In Big Bet Leadership: Your Transformation Playbook for Winning in the Hyper-Digital Era, John Rossman provides a playbook for becoming an innovation and transformation winner.Rossman was previously an executive at Amazon, responsible for launching their Marketplace business. Now, he is the managing partner of Rossman Partners, advising leading enterprises on large-scale change, and author of the best-selling books The Amazon Way and Think Like Amazon. In his latest book, he examines why high-stakes change efforts fail and how to frame and manage them more effectively. Companies need to think in terms of “big bets,” which will require executives to adopt the right mindset, tactical steps, and leadership habits.In his conversation with Martin Reeves, chairman of the BCG Henderson Institute, Rossman explains why we need to work in prose, not in PowerPoint; how to think big, while betting small; and how to make the critical decisions to “continue, pivot, or kill” a project.Key topics discussed: 01:19 | What makes a “big bet”04:10 | Thinking in outcomes06:49 | Prose over PowerPoint12:51 | Thinking big, but betting small16:21 | Thinking in systems19:21 | How to decide to “continue, pivot, or kill” – and avoid confusion22:45 | Where “big bet” thinking can be appliedAdditional inspirations from John Rossman:The Amazon Way: Amazon's 14 Leadership Principles (Clyde Hill Publishing, 2021)Think Like Amazon: 50 1/2 Ideas to Become a Digital Leader (McGraw Hill, 2019)This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In Critical Systems Thinking: A Practitioner's Guide, Michael C. Jackson emphasizes the need for integrating diverse systems methodologies to navigate complexity and uncertainty.Jackson, an emeritus professor of management systems and former dean of the University of Hull Business School, has also served as president of several prominent systems thinking organizations, including the UK Systems Society, the International Federation for Systems Research, and the International Society for the Systems Sciences. His most significant contribution to the field is his development of Critical Systems Thinking (CST), which emphasizes the combined use of different systems approaches to deal with the complexity that leaders face.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Jackson introduces the EPIC process (Explore, Produce, Intervene, and Check), a four-stage, sequential framework to help leaders deploy systems methodologies. Their discussion includes how different systems perspectives can be combined, how theory informs interventions, how organizations are embracing system thinking, barriers to adoption, and the relevance of systems thinking to today’s business environment.Key topics discussed:2:40 | What systems thinking can offer the traditional MBA toolkit5:20 | Systems thinking in contemporary business scenarios6:37 | The EPIC process: Explore, Produce, Intervene, and Check16:52 | Characteristic tools of systems thinking17:34 | The five lenses of systems thinking21:54 | Advancing the agenda of systems thinkingAdditional inspirations from Michael C. Jackson:Systems Thinking: Creative Holism for Managers (John Wiley & Sons, 2023)Systems Approaches to Management (Springer, 2000)Critical Systems Thinking and the Management of Complexity (Wiley, 2019)Creative Problem Solving: Total Systems Intervention (Wiley, 1991)This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

There is no shortage of technologists touting the promise of AI, but the frontier of AI fervor is a noted philosopher who thinks the economy could double every few months—and that space colonization by self-replicating machines may not be hundreds of years away.Enter Nick Bostrom, who previously authored the 2014 bestseller Superintelligence about the dangers of AI, and now considers what can go right with AI in his new book Deep Utopia. Bostrom was formerly a professor at Oxford University, and currently principal researcher of the Macrostrategy Research Initiative.In this episode, he joins Philipp Carlsson-Szlezak, Chief Economist of BCG, who is skeptical of AI narratives and thinks technology’s economic impact has long-lagged expectations. They discuss different takes on the likely size and speed of AI’s impact on the macroeconomy, and why they disagree about the prospect of tech-driven mass unemployment. Bostrom also explains key themes from Deep Utopia, including stages of utopia, “shallow and deep” redundancy, implications for policy, as well as the unique rhetorical style of the book.Key topics discussed: 01:45 | Is tech jumping ahead or behind schedule?03:24 | Is Deep Utopia really a book about AI or about philosophy?04:39 | Technological unemployment: Real or fallacious10:54 | Taxonomy of utopia13:59 | What about public policy, such as UBI?15:47 | Concept of shallow and deep redundancy18:50 | Concept of “interestingness”21:07 | Rhetorical style of book23:29 | AI regulation and policyAdditional inspirations from Nick Bostrom:Superintelligence: Paths, Dangers, Strategies (Oxford University Press, 2014)This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In The Great Disconnect: Hopes and Fears After the Excess of Globalization, Marco Magnani explores the factors that are driving the crisis of globalization we are currently experiencing.Magnani teaches international economics at LUISS University in Rome and Università Cattolica in Milan. Previously, he was a senior research fellow at the Harvard Kennedy School of Government and worked in investment banking for two decades. In his new book, he discusses the history of internationalization and the benefits that modern globalization has brought—as well as the drawbacks that have become increasingly apparent.Together with Martin Reeves, Chairman of the BCG Henderson Institute, Magnani discusses the causes of the increasing global disconnect—beyond U.S.-China tensions. He also lays out four scenarios for how globalization may play out, as well as practical tips for how executives can prepare for these different futures in a time of deep uncertainty.Key topics discussed: 01:19 | The great disconnect04:13 | The benefits and downsides of modern globalization07:21 | Future scenarios for globalization13:28 | What the history of internationalization reveals about where we are heading15:25 | Implications of AI for globalization16:33 | How globalization or de-globalization might play out in practice21:10 | Implications for businessesAdditional inspirations from Marco Magnani:Making the Global Economy Work for Everyone: Lessons of Sustainability from the Tech Revolution and the Pandemic (Palgrave Macmillan, 2022)Creating Economic Growth: Lessons for Europe (Palgrave Macmillan, 2014)This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In Assembling Tomorrow: A Guide to Designing a Thriving Future, Carissa Carter and Scott Doorley explore the intangible forces that make it hard to anticipate how new technologies create impact and what we can do about this challenge during the design process for new applications.Carter is the Director of Teaching and Learning at the Hasso Plattner Institute of Design at Stanford – also known as the Stanford d.school. Doorley is a Creative Director at the d.school, having previously worked in the film industry for more than a decade.Together with Martin Reeves, Chairman of the BCG Henderson Institute, they discuss how designers, technologists, and corporate leaders can more effectively harness transformative technologies like AI and artificial biology by giving more weight to non-technical factors like emotions, perceptions, imagination, and serendipity.Key topics discussed: 01:23 | The problem of runaway design03:16 | The forces that make technology impact unpredictable09:17 | The role of emotions in design11:59 | Why we are not thinking about unpredictability in designing technologies15:17 | Potential solutions to new design problems22:22 | Applying these solutions to AI24:20 | Implications for businessesAdditional inspirations from Scott Doorley: Make Space: How to Set the Stage for Creative Collaboration (Wiley, 2011)Additional inspirations from Carissa Carter:The Secret Language of Maps: How to Tell Visual Stories with Data (Ten Speed Press, 2022)This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In How to Become Famous: Lost Einsteins, Forgotten Superstars, and How the Beatles Came to Be, Cass Sunstein reveals why some individuals become celebrities—and others don’t.Sunstein has long been at the forefront of behavioral economics. He is the Robert Walmsley University Professor at Harvard Law School and served as the administrator of the White House Office of Information and Regulatory Affairs in the Obama administration. He has authored numerous best sellers, such as Nudge and The World According to Star Wars. In his new book, he explores the roles played by skill, luck, and social processes in the achievement of fame and success—based on recent research on informational cascades, reputation cascades, network effects, and group polarization.Together with Martin Reeves, Chairman of the BCG Henderson Institute, Sunstein discusses how a better understanding of these mechanisms can help businesses make better decisions in marketing, talent management, and innovation - and why the greatest composer of all time may not be J S Bach, but rather Taylor Swift.Key topics discussed: 03:18 | How to prove whether or not fame is driven by merit06:08 | The importance of quality and skill to fame09:33 | Enduring vs. transient fame11:36 | The greatest composers of all time: Bach vs. Taylor Swift14:44 | Social factors driving fame19:54 | The role of group polarization and network effects28:48 | Implications for businesses: Marketing, talent, innovation33:19 | The art of manipulating information cascadesAdditional inspirations from Cass Sunstein:Thinkers & Ideas: Look Again with Cass SunsteinLook Again: The Power of Noticing What Was Always There; with Tali Sharot (Atria/One Signal Publishers, 2024)Nudge; with Richard Thaler (Penguin Books,...

In The Ritual Effect: From Habit to Ritual, Harness the Surprising Power of Everyday Actions, Michael Norton explores how the little things we do can create big impact.Norton is the Harold M. Brierley Professor of Business Administration at Harvard Business School, where he also leads the unit for negotiation, organization, and markets. A well known and respected researcher on behavioral economics and well-being, his new book demonstrates the power of small acts—and how a subtle shift of turning habits into rituals can add purpose and pleasure to life.Together with Martin Reeves, Chairman of the BCG Henderson Institute, Norton discusses how we can use rituals deliberately and effectively in our life and work, why it is important that rituals evolve over time, and how COVID changed our rituals as individuals and as teams.Key topics discussed: 00:52 | Ritual vs. habit03:39 | The power (and pitfalls) of rituals07:08 | Deliberately using rituals (in private life and the workplace)13:41 | The importance of evolving rituals18:22 | How COVID changed our rituals21:20 | How CEOs can harness the power of ritualsAdditional inspirations from Michael Norton: Happy Money: The Science of Smarter Spending co-authored by Elizabeth Dunn (Simon & Schuster, 2013)How to Buy Happiness (TED Talk, 2012)This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In Survive, Reset, Thrive: Leading Breakthrough Growth Strategy in Volatile Times, Rebecca Homkes guides leaders on how to turn uncertainty into opportunity.Homkes teaches business strategy at the London Business School, is on the faculty of Duke Corporate Education, and consults major companies on strategy. She has developed a framework for leading through uncertainty based on three principles: setting up the firm for continuity through shocks (survive), making strategic choices for growth as the situation changes (reset), and ensuring implementation of the new business model (thrive).Together with Martin Reeves, Chairman of the BCG Henderson Institute, Homkes discusses how to thrive under uncertainty and how her framework applies in the context of the AI revolution.Key topics discussed: 02:11 | How uncertainty affects strategy03:40 | The survive, reset, thrive framework05:20 | How to survive a shock09:20 | How to reset for a new environment14:42 | How to execute so you can thrive in the long term19:12 | The creative vs. competitive aspects of strategy24:11 | How algorithms and AI will affect strategy and the strategy process27:49 | Applying this framework in your personal lifeThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

