If you’re not in the tech industry, developing your own software may seem like an adjacency too far. But it’s just one of the things you may need to do today to execute a successful digital transformation. In this episode, we’re joined by senior partners Rodney Zemmel and Kate Smaje who co-lead McKinsey Digital. We were also joined by Laura LaBerge, a senior expert in our Stamford office, who until recently was the director of capabilities in our Digital Strategy Practice. We recorded this episode with Rodney, Kate, and Laura in 2022. They discussed the findings from their research including why most organizations achieve less than one-third of the impact they expected from digital investments. We talked about what companies can learn from the best digital performers about how to beat the odds today. Mckinsey.com article: Three new mandates for capturing a digital transformation’s full value Join our LinkedIn community of more than 87,000 members and follow us on Twitter at @McKStrategy.  Explore more Inside the Strategy Room episode transcripts on McKinsey.com  Discover our latest insights and join more than 92,000 influential professionals who are part of our LinkedIn community: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

McKinsey senior partners discuss the importance of not overlooking digital imperatives beyond Gen AI. Topics include integration of technologies for business success, rise of neural businesses, leveraging multiple technologies for innovation, practical applications of quantum computing, and maximizing benefits of AI in the workplace.

In this podcast, Rodney Zemmel discusses AI risks and opportunities, upscaling leadership teams, and developing 'soft skills.' They cover AI biases, generative AI, AI algorithms in Rewired, and the impact of APIs on organizational autonomy. The shift to digital transformation in banking is also explored, emphasizing the need for collaboration, tech talent development, and integrating digital capabilities.