McKinsey & Co.

Ian Davis is McKinsey's tenth managing director. A British national, Ian has been with the firm for more than 25 years and was formerly head of McKinsey's London office. Although he remains based in London, Ian spends a significant amount of time travelling to visit McKinsey offices and clients around the world. Speaking about his role, Ian has said, "A managing director is a servant leader: elected, not appointed. The managing director role reflects the contrasts between a partnership and a corporation. To me, one of the joys of being a private partnership is that we can set our own objectives and metrics, consistent with our values. I believe that the firm's strategy and direction are deeply embedded in our mission and values . My primary focus is on the future health of the firm, rather than short-term performance." As McKinsey's leader, Ian challenges firm members to think about and embrace Distinctiveness, Values and Innovation in all that they do. These are his three priority themes, outlined in 2003, his first year as managing director. Ian defines 'distinctiveness' as the aspiration that in everything we do people will say, "Only McKinsey could do that." The quest for innovation is a charge by Ian to experiment more and try new ideas and approaches to client service so that the firm remains fresh, vibrant, and relevant to our clients. Ian emphasizes the importance of knowledge development by publishing articles in external publications a couple times a year. Recently authored pieces from the Financial Times and The Economist are available below.

Pierre is the Managing Director from the Belgian practice of McKinsey & Company. He joined McKinsey in 1987 with a MBA from Harvard Business School and a degree in Commercial Engineering from the Free University of Brussels (V.U.B.). Before McKinsey, he served as an officer in the Belgian armed forces in Germany, commanding a platoon of armored cavalry. He is one of the leaders of the European retail practice, and has extensively served a large number of European retailers in grocery, apparel, do-it-yourself, specialty and food service on matters of strategy, format renewal, operational improvements and organization. Pierre also leads the Leadership Practice in Europe, focusing on building personal and institutional client leadership capabilities. Additionally, he also has extensive experience in serving payment players, luxury goods companies, packaged goods clients and financial institutions. He is also actively involved in a major country transformation project for the Republic of Armenia through the think tank "Armenia 2020", which he co-founded.

Byron is one of the original founders of Hope Street Group and Chairman of the Board of Directors. A co-creator of the "Building the Opportunity Economy" policy package, he also co-authored the opinion piece in the Boston Globe entitled "The Biggest Tax is Debt", and has represented Hope Street Group in coalition-building discussions with political and business leaders and the media. Byron is the senior partner in the Los Angeles Office of McKinsey & Company, where he was elected Principal in 1999, and Director in 2005. He is also the lead manager for McKinsey's newly created global Social Sector office. His client work focuses on helping technology, media, and services companies to achieve faster growth, greater productivity, and higher profitability. He also specializes on how to build information and services businesses across a wide range of industries. In addition, Byron helps public sector and non-profit clients to improve their delivery of services. Since starting at McKinsey, he has founded McKinsey's High Tech Services Sector, co-leads its High Tech Knowledge Committee, has served on the global committees that elect and evaluate new partners, and leads the firm's Diversity initiative globally. Before joining McKinsey & Company in 1993, Byron worked as an economist in international trade, finance, and economic development at the African Development Bank, at LMC International, and at Oxford University. Byron is an active writer and public speaker on the impact of globalization, deregulation, and technology changes on industry structure, corporate strategy, and public policy. Most notably, he authored the publications "A Revolution in Interaction" (1997), a seminal analysis of the emerging new economy; "What's So New About Globalization?" (1998), a widely cited synthesis of global economic trends and their implications; "The Other Side of Outsourcing" (2001), an analysis of success factors in developing, marketing, and selling outsourced services; "The Right Services Strategy for Product Companies" (2006); and The Economics of International Payments Unions and Clearing Houses, published by MacMillan Press (1997). Byron serves on the Board of Directors of the Pacific Council on International Policy. He is a member of the Board of Trustees of The William and Flora Hewlett Foundation, and serves on the Board of Directors for Big Brothers Big Sisters of Greater Los Angeles and the Inland Empire. He has worked closely with the Mayor of Los Angeles on a range of strategic and performance management issues for the city, and serves with other senior business leaders on the Los Angeles Economy and Jobs Committee. He is a Senior Fellow at the UCLA School of Public Affairs for 2006-07. Byron received a B.A. in economics and political science summa cum laude from Yale University, where he was chosen as a Truman Scholar, and a M. Phil. and D.Phil. (doctorate) in economics from Oxford University, where he was a Marshall Scholar.

Kate McCann has been providing management, strategic and financial expertise to some of Australia's top companies for a significant period. Kate holds degrees in Business Management, Science and Finance, with a distinguished career in management consultancy, culminating in her appointment as partner of the firm McKinsey & Company. Kate is one of Sydney's top strategic, management and HR experts with her experience spanning a number of key industries, including IT, insurance, retail, finance and banking.

Lee Kempler is a Partner in McKinsey & Company's New York office. He has spent most of his career serving clients in the financial institutions arena on a range of strategy, operations, and organization issues. In 2004, Lee was appointed McKinsey's Director of Knowledge, with global responsibility for the people, processes, and technology associated with building and maintaining the Firm's proprietary knowledge. Lee has also been active in serving nonprofit institutions in New York City. Lee first joined McKinsey in 1986, rejoined after attending graduate school in 1991, and was elected Partner in 1997. In addition to New York, Lee has worked in McKinsey's London and Johannesburg offices. Lee holds a B.A. in Mathematics and French, a B.S. in Economincs, and an M.B.A. in Finance from the University of Pennsylvania. In addition, he holds an M.A. in International Relations from the School of Advanced International Studies at Johns Hopkins University.

In his book The Will to Lead, Marvin Bower, McKinsey's managing partner from 1950 to 1967, urges senior managers to abandon command-and-control structures and adopt a program to develop leaders, starting with themselves. In this excerpt, he explores the attributes of leadership.