At the BCG Henderson Institute, we aim to bring forward-looking leaders the ideas and inspirations that will shape their next game. To honor this mission—and celebrate the 100th episode of our Thinkers & Ideas podcast—we welcomed three leading futurists to discuss the evolution of business and society.Rita McGrath is a professor of management at Columbia Business School, and has been ranked among the top 10 management thinkers globally by Thinkers50 for years. Gary Shteyngart, a professor of writing at Columbia University is also a New York Times bestselling author of science fiction novels. Esther Dyson, founder of Wellville, is an investor, writer, and expert on all things tech, space, and health.Together with Martin Reeves, Chairman of the BCG Henderson Institute, they discuss their complementary perspectives on the future. They also divulge their methods for making predictions, providing valuable hints for how business leaders can use similar approaches to shape their perspectives and strategies.Key topics discussed: 02:06 | Revisiting past predictions about the future05:08 | The digital age08:16 | Social media and a technology-centred society12:47 | Methods for sensing the future”17:23 | Harnessing the power of science fiction22:31 | Using metaphors24:41 | Bringing together these future-sensing methods31:07 | Predictions about what is coming nextAdditional inspirations from Rita McGrath, Gary Shteyngart, and Esther Dyson:Seeing Around Corners: How to Spot Inflection Points in Business Before They Happen By Rita McGrath(Harper Business, 2019)Super Sad True Love Story: A Novel By Gary Shteyngart (Random House Trade Paperbacks, 2011)Release 2.0: A Design for Living in the Digital Age By Esther Dyson (Broadway, 1997)This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In Look Again: The Power of Noticing What Was Always There, Cass Sunstein, together with his co-author Tali Sharot, discusses the importance of reevaluating the familiar to discover new insights.Sunstein has long been at the forefront of behavioral economics. He is the Robert Walmsley University Professor at Harvard Law School and served as the administrator of the White House Office of Information and Regulatory Affairs in the Obama administration. He has authored numerous best sellers, such as Nudge and The World According to Star Wars., In his new book, he explores the effects of habituation—ceasing to notice the familiar.Together with Martin Reeves, Chairman of the BCG Henderson Institute, Sunstein discusses the perils of habituation and how to see the unseen. He also identifies ways that company leaders can strategically avoid habituation to ensure their organizations do not get stuck in mental models that limit adaptability to new trends and challenges.Key topics discussed: 01:09 | How habituation works04:25 | What dishabituation is08:18 | How to see the unseen13:51 | How corporations should think about (dis-)habituation22:08 | Breaking free from a mental model24:21 | Personal strategies for dishabituationAdditional inspirations from Cass Sunstein:Noise: A Flaw in Human Judgment; co-authored by Daniel Kahneman and Olivier Sibony (Little Brown Spark, 2021)The World According to Star Wars (Dey Street Books, 2016)Nudge: Improving Decisions About Health, Wealth, and Happiness; co-authored by Richard Thaler (Penguin Books, 2009)This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In Why We Die: The New Science of Ageing and the Quest for Immortality, Venki Ramakrishnan explores the current research on and prospects for human longevity.Ramakrishnan leads a group at the MRC Laboratory of Molecular Biology in Cambridge, England. For his research on the structure and function of ribosomes, he won the 2009 Nobel Prize in Chemistry. From 2015 to 2020, he served as president of the Royal Society. In his new book, Ramakrishnan explains the mechanisms of aging and their potential impacts on life expectancy, health span, and lifespan.Together with Martin Reeves, Chairman of the BCG Henderson Institute, Ramakrishnan discusses the likely social, economic, and ethical implications of increasing longevity as well as the specific efforts researchers are making to prolong healthy life—and how close they are to achieving a breakthrough. He shines a light on a set of technologies which could be every bit as impactful as artificial intelligence, which therefore also deserve our attention.Key topics discussed: 02:28 | Life expectancy vs. health span vs. maximum lifespan08:21 | Mechanisms of aging13:25 | Potential interventions for promoting longevity18:27 | How close are we to a longevity breakthrough?24:02 | Societal and ethical implications28:48 | The art of communicating complex ideaAdditional inspirations from Venki Ramakrishnan:The Most Promising Ways to Stop Ageing (New Scientist Interview, 2024)The Story of Deciphering the Ribosome (The Royal Society Talk, 2020)Gene Machine: The Race to Decipher the Secrets of the Ribosome (Basic Books, 2018)This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In Making Sense of Chaos: A better economics for a better world, J. Doyne Farmer challenges traditional economic models, which rely on simplistic assumptions and fail to provide accurate predictions.Farmer, a complex systems scientist at the University of Oxford and the Santa Fe Institute, argues that with technological advances in data science and computing, we are now able to apply complex systems thinking to build models that more accurately capture reality and enable us to make better predictions about the economy.Together with Martin Reeves, Chairman of the BCG Henderson Institute, Farmer discusses the limitations of standard models of economics as well as the consequences of such limitations. He proposes an alternative based on complex systems thinking and agent-based modeling—and describes how it can be applied in various fields, including business.Key topics discussed: 01:42 | Limitations of the standard model of economics04:44 | How complex systems thinking works09:01 | Consequences of using inadequate economic models12:44 | Agent-based modeling as a powerful alternative19:02 | Leveraging alternative modeling techniques in business24:59 | How CEOs can start embracing complexity thinkingThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In Co-Intelligence: Living and Working with AI, Ethan Mollick explains how to engage with AI as a co-worker, a co-teacher, and a coach.Mollick is a professor of management at the Wharton School of Business at the University of Pennsylvania, where he studies and teaches innovation and entrepreneurship. In his new book, he discusses the profound impacts AI will have on business and education, using many examples of AI in action. His book challenges us to utilize AI’s enormous power without losing our human identity, to learn from it without being misled, and to harness its gifts to create a better human future.Together with Martin Reeves, chairman of the BCG Henderson Institute, Mollick discusses how to train people to use AI effectively, whether AI will substitute or complement workers, and how businesses can move beyond a short-term efficiency gains perspective to generate value with AI in the long term. Key topics discussed: 02:27 | The four rules for living with AI09:04 | Educating people to use AI effectively10:47 | What experiments reveal about where AI adds (and destroys) value at work12:45 | Substituting (vs. complementing) workers with AI14:14 | Generating value with AI in the long-term17:10 | Bringing about the social change in organizations alongside the tech change20:48 | AI regulation27:18 | How AI will transform educationAdditional inspirations from Ethan Mollick:One Useful Thing (Substack)The Unicorn’s Shadow: Combating the Dangerous Myths That Hold Back Startups, Founders, and Investors (Wharton School Press, 2020)Changing the Game: How Video Games Are Transforming the Future of Business - Co-authored by David Edery (FT Press, 2008)This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In The Intelligence of Intuition, Gerd Gigerenzer challenges a commonly held view of intuition—namely, that it is somehow inferior to logical rationality.Gigerenzer is director of the Harding Center for Risk Literacy at the University of Potsdam, director emeritus of the Center for Adaptive Behavior and Cognition at the Max Planck Institute for Human Development, and an expert on human decision-making. He argues that intuition is a form of unconscious intelligence shaped experience and evolution in dealing with uncertain and dynamic situations—situations for which logic and algorithms are often ill-fitted. As leaders deal with uncertainty and complexity and embrace new AI technologies, they must not forget the power of intuition.Together with Martin Reeves, Chairman of the BCG Henderson Institute, Gigerenzer explores the power of intuition, when to use it in business, and how to cultivate and employ it.Key topics discussed: 01:23 | Difference between intuition and rationality04:49 | Role of heuristics06:29 | Why intuition is often looked down upon08:06 | Power of intuition15:21 | How to use intuition in business18:45 | Distinguishing right intuition from wrong intuition25:12 | Considering how AI use intuitionAdditional inspirations from Gerd Gigerenzer:How to Stay Smart in a Smart World: Why Human Intelligence Still Beats Algorithms (The MIT Press, 2022)Gut Feelings: The Intelligence of the Unconscious (Penguin Books, 2008)Calculated Risks: How to Know When Numbers Deceive You (Simon & Schuster, 2003)This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In Climate Capitalism: Winning the Global Race to Zero Emissions, Akshat Rathi tells the stories of people around the world who are building impactful solutions to tackle climate change.Rathi is a senior reporter for Bloomberg News, focusing on climate and energy. He also hosts the weekly Zero podcast, in which he talks to the people leading the fight for a zero-emissions future. In his new book, Rathi argues that the best way to cut carbon pollution is by harnessing capitalism. Combating climate change requires a combination of smart policies, financing, technological innovations, and leadership—without killing markets or competition.Together with Martin Reeves, Chairman of the BCG Henderson Institute, Rathi discusses the essence of climate capitalism, how to scale up individual success stories, and how to navigate the challenging political context. Key topics discussed: 02:09 | Definition of climate capitalism07:19 | Success stories: Chinese EVs, Orsted11:31 | The need to combine tech, policies, and finance12:52 | How to scale case studies to big solutions16:24 | Navigating a polarized political context18:45 | Making climate solutions profitable24:06 | Where CEOs should startThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In Slow Down: The Degrowth Manifesto, Kohei Saito explores the relationship between capitalism and the climate crisis. He argues, controversially, that to have any chance of achieving true sustainability, we must move to a system which deemphasizes growth, adopts different metrics of progress, expands the commons, and places value on goods and services which are not currently considered as part of the economy, like caregiving and nature.Saito is an associate professor of philosophy at the University of Tokyo and a recipient of the Japan Society for the Promotion of Science prize, which is awarded to the top scholar in Japan under the age of 45. His book, published previously in Japan, became an unexpected bestseller, shipping more than half a million copies to date.Together with Martin Reeves, Chairman of BCG Henderson Institute, Saito discusses the arguments for fundamental economic system change, explores the feasibility of less radical alternatives, and assesses implications for business leaders. The book’s propositions will likely seem very radical to many of our business listeners—but as Saito notes, sometimes utopian ideas can be a stimulus for generating new thinking for complex intractable topics like climate change.Key topics discussed:  01:50 | Defining the problem and the need for system-level change06:21 | The relation between capitalism and technological progress08:41 | Exploring alternative, less radical solutions13:32 | The need for a new measurement of economic and social progress17:08 | The feasibility of a transition to a new system21:41 | Implications for business leaders25:35 | Reasons to remain hopefulThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In Higher Ground: How Businesses Can Do the Right Thing in a Turbulent World, Alison Taylor explores how companies can navigate the complexity of modern business ethics.Taylor, a clinical associate professor at NYU Stern, has spent decades advising large multinational companies on risk, corruption, sustainability, and organizational culture. In her new book, she combines her experience with vivid case studies to guide companies toward reaching what she describes as the “higher ground”—a space where companies can act ethically and achieve long-term strategic advantage.Together with Martin Reeves, Chairman of BCG Henderson Institute, Taylor discusses why good governance is now more important than ever, how leaders can navigate a polarized political landscape, and how businesses can build trust.Key topics discussed: 02:44 | The rising importance of internal governance06:10 | Common traps of internal governance07:55 | Best practices for deploying purpose10:53 | Businesses taking political stances14:58 | Importance of trust and traps in pursuing it17:12 | Solutions for businesses to pursue24:15 | How to apply these lessons in your own workThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In The Friction Project: How Smart Leaders Make the Right Things Easier and the Wrong Things Harder, Bob Sutton and Huggy Rao share insights on friction—the forces that make it harder, slower, more complicated, or even impossible to get things done in organizations.Sutton is an expert on organizational psychology at Stanford University and a best-selling author. His latest book is a culmination of a seven-year research effort on how effective organizations function without driving employees and customers crazy.Together with Martin Reeves, Chairman of BCG Henderson Institute, Sutton explores what friction is, where it comes from, and its effects - both positive and negative. They discuss the practical steps leaders and employees can take to remove and add friction in the right places. They also discuss broader implications, like whether the nature and consequences of friction will change in a world increasingly characterized by machine-machine and machine-human, rather than only human-human interactions.Key topics discussed:00:54 | What is organizational friction04:30 | The negative consequences of friction08:42 | What does good friction look like?14:14 | How to remove friction17:22 | What creates friction19:11 | Removing friction and creating problems22:04 | Is friction less problematic in a world of AI?25:26 | How can ideas about friction be applied in academia?This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In Permacrisis: A Plan to Fix a Fractured World, Mohamed El-Erian and Michael Spence, along with their coauthors, Gordon Brown and Reid Lidow, consider how we’ve arrived at this state of constant instability and insecurity—and suggest concrete ways to break the cycle.Mohamed El-Erian, president of Queens’ College Cambridge University, was previously the chair of President Obama’s Global Development Council, a Deputy Director at the International Monetary Fund, and CEO and co-CIO of PIMCO.Michael Spence, a senior fellow at the Hoover Institution and the Philip H. Knight Professor and dean, emeritus, at Stanford Graduate School of Business, was awarded the 2001 Nobel Memorial Prize in Economic Sciences.Together with Martin Reeves, the Chairman of the BCG Henderson Institute, El-Erian and Spence discuss new approaches to thinking about growth, economic management, and managing a global order, as well as how leaders could unlock the full potential of technologies that could drive growth, and ensure that the benefits of technological advancements, like AI, are widely distributed to avoid exacerbating national tensions.Key topics discussed: 01:59 | Defining permacrisis08:58 | The essence of how we need to think differently about growth and value10:32 | Unlocking the full potential of technologies that could drive growth14:09 | How to ensure that the benefits of technological advancements, like AI, are widely distributed to avoid exacerbating national tensions19:40 | Anticipating or managing similar crises (COVID-19) in the future25:15 | Reforming multilateral institutionsThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In The Worlds I See, Dr. Fei-Fei Li provides a personal and deeply insightful depiction of two convergent journeys. One describes her own life and career; Li immigrated to the U.S. from China at age 15, and within a few years had launched into research in computer vision and AI. The other is a history of AI, which has involved many breakthroughs over the past 70 years, culminating in a technology that is now changing life and business.Li is one of the world’s foremost experts on AI and was named by Time magazine as one of the top 25 most influential thinkers in AI in 2023. She previously served as Google’s chief AI and machine learning scientist.Together with Martin Reeves, Chairman of BCG Henderson Institute, Li discusses critical inflection points in the history of AI, emerging AI technologies businesses must be aware of, and what implications AI will have for competitive advantage.Key topics discussed: 01:19 | Is our education system fit for the future?07:13 | What were the key milestones in the history of AI?11:48 | Which emerging AI technologies do businesses need to be aware of?13:38 | How should we be thinking about ethical issues surrounding AI?20:39 | How will AI transform business? Where will it create competitive advantage?This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In his new book The Secret of Culture Change: How To Build Authentic Stories That Transform Your Organization, Jay Bryan Barney discusses why changing company culture is sometimes necessary but always challenging—and how the power of stories can help leaders mobilize their employees around a new strategy.Jay Barney, a professor of strategic management and the Pierre Lassonde Chair of Social Entrepreneurship at the University of Utah’s David Eccles School of Business, is one of the world’s leading strategists and the father of so-called resource-based competition.Together with Martin Reeves, Chairman of the BCG Henderson Institute, Barney explores the connections between the realms of strategy and culture—discussing the power of stories to change culture and support a new strategy, and identifying the key characteristics of great stories and story-making, such as being authentic and putting the leader at the heart of the narrative.Key topics discussed: 01:10 | How do you define culture and why do we sometimes need to change it?03:31 | What are some examples of successful culture change?08:01 | What are the key characteristics of culture-changing stories?16:33 | How do leaders navigate social/political “culture wars” in their own culture?22:20 | Are stories and culture change something that can be shaped or are they emergent?25:40 | How do stories and culture change apply to a business school setting?This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In The Geek Way: The Radical Mindset that Drives Extraordinary Results, Andrew McAfee describes how a new approach to corporate culture based on science, ownership, speed, and openness, is driving value creation in the 21st century.McAfee is an expert on how technological progress changes the world, being named to both the Thinkers50 list of top management thinkers and the Politico 50 group of people transforming American politics. In his new book, he outlines how the giants of Silicon Valley found success not just because they are at the center of the digital technology revolution, but also because they are revolutionizing the way business is done—what McAfee describes as the “geek way.”