# The Urgent Race to Create 800 Million Jobs: World Bank President Ajay Banga’s Global Challenge Page: https://stenobird.com/podcast/redefiners-4103317/the-urgent-race-to-create-800-million-jobs-world-bank-president-ajay-banga-s-global-challenge Text version: https://stenobird.com/podcast/redefiners-4103317/the-urgent-race-to-create-800-million-jobs-world-bank-president-ajay-banga-s-global-challenge.md Podcast: [Redefiners](https://stenobird.com/podcast/redefiners-4103317) Published: 2025-11-19T05:00:00+00:00 Episode link: https://www.russellreynolds.com/en/insights/podcasts/redefiners Audio file: https://pdrl.fm/74755d/audio-delivery.cohostpodcasting.com/audio/6df349ec-d648-450e-b4dc-18c7bb07e8d3/episodes/8a44f43c-babd-4de8-ba88-cfd172c73442/episode.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/redefiners-4103317/episodes/the-urgent-race-to-create-800-million-jobs-world-bank-president-ajay-banga-s-global-challenge Duration seconds: 1730 ## Resource Roughly 1.2 billion young people will reach working age in developing countries over the next 10-15 years. However, current projections show that only 420 million jobs are expected to be created by that time, meaning millions of young people will be left without a clear path to employment.     World Bank President Ajay Banga joins Clarke Murphy and Marla Oates on Redefiners to talk about what the Bank is doing about it, and why job creation is so critical to both developing countries and the global economy. Ajay talks about what he’s doing to transform the 80-year old institution into a faster, more efficient, and more impactful partner in development, including partnering more with the private sector to increase investments in emerging markets. He also discusses what he calls the Decency Quotient and how leaders can tap into that in order to lead people with a hand on their back, not in their face.    We’ll also hear from Rebecca Hart , a leadership advisor in our Atlanta office, who will discuss why the most successful leaders prioritize curiosity over having all the answers.    Four things you’ll learn from this episode:   How to get everyone aligned with a bold mandate, mission and vision and how to deal with challenging feedback  Why job creation is a critical piece in global development  Why the private sector is critical to international development   What the Decency Quotient is and why it matters for leaders today    If you enjoyed this episode, you might also like these Redefiners episodes:   Music with a Mission: Former MTV International Chairman and CEO Bill Roedy on Leading with Purpose   Leadership Lounge: Built to Last or Built to Learn: How Leaders Can Develop Resilience &nb… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/redefiners-4103317/episodes/the-urgent-race-to-create-800-million-jobs-world-bank-president-ajay-banga-s-global-challenge/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/redefiners-4103317/the-urgent-race-to-create-800-million-jobs-world-bank-president-ajay-banga-s-global-challenge.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.