Pat Butler is a senior Partner of McKinsey and Company Inc., based in London. He specialises in financial services and leads McKinsey?s European Retail Banking practice, having previously led the UK financial services practice. He has served banking and insurance clients in the UK, US, Middle East, South Africa, Australia and several European countries, as well as clients in a range of other industries. Born in 1960, Pat was educated at University College, Dublin and has been a Partner of McKinsey since 1993. He is married with children and enjoys climbing, skiing and most winter sports. David is an independent consultant specialising in the funding and governance of charities and social enterprises. His clients have included the UK Treasury, the first venture philanthropy ?pooled? fund in the UK, the Big Lottery Fund, Arts & Business, the European Foundation Centre and many endowed and corporate foundations in the UK. David also works as a ?mentor/adviser? for senior staff in several charities. He has been Chief Executive of three foundations including the Baring Foundation (1992-8). He is a Governor of London South Bank University, Chair of Allavida (the publishers of the journal Alliance) and of Engage (the association of people working in gallery education), the National Foundation for Youth Music and the National Youth Orchestra of Great Britain. He is also a member of the Social Investment Task Force and the Commission on Unclaimed Assets. He chairs the editorial group of the Philanthropy UK e-newsletter.

Rajat Kumar Gupta is the Senior Partner Emeritus of McKinsey & Company. He joined the Firm's New York Office in 1973, assumed leadership of its Scandinavian Offices in 1981, and Chicago Office in 1989. Mr. Gupta served as the Managing Director Worldwide of McKinsey from 1994 to 2003. In his 34 year career in consulting, Mr. Gupta has served many leading companies on a broad set of topics related to strategy, organization and operations. He has played a thought leadership role in organizational thinking throughout his career, and led the Organization Practice for the Firm. Mr. Gupta is very active in many non-profit institutions focused on education, health and development. He served as the United Nations Secretary-General’s Special Advisor on UN Reform, is an independent Director of Goldman Sachs, Procter & Gamble, AMR Corporation, Qatar Financial Centre, and is the Chairman of the Board of Genpact and New Silk Route Private Equity. He is also on the Board of Rockefeller Foundation and recently elected a Member of the Supervisory Board of Sberbank. In addition, Mr. Gupta contributes to the work of a host of organizations including: Education: ?? Chairman of the Board of the Indian School of Business ?? Chairman of Pan IIT Alumni Association ?? Board of Associates of the Harvard Business School ?? Advisory Board, Kellogg School of Management ?? Dean’s Advisory Board, School of Economics and Management, Tsinghua University ?? Yale President’s Council ?? Board of Business Higher Education Forum (BHEF) Health: ?? Chairman of the Board of the Global Fund for AIDS, Tuberculosis and Malaria ?? Chairman of the Public Health Foundation of India (PHFI) ?? Board of Overseers of the Weill Cornell Medical College ?? Chairman of Avahan the India AIDS Initiative of The Gates Foundation ?? Dean’s Council, Harvard School of Public Health Global Development & Trade ?? Chairman of the Advisory Board of the Bill & Melinda Gates Foundation ?? Co-Chair of the American India Foundation (AIF) ?? Board of Pratham India Education Initiative ?? Foundation Board of the World Economic Forum ?? Board of the Millennium Promise ?? Vice Chairman of International Chamber of Commerce Mr. Gupta holds a bachelor of technology degree in mechanical engineering from the Indian Institute of Technology, and an M.B.A. from Harvard Business School.

Ms Sahana Sarma is an Associate Partner with McKinsey Company. She has extensive experience in enterprise software and services related to telecom and infrastructure. She has led development of growth strategy for leading telecom software providers including detailed identification and assessment of potential markets and supporting internal actions, acquisitions, and partnerships required. In addition she has designed organization, sales process, and compensation for the services unit of a leading enterprise infrastructure software provider and worked with sales regions to ensure success. Ms Sahana has an MBA from Harvard Business School. She also has a Master of Engineering degree from Massachusetts Institute of Technology, Cambridge, MA and a Bachelor of Science degree from the same Institute. She will assist TIC LLC, wherever possible in their IT assignments.

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Walter Mittelbach is initiator and founding partner of SorTech AG and managing director since foundation. He graduated in physics (studies in Graz, Austria and Berlin), joined the Fraunhofer-Institute for Solar Energy Systems in 1995 and was entrepreneurially active at UFE Solar GmbH. In 2002 he co-founded the SorTech AG in his role as technical executive and successfully lead and developed the company as sole managing director until beginning of 2008. Walter Oblin joined the executive board of SorTech in 2008. He has a degree in mechanical engineering (TU Graz) and a Master of Science in Industrial Administration (Purdue University, USA). He brings 14 years of industrial experience to the company gained in top-management consulting mainly focusing on technology and infrastructure companies as Consultant and Partner at McKinsey&Company. The management further benefits from experienced members of the supervisory board and shareholders, who partly belong to the leading researchers and experts in solar air-conditioning and thermal cooling.

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Jeff has an extensive background in information technology management, financial accounting, and financial reporting. He is currently a manager at McKinsey and Company, a prominent management consulting firm, responsible for the development and implementation of global integrated business and technology solutions. Previously, Jeff was a principal management consultant with PricewaterhouseCoopers, a leading professional services firm, where he worked with large financial services institutions to implement a variety of financial technology solutions. He also spent five years at JP Morgan & Co., a major international investment bank, where he was involved in various roles in finance, technology, information management and internal audit. Jeff holds a B.S. in Accounting/Computer Science from Bucknell University. He also works with the East Village Parks Conservancy, a not-for-profit organization dedicated to preserving New York City's East Village parks.

Jorgen Ekberg has been a Director of Hoegh since 2000. He is a Senior Partner of Litorina Capital Management AB in Stockholm. Prior to that he was the President & CEO of ASG/Danzas AB and has experience as Senior Engagement Manager for McKinsey & Co in Stockholm and Hong Kong. He is a member of several boards. Jorgen Ekberg holds a Master of Science in Economics and Business Administration from Stockholm School of Economics.

