Topic
7 facts from 1 episode, in date order. These are what speakers said on the shows, each linked to the moment it was said. They aren't independently verified.
2000-2020
Andy West says the economic profit of top-quintile companies rose by 245 over roughly 20 years, widening the gap between winners and losers.
“And what you see over the last 20 years is that that distribution has increased in the positive by 245.”
2000-2020
Andy West says the economic profit of the bottom quintile of companies fell by 170 over the same period.
“the bottom quintile, the losers have decreased by 170, the losers are losing even more.”
2010-2025
Andy West says McKinsey's data show about a 40% decrease in the quality of strategy over the period.
“40% decrease in the quality of strategy. So we're in this golden age of strategy potentially, and yet the quality of strategy is decreasing.”
Undated
Andy West says the widening gap in economic profit persists after controlling for the Magnificent Seven and for industry.
“Now, when you control for the Magnificent Seven, when you control for all of the different industries out there, this phenomenon is happening all over the place.”
Undated
Andy West says investor calls show a 31 percent increase in discussion of topics like AI transformation and ESG rather than core strategy topics.
“You see a thirty one percentage increase uh in topics like AI transformation, ESG, not the core business topics or strategy topics that you'll norm normally see.”
Undated
Andy West says corporate competitive advantage is eroding at a very rapid rate.
“corporate competitive advantage is eroding at an incredibly rapid rate.”
Undated
Andy West is a McKinsey senior partner in Boston who co-leads the firm's global strategy and corporate finance practice.
“Andy is a senior partner based in our Boston office and co-leads our strategy and corporate finance practice globally.”
Episodes