During this session, Senior Partner Richard Dobbs and Partner Anu Madgavkar will share their upcoming MGI research that addresses the growing issue of income inequality between generations in advanced economies. They’ll show how this is reflected in the growing cohort of people in developed countries "not advancing" and growing up poorer than their parents' generations, and how automation and artificial intelligence have played into this new trend. They will also explain the factors that previously helped subsequent generations grow up with the potential to be more prosperous than their parents, and what has shifted in today’s markets to put the next generation’s advancement - particularly those in low skill roles - at risk of earning lower incomes than their parents. Finally, Richard and Anu will discuss how this change could impact the broader economy and world labor markets. Read More..
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During this session, MGI Partner Jaana Remes, Partner Daniel Zipser and Anne Martinez will share insights from the McKinsey Global Institute (MGI) report, “Urban world: The global consumers to watch.” Incorporating supporting research from the Customer Management, Consumer, Retail, and China Practices – our presenters will share how demographic shifts and urbanization are transforming the consumer landscape. They will also share how three specific consumer segments – the retiring and elderly in developed economies, China’s working age population, and North America’s working age population – are set to generate half of all urban consumption growth through 2030. Finally, our presenters will discuss strategies to more effectively identify and engage with the most promising consumer segments to ensure success over the coming decades. Read More..
Max and Darryl are the people behind Getmii, a social media app that creates small communities that offer each other assistance – essentially bringing back the age-old custom of helping out your neighbors. Read More..
In this week’s 35 alumni headlines, S&P Global CFO Jack Callahan will join Yale University as Senior Vice President for Operations in August; seed-stage venture capital firm Romulus Capital, founded by Krishna Gupta and Neil Chheda, launches a USD 75 million fund; Vijay Iyengar joins biopharmaceutical company Incyte as head of global product strategy; Wendy Murdock is appointed to the board of La Caisse de dépôt et placement du Québec; and many more. Read More..
In the lead-up to the 2016 Tony Awards, the New York Observer recently featured Tom and his theater-review site, Show-Score, describing it as "the website theater fans have been waiting for." Read More..
In this week’s 27 alumni headlines, SmarTone Telecommunications appoints Anna Yip as CEO; AXA appoints Nick Lane as CEO of AXA Japan and Wilm Langenbach as CEO of AXA Emerging Markets, EMEALA (Europe, Middle East, Africa and Latin America); Inc. Magazine names CommonBond, co-founded by David Klein, to its inaugurual list of the 50 best small businesses to work for; and many more. Read More..
In this week’s 51 alumni headlines, Yasmin Belo-Osagie is named to Fast Company's 2016 list of the Most Creative People in Business; Tariq Shaukat joins Google as President of Enterprise Sales; Geno Fernandez is appointed Chief Underwriting Officer of Zurich North America; Mohammad Naraghi is named CEO of Aenova; and many more. Read More..
Michelle has chosen new directions many times in her life (“Following a ‘normal path’ has never been a thing for me,” she says). Over a 26-year career at the firm, she served in roles as varied as Chief of Staff to then-global managing director Ian Davis to Chief Human Resource Officer – serving so distinctively in that position that it inspired current managing director Dominic Barton to publish a cover-story article in Harvard Business Review challenging CEOs to redefine the CHRO role. Now, five months after leaving McKinsey and in a new role as managing director of a venture fund, Michelle reflects on why the Firm will always be “home.” Read More..
Juliana owns and runs Terra Alta, an award-winning coffee farm in southeastern Brazil. In an interview for the Square Mile Coffee Roasters' blog, she talks about changing her career direction, the challenges of setting up a coffee farm from scratch, and what sets her product apart from others. Read More..
In this week’s 44 alumni headlines, Mark Langer is named CEO of Hugo Boss; Fernando Musa is promoted to global CEO of Braskem; four alums are named to Business Insider’s list of the 40 “Coolest in UK Fintech”; Raj Shah is named managing partner of the Defense Innovation Unit Experimental (DIUx) of the U.S. Department of Defense; UBS appoints Martin Blessing as its new head of Swiss operations; Marco Sesana is appointed CEO and General Manager of Generali Italia; Jen Wong, Time Inc.'s President of Digital, adds Product Development and Engineering to her responsibilities; Andrea Vittorelli joins JPMorgan as Global Insurance Chairman; and many more. Read More..
Sara Brand recently spoke with the Austin Business Journal about her career journey. Following a doctorate in mechanical engineering and an executive role at Advanced Micro Devices (AMD), Sara founded Austin, Texas-based True Wealth Ventures to focus on women-led startups. In addition, she and her husband are co-founders of (512) Brewing Company, which produced 11,000 barrels of beer last year. Read More..
In this week’s 53 headlines, Claudia Nemat is appointed to the board of Airbus Group; Natalia Izosimova is appointed to the board of Russian bank Promsvyazbank; Adil Zainulbhai joins Uber's new global policy advisory board; Daryl Lee, CEO of UM, a division of IPG Mediabrands, is named Ad Week's Executive of the Year; James Shelton will lead the education component of the Chan Zuckerberg Initiative; Amazon's Hollywood chief Roy Price scores a landmark deal with Woody Allen; and more. Read More..