Kaihan Krippendorff, the author of The Art of the Advantage: 36 Strategies to Seize the Competitive Edge (Thomson TEXERE 2003), helps individuals and organizations unleash strategic creativity and growth. He shows that our typical problem-solving approaches unnecessarily limit our options and that, by adding a fundamentally different, creative approach to their toolkits, corporate decision-makers can expand their thinking outside of the box to more consistently outthink, outmaneuver, and outperform the competition. By blending the disciplines of competitive strategy, innovation, cognition, and Eastern philosophy he rouses innovation throughout organizations. He has worked numerous small, medium, and large companies including Microsoft, Starbucks, and DHL. A former consultant and manager at McKinsey & Company, Kaihan has held various senior management positions in the consulting, investment banking, and retail sectors. He earned his MBA from Columbia Business School and London Business School, his BSE in Finance from the University of Pennsylvania's Wharton School, and his BSE in Engineering from the University of Pennsylvania's School of Engineering. He lives in Miami, Florida where he writes, teaches entrepreneurship, and runs The Strategy Learning Center, an executive education firm.

Prior to joining SPM, Katrina served as the Marketing Director for Switchouse.com and Associate Director at Kaiser Foundation Health Plan. Her consulting background includes employment as an Engagement Manager for McKinsey & Company and acting as a Project Manager at Andersen Consulting.

Larry Maher is an engagement manager with McKinsey & Company. Before management consulting, Larry spent five years in audit and information systems security for Arthur Andersen before returning to business school. Larry holds an MBA from the Kellogg School of Management at Northwestern University and a Bachelors degree from the University of Wisconsin-Madison.

As Chief Executive Officer, Mark Weldon directs NZX's strategic and growth initiatives. Working closely alongside the management group, Mark brings to NZX unrivalled experience in business and exchange strategy development, trading and asset management, corporate finance, mergers, acquisitions, securities and international law. Born in New Zealand, Mark graduated from Auckland University with a first class Honours degree in Economics and a Bachelor of Commerce. Mark then studied at the Columbia University School of Law in New York, graduating in 1997 with a Doctorate in Jurisprudence. Mark joined leading New York law firm Skadden, Arps, Slade, Meagher & Flom as an attorney and went on to become a Senior Engagement Manager at McKinsey & Company, advising business heads of several large international organisations on business development and corporate strategy. Mark is an avid swimmer and competed for New Zealand at the 1992 Barcelona Olympic Games. Mark is also a keen chess player, and passionate about contemporary literature and arts.

Paula was born and raised primarily in the midwest. She moved to Dallas in 1990 in order to teach at St. Anthony's for several years and then moved to Austin, Texas to pursue a Master's degree in Library and Information Scinence. Paula and her husband Paul returned to Dallas and re-joined Holy Trinity Catholic Church in 1996. Their two daughters attend Holy Trinity Catholic School - one in Pre-Kindergarten and one in Kindergarten. Paula presently serves on the Holy Trinity Catholic School School Advisory Council. Currently she works as a research and knowledge manager for McKinsey & Company, a global management consulting firm. Paula's husband Paul works for IBM in the Sales & Marketing Group.

Steven Carden is an Engagement Manager at McKinsey & Company in Auckland. Prior to joining the New Zealand office in early 2007, Steven spent three years serving North America's largest companies out of McKinsey's New York office. While working at McKinsey, Steven wrote a book about New Zealand called New Zealand Unleashed: The Country, Its Future, And The People Who Will Get It There. It was published by Random House in 2007 and has provided the opportunity to speak to groups throughout the country about the opportunities and challenges facing New Zealand. Steven is also the founder of the First Foundation, an innovative non-profit that for the last 10 years has provided New Zealand's most talented, but financially disadvantaged secondary school students with work, mentoring and funding from New Zealand's largest companies. In 2003, Steven received an MBA from Harvard Business School, where he was awarded a Knox Fellowship and a Fulbright scholarship. He also holds an LLB and a BA from the University of Auckland. Steven was one of the inaugural winners of a Sir Peter Blake Emerging Leader award in 2005.

Allan Loren explains how he delivered double-digit earnings growth during each of the past four years and raised the company's value by more than 300 percent.

Blair Crawford is currently a Principal in McKinsey & Company's Boston office. Since joining McKinsey over a decade ago, Blair has worked in both Europe and North America with a broad range of Retail and Packaged Goods clients. His experience covers multiple issues including corporate strategy, growth, merchandising strategies, and organizational design. His recent experience includes leading a peer-based improvement program for a major U.S. grocer; developing a growth strategy for an apparel retailer; evaluating an acquisition opportunity for a large multi-line retailer; designing and launching a customer loyalty card for a large food retailer; and developing a global expansion strategy, including detailed implementation plans and operations redesign for a fast-food retailer. Blair joined McKinsey's London office after completing an MBA at Harvard Business School. Prior to McKinsey, he worked for the Arcadia Group (the UK largest fashion multiple retailer) for 5 years as both a Buyer and a Merchandiser. Blair lives in Brookline, MA with his wife, Sylvia, and two sons.

Claudio Waller. Mr. Waller is a consultant with McKinsey and Co., specializing in the health care industry. He previously worked as a consultant for Deloitte and Touche in New York City. Mr. Waller received a Master of Business Administration from the Wharton School of Business at the University of Pennsylvania.

Deborah is working as a consultant at McKinsey & Company in New York. As an undergrad, Deborah served on the student boards of Women's Leadership Project, Women in Business, and Project HEALTH. Having grown up in a desert (Arizona), she is a devoted fan of watersports and wishes the rivers surrounding Manhattan were a better substitute for the ocean.

Donnan Steele is an Associate with McKinsey & Company and a recent Ph.D graduate in atmospheric chemistry from the Massachusetts Institute of Technology, where he studied how air pollution affects clouds and, more generally, the earth's climate. Previously, he worked for the Environmental Working Group on pesticide and water quality issues and with Ozone Action on reporting indicators of global warming. He is co-founder of Student.net Publishing, Inc., an Internet company that became Student.com, one of the first commercial student-oriented websites, and TVGrid.com, an internationally syndicated television listing service. He has published in the academic journals Environmental Science & Technology and the Journal of Applied Meteorology.

