Founder's Mentality: The CEO Sessions

Founder's Mentality: The CEO Sessions

By Bain & CompanyBusinessCareersManagement
Download on the App Store

Founder's Mentality: The CEO Sessions episodes

  • Peder Tuborgh, Arla Foods: Why Our Values are Not For Discussion

    What can a CEO of a firm learn from a milk co-op?
     
    Peder Tuborgh joined Arla Foods as a marketeer, so no one expected that his first move as CEO would be to unite most of the company’s 100 brands under one name. But Peder’s purpose was clear. He built a shared conviction within Arla and developed a value proposition that has guided the company through two decades of turbulence and landmark mergers, all whilst driving relentless growth. Needless to say, there is a lot we can learn from the way Peder leads at Arla.
     
    Join host Jimmy Allen of Bain & Company and Peder as they discuss the importance of focusing on volume growth, the power of thinking beyond the boundaries of a firm, and how Peder balances his ingenious value framework to build resilience within his team.
     
    Peder emphasizes the dangers of looking too far into the future. Does a ten-year mindset take away from the work we’re doing today? How can leaders combine today’s values with tomorrow’s goals to build a company that can thrive in turbulence?
     
    This is a conversation about value building and people driven leadership that redefines what strategy means.
     
    >>> LISTENER SURVEY: Share your thoughts at https://www.podpolls.com/founder 
     

    https://www.bain.com/founders-mentality/  

      

    EPISODE CHAPTERS 
    00:00 Introduction 
    02:42 Launching the Arla brand 
    04:18 Betting on people 
    05:41 Growth is in Arla's DNA 
    07:42 The power of keeping it simple 
    08:51 Envision, engage, deliver 
    10:37 Engaging stakeholders 
    13:10 The importance of volume growth 
    15:10 How Arla's values help navigate turbulence 
    17:40 Balancing the value framework 
    19:47 Arla's DNA is not for discussion 
    20:23 Building resilience through values 
    22:47 The art of Peder's value framework 
    23:58 Bringing the future into today 
    25:56 How Peder has changed 
    28:06 The importance of meaning 
    29:40 The lessons we can all learn from Peder 
    31:23 Thinking beyond the boundaries of the firm 
      
    LINKS 
    Bain & Company LinkedIn [https://www.linkedin.com/company/bain-and-company/] 
    Bain & Company X [https://x.com/BainandCompany] 
    Jimmy Allen LinkedIn [https://www.linkedin.com/in/james-allen-3442b/] 
    Peder Tuborgh LinkedIn [https://www.linkedin.com/in/peder-tuborgh-aba04935/] 
      
    About the Host: 
    Jimmy Allen is an Advisory Partner at Bain & Company with over 35 years’ experience advising leading organizations. He’s the author of multiple best-selling books on growth and leadership and the host and founder of Bain’s Global CEO Community Forum. Jimmy is a regular speaker at global business events, including the World Economic Forum, and serves on the Botswana Economic Advisory Council. Outside of consulting, Jimmy started his own record label [Abubilla Music] in 2008 and supports Singing Wells, a project dedicated to preserving Kenyan village music.


    >>> Have your say!
    Fill out our short listener survey, and help us form the future of the show
    https://www.podpolls.com/founder

    34 min
  • Bruno Lasansky, Localiza&Co: The Perfect Storm Playbook

    How do you grow a billion dollar business in the face of extreme turbulence? 

      

    Bruno Lasansky is CEO of Localiza&Co, a Brazilian car rental company that began with just six secondhand VW Beetles in 1973. From surging interest rates to industry altering government policies, there are few companies that have faced adversity quite like Localiza. But for Bruno, turbulence is not something to be scared of. Under his leadership, Localiza&Co has become South America's largest mobility network, and today, it has more than 600,000 cars. 

      

    Join host Jimmy Allen of Bain & Company and Bruno as they discuss Bruno’s playbook for the perfect storm: how to unleash the power of the unvarnished truth, how to balance pace and strategy to address turbulence face on, and the importance of culture in fuelling growth that will last for the long run. 