.Together with Martin Reeves, Chairman of BCG Henderson Institute, McAfee explores the core tenets of a corporate culture that embraces the “geek way” and explains why it works, drawing on insights from the science of cultural evolution. They also discuss how traditional, non-tech firms can embrace this new culture and operating system.Key topics discussed:02:12 | What are the core tenets of the “geek way”?08:55 | How could these tenets be applied to any businesses?11:31 | How can we overcome the limitations of the “geek way” (e.g., negative corporate culture aspects, retaining culture as a firm grows)?15:05 | Is the “geek way” unique to American firms? What can we learn from the Chinese tech sector?17:46 | What is the role of strategy in a “geek way” company?20:11 | How might the “geek way” culture change in the future, given new challenges (e.g., elevated costs of capital)?23:01 | What are the first steps a CEO should take to establish the “geek way” in their firm?Additional inspirations from Andrew McAfee:More From Less: How we Finally Stopped Using Up The World - And What Happens Next (Simon & Schuster UK, 2019)Machine, Platform, Crowd: Harnessing Our Digital Future (Brilliance Audio, 2017)The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies (Brilliance Audio, 2014)Race Against the Machine: How the Digital Revolution is Accelerating Innovation, Driving Productivity, and Irreversibly Transforming Employment and the Economy (Digital Frontier Press, 2012)This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In Head & Heart: The Art of Modern Leadership, Dr. Kirstin Ferguson provides a practical guide to balancing the rational and emotional components of leadership.Ferguson is an expert on leadership, an experienced leader in the private and public sectors, and a longtime advocate of gender equity. In her new book, she identifies the key attributes of a “head and heart” leader, providing people with the tools to reflect on and adapt their own approach to each situation. She combines vivid stories and extensive research to inspire her readers to become better, more authentic, modern leaders.Together with Martin Reeves, Chairman of BCG Henderson Institute, Ferguson discusses the evolution of leadership thinking, what makes a “head and heart” leader, and how leaders can improve their effectiveness and adaptability. They also reflect on how leadership, and particularly the “heart” attributes, will be more crucial than ever with the rise of AI in the workplace.Key topics discussed:02:36 | How has thinking on leadership evolved?06:05 | What are the attributes of a “head and heart” leader?08:25 | How can you improve your “head and heart” leadership attributes?18:24 | Are leaders aging, and is there a need to make space for younger talents?20:05 | How might AI change the art of leadership?Additional inspirations from Dr. Kirstin Ferguson:Certain Uncertainty: Leading with Agility and Resilience in an Unpredictable World (Wiley, 2023)Women Kind: Unlocking the Power of Women Supporting Women (Murdoch Books, 2019)Got a Minute? (Weekly column, The Sydney Morning Herald)This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In How to Work with (Almost) Anyone, Michael Bungay Stanier outlines how to set up working relationships for the best chance of success—by following a process of thorough preparation, a keystone conversation, and regular maintenance.Bungay Stanier, founder of coaching firm Box of Crayons, is a world-renowned thought leader on coaching and author of the best-selling coaching book, The Coaching Habit. In his most recent book, he focuses on relationship-building, providing readers with processes and principles, as well as exercises and ample practical advice to sharpen their skills.Together with Martin Reeves, Chairman of the BCG Henderson Institute, Bungay Stanier discusses how to build the “best possible relationship” and how to maintain and repair it over time. Moreover, they assess how to create a corporate culture conducive to these relationships, and how to make these relationships work in a hybrid or remote setting.Key topics discussed:01:22 | How to make difficult relationships more workable03:39 | Definition of a “best possible relationship” and how to build it05:54 | How to have a keystone conversation12:26 | The impact of corporate culture and different personality types15:44 | How to maintain and repair relationships20:42 | The implications of hybrid and remote work22:31 | How leaders can apply these lessons in their organizationsThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In his new book, Big Bets: How Large-Scale Change Really Happens, Rajiv Shah, President of the Rockefeller Foundation recounts his experiences and lessons learned over decades of effecting large-scale social change. He shares how addressing humanity’s thorniest challenges requires a big bets mindset – pushing to solve, rather than merely improve, problems; and going for “big enough”, rather than settling for “good enough”.Prior to his current role, Shah was the Administrator of USAID and a Director at the Bill & Melinda Gates Foundation. He successfully led many transformative change efforts around the globe – including advancing the immunization of children, fighting against hunger and energy poverty, and providing relief for humanitarian disasters.Together with Martin Reeves, Chairman of BCG Henderson Institute, Shah discusses insights from his new book, including a mindset he sees crucial to making change possible, the need for public-private partnerships, and the role of businesses in addressing social and environmental issues. The conversation also touches on the importance of continuous experimentation, the involvement of younger leaders in change projects, and the challenges of planning in complex and unpredictable situations.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In his new book,  Mixed Signals: How Incentives Really Work,  Uri Gneezy explains why leaders often create incentives that are misaligned with their organization’s goals.Gneezy, the Epstein/Atkinson Chair in Management Leadership at UC San Diego’s Rady School of Management, is one of the world’s leading experts in behavioral economics, and his insights have become a staple in courses around the world. He teaches managers how to be incentive-smart—how to avoid mixed signals and design incentives that are simple, effective, and ethical.Together with Martin Reeves, Chairman of BCG Henderson Institute, Gneezy discusses how incentives work, and how we can apply them in the workplace to change habits and spark innovation—he explains why, counterintuitively, successful organizations and initiatives may actually have a greater need to examine their incentives than unsuccessful ones.Key topics discussed:01:11 | How incentives send signals02:08 | Incentives in the workplace09:14 | Incentivizing innovation12:29 | Understanding the use and limitation of incentives18:22 | Changing habitsThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In his new book, The Coming Wave: Technology, Power, and The Twenty-First Century’s Greatest Dilemma, Mustafa Suleyman discusses the new technologies that will transform society—chief among them AI and synthetic biology.Suleyman is a renowned thought leader on this topic, having co-founded Inflection AI and DeepMind, and having served as VP of AI product management and AI policy at Google.Together with Martin Reeves, Chairman of BCG Henderson Institute, Suleyman discusses the threats and opportunities posed by AI and synthetic biology, whether and how they will confer competitive advantage, and how governments and companies can collaborate to contain their negative effects while ensuring that society reaps their benefits.Key topics discussed:01:28 | The threats of the coming wave of technologies06:43 | A modern Turing Test for AI10:14 | The competitive advantage conferred by AI15:25 | The benefits and limitations of AI18:34 | Containing the next wave of technologies22:09 | Potential regulatory interventions23:46 | Motivations for writing the bookThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In her forthcoming book, Right Kind of Wrong: The Science of Failing Well, Amy Edmondson offers a new framework to think about, discuss, and practice failure wisely, using human fallibility as a tool for making ourselves and our organizations smarter.Amy Edmondson is the Novartis Professor of Leadership and Management at the Harvard Business School and the author of seven books, including The Fearless Organization, which has been translated into more than 15 languages. She was ranked number one on the 2021 Thinkers50 list, a ranking of the world’s most influential management thinkers.Together with Martin Reeves, Chairman of the BCG Henderson Institute, Edmondson discusses the distinctions that can help us separate good failure from bad, strategies to decrease the cost of learning, as well as practical actions for leaders to establish a culture where intelligent failure is predominant.Key topics discussed: 1:13 | The distinction between failing well and failing badly9:36 | How to avoid the "illusion of knowing" and mistaking a mental model for a fact12:02 | Institutional and leadership-level moves to create an environment where intelligent failure is predominant18:27 | How to decrease the cost of learning19:42 | Can AI help to analyze the potential for failure or identify learnable lessons and failure patterns?This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In The Perennials: The Megatrends Creating a Postgenerational Society, Mauro Guillén argues that the traditional, sequential model of life—childhood, education, career, and retirement—is being rendered obsolete.Guillén, a professor of management at the Wharton School of the University of Pennsylvania, is one of the world’s foremost experts on global megatrends. In his most recent book, he focuses on the combination of rapid technological progress, increasing life as well as health spans, and declining fertility rates—which, together, are creating a society in which arbitrary definitions of generations, based on chronological age, are no longer appropriate.Together with Martin Reeves, Chairman of BCG Henderson Institute, Guillén discusses the shortcomings of the sequential model of life and what the new, post-generational society will look like. He also highlights implications for businesses, which will need to adapt their marketing practices to changing patterns in consumption and harness the benefits of intergenerational collaboration in their workforces.Key topics discussed: 01:51 | The sequential model of life and its shortcomings04:17 | The post-generational society and the trends creating it07:31 | Implications for corporations14:13 | How CEOs can prepare for a society of perennials17:14 | Implications for academic institutionsThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In his new book Power and Progress, Simon Johnson, along with his co-author Daron Acemoglu, challenges the techno-optimistic narrative that technological progress will automatically lead to shared prosperity.Johnson, a professor at the MIT Sloan School of Management, takes us through a millennium of technological progress to show how the gains from advancements such as the agricultural and early industrial revolutions tended to benefit a narrow segment of interests. While technology can enable the kind of equitable growth that is heralded by techno-optimists, this requires an environment that mitigates the natural power imbalance between workers and owners of technology through regulation, labor organizations, and an active civic society. As we stand on the brink of a new wave of innovation from AI, it’s critical that we learn from the history of economic progress to ensure that this time, the gains are shared broadly in society.In this episode of our Thinkers & Ideas podcast, Johnson joins BCG Henderson Institute Chairman Martin Reeves to discuss the incentives for corporate leaders to create technology directed at equitable growth, the potential impact of AI on society, and the effectiveness of government policies aimed at fostering shared prosperity.Key topics discussed: 01:19 | Motivation for the book02:03 | Progress and shared prosperity07:29 | Effectiveness of redistribution09:43 | Directing innovation toward social good16:42 | The impact of AI20:39 | Role of corporate leaders and investors in directing technologyThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In his new book, LOOK: How to Pay Attention in a Distracted World, Christian Madsbjerg explores the importance of observational skills. Drawing on various fields—science, philosophy, and the arts—as well as his personal experiences, Madsbjerg offers tools and insights to help us better pay attention and extract insights.Madsbjerg was co-founder and senior partner of consulting firm, ReD Associates and was previously a professor of applied humanities at the New School for Social Research in New York City. He works at the intersection of business and the humanities, guiding firms to develop powerful strategies anchored in human perception.Together with Martin Reeves, Chairman of BCG Henderson Institute, Madsbjerg discusses how we can learn to observe the world properly—letting go of oversimplifying assumptions and biases—and how this will help firms unlock insights about their customers far beyond the reach of traditional market research.Key topics discussed: [01:25] How to observe properly[06:57] How “total observation” can unlock new insights[13:14] Distractions of modern life and how to tackle them[18:14] Difference between traditional market research and “total observation”[21:30] How to change how we observe things in the corporate contextThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In his latest book, Magic Words: What to Say to Get Your Way, Jonah Berger breaks down the science of language. The right words can influence actions and happiness, and reveal insights about those who say or write them.Berger, an associate professor of marketing at the Wharton School, is an expert on change, social influence, and word-of-mouth communication. Together with Martin Reeves, Chairman of BCG Henderson Institute, Berger discusses how we can use the language of agency and identity to incite action, how to best balance concreteness and abstraction, and how to harness the power of emotions—drawing on decades of experimental research.He also speculates how large language models will change the production and deployment of language. The book is a broad and practical guide to how we can use language more effectively.Key topics discussed: 01:07 | The power of language and six types of magic words03:57 | Leveraging the language of agency and identity to spark action06:58 | Balancing concreteness and abstraction10:53 | Harnessing the power of emotions13:27 | Limitations of magic words and the importance of authenticity17:41 | The role of ChatGPT and other large language models21:00 | Using magic words in your personal and professional lifeThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In her new book The Case for Good Jobs, Zeynep Ton explains why creating good jobs, particularly for frontline workers, will help companies thrive.Ton, a professor at the MIT Sloan School of Management and president and co-founder of the Good Jobs Institute, has long been an advocate of investing in employees. Traditional bad jobs systems—characterized by low pay, high turnover, and poor operational execution—harm customer satisfaction and undermine a company’s ability to differentiate, innovate, and adapt. In a good jobs system, she explains, leaders unlock a virtuous cycle of employee engagement, which improves operational performance and will ultimately benefit employees, customers, and shareholders.Together with Martin Reeves, Chairman of the BCG Henderson Institute, Ton discusses various aspects of the good jobs system—how it works, how to implement it, how to measure the value of good jobs, and what good jobs mean in an age in which labor is under threat of substitution by AI.Key topics discussed: 01:06 | The business value of good jobs03:54 | What makes the good jobs system work?12:21 | Data and metrics17:10 | AI and labor substitution20:29 | Good jobs beyond the frontline24:48 | How to implement the good jobs systemThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In this special episode of the Thinkers & Ideas podcast, we invited Sir Partha Dasgupta and Simon Levin – co-authors of the forthcoming report "Economic Factors Underlying Biodiversity Loss" – and Georg Kell to discuss a topic often overlooked in sustainability discussions: biodiversity. They discuss gaps in our current thinking, a potential path forward, how to measure our progress along it – and the role corporations must play in all this.Sir Partha Dasgupta is the Frank Ramsey Professor Emeritus of Economics at the University of Cambridge. He is widely regarded as the world's most influential expert on development economics and ecological economics, and is the author of The Economics of Biodiversity: The Dasgupta Review (2021).Simon Levin is the James S. McDonnell Distinguished University Professor in Ecology and Evolutionary Biology at Princeton University and a recipient of the National Medal of Science, for his international leadership and critical contributions to environmental science and ecology.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.Together with Martin Reeves, Chairman of the BCG Henderson Institute, they discuss the importance of ecosystem services to our well-being and the impacts of human activity on biodiversity. Moreover, they discuss inclusive wealth and other measures that can be used to change incentive structures and track our progress on sustainability issues. Finally, they point out what businesses and governments must do to increase awareness and engagement on biodiversity matters.Key topics discussed: 02:28 | How are humans impacting nature, specifically biodiversity?04:08 | The distinction between natural goods and natural services07:02 | Is biodiversity and the natural impact issue on the radar screens of business?09:03 | Are we at a point of no return? How would we know if we are?10:50 | Do we in fact look after biodiversity by looking after the climate?12:42 | Inclusive wealth vs. GDP18:18 | How can governments and companies begin to act on the problem of the encroachment on natural systems?26:41 | What can we learn from our limited successes on massive collective action problems and how we might practically orchestrate this agenda?This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Bent Flyvbjerg has a sobering statistic to share: 99.5% of major projects fail to deliver their targeted results on time and on budget. His new book How Big Things Get Done, coauthored with Dan Gardner, explores this phenomenon—from infrastructure projects to major sporting events to corporate transformations.Flyvbjerg, the first BT Professor of Major Programme Management at Oxford’s Saïd Business School and VKR Professor of Major Program Management at the IT University of Copenhagen, is the world’s foremost expert on megaproject management—a subject on which he has published prolifically.He recently joined Martin Reeves, Chairman of the BCG Henderson Institute, to discuss the patterns and drivers of the failure of big projects, as well as potential solutions that can help executives overcome these dramatic odds. For example, cognitive biases, particularly at the C-suite level, cause leaders to act too spontaneously—when they would be better off acting fast only after first thinking slowly and deliberately. They explore not only conventional project success but also how the thinking can be applied more broadly – from personal projects to climate change.Key topics discussed: 01:16 | The Iron Law of megaprojects04:03 | Patterns of failure09:02 | Solutions (think slow but act fast, think from right to left, reference class forecasting)17:28 | Continuous vs. episodic change20:47 | Tackling climate change: a megaproject?23:03 | Impact of technology25:46 | Practical recommendationsThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In a new book with longtime collaborator W. Chan Kim, Beyond Disruption, Renée Mauborgne describes an alternative path to pursue innovation and growth. Non-disruptive creation taps into a new market outside or beyond the boundaries of existing industries, to not only drive economic growth but also have a positive impact on society by avoiding the negative aspects of disruption, like job displacement.Together with Martin Reeves, Chairman of BCG Henderson Institute, Mauborgne discusses the rising importance of non-disruptive creation given increased sensitivity to the social impact of business. She explains the differences between non-disruptive creation, disruptive creation, and blue ocean strategy and provides tools for companies to identify and unlock non-disruptive opportunities.Mauborgne, a professor of strategy at INSEAD, is also the co-author of the influential Blue Ocean Strategy and has been recognized by Thinkers50 as one of the World’s Most Influential Management Thinkers.Key topics discussed: 00:53 | What is non-disruptive creation (NDC)08:27 | How companies can identify and invent NDCs16:01 | The role of disruptive creation21:08 | Challenges and capabilities needed for NDC23:53 | AI and NDC26:22 | Renee on coining NDCThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

