Call them changemakers. Call them rule breakers. We call them Redefiners. And in this provocative podcast, we explore how daring leaders from across industries and around the globe are redefining their organizations—and themselves—to create extraordinary impact in today’s rapidly changing world. In each episode, Russell Reynolds Associates Leadership Advisor Hoda Tahoun and former CEO Clarke Murphy host engaging, purposeful conversations with leaders in and out of the business world who shar ...
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BCG Henderson Institute에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 BCG Henderson Institute 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
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Lost Cultures: Living Legacies


On the Season 2 debut of Lost Cultures: Living Legacies , we travel to Bermuda, an Atlantic island whose history spans centuries and continents. Once uninhabited, Bermuda became a vital stop in transatlantic trade, a maritime stronghold, and a cultural crossroads shaped by African, European, Caribbean, and Native American influences. Guests Dr. Kristy Warren and Dr. Edward Harris trace its transformation from an uninhabited island to a strategic outpost shaped by shipwrecks, colonization, the transatlantic slave trade, and the rise and fall of empires. Plus, former Director of Tourism Gary Phillips shares the story of the Gombey tradition, a vibrant performance art rooted in resistance, migration, and cultural fusion. Together, they reveal how Bermuda’s layered past continues to shape its people, culture, and identity today. You can also find us online at travelandleisure.com/lostcultures Learn more about your ad choices. Visit podcastchoices.com/adchoices…
Thinkers & Ideas
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BCG Henderson Institute에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 BCG Henderson Institute 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
Inspiring and thought-provoking conversations with leading thinkers about influential ideas on business, technology, economics, and science. Hosted by Martin Reeves, Chairman of the BCG Henderson Institute, and Philipp Carlsson-Szlezak, Global Chief Economist of BCG. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.
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BCG Henderson Institute에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 BCG Henderson Institute 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
Inspiring and thought-provoking conversations with leading thinkers about influential ideas on business, technology, economics, and science. Hosted by Martin Reeves, Chairman of the BCG Henderson Institute, and Philipp Carlsson-Szlezak, Global Chief Economist of BCG. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.
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Thinkers & Ideas

In The Measure of Progress: Counting What Really Matters , Dame Diane Coyle argues that traditional measures like GDP no longer capture economic realities. Coyle is the Bennett Professor of Public Policy at the University of Cambridge. She is also the director of the Productivity Institute, a fellow of the Office for National Statistics, and a member of the UK’s Competition Commission. Drawing on her deep expertise, she proposes an alternative framework for measuring productivity that enables better policymaking. In her conversation with Nikolaus Lang, global leader of the BCG Henderson Institute, she discusses the shortcomings of GDP—such as a lack of accounting for immaterial goods or natural capital, alternative measures of progress, and how corporate leaders should rethink their approach to measurement. Key topics discussed: 01:32 | The shortcomings of GDP as a measure of productivity 09:14 | The issues of inflated GDP statements 11:12 | Alternative measures of productivity and progress 13:47 | A time-based approach to measuring productivity 16:39 | How productivity measurement works in practice 18:57 | Implications for corporate leaders Additional inspirations from Diane Coyle: Cogs and Monsters: What Economics Is, and What It Should Be (Princeton University Press, 2021) GDP: A Brief but Affectionate History (Princeton University Press, 2015) The Soulful Science: What Economists Really Do and Why It Matters (Princeton University Press, 2009) Sex, Drugs and Economics: An Unconventional Intro to Economics (Texere, 2002)…
In Chokepoints: American Power in the Age of Economic Warfare , Edward Fishman argues that the nature of international power has fundamentally shifted from military might to economic statecraft. Fishman is a senior research scholar at Columbia University’s Center on Global Energy Policy and an adjunct professor of International and Public Affairs at Columbia. Previously, he served at the US State Department, leading work on economic sanctions. In his new book, he examines how governments—particularly the US’s—are increasingly using financial tools, regulatory measures, and targeted sanctions to shape international relations, secure strategic advantages, and resolve conflicts. In his conversation with Nikolaus Lang, global leader of the BCG Henderson Institute, he discusses the history of sanctions, how the US came to wield them so powerfully, how diplomatic back channels are navigated in applying them—and what is important for making them effective in enforcing the desired governance changes. Key topics discussed: 02:05 | The history of chokepoints and US dominance over them 08:45 | The role of businesses in economic diplomacy 12:17 | Navigating diplomatic back channels 15:32 | The role of technology and export controls 19:45 | Oil price caps as an innovation in sanctions design 23:10 | The effectiveness of sanctions in enforcing governance changes 27:44 | On the origins of this book Additional inspirations from Edward Fishman: Foreign Affairs: How Trump Could Dethrone the Dollar (April 8, 2025)…