      

    Bruno emphasizes the fact that success is not all about winning. Why should a leader shift their mentality away from winning, and towards valuing what they will learn along the journey? 

      

    This is a conversation about transparency, discipline, and becoming a leader that not only guides teams through unforeseeable adversity, but sets them up to thrive before turbulence even arrives. 

     
    >>> LISTENER SURVEY: Share your thoughts at https://www.podpolls.com/founder 
     

    https://www.bain.com/founders-mentality/  

      

    EPISODE CHAPTERS 

    00:00 Introduction 

    02:03 The perfect storm 

    03:05 The turbulence Bruno was facing 

    04:43 Resisting the typical temptations 

    06:55 Strategy starts with a reality check 

    07:39 Next comes the point of arrival 

    09:38 How Bruno leads through turbulence 

    10:13 The importance of adapting fast 

    11:19 Responding to the unvarnished truth 

    12:43 The importance of transparency 

    13:55 Be prepared to exit when it’s necessary 

    14:28 Never forget the customers or the team 

    15:57 The power of people, culture, and the mission 

    17:43 Bruno's acid test 

    19:05 Entering turbulence with a full battery 

    21:13 Bruno’s biggest lesson 

    23:32 Winning is a consequence, not the main goal 

    25:24 The things that drive Bruno 

    26:43 Bruno's perfect storm playbook 

      

    LINKS 

    The Fifth New Rule of Scaling: Fall Back in Love with Process - Jimmy Allen - Blog [https://tinyurl.com/FallBackInLoveWithProcess] 

    Bain & Company LinkedIn [https://www.linkedin.com/company/bain-and-company/] 

    Bain & Company X [https://x.com/BainandCompany] 

    Jimmy Allen LinkedIn [https://www.linkedin.com/in/james-allen-3442b/] 

    Bruno Lasansky LinkedIn [https://www.linkedin.com/in/brunolasansky/] 

      

    About the Host: 

    Jimmy Allen is an Advisory Partner at Bain & Company with over 35 years’ experience advising leading organizations. He’s the author of multiple best-selling books on growth and leadership and the host and founder of Bain’s Global CEO Community Forum. Jimmy is a regular speaker at global business events, including the World Economic Forum, and serves on the Botswana Economic Advisory Council. Outside of consulting, Jimmy started his own record label [Abubilla Music] in 2008 and supports Singing Wells, a project dedicated to preserving Kenyan village music. 


    >>> Have your say!
    Fill out our short listener survey, and help us form the future of the show
    https://www.podpolls.com/founder

    30 min
  • Michelle Zatlyn, Cloudflare: Protect the Steady State, Disrupt What’s Next

    When did showing up become optional? 

      

    In 2009 Michelle Zatlyn co-founded Cloudflare, a tech startup that powers 45% of all Fortune 500 companies through solving problems that were keeping their leaders up at night. The surprising thing is, Michelle had no background in engineering. She developed an expertise through showing up, leveraged her own strengths to build a billion dollar business, and wrote a playbook all founders can learn from in the process. 

      

    Join host Jimmy Allen of Bain & Company and Michelle as they discuss the importance of solving problems that people care about, how to build teams that thrive off cross-functional collaboration, and how to balance delivery and development agendas throughout moments of hyperscale. 

      

    Michelle’s story highlights the importance of showing up. Not all leaders start off as experts, but they can become one through being in the room where it happens. How can founders push themselves to show up, even at times where they don't initially have the expertise? 

      

    This is a conversation about balancing delivery with growth, building a team that will drive progress through collaboration, and becoming an expert through showing up in the process. 

