Janet Yellen , Leadership Next

Janet Yellen on the Current State of the Economy and Joaquin Duato on why J & J is in its "Golden Era"

10 Oct 2023 • 32 min • EN
32 min
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The Fortune CEO Initiative was formed in 2016 as a membership organization bringing together CEOs of purpose driven companies that are committed to addressing business excellence, diversity, and major societal issues as a core part of their business strategies. Each year since then, members have gathered for a one of two day conference to exchange ideas and discuss best practices. The 2023 conference took place last week in Washington D.C., with sessions that focused on topics like: staying committed to social impact programs in a tough economic environment, generative A.I. and sustainable business practices. In this week's episode of Leadership Next, you will hear two conversations from CEOi. First up, Fortune Editor-in-Chief Alyson Shontell sits down with Johnson & Johnson CEO Joaquin Duato. The two discuss why Duato thinks J&J is in its "golden era", as well as the potential of J &J's consumer brands to compete with companies like L'Oreal. Duato talks about J&J's ongoing R&D in the areas of robotics and A.I. Duato also shares his thoughts on how he approaches leading through the tumult of crises like the baby powder lawsuit and the pulling of J&J's COVID-19 vaccine from American markets. In the second half of the episode, Fortune CEO Alan Murray talks to Secretary of the Treasury Janet Yellen about the current state of the economy. They discuss the narrow avoidance of a full government shutdown, U.S. and global investment in industrial development of things like semi-conductors, and generative A.I. and how it may affect productivity. Yellen also shares her predictions for interest rates, job creation and the economy as a whole. Leadership Next if powered by Deloitte.

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