The McKinsey Podcast

There is a dramatic difference in health, economic, and social outcomes for Black US residents compared with their White neighbors. On this episode of The McKinsey Podcast, JP Julien, a McKinsey partner and leader in the McKinsey Institute for Black Economic Mobility, joins editorial director Roberta Fusaro to discuss McKinsey’s recently published report on the state of Black residents, which outlines the realities for Black residents in four geographic categories—the urban core, the suburbs and exurbs, the mixed middle, and low growth and rural areas—and what can be done now to ameliorate the racial disparity found in these locations."See www.mckinsey.com/privacy-policy for privacy information

Geopolitics, the women's health gap, economic inclusion, and technology are a few of the themes highlighted at last week's World Economic Forum in Davos. Hear McKinsey senior partners Tracy Francis and Sven Smit share their analysis of the most significant takeaways from Davos in this special, bonus episode with global editorial director Lucia Rahilly.See www.mckinsey.com/privacy-policy for privacy information

For years, women have been fighting for faster career advancement and more equitable representation at work. On this week’s episode of The McKinsey Podcast, McKinsey senior partners Alexis Krivkovich and Lareina Yee talk with global editorial director Lucia Rahilly about the 2023 Women in the Workplace report—and specifically, our newest research on where progress is happening, where it’s not, and what leaders need to do differently to accelerate the pace of change.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 29:06) >  In this episode of the McKinsey Podcast, we look at how many cities are using new technology to develop innovative traffic congestion solutions.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 26:16) >  Globalization isn’t in retreat, but it has morphed into a very different phenomenon, increasingly powered by trade in services and by intraregional trade.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 28:14) >  In this episode of the McKinsey Podcast, we look at how CMOs can combine data-driven marketing solutions with creativity and business leadership to drive growth.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 25:09) >  In this episode of the McKinsey podcast, we look at the value of talent management and how businesses can fill critical roles to drive results.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 28:14) >  Proven techniques can help address cognitive biases that often trip up even the most experienced executives.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 31:40) >  Global energy demand is headed toward a plateau over the next ten to 20 years, as the world focuses on electrification, energy efficiency, and more service-driven economic growth.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 33:57) >  Large-scale organizational change is more likely to stick if executives apply equal discipline and rigor to the “hard” and “soft” elements that matter.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 25:53) >  Structured problem solving can be used to address almost any complex challenge in business or public policy.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 33:11) >  Across the developed world, health systems must adapt to aging populations, changing patient needs, and advances in technology that could both reduce costs and revolutionize clinical care.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 28:14) >  Around the world, women participate in paid employment at lower rates and wages than men, and are less likely to be promoted. They also tend to work in different sectors. The implications are everyone’s business.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 28:02) >  Asia will account for more than half the global economy by 2040. What opportunities and risks lie ahead as ‘the Asian century’ unfolds?See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 26:20) >  Companies adopting AI across the organization are investing as much in people and processes as in technology.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 31:52) >  The competitive landscape is shifting across the region as consumer tastes change, new digital champions emerge, and governments deregulate.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 24:48) >  While the yellow metal does not tarnish or decay, the industry that mines, refines, and fashions gold is far less stable.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 33:39) >  Airlines and passengers alike are flying into a world of flygskam and flying taxis.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 29:03) >  Players in the fashion industry remain less than optimistic about the runway ahead. But those that align with the dominant trends – namely, sustainability, digitization, and innovation – are most likely to prevail.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 26:39) >  Here’s how technology, data, and human insight are transforming the way we enact change. Fast.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 32:08) >  The newest consumer generations—Gen Z and the millennials—are challenging traditional retail models.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 35:31) >  Business building is vital to a company’s longevity. To do it successfully, an organization needs the strengths of an incumbent and the agility of a start-up.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 38:22) >  McKinsey’s Diana Ellsworth and Maital Guttman discuss new research on LGBTQ+ challenges at work—and how to address them.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 28:08) >  McKinsey partner Jimmy Sarakatsannis discusses how to keep students safe and engaged as they embark on a school year unlike any other.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 39:43) >  Here’s how organizations can use agile practices to transform their organizations.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 29:09) >  Rarely have supply-chain leaders faced more complex, changing conditions than they have during the COVID-19 pandemic.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 33:28) >  The COVID-19 pandemic has upended norms in retail, brand loyalty, and consumer behavior. Bold players are well positioned to accelerate growth.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 40:48) >  How can senior managers get better, faster business decisions from the meetings they attend or lead? Planning is key.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 36:06) >  Stress, social isolation, and unemployment is worsening America's behavioral health crisis, fueling additional billions in spendingSee www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 27:21) >  McKinsey’s Kimberly Henderson and Christer Tryggestad talk about an action plan to help industry leaders truly decarbonize at scale.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 26:53) >  Here’s how leaders use today’s technologies to secure supply chains and create value, despite the challenges of deployment.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 29:08) >  Shelley Stewart III talks about closing the racial wealth gap and inclusive growth through McKinsey’s new Institute for Black Economic MobilitySee www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 35:22) >  Lareina Yee and Alexis Krivkovich talk with Diane Brady about McKinsey’s Women in the Workplace report and what employers can do to stanch the flow of women from the labor force.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 29:36) >  The pandemic has put demands on the public sector that are likely to increase.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 33:14) >  A transformative year in the technology, trends, and tastes in fashion.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 28:34) >  Vaccine distribution gives hope but also proof that the pandemic is far from over.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 35:34) >  Too often, training programs fail. Here’s how individuals and organizations can invest in the capabilities that will help individuals and organizations thrive.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 23:17) >  McKinsey’s Tera Allas talks about the critical role that managers play in employee well-being and organizational health.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 47:19) >  Dame Vivian Hunt and former Unilever CEO Paul Polman discuss the growing imperative for stakeholder capitalism.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 31:12) >  Hit hard by the the COVID-19 pandemic, what are the early signs of how air travel is adapting? What changes will we see in business and leisure travel? In what kind of sustainability technologies are airlines investing? Filling us in are two McKinsey partners with deep understanding of the issues. Alex Dichter is a senior partner in London who leads McKinsey’s travel practice. Robin Riedel is a partner in McKinsey’s aerospace and defense practice who leads advanced air mobility for the McKinsey Center for Future Mobility out of San Francisco.See www.mckinsey.com/privacy-policy for privacy information