A “microstress,” as defined by Rob Cross and Karen Dillon in their new book of the same name, is a small amount pressure from our everyday interactions that is hardly perceived in the moment. But when many microstesses pile up, they become debilitating.Cross, the Edward A. Madden Professor of Global Leadership at Babson College in Wellesley, Mass., has studied the underlying networks of effective organizations and the collaborative practices of high performers for more than 20 years. Dillon is a former editor of Harvard Business Review and the author of such books as How Will You Measure Your Life? and Competing Against Luck.Together with Martin Reeves, Chairman of BCG Henderson Institute, they discuss the microstresses that drain capacity, deplete emotional reserves, and challenge identity. Although these pressures are impossible to eliminate, there are strategies—building resilience, leading a healthy life, and finding purpose—that can mitigate the impact, enabling people to reshape their interpersonal interactions and live more satisfied lives.Company leaders, the authors argue, should also be aware of microstress triggers hiding in plain sight: the burdens levied by our agile, collaborative way of working that can have damaging ripple effects.Key topics discussed:01:11 | The gravity of microstress07:29 | Types of microstress12:26 | Solutions to microstress19:04 | Microstress in organizations25:35 | Positive aspects of microstress29:14 | Where to start with countering microstressAbout 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In her book Think Bigger: How to Innovate, Sheena Iyengar dispels the notion that the best way of coming up with a good idea is to have a group brainstorm or to rely on the unpredictable intuitions of special gifted individuals.Iyengar is the S. T. Lee Professor of Business at Columbia Business School and an expert on decision-making and choice. Drawing on advances in brain science, she argues that creativity is not mysterious, but is instead quite similar to analytical thinking.Together with Martin Reeves, Chairman of BCG Henderson Institute, Iyengar discusses her six-step methodology to help people unlock their ability to create useful new ideas, illustrating this with many examples from business.Key topics discussed:00:58 | What neuroscience says about innovation07:43 | A six-step method for ideation19:22 | Limitations of the method24:21 | The role of groups and technology28:51 | Implementing the method at your companyAbout 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In his new book, The Crisis of Democratic Capitalism, Financial Times’ chief economics commentator Martin Wolf explores the causes of and solutions to today’s global democratic recession.Wolf, who in 2000 was awarded the CBE (Commander of the British Empire) “for services to financial journalism,” is the author of several earlier books on global economics. Together with Martin Reeves, Chairman of BCG Henderson Institute, they discuss the fragile marriage of liberal democracy and market capitalism. They are twin ideologies—both based on the belief in human agency and the rule of law. But when wealth leads to political power or political power to wealth, the system breaks down. We are seeing this play out in keystone liberal democracies struggling to contain populism, and in authoritarian regimes that are gaining momentum.The struggle with populism, in particular, can be traced to three developments: the emergence of societal rifts around questions of identity, the decline of the economic and political position of the working class, and the rise of the financial and tech sector as the new elite. Essential to the restoration of liberal democracy, Wolf and Reeves note, is the imperative to improve economic and political institutions such that opportunity, security, and dignity are available to all.Key topics discussed:00:58 | The fragile marriage of liberal democracy and market capitalism04:08 | Evidence for a global democratic recession11:01 | The forces behind democratic decline15:30 | The agenda for restoring democratic capitalism19:22 | The key role of business leadersAbout 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In their book Sustainability, Technology, and Finance: Rethinking How Markets Integrate ESG, Georg Kell and Andreas Rasche explore the swiftly emerging and crucially important nexus among sustainability, finance, and technology.Kell is Chairman of the tech company Arabesque, which uses AI and data to assess sustainability performance and guide investments. He is also founder of the UN Global Compact, the world’s largest corporate sustainability initiative. Rasche is a professor of business in society and Associate Dean of Copenhagen Business School. Together with Martin Reeves, Chairman of BCG Henderson Institute, they discuss the bleeding edge of sustainability thinking.ESG investment, Kell and Rasche explain, should be viewed through three lenses as they relate to technology. First, technological innovations, such as chemical recycling for plastics, shape firms’ ESG performance. Second, technological developments enable investors to assess ESG performance more accurately (for example, the use of blockchain tech to enhance supply chain transparency). Finally, the ESG investment agenda itself is influenced by technology; consider that Bitcoin mining creates significant emissions. Based on this three-lens framework, Kell and Rasche explain how technology can be a critical part of the sustainability solution.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

