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Forward Thinking

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Forward Thinking

McKinsey Global Institute

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Forward Thinking examines groundbreaking ways in which the world is evolving and how people and organizations can respond to changing demands and technologies. In each episode theorists, innovators, and business leaders discuss global trends—technology, artificial intelligence, globalization, urbanization, climate change, and more—with hosts Michael Chui and Janet Bush of the McKinsey Global Institute.
 
Asia's standing in the world has changed and it is clear that where the focus was once on how quickly the region would rise, the reality is now all about how Asia will lead. In the Future of Asia Podcast, we invite leaders from across the region to discuss the power, agility and ambition of Asia and to shed light on what kind of leader Asia will be, and what this means for governments and businesses everywhere.
 
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In this episode of the McKinsey Global Institute’s Forward Thinking podcast, co-host Janet Bush speaks with Guntram Wolff, the director of Bruegel, which is regularly ranked one of the top global think tanks. In early 2021, he was appointed to a new G-20 panel on pandemic prevention, preparedness, and response.Wolff discusses the challenge of being…
 
In this episode of the McKinsey Global Institute’s Forward Thinking podcast, co-host Janet Bush speaks with distinguished economist Michael Spence. He is professor of economics and dean emeritus at the Stanford Graduate School of Business, senior fellow at the Hoover Institution at Stanford, senior professor at SDA Bocconi, and Nobel laureate in Ec…
 
In this episode of the McKinsey Global Institute’s Forward Thinking podcast, co-host Michael Chui speaks with Mary “Missy” Cummings, one of the first female fighter pilots in the US Navy and now a professor in the Duke University Pratt School of Engineering and the Duke Institute for Brain Sciences, as well as the director of Duke’s Humans and Auto…
 
Asia is the world’s consumption growth engine – miss Asia, and you’ll miss a $10 trillion opportunity over the next decade. Powerful demographic forces are reshaping consumer behavior and causing large shifts in consumption patterns. In this episode, we discuss the consumer trends and segments driving Asia’s growth over the next decade, and how com…
 
Asia is primed for rapid healthcare change, driven by shifting demographics, rising consumer expectations, technological innovations, and limited legacy health infrastructure. Today, digital health impacts more than a billion lives, and estimates show that digital health in Asia could collectively create up to $100 billion in value by 2025. In this…
 
We’d like to share a special interview from our friends at McKinsey’s Inside the Strategy Room podcast. In this episode, you’ll hear Brian Chesky, the co-founder and CEO of Airbnb, in discussion with McKinsey Global Institute co-chairman James Manikya. The theme of their conversation centered around how to build companies capable of thriving in the…
 
In this episode of the McKinsey Global Institute’s Forward Thinking podcast, co-host Anna Bernasek speaks with Jeffrey Seller, producer of Broadway hits Hamilton, In the Heights, Rent, and more about the tumultuous year-plus Broadway and live performances have endured. Ahead of Broadway reopening in September 2021 and live performances coming back …
 
In this episode of the McKinsey Global Institute’s Forward Thinking podcast, host Michael Chui speaks with Laura Tyson, Distinguished Professor of the Graduate School at the Haas School of Business, University of California, Berkeley. Tyson shares her journey in economics, from discovering Econ 1 in college to chairing the President’s Council of Ec…
 
Cloud has become a great enabler in advancing organizations’ business priorities across Asia. The growing importance of cloud technology is now being realized all over the region but challenges remain. What are the best practices when thinking about leveraging cloud technology? How do leaders attract and retain talent that can take their organizati…
 
In this episode of the McKinsey Global Institute’s Forward Thinking podcast, hosts Michael Chui and Anna Bernasek speak with Daron Acemoglu. Daron is a professor of economics at the Massachusetts Institute of Technology (MIT), a coauthor (with James A. Robinson) of Why Nations Fail: The Origins of Power, Prosperity and Poverty, and the author of ma…
 
In this episode of Forward Thinking, host Michael Chui speaks with Jeffrey Ding, researcher and founder of the ChinAI newsletter, about information asymmetry in artificial intelligence between China and the West. They cover why data may not be like oil, the Chinese industry adage on products, platforms, and standards, “unsexy AI” and more. There’s …
 
The COVID-19 pandemic has exacerbated preexisting workplace mental health challenges, creating a new imperative for leaders to take a holistic and methodical approach to workplace mental health. In this episode, we discuss the impact of poor mental health on work performance, how companies can sustainably improve mental health at the workplace, and…
 
We’ve been hearing for a long time that robots are coming for our jobs. Now, with widespread global unemployment due to COVID-19, that sounds even more ominous. But what if robots and AI could, in fact, help with recovery? Well, it’s possible. For instance, in some rural parts of the US, artificial intelligence and machine learning are making these…
 
