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Chris Malone
Partner at Dalberg
Chris Malone is a Partner at Dalberg Advisors, recently joining the firm as part of its expansion into Vietnam. He has over 20 years of experience working with senior government leaders in Asia, including several heads of state.1 Malone specializes in inclusive economic growth, innovation, and digital and AI transformation.1
Prior to joining Dalberg, Chris was the Managing Partner of Vietnam for BCG and the Global Head of Economic Development.1 He also led a boutique advisory firm called Panl, which specialized in high social impact initiatives.12
In his role at Dalberg, Chris is focused on:
- Developing projects to address pressing challenges in Southeast Asia
- Strengthening Dalberg's portfolio in inclusive economic development
- Achieving impact through partnerships with large corporate clients1
Chris Malone is based in Ho Chi Minh City, Vietnam, where Dalberg is establishing a new office in 2024.13 He is also a Board Member at Fulbright University Vietnam and an expert in economic systems in developing markets.2 Chris holds a degree from Oxford University.2
Highlights
Vietnam has the potential to generate an additional 20bln USD in targeted business services if the country can leverage GenAI to enhance productivity. This is through leveraging the nation’s talented tech workforce (ranked 23 globally) to enhance competitiveness, increase market share in specific industries, and tapping into new value chains created by GenAI.
Recent studies on management consultants, law students, and call centre workers demonstrate how GenAI tools can significantly reduce the productivity gap in business services, with outsized benefits for low-productivity workers, who can see a 25-40% increase in their productivity.
Achieving this requires strong collaboration between the government, universities, companies, and substantial improvements in data and computing infrastructure. Thus, Vietnam should begin by focusing on its strengths — applying AI in manufacturing, IT, and technical services — while simultaneously leveraging AI to meet local and regional demand in professional, administrative, support services, finance, and insurance.
Tremendous thanks to the GenAI Summit in Ho Chi Minh City this past Sunday for giving me the opportunity to share the potential impact that GenAI has on Vietnam’s economy and meeting some of the leading minds on GenAI from the region and around the globe. One such individual I had the honour of sharing the stage with is Jeff Dean, Chief Scientist at Google DeepMind and Google Research, and truly a pioneer in the field. Safe to say that I got a crash course in how LLMs work from him.
My “GenAI Weekend” in HCMC was capped off with the outstanding news of Google’s 1.5mln USD grant to Fulbright University Vietnam to develop its AI research and training program for undergraduate students — made possible with my fellow Trustee Le Viet Quoc. https://lnkd.in/gFDVRjcF
I look forward to seeing — and being part of — Vietnam’s GenAI journey from the ground up. New Turing Institute (NTI) Rethink Healthcare Foundation
The Beauty of Competition: Five Reflections on the Touch Rugby World Cup
In the early part of my career, I worked and trained under Prof. Michael Porter from the Harvard Business School whose work covers many subjects but has a consistent theme of ‘the power of competition’.
Returning from one week of playing in the Touch Rugby World Cup, where the Singapore Men's 50s finished with a balanced record of 4W (Chile, Fiji, Malaysia, Scotland) and 4L (Australia, England, France, South Africa), I have ‘the beauty of competition’ on my mind. Five reflections:
#1 Intense competition is a unique force for improvement We won and lost against some teams by a significant margin—but that did not teach us much about how to improve. Only in closer games—and in losses we felt we could win—were we motivated and able to make significant changes.
#2 Get into the game, get found out, and make an early pivot Your perceived assets (in our case—fitness and defense) are theoretical advantages until they are tested. We needed to adjust halfway into the tournament—for example, putting more momentum into our attack. It is sensible to plan for these pivots once you are out of planning and into the real world.
#3 Dream big and dream small We dreamt of being giant slayers against the world champions, Australia, and for 10 of 40 minutes playing against them, we were. But they are world champions for a reason. We were drained after this significant loss and performed flat for our following game vs. France. We would have done well to invest more time and energy in the less iconic games.
#4 To be competitive you need both the spirit and the science Our team had outstanding ‘esprit de corps’—some of the best I have ever experienced. But team spirit is like fatherhood and ice-cold beer: most of us can agree it is a good thing. The revelation for me was how the entire team was lifted by the sports science and professionalism that was introduced by our leadership. The less glamorous elements of the full game cycle—fitness, planning, drilling moves & technique, selection & rotation, warm-ups, warm-downs, de-briefs, feedback etc.—had a huge effect on performance.
#5 Competition is dynamic, so do your scenario planning In sports there is a culture that prevents contemplation and discussion of defeat, or other negative outcomes—despite their inevitability. Scenario planning is a great way to model possible outcomes in an impartial manner and figure how to respond. We should have done more of this. And in sport, you find out quickly that you are also part of someone else’s scenario planning.
As I build out and execute the Dalberg strategy in Southeast Asia, I will be keeping much of this in mind, and hopefully this provides some food for thought for others.
And finally, competition allows for personal dreams to be pursued and fulfilled along the way. Mine was playing in a competitive match against a Fijian national rugby team, which will stay with me forever.
