Digital Fellow at Stanford and MIT. He covers topics including: — One of the greatest inventions of the 20th century — How to run economics experiments to figure out how much digital services are worth — How much value digital services provide that GDP doesn't capture This conversation was recorded in April 2022. To read a transcript of this episode, visit: https://mck.co/AviCollis Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more.See www.mckinsey.com/privacy-policy for privacy information

In this episode of the McKinsey Global Institute's Forward Thinking podcast, co-host Michael Chui talks with Avinash Collis, professor of digital economy at The University of Texas at Austin, and Digital Fellow at Stanford and MIT. He covers topics including: — One of the greatest inventions of the 20th century — How to run economics experiments to figure out how much digital services are worth — How much value digital services provide that GDP doesn't capture This conversation was recorded in April 2022. To read a transcript of this episode, visit: https://mck.co/AviCollis Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more. Read more > Listen to the podcast (duration: 41:08) >

In this episode of the McKinsey Global Institute's Forward Thinking podcast, guest interviewer Acha Leke talks with Ngozi-Okonjo-Iweala. Acha Leke is a McKinsey senior partner in Johannesburg and is chairman of McKinsey's Africa region. Okonjo-Iweala became director-general of the World Trade Organization (WTO) in March 2021—the first woman and the first African to serve in this role. Okonjo-Iweala talks about her first few months leading the WTO and some of the initiatives underway, and discusses the challenge of inclusive and sustainable growth in the years ahead. She answers questions including: — How has the COVID-19 crisis affected world trade? — As trade rebounds, what will it take to ensure that trade patterns are much more inclusive? — How do emerging economies ensure that they have the access they need to vaccines and build the capacity to manufacture them? What role can trade and the WTO have? — What is the interplay between growth, inclusivity, and sustainability? — What else do we need to do to ensure that women and SMEs have access to trade? — What do you see as some of the opportunities emerging from the pandemic crisis? This conversation was recorded in December 2021. To read a transcript of this episode, visit: mck.co/NgoziOkonjoIweala Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more.See www.mckinsey.com/privacy-policy for privacy information

In this episode of the McKinsey Global Institute's Forward Thinking podcast, guest interviewer Acha Leke talks with Ngozi-Okonjo-Iweala. Acha Leke is a McKinsey senior partner in Johannesburg and is chairman of McKinsey's Africa region. Okonjo-Iweala became director-general of the World Trade Organization (WTO) in March 2021—the first woman and the first African to serve in this role. Okonjo-Iweala talks about her first few months leading the WTO and some of the initiatives underway, and discusses the challenge of inclusive and sustainable growth in the years ahead. She answers questions including: — How has the COVID-19 crisis affected world trade? — As trade rebounds, what will it take to ensure that trade patterns are much more inclusive? — How do emerging economies ensure that they have the access they need to vaccines and build the capacity to manufacture them? What role can trade and the WTO have? — What is the interplay between growth, inclusivity, and sustainability? — What else do we need to do to ensure that women and SMEs have access to trade? — What do you see as some of the opportunities emerging from the pandemic crisis? This conversation was recorded in December 2021. To read a transcript of this episode, visit: mck.co/NgoziOkonjoIweala Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more. Read more > Listen to the podcast (duration: 27:15) >

In this episode of the McKinsey Global Institute's Forward Thinking podcast, Janet Bush talks with British mathematician and technologist Anne‑Marie Imafidon, co-founder of Stemettes, a social initiative dedicated to inspiring and promoting the next generation of young women in STEM sectors. Imafidon invokes the “herstory” of stellar female technologists, such as Gladys West, who contributed to the development of GPS; Hedy Lamarr, whose work on frequency-hopping spectrum technology enabled Wi-Fi and Bluetooth; and Stephanie Kwolek, who created the first ultra-strong synthetic fibers, Kevlar being the best-known. In a rallying call for inclusion in a technologically driven world, Imafidon talks about persistent bias in data collection and algorithms that are making very big decisions that affect large parts of people's lives. The stakes are very, very high, and we need to get this right, she states. This conversation was recorded in February 2022. To read a transcript of this episode, visit: https://mck.co/Imafidon Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more.See www.mckinsey.com/privacy-policy for privacy information

