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Voices on the future of Asia

McKinsey leaders from across the region discuss the forces, opportunities and challenges that are shaping the future of Asia.


A South Korean perspective

Wonsik Choi, managing partner of McKinsey in Korea, discusses how diversity, scale, and technology will unleash and shape Korea. Although the country has been on an accelerant growth path for the past 30 to 40 years, he says, each person must improve productivity for the economy to grow. Can Korea catch up?

Three long-term trends changing business in China

Joe Ngai, managing partner of the McKinsey Greater China office, discusses how automation will change the face of the Chinese economy—and why this needs to happen given an aging population. The democratization of people’s jobs will be an important trend for Chinese businesses to manage.

Regional perspectives


The cross-border flows shifting toward Asia

Oliver Tonby, Chairman of McKinsey's Asia offices, discusses the trends shaping intra-regional trade and network flows in Asia, and the organizational changes CEOs and governments must consider to maintain their lead in this rapidly-changing region.

How Asia is shaping the next phase of globalization

Kevin Sneader, global managing partner of McKinsey, describes how movement of goods, capital and people within Asia is changing the pattern of global flows.

Country perspectives

Innovating business models in India to boost the economy

Gautam Kumra, managing partner of McKinsey in India, discusses the need for Indian businesses to be professionalized, to create more innovative business models, and to strengthen corporate governance standards. In doing so, companies will help India become the world’s fifth largest economy by 2022.

How an aging population and disruption will impact Japan

Andre Andonian, managing partner of McKinsey in Japan, addresses the way that the aging population and digital disruption will shape the economy and how Japanese companies should think about their global footprint.

Asian companies

Generational change for Southeast Asian companies

Kaushik Das, managing partner of McKinsey in Southeast Asia, discusses how technology has been adopted far more rapidly in the region than in other parts of the world, meaning Southeast Asian corporates don’t have to follow the development curve adopted by Western companies.

What’s on the horizon for Asian companies

Angus Dawson, managing partner of McKinsey in Australia, discusses the increase in shareholder pressure as transparency exposes companies to greater scrutiny. CEOs, he says, need to bring their stakeholder groups together.

Power of parity


The future of women in Asia’s workforce

– The potential for women in Asia to raise their economic position is great, but automation will present unique challenges for women in the workforce.

Manufacturing and trade

Manufacturing and trade in Asia

Karel Eloot, coleader of McKinsey’s Operations Practice in Asia, discusses how Asian economies are building more domestic supply chains, as trade gradually shifts between Asian countries. He also examines how executives in Asia should align their manufacturing footprints with evolving trade flows.

What’s next for manufacturing and supply chains

Alpesh Patel, director of McKinsey’s Digital Capability Center, discusses the need for CEOs to be business backed instead of business forward. He also speaks about the relentless growth of analytics, how automation is shaping manufacturing, and the need for people to remain at the center of transformation.

Digital disruption

Asia’s digital advantage

Jeongmin Seong, senior fellow at the McKinsey Global Institute, discusses the rapid development of Asia’s digital economy, its impact on the global innovation space, and the important roles governments play in the Asian digital economy.

How CEOs can meet the digital challenge

Noshir Kaka, global coleader of McKinsey’s Analytics Practice, discusses how technological advancements are key to the future of Asia, how companies must recognize certain kinds of decisions are better off being automated, and how Asian companies are leapfrogging like never before.

The four fundamentals of digital in Asia

Gregor Theisen, managing partner of McKinsey Digital in Asia, describes how new technologies require companies to respond very quickly and to have flexible architecture. People must be trained and systems upgraded, he says, and organizations must be prepared to operate in an ecosystem where problems are always changing.


Asia’s energy transition

Azam Mohammad, who leads McKinsey’s energy and basic-materials work in Southeast Asia, says the future of the energy sector in Asia is going to be driven by renewables, supported by innovative energy technology such as floating storage re-gas units. He also discusses how Asian companies should move beyond being purely oil and gas companies to being energy companies.

Asia: A hotspot in the hydrogen market

Bernd Heid, a senior partner in McKinsey’s Cologne office, discusses the forces reshaping the hydrogen market in Asia, from technological advancement to cross-regional cooperation and government policies and roadmaps. He also addresses Asia’s role as the global hotspot for hydrogen economy interdeployment.

Financial services

Asia’s opportunity for growth in banking

Jacob Dahl, leader of McKinsey’s Financial Services Practice in Asia, speaks about a sector in the midst of a great transition, as it faces geopolitical challenges, tech disruptors, and increasing regulatory scrutiny. Still, Asia is the world center for banking growth, with consumer finance at the forefront.

The ecosystem effect on financial services in China

Violet Chung, a partner in McKinsey’s Hong Kong office, discusses the questions CEOs should be asking themselves: how to acquire and retain customers and how to obtain and use data from the ecosystems that they build. She also addresses how digital disruptors have redefined how customers interact with platforms.


Winning in Asia’s consumer markets

Dymfke Kuijpers, a senior partner in McKinsey’s Singapore office, discusses shifts in consumer and consumption behavior, largely due to the presence of new tech companies such as Go-Jek and Uber Eats. Consumers are asking how they will live healthily in the future, especially with obesity rates on the rise.

Cities and real estate

Asian cities as hubs of innovation

Jonathan Woetzel, director of the McKinsey Global Institute and senior partner in McKinsey’s Shanghai office, discusses the forces reshaping Asian cities and their place as hubs of innovation.

How to win in Asian real estate

Bess Teng, managing partner of McKinsey’s Shenzhen office, discusses how digital attackers will shape business. This is not a zero-sum game, she says, but a collaboration. She explains how digital technology will optimize the end-to-end process of the real estate market. The current fragmented state of the real estate industry has no clear winner—but lots of opportunities.

Future of Asia

The question is no longer how quickly Asia will rise; it is how Asia will lead.