WEBVTT 57b5b8f0-b051-4d7d-9c49-4c63c5122417-0 00:00:00.040 --> 00:00:03.442 Getting the best of each person that's in the room, 57b5b8f0-b051-4d7d-9c49-4c63c5122417-1 00:00:03.442 --> 00:00:08.612 at the table—all the best ideas that can contribute to the solutions that will 57b5b8f0-b051-4d7d-9c49-4c63c5122417-2 00:00:08.612 --> 00:00:13.520 help us move forward—is so central to how we respond to an evolving world. d0ed8173-bc3d-4d14-b9bf-353f79ca4765-0 00:00:13.840 --> 00:00:15.600 Kedra, thank you so much for joining us. a23dd8a0-fe01-4acb-afe3-cea8b6a1e3ae-0 00:00:15.920 --> 00:00:19.120 What is the role of inclusion in driving impact and growth? 9c4f8286-4d60-4e0f-a66f-63048595daa1-0 00:00:19.120 --> 00:00:23.663 When we think about inclusion, all of our work at BCG on this topic has 9c4f8286-4d60-4e0f-a66f-63048595daa1-1 00:00:23.663 --> 00:00:26.440 really been grounded in data and analytics. 1ac9de6a-7e4e-47bb-8208-101eb3d18b72-0 00:00:26.920 --> 00:00:31.821 And when you look at the underlying factors that drive economic growth or 1ac9de6a-7e4e-47bb-8208-101eb3d18b72-1 00:00:31.821 --> 00:00:35.200 business growth, demographics are really critical. f299b9fe-4bef-4f9e-b04d-219d9f8e2aca-0 00:00:35.720 --> 00:00:39.584 We have more women graduating from college and higher education, you know, f299b9fe-4bef-4f9e-b04d-219d9f8e2aca-1 00:00:39.584 --> 00:00:41.440 around the world than we had before. 03e2f81e-8736-4993-9b55-5cdd5db5dc89-0 00:00:41.440 --> 00:00:46.440 Women will hold over 50% of wealth in the coming years. 5fa71057-f1c7-47e2-af74-9b35dccc5947-0 00:00:46.680 --> 00:00:51.451 We had a team recently publish a paper on $100 billion revenue opportunity in 5fa71057-f1c7-47e2-af74-9b35dccc5947-1 00:00:51.451 --> 00:00:56.040 women's health for conditions that are underdiagnosed and underprescribed. d6e78639-df44-457d-a0d4-04333551a106-0 00:00:56.040 --> 00:01:00.436 And so, when we think about inclusion, it's an underlying point that we really d6e78639-df44-457d-a0d4-04333551a106-1 00:01:00.436 --> 00:01:01.160 can't ignore. 707607e5-9329-495c-95ca-8a03d5c94550-0 00:01:01.240 --> 00:01:04.985 Over the last several years, there's been a real focus on moving 707607e5-9329-495c-95ca-8a03d5c94550-1 00:01:04.985 --> 00:01:08.040 people from unbanked to underbanked to fully banked. 8e4f2371-a7e4-4fa9-8afe-648f696ae678-0 00:01:08.320 --> 00:01:10.120 And we see a lot of progress in that space. 8bb111e4-37a0-4a2c-b371-f216d974b46b-0 00:01:10.120 --> 00:01:12.810 And that points to opportunity for retailers, 8bb111e4-37a0-4a2c-b371-f216d974b46b-1 00:01:12.810 --> 00:01:17.432 that points to opportunity for banks, for payers and providers to really think 8bb111e4-37a0-4a2c-b371-f216d974b46b-2 00:01:17.432 --> 00:01:20.240 about how to serve that population differently. 6fba6ac9-eb1e-4537-a7a6-1ec9b8cbf973-0 00:01:20.320 --> 00:01:25.968 These are real tangible economic benefits that we have to continue to center if 6fba6ac9-eb1e-4537-a7a6-1ec9b8cbf973-1 00:01:25.968 --> 00:01:30.840 we're really talking about growth over time locally or in companies. f6e5f74e-d926-463c-b61d-1b6264694fce-0 00:01:31.120 --> 00:01:33.080 Let's zero in on climate and development. e4150d64-13e1-40a3-bfd1-38f0ec911e89-0 00:01:33.120 --> 00:01:36.600 Where do you see the strongest link between inclusion and outcomes? d135f1a2-06cd-4c84-952a-da56b0036088-0 00:01:37.640 --> 00:01:38.520 That's a great question. 4b9dec6f-c38f-49e7-9652-b7017a443a2a-0 00:01:38.520 --> 00:01:43.074 I think, on development, you know, when we think again about economic growth, 4b9dec6f-c38f-49e7-9652-b7017a443a2a-1 00:01:43.074 --> 00:01:46.810 that is really about how do our local economies grow over time. 4b9dec6f-c38f-49e7-9652-b7017a443a2a-2 00:01:46.810 --> 00:01:49.554 How do we have more women starting businesses, 4b9dec6f-c38f-49e7-9652-b7017a443a2a-3 00:01:49.554 --> 00:01:54.050 more people in minority groups and different geographies really contributing 4b9dec6f-c38f-49e7-9652-b7017a443a2a-4 00:01:54.050 --> 00:01:55.160 to economic growth. 3e364d9c-0952-4992-ba5b-1566b9c05828-0 00:01:55.200 --> 00:01:57.240 It's really critical from a development perspective. ea2599c3-12ea-4e01-adfb-b3bce4abbb85-0 00:01:57.240 --> 00:02:02.131 When we think about global development, and we think about the innovation that's ea2599c3-12ea-4e01-adfb-b3bce4abbb85-1 00:02:02.131 --> 00:02:05.995 required to solve broader challenges that we have in the world, ea2599c3-12ea-4e01-adfb-b3bce4abbb85-2 00:02:05.995 --> 00:02:08.833 such as climate and clean energy, that, again, ea2599c3-12ea-4e01-adfb-b3bce4abbb85-3 00:02:08.833 --> 00:02:13.422 is really about how do we harness the collective brain power of individuals ea2599c3-12ea-4e01-adfb-b3bce4abbb85-4 00:02:13.422 --> 00:02:17.588 coming out of universities, seeing the very specific challenges they ea2599c3-12ea-4e01-adfb-b3bce4abbb85-5 00:02:17.588 --> 00:02:21.453 have in their communities, and finding innovative ways to solve ea2599c3-12ea-4e01-adfb-b3bce4abbb85-6 00:02:21.453 --> 00:02:22.480 those challenges. 550e4937-c25e-4a79-bd53-f92c92e41fdc-0 00:02:22.480 --> 00:02:25.440 Inclusion is a really critical part of that journey. 451713e5-f9de-4a1b-9bda-a26f1c87ac01-0 00:02:25.640 --> 00:02:26.480 Thank you so much.