This conversation was recorded on November 16th, 2022.In her book Direct: The Rise of the Middleman Economy and the Power of Going to the Source, law professor Kathryn Judge examines the changing role of intermediaries in the economy.Judge, an expert on banking, financial markets, and regulation, is the Harvey J. Goldschmid Professor of Law and Vice Dean for Intellectual Life at Columbia Law School. Together with Martin Reeves, Chairman of BCG Henderson Institute, Judge discusses both the positive and negative impacts of intermediaries in the economy.She explains that although they have undoubtedly created new value, in some cases middlemen have become entrenched over time, leading to market distortions and new sources of fragility. While markets have started to self-correct, regulators will also have a crucial role to play. Judge proposes a balanced way forward, emphasizing the possibilities of direct exchange.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

This conversation was recorded on November 28th, 2022. Ram Charan is a business consultant, author, and CEO advisor who has had more than 40 years of experience advising executives and boards of top companies around the world. Ram has authored 30 books and sold over 4 million copies globally.In his latest book, Leading Through Inflation: And Recession and Stagflation, Ram provides hands-on guidance for business leaders to navigate inflation. He explains how leaders are challenged in doing and emphasizes the importance of taking a macro-view, looking forward, understanding inflations drivers, looking at particulars for a business or industry, managing cash flow, and taking preemptive action.In discussion with Martin Reeves, Chairman of BCG Henderson Institute, Ram explores not only how to manage inflation but how this relates to leading through crisis and choosing the right talent to do so.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In his latest book, How to Stay Smart in a Smart World: Why Human Intelligence Still Beats Algorithms, psychologist Gerd Gigerenzer examines how humans need to adapt in order to make the best use of new technologies like AI.Gerd Gigerenzer is director of the Harding Center for Risk Literacy at the University of Potsdam and director emeritus of the Center for Adaptive Behavior and Cognition at the Max Planck Institute and is an expert on human decision making. Together with Martin Reeves, Chairman of BCG Henderson Institute, he discusses the uses and limits of AI, the cost-benefit of using technology, and how we can do to better equip ourselves as individuals and societies to deal with this.In particular, he argues that shaping the context for using AI or improving the skills of users may often yield greater returns than improving the technology itself. He proposes that using AI without doing either of these things can cause the atrophy of skills, create ambiguity around truthfulness, and foster unhealthy reliance. He proposes various practical strategies for making ourselves smarter in an increasingly algorithmic world.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Adi Ignatius is the Editor in Chief of Harvard Business Review (HBR). Prior to joining HBR, Adi worked for many years at Wall Street Journal as the Moscow and Beijing bureau chief, and subsequently served as deputy managing director of Time. He has authored several books, including Prisoner of the State: The Secret Journal of Premier Zhao Ziyang and President Obama, the Path to the White House.In this special episode of Thinkers & Ideas, Adi discusses Harvard Business Review at 100, which highlights the 30 articles that helped popularize some of the best and most enduring business ideas.Together with Martin Reeves, Chairman of BCG Henderson Institute, Adi shares his unique perspective on the origin of big ideas, as well as the trends and technologies that underlie them. They also discuss the evolution of HBR’s content curation, accessibility, market exposure, and commitment to its mission over time.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Stefan Larsson, MD, Ph.D. is a pioneer in the field of value-based health care. Dr. Larsson is an independent advisor to healthcare organizations, a BCG senior advisor, a co-founder and board member of the International Consortium for Health Outcomes Measurement (ICHOM), a non-profit that works to create global standards for measuring health outcomes, and a distinguished fellow on the Health and Healthcare team of the World Economic Forum.Jennifer Clawson is a Partner and Director in BCG’s Madrid office and a global head of the firm’s Center for Value in Health Care. She has worked in both private- and public-sector organizations to create new value-based business models to improve health outcomes.In their new book, Patient Priority: Solve Health Care's Value Crisis by Measuring and Delivering Outcomes That Matter to Patients co-authored with Josh Kellar, Managing Director and Partner in BCG’s Chicago office, Stefan and Jennifer discuss based on their decades of experience in the healthcare industry some of the bright spots of progress and innovation in our journey towards value-based healthcare, while laying out an ambitious and compelling path for the journey still ahead.In conversation with Martin Reeves, Chairman of BCG Henderson Institute, they discuss a value and outcome-based approach to healthcare, explaining how value in healthcare needs to include both the outcomes that matter to patient groups and the resources needed to deliver those outcomes. They also opine on the approach as a template for addressing other complex organizational challenges.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Will Guidara made his name in the hospitality industry as the co-owner of Eleven Madison Park, transforming it from a "good" New York restaurant to a 3 Michelin star establishment that was ranked number one on "The World's 50 Best Restaurants" list in 2017.In his new book, Unreasonable Hospitality: The Remarkable Power of Giving People More Than They Expect, Will shares his personal memoir and manifesto, outlining his business management philosophy on the art of service.Together with Martin Reeves, Chairman of BCG Henderson Institute, Will discusses how to be intentional in the pursuit of relationships with both the people you work with and those you serve, and the impact of digging deeper to explore new creative approaches that turn ordinary transactions into extraordinary experiences.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Brian Elliott is an Executive Leader at Future Forum. He has spent the last three decades leading teams and building companies as a startup CEO, a product leader at Google, and Senior Vice President at Slack.In his book How the Future Works. Leading Flexible Teams to do the Best Work of Their Lives, co-authored by Sheela Subramanian and Helen Kupp, he points out that the way we worked in pre-pandemic times is no longer effective and the concept of nine-to-five, five-days-a-week, in-office work environments does not resonate with most employees today, or with the requirements of our knowledge-based economy.In conversation with Martin Reeves, Chairman of BCG Henderson Institute, Brian discusses ways leaders can optimize for better outcomes by extending the more flexible approach we take towards different customers and applying this model to individual employees within their company. By doing so, leaders can make work more productive, fairer, more attractive to employees, and even a source of competitive advantage.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