In this episode of the McKinsey Global Institute's Forward Thinking podcast, Janet Bush talks with British mathematician and technologist Anne‑Marie Imafidon, co-founder of Stemettes, a social initiative dedicated to inspiring and promoting the next generation of young women in STEM sectors. Imafidon invokes the “herstory” of stellar female technologists, such as Gladys West, who contributed to the development of GPS; Hedy Lamarr, whose work on frequency-hopping spectrum technology enabled Wi-Fi and Bluetooth; and Stephanie Kwolek, who created the first ultra-strong synthetic fibers, Kevlar being the best-known. In a rallying call for inclusion in a technologically driven world, Imafidon talks about persistent bias in data collection and algorithms that are making very big decisions that affect large parts of people's lives. The stakes are very, very high, and we need to get this right, she states. This conversation was recorded in February 2022. To read a transcript of this episode, visit: https://mck.co/Imafidon Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more. Read more > Listen to the podcast (duration: 38:13) >

In this episode of the McKinsey Global Institute's Forward Thinking podcast, co-host Janet Bush speaks with Claire O'Neill. While serving as a minister in the British government, O'Neill led the United Kingdom's winning bid to host the United Nations Climate Change Conference, COP26, in 2021. After leaving politics, she joined the World Business Council for Sustainable Development (WBCSD) where she works closely with companies on the net-zero transition, the subject of a major recent study by MGI, McKinsey Sustainability, and McKinsey's Advanced Industries and Global Energy and Materials practices. She covers topics including the following: ● COP26 outcomes ● The potential impact of the Russian invasion of Ukraine on progress toward net zero ● How businesses are mobilizing for sustainability This conversation was recorded in March 2022. To read a transcript of this episode, visit: https://mck.co/ClaireONeill Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more. Read more > Listen to the podcast (duration: 37:40) >

In this episode of the McKinsey Global Institute's Forward Thinking podcast, co-host Janet Bush speaks with Claire O'Neill. While serving as a minister in the British government, O'Neill led the United Kingdom's winning bid to host the United Nations Climate Change Conference, COP26, in 2021. After leaving politics, she joined the World Business Council for Sustainable Development (WBCSD) where she works closely with companies on the net-zero transition, the subject of a major recent study by MGI, McKinsey Sustainability, and McKinsey's Advanced Industries and Global Energy and Materials practices. She covers topics including the following: ● COP26 outcomes ● The potential impact of the Russian invasion of Ukraine on progress toward net zero ● How businesses are mobilizing for sustainability This conversation was recorded in March 2022. To read a transcript of this episode, visit: https://mck.co/ClaireONeill Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more.See www.mckinsey.com/privacy-policy for privacy information

In this episode of the McKinsey Global Institute's Forward Thinking podcast, Michael Chui talks with Benedict Evans, an independent technology analyst. Evans covers topics including the following: ● The generational shifts in technology that occur every 15 years or so ● What characterizes a “universal product” ● Why Web3 generates the most polarizing views among senior tech people ● Whether tech is becoming a regulated industry This conversation was recorded in February 2022. To read a transcript of this episode, visit: https://mck.co/BenedictEvans Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more. Read more > Listen to the podcast (duration: 39:33) >

In this episode of the McKinsey Global Institute's Forward Thinking podcast, Michael Chui talks with Benedict Evans, an independent technology analyst. Evans covers topics including the following: ● The generational shifts in technology that occur every 15 years or so ● What characterizes a “universal product” ● Why Web3 generates the most polarizing views among senior tech people ● Whether tech is becoming a regulated industry This conversation was recorded in February 2022. To read a transcript of this episode, visit: https://mck.co/BenedictEvans Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more.See www.mckinsey.com/privacy-policy for privacy information

In this episode of the McKinsey Global Institute's Forward Thinking podcast, guest interviewer Jonathan Woetzel talks with Ron O'Hanley, president and CEO of State Street Corporation, a major servicer and manager of institutional assets. State Street has committed to making its portfolios carbon neutral by 2050, and O'Hanley talks about how his own organization is trying to meet that target but also helping customers to develop sustainability strategies. Among other topics on his mind are the pandemic, which dramatically illuminated vulnerabilities in societal linkages; the growth potential of digital finance; and the importance of affordable housing. He answers questions including the following: ● What will it take to make State Street's portfolios carbon neutral by 2050? ● How will advances agreed at COP26 in Glasgow affect the climate agenda and State Street's business? ● How does stepped-up investment in digital finance lead to growth? ● Is there a trade-off between growth and inclusivity? ● What are policy unlocks needed to create a sustainable, inclusive growth cycle? This conversation was recorded in December 2021. To read a transcript of this episode, visit: https://mck.co/RonOHanley Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more. Read more > Listen to the podcast (duration: 33:09) >