Is it tough to define your purpose at work? You’re not alone. Half of the US-employees surveyed in the McKinsey report "Help your employees find purpose or watch them leave" are reconsidering the work they want to do as a result of Covid-19. Hear from two of the authors, Bill Schaninger and Naina Dhingra. They'll share their definition of individual purpose, why purpose benefits the organization as a whole, and two probing questions that will help you articulate what your individual purpose is. The report can be found here: https://www.mckinsey.com/business-functions/organization/our-insights/help-your-employees-find-purpose-or-watch-them-leaveSee www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 41:47) >  Uncertainty is certain in this world where the way people work is changing fast. Those with a plan to future-proof their organization will be set up for agile responses to the unexpected. Hear from Chris Gagnon, a McKinsey senior partner, and Elizabeth Mygatt, a McKinsey associate partner, on why org charts inadequately describe how an organization works, why the best companies have a distinct philosophy -- and why hiring the best talent keeps leadership up at night.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 42:45) >  Optimism is high for flourishing entrepreneurship postpandemic according to McKinsey senior partners Kim Baroudy and Massimo Mazza. It's the acceleration of innovation, investment and tech that encourage their enthusiasm. Hear their take on the trends bolstering Europe and a new generation of startups.See www.mckinsey.com/privacy-policy for privacy information

Work without passion can lead to listlessness says Joanna Barsh, senior partner emeritus, director emeritus of the Centered Leadership Project, and today's guest. So, practically speaking, how can leaders help their people find passion, when they feel none? What question can you ask yourself to stay engaged at work and in the world? What can leadership do to engender trust during these turbulent times? Tune in for immediately implementable actions that can change your daily perspective for the better. Links to mentions on the episode: https://grief.com/about-david-kessler/ https://joannabarsh.net/books/See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 24:30) >  Structured problem solving can be used to address almost any complex challenge in business or public policy.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 21:45) >  The retailer of the future will harness the power of data, business building, artificial intelligence, and augmented reality, says serial entrepreneur and technology expert John Straw.See www.mckinsey.com/privacy-policy for privacy information

The McKinsey podcast is launching a new season with fresh content this Fall. In the meantime, we’re featuring episodes from our other popular podcasts. Today, it’s the McKinsey Global Institute’s Forward Thinking podcast. Co-host Anna Bernasek is in conversation with Jeffrey Seller, producer of Broadway hits Hamilton, In the Heights, and Rent, about how Broadway and live performances have endured during the past tumultuous year-plus. Hear about: • Shutting down, pivoting, then staging a production in Australia during the pandemic • How digital streaming services like Disney+ and Spotify affected demand for performance tickets • Why he created an affordable ticket lottery to increase access to the magic of live, in-person performances • Why he’s still an optimist, but one who’s focused on resilience This conversation was recorded in May 2021. To read a transcript of this episode, visit: https://mck.co/jeffreysellerSee www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 25:40) >  We’re launching a new season of The McKinsey Podcast starting this Fall with fresh content. Between now and then, we’re re-broadcasting popular episodes from different McKinsey podcasts. Like a recent episode from McKinsey on Government where you’ll hear about the imperative of government to build cyber resilience, how the private sector can play a role and the future of the federal cyber workforce. Francis Rose hosts a conversation with Tucker Bailey, partner at McKinsey and Will Hurd, former congressman and former chair of the information and technology subcommittee on the oversight and government reform committee.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 19:50) >  We’re launching a new season of The McKinsey Podcast starting this Fall with fresh content. Between now and then, we’re re-broadcasting popular episodes from different McKinsey podcasts. Today, you'll hear about how companies are grappling to make sustainability-focused choices from the McKinsey on Consumer and Retail podcast.See www.mckinsey.com/privacy-policy for privacy information

People are quitting in record numbers. Such an exodus threatens to increase labor costs, more attrition and contribute to brand bruising. Leaders can hang on to the best if they give their employees what they want—respect and a sense of belonging. Hear from experts in talent and organizational health, Aaron De Smet and Bill Schaninger on how those in charge can adapt their leadership styles to meet the needs of today's workforce. Reading material referenced: • The Wealth of Nations by Adam Smith • McKinsey article and report about the great attrition • McKinsey article about psychological safety   Theme music composed and performed by Joy NgiawSee www.mckinsey.com/privacy-policy for privacy information

