Bcg Henderson Institute

Jacqueline Novogratz is the founder and CEO of Acumen, an impact investment fund that has partnered to build more than 100 social enterprises that bring basic services like affordable education, health care, clean water, energy, and sanitation to more than 300 million people across Africa, Latin America, South Asia, and the United States.In her latest book, Manifesto for a Moral Revolution: Practices to Build a Better World, published in May 2020, she explains that continued technological advancement and market solutions won’t solve the defining problems of our time (inequality and climate change). She calls for a moral revolution to reimagine and reform technology, politics, and business.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, she discusses insights from her new book, including on moral imagination, and patient capital.***About the BCG Henderson InstituteThe BCG Henderson Institute is the Boston Consulting Group’s think tank, dedicated to exploring and developing valuab

Dambisa Moyo is an economist and best-selling author who focuses on macroeconomics and global affairs. She currently serves on the boards of Chevron Corporation and the 3M Company. Previously, she was a board member of Barclays, Barrick Gold, and Seagate Technology, and worked at Goldman Sachs and at the World Bank.Her new book, How Boards Work: And How They Can Work Better in a Chaotic World, builds on her experience as a board member of global companies. She argues that today’s boards have three main tasks: shaping the company strategy, selecting leaders (in particular the CEO), and safeguarding the company’s culture, ethics, and values.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, she discusses insights from her new book, the boards’ role in strategy, and how boards can and should support C-suite leaders while providing oversight for the company.***About the BCG Henderson InstituteThe BCG Henderson Institute is the Boston Consulting Group’s think tank, dedicated to explorin

In the absence of excessive regulation or anti-competitive practices, industries are observed to evolve toward an optimal market structure called the Rule of Three. This entails that a market with three full-line generalist firms that are volume-driven and with numerous successful small specialists that are margin-driven. In their new book, The Global Rule of Three, Can Uslay, Associate Professor of Marketing at the Rutgers Business School; Jagdish Sheth, Professor of Marketing at the Goizueta School of Business at Emory University; Raj Sisodia is Professor of Global Business at Babson College argue that even after industries globalize, the Rule of Three prevails.When a market expands from local to regional or from regional to national or from national to global, there are usually shakeouts and mergers in the industry and only three volume-driven players survive as regional, national, or global players. Often,  one company is from each of the three major economic zones of the world: North America, Wester

Charles Goodhart is professor emeritus of monetary economics at the London School of Economics. Charles was a member of the monetary policy committee at the Bank of England between ’97 and 2002 and is a fellow of the British Academy.Manoj Pradhan is the founder of Talking Heads Macro, an independent macro research firm, a former MD in Morgan Stanley’s global macro team, and previously an academic.The book, The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival, provides a thought-provoking narrative to the drivers of and outlook for inflation. They conclude that the benign inflation environment of the past three decades was made easy by accommodative global demographics and that the turn in demography will present a much more challenging environment for policy makers going forward.***About the BCG Henderson InstituteThe BCG Henderson Institute is the Boston Consulting Group’s think tank, dedicated to exploring and developing valuable new insights from business, technolog

Kevin Roose is an award-winning technology columnist for The New York Times, and the New York Times bestselling author of three books: Futureproof, Young Money, and The Unlikely Disciple. He writes and speaks regularly on many topics, including automation and A.I., social media, disinformation and cybersecurity, and digital wellness.His most recent book, Futureproof, focuses on the question, how can we be happy, successful humans in a world that is increasingly built by and for machines?In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute he discusses insights from the book, strategies to cope with the increasing roboticization of society, and learnings about how previous technological revolutions have changed our lives and our humanity, for better and worse.***About the BCG Henderson InstituteThe BCG Henderson Institute is the Boston Consulting Group’s think tank, dedicated to exploring and developing valuable new insights from business, technology, economics, and science by embracin

Raphael Amit, Professor of Management at the Wharton School, and Christoph Zott, Professor of Entrepreneurship at IESE Business School, have co-published extensively on all aspects of business model innovation strategy. Their new book, Business Model Innovation Strategy: Transformational Concepts and Tools for Entrepreneurial Leaders, is a guide on business model design for leaders.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute the authors argue that business model innovation does not replace traditional strategy, but instead complements it by providing new opportunities to disrupt the market or reinvigorate an established firm, by creating an advantaged system of activities.***About the BCG Henderson InstituteThe BCG Henderson Institute is the Boston Consulting Group’s think tank, dedicated to exploring and developing valuable new insights from business, technology, economics, and science by embracing the powerful technology of ideas. The Institute engages leaders in provocativ

Noreena Hertz is an English academic, economist, and author of four books. Having spent 10 years at the University of Cambridge, in 2014 she moved to University College London where she is an Honorary Professor at the Institute for Global Prosperity.Her latest book The Lonely Century: How to Restore Human Connection in a World that’s Pulling Apart focuses on how loneliness has become a defining condition of the twenty-first century. Even before the pandemic, loneliness had become more pervasive and widespread than ever before.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute she argues that loneliness is not merely a mental health crisis — it is a physical crisis, an economic crisis, and a political crisis that has profound implications on individuals and businesses.***About the BCG Henderson InstituteThe BCG Henderson Institute is the Boston Consulting Group’s think tank, dedicated to exploring and developing valuable new insights from business, technology, economics, and science

Spoiler AlertWe preface this podcast with a ‘spoiler alert’ as this novel is different from the more formal economics works we usually discuss on this podcast, and we wish to give the listener the chance to opt-out and read the book first if they wish. We greatly enjoyed the read and even if we don’t see eye to eye on much of the economics in this novel, we found the indulgence of literature a valuable endeavor to make more tangible some of the human aspects of economics — including the fear of collapse.***Lionel Shriver is the author of several prize-winning novels including the best-seller We Need To Talk About Kevin (2003) and A Perfectly Good Family (1996). Her novels typically tackle difficult societal problems. She is also a contributing journalist to publications such as The Economist and The New York Times.She joins BCG Chief Economist Philipp Carlsson-Szlezak in conversation to discuss her book, The Mandibles: A Family, 2029–2047, a riveting and dystopian take on the destructive potential of national

Mauro F. Guillén is Professor of International Management at the Wharton School. He served as Director of the Lauder Institute of Management & International Studies between 2007 and 2019.His new book, 2030: How Today’s Biggest Trends Will Collide and Reshape the Future of Everything, outlines eight interlocking trends that together will reshape society as we know it by 2030.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Guillén discusses these trends and the steps companies and leaders need to take in order to remain competitive in the future.***About the BCG Henderson InstituteThe BCG Henderson Institute is the Boston Consulting Group’s think tank, dedicated to exploring and developing valuable new insights from business, technology, economics, and science by embracing the powerful technology of ideas. The Institute engages leaders in provocative discussion and experimentation to expand the boundaries of business theory and practice and to translate innovative ideas from w

Judy Samuelson is executive director of the Aspen Institute Business and Society Program. She previously worked in legislative affairs in California, banking in New York’s garment center, and ran the Ford Foundation’s office of program-related investments.In her new book, The Six New Rules of Business: Creating Real Value in a Changing World, she explores how societal shifts in recent decades have upended the traditional rules of business, calling into question the business’s purpose and its role in society and offering new rules for how to make businesses successful in their new social contexts.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Samuelson discusses insights from her new book and emphasizes the role of business education in changing the business ecosystem for the better.***About the BCG Henderson InstituteThe BCG Henderson Institute is the Boston Consulting Group’s think tank, dedicated to exploring and developing valuable new insights from business, technology, eco