Ehren Cory is an Associate Principal in the Toronto office of McKinsey & Company, a global management consulting firm. Ehren joined the firm in February 2001 and advises clients on a range of strategic and operational issues. Ehren has a MBA degree from INSEAD and a Bachelor of Arts degree in business from The University of Western Ontario. Ehren joined Street Kids International's board of directors in spring 2006 and will be advising on governance and strategy issues.

Gary Pinkus: Gary is a principal at McKinsey & Company in San Francisco, and has worked at other McKinsey locations in Houston, Mexico City, Sydney and Zurich. Prior to joining McKinsey, he was with Bear Stearns Group in San Francisco. Gary has published several articles on innovation and commercialization in the biopharmaceutical industry. He earned a bachelor's degree in English at Stanford University and a master's of business administration at the Harvard Business School. He joined the Interplast board in 2001.

Before setting up Intelace Research Marcin Mazurek has worked for 6 years as a research analyst at McKinsey & Company. Marcin was responsible for knowledge management / research activities in areas of: financial services, retail trade, FMCG and other. Prior to McKinsey, in 1998-1999 Marcin Mazurek has worked in the strategy office of the German HypoVereinsbank in Poland.

John brings to our team extensive private equity experience, both from a consulting and from a principal investing perspective. His knowledge and wide professional network augments Bristlecone's ability to provide our clients with the highest level of portfolio management and alternative manager research. In his role as a Consultant with McKinsey, John primarily serves private equity and technology firms' practices. He focuses on advising financial and technology companies on a myriad of strategic issues, ranging from strategic due diligence to sales and marketing. Prior to McKinsey, John served as an Associate at Madrona Venture Group, a venture capital firm focused on early-stage technology investments, where he was responsible for sourcing and evaluating deals as well as serving as an advisor to portfolio companies. John has also worked in the investment banking groups at Goldman Sachs and Robertson Stephens. John graduated magna cum laude with a bachelor's degree in industrial and operations engineering from the University of Michigan. He also received a master's degree in business administration, with honors, from The Wharton School at the University of Pennsylvania.

Born and raised in North St. Louis County, Julie earned a Bachelors degree with a double major in English and Film Studies at the University of Notre Dame. Before heading off to graduate school, Julie temped at the Anheuser Busch, National Supermarkets, Contico, Whirlpool, Brod Dugan, Monsanto, and many other St. Louis corporations. Since earning her MFA in 1998, Julie has worked as an administrative assistant and the wind beneath many wings at McKinsey & Company, LRN, and now Google. She resides in Los Angeles and is actively seeking a publisher for her darkly comic first novel, Earth City, which follows the year in the life of a girl who graduates from college, moves back home to St. Louis, temps, sings karaoke and dates a Steve Perry impersonator in a Journey cover band. Julie's short stories include: "Burning Crayons," about a Catholic school May Queen whose spotlight is stolen when her little sister contracts the stigmata; "Things That Are Cold", about a losing contestant on The $20,000 Pyramid who seeks revenge on his dumb celebrity partner; "Mopping Irma", about spontaneous combustion and the mess it leaves behind; and "Holyland Mambo", when your dad is a Satanist, hilarity ensues. She and Nerdia co-authored St. Lou Haiku, published by Timberline Press in 2004. Julie has published television reviews in Time Out New York, fiction in Air in the Paragraph Line, a cartoon in Golden Greats: Cher Zine 2, and essays in Hermenaut, Road Trip, Notre Dame Magazine's online edition, and Temp4-7.com. She also writes a baseball blog - Cardinal Girl - that was named "local blog of the week by The Riverfront Times. The pseudonym of Coolia comes from the rap artist Coolio. Because Julie is the cool cat of Ape Culture, on top of every trend and retrospect, Julie became know in her circle of friends as Coolia.

Kasper Leschly is an Associate with Mckinsey & Company. He is stationed in Copenhagen, Denmark and recently developed China strategy for one of Denmark's largest industrial companies including fact-based recommendations on manufacturing, R&D setup and acquisition targets. Kasper also led the network capital optimization program and worked on purchasing models resulting in total recurrent savings of more than DKK 15 M for a middle sized Danish industrial group. He is also one of two associates responsible for MBA recruiting for the firm. During the summer of 2002, Kasper served as Product Manager Intern for Launch Teams at Novo Nordisk in Copenhagen. His primary responsibilities included Developing device leasing as an alternative pricing strategy, Building a sensitivity analysis model and improving the accuracy of existing forecasting systems, and creating a communications strategy establishing compliance as a major treatment issue. From 1998 to 2000, Kasper served as General Manager and Chief Representative, Southwest China for IKEA Trading in Kunming China. He managed a team of eight professionals and developed furniture procurement from 0 to $ 5 M USD in 20 months. His primary responsibilities included: developing purchasing strategy for Southwest China; analyzing all significant purchasing opportunities for IKEA, and reporting these to top level management both in Asia and Sweden. He was also responsible for all legal, financial and HR issues including training, appraisal and compensation negotiations; managing expense budget of $400,000 USD per year. During his tenure at IKEA, Kasper successfully built and created new relationships with core vendors; analyzed and negotiated price, quality and delivery issues and evaluated each vendor within framework of raw material procurement ability, technical skills, management capabilities and willingness to work long-term with IKEA. He also initiated and facilitated meetings with governmental officials and NGOs regarding sustainable forestry - travelling deep into the forests near Burma several times to identify problems. From 1996 to 1998, Kasper served as Area & Multinational Sales Manager, Packaging Division for The East Asiatic Company - One of Denmark's biggest and oldest trading and industrial conglomerates with annual sales of more than $ 1 billion USD. He was responsible for the cities of Beijing/Kunming/ andShanghai, China. Kasper established and ran the Kunming office and recruited and managed a six person staff and managed sales budget and personal with sales growth of 40% and installing equipment worth more than $10 million USD. His contributions to the business included: analyzing the specific customer needs of multinationals in China and implemented a sales drive, which contributing more than $1 million USD in sales; Initiating and developing market entry strategy into beverage industry through partnerships with major bottling equipment manufacturer by creating partnerships and identifying synergies such as joint installations, service and training; increased sales that contributed $ 500,000 USD in sales the first year. Kasper received his MBA from the Kellog School of Management at Northwestern University, majoring in management & strategy/finance. He received his BA in Chinese and History from the University of Aarhus, Aarhus, Denmark and was awarded the The Sino-Danish Cultural Scholarship (one year of studies at BNU in Beijing 1995-1996)