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In There's Nothing Like This: The Strategic Genius of Taylor Swift , Kevin Evers examines the singer-songwriter's remarkable career success from a business strategy perspective. Evers is a senior editor at Harvard Business Review , where he has edited bestselling and award-winning books on high performance, creativity, innovation, digital disruption, marketing, and strategy. In discussion with Martin Reeves, Chairman of the BCG Henderson Institute, they cover the scale and longevity of Swift's success, the strategic moves and innovations that have driven her rise and staying power, her ability to reinvent herself and connect with fans in new ways, and lessons for strategists and companies.…
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1 Space to Grow with Matthew Weinzierl and Brendan Rosseau 30:46
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In Space to Grow: Unlocking the Final Economic Frontier , Matthew C. Weinzierl and Brendan Rosseau discuss the discuss the history, the present, and the future of the space economy. Weinzierl is the Joseph and Jacqueline Elbling professor of Business Administration at Harvard Business School and founder of the Economics of Space project at HBS. Rosseau is an Orbital Launch strategy manager at the American space technology company Blue Origin. Together, they provide in-depth academic and practitioner perspectives on the space economy. In their conversation with Nikolaus Lang, global leader of the BCG Henderson Institute, they discuss the central governance vs. market-driven models of the space economy, the geopolitics of space, and whether the first trillionaire will be an asteroid miner. Key topics discussed: 02:03 | The three phases of the space economy 05:28 | Central governance vs. market-driven model of the space economy 08:23 | Geopolitics of space 11:33 | The market structure of the space economy (on Earth) 17:14 | Space junk 21:03 | Asteroid mining 23:47 | How to make space interesting again…
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1 The Corporation in the Twenty-First Century with John Kay 27:40
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In The Corporation in the Twenty-First Century: Why (Almost) Everything We Are Told About Business Is Wrong , John Kay provides a novel perspective on the evolution of the contemporary corporation. One of the UK’s leading economists, Kay is a fellow of St John’s College, Oxford. He was the first dean of Oxford’s Saïd Business School and has held chairs at London Business School, the University of Oxford, and the London School of Economics and director of the Institute for Fiscal Studies. In his conversation with Martin Reeves, chairman of the BCG Henderson Institute, Kay discusses the essence of the modern corporation, the changing relationship of capital and labour, the gap between the our historic concept of the corporation and the current reality and the forces that have and will further shape the corporation including sustainability, geopolitics, and technology. Key topics discussed: 01:56 | The essence of a 21st century corporation 05:53 | The changing roles of workers and capital 12:26 | Limits to corporate scale 16:00 | Forces that will shape the future of corporations sustainability, geopolitics, technology 21:50 | The impact of AI on the nature of the corporation 24:12 | Implications for managers Additional inspirations from John Kay: Radical Uncertainty: Decision-Making Beyond the Numbers (W.W. Norton & Company, 2020) The Long and the Short of It: A guide to finance and investment for normally intelligent people who aren’t in the industry (IPS - Profile Books, 2016) Other People's Money: The Real Business of Finance (PublicAffairs, 2015) Obliquity: Why Our Goals Are Best Achieved Indirectly (Profile Books GB, 2011)…
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In Uncertainty and Enterprise: Venturing Beyond the Known , Amar Bhidé revisits and modernizes the concept of Knightian uncertainty. Introduced more than 100 years ago, the concept offers great potential for better understanding corporate decision-making. A renowned expert on innovation, entrepreneurship, and finance, Bhidé is a professor of Health Policy at the Mailman School of Public Health at Columbia University, as well as a professor emeritus of Business at the Fletcher School of Law and Diplomacy, Tufts University. In his conversation with Martin Reeves, chairman of the BCG Henderson Institute, Bhidé discusses the important distinction between repeated and unique events, the relationship between uncertainty and imagination, how corporations can use persuasive narratives and social routes to navigate the future, and whether AI will help or hinder these practices. Key topics discussed: 01:16 | The definition of uncertainty 04:49 | The relation between uncertainty and imagination 09:32 | The power of corporate routines 15:57 | The changing nature of uncertainty 17:25 | How AI impacts uncertainty 21:02 | Corporate implications 22:38 | Implications for business education Additional inspirations from Amar Bhidé: A Call for Judgment: Sensible Finance for a Dynamic Economy (Oxford University Press, 2010) The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World (Princeton University Press, 2008) The Origin and Evolution of New Businesses (Oxford University Press, 2000) Flourishing in an Uncertain World: How Entrepreneurs Overcome Doubts and Disagreements (The Kansas City Public Library Lecture, 2025)…
