M&A activity is down, as is private equity investment, and companies are facing a range of new geopolitical tensions. Still, there is a path to growth through M&A for those companies that maintain an active acquisition strategy, understand their capabilities, and avoid certain assets, says McKinsey Senior Partner Jake Henry. On this episode of The McKinsey Podcast, he and McKinsey Senior Partner Mieke Van Oostende join McKinsey Editorial Director Roberta Fusaro to discuss findings from McKinsey’s 2025 M&A report. They also discuss the importance of culture in M&A integrations.

In our second segment, McKinsey Senior Partner Dana Maor shares how CEOs can and should stay connected to their teams.

Articles mentioned:

The cost of compute: A $7 trillion race to scale data centers

In a moment of tariffs, can the world find balance and trust to thrive?

Theme music composed, performed, and produced by Joy Ngiaw

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People are asked to update the operating systems on their phones all the time. What if leaders applied that same kind of polishing and bug fixing to themselves? McKinsey research shows that executives who periodically review and revise their priorities, roles, time, and energy tend to be more productive, work more consciously, and drive change more effectively. In this episode of The McKinsey Podcast, Senior Partner Arne Gast joins McKinsey Editorial Director Roberta Fusaro to discuss how leaders can tune up their own personal operating models.

Articles mentioned:

America at 250

In a moment of tariffs, can the world find balance and trust to thrive?

Theme music composed, performed, and produced by Joy Ngiaw

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Quantum computing has long been technology’s white whale. But in recent months, new developments suggest practical applications for this elusive technology could finally be within reach. “Quantum has been five to ten years away from fruition for many, many decades,” says McKinsey Partner Michael Bogobowicz. “Now it feels three to five years away.” In this episode of The McKinsey Podcast, Bogobowicz joins McKinsey Global Editorial Director Lucia Rahilly to discuss how quantum differs from conventional computing, what its potential use cases are likely to be, and how to prepare for the highs and lows of a world that could move exponentially faster than it does today.

In our second segment we ask, what’s the most important factor in having a successful transformation? McKinsey Senior Partner Michael Bucy says it’s the CEO.

Articles mentioned:

Navigating tariffs with a geopolitical nerve center

The Global Trade Explorer

Theme music composed, performed, and produced by Joy Ngiaw

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