• 234. Building the will to transform: The importance of communication in transformations
    Jan 9 2025

    The way leaders talk about the goals and process of transformation has a profound influence on outcomes.

    The process of transformation can challenge any organization that undertakes it. In this episode, McKinsey transformation experts John Parsons, Dominic Skerritt, and Mary Lass Stewart talk about the role of communication to engaging and keeping team members on board and energized throughout the process. The trio recently co-authored an article on the subject, Going all in: Why employee ‘will’ can make or break transformations.

    Related insights

    How to communicate effectively in times of uncertainty

    To deliver a transformation’s full potential, put the front line first

    The powerful role financial incentives can play in a transformation

    How many people are really needed in a transformation?

    McKinsey Insights on Transformation

    McKinsey Transformation on LinkedIn

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    42 mins
  • 232. Best of 224 - What’s new in strategy: A view from the frontlines
    Jan 2 2025

    Senior partners Alex D’Amico, Michael Birshan, and Andy West join us for a conversation about the latest developments in the field of strategy. They discuss how generative AI will change strategy creation, the importance of developing distinctive insights as part of the strategy process, and how to avoid social dynamics from derailing your organization’s best-laid plans.

    Related insights:

    • Strategic courage in an age of volatility
    • Tying short-term decisions to long-term strategy
    • Strategy Beyond the Hockey Stick
    • Eight shifts that will take your strategy into high gear
    • The social side of strategy
    • The board’s role in strategy

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    32 mins
  • 231. Best of 2024 - Why strategists should embrace imperfection
    Dec 26 2024

    We're joined by Charles Conn and Rob McLean, AM, the co-authors of The Imperfectionists: Strategic Mindsets for Uncertain Times.

    Charles is an investor, environmentalist, and entrepreneur. He co-founded Monograph, a venture firm, and was previously CEO of the Rhodes Trust in Oxford. He is the Board Chair of Patagonia and sits on The Nature Conservancy European Council. He was the founding CEO of Ticketmaster-Citysearch and a partner at McKinsey & Company.

    Rob is a Director Emeritus of McKinsey & Company, a Trustee of The Nature Conservancy in Australia and Asia, and a Director of the Paul Ramsay Foundation, Australia’s largest philanthropic foundation. He is the former Dean of the Australian Graduate School of Management. He was a Fulbright Scholar at the Columbia University Graduate School of Business.

    Rob and Charles' books can be found here: https://bulletproofproblemsolving.com/

    You can also listen to their previous interview on Inside the Strategy Room or read the edited transcript on McKinsey.com.

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    37 mins
  • 230. How boards can tackle geopolitical risk
    Dec 19 2024

    Corporate boards face increased complexity today, with heightened geopolitical risk key among the concerns they must consider as they guide the companies they serve. In this episode, three experts on boards and geopolitics discuss how boards can best adapt to this new normal. Dominic Barton is board chair for the metals and mining company Rio Tinto, and also for the impact investment firm Leapfrog investments. He's also a senior advisor and partner at the AI investment firm Radical Ventures. Previously, Dom served as Canada’s ambassador to China. And before that he was a McKinsey senior partner who served as our global managing partner for three terms. Frithjof Lund is a senior partner who leads our Board Services Practice as well as our Norway office. He helps boards of directors improve corporate governance. Ziad Haider is a partner and our global director of geopolitical risk. He is based in our Singapore office, and counsels CXOs and boards on how to build out their capabilities to better understand, monitor, and mitigate geopolitical risk.

    Related insights

    Eye in the sky: Launching a geopolitical risk unit

    Building geopolitical resilience: The people agenda

    Geopolitical risk: Navigating a world in flux

    Helping boards manage geopolitical risk with Jon Huntsman Jr.

    How global companies can manage geopolitical risk

    How three global companies navigate geopolitical risk to build resilience

    Can your company remain global and if so, how?

    Black swans, gray rhinos, and silver linings: Anticipating geopolitical risks (and openings)

    McKinsey Strategy & Corporate Finance on LinkedIn

    McKinsey Geopolitics

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    39 mins
  • 229. How to sustain transformation success
    Dec 12 2024

    Too often, business transformation is treated as a short-term exercise or financial goal. In this episode, three of our transformation experts share the core elements of a sustained transformation, in which mindsets shift, expectations change, and new heights are reached.

    Stephan Görner is a senior partner and the global co-leader of our Transformation Practice. He was joined by senior partner Michael Bucy and associate partner Rachel McKlindon.

    Related insights

    Sustaining the momentum of a transformation

    Why isn’t your transformation showing up in the bottom line?

    What is business transformation?

    Losing from day one: Why even successful transformations fall short

    To deliver a transformation’s full potential, put the front line first

    The powerful role financial incentives can play in a transformation

    How many people are really needed in a transformation?

    McKinsey Insights on Transformation

    McKinsey Transformation on LinkedIn

    Discover our latest insights and join more than 92,000 influential professionals who are part of our LinkedIn community: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/

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    43 mins
  • 228. How talent drives value in private capital
    Dec 5 2024

    Sourcing and retaining talent is an evergreen challenge for companies, and it is even more important to realizing value creation goals in private capital backed companies. In this episode we hear from two of our experts on the subject. Marla Capozzi is a partner in our Boston office and a leader and founder of CEO Alpha, our initiative to deliver outperformance for private company CEOs and future leaders. At the time of recording, Dr. Claudy Jules was a partner in our Washington, DC, office and a leader in our private capital practice. He has since left our firm.

    Related Insights

    McKinsey insights on private capital

    CEO Excellence: The Six Mindsets That Distinguish the Best Leaders From the Rest

    Achieving hypergrowth: It’s all about the people

    Chief performance officers can be a secret ingredient for private equity success. Here’s why

    Five alphas: Essential capabilities to succeed in the next era of private capital

    CEO alpha: A new approach to generating private equity outperformance

    The CEO alpha: The advantages of exceptional leadership

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    38 mins
  • 227. Retired CIA Director John Brennan: Why modernization is ‘never over’
    Nov 28 2024

    Organizations often struggle to adapt to change, whether technological, economic, or geopolitical. Yet change is inevitable, especially as technology evolves. This week, we are joined by retired Central Intelligence Agency Director John Brennan, who, from 2013 to 2017, transformed the agency’s organizational structure to better meet its full potential. John spoke with Megan McConnell, a partner based in our Washington D.C office who assists large, complex institutions in transforming how they run their organizations.

    Related Insights

    Insights on Transformation on www.mckinsey.com

    McKinsey Transformation on LinkedIn

    Defining your ‘true north’: A road map to successful transformation

    How to gain and sustain a competitive edge through transformation

    Leading agile transformation: The new capabilities leaders need to build 21st-century organizations

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    49 mins
  • 226. Helping India’s e-commerce leapfrog into the future
    Nov 21 2024

    McKinsey innovation leader Erik Roth speaks with Shiprocket cofounder and CEO Saahil Goel about how he built his e-commerce logistics company into a highly successful platform that is helping launch new entrepreneurs all over India.

    Related Insights

    Follow The Committed Innovator podcast: https://omny.fm/shows/the-committed-innovator

    Read the transcript: https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/helping-indias-e-commerce-leapfrog-into-the-future

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    39 mins