1987
Antoine Montard cited Robert Solow's 1987 remark that the computer age was visible everywhere except in the productivity statistics.
“In the 1987, Robert Solow famously said that you can see the computer age everywhere, but in the productivity statistics”
Antoine Montard · 300. The CEO’s agenda for thriving in the agentic age, 0:16:18
Undated
Antoine Montard states that McKinsey defines strategy as a coherent set of hard-to-reverse choices made ahead of time under uncertainty to create and capture economic surplus.
“strategy is a coherent set of hard reverse choices made ahead of time in the face of uncertainty to create and capture economic surplus”
Antoine Montard · 240. Improving strategy with AI, 0:03:06
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Antoine Montard describes the McKinsey strategy method as having three broad stages, starting with designing the strategy.
“So the strategy method has kind of three broad stages. I'll go through it quickly.”
Antoine Montard · 240. Improving strategy with AI, 0:04:44
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Antoine Montard says the middle stage of the strategy method, mobilizing for execution, is often overlooked and should not be under-invested in.
“Often kind of we we we talk about strategy and execution and we we miss the middle stage”
Antoine Montard · 240. Improving strategy with AI, 0:05:18
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Antoine Montard lists clear accountability and team empowerment as common elements of mobilizing a strategy for execution.
“you need kind of clear accountability and empowerment of your teams to execute.”
Antoine Montard · 240. Improving strategy with AI, 0:05:45
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Antoine Montard argues that as AI automates analysis, creativity and innovation become more valuable for strategists.
“The imperative here is is that creativity and innovation will come at a premium.”
Antoine Montard · 240. Improving strategy with AI, 0:30:35
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Antoine Montard says McKinsey's ten tests of strategy are described in a document of about forty pages.
“And we have kind of a vertical document that that goes through kind of the logic of it. It's about forty pages.”
Antoine Montard · 240. Improving strategy with AI, 0:35:26
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Antoine Montard says a colleague built an agent in about ten minutes or less that assessed a company's strategy against McKinsey's ten tests.
“it it took him probably no more than ten minutes to do that, and it's repeatable, right?”
Antoine Montard · 240. Improving strategy with AI, 0:35:52
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Antoine Montard said steam engines were first used to pump water out of mines and later replaced water mills in factories.
“If you think about steam engines, that were first used to pump water out of mines, and then they replaced water mills in factories.”
Antoine Montard · 300. The CEO’s agenda for thriving in the agentic age, 0:15:07
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Antoine Montard said e-commerce took about twenty years to reach roughly 10% of retail.
“e commerce took about twenty years to represent about 10% of, uh, retail.”
Antoine Montard · 300. The CEO’s agenda for thriving in the agentic age, 0:16:45
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Antoine Montard said John Maynard Keynes predicted productivity growth would reduce the working week to fifteen hours by the year 2000, which did not happen.
“in 1920, uh, Keynes, uh, predicted that thanks to productivity growth, by the year 2,000, we would be only working fifteen hours a week.”
Antoine Montard · 300. The CEO’s agenda for thriving in the agentic age, 0:23:34
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Antoine Montard said AI reduces transaction costs such as searching, evaluating, contracting and switching suppliers, which could undermine intermediary business models.
“AI fundamentally reduces transaction cost, that's the cost of searching, evaluating, uh, contracting, switching suppliers.”
Antoine Montard · 300. The CEO’s agenda for thriving in the agentic age, 0:19:54