     
    >>> LISTENER SURVEY: Share your thoughts at https://www.podpolls.com/founder 
     

    https://www.bain.com/founders-mentality/  

      

    EPISODE CHAPTERS 

    00:00 Introduction 

    00:48 No founder has the perfect skillset 

    02:31 Finding the right problem to solve 

    04:19 Building a customer-led tech company  

    06:42 How Michelle became an expert 

    08:15 The importance of showing up 

    12:37 Navigating moments of hyperscale 

    15:18 Scale demands decentralization 

    16:20 Empowering cross-functional collaboration 

    17:13 Protect the steady state, disrupt the status quo 

    18:30 Balancing delivery and development 

    19:35 How Cloudflare delivers and develops 

    21:43 Scale changes a founder's role 

    22:40 Recruiting for spiky capabilities 

    24:39 The Cloudflare way 

    26:10 Michelle's playbook 

      

    LINKS 

    A Beginner's Mindset: The Art of Showing Up - Jimmy Allen - Blog [https://tinyurl.com/TheArtOfShowingUp] 

    Bain & Company LinkedIn [https://www.linkedin.com/company/bain-and-company/] 

    Bain & Company X [https://x.com/BainandCompany] 

    Jimmy Allen LinkedIn [https://www.linkedin.com/in/james-allen-3442b/] 

    Michelle Zatlyn LinkedIn [https://www.linkedin.com/in/michellezatlyn/]

     

    About the Host: 

    Jimmy Allen is an Advisory Partner at Bain & Company with over 35 years’ experience advising leading organizations. He’s the author of multiple best-selling books on growth and leadership and the host and founder of Bain’s Global CEO Community Forum. Jimmy is a regular speaker at global business events, including the World Economic Forum, and serves on the Botswana Economic Advisory Council. Outside of consulting, Jimmy started his own record label [Abubilla Music] in 2008 and supports Singing Wells, a project dedicated to preserving Kenyan village music.



    >>> Have your say!
    Fill out our short listener survey, and help us form the future of the show
    https://www.podpolls.com/founder

    28 min
  • Poul Weihrauch, Mars: Purpose Is Easy Until It’s Tested

    What does it take to build a business that can pass the purpose-driven test? 

     

    Before becoming group CEO and Office of the President at Mars, Poul Weihrauch led a generational transformation of Mars Pet Care that was defined by the things he didn’t do. Poul didn’t pursue a rapid integration or underestimate complexity, and he refined financial strategies by rejecting synergy. Through these unconventional leadership decisions Poul doubled Mars Pet Care’s size, and tripled its organic growth rate. 

      

    Join host Jimmy Allen of Bain & Company and Poul as they discuss the value of embracing complexity in the name of the customer, how growth doesn't necessarily require synergy, and how Poul built a leadership development program which not only strengthens his leaders but also underpins the company’s growth. 

      

    Poul’s story sets a powerful example for any CEO aiming to build a successful purpose-driven business. How can leaders enable a company to stay true to its purpose even during the most testing challenges? 

      

    This is a conversation about the importance of CEO restraint, embracing the complexity that comes with growth, and the role of a leader in building a company that can pass the purpose-driven test. 

     
    >>> LISTENER SURVEY: Share your thoughts at https://www.podpolls.com/founder 
     

    https://www.bain.com/founders-mentality/  

      

    EPISODE CHAPTERS 

    00:00 Introduction 

    02:40 A trip to the graveyard 

    03:48 Moving purpose from the walls to decisions 

    05:54 Restructuring the leadership team 

    07:35 The role of communication 

    09:02 The engine one, engine two problem 

    10:46 Navigating complexity 

    12:31 Focus wins over synergy 

    14:53 Poul’s philosophy 

    16:12 Refusing synergy is a financial strategy 

    17:45 The founder dilemma 

    19:02 Poul’s pathfinders program 

    20:18 The value of cross-functional collaboration 

    21:20 Embracing complexity for the customer 

    23:00 The cyber attack 

    24:25 Living up to their purpose 

    25:56 What it means to be purpose-driven 

    27:25 Organization first, self last 

    29:45 The lessons Poul learnt 

    30:51 Poul’s most important stakeholders 

    32:03 The things Poul didn’t do 

      

    LINKS 

    A Graveyard of Good Intentions - Jimmy Allen - Blog [https://tinyurl.com/agraveyardofgoodintentions] 