In this episode of the McKinsey Global Institute's Forward Thinking podcast, guest interviewer Jonathan Woetzel talks with Ron O'Hanley, president and CEO of State Street Corporation, a major servicer and manager of institutional assets. State Street has committed to making its portfolios carbon neutral by 2050, and O'Hanley talks about how his own organization is trying to meet that target but also helping customers to develop sustainability strategies. Among other topics on his mind are the pandemic, which dramatically illuminated vulnerabilities in societal linkages; the growth potential of digital finance; and the importance of affordable housing. He answers questions including the following: ● What will it take to make State Street's portfolios carbon neutral by 2050? ● How will advances agreed at COP26 in Glasgow affect the climate agenda and State Street's business? ● How does stepped-up investment in digital finance lead to growth? ● Is there a trade-off between growth and inclusivity? ● What are policy unlocks needed to create a sustainable, inclusive growth cycle? This conversation was recorded in December 2021. To read a transcript of this episode, visit: https://mck.co/RonOHanley Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more.See www.mckinsey.com/privacy-policy for privacy information

In this episode of the McKinsey Global Institute's Forward Thinking podcast, Michael Chui talks with David Autor, Ford Professor of Economics at the Massachusetts Institute of Technology. Autor talks about the paradoxes created for labor markets by the pandemic, the effect of trade globalization, the rise of China as a world economic power, and the economic impact of automation. He answers questions including: ● How have labor markets changed as the result of the pandemic, and how might they evolve? ● How has the globalization of trade affected the US labor market? ● What could have been done, and should be done now, to mitigate localized negative effects of trade shocks? ● Does ‘cowboy capitalism' give us higher growth? ● What's the most surprising thing you've learned during the pandemic? This conversation was recorded in February 2022. To read a transcript of this episode, visit: https://mck.co/DavidAutor Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more. Read more > Listen to the podcast (duration: 38:06) >

In this episode of the McKinsey Global Institute's Forward Thinking podcast, Michael Chui talks with David Autor, Ford Professor of Economics at the Massachusetts Institute of Technology. Autor talks about the paradoxes created for labor markets by the pandemic, the effect of trade globalization, the rise of China as a world economic power, and the economic impact of automation. He answers questions including: ● How have labor markets changed as the result of the pandemic, and how might they evolve? ● How has the globalization of trade affected the US labor market? ● What could have been done, and should be done now, to mitigate localized negative effects of trade shocks? ● Does ‘cowboy capitalism' give us higher growth? ● What's the most surprising thing you've learned during the pandemic? This conversation was recorded in February 2022. To read a transcript of this episode, visit: https://mck.co/DavidAutor Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more.See www.mckinsey.com/privacy-policy for privacy information

In this episode of the McKinsey Global Institute's Forward Thinking podcast, guest interviewer Jonathan Woetzel talks with two leading economists spanning Europe and Asia. Baroness Minouche Shafik is director of the London School of Economics and Political Science. Andrew Sheng is distinguished fellow at the Asia Global Institute at the University of Hong Kong. The conversation centers on the state of the social contract that underpins society. They answer questions including: ● What is the social contract, and why do we need one? ● Is the social contract broken, and do we need a new one? ● How does the social contract extend into issues of sustainability, and, if so, is this an opportunity to reimagine that contract? ● Has the pandemic brought us closer to a different kind of social contract? This conversation was recorded in December 2021. To read a transcript of this episode, visit: https://mck.co/ShafikSheng Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more. Read more > Listen to the podcast (duration: 22:57) >

In this episode of the McKinsey Global Institute's Forward Thinking podcast, guest interviewer Jonathan Woetzel talks with two leading economists spanning Europe and Asia. Baroness Minouche Shafik is director of the London School of Economics and Political Science. Andrew Sheng is distinguished fellow at the Asia Global Institute at the University of Hong Kong. The conversation centers on the state of the social contract that underpins society. They answer questions including: ● What is the social contract, and why do we need one? ● Is the social contract broken, and do we need a new one? ● How does the social contract extend into issues of sustainability, and, if so, is this an opportunity to reimagine that contract? ● Has the pandemic brought us closer to a different kind of social contract? This conversation was recorded in December 2021. To read a transcript of this episode, visit: https://mck.co/ShafikSheng Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more.See www.mckinsey.com/privacy-policy for privacy information

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. Read more > Listen to the podcast (duration: 39:16) >

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.See www.mckinsey.com/privacy-policy for privacy information

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. Read more > Listen to the podcast (duration: 34:59) >

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.See www.mckinsey.com/privacy-policy for privacy information

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. Read more > Listen to the podcast (duration: 34:59) >

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.See www.mckinsey.com/privacy-policy for privacy information