137. Creating value with M&A: A conversation with XPO CEO Brad Jacobs
Inside the Strategy Room
Few business leaders have more experience in M&A than Brad Jacobs. Over a four-decade-plus career, he created several billion-dollar corporations. The most recent three he built largely through acquisitions: United Rentals, an industrial equipment rental company; United Waste Systems, involved in garbage collection; and XPO, the logistics company he currently leads. At both United Rentals and United Waste, he executed more than 200 deals each. At XPO, he has created a digital-forward logistics leader in an industry that has tended to lag in technology adoption. Brad will soon transition from CEO to executive chairman of XPO. We thought it’d be a good time to ask him to share the lessons he has learned over the course of his extensive deal-making experience. Brad sat down with Andy West, a senior partner based in Boston who co-leads McKinsey’s M&A practice globally. Join our LinkedIn community:https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance Explore more Inside the Strategy Room podcast episode transcripts: https://www.mckinsey.com/itsr Contact Andy West: https://www.mckinsey.com/our-people/andy-westSee www.mckinsey.com/privacy-policy for privacy information
Up Close & Personal - Interviews with some of todays biggest names.
He was the skip of the Olympic gold medal curling team from the 2014 Sochi Olympics. Canada's own Brad Jacobs sits down and goes one on one with Scott Sexsmith in this episode of Up Close & Personal. Find out what its like to be on top of the mountain, what former Toronto Maple Leaf coach Mike Babcock said that turned the team around in Sochi and what lies ahead for Team Jacobs.Note: Shortly after this podcast aired, Brad announced he was taking some time off from competitive curling.
The Evolution of Professional Services Delivery with Brad Jacobs
Brad Jacobs is an experienced leader in the industry with a background in enabling services and support teams to optimize professional services delivery. He is currently the Vice President of Worldwide Professional Services at MongoDB, a leading modern, general-purpose database platform, designed to unleash the power of software and data for developers and the applications they build. In this episode, Brad speaks about: - The evolution of Services delivery - How customer behaviors/demands shape the world of Professional Services? - Has the shift in the importance of Customer success affected Services organizations? - SaaS metrics that matter: Traditional vs. Modern // Follow Precursive on: Linkedin: https://www.linkedin.com/company/precursive Twitter: https://twitter.com/precursive Facebook: https://www.facebook.com/precursive/Youtube: http://ow.ly/RPxH50Chv9k
Sault Ste Marie's Brad Jacobs joins the boys on the Sports Talk with Monico, House, & Bono. 2014 Olympic Gold Medallists 2013 Tim Hortons Roar of The Rings (Men's Olympic Curling Trials) Champions 2013 Ford Men’s World Championship Silver Medallists 2013 Tim Hortons Brier Champions (Canadian Men’s National Champions) 7X Grand Slam of Curling Champions 10X Northern Ontario Provincial Champions Awards H.P. Broughton Award winners (Sportsperson of the year for Sault Ste. Marie) Inducted into the Sault Ste. Marie sports hall of fame. Star on Sault Ste. Marie walk of fame. Follow Saultsports.com for your all your youth, high school, and collegiate sports in Sault Ste Marie and Algoma. Instagram - https://bit.ly/3uZ8SZy Facebook - https://bit.ly/3mU4fNE Twitter - https://bit.ly/3tEULbu
Employee Safety in Covid19: How Can Companies Prioritize Employee Safety During a Global Pandemic? Guest: Brad Jacobs, XPO Logistics
Inbound Logistics Podcast: Supply Chain Reactions
Well into the Covid19 pandemic, companies continue to look for ways to adapt and keep operations running. But companies don’t work without employees and employees don’t work if they don’t feel safe and secure in an environment that is currently under siege. Brad Jacobs, Chairman and CEO of XPO Logistics, joins us to detail how XPO moved quickly to prioritize employee safety while continuing to provide essential infrastructure services. FOR MORE INFORMATION: https://www.xpo.com/ WANT TO RESPOND TO THIS EPISODE? Call our Dialog Line: 888-878-3247 DOWNLOAD THE NEW INBOUND LOGISTICS APP featuring the updated and expanded Logistics Planner! Available on iTunes and the Google Play Store: http://bit.ly/ILMagApp http://bit.ly/ILMagAppGoogle Are you a #logistics Thought Leader that would like to be featured on the Inbound Logistics Podcast? Connect with me on Twitter: @ILMagPodcast Email me: firstname.lastname@example.org Connect with Inbound Logistics Magazine on LinkedIn: https://www.linkedin.com/company/inbound-logistics Follow us on Twitter: www.twitter.com/ILMagazine Like us on Facebook: www.facebook.com/InboundLogistics Catch our latest videos on YouTube: www.youtube.com/inboundlogistics Visit us at www.inboundlogistics.com
XPO chief Brad Jacobs on consolidation in the $2 trillion logistics industry
Supply Chain Scoop
Brad was the biggest outsider in the logistics industry in 2011. And fast forward to now in 2018, he’s not only the biggest insider but has truly changed the face of the industry in just the past seven years he’s been in it! While most 3PLs and logistics companies are headed up by industry veterans who have lived and breathed logistics their entire lives, Brad casually walked in 7 years ago with past experiences in wildly unrelated spaces such as construction equipment, waste collection and oil trading, and went on to own the logistics industry like nobody’s business! A lot of XPOs success stems from a series of successful acquisitions – which is where Brad came with a wealth of background in! There’s a lot of exciting development in the logistics space – which is over a 1 trillion dollar industry.Questions Brad answered: An introduction to yourself What is the similarity between a construction equipment company, trash collection, oil trading and logistics? Why did you even decide in 2011 that this is now what you want do? If not logistics, what was your Plan B?What are the key things you look for while considering an acquisition?What sorts of companies are you now looking to acquire?Thoughts on autonomous trucks. How close are we to it being ubiquitous and commercially common? What impact will that have on the business? XPO’s vision towards automation in the warehouse and what does this mean for the role and extent of human labour in the warehouse?Your thoughts on the blockchain and its application in logistics? What drives you? What is your first thought when you wake up?