Bonus: Deal Volume - Perspectives on a slower era in private markets

Innovation in online gaming requires keeping up with a broad mix of changes, including digital advances, audience desires, and artistic trends. In this episode, McKinsey innovation expert Erik Roth talks with Mihir Vaidya, the chief strategy officer of Electronic Arts, about these unique aspects of innovating in the gaming industry.   We hope Erik and Mihir’s conversation will be valuable for all executives grappling with the challenges of dynamic and strategic resource allocation and the need to balance investment in growth with sustaining operations. Related Insights Listen to The Committed Innovator  Read the edited transcript of this episode Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

In today's episode, we delve into practical strategies that organizations can implement to effectively manage and adapt during times of uncertainty. We explore a range of approaches, including scenario planning, risk management, cultivating leadership skills, and leveraging technology. Our guests also underscore the critical need for agility and swift decision-making when facing unpredictable conditions. We are joined by McKinsey senior advisor Rear Admiral Wyman Howard III (ret.), Mihir Mysore, a partner in our Houston office who founded and leads our Crisis Response and Resilience Practices globally, Alex Panas, a senior partner in our Boston office who co-leads our Advanced Industries Practice, and Gregory D. Smith, Chairman of American Airlines.   Related reading  How to manage in uncertaintyDiscover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

We are excited to present a special bonus episode of the Deal Volume podcast, which is produced by our Private Capital Practice. Our guest host for this episode is Brian Vickery, a partner in the practice who is joined by the practice's leaders, senior partners Fredrik Dahlqvist and David Quigley, to discuss key insights from the 2024 edition of our Global Private Markets Review. We hope you enjoy this discussion on the latest trends, challenges, and opportunities in the private capital landscape. Related insights: McKinsey Global Private Markets Review 2024: Private markets in a slower era Listen to the Deal Volume podcastDiscover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

Today’s discussion covers several topics from our recent report on top M&A trends. We’re joined by senior partners Jake Henry and Mieke Van Oostende, who co-lead our M&A work globally, and senior partners Michael Birshan and Andy West, who co-lead our Strategy and Corporate Finance Practice. We discuss the changing landscape of M&A, the shift from consolidation to growth and capability building, the importance of integration planning, the role of private equity, and the impact of regulatory review cycles. We also touch upon the concept of 'transact to transform' and the increasing trend of alliances and joint ventures. Related reading Top M&A trends in 2024: Blueprint for success in the next wave of deals Gen AI: Opportunities in M&ADiscover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

The need for board-level strategic conversations on geopolitical risk is urgent. To discuss how boards can guide companies through an increasingly complex geopolitical environment, we’re joined by Jon Huntsman Jr. Jon is a former US governor and diplomat who has spent nearly two decades in US public service at the state, national, and international levels. He sits on the boards of Ford, Mobileye, and Chevron, and is also the Vice Chairman of MasterCard. We're also joined by Ziad Haider, a partner in our Singapore office who co-leads our Geopolitics Practice, and Celia Huber, a senior partner in our Bay Area location who leads our North American Board Services Practice. Further reading: Black swans, gray rhinos, and silver linings: Anticipating geopolitical risks (and openings) How global companies can manage geopolitical risk  Boards can guide companies through geopolitical headwinds Geopolitical resilience: The new board imperative How three global companies navigate geopolitical risk to build resilienceDiscover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

Midcap companies have vast opportunities to increase their performance and scale if they reinvent how they work. Midsize companies don’t dominate the headlines and investor attention the way large corporations do, but they represent more than 40 percent of the global workforce and account for approximately one-third of most economies’ GDP. However, the productivity of small and midsize businesses is only half that of large companies, and lower in emerging economies. These businesses have vast opportunities to increase their performance and scale. In this episode, we discuss how midcaps can seize the opportunity to transform themselves and reach a significantly higher level of performance. Joining us are Zakir Gaibi, a senior partner in McKinsey’s Johannesburg office, Mauricio Janauskas a senior partner in the Santiago office, and Kedar Naik is a partner in the Brussels office. You can read their article Unleashing the power of midcap companies on McKinsey.com Join the McKinsey Transformation community on LinkedIn.Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

Generative AI poses both risks and opportunities. Ida Kristensen and Oliver Bevan join us to discuss how we can mitigate the former while moving to capture the latter from day one. Ida Kristensen is a senior partner in our New York office. She coleads the Risk & Resilience Practice and advises leading financial institutions on cybersecurity, strategies for risk management, regulatory compliance, and operational improvement. Oliver Bevan is a partner in our Chicago office and a leader in our Risk and Resilience and Technology Practices. He leads our client work at the intersection of technology and risk, focusing on generative AI, data privacy, third party management, and trust and safety. Ida and Oliver’s article, Implementing generative AI with speed and safety is available on McKinsey.com Related reading: The economic potential of generative AI: The next productivity frontier A generative AI reset: Rewiring to turn potential into value in 2024Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

M&A dealmakers have been on a wild ride. From the pandemic-fueled rout in 2020 to 2021’s record-breaking recovery, followed by a steep decline in 2023, the global M&A market has offered something of a masterclass in volatility. In this episode, we are joined by senior partners Jake Henry, Mieke Van Oostende, and Andy West to discuss the trends in the global M&A environment in 2024 and what they mean for business leaders. Jake and Mieke recently published a report on McKinsey.com, Top M&A trends in 2024: Blueprint for success in the next wave of deals, which forms the basis for our discussion. The report also includes a compendium of articles analyzing deal activity in the chemicals, tech media and telecom, life sciences, financial services, consumer goods, and transport and logistics industries in 2023.   Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

Private equity firms have a well-earned reputation for elevating the performance of the companies they invest in. A cornerstone of their strategy is a relentless pursuit of operational excellence to drive efficiency and productivity. In this episode, we analyze what public company CEOs can glean from the private equity playbook to enhance their own company's performance. Our guests are John Kelleher and Radhika Ray.    John is a senior partner in our Private Equity Special Operations group and serves as an interim in-house executive helping companies execute large PE-style transformations. John has served in multiple executive roles in the private equity industry—including as CEO—and is co-founder of the PE-CEO Alpha Institute, a partnership between McKinsey and Harvard Business School to train private equity portfolio company CEOs.  Radhika is a partner in our Private Equity group and has over 15 years of experience in the private equity sector. She helps our clients with large-scale transformations and oversees the service line, implementing rapid labor productivity improvements.Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

CEOs and CFOs are redefining their interactions with the board to ensure success in an era of rapid change. Joining us to delve into this growing trend of collaboration between CEOs, management teams, and boards are Celia Huber, leader of our North American board services practice, along with Michael Birshan and Andy West, the co-leaders of our Strategy and Corporate Finance Practice.    Related reading:  The board’s role in building resilience https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/the-boards-role-in-building-resilience Five ways to increase your board’s long-term impact https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/five-ways-to-increase-your-boards-long-term-impact The role of the board in preparing for extraordinary risk https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/the-role-of-the-board-in-preparing-for-extraordinary-risk  Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information