At a time when many organizations have adopted a hybrid or fully remote workforce in response to COVID-19, leading large-scale transformations has been a challenge. In this interview, McKinsey senior partner Seth Goldstrom notes that there has been a learning curve for leaders operating in this new dynamic. Seth shares …
In this interview with Profile Magazine, McKinsey senior partner Seth Goldstrom discusses how the concept of transformation has evolved over recent years, shifting from a focus on the balance sheet to a more holistic approach. He shares how “the aperture of impact has widened” to include an emphasis on customer …
As McKinsey senior partner Seth Goldstrom notes, it’s no secret that most business transformations don’t deliver on their promises. In fact, our research reveals that only around 30 percent of transformations meet their targets. In this interview, Seth outlines McKinsey’s approach to enterprise-wide transformations—and how companies can flip the odds …
As McKinsey’s Seth Goldstrom notes, “managing incentives in the context of a transformation requires a shift in thinking.” To be successful in today’s volatile business landscape—and minimize employee attrition—companies must fine-tune their mix of financial and nonfinancial incentives. In this interview, Seth outlines ways to develop a mix that turns …
In this interview, Seth Goldstrom outlines the checklist of ten impact essentials that leaders can consider to help boost organizational performance and health—and highlights why they are so critical to success. “Impact essentials are the activities that drive sustainable execution and change—and become part of a company’s business-as-usual activities.” As …
In this interview, Seth Goldstrom explores how and why a well-functioning transformation office ensures that activities produce real-time results. During complex transformations, companies often get stuck when trying to implement initiatives—but there are steps the transformation office can take to break through delay and indecision. As Seth suggests, a transformation …
In this interview, Seth Goldstrom speaks with his colleagues about why corporate leaders must address organizational health to ensure the sustainability of any transformation. As Seth notes in the clip, developing the right capabilities cannot be overlooked, as “transformations that develop a formal capability-building program are twice as likely to …
In a world where everything seems simultaneously urgent and important, today’s CEOs face a unique challenge when it comes to setting priorities. As McKinsey’s Seth Goldstrom notes, of course leaders can begin the journey by choosing priorities—but “to sustainably transform an organization’s trajectory, leaders will need to efficiently implement improvements …
