This panel discussion rebroadcasts a McKinsey Live webinar summarizing key conversations from the World Economic Forum in Davos. The panelists, McKinsey senior partners, discussed prevalent themes including the rapid advancement of AI, the evolving geopolitical landscape, and the need for national competitiveness. Specific concerns included the impact of AI on business profitability, the need for leaders to adapt to increased uncertainty, and the importance of investing in leadership development and workforce health. The discussion concluded with practical advice for business leaders, such as focusing AI implementation on specific business problems with measurable financial goals and prioritizing leadership development to navigate complex global challenges. The podcast offers insights into current business challenges and actionable strategies for leaders in 2025.