Dean's Lecture: Dominic Barton
Cass welcomed Dominic Barton, global managing director of McKinsey and Company to give its fourth Dean’s Lecture of this academic year.
Based in London, Mr Barton leads the management consulting firm’s focus on the future of capitalism and the role business leadership can play in creating long-term social and economic value. His talk was on Global megatrends and implications for leaders.
Duncan Phillips Photography
Professor Steve Haberman introduced the “prolific writer and renowned speaker” Mr Barton.
Mr Barton said: “It’s an honour to be here. McKinsey has a number of Cass graduates in the firm."
“I’m going to give a bit of a tour of what’s going on in the World and what’s ahead. When I look around the room I see leaders. You are going to be leading some of the most interesting times in history.”
Mr Barton gave the audience a glimpse of the future – where there would be 22 billion more middle class consumers by 2030, and where in ten years computing will have reached the level of the human brain.
He talked about how we should be thinking about “the second bounce of the ball” using the example of the self-driving Google-car, and how everybody is thinking about the implications of safer roads. But if you consider it further, if there are fewer road traffic collisions there will be fewer deaths, and many organs for transplant come from these deaths, so it will also affect a heart surgeon’s ability to do his job.
“It’s very easy to see the first bounce, but what about the second?”
He signed off with this message for students: “Take risks. Expect failure. Get back up.”