Speaker Bio

McKinsey & Company will present the findings of its recent research report, "And the winner is ...": Capturing the Promise of Philanthropic Prizes. The report responds to the recent surge in interest in philanthropic prizes by examining their potential as instruments of philanthropy and by profiling current practices in their design and delivery, drawing lessons from the social, public and private sectors. The session will discuss the recent renaissance in prizes, identify a number of ways in which they can be distinctive instruments for producing social benefit, and review interesting practices in their effective design and delivery. Finally, the session will discuss the potential future of prizes, and how each industry can invest to support it.

Paul Jansen is a Partner in the San Francisco office of McKinsey & Company and one of the leaders of the firm's global Social Sector Practice. He leads projects that work with nonprofit organizations on strategy, organization and operations matters, and has particular expertise in global health, higher education, nonprofit governance and public-private partnerships.

As Knowledge leader for the Social Sector Office, Paul also works to develop and disseminate information that will improve the performance of nonprofit organizations. Paul has authored a number of articles including For Nonprofits, Time is Money which stimulated sector-wide discussion on the strategic benefit of increasing endowment payout rates. With former Senator Bill Bradley, he wrote an article for the Harvard Business Review, entitled The Non-Profit Sector's $100 Billion Opportunity, which again challenged sector beliefs about the potential for improved performance. Paul has also co-authored a report entitled “The Dynamic Board: Lessons from High-Performing Nonprofits, which examines board governance issues unique to the nonprofit community. Paul authored Rethinking Endowment Payout in Higher Education, published by the Forum on Higher Education Finance. Most recently Paul led a joint effort with a group of higher education leaders to look at the structure, conduct and performance of the US higher education sector. Paul received a chemical engineering degree from the University of California at Berkeley and earned his MBA at the Harvard Business School. His volunteer work includes serving on the Board of the San Francisco Zoological Society, as a member of the Aspen Institute Forum for the Future of Higher Education and as a board member of Care USA, an international NGO dedicated to the alleviation of poverty around the world.