Global debt has risen by $57 trillion since the 2008 financial crisis - posing new risks to financial stability and economic growth. Current solutions are not sufficient, and new approaches to managing and monitoring debt will be required. Firm experts have recently analyzed the evolution of global debt, and the resulting MGI report identifies three areas of emerging risk: soaring government debt; the continued rise in household debt; and the quadrupling of China’s debt since 2007. During this session, MGI Partner, Susan Lund, and report advisor, former Director, Adair, Lord Turner, will explain the implications of their findings, and why there is a pressing need to innovate how debt is created, managed, and resolved. They will share proposals and innovations related to debt reduction, and will discuss ways to create a system that can support debt, while avoiding the destructive boom-bust credit cycles of the past. Read More..
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- "It gave me hands-on insight on how to run a company. One of the training elements I really look back on was the one-week Engagement Leadership Workshop. I learned there that there are multiple aspects of leadership, and it was incredibly thought-provoking. Becoming a great leader involves the ability to juggle all these different aspects of leadership at the same time."Jørgen Knudstorp (COP 98-01)
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- "My years at McKinsey were absolutely rewarding after seeing measurable impact on each engagement I worked on. I am fully convinced that McKinsey is the proven training ground for future business leaders, and it also provides a fun, rewarding, and exciting work environment that each McKinsey consultant can be proud to be part of every day."Emre Gürkan (ATB, ATL 05-05, 06-08)
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- "I originally saw working at McKinsey as a piece of the puzzle – something that would provide me with exposure to all aspects of business. I now see it as a frame for the puzzle. It’s provided me context for putting all the other pieces in place."Tim Carl (CLE 01-02)
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- "Understanding the motivations and bringing along elected officials in particular was a totally new experience for us, but was something that could be sorted through by using the same consensus building skills at McKinsey."Gautam Grover (CHI, KLA 05-09)
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To further understand the business case for why diversity matters, the Firm has recently expanded the scope of its research efforts on the performance/diversity relationship to include the broader lens of race, ethnicity, gender, and sexual orientation. The resulting “Diversity Matters” report provides the first global economic argument that there is a correlation between broader diversity - on boards and top executive teams - and superior economic performance and organizational health. During this session, the report authors will tease out some of the details of these relationships and how to take full advantage of the opportunities that diverse leadership teams provide. Read More..
Ndidi, Co-Founder and Director of AACE Foods, Director of Sahel Capital Partners, and advocate for the leadership potential of women in Nigeria, recently spoke with All Africa about her philosophy on effecting change when societal norms are stacked against women’s success. Read More..
In this week's 26 alumni headlines, Jim Clayton is named CEO of Breville; three alumni and a current firm member are named to Crain's '40 under 40' list for New York; Ghislain Lescuyer is named Chairman of the management board of Saft; Steve Youngwood joins Sesame Workshop as Chief Operating Officer; Fida Bou Chabké is appointed CEO of Boisé-Vivelys; and more. Read More..
In this week's 16 alumni headlines, Ron O'Hanley joins State Street as Head of its Asset Management business; Brian Stafford is named CEO of Diligent Board Member Services; Trey Loughran is named CMO at Equifax; Fedor Kirsanov joins OMZ as Deputy CEO; Lenny Mendonca is named a Senior Fellow at Presidio Institute; Jean Holloway is appointed General Counsel at CryoLife; and more. Read More..
In this week's 19 alumni headlines, Björn Ivroth is named CEO of EVRY; Kamran Ansari joins Pinterest to head corporate development; Amisha Jain, Shveta Raina, and current Firm member Sahana Sarma are among India Inc.’s list of 'Rising Women Leaders'; Bill Meehan is honored with the Stanford Excellence in Leadership Award; and more.
February's 71 alumni stories feature a number of achievements and prominent appointments, including: Helge Lund joins BG Group as CEO; Sir Howard Davies will become the new Chairman of RBS; Matt Brittin is named Head of EMEA at Google; Dana Dunne is named the new CEO of eDreams ODIGEO; Isobel Coleman is confirmed as a U.S. Representative to the UN; Anders Carlström joins Standard Chartered as Head of Digital Banking; Ewa Szmidt-Belcarz is named CEO of Poland's Empik Sp. z o.o.; Hannes Wittig will join Deutsche Telekom as Head of Investor Relations; and many more. Please click 'Read More' for an overview of all of February's alumni headlines, organized by industry. Read More..
In this week's 24 alumni headlines, Tad Smith is named CEO of Sotheby's; Tera Allas joins the governing board of Innovate UK; Michiel de Ruiter joins Zeelandia Group as CEO; Andy Saperstein is named Co-COO of Banking & Trading at Morgan Stanley; Jan-Philipp Pfander is appointed Managing Director at Moelis & Company; and more. Read More..
Recently named one of the five most powerful women in Australia, Alison talks with us about how asking for a senior role helped propel her into leadership, who inspires her, and the life-changing piece of advice – "Don’t hide your light" – she received from one of her McKinsey women mentors. Read More..
Alums from across the globe, as well as a current Firm Partner, are among this year's class of Young Global Leaders (YGLs). Read More..
Chaim, co-founder and managing director of Gigawatt Global, has led the successful development of a major solar field in Rwanda. Read More..
In this week's 15 alumni headlines, Tidjane Thiam is named CEO of Credit Suisse; Patrick Pichette is set to retire as CFO of Google; Wilm Langenbach joins AXA as COO of Mediterranean and LatAm; Todd Strubbe joins VeriSign as COO; Amy Chang joins the board of Splunk; and more. Read More..