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.
The Committed Innovator: A conversation with Amy Brooks of the NBA
The COVID-19 pandemic forced the National Basketball Association (NBA) to develop new ways to engage with fans. Amy Brooks is the NBA’s first chief innovation officer. She oversees innovation initiatives across four leagues—the NBA, the Women’s National Basketball Association (WNBA), the NBA G League (minor league), and the esports NBA 2K League—and has used the difficulties of the pandemic as an opportunity to experiment. In this episode of our Committed Innovator series, she shares with McKinsey’s innovation leader Erik Roth her organization’s numerous new projects that have spurred growth despite unprecedented constraints around live games.
Ron O’Hanley of State Street on corporate resilience and ESG
As chairman and CEO of State Street Corporation, Ron O’Hanley oversees one of the largest and oldest American financial institutions, with $38 trillion in assets under custody and administration, and $3.5 trillion in assets under management. In this episode he tells Celia Huber, who leads McKinsey’s board services work in North America, why State Street’s focus on environmental, social, and corporate governance (ESG) issues has grown dramatically, what gaps in Corporate America’s resilience the pandemic has revealed, and how State Street is disrupting its own business.
Michelle Gass of Kohl’s on shifting from survival to growth
For Michelle Gass, the CEO of US retail chain Kohl’s, the pandemic delivered an education in the importance of decisive and inclusive leadership. But preparing the company for growth in the recovery, starting with a major partnership with cosmetics brand Sephora, is where her true passion lies. In this episode, she speaks with Sajal Kohli, leader of McKinsey’s global retail and consumer packaged goods work, about using the crisis to reposition the retailer for a new era.
The Committed Innovator: A conversation with Tanya Baker of Goldman Sachs Accelerate
As the global leader of GS Accelerate, Goldman Sachs’ internal incubator that identifies, invests in, and develops new businesses, Tanya Baker has been instrumental in helping the financial services giant establish sustainable innovation capabilities. In this episode of the Committed Innovator series, Baker shares her experience evolving the program and fostering entrepreneurial ventures within the firm. Tanya spoke with Erik Roth, who leads McKinsey’s innovation work globally.
The 21st century corporation: A conversation with Brian Chesky of Airbnb
Airbnb navigated a major crisis in 2020–the online marketplace went from having its long-term survival questioned to staging a successful IPO several months later. In this episode, James Manyika, a senior partner based in San Francisco who co chairs the McKinsey Global Institute, talks with Brian Chesky about his experience leading Airnbnb through the crisis. Their discussion is based upon an article James recently co-authored titled, ‘It's time to build 21st century companies: Learning to thrive in a radically different world’ and inspired by his conversations and work with CEOs like Brian.
You’ll hear James share some of the core insights from the article before Brian discusses how Airbnb addressed the sudden and dramatic plunge in its business, how they adapted their business model to those new realities, and how they led to a reimagination of how Airbnb defines its role in society and the economy.
This podcast was recorded during a recent online global CEO event focused on growing out of the crisis.
Untangling the often mysterious process of joining a corporate board
The process of joining a public company’s board tends to be complex and confusing, especially for first-time directors. In this episode of the Inside the Strategy Room podcast, Celia Huber, who leads McKinsey’s board services work in North America, speaks with experts on board membership and governance from the executive search and leadership consulting firm Spencer Stuart, based in Chicago, and the independent investment management company Invesco, headquartered in Atlanta. Julie Daum, head of Spencer Stuart’s board practice in North America, and Sarah Beshar, a corporate lawyer who chairs the nomination and corporate governance committee on Invesco’s board, about the preparations and commitments that newcomers to board service should expect.
My favourite podcast; based on excellent studies, interesting guests and good real life examples.