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Marla Capozzi is a consultant at McKinsey and Company, specializing in the areas of innovation, strategy development, and knowledge management. She has recently published articles in The McKinsey Quarterly and Sloan Management Review on knowledge management. Prior to joining McKinsey, Marla was a senior research manager of product development at Lotus for five years where she managed large-scale research and development programs as well as cross-functional teams to develop and launch Lotus's entry into the educational software and knowledge management markets. Marla received her MBA with honors from Babson College. She lives in Wellesley.

Baily was a member of the academic advisory panel of the Congressional Budget Office and has served as an academic advisor to the Federal Reserve Board and on a panel convened by the Office of Technology Assessment. He was the vice chairman of a panel of the National Academy of Sciences/National Research Council investigating the effect of computers on productivity and was a research associate of the National Bureau of Economic Research. Baily co-founded the microeconomics issue of the Brookings Papers on Economic Activity. He earned his Ph.D. in economics at the Massachusetts Institute of Technology (MIT) and has taught at both MIT and Yale University. He is the author of numerous books and articles, including Transforming the European Economy, co-authored with Jacob Kirkegaard and published by IIE in September 2004.

Matt Wilson matthew.wilson@yale.edu is a senior at Yale where he studies Economics and Mathematics. Matt is particularly interested in the issues surrounding costing and efficient resource allocation, as well as the political issues which arise from these areas. He spent two weeks last summer working with the Ministry of Public Health in the Bahamas analyzing the treatment, prevention, and education programs in place there from an practical and economic perspective. Next year Matt will be working as a consultant for Mckinsey and Company in New York.

Melora Krebs-Carter is currently a consultant in the Middle East office of McKinsey & Company, where she focused on health care systems. Prior to McKinsey, Melora ran the utilization and care management department at MetroPlus Health Plan, a managed care organization sponsored by the New York City public hospital system. In addition to her systems work, Melora has worked as a consultant to insurance companies, hospitals, clinics, and private practices. She also worked in Strategic Planning at Mattel, Inc, where she focused on the development of new products, entry into new markets, and M&A activities. Melora has also worked as a policy analyst at the Urban Institute. She is currently earning an Executive Master's in Health Services Management at Columbia University and has a BA in Human Biology from Stanford University.

Ms.Swiatkiewicz is an Associate at McKinsey & Company. Her experience includes consulting on strategic management concerns, valuation analysis, and structuring finance and investment transactions. Prior to joining McKinsey, Ms. Swiatkiewicz was an Associate in investment banking with J.P. Morgan & Company where she analyzed merger consequences and performed capital structure presentations for clients in the healthcare industry. Her experience encompassed the design of onshore and offshore financing structures, the implementation of rating agency processes, and the development of security and ownership vehicles. While with J.P. Morgan Ms. Swiatkiewicz marketed and sold over $600 million of private equity placements and investment transactions. Ms. Swiatkiewicz holds an MBA from Harvard Business School and Bachelor of Science degrees in Finance, International Business, and Marketing from Babson College where she graduated summa cum laude.

Onche Rajesh Ugbabe is presently a consultant with McKinsey and Company, Atlanta. He received his MBA at the Harvard Business School. A Senior Fellow and cum laude graduate of Dartmouth College, his previous work experience includes stints at Morgan Stanley and Prudential Securities (investment banking) as well as for Sony Music Entertainment Inc. and The Lake Placid Institute for the Arts and Humanities. The Director of Business Development at AfriOne, Mr. Ugbabe has extensive experience in new business building, telecommunications, and finance and as a consultant served a variety of corporations in the United States, Europe, and Africa.

Patrick is a consultant in the Chicago office of McKinsey & Company, where he specializes in working with financial services clients. Prior to joining McKinsey, he served as both a stock analyst and an actuary. He holds a BBA from the University of Wisconsin-Madison. Patrick has been involved with the Chicago and New York chapters of One Brick since 2003.

Rebecca graduated from MIT Sloan in 1996. She is currently the SVP of Product Development and Strategy at State Street Global Markets. Prior to that, she ran Product Operations at Thomson Financial after being a consultant for McKinsey in Zurich and in Boston. She holds an undergraduate degree from McGill University in Montreal, Canada. Rebecca grew up in France, is married to a fellow Sloanie, Alain Eudaric, and lives in Needham.

Roger Pilc - Chief Operating Officer Roger Pilc is an experienced, talented and visionary leader who brings an impressive track record of success to QUMAS. Prior to joining the company, Roger was Chief Executive Officer of Whale Communications, a leading software security vendor that was acquired by Microsoft. Previously, he was Chief Operating Officer at enterprise management software vendor SMARTS. Under his leadership, SMARTS realized a nearly five-fold growth in revenues, experienced consistent profitability and was ultimately acquired by EMC. Roger has also held several senior management positions in the telecommunications and internet services industries and as a consultant at McKinsey & Company. He has an MBA from Harvard University, a master's degree in engineering from Stanford University and a bachelor's degree in engineering from Cornell University.

Stephen Sacks is a Principal in McKinsey & Company's London Office, and is a leader of the Firm's Travel and Logistics and its Operations practice. His focus is on the development of business strategies and performance transformation programs for large companies and public sector institutions. He has an A.B. in politics from Princeton University and an M.S. in operations research from Columbia University.

