DiscoverInside the Strategy Room
Inside the Strategy Room

Inside the Strategy Room

Author: McKinsey & Company

Subscribed: 3,813Played: 91,622
Share

Description

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.
207 Episodes
Reverse
We are excited to present a special bonus episode of the Deal Volume podcast, which is produced by our Private Capital Practice. Our guest host for this episode is Brian Vickery, a partner in the practice who is joined by the practice's leaders, senior partners Fredrik Dahlqvist and David Quigley, to discuss key insights from the 2024 edition of our Global Private Markets Review. We hope you enjoy this discussion on the latest trends, challenges, and opportunities in the private capital landscape. Related insights: McKinsey Global Private Markets Review 2024: Private markets in a slower era Listen to the Deal Volume podcastDiscover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
Today’s discussion covers several topics from our recent report on top M&A trends. We’re joined by senior partners Jake Henry and Mieke Van Oostende, who co-lead our M&A work globally, and senior partners Michael Birshan and Andy West, who co-lead our Strategy and Corporate Finance Practice. We discuss the changing landscape of M&A, the shift from consolidation to growth and capability building, the importance of integration planning, the role of private equity, and the impact of regulatory review cycles. We also touch upon the concept of 'transact to transform' and the increasing trend of alliances and joint ventures. Related reading Top M&A trends in 2024: Blueprint for success in the next wave of deals Gen AI: Opportunities in M&ADiscover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
The need for board-level strategic conversations on geopolitical risk is urgent. To discuss how boards can guide companies through an increasingly complex geopolitical environment, we’re joined by Jon Huntsman Jr. Jon is a former US governor and diplomat who has spent nearly two decades in US public service at the state, national, and international levels. He sits on the boards of Ford, Mobileye, and Chevron, and is also the Vice Chairman of MasterCard. We're also joined by Ziad Haider, a partner in our Singapore office who co-leads our Geopolitics Practice, and Celia Huber, a senior partner in our Bay Area location who leads our North American Board Services Practice. Further reading: Black swans, gray rhinos, and silver linings: Anticipating geopolitical risks (and openings) How global companies can manage geopolitical risk  Boards can guide companies through geopolitical headwinds Geopolitical resilience: The new board imperative How three global companies navigate geopolitical risk to build resilienceDiscover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
Midcap companies have vast opportunities to increase their performance and scale if they reinvent how they work. Midsize companies don’t dominate the headlines and investor attention the way large corporations do, but they represent more than 40 percent of the global workforce and account for approximately one-third of most economies’ GDP. However, the productivity of small and midsize businesses is only half that of large companies, and lower in emerging economies. These businesses have vast opportunities to increase their performance and scale. In this episode, we discuss how midcaps can seize the opportunity to transform themselves and reach a significantly higher level of performance. Joining us are Zakir Gaibi, a senior partner in McKinsey’s Johannesburg office, Mauricio Janauskas a senior partner in the Santiago office, and Kedar Naik is a partner in the Brussels office. You can read their article Unleashing the power of midcap companies on McKinsey.com Join the McKinsey Transformation community on LinkedIn.Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
Generative AI poses both risks and opportunities. Ida Kristensen and Oliver Bevan join us to discuss how we can mitigate the former while moving to capture the latter from day one. Ida Kristensen is a senior partner in our New York office. She coleads the Risk & Resilience Practice and advises leading financial institutions on cybersecurity, strategies for risk management, regulatory compliance, and operational improvement. Oliver Bevan is a partner in our Chicago office and a leader in our Risk and Resilience and Technology Practices. He leads our client work at the intersection of technology and risk, focusing on generative AI, data privacy, third party management, and trust and safety. Ida and Oliver’s article, Implementing generative AI with speed and safety is available on McKinsey.com Related reading: The economic potential of generative AI: The next productivity frontier A generative AI reset: Rewiring to turn potential into value in 2024Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
M&A dealmakers have been on a wild ride. From the pandemic-fueled rout in 2020 to 2021’s record-breaking recovery, followed by a steep decline in 2023, the global M&A market has offered something of a masterclass in volatility. In this episode, we are joined by senior partners Jake Henry, Mieke Van Oostende, and Andy West to discuss the trends in the global M&A environment in 2024 and what they mean for business leaders. Jake and Mieke recently published a report on McKinsey.com, Top M&A trends in 2024: Blueprint for success in the next wave of deals, which forms the basis for our discussion. The report also includes a compendium of articles analyzing deal activity in the chemicals, tech media and telecom, life sciences, financial services, consumer goods, and transport and logistics industries in 2023.   Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
