Special episode: 2026 Davos highlights

Companies backed by private equity (PE) tend to transform faster and more often than public or family-owned firms do, leading to consistently outperforming their peers. Marla Capozzi and Sacha Ghai, McKinsey leaders, researched nearly 300 CEOs across PE and private-capital companies to define their tactics and share their best practices with others. They and their coauthors published the findings in a recent Harvard Business Review article, and in this episode of The McKinsey Podcast, they speak with Editorial Director Roberta Fusaro about lessons from PE that any company can implement. Theme music composed, performed, and produced by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

Many leaders can get agentic pilots rolling—but realizing ROI can mean activating thousands of AI agents enterprise-wide. Is your organization ready? “Agency isn’t a feature—it’s a transfer of decision rights,” says McKinsey Partner Rich Isenberg. “The question shifts from ‘Is the model accurate?’ to ‘Who’s accountable when the system acts?’” On this episode of The McKinsey Podcast, Isenberg joins Global Editorial Director Lucia Rahilly to explore how leaders can scale AI safely, mitigate risk for autonomous systems, and build the trust required to make innovation stick. Theme music composed, performed, and produced by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

McKinsey research has found that while many leaders believe they’ve adopted and implemented productive mindsets for growth, those attitudes and ambitions don’t always translate into the behaviors and actions necessary to achieve their growth objectives. On this episode of The McKinsey Podcast, Editorial Director Roberta Fusaro speaks with McKinsey Senior Partners Greg Kelly and Jill Zucker about how leading organizations translate growth intent into sustained performance. In part, it involves making clear bets, allocating resources deliberately, and staying committed through uncertainty. Theme music composed, performed, and produced by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

On this episode of The McKinsey Podcast, Lars Hartenstein, senior fellow at the McKinsey Health Institute, and Roberta Fusaro, an editorial director at McKinsey, discuss the findings from McKinsey’s recent research on obesity and metabolic health—specifically, the potential interventions for sparking a metabolic health revolution, the economic impact of improving outcomes, and the technologies that are emerging as the connective tissue between prevention and treatment. Theme music composed, performed, and produced by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

This is a special episode of The McKinsey Podcast covering last week’s meeting of the World Economic Forum in Davos. McKinsey Senior Partners Becca Coggins and Shelley Stewart III speak with Global Editorial Director Lucia Rahilly about what was top of mind for CEOs—from geopolitics to leading through the AI moment to the faster-than-expected arrival of humanoid robots at scale. Theme music composed, performed, and produced by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

AI has yet to deliver the ROI many leaders expected. What are they getting wrong? “This is probably the biggest, most complex transformation we’ve seen—but it’s 80 percent business transformation and 20 percent tech,” according to McKinsey’s North America Chair Eric Kutcher. “That’s different from how most people have thought about it.” On this episode of The McKinsey Podcast, Eric speaks with Global Editorial Director Lucia Rahilly about how CEOs can deliver on AI’s revolutionary potential—and meet this “legacy moment” successfully. Theme music composed, performed, and produced by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

McKinsey’s Bill Wiseman, Bob Sternfels, Martin Kellner, and Steffen Fuchs were on the ground at this year’s Consumer Electronics Show in Las Vegas. In this special episode of The McKinsey Podcast, they tell us about the tools and themes that most resonated with them—breakthrough AI applications, advances in mobility, and more. Theme music composed, performed, and produced by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information

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

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

Banking has had a couple of very good years—the best, in fact, since the global financial crisis of 2007–09. Yet to some, the industry’s outlook seems less buoyant than recent profitability might suggest. On this episode of The McKinsey Podcast, McKinsey Senior Partners Klaus Dallerup and Pradip Patiath speak with McKinsey Global Editorial Director Lucia Rahilly about McKinsey’s latest global banking annual review, breaking down the sources of skepticism, the risks and opportunities of a changing landscape, and lessons leaders can take from banks that have consistently outperformed over the past decade. Articles mentioned: M&A Annual Report: Is the wave finally arriving? Investing in housing: Unlocking economic mobility for Black families and all Americans Theme music composed, performed, and produced by Joy Ngiaw.See www.mckinsey.com/privacy-policy for privacy information