McKinsey & Company’s Post

I have always wondered how this happens 😮 Providing consultancy to various multinational companies by following trends in technology is impressive, but the most fascinating thing that keeps McKinsey & Company outstanding is the way they deal with people ! It is easier to deal with bots than to handle the complex neurons of a human brain that can think about millions of things simultaneously. This art of dealing with human brains and winning hearts in the world's biggest game—business—is quite interesting. McKinsey is evolving together with the human race, and yes, that top-notch skill has made McKinsey the power player of all time ✨ #McKinsey #consultancy #business #MBB

Who else attended the World Strategy Day 2023 webinar hosted by Cascade? At the WSD Conference, it was discussed that the number of decision-makers involved in a mission-critical business decision had increased substantially. In a 2022 survey by Raconteur, it was reported that 1 in 5 (21%) business leaders report their enterprises have at least 16 people involved. At Stellar, we help our clients navigate the increasingly complex enterprise environment, including the expansion of decision-makers company-wide in their digital transformation journeys. Some of our engagement success includes the right people involved at the right time, leveraging our seasoned team’s expertise in best practices and lessons learned, and leveraging rapid prototyping, which dramatically aligns visions in a tangible way. https://lnkd.in/dFdxgQiA

The seven decisions that matter in a digital transformation: A CEO’s guide to reinvention... Being the CEO of a large company facing digital disruption can seem like being a gambler at a roulette table. You know you need to place bets to win, but you have no idea where to put your chips. Of course, digital transformations aren’t games of chance. But they do require big and bold commitments in the midst of uncertainty to reinvent the business rather than just improve it. The seven decisions are: 1. Where the business should go? 2. Who will lead the effort? 3. How to ‘sell’ the vision to key stakeholders 4. Where to position the firm within the digital ecosystem? 5. How to decide during the transformation 6. How to allocate funds rapidly and dynamically 7. What to do when McKinsey published this article a while ago now, but it's still relevant today and we still refer to it to drive the thought process through digital transformations for our clients! Read the full article here: https://buff.ly/3XCisDa #digitaltransformation #decisions #thinklikeLINQ

I am working on an adaptation to McKinsey's 3 Horizons of Growth framework. My goal is to refine this in a way that better speaks to the needs of product companies. McKinsey recently updated their model to remove the concept of timeframes, focusing more on outcomes. I'm adapting that new model to emphasize features and capabilities. Ideally, this helps answer the questions below. - Horizon 1: How do I optimize existing capabilities for existing markets? - Horizon 2: How do I infuse new capabilities into existing markets? - Horizon 3: How do I transform those same capabilities into new business lines? I'd love to hear your thoughts. Also, this will likely be one of the first topics I cover in my upcoming newsletter. See the link in the first comment to join the waitlist. #innovation #businessstrategy #digitaltransformation

Grateful to have the opportunity to author this article along with colleagues Ian Colotla, William Fookes, Erik Schaefer, Richard Sellschop, and Joris Wijpkema. We were supported by many including Christian Johnson and the staff at McKinsey publishing. Thank you for helping to pull this article together. I believe the article does a good job of connecting the fundamental truths that many of us have learned over decades of continuous improvement work, with some of the latest and most powerful approaches to drive heartfelt engagement across organizations, supported by technology that enhances (more than replaces) the most valuable asset of all, human talent. The more organizations we can move in this direction, the better workplaces we can create for people while working in harmony with communities and countries. I'm curious to hear your thoughts. Where did we hit it well? What could have been stronger? What else needed to be included? ➡️https://lnkd.in/giq-6XuA #OperationalExcellence #Technology #Operations

A recent landmark study by McKinsey & Company has shed light on how leading organizations outperform in times of uncertainty. Register to discover actionable insights on how to drive strategic growth in your organization. #WDAYWebcasts #TeamWDAY

A recent landmark study by McKinsey & Company has shed light on how leading organizations outperform in times of uncertainty. Register to discover actionable insights on how to drive strategic growth in your organization. #WDAYWebcasts #TeamWDAY