George Serafeim is the Charles M. Williams Professor of Business Administration at Harvard Business School. He is one of the leading academics and voices on corporate purpose, sustainability, and the integration of ESG concerns into business strategy and investing. George is the co-founder of KKS Advisors, a leading sustainability strategy consulting firm, an academic partner at State Street Associates, a board member of Liberty Mutual, and has served on the inaugural Standards Council of the Sustainability Accounting Standards Board.In his new book, Purpose and Profit: How Business Can Lift up The World, George describes how incorporating environmental, social, and governance (ESG) issues into business have come from being seen as a trade-off to a compliment, with some companies now viewing it as a key driver of economic value.In discussion with Martin Reeves, Chairman of BCG Henderson Institute, George describes key trends that have contributed to this shift in perception and behavior, outlining how companies, investors, and employees can use these societal trends to drive impactful change in their businesses, their investments, and their lives.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Joshua Gans is a Professor of Strategic Management and the holder of the Jeffrey S. Skoll Chair of Technical Innovation and Entrepreneurship at the Rotman School of Management at the University of Toronto. He is also the Chief Economist of the University’s Creative Destruction Lab.In 2018, together with Ajay Agrawal and Avi Goldfarb, he published Prediction Machines, an exploration of how basic tools from economics provide clarity about the AI revolution and a basis for action by leaders.The trio’s latest book, “Power and Prediction: The Disruptive Economics of Artificial Intelligence” explains the economics of A.I. through the lens of decision systems.In conversation with Martin Reeves, Chairman of BCG Henderson Institute, Joshua discusses how the transformational potential of A.I. is only unlocked if decision systems are reconsidered holistically, mirroring the pattern observed in previous technological revolutions like the application of steam power, electricity, or digital communication.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Mike Evans made his name as the founder of GrubHub, which he co-founded back in 2004, guiding it to a successful IPO in 2014. Since then, he has bicycled across the United States, founded Fixer.com, a handyperson service and B-Corp focused on social impact, and written a memoir titled HANGRY: A Startup Journey focused on how to start and grow a business.In conversation with Martin Reeves, Chairman of BCG Henderson Institute, Mike discusses a central theme in his new book, the art of starting something from nothing. The conversation touches on the importance of iterative experimentation, treating financial performance as an oblique goal, and knowing when to let go and abandon ideas when they are no longer working. They also discuss the necessity and challenges of cultivating entrepreneurialism within large established companies.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Jeremy Utley is a Director of Executive Education at Stanford’s d.school and an adjunct professor at Stanford’s School of Engineering. He is the host of the d.school’s widely known program, “Stanford’s Masters of Creativity.”Perry Klebahn is an adjunct professor and Director of Executive Education at Stanford’s d.school. Previously he served as COO for Patagonia and CEO of Timbuk2.In their new book, IDEAFLOW: The Only Business Metric That Matters, Jeremy and Perry explain that creativity is not reserved for a select few, but can be developed like any other skill and applied to any problem.Together with Martin Reeves, Chairman of BCG Henderson Institute, Jeremy and Perry discuss the concept of “ideaflow”, which can be described as the rate at which one is able to generate ideas. They share various techniques for leaders to master and implement a culture of ideaflow, such as setting up metrics that communicate to their teams that they value creativity, creating evaluation and selection techniques to move ideas forward, and deploying diversity.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Dr. Mohan Subramaniam is a Professor of Strategy and Digital Transformation at the IMD Business School. His research is focused on the digital transformation of incumbent industrial firms, specifically, new sources of competitive advantage in the digital age.In his latest book, The Future of Competitive Strategy: Unleashing the Power of Data and Digital Ecosystems, Mohan discusses how companies must adapt their competitive strategies to capture the value from data, suggesting that the context of competitive strategy has shifted from industries to digital ecosystems.In conversation with Martin Reeves, Chairman of BCG Henderson Institute, Mohan explains the concept of digital myopia, referring to the inability of modern-day firms to envision the full scope of value that digital technologies can offer. Together, they evaluate the success factors of famous tech giants and how legacy companies can effectively compete with them.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In this special episode of the Thinkers & Ideas podcast, Martin Reeves, Chairman of BCG Henderson Institute, is joined by two of the leading minds in strategy to discuss the nature of competitive advantage.Join Rita McGrath and Roger L. Martin as they debate whether competitive advantage is more or less sustainable today, whether it has shifted in nature and whether it will shift prospectively. In addition to defending their own positions, they discuss how two very different views of competition can be reconciled. They also offer thoughts for open questions in strategy which merit further consideration.Rita McGrath is a Professor of Strategy at Columbia Business School and the Founder of Valize, a company focused on helping organizations to build lasting innovation capabilities and long-term growth. She has been consistently named one of the world’s top 10 management thinkers in the Thinkers 50 ranking. Rita’s latest book, Seeing Around Corners is a guide to anticipating and capitalizing on disruptive inflection points shaping the marketplace — you can listen to our conversation with her about the book here.Roger L. Martin is a Professor Emeritus at the Rotman School of Management at the University of Toronto and a trusted strategy advisor to CEOs of worldwide companies including Procter & Gamble, Lego, and Ford. In 2017, Roger was named the number one management thinker by Thinkers 50. His most recent book, A New Way to Think — which he discussed with us on the show earlier this year — challenges leaders to rethink dominant mental models by revisiting misconceptions and pitfalls in the application of common frameworks and ideas.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Nathan Furr is an Associate Professor of Strategy at INSEAD. His research focuses on how new and established firms adapt to technology, change, and enter new markets. Susannah Harmon Furr is a designer, entrepreneur, and art historian with a research focus on the Dutch Baroque period. She is the founder of a successful women’s clothing line inspired by her research on intricate embroidery.In their new book, The Upside of Uncertainty: A Guide to Finding Possibility in the Unknown, Nathan and Susannah introduce a positive outlook on uncertainty, and how all possibility and success arise from uncertain situations.Nathan and Susannah discuss with Martin Reeves, Chairman of the BCG Henderson Institute, their toolkit for productively managing uncertainty, “the uncertainty first aid cross”. They outline four distinct stages — reframe, prime, do and sustain — and number tools for each. Toward the end of their discussion, they touch upon the similarities and connections between harnessing individual and institutional uncertainty, as well as how the authors have applied their approaches in their own careers.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Tony O’Driscoll is a Professor of Business Administration at Duke University’s Fuqua School of Business and the Pratt School of Engineering. He has authored two books on learning and organizational performance and numerous articles for publications such as the Harvard Business Review and The Financial Times.In his latest book Everday Superhero: How You Can Inspire Everyone and Create Real Change at Work, a graphic novel co-authored with Gary Zamchick, Tony tells the story of a change champion, Mae B, a middle manager faced with a heroic challenge, hampered by an ineffective traditional approach to change.Together with Martin Reeves, Chairman of BCG Henderson Institute, Tony discusses how Mae B’s enlightened approach to leadership is a parable for the change challenges that organizations face today.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Albrecht Enders is a Professor of Strategy and Management and Co-Director of the Transition-To-Business Leadership Program at IMD Business School. Together with Arnaud Chevallier, Professor of Strategy, Director of Global Management Programs, and Director of Science in Sustainable Management and Technology at IMD Business School he recently co-authored Solvable: A Simple Solution to Complex Problems, which walks readers through critical steps needed to solve any complex problem, specifically how to make a good decision when information is limited.In conversation with Martin Reeves, Chairman of BCG Henderson Institute, Albrecht and Arnaud share insights from the book, address both the technical and people side of problem-solving, and provide concrete ways to adopt an evidence-based approach while managing key stakeholders.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Alan Murray is the President and CEO of Fortune Media. He is a lifelong journalist having previously held leadership positions at the Wall Street Journal and CNBC.In his latest book, Tomorrow’s Capitalist: My Search for the Soul of Business, Alan discusses the history and future of corporate capitalism, suggesting that a variety of social, political, technological, and environmental forces are fundamentally reshaping the accountabilities of businesses beyond profit generation.In a conversation with Martin Reeves, Chairman of BCG Henderson Institute, Alan discusses key insights from his new book including: the progress and challenges he sees on various aspects of stakeholder capitalism; the evolution of ESG reporting; issues and approaches to collective action problems such as climate change; and the trend towards business becoming more human.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Dorie Clark teaches executive education at Duke University’s Fuqua School of Business and Columbia University’s Graduate School of Business. She is the author of 5 books including Entrepreneurial You and Reinventing You. Clark has been named one of top 50 business thinkers by Thinkers50.In her latest book The Long Game: How to Be a Long-Term Thinker in a Short-Term World Clark explains how almost anything is attainable through small, methodical steps taken day by day. She urges her readers to optimize for interesting, as a first step in discovering one’s passion, suggesting that if one keeps optimizing their choices for things that feel interesting, it begins to carve a path to reaching something purposeful.Clark suggests three core arguments to achieve long term success and purpose, including creating white space; the act of opening ones mind to new opportunities, focus where it counts; the ability to decided which goals are the right ones, and, lastly, keeping the faith; the act of deploying strategic patience and sustaining effort in the face of adversity.Joining Martin Reeves, Chairman of BCG Henderson Institute, Clark dives deeper into the challenges of long-term thinking and finding one’s purpose through everyday steps 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, 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Roger L. Martin is a Professor Emeritus of Strategic Management and former Dean at the University of Toronto’s Rotman School of Management. He is a trusted strategic adviser to the CEOs of many global companies. Roger has consistently been featured in the Thinkers50 list, where he was named the world’s number one management thinker in 2017. He has authored 12 books, including When More is Not Better in which he discusses how growing inequality in American society poses a threat to democratic capitalism (listen to our interview about the book with Roger here).In his latest book, A New Way to Think: Your Guide to Superior Management Effectiveness, Roger challenges us to rethink many dominant mental models, revisiting common misconceptions and pitfalls in the application of common frameworks and ideas. He urges leaders to continuously develop their own ideas to lead and reinvent the future and explores fourteen management topics from this perspective.Together with Martin Reeves, Chairman of BCG Henderson Institute, Roger delves into the intricacies of human ingenuity, change, competitive advantage, and the importance of building organizations that recognize the uniqueness of talented individuals.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Lynda Gratton is a Professor of Management Practice at London Business School and the CEO and founder of HSM advisory. Lynda has authored over ten books, including The 100-Year Life: Living and Working in an Age of Longevity co-authored together with Andrew J. Scott.In her new book, Redesigning Work: How to Transform Your Organization and Make Hybrid Work for Everyone, Lynda discusses how to deliberately redesign work taking into account not only the specifics of each job, and the new possibilities for flexibility around time and place but also a range of other technological, social and ethical factors. She introduces a powerful framework for matching the needs of each type of work, by considering four productivity modes: energy, focus, coordination, and collaboration.Based on her experience supporting companies around the world, Lynda suggests three groups that play an integral role in redesigning work: leaders in their narrative and role modeling, line managers in working and building accountabilities, and the employees themselves.Together with Martin Reeves, Chairman of BCG Henderson Institute, Lynda dives deeper into how to embrace the historic inflexion point we currently find ourselves at, to redesign work for better employee satisfaction and retention, better customer engagement, and higher productivity.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Luc de Brabandere is a Senior Advisor at BCG, a BCG Henderson Institute Alumni Fellow, co-founder of CartoonBase, and an invited Professor at The Brussels Solvay School and ETH Zurich. He is the co-author of Thinking in New Boxes, which offers a new paradigm for business creativity.In his most recent book, Be Logical, Be Creative, Be Critical: The Art of Thinking in a Digital World, together with Lina Benmehrez, Brabandere deals with the role of thinking in business and provides a rich analysis of how digital technologies are affecting our thinking processes.Building on his knowledge and experience as a corporate philosopher, Brabandere suggests that firms should focus on creatively reinventing themselves with new tools, rather than using current digital tools to optimize existing processes or systems.In a discussion with Martin Reeves, Chairman of BCG Henderson Institute, Brabandere explores the implications of logic, critical thinking, and creativity in business today.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