Susan Lund is a Senior Fellow at the McKinsey Global Institute, where she leads its research on global capital markets. MGI publishes an annual update on trends in global capital markets, based in part on a unique database of the world's financial markets. In addition, recent reports have examined the sustainability of the US current account deficit, analyzed prospects for China's financial system, and assessed how India's financial sector affects economic growth. MGI has also examined the impact of hedge funds, private equity, petrodollars, and Asian central banks on global financial markets. Prior research looked at the origins of financial crises. Lund joined McKinsey as a consultant in 1996 in the Washington, DC office. She served a variety of clients in investment banking, financial services, and international financial institutions. She became a member of the Board of Editors at The McKinsey Quarterly in 2000, where she wrote numerous journal articles and opinion pieces for leading international publications on economics and public policy. Prior to joining McKinsey, Ms. Lund was a Fulbright Fellow in the Philippines, where she conducted research on micro-credit programs, and worked as a consultant at the United Nations Research Institute for Social Development in Yunnan, China. She was an analyst at Mathematica Policy Research in Washington DC, and served for two years as a Peace Corps volunteer in a remote mountain community in the Philippines. Ms. Lund holds a Ph.D. in international economics from Stanford University. Prior to that, she graduated summa cum laude from Northwestern University with a Bachelor of Arts in Economics. Her publications have appeared in journals such as Foreign Affairs, the Far Eastern Economic Review, the Journal of Economic Development, the Milken Review, the International Economy, and the McKinsey Quarterly.

Tim Welsh, a Principal of McKinsey & Company, stops asking questions when the matter needs an immediate response or he simply runs out of time. If an organizational rule or guideline is breached, for example, he feels it should be addressed quickly. In that instance, questions might be used to establish the reason for the breach, but a quick and firm decision ensures the rule or guideline is upheld in the future.

Lutdal joined Lindorff in Novemeber 2006 as Executive Vice President of Capital, Lindorff's own debt portfolio business. Lutdal previously worked in SpareBank 1 Life Insurance as head of strategy and business development. He has also led a start-up venture and worked as management-for-hire. In additon, Lutdal has more than six years of experience as a management consultant with McKinsey & Co. Lutdal holds a Master of Science in Business Administration from the Norwegian School of Economics and Business Administration.

Viv Anand (viv@managementlogos.com viv@managementlogos.com ) is a seasoned management consulting and business strategy professional who has over fourteen years of engineering, consulting and marketing experience, including nine years in the corporate world primarily at General Electric and McKinsey & Company and over four years as a strategy consultant to start-ups and small businesses. Viv has extensive cross-functional and cross-industry work experience and possesses a global mindset enhanced by business assignments. Viv is skilled at developing and managing relationships with multinational companies, including knowledge of and sensitivity to cross-cultural issues. Viv is well versed in using a fact-based, hypothesis-driven approach to help businesses of all sizes solve problems. He is a seasoned negotiator with exceptional analytical and communication skills and is a strategic thinker. Viv has a demonstrated history of delivering savings to meet or exceed business objectives and has been trained as a "Six Sigma Green Belt" in GE's quality initiative. Viv holds an MS in Chemical Engineering and Business from Rensselaer. Tim and Viv are principals at Management Logos.

Since joining McKinsey in 1992, Claudio Feser has worked extensively with clients in the areas of healthcare, financial institutions and telecom. He was elected Principal in 1998 and Director in 2004. From 1999 to 2004 he led the Athens Office. He became the Office Manager of McKinsey Switzerland in January 2005.

Diana Farrell is the Director of the McKinsey Global Institute (MGI), McKinsey & Company's economics research arm. MGI's independent investigations combine McKinsey's microeconomic understanding of companies and industries with the rigor of leading macroeconomic thinking to derive perspectives and publish reports on important global economic issues. MGI's research on productivity and competitiveness covers nearly 20 economies around the world across more than 30 industries as well as the relationship between IT and productivity. Other research priorities include: global economic integration; capital markets; the ascendance of China and India; labor markets and offshoring; health care; global energy demand; and consumer demand and demographic shifts. Ms. Farrell's work has appeared in academic journals, books, and on the op ed pages of leading international publications, and she is a frequent speaker at major US and global conferences. She is the editor of an anthology series based on MGI research, published by Harvard Business School Press, 2007. Together with Lowell Bryan, she is the co-author of Market Unbound, published by Wiley & Sons, 1996. Ms. Farrell was previously a McKinsey consultant in the Washington, D.C. office and a leader of McKinsey's Global Financial Institutions and Global Strategy practices. She has served clients around the world in a variety of capacities. Prior to joining McKinsey, she worked for Goldman, Sachs & Company in New York. Ms. Farrell has a B.A. from Wesleyan University in Economics and in the College of Social Studies. She also holds an M.B.A. from Harvard Business School. Ms. Farrell is a member of Council on Foreign Relations, the Bretton Woods Committee, and the Pacific Council on International Policy; a trustee for the Committee for Economic Development; a Board Advisor to the Bay Area Economic Pulse; a member of the Bay Area Economic Forum's Research Council; and Senior Advisor to the American Assembly's Next Generation Project. She lives in the San Francisco Bay Area with her husband and two children.

Elizabeth C. Lempres is a Director in the Boston office of McKinsey & Co. Since joining the firm in 1989, she has focused on serving a broad range of consumer and technology clients. Over the last several years, she has developed deep expertise in later stage investing, serving a number of private equity/LBO players in New England. In addition to her client work, Ms. Lempres is a leader in the firm's Retail and Packaged Goods Practices. She has authored a number of articles on building marketing capabilities and driving organic growth in consumer companies and is a frequent speaker at industry forums. Ms. Lempres holds an M.B.A. from the Harvard Business School, where she was designated a Baker Scholar. She also graduated cum laude from Dartmouth College with a bachelor's degree in engineering.

