No Ordinary Disruption: the four global forces breaking all the trends

Speakers : Richard Dobbs, Jonathan Woetzel, Stephanie Flanders
Recorded on 8 June 2015 at Sheikh Zayed Theatre, New Academic Building
Since the start of the new century, the world has started to change - and radically. The collision of four global forces means we are now living in an era of near constant discontinuity. Competitors can burst upon the scene in a blink of an eye. Businesses that were protected by large and deep moats find that their defences are easily breached. Vast new markets are conjured seemingly from nothing. Five years is an eternity.
In a new book, No Ordinary Disruption, the three leaders of the McKinsey Global Institute, McKinsey's business and economics research arm, argue that the world is now roughly in the middle of a dramatic transition as a result of four fundamental disruptive trends: growth and urbanisation in emerging markets, technological disruption, increasing connectivity, and the ageing of populations. None of these disruptions, on its own, is a surprise. The unique challenge is that they are happening at the same time - and on a huge scale, creating second-, third-, and even fourth-order effects that are scarcely possible to anticipate. As they collide, they will produce change so significant that much of the management intuition that has served us in the past will become irrelevant, causing us to reset our collective intuition.
This event marks the publication of No Ordinary Disruption.
Richard Dobbs is a Director of the McKinsey Global Institute (@McKinsey_MGI), McKinsey & Company’s economics and business research arm, and a Director (Senior Partner) of McKinsey, based in London. He joined the firm in 1988, and more recently from 2004 to 2009 co-led its Corporate Finance Practice. From 2009, Richard has co-led the McKinsey Global Institute, first from South Korea and then from London. He is a co-author of Value, the Four Cornerstones of Corporate Finance, published in November 2010, and his work has appeared in several books, including Valuation: Measuring and Managing the Value of Companies, and Korea 2020 - Global Perspectives for the next decade. Richard received a B.A. in engineering, economics, and management at Oxford University, where he obtained a first-class degree.
Based in Shanghai, Jonathan Woetzel is a director of the McKinsey Global Institute and leads McKinsey research on China, Asia, and global economic and business trends. As leader of the firm’s Cities Initiative, he has conducted more than 60 projects for governments throughout China to support local economic development and transformation. He also supports the transformation of Chinese companies into global leaders.
Stephanie Flanders (@MyStephanomics​) is Managing Director and Chief Market Strategist for the UK and Europe, J.P. Morgan Asset Management. Stephanie was previously the Economics Editor at the BBC. Prior to this, she worked as a reporter at the New York Times, a speechwriter and senior adviser to US Treasury Secretaries Robert Rubin and Lawrence Summers, a Financial Times leader-writer and columnist, and an economist at the Institute for Fiscal Studies and the London Business School.

[@Moviepreviewer92]

Camera man could not go any higher -_- ?

[@londonchemtrails3340]

The LSE is pretty much a logo and everyone thats attends as a student or teachers is obsessed with it.

[@michaelfortunato1860]

Film the ENTIRE slide.

[@PeterSodhi]

Outstanding - highly recommend the book as well full of superb insights.

[@ahtisimolaido1670]

An awesome talk, thank you!

[@conniewalker-carter5835]

Great critique Stephanie Flanders.

[@monsterhigh1975]

ahhh.... Dobbs... hes the man!!!

[@sahrizvi1]

who wants to see rostrum and not full screen ??

[@londonchemtrails3340]

The LSE is pretty much a logo and everyone thats attends as a student or teachers is obsessed with it. The camera person was told to get the logo in, its what matters more than anything to the LSE

[@bnope5t]

terrible camera angle. I want to see the slides not the dude.

[@monsterhigh1975]

yup agree...

[@londonchemtrails3340]

The LSE is pretty much a logo and everyone thats attends as a student or teachers is obsessed with it. The camera person was told to get the logo in, its what matters more than anything to the LSE

[@MSBWilson]

Interesting talk, shame about the twit operating the camera.

[@londonchemtrails3340]

The LSE is pretty much a logo and everyone thats attends as a student or teachers is obsessed with it. The camera person was told to get the logo in, its what matters more than anything to the LSE

[@ivanbajer3693]

and what about water disruption???

[@ErnestOfGaia]

4 more disrupting trends for you. the raw materials and their processing that relies on fossil fuels will not be able to be transported outside the watershed due to a transition to renewable local materials. the fossil fuels used today for transportation will stay in the ground so that we can prevent a 1.5 deg C rise in temp. a growing awareness of the immorality of the fundamentals contradictions within the capitalist economic system will give rise to a new economic system that does not rely on an international monetary system. as the design science of Permaculture takes hold and spreads through the world people will be able to produce an abundance of food on the planet healing ecosystems and local cultures without the need for industrial institutions, GMOs, petroleum based fertilizers, pesticides, herbicides, or banks. your already behind the times. new attributes- people with a developed sense of empathy and a holistic focus will emerge as leaders. a sense of reciprocity will be renewed as economic transactions based on exchange values decrease and use values increase.

[@caseybv74]

"and do you know who said this?" No I can't see the fucking screen.

[@ErnestOfGaia]

I believe my comment below does however support your third attribute, but only because we know there is no such thing as a winner or loser