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In The M&A Failure Trap: Why Most Mergers and Acquisitions Fail and How the Few Succeed, Baruch Lev and Feng Gu provide a wealth of evidence on the success and failure factors of acquisitions. Lev, professor emeritus of Accounting and Finance at NYU’s Stern School of Business and Gu, professor of Accounting and Law at the State University of New York, have analyzed more than 40,000 acquisitions over the past four decades. This has not only allowed them to understand the reasons why 75% of deals fail but also to develop a scorecard that can help decision-makers assess the likelihood of acquisition success ex ante. In their conversation with Martin Reeves, chairman of the BCG Henderson Institute, Lev and Gu discuss how to measure acquisition success, how to curb overconfidence on the side of the acquirer, and key lessons for CEOs seeking inorganic growth. Key topics discussed: [02:45] How mergers and acquisitions have changed [05:00] Judging the success or failure of acquisitions [08:16] Drivers of acquisition failure [14:41] Patterns of successful acquisitions [17:27] Overconfidence and its causes [19:51] Managerial implications…
In Mindmasters: The Data-Driven Science of Predicting and Changing Human Behavior , Sandra Matz explores what our digital footprints reveal about us and how these insights are used to influence our daily decisions. Matz is the David W. Zalaznick Associate Professor of Business at Columbia Business School, where she also serves as co-director of the Center for Advanced Technology and Human Performance. Using her background in psychology and computer science, Matz investigates the intricate connections between our digital and real lives and how these are shaped by technology. In her conversation with Martin Reeves, chairman of the BCG Henderson Institute, Matz discusses the power of psychological profiling, highlights the harms as well as benefits of the personalization it enables, and outlines implications for businesses and regulators, including the possibility of entirely new business models. Key topics discussed: [01:10] Power of psychological profiling [05:05] Scale and impact of big data–based psychological profiling [09:06] Benefits and harms of personalization [16:05] Challenges of regulating profiling and personalization [17:57] Ramifications of the AI-driven content revolution [23:20] Implications for businesses [28:37] How to manage your data footprint Additional inspirations from Sandra Matz: Psychological Targeting: What Your Digital Footprints Reveal About You (TED Talk, 2019)…
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In The Unaccountability Machine: Why Big Systems Make Terrible Decisions and How the World Lost Its Mind , Dan Davies examines why companies and governments systematically generate outcomes that everyone involved claims they do not want. Davies is an economist, writer, and former investment banker known for his insightful analysis of finance, corporate governance, and decision-making systems. He has written extensively on topics such as financial fraud, accountability in organizations, and the intersections of economics and management. His latest book combines cybernetics theory and real-world examples to explain how decisions are increasingly made not by accountable individuals, but by systems. In his conversation with Martin Reeves, chairman of the BCG Henderson Institute, Davies describes the pathologies of failing decision-making systems, explains why we tend not to learn from past mistakes, and outlines why he worries that AI might not improve our capability to make decisions unless we carefully redesign decision systems to tap its potential. Key topics discussed: 01:03 | Unintended outcomes generated by decision-making systems 07:08 | What we can learn from the theory of cybernetics 09:49 | Pathologies of failing information systems 11:49 | Why we make the same mistakes again and again 14:41 | How AI may impact decision-making 16:39 | Steps toward improving our decision-making systems Additional inspirations from Dan Davies: The Brompton: Engineering for Change , co-authored by William Butler-Adams (The Experiment, 2022) Lying for Money: How Legendary Frauds Reveal the Workings of the World (Scribner, 2021) Back of Mind (Substack)…
In AI Snake Oil: What AI Can Do, What It Can’t, and How to Tell the Difference , Sayash Kapoor and his co-author Arvind Narayanan provide an essential understanding of how AI works and why some applications remain fundamentally beyond its capabilities. Kapoor was included in TIME’s inaugural list of the 100 most influential people in AI. As a researcher at Princeton University’s Center for Information Technology Policy, he examines the societal impacts of AI, with a focus on reproducibility, transparency, and accountability in AI systems. In his new book, he cuts through the hype to help readers discriminate between legitimate and bogus claims for AI technologies and applications. In his conversation with Martin Reeves, chair of the BCG Henderson Institute, Kapoor discusses historical patterns of technology hype, differentiates between the powers and limitations of predictive versus generative AI, and outlines how managers can balance healthy skepticism with embracing the potential of new technologies. Key topics discussed: 01:05 | Examples of AI “snake oil” 04:42 | Historical patterns of technology hypeand how AI is different 07:26 | Capabilities and exaggerations of predictive AI 11:42 | Powers and limitations of generative AI 17:11 | Drivers of inflated expectations 20:18 | Implications for regulation 23:26 | How managers can balance scepticism and embracing new tech 24:58 | Future of AI research Additional inspirations from Sayash Kapoor: AI Snake Oil (Substack) A Checklist of Eighteen Pitfalls in AI Journalism (UNESCO article, 2022)…
