A growing number of CEOs are turning to a Chief Transformation Officer (CTO) as a vital member of the executive team to lead a holistic transformation rather than relying exclusively on existing structures and roles. But what does a Chief Transformation Officer do, and how can they be successful? Read to find out: https://mck.co/3Rwzqjc #BusinessTransformation #ChiefTransformationOfficer #BusinessReinvention
McKinsey Transformation
Business Consulting and Services
Helping CEOs, Chief Transformation Officers, and senior leaders unlock the full potential of their organization
About us
McKinsey Transformation helps CEOs, Chief Transformation Officers (CTOs), and senior change leaders build a company for the future by designing and powering effective transformations for clients across all industries, sectors, and regions. We’ve developed a rock-solid method that improves performance, inspires talent, sets a new pace of working, and builds change that lasts.
- Website
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https://www.mckinsey.com/capabilities/transformation/our-insights
External link for McKinsey Transformation
- Industry
- Business Consulting and Services
- Company size
- 10,001+ employees
Updates
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McKinsey Transformation senior partner Christopher J. Hagedorn recently sat down with Global Finance Magazine to discuss how companies can unlock significant value through transformative transactions. Read the full interview here: https://lnkd.in/eAhVGGr6 #MergersandAcquisitions #Transformation #BusinessReinvention
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Corporate longevity has fallen to an all-time low, and the need for business reinvention is particularly salient for established companies. In a recent episode of Inside the Strategy Room, McKinsey's Christopher J. Hagedorn, Matt Banholzer, and Ryan Nguyen discuss how to pursue dual reinvention – business building alongside transformation – to unlock higher growth, value, and innovation. 🎧 Listen in here: https://lnkd.in/eWH7eHvH #Entrepreneur #Innovation #Transformation #BusinessReinvention
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Transforming an organization is no easy feat, but it’s possible when you have the right strategy and approach. Read our latest Five Fifty to learn how to turn bold ideas into trajectory-changing outcomes: https://lnkd.in/enKyEyYa #Transformation #BusinessReinvention #Strategy
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Effective communication is pivotal in driving business transformation—it has the power to inspire, engage, and unlock the full potential of teams. However, it can be challenging to communicate effectively, especially in periods of significant change. We explore what lies at the heart of that difficulty and share 5 ways leaders can rebuild the connection with their teams. Read more: https://lnkd.in/gR3AQ7sD Authors: Dana Maor, David Honigmann, James Naylor, and Eric Sherman #ChangeCommunications #StrategicCommunications #Transformation #EmployeeExperience
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One of the ways to solve the age-old dilemma of running a business while changing it at the same time is to rewire the operating model. Join us on August 1 as Michael Bucy, Stephan Goerner, and Rachel McKlindon discuss how to best align performance objectives between a transformation and regular operations to sustain a successful transformation. Request an invite here: https://lnkd.in/eCHDmBcE #Transformation #BusinessReinvention #OperatingModel
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How should business leaders balance the need for transformation with pursuing new business ventures? What is the role of strategy in business reinvention? What evidence is there that optimizing the core business and building new businesses translates into higher performance? The latest episode of Inside the Strategy Room looks at the challenges and opportunities of building new businesses within an organization during a transformation: https://lnkd.in/eWH7eHvH Featuring McKinsey Transformation senior partner Chris Hagedorn and partners Matt Banholzer and Ryan Nguyen. #Entrepreneur #Innovation #Transformation
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To truly transform an organization, you need more than a bold idea—you need a plan for execution and the commitment to see it through. Read our latest Five Fifty to learn how to turn bold ideas into trajectory-changing outcomes: https://lnkd.in/enKyEyYa #Transformation #BusinessReinvention #Strategy
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In a recent op-ed in Directors & Boards, McKinsey Transformation senior partners Laurent Kinet and David Pralong discussed how boards of directors are uniquely positioned to help set ambitious transformation targets, engage with management on culture and capabilities, and encourage robust incentives programs to reward overperformance. Read the full op-ed here: https://lnkd.in/gMMDV3UW #Transformation #BusinessTransformation #BoardsofDirectors #Boards
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TOMORROW: In times of high volatility, mid-cap companies face a greater risk of falling behind larger competitors. During this session on June 19, Denis Bugrov, Laurent Kinet, and Akira Shiratori will discuss how Asia-based mid-cap businesses can outperform by combining their agility with a bold transformation approach. Request an invite here: https://lnkd.in/gFy5kGv7 #Transformation #BusinessTransformation #Midmarket #Midcap #Asia
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