John A. List is a Professor of Economics at the University of Chicago and Chief Economist at Walmart. List is co-author of The Why Axis, a fellow of The Econometric Society, and an editor of the Journal of Political Economy.His new book, The Voltage Effect: How to Make Good Ideas Great and Great Ideas Scale, focuses on the necessity of scaling ideas and the things that help and get in the way of doing this.List argues the only ideas worth pursuing are the ones with the potential to make a significant impact on human lives — and translating an idea into widespread impact requires scalability: the capacity to grow and expand in a robust and sustainable way.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, List discusses the art of scaling, “voltage amplifiers”, “voltage drops” and gives advice on avoiding false positives, knowing when to quit an idea, not being deceived by averages, and the importance of behavioral economics in business.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Dr. Albert Bourla is Chairman and CEO of Pfizer Inc., and author of Moonshot: Inside Pfizer’s Nine-Month Race to Make the Impossible Possible, a new book that chronicles how Pfizer achieved what many believed to be impossible: the creation of a high efficacy, safe, and producible at-scale mRNA vaccine within a tenth of the expected time.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Dr. Bourla discusses the critical enablers of Pfizer’s success, both:Internally at Pfizer’s mass mobilization effort that enabled the world’s largest pharmaceutical company to act as a nimble startup: complete with bold and risky decisions making, rejection of bureaucracy, and challenging corporate norms at every step of the process, andExternally at how Pfizer navigated a charged political environment and complicated web of international bodies to collaborate with partners to develop and deliver the vaccines.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Andrew Binns and Charles O’Reilly are co-founders of Change Logic, a Boston-based strategic advisory firm. Charles is a Professor at the Stanford Graduate School of Business and author of multiple other books on business management.They partnered with Michael Tushman, Professor at Harvard Business School, to coalesce their decades of collective experience in innovation and corporate transformation to create the Corporate Explorer: How Corporations can Beat Startups at the Innovation Game.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Andy and Charles discuss insights from the new book.While large corporations have relationships, assets, and capabilities to leverage at an advantage over startups, they must overcome impediments to innovation such as bureaucracy, a bend towards efficiency, and risk aversion. The book serves as a philosophical and tactical playbook to help large established corporations overcome these obstacles through all three stages of innovation: from ideation, and incubation, to scaling. The authors aim to encourage more managers to follow the path to become a Corporate Explorer and for more senior leadership teams to give them the strategic, financial, and organizational support they need.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Ranjay Gulati is an organizational scholar and professor of business at Harvard Business School.His latest book, Deep Purpose: The Heart and Soul of High-Performance Companies shares the stories of companies that pursue what he calls a “deep purpose”. Ranjay studied the actions, cultures, and leadership companies pursuing purpose — where they succeed and where they fall short, to help other leaders in “walking the razor’s edge” to achieve both commercial value and social good through purpose.Ranjay calls for a reform of business, built around the idea that companies can and should use purpose not only to achieve social good but to help achieve greater commercial performance through clarity of direction and inspiration and engagement of employees.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Ranjay discusses insights from the new book.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Ron Adner is Professor of Strategy and Entrepreneurship at the Tuck School of Business at Dartmouth. Ron previously authored the book The Wide Lens: What Successful Innovators See that Others Miss.His new book, Winning the Right Game: How to Disrupt, Defend, and Deliver in a Changing World, is a handbook on how leaders and companies can succeed in an era of ecosystem-based disruption.Adner views his book not as a replacement for traditional competitive strategies, but a necessary supplement for leaders who need to both compete in traditional industries as well as emergent cross-industry ecosystems.In a discussion with Martin Reeves, Chairman of the BCG Henderson Institute, Adner shares insights from the book, using several vivid company examples.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Martin Ford is an entrepreneur, futurist, and author of multiple books, including the New York Times bestseller Rise of the Robots.He recently published a sequel, Rule of the Robots, in which he claims that the best way to understand the impact of artificial intelligence on the economy and society is to see it as a utility analogous to electricity — in fact, “the electricity of intelligence.”In Ford’s view, while general AI is unlikely to be achieved in the near term, AI will still widespread disruptive effects as an “explosion of specific applications” reach every aspect of social and economic life.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Ford describes how that disruption will occur and how we will need to manage and regulate it, in order that the benefits outweigh the costs to society.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Paul Polman was the CEO of Unilever from 2009 to 2019, the first from outside the company in its century-plus history, and has been described by the Financial Times as “a standout CEO of the past decade.” Today he works to accelerate action by business to achieve the UN Sustainable Development Goals, which he helped develop.Andrew Winston is one of the world’s most widely read writers and leading thinkers on sustainable business. His books on sustainability strategy, have sold more than 150,000 copies in seven languages.Together they just published a new book, Net Positive: How Courageous Companies Thrive by Giving More Than They Take, which outlines a framework to help leaders build net positive companies that profit by contributing more to the world than they use or take.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, the authors share insights from the book, discuss key takeaways of the recent COP26 meeting, and explore how can CEOs drive collective action addressing massive challenges and profound shifts that threaten humanity and biodiversity, building thriving businesses as a result.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Loran Nordgren is Professor of Management and Organizations at Northwestern University’s Kellogg School of Management. His research explores the basic psychological processes that guide how we think and act.David Schonthal is Clinical Professor of Innovation & Entrepreneurship at Kellogg, as well as Faculty Director of Kellogg’s Zell Fellows Program, a selective venture accelerator program designed to help student entrepreneurs successfully launch or acquire new businesses.Their new book, The Human Element, focuses on how to get people to say yes to a new idea or innovation. Many believe that the best (and perhaps only) way to convince people to embrace a new idea is to heighten the appeal of the idea itself. However, the authors argue, this neglects the other half of the equation — the psychological “Frictions” that oppose change.In a conversation with Martin Reeves, Chairman of the BCG Henderson Insitute, the authors share insights from the book, explore the causes of frictions, and provide guidance on how we can identify and overcome them.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Azeem Azhar is the creator of Exponential View, a global platform for in-depth tech analysis. He is a member of the WEF’s Global Futures Council, a contributor to publications including the Financial Times and the MIT Technology Review, and the host of HBR’s Exponential View podcast.His new book, The Exponential Age, explores how the emergence and exponential advancement of key technologies have led us to a new era of human society and economic organization — the “Exponential Age”.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Azhar discusses insights from his new book, the prospects for business in the new age, job transformation, and how technology can help us to tackle the greatest challenge we face, climate change.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Christian Stadler is a Professor of Strategic Management at Warwick Business School and a member of the Editorial Board of the Strategic Management Journal and Strategic Organization. Through his research, Christian primarily examines long-term corporate sustainability — how companies grow, adapt, and beat their competitors through learning, innovating, and diversifying.Together with Julia Hautz, Kurt Matzler, Stephan Friedrich von den Eichen, he recently published Open Strategy, a persuasive call to action for companies to “open up” their strategy process to people outside the C-suite — whether they are external customers, internal employees, or complete bystanders.The authors argue that history is flooded with examples of companies, governments, and individuals who faced problems that could have been solved with openness — the book analyzes these examples to warrant the overall premise of opening up strategy.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Christian discusses insights from the book and how open strategy can be used in all three elements of the strategic design process (ideation, formulation, execution).***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Jennifer Moss is an award-winning author, speaker, and radio columnist, reporting on topics related to happiness and workplace well-being. Her articles have appeared in Forbes, the Society of Human Resource Management, Fortune, and Harvard Business Review.Since March 2020, many of us have been operating in crisis mode; quick pivots, learning new policies, and processes on the fly, working from home while juggling family priorities all under the mental fog of chronic stress. Burnout is real and it has increased significantly since the pandemic struck.Jennifer’s new book, The Burnout Epidemic: The Rise of Chronic Stress and How We Can Fix It, attempts to explain burnout and provide the strategies to navigate these challenging times.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Jennifer explores the causes and implications of burnout, the responsibilities of both the employee and the employer in identifying and preventing burnout, and tangible solutions to combat it — helping leaders to distinguish between good intentions and effective policies.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Kai-Fu Lee is the CEO of Sinovation Ventures and the New York Times bestselling author of AI Superpowers. Lee was formerly the President of Google China and a senior executive at Microsoft and Apple. He chairs the Artificial Intelligence Council at the World Economic Forum.His new book, AI 2041: Ten Visions for Our Future, co-authored with Chen Qiufan, is a literary call-and-response: Qiufan calls to Lee with one fictional chapter on the future of AI, and Lee responds to Qiufan with a supporting, nonfictional analysis of those futures. Each chapter deals with the applications of a different technology and explores the human dilemmas which arise as a result. This novel approach not only educates, engages, and entertains readers but also encourages to think ahead on the moves we need to takes as companies and societies in order to maximize benefits and minimize negative consequences.In a conversation with Martin Reeves, Chairman of the BCG Henderson Insitute, Lee shares his thinking and predictions on artificial intelligence’s potential applications, its social impact, and also the regulations required to tame it.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Sandra Sucher is a professor of management practice at Harvard Business School and an internationally recognized trust researcher.Her new book, The Power of Trust: How Companies Build It, Lose It, Regain It, co-authored with Shalene Gupta, is an exploration of the changing nature of trust. The book leverages interdisciplinary research, alongside key business case studies, to help elaborate on the four components of trust: competence, motives, means, and impact.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Sucher explains how companies, build, lose, and regain trust in today’s world, and suggests concrete steps for leaders to assess and enhance trust.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Jeffrey Garten was Dean of the Yale School of Management until 2005, before that Undersecretary of Commerce for International Trade, and before that a Wall Street investment banker. In his new book, Three Days at Camp David: How a Secret Meeting in 1971 Transformed the Global Economy, he tells a detailed narrative of the forces and protagonists that led up to the “Nixon Shock” and the breakdown in the gold standard that altered the post-war economic order.In a conversation with Philipp Carlsson-Szlezak, BCG’s global chief economist, Garten argues that the “Nixon Shock” was the right decision, and that the US is experiencing many similar pressures today, and that — while calling a turning point is difficult — the global monetary order may be nearing one.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Rob Lachenauer is the CEO at BanyanGlobal, an organization that advises the owners of the world’s leading family enterprises on strategy and governance.He recently co-authored a book, Harvard Business Review Family Business Handbook: How to Build and Sustain a Successful, Enduring Enterprise, that provides an overview of the success factors for family businesses, based on his experience as a family business advisor.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Lachenauer argues that family businesses can represent both the best and worst forms of capitalism, outlines what separates the best from the worst, and describes the steps needed to build enduring family 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 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Tsedal Neeley is Professor of Business Administration at the Harvard Business School. Her work focuses on how leaders can scale their organization by developing and implementing global and digital strategies and regularly advises top leaders who are embarking on virtual work and large-scale change that involves global expansion, digital transformation, and becoming more agile.The rapid changes brought on by Covid-19 were unprecedented but remote work (and the concerns that accompany it) are not new. In her new book, Remote Work Revolution, Neeley provides evidence-based answers to these pressing concerns as well as practical guidance for internalizing and applying best practices.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Neeley introduces a trust palette and a “trust curve” to understand which types of trust are particularly challenging in a remote setting and how they develop over time, and explains how agile teams can (perhaps surprisingly) still thrive in a remote setting.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Ram Charan is a world-renowned business advisor, author, and speaker who has spent the past 40 years working with many of the top companies, CEOs, and boards.Ram has authored over 30 books since 1998 that have sold over 4 million copies in more than a dozen languages. His recent book, Rethinking Competitive Advantage, explains the source of digital giants’ competitive advantage and describes the path for other companies to develop their own.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Ram provides an overview of how leaders — of both traditional and digital companies— can increase their chances of success in the digital age. He proposes 6 rules which redefine the precepts of competition.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Philippe Aghion is professor of economics at the London School of Economics and Collège de France and INSEAD, and formerly of Harvard University.He joins BCG Global Chief Economist Philipp Carlsson-Szlezak in conversation to discuss his new book The Power of Creative Destruction: Economic Upheaval and the Wealth of Nations, a broad take on the different variants of capitalism and their shortcomings. Among other things, the conversation zooms in on the trade-off between innovation/growth and social protection and what could be done to balance these more effectively. Prof. Aghion makes the case that capitalism can both be innovative and inclusive if the right policies are pursued.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Olivier Sibony is a Professor at HEC Paris and an Associate Fellow of Saïd Business School in Oxford University.Together with Daniel Kahneman and Cass R. Sunstein he recently published a new book, Noise: A Flaw in Human Judgment, which focuses on the scatter inherent in decision making.Learn more about how noise differs from bias, how it arises, and how it can be reduced through what the authors call decision-making hygiene.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Sibony discusses how noise differs from bias, how noise happens, and gives practical suggestions for how to reduce noise across industries and use cases.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Kenneth Cukier is a New York Times bestselling author on technology and business, a journalist at The Economist, and an Associate Fellow at the University of Oxford’s Saïd Business School.Francis de Véricourt is a Professor of Management Science and the Director of the Center for Decisions, Models and Data at the European School of Management and Technology in Berlin.Together with Viktor Mayer-Schönberger, they recently published a new book, Framers: Human Advantage in an Age of Technology and Turmoil.In Framers, the authors outline how to use the unique human capability of framing to generate new options and structure decision-making effectively.In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Cukier and de Véricourt discuss framing‘s unexploited potential, how it can enhance decision making in uncertain times, and how we can better educate ourselves to become better framers.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