    Bain & Company LinkedIn [https://www.linkedin.com/company/bain-and-company/] 

    Bain & Company X [https://x.com/BainandCompany] 

    Jimmy Allen LinkedIn [https://www.linkedin.com/in/james-allen-3442b/] 

    Poul Weihrauch LinkedIn [https://www.linkedin.com/in/poulweihrauch/] 

      

    About the Host: 

    Jimmy Allen is an Advisory Partner at Bain & Company with over 35 years’ experience advising leading organizations. He’s the author of multiple best-selling books on growth and leadership and the host and founder of Bain’s Global CEO Community Forum. Jimmy is a regular speaker at global business events, including the World Economic Forum, and serves on the Botswana Economic Advisory Council. Outside of consulting, Jimmy started his own record label [Abubilla Music] in 2008 and supports Singing Wells, a project dedicated to preserving Kenyan village music.


    >>> Have your say!
    Fill out our short listener survey, and help us form the future of the show
    https://www.podpolls.com/founder

    35 min
  • Lara Boro, The Economist: AI Won't Change Who We Are

    What does it take to lead a fragmented business through disruptive transformation? 
      
    When she joined The Economist as Group CEO, Lara Boro faced a divided company, metaphorically, and physically. She quickly won the confidence of the board, by writing off a £12 million, four year long transformation project, and showing that its replacement wouldn’t need a single pound of investment. It could actually fund itself. Through strategic and purpose-based leadership, Lara solidified her legacy of being the person who was able to finally bring two sides of the business together. 

      

    Join host Jimmy Allen of Bain & Company and Lara as they discuss the importance of striving for simplification at pace, how culture helped her team embrace an ambitious digital transformation, and how she brought the business together through dissecting one foundational question: what is The Economist? 
      

    Lara’s journey also highlights the value of building for the customer. How can analyzing customer data shape budgets and provide strategic direction? 

      

    This is a conversation about the role of a leader in guiding teams through positive disruption, leveraging customer data to shape business strategy, and ensuring every part of a team strives for success together. 

     
    >>> LISTENER SURVEY: Share your thoughts at https://www.podpolls.com/founder 
     

    https://www.bain.com/founders-mentality/  

      

    EPISODE CHAPTERS 

    00:00 Introduction 

    01:19 Arriving to a cultural divide 

    02:53 The gap between the editorial and the business 

    04:36 Understanding the issues from both sides 

    05:37 Journalism is independent, but not from the business 

    06:27 Lara's playbook - reframing the business strategy 

    07:35 Starting by understanding the customer 

    08:30 Customer data helps improve efficiency 

    09:42 Writing off £12 million and four years of work 

    11:50 Why Lara used the phrase "self funding" 

    13:19 The when, the how, and the little wins 

    14:25 Momentum matters most 

    15:35 Mixing pace with simplicity 

    16:44 Building a culture that eases tension 

    18:06 Maintaining principles in the face of AI 

    19:35 Discovering new perspectives through debate 

    20:44 Expression may change, but culture stays the same 

    21:40 What is The Economist? 

    23:32 Convincing the right people to join 

    24:27 Lara’s legacy: bringing The Economist together 

    25:22 The people who believed in Lara 

    26:44 The grand reframe 

      

    LINKS 

    The Most Successful Cultural Change Programs Never, Ever Discuss Cultural Change  - Jimmy Allen - Blog [https://tinyurl.com/CEOCulturalChange] 

    Bain & Company LinkedIn [https://www.linkedin.com/company/bain-and-company/] 

    Bain & Company X [https://x.com/BainandCompany] 

    Jimmy Allen LinkedIn [https://www.linkedin.com/in/james-allen-3442b/] 

    Lara Boro LinkedIn [https://www.linkedin.com/in/lara-salameh-boro-4a16405/] 


    >>> Have your say!
    Fill out our short listener survey, and help us form the future of the show
    https://www.podpolls.com/founder

    30 min
  • Sal Khan, Khan Academy: Why He Chose to Disrupt Himself With AI

    How will AI impact the business I have spent years building?
     
    When Sal Khan, CEO and founder of Khan Academy, was confronted with this question in 2023 he didn’t wait for someone to answer, he learned quickly and built the outcome he wanted. The result was a personalized learning model that enhanced education for 200 million users across the world.
     
    Join host Jimmy Allen of Bain & Company and Sal as they discuss how to embrace the discomfort of navigating disruption, the importance of relearning how to learn, and how CEOs can use AI to strengthen their competitive positions.
     
    Sal also reveals the promise he made to his team - if they’re creating AI that can automate their roles they won’t be replaced, they will be promoted. How can leaders find new ways to drive productivity amid the uncertainty surrounding AI?
     
    This is a conversation about turning disruption into new opportunities, how curiosity can help us navigate the unknown, and how leaders can leverage AI to set their businesses apart.
     
    >>> LISTENER SURVEY: Share your thoughts at https://www.podpolls.com/founder 
     

    https://www.bain.com/founders-mentality/ 


    EPISODE CHAPTERS 
    00:00 Introduction 
    02:22 The astonishing ability of emerging AI 
    03:21 Experimenting with an early AI model 
    04:14 Turning fears into features 
    04:56 Sal’s quick decision to adopt AI 
    05:46 The concerns of AI in education 
    07:04 Sal’s symbiosis with AI developers 
    07:57 Why Khan Academy had to understand AI 
    08:32 How Sal seized the opportunity of disruptive technologies 
    09:22 Getting the team on board through confronting risks 
    10:05 Preparing to launch 
    10:34 The need for a responsible actor becomes clear 
    11:56 How Sal built his tiger team 
    13:17 How Sal’s mentality helps embrace AI uncertainty 
    15:23 Learning how to learn again 
    16:11 Helping people learn in the right ways with AI 
    18:05 How AI facilitates a deeper education 
    19:08 The choice: to thrive with AI, or to be replaced by AI 
    19:55 Three key things about learning with AI 
    20:36 Sal’s promise 
    20:55 A CEO’s guide to using AI 
    24:03 The fundamental question answered by Sal’s journey 
    25:28 What is personalized mastery education 
    28:21 How AI facilitates Khan Academy's personalized learning model 
    28:50 Gaining the conviction to adopt AI 
    29:54 When conviction turns into validation 
    30:37 What we can learn from Sal’s journey 
      
    LINKS 
    A Scorecard on our 3 AI Journeys - Jimmy Allen - Blog [https://tinyurl.com/AIJourneyScorecard] 
    Bain & Company LinkedIn [https://www.linkedin.com/company/bain-and-company/] 
    Bain & Company X [https://x.com/BainandCompany] 
    Jimmy Allen LinkedIn [https://www.linkedin.com/in/james-allen-3442b/] 
    Sal Khan LinkedIn [https://www.linkedin.com/in/khanacademy/] 
      
    About the Host: 
    Jimmy Allen is an Advisory Partner at Bain & Company with over 35 years’ experience advising leading organizations. He’s the author of multiple best-selling books on growth and leadership and the host and founder of Bain’s Global CEO Community Forum. Jimmy is a regular speaker at global business events, including the World Economic Forum, and serves on the Botswana Economic Advisory Council. Outside of consulting, Jimmy started his own record label [Abubilla Music] in 2008 and supports Singing Wells, a project dedicated to preserving Kenyan village music.


    >>> Have your say!
    Fill out our short listener survey, and help us form the future of the show
    https://www.podpolls.com/founder

    34 min
  • Daniel Servitje, Grupo Bimbo: The Enemy of Growth Is Distance

    What does it take to expand worldwide without losing sight of the things that matter most? 
      

    Daniel Servitje is the executive chairman of Grupo Bimbo, an organization that rose from a small bakery to become one of the largest food corporations in the world. Since taking over in 1997, Daniel has overseen 900% growth and expansion into multiple international markets. Yesterday, he was on a bread truck. 

      

    Join host Jimmy Allen of Bain & Company and Daniel as they discuss how robust cultures are developed in the field, the long-term value of choosing patience over urgency, and how to navigate building new systems whilst ensuring existing ones continue to function. 

      

    Daniel shares a vital tip for any CEO looking to develop their own business - never let growth separate you from the people that matter. Who really shapes the culture of a successful company? How can a field mentality help leaders grow their businesses? 

      

    This is a conversation about the importance of a long-term perspective, knowing how to build a strong culture from the field, and the role of a leader in driving successful growth. 

     
    >>> LISTENER SURVEY: Share your thoughts at https://www.podpolls.com/founder 
     

    https://www.bain.com/founders-mentality/  

      

    EPISODE CHAPTERS 

    00:00 Introduction 

    01:32 An inspiring visit to the bakery 

    02:46 Listening to voices across the company 

    04:01 What Daniel learned from the annual conference 

    05:10 Big ideas come from examining the small things 

    06:27 Building a culture that starts from the field 

    07:22 What it takes to develop internationally 

    08:04 How Grupo Bimbo went international successfully 

    09:35 Developing a global culture 

    11:33 Culture is built by actions, not by words 

    12:46 With growth comes opportunity, but also complexity 

    14:10 Why leaders need to break processes and take risks 

    16:54 Don’t get trapped by old systems 

    18:37 How to transform a company whilst running it 

    19:47 The importance of long term thinking 

    20:54 Sometimes slower is better 

    21:52 Balancing the systems paradox 

    22:38 Daniel's leading mentality 

    23:36 Getting energy from curiosity 

    25:30 Finding the right people to diffuse your energy 

    26:44 Why the source of your energy really matters 

    27:44 Daniel's recipe for successful growth 

      

    LINKS 

    A Case for Complexity - Jimmy Allen - Blog [https://tinyurl.com/thepowerofrenewal] 

    Bain & Company LinkedIn [https://www.linkedin.com/company/bain-and-company/] 

    Bain & Company X [https://x.com/BainandCompany] 

    Jimmy Allen LinkedIn [https://www.linkedin.com/in/james-allen-3442b/] 

    Daniel Servitje LinkedIn [https://www.linkedin.com/in/danielservitje/] 

      

    About the Host 

    Jimmy Allen is an Advisory Partner at Bain & Company with over 35 years’ experience advising leading organizations. He’s the author of multiple best-selling books on growth and leadership and the host and founder of Bain’s Global CEO Community Forum. Jimmy is a regular speaker at global business events, including the World Economic Forum, and serves on the Botswana Economic Advisory Council. Outside of consulting, Jimmy started his own record label [Abubilla Music] in 2008 and supports Singing Wells, a project dedicated to preserving Kenyan village music. 

      

    Bain & Company 

    Founder’s Mentality: The CEO Sessions is brought to you by Bain & Company, a global consultancy trusted by the world’s most influential business leaders. With decades of experience guiding organizations through growth, transformation, and leadership development, Bain’s executive insights offer what it takes to lead at scale.


    >>> Have your say!
    Fill out our short listener survey, and help us form the future of the show
    https://www.podpolls.com/founder

    31 min
  • Jacqueline Novogratz, Acumen: Start Before You're Ready

    What are the costs of not daring to make a change?  

      

    Jacqueline Novogratz is the Founder & CEO of Acumen, an organisation that invests patient capital in enterprises working to reduce poverty around the world. In 2021, she took a $250 million risk when she set out to provide electricity to 75 million people in regions of sub-Saharan Africa that had a 45% electrification rate or below. It paid off.  

      
    Join host Jimmy Allen of Bain & Company and Jacqueline as they discuss what we can learn from creative risk taking, how to balance socioeconomic tensions without compromising the mission, and how transforming our mentality from “what if?” to “what if I don’t?” can open the door for positive change.  
      

