Inside the Strategy Room

China’s economy and business landscape have been going through significant changes. We speak with three experts who will help us understand those shifts and how multinationals can adapt their strategies to succeed in China.

Our guests are Franck Le Deu, a leader of our Life Sciences Practice in China, Joe Ngai, chairman of our offices in Greater China, and Junna Shi, a partner who advises Chinese government institutions on industrial development, regional economic planning, and integrated regional development topics. 

Related Insights

The McKinsey Global Institute report we refer to in this episode: https://www.mckinsey.com/mgi/our-research/the-china-imperative-for-multinational-companies

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Great CEOs know that the transition to their successor will define their legacy and cement the strength of what they’ve built. We speak with three McKinsey experts about how the best CEOs prepare for the final phase of their tenure. We're joined by Carolyn Dewar, a senior partner in our Bay Area office, Blair Epstein, a partner also based in San Fransisco, and Kurt Strovink, a senior partner in our New York office. 

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Sending it forward: Successfully transitioning out of the CEO role

CEO Excellence: The Six Mindsets That Distinguish the Best Leaders From the Rest  

The CEO Journey

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The best CEOs find a new gear and sustain momentum and high performance after the heady first years in the job. We're joined by Kurt Strovink, a senior partner in our New York office, and Carolyn Dewar, a senior partner in our Bay Area office, to discuss the four ways CEOs can avoid complacency and create even more value in their mid-tenure. 

Related Insights
Staying ahead: How the best CEOs continually improve performance 

CEO Excellence: The Six Mindsets That Distinguish the Best Leaders From the Rest  

The CEO Journey

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For any company, having a CEO who makes effective, strategic decisions can help teams go far. CEOs who excel at this have what McKinsey senior partner Sacha Ghai calls “CEO alpha.” In today’s episode, Sacha speaks with Brian Vickery, a partner in our Boston office who hosts our Deal Volume podcast which is focused on private capital. During today’s discussion, they’ll cover a range of topics, including the implications of CEO Alpha for chief executives who are leading private equity portfolio companies, the different mandates these CEOs face, the steps they can take to create alpha, and how they are navigating an increasingly volatile economic and geopolitical environment.  

Related reading:

The CEO alpha: The advantages of exceptional leadership

CEO alpha: A new approach to generating private equity outperformance

CEO Excellence collection

Related listening:

Deal Volume on Apple Podcasts

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Dr Richard Haass shares his perspectives on how business leaders can navigate today’s complex geopolitical landscape.

Richard is a veteran diplomat and respected scholar of international relations. He has deep experience in geopolitics. His diplomatic service includes counseling Colin Powell in talks in Afghanistan and three years as the US envoy on peace negotiations in Northern Ireland. Richard led the United States Council on Foreign Relations for twenty years and is now president emeritus. He has taken on a new role as senior counselor at the investment banking advisory firm Centerview Partners. Richard has also written 17 books and in his most recent, Bill of Obligations: Ten Habits of Good Citizens, he makes the case that for American democracy to survive and hopefully thrive, the very idea of citizenship must be revised and expanded.

Related insights:

Richard’s book: Bill of Obligations: Ten Habits of Good Citizens

Geopolitical resilience: The new board imperative

How three global companies navigate geopolitical risk to build resilience

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Many organizations embark on large-scale transformations, only to end with frustrated leaders and worse-than-expected long-term results. That doesn't have to be the case. Success is attainable and organizations that excel at implementation tend to outperform their peers financially. What sets these top performers apart? Olalla Montes, Nick Robson, and Nick Waugh join us to answer that question. 

Related Insights 

How to implement transformations for long-term impact

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Hopper has acquired 100 million mobile users by offering consumer-friendly financial products and a gamified app experience, according to cofounder Frederic Lalonde. In this episode, Frederic takes us on a journey and explains how Hopper transformed from a company with the bulk of its initial revenue coming from airline ticket sales into a travel fintech business—selling algorithmically enabled financial products such as price-freezing capabilities and cancellation insurance. We’ll also discuss consumer psychology, the power of gamification and social commerce, and the trade-offs involved in targeting younger travelers.

Related insights: 

Travel Disruptors: Bringing fintech to travel booking

What is digital transformation?

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Major League Baseball’s Chief Operating and Strategy Officer Chris Marinak speaks with McKinsey innovation leader Erik Roth about how the league is using fan feedback, experimentation, and data to change a game steeped in tradition and culture to reach the next generation of fans. This season, MLB implemented rules changes that fundamentally altered the pace and action of the game and continues to embrace innovation and technology to improve the game and the overall fan experience.

Related Insights

Follow The Committed Innovator podcast

Read and listen to past episodes of The Committed Innovator

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Many executives believe making growth sustainable and inclusive requires inscrutable trade-offs, forgoing revenue and profit for the sake of society and the planet. That is not always the case. Our new analysis indicates financially successful companies that integrate environmental, social, and corporate governance (ESG) priorities into their growth strategies outperform their peers—provided they also outperform on the fundamentals. The message is clear: not only can you do well while doing good—you can do better.

Our guests are Rebecca Doherty, Claudia Kampel, and Werner Rehm. 

Related insights:

The triple play: Growth, profit and sustainability

Five ways that ESG creates value

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The role of chief transformation officer (CTO) is often linked with cost-cutting. In this episode, we discuss how this is a misleadingly narrow view and explain why and how CTOs should correct that misconception and redefine the role. Our guests are Kevin Carmody, a senior partner in our Chicago office, AD Bhatia, a partner in our New Jersey office, and Emily Rizzi, an associate partner based in our Pittsburgh office. 

Related insights

• Meet the newest member of the consumer C-suite: The chief transformation officer
• How companies can transform with workers’ insights
  

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