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 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

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 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

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, Western Europe, and the Asia — Pacific region.In a conversation with Martin Reeves, Chairman of the BCG Henderson Insitute, the authors discuss insights from their new book, and also reflect on Bruce Henderson’s original thinking on The Rule of Three and Four.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

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, 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

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 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

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 provocative discussion and experimentation to expand the boundaries of business theory and practice and to translate innovative ideas from within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

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 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

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 debt, currency crisis, and inflation as experienced by one fictional family across several generations and socio-economic circumstances. They discuss the novel, why economic dystopian novels are rare, and the way in which the novel can make the fears of economic collapse come alive.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

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, 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

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 existing methods.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

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 translate innovative ideas from within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

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 generations.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

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 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

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. The Institute engages leaders in provocative discussion and experimentation to expand the boundaries of business theory and practice and to translate innovative ideas from within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

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 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

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, 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

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 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

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 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

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 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Margaret Heffernan is a Texas-born, Cambridge educated author, former media CEO, award-winning journalist, and BBC documentary maker whose TED Talks have been viewed more than twelve million times. Her six previous books include Willful Blindness, which was named one of the most important business books of the decade by the Financial Times.In this podcast with Martin Reeves, Chairman of the BCG Henderson Institute, she discusses insights from her forthcoming book, Uncharted: How to Navigate the Future. Heffernan argues that the future is inherently unpredictable and, as such, we really need to stop force-fitting models for prediction onto business strategy and elsewhere, as doing so only provides us with a false sense of certainty and security.Instead, she argues, the right approach is to embrace uncertainty and use scenario planning, experimentation, and imagination. She discusses several domains (art, military intelligence, “cathedral” projects like CERN) where acceptance of uncertainty and using creative approaches has led to great success.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Roger L. Martin is Professor Emeritus of Strategic Management, at the University of Toronto's Rotman School of Management, where he served as Dean (1998–2013) and as Director of the Martin Prosperity Institute (2013–2019). In 2017 Thinkers50 named him the world's #1 management thinker.In this podcast with Martin Reeves, Chairman of the BCG Henderson Institute, he discusses insights from his new book, When More is Not Better, which analyzes the growing inequality in American society as a threat to the democratic-capitalism underpinning its historical success. Martin posits that treating the economy as a machine and over-emphasizing efficiency drives this inequal distribution of the spoils of growth. The book advocates the alternative metaphor of the economy as a complex adaptive system that encourages a new set of behaviors from business executives, politicians, educators and citizens - which could sustain democratic capitalism.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter. This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Jeffrey D. Sachs is a Professor of economics and Director of Center for Sustainable Development at Columbia University. He is considered to be one of the world’s leading experts on economic development, global macroeconomics, and the fight against poverty.In this discussion with Martin Reeves, Chairman of the BCG Henderson Institute, he discusses insights from his new book, The Ages of Globalization, which describes the dynamics of globalization across history and how it has influenced and has been influenced by economy, culture, geography and technology.In particular he describes the opportunities and challenges of the current digital age, and discusses possible solutions, including the social role and contribution of corporations.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Gary Hamel and Michele Zanini's forthcoming book, Humanocracy: Creating Organizations as Amazing as the People Inside Them, highlights bureaucracy's social, economic and strategic shortcomings and proposes 'humanocracy' as an alternative management model.In this discussion with Martin Reeves, Chairman of the BCG Henderson Institute, Gary Hamel discusses why companies need to tackle bureaucracy's shortcomings and shares examples of vanguard firms which have managed to make steps towards realizing the principles of humanocracy.***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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter: @BCGHendersonThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Peter J. Williamson is Professor of International Management at the University of Cambridge, Judge Business School and Fellow of Jesus College.He is the coauthor of a new book, Ecosystem Edge, which focuses on how to start and manage ecosystems. In this discussion with Martin Reeves, Chairman of the BCG Henderson Institute, he discusses insights from the book, including ecosystem strategy and innovation.***About the BCG Henderson Institute The 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Alex Osterwalder is an author, entrepreneur, and leading thinker on business strategy and innovation. He is the co-founder of Strategyzer and creator of the Business Model Canvas, a tool for designing and mapping business models.Osterwalder is coauthor of a new book, The Invincible Company, which decodes how some of the world’s leading companies have built superior business models and reinvented themselves, and the lessons that other organizations can learn. In this discussion with Martin Reeves, Chairman of the BCG Henderson Institute, Osterwalder discusses insights from the book, including innovation strategy, organization, and how to balance exploration and exploitation.***About the BCG Henderson Institute The 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Earlier this year, Philipp Carlsson-Szlezak rejoined BCG as Chief Economist, Managing Director and Partner based in New York, and head of the Center for Macroeconomics at the BCG Henderson Institute. No one could have imagined how quickly his focus would shift to the COVID-19 pandemic. In this special episode of the BHI podcast, Rich Lesser, CEO of BCG, and Philipp discuss frequently asked questions they are hearing from BCG's clients about the global crisis, what makes this situation unique from an economic perspective, and thoughts on re-opening economies around the world. Listen now and learn more.***About the BCG Henderson Institute The 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Jørgen Vig Knudstorp, Executive Chairman of LEGO Brand Group, recently had a discussion with Martin Reeves, Chairman of the BCG Henderson Institute, about LEGO’s response to the COVID-19 crisis and preparing for the more permanent shifts in the post-COVID era. Knudstorp discussed changes that are emerging in customer behavior, such as a significant increase in online sales channels, and LEGO’s efforts to increase its technology investments. He also spoke about the importance of “entertaining the inconceivable”—using imagination to think about not only what could go wrong but also to uncover new opportunities. ***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, economics, technology, 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter: @BCGHendersonThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Business leaders around the globe are dealing with the unprecedented challenges that the COVID-19 outbreak has brought to companies, economies, and societies. Marco Alverà, Chief Executive Officer of Snam, one of the world's leading energy infrastructure companies, recently sat down virtually with Martin Reeves, Chairman of the BCG Henderson Institute, to discuss Snam's response to the crisis.Alverà discussed Snam's crisis management measures, as well as opportunities he and his team have identified amid the uncertainty, and his thoughts on how the world might look different after the pandemic.***About the BCG Henderson InstituteThe BCG Henderson Institute is the Boston Consulting Group’s strategy think tank, dedicated to exploring and developing valuable new insights from business, technology, 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter: @BCGHendersonThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Karim R. Lakhani is the Professor of Business Administration and the Dorothy and Michael Hintze Fellow at the Harvard Business School, coauthor of the provocative new book, Competing in the Age of AI: Strategy and Leadership When Algorithms and Networks Run the World. Karim discusses how artificial intelligence is changing how we think about competition and company business models with Martin Reeves, Chairman of the BCG Henderson Institute. Listen to their conversation in this episode of the BCG Henderson Institute podcast.***About the BCG Henderson InstituteThe BCG Henderson Institute is the Boston Consulting Group's strategy think tank, dedicated to exploring and developing valuable new insights from business, technology, 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on Twitter: @BCGHendersonThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Rita Gunther McGrath is a best-selling author, a sought-after speaker, and a professor at Columbia Business School, where she directs a popular program on Leading Strategic Growth and Change. Her new book, Seeing Around Corners, is a guide to anticipating and capitalizing on disruptive inflection points shaping the marketplace. Listen to Rita and Martin Reeves, Chairman of the BCG Henderson Institute, discussing Rita's new book and also her reflections on Clay Christensen in this episode of the BCG Henderson Institute podcast.***About the BCG Henderson InstituteThe BCG Henderson Institute is the Boston Consulting Group's strategy think tank, dedicated to exploring and developing valuable new insights from business, technology, 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 within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on Twitter: @BCGHendersonThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

According to research conducted by Knut Haanaes, Dean of the Global Leadership Institute at the World Economic Forum, just 2% of companies consistently outperform their peers on both growth and profitability during good and bad times. What is a 2% company, and how can yours become one? Read more: https://on.bcg.com/2XfSKmL***About the BCG Henderson Institute The BCG Henderson Institute is the Boston Consulting Group’s strategy think tank, dedicated to exploring and developing valuable new insights from business, technology, 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 within and beyond business. For more ideas and inspiration, follow us on Twitter: @BCGHendersonThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

In annual reports, the term “ecosystem” occurs 13 times more frequently now than it did a decade ago. But like any buzzword, it tends to be over-applied. What actually is a business ecosystem? How can we use them to create value? Listen to Martin Reeves, Global Director of BHI, and Michael Jacobides, Chair of Entrepreneurship & Innovation and Strategy Professor at the London Business School, dispelling the myths of business ecosystems: https://bit.ly/2T57g2c***About the BCG Henderson Institute The BCG Henderson Institute is the Boston Consulting Group’s strategy think tank, dedicated to exploring and developing valuable new insights from business, technology, 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 within and beyond business. For more ideas and inspiration, follow us on Twitter: @BCGHendersonThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Martin Reeves, Global Director of BHI talked with Frida Polli, CEO of pymetrics, a start up which has developed a more cost effective, accurate and less biased substitute for hiring and promotion decisions, based on AI and neuroscience. Our discussion covered AI, diversity, human bias, the future of work and the connection to economic growth.***About the BCG Henderson Institute The BCG Henderson Institute is the Boston Consulting Group’s strategy think tank, dedicated to exploring and developing valuable new insights from business, technology, 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 within and beyond business. For more ideas and inspiration, follow us on Twitter: @BCGHendersonThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy