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HBR IdeaCast

The Condensed October 2015 Issue

HBR IdeaCast

Harvard Business Review

Teams, Business/management, Marketing, Strategy, Management, Innovation, Finance, Entrepreneurship, Economics, Hbr, Business/entrepreneurship, Harvard, Business, Leadership, Business/marketing, Communication

4.31.9K Ratings

🗓️ 9 September 2015

⏱️ 19 minutes

🧾️ Download transcript

Summary

Amy Bernstein, editor of HBR, offers executive summaries of the major features.

Transcript

Click on a timestamp to play from that location

0:00.0

When leadership advice feels like buzzwords and platitudes, it's time to get real.

0:05.9

HPR's podcast Coaching Real Leaders brings you behind closed doors as Muriel Wilkins coaches anonymous

0:11.9

leaders through raw honest career questions

0:14.6

that we all face.

0:15.9

Listen and follow coaching real leaders for free

0:18.3

wherever you get your podcasts. Welcome to the HBR Idea Cast from Harvard Business Review.

0:32.8

I'm Sarah Green Carmichael.

0:34.6

I'm back with HBO Editor Amy Bernstein to talk about the October issue.

0:38.9

Amy, thank you so much for talking with us.

0:40.6

Always a pleasure.

0:42.1

So let's start with the big cover story in this issue. This is about

0:45.8

the future and how to survive it. Right. Only that? Yeah, it's a little topic that we're

0:52.0

tackling, but it's why we put it on the cover.

0:56.0

Let me start back in 1980 when global corporate profits started to grow, and we all know about

1:01.2

the long boom, Global corporate profits just took off and

1:06.5

at this point there are about a third of global GDP. The biggest beneficiaries of that growth, Western multinationals, so organizations operating

1:16.4

across Western Europe and North America, whose scale and drive for efficiency have helped them capture more than half of the total.

1:26.0

All that's about to come to an end.

1:29.0

Growth is slowing, costs are rising, new rivals from the tech sector and from emerging economies

1:35.6

or rewriting the playbook for everyone.

1:38.6

The authors of this article are three leaders from the McKinsey Global Institute.

1:44.6

They're Richard Dobbs, Tim Kohler, and Sri Ramaswami.

...

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