Eric Beinhocker is a senior fellow at the McKinsey Global Institute (MGI), McKinsey & Company's economics research arm, where he leads research on economic, management, and public policy issues. He was previously a partner at McKinsey and a leader in its Strategy Practice. His career has bridged both the business and academic worlds. He has been a software CEO, a venture capitalist, and an executive director of the Corporate Executive Board; at McKinsey he has served clients in a broad range of industries, including telecoms, computing, pharmaceuticals, and aerospace. He has also held research appointments at the Harvard Business School and the MIT Sloan School and has been a visiting scholar at the Santa Fe Institute. He is a graduate of Dartmouth College and the MIT Sloan School where he was the Henry Ford II Scholar. Eric has written extensively on business and economic issues, and his work has appeared in Fortune, the Financial Times, The McKinsey Quarterly, and various academic publications. He is author of the widely praised book The Origin of Wealth, published by Harvard Business School Press and Random House, which was selected as a "Top Ten Business Book of 2006" by Amazon. Eric is originally from Boston, Massachusetts, and is currently based in London.

Jaana Remes is a senior fellow at the McKinsey Global Institute (MGI), McKinsey & Company's economics research arm, based in San Francisco. MGI's research combines McKinsey's microeconomic understanding of companies and industries with the rigor of leading economic thinking to derive perspectives on global economic issues. Since 2003, Jaana has co-led MGI's research on productivity, global economic integration, and energy. Current research projects include sector-based productivity and competitiveness analyses of Canada, Russia, and the Middle East. Jaana also leads MGI's research agenda on energy, with recent focus on understanding the microeconomic underpinnings of global energy demand growth, and the opportunity to reduce energy demand growth through higher energy productivity. She contributes to related policy debates through articles and conference presentations. Previously, Jaana co-led MGI research on the impact of multinational companies on developing-country economies, the process of global industry restructuring, and the effects of foreign direct investment in U.S. automotive industry performance. Other pr

Janamitra Devan, a McKinsey Global Institute (MGI) senior fellow located in McKinsey & Company's Shanghai office in China, has long standing experience in Asia and North America. He has led several intensive knowledge projects and studies at McKinsey and comes from both an academic and consulting background. Devan began his career in Asia as a consultant for Ernst & Young in Singapore. He then took an academic appointment in the US as an assistant professor at Middlebury College, where he taught economics and finance. In 1992, Devan re-entered consulting, this time in the US, with Standard & Poor's DRI/McGraw Hill where he eventually led its Asia consulting services. In 1996, he joined the World Bank as the program manager for the Middle East and North Africa in its Foreign Direct Investment Advisory Services. His work has brought him to the intersection of both the private and public sectors in several countries in particular: Pakistan, South Korea, Malaysia, Singapore, China, India, Iran, and Thailand. Prior to joining MGI, Devan was the Director of Global Operations of the Strategy Practice where he led several strategy knowledge efforts and was an expert resource in corporate strategy for several clients. He also is a leader of a new initiative in McKinsey to better understand the drivers of corporate performance. Devan has published extensively and currently works with several teams to bring the MGI perspective to Asia. Devan earned a B.A. in quantitative business analysis, and an M.B.A., and a Ph.D. from Indiana University in Bloomington, Indiana. He was born and grew up in Singapore.

Until his retirement in October 2006, Mr. Bookout was a director of McKinsey & Company (a global management consulting firm) since 1983. He worked with McKinsey since 1978, most recently as Leader of its Global Industry Practices from 2000 to 2005. He also serves as a director of Tesoro Corporation.

Lowell Bryan is a director of McKinsey & Company, where he serves major clients on a wide range of issues related to corporate strategy and organization. He has spoken and written extensively a " particularly on topics related to strategy, organization, and financial services a " for the past 30 years. He is currently co-authoring a book on managing companies in the 21st century, a subject that reflects more than a decadea s worth of research into the forces at work in the global economy and their implications for corporations. His most recent book emerging from this research was Race for the World: Strategies to Build a Great Global Firm, published by the Harvard Business Press in 1999. Lowell has been the principal author of four additional books, including Market Unbound and Breaking Up the Bank. He has been a frequent contributor to the Wall Street Journal editorial page and has published articles in numerous periodicals, including the Harvard Business Review and the McKinsey Quarterly. Lowell earned a B.A. from Davidson College in 1968 and an M.B.A., with distinction, from the Harvard Business School in 1970. Prior to joining McKinsey & Co. in 1975, he worked for the State Street Bank of Boston. He is a trustee of Davidson College and just completed a term on the Visiting Committee for Harvard Business School.

Martha Laboissiere is a senior fellow at the McKinsey Global Institute (MGI), McKinsey & Company's economics research arm, where she leads knowledge efforts. Her work focuses on labor markets, labor productivity (particularly in Latin America) and health care. Martha was previously a consultant in the Sao Paulo office of McKinsey & Company. She has served clients in the areas of financial institutions and health care. Prior to joining McKinsey, she pursued an academic career, first as a postdoctoral fellow at the Department of Pharmaceutical Chemistry at the University of California San Francisco and later at the University of Brasilia in the Department of Pharmaceutical Sciences. Martha has a B.A. in biology from the University of Brasilia. She also holds a Ph.D. in biochemistry from the University of Wisconsin Madison.

Noah Kroloff is a Partner at NGN Capital, a healthcare venture capital firm with offices in New York and Heidelberg. Mr. Kroloff, who has 19 years experience in healthcare, most recently served as an executive officer at i-STAT Corporation, a publicly-traded medical device company where he was Vice President for International Sales & Marketing and Corporate Development. He was actively involved in the sale of i-STAT to Abbott Laboratories for approximately $450 million. He also led the creation of a global alliance with Abbott, a $61 million alliance with Hewlett-Packard Medical Products Group and i-STAT's international distribution network. Prior to i-STAT, Mr. Kroloff was an Engagement Manager at McKinsey & Co. where he advised leading pharmaceutical and diagnostic companies on R&D management, portfolio strategy, and alliance formation. Prior to his work in healthcare, he was a senior analyst at Fannie Mae and an associate at Industrial Economics, Inc. Mr. Kroloff received his BA in general science from Brandeis University and his MBA from the MIT Sloan School of Management where he was a founder of and currently serves as a judge in the MIT $100K Entrepreneurship Competition. He is a member of the board of BeneChill, Inc. and Coagulation Sciences LLC.