    Jacqueline and Jimmy emphasise the value of asking ‘why’ when navigating complexity as a leader. How can we ensure that we not only remember our ‘why’, but also that it is worth remembering in the first place?  
      

    This is a conversation about embracing complexity, the power of asking ‘why’, and daring to take risks in the pursuit of positive change. 
     
    >>> LISTENER SURVEY: Share your thoughts at https://www.podpolls.com/founder 
     

    https://www.bain.com/founders-mentality/  

      

    EPISODE CHAPTERS 

    00:00 Introduction 

    01:21 The billion dollar plan 

    02:45 Why Acumen started in the hardest location 

    03:58 Securing the first funding - a $10 million bet on Jacqueline 

    05:51 Starting and letting the work teach them 

    08:37 Getting smarter through creative risk taking 

    11:56 How Jacqueline balances her vision with specificity  

    12:30 Using deep listening as a tool to understand complexity 

    15:33 Closing allows Acumen to reflect on their ‘why’ 

    16:37 Embracing complexity is what sets Acumen apart 

    18:30 What does it take to master complexity? 

    19:03 How rephrasing the question reminds us ‘why’ 

    19:36 What is Acumen’s ‘why’ 

    20:34 The importance of having the right ‘why’ 

    22:11 How Jacqueline approaches complexity 

    23:07 Embracing tension, rejecting compromise 

    24:40 Advice for ambitious young leaders 

    26:19 Jacqueline’s message 

      

    LINKS 

    A Case for Complexity - Jimmy Allen - Blog [https://tinyurl.com/acaseforcomplexity] 

    Bain & Company LinkedIn [https://www.linkedin.com/company/bain-and-company/] 

    Bain & Company X [https://x.com/BainandCompany] 

    Jimmy Allen LinkedIn [https://www.linkedin.com/in/james-allen-3442b/] 

    Jacqueline Novogratz LinkedIn [https://www.linkedin.com/in/jacqueline-novogratz/] 

      

    About the Host:  

    Jimmy Allen is an Advisory Partner at Bain & Company with over 35 years’ experience advising leading organizations. He’s the author of multiple best-selling books on growth and leadership and the host and founder of Bain’s Global CEO Community Forum. Jimmy is a regular speaker at global business events, including the World Economic Forum, and serves on the Botswana Economic Advisory Council. Outside of consulting, Jimmy started his own record label [Abubilla Music] in 2008 and supports Singing Wells, a project dedicated to preserving Kenyan village music.


    >>> Have your say!
    Fill out our short listener survey, and help us form the future of the show
    https://www.podpolls.com/founder

    28 min
  • Kevin Lobo, Stryker: The $1.6B Bet That Changed an Industry

    What does it take to back a decision that may take years to prove itself? 

      
    Soon after becoming CEO of Stryker, Kevin Lobo backed a $1.6 billion acquisition of Mako, a loss-making robotics company many customers, investors and industry experts believed was unnecessary. The deal would reshape both orthopedic surgery and Stryker’s growth trajectory. 
      

    Join host Jimmy Allen of Bain & Company as Kevin explains why he saw asymmetric upside in robotic-assisted surgery, how he sustained his conviction through disappointing early results, and how one bold bet became the foundation for a repeatable acquisition model spanning more than 60 deals. 
      

    Kevin and Jimmy also explore the tension between autonomy and scale. How do you capture the advantages of size without inviting bureaucracy? What should remain decentralized, and where can shared capabilities create a real edge? 

     
    This is a conversation about repeatable growth, the cost of complexity, and the CEO’s role in helping leaders think like founders.

