Why do so many beloved companies lose their way after taking on outside capital or going public? Eric Ries, author of Incorruptible and founder of the Long-Term Stock Exchange, joins senior partner Ryan Davies to discuss “financial gravity,” the force that pulls organizations toward mission drift. Drawing on stories such as Costco’s origins, they explore how governance built on purpose, coherence, and integrity can help companies earn trust and create long-term value.

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Learn more about Eric Reis

Strategy and Value: The Four Foundations That Drive Long Term Performance

How CEOs can play the long game in a shortsighted world

Why do so many beloved companies lose their way after taking on outside capital or going public? <a href="https://ericries.co/">Eric Ries</a>, author of Incorruptible and founder of the <a href="https://ltse.com/">Long-Term Stock Exchange,</a> joins senior partner <a href="https://www.mckinsey.com/our-people/ryan-davies">Ryan Davies</a> to discuss &ldquo;financial gravity,&rdquo; the force that pulls organizations toward mission drift. Drawing on stories such as Costco&rsquo;s origins, they explore how governance built on purpose, coherence, and integrity can help companies earn trust and create long-term value.
Related insights
<a href="https://ericries.co/">Learn more about Eric Reis</a>
<a href="https://www.mckinsey.com/featured-insights/mckinsey-on-books/strategy-and-value">Strategy and Value: The Four Foundations That Drive Long Term Performance</a>
<a href="https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/how-ceos-can-play-the-long-game-in-a-shortsighted-world">How CEOs can play the long game in a shortsighted world</a>

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.

What does it take to survive in a world of constant change? More than ever, enterprises need to create strategies that can meet current needs but also adapt to future demand. A regular series of interviews with McKinsey partners and corporate executives.

Inside the Strategy Room

The world is moving faster, and 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 interview the world’s highest-performing CEOs, CFOs, innovators, and McKinsey experts and discuss how they build the courage, clarity, conviction, and cohesion that allow their businesses to win by moving faster than the world around them. 

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