Paul is a former director of McKinsey & Company, the international management consultants where he worked for more than twenty five years before taking early retirement in 2004. While there he was a leader of its worldwide organisation practice, and worked with a number of major global corporations and financial institutions in Continental Europe, North America and Japan, as well as the UK. He has a particular interest and experience in issues of corporate governance. At McKinsey's he led practice work and engaged in a wide range of governance environments including plc's, mutual organisations, state owned enterprises, family firms and professional partnerships. While at McKinseys, Paul chaired the Professional Staff Committee which evaluated the performance of individual consultants. He also chaired the Knowledge Development Committee which sought to devise processes for setting research priorities and for their effective dissemination. Over the last year, he has worked as an independent adviser on the government review of the governance of mutual life insurers. He is currently acting as an adviser to the London Business School, and has been invited to join the Life Board of the Institute of Actuaries as its first lay member. He continues in a private capacity to serve a small number of leading professional firms.

Bob Paulson founded Aerostar Capital LLC in 1997 to specialize in private equity investments for the aerospace industry. He launched this investment program to exploit the opportunities offered by the ongoing consolidation of the aerospace industry supply chain. This need for supply chain consolidation was triggered by the merger frenzy among the aerospace primes in the 1990s. As the CEO of Aerostar Capital, Bob offers extensive aerospace and investment experience. After earning a BA in Economics (Cum Laude) from the University of California at Santa Barbara and an MBA (with Distinction) from Harvard, Bob served as an Army Officer and as an analyst on the staff of the Assistant Secretary of Defense for Systems Analysis. Following his government service, Bob worked as a consultant with McKinsey & Company for 26 years. During his consulting career, Bob served as the head of McKinsey's Global Aerospace and Defense Practice, ran the Los Angeles Office of McKinsey, was twice elected to McKinsey's Board of Directors, and chaired the firm's committee to oversee M&A support to all McKinsey clients. Bob served over 30 major aerospace clients and supported nearly 50 acquisitions and mergers. (www.Mckinsey.com) After retiring from McKinsey, Bob founded Aerostar Capital LLC. Bob has served on the boards of many private and public companies, as well as several public service organizations. Currently he serves as a Director of Ducommun Inc. (DCO on NYSE), Nationwide Health Properties, Inc. (NHP on NYSE), WESCO Aircraft Inc. and Forgings International LP. Bob has been a guest lecturer on M&A practices at USC Center for Telecommunications Management, has published and been quoted widely on aerospace policy issues, serves as an Advisor to McKinsey & Company, and has served on various government commissions.

Roger Kline is a Director (Senior Partner) at McKinsey with responsibility for McKinsey's service to a number of its largest global clients. He has been interviewed or quoted in and written articles on various topics for the Wall Street Journal, the American Banker, Fortune, and other journals and periodicals.

Vik Malhotra is a director of McKinsey & Company, where he has served major financial institutions focused on life insurance, wholesale banking, asset management, private banking, and retail banking. Vik currently leads the Northeast Office, which encompasses the New York, Boston, and Stamford offices, and is a member of McKinsey's Shareholders Council (Board of Directors) and Director Review Committee. During his tenure at McKinsey, Vik has led McKinsey's Financial Institutions, Life Insurance, and Personal Financial Services practices, and has co-led the Emerging Markets Financial Institutions Practice. His consulting experience covers a wide range within the financial industry, including corporate strategy, business unit strategy, growth strategies, organizational design, operational improvement, and business process offshoring. Before joining McKinsey, Vik graduated from the Wharton School of the University of Pennsylvania. Prior to his MBA he worked at the accounting firm of Ernst & Whinney in London, and received his undergraduate degree in economics from the London School of Economics.

William F. Meehan III is a senior director of McKinsey and Company, Inc. During his 29 years with the firm, Meehan has had extensive experience working with chief executives and senior leaders in technology, private equity, retailing, financial services, and media. His focus includes top management strategy, organization, and leadership, including assisting more than a dozen new CEOs in shaping their agenda. In addition to his service to clients, Meehan has held many leadership roles with the firm. As a member of the Shareholders Council, McKinsey's board, he is chair of the Client Committee, which is responsible for all client-oriented polices of the firm. In addition, he chairs the Firm Investments Committee, which oversees more than $4 billion of investments through the McKinsey Investment Office. He was formerly vice chair of the Directors Review Committee, co-chair of the Private Equity and Venture Capital Practice, chair of the West Coast practice, and managing director of the San Francisco Office. Meehan is also a regular writer and speaker on the nonprofit and philanthropic sectors with a focus on strategy, governance, and performance measurement. He is lecturer in Strategic Management at the Graduate School of Business at Stanford University, where he teaches a course in Strategic Management of Nonprofits, as well as a faculty affiliate of the Center for Social Innovation and a member of the Stanford Social Innovation Review's board of advisors. Meehan is a member and former chair of the board of Philanthropic Research Inc., which operates Guidestar.org, the preeminent information source on the nonprofit sector; a member and former chair of the board of directors for the United Way of the Bay Area; a member of the board of the San Francisco Symphony; a member of the California Business Roundtable; and former member of the California Chamber of Commerce, the Committee on JOBS, and the boards of the Oregon Shakespeare Festival and Fordham Prep.

Ben joined Clearbrook from McKinsey & Company, where he spent five years as a member of the financial services practice advising global financial institutions on issues of corporate strategy, business building, and operations. Previously, he practiced law with Washington DC-based Covington & Burling.

Philip Dutter's distinguished career as a member of McKinsey & Company included leadership of the firm's global insurance practice for 13 years. He directed major consulting projects for 27 of the 50 largest insurance companies, including projects in Canada, Mexico and Venezuela. His client work concentrated on reviewing and developing new strategies, assessing organizational patterns, effecting organizational change, increasing sales force effectiveness, and improving profit performance. Since retiring from McKinsey, Mr. Dutter has served as independent consultant to a limited number of insurance clients. Mr. Dutter received his BS degree from Northwestern University and his MBA degree from New York University. In addition, he holds a Chartered Life Underwriter designation and was a founding member of the Institute of Management Consultants.