They're the most educated with great expertise. Yet, they remain underestimated. It's the people over 45, a useful cohort that struggles to find new employment, in large part, due to ageism. Hear from Mona Mourshed, CEO of Generation, an organization that trains people who are unemployed, underemployed, or need to learn new skills in conversation with Roberta Fusaro, McKinsey executive editor. They also dig into how employers stand to gain by investing in older workers - practically, culturally, and economically. Generation report: https://www.generation.org/news/unemployed-aged-45-and-above-face-ageism-and-career-challenges-globally/ Theme music composed and performed by Joy NgiawSee www.mckinsey.com/privacy-policy for privacy information

Due to a lack of product and services tailored specifically to meet the needs and wants of Black consumers, their loyalty is up for grabs and offers a huge opportunity for business. There is also a greater chance to meet social and moral objectives. This, according to McKinsey's recent report about the economic state of Black America. Hear Shelley Stewart III, partner at McKinsey, in conversation with Lucia Rahilly, global editorial director, to discuss specific areas where the private and public sectors have the most expeditious opportunities. The economic state of Black America report: https://www.mckinsey.com/featured-insights/diversity-and-inclusion/the-economic-state-of-black-america-what-is-and-what-could-be Also, hear from Eric Kutcher, senior partner at McKinsey, who shares a big, hard lesson learned when he was starting out, from McKinsey’s “My Rookie Moment” series: https://www.mckinsey.com/featured-insights/my-rookie-moment   Theme music composed and performed by Joy NgiawSee www.mckinsey.com/privacy-policy for privacy information

How can organizations build resilience into their processes so they can be ready for the next inevitable supply chain disruption? Hear from Knut Alicke and Dan Swan, McKinsey partners, in conversation with executive editor Roberta Fusaro, on steps to take to achieve supply chain resilience, how to manage inflation and examples of how clients have successfully set themselves up to manage future disruptions. Following, hear from Oscar Viyuela Garcia, an early-tenure consultant who left academia for a career at McKinsey.   Theme music composed and performed by Joy NgiawSee www.mckinsey.com/privacy-policy for privacy information

Burn-out in the workplace is an omnipresent state for so many of us, but especially so for women who tend to take on the responsibilities of home as well. This could lead to attrition which means leaders face a potential talent crisis if stress in their workplace goes unaddressed. This discovery and many others are explored in the recently released, "Women in the workplace 2021" report. Hear from two of its authors, McKinsey senior partners Alexis Krivkovich and Lareina Yee. Following, hear senior partner, Sven Smit, share his "rookie moment" when about twenty years ago, he asked for the unusual - time off to care for his young daughter. Women in the Workplace 2021 report: https://womenintheworkplace.com/ Rookie Moment: https://www.mckinsey.com/featured-insights/my-rookie-moment   Theme music composed and performed by Joy NgiawSee www.mckinsey.com/privacy-policy for privacy information

Many nurses are reevaluating their commitment to direct patient care. Now, during a time of unprecedented need, what can health systems and other employers of nurses do to inspire this backbone of the healthcare workforce to stay? Hear from Gretchen Berlin, RN and McKinsey senior partner on the state of nurses, and specific suggestions to improve their work experience, practically and emotionally. After, David Baboolall, McKinsey associate partner, joins us to discuss the recent findings of McKinsey's report: Being transgender at work. Nurse survey: https://www.mckinsey.com/industries/healthcare-systems-and-services/our-insights/nursing-in-2021-retaining-the-healthcare-workforce-when-we-need-it-most Transgender report: https://www.mckinsey.com/featured-insights/diversity-and-inclusion/being-transgender-at-work   Theme music composed and performed by Joy NgiawSee www.mckinsey.com/privacy-policy for privacy information

The relentless pandemic is forcing business to confront the challenges presented by Omicron. Shubham Singhal, senior partner and the global leader of McKinsey's Healthcare, Public Sector and Social Sector practice joins today. He shares his insight on successful business coping strategies, telltale signs of an endemic, and the possibilities of the mRNA vaccine. After, hear why there's reason for hope - and hard work - when it comes to climate change from climate scientist, Katharine Heyhoe, featured in our Author Talks series. Article: https://www.mckinsey.com/industries/healthcare-systems-and-services/our-insights/when-will-the-covid-19-pandemic-end Author Talks series: https://www.mckinsey.com/featured-insights/mckinsey-on-books/author-talks   Theme music composed and performed by Joy NgiawSee www.mckinsey.com/privacy-policy for privacy information

McKinsey's research says that peer-purchasing insight seems to have more influence on consumers than any kind of marketing strategy. Today, Roberta Fusaro speaks with Dave Fedewa, McKinsey partner and Chauncey Holder, McKinsey senior expert to understand how and why business must prioritize the consideration of customer reviews – or risk falling behind more nimble competitors. Also, hear from mathematician, lawyer and now early-tenure consultant, Princess Daisy Akita, based in Los Angeles. McKinsey article about the impact of customer reviews: https://www.mckinsey.com/industries/consumer-packaged-goods/our-insights/five-star-growth-using-online-ratings-to-design-better-products   Theme music composed and performed by Joy NgiawSee www.mckinsey.com/privacy-policy for privacy information

McKinsey's most recent research found that too often organizations are not using IoT to its best advantage, in large part driven by the perception that the Internet of Things is a siloed, technical process, opposed to one that's holistic. Hear from partners Mark Collins and Michael Chui in conversation with executive editor Roberta Fusaro to discuss how companies can get it right. After, a piece of space junk is supposed to hit our moon soon. That piece of debris is not the only one hurtling through orbit. Hear from associate partner, Chris Daehnick, about the implications of space trash.   Theme music composed and performed by Joy NgiawSee www.mckinsey.com/privacy-policy for privacy information

