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Inside the Strategy Room
McKinsey & Company
We talk with McKinsey partners and corporate executives on the challenges they face creating lasting strategies in a fast-changing world. We also examine the different ways these executives approach these challenges and the new and innovative ways they think of creating a vision for their enterprises.
- 28 minutes 19 secondsWhat an AI-powered finance function of the future looks like
In this bonus episode of Inside the Strategy Room, we feature an interview with OpenAI CFO Sarah Friar from the At the Edge podcast. Sarah joined our senior partner, Lareina Yee, to discuss how to lead through this era of intense technological change and what it means for the future of the finance function and business leadership.
Our At the Edge podcast features conversations with creative leaders and pioneers who demystify cutting-edge technologies and share strategies for companies to capture big opportunities.
Related insights
Keeping artificial intelligence real
Cisco Systems CFO on M&A, geopolitics, and the emerging AI opportunity
Managing the risks around generative AI
See www.mckinsey.com/privacy-policy for privacy information
16 January 2025, 1:30 pm - 41 minutes 54 seconds234. Building the will to transform: The importance of communication in transformations
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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9 January 2025, 1:30 pm - 32 minutes 4 seconds232. Best of 2024 - What’s new in strategy: A view from the frontlines
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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2 January 2025, 1:30 pm - 37 minutes 8 seconds231. Best of 2024 - Why strategists should embrace imperfection
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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26 December 2024, 1:30 pm - 39 minutes 23 seconds230. How boards can tackle geopolitical risk
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
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19 December 2024, 1:30 pm - 43 minutes 17 seconds229. How to sustain transformation success
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.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
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12 December 2024, 12:00 pm - 38 minutes 10 seconds228. How talent drives value in private capital
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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5 December 2024, 11:00 am - 48 minutes 45 seconds227. Retired CIA Director John Brennan: Why modernization is ‘never over’
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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28 November 2024, 11:36 pm - 39 minutes 27 seconds226. Helping India’s e-commerce leapfrog into the future
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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21 November 2024, 12:00 pm - 51 minutes 39 seconds225. Alex Gorsky, former chair and CEO of Johnson & Johnson
This week, we feature a conversation between Alex Gorsky, former chair and CEO of Johnson & Johnson, and Andy West, senior partner and global coleader of our Strategy and Corporate Finance Practice.
Alex discusses his approach to developing strategy, the challenges and rewards of developing a successful innovation and M&A pipeline, and his approach to decision-making and building a star team.Related Insights
Top M&A trends in 2024: Blueprint for success in the next wave of deals
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15 November 2024, 12:58 am - 42 minutes 38 seconds224. Strategies to navigate geopolitical uncertainty
This week, we discuss strategies for navigating geopolitical uncertainty with the authors of a recent article on the subject. Michael Birshan is a senior partner and co-leads our Strategy & Corporate Finance practice globally and also serves on the McKinsey Global Institute Council, Ziad Haider is a partner and our global director of geopolitical risk, and Olivia White is a senior partner and director of our business and economics research arm, the McKinsey Global Institute.
Related insights:
Can your company remain global and if so, how?
Black swans, gray rhinos, and silver linings: Anticipating geopolitical risks (and openings)
See www.mckinsey.com/privacy-policy for privacy information
7 November 2024, 9:00 pm - More Episodes? Get the App
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