Inside the Strategy Room

Read more >    Listen to the podcast (duration: 25:54) >  In this episode Simon Mulcahy, Salesforce’s executive vice president and chief innovation officer, discusses the ways the COVID-19 crisis has reshaped the sales function, and how Salesforce orchestrates innovation inside the company and with customers.Support the show: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 30:24) >  We hear from two award-winning American economists about how capitalism and corporate purpose could evolve to more broadly benefit society, especially in this current time of crisis. Yuval Atsmon, a senior partner in our London office, spoke with professor Anne Case and Nobel prize winner, Angus Deaton, about their new book, ‘Deaths of Despair and the Future of Capitalism’. Their book, which has been short-listed for the 2020 Financial Times and McKinsey Business Book of the Year, highlights the social and economic forces negatively impacting the working class, which they argue fosters inequality and undermines society.Support the show: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 30:15) >  Nigel Hughes, head of R&D and Innovation at Kellogg Company, speaks with Stacey Haas, who heads up McKinsey’s Consumer Innovation practice, and Erik Roth, who leads McKinsey’s innovation work globally. Hear Nigel’s perspective on the evolution of the CPG industry’s approach to innovation and how Kellogg itself is being solution-based and partnering with other organizations in its pursuit of growthSupport the show: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 13:52) >  Today we'll cover the two remaining shifts CEOs are making in this moment; embracing stakeholder capitalism and leveraging peer networks. Sharing their insights on this topic with us today are Carolyn Dewar who co-leads our CEO Excellence work, and Monica Murarka who is a senior expert and leader also of the McKinsey’s CEO Excellence work. We are also joined by Kurt Strovink, the leader of McKinsey’s global insurance sector. Kurt has also led McKinsey initiatives for CEOs across industries.Support the show: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 22:19) >  The COVID-19 crisis has put CEOs and the organizations they lead under great pressure. At the same time, it has provided a once-in-a-generation opportunity for chief executives to evolve the nature and impact of their role. The authors of a McKinsey Quarterly article, “The CEO moment: Leadership for a new era,” describe the shifts that top-performing CEOs have taken in how they lead—changes that have the potential to permanently transform the CEO role. Carolyn Dewar co-leads our CEO Excellence work, and Monica Murarka is a senior expert and leader also of the Firm’s CEO Excellence work. Kurt Strovink is the leader of McKinsey’s global insurance sector and has led Firm initiatives for CEOs across industriesSupport the show: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 24:15) >  One of the perennial questions corporate leaders ask is which businesses their company should be in.Our recent article, “Why you’ve got to put your portfolio on the move,” suggests that regularly changing the portfolio mix in response to market trends is the surest path to outperformance. During our European M&A conference in London, which took place earlier this year, two of the article’s authors discussed their research on portfolio transformation, based on an analysis of detailed financial results of more than 1,000 of the world’s largest public companies. Andy West is a senior partner and the global co leader of our M&A practice and Sandra Andersen is an associate partner, also in the M&A practice.Support the show: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 27:59) >  In this episode we present a panel discussion on how companies are using corporate purpose to guide their response to the COVID-19 crisis and the nascent recovery. Bruce Simpson, a McKinsey senior partner and co-author of the recent article, “Demonstrating corporate purpose in the time of coronavirus,” talks with four senior executives who have firsthand experience of establishing and driving purpose in their organizations: Rona Hulbert, general manager at British multinational retailer Marks and Spencer Group; Hubert Joly, former CEO and executive chair of Best Buy; Roma McCaig, vice president at Campbell’s Soup Company who leads corporate responsibility and environmental sustainability programs; and Rory Simpson, global chief learning officer at Telefónica and leader of the Telefónica Corporate University.Support the show: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 25:34) >  For many business leaders wrestling with the challenges of the coronavirus pandemic, growth may seem like a distant priority. However, once the health of employees is protected and the business is secured, many executives will quickly shift their focus to restarting the stalled growth engine. A recent McKinsey.com article reports that only one in ten companies manage to outperform on growth both during downturns and during the subsequent recovery. Today we speak with the article’s authors about what these through-cycle outperformers do differently.    Rebecca Doherty is a partner in our San Francisco office, and leads our Growth Strategy service line globally. Anna Koivuniemi is a partner in our Amsterdam office, and leads our Growth Analytics globally. Their article, Rev up your growth engine: Lessons from through cycle outperformers, is available now on mckinsey.com. Support the show: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 32:03) >  As companies focus on navigating through the COVID-19 pandemic, many are putting innovation on the back burner. But as two of McKinsey’s top experts on innovation explain, these organizations may miss out on rare opportunities to reinvent their businesses for the post-crisis era.  We hear from Laura Furstenthal who leads our innovation practice in North America, serving clients in a range of industries on innovation transformations. And Erik Roth, the global leader of McKinsey’s innovation practice who advises companies on innovation strategy, new product development, business model creation, culture change, and R&D management. They are co-authors of the recent article McKinsey.com article, “Innovation in a crisis: Why it is more critical than ever.”Support the show: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

Read more >    Listen to the podcast (duration: 15:38) >  Among the many factors companies weigh when embarking on mergers and acquisitions, culture is one that often gets short shrift. Yet it often plays a crucial role in a deal’s success or failure. In this episode Becky Kaetzler, a leader in McKinsey’s M&A practice, explains how to conduct cultural due diligence to help ensure a deal fulfills its goals.Support the show: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information