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Transformation Insights

Article - McKinsey Quarterly

Why your next transformation should be ‘all in’

– Increase the odds of a successful business transformation by going “all in”—combining five big moves to improve your company’s performance and portfolio.
Video Collection

Perspectives on transformation

How can companies overcome the odds and achieve long-term success with an organization-wide transformation? Our video series looks... closer at all the moving parts.
Article

The wisdom of transformations: How successful CEOs think about change

– What works and what doesn’t, from those who know.
Article

Transformation 101: How universities can overcome financial headwinds to focus on their mission

– Troubled universities can reset their financial trajectory.

More Insights

Interview - McKinsey Quarterly

All in: From recovery to agility at Spark New Zealand

– Three members of the telco’s top team describe the challenges and rewards of implementing agile rapidly—and the power... of a “no plan B” approach to change.
Video

The role of growth in a transformation: A conversation with Duncan Miller

– Companies that grow the top line while simultaneously expanding their margins thrive and succeed.
Podcast - McKinsey Quarterly

What makes an organization ‘healthy’?

– In this episode of the McKinsey Podcast, Simon London speaks with McKinsey... partners Rajesh Krishnan and Brooke Weddle about the ins and outs of organizational health.
Video

How to ensure the sustainability of a transformation: A conversation with Alejandro Beltrán, Seth Goldstrom, and Matthias Winter

– To ensure the sustainability of a transformation, corporate leaders must address organizational health.
Video

Growth transformation: A conversation with Sara Prince

– A systematic approach gives companies a proven recipe for managing the complex process of transformative growth.
Video

Growth initiatives in transformation: A conversation with Chris Angevine and Darius Bates

– Successful transformations integrate growth plans to shift businesses and move them forward.
Video

Removing roadblocks: A conversation with Seth Goldstrom

– A well-functioning transformation office makes sure that activities produce results.
Video

The transformation office: Key success factors

– A great transformation office is like a winning coach who pushes and encourages everyone to reach their goals.
Video

The elements of success: A conversation with Jon Garcia and Wesley Walden

– Before embarking on a transformation journey, a company must have five prerequisites in place.
Video

Why do most transformations fail? A conversation with Harry Robinson

– When 70 percent of transformations fail, a company needs a proven strategy to beat the odds.
Article

How to transform your airline

– Airline transformations are often necessary—and always difficult. We lay out five rules for success.
Interview

Keys to a sustainable transformation: A conversation with Seth Goldstrom

– Transformations must truly change the trajectory of the organization to thrive over the long run. Here are four essential steps... to ensuring lasting change.
Article

Putting people at the heart of public-sector transformations

– Transformation in government is a hugely complex undertaking. That makes it critical to get the people component right.
Article

A tale of two agile paths: How a pair of operators set up their organizational transformations

– Different approaches illustrate the company and market conditions that guide the structure of teams around work, and the rapid... benefits that follow.
Interview

Why transformations fail: A conversation with Seth Goldstrom

– Transformations can fail for a variety of reasons, but most unsuccessful efforts share some of these ten weaknesses.
Interactive - McKinsey Quarterly

Five Fifty: The T-word

– Is your corporate transformation doomed to failure? Here’s advice for beating the long odds of success.
Podcast - McKinsey Quarterly

Disruption, friction, and change: The hallmarks of a true transformation

– A company transformation is a holistic, top-priority endeavor that requires aggressive focus from the management team to reach... the full potential of a business.
Article

Keeping transformations on target

– Analysis of high-stakes transformations reveals a few pragmatic lessons that increase the odds of meeting the organization’s... objectives.
Article - McKinsey Quarterly

Transformation with a capital T

– Companies must be prepared to tear themselves away from routine thinking and behavior.
Article

The role of the chief transformation officer

– The individual charged with leading change must have multiple capabilities.
Article

Sustaining the momentum of a transformation

– Five elements can keep bad habits from reasserting themselves.
Article

Setting aspirational targets

– Companies should bear in mind four principles during the target-setting part of the transformation process.
Article

The ‘how’ of transformation

– In the consumer sector and in many other industries, transformation programs often fail. Creating a “performance infrastructure”... can help ensure that yours won’t.
Article - McKinsey Quarterly

How private-equity owners lean into turnarounds

– PE-backed companies outperform their public counterparts during periods of distress because the owners play a more active role... in management.
Article

Can we talk? Five tips for communicating in turnarounds

– In tough times, investors scrutinize every detail. Here’s how to manage the discussion.
Article

Maintaining a long-term view during turnarounds

– Changing course demands an intense focus on short-term performance, but success needn’t come at the expense of long-term... value.
Article

In need of a retail turnaround? How to know and what to do

– More than 50 retailers in Europe, the Middle East, and Africa have been in distress since the global financial crisis, and many... are in distress today. Some are in denial about their situation; others are busy fixing the wrong problems.
Article

Ten tips for leading companies out of crisis

– Even good managers can miss the early signs of distress, says McKinsey’s Doug Yakola, who’s been running recovery... programs for 20 years. The first step is to acknowledge there’s a problem.

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