About Tera

Tera is a senior fellow at the McKinsey Center for Government, working closely with the McKinsey Global Institute. She leads McKinsey’s research on government and business productivity, bringing together deep expertise and more than two decades of experience in economics, public policy, innovation, and leadership, as well as ten years of experience as a management consultant focusing on corporate and business-unit strategy.

Tera is a frequent author, panelist, and speaker on topics ranging from economic and innovation policy and industrial strategy to technology adoption and government performance transformations. She also serves as a trustee of the United Kingdom’s Productivity Leadership Group, a member of the National Institute of Economic and Social Research council of management, and a member of the ScaleUp Institute evidence committee. She was previously on the board of Innovate UK, the United Kingdom’s national innovation agency, and a member of the States of Jersey fiscal policy panel.

Published work

Solving the United Kingdom’s productivity puzzle in a digital age,” McKinsey & Company, September 2018

A smarter approach to cost reduction in the public sector,” McKinsey & Company, June 2018

Delivering for citizens: How to triple the success rate of government transformations, McKinsey & Company, May 2018

Transforming a 150-year-old government agency: A CEO story,” McKinsey & Company, April 2018

Improving outcomes with better government productivity,” McKinsey & Company, March 2018

How smarter purchasing can improve public-sector performance,” McKinsey & Company, March 2018

How governments can be more effective by reallocating their resources,” McKinsey & Company, March 2018

Improving the effectiveness of tax collection: $30 in additional revenue for every $1 spent?,” McKinsey & Company, February 2018

Accelerating the diffusion of technology-enabled business practices,” McKinsey Quarterly, February 2018

Mitigating risk in IT megaprojects,” McKinsey & Company, January 2018

How the public sector fits in the productivity puzzle,” McKinsey & Company, January 2018

How artificial intelligence can deliver real value to companies, McKinsey & Company, June 2017

The opportunity in government productivity,” McKinsey & Company, April 2017

Past experience

UK Department for Business, Innovation and Skills; UK Government Economic Service
Director general; deputy head

UK Department for Transport
Chief economist; director, transport analysis and economics

UK Department of Energy & Climate Change
Chief energy economist

Bank of Finland
Financial analyst

Finnish Real Estate Bank
Consultant

Education

INSEAD
MBA

Aalto University (Helsinki University of Technology)
MSc, industrial economics