    >>> LISTENER SURVEY: Share your thoughts at https://www.podpolls.com/founder

      

    LINKS 

    Ask for Help - Jimmy Allen - Blog [https://shorturl.at/qvzxe] 

    Bain & Company LinkedIn [https://www.linkedin.com/company/bain-and-company/] 

    Bain & Company X [https://x.com/BainandCompany] 

    Jimmy Allen LinkedIn [https://www.linkedin.com/in/james-allen-3442b/] 

    Kevin Lobo LinkedIn [https://www.linkedin.com/in/kevinalobo/] 


    • (00:00) - Introduction
  • (01:35) - The potential in robotics that no else saw
  • (02:27) - Taking the $1.6 billion proposal to the board
  • (03:28) - Why Stryker had to act immediately
  • (05:48) - The hard part begins after the board says yes
  • (06:36) - Telling Wall Street about the slow first quarter
  • (08:05) - Leading through the time lag
  • (08:32) - Winning over employees and building M&A credibility
  • (09:37) - Cold-calling Larry Culp, former CEO of Danaher, for advice
  • (10:18) - Turning mistakes into an integration playbook
  • (11:16) - Discovering the "Stryker way”
  • (13:09) - Are you the right parent for the company you acquire?
  • (15:12) - Building a repeatable acquisition machine
  • (17:09) - The outer game and inner game of growth
  • (18:14) - Preserving autonomy across 22 business units
  • (20:21) - Good complexity versus bad complexity
  • (21:00) - What is the CEO's job in a decentralized company?
  • (22:52) - Creating a team of entrepreneurs
  • (24:18) - The real meaning of conviction
  •  
    About the Host: 

    Jimmy Allen is an Advisory Partner at Bain & Company with over 35 years’ experience advising leading organizations. He’s the author of multiple best-selling books on growth and leadership and the host and founder of Bain’s Global CEO Community Forum. Jimmy is a regular speaker at global business events, including the World Economic Forum, and serves on the Botswana Economic Advisory Council. Outside of consulting, Jimmy started his own record label [Abubilla Music] in 2008 and supports Singing Wells, a project dedicated to preserving Kenyan village music. 

      

    Bain & Company: 

    Founder’s Mentality: The CEO Sessions is brought to you by Bain & Company, a global consultancy trusted by the world’s most influential business leaders. With decades of experience guiding organizations through growth, transformation, and leadership development, Bain’s executive insights offer what it takes to lead at scale. 


    >>> Have your say!
    Fill out our short listener survey, and help us form the future of the show
    https://www.podpolls.com/founder

    26 min
  • Founder’s Mentality: The CEO Sessions - Season 2 - Coming Soon!

    Before a strategy becomes a success story, it's a judgement call.


    For 35 years, Jimmy Allen has been in the room with the world's most consequential CEOs, and this season, he's bringing you inside those conversations.

    Twelve leaders. Twelve moments that tested everything they thought they knew about leading. And one question that keeps coming back: it's not just what the CEO should do. It's who the CEO needs to become.


    Founder's Mentality: The CEO Sessions, Season Two. Launches July 7th.

    Join the Conversation:

    To learn more check out the Founders Mentality website or our CEO Insights hub: 
    https://www.bain.com/founders-mentality/

    https://www.bain.com/insights/topics/ceo-agenda


    Links: 

    Bain & Company LinkedIn (https://www.linkedin.com/company/bain-and-company/) 

    Bain & Company X (https://x.com/BainandCompany) 

    Jimmy Allen LinkedIn (https://www.linkedin.com/in/james-allen-3442b/) 


    About the Host:

    Jimmy Allen is an Advisory Partner at Bain & Company with over 35 years’ experience advising leading organizations. He’s the author of multiple best-selling books on growth and leadership and the host and founder of Bain’s Global CEO Community Forum. Jimmy is a regular speaker at global business events, including the World Economic Forum, and serves on the Botswana Economic Advisory Council. Outside of consulting, Jimmy started his own record label (Abubilla Music) in 2008 and supports Singing Wells, a project dedicated to preserving Kenyan village music.


    Bain & Company:

    Founder’s Mentality: The CEO Sessions is brought to you by Bain & Company, a global consultancy trusted by the world’s most influential business leaders. With decades of experience guiding organizations through growth, transformation, and leadership development, Bain’s executive insights offer what it takes to lead at scale.

    2 min

About Founder's Mentality: The CEO Sessions

From the publisher's feed

Before a strategy becomes a success story, it's a judgement call.