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..
- "At McKinsey, you find people who are interesting, who share your values, and you become friends. These are people I trust."Glacomo Dl Nepl, Milan, 1980-96
- "I gained a strong sense of purpose and value from having really good mentors at McKinsey."Richard Berman, New York, 1987-90
- "The tools you learn at McKinsey allow you to work in almost any industry that interests you and make truly significant contributions."Ian Melanson, Toronto, 1993-96
- "McKinsey is a state-of-the-art global network. Whenever I have contact , I learn something new that I can use in my day-to-day work."Barbara Kux, Düsseldorf, 1984-89
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 greater economic performance and better organizational health. During this session, the report authors will explain the statistically significant relationship between a more diverse leadership and better financial performance, and will share how to take full advantage of the opportunities that diverse leadership teams provide. Read 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..
In this week's 22 alumni headlines, Claude Généreux Joins Power Financial Corporation as Executive Vice President; Doug Gurr will become Chairman of the British Heart Foundation; Tanuja Randery is appointed President of UK & Ireland at Schneider Electric; Anouck Duranteau-Loeper breathes new life into iconic fashion house Paco Rabanne; Olivia Sabine joins the board of Clear Channel Outdoor Holdings; and more. Read More..
In this week's 16 alumni headlines, Sir Howard Davies will become the new Chairman of RBS; Matt Brittin is named Head of EMEA at Google; Matt Crockett joins Fletcher Building Limited as CEO, Heavy Building Products; Isha Ambani is named to a Forbes list of 12 "Power Businesswomen" to watch in Asia; and more. Read More..
In this week's 14 alumni headlines, three alumnae are named to The Deal Magazine's inaugural list of the 50 most powerful women in Australia; Cédric Moret will become the new CEO of ELCA Group; Hannes Wittig will join Deutsche Telekom as Head of Investor Relations; under Jørgen Knudstorp's leadership, LEGO is named the world's most powerful brand; Muriel De Lathouwer is named CEO of EVS Broadcast Equipment; and more. Read More..
Yasmin's social enterprise She Leads Africa is dedicated to investing in women entrepreneurs who have the potential to create global enterprises and effect change on a large scale. Read More..