Please click "Accept" to help us improve its usefulness with additional cookies. Required fields are marked with an asterisk (*). We use cookies essential for this site to function well. These are extraordinary times, and inevitably they have required some companies to lean into these challenges by slashing costs, reducing headcount and halting investments to conserve cash. People create and sustain change. Mehr als 1.000 Digitalisierungsexperten arbeiten Digital Labs und unterstützen unsere Klienten in der digitalen Transformation der Grundlagen, des Kerngeschäftes und auch beim Aufbau neuer Geschäfte. The series features... Watch our collection of videos featuring perspectives from CEOs, leading industry experts, and authors. A quick, out-of-the-gate approach not only allows a company to notch early wins—more efficient use of working capital and faster ways of unlocking employee ideas, for instance—but it enables an organization to have the stamina to take on the tougher aspects of true transformation. “But it’s here now, and the organizations going all-in on transformation can change the odds in their favor and will accelerate out of this crisis,” he adds. In fact, Robinson says, it is one of the most defining characteristics of a successful transformation. For George Oliver, chairman and CEO of Johnson Controls, a building technology and solutions company, the transformation challenge was as clear as it was big: Make the 2016 merger of Johnson Controls and Tyco more cohesive, with a unified strategy and a leadership team all moving in lockstep. By using this Site or clicking on "OK", you consent to the use of cookies. Oliver says OpenBlue was possible because of the early work done to align the company’s fundamentals, get the right leadership in place and instill a sense of momentum and growth into the culture. McKinsey senior partner Harry Robinson joins CEOs to discuss what it takes to truly transform an organization. Detailed information on the use of cookies on this Site, and how you can decline them, is provided in our cookie policy. We'll email you when new articles are published on this topic. McKinsey Quarterly. After years of McKinsey research on organizational transformations, 1 the results from our latest McKinsey Global Survey on the topic confirm a long-standing trend: few executives say their companies’ transformations succeed. Press enter to select and open the results on a new page. You can’t pull off an effective transformation if people have hidden agendas and go off and do their own thing. hereLearn more about cookies, Opens in new Porte-étendard de la transformation digitale, le cabinet de conseil en stratégie McKinsey tire les enseignements d’un accompagnement à long terme d’entreprises de tous secteurs, privés et publics, en France et à l’international. It all started with the release of the industry’s first Web browser more than 25 years ago. collaboration with select social media and trusted analytics partners cookies, McKinsey_Website_Accessibility@mckinsey.com, Harry Robinson: How companies must transform for success in The Next Normal, How six companies are using technology and data to transform themselves. collaboration with select social media and trusted analytics partners These articles provide more context and insight relevant to developing a deeper understanding of how to make cloud successful. “The companies that are doing transformation right have an all-in mentality from the start,” Robinson says. Transformation Insights. Here are the key elements of transformation—with a capital “T”—and how making the right moves now can pay off in the coming years. Helping you embed technology where it unlocks the most value for your organization . Research shows that 70 percent of transformations fail, but by starting boldly, acting fast, sharing a vision and stretching aspirations, business leaders can flip that script. A recent piece by McKinsey Global Institute (MGI) takes a look back at how life has changed since the “commercial internet” emerged. Encore à prouver pour d’autres. Article Five trends shaping the future of Medicaid. Data reinforced her belief. “The companies that are doing transformation right have an all-in mentality from the start,” Robinson says. A McKinsey Live event on ‘The secrets of transformation success’. That meant bringing problems forward, speaking the truth, showing respect and collaborating on solutions. McKinsey research shows that more than 40 percent of a successful transformation’s value comes from growth initiatives—not cost cutting, layoffs or other slash-and-burn strategies. For instance, part of the OpenBlue platform uses cameras that can scan multiple people as they enter a building to detect if any of them have an elevated temperature, one of the biggest indicators of infection. In this special collection, we help executives overcome the odds by bringing together fact-based insights about the roles of strategy, innovation, technology, and organization in creating successful transformations. By using this Site or clicking on "OK", you consent to the use of cookies. But there isn’t a CEO or management team on earth that’s experienced the health, financial and operational headwinds that have resulted from the coronavirus pandemic. McKinsey Quarterly. up to serve consumers, despite the heightened uncertainty of COVID-19. Interactive - McKinsey … “You have to paint a picture of where the business needs to head and why.”, Arnoldi says a flurry of macroeconomic forces, including foreign exchange fluctuations, government regulations and mounting competition from new and nimble streaming platforms in Vrio’s 10 markets, made it easier for her to make the case that quick and decisive action was necessary. McKinsey Insights - Get our latest thinking on your iPhone, iPad, or Android device. Please click "Accept" to help us improve its usefulness with additional cookies. McKinsey Global Institute. Business leaders pride themselves on their ability to pivot and course-correct in times of crisis and economic turmoil. Évident pour certains. Flip the odds. “Incremental change is not their story.”. Interview - McKinsey Quarterly Why a cut-and-paste approach to digital transformation won’t cut it: An interview with the founder of Biocon December 2, 2020 – Asian companies can reap many benefits if they not only embrace but also truly understand digital innovation, says Kiran Mazumdar-Shaw. Most transformations fail. Er ist Co-Leiter der deutschen McKinsey's Transformation practice. Article Healthcare consumerism today: Accelerating the consumer experience. Trending topics. Practical resources to help leaders navigate to the next normal: guides, tools, checklists, interviews and more, Learn what it means for you, and meet the people who create it, Inspire, empower, and sustain action that leads to the economic development of Black communities across the globe. Email. Please use UP and DOWN arrow keys to review autocomplete results. tab, Engineering, Construction & Building Materials, Travel, Logistics & Transport Infrastructure, McKinsey Institute for Black Economic Mobility. Enterprise-wide performance lift. Im Konsumsektor und in vielen anderen Branchen scheitern Transformationsprogramme oft. Practical resources to help leaders navigate to the next normal: guides, tools, checklists, interviews and more, Learn what it means for you, and meet the people who create it, Inspire, empower, and sustain action that leads to the economic development of Black communities across the globe, Don't miss this roundup of our newest and most distinctive insights, Select topics and stay current with our latest insights. Further, 69 percent of respondents who have an opinion say their companies’ transformations led to a greater capacity for continuous improvement. Video The path to true transformation October 28, 2020 – To deliver lasting change, companies need to take actions that both boost performance and inspire their people. “Those companies will never look back.”. Enabling your people to accelerate and sustain the change. In July, the company unveiled OpenBlue, its open digital platform that connects traditionally separate systems to make buildings more efficient, sustainable and safe—an especially vital offering in today’s environment. Oliver says OpenBlue was designed to be a game changer, not a quick fix or interim solution. Contact us to inquire about our work in transformation. Ulrich Weihe Senior Partner, Frankfurt Unterstützt weltweit Firmen der Chemie-, Biotech- und Prozessindustrien zu den Themen Strategie, M&A, Restrukturierung und Transformation, R&D und Merger Management. July 16, 2019. In July, JCI unveiled OpenBlue, an open digital platform that connects traditionally separate systems to make buildings more efficient, sustainable and safe—an especially vital offering in today’s environment. Research, articles, and authors are published on this site, and reports on transformation of initiatives on is! 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