If you have an ambition but no plan behind it, you’re probably not going to get the results you’re looking for. According to recent McKinsey research on the UK economy, the highest-performing UK companies have grounded their ambitions in a set of five conditions—looking at investors, incentives, sources of growth, partnerships, and people. And the results speak for themselves. On today’s episode of The McKinsey Podcast, senior partners Andrew Goodman and Tunde Olanrewaju speak with editorial director Roberta Fusaro about this research.

In our second segment, we look at the role of the CEO during an M&A transition with senior partner Mieke Van Oostende, from our CEO Insights series.