Newsletters: 02/20/22

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

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

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

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