Aspiring to net-zero emissions for your organization? It’s a challenging process. But if ignored, it will only lead to a thornier transition in the future. On this episode, hear from McKinsey partner Mekala Krishnan on how to approach net-zero emissions holistically, the questions to ask, and a few “no regrets” actions organizations can take right now. After, hear from senior partner Lareina Yee about her rookie moment made early in her career. She asked for help even though it was the last thing she wanted to do. To see and hear more from our My Rookie Moment series, go here: https://www.mckinsey.com/featured-insights/my-rookie-moment   Theme music composed and performed by Joy NgiawSee www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 19:17) >  Sven Smit, senior partner and chair of the McKinsey Global Institute, discusses the humanitarian and economic effects of the war in Ukraine with Lucia Rahilly, McKinsey’s global editorial director. This conversation was recorded on March 21, 2022.See www.mckinsey.com/privacy-policy for privacy information

Converging disruptions have sent food prices soaring—and Russia’s invasion of Ukraine, one of the world’s six breadbasket regions, risks tilting the food system into a global food supply crisis. In this episode of The McKinsey Podcast, Daniel Aminetzah, leader of McKinsey’s Chemicals and Agriculture Practices, and partner Nicolas Denis talk with global editorial director Lucia Rahilly about the vital roles Ukraine and Russia play in the global food system, as well as what is at risk as the war continues. This conversation was recorded on April 4, 2022. Theme music for The McKinsey Podcast was composed and performed by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

Successful digital transformations may not be as elusive as you think. Kate Smaje and Rodney Zemmel, global leaders in McKinsey’s Digital practice, join McKinsey Global Publishing’s Lucia Rahilly to explore what digital success looks like—and what stands in the way. Then, in an Author Talks excerpt, Amy Webb, futurist and author of the new book, The Genesis Machine: Our Quest to Rewrite Life in the Age of Synthetic Biology, describes how synthetic biology could open the door to “bespoke” children, significantly longer life spans, and subterranean societies. Author Talks: https://www.mckinsey.com/featured-insights/mckinsey-on-books/author-talks The Genesis Machine: Our Quest to Rewrite Life in the Age of Synthetic Biology: https://amywebb.io/books Theme music for The McKinsey Podcast was composed and performed by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

By 2060, 30 percent of the US labor force will be Latino. It's a massive cohort, that given greater support, could potentially create economic opportunities not just for individuals and families in this demographic but also for the whole country. McKinsey senior partner Lucy Pérez joins executive editor Roberta Fusaro in conversation. Following, we'll hear from McKinsey data scientist Nimit Patel about how when he came to McKinsey he was encouraged to take a "random walk." Theme music for The McKinsey Podcast was composed and performed by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

Capital projects could receive around $130 trillion dollars over the next five years. Most of the investment will go to renew and decarbonize critical infrastructure. In this episode of The McKinsey Podcast, hear McKinsey senior partners Steffen Fuchs and Christoph Schmitz speak with executive editor, Roberta Fusaro about how executives and organizations will need to adapt their current spending strategies to take advantage of this unique funding moment. After, hear senior partner Dymfke Kuijper’s rookie moment when she shares how *seeking perfection prevented her from finding it. Theme song is composed and performed by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

Fashion suppliers and brands are facing significant economic and geopolitical challenges. Hear McKinsey senior partner Achim Berg speak with executive editor Roberta Fusaro about findings from McKinsey’s The State of Fashion 2022 report. They cover the concurrent effects of the many challenges facing both suppliers and brands, including the war in Ukraine, the pandemic, and inflation. After, the state of anxiety tends to get a bad rap. But in our second segment, Dr. Tracy Dennis-Tiwary, author and professor of psychology and neuroscience at Hunter College, shares why anxious feelings deserve respect. State of Fashion report: https://www.mckinsey.com/industries/retail/our-insights/state-of-fashion State of Fashion technology report: https://www.mckinsey.com/industries/retail/our-insights/state-of-fashion-technology-report-2022 Theme music was scored, produced and performed by Joy Ngaiw.See www.mckinsey.com/privacy-policy for privacy information

Corporate attrition persists, but one way to lure employees back is to develop their knowledge, attributes, experiences—in short, their human capital. But how? What’s best for the employee? Is it worth leaders’ time? Two authors of McKinsey’s report, “Human capital at work: The value of experience,” address these and other questions in this episode of The McKinsey Podcast. Anu Madgavkar, a partner with McKinsey Global Institute, and senior partner Bill Schaninger, spoke with McKinsey Global Publishing’s Lucia Rahilly. Also, McKinsey partner Joshua Katz spoke with McKinsey editorial director Roberta Fusaro about the impact of global food inflation and how business leaders and other stakeholders can respond. Theme music was scored, produced and performed by Joy Ngaiw.See www.mckinsey.com/privacy-policy for privacy information

In this episode of The McKinsey Podcast, Lisa Christensen, a McKinsey director of learning and McKinsey partner Tony Gambell speak with McKinsey executive editor Roberta Fusaro about what apprenticeship looks like in today’s organizations and how an intentional two-way learning environment can help individuals and teams tackle problems more effectively to meet their performance goals. After, we also hear from McKinsey senior partner Robert Palter, featured in our My Rookie Moments series, about the valuable lesson he learned from his boss when confronted with a difficult client's bad idea. Theme music written, produced and performed by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 21:59) >  Lucia and Roberta are taking a summer break, so today we feature an episode of the McKinsey on Consumer and Retail podcast. Many consumer products will soon be in packages that are stronger, sustainable, and 'smart.' Hear Amcor CEO Ron Delia and McKinsey partner David Feber speak with executive editor Monica Toriello about the e-commerce boom, widespread concern about sustainability, and the digitization trend spurring innovation in packaging.See www.mckinsey.com/privacy-policy for privacy information