Luciano Pietronero is an Italian statistical physics and full professor at the department of physics at University of Rome Sapienza. He was the founder and director of the Institute of Complex Systems of CNR from 2004 to 2014. Luciano’s research activities have been on fundamental and applied problems in the areas of condensed matter theory, statistical physics, and complex systems. His most recent focus is on economic complexity. He is the author of about 400 papers in leading scientific journals, and he has been awarded the Enrico Fermi Prize, highest award of the Italian Physical Society, in 2008.In a conversation with Philipp Carlsson-Szlezak, BCG Chief Economist, Professor Pietronero discusses using the tools of physics to forecast long-term economic growth, the value and limitations of imposing the rigor of natural science on economics, and why he thinks that the study of nations’ “economic complexity”, a quantification of comparative advantage, is a better predictor of long-term economic growth than ex

There’s increasing dynamism and stress in business environments and we have “firestorms” ranging everywhere that could consume incumbent businesses at any time. According to Ian C. Woodward, V. “Paddy” Padmanabhan, Sameer Hasija, and Ram Charan, co-authors of The Phoenix Encounter Method, in order to avoid being disrupted, leaders need to go through “phoenix encounters”, in which they contemplate and execute their own disruption.Sameer Hasija, Professor of Technology and Operations Management at INSEAD recently discussed insights from the new book with Martin Reeves, Chairman of the BCG Henderson Institute.***About the BCG Henderson InstituteThe BCG Henderson Institute is the Boston Consulting Group’s think tank, dedicated to exploring and developing valuable new insights from business, technology, economics, and science by embracing the powerful technology of ideas. The Institute engages leaders in provocative discussion and experimentation to expand the boundaries of business theory and practice and to tran

Daniel Susskind is a Fellow in Economics at Balliol College, Oxford, and the author of A World Without Work (2020) and The Future of the Professions (2015). Previously he worked in the British Government as a policy adviser in the Prime Minister’s Strategy Unit, as a policy analyst in the Policy Unit in 10 Downing Street, and as a senior policy adviser in the Cabinet Office.In A World Without Work Susskind argues that technology will lead to structural technological unemployment sooner than many economists believe. This will pose a societal distribution challenge as labor markets will be a less effective way of distributing society’s income. The book makes concrete policy proposals to confront inequality and other challenges resulting from technology’s impact. In a conversation with Philipp Carlsson-Szlezak, BCG Chief Economist, Susskind discusses the drivers of technological unemployment, monopoly power, universal basic income, the future role of the state, as well as the personal implications for future gen

John Kay is one of Britain’s leading economists, and has been a Fellow of St John’s College, Oxford since 1970. His work is centered on the relationships between economics, finance, and business. Today his main focus is on writing and he is renowned for his ability to express complex ideas clearly and succinctly. He is the author of many books, including The Truth about Markets (2003) and Obliquity (2010).In his new book, Radical Uncertainty: Decision-Making Beyond the Numbers, co-authored with Mervyn King, he argues that models have only limited value in guiding business decision making. In a numerical world, decision making should be guided by developing and critically challenging reference narratives, to figure out “what’s going on here?”.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Kay discusses insights from his new book, epidemiology, the accuracy and applicability of models, and what leaders can do to break with prediction addiction.***About the BCG Henderson Institute

Georg Kell is the founding Executive Director of the United Nations Global Compact, the world’s largest voluntary corporate sustainability initiative and Chairman of Arabesque Partners.Kell, along with Herman Bril and Andreas Rasche, are the co-editors of Sustainable Investing: A path to a new horizon, a unique combination of perspectives from academics and practitioners on how corporate sustainability and sustainable investing are converging and driving change in markets.In a discussion with Martin Reeves, Chairman of the BCG Henderson Institute, Kell discusses the role of the corporate world and finance in making progress on sustainability, and shares his thoughts on how COVID-19 has impacted how we think about long-term challenges and resilience.***About the BCG Henderson InstituteThe BCG Henderson Institute is the Boston Consulting Group’s think tank, dedicated to exploring and developing valuable new insights from business, technology, economics, and science by embracing the powerful technology of ideas.

