Inside the Strategy Room
247. Transforming for growth
Apr 17, 2025
This episode features Louisa Greco, a transformation expert from McKinsey's Toronto office, Sandra Sancier-Sultan, a senior partner focused on sustainability and financial services in Paris, and Rebecca Doherty, who specializes in strategic growth from San Francisco. They discuss how one in four companies leverage transformation as a pathway to growth, even amidst challenges like inflation. Key topics include cultivating a growth mindset, aligning culture with transformation efforts, and the vital role of employee insights in drafting successful growth strategies.
45:19
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Quick takeaways
- Transforming for growth requires decentralized ownership across the organization, enabling employees to drive initiatives with enthusiasm and accountability.
- Successful growth organizations prioritize aspirational mindsets and systemic innovation while balancing core business strengths with exploration of new opportunities.
Deep dives
The Ownership of Growth Initiatives
Transforming for growth involves distributing ownership across the organization, empowering numerous employees to take charge of various initiatives. Each owner is responsible for not just the execution but also for envisioning the potential impact, determining necessary investments, and reporting on progress. This process is seen as creating 'small fires of growth' throughout the company, where the enthusiasm and insights of hundreds replace a limited number of executive directives. This decentralized approach ensures that growth is driven by those directly involved in implementation, enhancing accountability and engagement.
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