Incorporate transformation into day-to-day operations for better results

Empower transformation ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

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Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   New from McKinsey & Company How to drive sustainable and lasting change in your transformation journey The pandemic urged organizations to take a hard look at how they do business, including how they foster trust among their employees. But embarking on a change journey is not a simple task: more than two-thirds of company transformations fail, according to a recent McKinsey survey. And 20 percent of loss occurs not during, but after, the actual transformation. So, what can companies do to ensure their transformations improve organizational performance and sustain those improvements over time? Check out our insights on transformation to understand how leaders can drive effective and long-lasting change, with topics including: investing in digitization and automation embedding transformation into day-to-day processes developing financial incentives to achieve desired outcomes and behavior changes shifting organizational culture to embrace transformation Read more Transforming through disruption: A conversation with Dan Antonelli Dan Antonelli, CEO and president of Ruiz Foods, takes us through his company's transformation journey and shares hard-won insights on how to drive sustainable and lasting change. Leave your comfort zone   The powerful role financial incentives can play in a transformation Generous and specific financial incentives can help drive and sustain a rapid performance improvement. Seven principles can assist in delivering the maximum benefit during a transformation. Increase the odds   Losing from day one: Why even successful transformations fall short Our latest transformations research confirms that success remains elusive and reliant on a holistic approach. Yet some actions are especially predictive of realizing the financial benefits at stake. Beat the odds   Author Talks: How to gain a competitive edge with organizational culture James Heskett examined leading companies around the world and found that organizational culture makes employees more loyal, more productive, and more creative. Prepare for the future of work   Transformation in uncertain times: Tackling both the urgent and the important A sprint-based transformation approach can help organizations achieve full potential. The rules of road-mapping   How capability building can power transformation A well-designed program to promote productive behavior and skills can not only energize an organization's workforce but also become an essential element of any successful transformation. Drive sustainable change   Seven principles for achieving transformational growth Dogged persistence and nimble execution underscore a set of proven ground rules for growth. Achieve growth objectives   When do you need a chief restructuring officer? When external shocks rock the business, a chief restructuring officer brings a specialized skill set to restructure the balance sheet. Understand the role   How to be an excellent CEO See what the authors of the #CEOExcellentBook have to say about how the best CEOs lead in this seven-part video series. Watch the videos How many people are really needed in a transformation? Deciding how many employees to involve in an organization's transformation shouldn't be a guessing game. New research can help. Lead by example   Banking on the 'soft stuff' The lessons of transforming performance at one midsize US bank came down to shifting mindsets and behaviors. Up your game   To see more essential reading on topics that matter, visit McKinsey Themes. — Curated by Emily Adeyanju, a digital editor based in New York Follow our thinking McKinsey Insights - Get our latest thinking on your iPhone, iPad, or Android Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. This email contains information about McKinsey’s research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy. You received this email because you subscribed to our Organization alert list. Manage subscriptions | Unsubscribe Copyright © 2022 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007