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In The Age of Outrage: How to Lead in a Polarized World , Karthik Ramanna provides a framework for leaders to navigate outrage—the intense, polarized reactions to perceived social injustices, political stances, and misaligned corporate actions—by addressing root causes, engaging stakeholders, and building resilience. Ramanna, a professor of Business and Public Policy at the University of Oxford’s Blavatnik School of Government , specializes in business-government relations and corporate accountability. In conversation with Martin Reeves, chairman of the BCG Henderson Institute, Ramanna discusses the three causes of outrage (fear of the future, past injustices, and ideologies of othering), common instincts that mislead leaders, and his five-step framework for navigating the age of outrage. Key topics discussed: 01:08 | Managing in the age of outrage 4:21 | Three causes of outrage: fear of the future, past injustices, and ideologies of othering 5:48 | The five-step framework for navigating the age of outrage 19:04 | Instincts which mislead companies into taking the wrong stance or making the wrong analysis 20:45 | The impact of “temperate leadership” and leadership attributes 25:22 | Key factors impacting the age of outrage Additional inspirations from Karthik Ramanna: Political Standards: Corporate Interest, Ideology, and Leadership in the Shaping of Accounting Rules for the Market Economy (The University of Chicago Press, 2015)…
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In The Corporate Life Cycle: Business, Investment, and Management Implications , Aswath Damodaran presents the corporate life cycle as a universal key for demystifying business finance, strategy and company valuation. Damodaran is a professor of Finance at the Stern School of Business at New York University. Known as “the Dean of Valuation,” he has published extensively in academic journals, written many books for students and practitioners, and remains the world’s foremost expert on the subject of corporate valuation. In his latest book, he outlines how corporations age, describes the characteristics of each stage of their life cycle, and discusses implications for managers and investors. In his conversation with Martin Reeves, chairman of the BCG Henderson Institute, Damodaran outlines how to determine where in the life cycle your company is at, what leadership skills and behaviors are required at each stage, and how the distribution of life cycle stages has changed over recent decades. Key topics discussed: 00:56 | The stages of the corporate life cycle 02:21 | How to determine your stage in the life cycle 03:36 | The importance of acting your age 10:06 | Balancing capital allocation across the portfolio 11:27 | Leadership skills for different stages in the life cycle 16:56 | Creating value at any stage of the life cycle 20:21 | How the distribution of life cycle “shapes” is changing 22:58 | The art of communicating complex ideas in simple ways Additional inspirations from Aswath Damodaran: Applied Corporate Finance (Wiley, 2014) Investment Valuation: Tools and Techniques for Determining the Value of Any Asset (Wiley, 2012) Musings on Markets (Blog)…
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 outcomes 06:49 | Prose over PowerPoint 12:51 | Thinking big, but betting small 16:21 | Thinking in systems 19:21 | How to decide to “continue, pivot, or kill” – and avoid confusion 22:45 | Where “big bet” thinking can be applied Additional 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)…
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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 toolkit 5:20 | Systems thinking in contemporary business scenarios 6:37 | The EPIC process: Explore, Produce, Intervene, and Check 16:52 | Characteristic tools of systems thinking 17:34 | The five lenses of systems thinking 21:54 | Advancing the agenda of systems thinking Additional 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)…
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 fallacious 10:54 | Taxonomy of utopia 13:59 | What about public policy, such as UBI? 15:47 | Concept of shallow and deep redundancy 18:50 | Concept of “interestingness” 21:07 | Rhetorical style of book 23:29 | AI regulation and policy Additional inspirations from Nick Bostrom: Superintelligence: Paths, Dangers, Strategies (Oxford University Press, 2014)…
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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 disconnect 04:13 | The benefits and downsides of modern globalization 07:21 | Future scenarios for globalization 13:28 | What the history of internationalization reveals about where we are heading 15:25 | Implications of AI for globalization 16:33 | How globalization or de-globalization might play out in practice 21:10 | Implications for businesses Additional 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)…
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1 Assembling Tomorrow with Scott Doorley and Carissa Carter 28:23
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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 design 03:16 | The forces that make technology impact unpredictable 09:17 | The role of emotions in design 11:59 | Why we are not thinking about unpredictability in designing technologies 15:17 | Potential solutions to new design problems 22:22 | Applying these solutions to AI 24:20 | Implications for businesses Additional 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)…
