196 episodes

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.

Inside the Strategy Room McKinsey & Company

    • Business
    • 5.0 • 3 Ratings

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.

    196. A guide for boards on generative AI: Four questions for management teams

    196. A guide for boards on generative AI: Four questions for management teams

    Boards can play an essential role in engaging management teams to ensure they fully explore the potential of generative AI, even beyond their comfort zone. In this episode, we discuss the most important questions boards need to ask senior executives as their companies move to adopt this technology. Our guests are experienced in both technology and board practices. 

    Frithjof Lund is our managing partner in Norway and leads our firm’s Board Services Practice globally. 

    Douglas Merrill is a partner in our Southern California office and was the Chief Information Officer and VP of Engineering at Google before joining McKinsey. 

    Alexander Sukharevsky is a senior partner in London and the global leader of QuantumBlack, McKinsey's AI arm.Aaron Rosenberg is a partner at Radical Ventures where he leads the firm's European and London investment activities and operations. 


    Related reading: 

    Four essential questions for boards to ask about generative AI The economic potential of generative AI: The next productivity frontier

    What every CEO should know about generative AI

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    • 48 min
    195. Why strategists should embrace imperfection

    195. Why strategists should embrace imperfection

    We're joined by Charles Conn and Rob McLean, AM, the co-authors of The Imperfectionists: Strategic Mindsets for Uncertain Times. Charles is an investor, environmentalist, and entrepreneur. He co-founded Monograph, a venture firm, and was previously CEO of the Rhodes Trust in Oxford. He is the Board Chair of Patagonia and sits on The Nature Conservancy European Council. He was the founding CEO of Ticketmaster-Citysearch and a partner at McKinsey & Company. Rob is a Director Emeritus of McKinsey & Company, a Trustee of The Nature Conservancy in Australia and Asia, and a Director of the Paul Ramsay Foundation, Australia’s largest philanthropic foundation. He is the former Dean of the Australian Graduate School of Management. He was a Fulbright Scholar at the Columbia University Graduate School of Business.

    Rob and Charles' books can be found here: https://bulletproofproblemsolving.com/

    You can also listen to their previous interview on Inside the Strategy Room or read the edited transcript on McKinsey.com. 


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    • 37 min
    194. Driving long-term business transformation

    194. Driving long-term business transformation

    Many companies turn to transformation because their leaders seek to capture untapped potential or realize growth or efficiency gains. Yet transformations take work to get right. Our research shows less than a third of transformations reach their goals to improve organizational performance and sustain these improvements over time.

    To discuss how to beat those odds and sustain a holistic business transformation over the long term, we are joined by Roman Regelman and Kevin Carmody.  

    Roman is Senior Executive Vice President and Global Head of Securities Services and Digital at US-based financial company BNY Mellon. Kevin is a senior partner in our Transformation Practice with over twenty years of experience serving clients across Europe and North and South America.

     


    Follow our Transformation Practice on LinkedIn

    Visit our Transformation Practice on McKinsey.com 

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    • 28 min
    193. Eight keys to excelling as a chief of staff

    193. Eight keys to excelling as a chief of staff

    A chief of staff can be instrumental to a CEO's success while also advancing their own career. While the role’s variability and intensity make it challenging, they also make it exciting.

    We're joined by Blair Epstein, Poppy Johnson, and Connor Rochford to discuss the eight pieces of advice they have distilled from hundreds of interviews with those who have mastered the role.


    Read the McKinsey.com article, Seeing around corners: How to excel as a chief of staff, by Eleanor Bensley, Andrew Goodman, Poppy Johnson, and Connor Rochford


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    • 41 min
    192. Using M&A to launch a transformation

    192. Using M&A to launch a transformation

    We discuss the role M&A can play in the launch and success of large-scale transformations. Our guests are Chris Hagedorn and Alex Liu. Chris is a leader in our Transformation Practice, where he designs and executes comprehensive transformations, including M&A integration and value capture to achieve rapid and sustainable performance improvement for clients. Alex is a leader in our M&A Practice. He works closely with senior leadership teams on large-scale mergers and brings expertise in realizing revenue-based synergies. 

    Chris and Alex's recent McKinsey.com article: When a transaction forges a transformation 


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    • 46 min
    191. Best of 2023 - How to make a strong start as a CEO

    191. Best of 2023 - How to make a strong start as a CEO

    In this episode, we share advice and insights for new CEOs about how they can make a strong start in the role. Sean Brown is joined by Carolyn Dewar, a senior partner in our San Francisco office who is the founder and co-leader of our CEO Excellence Practice. She is also a co-author of last year’s NY Times bestseller, CEO Excellence: The Six Mindsets That Distinguish the Best Leaders from the Rest.

    Joining Carolyn is Kurt Strovink, a senior partner in our New York office and co-leader of our global CEO initiative. He serves as a counselor to CEOs across industries and is a co-author, with Carolyn, of the Mckinsey.com article, Starting strong: Making your CEO transition a catalyst for renewal.

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    • 46 min

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