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    Transformation Insights

    Interactive - McKinsey Quarterly

    Five Fifty: The changeable organization

    – What does it take to transform corporate organizations? New research reveals the variables that matter most.
    Article - McKinsey Quarterly

    Why your next transformation should be ‘all in’

    – Improve the odds of a successful business transformation by going “all in” to kick-start performance and remake your portfolio.
    Video Collection

    Perspectives on transformation

    How can companies overcome the odds and achieve long-term success with an organization-wide transformation? Our video series looks... closer at all the moving parts.
    Article

    The wisdom of transformations: How successful CEOs think about change

    – What works and what doesn’t, from those who know.

    More Insights

    Article

    Completing a transformation in the consumer-goods industry

    – In a dynamic environment, every organization must realign its operating model. Consumer-packaged-goods players are no exception.... But what’s the secret to a successful transformation? Here are six ideas.
    Video

    A primer in resilience: A?conversation with Kevin Carmody

    – Having a resilience plan in place can set a company apart from its competitors while simultaneously improving cash flow and strengthening... the balance sheet.
    Article

    Why isn’t your transformation showing up in the bottom line?

    – The success rates of large change programs vary widely. Finance teams can make a big difference in the outcome of these initiatives... by articulating and validating the link between transformation efforts and long-term value.
    Article

    A primer in resilience: Maximizing value beyond earnings

    – Empowering the finance organization to take decisive action to strengthen the balance sheet is critical to achieving organizational... resilience.
    Video

    Ensuring resilience and the strategic imperative: A conversation with Kevin Laczkowski

    – A strategic transformation that focuses on resilience will allow a company to adapt to changing economic scenarios.
    Video

    Early strategic assessment: A conversation with Kevin Laczkowski

    – By plotting strategy early in a strategic transformation, companies avoid making precise plans for the wrong future.
    Video

    Key success factors in a strategic transformation: A conversation with Kevin Laczkowski

    – Leadership plays a critical role in building conviction and commitment for a sustained strategic transformation.
    Article - McKinsey Quarterly

    The numbers behind successful transformations

    – Crunching the numbers on transformations suggests good news for companies that go broad, move fast and renew often, prioritize... health, and keep stretching their aspirations.
    Video

    The role of strategy in a transformation: A conversation with Kevin Laczkowski

    – A holistic approach to transformation ensures that a company is positioning itself for long-term success.
    Interview - McKinsey Quarterly

    All in: From recovery to agility at Spark New Zealand

    – Three members of the telco’s top team describe the challenges and rewards of implementing agile rapidly—and the power... of a “no plan B” approach to change.
    Video

    The role of growth in a transformation: A conversation with Duncan Miller

    – Companies that grow the top line while simultaneously expanding their margins thrive and succeed.
    Podcast - McKinsey Quarterly

    What makes an organization ‘healthy’?

    – Research shows that companies can improve short- and long-term performance by focusing on a small number of carefully selected... management practices.
    Video

    How to ensure the sustainability of a transformation: A conversation with Alejandro Beltrán, Seth Goldstrom, and Matthias Winter

    – To ensure the sustainability of a transformation, corporate leaders must address organizational health.
    Video

    Growth transformation: A conversation with Sara Prince

    – A systematic approach gives companies a proven recipe for managing the complex process of transformative growth.
    Video

    Growth initiatives in transformation: A conversation with Chris Angevine and Darius Bates

    – Successful transformations integrate growth plans to shift businesses and move them forward.
    Video

    Removing roadblocks: A conversation with Seth Goldstrom

    – A well-functioning transformation office makes sure that activities produce results.
    Video

    The transformation office: Key success factors

    – A great transformation office is like a winning coach who pushes and encourages everyone to reach their goals.
    Video

    The elements of success: A conversation with Jon Garcia and Wesley Walden

    – Before embarking on a transformation journey, a company must have five prerequisites in place.
    Video

    Why do most transformations fail? A conversation with Harry Robinson

    – When 70 percent of transformations fail, a company needs a proven strategy to beat the odds.
    Article

    Transformation 101: How universities can overcome financial headwinds to focus on their mission

    – Troubled universities can reset their financial trajectory.
    Article

    How to transform your airline

    – Airline transformations are often necessary—and always difficult. We lay out five rules for success.
    Interview

    Keys to a sustainable transformation: A conversation with Seth Goldstrom

    – Transformations must truly change the trajectory of the organization to thrive over the long run. Here are four essential steps... to ensuring lasting change.
    Article

    Putting people at the heart of public-sector transformations

    – Transformation in government is a hugely complex undertaking. That makes it critical to get the people component right.
    Article

    A tale of two agile paths: How a pair of operators set up their organizational transformations

    – Different approaches illustrate the company and market conditions that guide the structure of teams around work, and the rapid... benefits that follow.
    Interview

    Why transformations fail: A conversation with Seth Goldstrom

    – Transformations can fail for a variety of reasons, but most unsuccessful efforts share some of these ten weaknesses.
    Interactive - McKinsey Quarterly

    Five Fifty: The T-word

    – Is your corporate transformation doomed to failure? Here’s advice for beating the long odds of success.
    Podcast - McKinsey Quarterly

    Disruption, friction, and change: The hallmarks of a true transformation

    – A company transformation is a holistic, top-priority endeavor that requires aggressive focus from the management team to reach... the full potential of a business.
    Article

    Keeping transformations on target

    – Analysis of high-stakes transformations reveals a few pragmatic lessons that increase the odds of meeting the organization’s... objectives.
    Article - McKinsey Quarterly

    Transformation with a capital T

    – Companies must be prepared to tear themselves away from routine thinking and behavior.
    Article

    The role of the chief transformation officer

    – The individual charged with leading change must have multiple capabilities.
    Article

    Sustaining the momentum of a transformation

    – Five elements can keep bad habits from reasserting themselves.
    Article

    Setting aspirational targets

    – Companies should bear in mind four principles during the target-setting part of the transformation process.
    Article

    The ‘how’ of transformation

    – In the consumer sector and in many other industries, transformation programs often fail. Creating a “performance infrastructure”... can help ensure that yours won’t.
    Article - McKinsey Quarterly

    How private-equity owners lean into turnarounds

    – PE-backed companies outperform their public counterparts during periods of distress because the owners play a more active role... in management.
    Article

    Can we talk? Five tips for communicating in turnarounds

    – In tough times, investors scrutinize every detail. Here’s how to manage the discussion.
    Article

    Maintaining a long-term view during turnarounds

    – Changing course demands an intense focus on short-term performance, but success needn’t come at the expense of long-term... value.
    Article

    In need of a retail turnaround? How to know and what to do

    – More than 50 retailers in Europe, the Middle East, and Africa have been in distress since the global financial crisis, and many... are in distress today. Some are in denial about their situation; others are busy fixing the wrong problems.
    Article

    Ten tips for leading companies out of crisis

    – Even good managers can miss the early signs of distress, says McKinsey’s Doug Yakola, who’s been running recovery... programs for 20 years. The first step is to acknowledge there’s a problem.

    Connect with our Transformation Practice

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