Thinkers & Ideas – Details, episodes & analysis

In The Great Disconnect: Hopes and Fears After the Excess of Globalization, Marco Magnani explores the factors that are driving the crisis of globalization we are currently experiencing.

Magnani teaches international economics at LUISS University in Rome and Università Cattolica in Milan. Previously, he was a senior research fellow at the Harvard Kennedy School of Government and worked in investment banking for two decades. In his new book, he discusses the history of internationalization and the benefits that modern globalization has brought—as well as the drawbacks that have become increasingly apparent.

Together with Martin Reeves, Chairman of the BCG Henderson Institute, Magnani discusses the causes of the increasing global disconnect—beyond U.S.-China tensions. He also lays out four scenarios for how globalization may play out, as well as practical tips for how executives can prepare for these different futures in a time of deep uncertainty.

Key topics discussed: 

01:19 | The great disconnect

04:13 | The benefits and downsides of modern globalization

07:21 | Future scenarios for globalization

13:28 | What the history of internationalization reveals about where we are heading

15:25 | Implications of AI for globalization

16:33 | How globalization or de-globalization might play out in practice

21:10 | Implications for businesses

Additional inspirations from Marco Magnani:

• Making the Global Economy Work for Everyone: Lessons of Sustainability from the Tech Revolution and the Pandemic (Palgrave Macmillan, 2022)
• Creating Economic Growth: Lessons for Europe (Palgrave Macmillan, 2014)

In Assembling Tomorrow: A Guide to Designing a Thriving Future, Carissa Carter and Scott Doorley explore the intangible forces that make it hard to anticipate how new technologies create impact and what we can do about this challenge during the design process for new applications.

Carter is the Director of Teaching and Learning at the Hasso Plattner Institute of Design at Stanford – also known as the Stanford d.school. Doorley is a Creative Director at the d.school, having previously worked in the film industry for more than a decade.

Together with Martin Reeves, Chairman of the BCG Henderson Institute, they discuss how designers, technologists, and corporate leaders can more effectively harness transformative technologies like AI and artificial biology by giving more weight to non-technical factors like emotions, perceptions, imagination, and serendipity.

Key topics discussed: 

01:23 | The problem of runaway design

03:16 | The forces that make technology impact unpredictable

09:17 | The role of emotions in design

11:59 | Why we are not thinking about unpredictability in designing technologies

15:17 | Potential solutions to new design problems

22:22 | Applying these solutions to AI

24:20 | Implications for businesses

Additional inspirations from Scott Doorley: 

• Make Space: How to Set the Stage for Creative Collaboration (Wiley, 2011)

Additional inspirations from Carissa Carter:

• The Secret Language of Maps: How to Tell Visual Stories with Data (Ten Speed Press, 2022)

In The Intelligence of Intuition, Gerd Gigerenzer challenges a commonly held view of intuition—namely, that it is somehow inferior to logical rationality.

Gigerenzer is director of the Harding Center for Risk Literacy at the University of Potsdam, director emeritus of the Center for Adaptive Behavior and Cognition at the Max Planck Institute for Human Development, and an expert on human decision-making. He argues that intuition is a form of unconscious intelligence shaped experience and evolution in dealing with uncertain and dynamic situations—situations for which logic and algorithms are often ill-fitted. As leaders deal with uncertainty and complexity and embrace new AI technologies, they must not forget the power of intuition.

Together with Martin Reeves, Chairman of the BCG Henderson Institute, Gigerenzer explores the power of intuition, when to use it in business, and how to cultivate and employ it.

Key topics discussed: 

01:23 | Difference between intuition and rationality

04:49 | Role of heuristics

06:29 | Why intuition is often looked down upon

08:06 | Power of intuition

15:21 | How to use intuition in business

18:45 | Distinguishing right intuition from wrong intuition

25:12 | Considering how AI use intuition

Additional inspirations from Gerd Gigerenzer:

• How to Stay Smart in a Smart World: Why Human Intelligence Still Beats Algorithms (The MIT Press, 2022)
• Gut Feelings: The Intelligence of the Unconscious (Penguin Books, 2008)
• Calculated Risks: How to Know When Numbers Deceive You (Simon & Schuster, 2003)

Jeffrey D. Sachs is a Professor of economics and Director of Center for Sustainable Development at Columbia University. He is considered to be one of the world’s leading experts on economic development, global macroeconomics, and the fight against poverty.

In this discussion with Martin Reeves, Chairman of the BCG Henderson Institute, he discusses insights from his new book, The Ages of Globalization, which describes the dynamics of globalization across history and how it has influenced and has been influenced by economy, culture, geography and technology.

In particular he describes the opportunities and challenges of the current digital age, and discusses possible solutions, including the social role and contribution of corporations.

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About the BCG Henderson Institute

The BCG Henderson Institute is the Boston Consulting Group’s think tank, dedicated to exploring and developing valuable new insights from business, technology, economics, and science by embracing the powerful technology of ideas. The Institute engages leaders in provocative discussion and experimentation to expand the boundaries of business theory and practice and to translate innovative ideas from within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.

