In Conversation – Assuring Financial Stability: Managing Vulnerabilities, Tackling Legacies, Upgrading Policies
With José Viñals, Financial Counsellor & Director of the Monetary and Capital Markets Department, International Monetary Fund
Richard Portes CBE , Professor of Economics, London Business School
Professor Lucrezia Reichlin, Professor of Economics, London Business School
José Viñals spoke at the School to provide further insights into the 2015 October IMF Global Financial Stability Report, which discusses managing vulnerabilities in emerging markets, tackling crisis legacies in advanced countries, and addressing fragilities in global financial markets. The report highlighted how an urgent policy upgrade is critical to reach the successful normalisation of monetary and financial conditions and to anchor financial stability in the medium term.
Leading Minds – A Radical Rethink of How Business Engages with Society
Lord Browne, Chairman, L1 Energy, Hauwei UK, the Tate Galleries and Donmar Warehouse
Dr Robin Nuttall, Partner, Regulatory and Government Affairs, McKinsey
In conversation with Professor Lynda Gratton, Lord Browne and Dr Nuttall discussed their latest book Connect, which explores the recurring rift between big business and society and offers a compelling manifesto for reconciliation.
How can we break the centuries-old cycle of anti-business sentiment? Why should companies go beyond philanthropy and Corporate Social Responsibility? Is close engagement in society the secret to competitive advantage? What is the role of leaders in addressing the challenge?
Leading Minds – Insights from Global Leaders
Alex Gorsky, Chairman and Chief Executive Officer, Johnson and Johnson
In conversation with Professor Kamalini Ramdas, Mr Gorsky, who has been at the helm of the company since 2012 reflected on a on a career spanning almost three decades and share his leadership insights.
What does it take to lead a global company in today’s global business environment? What are the opportunities and challenges facing the industries Johnson and Johnson operate in and the wider international business community?
Leading Minds – Rebalancing the Unequal Financial System
With Thomas Philippon, Professor of Finance, Stern School of Business, New York University
Philippon has extensively studied the productivity of the US industry, specifically how well it performs its
function of intermediating between savers and borrowers. Its role in performing this function is critical to
our economy, to output and to the distribution of income and wealth.
After painstaking research, he concluded that over the past 130 years, there has been no productivity increase in finance and "the finance industry which sustained the railroads, steel and chemical industries...seem to have been
more efficient than the current finance industry".
If this is true, we need to radically rethink how finance is practised.
Read the highlights of the event.
Leading Minds – The Business of an Unequal Economy
With Thomas Piketty, Professor of Economics, Paris School of Economics
What impact has Thomas Piketty’s controversial book, Capital in the Twenty-First Century, had on business leaders and policy makers? His argument focused on the problems caused by the inequality of capital and the wealth gap that has widened for the past 40 years. At the same time, business and wealthy individuals have increased philanthropic activity. Is it enough? What should the corporate response to Piketty’s challenge be?
Read the highlights of the event.