Asia has experienced a significant technological transformation over the past decade, and there is more to come if the region addresses remaining gaps in core capabilities. In our mini-series "The Audible Brief", we feature audio summaries of our flagship McKinsey Global Institute discussion papers. In this episode, we focus on four major opportuni…
 
“Digital is changing the way that we create value in society. Where in value chains does that happen? Who gets the benefits? And is there a gap between what we measure in dollars and the economic welfare, the benefits, that people can get from these digital services? There's a wedge opening up between the categories and the dollar values that we ca…
 
Banking fortunes are linked to the fortunes of economies. When Asia entered the COVID-19 crisis, banks were well-prepared and far more resilient this time than they were during the crisis of 2008. The outlook still remains worrisome as trillions of dollars of GDP are still under threat, and the near-term recovery of the economy is patchy and uncert…
 
You’ve heard about the Industrial Revolution and the digital revolution. But now, we’re heading into a Bio Revolution. And this is going to transform the economy and society in many ways—even beyond health and agriculture. And we need to understand both the potential for good and how to avoid the pitfalls. In this episode, we start with a picture o…
 
Millions of people have lost their jobs over the past year, and the jobs that are going to be available coming out of the pandemic might be really different from those that were available even a few years ago. Just think about some of the jobs that employed a lot of people before: in-person services like personal care, dining, travel, and leisure. …
 
As part of Black History Month, MGI co-chair James Manyika had an open, candid conversation with Mellody Hobson and an audience of McKinsey colleagues in the San Francisco office. “You can almost pick any arena you want in American business, society, and community, and I think you’ll probably find Mellody involved, playing some important pioneering…
 
The Bio Revolution has the potential to transform our lives, and genome editing—the ability to change the DNA sequence in a targeted way using CRISPR-Cas9, is one of the key innovations that has sparked imaginations while also raising its fair share of controversy. What is the origin of this technique? How do we weigh the enormous benefits against …
 
Asia has developed and deepened its technological capabilities and infrastructure rapidly over the past decade, accounting for the largest share of global growth in many technology metrics. In this episode, we discuss how organizational culture that help leaders drive innovation, how Asia can capitalize on its wealth of tech talent, and how technol…
 
Forward Thinking is a new podcast series hosted by Michael Chui and Anna Bernasek. We want to inform and provoke your thinking by interviewing names you may know—like Nobel prizewinners Jennifer Doudna and Sir Christopher Pissarides—and by introducing up-and-comers you should know. We ask experts to tell us about the key changes they see that will …
 
Asia’s healthcare ecosystems are digitizing. Amid enormous challenges in the face of COVID-19, healthcare companies have taken steps to mitigate the crisis and create positive change. In this episode, we discuss how Asia’s healthcare sector can capture opportunities in a post-pandemic world, especially on the back of recent technological shifts tha…
 
Artificial intelligence (AI) has played a huge part in accelerating key trends during the pandemic – it has fundamentally changed the way we work. However, what happens when human biases affect the way we use technology? In this podcast, we dive deep into how gender bias is reflected in AI, why we must consciously debias our machine-human interface…
 
The America’s Cup, the oldest trophy in international sport, is competitive sailing’s most coveted prize. When the 36th edition begins in March, the race’s defending champion, Emirates Team New Zealand, will hit the water having utilized a new crew member: an AI bot created by McKinsey. Winning the America’s Cup has always been as much about techno…
 
2021 is being seen as a year of transition for businesses in Asia. As we begin to put the disruption of the pandemic behind, what are the trends that show we are transitioning to the next normal? In this episode, we discuss the changing ways of working, innovation in action, and the sustained sustainability imperative despite the pandemic. Join the…
 
The future of work is constantly evolving, and COVID-19 has only accelerated this phenomenon. The pandemic has led to the rise of remote work, a growth in the e-commerce market, and has facilitated the adoption of AI and automation. How do these trends impact occupational transitions? In this episode, we discuss what this means for Asia’s workforce…
 
2020 has been a challenging year. With employees working from home, customers taking to digital channels at unprecedented rates, and news headlines signaling more unpredictability, many companies are finding their resilience tested like never before. As we reflect on our experiences and look to the new year, we discuss the growing gap between high …
 
At the beginning of our discussion back in August 2019, the most important issues facing Asia were the ramping up of the US-China trade challenges, the North Korea-US nuclear deals, the Rohingya refugee crisis, and the many challenges ahead with the crisis in climate change. Today in 2020, a lot of these issues have shifted due to the influence of …
 
At the beginning of our discussion back in August 2019, the most important issues facing Asia were the ramping up of the US-China trade challenges, the North Korea-US nuclear deals, the Rohingya refugee crisis, and the many challenges ahead with the crisis in climate change. Today in 2020, a lot of these issues have shifted due to the influence of …
 
