Introduction

There are 3 large global management consulting firms considered to be the most prestigious; McKinsey & Company, Boston Consulting Group and Bain & Company. So we’re pleased to feature McKinsey’s Michael Birshan in this conversation, who explains some of the dynamics in the industry and how McKinsey is approaching the challenges and opportunities of 2023.

Michael specifically highlights the transition to net zero, and its immense financial implications. He discusses the new markets - like carbon management and natural capital - that are emerging, through to the challenges surrounding incumbents in making necessary shifts (‘better to disrupt yourself than be disrupted’, he notes).

There follows a wide-ranging discussion on potential resource shortfalls, the challenge facing corporations in driving innovation, onshoring, talent acquisition, and reinvigorating the languishing UK & mainland Europe public equity markets.

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The Money Maze Podcast is kindly sponsored by Schroders,  Bremont Watches, LiveTrade and Mintus.