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Past Events | 2012
January 25, 2012
McKinsey on Global Forces and US Competitiveness
San Francisco
KPMG
55 Second Street, 10th Floor
San Francisco, CA 94105
5:30pm - 7:30pm
5:30pm - Networking & Hors d’oeuvres
6:00pm - Welcome & Introductions
6:30pm - Program
7:30pm - Adjournment
Cost: $60 member $75 nonmember
McKinsey on Global Forces & US Competitiveness
It used to take roughly six months for employment in the United States to recover after a recession. But in recent recessions, that span of time has increased dramatically.
The United States faces an immediate challenge: finding employment for 7 million people still out of work from the 2008-2009 recession and reviving robust job creation in the decade to come. Simply employing a nation's people is not enough. In a globalized, information-age economy, there is no more economic priority than building a strong workforce.
To understand how America might meet these challenges, Lenny Mendonca and Elizabeth Stephenson will share research by the McKinsey Global Institute that combines extensive sector analysis, a proprietary survey of business leaders and McKinsey's own scenario analysis and modeling to shed new light on how companies use labor, where new jobs are likely to come from and what conditions are needed to ensure robust and sustainable job creation. They will also discuss the changing nature of work and its implications for companies.
Moderator: Jeff Hodge, Vice Chairman & Managing Director of Diversified Search, an Executive & Board Search Firm. Jeff has spent over 30 years with leading executive search firms. His executive search practice focuses on Chief Executive Officer assignments and Corporate Directors.
Presenters: Lenny T. Mendonca is a director (senior partner) in the Washington D.C. and San Francisco offices of McKinsey & Company, a global management consulting firm.
Lenny is currently the leader of McKinsey’s U.S. state and local public sector practice. For many years Lenny led the Firm’s knowledge development efforts overseeing the McKinsey Global Institute and the Firm's communications, which includes the McKinsey Quarterly, and has served for a decade on the McKinsey Shareholder Council (its board of directors). His client work focuses on service to public sector organizations, and over the course of his career he has helped dozens of government, corporate, and nonprofit clients solve their most difficult management challenges.
Lenny is the Chairman Emeritus of the Bay Area Council and the Economic Institute of the Bay Area, and was vice-chair of the Stanford Graduate School of Business Advisory Council. He serves on the boards of The New America Foundation, The Committee for Economic Development, Common Cause, California Forward, the Bay Area Science and Innovation Consortium, ChildrenNow, and The California Business for Educational Excellence Foundation.
Elizabeth Stephenson is a Principal in McKinsey & Company’s Strategy Practice, where she serves clients on long-term strategy and strategic growth topics. She co-founded and now helps lead McKinsey’s Global Forces service-line, McKinsey’s center focused on emerging future trends and scenarios. In this role, she has worked with a wide range of corporate and institutional clients, helping evaluate how the shifting global economic, social, and technological landscape is likely to affect both the opportunities and risks those clients are likely to face in the future.
Prior to joining McKinsey, Elizabeth was the co-author of RealAge: Are You As Young As You Can Be?, a consumer health book that went on to become both a number one New York Times bestseller. consumer health book of 1999. Elizabeth subsequently helped found online health publisher, RealAge.com, which was recently acquired by Hearst Communications for nearly $100 million.
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