Private equity firms have a well-earned reputation for elevating the performance of the companies they invest in. A cornerstone of their strategy is a relentless pursuit of operational excellence to drive efficiency and productivity. In this episode, we analyze what public company CEOs can glean from the private equity playbook to enhance their own company's performance. Our guests are John Kelleher and Radhika Ray.    John is a senior partner in our Private Equity Special Operations group and serves as an interim in-house executive helping companies execute large PE-style transformations. John has served in multiple executive roles in the private equity industry—including as CEO—and is co-founder of the PE-CEO Alpha Institute, a partnership between McKinsey and Harvard Business School to train private equity portfolio company CEOs.  Radhika is a partner in our Private Equity group and has over 15 years of experience in the private equity sector. She helps our clients with large-scale transformations and oversees the service line, implementing rapid labor productivity improvements.Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
CEOs and CFOs are redefining their interactions with the board to ensure success in an era of rapid change. Joining us to delve into this growing trend of collaboration between CEOs, management teams, and boards are Celia Huber, leader of our North American board services practice, along with Michael Birshan and Andy West, the co-leaders of our Strategy and Corporate Finance Practice.    Related reading:  The board’s role in building resilience https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/the-boards-role-in-building-resilience Five ways to increase your board’s long-term impact https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/five-ways-to-increase-your-boards-long-term-impact The role of the board in preparing for extraordinary risk https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/the-role-of-the-board-in-preparing-for-extraordinary-risk  Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
Innovation in a not-for-profit context involves measuring success in terms of returns on mission rather than returns to shareholders. In this episode, McKinsey innovation expert Erik Roth talks with Sajit Joseph, the chief innovation officer of the American Red Cross, about how the 142-year-old institution began and continues to carry out its innovation journey.Explore other episodes of The Committed Innovator: https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/inside-the-strategy-room-podcast/innovation Join our Strategy and Corporate Finance  LinkedIn community   Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
Fewer than one in four companies outpace their industry peers on revenue and profit growth. We discuss new research that reveals the six mindsets and strategies that set these growth outperformers apart. We're joined by Rebecca Doherty, a partner in our Bay Area office and co-leader of our Strategic Growth and Innovation practice, Jill Zucker, a senior partner who co-leads our global growth transformation work, and Kate Seigel, a partner in our Detroit office who advises clients on growth strategy and execution using M&A and organic approaches. Related reading:  Courageous growth: Six strategies for continuous growth outperformance Join our Strategy and Corporate Finance  LinkedIn community and follow us on X at @McKStrategy. Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
Zane Rowe is the CFO of Workday, a California-based company that develops enterprise software for managing finance, HR, and planning. Workday has been growing rapidly, and its growth-oriented culture is a central theme of the discussion we recorded between Zane and McKinsey's CFO Eric Kutcher Listen to Eric's conversation with Palo Alto Network's CFO, Dipak Golechha: https://link.chtbl.com/SgZPqa6t Listen to Eric's conversation with Teradata CFO Claire Bramley: https://link.chtbl.com/w3ustEBP Join our Strategy and Corporate Finance  LinkedIn community and follow us on X at @McKStrategy. Related reading:  Data, analytics, and decisions: An interview with Teradata’s CFO Palo Alto Networks CFO on AI, cybersecurity, and the finance leader’s mandate Gen AI: A guide for CFOs Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
Boards can play an essential role in engaging management teams to ensure they fully explore the potential of generative AI, even beyond their comfort zone. In this episode, we discuss the most important questions boards need to ask senior executives as their companies move to adopt this technology. Our guests are experienced in both technology and board practices.  Frithjof Lund is our managing partner in Norway and leads our firm’s Board Services Practice globally.  Douglas Merrill is a partner in our Southern California office and was the Chief Information Officer and VP of Engineering at Google before joining McKinsey.  Alexander Sukharevsky is a senior partner in London and the global leader of QuantumBlack, McKinsey's AI arm.Aaron Rosenberg is a partner at Radical Ventures where he leads the firm's European and London investment activities and operations.  Related reading:  Four essential questions for boards to ask about generative AI The economic potential of generative AI: The next productivity frontier What every CEO should know about generative AI Join our Strategy and Corporate Finance  LinkedIn community of over 90,000 members and follow us on X at @McKStrategy.   Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
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.  Join our Strategy and Corporate Finance  LinkedIn community of over 90,000 members and follow us on X at @McKStrategy. Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
Many companies turn to transformation because their leaders seek to capture untapped potential or realize growth or efficiency gains. Yet transformations take work to get right. Our research shows less than a third of transformations reach their goals to improve organizational performance and sustain these improvements over time. To discuss how to beat those odds and sustain a holistic business transformation over the long term, we are joined by Roman Regelman and Kevin Carmody.   Roman is Senior Executive Vice President and Global Head of Securities Services and Digital at US-based financial company BNY Mellon. Kevin is a senior partner in our Transformation Practice with over twenty years of experience serving clients across Europe and North and South America.   Follow our Transformation Practice on LinkedIn Visit our Transformation Practice on McKinsey.com  Join our Strategy and Corporate Finance  LinkedIn community of more than 90,000 members and follow us on X at @McKStrategy.   Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