Gary Hamel and Michele Zanini's forthcoming book, Humanocracy: Creating Organizations as Amazing as the People Inside Them, highlights bureaucracy's social, economic and strategic shortcomings and proposes 'humanocracy' as an alternative management model.

In this discussion with Martin Reeves, Chairman of the BCG Henderson Institute, Gary Hamel discusses why companies need to tackle bureaucracy's shortcomings and shares examples of vanguard firms which have managed to make steps towards realizing the principles of humanocracy.

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About the BCG Henderson Institute

The BCG Henderson Institute is the Boston Consulting Group's think tank, dedicated to exploring and developing valuable new insights from business, technology, economics, and science by embracing the powerful technology of ideas. The Institute engages leaders in provocative discussion and experimentation to expand the boundaries of business theory and practice and to translate innovative ideas from within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter: @BCGHenderson

Peter J. Williamson is Professor of International Management at the University of Cambridge, Judge Business School and Fellow of Jesus College.

He is the coauthor of a new book, Ecosystem Edge, which focuses on how to start and manage ecosystems. In this discussion with Martin Reeves, Chairman of the BCG Henderson Institute, he discusses insights from the book, including ecosystem strategy and innovation.

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About the BCG Henderson Institute

The BCG Henderson Institute is the Boston Consulting Group’s think tank, dedicated to exploring and developing valuable new insights from business, technology, economics, and science by embracing the powerful technology of ideas. The Institute engages leaders in provocative discussion and experimentation to expand the boundaries of business theory and practice and to translate innovative ideas from within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.

Alex Osterwalder is an author, entrepreneur, and leading thinker on business strategy and innovation. He is the co-founder of Strategyzer and creator of the Business Model Canvas, a tool for designing and mapping business models.

Osterwalder is coauthor of a new book, The Invincible Company, which decodes how some of the world’s leading companies have built superior business models and reinvented themselves, and the lessons that other organizations can learn. In this discussion with Martin Reeves, Chairman of the BCG Henderson Institute, Osterwalder discusses insights from the book, including innovation strategy, organization, and how to balance exploration and exploitation.

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About the BCG Henderson Institute

The BCG Henderson Institute is the Boston Consulting Group’s think tank, dedicated to exploring and developing valuable new insights from business, technology, economics, and science by embracing the powerful technology of ideas. The Institute engages leaders in provocative discussion and experimentation to expand the boundaries of business theory and practice and to translate innovative ideas from within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.

Earlier this year, Philipp Carlsson-Szlezak rejoined BCG as Chief Economist, Managing Director and Partner based in New York, and head of the Center for Macroeconomics at the BCG Henderson Institute. No one could have imagined how quickly his focus would shift to the COVID-19 pandemic. In this special episode of the BHI podcast, Rich Lesser, CEO of BCG, and Philipp discuss frequently asked questions they are hearing from BCG's clients about the global crisis, what makes this situation unique from an economic perspective, and thoughts on re-opening economies around the world. Listen now and learn more.

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About the BCG Henderson Institute

The BCG Henderson Institute is the Boston Consulting Group’s think tank, dedicated to exploring and developing valuable new insights from business, technology, economics, and science by embracing the powerful technology of ideas. The Institute engages leaders in provocative discussion and experimentation to expand the boundaries of business theory and practice and to translate innovative ideas from within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.

Jørgen Vig Knudstorp, Executive Chairman of LEGO Brand Group, recently had a discussion with Martin Reeves, Chairman of the BCG Henderson Institute, about LEGO’s response to the COVID-19 crisis and preparing for the more permanent shifts in the post-COVID era.

Knudstorp discussed changes that are emerging in customer behavior, such as a significant increase in online sales channels, and LEGO’s efforts to increase its technology investments. He also spoke about the importance of “entertaining the inconceivable”—using imagination to think about not only what could go wrong but also to uncover new opportunities.

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About the BCG Henderson Institute

The BCG Henderson Institute is the Boston Consulting Group's think tank, dedicated to exploring and developing valuable new insights from business, economics, technology, and science by embracing the powerful technology of ideas. The Institute engages leaders in provocative discussion and experimentation to expand the boundaries of business theory and practice and to translate innovative ideas from within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter: @BCGHenderson

Business leaders around the globe are dealing with the unprecedented challenges that the COVID-19 outbreak has brought to companies, economies, and societies. 

Marco Alverà, Chief Executive Officer of Snam, one of the world's leading energy infrastructure companies, recently sat down virtually with Martin Reeves, Chairman of the BCG Henderson Institute, to discuss Snam's response to the crisis.

Alverà discussed Snam's crisis management measures, as well as opportunities he and his team have identified amid the uncertainty, and his thoughts on how the world might look different after the pandemic.

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About the BCG Henderson Institute

The BCG Henderson Institute is the Boston Consulting Group’s strategy think tank, dedicated to exploring and developing valuable new insights from business, technology, and science by embracing the powerful technology of ideas. The Institute engages leaders in provocative discussion and experimentation to expand the boundaries of business theory and practice and to translate innovative ideas from within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter: @BCGHenderson