We talk with McKinsey partners and corporate executives on the challenges they face creating lasting strategies in a fast-changing world. We also examine the di...
237. Adapting on the go: How Judy Marks leads Otis Worldwide Corporation through all manner of change
Judy Marks is one of the few dozen women who lead Fortune 500 companies. She joined Connecticut-based Otis Elevator in 2017 as President, and was appointed CEO in 2019. After leading the company’s 2020 spinoff to become an independent publicly traded company, she was appointed Chair as well. Additionally, Judy serves on the board of Caterpillar. In this episode McKinsey Senior Partner and North America Chair Eric Kutcher talks with Judy about how she thinks about geopolitical shifts, technological change, and leading 71,000 employees in more than 200 countries and territories around the globe. Related insights The art of 21st-century leadership: From succession planning to building a leadership factory A business of its times: Haier’s self-evolving organization Author Talks: IBM’s Ginni Rometty on leading with ‘good power’ Getting fit for growth: The leadership mindsets and behaviors that matter Opening doors for women leaders: An interview with Caroline Feeney CEO PerspectivesDiscover 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
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236. How corporate boards are responding to their changing role
Corporate boards face increasing complexity as factors such as technological and geopolitical change challenge the organizations they serve. At the same time, boards are expected to do more, including to serve as catalysts of value creation. In this episode we talk with three experts on board effectiveness about their research: Senior partners Frithjof Lund and Celia Huber lead McKinsey’s Board Services Practice, together with senior expert Nina Spielmann. Their recently published analysis, “Better together: Three ways to boost board–CEO collaboration,” looks at the ways boards can do more to help advance the corporations they steward. Related insights The rising complexity of board directorship Ready to board: Ascending new heights through CEO-board communicationDiscover 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
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235. Reimagining board communications
We discuss the role of technology in improving board communications, the challenges boards face in managing information, and how AI and cloud-based platforms can help streamline board meetings and improve decision-making.Our guests are Niamh Corbett, the Head of Americas for Board Intelligence, McKinsey senior partner Celia Huber, who leads our North American Board Services Practice, and actor, filmmaker, and entrepreneur Edward Norton, who is also the co-founder and head of strategy at Zeck—a cloud-based software platform designed specifically for boards. Related insights Better together: Three ways to boost board–CEO collaboration The rising complexity of board directorship Ready to board: Ascending new heights through CEO-board communication Zeck is software that reimagines the board meeting process to improve decision-making for boards, investors, and management teams. Board Intelligence provides management reporting software and a board portal that unlocks your business’s performance and governance.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
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What an AI-powered finance function of the future looks like
In this bonus episode of Inside the Strategy Room, we feature an interview with OpenAI CFO Sarah Friar from the At the Edge podcast. Sarah joined our senior partner, Lareina Yee, to discuss how to lead through this era of intense technological change and what it means for the future of the finance function and business leadership. Our At the Edge podcast features conversations with creative leaders and pioneers who demystify cutting-edge technologies and share strategies for companies to capture big opportunities. Related insights At the Edge podcast Keeping artificial intelligence real Cisco Systems CFO on M&A, geopolitics, and the emerging AI opportunity Managing the risks around generative AI 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
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234. Building the will to transform: The importance of communication in transformations
The way leaders talk about the goals and process of transformation has a profound influence on outcomes. The process of transformation can challenge any organization that undertakes it. In this episode, McKinsey transformation experts John Parsons, Dominic Skerritt, and Mary Lass Stewart talk about the role of communication to engaging and keeping team members on board and energized throughout the process. The trio recently co-authored an article on the subject, Going all in: Why employee ‘will’ can make or break transformations. Related insights How to communicate effectively in times of uncertainty To deliver a transformation’s full potential, put the front line first The powerful role financial incentives can play in a transformation How many people are really needed in a transformation? McKinsey Insights on Transformation McKinsey Transformation on LinkedInDiscover 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
We talk with McKinsey partners and corporate executives on the challenges they face creating lasting strategies in a fast-changing world. We also examine the different ways these executives approach these challenges and the new and innovative ways they think of creating a vision for their enterprises.
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