Loizos Heracleous is Professor of Strategy and Organisation at the Warwick Business School, and Associate Fellow of Green Templeton College and Saïd Business School.In his new book, Janus Strategy, he argues that organizations can accomplish strategies that seek to reach competing goals.Traditional strategy wisdom suggests that there are two generic strategies — differentiation and cost leadership. It is assumed to be impossible to combine both for a prolonged period of time, and those who try succeed only temporarily (in new markets that aren’t competitive yet) or fail at both. However, some organizations prove that it is possible to be a sustained cost leader whilst being differentiated or to explore while exploiting. Janus Strategy uses case studies to explore the six factors that make this possible.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Heracleous explains the mindset and moves leaders need to make their organization a Janus organization.***About the BCG Henderson I

Marc Levinson is an independent economist and historian. He is the author of The Box (2006) and several other books, a former finance and economics editor of The Economist, a former senior fellow of the Council on Foreign Relations, and a former sell-side analyst. His work has focused on trade, finance, globalization, and business.In his new book, Outside the Box, he argues that a fourth phase of globalization is underway, which will no longer be defined by cost optimization through shipping physical goods. Instead, the fourth globalization is about the spreading of ideas and services trade. In a conversation with Philipp Carlsson-Szlezak, BCG Chief Economist, he discusses the likely impact of this shift on inequality, inflation, the trade-off between efficiency and resilience, and the U.S.-China decoupling.***About the BCG Henderson InstituteThe BCG Henderson Institute is the Boston Consulting Group’s think tank, dedicated to exploring and developing valuable new insights from business, technology, economics

Rebecca Henderson is an economist, a professor at Harvard Business School, a research fellow at the National Bureau of Economic Research, and a fellow of both the British Academy and of the American Academy of Arts and Sciences. She is an expert on innovation and organizational change, a board member of Idexx Laboratories and of CERES.In her new book, Reimagining Capitalism in a World on Fire, she argues why and how we need to reimage capitalism if we want to solve today’s big issues. In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, she discusses the need to abandon the shareholder value maximization, and instead focus on how we can create balanced capitalism between businesses, governments, and civil society supported by the law and free media.***About the BCG Henderson InstituteThe BCG Henderson Institute is the Boston Consulting Group’s think tank, dedicated to exploring and developing valuable new insights from business, technology, economics, and science by embracing the pow

Michael Kearns is Professor and the National Center Chair in the Computer and Information Science department of the University of Pennsylvania, where he has secondary appointments in Economics and the Wharton School. He has published widely in machine learning, artificial intelligence, algorithmic game theory, and quantitative finance.His latest book, The Ethical Algorithm: The Science of Socially Aware Algorithm Design, co-authored with University of Pennsylvania colleague Aaron Roth, explores the interplay between societal values and the expanding role of algorithms in our everyday lives. In a discussion with Martin Reeves, Chairman of the BCG Henderson Institute, Professor Kearns discusses how algorithms work, where and why they fall short, design choices to consider to overcome these challenges, accountability, and why algorithms should be on the CEOs’ agenda.***About the BCG Henderson InstituteThe BCG Henderson Institute is the Boston Consulting Group's think tank, dedicated to exploring and developing v

Thomas Wedell-Wedellsborg is a Harvard Business Press author and an expert on innovation and problem-solving. His first book, “Innovation as Usual”, coauthored with Paddy Miller, was translated into five languages and got Thomas recognized as a “Top 20 International Thinker” by HR Magazine.His new book, What’s Your Problem?: To Solve Your Toughest Problems, Change the Problems You Solve focuses on how leaders can solve the right problems. In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Wedell-Wedellsborg says that 85% of companies he surveyed for his book don’t consider themselves to be good at framing problems correctly. The good news: according to his research, you can learn how to get better at solving the right problems.***About the BCG Henderson InstituteThe BCG Henderson Institute is the Boston Consulting Group's think tank, dedicated to exploring and developing valuable new insights from business, technology, economics, and science by embracing the powerful technology of