M&A activity is down, as is private equity investment, and companies are facing a range of new geopolitical tensions. Still, there is a path to growth through M&A for those companies that maintain an active acquisition strategy, understand their capabilities, and avoid certain assets, says McKinsey Senior Partner Jake Henry. On this episode of The McKinsey Podcast, he and McKinsey Senior Partner Mieke Van Oostende join McKinsey Editorial Director Roberta Fusaro to discuss findings from McKinsey’s 2025 M&A report. They also discuss the importance of culture in M&A integrations. In our second segment, McKinsey Senior Partner Dana Maor shares how CEOs can and should stay connected to their teams with Managing Editor of Podcasts, Laurel Moglen. (Starts at 15:58) Articles mentioned: The cost of compute: A $7 trillion race to scale data centers In a moment of tariffs, can the world find balance and trust to thrive? Theme music composed, performed, and produced by Joy NgiawSee www.mckinsey.com/privacy-policy for privacy information
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20:56
Don’t get stuck in a rut—update how you operate
People are asked to update the operating systems on their phones all the time. What if leaders applied that same kind of polishing and bug fixing to themselves? McKinsey research shows that executives who periodically review and revise their priorities, roles, time, and energy tend to be more productive, work more consciously, and drive change more effectively. In this episode of The McKinsey Podcast, Senior Partner Arne Gast joins McKinsey Editorial Director Roberta Fusaro to discuss how leaders can tune up their own personal operating models. Articles mentioned: America at 250 In a moment of tariffs, can the world find balance and trust to thrive? Theme music composed, performed, and produced by Joy NgiawSee www.mckinsey.com/privacy-policy for privacy information
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18:46
Quantum computing: Game on
Quantum computing has long been technology’s white whale. But in recent months, new developments suggest practical applications for this elusive technology could finally be within reach. “Quantum has been five to ten years away from fruition for many, many decades,” says McKinsey Partner Michael Bogobowicz. “Now it feels three to five years away.” In this episode of The McKinsey Podcast, Bogobowicz joins McKinsey Global Editorial Director Lucia Rahilly to discuss how quantum differs from conventional computing, what its potential use cases are likely to be, and how to prepare for the highs and lows of a world that could move exponentially faster than it does today. In our second segment we ask, what’s the most important factor in having a successful transformation? McKinsey Senior Partner Michael Bucy says it’s the CEO. Articles mentioned: Navigating tariffs with a geopolitical nerve center The Global Trade Explorer Theme music composed, performed, and produced by Joy NgiawSee www.mckinsey.com/privacy-policy for privacy information
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24:18
The fashion industry faces a world in flux
One thing is clear for the fashion industry in 2025. Due to climate change, global trade uncertainties, and consumers focused on value, growth is expected to be slow. However, despite the negative environment, McKinsey Senior Partner, Gemma D’Auria says there are opportunities to mine. On this episode of The McKinsey Podcast, she speaks with Global Editorial Director Lucia Rahilly about our latest state of fashion research and how brands can navigate the challenges. Theme music is composed, performed, and produced by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information
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27:35
When the career ladder breaks for women—and how to succeed anyway
Career advancement is tough for everyone—but for women, it can feel particularly elusive. There’s a reason for that, according to the new book The Broken Rung: for every 100 men promoted early in their careers, only 81 women experience that same opportunity. On this episode of The McKinsey Podcast, the book’s authors, McKinsey Senior Partners Kweilin Ellingrud, Lareina Yee, and María del Mar Martínez, join McKinsey Global Editorial Director Lucia Rahilly to discuss the challenges that can limit professional women’s progress—as well as the approaches some have used to find their footing and continue to climb the career ladder successfully. ***** What's new on McKinsey.com? Beyond the start-up phase: Recipes for growth at mobility companies European automotive industry: What it takes to regain competitive Theme music is composed, performed, and produced by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information
The McKinsey Podcast, our new flagship podcast series, takes you inside our global firm, and features conversations with experts on issues that matter most in business and management. McKinsey & Company is a management-consulting firm that helps businesses, governments, and not-for-profit organizations realize their most important goals. Topics covered in this series include strategy, technology, leadership, marketing, operations, organization, and the role of business in society.
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