A chief of staff can be instrumental to a CEO's success while also advancing their own career. While the role’s variability and intensity make it challenging, they also make it exciting. We're joined by Blair Epstein, Poppy Johnson, and Connor Rochford to discuss the eight pieces of advice they have distilled from hundreds of interviews with those who have mastered the role. Read the McKinsey.com article, Seeing around corners: How to excel as a chief of staff, by Eleanor Bensley, Andrew Goodman, Poppy Johnson, and Connor Rochford Join our LinkedIn community of more than 90,000 members and follow us on X at @McKStrategy.   Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
We discuss the role M&A can play in the launch and success of large-scale transformations. Our guests are Chris Hagedorn and Alex Liu. Chris is a leader in our Transformation Practice, where he designs and executes comprehensive transformations, including M&A integration and value capture to achieve rapid and sustainable performance improvement for clients. Alex is a leader in our M&A Practice. He works closely with senior leadership teams on large-scale mergers and brings expertise in realizing revenue-based synergies.  Chris and Alex's recent McKinsey.com article: When a transaction forges a transformation  Join our LinkedIn community of more than 90,000 members and follow us on X at @McKStrategy. Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
In this episode, we share advice and insights for new CEOs about how they can make a strong start in the role. Sean Brown is joined by Carolyn Dewar, a senior partner in our San Francisco office who is the founder and co-leader of our CEO Excellence Practice. She is also a co-author of last year’s NY Times bestseller, CEO Excellence: The Six Mindsets That Distinguish the Best Leaders from the Rest. Joining Carolyn is Kurt Strovink, a senior partner in our New York office and co-leader of our global CEO initiative. He serves as a counselor to CEOs across industries and is a co-author, with Carolyn, of the Mckinsey.com article, Starting strong: Making your CEO transition a catalyst for renewal. Join our LinkedIn community of more than 87,000 members and follow us on X at @McKStrategy.  Explore more Inside the Strategy Room episode transcripts on McKinsey.com If you would like to receive alerts on our latest insights, you can sign up at McKinsey.com/scf Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
This shift from industry sectors to customer-focused ecosystems may be the largest economic reorganization in history. What role will your company play? Global ecosystems are breaking down barriers separating traditional industries and organizing the economy around key customer needs. In this episode of Inside the Strategy Room, the co-authors of the new book The Ecosystem Economy: How to Lead in the New Age of Sectors Without Borders, explain how companies can secure their place in the ecosystem evolution. Miklós Dietz leads McKinsey’s strategy and corporate finance work within our Financial Services practice and Venkat Atluri heads up our Technology, Media & Telecommunications practice. Listen to episode 133. Digital ecosystems: Creating value in the new age of sectors without borders Join our LinkedIn community of more than 87,000 members and follow us on Twitter at @McKStrategy.  Explore more Inside the Strategy Room episode transcripts on McKinsey.com If you would like to receive alerts on our latest insights, you can sign up at McKinsey.com/scf Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
Scott Wine is the CEO of the multinational equipment manufacturer and services company, CNH Industrial. The company's brands include CASE and New Holland. Scott reflects on the challenges of leading a globally dispersed business, the critical importance of technology to agriculture, and what he learned from running the executive dining room for General Colin Powell. He spoke with senior partner Celia Huber during our recent global strategy and leadership event in New York.  Join our LinkedIn community of more than 90,000 members and follow us on X at @McKStrategy. Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
Boards are under increasing pressure to navigate a complex business environment, stay on top of accelerating technological advances, manage growing stakeholder expectations, and in some cases, set the organization's ambition level to catalyze change in close collaboration with management.  To discuss how the role of the board is developing in light of these challenges we're joined by Karen McLoughlin, a former CFO who is a long-time board director for Best Buy, among other companies, Steven Sterin, who serves on the boards of DuPont and Kosmos Energy, and Frithjof Lund, a senior partner in our Oslo office and global leader of our Board Services practice. Related Insights Starting your board journey: Six steps to guide director hopefuls The board’s role in building resilience  ‘Spotlight’ on board diversity: McKinsey and Goldman Sachs move the needle Geopolitical resilience: The new board imperative Join our LinkedIn community of more than 91,000 members and follow us on X at @McKStrategy. Discover our latest insights and join more than 90,000 influential professionals who are part of our LinkedIn community.: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information
loading
Comments (2)

𝓮𝓵𝓪

Hello. Thank you for your great podcast. Where can I find the transcript for this episode? The transcript for this episode is available on the website https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/inside-the-strategy-room-podcast. Is there any other place where I can access it? I would appreciate your guidance.

Jun 2nd
Reply (1)