Lucia and Roberta are taking a summer break, so please enjoy this popular and previous episode about organizational health. Research shows that companies can improve short-and long-term performance by focusing on a small number of carefully selected management practices. Theme music written, produced and performed by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

Scooters. Bikes. E-mopeds. If you’re an urban dweller, you’ve probably seen a variety of these vehicles whizzing by—and you’re likely to see more in the future. In this episode of The McKinsey Podcast, McKinsey partner Kersten Heineke speaks with global editorial director Lucia Rahilly about micromobility: who’s using it, why it’s becoming more popular, and how cities can adapt to a future of tiny transportation. Following their conversation, we hear from NYU associate professor of psychology Tessa West about toxic coworkers. In her book, Jerks at Work: Toxic Coworkers and What to Do About Them (Portfolio, January 2022), featured in a recent edition of our Author Talks series, West describes how to handle jerks at work–and how not to become one yourself. Theme music written, produced and performed by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

Is there any way to stop the Great Attrition? McKinsey expert associate partner, Bonnie Dowling, says yes. In this episode of The McKinsey Podcast, she speaks with executive editor Roberta Fusaro about McKinsey’s latest research on the Great Attrition. This time, the team includes data from multiple countries and outlines five types of worker personalities that, if catered to appropriately, could help fill all those open positions. After, we’ll hear from Catherine Price, author of Power of Fun: How to Feel Alive Again, part of our Author Talks series, who says fun is not a treat, but a tool. Latest research on the Great Attrition/Great Attraction: https://www.mckinsey.com/business-functions/people-and-organizational-performance/our-insights/the-great-attrition-is-making-hiring-harder-are-you-searching-the-right-talent-pools Author Talks: https://www.mckinsey.com/featured-insights/mckinsey-on-books/author-talks Theme music written, produced and performed by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

Yoga. Therapy. Meditation. Yes, wellness perks are helpful, but they’re not a panacea for workplace stress. In this episode of The McKinsey Podcast, Erica Coe, a McKinsey partner and coleader of the McKinsey Health Institute (MHI), speaks with McKinsey Global Publishing’s Lucia Rahilly about why burnout has hit record levels over the past two years—and what leaders can do to create a path toward lasting change. After, senior partner Tiffany Burns describes one of her rookie moments: talking a client down from sending an email in a state of frustration. Rookie Moments: https://www.mckinsey.com/featured-insights/my-rookie-moment How to lead with Deliberate Calm, a new book, soon-to-publish from McKinsey: https://www.mckinsey.com/featured-insights/mckinsey-on-books/deliberate-calm Theme music written, produced and performed by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

Social capital, a technical term for connectivity in the workplace, is important for helping employees execute, learn, innovate, and advance in organizations. Right now, because of the pandemic and the related upheaval in office and staffing norms, it’s in short supply. But there are ways to rebuild it say McKinsey partners John Parsons and Brooke Weddle on this episode of The McKinsey Podcast. Hear their conversation with editorial director Roberta Fusaro about McKinsey’s recent report on the state of social capital and why executives need to manage workplace interactions more intentionally—always, but especially now. After, get to know married couple and McKinsey associate partners Angela and Sebastian Sinisterra-Woods. They talk about their work highlights and how whiteboards aren’t just for conference rooms.  Theme music composed, performed and produced by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

In unusually difficult situations, a counterintuitive response to stress is what many leaders should aim for, say Jacqueline Brassey, McKinsey senior knowledge expert and McKinsey senior partner Aaron De Smet as they talk about their new book, Deliberate Calm: How to Learn and Lead in a Volatile World with host and executive editor Roberta Fusaro. Theme music composed, performed, and produced by Joy NgiawSee www.mckinsey.com/privacy-policy for privacy information

While the internal-combustion engine dominates car design, its existence contributes to global warming and detracts from electric-vehicle (EV) development. Things like carbon emissions, the complexity of design, and battery development are slowing down the widespread adoption of electric vehicles. But they don’t have to. Russell Hensley, co-leader of the McKinsey Center for Future Mobility in the Americas, joins McKinsey editorial director Roberta Fusaro to discuss what can be done to encourage manufacturers to produce and consumers to embrace electric cars. After, hear Alan Murray, CEO of Fortune Media, talk about his search for the soul of American business in an excerpt from our Author Talks series featuring his book, Tomorrow’s Capitalist (Hachette Book Group, May 2022). Theme music composed, performed, and produced by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

Boring is beautiful when it drives economic prosperity. Cue industrial technology companies, whose under-the-radar successes are powering a resurgence in US manufacturing. Their proven promise is the basis of the new book The Titanium Economy, cowritten by McKinsey’s managing partner for North America, Asutosh Padhi. Asutosh joins partner Kim Borden and global editorial director Lucia Rahilly to discuss this overlooked bright spot in the US economy—and what’s necessary to power the next stage of manufacturing growth. Theme music composed, performed, and produced by Joy Ngiaw. See www.mckinsey.com/privacy-policy for privacy informationSee www.mckinsey.com/privacy-policy for privacy information