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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 merit 06:08 | The importance of quality and skill to fame 09:33 | Enduring vs. transient fame 11:36 | The greatest composers of all time: Bach vs. Taylor Swift 14:44 | Social factors driving fame 19:54 | The role of group polarization and network effects 28:48 | Implications for businesses: Marketing, talent, innovation 33:19 | The art of manipulating information cascades Additional inspirations from Cass Sunstein: Thinkers & Ideas: Look Again with Cass Sunstein Look Again: The Power of Noticing What Was Always There ; with Tali Sharot (Atria/One Signal Publishers, 2024) Nudge ; with Richard Thaler (Penguin Books, 2021) Noise: A Flaw in Human Judgment ; with Daniel Kahneman, and Olivier Sibony (Random House Audio, 2021) The World According to Star Wars (Dey Street Books, 2016)…
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. habit 03:39 | The power (and pitfalls) of rituals 07:08 | Deliberately using rituals (in private life and the workplace) 13:41 | The importance of evolving rituals 18:22 | How COVID changed our rituals 21:20 | How CEOs can harness the power of rituals Additional 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)…
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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 strategy 03:40 | The survive, reset, thrive framework 05:20 | How to survive a shock 09:20 | How to reset for a new environment 14:42 | How to execute so you can thrive in the long term 19:12 | The creative vs. competitive aspects of strategy 24:11 | How algorithms and AI will affect strategy and the strategy process 27:49 | Applying this framework in your personal life…
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1 Perspectives on the Future with Esther Dyson, Rita McGrath, and Gary Shteyngart 37:52
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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 future 05:08 | The digital age 08:16 | Social media and a technology-centred society 12:47 | Methods for sensing the future” 17:23 | Harnessing the power of science fiction 22:31 | Using metaphors 24:41 | Bringing together these future-sensing methods 31:07 | Predictions about what is coming next Additional 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)…
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 works 04:25 | What dishabituation is 08:18 | How to see the unseen 13:51 | How corporations should think about (dis-)habituation 22:08 | Breaking free from a mental model 24:21 | Personal strategies for dishabituation Additional 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)…
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 lifespan 08:21 | Mechanisms of aging 13:25 | Potential interventions for promoting longevity 18:27 | How close are we to a longevity breakthrough? 24:02 | Societal and ethical implications 28:48 | The art of communicating complex idea Additional 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)…
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Thinkers & Ideas

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 economics 04:44 | How complex systems thinking works 09:01 | Consequences of using inadequate economic models 12:44 | Agent-based modeling as a powerful alternative 19:02 | Leveraging alternative modeling techniques in business 24:59 | How CEOs can start embracing complexity thinking…
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 AI 09:04 | Educating people to use AI effectively 10:47 | What experiments reveal about where AI adds (and destroys) value at work 12:45 | Substituting (vs. complementing) workers with AI 14:14 | Generating value with AI in the long-term 17:10 | Bringing about the social change in organizations alongside the tech change 20:48 | AI regulation 27:18 | How AI will transform education Additional 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)…
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Thinkers & Ideas

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 rationality 04:49 | Role of heuristics 06:29 | Why intuition is often looked down upon 08:06 | Power of intuition 15:21 | How to use intuition in business 18:45 | Distinguishing right intuition from wrong intuition 25:12 | Considering how AI use intuition Additional 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)…
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 capitalism 07:19 | Success stories: Chinese EVs, Orsted 11:31 | The need to combine tech, policies, and finance 12:52 | How to scale case studies to big solutions 16:24 | Navigating a polarized political context 18:45 | Making climate solutions profitable 24:06 | Where CEOs should start…
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 change 06:21 | The relation between capitalism and technological progress 08:41 | Exploring alternative, less radical solutions 13:32 | The need for a new measurement of economic and social progress 17:08 | The feasibility of a transition to a new system 21:41 | Implications for business leaders 25:35 | Reasons to remain hopeful…
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 governance 06:10 | Common traps of internal governance 07:55 | Best practices for deploying purpose 10:53 | Businesses taking political stances 14:58 | Importance of trust and traps in pursuing it 17:12 | Solutions for businesses to pursue 24:15 | How to apply these lessons in your own work…
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 friction 04:30 | The negative consequences of friction 08:42 | What does good friction look like? 14:14 | How to remove friction 17:22 | What creates friction 19:11 | Removing friction and creating problems 22:04 | Is friction less problematic in a world of AI? 25:26 | How can ideas about friction be applied in academia?…
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