Transforming R&D with AI: Breaking barriers and boosting productivity

Innovation has long been the engine of economic growth, but today’s R&D efforts are hitting roadblocks. Progress is becoming harder, more complex, and increasingly expensive, signaling a decline in R&D productivity. So, how can leaders turn the tide and unlock the next wave of breakthroughs?  In this episode of McKinsey Talks Operations, host Daphne Luchtenberg is joined by Ravi Rajamani, Managing Director and Global Head of AI Blackbelts at Google Cloud, and Ben Meigs, associate partner in McKinsey's Product Development practice. Together, they explore how AI is reshaping the R&D landscape.  From accelerating processes and enhancing design generation to streamlining validation, the discussion dives into the transformative potential of AI to reverse declining productivity. They also tackle the critical role of organizational change, fostering a culture of experimentation, and making smart AI investments to drive meaningful ROI.  Tune in to discover how leaders can harness AI to reimagine R&D and fuel the next era of innovation. McKinsey Talks Operations has much more content to offer on the Operations topics that connect strategy with lasting success. Visit www.McKinseyTalksOperations.com to explore events and insights from McKinsey’s Operations Practice, and join the McKinsey Talks Operations community. You can also connect with us on LinkedIn at www.linkedin.com/showcase/mckinsey-operationsSee www.mckinsey.com/privacy-policy for privacy information