The volume of information available from space is unprecedented. McKinsey experts Ryan Brukardt and Jesse Klempner join host and McKinsey partner, Mina Alaghband to share the incredible ways in which the space-for-earth economy has evolved and how it needs to scale. This is a guest episode from McKinsey's technology podcast, At the Edge.See www.mckinsey.com/privacy-policy for privacy information

McKinsey analyzed 14 new trends in its latest report on business technology. Here are the three that leaders need to know about most. In this episode of The McKinsey Podcast, partners Michael Chui and Roger Roberts speak with McKinsey editorial director Roberta Fusaro about McKinsey’s latest report on technology trends, with a particular focus on the benefits and challenges of applied AI, cloud and edge computing, and bioengineering. After, we’ll hear from McKinsey partner Brian Rolfes, who came to McKinsey firmly “in thecloset.” But a chance meeting with a client showed him the value of being authentic—with himself and others. Theme music composed, performed, and produced by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

Net zero doesn’t have to mean zero sum. In this episode of The McKinsey Podcast, McKinsey partner Anna Moore and senior partner Humayun Tai talk to global editorial director Lucia Rahilly about the “devilish duality” leaders have faced since the outbreak of the war in Ukraine—and about how to follow through on longer-term decarbonization commitments while managing short-term energy disruptions successfully. After, hear how investors can use their capital and influence to help reverse the impact of climate change, from Columbia professor Bruce Usher. He spoke with us about his book, Investing in the Era of Climate Change (Columbia University Press, October 2022), as part of our Author Talks series. The McKinsey Podcast is cohosted by Roberta Fusaro and Lucia Rahilly. Theme music composed, performed, and produced by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

Globalization isn’t going away, but it is changing, according to recent research from theMcKinsey Global Institute (MGI). In this episode of The McKinsey Podcast, MGI director Olivia White speaks with global editorial director Lucia Rahilly about the flows of goods, knowledge, and labor that drive global integration—and what reshaping these flows might mean for our interconnected future. After, global brewer AB InBev has thrived in the throes of what its CFO Fernando Tennenbaum describes as the recent “twists and turns.” Find out how in this excerpt from our McKinsey Live series, recorded in December 2022. Theme music composed, produced, and performed by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

"Women leaders are voting with their feet," says McKinsey senior partner Alexis Krivkovich on this week’s episode of The McKinsey Podcast. She and senior partner Lareina Yee speak with global editorial director Lucia Rahilly to dig into the latest Women in the Workplace research. They break down the reasons behind “the great breakup” and what organizations must do to materially value diversity, equity, and inclusion (DEI)—and what’s at stake if they don’t. After, everyone's talking about generative AI. If you’re unclear about what it is, we’ll fill you in with an excerpt from our McKinsey Explainer series. Theme music produced, composed, and performed by Joy NgiawSee www.mckinsey.com/privacy-policy for privacy information

Geopolitical risk, an issue once deferred, is now demanding immediate attention. Hear how leaders must challenge the fundamentals of how operations have traditionally been run to adapt to a multipolar world. In this episode of The McKinsey Podcast, senior partner Andrew Grant and global director of geopolitical risk Ziad Haider speak with to global editorial director Lucia Rahilly aboutMcKinsey’s latest research on geopolitical risk, including what questions leaders need to ask to find their way in this fragmented world, how to balance risk versus returns, and how to navigate corporate responsibility. After, McKinsey partner Jennifer Stanley, who thought of herself as a social scientist rather than a businessperson, and shares how a shift in self-perception was all it took to feel capable in this excerpt from our My Rookie Moment series. Theme music produced, composed, and performed by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

Forty percent of Black American households don’t have high-speed, fixed broadband, according to recent McKinsey research. That digital divide is just one of eight investment opportunities that have the highest potential to move the needle on Black economic mobility. On today’s episode of The McKinsey Podcast, McKinsey senior partner Shelley Stewart III speaks with editorial director Roberta Fusaro about how impact investors can help close the digital divide, create more financial inclusion, and achieve equity in healthcare for Black Americans. After, Asaf Somekh, the CEO and cofounder of Iguazio, a company recently acquired by McKinsey, talks about artificial intelligence and offers some solutions for addressing pilot fatigue. The McKinsey Podcast is cohosted by Roberta Fusaro and Lucia Rahilly. Theme music produced, composed, and performed by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

Over the past few years, CEOs have found themselves repeatedly recalibrating in the wake of shock after shock. As 2023 shapes up to be another year of uncertainty, stable ground may continue to seem elusive. In this episode of The McKinsey Podcast, Homayoun Hatami, senior partner and managing partner for global client capabilities, and chief client officer Liz Hilton Segel talk about what matters most—as well as how leaders can begin leaning forward to find new opportunities amid ongoing turbulence and change. After, hear from former CEO of IBM, Ginni Rometty, on what she learned to prioritize as a leader in an excerpt from our Author Talks series. Theme music is composed, produced, and performed by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

From regular water shortages in California to a nitrogen crisis in the Netherlands, the deterioration of natural capital has had tangible consequences—and given rise to a reckoning within business and government. On this episode of The McKinsey Podcast, McKinsey partner Josh Katz and associate partner Caroline De Vit talk with global editorial director Lucia Rahilly about a recently published special report on natural capital: what it is, why it matters, and how Fortune 500 companies are moving now to create opportunities and mitigate rising risks. After, K–12 teachers in the United States are leaving their jobs in unprecedented numbers. McKinsey partner Jake Bryant shares what teachers need to stay. Theme music was composed, produced, and performed by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

