A few weeks ago we shared twenty-four real-world case studies and bold hacks for accelerating the shift to a more principled, patient, and socially accountable capitalism. After much debate and some wrenching decision-making among the judges, we’re delighted to announce the winners of the Long-Term Capitalism Challenge —the third leg of the HBR/McKinsey M-Prize for Management Innovation.
It’s an idea with few enemies—and many authors: how do we renew the soul of capitalism and fundamentally reimagine it for a new age and a new set of challenges? That was the question we put to a global community of hackers and innovators in the Long-Term Capitalism Challenge . Specifically, what real world experiment or bold ideas are you advancing to accelerate the shift toward a more principled, patient, and social accountable capitalism?
Co-authored by Conor Kehoe . Dominic Barton is the Global Managing Director of McKinsey & Company. Conor Kehoe is a Director in McKinsey's London office. Mindsets matter. For more than two years, we and others have been talking about the need to shift the prevailing view among managers, boards...
