Richard Dobbs is a director of the McKinsey Global Institute (MGI), McKinsey's business and economics research arm, and a director (senior partner) of McKinsey based in London.
From 2004 to 2009, Richard co-led McKinsey's Corporate Finance Practice, where he was also responsible for research and development. He has served clients around the world in a variety of industries, ranging from high tech and financial services to petroleum, utilities, and the public sector.
Richard has written numerous articles about the implications of the financial crisis for companies and managing in a downturn. At MGI he has led research on global economic trends, including urbanization, resource markets, capital markets, and productivity and growth. Other research has focused on performance management and measurement, mergers and acquisitions, valuation, capital markets strategy, and utility regulation. He was a co-author of Value: The Four Cornerstones of Corporate Finance, and his work has appeared in several books, including Valuation: Measuring and Managing the Value of Companies; in other business and academic journals such as the McKinsey Quarterly, McKinsey on Finance, and Corporate Finance; and on the opinion pages of leading newspapers and business publications.
Richard is a frequent speaker at international conferences and is an associate fellow of the Said Business School at Oxford University, where he has taught the valuation elective.
Before joining McKinsey in 1988, Richard obtained a first-class degree and won the Metal Box and Lubbock Prizes at Oxford University. He was sponsored by Shell UK during his studies and worked for Shell’s North Sea exploration and production business. He was a Fulbright scholar at Stanford Business School and graduated from this course as an Arjay Miller scholar and won the Robichek Award for Finance.
Selected published work
“From poverty to empowerment: India’s imperative for jobs, growth, and effective basic services,” McKinsey Global Institute, February 2014
“QE and ultra-low interest rates: Distributional effects and risks,” McKinsey Global Institute, November 2013
“Urban world: The shifting global business landscape,” McKinsey Global Institute, October 2013
“Resource revolution: Tracking global commodity markets,” McKinsey Global Institute, September 2013
“Myanmar’s moment: Unique opportunities, major challenges,” McKinsey Global Institute, June 2013
“Disruptive technologies: Advances that will transform life, business, and the global economy,” McKinsey Global Institute, May 2013
“Beyond Korean style: Shaping a new growth formula,” McKinsey Global Institute, April 2013
“China's e-tail revolution,” McKinsey Global Institute, March 2013
“Financial globalization: Retreat or reset?,” McKinsey Global Institute, March 2013
“Infrastructure productivity: How to save $1 trillion a year,” McKinsey Global Institute, January 2013
“Manufacturing the future: The next era of global growth and innovation,” McKinsey Global Institute, November 2012
“The archipelago economy: Unleashing Indonesia's potential,” McKinsey Global Institute, September 2012
“Beyond the boom: Australia's productivity imperative,” McKinsey Global Institute, August 2012
“The social economy: Unlocking value and productivity through social technologies,” McKinsey Global Institute, July 2012
“Urban world: Cities and the rise of the consuming class,” McKinsey Global Institute, June 2012
“The world at work: Jobs, pay, and skills for 3.5 billion people,” McKinsey Global Institute, June 2012
“Trading myths: Addressing misconceptions about trade, jobs, and competitiveness,” McKinsey Global Institute, May 2012
“Urban America: US cities in the global economy,” McKinsey Global Institute, April 2012
“Sustaining Vietnam's growth: The productivity challenge,” McKinsey Global Institute, February 2012
“Debt and deleveraging: Uneven progress on the path to growth,” McKinsey Global Institute, January 2012
“The emerging equity gap: Growth and stability in the new investor landscape,” McKinsey Global Institute, December 2011
“Resource revolution: Meeting the world’s, energy, materials, food, and water needs,” McKinsey Global Institute, November 2011
“South Korea’s role in global recovery,” Korea Times. October 9, 2011
“Navigating Asia's new urban jungles: Selling into fast-growing cities will pose new challenges but bring big rewards,” Wall Street Journal Asia, April 13, 2011
“Urban world: Mapping the economic power of cities,” McKinsey Global Institute, March 2011
“The era of cheap capital draws to a close,” Financial Times, February 2011
|Stanford Graduate School of Business
||BA in engineering, economics, and management