Business transformation has evolved markedly in recent years as technology and the pace of change reshape the landscape organizations face. Once a byword for cost-cutting, transformation now more readily incorporates bold, strategic goals. Today, we discuss the core elements of a successful transformation and how to confront some of the common challenges.

We are joined by three deeply experienced leaders from our Transformation Practice to discuss how transformation has evolved over the years. Kevin Carmody is a senior partner based in our Chicago office and works with management teams, boards of directors, and other stakeholders on complex performance transformations, strategy, change management programs, and corporate finance. Louisa Greco is a partner in our Toronto office and focuses on driving broad-scale transformations, commercial improvement, growth and innovation, and organizational effectiveness. Rob Montgomery is a partner in our San Francisco office and has designed and led comprehensive transformations across industries. All our guests have served in senior executive and chief transformation officer roles.

Related Insights

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

Ready, set, go, and keep going: Why speed is key to a successful transformation

Breaking the mold: Five behaviors of leading growth transformers

Meet the newest member of the consumer C-suite: The chief transformation officer

Driving long-term business transformation

 

McKinsey Insights on Transformation

McKinsey Transformation on LinkedIn

Business transformation has evolved markedly in recent years as technology and the pace of change reshape the landscape organizations face. Once a byword for cost-cutting, transformation now more readily incorporates bold, strategic goals. Today, we discuss the core elements of a successful transformation and how to confront some of the common challenges.
We are joined by three deeply experienced leaders from our <a href="https://www.mckinsey.com/capabilities/transformation/our-insights">Transformation Practice</a> to discuss how transformation has evolved over the years.&nbsp;<a href="https://www.mckinsey.com/our-people/kevin-carmody">Kevin Carmody</a> is a senior partner based in our Chicago office and works with management teams, boards of directors, and other stakeholders on complex performance transformations, strategy, change management programs, and corporate finance. <a href="https://www.mckinsey.com/our-people/louisa-greco">Louisa Greco</a> is a partner in our Toronto office and focuses on driving broad-scale transformations, commercial improvement, growth and innovation, and organizational effectiveness. <a href="https://www.linkedin.com/in/montgomeryrob/">Rob Montgomery</a> is a partner in our San Francisco office and has designed and led comprehensive transformations across industries. All our guests have served in senior executive and chief transformation officer roles.
Related Insights
<a href="https://www.mckinsey.com/capabilities/transformation/our-insights/defining-your-true-north-a-road-map-to-successful-transformation">Defining your &lsquo;true north&rsquo;: A road map to successful transformation</a>
<a href="https://www.mckinsey.com/capabilities/transformation/our-insights/ready-set-go-and-keep-going-why-speed-is-key-for-a-successful-transformation">Ready, set, go, and keep going: Why speed is key to a successful transformation</a>
<a href="https://www.mckinsey.com/capabilities/transformation/our-insights/breaking-the-mold-five-behaviors-of-leading-growth-transformers">Breaking the mold: Five behaviors of leading growth transformers</a>
<a href="https://www.mckinsey.com/capabilities/transformation/our-insights/meet-the-newest-member-of-the-consumer-csuite-the-chief-transformation-officer">Meet the newest member of the consumer C-suite: The chief transformation officer</a>
<a href="https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/driving-long-term-business-transformation">Driving long-term business transformation</a>
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<a href="https://www.mckinsey.com/capabilities/transformation/our-insights">McKinsey Insights on Transformation</a>
<a href="https://www.linkedin.com/showcase/mckinsey-transformation/">McKinsey Transformation on LinkedIn</a>

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We all know the world is moving faster. We also know that as upheaval becomes the norm, vast business opportunities will be within the grasp of the extraordinary few.  But it takes bold people and courageous approaches to seize those opportunities and create value.

In each episode of our weekly podcast, we sit down with the world’s highest-performing CEOs, CFOs, innovators, and McKinsey experts and discuss how they build the courage, clarity, conviction, and cohesion that allows their businesses to win by moving faster than the world around them. 

We all know the world is moving faster. We also know that as upheaval becomes the norm, vast business opportunities will be within the grasp of the extraordinary few.  But it takes bold people and courageous approaches to seize those opportunities and create value.
In each episode of our weekly podcast, we sit down with the world’s highest-performing CEOs, CFOs, innovators, and McKinsey experts and discuss how they build the courage, clarity, conviction, and cohesion that allows their businesses to win by moving faster than the world around them.

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