Once an engine of US power and prosperity, US labor productivity has grown at a sluggish 1.4 percent since 2005. Imminent challenges such as workforce shortages, debt, inflation, and the cost of energy could be ameliorated with higher productivity. On this episode of The McKinsey Podcast, Olivia White, a McKinsey senior partner and a director of the McKinsey Global Institute, and McKinsey partner Charles Atkins join McKinsey editorial director and host Roberta Fusaro to share tangible ways to boost US productivity. Theme music produced, composed, and performed by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

On this episode of The McKinsey Podcast, McKinsey senior partners Dana Maor and Patrick Simon speak with McKinsey editorial director Roberta Fusaro about three of the ten most asked-about shifts featured in the recently released State of Organizations report: increasing speed and strengthening resilience, the hybrid workplace, and building capabilities in a rapidly changing workplace. After, it can be scary to share a dissenting opinion. But McKinsey senior partner Katy George shares a time she took that risk and reaped the rewards—from our My Rookie Moment series Theme music is composed, produced, and performed by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

Banking instability. High interest rates. Pervasive geopolitical upset. These and other headwinds are pressing powerfully against leaders’ and organizations’ attempts to be more productive and create more economic value. In this episode of The McKinsey Podcast, senior partner Sven Smit puts these trends in context. He shares findings from the McKinsey Global Institute’s latest Future of Wealth research with podcast host and editorial director Roberta Fusaro. He offers four potential scenarios for inflation, interest rates, and growth to 2030 and considers their implications for the future health and wealth of the global economy. After, we get a better understanding of the working class from Farah Stockman, author of  American Made, in an excerpt from our Author Talks series. Theme music produced, composed, and performed by Joy Ngiaw. See www.mckinsey.com/privacy-policy for privacy informationSee www.mckinsey.com/privacy-policy for privacy information

When you’re grocery shopping and see a product that claims it’s “good for the planet” or “society” - are you more inclined to buy it? If yes was your answer, you’re not alone. This is according to a joint study by McKinsey and Nielson IQ about US consumer behavior and spending. Today we’re sharing an episode from the McKinsey on Consumer and Retail podcast that talks all about it. Regular programming for The McKinsey Podcast is back in two weeks.   See www.mckinsey.com/privacy-policy for privacy information

By now, most leaders understand the importance—or, increasingly, the inevitability—of digital and AI transformation. But fewer executives are clear about how to knit systems, people, and processes together in the most productive way. McKinsey senior partners Eric Lamarre, Kate Smaje, and Rodney Zemmel have written Rewired: The McKinsey Guide to Outcompeting in the Age of Digital and AI (Wiley, June 2023) with that disconnect in mind. The authors discuss Rewired which offers clear, customizable paths that organizations can take to succeed with their digital transformations—and stay nimble in the face of constant change. The authors discuss the book on this episode of The McKinsey Podcast, which is hosted by McKinsey editorial director Roberta FusaroSee www.mckinsey.com/privacy-policy for privacy information

Business lore is freighted with misadventures in middle management. Yet middle managers are critical to organizational health and performance, and they are only becoming more so as work continues to transform, according to the new book Power to the Middle: Why Managers Hold the Keys to the Future of Work (Harvard Business Review Press, July 2023). On this episode of The McKinsey Podcast, authors Emily Field, Bryan Hancock, and Bill Schaninger talk to global editorial director Lucia Rahilly about the costs of middle management gone awry—and about a new model for getting it right.  Theme music produced, composed, and performed by Joy Ngiaw. See www.mckinsey.com/privacy-policy for privacy informationSee www.mckinsey.com/privacy-policy for privacy information

By 2050, about 25 percent of the world’s population will be from the African continent. What can be done now to support Africa’s educational infrastructure, bountiful resources, and technological innovation? On this episode of The McKinsey Podcast, McKinsey partner Mayowa Kuyoro and senior partner Acha Leke share details from their latest research on Africa and outline the strengths and assets the continent has that can help it vastly improve its productivity and reinvigorate its economy. They join host and editorial director Roberta Fusaro. But first, McKinsey global director of geopolitical risk, Ziad Haider, is here to give us a quick update on the current state of world geopolitics. Theme music produced, composed, and performed by Joy Ngiaw. See www.mckinsey.com/privacy-policy for privacy informationSee www.mckinsey.com/privacy-policy for privacy information

Good things will come to those companies that don’t wait. McKinsey AI experts Michael Chui and Alex Singla discuss McKinsey’s new reportabout the generative AI opportunity with global editorial director Lucia Rahilly. Hear how companies should immediately seize the gen AI opportunity to gain competitive advantage.But first, McKinsey senior partner Kelsey Robinson points out a consumer spending dichotomy in her first of a series of a quick US consumer behavior check-ins.See www.mckinsey.com/privacy-policy for privacy information

The stakes are high when it comes to tackling the unprecedented mental health issues facing today’s teens. In this episode of The McKinsey Podcast, global editorial director Lucia Rahilly speaks with McKinsey partner and coleader of the McKinsey Health Institute Erica Coe and the founding president and medical director of the Child Mind Institute, Harold Koplewicz, about what the struggle means for society at large. Then, Maggie Smith, author of You Could Make This Place Beautiful (Atria/One Signal Publishers, April 2023), shares how grief can be transformative, in an interview excerpt from our Author Talks series. The McKinsey Podcast is cohosted by Roberta Fusaro and Lucia Rahilly.See www.mckinsey.com/privacy-policy for privacy information