Asia has developed and deepened its technological capabilities and infrastructure rapidly, accounting for the largest share of global growth in many technology metrics. Over the past decade, Asia’s populations have embraced technology more quickly and enthusiastically than in any other region of the world. In this episode, we discuss the state-of-p…
 
The effects of the changing climate are already being felt: between 600 million and one billion people could be at risk of lethal heat waves by 2050. According to a recent McKinsey analysis, up to $4.7 trillion of GDP in Asia is at risk annually from loss of effective outdoor working hours because of increased heat and humidity. In this episode, we…
 
A driving force in Asia after several decades of strong and sustained economic growth, members of ASEAN make up almost half of the world’s best-performing developing economies. ASEAN is home to eight of 18 developing economies that averaged at least 3.5 percent annual per capita GDP growth over 50 years. In this episode, we discuss the opportunitie…
 
For many companies, COVID-19 has challenged their operating and business models. Agile organizations have proven to be more resilient than the average company, and are thus better suited to respond to economic shocks posed by the pandemic. In this episode, we explore how large companies adapted their operating models in the midst of the crisis, and…
 
Asia has the suite of capabilities needed for building new businesses—a skilled talent pool, a strong startup culture and robust investment. This podcast episode, featuring the President of True Digital, Michael Gryseels, highlights how Asian companies can capture the business-building opportunities that come with the region’s unique characteristic…
 
India is at a decisive point in its journey towards prosperity. With economic reforms, the country could create gainful jobs for 90 million workers over the coming decade; letting go of this opportunity could risk a decade of economic stagnation. What steps can be taken to return India’s economy to a high-growth track? What will the role of states …
 
As COVID-19 continues to impact lives and livelihoods around the world, we can see that the pandemic and its economic fallout are having regressive effects on gender equality. What does progress on gender parity look like in light of COVID-19? What is the state of diversity and inclusion in the workplace, and what workable steps can be taken to emp…
 
COVID-19 is confronting companies in Asia with a daunting degree of disruption. The lessons from previous crises tell us there is a very real risk that inclusion and diversity may now recede as a strategic priority for organizations – despite the fact that more diverse companies are most likely to create adaptive and effective teams. In this episod…
 
The COVID-19 pandemic has had a profound economic impact upon families and markets across almost all sectors. Coupled with the recent bushfires and recession, Australian consumers’ habits are adapting to the changing circumstances. In this episode, we discuss the shifts in the Australian consumer’s behaviour. How can Australian businesses adapt and…
 
Corporations in Asia have grown rapidly and risen to global prominence over the past decade. However, they lag behind their global counterparts in terms of their economic profits. The COVID-19 pandemic may also widen the gap between underperforming and outperforming companies. In this episode, we discuss the capital paradox, and how Asian companies…
 
How has COVID-19 affected the retail shopping behaviours, spending, and expectations of consumers in Asia? In this episode, we discuss the four big shifts that require food retailers to act —and in some cases, accelerate the changes they have already made in response to the crisis. Reimagining their businesses will better equip food retailers to pr…
 
How can Asian companies address climate change in a post-pandemic world? This is more important than anywhere else in the world, with the majority of impacts of climate change falling on Asia. Sustainability has become the imperative of our time and risen to be a number one priority for society and businesses. In this episode, we discuss the nature…
 
COVID-19 is an unprecedented humanitarian challenge for all countries. India has made a concerted effort to flatten the pandemic’s curve. Now attention is shifting to reopening the economy while containing the virus: a conundrum many other nations are also grappling with. On May 8, our McKinsey experts sat down to talkabout some of the measures Ind…
 
The coronavirus outbreak is shaping up to be the biggest economic crisis since World War II. The challenges associated with the virus are much larger than companies are used to dealing with, and firms need to have an adaptable operating model that can withstand an extraordinary level of uncertainty. How can companies adjust their business recovery …
 
Although COVID-19 continues to pose a significant threat to the world, different countries are at vastly different stages of the spread. While some countries recently recorded their first cases, certain states are beginning to see slowing infection rates, including South Korea. South Korea’s response to COVID-19 was seen by the global community as …
 
The coronavirus pandemic is reshaping the global economy. Asia, the first part of the world affected by the crisis, is leading the way out of it. The decisions leaders make today will not only influence how quickly their organizations and nations can emerge from the current crisis, but also define how they adapt to the ‘next normal’. In a post-pand…
 
The Asian Century has begun. Asia is the world’s largestregional economy and it is poised to lead the world into the next phaseof globalization. We discuss how global flows are shifting toward Asia,and what companies and governments can do to win in a world led byAsia. Read more > Listen to the podcast (duration: 42:30) >…
 
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