As companies struggle to understand the implications and applications of generative AI, one thing seems clear: AI and its future iterations are not going anywhere. On this episode of The McKinsey Podcast, senior partner Kweilin Ellingrud and partner Saurabh Sanghvi share findings from McKinsey’s latest report on gen AI with editorial director Roberta Fusaro and explain why companies must pivot to embrace the technology itself and the deep and lasting changes it may create. Individual and organizational adaptability will be critical. Also on this episode, the advent of gen AI has many people thinking about the future of their jobs. Joanne Lipman, author of Next! The Power of Reinvention in Life and Work (Mariner Books, March 2023), shares a four-step process for figuring out where you might go next and how you’ll get there, in our Author Talks series. The McKinsey Podcast is cohosted by Roberta Fusaro and Lucia Rahilly. Theme music produced, composed, and performed by Joy Ngiaw. See www.mckinsey.com/privacy-policy for privacy informationSee www.mckinsey.com/privacy-policy for privacy information

When times get tough, marketing budgets are among the first ones cut. But such cutbacks can be shortsighted. On this edition of The McKinsey Podcast, McKinsey senior partner Kelsey Robinson chats with cohost and editorial director Roberta Fusaro about why chief marketing officers should instead be empowered to adopt an investor mindset—that is, focus on eliminating inefficient spending and reinvesting it in high-growth marketing activities. By taking a full-funnel approach to their marketing strategies, companies are more likely to weather any economic storm that may come their way. Also, McKinsey senior partner Alok Kshirsagar talks about making a tough call on a high-profile project, from our Rookie Moment series. The McKinsey Podcast is hosted by Roberta Fusaro and Lucia Rahilly. Theme music produced, composed, and performed by Joy Ngiaw. See www.mckinsey.com/privacy-policy for privacy informationSee www.mckinsey.com/privacy-policy for privacy information

Hybrid work has roiled the real estate market—and it’s here to stay, according to new research from the McKinsey Global Institute. On this episode of The McKinsey Podcast, McKinsey senior partners Aditya Sanghvi and Jonathan Woetzel chat with global editorial director Lucia Rahilly about how the persistence of the pivot to working from home has transformed the places we work, live, shop, and socialize—and about the unique opportunity hybrid presents to rethink real estate for our changing future.See www.mckinsey.com/privacy-policy for privacy information

“Revenge travel.” It’s what a lot of people are doing these days–hitting the runways in big numbers to make up for time lost during the pandemic. McKinsey recently partnered with Skift, a leading travel industry news site, to write a report about travel in the age of AI. McKinsey partners Alex Cosmas and Vik Krishnan the research which drew from interviews with a range of travel executives.   Theme music produced, composed, and performed by Joy Ngiaw. See www.mckinsey.com/privacy-policy for privacy informationSee www.mckinsey.com/privacy-policy for privacy information

If productivity is down in your organization, it may be a sign that at least some employees are unmotivated and unhappy—and that other employees are feeding on that dissatisfaction, further eroding productivity and creating attrition. On this episode of The McKinsey Podcast, McKinsey senior partner Aaron De Smet and partner Angelika Reich talk about McKinsey’s latest research on employee productivity and their perspectives on a few types of workers, ranging from those who bring fellow employees down to those who raise them up. Theme music produced, composed, and performed by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

We’ve all heard lots about cloud technology, but, according to new McKinsey research, only 20 to 30 percent of industries are using it regularly and at scale. On today’s episode of The McKinsey Podcast, McKinsey senior partners Mark Gu and James Kaplan share findings from the report, “In search of cloud value: Can generative AI transform cloud ROI?” They talk about why cloud technology is essential in business, what’s holding companies back from getting themost value from their cloud programs, and the steps they can take to improve their cloud capabilities.But first—did you realize that six words are fundamental to your company’s success? Scott Keller, McKinsey senior partner and author of CEO Excellence, tells us more. Theme music was composed, produced, and performed by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

Across the United States, consumers are continuing to spend, but they’re not opening their wallets too wide. Joining us are McKinsey partners Colleen Baum and Tamara Charm who say retailers that offer personalized promotions, same-day delivery, and “buy now, pay later” plans are more likely to capture cautious consumers’ holiday spending. Learn more about US consumers’ holiday shopping behaviors and expectations on this guest episode of the McKinsey on Consumer and Retail podcast, hosted by Monica Toriello. See www.mckinsey.com/privacy-policy for privacy information

What is a geek? What geek norms are associated with success?  Andrew McAfee will answer these questions and more. He’s a principal research scientist at the MIT Sloan School of Management and author of the new book, The Geek Way: The Radical Mindset that Drives Extraordinary Results. This is a guest episode from McKinsey’s Forward Thinking podcast, with co-host and McKinsey partner Michael Chui.See www.mckinsey.com/privacy-policy for privacy information

Though the banking industry has had its best period since 2007, banks still need to acknowledge recent structural and macroeconomic shifts and look for ways to evolve with markets. On this episode of The McKinsey Podcast, McKinsey senior partner Alex Edlich and partner Reinhard Höll join editorial director Roberta Fusaro to discuss the findings of McKinsey’s Global Banking Annual Review. They outline the new challenges banks are facing and suggest how leaders can addressthose challenges.See www.mckinsey.com/privacy-policy for privacy information